Do you think Bitcoin will remain the most dominant coin both short and long term? Even though it does not remain the most dominant coin, this will not be the same as saying that Bitcoin wont exist long term.
It really depends on the status the status of cryptocurrency in general. If the government issued or implemented a law prohibiting/banning cryptocurrencies, then bitcoin and altcoins would die down together. But if they ban specifically bitcoin (which I think is absurd), then altcoins may recover and take the spot at the top. Another thing, bitcoin has been around for years and it has built its foundation and reputation due to its revolutionary payment system and transactions. In the event that altcoins develop a system that overpowers bitcoin in every way, then they might have a chance.
BTC will defiantly be around for the long haul. The market seems to fluctuate based on BTC so it obviously holds major weight and will continue to hold major weight in the cryptocurrency space. I have BTc being dominate for at least the next 3-5 years.
Definitely. Bitcoin would still dominate the market maybe 5-6 years from now depending on the circumstances of cryptocurrencies in general. But there is always that possibility of altcoins taking the spot at the top if the factors call for such possibility, like an imposition of a world-wide ban on bitcoin specifically or an enhancement in the blockchain technology that beats in bitcoin in every way.