Quote from: samy_voc on October 12, 2017, 05:17:49 PM

Today I happen to notice the Bitcoin price has gone up to 5400 level. Why there is no big activity in other alt coins. I feel 54% of market cap is Bitcoin. So does it mean alt coins have no value.

I feel there big inequality or all other all coins in no way par with bitcoins as it is market leader and it is distancing itself from others in Price.

You are right, bitcoin's dominance on the market has grown and I think it was rather unexpected, for more and more currencies were created and getting their bites of the general market capitalization. It's funny, though. Bitcoin was all about being against the center, whereas now it is itself the center of the market, the thing that influences choices of traders and makes them dump the periphery.

Quote from: eodchop on October 17, 2017, 08:31:25 AM

Bitcoin was a crypto pioneer that's why it is stable and reliable. many people believe it. some altcoins are underscored

Yes, bitcoin is reliable and sort of stable. Yet it would actually be better for people to use different coins instead of concentration on this specific one, because currently the transaction fees are sometimes really high whereas the needed time is still very long. Moreover, surely there are lots of coin offering things bitcoin will never be able to offer, like smart contracts.