Quote from: Koro-Sensei on November 09, 2021, 03:36:25 PM

Quote from: proTECH77 on October 27, 2021, 04:20:09 PM

Today I took my time to go round the market, there are more than 9000 cryptos in the market, but bitcoin is still the king. Now that many other cryptocurrencies are seriously pumping can they take over from bitcoin? If they take over from bitcoin can they last in that position like bitcoin?
What is your opinion.

No one can match bitcoins dominance. No alts can even reach what bitcoin has reached already even the great Ethereum itself. It's widely spread throughout the world and institutions are into it. Even countries like El Salvador now accept Bitcoin only and not any other alts as a legal tender. It will continue as that and these 2-10 spots will surely change places as time goes by.

in market capitalization it is clear that currently the value alone is $1,265B+ and the closest to bitcoin, ethereum alone, can only be 3/5 of bitcoin. the possibility of being able to catch up will almost certainly experience very severe obstacles.
so it is natural that bitcoin is said to be the king of crypto to date.

it seems that everything when talking about crypto is definitely related to bitcoin and rarely says anything else. yes, i agree with you that countrie like elsavador only accept bitcoin because it is very profitable and indeed now they receive that profit from buying bitcoin.