Post
Topic
Board Altcoin Discussion
Re: 80% BTC dominance by 2022
by
bahnfire
on 19/09/2018, 01:42:51 UTC
I believe we'll go back to 2022 Bitcoin dominance by 2022.

The next halving should have put us past 6 figures, somewhere from $100,000 to $500,000 (to difficult to know where it will peak before the crash once we get past the 6 figure psychological barrier which is an huge accomplishment.. I predict tons of people getting rekt as they sell at $100,000 and open shorts expecting the price to crash right at $100,000)

By then the fact that most alts are scams should be obvious to even noobs and BTC will go back to the natural 80% balance as per pareto law distribution.

The alternative is there is a possibility we don't quite get past $100,000 and fall right before getting there, which would give us a a year or two of dipping before we actually get past $100,000 which will definitely crush altcoins.


We will not go because there is more and more coins added to coinmarketcap that are not comparable to bitcoin. They are not PoW. They are premined.  That coinmarketcap bitcoin domination is totally fake, since there should be many more groups of crypto and not mixed apples and pears together.  

In 2022 that coinmarketcap bitcoin domination will not be even 20%

Exatly i think same like this.. There willbe more and more coins and new technologies. Surely btc will have good percentage of market cap. but not more 20 30 like this..