Topic: BTC VS All other cryptocurrencies. (Read 190 times)
The bitcoin is the best cryptocurrency that ever made and ever existed in the world,and i think no crypto can pass the works and the achievements of bitcoin,even the ethreum is very far to reach out the bitcoin,and it is very hard to determine how bitcoin internalize and works in our lives,unlike other crypto that is very easy but no good payback or good feedback,and only bitcoin does a good job in terms of changing peoples life in a blink of an eye.
Can't say its sort of possible in today's date because vanishing all crypto would mean that we are back from where we started in blockchain. Altcoins(atleast some of them) have brought quite new innovative solutions in blochain technology which is a reason why people have some increased confidence over cryptos so cant say bitcoin would survive quite well without cryptos.
Bitcoin is the pioneer in crypto currencies.Only the altcoins are in need of bitcoin and not bitcoin.Bitcoin would continue to survive.Those who now buy and trade altcoins would have no other option than buying and trading in bitcoin.Bitcoin demand would increase and hence its price.If there are no altcoins,then there is no room for diversification of investment and so all would have to invest only in bitcoin.
If somehow all cryptocurrencies vanished OR went out of business, how will that effect BTC other than raising its value and demand?
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