I think the only bitcoin can make this cryptocurrency market stable. BTC was doing monopoly business over last few years. It's time to do some competition with other good currency. Am I right or wrong?
This is not a monopoly by bitcoin itself, the performance of other coins had led into bitcoin getting a monopolistic state. Coins like TAU, KmD if keep trying to come up with their projects (which they are) then they can also reach there.
Yes, there is no monopoly at this moment. But still, bitcoin taking advantage from 50% market share in the cryptocurrency. What about monopolistic competition? I still fell bitcoin doing monopolistic like De Beers Jewellers.