Yeah, Bitcoin is the King. But the throne of cryptocurrency will not be fixed. As i see, ETH technology is better than BTC technology. I wonder if our king can resist the outbreak of ETH. Today, the number of altcoin based on ERC20 technology is increasing rapidly. It means ETH is having a huge impact on the cryptocurrency market. Bitcoin will be more difficult than before to maintain its own position.
But maybe I'm wrong. The faith represents the value of that coin. And everybody have faith in Bitcoin. Anyway, it's hard to predict the future of the market.