As the marketcap marches to 250b and higher, what are the thoughts as ti the BTC MARKETSHARE?
- bitcoin market cap will continue to rise long term as its price rises and more new coins are slowly mined.
- bitcoin share of market cap will continue to go down as new shitcoins are created with billions of coin and with fake and bloated market cap "number"
- bitcoin dominance is still the same as before, it is nearly 99.999% of everything else. dominance is the usage, the adoption, the merchants and services around bitcoin and lots of other useful things.
Since last year this has eroded, but will that slide continue?
yes as I said above. and here:
https://bitcointalk.org/index.php?topic=1842964.0Or will money begin to move back to BTC as the STANDARD, especially as realization sets in for:
- difficulty
- scarcity
- FOMO
the money you have in mind is mostly the traders who will always fly around in the market from one market to another to make the most profit. they never go anywhere and they never stay in 1 place. they went to join the altcion pumps and they came back with bigger pockets and they go back again after bitcoin rally slowed down to take a breath.