The Bitcoin dominance decreased back to 43.6%. I think the tendency towards alt-cons is going to continue as more people realize that there are coins that costs pennies to transact compare to $30+ Bitcoin fees.
You are viewing a single comment's thread from:
The problem with that logic is no one is using altcoins for transactions in most cases and that for a lot of them, they wouldn't scale all that well too if they had to deal with Bitcoin's level of transactions. Not saying that's true for all of them obviously, but a number of them. Even if they could, there are other issues that come up when dealing with Bitcoin's scale (which is still fairly small on an absolute basis).