Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Filo on May 05, 2021, 04:05:59 PM
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Btc Dominance is around 45 percent guys. I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the btc dominance in May? Its effect on altcoins in general?
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Below 40 or not by May doesn't really matter to me. I'm happy the way it is now but I won't mind if it drops further. BTC is steady above 50K which is great while many altcoins are also building upward momentum.
~ Its effect on altcoins in general?
Bitcoin dominance dropping just means most altcoins gaining on BTC.
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May the Force of Altcoins be with us. We hope so as long as Altcoins are gaining and Bitcoin is stabilizing.
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This is very good for altcoins as it means more capital is being poured into altcoins. I hope that someday the dominance of bitcoin in this market will still drop to such values that it will lose its current price influence on altcoins. After that, there is hardly another cryptocurrency to take the place of bitcoin with such influence. Most likely, altcoins will be influenced already together by bitcoin, ethereum and possibly some more coins that will be close to them at that time in terms of capitalization. Since the price movements of the dominant coins can be different, it is possible that then the market will not experience such a deep and prolonged market decline, as there may not be strong price spikes.
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Recently, a lot of money has been poured from bitcoin into other top cryptocurrencies such as binance coin, ethereum and dogecoin, and therefore bitcoin dominance is gradually falling, but I am sure that after a while, when bitcoin will start to grow, then people will start pouring money from altcoins into bitcoin to pump the bitcoin price as much as possible.
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I think BTC.D will continue to decline and hit 35%. Thus the bullrun advantage will be transferred to altcoin and altcoins price will increase dozens of times compared to the current. Top altcoins will get the first positive impact because of their popularity and safety, but then we will soon see altcoins in top 100 have strong growth. At the same time, BTC will fluctuate around 50-60K USD.
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Most alts are going to explode soon if this will continue below 40 thats why Im accumulating alts with low cap as much as I can since this altseason coming is a beast we will will have a nice profit when we are holding good projects let go alts I hope this will last for some months.
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Most alts are going to explode soon if this will continue below 40 thats why Im accumulating alts with low cap as much as I can since this altseason coming is a beast we will will have a nice profit when we are holding good projects let go alts I hope this will last for some months.
You are right, the altcoin season is about to explode, but I think there is still a long way to go, some projects have that hope, bitcoin dominance is around 42%, some alts are having a good rhythm, if we now put it in context BTC kicking off the bullish trend could trigger the altcoin season much faster.
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Sure, it will bring impact to altcoin prices. If the dominance of Bitcoin is decreasing, it is a sign of the potential increase in altcoin prices. It is probably the massive increase to happen in the near future. So, just prepare your altcoin assets, it may be the time to sell in the next few days. I have prepared by buying more altcoins assets once they are in correction. At the end of the week, is the best time to buy. Or when there is a dump in altcoins because of the drop in Bitcoin price.
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Btc Dominance is around 45 percent guys. I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the btc dominance in May? Its effect on altcoins in general?
It doesn't matter to me if the price of Bitcoin increase or not, for what matters to me is that I earned good so far here in cryptocurrency compared to 2 years ago. Besides, I don't have any Bitcoin hold now but altcoins I do have a lot of them were some them I hold in the long term to get profit and some are for daily trade as well.
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Actually Bitcoin dominance represents the level of global Bitcoin market demand, this is often used as a reference to determine market trends. If BTC drops <50% then there is a chance that altcoins will increase in value. But we need to know, the market often moves with a certain rhythm BTC prices increase followed by altcoins, BTC prices fall and altcoins rise, BTC prices fall and drag the altcoins, BTC prices tend to be flat as well as altcoins. whatever it is, we must be prepared to face every possibility, take advantage of the opportunities that exist as well as possible.
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I am expecting Bitcoin dominance can hit around a 30% level on the other hand Ethereum can gain dominance by 25% but I won't say it will be in the month of May. Bitcoin is running sideways nowadays and Ethereum and Binance are gaining dominance with some other altcoins. I hope in the coming months altcoin will dominate 70% of the market and Bitcoin will dominate around 30% it can happen only when altcoins will also perform well.
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I think Bitcoin's Dominance will still continue to fall below 40% market dominance, and it will trigger an Altcoins Season if this continue. But i don't think we will enter Altseason just yet. We need a strong rise from Ethereum and other top 20 Altcoins to trigger this kind of market. I hope we're ready for what's to come!
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I think Bitcoin's Dominance will still continue to fall below 40% market dominance, and it will trigger an Altcoins Season if this continue. But i don't think we will enter Altseason just yet. We need a strong rise from Ethereum and other top 20 Altcoins to trigger this kind of market. I hope we're ready for what's to come!
Incredible, you missed the bull run? Are you still waiting for the altcoinseason?
How do you interpret the tenfold increase in the market in the last 12 months? Have you ever invested in crypto?
I already understand what drives you here, or what most of the people are doing here.
But you would get a lot more of it if you educated yourself in this area.
Learn about the technology behind crypto, learn about investment strategies and everything that goes with them, as well as the history of the global economy. Don't forget to learn about the global crises and what caused them and, most importantly, how to get out of them at a profit.
I have nothing against you personally, I used you as an example, there are a lot of forum users who think the same way as you do.
My only advice to you guys is education. You don't even have to go to school these days, as I see everyone has internet here. But don't forget that superficial learning does more harm than it brings benefits. Until the next crisis comes, and they always come, you should know what you can do.
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Bitcoin dominance could have less and less meaning as many major currencies are decoupling from BTC a good example is doge it used to be that doge price was looked at in terms of staroshis now is looked in terms of dolars
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I am expecting Bitcoin dominance can hit around a 30% level on the other hand Ethereum can gain dominance by 25% but I won't say it will be in the month of May. Bitcoin is running sideways nowadays and Ethereum and Binance are gaining dominance with some other altcoins. I hope in the coming months altcoin will dominate 70% of the market and Bitcoin will dominate around 30% it can happen only when altcoins will also perform well.
I wish I could see bitcoin's price dominance drop to 30 percent, and ethereum's price dominance increase and dominance to 25 percent. This would mean the end of Bitcoin's complete dominance in this market. I don't even know if we can wait for this. So far, Bitcoin's dominance has dropped to the current 44.8 percent, while ethereum's dominance has grown to 18.6 percent.
Against the background of the fact that bitcoin is practically not growing in price or has very weak growth, ethereum has grown in price by almost $ 400 in the last day alone and now its price is already $ 3950. This is very good for altcoins.
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Do you actually think that could happen? Because I confess I am a little sceptical it would.
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Even if the dominance of Bitcoin falls, the tokens, which are currently on the market in quadrillion, seriously affect the money that will flow into quality projects. Dogecoin has already seriously affected the market. Btc dominance started to rise when btc started to rise.
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Currently, the dominance of Bitcoin has risen above 50 percent. The amount of total assets in the worldwide bitcoin market has increased. And the bitcoin trade is constantly growing. Bitcoin is becoming more valuable. Market monitoring shows that the price of bitcoin has increased even more. Which is a lot more than the last few years. So calculating the percentage here shows that it is many times more than in the last few years.
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I think bitcoin will get less dominant in future. It's true that many altcoins are scams, but there are many other coins who are strong and have better technology behind them comparing to bitcoin. These coins capitalization will grow as well and if you check in percentage you'll see that altcoin capitalization tends to grow faster than bitcoins.
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When altcoins dominance increases Bitcoin dominance automatically decreases, this is normal trend. Before Covid 19 broke out, Bitcoin dominance was more than 70% but today we can see its dominance 44% which means Bitcoin dominance decreases and altcoins dominance increases. Last five years, i didn't see below 50% dominance but now altcoin season ongoing, that's why Bitcoin dominance on market are on the wane, not wane (decreasing).
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When altcoins dominance increases Bitcoin dominance automatically decreases, this is normal trend. Before Covid 19 broke out, Bitcoin dominance was more than 70% but today we can see its dominance 44% which means Bitcoin dominance decreases and altcoins dominance increases. Last five years, i didn't see below 50% dominance but now altcoin season ongoing, that's why Bitcoin dominance on market are on the wane, not wane (decreasing).
When bitcoin is not dominance, I think It is good thing for altcoins progress. Because Altcoins not popular as bitcoin.
For now I see bitcoin is not dominance, and In my analyzing, that's altcoins seasons.
We will see altcoins will bullish and we can invest in altcoins.
Maybe you can choose several potential altcoins for your investment like DOT,ZIL,DIA and XRP.
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When bitcoin is not dominance, I think It is good thing for altcoins progress. Because Altcoins not popular as bitcoin.
For now I see bitcoin is not dominance, and In my analyzing, that's altcoins seasons.
We will see altcoins will bullish and we can invest in altcoins.
Maybe you can choose several potential altcoins for your investment like DOT,ZIL,DIA and XRP.
It does take altcoins to be able to move to increase, which is when bitcoin does not make extreme movements, so that altcoins are able to be able to improve from lagging what bitcoin did first.
You could be what you say is the fact that altcoin season has happened, but when bitcoin increased, many of the coins went down and only ethereum was able to survive, so it's no wonder ethereum is currently growing rapidly.
Yes, altcoins are a very good investment option right now, because the possibility of an increase is possible, what is also important is the affordable price to buy, not bitcoin.
Do not underestimate the new altcoins on the exchange, not the least of which is good. many options are available, you just decide with a little analysis.
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Bitcoin Dominance is decreasing and it is the sign of Alt coins movement.Bitcoin has created its ATH. But Alt coins did not created Their ATH in terms of BTc. I think sooner or later Bitcoin Dominance will be down it its all time Low which is around 34.
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Now all red so where is the investments poured in? But yeah no other than altcoins that benefited the slight fall og Bitcoin dominance but that is just a vice versa anyways.
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Bitcoin will again dominate the Cryptocurrency market if the Bitcoin price increases again, because with the increase in the Bitcoin price, the Bitcoin capitalization will increase as well. If the dominance of Bitcoin goes down, it means that there are other coins or Altcoins that have increased, or it could be that all Altcoins have increased in price.
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Currently, the dominance of Bitcoin has risen above 50 percent. The amount of total assets in the worldwide bitcoin market has increased. And the bitcoin trade is constantly growing. Bitcoin is becoming more valuable. Market monitoring shows that the price of bitcoin has increased even more. Which is a lot more than the last few years. So calculating the percentage here shows that it is many times more than in the last few years.
I don’t think so. In May, we no longer saw Bitcoin dominance above 50 percent. For bitcoin, dominance continues to fall and has now dropped to 41.5 percent. At the same time, ethereum's dominance rose to 20.1 percent. I think that this trend will continue in the near future. This can negatively affect the rate of growth of bitcoin, which we began to see. Perhaps due to these events, Tesla refused to accept Bitcoin as payment for its electric cars.
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Bitcoin fall just a little bit but i hope soon it make a great high in the market and i hope soon the big bull will come and that time the BTC touches the 200,000$ becasue still the big bull is not start in the market and the other ALT coins will also make a great high in the market when the BTC make a great high.
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For the problem of rising and falling, it will certainly happen in Bitcoin trading, but all of them need a factor to be able to change the price of Bitcoin in a few days.
If Bitcoin dominance drops by around 45% it means altcoins dominance has risen to 55% and of course all traders and investors switch to various altcoins trading.
This change of a few percent is very common because it has always been like this, except that the difference is more than 80% versus 20%. It's scary.
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Bitcoin may not be a wide enough moat to fend off its competitors. I think it is possible that Bitcoin falls while other cryptocurrencies rise in value. This will be problematic for Bitcoin marketers.
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If Bitcoin is dominant in the market then it is certain that the price of Bitcoin will go up and Altcoins may fall because all trading is focused on Bitcoin.
But altcoins can also be pumped and it is difficult to stop them when Bitcoin dominates the market because usually when the Bitcoin market is green, all altcoins always follow and change to Green aka Pump.
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Currently the price of BTC continues to decline, And a lot of bullrun profits from Bitcoin Poured into several Altcoins and the price of Altcoins will increase rapidly. Some of the top Altcoins will experience strong growth because they have great Popularity and security. Now is the perfect time to invest in some of the top potential good Altcoins. And at the same time the price of BTC will start to rise again.
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Not completely like that because Bitcoin has always had a strong effect on the altcoins market, the logic is that the altcoins market has always followed the Bitcoin market.
Bitcoin has indeed lost its dominance to 45% but on the other hand Bitcoin is the parent of all cryptocurrencies and of course altcoists will also feel scared if Bitcoin Dumps or Falls.
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If the price of Bitcoin continues to fall, then the total market cap of Bitcoin will continue to decrease. I think the bitcoin currency has improved over the years as well as the dominance of bitcoin has increased a lot. One of the most popular currencies today. However, global bitcoin prices have fallen slightly, reducing its total assets. It is hoped that the dominance of Bitcoin will return to its previous level.
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Bitcoin will dominate market because all coins came from it but after many hardfork could be gone in pieces. Market always have mystery but learn from history is better. See gold as bitcoin, after all mining process finish will be replacement.
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Bitcoin remains the biggest cryptocurrency but the momentum in other tokens is drawing increasing interest. Proponents argue investors are getting more comfortable with a variety of tokens.
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Bitcoin go to high in future and i hope that so many new companies will except the BTC in their payment system that time the coin go high more in the market and the coin holders will make good money at that time.
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Btc Dominance is around 45 percent guys. I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the btc dominance in May? Its effect on altcoins in general?
For now, bitcoin is struggling and altcoins too.
Bitcoin has several negative issue. Well bitcoin is still dominance, and more popular than other.
Because bitcoin is the pioneer of crypto currency.
I hope It will be end of the bearish, because many investors still waiting and hold their coin..
I still dominance of bitcoin can be replaced.
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Below 40 or not by May doesn't really matter to me. I'm happy the way it is now but I won't mind if it drops further. BTC is steady above 50K which is great while many altcoins are also building upward momentum.
~ Its effect on altcoins in general?
Bitcoin dominance dropping just means most altcoins gaining on BTC.
Yes sir you have made a very nice post. I agree with your post because it is normal for the price of coins to fluctuate all the time in cryptocurrency. Thank you so much for such a post.
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Bitcoin Dominance is decreasing and it is the sign of Alt coins movement.Bitcoin has created its ATH. But Alt coins did not created Their ATH in terms of BTc. I think sooner or later Bitcoin Dominance will be down it its all time Low which is around 34.
I agree that Bitcoin's price dominance in the cryptocurrency market will decline over time. This is due to the fact that altcoins are constantly improving, while bitcoin is already far behind them and I do not see this situation improving. Over time, the dominance of bitcoin will fall so much that it will no longer have an impact on the cryptocurrency, or it will happen in parallel with other altcoins.
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The current bitcoin has declined somewhat but I hope it will soon reach a great height in the market If the Bitcoin market is dominant, it is certain that the price of Bitcoin will rise and Altcoins may decrease as all trading is focused on Bitcoin. I think if the price of Bitcoin continues to fall, then the total market cap of Bitcoin will continue to decrease.One of the most popular currencies today is Bitcoin.Bitcoin is expected Dominance will return to the previous level and is more likely to go even further.
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The current bitcoin has declined somewhat but I hope it will soon reach a great height in the market If the Bitcoin market is dominant, it is certain that the price of Bitcoin will rise and Altcoins may decrease as all trading is focused on Bitcoin. I think if the price of Bitcoin continues to fall, then the total market cap of Bitcoin will continue to decrease.One of the most popular currencies today is Bitcoin.Bitcoin is expected Dominance will return to the previous level and is more likely to go even further.
precisely when bitcoin increases, it will usually be accompanied by an increase in altcoins, because altcoins are always affected by bitcoin movements. With the movement of bitcoin yesterday reaching ATH alone, many altcoins have also reached ATH.
it could be that if the end of the year ATH goes up high then it could be that an altcoins are also growing, and of course that is the hope of all. because if altcoins increase, it is certain that many projects will succeed and their contribution to the bounty will clearly be felt.
it is true, that bitcoin is very dominant in crypto and can already be said to be the king of crypto. Bitcoin's influence will always be felt for other altcoins.
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Bitcoin dominance cannot be predicted in any way. Because we all know how it works. I don't have much idea about the new member forum of this forum. Hopefully in time I will be able to know all the topics of this forum.
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If Bitcoin is dominant in the market then it is certain that the price of Bitcoin will go up and Altcoins may fall because all trading is focused on Bitcoin.
But altcoins can also be pumped and it is difficult to stop them when Bitcoin dominates the market because usually when the Bitcoin market is green, all altcoins always follow and change to Green aka Pump.
Well, I agree I think bitcoin will always dominant , Although altcoins follow bitcoin and pump. Because many investors still believe in bitcoin than ethereum. talking about altcoins pump, It will happen while bitcoin has side way or correction, As you said when bitcoin pump, investors focus at bitcoin.
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As long as Bitcoin is ranked number 1, it has been ensured that the cryptocurrency market is fully owned by Bitcoin and Bitcoin is definitely more dominant than altcoins that are already circulating in the cryptocurrency market.
Hopefully Bitcoin continues to dominate the cryptocurrency market because I can't imagine if altcoins dominate the market then the price of Bitcoin and its marketcap will go down and I don't like things like that !
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As long as Bitcoin is ranked number 1, it has been ensured that the cryptocurrency market is fully owned by Bitcoin and Bitcoin is definitely more dominant than altcoins that are already circulating in the cryptocurrency market.
Hopefully Bitcoin continues to dominate the cryptocurrency market because I can't imagine if altcoins dominate the market then the price of Bitcoin and its marketcap will go down and I don't like things like that !
me too, I think bitcoin will survive and always be number 1 . I didn't see the potential altcoins that have potentially to replace bitcoin , so far.
But we all know anything can happen at crypto currency world.
Maybe at the next several years we will see bitcoin competitor.
Let's see.
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Bitcoin will dominate market because all coins came from it but after many hardfork could be gone in pieces. Market always have mystery but learn from history is better. See gold as bitcoin, after all mining process finish will be replacement.
The cryptocurrency continues to evolve rapidly. Whole new directions appear, they are becoming more and more with better functional characteristics. People invest large sums in such potential altcoins, their capitalization is growing in tens of billions of dollars. Of course, in this state of affairs, the capitalization of bitcoin will steadily fall and this is a completely normal process. Moreover, bitcoin is practically not improving and has long been frozen in place with the lowest scalability of seven transactions per second. If this continues, Bitcoin may soon lose its price dominance in this market.
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Sometimes we saw that Bitcoin price is increasing, otherwise we can see that it's price is very down. Because we know that cryptocurrency market is always depends on up and down.So we told that all most all the price of bitcoin is very prefer.I believed that gradually it's popularity and price will increase day by day.So i think that bitcoin prediction is very well.
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What is your particular prediction though? How do you think it will develop from now on?
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Sometimes we saw that Bitcoin price is increasing, otherwise we can see that it's price is very down. Because we know that cryptocurrency market is always depends on up and down.So we told that all most all the price of bitcoin is very prefer.I believed that gradually it's popularity and price will increase day by day.So i think that bitcoin prediction is very well.
Up and down of bitcoin price is normal, because bitcoin will always volatile.
I think we will see it every time.
when dump, whales will buy more and sell when pump.
Bitcoin will dominant for the next several years again., there is not potential yet, that will replace bitcoin.
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although currently many are trying to predict bitcoin price movements but you must know that price movements are not easy to predict accurately and sometimes many people take the wrong steps because their predictions are not precise, cryptocurrency price movements depend on interactions between traders at the exchange, the more good projects that are developed with cryptocurrencies, the more they can have a good impact on the price of the coin.
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The term "Cryptocurrency" was originally coined for Bitcoin and Bitcoin is also now dominating the cryptocurrency market and has a very large marketcap that beats all altcoins.
If Bitcoin now has success, then altcoins will also follow suit and of course, various countries in the world will adopt it very easily because the ability of cryptocurrencies is really very interesting to invest and take into account the benefits.
The prediction must exist because it has the possibility but to be precise, Bitcoin is difficult to predict the price direction, whether it's up or down but if in the short term it is like that and for the long term Bitcoin will definitely continue to rise in price.
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Btc Dominance is around 45 percent guys. I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the btc dominance in May? Its effect on altcoins in general?
More and more useful and promising altcoins appear on the cryptocurrency market, in which investors are investing more and more capital. This, of course, draws capital away from Bitcoin. Then it would be logical to assume that due to the development of altcoins, the capitalization and percentage of Bitcoin dominance will gradually and steadily decrease. Already, Bitcoin's dominance has dropped to the current 42.0 percent. And apparently, this is far from the limit.
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Well, I think your prediction is quite correct because currently the price of bitcoin is collapsing again, hopefully you can recover the bitcoin market because if it's not like that then many traders are stuck in high prices, bitcoin price movements are the reference for all cryptocurrency prices, when bitcoin collapses then has a negative impact on the prices of other cryptocurrencies.
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How do you think it will develop from now on?
Bitcoin dominance seems to drop if the price is getting lower. People prefer choosing altcoins, and losing their trust in Bitcoin. Some people still believe that there will be altcoin season this year, probably happening in the end of December or it will be in the early of the next year. Current market situation seems a bit difficult to predict, the altcoins season may be in the next yaer.
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Bitcoin is pretty bearish at the moment, but I wonder how long that it will last. Its popularity - and the new milestones it passes, cannot be understated. Its quarterly volume already passed that of PayPal, (https://www.forexbrokerz.com/news/bitcoin-transaction-volume-surpasses-that-of-paypal) according to most recent data and there are predictions it will pass those of Visa and MasterCard by 2026.
I think once this correction ends we'll be looking at an impressive new rally.
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Bitcoin is pretty bearish at the moment, but I wonder how long that it will last. Its popularity - and the new milestones it passes, cannot be understated. Its quarterly volume already passed that of PayPal, (https://www.forexbrokerz.com/news/bitcoin-transaction-volume-surpasses-that-of-paypal) according to most recent data and there are predictions it will pass those of Visa and MasterCard by 2026.
I think once this correction ends we'll be looking at an impressive new rally.
Keep calm mate, always hold your coins while bearish.
I think bitcoin will recover and grow up A smany investors said.
I also buy more several coins that I believe will have good future at 2022.
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I predict that Bitcoin dominance will drop even lower. Till the level of 35%, and Ethereum will continue increasing dominance. It is already 20%. As well as we still havent seen altcoin season this year. December has been always good month for Bitcoin, but it looks that this December is going to be special and we see raising dominance of all others.
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I predict that Bitcoin dominance will drop even lower. Till the level of 35%, and Ethereum will continue increasing dominance. It is already 20%. As well as we still havent seen altcoin season this year. December has been always good month for Bitcoin, but it looks that this December is going to be special and we see raising dominance of all others.
If Ethereum continue dominance, when bitcoin drops , that's normal.
Because Ethereum is the second rank below bitcoin.
I also think bitcoin dominance will decrease at the next several years.
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The dominance is always owned by BTC. Then it will go also to hype coins even new enough. And for top coins itsel inky few, they are ETH and BNB.
We can see how long we have been here in crypto, seeing some predictions that are only a prediction
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I predict that Bitcoin dominance will drop even lower. Till the level of 35%, and Ethereum will continue increasing dominance. It is already 20%. As well as we still havent seen altcoin season this year. December has been always good month for Bitcoin, but it looks that this December is going to be special and we see raising dominance of all others.
It looks like it will. Over the past few years, when altcoins began to develop very quickly and draw on investment capital, the percentage of bitcoin dominance began to steadily fall and now stands at 40.5 percent. At the same time, even now, when ethereum has big problems with high transaction fees, the percentage of dominance of this coin has reached 21.4 percent. Given the pace of development of altcoins, it can be said that the percentage of Bitcoin dominance, if it does not improve its scaling performance and high transaction fees, will steadily fall until it loses its price dominance over the rest of the cryptocurrency.
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Well, I think your prediction is quite correct because currently the price of bitcoin is collapsing again, hopefully you can recover the bitcoin market because if it's not like that then many traders are stuck in high prices, bitcoin price movements are the reference for all cryptocurrency prices, when bitcoin collapses then has a negative impact on the prices of other cryptocurrencies.
The current bitcoin price is collapse because It's bearish season.
That's normal.
But I believe It will recover again soon.
Bitcoin and altcoins will have several bullish at this year, so If you have money let's buy the dip and hold for long term investment.
Maybe until 2024 or 2025.
That's my way for long term.
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I am not sure anything normal is happening at the moment. And I fear what other crises in the market we will see in the coming days.
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The dominance of Bitcoin is bound to increase in the bearish market that will dump most of the altcoins but we now have more stable coin , also ethereum and Binance are likely to join BTC as SOV, They might have ability to prevent the 90% price dump because of the interest in institutions and longer Hold
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The dominance of Bitcoin is bound to increase in the bearish market that will dump most of the altcoins but we now have more stable coin , also ethereum and Binance are likely to join BTC as SOV, They might have ability to prevent the 90% price dump because of the interest in institutions and longer Hold
agreed, I think bitcoin , Ethereum, and binance will dominance at bearish season.
People prefer invest on top three coin to keep their assets , because they believed those coins won't dump more 90%.
But be careful, if you want but top three coins, better buy when big dip.
Wait the dump until bottom.
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Well, I think your prediction is quite correct because currently the price of bitcoin is collapsing again, hopefully you can recover the bitcoin market because if it's not like that then many traders are stuck in high prices, bitcoin price movements are the reference for all cryptocurrency prices, when bitcoin collapses then has a negative impact on the prices of other cryptocurrencies.
Bitcoin is going up again now, crypto market seems potential to pump.
We will see bitcoin reach around 45-50K USD at this month.
But it's just prediction.
I think bitcoin and altcoin will show good performance , because bitcoin still dominant.
Bitcoin dominance will never be replaced by other.
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bitcoin domination will decrease and will be replaced by potential altcoin at the coming future.
But it will take along years again.
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I think BTC.D can hit 60% this crypto winter. Creating a new peak of 70%-80% is too difficult when the market already has many large ecosystems such as Ethereum, BSC, Solana, Avalanche, NEAR, Polkadot...
I will return to the market when BTC.D is above 50%.
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The dominance of Bitcoin is bound to increase in the bearish market that will dump most of the altcoins but we now have more stable coin , also ethereum and Binance are likely to join BTC as SOV, They might have ability to prevent the 90% price dump because of the interest in institutions and longer Hold
During the bear season, bitcoin's dominance in percentage increases due to the previous large capitalization compared to other altcoins. But the general process in the cryptocurrency market does not change this. In general, the dominance of bitcoin will inevitably decrease over time, since, in addition to the general functions of the coin, it no longer has any useful functions.
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I think this time period is not good for bitcoin but with the passage of time situation will be different and bitcoin once again will go rise in the market
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Btc Dominance is around 45 percent guys. I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the btc dominance in May? Its effect on altcoins in general?
Bitcoin domination will decrease, because there are several potential altcoin.
It's competition between bitcoin and altcoin.
I think at the coming future there will be the next potential altcoin that replace bitcoin.
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Btc Dominance is around 45 percent guys. I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the btc dominance in May? Its effect on altcoins in general?
to predict bitcoin price movements in any way it will be very difficult to happen, all the possibilities that exist in bitcoin can happen whatever it is, currently the circulation of bitcoin that has reached the maximum limit point can make bitcoin prices very expensive or can make the price collapse instantly not anyone knows, it's just that if you think logically it should be more difficult to get bitcoin then it has the potential to be very expensive one day.
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I think this time period is not good for bitcoin but with the passage of time situation will be different and bitcoin once again will go rise in the market
at this time and since entering the beginning of 2022 bitcoin has looked like it doesn't want to move to increase and stopped at a price just like that, finally it happened that bitcoin could correct below $25K and this is very extraordinary, but hopefully it doesn't fall below $15K.
you are right that the halving period is when bitcoin will return to its peak, so there is no need to worry that bitcoin will be able to shine again in time. That's why many are now looking for opportunities to buy and hold them.
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Bitcoin is a project that is popular and its popularity is growing every day, it has been and will dominate the cryptocurrency market and its price will only grow due to the decline of coins.
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Btc Dominance is around 45 percent guys. I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the btc dominance in May? Its effect on altcoins in general?
agreed with opinions above, bitcoin domination will decrease because we will see many potential altcoins will compete to bitcoin.
It's good because we have many chances to invest
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Btc Dominance is around 45 percent guys. I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the btc dominance in May? Its effect on altcoins in general?
agreed with opinions above, bitcoin domination will decrease because we will see many potential altcoins will compete to bitcoin.
It's good because we have many chances to invest
Competition for top-ranked coins can indeed reduce Bitcoin's dominance, because investors will divert their assets to buy coins that have better potential than Bitcoin.
Currently the price of all coins is down including Bitcoin, but I see the dominance of Bitcoin in the Crypto market is still very strong and difficult to fight.
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Btc Dominance is around 45 percent guys. I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the btc dominance in May? Its effect on altcoins in general?
agreed with opinions above, bitcoin domination will decrease because we will see many potential altcoins will compete to bitcoin.
It's good because we have many chances to invest
Competition for top-ranked coins can indeed reduce Bitcoin's dominance, because investors will divert their assets to buy coins that have better potential than Bitcoin.
Currently the price of all coins is down including Bitcoin, but I see the dominance of Bitcoin in the Crypto market is still very strong and difficult to fight.
Yeah, I see.
Bitcoin domination is still strong and will be .ore stronger when bullish.
Maybe several investors will invest in other potential altcoins but I think Bitcoin is still the first chance.
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Btc Dominance is around 45 percent guys. I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the btc dominance in May? Its effect on altcoins in general?
I think bitcoin domination will decrease and will be replaced by potential altcoins, maybe Ethereum, BNB, SOL, DOT, MATIC will have potentially to reduce bitcoin domination.
Let's see.
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Bitcoin is still superior although seems bitcoin domination decrease, but I think bitcoin will survive and still dominant for several years again.
Believe it, because bitcoin is still the king of crypto currency
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Btc Dominance is around 45 percent guys. I have never thought that it will fall below 40 percent but seems it will fall. What do you think for prediction for the btc dominance in May? Its effect on altcoins in general?
I think bitcoin domination will decrease and will be replaced by potential altcoins, maybe Ethereum, BNB, SOL, DOT, MATIC will have potentially to reduce bitcoin domination.
Let's see.
Seriously? How long crypto has been right here? It is more than 10 years and there is no altcoin that can replace the dominance of Bitcoin, moreover the shit coins. I am sure that the dominance of Bitcoin will always happen, and never be replaced. Because Bitcoin is the first cyrpto, there is no coin that has a market cap as high as Bitcoin,the vaue and also trust on Bitcoin also never be beaten.
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For this second I see the dominance of Bitcoin trading is around 39% on the Coinmarketcap website.
I admit that I don't really understand if the dominance of Bitcoin trading goes up or down because I'm also sure that the higher the dominance, the Bitcoin goes up.
But maybe my judgment is wrong because I don't really understand the dominance of Bitcoin trading size, maybe others can also reply to my message and can discuss more fully in this thread.
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Seriously? How long crypto has been right here? It is more than 10 years and there is no altcoin that can replace the dominance of Bitcoin, moreover the shit coins. I am sure that the dominance of Bitcoin will always happen, and never be replaced. Because Bitcoin is the first cyrpto, there is no coin that has a market cap as high as Bitcoin,the vaue and also trust on Bitcoin also never be beaten.
The first ten years is very little for the development of cryptocurrency. Bitcoin practically does not improve and almost all altcoins have already bypassed it in terms of key indicators. Bitcoin is held by the leader of the cryptocurrency by inertia as the first cryptocurrency and on the faith of its holders for a long price growth. There will be no such growth and bitcoin will collapse. Bitcoin's leadership is not eternal. As altcoins develop, its price dominance will inevitably fall.
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Bitcoin has taken its position and so far it does not need to do anything, the platform is being updated for bitcoin, the growth will be only when it happens it is unclear. Now the situation on the market is unstable and at any moment the market may fall even further.
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Bitcoin has taken its position and so far it does not need to do anything, the platform is being updated for bitcoin, the growth will be only when it happens it is unclear. Now the situation on the market is unstable and at any moment the market may fall even further.
Yep, because it's bearish season.
I think bitcoin domination still strong and never be replaced.
Bitcoin is the king of crypto currency and I predict it will survive for ten years again.
It's my prediction, maybe wrong.
Let's see.
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I'm really surprised that BTC.D is below 50% in crypto winter. In previous winters, BTC.D was often held above 50% to demonstrate its dominance in total market capitalization. I expect a strong growth of BTC and BTC.D can reach 61.8% in the next bullrun.
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Just today I checked that bitcoin dominance is now 40.34%. During the current bear market, the total marketcap of all coins has decreased a lot. Bitcoin is no exception. But in this market condition, I think it is good to have bitcoin dominance above 40%. I expect bitcoin dominance to cross 60% during the next bullrun.
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Bitcoin will remain the dominant of the entire market slightly from its percentages, if his investment falls then it happens all the time. It will be difficult to get ahead of him because of the very popularity of the project that everyone uses.
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Bitcoin will remain the dominant of the entire market slightly from its percentages, if his investment falls then it happens all the time. It will be difficult to get ahead of him because of the very popularity of the project that everyone uses.
I hope that the new update of Ethereum will help ETH get to the top 1 in terms of capitalization in the next cycle, when BTC Halving no longer determines the cycle of the entire market. Altcoins are getting big and BTC.D could completely fall below 50% as blockchain technology is developed and adopted more widely.
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We already all know how the Ether updates and what will happen after that, there is no need to hope that after the update, the project will start good token sales. The dominance will remain with Bitcoin as the market was not.
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Just today I checked that bitcoin dominance is now 40.34%. During the current bear market, the total marketcap of all coins has decreased a lot. Bitcoin is no exception. But in this market condition, I think it is good to have bitcoin dominance above 40%. I expect bitcoin dominance to cross 60% during the next bullrun.
Now the dominance of bitcoin is 38.1 percent. This, of course, does not mean anything, because the total capitalization of this market is falling. But altcoins have been developing rapidly for a long time, at the same time, Bitcoin is practically standing still. This means that bitcoin will gradually give way to its leading position and dominant price position to the most promising altcoins. Will it be ethereum, we'll see. However, this will happen sooner or later if the team of bitcoin and dplay is passive.
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The cryptocurrency market will continue to be dominated by Bitcoin, a project whose popularity is growing daily. As a result, its price will continue to rise.
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I'm new to the form but in the know.Bitcoin dominance dropping just means most altcoins gaining on BTC.
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Seriously? How long crypto has been right here? It is more than 10 years and there is no altcoin that can replace the dominance of Bitcoin, moreover the shit coins. I am sure that the dominance of Bitcoin will always happen, and never be replaced. Because Bitcoin is the first cyrpto, there is no coin that has a market cap as high as Bitcoin,the vaue and also trust on Bitcoin also never be beaten.
Ten years are very little for any market, especially so different from other existing markets. So far, only about 20 percent of the population of our planet use cryptocurrency. But already against the background of this, bitcoin is very far behind its functional characteristics, although it still retains positions in terms of security. Altcoins develop much faster and over time, bitcoin can bypass. While Bitcoin is kept at the expense of the faith of its holders that for a long time he will grow in price. This factor will disappear and the situation on the cryptocurrency market will change for the worse for bitcoin.
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I think bitcoin will remain dominate as the King of crypto currency.
Although there are many potential altcoun but cannot overtake bitcoin domination.
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When BTC Halving no longer dictates the cycle of the entire market, I expect that the next update of Ethereum will help ETH rise to the top 1 in terms of capitalization.
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At the time the btc dominance is 38.1% and its is reaching it a very strong resistance of 36% , Dropping dominance means that holders investing altcoins more importantly in Ethereum which dominance is at 18% which is a very high improvement ,
I advice to buy bitcoin because its a clear proof that bitcoin bottom is near .
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At the time the btc dominance is 38.1% and its is reaching it a very strong resistance of 36% , Dropping dominance means that holders investing altcoins more importantly in Ethereum which dominance is at 18% which is a very high improvement ,
I advice to buy bitcoin because its a clear proof that bitcoin bottom is near .
Ethereum has experienced a high increase which is a very good thing because indeed the Ethereum platform has been changed so that you cannot get Ethereum by mining, to get Ethereum at this time you have to buy it so that when the Ethereum Network is changed then in time the price will increase very sharply.