Now a days all alt coin markets has been dumping and dumping without any simple pump for the btc price increasing.So just i want to know that can bitcoin destroy the maximum type of alt coins market?
Although the market of other altcoins is dumping without any pump in btc prices but if we take a closer look we will find that after a while they became stable and the point of vanishing the altcoins or other cryptocurrency by bitcoin seems not possible as they have their own value and everyone cannot trade in bitcoin because of its price comparitavely and at the same time bitcoin needs other coins for transaction and smooth working so they coordinate with each other.So there seems no logical explanation of eradicating the altcoin market which constitute billions of dollar by bitcoin.But who knows what happen next as future is always is uncertain.
As market of altcoin is already red bitcoin take them to the earth and if the same scenario continues altcoins will be wiped out, now as bitcoin has high fame and a lot of investor there is no chance that people will go for any other coin because bitcoin profit rates are very high and altcoin are already suffering due to high rates of btc and if unfortunately price of btc come down then there will be a chance for rise of alts.