I was having a conversation with my friends about crypto currencies and they asked me a question about why Bitcoin price is very expensive and people are still investing in it but other altcoins are still low but people are having a double mind to invest in it.
I didn't talk much I told them that, that was how it was with Bitcoin when it started but deep down me I wanted to give them more reasons but I was short of words so I guess my people here still have something more to say so I would love to hear from you so I can tell them when this topic arise again.
I don't think 'membership' is the correct word for the tittle, adoption/buyer/user/investor, would be better choice. And the reason why Bitcoin price and marketcap keep rising, while most altcoin is stuck and then died, is because the trust and adoption itself, because there are already many people using and invest on Bitcoin so it creates trust for everyone who wants to begin to buy Bitcoin. While some altcoins who are just started has no user so the trust is low, on the other hand we can see popular altcoin like ETH and BNB that already have their own users are able to maintain its price and marketcap.