In my own observation on these past few months,if the bitcoin price in the market goes down,all other coins are also down. Other coins will remain,if bitcoin's totally died?
Any opinion please!...
I think the market will be reset if the crpytocurrency standard dies. The bitcoin is almost the foundation of many cryptocurrencies or altcoins. Sometimes it dictates the market value of others. If bitcoin will die, there will be no standard cryptocurrency space.
I have the same thoughts with you. If bitcoin is really dead then not necessarily the other coins die. The market will experience a reset. All systems will change on a large scale. Maybe when this happens, the market will experience a temporary vacuum. The market will stop for a moment to adapt to the new system. After that, the market will start again, the market will start from zero. when it came the crypto currency was like experiencing a new chapter in life. The absence of a standard cryptocurrency currency will only last for a while, just for a moment. I'm sure the market will recover and start crawling up again. But my hope is that bitcoin will never die because as the first crypto currency, bitcoin holds a great history. Indeed when bitcoin dies it will shock everyone and cry. This condition is like a condition of losing after the war.
Altcoin will have a great opportunity with the demise of the Bitcoin. because many of the Altcoin who want to occupy the position of the Bitcoin main coins and become valuable. so with the possibility of the Bitcoin die Altcoin will replace the forward position of the Bitcoin and controlling the market.