Quote from: btc_angela on July 07, 2019, 01:19:21 AM

Quote from: JollyGood on July 06, 2019, 09:29:23 AM

Considering there are thousands of coins and tokens out there, what sort of dominance should Bitcoin have which shows that even though it remains the dominant force there is still a lot of space for others to narrow the gap?

Currently the BTC Dominance according to CMC is: 62.6%

As far as I can remember, during the peak price of almost $20k, bitcoin's dominance is around 50%. Bitcoin having a good run and so is the alt coin. So I would say that around that ballpark figure. So that the other 50% is for the alt coins to grow and mature.

That is an intriguing idea. If Bitcoin held 50% dominance and the others held the other 50% then that would be better than the current 65-70% dimnance that Bitcoin is exerting but still would not allow altcoins to play catch-up or have growth unless Bitcoin was near all time highs which should also mean other coins are going sky high too.

What are your views if BTC dominance was lower than 50%?