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52621034 No.52621034 [Reply] [Original]

Bitcoin dominance nearing all time lows. What happens next?

>> No.52621047

>>52621034
>What happens next?
Nothing much, it will just continue to trend downward, slowly but surely. People are waking up to the fact that it is outdated, even actively harmful due to PoW.

>> No.52621052

>>52621034
Nothing. The reason btc dominance is getting low is because btc is shitting the bed harder than the alts. Not because alts are pumping like crazy

>> No.52621062

Alts rug soon

>> No.52621076

its only low because of USD stablecoin dominance and ETH BNB have pumped wrt BTC
rest of the shitcoins are rekt in btc pairs

>> No.52621081

Crypto dies for good

>> No.52621093

BNB flippening

CZ loses it

Crypto crashes

>> No.52621117

>>52621076
I agree, eth and bnb still churning out smart contract hacks and scams, and stable coins bloating the market. I hope bnb and eth get the securities treatment, and have to take responsibility for everything happening on their centralized platforms, and stable-coins start de-pegging.

>> No.52621129
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52621129

>>52621034
>thousands of scamcoins churned out each week, all counting towards "others"
this metric is meaningless when it includes stables and everything below the top 10.

>> No.52621146

>>52621034
Btc does one final dump dragging altcoins down and then pump leaving them behind

>> No.52621175

>>52621034
>dozens of thousands of illiquid shitcoins that cannot be monetized in any realistic way
>FTT marketcap still counted as half billion even tho it's totally illiquid and more close to being worth zero
>people still think marketcap is a meaningful metric
ok

>> No.52621213
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52621213

>>52621034
It continues going down over time into further irrelevancy due to stables and ever increasing amount of alts. You will never see a 65% btc.d again.

>> No.52621246

>>52621117
>eth and bnb still churning out smart contract hacks and scams
what is the connection with btc dominance being low?

>> No.52621256

>>52621047
This. This is the new normal. Why would anyone expect anything else? BTC doesn't actually DO anything, there are now other chains that do which are being adopted by business etc. This time its unironically different.

>> No.52621356

>>52621129
You have a point. It would be interesting to see a BTC D chart without the stables and the lower half of shitcoins included.

>> No.52621411
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52621411

>>52621034
ETH IS INFLATED WITH STABLES, REMOVE ETHEREUM RETARD

>> No.52621431

>>52621034
Next, it'll be regarded as useless chart, like Plan B and Rainbow Chart.

>> No.52621442

>hex one hundred quadrillion marketcap and 20m liquidity with no cex listings
>shiba one gorillion marketcap and 50m liquidity

>> No.52621534

>>52621442
>20m liquidity
more like 3 kek

>> No.52621653

>>52621034
Benjamin Cowen returns to the Talmud for some answers

>> No.52621853

Is there a stablecoin dominance chart?

>> No.52621893
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52621893

Everyone is piled into stablecoins because we are in a bear market. Also, PoS will always be inferior.

>> No.52621948

>>52621034
niggers tongue everyone's anus, perpetually

>> No.52622361

>>52621146
Basically what this post says

>> No.52623502

>>52621034
*Trump voice: You'll find out.

>> No.52624171

>>52621047
>>52621256
what a bunch of nu faggots
If youre not all in btc this coming sovereign debt crisis then you wont make it.