Ninjastic
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Board Bitcoin Discussion
Re: Bitcoin has 54% of the cryptocurrency market
by
DragonETH
on 19/10/2018, 08:51:50 UTC
Quote from: denzkilim on October 19, 2018, 01:43:00 AM
Quote from: stayeduptolate on October 15, 2018, 08:06:21 AM
Quote from: vy99 on August 15, 2018, 03:46:12 PM
For those of you that think that Bitcoin is going down this article proves that it's still the strongest in the cryptocurrency world. Not since December 2017 has Bitcoin been such a dominant part of cryptocurrency.

Full article here: https://bitcoinist.com/cryptocurrency-market-54-bitcoin/
From having millions of haters to millions of investors, bitcoin has gone through a lot and this this one decade of journey bitcoin has gone through many ups and downs and has faced many obstacles and criticisms and after all that now bitcoin is on the top of crypto ranking and now the success of bitcoin has considered as a landmark for other crypto currencies so in this one decade bitcoin has made a tremendous progress and now occupies 54% of the total crypto market.
Its dominance is 53.9% at this moment. Smiley

This shows that there are a lot of people trading Bitcoin worldwide and a really awesome performance. Grin
Those new altcoins that pairs along with Bitcoin on the exchanges also help Bitcoin reach this awesome percentage of market dominance and it really shows that Bitcoin is the real standard for a crypto currency.
I think this statistics will start to change when the bear market starts to wake up. Cool
bitcoin can reduce its dominance process, but nevertheless this will not mean that it will cease to believe in a smaller amount, just with the increase in the mass of the entire crypto market, bitcoin will grow slightly in a smaller volume in monetary terms.