Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has no competition
by
Senor.Bla
on 05/01/2017, 07:04:07 UTC
Bitcoin has been steadily losing market cap dominance, from 90%+ just two years ago to ~80% today.

When it comes to exchange dominance it's just 66.4%.

This trend will probably continue and in a few years there will be people using cryptocurrencies that do not know what bitcoin is.

That is very interesting. I will assume it is probably true what you say about the 66% bitcoin exchange. There maany altcoins out there and many people looking for profits. It makes sense thst the % for altcoins is high. I wonder when it will hit 50/50 ?
Yes so many people buy altcoin just for make profit in bitcoin. Altcoin developer is want to create eco frendly alghorithm and lower energy usage, but some of them just wanna make profit from their coin so it just dump and pump. But I think bitcoin still has no competition.
You just can not convince some people. Even if you bring a very good argument and they kind of acknowledge it, but then the "but i still think" comes. Bitcoin price is rising like stupid, but also the top altcoins are rising. Let me guess, it is just speculations with the altcoins but Bitcoin is rightfully rising?