Beautiful | 08-14-2018 01:57 PM | Re: Goal: No Sell Bitcoin 2018 Quote:
Originally Posted by slokor
(Post 933490)
Youll first need to convince people to give you $100 Mil to get to that market cap. Not as easy as you might think friend. | What I meant to say was that the market dominance is a bit inaccurate because they represent the entire 5000 coins out on the market
When in reality its really only the top 40 or so coins that actually have relevance and are being used.
As more and more of those 1000s of useless coins came out, the market dominance went lower on Bitcoin, so we are left with a number that isn't really accurate (~40-50%)
I think between Bitcoin and Ethereum they represent close to 80-90% of the current crypto space, the remaining 10% or so go to the other top 40 coins. If you look at the popular alt coin prices today they are nearly all back down to pre-decemember prices. We might be close to the bottom of this shake out but who knows really. I honestly think we're close to that bottom figure for Bitcoin |