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?
You think that there's no competition among cryptocurrencies. You have to realize that there is. It is just that majority of supposed Bitcoin investors are clueless as to what is really happening. They are clueless since they are treating Bitcoins as though they are shares of stock. It is not. They converting Bitcoins into whatever hoping that will get profits from changes in the market as though they are Forex traders. Bitcoin is not fiat. The trend nowadays is due to ignorance. Bitcoin is a different animal.