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?
I think if bitcoin will lose its dominance. Many people here will have doubts in bitcoin. And they will start not to trust bitcoin. And they stay away from bitcoin.
I think it would not going to happen because bitcoin is one of the trusted coin in crypto. But if that such things happen and loses it's dominance, maybe no more can trust any of the coin because their foundation cannot be trusted by any one and no mater how they develop the new coin that has same function of bitcoin, many do not going to believe in it. Everything will be doubt by people.