What if there is no other crypto currency or alt coin. How does it affect the price of the bitcoin. How high is the value of bitcoin in your opinion.?
Without altcoins, the bitcoin price will be higher than the current price because some people are buying altcoins instead of bitcoin. Some people believe altcoins have a potential in the future so they are buying and HODLing altcoins instead of bitcoin. If to say they are all buying bitcoin instead of altcoins that would help the bitcoin price get to another level.