Every time bitcoin price goes up,Altcoin price take a dip.No doubt bitcoin rule the crypto world and sooner or later it will become mainstream.
Once it happens, btc will be worth million dollar.Will then all Altcoin be died?Seems Altcoin price are inversely proportional to btc price, if btc keep rising, will Altcoin keep falling? .
I think that Decentralized crypto cant be killed.Logically, when BTC price go up, altcoin price will rise. There is one moment : If bitcoin price goes down , altcoin price will go down olso, because everyone will change altcoints to bitcoin.I believe nobody will buy Altcoins and prefer btc instead.Even big holders of bitcoin will give up eventually and sell their coins for bitcoin.This will render Altcoins useless and mean death for them.altcoin will help people to buy bitcoin by simply buying altcoin first at the cheap price amount then once the value increase at x10 or more it can be sold as more than the capital they invest.If the value of bitcoin triples, it wont automatically triples the altcoin. More so, a lot of this coins are dumping, which most people will like to hold their coin until it stabilize a little.