although new coins keep popping up I think Bitcoin always dominates market valuations...interest in Bitcoin is still very high in the market,
I'm not sure there will be Altcoin who can beat the dominance of Bitcoin.
Topic: Bitcoin regaining dominance. - page 6. (Read 5077 times)
I think that Bitcoin will alway be above all other cryptocurrencies. Bitcoin is first cryptocurrency and that gives it a lot. It broke the ice and showed people what cryptocurrency could be or become. Also if it was not the best, it wouldn't have the highest price. Maybe in time it will lose to some other or new crypto, but for now its first.
Yes , I agree mate. Bitcoin is the first crypto currency, Bitcoin will always be above all other coin. Bitcoin is the King of crypto.
That is the only advantage of Bitcoin over other digital currencies, it is the first digital currency. If Bitcoin is not the first digital currency, I don't think that we can still say this. Bitcoin has the highest price but it don't have great features like fast transaction and anonymity like the other crypto currency has. Bitcoin will be just above other currencies in terms of its price.
I don't know why BTC keeps it's dominance over other coins. Maybe BTC is the first one so people invest on it more. Maybe the projects involved with BTC is getting stronger. Or maybe BTC is just a juggernaut by itself. But i think, if given time, other coins will catch up.
Self explanatory, by so many things, I would think. You want to come and talk about crypto? Best place is BitcoinTalk. You want to trade on an exchange? Most traded pair is Bitcoin. Want to buy things? Invest in ICOs? First choice currency is Bitcoin. You can't escape Bitcoin if you talk about crypto. Even if market dominance in this terms is reduced, Bitcoin will be the most used crypto for a long, long time. And it isn't even trying.
I think that what is happening is a simple economics. I was taught in economics that once you have either fear or nostalgic feeling in market or product, it either help to push the popularity of the product positively or negatively .
Thus, in this light, whatever is happening is supporting bitcoin to continue the bullish movement and we know or have speculated (maybe rightly) that the incoming fork is responsible for this. This is causing holders to hold tightly and not to release nor sell because they expect some bonus in their wallet.
Again, because people are not selling, it then means few that are willing to sell will do that at a higher rate, meaning many users chasing few bitcoin available.
This theory is however anchored on one of the economics theories - 'the higher the demand, the higher the price'.
Thus, in this light, whatever is happening is supporting bitcoin to continue the bullish movement and we know or have speculated (maybe rightly) that the incoming fork is responsible for this. This is causing holders to hold tightly and not to release nor sell because they expect some bonus in their wallet.
Again, because people are not selling, it then means few that are willing to sell will do that at a higher rate, meaning many users chasing few bitcoin available.
This theory is however anchored on one of the economics theories - 'the higher the demand, the higher the price'.
There will be always a time for cryptocurrency to regain its price value or the normal price in the market and that is the reason why decreasing of prices of cryptocurrency is not a bad thing because you can always earn profit by investing.
I don't know why BTC keeps it's dominance over other coins. Maybe BTC is the first one so people invest on it more. Maybe the projects involved with BTC is getting stronger. Or maybe BTC is just a juggernaut by itself. But i think, if given time, other coins will catch up.
Bitcoin always leads the way in its dominance in the digital market. It always leads in terms of attractiveness as well as attractiveness by its inherent characteristics and values as it regains its form. ??
Since its development, bitcoin has the largest number of users and the largest network. Its development has benefited from the network effect.
Other cryptocurrencies beyond the existence of BTC theory of possibility!
Other cryptocurrencies beyond the existence of BTC theory of possibility!
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Despite the fact that the bitcoin has been going through some ups and downs I believe it will get back to its leading position as soon as its value increases like in the end of the last year.
Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
All types of crypto coins are volatile. They are all the same but bitcoin is still the best crypto coin. It is the most reliable and valuable coin.That is why the trust of most investors is with bitcoin. It is truly regaining now and let us look forward for higher price. Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
People are moving their alts to bitcoins because of the fork. I expect them to move back to alts after.
But yeah, Bitcoin never really lost dominance. It just regained some lost ground is all.
But yeah, Bitcoin never really lost dominance. It just regained some lost ground is all.
The Bitcoin still number one among all crypto currency coin as posted on the wall of the trading market, with the strong fundamentals, high level of confidence on the market, plus the global acceptance is growing, Bitcoin investor are coming in, and actively participating in the crypto trading market on Bitcoin. This just show that Bitcoin remain the favorite from all other ALT coin posted on the market, even with the issues posted vs. Bitcoin on Digital transaction, like the issues on Banned, the Scammer, and the persistent issue on Regulation, Bitcoin price value able to stabilized favorable to investor on the trading market.
In the old days, bitcoin dominance was about 50% or above and then it dropped down sharply with the crashes took place in the field. Now it's looking stable around 35% and it may go up to 40% at most, no more for now.
People are moving their alts to bitcoins because of the fork. I expect them to move back to alts after.
But yeah, Bitcoin never really lost dominance. It just regained some lost ground is all.
But yeah, Bitcoin never really lost dominance. It just regained some lost ground is all.
Bitcoin was hammered by a lot of issue after its ICO posting, the price value goes up and down on the market treed, base on the date the question was posted on this wall Bitcoin market status encountered a lot of issues like Banned,Scammer and the issue on Regulation yet it remains number one among all other ALT coin posted on the trading market. with high level of confidence of investor, fundamental are stable, the price value still favorable to the investor with the ups and down on the trading market. I am optimistic, that once the volume of investment on Bitcoin increase, it will remain among the top of all ALT coin on the market.
People are moving their alts to bitcoins because of the fork. I expect them to move back to alts after.
But yeah, Bitcoin never really lost dominance. It just regained some lost ground is all.
But yeah, Bitcoin never really lost dominance. It just regained some lost ground is all.
The Bitcoin still number one among all crypto currency coin as posted on the wall of the trading market, with the strong fundamentals, high level of confidence on the market, plus the global acceptance is growing, Bitcoin investor are coming in, and actively participating in the crypto trading market on Bitcoin. This just show that Bitcoin remain the favorite from all other ALT coin posted on the market, even with the issues posted vs. Bitcoin on Digital transaction, like the issues on Banned, the Scammer, and the persistent issue on Regulation, Bitcoin price value able to stabilized favorable to investor on the trading market.
Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
I dont think Bitcoin ever lose its dominance. Even though a lot of alts are rising Bitcoin will still the foundation of them. Bitcoin never lose its dominance in reality it's just that these new alts caught the attention of the people in the start but only few of them maintain their greatness unlike Bitcoin. Bitcoin is the most powerful of all cryptos.
Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
let's say that lately price of ETH is closer to BTC, but the bitcoin now is regaining it's dominance in crypto. market, the bitcoin is first coin in the market, bitcoin is the most valueable and most popular coin among all so I believe that no one can pass the bitcoin. Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
I dont think Bitcoin ever lose its dominance. Even though a lot of alts are rising Bitcoin will still the foundation of them. Bitcoin never lose its dominance in reality it's just that these new alts caught the attention of the people in the start but only few of them maintain their greatness unlike Bitcoin. Bitcoin is the most powerful of all cryptos.
Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
It is normal.bitcoin regaining dominance. We should read more about this cause we all know that it is important. Cryptocurrencies nation.or system nowadays need to be special and we should learn something about this. This moment is occurring so rare so think rice Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
In the coin market index , we can see that bitcoin is regaining dominance on all altcoins, in terms of price value, that bitcoin is on top of the board ,so with this the customer could have trust in bitcoin because of its standing and popular in digital world.
Yes, that's right. Bitcoin is always in the position of a leader. It will always have influence, importance across the crypto market. Because of the power of fame and greatness to create popularity around the world. bitcoin will continue in that position in the future.I think that Bitcoin will alway be above all other cryptocurrencies. Bitcoin is first cryptocurrency and that gives it a lot. It broke the ice and showed people what cryptocurrency could be or become. Also if it was not the best, it wouldn't have the highest price. Maybe in time it will lose to some other or new crypto, but for now its first.
Yes , I agree mate. Bitcoin is the first crypto currency, Bitcoin will always be above all other coin. Bitcoin is the King of crypto.
I think bitcoin regaining dominance since the first hardfork, the result of the hardfork is quite valuable so people expecting another free coin from the next hardfork and causing the demand volume to increase pretty quick and high, in the end bitcoin will still dominating because all of the alt coins exchange token is btc, so no matter how great an alt coin it will never beat bitcoin dominance
Apart from reaching a new ATH, bitcoin is also regaining dominance vs other alts. It was halved between March and June and bitcoin has been slowly regaining it but lately seems to have received a boost.
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
Source: (https://coinmarketcap.com/charts/#dominance-percentage)
Any ideas about why this is happening?
I dont think Bitcoin ever lose its dominance. Even though a lot of alts are rising Bitcoin will still the foundation of them. Bitcoin never lose its dominance in reality it's just that these new alts caught the attention of the people in the start but only few of them maintain their greatness unlike Bitcoin. Bitcoin is the most powerful of all cryptos.
Bitcoin is growing in popularity and importance in the Cryptocurrency market. Upon knowing the role and effect of Bitcoin, the user will agree to select Bitcoin for his trading activities by Bitcoin really fast and safely. Bitcoin's position is the most important in the Cryptocurrency market. However, Bitcoin has been fluctuating in recent days, which has also affected investor sentiment. But that is just the law for the development of Bitcoin.
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