BTC has been rapidly losing market dominance. This is happening because there is already a 1%’ers club forming. Be smart and hold Alts. BTC will fall and it won’t be pretty. When the flood gates break, Alts will make you very very wealthy. Look at what happened in May. The Flippening almost occurred, it’s not a meme. I firmly believe this is top of BTC’s final bull run.
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Jason Mitchell
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Brody Moore
Bump.
I’m surprised nobody ever talks about this. I’ve been stocking up on ETH and other alts for the next dominance dip.
There are essentially two type of BTC “crashes” that have been occurring more and more this year. 1) when people cash out to fiat and leave crypto completely (like last month) and 2) when people pull out of BTC and move into Alts.
What is deceiving is that BTC can still go up in price like it has (temporarily) while still losing dominance but when ETH or any other alt (possibly ripple as its #3, that blue graph) overtakes it, we will see a huge shift and changes in price. BTC can very well drop to $300 in the flash of an eye. When this happens, Alts will make you fucking rich.
Logan Jenkins
Inb4
>hur dur btc is king
Daniel Reed
BTC is the only coin people recognize. It's the only one that's gained even meager use and acceptance as a bona fide currency. It is the base that has allowed for all of these other meme coins to spin off and even be considered in the first place.
The only way a "flippening" happens is if crypto gains serious acceptance and use globally (which is like at least 10 years away), and BTC finally gets abandoned as an archaic form of it.
But as it stands, crypto is still at phase 1 of becoming accepted and stabilizing
Camden Mitchell
BTC will be on 90% dominance again easily
Jordan Allen
I believe in you OP.
Kevin Martin
A. Bitcoin never corrects more than 10% in a day and stays king.
B. Bitcoin corrects more, Bitcoiners mostly just hold it.
C. Bitcoin corrects more, Bitcoins move their money. Fiat or alts?
How much correction could bitcoiners stomach before they put their money into alts or fiat? That is the question.
Levi Robinson
BTC will never lose the #1 spot nor will there be a flippening unless crypto as a whole becomes widely used and accepted. It would require another coin to have a significant percentage of the total market cap where investors would feel confident in moving their holdings to that new coin. Ask the average user about Bitcoin. They know what it is or have heard of it. Ask them what any of the top 10 coins are and i guarantee you'll get a blank stare. BTC isn't going anywhere anytime soon.
Alexander Russell
BCH, BTG, B1X, B2X - which one tho??
that's the problem
Christian White
The future is ETH, Zcash, IOTA, a shitcoin I won’t name yet, PIVX, and Particl. Mark my words.