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Author Topic: Bitcoin dominance has begun to decline.  (Read 5634 times)

Offline Rony

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Re: Bitcoin dominance has begun to decline.
« Reply #60 on: April 25, 2021, 07:54:33 PM »
We know that bitcoin is one of the best valuable crypto in cryptocurrency market.But we know that cryptocurrency market is up and down sometime.The dominance rate of bitcoin continues to decline slowly and now it is already 51.3 percent.
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Re: Bitcoin dominance has begun to decline.
« Reply #60 on: April 25, 2021, 07:54:33 PM »

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Offline Brithyislam

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Re: Bitcoin dominance has begun to decline.
« Reply #61 on: April 25, 2021, 08:26:10 PM »
The dominance rate of bitcoin continues to decline slowly and now it is already 51.3 percent.So i believed that sometimes it dominance will increase or decrease.So we told that bitcoin price will not decline forever. Because we can see that bitcoin is the best valuable coin in cryptocurrency world

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Re: Bitcoin dominance has begun to decline.
« Reply #62 on: April 29, 2021, 09:36:35 AM »
Bitcoin dominance is so significant for everybody because some could speculate the possible next scenario especially for altcoins. But the dominance is not going deep just in the right rate where still Bitcoin has it. Crypto lovers who wait for almost 3 years are in speculation for altcoins season if Bitcoin dominance decline below 50%.
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Re: Bitcoin dominance has begun to decline.
« Reply #63 on: November 20, 2021, 08:28:57 AM »
The dominance rate of bitcoin continues to decline slowly and now it is already 51.3 percent.So i believed that sometimes it dominance will increase or decrease.So we told that bitcoin price will not decline forever. Because we can see that bitcoin is the best valuable coin in cryptocurrency world
Bitcoin's price dominance rate is now 42.4 percent. We see that this percentage continues to fall. This is due to the fact that there are many good altcoins in which people invest much more than in bitcoin. And that's pretty good for the cryptocurrency market in general. I hope that the decrease in the level of price dominance of bitcoin will continue to occur and bitcoin will lose the possibility of such dominance after a while. Decentralized cryptocurrency doesn't need price dominance.

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Re: Bitcoin dominance has begun to decline.
« Reply #64 on: November 22, 2021, 06:18:36 PM »
The dominance rate of bitcoin continues to decline slowly and now it is already 51.3 percent.So i believed that sometimes it dominance will increase or decrease.So we told that bitcoin price will not decline forever. Because we can see that bitcoin is the best valuable coin in cryptocurrency world

I think the reason why bitcoin dominance  has begun to decline, because there are may potential altcoins that compete to overtake bitcoin.
But It will take several years again to beat bitcoin, not for now.

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Re: Bitcoin dominance has begun to decline.
« Reply #65 on: November 22, 2021, 07:56:56 PM »
The dominance rate of bitcoin continues to decline slowly and now it is already 51.3 percent.So i believed that sometimes it dominance will increase or decrease.So we told that bitcoin price will not decline forever. Because we can see that bitcoin is the best valuable coin in cryptocurrency world

I think the reason why bitcoin dominance  has begun to decline, because there are may potential altcoins that compete to overtake bitcoin.
But It will take several years again to beat bitcoin, not for now.

Sure, There are many potential altcoins, but I think bitcoin is still dominance and will be dominant for several years again.
No potential coins will replace bitcoin for the next few years .
I think , It's really difficult to happen.
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Re: Bitcoin dominance has begun to decline.
« Reply #66 on: November 30, 2021, 08:03:28 AM »
There are many potential altcoins, but I think bitcoin is still dominance and will be dominant for several years again.
No potential coins will replace bitcoin for the next few years .
I think , It's really difficult to happen.

Bitcoin domination will survive for several years again, I don't think about potential altcoins that replace bitcoin.
Because It's not easy.
Bitcoin is still superior. and will dominance for the next several years again, No worries aboout it.
« Last Edit: November 30, 2021, 10:43:15 PM by banser »
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Re: Bitcoin dominance has begun to decline.
« Reply #66 on: November 30, 2021, 08:03:28 AM »


Offline Dora Walletinvestor

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Re: Bitcoin dominance has begun to decline.
« Reply #67 on: November 30, 2021, 09:23:53 AM »
Bitcoin's overall dominance on the market is bound to decline somewhat as more and more coins emerge over time. It doesn't necessarily mean anything bad for Bitcoin, though - it is still the biggest coin and I doubt that will change in the foreseeable future.
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Re: Bitcoin dominance has begun to decline.
« Reply #68 on: January 04, 2022, 09:43:02 PM »
The dominance rate of bitcoin continues to decline slowly and now it is already 51.3 percent.So i believed that sometimes it dominance will increase or decrease.So we told that bitcoin price will not decline forever. Because we can see that bitcoin is the best valuable coin in cryptocurrency world
Bitcoin's price dominance rate is now 42.4 percent. We see that this percentage continues to fall. This is due to the fact that there are many good altcoins in which people invest much more than in bitcoin. And that's pretty good for the cryptocurrency market in general. I hope that the decrease in the level of price dominance of bitcoin will continue to occur and bitcoin will lose the possibility of such dominance after a while. Decentralized cryptocurrency doesn't need price dominance.
Even looking at the content of these posts, one can clearly see that the dominance of bitcoin in the cryptocurrency market continues to fall steadily. In April last year, bitcoin had a 51 percent dominance, in November it was 42 percent, and today it is already 39.3 percent. Now the capitalization of many promising altcoins is increasing, and therefore, against their background, the total capitalization of bitcoin in the market in percentage terms continues to fall. That is, the price dominance of bitcoin over other types of cryptocurrencies continues to decrease. I don't see anything changing in the future.

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Re: Bitcoin dominance has begun to decline.
« Reply #69 on: January 05, 2022, 03:51:19 AM »
Bitcoin is just good for the trading not for holding becasue its price is so much high and if we start trading on it we can make good money through that but if buy this coin and hold that and it comes down then may be we are in loss at that time and this is not good thats the main reason that the almost peoples will like to invest in the ALT coins.
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Offline EthereumDev_

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Re: Bitcoin dominance has begun to decline.
« Reply #70 on: January 05, 2022, 07:56:21 AM »
The collapse of the bitcoin price in my opinion is not an important problem because this has become a natural thing when the bitcoin price is rising high there will definitely be a price correction that makes the price collapse as is happening at this time and one day it could become even more expensive.

Offline Btclover

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Re: Bitcoin dominance has begun to decline.
« Reply #71 on: January 05, 2022, 09:00:06 AM »
currently market on correction mode and maybe it's the best time to take entry on potential ats as bitcoin's dominance is still under 60% and hopefully it'll be on downtrend for couple of days to give us enough chance to fill our portfolio with both bitcoin and altcoins.

Offline Gravatai

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Re: Bitcoin dominance has begun to decline.
« Reply #72 on: January 05, 2022, 09:37:36 AM »
The dominance of Bitcoin is cyclical and after the fall comes growth, it was so before and it will be so in the future. Now the alt season is really clearly visible and many altcoins show price increases stronger than BTC. I think the alt season will last until spring and after that the growth of BTC dominance will begin, if the global crisis does not come earlier.

Offline DAMKAR

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Re: Bitcoin dominance has begun to decline.
« Reply #73 on: January 05, 2022, 03:22:45 PM »
The collapse of the bitcoin price in my opinion is not an important problem because this has become a natural thing when the bitcoin price is rising high there will definitely be a price correction that makes the price collapse as is happening at this time and one day it could become even more expensive.

Yeah, bitcoin price will reciver again and will be more expensive.
I think the domination of bitcoin isnit decline, It just correction and will recover again. No worries about it.

Offline TopT3ns

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Re: Bitcoin dominance has begun to decline.
« Reply #74 on: January 05, 2022, 03:38:47 PM »
The collapse of the bitcoin price in my opinion is not an important problem because this has become a natural thing when the bitcoin price is rising high there will definitely be a price correction that makes the price collapse as is happening at this time and one day it could become even more expensive.

Yeah, bitcoin price will reciver again and will be more expensive.
I think the domination of bitcoin isnit decline, It just correction and will recover again. No worries about it.
bitcoin is still very difficult to do price recovery because judging from the collapse of the price of bitcoin and the amount of bad news circulating cryptocurrencies make bitcoin often collapse, to recover it still requires a lot of capital money and a lot of time which is certainly not a moment, hopefully when the bitcoin price recovers it can through to the price of $100k.

 

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