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Topic: Bitcoin has 54% of the cryptocurrency market - page 9. (Read 2316 times)

hero member
Activity: 1302
Merit: 540
September 04, 2018, 10:51:41 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/
By the end of 2017, its market share was more than 70%. Currently it only fluctuates at 60% and this is really a downward spiral. But I believe that Bitcoin is still very valuable at this point. It is only underestimated and affected by the surrounding economy.
Still the basis currency inside this market, and popularity also raising more those negative news are holding for a while but indeed bitcoin still
dominating and making its bounce back, just be optimistic in anyhow and enjoy the rest coming out from this investment currency.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 04, 2018, 10:41:29 PM
so we don't have to be afraid for the negative news that saying bitcoin will fall too deep as bitcoin still leading the cryptocurrency market. and if in the last year, bitcoin price can increase for $19k then at this end of the year, I think the price can get up again and maybe the price can reach that number again or less than $19k and in the next year, the price can reach more than $19k. and if there is any positive news for bitcoin, it will push the price to the higher price but I don't think that the price will go down too deep if there is any negative news release.
member
Activity: 420
Merit: 10
September 04, 2018, 10:24:34 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/
By the end of 2017, its market share was more than 70%. Currently it only fluctuates at 60% and this is really a downward spiral. But I believe that Bitcoin is still very valuable at this point. It is only underestimated and affected by the surrounding economy.
member
Activity: 406
Merit: 10
September 04, 2018, 10:19:20 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/

Indeed, the dominance of bitcoin is still on above 50% in the market.
I guess it is no wonder that bitcoin price is not going down in this bear market for past weeks.
Maybe because the bitcoin ETF ? Lets see what will happening if btc ETF has been approved.
jr. member
Activity: 154
Merit: 1
September 04, 2018, 04:59:54 PM
someday there will come a day when some other will shift the bitcoin from the first place and it is very interesting at that moment to observe the market
full member
Activity: 602
Merit: 118
September 04, 2018, 04:48:58 PM
Because until now bitcoin has been regarded as a currency that's quite popular to be used as a medium of exchange in the real world even though its real function's as a digital currency. However, the increasing popularity of bitcoin a lot of criticism from the government which began to emerge regarding the use of this virtual currency. Some even say that there will be danger which arises because of bitcoin. This thing happens because bitcoin is considered to have no intrinsic value no authority regulates it and can be misused to make illegal transactions.
legendary
Activity: 1582
Merit: 1031
September 04, 2018, 04:10:48 PM
yes current Bitcoin   dominance: 53.1% .
That is very great in my opinion becourse i am a only Bitcoin lover Wink
most altcoins are totally central and there is still no need for an other coin.
Becourse bitcoin will always get updated as it was with the lightning network!



kind regards
full member
Activity: 252
Merit: 100
September 04, 2018, 04:05:28 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/
Well, this is quite a powerful indicator at the moment, so this coin shows its potential in the crypto-currency market, and does not yet give to its consumers, because when buying it also has a risk.
full member
Activity: 224
Merit: 100
https://eloncity.io
September 04, 2018, 03:43:46 PM
This is the thing that helps me to keep calm and simply believe in the BItcoin. Because if it will about to die or perish soon, it will not keep the dominant anymore.
jr. member
Activity: 378
Merit: 3
September 04, 2018, 03:41:33 PM
Yea Right? Bitcoin is like the mother of the cryptocurrency market, it's impossible to do without it. people should understand this.
newbie
Activity: 182
Merit: 0
September 04, 2018, 03:38:44 PM
This is a sign that bitcoin won't die, contrary to the opinion of many. Bitcoin's haters simply can't discount its use case, and they can't thwart the demand for it. Its value will rise.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
September 04, 2018, 03:31:50 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/
And it is very likely that this is not the end, it's likely that this is just the beginning, there are so many altcoins out there that are completely useless and that are taking money out of bitcoin that when those coins disappear the bitcoin dominance is going to go up even further, I will not be surprised if the bitcoin dominance reaches 65% or even 70%.

With that in mind then this means that for the time being bitcoin is going to be the best investment in this market for a long time, it is not going to be until the new bull market comes when altcoins will begin to dominate the market again but I really think that is going to take a few years before that happens so it is better to hold your bitcoin and then exchange it for altcoins when that happens.
newbie
Activity: 182
Merit: 0
September 04, 2018, 03:30:55 PM
Honestly speaking,It is the best crypto and it has no competition so there could be no reason why bitcoin dominated the marketcap in the crypto market.
member
Activity: 434
Merit: 10
September 04, 2018, 02:19:10 PM
This dominance of bitcoin in the market, it's rather bad than good. This indicates a lack of confidence in the market, so most sell alts and buy bitcoins.
newbie
Activity: 195
Merit: 0
September 04, 2018, 02:14:33 PM
its not a news for good investors to know that bitcoin will definitely gain steady growth and the recent article on cryptocurrency has shown that Bitcoin is currently dominating the cryptocurrency market as the top-ranked cryptocurrency looks to achieve 50% market share. this is great.
hero member
Activity: 729
Merit: 502
September 04, 2018, 02:01:16 PM
So what? Bitcoin is the first and the main cryptocurrency for now. Obviously that it will dominate. Maybe someday it will change, maybe it's not, because Bitcoin is evolving.
member
Activity: 322
Merit: 20
Donating 10% to charity
September 04, 2018, 01:51:00 PM
And it will stay that way if not increase in the next years.

Bitcoin is the first and original Cryptocurrency and is the one who got the consumer's preference first, for that reason it's kind of obvious which one will be the most valuable coin over time for long.

Ethereum is growing at almost the same rate but that preference is something hard to beat. Ask Pepsi about it.
newbie
Activity: 14
Merit: 0
September 04, 2018, 01:50:25 PM
If we talk about newbie who wanna enter in crypto market than they first think about bitcoin because bitcoin is most popular cryptocurrency. now in this bearish trend All other altcoins in their all time down price and bitcoin is stable between $6k to $7k price. in my opinion bitcoin investment is best if we planing for long term investment, bitcoin will be exist for long term in market rather than other coins & soon we will see new bullish trend in bitcoin market like previous year so finally we can say investors first priority is bitcoin for investment.
newbie
Activity: 80
Merit: 0
September 04, 2018, 01:38:10 PM
bitcoin is the mother of all cryptocurrency so of course the market share will also be high and we know that day by day the number of people who want to buy bitcoin are increases and we know that 21 million bitcoin will be mined in 100 years and 17 million is been mined so the quantity of bitcoin is not many increases and people interest increases day by day which results in increase in demand so off course the market share of bitcoin is more than any other cryptocurrency.
jr. member
Activity: 154
Merit: 1
September 04, 2018, 01:12:08 PM
Yeah indeed i sure bitcoin will not down, Because without bitcoin there will be no another digital currencies. And we need always support bitcoin anything happen. And i hope bitcoin can be support by every people in this world. Smiley



I think Since the creation of cryptoworld, bitcoin dominated market capitalization. This only means that bitcoin will not die, contrary to the doubts of many people. Bitcoin haters cannot ignore their use cases, and they cannot frustrate requests for it. Its value will rise and rise inevitably no matter what. So the game now is you ride with bitcoin or be left by the boat.
Because bitcoin only proves its strong grip on its throne. It's still the king of all crypto currencies.
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