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RE: Bitcoin continues to lose dominance. 37 crypto currencies with over $1 billion in Market cap. I've also joined a small team of investors looking for good cryptos

in #bitcoin7 years ago

People Still invest in Altcoin Just To Increase BTC balance :) When Btc Start Increasing People Sold Altcoin for Btc To benifits , After BTC Stabilizes They Go Back To Altcoin .. at This Time People Focus More in cheaper ALTCOIN , XRP XLM XVG DGB .... Focusing More in ICO , When The King Start Increasing Again Altcoin Will Drop , all about timing You Will Make Profit in both Side :) now XRP 145,358,181,469 & this is Great in My Opinion To make bitcoin wake up by Threatening his place :)

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I don't think Bitcoin will ever reclaim a bigger market share again. It will slowly drop down towards 10-15% this year which is the target. But that does not mean Bitcoin will not continue to go up in value. I think it will. Just not that much. I have target for Bitcoin at $25,000USD in 2018.

I have been predicting that another crypto currency will surpass Bitcoin in the future but if this trend continues it may be sooner then I was thinking. Maybe Bitcoin will make one more run back up to the 50% mark? Not that I want that to happen I have just seen Bitcoin go on quite a few runs where it gains dramatic market share and seems to suck the gains out of everything else for a period of time.

Don't Forget that 2018 Year includs lots of Forks So People Will Sell Altcoin To Have More Btc To get More Profit From Forks :)