Topic: BTC Dominance on CoinMarketCap - page 11. (Read 2470 times)
I think one thing that has aided bitcoin is the fact that there is a wide range of accessibility which has translated to adoption across board
Considering there are thousands of coins and tokens out there, what sort of dominance should Bitcoin have which shows that even though it remains the dominant force there is still a lot of space for others to narrow the gap?
No other coin will overtake nor will narrow down the gap of bitcoin dominance, ten years from now you will not see many of these coins in the market place and yet you will see bitcoin dominating all the way, we would see more centralized coins being chunked out in the next few years as corporates would take this opportunity to come up with their version of cryptocurrency, but nothing will topple bitcoin.
bitcoin will be a benchmark for other cryptocurrency, it won't be able to beat the fame and dominance of bitcoin
The dominance of bitcoin has come to stay and no coin can challenge it. I really dont see any altcoin closer enough to challenge or get to it's level in years to come. And this not what we expect, we want to see other altcoin skyrocket with it with the same velocity
even when cryptocurrency condition bad or bearish , bitcoin will still dominance on cryptomarketcaps. You don't need the reason , because its clear that bitcoin is the first cryptocurrency and all coin on market exchange do pair on bitcoin. that make the volume bitcoin its self really dominance there.
Even before bitcoin has been dominating other altcoins in cryptomarket and as ever before too. andn s one good
cryptocurrency in the market. other tha.tthat there .
So what coulde be the biggest problem in hostipay. I do.not why they.hmm probably gamay I just hope regional directory.
bitcoin is secure and it takes sometime before one can get their money from data and most of all the alpha can do this.
cryptocurrency in the market. other tha.tthat there .
So what coulde be the biggest problem in hostipay. I do.not why they.hmm probably gamay I just hope regional directory.
bitcoin is secure and it takes sometime before one can get their money from data and most of all the alpha can do this.
The dominance of bitcoin now is a bit too high so the alt coin got a difficulty to grow, the good percentage dominance is about 30-40% so there are plenty room for alt to grow, but this dominance is not too bad, the higher dominance mean btc will got a better value
Considering there are thousands of coins and tokens out there, what sort of dominance should Bitcoin have which shows that even though it remains the dominant force there is still a lot of space for others to narrow the gap?
Currently the BTC Dominance according to CMC is: 62.6%
Just recently I made a thread about BTC dominance and the fate of altcoins as well. I think that when BTC dominance is as high as it is right now, altcoins don't stand a chance. Bitcoin is just one coin, so more than a thousand is far from playing a big part in this situation, let alone particular altcoins. If the dominance is 50% or the other hand, I think it's reasonable and gives space both for Bitcoin and for altcoins. The current growth, unlike the one before, seems to be at the expense of altcoins. It might be a temporary thing, but it seems to be a new trend to me.Currently the BTC Dominance according to CMC is: 62.6%
I like your views on 50% dominance but I would be happy for Bitcoin dominanc eto fall to even 30-35% if it means others narrowing the gap.
I do not mean for trash coins and tokens to play catch-up but the serious projects that have meaning, uses and are practical such as Ethereum and XRP as well those with new innovations.
Considering there are thousands of coins and tokens out there, what sort of dominance should Bitcoin have which shows that even though it remains the dominant force there is still a lot of space for others to narrow the gap?
Currently the BTC Dominance according to CMC is: 62.6%
Currently the BTC Dominance according to CMC is: 62.6%
During mid-2017, the dominance was down to 33% and Ether was closely behind with 31% (BTC lost a large chunk of the market share when BCH forked out). But even then, Bitcoin was the most dominant coin out there. Now the market share has grown by almost 2x from those levels and we don't need to worry about the future of Bitcoin anymore.
Altcoin Season = Lower BTC Dominance 
Bitcoin will always be the number one crypto in coinmarketcap or in any crypto ranking site.
We already know more about that mate, we are trying to know the reason or reasons behind it dorminance in the world of cryptocurrency. First and foremost, it's the first decentralized digital currency among others that brake the ground for cryptocurrency communities to be know, and also, it's privacy has no rival as such many investors and gambler's are in love with the coin. Bitcoin is the first name you come to know before venturing into the world of cryptocurrency.
Hopefully later, BTC will no longer dominate the market .. 
it's difficult to minimize the dominance of bitcoin. there are currently no more than 10%. even if all altcoins are combined there is still a long distance. it's difficult to minimize the dominance of bitcoin. there are currently no more than 10% coins. even if all altcoins are combined there is still a long distance.
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I add more importance to a store of value than anything else--
Being able to spend your funds when and where you want with the blockchain as trusted middleman will be as important if you would ask me. Considering there are thousands of coins and tokens out there, what sort of dominance should Bitcoin have which shows that even though it remains the dominant force there is still a lot of space for others to narrow the gap?
Currently the BTC Dominance according to CMC is: 62.6%
CMC once had mistakes and was condemned by the community. However, it is still an indispensable part of the market for related data references. Nothing really accurate with the current data. Some exchanges have prevented additional data on CMC. Bitcoin is superior and will account for the highest proportion, behind it, many of the altcoin is in the bottle cap.Currently the BTC Dominance according to CMC is: 62.6%
The dominance of bitcoin now is a bit too high so the alt coin got a difficulty to grow, the good percentage dominance is about 30-40% so there are plenty room for alt to grow, but this dominance is not too bad, the higher dominance mean btc will got a better value
It will change. It is always changing. It so happened that the more aggressive as of the moment, and of the past days actually, is Bitcoin. The dominance reflects which is more bullish. By the time the altcoins will start flying, expect the dominance to lower down. As you said, Bitcoin might be dominating on 40% more or less during the alt season.
This because bitcoin is the mother of all the coins. Besides, bitcoin is older than any other coin in the market to which means that it has been already had a good market from millions of users all over the world. So, for surr that bitcoin will dominate in the market. However, there could be q chance that one day there could be a crypto that will surpass the bitcoin market.
What are you views on BTC market Dominance percentages?
How can you be so sure? That is a bold statement to make.
Maybe a competitor will dethrone it in a few years or so. I keep an open mind about this.
Bitcoin's path is clear, which is to function as store of value. It's gaining adaption on a daily basis as being that. Optionally, LN might also add utility in form of instantly and near free transactions.Maybe a competitor will dethrone it in a few years or so. I keep an open mind about this.
I add more importance to a store of value than anything else-- cheap and fast day to day transactions are likely going to be taken over by centralized stable coins because they work as money and do that today already.
We have had tons of altcoins with each a different utility and roadmap, but none of them signal that there is actual demand for them. Crypto as a whole is just overhyped, so is the blockchain as technology.
If Bitcoin dominance did fall to say 25% that in itself would mean higher prices per token/coins for other competitors out there. 25% BTC Dominance would allow others to narrow the gap and if there was another competitor in the 20%+ Dominance region then that would be an amazing time for crypto.
in a perfect world where we had other real projects, that would have made sense. but what we have is pump and dumps and creation of hundreds of new coins in a short time span since it doesn't cost anything and the reward is high! so if the bitcoin dominance fell to 20% in reality is shows that the number of pages on coinmarketcap.com has grown from the current ~25 pages (100 coin per page) to 70 pages. Quote
I think that as long as others narrow the gap on Bitcoin lowering its Dominance then the better it will be for the crypto market in general.
if you want to see the ream "bitcoin dominance" and determined whether it was actually lowered or if it is still 100%, then look what happens to altcoins as soon as bitcoin price starts to make a move! look where the money goes and how it flees the altcoin market. that should give you a pretty good idea where the real dominance is at 
This is an excellent post. Thank you. If that dominance or over-reliance on BTC within the market capital was to go to down then it would bring some balance (no matter how small) to the others and allow for better competition.
As for alt-coins it is clear beyond doubt that the sellers are active when the market is climbing or in a bull-run so they are making money but then so are BTC sellers.
No one can ever replace and defeat a bitcoin easily unless there's sabotage on that cryptocurrency and something new showed up to fix those. Bitcoin is the first decentralized digital money and has a huge community so it's very impossible for them to reach it. Even the bitcoin's price value goes low, there is still a huge gap that will show bitcoin is the greatest of them all.
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