Post
Topic
Board Bitcoin Discussion
Re: Thoughts on Bitcoin's Increasing Market Dominance
by
kennen1113
on 06/09/2019, 14:04:32 UTC
It just means that people are getting smarter to invest in Bitcoin rather than spend their money in other useless project. If it were to continue, we might see some increase in BTC price in the next months. The only one I deem worthy is ETH and Monero as an alternative to Bitcoin.

If Bitcoin where to increase more in Volume, more and more altcoins gets shut down.
I understand your ambition and thinking, many people become smart and focus money on bitcoin, that will help increase the value of bitcoin, and this means that those who hold bitcoin will gain the highest return from this investment, but if this situation happens, altcoin will close and you should know that this continuous closure can cause imbalance. A market that only looks at bitcoin will no longer be a good game zone for all, domination can be good but bitcoin should still stop, it should let altcoin continue to live, investors have more opportunities to make money to move into bitcoin