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RE: The Big Long - Update on the Bitcoin Dominance Bear Market – 04/06/18

in #bitcoin7 years ago

Interesting analysis of bitcoin and the total crypto market. Question in my mind: Will Bitcoin's fall in dominance be due to the fall in the price of BTC or due to the increase in the value and number of other crypto coins?

I see you like POS over POW. Etherium is moving to POS, supposedly/hopefully this year - do you see the price of ETH rebounding once they initiate POS?

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Long term it is anyone's guess whether bitcoin rises or falls in value. With all of its flaws, it is still better than fiat.

I see the value of POS systems as a whole gaining long term. If ethereum can maintain an edge in the market, then it should do well.