Topic: The dethroned king... BTC nice to see people realize it was overhyped (Read 727 times)
January 08, 2018, 03:28:22 AM
Markets follow always wave movements. I'm pretty sure, that we see in the next weeks or days a new bitcoin rallye and an increasing btc dominance to 60%.
January 08, 2018, 01:49:24 AM
Btc has been losing dominance from almost reaching 70% to 50% right now.i am really feeling great after realizing that people is not so stupid to keep on buying btc at insane prices... it was eat to overpriced.
Is the pioneer, but i think there are better altcoins.
Also btc fees are stupidly high.
Hope it get replaced for another better altcoin some day.
Bye btc
Is the pioneer, but i think there are better altcoins.
Also btc fees are stupidly high.
Hope it get replaced for another better altcoin some day.
Bye btc
I think you have your point; however, I also think that you are underestimating bitcoin by saying that it's now dethroned. I think it is still the strongest, most reliable, most powerful, most marketable, and basically, the best cryptocurrency arround. Even if you would claim that it's not the best now, by just checking and comparing its price with other cryptocurrencies around, you would say that it's still king. Also, I think you're mistaking its current stability and non-changing price with weakness, which is certainly not the case, because even bitcoin experiences price halts and even slumps sometimes. It's just normal market movements.
January 08, 2018, 01:45:52 AM
Btc has been losing dominance from almost reaching 70% to 50% right now.i am really feeling great after realizing that people is not so stupid to keep on buying btc at insane prices... it was eat to overpriced.
Is the pioneer, but i think there are better altcoins.
Also btc fees are stupidly high.
Hope it get replaced for another better altcoin some day.
Bye btc
Is the pioneer, but i think there are better altcoins.
Also btc fees are stupidly high.
Hope it get replaced for another better altcoin some day.
Bye btc
Emjoy the feeling pal but I don't think you know this works. In the past years, bitcoin often fall and loose dominance but it still go up after some time and stabilizes in a higher price.
January 07, 2018, 07:05:32 PM
Yes, it's overhyped but now shitcoins are being overhyped as well.Crazy market.
agree.. thousand of shitcoins overhyped.. 95% of them deserve and will die soon... but there are a lot of them much more useful than BTC.
January 07, 2018, 05:48:26 PM
I don't thing that Bitcoin is overhyped. It's the only really recognizable coin with stock future contracts.
But you are comparing Bitcoin /ONE project/ to other 1400+. It's normal those 1400+ to be more stronger. And yes, the fees are stupidly high.
But you are comparing Bitcoin /ONE project/ to other 1400+. It's normal those 1400+ to be more stronger. And yes, the fees are stupidly high.
January 07, 2018, 05:45:35 PM
Yes, it's overhyped but now shitcoins are being overhyped as well.Crazy market.
January 07, 2018, 04:50:48 PM
A single coin have a dominant of about 50% has been dethroned to you but I can tell you that bitcoin has not been dethroned as a little set back should not been seeing as a dethronment. Bitcoin has remained the gold standard for others cryptocurrency and we have to accept this reality. Ethereum, ripple and bitcoin Cash has both tried to dethroned bitcoin but there could not.
from 69% dominance to 33% is not a little set back. You probable are of them who own a big % of BTC in portfolio. but i still want to hear something more than just an opinion.. i ask about facts! "why do you think BTC is so great? what can do BTC that other altcoins can do? i know better options for money transfer.. faster and with less fees.. so , what is the advantage of BTC that might me a challenge for the rest of altcoins? please tell me"
one day BTC will be just another altcoin, with a fair value according to its functionality.. and you can bet, this is much much less than 17000$.
January 07, 2018, 04:20:04 PM
A single coin have a dominant of about 50% has been dethroned to you but I can tell you that bitcoin has not been dethroned as a little set back should not been seeing as a dethronment. Bitcoin has remained the gold standard for others cryptocurrency and we have to accept this reality. Ethereum, ripple and bitcoin Cash has both tried to dethroned bitcoin but there could not.
January 07, 2018, 04:18:17 PM
I read somewhere on this thread that btc dominance was like 1vs 1000 altcoins....
Times changes.. btc marketcap is 275B. Ripple is 130B ethereum 100B and bch is 50B .
Bch + eth + xrp >bitcoin.
Btc is down to 32% and it only takes 3altcoins to overtake bitcoin.
next step will be ttwo coins vs btc.
And then btc lose its first place.
Times changes.. btc marketcap is 275B. Ripple is 130B ethereum 100B and bch is 50B .
Bch + eth + xrp >bitcoin.
Btc is down to 32% and it only takes 3altcoins to overtake bitcoin.
next step will be ttwo coins vs btc.
And then btc lose its first place.
January 07, 2018, 03:37:21 PM
Who would have said in summer 2017 that Binance would replace BIttrex or Poloniex in volume? I did it!
and now, regarding BTC, i think it is still too high the price.. it should go lower IMHO... and one day BTC will be replaced from the TOP1...
remember some time ago when a drop of 5% of BTC was a nightmare for the rest of the market because of it high dominance? at least right now is not so hard... half of the alts are still in green although BTC drops.. i thinks this is a more fair situation!
people that still think BTC is KIng, and will pump to 10000000000000trillon dollars, maybe just have too much BTC in their portfolio. so here is the quetion for them.. why do you think BTC is so great? what can do BTC that other altcoins can do? i know better options for money transfer.. faster and with less fees.. so , what is the advantage of BTC that might me a challenge for the rest of altcoins? please tell me
and now, regarding BTC, i think it is still too high the price.. it should go lower IMHO... and one day BTC will be replaced from the TOP1...
remember some time ago when a drop of 5% of BTC was a nightmare for the rest of the market because of it high dominance? at least right now is not so hard... half of the alts are still in green although BTC drops.. i thinks this is a more fair situation!
people that still think BTC is KIng, and will pump to 10000000000000trillon dollars, maybe just have too much BTC in their portfolio. so here is the quetion for them.. why do you think BTC is so great? what can do BTC that other altcoins can do? i know better options for money transfer.. faster and with less fees.. so , what is the advantage of BTC that might me a challenge for the rest of altcoins? please tell me
January 04, 2018, 01:40:01 PM
There's been a huge altcoin pump the past few weeks. Next Bitcoin pump will probably be coming in the next few weeks. People will be taking altcoin profits back into Bitcoin as it breaks new ATHs. Expect BTC market share over the next couple of months to go from 1/3rd back close to 50% as the next bull market starts. People aren't just gonna stay in altcoins forever.
By April I'd expect crypto to be over $1 trillion with Bitcoin at $400-500 billion.
By April I'd expect crypto to be over $1 trillion with Bitcoin at $400-500 billion.
January 03, 2018, 04:48:52 PM
dominance dropped form 70% to 50% when i opened this thread.. now 35%.. nice to see people is waking up and realizing BTC was good, but not deserve that much of the cryptocake..
December 30, 2017, 07:03:25 AM
It's just a matter of time before bitcoin jumps again. Some alts may rise from the ashes in the mean time - hopefully not ripple as it would set an example for other centralised alts to appear. Ethereum and NEO are good ones
I think many altcoins is rise from 2 days ago and now, I see every altcoin reach the high price again although it is just beginning but at least some of us can recover their money and even make a good profit. ripple will increase more than now and so ethereum and neo will have their high price too like the other coins. so I think we can start to watch the exchange or use the alarm if the price increases then we will know the right time to sell.
December 30, 2017, 05:56:21 AM
This is all happening because of the unconfirmed transaction problem BTC is experiencing, due to the over saturation of the blockchain.
Because of this, investors are diversifying more to other markets.
As soon as the BTC devs fix this problem, like with Lightning Network for example. It will be business as usual.
When this problem gets fixed expect a huge increase in price. This will be one (if not biggest) updates ever in the history of Bitcoin.
So stock up now while it's 'on sale'.
Because of this, investors are diversifying more to other markets.
As soon as the BTC devs fix this problem, like with Lightning Network for example. It will be business as usual.
When this problem gets fixed expect a huge increase in price. This will be one (if not biggest) updates ever in the history of Bitcoin.
So stock up now while it's 'on sale'.
December 30, 2017, 05:50:13 AM
It needs to get fixed, high transaction fees and slow transactions make people leave bitcoin.
December 30, 2017, 05:37:15 AM
It's just a matter of time before bitcoin jumps again. Some alts may rise from the ashes in the mean time - hopefully not ripple as it would set an example for other centralised alts to appear. Ethereum and NEO are good ones
December 30, 2017, 05:20:35 AM
I still don't understand how people see bitcoin dying when its getting all the publicity.
Peopple holding ripple have different agenda than bitcoin. I will come and see when next ripple dump happens.
Peopple holding ripple have different agenda than bitcoin. I will come and see when next ripple dump happens.
December 30, 2017, 04:51:22 AM
Fun Fact is XRP only need to jump 2x to 4x from $2 to $5 to overthrown the Bitcoin Marketcap
December 30, 2017, 04:10:34 AM
You never fail the deliver the most cringe speculation threads ChiNgadOr
I can say whatever i want, meanwhile i am respectful. Dont blame me for that. I must thank BTC, because without it, nothing of this cryptoworld wouldnt have been possible. Buf i was upset of its crazy dominance and how it have been driving the rest of the market.. when BTC was on bull run (hardforks) alts felt .. whe BTC was bearish alts felt. I think just BTC is not so allmighty and shouldn't have that inffluence over the rest. Also there are a lot of usefull altcoins (while 95% of the rest are simply trash). And BTCs fees were unaceptable high.. so that make me think so much about the unfair distribution of the market..
By the way.. i hope all money from BTC doesnt go to XRP.. this would be as return back to the past. Banks+goverment control
December 29, 2017, 10:46:42 PM
You never fail the deliver the most cringe speculation threads ChiNgadOr
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