Hey Hive account@cryptovestor, this might be something you might want to add to your toolbelt: https://www.turtlebc.com/tools/buy_percentage?period=3years

It gives a good idea of Supply vs Demand when it comes to BTC. Would like to have your take on it.

When it comes to bitcoin dominance, I personally don't know what to think of it. To me, it hasn't been a good tool to tell me where I should invest or what kind of cycle we are getting into. What I see is a trend downward over time.

Why I think overtime people are moving into altcoins is because some investors in the space are getting more and more in touch with what certain coins provides in terms of additional benefits....would it be SteemPower, Staking NEO or owning masternodes.

For me, as an investor, staking in SteemPower is ridiculously profitable since I'm literally printing money with my votes(author+curation rewards)...why would I trade that with something like bitcoin at this point? I don't have much incentives to do so other than diversification...but I can buy stocks or more stable assets if I want real diversification.