This is hardly discussed in here, if you do not find those threads, then it is your fault.
I wonder why this topic is not discussed more. The bitcoin dominance compared to other coins.For years bitcoin marketcap was around 90% it dropped to 40% in jun 2017 and 60%.But then it dropped to 38% today!
You are not seeing the reality in there, the dominace is dropping, but the whole marketcap is always going up.
When the dominance was over 90% a few years ago, tell me, how much was the marketcap? I bet everything that it was not even five billion dollars.
And now it is 38% but the total marketcap is 600 billion dollars, more than a half of a trillion.
This exactly. Sure in the short term it has dropped, but look at the bigger picture. I remember when bitcoin was $30 lol. we have quite a ways to go.