Post
Topic
Board Bitcoin Discussion
Re: What do you suppose will happen when BTC loses it's dominance?
by
Argoo
on 19/07/2018, 21:16:24 UTC
Every week BTC seems to lose it's market dominance. Currently it sits at 34.4 percent but what happens when it becomes 5 percent or less? Thoughts?
The price dominance of bitcoins over other types of crypto currency may decrease if it loses in its capitalization level in comparison with the total capitalization of the remaining crypto-currency. If this happens, then I think that it will be only better, because bitcoin will cease to exert pressure on the formation of prices for other types of crypto currency. Coins and tokens, at last, can freely develop and form their own price policy. The crypto currency market will finally find its maturity.