Topic: Increasing dominance of Bitcoin - page 2. (Read 436 times)
Bitcoin defined crypto to begin with, all initial investments were made in btc and with its gaining popularity even subsequent ones. Even after alts entering the market btc held its own unreachable place, and continues to dominate the market as king.
It's because there are few bitcoin in circulation and and as more people buy and hold the bitcoin and more people looking to buy, the demand for it will make the price to be increasing.
Well get used to it. Bitcoin has always been the leading cryptocurrency and will continue to take the lead for a long time to come. Bitcoin has grown so much to the point that some altcoins can only hope to be. There is no way that any coin will be catching up with bitcoin let alone talk about overtaking bitcoin as the lead coin in the market. Altcoins are not failing, bitcoin is just better.
Bitcoin is the foundation of crypto thats why its dominating the world marketcap right now. All alts depends on the price of bitcoin. And bitcoin is the most widely accepted crypto in the world. And bitcoin is the crypto that can easily buy without going to any trading platform.
There are great influencer along the way. We need to contribute more so New investors/ Institutions would know what's good and bad in bitcoin regime
There's alot of speculation in the market but i'll make sure that bitcoin is the best coin to invest.
There's alot of speculation in the market but i'll make sure that bitcoin is the best coin to invest.
This is the main reason why bitcoin has a huge influence over all altcoin in the market. One thing contributing to the dominance of bitcoin was the new comer/investors, they use bitcoin as a gateway to the cruptocurrency world.
With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
Price wise, yes Bitcoin is really up there! And market cap is crazy. But these are just huge figures that we can initially see which gives us the impression (especially the new comers), "Hey, I think it would be pretty nice to invest in that currency!" Craze usually draws in a lot of people. But many of us fail to realize the profitability side of these coins. Bitcoin offers profit but it will take time and patience for that to happen because of its high price. Unlike with alts wherein most prices are flexible and offers a wider range of profit. So for me, alts are pretty much alive.But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
Price wise, yes Bitcoin is really up there! And market cap is crazy. But these are just huge figures that we can initially see which gives us the impression (especially the new comers), "Hey, I think it would be pretty nice to invest in that currency!" Craze usually draws in a lot of people. But many of us fail to realize the profitability side of these coins. Bitcoin offers profit but it will take time and patience for that to happen because of its high price. Unlike with alts wherein most prices are flexible and offers a wider range of profit. So for me, alts are pretty much alive.But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
yeah, the altcoins didn't work. more than 80% of altcoins have lost their prospects and value.
With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
Bitcoin is the King of cryptocurrency. The team behind Bitcoin is hard working and won't stop working amazingly. BTC will continue its dominance until Altcoins succeed in the crypto space
I think many investors is selling their altcoins for Bitcoin now to prepare Bitcoin's ETF to the moon after SEC acceptance. That is why dominance is growing and will continue to grow.
With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
Price wise, yes Bitcoin is really up there! And market cap is crazy. But these are just huge figures that we can initially see which gives us the impression (especially the new comers), "Hey, I think it would be pretty nice to invest in that currency!" Craze usually draws in a lot of people. But many of us fail to realize the profitability side of these coins. Bitcoin offers profit but it will take time and patience for that to happen because of its high price. Unlike with alts wherein most prices are flexible and offers a wider range of profit. So for me, alts are pretty much alive. But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
Bitcoin is itself considered a dominant digital coun in the whole crypto economy as you might have read that before bitcoin there was nothing to say crypto.But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
People are introduced with bitcoin first, later they are taught about altcoins and therefore it will remain dominant always
Bitcoin dominant status are based on the Volume of investment put in by the investors, high level of confidence, fundamentals, market structures, not to mention being all over the news on social media, print, broadcast media, Bitcoin is globally accepted and very strong on the crypto market. Remain number one among all the ALT coin as posted.
Since the beginning of the course already seen that bitcoin is indeed coins. even the bitcoin is able to defeat all of the existing altcoin. So it's no wonder if the current course bitcoin it feels to be the reference price for the other.
It's not question that the crypto dominance has its always biggest share to bitcoin.
Altcoins are failing in a way due to the ICOs who are the ones that's pulling their market down by having a lot of scams that makes the investors fear of investing.
Once bitcoin adds more percentage to the dominance, it will also be shared to altcoin market.
Altcoins are failing in a way due to the ICOs who are the ones that's pulling their market down by having a lot of scams that makes the investors fear of investing.
Once bitcoin adds more percentage to the dominance, it will also be shared to altcoin market.
Although Bitcoin is the oldest cryptos in the market and has the highest rates in the market, its dominance in the market today is not BTC but rather altcoins. In the future, if there is no improvement in the BTC, it is likely that altcoins will overtake the market cap. Investors' predictions also show that altcoins will overtake BTC for the next 3 years.
actually altcoin and also the bitcoin indeed form a pattern. When the bitcoin increase, then the altcoin will decline. As well as vice versa. However, unfortunately, lately indeed the pattern changed. When the price goes down, thus the bitcoin all coins come into down. I dunno, I also do not understand. But in my opinion this kind of condition if left to continue to be so not good.
Bitcoin will dominate in the future. Whereas Altcoins will in turn increase in price, and then fall.
I believe in bitcoin and EOS
I believe in bitcoin and EOS
With every new token circulating in the market, they should add up some value and have their own share of total dominance by price.
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
But for some years, we are having an increasing number of new coins and tokens being traded but still bitcoin is increasing it's dominance.
According to coinmarketcap, bitcoin now holds a 42% dominance. i.e. the 42% of total capitalization of cryptocurrencies is that of bitcoin.
How is it possible? Are altcoins failing?
Bitcoin had been on the top since thw beginning and it will remain there as long as people get money from it. It is convenient for people to transfer funds using bitcoin. And also, since there have been a lot of new altcoins there will be more to choose from, which will make other altcoins to gain dominance on the market.
Bitcoin is the first digital crypto currency in the world. From the beginning they maintain their performance that’s why it is such popular among the people. In near future it will more popular among the people because many countries are starting to accept bitcoin.
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