Right now there are more coins available in the market which gives you more profit than bitcoin.
Bitcoin price is also not stable.
All these factors affect its popularity ??
What you think, still bitcoin is more popular ?
Bitcoin is still the base of all alts . To buy alts you need to buy bitcoin first ,thus it will never unpopular or irrelevant .
Yes other coins might make you more profits but i think of bitcoin as storing value that in the long run gonna make me profits on my assets too.
Bitcoin price might dump drastically if more alts became paired with other coins and there was no need to buy bitcoin first to buy alts.
I agree. I think that it is not losing popularity per se. It's just that the competition in the market now is quite tight that because so many altcoins and tokens are being introduced in the market at the moment. Also, since the price of bitcoin is continuously falling, people are opting just to keep their Bitcoins on hold until such time that it would be better to trade it or sell for a better value. The loss of traffic and usage of bitcoin transaction is realling affecting for its value to go down at the moment. I think that once the value starts to go up, it would amount to another shift of attention from people, going back to Bitcoin like how it was before.