Bitcoin will still be King! Do not panic

As Bitcoin reached $ 20,000 just before Christmas last year, he was unstoppable in both his growth and dominance, but since then he has fallen in both ways as experienced altcoin has opened the new year.

The original cryptomoeda saw its domain fall to below 33 percent as others like ripple, stellar and tron stole part of the global pac.

However, already on the return track, the belief is that bitcoin will still be the market leader until 2018.

Erik Voorhees, CEO of DIGITAL Asset Exchange Metamorphosis, said that there has been a decline in the domain of bitcoin in transactions for a year on its platform, but that bitcoin is actually benefiting from the growth in altcoins.

"Bitcoin has such magnificent network effects that I do not see another altcoin that is a bit better in payments" or some other function at the moment, the global director of autonomous fintech, lex sokolin said.