Which currency will dominate the crypto market? Please vote! - page 7.

onrise

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Quote from: killerfrost on December 31, 2019, 03:11:41 AM

There is no need to vote for which altcoin will dominate this market in the future. Just go to coinmarketcap and look at bitcoin's dominance. Currently, bitcoin has a very high dominance index of all altcoins, accounting for about 69%. So bitcoin will certainly dominate this market in the future, even the dominance index will continue to increase in the future because the current altcoins are dying away

2020 will also be a bitcoin year and will continue to grow and evolve over a period. We should be aiming that few more countries make it a legal tender in their country so that use of the bitcoin will rise for their daily needs as well. Also the investment will rise in such scenarios.

killerfrost

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There is no need to vote for which altcoin will dominate this market in the future. Just go to coinmarketcap and look at bitcoin's dominance. Currently, bitcoin has a very high dominance index of all altcoins, accounting for about 69%. So bitcoin will certainly dominate this market in the future, even the dominance index will continue to increase in the future because the current altcoins are dying away

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Quote from: bitbunnny on December 30, 2019, 05:07:14 PM

If you ask me, there is nothing to vote for. Bitcoin will keep the dominance and currently there isn't any other coin on the horizon that could take its place.
This situation will not change any time soon so Bitcoin remains the best and most profitable coin to invest. So far I don't see any signs in the market that would make me change my mind.

Bitcoin will still conquer the cryptocurrency market no matter what will happen. There is no other cryptocurrency who can dominate the whole cryptocurrency market. People will keep patronizing the bitcoin because of its unique characteristics and features. The cryptocurrency community also want to prefer to make investment with bitcoins than in altcoins.

bitbunnny

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If you ask me, there is nothing to vote for. Bitcoin will keep the dominance and currently there isn't any other coin on the horizon that could take its place.
This situation will not change any time soon so Bitcoin remains the best and most profitable coin to invest. So far I don't see any signs in the market that would make me change my mind.

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Quote from: Pinkris128 on December 30, 2019, 01:34:42 PM

Quote from: henrybek3 on December 30, 2019, 12:59:17 PM

I don't think a government-supported cryptocurrency will dominate the market. Blockchain can already reveal a stateless society. As long as Bitcoin is strong, no one can rival it. States can be crushed under bitcoin.

Indeed. Bitcoin will remain the top cryptocurrency in the market because it is the first ever cryptocurrency that was ever made. A lot of coins already tried to replace bitcoin but no one succeed that even half the price of bitcoin they did not able to exceed, that is why no matter how many times bitcoin dumps it's price it will still remain dominate the crypto market.

Clearly bitcoun would still remain on the top as stable coins stand no chance in getting the crown. Practically, bitcoin dominates the market in a whopping 60+% so what could be the magic to erase that market dominance? even after several years, better if a decade bitcoim would still be sitting at top. With the mass adoption of bitcoin to different field of businesses its market dominance will be greater and greater as time goes by.

Pinkris128

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Quote from: henrybek3 on December 30, 2019, 12:59:17 PM

I don't think a government-supported cryptocurrency will dominate the market. Blockchain can already reveal a stateless society. As long as Bitcoin is strong, no one can rival it. States can be crushed under bitcoin.

Indeed. Bitcoin will remain the top cryptocurrency in the market because it is the first ever cryptocurrency that was ever made. A lot of coins already tried to replace bitcoin but no one succeed that even half the price of bitcoin they did not able to exceed, that is why no matter how many times bitcoin dumps it's price it will still remain dominate the crypto market.

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Quote from: yulionoo on December 27, 2019, 07:07:42 AM

I think now and later bitcoin will always dominate the cryptocurrency market because bitcoin is the first, the main and always the reference coin in the cryptocurrency market.
but at a time when the bear market is like a USDT trading volume bigger than bitcoin. I think it's natural because some crypto investors and traders will secure their assets from fluctuations using stable coins. but in general it is still bitcoin that will dominate the crypto market.

Other coins definitely in few aspects exceed bitcoin such as volume and so on but the crown is always with bitcoin because it is the pioneer of this industry and most reliable in terms of huge profits. I am not going to completely give bitcoin an edge over rest of all projects but as far as huge and gigantic profits are concerned, bitcoin has always stolen the show. The support that bitcoin has in the market is not owned by anyone else.

henrybek3

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I don't think a government-supported cryptocurrency will dominate the market. Blockchain can already reveal a stateless society. As long as Bitcoin is strong, no one can rival it. States can be crushed under bitcoin.

yulionoo

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I think now and later bitcoin will always dominate the cryptocurrency market because bitcoin is the first, the main and always the reference coin in the cryptocurrency market.
but at a time when the bear market is like a USDT trading volume bigger than bitcoin. I think it's natural because some crypto investors and traders will secure their assets from fluctuations using stable coins. but in general it is still bitcoin that will dominate the crypto market.

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Quote from: Landak on December 26, 2019, 11:43:49 AM

When discussing a daily trading volume, currently USDT dominates and that is evident when we look at Coinmarketcap (for now). but if discussing to overall dominance in the crypto market, it's definitely Bitcoin. why now USDT seems to dominate the daily trading volume? because following the crypto market conditions, trading on stable coins in my opinion is indeed felt safer (in the current conditions).

Stable coins do not provide benefits, but in conditions like now with stable coins we can park our funds temporarily to wait for the best price to buy coins with high fluctuations, so we can maximize the profits achieved. for now people tend to hold on to monitor the situation then the stable coin they choose

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Quote from: ifinta on September 15, 2019, 07:32:07 AM

And my opinion about bitcoin, crypto's - don't changed:
https://www.reddit.com/r/Bitcoin/comments/9u2men/a_criticism_of_bitcoin_as_a_kind_of_money_and_a/

I keep my choice, it's definitely Bitcoin. there won't be any kind of technology that can surpass the crowd's fomo. Only the crowd can create such a huge price for bitcoin. Do you see that?
I will tell you more about my thoughts. I think of bitcoin as a big trap created by sharks. It is a game and it seems to be attracting a lot of people and its price has pushed up quite high and the volume is also very large. other alts and usdt are just tools to push the price of bitcoin. So my opinion is that Bitcoin is really a big game, its price affects the whole crypto market and it is definitely the dominant coin.

Landak

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When discussing a daily trading volume, currently USDT dominates and that is evident when we look at Coinmarketcap (for now). but if discussing to overall dominance in the crypto market, it's definitely Bitcoin. why now USDT seems to dominate the daily trading volume? because following the crypto market conditions, trading on stable coins in my opinion is indeed felt safer (in the current conditions).

cryptoknightt

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From the list you make if you have to choose, choose usd, eth, btc, ltc, iota, qtum.
others might show potential, but I'm not sure I'd choose them for long-term investments.
at least when the currencies I mention are ranked higher than the ones I didn't mention.
this means that they are the most stable among others, this is just an analysis that could be wrong.

onrise

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Quote from: kotik085 on December 25, 2019, 11:22:39 AM

Quote from: samridhi20 on September 15, 2019, 02:29:43 PM

USD single currency is the base of the market everyone can easily accept it. so, in my opinion, it can dominate the crypto market

Yes, the only US currency will dominate first is the dollar. As for cryptocurrencies, in my opinion, the dollar will dominate. But I prefer rubles.

When currencies we are talking about USD will continue to dominate as it is accepted worldwide and when I think about crypto it will be bitcoin which will continue to dominate the way it is being doing for year and may continue it for more coming years.

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Quote from: samridhi20 on September 15, 2019, 02:29:43 PM

USD single currency is the base of the market everyone can easily accept it. so, in my opinion, it can dominate the crypto market

Yes, the only US currency will dominate first is the dollar. As for cryptocurrencies, in my opinion, the dollar will dominate. But I prefer rubles.

Oneandpure

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USD will dominate crypto market because many country look trusted and always use USD for every transaction on other country, never giving space with other currency make USD dominance on many country although have negative effect with their local money have increase lower price and USD look higher price, why not use other digital money for every transaction at the next time?

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Quote from: ifinta on November 25, 2019, 05:44:46 PM

Pledge and Seele was added... Please vote!

i think no matter how many other alts you added, i guess the list is more than enough for your poll because the reality is nothing beats BTC til now. so you are just adding others that dont really matter much.
they may be on the rise but for how long they will survive?
many crypto users dont even know that they exist and not even have a hand on them in trading.

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Pledge and Seele was added... Please vote!

ashmodeus

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will i am not sure what u talking about.
bitcoin is created in cryptocurrency
and dollars created in fiat
bitcoin strengthened against the dollar due to high demand
bitcoin weakened against the dollar due to high investor sales
the value of bitcoin to dollars is price.
that the basic.
fiat cant be dominate crypto market because it fiat.
dominate, of course BTC already dominating crypto space since beginning.
about usdt?
it is a digital currency backed up from the original dollar, it is nothing more than a helper in the market to facilitate correction.
although,sometimes usdt have a bigger dialy volume than bitcoin,that does not mean usdt dominates the market.

qwertyup23

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There is a fine distinction between USD and cryptocurrencies as their nature is the anti-thesis of each other.

USD is regulated by the government and CENTRALIZED in nature. It is the main currency and medium of exchange of people residing in the USA with the Central Bank governing and controlling its supply in the market.
On the other hand, cryptocurrencies are DECENTRALIZED in nature having a limited cap and supply depending on the person who created such currency. Currently, cryptocurrencies are seen as an alternative option for payment but it cannot be regarded and viewed on the same field as currencies.

Excluding tokens and currencies, the cryptocurrency that will dominate the market will be BITCOIN due to its price and control in the market. Although there are altcoins that are on the green, the price difference of bitcoin compared to others is overwhelmingly significant.

Topic: Which currency will dominate the crypto market? Please vote! - page 7. (Read 2482 times)