Let's have a chat about Bitcoin and it's Dominance on the Current Cryptocurrency Market.
There was a Time when Bitcoin sat at an whooping 80% Dominance over the other Cryptocurrencies but lately that had declined and has went even as low as 30%.
All that being said Bitcoin right now is yet again in Climb for Rise. The rise is not in USD Valuation but in Satoshis which makes it even more interesting.
Mostly all of the Altcoins are now struggling to keep up with Bitcoins Growth. Let's hope we see Bitcoin back to it's previous Status.
Sorry if today's Posts are a bit Weird I am not at Home Tonight.
See you guys in my Next Post.
i definitely think bitcoin will maintain its dominance for quite some time, but eventually will dwindle due to other cryptos increased transaction times, lower fees, and also other use cases (ether platform for example).
i dont expect a downfall, but more of a slow game of catch up. its a marathon, not a sprint, and i dont know if bitcoin will marathon (it definitely took home gold in the 100m dash though!)
A downfall is certainly not happening but I do think it's Dominance could dwindle a bit.
Si sube seria bueno para todos nosotros.
If it goes up it would be good for all of us.
The way BTC is going Upward is really Healthy Growth apart from just a Crazy Bull run I prefer it Grows Gradually.
Bitcoin is the most powerful coin and it will rise tremendously in future.
Can't say that for Sure @wowearth
Bitcoin should go up in price.
That it should. everyone is Hoping for it to Happen.
Many altcoins have tried to make it better than Bitcoin. Segwit is rising and Lightning Network is almost a true reality.
I feel like BTC could go a lot farther only if their Core Developers start acting rather than Debating.
I hear they Debate a lot. I know its good to Contradict so as BTC remains Intact but they should Act once in a while.
bitcoin is done as a coin for payments. LTC is the new king
Give me a High Five for that @ghua.
I feel like BTC is just a Hold of Wealth nowadays especially since Litecoin is Crushing their Goals one after the Other.
good post
Thanks a lot @preety I hope I will see you again on my Blogs.
Hoping to see that BTC gets its glory back in the coming days !
I think it will take at least one more Month for BTC to get to its Previous ATH.
Although I could be totally wrong about it.
It might be or might be not but we all be happy if it does ;)
Yes, that we will be.
I hope it will be.
It is rising for now but I don't think Bitcoin can Hold its Dominance for Long.
Same here.I am also thinking same to you.
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