Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Torque
on 26/09/2016, 20:44:38 UTC

For example in your assessments that adoption is not rapid enough  and that bitcoin is losing market share seems to be quite a way off and really exaggerations, no?


"Bitcoin has steadily been losing some marketshare ground to shitcoins for 3 years now."

I doubt that the facts really support this kind of an assertion.  Sure, we have been witnessing some innovations from altcoins (shitcoins as you call them), but in the end, any "losing of  marketshare ground" is likely more illusory than anything.

JJG, since you seem to like to confront people a lot, and since you are always in need of hard facts, stats, and proof over public sentiment (which is fairly palpable atm), then here you go.  Third chart at the bottom, the 3-year downtrend in bitcoin's overall crypto marketshare is as plain as day:

https://coinmarketcap.com/charts/#btc-percentage

Doesn't change the fact that I'm a permabull.  But my patience is starting to wear thin.  Other so-called bit bulls have already moved on and left bitcoin behind.