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Topic: Is Bitcoin loosing its share (Read 303 times)

sr. member
Activity: 476
Merit: 256
February 24, 2018, 02:35:17 AM
#32
Yup BTC lost its value 40% after top height of $19783 on mid Dec-17.BTC entered into 2018 with much fluctuations due to some unwanted news like regulations rules,ban,ban on social media for BTC ads,but green signals are coming from different countries like Japan,Russia,Norway,Turkey to use BTC officially,after these its price is increasing and it may cross again $20k by end of 2018.

Scalability issue will also be overcome by the implementation of Lighting Network and Segwit,then more transactions will be possible in one second with lower fees,which will enable BTC to gain its lost value and will certainly BTC price will boost.
full member
Activity: 2142
Merit: 183
February 24, 2018, 02:14:04 AM
#31
Simultaneously with the overall share of capitalization, bitcoin lost some of its popularity at the same time because of its long non-eliminating shortcomings. Everything will depend on whether bitcoin can eliminate them, or not. Bitcoin will definitely grow in value and capitalization will increase. However, in my opinion, this is not the most important thing. The main thing is that bitcoin does not lose its popularity.
jr. member
Activity: 103
Merit: 1
February 24, 2018, 01:15:25 AM
#30
Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%
I dont think stating that it is already the end is too much, You can just think of it that people has taken profit last december. Those who bought at 5K USD probably shared their shares at the all time high of bitcoin. So stating that it is already the end this 2018 is too much. This price dip would just allow bitcoins price to grow more.
newbie
Activity: 238
Merit: 0
February 23, 2018, 08:28:13 AM
#29
I think Bitcoin is still at its own pace. There will be an uppermost position in it, controlling all the positions in its own right and keeping it in its position. If Bitcoin lost its market, people still do not think about it.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
February 13, 2018, 09:50:30 AM
#28
Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%

Great topic! Its 34.8% now, but it's going up and down couple percents in last couple months. I don't agree with most comments in this thread, bitcoin dominance will continue to go down cause two many new coins and tokens are coming out. Platforms like ethereum, waves and neo are not at maximum usage, this year more icos will come out ans each of them will take a little a bit od bitcoin domination. That will not happen until the end of this year, maybe couple more years will pass but I think definitely domination of bitcoin will go down and under 30% first and later even under 20%. I am even ready to put some bets on that, under 30% in next 3 years for sure.
full member
Activity: 476
Merit: 101
www.daxico.com
February 13, 2018, 09:42:32 AM
#27
I think it just decrease a bit because of the crisis recently but if we look at its stat, bitcoin is recovering in all of its attributes including its dominance. No question about its share because when bitcoin is down, almost all cryptos are also down.
member
Activity: 127
Merit: 10
February 13, 2018, 09:15:44 AM
#26
Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%
I think the problem here is just because investors are losing trust on Bitcoin cause of some stupid news from Goldman sachs and a scandal of money laundrying. So i think at the end of 2018 , everything would be cool again.
member
Activity: 378
Merit: 10
February 13, 2018, 09:04:04 AM
#25
In percentage terms it can be said that it loses its share.
Yet Bitcoin remains a major investment target.
And even by the end of the year will still be the market leader.
Yes bitcoin has been shared, now many other altcoins are born. Take up the bitcoin market share. Bitcoin is not the only virtual currency in the world. In the future, bitcoin must grow stronger to compete with other virtual currencies. If bitcoin does not develop, other virtual currencies will grow and gain more market share.
legendary
Activity: 1932
Merit: 1273
January 24, 2018, 05:08:34 AM
#24
It's called a correction. Bitcoin price surges rose up so fast and so does the cryptocurrencies market cap, it has to come down sometime because it's just the nature of it. The whale and investor taking profit are expected when Bitcoin price is rising. I believe when the majority of people adopting Segwit and the lightning network being implemented The Bitcoin will gain momentum again.
newbie
Activity: 28
Merit: 0
January 24, 2018, 05:03:44 AM
#23
Hi!
@ Urgent news.



tomorrow 25-01 is an important day for btc. btc will rise hard with min 12.5 +.


This information comes from a reliable source.
there is information that krw and jpy will pumping hard

I hope that everyone will invest and take good profits.

Keep an eye on it!

Good  luck!
full member
Activity: 360
Merit: 100
January 24, 2018, 05:02:26 AM
#22
In percentage terms it can be said that it loses its share.
Yet Bitcoin remains a major investment target.
And even by the end of the year will still be the market leader.
full member
Activity: 364
Merit: 107
January 24, 2018, 03:18:40 AM
#21
That is normal as more and more coins are being created and being successful. That is really great for the market as we are presented with more option to invest on.
newbie
Activity: 378
Merit: 0
January 24, 2018, 02:57:19 AM
#20
Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%
I think bitcoin share will not be less than 20% at the end of 2018, even it will be more and more. We can see in the discussion of bitcoin system, many people still share about bitcoin although now it provide little than altcoin that's got by us. However, bitcoin is still higher as digital asset.
full member
Activity: 504
Merit: 100
January 24, 2018, 02:41:29 AM
#19
I rate for 2018 bitcoin will again repeat its success and will triumph as last year could even more, all we need is just be patient to wait for it to happen, I think so.
full member
Activity: 252
Merit: 101
January 24, 2018, 02:30:37 AM
#18
Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%

It's because lots of altcoins has a great potential and people wanted to gain from them as well, but sooner or later, when they gain a lot they will come back to Bitcoin. Because, Bitcoin the fiat of the cryptocurrency.
jr. member
Activity: 35
Merit: 1
January 24, 2018, 02:12:01 AM
#17
I think that now more and more people are investing in alt coins and and Bitcoins is thus suffering.
newbie
Activity: 26
Merit: 0
January 24, 2018, 01:37:01 AM
#16
I think so. It's only a matter of time before ETH overtakes BTC marketcap. Purely due to its supirior product. Don't get me wrong, I am an investor of both, but BTC is too slow and too expensive. And also, with the up coming Casper update, ETH can moon. I am hoping Bitcoin will do something about this. They take way too long and no announcements are being made. Time to move on with the lighting network.
sr. member
Activity: 560
Merit: 260
January 24, 2018, 01:09:14 AM
#15
It's normal for a first mover to lose marketshare without much additional innovation.   
member
Activity: 176
Merit: 10
January 24, 2018, 12:56:32 AM
#14
Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%
I think its a natural event because investors  are realizing that they can have more profit if they invest in altcoin rather than bitcoin itself. But I dont think that the share of bitcoin will reduced to 20% since it is still the top cryptocutrency in terms of fame.
newbie
Activity: 4
Merit: 0
January 24, 2018, 12:51:25 AM
#13
Bitcoin which once shared more than 90% of total crypto volume is now reduced less than 40%...
What do you think at the end of 2018... Will it reduce its share to less than 20%

The number of crypto currencies grew up in recent years, so the bitcoin share is reduced, but it does not mean that it loses its value.

True bitcoin will not die as claimed by some people...But I think with stiff competition bitcoin need to upgrade itself and be in the race...If not I think bitcoin may loose its No.1 position
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