Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: riponsumo on June 18, 2018, 07:53:47 PM
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Market Capitalization and Popularity
At the time of writing, Bitcoin’s market capitalization sits at roughly $170 billion. Whether this figure strikes you as either high or low will depend largely on your historical perspective. When we consider that Bitcoin’s market capitalization was barely $42,000 in July 2010, its current figure seems staggering. While Bitcoin remains by far the most highly valued player in the cryptocurrency space, others such as Ethereum, Ripple and Litecoin are catching up.
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We can now ask the question, what other characteristics set Bitcoin and Litecoin apart?
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Bitcoin is driving the market, eth also a potential coin and has a good future.
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Yes eth or bitcoin verry good future. 8) 8) 8)
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Litecoin has fast transaction compared to bitcoin.
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Its a fair point that they are catching up i just don't know that they will ever get as close as they are now. I just don't see things like Ripple or Ethereum as good at what they do as what bitcoin does.... bitcoin has stood the test of time.
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Bitcoin is driving the market now.Ethereum also a potential coin and has a good future.Litecoin has a fast transaction compared to bitcoin.
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Yes! I think Bitcoin is the major player since it's inception, and being the first coin, its actually the driving force of all crypto till now. I also believe that ETH, Litecoin, Dash, monero etc has great things to offer as far as the markets are concerned and these coins could change the ladder as per the top coinmarketcap ranking in near future.
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Litecoin has the potential to capitalized in the market as this coin slowly gaining popularity in this crypto world.This coin has been known to many investors as a good coin for investment.
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Bitcoin is driving the market now.Ethereum also a potential coin and has a good future.Litecoin has a fast transaction compared to bitcoin.
Bitcoin runs the market because it has a high level of its capitalization. However, this level is declining. If at first it had 94 percent, then with the years it fell to 32 and only recently it rose again to 50 percent. I think that bitcoin will continue to lose its level of capitalization, and it's probably not the drawbacks of bitcoin, which it really has, but in the development stages of the crypto-currency market. One coin can not long dominate the price ratio over other types of crypto currency, because they also develop. The time will come when the level of bitcoin capitalization will drop to the level of capitalization of the upper coins and then it will lose its price dominance and each coin and token will gain its own free pricing. This is inevitable in any case.
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Market Capitalization and Popularity
At the time of writing, Bitcoin’s market capitalization sits at roughly $170 billion. Whether this figure strikes you as either high or low will depend largely on your historical perspective. When we consider that Bitcoin’s market capitalization was barely $42,000 in July 2010, its current figure seems staggering. While Bitcoin remains by far the most highly valued player in the cryptocurrency space, others such as Ethereum, Ripple and Litecoin are catching up.
It is true that ethereum, ripple, and litecoin market capitalization have increased at a faster rate so it's fair to say they are "catching up".
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Bitcoin has more potential as it's the king of crypto.
But others also becoming a great choice to invest in.
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Bitcoin has more potential as it's the king of crypto.
But others also becoming a great choice to invest in.
it's better to take from the top 1-100 ranking in coinmarketcap to invest it will bring us into big profits. even though the price is falling a lot now
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bitcoin even though it is experiencing a price decline, but its market capitalization is really high, it is undeniable that number 1 in the market rank is not easy, and other coins try to steal the rank.
but if you look again, when the BTC price has decreased, the other coin markets also follow, this indicates that BTC is very strong and irreplaceable, because the altcoin has a dependency on BTC.
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Lite coin are slowly beggining to capitalized in the market and slowly gaining popularity in this crypto community.This coin has the potential to rise in the market.
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untuk saat ini hanya untuk perdagangan crypto
bahkan bitcoin untuk saat ini tidak dapat dikatakan telah digunakan sepenuhnya oleh komunitas
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it's true and I think the current market increase is much bigger, and I think every year it will definitely increase.
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it's true and I think the current market increase is much bigger, and I think every year it will definitely increase.
Building on yesterday’s high-volume pin bar is a bullish engulfing candlestick reversing from $50, a support line. What’s significant in this is not the trade range but the level of participation. There is a follow through of Sep 12 bullish attempts. The result is a three-bar bullish reversal pattern, the Morning Star.
If anything, aggressive traders can buy LTC on pull backs in lower time frames with stops at Sep 12 lows at $45 and first targets at $70.
Disclaimer: my opinions aren’t investment advice. Trading of any form involves risk and so do your due diligence before making a trading decision.
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Popularity is the most catching part for investors simply because if it is not popular then it won't be known by the people who are possible investors.
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Litecoin has been known by many investors as a good coin for investment. Litecoin has the potential to be capitalized on the market because this coin is slowly gaining popularity in the crypto world.
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I just don't see things like Ripple or Ethereum as good as what they do like in bitcoin.
This is a fair point that they are chasing me just don't know that they will ever be as close as they are now. And achieve popularity as they want.
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This coin has the potential to rise on the market. Coin Lite is slowly starting to be capitalized in the market and is slowly gaining popularity in this crypto community.