Topic: Bitcoin regaining dominance. (Read 5002 times)
Bitcoin always dominates the cryptocurrency. The only problem since that fall of the market was bearish trends that have lasted even until this present. Everything was going a bit stable though since it hit the $3,000 level. If this is the rock bottom as of now then the possibility of bitcoin going up is always very much possible anytime from now. Many are really awaiting for it to pump again up once more.
Halving is the main factor, if we look back in 2015 bitcoin marketcap is only USD 6.45 bn , 2016 is USD 15.49 bn, 2017 is USD 237 bn, 2018 is decreased gradually to USD 66.8 bn. I think altcoin isn't get stronger but bitcoin which weakening. Now halving makes people attention focus on bitcoin so it become stronger again.
We can hope that by the end of this year Bitcoin will regain its dominance in cryptocurrency market in terms of market capitalization .and also we can trust that financial regulators will soften their stance and .Bitcoin will regain its dominance it is supported by the ever growing. complexity among altcoins most occurred in the Bitcoin cash eco-system .Bitcoin had a bad year in 2018 that the digital currency lost almost 73% of its value . There are reasons like proliferation of altcoins that expanded the horizontal supply of currencies .The lack of transparency in ICOs it has turned the cryptocurrency markets to scare investors away from Bitcoin investing .
I quite agree with your many views. but the lack of transparency in the ICO has led to the lack of investors in the crypto market. I think that ICO projects are invested by a large part of their partners, almost gaining softcap. then, whether the outside investor community wants to contribute to the project is another story.cash flow always flows in a circle and if ICO projects die, there will still be better ways to raise capital such as STO and IEO without affecting the market.
Marketcap from cryptocurrency is currently dominated by bitcoin. the volume is so large in the market. and when prices experience an increase it also makes an increase in bitcoin
We can hope that by the end of this year Bitcoin will regain its dominance in cryptocurrency market in terms of market capitalization .and also we can trust that financial regulators will soften their stance and .Bitcoin will regain its dominance it is supported by the ever growing. complexity among altcoins most occurred in the Bitcoin cash eco-system .Bitcoin had a bad year in 2018 that the digital currency lost almost 73% of its value . There are reasons like proliferation of altcoins that expanded the horizontal supply of currencies .The lack of transparency in ICOs it has turned the cryptocurrency markets to scare investors away from Bitcoin investing .
Bitcoin dominance increase because most altcoin drop more than 90%. Bitcoin dominance more than 50% from market cap value and i think its not good for altcoin. If more people more interesting to invest in bitcoin, altcoin could drop more and i think bitcoin dominance should be at 30% and that will be good for cryptomarket
How Altcoin will go up if Bitcoin is getting worse and worse every day and no good points are seen. All will feel the same if the queen of all types of coins has decreased. Nothing can be done at this time by holding for a long time.
As always the altcoin will still go along with bitcoin , because as of now bitcoin is still in dominance among all altcoin in the market , so if the bitcoin will falldown ,the other altcoin will also goes down in the market, altcoin can rose up high when bitcoin and ethereum are still down in value in the market.
Yes, in my opinion Bitcoin prices will strengthen again after the decline, because Bitcoin has a good future, the concept of Bitcoin is to leave FIAT money which tends to be very government-controlled, while Bitcoin is very rule-free, so the world community will buy Bitcoin for long-term investment.
Bitcoin gaining dominance is a good symbol for the bull run we can expect bitcoin to be back to previous prices once the price stabilises and prepare for next bull rally
Bitcoin dominance is been above 50% for last many months and that is why the altcoins are directly dependent on bitcoins. In such dominant bitcoin market, when ever bitcoin pump or dump, all other altcoins will have severe impact.Bitcoin dominance increase because most altcoin drop more than 90%. Bitcoin dominance more than 50% from market cap value and i think its not good for altcoin. If more people more interesting to invest in bitcoin, altcoin could drop more and i think bitcoin dominance should be at 30% and that will be good for cryptomarket
How Altcoin will go up if Bitcoin is getting worse and worse every day and no good points are seen. All will feel the same if the queen of all types of coins has decreased. Nothing can be done at this time by holding for a long time.
Bitcoin gaining dominance is a good symbol for the bull run we can expect bitcoin to be back to previous prices once the price stabilises and prepare for next bull rally
Bitcoin dominance is been above 50% for last many months and that is why the altcoins are directly dependent on bitcoins. In such dominant bitcoin market, when ever bitcoin pump or dump, all other altcoins will have severe impact.I agree on you guys . bitcoin will remain the supremacy because so far btc has still got the highest value but let say bitcoin drops lower than any other cryptos , i think we can still say that bitcoin is still the one and the best because it is the original cryptos and others are only a replica in order to compete or in short for business purposes only .
Bitcoin dominance increase because most altcoin drop more than 90%. Bitcoin dominance more than 50% from market cap value and i think its not good for altcoin. If more people more interesting to invest in bitcoin, altcoin could drop more and i think bitcoin dominance should be at 30% and that will be good for cryptomarket
Bitcoin has never really lost its power. Now its price is quite low but it still accounts for more than 50% market share of the market. Although it has dropped significantly after the market correction, it still has something special. It is always an important currency.
There are times that bitcoin is dropping into very low deep but they can be recovering easily because bitcoin is the king of cryptocurrency.all is start in bitcoin,so cryptocurrency is legacy of bitcoin.
Bitcoin gaining dominance is a good symbol for the bull run we can expect bitcoin to be back to previous prices once the price stabilises and prepare for next bull rally
Bitcoin dominance is been above 50% for last many months and that is why the altcoins are directly dependent on bitcoins. In such dominant bitcoin market, when ever bitcoin pump or dump, all other altcoins will have severe impact.
Bitcoin gaining dominance is a good symbol for the bull run we can expect bitcoin to be back to previous prices once the price stabilises and prepare for next bull rally
Check statistics, man. Each time, when the bulls were ruling the market, the dominance of Bitcoin used to fall down. When the bears appeared, it was growing. Now, its dominance is between 51% and 54%.
Bitcoin gaining dominance is a good symbol for the bull run we can expect bitcoin to be back to previous prices once the price stabilises and prepare for next bull rally
Bitcoin dominance is been above 50% for last many months and that is why the altcoins are directly dependent on bitcoins. In such dominant bitcoin market, when ever bitcoin pump or dump, all other altcoins will have severe impact.
Huh, was about to ask when it was halved, before taking a look at the date and seeing it was last year. Of course Bitcoin is always taking the lead and will continue to take the lead. No altcoin can compete with Bitcoin, despite it has been forked many times, BCH and Bitcoin Gold, but it still kept moving ahead of all of them. The other two halves were just failure, though BCH is still trying in the market, but the current fork on BCH has made things worst. And people even believe that it was also one of the reason for the market going down.
Bitcoin can easily regain dominance in future because we had sharp falls in the value of the coin years ago and the loss was recovered so this time again the loss in the value will recover. Just stay hopeful and think positively.
This time around it wasn’t halved or something, this is just a normal fall in the market. And Bitcoin is still dominant as it has the biggest market cap and also stands as the number one coin with the highest price too. None of these altcoins can compete with it. Even Bitcoin alone can be a good investment, there is no need for diversification. Bitcoin gaining dominance is a good symbol for the bull run we can expect bitcoin to be back to previous prices once the price stabilises and prepare for next bull rally
Bitcoin dominance is been above 50% for last many months and that is why the altcoins are directly dependent on bitcoins. In such dominant bitcoin market, when ever bitcoin pump or dump, all other altcoins will have severe impact.
In my opinion. Bitcoin will always dominate crypto currencies in the trading market. and bitcoin will continue to be a reference for altcoins. we cannot deny this, bitcoin has become the parent of all current altcoins. so this dominance will continue until an indefinite time.
Bitcoin gaining dominance is a good symbol for the bull run we can expect bitcoin to be back to previous prices once the price stabilises and prepare for next bull rally
Bitcoin dominance is been above 50% for last many months and that is why the altcoins are directly dependent on bitcoins. In such dominant bitcoin market, when ever bitcoin pump or dump, all other altcoins will have severe impact.Jump to: