Topic: Bitcoin has 54% of the cryptocurrency market - page 11. (Read 2316 times)
Well for me there is no really a debate or arguing to know which is the strongest cryptocurrency or coin in the cryptocurrency market or digital market. Bitcoin is still the king. Not because it is the first launched coin. It is just because we all know how valuable bitcoin is. It is still the most valuable cryptocurrency. Being the king means you are the most valuable. Also, when it comes to popularity, bitcoin is still the most popular cryptocurrency available because it is still has the most number of supplies and the number of users or those who have bitcoin.
Bitcoin is better than any other currency. Right now the condition the price is falling for a long time but hope it will overcome and it has achieve more success .
bitcoin still dominates and will continue to dominate the market as it has so more prospect and so much to offer. Though price of bitcoin is down now, its only for a while. bitcoin is still the number one cryptocurrency and will remain so
Bitcoin of cos control the crypto currency market because it is one of the strongest available and by such standard, a lot of people surely suscribes to it and it will be impossible to see a crypto currency market not making reference to bitcoin. Bitcoin is as strong as ever and the value will surely exceed the present value
the bitcoin dominance has again increased, it once fell to about 38 percentage as a result of the increase in price of other altcoins but then the dip in the market has left other coins dropping in price and again giving the bitcoin the high increase in the dominance it currently enjoys
Note that bitcoin price has decreased. The dominance has increased to to altcoins fall.
I would like to ask the OP. Which one do you prefer?
1. Bitcoin price is 19000 dollar and the dominance is 38%
2. Bitcoin price is 6500 dollar and the dominance is 54%.
I would like to ask the OP. Which one do you prefer?
1. Bitcoin price is 19000 dollar and the dominance is 38%
2. Bitcoin price is 6500 dollar and the dominance is 54%.
You are right, the next move bitcoin is going to make will be huge and many people will rush back into crypto world
I used to buy bitcoin and for this need to bee sell some altcoin because I feel that BTC will be increase again and I hope this because of it's dominance which is more than 50%.
Bitcoin dominance is approximately 54% now but it's market value is down. Many predict that bitcoin will dead soon for it's down market but this dominance prove that BTC will not die.
Yes it's the strongest, has the highest dominance and biggest market cap. No one can displace it. It will be there for long. Its the king. Even though it has reduced much ,its still king.
Is it for the current market or the 2017 market for bitcoin? As we all know that 2017 was the largest fiat value for bitcoin and does not seem too good if you will going to generalize the market with the 2017 records since you stipulated about it in your thread. Anyway i do believe on it also since it could be clearly seen through its current market price wherein bitcoin is the most expensive crypto for now.
The current statistics can be seen here:
https://coinmarketcap.com/charts/#dominance-percentage
Dominance is sitting at a nice 53.7% right now, still very low, anything but lower than 70% is ridiculous. 80% is the normal if we consider Pareto law's distribution and we are still far from it which points to many shitcoins to continue going very low in the following months as BTC rises.
With BCash about to blow up downwards due the civil wars I expect a lot of people selling their BCH bags and going back to Bitcoin, including Jihan.
That's why I'm prefer invest on bitcoin rather than other coin.
Keep consistent and trusting on bitcoin will earn you unexpected profit , just like I did 4 years ago.
Although more coin are getting compete with bitcoin but they still need some time and effort to do it !
Keep consistent and trusting on bitcoin will earn you unexpected profit , just like I did 4 years ago.
Although more coin are getting compete with bitcoin but they still need some time and effort to do it !
Bitcoin dominance has increased recently due to investors confidence in altcoins going down a lot. For bitcoin holders this is great news but equally bad news for alt holders. These are difficult times and one should invest only in those coins which has good potential.
For those of you that think that Bitcoin is going down this article proves that it's still the strongest in the cryptocurrency world. Not since December 2017 has Bitcoin been such a dominant part of cryptocurrency.
Full article here: https://bitcoinist.com/cryptocurrency-market-54-bitcoin/
Full article here: https://bitcoinist.com/cryptocurrency-market-54-bitcoin/
Yes, bitcoin dominance staying above 50% in the market. I think it is because the listing ETF.
Many peoples sold their altcoins and buying bitcoin, this explain why the altcoin price dropping but bitcoin price not dropping.
No wonder that bitcoin became dominant, because it is the first cryptocurrency.
Is it for the current market or the 2017 market for bitcoin? As we all know that 2017 was the largest fiat value for bitcoin and does not seem too good if you will going to generalize the market with the 2017 records since you stipulated about it in your thread. Anyway i do believe on it also since it could be clearly seen through its current market price wherein bitcoin is the most expensive crypto for now.
Is it for the current market or the 2017 market for bitcoin? As we all know that 2017 was the largest fiat value for bitcoin and does not seem too good if you will going to generalize the market with the 2017 records since you stipulated about it in your thread. Anyway i do believe on it also since it could be clearly seen through its current market price wherein bitcoin is the most expensive crypto for now.
The current statistics can be seen here:
https://coinmarketcap.com/charts/#dominance-percentage
Dominance is sitting at a nice 53.7% right now, still very low, anything but lower than 70% is ridiculous. 80% is the normal if we consider Pareto law's distribution and we are still far from it which points to many shitcoins to continue going very low in the following months as BTC rises.
With BCash about to blow up downwards due the civil wars I expect a lot of people selling their BCH bags and going back to Bitcoin, including Jihan.
This is a normal development that Bitcoin is getting stronger in the sustainable bear market. Alts has decreased and people are moving their assets to Bitcoin. But most don't want to leave Crypto, so bitcoin is a safe place for now. Just don't be fooled by this situation because the crypto market is very fast changing depending on crypto's own market demand.
I believe bitcoin's charisma for crypto is indeed extraordinary, this can be seen from the rise and fall of bitcoin will affect most crypto
this is very good news but for me personally I'm not very happy because the rest of the tokens don't grow in price! because of the fall in the growth of bitcoin, many people pour their money into bitcoin specifically because of autumn, bitcoin
This was very much expected. The alts were looking more and more over-priced, despite having very little acceptability. There can be no better example other than Ripple. It had a peak market cap of 40 billion USD, despite having less than 1 million users.
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