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? .
Not all altcoins are inversely proportional to bitcoin. Da altcoin which follows bitcoin prices such as ethereum, namecoin, litecoin, NVC and PPC. The example of altcoin I mentioned has long been learned and consistently altcoin above always follow the fluctuation of bitcoin price.
Bitcoin and altcoin are two interrelated elements, the factor that bits the bitcoin up in a duct is the altcoin that always sustains it from below. Even I think if there is no altcoin, maybe a bitcoin will die.