Hello,
Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?
I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?
Bitcoin is available in more markets and is considered the reserve currency of the crypto-currency world. This is the most stable coin. Litecoin can also be considered a fairly stable crypto currency, although it is still very far from Bitcoin.
Bitcoin markets are much larger, and even large transactions do not have a significant impact on the price. There are also over-the-counter sites where bitcoins trade is conducted. Bitcoin's market capitalization is well ahead of its competitors, so it allows for much larger deals.