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 ?
In my opinion the users of bitcoin will results into down and most of the bitcoiner will think to exit bitcoin work .
Because in the bitcoin the only one and one way to make money is only trading .
You can think yourself easily because if no altcoin exists in the online money world then it became a complicated task to make money through bitcoin only .
So here altcoins are the main factor of the bitcoin and earning of bitcoin is mainly due to the altcoins .
Herr we can say bitcoin is only a way of payment to make deals between altcoin and nothing .
So people will take less interest in bitcoin if the bitcoin remain in online market without altcoins .
I doubt it will affect Bitcoin in a bad way. The creation of Bitcoin made the idea for other Altcoin to be out in the market. And that existence did not devalue Bitcoin in anyway. And I think if there is no Altcoins in the market Bitcoins price will go Up because the demand for all of the crypocurrency will be only for Bitcoin.