Quote from: legendbtc on Today at 04:57:41 AM

Quote from: bitzizzix on October 09, 2023, 05:43:46 PM

And I have to agree with the fact that Bitcoin will now and forever dominate the cryptocurrency market and remain strong, as we know many previous events have disrupted Bitcoin and it is also predicted that someone will replace Bitcoin's position, but Bitcoin remains strong.
In the future, there may be more coins entering the market, but bitcoin will remain the main one and continue to dominate the market as its popularity and interest will continue to increase. And Bitcoin is the only blockchain-based cryptocurrency that has been built since its inception. In terms of market capitalization, Bitcoin is the highest market capitalization that cannot be replaced.

Bitcoin's dominance in the market will never go away as it is the only decentralized currency with the best security. Bitcoin's dominance will only be shaken or replaced unless there is a coin with superior features to bitcoin. Otherwise, bitcoin will forever be the king of the cryptocurrency industry. As for current altcoins, they are a centralized mess, and were created for the purpose of pumping and dumping, they do not bring any practical utility or application to us. None of them are qualified to challenge bitcoin's throne.

A throne indeed, Bitcoin has certainly set a standard for itself out there in the crypto space and many people are still in the crypto space because of the reliability of Bitcoin. Although most of these altcoins are shitcoins but there is still a fact that we can't deny About some of these coins and that is the ability of some of these coins to also pump very high along with Bitcoin during the bull run and if you lucky to purchase the right coins you can also make lots of cash from their pump although it's very risky because the same way they pump so fast that equivalently the same way they dump so fast too.