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Topic: Bitcoin dominance - where do you expact it? - page 2. (Read 345 times)

full member
Activity: 406
Merit: 100
Market Integration Platform
February 17, 2018, 11:21:29 AM
#11
It will decrease for sure, to maybe 20% but after 1-2 years it will probably go up again because there will be less coins with high market cap compared to today.
jr. member
Activity: 224
Merit: 9
February 17, 2018, 11:17:56 AM
#10
I entered when bitcoin dominance was around 50% and now we are at almost 35%. For the near future i expect to see bitcoin dominance around 20%, with all the shitcoin dead and all their marketcap on the most important coins like ethereum, omisego, neo..
20% bitcoin dominance would not be so bad, considering this number with a total marketcap of trillions.
newbie
Activity: 137
Merit: 0
February 17, 2018, 11:13:29 AM
#9
So when I entered the market the bitcoin dominance was around 60%
Now we have around 36% market dominance.

Who cares?
Dominance, marketcap, statistics that serve no real purpose.

When Bitcoin was going down, none of the altcoins no matter how revolutionary the shills claimed to be was doing any better.
During the last drop, bitcoin actually "performed" better than the altcoin market by 2% if we refer to market cap.
Is there any coin that can drag the entire market in one direction besides BTC ? No!

If we talk about real dominance, let's talk about real world usage.
How many bitcoin atms are there and how many stellar or cardano atms?
How many shops accept bitcoin and bitcoin only and how many only one altcoin?



absolutly with you.
i think that if bitcoin can make the next step,...
its a sure thing that they will be the PRACTICAL blockchain money!
because everything is about TRUST and how much the project is know (especially from the mass)
sr. member
Activity: 574
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
February 17, 2018, 11:09:36 AM
#8
What expact? Do you mean expect? Bitcoin is now dominating the whole market again and I believe that in no time, bitcoin might reach a big amount again. And also, in no time, the marketcap will be back with 500B cap Cheesy.
legendary
Activity: 1806
Merit: 1029
February 17, 2018, 11:09:18 AM
#7
I suspect Bitcoin will continue to gradually lose market dominance over time, but as long as the size of the pie keeps increasing that doesn't matter too much. It's also good to have more variety in this market.

Bitcoin is the first cryptocoin, but it's not the best in terms of functionality, so eventually it will lose its top position to one or more altcoins that simply do the job better.

The million dollar question: which coins will be the ones who kick Bitcoin out of its top position?
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
February 17, 2018, 11:05:54 AM
#6
So when I entered the market the bitcoin dominance was around 60%
Now we have around 36% market dominance.

Who cares?
Dominance, marketcap, statistics that serve no real purpose.

When Bitcoin was going down, none of the altcoins no matter how revolutionary the shills claimed to be was doing any better.
During the last drop, bitcoin actually "performed" better than the altcoin market by 2% if we refer to market cap.
Is there any coin that can drag the entire market in one direction besides BTC ? No!

If we talk about real dominance, let's talk about real world usage.
How many bitcoin atms are there and how many stellar or cardano atms?
How many shops accept bitcoin and bitcoin only and how many only one altcoin?

full member
Activity: 182
Merit: 100
February 17, 2018, 10:18:31 AM
#5
Bitcoin dominance at this moment is really low compared on last year and other fork it have. But, that's happen because its popularity and demand increase as it hit 20,000$ last year. In my opinion thats the All-time high of bitcoin. It is normal to decrease the value of it. i also expect the down trend of bitcoin as of this month but in other-hand I am hoping to increase the price up to 50% to 60% of its lost this coming summer.
legendary
Activity: 2170
Merit: 1427
February 17, 2018, 10:01:18 AM
#4
Bitcoin dominance in terms of its market cap is meaningless with altcoins being able to easily cheat with their insane total coin supplies. Bitcoin in that regard can only lose, even if it keeps going up, because if Bitcoin goes up, the entire altcoin market lifts up as well. It's Bitcoin as a single coin, versus the rest of the altcoin market, which is basically +1500 different coins. Now tell me, how fair is it to judge on Bitcoin's dominance with this information in mind? It's market share that matters, actual usage, money circulating in Bitcoin's ecosystem, and not a silly metric based market cap dominace. If this continues, Bitcoin's market cap dominance will at some point dive under 10%, and you know what that means? Nothing. Cheesy
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
February 17, 2018, 09:56:16 AM
#3
Hi.

I am quite new. But i really love this forum!
Great job to everybody.

Many people are measuring there money in their fiat, lets say doller, euro etc.
But the main thing here is,... beating the market. Means for me, trying to make more bitcoins with investing / trading whatever in compare to bitcoin.

So when I entered the market the bitcoin dominance was around 60%
Now we have around 36% market dominance.

Where is your prediction for this summer / end of the year,... and in the near future?


I think we will have to look at the dominance of Bitcoin + All its forks. Bitcoin is not the flavour of the month for people investing in cryptos and its dominance has dropped in the last few months. I still expect it to recover to over 50% within a year and stay there. Given the number of people who have invested in Bitcoin, I do not expect it to drop below 40% in the long term.
legendary
Activity: 1946
Merit: 1007
February 17, 2018, 09:52:30 AM
#2
Bitcoin dominance has been swinging between around 30-80% in the last year or so. As the market matures and more serious competitors rise and gain serious traction, market dominance will probably keep reducing in time. Just see what Ether and ripple take away from the dominance.

It's not really a bad thing though, as long as it stays the biggest coin by some margin, I don't see bitcoin failing because it has lower market dominance.
newbie
Activity: 137
Merit: 0
February 17, 2018, 09:48:58 AM
#1
Hi.

I am quite new. But i really love this forum!
Great job to everybody.

Many people are measuring there money in their fiat, lets say doller, euro etc.
But the main thing here is,... beating the market. Means for me, trying to make more bitcoins with investing / trading whatever in compare to bitcoin.

So when I entered the market the bitcoin dominance was around 60%
Now we have around 36% market dominance.

Where is your prediction for this summer / end of the year,... and in the near future?
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