Many of us may have read that 2018 will be game over for bitcoin.Every now and then have seen that every Tom, Dick & Harry Coin claims that their blockchain technology is better than bitcoin and they will solve the real issue with bitcoin network but in reality no one is even close to that.
Is there a alternate to bitcoin to replace it?
Can this crypto economy survive without bitcoin?
I know a lot of people look at the recent BTC dominance level, and remember where it was a few months ago and start thinking that maybe one day BTC will get completely outdated because of high fees, and slow transaction, and will eventually be replaced. I don't really believe in this, because right now crypto does not seem to survive without bitcoin. There are more pairs being created with Ethereum for example, but BTC is still the principal gateway to enter other crypto as well. Every time BTC crashes, all the alts get hit hard, regardless if they are having good news or not. I don't think this will change in a near future, and if BTC collapses, so will crypto.
Yes..Many of the Newbies join the crypto only bc of BTC popularity and many stories of people becoming rich with it. If BTC is to be replaced it will be near to impossible to restore that trust that people have with Bitcoin.