What do you suppose will happen when BTC loses it's dominance? - page 4.

chillitabit

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Quote from: Nhor1011 on July 11, 2018, 06:24:38 PM

Quote from: mc.craigsvictor on January 28, 2018, 01:35:19 PM

Every week BTC seems to lose it's market dominance. Currently it sits at 34.4 percent but what happens when it becomes 5 percent or less? Thoughts?

In my opinion there is nothing will change if ever bitcoin lose it's market dominance but it is impossible to happen. Yes,a lot of altcoins in the market that has a potential to grow but if you compare it to bitcoin it is too far from bitcoin that's why i believe bitcoin will still dominant over other coins in the market.

that is only for now. Bitcoin might become more dominant but might also decrease to only few % market in long run, at least that is my opinion. We can never be sure what happens

Ellerose213

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This will happen because AML BitCoin is quickly taking over and crashing all the other cryptos. AML BitCoin´s transaction system employs patented multi-factor authentication for every AML BitCoin transaction.

nick_nick

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Quote from: mc.craigsvictor on January 28, 2018, 01:35:19 PM

Every week BTC seems to lose it's market dominance. Currently it sits at 34.4 percent but what happens when it becomes 5 percent or less? Thoughts?

It would take a very long time for bitcoin to lose it dominance to such a percentage; it seems impossible. However, if it does there wouldn't be much changes except the fact that some altcoins would experience high growth compared to that of bitcoins

Lovecrafter

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It's good, there are a lot of other coins. There are competitors-the competition moves the market forward

BlasterS

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Once the bitcoins losses it dominance I will make a alternative plans which can save all my money in severe losses that may raise,
through this I can easily solve all problems that may occur in future.

Nhor1011

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Daxetoken.net

Quote from: mc.craigsvictor on January 28, 2018, 01:35:19 PM

Every week BTC seems to lose it's market dominance. Currently it sits at 34.4 percent but what happens when it becomes 5 percent or less? Thoughts?

In my opinion there is nothing will change if ever bitcoin lose it's market dominance but it is impossible to happen. Yes,a lot of altcoins in the market that has a potential to grow but if you compare it to bitcoin it is too far from bitcoin that's why i believe bitcoin will still dominant over other coins in the market.

batang_bitcoin

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Quote from: zolfa on July 11, 2018, 11:38:19 AM

what makes you sure that bitcoin will always have a chance to pump again and uptrend?

Last year it was only $1,000 at the very beginning of 2017 and now compare to that state, we are $6,000+.

Quote from: zolfa on July 11, 2018, 11:38:19 AM

what analysis techniques do you use, so you are sure that bitcoin will reach 20K again?

I don't have analysis technique and I'm not really good at it. As I've said, I'm bullish and optimistic no matter what others are talking negatively.

Yes! IMO, I'm sure that it will be back to $20,000 again.

Quote from: zolfa on July 11, 2018, 11:38:19 AM

you never heard negative words about bitcoin from others, what if they were right?

I've heard it before and even until now.

Bitcoin has been said to be dead for years and called as a bubble many times and look where bitcoin is right now.

zolfa

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Quote from: batang_bitcoin on July 11, 2018, 11:05:01 AM

Quote from: karmamiu on July 10, 2018, 09:35:21 PM

At least it is stable unlike before right? Although it is actually unpredictable, there is a slight chance also that it will steadily drop, but the chances of skyrocketting is also high so it makes it almost 70 percent that it will recover. Let us just watch and see it, and prepare ourselves to it.

I don't have an exact percentage for the chance of its recovery, what I believe is it will recover very soon.

I'm still positive and bullish to bitcoin no matter what others are talking about its dominance, its drop and whatever negative news you have been reading online.

Bitcoin is here to stay so no matter what's the dominance percentage, I won't let myself affected by negative words.

a good statement, and optimistic is the essence of your topic.

what makes you sure that bitcoin will always have a chance to pump again and uptrend?

what analysis techniques do you use, so you are sure that bitcoin will reach 20K again?

you never heard negative words about bitcoin from others, what if they were right?

batang_bitcoin

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Quote from: karmamiu on July 10, 2018, 09:35:21 PM

At least it is stable unlike before right? Although it is actually unpredictable, there is a slight chance also that it will steadily drop, but the chances of skyrocketting is also high so it makes it almost 70 percent that it will recover. Let us just watch and see it, and prepare ourselves to it.

I don't have an exact percentage for the chance of its recovery, what I believe is it will recover very soon.

I'm still positive and bullish to bitcoin no matter what others are talking about its dominance, its drop and whatever negative news you have been reading online.

Bitcoin is here to stay so no matter what's the dominance percentage, I won't let myself affected by negative words.

karmamiu

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Quote from: batang_bitcoin on July 10, 2018, 03:51:49 AM

Dominance of bitcoin was quite higher today than before, it was stable to 40%.

Quote from: mudasarali43 on July 10, 2018, 02:50:24 AM

Bitcoin is losing their price from last more than 6 months and thought of traders are still in the recovery of bitcoin but the price is still not recovering there is a lot of time is required to grow the price and provide profitable market again.

You better chill out and watch the market until the market becomes stable again and reaches it's ceiling. The price went to the bottom of $5,800 and aren't you happy enough that it went up again quickly?
Last April there's a quick pump for just an hour, it's no joke.

At least it is stable unlike before right? Although it is actually unpredictable, there is a slight chance also that it will steadily drop, but the chances of skyrocketting is also high so it makes it almost 70 percent that it will recover. Let us just watch and see it, and prepare ourselves to it.

appleyard

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Quote from: mc.craigsvictor on January 28, 2018, 01:35:19 PM

Every week BTC seems to lose it's market dominance. Currently it sits at 34.4 percent but what happens when it becomes 5 percent or less? Thoughts?

Its already happening there are so many coins in his back that has a potential to replace bitcoin position, this coins lot more faster and has cheaper fees. But you cant deny the fact that it will take couple of yeard or more to happen because lots of platform like exchanger are relying on bitcoin value.

waynechong1995

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swing!

Increased volatility, the landscape would be much more different as market had to adjust lots of pairs with btc and big organized whales would look for another potential bitcoin which also will affect coins associated with them.,

lolland

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if btc goes as low at 5% then another crypto will be the king, But I don't think that will happens right now.

iotarocket

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I think people tend to panic when the percentage of market capitalization dominance drops, but usually it goes back up. As the market matures bitcoin will take up less of the market, but it's a bit early to count bitcoin out as the leading coin. I suspect dislodging bitcoin will be harder than many think.

IndigoRed

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If bitcoin loses its dominance, it wouldn’t be because of its inferior technology. There are other coins that transact and scale better, but can’t compete with Bitcoin’s brand. But I’d like to know, should our priority really be bitcoin, or having future that is made more efficient, productive and digital courtesy of blockchain and an actual virtual currency we could use?

insculpt

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Loonie Network - For Bounty hunters & Freelancers

I don't bitcoin will lose dominance any time soon (at least not to such low levels).

julzcoinbit

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Quote from: mc.craigsvictor on January 28, 2018, 01:35:19 PM

Every week BTC seems to lose it's market dominance. Currently it sits at 34.4 percent but what happens when it becomes 5 percent or less? Thoughts?

Maybe many people will get admire to Invest while where as they were wait for the lowest price limit of btc because they all knew that, It will recover soon. Once their are more business company or such a country will get Involve on bitcoin Investment through used It as their alternatives coin.

batang_bitcoin

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Dominance of bitcoin was quite higher today than before, it was stable to 40%.

Quote from: mudasarali43 on July 10, 2018, 02:50:24 AM

Bitcoin is losing their price from last more than 6 months and thought of traders are still in the recovery of bitcoin but the price is still not recovering there is a lot of time is required to grow the price and provide profitable market again.

You better chill out and watch the market until the market becomes stable again and reaches it's ceiling. The price went to the bottom of $5,800 and aren't you happy enough that it went up again quickly?
Last April there's a quick pump for just an hour, it's no joke.

boksoon

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Quote from: mc.craigsvictor on January 28, 2018, 01:35:19 PM

Every week BTC seems to lose it's market dominance. Currently it sits at 34.4 percent but what happens when it becomes 5 percent or less? Thoughts?

It's been a longer time that price would steady in more than $6,000 almost all users prepared on what the good or bad result for investors after the dramatic movement of Bitcoin Price in almost 8 moths start from the top 18,000USD sliding down to the dip, many people are always monitored even a slight movement of higher price but it's not gonna be happen until now, so we hope there is a good changes next moth or next year.

Biitcoin

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Zichain

Nothing sepcial, other cryptocurrencies (maybe LTC) will be at the top of the cryptopyramide. The rules of cryptocurrency sphere are the same.

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