You are viewing a single comment's thread from:
RE: Bitcoin is at its all time low in terms of Dominance (36%)
It is only the second day of 2018 and indeed bitcoin as a whole is losing its hold on leading cryptocurrency. I think this is important to mention because a lot of exchange pair trades and a lot of crypto involves btc. When btc no longer leads then what will happen? Would it be a good thing or a bad thing? Seems more and more certain this day will come. Thanks.
Answer to your questions depends of what you call good and bad. I think it is gonna be good.
I would clarify crypto currency in general. Indeed I believe it would be good too. Btc I think will still hold significant value in the long run because it is the most aware of crypto on the planet. Losing market share will not mean drop in price. Just my personal opinions. Thanks.