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Topic: Bitcoin has 54% of the cryptocurrency market - page 7. (Read 2316 times)

newbie
Activity: 38
Merit: 0
even the market is going down, i still think that bitcoin will never lose its position and always dominate the market
sr. member
Activity: 1092
Merit: 284
Bitcoin is a pioneer of all cryptocurrancy in the crypto market so this is a normal development that Bitcoin is getting stronger in the sustainable bear market. Alcoin is getting destroyed and people are fleeing with the masses. But most don't want to leave Crypto, so bitcoin is a safe place for now. Just don't be fooled and think this will stay like that.
full member
Activity: 1260
Merit: 100
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/

I don't see any problem of it, normally bitcoin will be dominant in cryptocurrency because it is the first crypto in the world.
Bitcoin has been used by peoples since 2009, so bitcoin will be the most used coin in cryptocurrency.
Not mention that there will be bitcoin ETF, though the decision is delayed to Dec 2018, but more peoples will use bitcoin of course.
member
Activity: 308
Merit: 10
Bitcoin having 54% percent dominance on the cryptocurrency floor still shows how much relevance it has to the blockchain technology as it is the first coin to drive the blockchain technology. it also has other cryptocurrency trading in its pair and thats enough to give it the value of dominance it currently enjoys
member
Activity: 392
Merit: 10
Only an ignorant individual would expect less than that from bitcoin, the father of all cryptocurrencies. No cryptocurrency comes closer in terms of community, adoption and market share and it is going to maintain this position for a very long time to come.
member
Activity: 224
Merit: 10
Well of course it is the strongest, we don't even need researches to know that. Looking at coinmarketcap who would say that BTC is dying or becoming weaker?
jr. member
Activity: 149
Merit: 1
Yeah bitcoin is too much dominant and i see any other crypto currency rising in fromt of the bitcoin.. bitcoin will remain dominant.
sr. member
Activity: 1092
Merit: 256
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/
because the king of all crypto is bitcoin, and dominates the market long ago, and I'm sure bitcoin will continue to triumph even if too many new coins emerge
sr. member
Activity: 980
Merit: 253
Those saying bitcoin is falling are not saying it out of sentiments because some bought bitcoin at a price of $20000 per coin so when it is $6000 now, they've got to say that but they should also remember that it was lower than $4000 a year today so it isn't too bad for bitcoin, it shall be well soon...
sr. member
Activity: 462
Merit: 250
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/

Bitcoin dominant increasing after drop to 38% but the different is bitcoin price not too rising. Its happen because market cap value decreasing. It give effect to altcoin and i think many altcoin price will drop significant
Yes this is a good sign.Bitcoin is the father of all the cryptocurrencies and you can also see this from the figures.Bitcoin is the most expensive and valuable cryptocurrency in the market and it has the highest number of users among all the cryptocurrencies and altcoins.Bitcoin is the money making machine and so everyone is taking advantage of it.It has made many people rich its demand is also increasing all over the world due to this reason only.
sr. member
Activity: 1428
Merit: 251
September 30, 2018, 08:16:49 PM
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/

Bitcoin dominant increasing after drop to 38% but the different is bitcoin price not too rising. Its happen because market cap value decreasing. It give effect to altcoin and i think many altcoin price will drop significant
member
Activity: 117
Merit: 11
September 30, 2018, 07:15:48 PM
well yeah, since the main "bitcoin" is the bitcoin. so people would norlammy trust the first and most known type of cryptocurrency
sr. member
Activity: 910
Merit: 257
September 30, 2018, 04:24:18 PM
It is a normal development that Bitcoin is getting stronger in a sustained bear market. Alts are getting destroyed and people flee them in masses. But most don‘t want to leave crypto, so bitcoin is a safe haven for the time being. Just don‘t be fooled and think this is going to stay like that.

I agree. Also, it would not be surprising for Bitcoin to posses such characteristic since it's the pioneer coin, which almost singlehandedly introduced the market to the world, as well as, the coin that has the highest value and marketability compared to the other coins in the market. In the past decade, since the existence of cryptocurrencies, Bitcoin has held that throne and the crown, without any coin coming close to it, therefore, having the power to hold that much percentage of the market would surely be something Bitcoin can do.
newbie
Activity: 532
Merit: 0
September 30, 2018, 04:04:05 PM
Bitcoin is the best coin so far it well know and use by most people... Investors love to invest in bitcoin than any other crypto because they believe and trust bitcoin more than any other Altcoin.
hero member
Activity: 1098
Merit: 500
September 30, 2018, 03:43:07 PM
I think that this trend will continue. Bitcoin is the best cryptocurrency coin, it has always been and will continue to be so. It is unlikely that the technology will be created better than this. Therefore, in my investment, I focus on bitcoin as the most promising coin.
sr. member
Activity: 1936
Merit: 290
September 30, 2018, 01:15:14 PM
Bitcoin is the most number one currency for getting more profit,investor trading always like this Bitcoin because their have good knowledge and confidence about bitcoin.it is the real coin and help us make good profit.i think now Bitcoin has 70% plus cryptocurrency market.
full member
Activity: 342
Merit: 100
September 30, 2018, 01:09:45 PM
Bitcoin has always been the most powerful player in the cryptocurrency market. This has been due to a number of reasons, one of them being the popularity of bitcoins. Bitcoin spread like fire and its popularity is much more than other currencies. Investors have always possessed confidence on bitcoins no matter how shaky the market has been.
newbie
Activity: 16
Merit: 0
September 30, 2018, 04:27:43 AM
Just wait until bitcoin prices rise again, HODL. Bitcoin has been stable on 6k but can not tell for the same altcoins that have been hit pretty badly. In the future, I think bitcoin will continue to grow and it is expected that by 2020 the bitcoin will account for 75% to 80% of the electricity market.
full member
Activity: 812
Merit: 101
September 19, 2018, 06:36:40 PM
of course, even though we see lower substantive patterns, but bitcoin always dominates every volatility cycle and cryptograph.

but some people predict that to avoid virtual currency bubbles, so they choose to create a defending market and reduce the crypto activities, like in china.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
September 19, 2018, 05:26:55 PM
Yes, during the recent market crash most of the people has pulled out their money from altcoins and invested in either bitcoin or tusd. Bitcoin has been stable over 6k but the same cannot be told for altcoins which have taken hit pretty badly.
And this is completely understandable if you stop for a moment and think about what is happening, when a market crashes people try to find some kind a refuge to take shelter and avoid the worst part of the crash and in this market there are only two ways to do that, you either get out of the market and get fiat and wait until the market begins to recover or you sell your altcoins and instead invest in bitcoin because you know that altcoins have a very strong tendency to go down way faster than bitcoin.

And as you see that is precisely what is happening, people are selling their altcoins and that is making the price of those altcoins to go down very rapidly and instead bitcoin remains more or less stable for the time being.
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