Post
Topic
Board Bitcoin Discussion
Re: Why is Bitcoin market dominance rising fast?
by
rodel caling
on 13/09/2019, 22:51:17 UTC
Over the past months, Bitcoin has been rising in market dominance at a fast pace. Altcoins have been on a constant decline in price ever since the bear market began back in 2018. They've been the ones which suffered the most, while Bitcoin has obtained greater prominence within the crypto market.

Which is why, it wonder me wonder why Bitcoin's market dominance have been rising so fast? What could be the cause of this? Will altcoins die soon, as a result of Bitcoin dominating the whole market? Or will they still survive?

So far, Bitcoin has gained the attention of people within the mainstream world, especially since it's one of the most limited cryptocurrencies in supply with an outstanding development team. The Lightning Network is its most interesting feature yet, leaving many wondering if it will render altcoins obsolete. If this indeed happens, then Bitcoin would effectively centralize the whole crypto market. What are your thoughts about this? Huh



Is that a normal do not compare bitcoin into altcoins because there a lot pf altcoins become zero value due to not supported of the community, tha is own opinion that's why some altcoins are going dump.
But if look at coun market the top list altcoins are still have possiblity to increase their price if bitcoin continue to increase hit the another ATH. Nothing and nothing to wonder why bitcoin is dominat in the market because people are strongly support bitcoin.