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Topic: Very stable BTC dominance - page 3. (Read 1620 times)

hero member
Activity: 1820
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January 09, 2019, 12:06:26 PM
Actually the dominance is not a good or bad sign for the crypto prices to be increased but it can shows that people were trusting bitcoin more than thousands of other crypto currencies available and it also can makes us to realize it can survive lot of  hard days which is not like other shit coins.
member
Activity: 546
Merit: 32
January 09, 2019, 09:47:50 AM
I think it is currently stable as of now because we dont know what will happens next. All cryptocurrencies experiences fluctuation because of people are more into trading thats why prices drops. Lets wait if bitcoin will recover or have another bull run this year.
you are very right at this time and in conditions like this, faith and patience are the most important capital in investment and we must be smart in utilizing every opportunity we will get


The stability will be very low when comparing to the previous chat but it is not a standard thing we all know cryptocurrency will not stay in one place this will be there chance to make money so it is good but the value reduce things will be some tensions for lots of investors if it is come to normal then all problem will clear
sr. member
Activity: 854
Merit: 251
January 09, 2019, 08:58:02 AM
I think it is currently stable as of now because we dont know what will happens next. All cryptocurrencies experiences fluctuation because of people are more into trading thats why prices drops. Lets wait if bitcoin will recover or have another bull run this year.
you are very right at this time and in conditions like this, faith and patience are the most important capital in investment and we must be smart in utilizing every opportunity we will get
legendary
Activity: 1330
Merit: 1019
January 09, 2019, 05:32:53 AM
Since the dump from 6500$ (and actually since sept.) btc dominance has been very stable, around 53%.
However it appears previous bear market phases always had an impact on the indicator.

How do you explains this at all?

/edit: details
Since september Bitcoin went from $6500 to $5500
Then 5500 to 4200
Then 4200 to 3700
Then 3700 to 4300
Then 4300 to 3300

BTC and the whole cryptomarket are falling absolutely proportionately. It remains at 53%
Previously it wasn't the case. Dec 13 it fell from 96% to 87%. Strong movements in the markets pretty much always translated in a different dominance afterwards.

Note that the absolute value of btc dominance (53%), high/low, is not my point at all.
Also speculations on BTC aren't the point, it's only about understanding the current stability of btc dominance, if it has any meaning.
Bitcoin is volatile, are you not aware of that? You only talk about how far it has gotten down, do you also talk about how far it was able to go from the bottom (from a low price to $19,500)before the price started to decline. I was even thinking it would go below the $3000 mark, but luckily it didn’t. There is no need to complain about it, just stay calm and see what follows next, this year is probably going to be a better year.
full member
Activity: 476
Merit: 100
January 08, 2019, 10:19:14 AM
The data itself is very short and it maybe a coincidence that these percentage are again a fluke. But if it is true then it woukd be suspicious that the growth or decrease and lack thereof is loke clockwork.
sr. member
Activity: 2156
Merit: 323
January 08, 2019, 10:10:29 AM
be too early for speculation, I hope that after the holiday season, bitcoin will recover, I do not think it's a lot but at least 30% of this year's fall
I think holiday season doesn't play a big role for bitcoin. But it actually showed a little raise after Xmass. I doubt this year is going to be good for bitcoin. I do not talk about a phenomenal raise, I just wish to not see any lower number on the exchanger.
It's very clear In order to continue upward, we need a very strong support level to hold. Been keeping track of volume, the last few months we've lost big volume. This will just be a pump and dump until after Xmas. This is what causes a bear market, but I wish we all a prosperous 2019.
full member
Activity: 658
Merit: 152
January 08, 2019, 09:53:00 AM
be too early for speculation, I hope that after the holiday season, bitcoin will recover, I do not think it's a lot but at least 30% of this year's fall
I think holiday season doesn't play a big role for bitcoin. But it actually showed a little raise after Xmass. I doubt this year is going to be good for bitcoin. I do not talk about a phenomenal raise, I just wish to not see any lower number on the exchanger.
full member
Activity: 816
Merit: 133
January 08, 2019, 09:46:16 AM
Yes, at the moment the price of Bitcoin is very stable if we look after a sharp decline from $ 6400 to $ 3500, and now prices look positive to go back up, hopefully there will be no decline this year, only increases and increases.

Then you should wake up. It's impossible that no reds will be recorded. Remember, that how unstable this world is. Bitcoin's volatility is still present and will never leave. Though, everyone aims for that and being optimistic could really help to stay positive, but given the scenarios, events and etc. let's be more realistic.
member
Activity: 336
Merit: 10
January 08, 2019, 05:38:21 AM
Its true that bitcoin dominance cryptomarket more than 50% and i think its because most altcoin drop the price more than 90%. Like ethereum, after the price reach highest at $1400, the price drop below $100 and ethereum dominance drop below 15%.
If this continue, i think its not good for altcoin growth because the project can not working well
Yes, at the moment the price of Bitcoin is very stable if we look after a sharp decline from $ 6400 to $ 3500, and now prices look positive to go back up, hopefully there will be no decline this year, only increases and increases.
member
Activity: 756
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January 08, 2019, 04:44:49 AM
Its true that bitcoin dominance cryptomarket more than 50% and i think its because most altcoin drop the price more than 90%. Like ethereum, after the price reach highest at $1400, the price drop below $100 and ethereum dominance drop below 15%.
If this continue, i think its not good for altcoin growth because the project can not working well
full member
Activity: 734
Merit: 109
January 08, 2019, 12:59:54 AM
I think, if I consider, what I see on the https://coinmarketcap.com/charts/#dominance-percentage, the "Others" "price index" only on coinmarketcap.com, what producing
a stable growth since many years... All other "price index" loosing in the same time interval, BTC, ETH, XRP, IOTA, ... also... Interesting.

We should concentrate to new visions on the market maybe? i.e.:



(( the Thread wasn't disturbed through Trolls - for a while sure.
   You can read the whole history up to this post (Why we need Charm, How will Vortexledger work without a "general" thing...) undisturbed, I checked:
   Please read it - up to the post above. It contains important informations - I think. ))

What we targeted?

 - through a P2P Network (Network of "Cells") backed crypto - Charm. 100 Charm = 1 Kiss ... Kiss ("Csók" vagy "puszi" in hungarian language) is a "natural" physically form of our asset Smiley We accepts it Cheesy already.
 - support of clear barter, a ledger (Vortexledger) without "general" equvalent - an economy - without moneysystem Cheesy 
      ((A 'No' Money with a 'No' DB for our 'No' Republica ... For 'No' Nuclear - of course. To reserve our Gaia for our children. More can you read through links in the third post.)).
 - Charm will be a "multi"-ledger asset.
 - Dorothyum - a "multi"-ledger DApp - an auctionshaus for everything.
 - The DApp's on our economy will produce a revenue in Charm (or in tokenized things (i.e. oil, water, working power, ...) later). We will share this revenue
      - to the owners of Charm,
      - to the Custodian's in Cell's, (( a woman can take i.e. a colored stone or diamond ring from a man, and she can earn with it! The man also! Smiley ))
      - to Owner's in Cell's, and
      - to some Funds, acting for Gaia.
      - maybe for support and development with some Kisses Smiley also ...
 - As first, we choiched Byteball Ledger because
      - it is GREEN!!! No wasting of computing power!!!!!!
      - the new form of the Ledger (it based on DAG!!!),
      - the new form of smart contracts (more better as solidity...),
      - and the possibility for chat bot's
 ...

What is workig already?

 - Charm already listed on the Byteball Ledger's Exchange bot!!! You can buy it freely.
 - We backs Charm already through an Emerald. We "tonenize" this Emerald at this time - later we tokenize everything, what will be offered and accepted...
 - our testserver - yum (Amsterdam) already running
 - our first servers - thyum (Amsterdam), dorothy (Sydney) and toto (Toronto) running also

The development plan, planned architecture, about milestones...: https://bitcointalksearch.org/topic/m.39128463
This post at this time the second post - in second post we trying to show some very important post.
A history about the second post's you can find on the third post with the resources, and with some other important information...
sr. member
Activity: 2618
Merit: 439
January 07, 2019, 07:44:18 PM
I think bitcoin dominance remain at 53% because many altcoin in market. Investor right now not just investing their money only in bitcoin. Beside that, many investor converting their altcoin to bitcoin. I think bitcoin dominance should be below 50% because if remain above 50%, its hard for altcoin to grow and cryptomarket too much depending on bitcoin movement
No question on how Bitcoin still doing great in front of crypto crisis.  Many coins were dump drastically but Btc could manage to maintain on its place. Ripple will tried to pump up but isn't strong enough to catch btc on top.  This it means that still Btc is the most favorable pick among investors.
We all know that there's no coin out there that can challenge bitcoin's dominance, not even XRP. Surely its a coins for the bankers so it doesn't make sense at all for the coin to take over because of 'centralization'. However, people will say that dominance is not a good indicator, last 2017 bitcoin didn't even touch 50% at most months but the price keeps going up.
hero member
Activity: 2828
Merit: 518
December 29, 2018, 09:30:25 AM
I think bitcoin dominance remain at 53% because many altcoin in market. Investor right now not just investing their money only in bitcoin. Beside that, many investor converting their altcoin to bitcoin. I think bitcoin dominance should be below 50% because if remain above 50%, its hard for altcoin to grow and cryptomarket too much depending on bitcoin movement
No question on how Bitcoin still doing great in front of crypto crisis.  Many coins were dump drastically but Btc could manage to maintain on its place. Ripple will tried to pump up but isn't strong enough to catch btc on top.  This it means that still Btc is the most favorable pick among investors.
member
Activity: 322
Merit: 11
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December 29, 2018, 07:43:54 AM
#99
I think bitcoin dominance remain at 53% because many altcoin in market. Investor right now not just investing their money only in bitcoin. Beside that, many investor converting their altcoin to bitcoin. I think bitcoin dominance should be below 50% because if remain above 50%, its hard for altcoin to grow and cryptomarket too much depending on bitcoin movement
The increase of dominance of bitcoin is bad for the overall market, that means people are selling their alts and buying btc, but it's only a one way success. Just recently, the dominance has dropped a bit when there's a little pump, but when it dump again, the dominant easily increase.
Still, at above 50% dominance rate, I think the market is scary.

Its been many years now and yet bitcoin is still regaining dominance of the market , we can not deny for this because bitcoin is the top coin of the crypto market , and it is made as referrence of all the altcoin in the crypto market ,I think bitcoin will remain dominance for a long period of time until such time the ,other altcoin will rise and take over bitcoin.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
December 29, 2018, 05:09:01 AM
#98
I think bitcoin dominance remain at 53% because many altcoin in market. Investor right now not just investing their money only in bitcoin. Beside that, many investor converting their altcoin to bitcoin. I think bitcoin dominance should be below 50% because if remain above 50%, its hard for altcoin to grow and cryptomarket too much depending on bitcoin movement
The increase of dominance of bitcoin is bad for the overall market, that means people are selling their alts and buying btc, but it's only a one way success. Just recently, the dominance has dropped a bit when there's a little pump, but when it dump again, the dominant easily increase.
Still, at above 50% dominance rate, I think the market is scary.
hero member
Activity: 1694
Merit: 502
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December 29, 2018, 02:54:54 AM
#97
Since the dump from 6500$ (and actually since sept.) btc dominance has been very stable, around 53%.
However it appears previous bear market phases always had an impact on the indicator.

How do you explains this at all?

/edit: details
Since september Bitcoin went from $6500 to $5500
Then 5500 to 4200
Then 4200 to 3700
Then 3700 to 4300
Then 4300 to 3300

BTC and the whole cryptomarket are falling absolutely proportionately. It remains at 53%
Previously it wasn't the case. Dec 13 it fell from 96% to 87%. Strong movements in the markets pretty much always translated in a different dominance afterwards.

Note that the absolute value of btc dominance (53%), high/low, is not my point at all.
Also speculations on BTC aren't the point, it's only about understanding the current stability of btc dominance, if it has any meaning.

When times comes right and people will realize that bull run is coming again, then a lot of investors will eventually come and it will make the BTC dominance spike up again.
Last year when bitcoin price had ath bitcoin dominance was at 33%, or somewhere around that. I was confused about that, later when I started to read about what can affect bitcoin dominance on market I understood that its one big manipulation. Main source of this informations about dominance comes from coinmarketcap, but they manipulated with numbers and they were caught doing that.
Here is one good article about it https://cryptoguidepro.com/bitcoin-btc-dominance-index-meaning/ you can learn about bitcoin dominance and about bitcoin dominance in relation to the cryptocurrency market as a whole. I wish you good reading friends, learn more, know more, and nobody can`t lie you after that.
sr. member
Activity: 1428
Merit: 251
December 29, 2018, 02:21:29 AM
#96
I think bitcoin dominance remain at 53% because many altcoin in market. Investor right now not just investing their money only in bitcoin. Beside that, many investor converting their altcoin to bitcoin. I think bitcoin dominance should be below 50% because if remain above 50%, its hard for altcoin to grow and cryptomarket too much depending on bitcoin movement
member
Activity: 616
Merit: 12
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December 28, 2018, 06:55:51 PM
#95
If developing countries happen to get a regulation of the cryptocurrencies(they have to) then this will lead to second phase bull market . I suggest people to stay along with crypto as it is unstoppable . Be it legal or illegal, people will use it . Actually , the countries making it illegal are stupid as people would use it irrespective of the legal involvement . After every bear, there is a bull waiting .

I do not mean to scare the scare, but I think a lot of news about a country that has been regulating crypto and the results, this still only gives crypto price stability, absolutely not able to make the bull phase run back like it used to. Maybe this is the old way and we always need a new method to make another bull run phase
member
Activity: 462
Merit: 11
December 28, 2018, 06:24:36 PM
#94
to this day the value of BTC has reached $ 3900 up 7% from yesterday and this is still stable and profitable in trading, but if you make a long-term investment this is not the best value bitcoin and altcoin gives for your investment, just need to be patient and wait come for the profit you want
full member
Activity: 504
Merit: 102
December 23, 2018, 05:53:31 PM
#93
Since the dump from 6500$ (and actually since sept.) btc dominance has been very stable, around 53%.
However it appears previous bear market phases always had an impact on the indicator.

How do you explains this at all?

/edit: details
Since september Bitcoin went from $6500 to $5500
Then 5500 to 4200
Then 4200 to 3700
Then 3700 to 4300
Then 4300 to 3300

BTC and the whole cryptomarket are falling absolutely proportionately. It remains at 53%
Previously it wasn't the case. Dec 13 it fell from 96% to 87%. Strong movements in the markets pretty much always translated in a different dominance afterwards.

Note that the absolute value of btc dominance (53%), high/low, is not my point at all.
Also speculations on BTC aren't the point, it's only about understanding the current stability of btc dominance, if it has any meaning.

When times comes right and people will realize that bull run is coming again, then a lot of investors will eventually come and it will make the BTC dominance spike up again.
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