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Topic: Bitcoins dominance fall will trigger a market crash! (Read 113 times)

jr. member
Activity: 294
Merit: 3
If Bitcoin can’t go to 9500 It is game over for BTC
jr. member
Activity: 294
Merit: 3
Take heed

If BTC crashes it will level this market and the market will rebuild accordingly.
This is a STRONG possibility
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
BTC is losing market dominance and there is talk around that this will trigger a bear market that will change the playing field!
bitcoin is gaining more market dominance as more people invest in it and as its price goes up and most important of all as more merchants start accepting bitcoin as payment in that regard bitcoin is dominating 99.99% of the market and 0.01% belongs to the 1500 altcoins.

Quote
Think about it. BTC’s price goes down to 4400 and ALTs are hit hard and then the market grows decoupled from BTC.
you can wish for it all you want but it won't come true Cheesy
hero member
Activity: 1036
Merit: 504
I do not think this is necessarily true. Bitcoin's market dominance may fall, but if more FIAT is being pumped into the Coinmarketcap in general, it means that both Altcoins and Bitcoin can surge in value, like it did last December. We might be in for another bull run soon, especially if institutional money, coupled with mass adoption arises over the next few months. The market is fickle and it can go either way, but we must remember that the technology is here to stay and although many altcoins can fall, if they are not backed up by real projects, I think still that there is much room for the price of Bitcoin and other cryptos to still rise and to a x 10 bagger over the coming two to three years.
newbie
Activity: 196
Merit: 0
There is a strong possibility this could play out because BTC is LOSING dominance right now and people are buying alts that have more potential. As BTC loses dominance and as its price falls it could cause a market crash and everything will be dragged down regardless.
newbie
Activity: 68
Merit: 0
After several years of development, Bitcoin’s market share has fallen from a general over 85% to a long-term below 50%. Why did such a fall occur? The first reason that we can think of is because Bitcoin does not work hard. For example, it has been unable to successfully expand the capacity caused by the continuous increase in fees, forced away users. The second thought of Bitcoin is just the first of the successful blockchain products, and now more of the other blockchain products are beginning to evolve.
newbie
Activity: 196
Merit: 0
We have leading crypto that could take cover if bitcoin will fall and i guess it is enought ot operate in the cryptomarket.
newbie
Activity: 196
Merit: 0
The possibilities of the crypto like ether, ripple  and other leading crypto will become like bitcoin or this crypto will be like bitcoin or achieve what bitcoin has achieve today. And there are ICO also that are potential in the crypto market.
jr. member
Activity: 294
Merit: 3
BTC is losing market dominance and there is talk around that this will trigger a bear market that will change the playing field!

Think about it. BTC’s price goes down to 4400 and ALTs are hit hard and then the market grows decoupled from BTC.

There is a strong possibility this could play out because BTC is LOSING dominance right now and people are buying alts that have more potential. As BTC loses dominance and as its price falls it could cause a market crash and everything will be dragged down regardless.

Remember that the trend now was caused by a 1000 USD price spike in BTC.
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