Bro doesn't understand if Bitcoin being treated the same as stock. That's why it's volatile as the value of bitcoin also came from the speculation. It's totally non sense when you linked alts as the main factor why Bitcoin is volatile these days.
IDK where do you get that opinion, but that's wrong.
I wish you calmed to understand what I meant before calling it nonsense... You don't have a monopoly of right knowledge / opinion bro. The fact that u tagged the insightful knowledge that I shared free of charge as nonsense, doesn't mean it will not happen if bitcoin will ever be generally adopted...
Altcoins will continue to influence and drive bitcoin’s price movements.
Sorry, but your statement above is utterly non sense. In fact, Bitcoin drives the movement of alts. When Bitcoin dump, alt dump. When bitcoin up, alt is also up. If your statement said alt acted as arbitrage for bitcoin traders, and not driving bitcoin price. I'd agree with it.
These kind of comments or sentiments do shows that a certain individual doesnt have the idea on what they've been saying or even just simply saying about having no idea on how that simple economic class subject works about supply and demand. Okay, lets say that Bitcoin had solely been that existing into this market but it doesnt mean that its movement will be sitting idle, and as long there's that selling and buying involved then the price will be that having that volatility on which means that the price will be that going up and down and thats normal. If you dont want to deal up with volatility or moving price then you shouldnt be dealing up with any markets. Lets say dealing up with forex or stocks but still you would be able to face up those market volatility. The main difference on here in crypto that the movement is much more that higher when it comes to % movement in compared into those traditional markets but still its volatile. Now that Bitcoin did made out such noise then other developers have decided to create something new to get some marketshare on crypto space and we do know that it is totally independent if we do speak about volume generation because it is consist with those investors and active traders who do keep on buying and selling it.