Bitcoin Dominance

[ShiNorton 906]

Bitcoin is dominating  rest of the altcoins. It is looking too power in the crypto world. People trust in Bitcoin & choose to invest money expecting  profits. I also trust Bitcoin more than other altcoins. 

[annayks 2314]

It is somehow important to look at dominance and when it was so high altcoins started to rise a while later. So maybe it is good to watch and buy a few altcoin and wait for a few months then.

[Froshk 1828]

There's a secret behind the unbeatable success of bitcoin that has made it a dominant cryptocurrency for sometimes now that many emerging and upcoming cryptos are finding it difficult to emulate 

[iloveyobit 6599]

On 1/4/2020 at 12:17 PM, Ankit Nepal said:

For the past decade bitcoin has dominated all other crypto coins. Just look at the price difference between bitcoin and rest of the coins. Most of transaction are from bitcoin and bitcoin has dominated.

False information should not be published. Bitcoin dominance rises when interest in the market and traders in general turns to it, as liquidity increases in it and decreases in other currencies so the price of Bitcoin rises because of that .

[Russel 017 506]

Bitcoin is one of the best currency which has high demand in the market. Bitcoin dominance depend on the volume of bitcoin.If volume bitcoin decreased than dominance will be decreased 

[ajabe2 1485]

Dominance is now just below 65% and For me this is the only metric I'm watching to found out when it's time to buy altcoins. Before 75% dominance there's every chance we're going to see more altcoins price crashes and after bitcoin dominance reaches to 75% people make enough profit in bitcoin and they spread their money into other assets.

[Alex9876r 1408]

When the acquisition of Bitcoin rises, it rises alone without the rest of the currencies, and when it goes sideways and the acquisition decreases and the liquidity transfers to the currencies then it can take off and this is what we see now where Bitcoin rises alone without the rest of the currencies

[hatambaba 1064]

The crypto market is more dominated by bitcoin and people believe in bitcoin which can provide the greatest benefits. So its not surprising yet people now is putting their interest to Bitcoin which causes for its dominance rating to hit up but eventually there would be a day on when alts boom once again.

[cryptovlek 2597]

Bitcoin dominance is again on the rise. It took a small break after the halving and there was a two month altcoin season but it is now regaining dominance and new investors are institutions that are only interested in cryptocurrencies they are allowed to buy from Grayscale and these are Bitcoin, Ethereum mainly and then perhaps Litecoin and perhaps ETC and Zcash.

[Michaelx018 0]

Currently Bitcoin is showing huge improvement in the market with its rates almost touching the $20,000 rate. I certainly believe the Bitcoin is a cryptocurrency to stay and that its future is almost guaranteed. there have been many predictions going around , let's believe it happens.

[saradz 2259]

On 11/9/2020 at 5:57 PM, sarahyes said:

@shishir07In terms of price, there is no need to look at data and statistics ... this is clearly visible ... Bitcoin has been the leader in digital currencies for a long time, and I do not think it collapses from its throne in the next few years ...

@sarahyes In the current cryptocurrency market, there is a slight but sure shift that Bitcoin is less dominant, with the gradual development of currencies and other cryptocurrency protocols.

[huesca123 946]

One of the main reasons that BTC dominates the market, is because it was the 1st cryptocurrency on the scene. Usually, whatever is the 1st to come out, is usually the most popular. BTC has its drawbacks, like high transaction fees when you are spending a little bit of money. The transaction fee can surpass the amount that you want to pay for. That is why ETH & ERC 20 coins are becoming more popular. They are more cost effective when used in payments of small amounts. Not to mention they are fast as well & secure.

[Abdulrahman3 1252]

No cryptocurrency can escape from the dominance of the Bitcoin price, when Bitcoin rises, the rest of the currencies necessarily decline, and when it falls, the rest of the currencies rise, and it even affects non-cryptocurrencies sometimes.

[Henri1111 120]

I think you have to spend maximum time in the crypto world to understand the trade related strategies when the current dominance is decreasing Alts pumping and when Alts dumping is increasing you will realize better knowledge about it otherwise you will lose to it

[Alsh9 1007]

I think that the dominance of Bitcoin will be strong in the future, it will be very popular and the demand for it will increase and make it more widespread. Bitcoin will be global and dominant.

[maarcoferrer 1096]

Bitcoin is dominating and I think it will be for a long time. It has been doing it for many years now and the growth in these last months has been abysmal. It's up to us to decide if we are going to take advantage of it or not. But first of all the best thing is to study, to know where to invest, to have the right knowledge to be able to give it everything and take advantage of it as much as possible!

[abohasnn9 2401]

My friend, the dominance of Bitcoin is due to many things. Firstly, it is the oldest currency in cryptocurrencies, it is the first cryptocurrency that has existed and is the father currency of all currencies built on the central blockchain systems of cryptocurrencies.  From companies globally Thanks

[Ameralsamt 2558]

My friend, i'm nothing new on this subject, bitcoin is the oldest cryptocurrency in the field of encryption and cryptocurrencies, it was one of the currencies established in the blockchain system, it is growing in popularity on a daily basis, and international acceptance is rising and they are known as the most cryptocurrency is Bitcoin only. 

[kaliphatesani 111]

Well bitcoin so the most powerful crypto out there and also the best so you have nothing to worry about of you want to invest into bitcoin. It dominates the largest part of the entire crypto market.

 

[Vola1s 727]

Bitcoin dominance continues to occur in the cryptocurrency market, bitcoin price fluctuations greatly affect other cryptocurrencies, there are altcoins that survive there are also altcoins that don't survive and lose their value. These kinds of fluctuations are actually common in crypto markets, so take these fluctuations to an advantage trading the markets.

[Reen 1120]

Bitcoin is spread around the world and various websites are using Bitcoin as their main currency because Bitcoin has a high market value.Now the price of bitcoin continues to rise from the beginning of 2020. I hope and after some time every country in the world will use Bitcoin.

[Abrar1122 10]

It is strange that a single coin is dominate over more than half of the cryptocurrency market and market cap as well that means it is a very strong coin

[RoyalHouse01 9]

When there will be the less dominance of the bitcoin there will be  a great rise in the prices of the altcoins and there will be millionaires in the near future.

[Adam786 560]

As we know there is a big volatility and fluctuation in the prices of cryptocyrrency thats why I would like to say I noticed that the price of bitcoin is increasing day by day for some months and now I think the price of bitcoin will stop at one million dollars at the end of this year. Therefore we should start investment to get good profit in the near future.

[Dissy sb 945]

My friend. Are you should to get knowledge about the Bitcoin before in the trading of the cryptocurrency or in the tread of the Bitcoin that is very beneficial for you otherwise you may be lose your money in the market