Bitcoin growth bot teamspeak 3
My money is on continuation. It would be great if you could visit my blog from time to time, and if you could add some of your knowledge to the posts that are interesting for you. I'm glad that someone has started noticing the trend now. How the market capitalization is gradually moving from bitcoin to altcoins. I would say its likely cos of the value been added by some of these altcoins as they have better use case than bitcoin.
I expect to be the year for altcoins. True and i like the emphasis on "[quality]". We are having too many useless altcoins without valuable use case, just there to fraud investors. This correlation Is very interesting. Anyway, I kind of feel that once BTC starts crashing for real, it will freak everyone out and everything will start tanking.
I think everyone might cash out to fiat including alts. But a bit after, people will re-enter into good alts such as Steem and BTS of course. To cash out to fiat though, you're subject to capital gains, Is it better to pick some good alts and BTS once the sh.
I still debate this in my head. I honestly need a plan so I can stick to it. Cashing out some profits is expensive when factoring in tax liabilities, no doubt about it, and it might be a much better bet to move those profits into quality alts that have the potential for enormous gains, I agree. I apologize for the amazement of all that I referred to as true my friend but to me this bitcoin libana this requires a lot of time for me it is a great request now We exploit this time to promote me steemit and bring in new investors.
Bitcoin has brought up its market share again as investor go back to established and quality names. The reality is that many altcoins ran up too much; some without having a working product which is very aggressive even for revolutionary technology changes.
As the reality syncs in that a large number of these projects will fail for many reasons money does not solve it all as seen in the dotcom bubble , many investors will flow to those select few that are successful in their projects and benefit from increased adoption.
This will cause demand on the altcoins again, particularly those with low price values per coin not market cap. BTC only began losing significant market share to alts when the 1MB limit was hit.
Many users were driven away by outrageous fees and merchant un-adoption. Also the last time Bitcoin had this few transactions as today was in beginning of At that time, daily transaction numbers were growing. Now they are rapidly declining. This is concerning and is not cause for celebration. However, I would like to point out that most bitcoin holders are not traders, they buy and hold long therm just like I do for multiple reasons.
All good points, but those long term holders may find themselves wishing someday that they had taken more profits. They usually sell when they start loosing. With trading you have act like a robot with no emotions. With emotions involved you get destroyed. Thank you so much!
Bitcoin is the original currency. Like gold it will always be a back up when the rest struggle. So it makes perfect sense that when the alts are going down then people will move their money to the more stable and valued bitcoin.
In the long term I see it acting like a reserve to hold the value of the market as people will have most of their money in the more useful and purposeful alts like steem and ripple. It will always be there holding up the market but more as a stop gap than a functional entity. Oh, I have actually written an article about how Bitcoin is going to be one of the alts even though this is theoretically impossible , but meaning that it will lose so much position compared to altcoins that people will have a hard time spotting it on the list of the cryptocurrencies.
I really believe and will continue to believe it. The technology that Bitcoin is based on is quite old and unable to scale, and without a hard fork to raise its potential, I don't think it will be so popular in the future. It definitely will still be in use, cos it has many uses--being a store of value, for example; even a collectible lol.
Lightening is going to help really well, too. And it might still be popular as the first of all, but yeah the altcoins are definitely going for a hostile take-over. With all due respect, i disagree with your argument, i think bitcoin will still continue to dominate the crypto market for a long time, altcoin will gradually appreciate in value but bitcoin will not lose its value or position to the extent that people will have hard time spotting it.
I personally feel that in time to come there will be stiff competition between bitcoin and altcoin and i still see bitcoin dominating them all but not with the current margin Thanks for your view mejustandrew.
I accept and even appreciate the fact that you sustain your point of view. I have just one queation: As you said, "Other Crypto Currencies" are trending! One more figure I have noted there! Thank you very much for highlighting these figures!
I completely agree with you that when Bitcoin falls, there is a tendency for the altcoins to grow. Here, of course, we can quite assume that in the near future we will see a decrease in the volume of Bitcoin markets and a rise in the influence of the altcoins. For most of its history, Bitcoin was synonymous with the crypto-currency market. But marked a deep shift in the dynamics of the market, while Bitcoin took into account a smaller share of the pie.
This trend could intensify in , as investors open up new uses for many altcoins entering the market. For market participants, some of the most attractive altcoins are those that are trying to overcome the bottleneck scalability and transaction constraints. The decrease of Bitcoin's market dominance is also observed when analyzing its influence on other cryptothermia. This suggests that the market distributes wealth more proportionally to the class of digital assets, which is positive in terms of risk and as you correctly noted, the STEEM and BitShares in this case have excellent prospects!
It might never be able to scale on the same level as steem or other Alts, but i'm almost pretty certain there are plenty big things being planned there too. I reckon the team isn't sleeping anymore than Dan Larimer and the block.
Take Lightning Network, for example, obviously we all know it's a second layer protocol that has been very well implemented on the btc blockchain. And with it comes the possibility of instant transactions between nodes and peers. Obviously this is a sort of answer to the scalability problem.
Now I've heard, though I can't remember from where, that it is naive to think of this as the overall solution to BTC's deficiency, I say it just to prove my point that the team over there are working too. I said I agree with you, though, first because obviously numbers dont lie; and that chart up there shows clearly that the Alts are coming strong; for sure. I think BTC dominance will defintely, defintely fall.
These alts are too awesome to cower under BTC so much like this. Our steem is going places; the plans have been revealed to us. SMTs are coming soon. EOS is full of head turning plans--maximum scalability which BTC with all its Lightning will never be able to achieve; so many awesome decentralized apps that will make ethereum look like a kid.
And of course we know ethereum itself is no pushover, so ya, good year for the Alts, and even better times ahead. I agree that BTC shouldn't be underestimated, just like I recognize that a brand name can have a significant long term impact, but I think it is ultimately be one of many, and in its own particular case will exist mainly because it was the first. Yeah, it seems so. I've noticed this as well over the 7 months I've been involved in the crypto world!
When Bitcoin is going down, people either cash out or invest into other cryptos. The potential is too great here! These 2 cryptos are really undervalued as of currently, and I'm investing into BitShares a bit, because it's extremely low at the moment. It was holding up nicely even when everything else was falling down rapidly, but even STEEM couldn't hold out any longer, I guess! This Others group has the endless source of strength in the form of new projects.
New blockchains and dApps are getting created every day and some of them represent bigger interest for investors. After this I completely forgot about BTC as a way of transfering value and I'm completely happy, cause except avoiding fees I started to enjoy the speed of transactions many cryptos are offering.
BTC tps is at the lowest level for the past 2 years proof: My own explanation is that many people had to try other crypto during high fee season in BTC. They tried and they liked, now they do not want to go back: Now, it accounts for First I want to tell you believe me I do not care about these things..
Bitcoin and Ltc For me, it is just a case in which the offer and demand are discussed and may be reduced at any time I love steem me a lot of reasons for having a family here. I respect and appreciate them. They work to develop society and develop. Here we all go forward. Do you know my friend? If I had a million dollars I would go on steemit.
I want to develop myself the problem I faced that English is not my mother tongue but I try as much as possible to pass my way I see Bts as an opportunity to buy and buy for me. Someone changes his life.
We have to believe that we are the ones who make the change for me. That is why we have to get up and help each other. I offer a generous reward and this motivates the exciting of the members to comment and purely and this is a great virtue of you, we must help others here in steemit me, we all advance there people here are only working for me their personal interests and this does not motivate new members such as the person called haejin has caused a big bang And I see that only works for me the same input more than 2k every day and this is not considered fair we find publications of the best publications of my many and have more benefit and together do not exceed 0.
While I still believe that a ton of cash will find its way into BTC since it is so well known, other coins will see much greater growth as a percentage.
You are very right in thinking that I expect big runs in both. I'm right there in expecting a x in both! And I mean that! Bitcoin is the center of the crypto economy in many ways, and with BTC trading pairs on every exchange, the gravity of Bitcoin is hard to escape.
Bitshares and steem has huge potential.. Bitshares is my favourite cryptocurrency it is more than just a cryptocurrency.. Combined with minimal transaction fees and the decentralised exchange offers phenomenal advantages and will see unprecedented adoption by the financial sector over the next year Even with this system in place, BitShares still has sufficient reserve funds to allow several years of continuous development.
BitShares is not in competition with anyone or anything in the cryptosphere - it is merely filling a void that allows the world of crypto to decentralise the modern economy.
Over the years it is observed that bitcoin is gradually loosing its market dominance to altcoin. The market cap chart indicate that bitcoin is gradually losing dominance and altcoin are slowly appreciating in value. Investors are now exploring their option in the crypto market as they look forward to explore different altcoin this year.
In conclusion The latter statement does not mean that bitcoin is going to be displaced with time, i just feel that in no time there will be stiff competition between altcoin and bitcoin. Dont be surprise to see some altcoin merging to be effectual in the crypto competition. Thanks for sharing this VIP. Incredible discussion you initiated. For me it's a good sign. BTC is the alpha of crypto world, but it doesn't mean it has the power to keep the market dominance.
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