I just wanted to get your opinions on this one , what do you think Bitcoin would be if there was no Alternative coins such Litecoin & Dogecoin and the others ...
I mean it would be better with or without them Bitcoin would have no value at all ?
Why would Bitcoin have no value at all when there are no altcoins around when in fact altcoins are the one who needs support from Bitcoin,Bitcoin can stand alone even if there are no altcoins around ,the fact is these altcoins around are only clone,if bitcoin is a close source we will never had a single altcoin running.
I agree bitcoin is not dependent on altcoin market. So even without altcoin bitcoin will survive. And besides bitcoin does not have only altcoin as its trading pair, actually bitcoin is also paired with other currencies like USD, Euro, Peso, etc.
Yep, bitcoin is independent currency. if bitcoin was alone in the crypto world, the price could be $900+(stable)? a lot of money has been invested in altcoins, imagine what would happen if all the money goes into bitcoin buying.