Quote from: ecnalubma on February 23, 2018, 12:00:13 PM

Quote from: 8CommaClub on February 22, 2018, 07:05:58 PM

So what do you think would happen if another Cryptocurrency (Example Monero / Ethereum etc) were to take Bitcoins spot as first in market cap?

It will happen if people lose confidence over Bitcoin its dominance decrease every year so theres a possibility that other cryptocurrency will overtake its throne. If that happens it will bring positive effect to the market specially to the prices, some crypto will be less dependent over it.

Is its dominance decreasing or is the more adoption of crypto in general, it doesnt sound it but it is different I think?
there are more and more projects being created so they are going to attract more and more users and these currencies are all paired to BTC.
I know most people dont rate market cap but looking at bitcoin this time last the market cap was around $18,500,000,000
and today its around $174,000,000,000.