I'm not referring to the price of Bitcoin (we all know it's going to be $250,000/coin by 2022), but the goal that it would be a legitimate alternative to inflationary government fiat currencies. When the altcoin market is examined, it is inextricably linked to the price of Bitcoin. Where Bitcoin goes, so does the rest of the cryptocurrencies. There's even somewhat of a dismissive attitude toward other crytpos in some investment circles; strangely this was a similar sentiment held by those "respectable" investors when Bitcoin was in its infancy.
What do you think? I'd love to hear from some crytpo veterans.
I do not want to talk about the price of bitcoin as it is difficult to forecast, the current price is falling but it almost does not reflect the market but only reflects the buyer and the seller. The goal of bitcoin is to become Payment facilities are accepted everywhere and used. If everything goes in the right direction it will achieve the goal