Topic: Bitcoins Dominance is now above 50% again (Read 147 times)
in the midst of current market instability, it's better to move assets to bitcoin. I also chose that, rather than having to trade on an exchange market that is difficult to predict even though bitcoin dominance has reached 51% now. I hope bitcoin will soon increase.
Announcing MyEtherWallet v3.24.00: Difficulty Bomb&Updating blockchain
Due to the complexity of the Bomb and the increased risk of hacking, we pushed a rather drastic update that implements a number of changes and improvements, including enhancement of efficiency and scalability of the blockchain, acceleration of transaction speed, and additional security in the form new formats private keys which will help protect users against hacking.
If you are using private key or UTC, then you need to go into the wallet and update manually, otherwise they risk being unprotected.
How do i update my Ethereum wallet?
1. Go to our website MyEtherWallet.com
2. Unlock your wallet using your Keystore File (UTC / JSON) or simply use your private key.
3. Click Unlock and wait for the update.
Please note that you need to manually update your wallet, failure to do so may result in funds being lost.
We are taking these measures to protect both you and our network from phishing and malicious attacks.
Thank you for your cooperation and understanding!
MyEtherWallet Security Team.
If you use other methods, then ignore this message.
Due to the complexity of the Bomb and the increased risk of hacking, we pushed a rather drastic update that implements a number of changes and improvements, including enhancement of efficiency and scalability of the blockchain, acceleration of transaction speed, and additional security in the form new formats private keys which will help protect users against hacking.
If you are using private key or UTC, then you need to go into the wallet and update manually, otherwise they risk being unprotected.
How do i update my Ethereum wallet?
1. Go to our website MyEtherWallet.com
2. Unlock your wallet using your Keystore File (UTC / JSON) or simply use your private key.
3. Click Unlock and wait for the update.
Please note that you need to manually update your wallet, failure to do so may result in funds being lost.
We are taking these measures to protect both you and our network from phishing and malicious attacks.
Thank you for your cooperation and understanding!
MyEtherWallet Security Team.
If you use other methods, then ignore this message.
Bitcoins has crossed above the 50% dominance in the last few hours. Bitcoin dominance are on 50,7% right now.
People have been dumping there Altcoins the last 3 months. Bitcoins dominance was down on 36% in May.
A continued massive selloff of Altcoins can leave to a new Bitcoin bull run later this year, just like we witness last year, with the Bull Run from October to December 2017.
https://coinmarketcap.com/charts/#dominance-percentage
People have been dumping there Altcoins the last 3 months. Bitcoins dominance was down on 36% in May.
A continued massive selloff of Altcoins can leave to a new Bitcoin bull run later this year, just like we witness last year, with the Bull Run from October to December 2017.
https://coinmarketcap.com/charts/#dominance-percentage
this is an indexation failure, and mainly due to glenn's biased and corrupt coinmarketcap, the dominance as the prices vary between indexes more and more
Bitcoins has crossed above the 50% dominance in the last few hours. Bitcoin dominance are on 50,7% right now.
People have been dumping there Altcoins the last 3 months. Bitcoins dominance was down on 36% in May.
A continued massive selloff of Altcoins can leave to a new Bitcoin bull run later this year, just like we witness last year, with the Bull Run from October to December 2017.
https://coinmarketcap.com/charts/#dominance-percentage
As I stated in my previous posts also that bitcoin is the most popular, success and the most sustainable crypto currency of all the time and all the remaining crypto currencies are just like derivatives of bitcoin, it will be not wrong to say bitcoin a sustainable crypto currency because it has proved its worth to be called sustainable and if we look at the growth graph of bitcoin then the statistics are clearly stating that there is no currency of bitcoin matching and the bitcoin is dominating them all. People have been dumping there Altcoins the last 3 months. Bitcoins dominance was down on 36% in May.
A continued massive selloff of Altcoins can leave to a new Bitcoin bull run later this year, just like we witness last year, with the Bull Run from October to December 2017.
https://coinmarketcap.com/charts/#dominance-percentage
A lot of people have seen BTC as a temporary safe haven during this bear market and there is no doubt that a lot of people holding other cryptocurrencie aside Bitcoin had dropped them by now and seek refuge with BTC, this move is really a win-win scenario for investors as while BTC is helping them maintain the value of their money the margin also of it from other cryptocurrencies is getting bigger (price decrease of other cryptocurrencies is bigger) which means that anytime they bought back their old cryptocurrency holdings they will obtain more of it because of the cheaper price.
it is simply because bitcoin has stopped dropping for a couple of months now. we have been basically at $6k levels for the past 4 months maybe more even. but the altcoins have been losing value all this time and that means their market cap (price * supply * 2000 altcoins count) is dropping that fast so bitcoin's market cap (price * supply) is staying pretty much the same and the ratio is increasing because of it.
this will continue until altcoins are no longer in bubbles. which means another 50% drop at least for the top 50 altcoins.
this will continue until altcoins are no longer in bubbles. which means another 50% drop at least for the top 50 altcoins.
People have been dumping there Altcoins the last 3 months.
Good. The altcoin market is oversaturated, overhyped and overpriced. The number of viable altcoins with a real use future is less than double figures. The vast majority of altcoins have no product and no vision, other than to make easy money for their creators. The sooner these coins are dumped, the better for us all.
Bitcoins has crossed above the 50% dominance in the last few hours. Bitcoin dominance are on 50,7% right now.
People have been dumping there Altcoins the last 3 months. Bitcoins dominance was down on 36% in May.
A continued massive selloff of Altcoins can leave to a new Bitcoin bull run later this year, just like we witness last year, with the Bull Run from October to December 2017.
https://coinmarketcap.com/charts/#dominance-percentage
People have been dumping there Altcoins the last 3 months. Bitcoins dominance was down on 36% in May.
A continued massive selloff of Altcoins can leave to a new Bitcoin bull run later this year, just like we witness last year, with the Bull Run from October to December 2017.
https://coinmarketcap.com/charts/#dominance-percentage
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