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10656161 No.10656161 [Reply] [Original]

Bitcoin Dominance over 50%
Top 10 coins are worth 85% of total marketcap (10 coins worth over 180 billions, total marketcap right now 214 billions)
Rest of 1,808 shitcoins makes up for only 15% of total marketcap.
1808 coins together are worth only 1/3 of BTC.

Say anything you like about the numbers but I see shitcoins are finally disappearing and we will have a fresh new start. The complete purge is imminent. If you want to survive buy BTC and wait for the purge so we can have a fresh new start.

>> No.10656322

I agree.

>> No.10656329

dominance means nothing

if you want true "dominance", then plot against volume, not market cap. hundreds of altcoins will die with millions upon millions of market cap, and zero volume.

btc "dominance" only shows you how much hype there is around altcoins, which are all a very transientory phenomenon

>> No.10656333

100% correct. dumb brainlets fell in love with their shitcoins last run cause it gave them green dildos up their asshole. those green dildos turned red and they emotionally invested cause of past orgasms. stick them out your ass you faggots

>> No.10656346

>>10656161
Dominance will unironically cross 60% by September

>> No.10656363

>>10656346
more and more coins will disappear, either by people dumping and buying btc or people holding then losing everything.
either way btc will survive and become stronger.

>> No.10656366

>>10656363
alts will get another run once market confidence is high and btc is strong and pumped again and that’s how the cycle goes, before then wouldn’t surprise me if dominance goes closer to 70% especially when etfs eventually approved

>> No.10656379

>>10656366
possibly yes but I don't see them becoming strong as they used to be. they will never take that part of the market they used to have.

>> No.10656380

This is what will happen. Bitcoin. Ethereum. Chainlink. Everything else is going to fucking die off, except for whatever other platforms, utilities, and currencies, manage to actually gain a hold.
Bitcoin, the first decentralized currency
Ethereum, the first decentralized smart contract platform
Chainlink, the first decentralized Oracle network, unironically built from the ground up to make this entire system actually useful and profitable for the institutions that will use it.

>> No.10656387

>>10656161
Keep your BTCore boomer coin, I only buy shitcoin. Huge discounts while you buy BTC high

>> No.10656400

>>10656379
Agreed, btc dominance won’t go below 50% ever again especially w the etf

>> No.10656409

>>10656380
link is garbage everyone including me sold their icos bags during sibos stop getting memed

>> No.10656415

>>10656387
alts are for boomers that missed out on bitcoin. every early adopter has a huge stack of bitcoin. think about that.

>> No.10656422

>>10656161
Id love nothing more for this to be true but I highly doubt it. When you have 3 autists in parents basements running projects living off Ramen and Code Red... Not exactly enormous overhead, they just have to wait out a year tops for the next bull run and then dump.

>> No.10656426

>>10656380
>Bitcoin. Ethereum. Chainlink.

How hard are you shilling for your shitcoin right now?
WTF is even a oracle network.
Does it predict the future?

>> No.10656439

>>10656415
I've been in since 2013. I lost faith in BTCore's lack of innovation because they want to be a 'store of value' above being a usable currency.
If I wanted a shitty store of value that had questionable merit I would just buy gold.
I want to help change the world through crypto so I cannot support Bcucks anymore.

>> No.10656466

>>10656439
>2013
so you got in late along with the majority of laggards, now you're bitter you put all of your money in bcash and inevitably lost it because you fundamentally misunderstand what makes bitcoin valuable.

you are the reason people like me are still hugely wealthy even in the middle of a bear market like this.

>> No.10656472

>>10656439
you just supporting scammers this way.
99.9% alt coins are just pump and dump schemes.
btc might not be the fastest, cheapest etc but still..

>> No.10656479

>>10656466
First used BTC in 2011 as a currency. It was shitty then in exactly the same ways it's shitty now, because BCore cucks like you only care about the fiat value of your stacks.
You were supposed to change things not just wall off your garden and join the scammers.
I won't support that.

>> No.10656494

>>10656479
yeah, just keep rolling back the dates. you're not fooling anybody, and nobody is buying chink shitcoins.

>> No.10656501

>>10656472
I'd rather join a coin that is attempting to innovate than support stagnation in an emerging field.
Keep your bcore cuck bucks, time to buy more low cap and micro cap where the devs are still trying to solve (layer 1) adoption.

>> No.10656508

>>10656479
BCash is a fucking scam, anyone with half a brain can see whats going on.

>> No.10656509

>>10656494
I used it in 2011 and bought as an investment in 2013. Sold all of it in October because Bcucks are risk averse in an emerging field and it makes no sense.
BCash should not have been a controversial upgrade. POS should be being considered.

>> No.10656516

>>10656501
they are not doing shit, they just send tweets telling you they are
most of them are incompetent scammers
you must be so delusional thinking to buy micro cap coins so one day you'll be billionaire lmao
you are worst than a gambler. so retarded

>> No.10656532

>>10656508
jihan scammer has a million bcash won’t end well, guy isn’t satoshi

>> No.10656541

>>10656516
I don't sell for fiat. This is a one way road.
I also review github activity, do my due diligence. I'm not just buying pivx clones (although I do sometimes if the community is good, like AERMX).
Plenty of innovation that is not being supported right now. It's the only way to win the long game, being a shitty currency with a questionable value prop while ignoring innovation can only go so far.

>> No.10656548

>>10656509
Exact series of events. Eerie.

>> No.10656557

>>10656380
Don't overlook XMR, the only truly, provably private currency.

>> No.10656754

>>10656557
No, i havent. I actually started to write how i was also bullish on monero and 0x. But deleted it.

>>10656409
Link is one of the only cryptos that ISNT garbage, dipshit. And no, not everyone sold their bags. The top holders just keep buying more and more.

>>10656426
Ok, i can tell that you're a pajeet from your broken english, but anyways, an oracle is a middleware that brings off chain data, on chain.
Basically, as crypto exists now, all this potential and all this technology is locked inside of itself. Ethereums smart contract capabilities are only able to function with anything else that's onchain, ie, the plethora of shitcoins out there that dumbasses speculate and bet on.

So. If crypto is going to work at all and be useful at all. One of two things must happen. We must either swap to an all crypto/token economy. You want to go to the dentist? Better get some dentacoin. (This scenario is highly unlikely, and the root of the arguments you see that call 99% of crypto bullshit)... OR.... we must find a way to incorporate our current systems into the blockchain and DLT. Enter chainlink. Chainlink uses a decentralized, trustless network of oracles, to deliver offchain data onchain utilizing tamper proof smart contracts.

Chainlink will atleast reach parity with bitcoin and ethereum, if not surpass it.

>> No.10657009

>>10656380
Oracles? Chainlink? Listen, I'm Romanian and I can tell you the last thing you want to invest in is a Gypsy coin.

>> No.10657104
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10657104

>>10657009
Stop. Ok. Just stop. This type of low tier fud can only hope to work on maybe reddit.

Does this look like a gypsy camp to you?

>> No.10657116

>>10656557
Upcoming Bitcoin (BCH) updates will make shitcoins like XMR and Link redundant

>> No.10657587

>>10656380
what about nimiq? its the first webcoin