Thoughts on Bitcoin's Market Cap

In past bear markets, Bitcoin's market cap dropped to 40%. So why hasn’t it hit that level again in this current bear market? Do you think it will fall to 40% in the next few months, or is that kind of drop off the table for good?

It is Bitcoin market dominance in cryptocurrency market, not Bitcoin capitalization. You used an incorrect term for it and you can easily get Bitcoin dominance from https://coinmarketcap.com/charts/bitcoin-dominance/ You have to know that Bitcoin is a strongest cryptocurrency and its strength as well as domination shows best in bear markets. Altcoins are very useless and weak so during bear markets that usually last for about 2 years, most altcoins scammed exit, died, abandoned or simply ignored to deaths by altcoin enthusiasts. This painful deaths of altcoins in bear market mean total market cap of altcoins in cryptocurrency market drop a lot and it helps Bitcoin dominance rising a lot during bear market time.

My chart is also called Market Cap BTC Dominance and by the way my chart gives better result for bircoin 59 % while your chart is 58 % now. But here is a problem. Many people keep their bitcoin on chinise exchanges. And the owners of the exchanges (it is my personal opinion) use that bitcoin for manipulation so their own coins BNB and TRX show better results than bitcoin for years. It is impossible to stop them now. How it is possible I'll write later. There is also a lot of "market makers" who are hired by altcoin projects to pump their coins. "Market makers" also trade against bitcoin but now only as pump and dump schemes. Can we stop their cruel activity against bitcoin? Or we don't have enough money to buy bitcoin now and they again will win dumping bitcoin domanance to 40 %?

^ It's a natural process of ups and downs, there is nothing cruel to it.. Just hodl through and be happy, OP.

Don't jump to conclusions. The bear market has only just begun. It's not yet clear what will happen in this market or how far bitcoin will fall. The results will only be available after the bear market concludes. No one can say for sure whether there will be a decline in the coming months or whether a 40% drop (or more) will ever happen again. Anyone can express their thoughts on this matter here, but what benefit will these comments bring, as no one has the ability to predict with 100% accuracy. Therefore, this will all be empty chatter.

Speculation time, just like all the other times during the Bear taking its toll on the people's psyches

It is still too early to determine the percentage difference because the current market situation is still in its early stages. If you think that the previous bear market saw a decline of up to 40%, then this bear market could see a greater or lesser decline. To get an idea, you can use a formula to calculate the percentage decline that will occur in this bear market. Don't be too hasty. Anything can happen beyond what is predicted.

Not sure though what market cap is considered a measurement in terms of what we are seeing in the market. Obviously, when it's in a bear market, we might see some deviant on some numbers so it could fall. But regardless on how big it is, it will not totally represent how huge it is compare to the previous bearish cycle. So I wouldn't put too much emphasized on it. So maybe we can fall like 60% and still the Bitcoin capitalization in the highs of 50% or lows of 40%. Maybe you can look at the previous declines in the past 2 bear market and see how huge the decline is and maybe you can predict what will be the lowest low instead of Bitcoin's market cap.

This is a bitcoin dominance chart from the beginning, and if you notice, there is no connection between bitcoin dominance and price cycles, as there is no clear connection between them and the price of bitcoin. So, there is no reason for us to predict that bitcoin dominance may decline further, especially since the number of altcoins increases and their efficiency decreases.

Large institutions contribute significantly to market cap and may even dominate. They are typically conservative financial firms with more thorough planning than retailers. They would hardly shift their balance sheets to altcoins, especially just to create FOMO.

I know of two or even three ways to prevent Bitcoin's dominance from falling: 1. Don't store your Bitcoin on Chinese exchanges, so they don't have the opportunity to manipulate it and inflate its value. 2. Start buying Bitcoin, even in small amounts daily, weekly, or monthly. This will be profitable in the future and will help prevent a further decline in Bitcoin's dominance. 3. Buy a Bitcoin mining device. Even a small heating device costing under $1,000 can help you accumulate Bitcoin and strengthen its position.

BTC is much more prefferable for them.. i see only smaller firms taking something as alts as to go forward with them mostly. bigger ones will push btc because they can and it's much more stable to do..

It's great.  It's awesome, I've never seen it better.  Market capitalization is one of the most important metrics out there for any asset. Absolutely.  Any corporation that buys extremely volatile assets that haven't existed for that long and are comfortable taking extreme risks with shareholder value should be the textbook definition of conservative investors, and no doubt they've thought about decisions like that for years and have planned for any eventuality.  Spot-on. LoLoLoL From afar and up close, I see bitcointalk swirling down the shitter where many discussion forums of old can be found stuck somewhere in the basement plumbing, nevermore to be seen.

Me and family loves it too. We talk about it all the time - at the dinner table, at work, on vacations

*cannot tell if joking*

and that sentiment is reflected in the fact that the topic of Bitcoin market cap only comes up occasionally on the forum. Nearly everyone realises that it doesnt matter, some are intriqued to know the market cap and how it compares to whatever. On the occasions I visited the site coinmarketcap in the past is was literally to check past and current Bitcoin pricing and maybe a few times to check the TOP10 to see how my $hitcoins were performing . . . in 2017

I just want to do something good for bitcoin. In the chart I published bitcoin dominance is falling. We can do a few steps to strengthen Bitcoin. I don't hold much bitcoin, but I can spend 5 bucks daily to buy it while the price is cheap.

We see the way the market dominance for bitcoin is appearing and this may serve as an opportunity for some to quickly grab for an investment, because we are interested bear season, while some are selling already all to ensures that they also reinvest back and buy the dip as well for a profitable investment, the long term value is what will always keep the market dominance more affordable for potential investor to always consider Bitcoin over any other.

That's your wish, the way Bitcoin market capitalization works is not like that, for investors and large companies who invest in Bitcoin the price of Bitcoin has now fallen very far, from the total Bitcoin price of $120k to $$67k, meaning that today Bitcoin has fallen $53k from the existing ATH price. Do you want the price of Bitcoin to fall another 40%, do you want the price of Bitcoin to reach $26k? This is too much, I'm sure even though the price of Bitcoin fell to $26k, you wouldn't do anything, apart from looking at it and watching and then commenting on it. Actually, the current price is a good opportunity for you to do something about Bitcoin, if you understand Bitcoin's current market capitalization.

that's the best part