Post
Topic
Board Altcoin Discussion
Re: Do you think Altcoins will be a big competitor to Bitcoin?
by
Irvinn
on 10/11/2018, 19:45:41 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?
Since the cryptocurrency is constantly and rapidly developing, and there are more than a thousand altcoins, it is logical to assume that in the future the level of capitalization between the coins will level off and there will be many candidates for leadership, about a dozen and they will often change each other, as now sometimes ethereum and ripple change each other . In such a situation of price domination, I think it will not. I believe that such competition will positively affect the cryptocurrency market.