Post
Topic
Board Bitcoin Discussion
Re: Bitcoin dominance dropping hard
by
pinkflower
on 02/01/2018, 02:29:11 UTC
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.



Thats also a very good sign of you are an altcoin investor. No coin is losing value and yet they are gaining momentum against BTC. If you want to make some meaningful amount, now is the time to look for promising platforms to invest in. For the first half of 2018, I can see that 100x returns will happen a lot more than usual.