RE: Bitcoin dominance plummeting

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Bitcoin dominance plummeting

in bitcoin •  8 years ago 

I think this trend is inevitable, there are so many altcoins better than bitcoin nowadays.

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Yeah but Bitcoin is used through most transactions which means it will be needed for a lot more than you may see

The market cap of Bitcoin hasn't really decreased in dollar value yet so it still makes sense to hold bitcoin. There's a whole lot more money entering this cryptocurrency market causing all the other coins to increase their market caps. However I think Ethereum will take the top spot soon enough. Interesting to see it represented in this graph, cheers.