Bitcoin's dominance wasn't as good as it used to be.

in bitcoin •  7 years ago 

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Bitcoin's dominance in the crypto-space has been down since the end of last year at 36% as reported by the Dollar Vigilante on the subject of why cryptos have been down. The reason has been due to currencies having pull backs, which have been happening in the past five years as reported by the Dollar Vigilante. Higher transaction fees, slower transactions, and developers leaving Bitcoin core to join the Bitcoin Cash development team, Bitcoin has been going down in price. Bitcoin, a few months ago hit an all time high as expected of $20,000, and has went down by $5,000.

Ripple (Banker Coin) and Ethereum have been the top players that have helped risen the market at over $800 billion as reported by Coinmarketcap.com on their website for all cryptocurrencies' market capitalizations thus far, and we are still see those numbers continue to skyrocket to $1 trillion.

So far, millions of people around the world have seen the value of cryptocurrencies and have begun to put money into cryptocurrencies. But I wouldn't consider Ripple, since it isn't a decentralized currency. Ripple has based its model around the central banks model of centralization. That is the opposite of what cryptocurrencies, which are decentralized from the global banking scheme. Many countries today including the U.S are still experiencing many problems economically by the central banks and their schemes to rob this world blind through manipulation of the money supply, and printing without limit, which will lead to total collapse. But, there is hope that humanity can wake up and realize that they are being played by the system, and not participating in the scheme that hurts us. By arming ourselves with the correct information and with a little gold, silver and some cryptocurrencies, these bankers' model will collapse, and will no longer hold dominion over us, because we're the boss. We can either give it power or let it collapse. God bless everyone and God bless the blockchain.

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