Post
Topic
Board Altcoin Discussion
Re: Do you think Altcoins will be a big competitor to Bitcoin?
by
Lanatsa
on 03/11/2018, 23:47:08 UTC
Bitcoin dominance in the crypto market almost 51% right now. If bitcoin price will go to the moon again then this dominance percentage may increase! But we have many options in altcoins, and many altcoins are better than bitcoin in several ways! Do you think, in future, Altcoins will dominate the crypto market? Or will it be a strong competitor to bitcoin?
When trading volume of BTC in the market accounts for 55% there will happen. BTC will go to moon and suck blood all the altcoins. The market will bleed except BTC and the top 1 can trade with USDT.
My advice is that this time you should hold the BTC and wait for the miracle to happen.
There is no miracle in bitcoin market they were all depending on the supply and demand.
Most altcoin are trying to become top of the list but they were just too young to get that position of bitcoin and most of it haven't prove anything yet.
So it is too impossible to reach the level of bitcoin but i do believe if bitcoin is not being supported by the rest of the people it might going down and the prices might not as high as today.