Quote from: Mrbluntzy on Today at 08:14:09 PM

Quote from: Alpha Marine on Today at 07:47:37 PM

At the rate coins get created, I won’t be surprised to see bitcoin "dominance" go lower than 50%. It's very normal because people will use altcoins to get quick money, and that is why these coins always dump because people sell off to get profit at every chance they get.

As for me, I willwill be surprised to see Bitcoin dominance get to that 50% because I don't think it will, irrespective of how new altcoin are being created every day, you already defined what people are using it for, to get quick money and that tells you that they can not hold it for long like Bitcoin and at the end of the day, Bitcoin will still remain dominant up at 70% and not less than that. I don't think that any smart Bitcoin investor of this era will sell their Bitcoin to far altcoins.

Sure the reason why bitcoin would keep increasing in dominance is due to the fact that bitcoin is the only reliable and trusted asset when it comes to Long term investment secondly there are some people that discovered that bitcoin is the only way in which we can be able to escape inflation whenever it comes while Majority is going for the future profit, there are a lot of benefits that is attached to this asset (BTC) which is why there is a high increase in the demand, this are the things that will trigger the dominance to keep increasing and I don't see any coin that would come from behind to take the dominance away from bitcoin.