Most of the speculators before and even now are saying that if Bitcoin goes up, then altcoins goes up as well and good projects perform well. How true are these speculations if there are different technologies or plans for each cryptocurrency?
These are not speculations in my opinion, but facts. Always bitcoin goes up, altcoins follow the tendency and show positive fluctuations as well. That is a signal the market is optimistic. And the most benefited crypto currencies are the ones which have the most elaborated features and purposes (maybe I could say technologies and plans in your words), always thinking on the future of crypto currency universe, its improvement, accessibility and performance.
And the fact that bitcoin is not even the first cryptocurrency.
Bitcoin is the first crypto currency, or am I missing anything here?