Topic: Will BTC always remain dominant in the Crypto economy? (Read 107 times)
it is impossible to outrank it because the forerunner of cryptocurrency is the bitcoin itself. But for other coins their value will increase, as you say if more and more people believe in the coin then the higher the value of the coin. Because Bitcoin has a longer history so most people believe more bitcoin than others, it can be said bitcoin as a benchmark of another coin.
I've heard notable people saying that once you can more widely buy alt coins with fiat directly without using Bitcoin or Ethereum mainly first to buy these coins that one day people believe this is how BTC will lose it's market cap dominance. Do you think this will ever happen and when if so? Even if you can buy any alt coin with fiat will people still not hold BTC first being that it is the oldest cryptocurrency? I believe in investing in something with a long track record, of course I own a very few speculative plays however BTC and Ether are my most trusted coins because of their longstanding lifetime. What do you think will other coins eventually outperform these tried and tested giants?
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