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.?
it's actually makes sense but unrealistic but the price of bitcoin would expand if bitcoin becomes the only coin in cryptocurrency because we would have few options than to join bitcoin the amount of cryptocurrency investors are large but are being distributed across other coins
Bitcoin would surely have a higher price than today because investors will just focus investing on a single currency. But even if there will be other currencies in the crypto market, bitcoin is not really much affected because it's still dominating the market today despite of the numerous altcoins competing in it. Bitcoin will still be the leading currency.