The "flippening" continues..

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·@stealthtrader·
0.000 HBD
The "flippening" continues..
https://steemitimages.com/0x0/https://media.giphy.com/media/sbe8XAXZ1yQFy/giphy.gif

In the past few weeks since my last post about the "flippening" the BTC Dominance went from 60% to 45.8% to now 38.6% according to https://coinmarketcap.com/ at the time of this post.

![flip flip.GIF](https://steemitimages.com/DQmWW1kYdvshuGDJpi37QXC8uT4rgq3pBAbyKBXRpbMHwC6/flip%20flip.GIF)

Now a lot of people claim that Ethereum is replacing Bitcoin, which is why this is happening, but there is talk that with ETH at this price it is starting to cost too much for smart contracts. 

Not to mention a lot of other cryptos that also have gained A LOT of market cap value since this began.

- Zcash
- Dash
- Monero

Just to name a few.. So I think we are seeing a lot of _real world_ people starting to look at blockchain projects, and seeing the value these projects have, and people obviously want to get in early while everything is still cheap!

Besides the very few cryptos that I have mentioned so far there are so much more coins that used to be less than pennies, and now cost almost $1 or more!

So I think this can _really_ explain why the BTC Dominance is declining, and be careful buying into FUD (Fear Uncertainty Doubt) or FOMO (Fear Of Missing Out) especially before buying into the "Top 10" for sure, because even thought Bitcoin may not be in a bubble.. It is possible that some of these others ARE in a bubble, and we definitely don't want to see a repeat of the tech bubble!

And definitely check out some of the new projects that are out there, because there are great teams and projects working on some great technology, and who knows what the future will hold for the crypto world!

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_Disclaimer: All of my opinions are only opinions, and it is not investment advice. Please do your own research before investing in anything._

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