In spite of your ongoing naysaying, Bitcoin remains the cypto that is providing the most value and security to the space on an ongoing basis, and other coins projects, to the extent that they are profitable at all relative to bitcoin, are for the most part profitable only because bitcoin maintains a kind of core security and considerably more decentralization than any other project that is merely creating the appearance of decentralization (to the extent that they are able and want to spout out decentralization talking points). So get the fuck out of here with proclamations that some other coin is better, and that bitcoin is some kind of old generation, because hardly no one in this thread is going to believe that kind of bullshit.
Sure, at 43% market dominance according to CoinmarketCap. Down from what? over 90%? In the 1970,s America was the largest car manufacturing country in the world. in the 1990s, Yahoo dominated search. Do you wanna be in Yahoo or in Google? I'm not downplaying Bitcoin's historical significance and I firmly believe Satoshi Nakamoto will go down in history as the most important inventor since Tim Berners-Lee or maybe even Gutenberg, but there's lots of stores of value (precious metals, real estate) and relatively few except fiat and credit that are used as a medium of exchange, which is where we can change the world.
The reason I am here is because I am trying to figure out how to determine market share when all we have is transaction volume and Market cap to go on. Transaction volume means nothing when TXs are almost free as with most coins. Market Cap is just last trading price multiplied by number of coins in circulation. It has little to do with which crypto is actually being used. Am I missing some other relevant metric?
On public blockchains, it should be relatively simple to calculate dollar value of transactions/block, but nobody is doing that to my knowledge. I wonder why?
These whales pushing the market around-what are they thinking? How do they determine value or is is all just Greater Fool Theory order flows?