Bitcoin needs Altcoins as much as Altcoins need Bitcoin

[Altcoin1998$]

If you are an idealist, you believe in bitcoin because it is removing the governments from the money printers, or at least it's supposed to try to do so.
In reality, most flocked to bitcoin to get rich. True libertarian rebels are few ...

Then Altcoins came and kept coming ...

If you are a bitcoin hardliner, possibly focused on a small aspect, and do not see the whole picture, happy with your stach, and want the rest to run after satoshis ... You probably hate altcoins.

Bitcoin needs Altcoins, because people need to believe they can back another bitcoin, without this believe the crypto marketcap would have been a tiny fraction of what it is today.
Altcoins need bitcoin, because it is the brand that regroup them all, the name that promotes them all.

The crypto ecosystem is one, and if you fail to realise that, it means your heart was not in the right place to begin with.

Both Bitcoin and Altcoin are complementary to each other as neither can exist without the other in the cryptocurrency world. If only Bitcoin remains then other altcoins will surely be needed to compare Bitcoin. Again, Bitcoin will be needed to maintain the value of Altcoin. Just like if Bitcoin can be considered as a king then altcoin will be like a soldier or a subject in the king's kingdom because like a kingdom and a king can't run without subjects or soldiers, just like altcoin and bitcoin need to complement each other, one can't run without the other.

[DAMKAR]

Both Bitcoin and Altcoin are complementary to each other as neither can exist without the other in the cryptocurrency world. If only Bitcoin remains then other altcoins will surely be needed to compare Bitcoin. Again, Bitcoin will be needed to maintain the value of Altcoin. Just like if Bitcoin can be considered as a king then altcoin will be like a soldier or a subject in the king's kingdom because like a kingdom and a king can't run without subjects or soldiers, just like altcoin and bitcoin need to complement each other, one can't run without the other.

You are right, We can be said to be a king if there are people.  There can be no king without the people.  Bitcoin is king, And altcoins are the people.
they will coexist and complement each other.  There are many new technologies that altcoins offer, and that bitcoin cannot.
Let's go back to the time when Bitcoin alone, altcoins didn't exist yet.  Bitcoin price is very low.  Meanwhile, currently the price of Bitcoin is very expensive because there are comparisons.  I agree with your opinion.

[Geey]

Bitcoin is a cryptocurrency that is widely used for transactions and many countries have approved Bitcoin as a means of payment. Altcoins need Bitcoin and vice versa. interrelated so that they live with each other. all existing coin prices depend on the price of bitcoin. If the price of bitcoin increases, then all coins will also increase and vice versa.
that's why I say bitcoin and altcoins are interconnected and push each other.

[Mr. Magkaisa]

Bitcoin is a cryptocurrency that is widely used for transactions and many countries have approved Bitcoin as a means of payment. Altcoins need Bitcoin and vice versa. interrelated so that they live with each other. all existing coin prices depend on the price of bitcoin. If the price of bitcoin increases, then all coins will also increase and vice versa.
that's why I say bitcoin and altcoins are interconnected and push each other.

      -   You indeed said this; in fact, you can't call them friends; it's like they are allies because they help each other. This is if a cryptocurrency has potential because if it does not have potential, it will not be able to keep up with the trend that Bitcoin has.

When it comes to dominance, it is said that cryptocurrency is pushing Bitcoin to become more recognized around the world, and when it comes to innovation technology, it is keeping up with other crypto potentials in the market.

[yohananaomi]

-snip-
This is just a figure of speech between Bitcoin as flowers and altcoins as bees because both of them have a way of working symbiosis of mutualism and mutual benefit.

It's like food without seasoning, so they are related to each other and difficult to separate, complement each other, and, of course, need each other. How can Bitcoin run on its own without the support of altcoins? It is clear that there will be no benefits that can be taken; if they are separated and not connected to each other, it is likely that they will be equally worthless and no benefits can be taken.
They have become an inseparable unit and will always complement each other's strengths and weaknesses.

It's a good analogy Bitcoin is not perfect. Altcoins function in improving aspects of Bitcoin.
The presence of altcoins is a cover for Bitcoin's weaknesses in increasing energy efficiency and speed of transactions.
And Altcoins create a better or different version of Bitcoin. Each altcoin has its own “unique thing” it does best.

If we look at ourselves, especially for those who are already married, it is certainly the same as Bitcoin and Altcoin, needing each other and filling each other's gaps that perhaps neither one can do or ask for help to complete.That's right, friend, altcoins were created to be able to anticipate transaction speed and cheap fees compared to bitcoin, but bitcoin is what drives altcoins to move upwards.Altcoins always have advantages, and quite a few are actually destructive, so you have to be smart when making altcoin choices, in contrast to Bitcoin which has certainty.

[aiviaa485]

Trading altcoins and Bitcoin is really needed by the cryptocurrency market because Bitcoin and altcoins are mutually sustainable.
Like the local market and Binance there is also a lot of trading between Bitcoin and altcoins because BTCxUSDT trading is also included.

But many people ignore this because those who are experts in a particular coin do not always say that they need altcoins.
For example, person A is an expert in mining Bitcoin and person A states that he doesn't need altcoins (such as Solana, BNB or Ethereum) other than Bitcoin because he really loves Bitcoin.
In fact, when he sells his Bitcoin on the market and pairs it with USDT, then withdraws it to his credit card, it is definitely included in BTCxUSDT trading, namely trading between Bitcoin and Altcoins.

[Don Pedro Dinero]

I will offer my honest opinion, which has not changed by registering on this forum. I don't think bitcoin needs altcoins, I think it's more the other way around. What I do believe is that in the future some altcoins will coexist with bitcoin, but only a tiny number of the tens of thousands that exist now.

Having a decentralised, autonomous, tremendously secure system (or currency, if you prefer) that is very difficult to censor and confiscate, there is little more need for it. And with the implementation of CBDCs there will be even less room for altcoins, I think.

[Carbitcoin]

The emergence of altcoins was not a spontaneous event, it was caused by a number of problems that leading blockchains face. In general, it all comes down to the blockchain problems, which says that you cannot create a blockchain that provides performance, security and scale - one of these indicators will have to be sacrificed. This means that altcoins solve one of the disadvantages of first-level blockchain networks.

[Google+]

Bitcoin is a cryptocurrency that is widely used for transactions and many countries have approved Bitcoin as a means of payment. Altcoins need Bitcoin and vice versa. interrelated so that they live with each other. all existing coin prices depend on the price of bitcoin. If the price of bitcoin increases, then all coins will also increase and vice versa.
that's why I say bitcoin and altcoins are interconnected and push each other.

Currently, there is no better digital currency that is suitable for transactions between countries, but it should be noted that the costs of Bitcoin transactions are currently very high. Maybe an alternative to paying with digital currency and using cryptocurrency technology could be using altcoins; however, not all countries accept payments using cryptocurrency. Therefore, when you want to make a transaction, you must at least have approval from both parties, and you must be aware that cryptocurrency price movements are very volatile, so if you have a mutual agreement, then the transaction will run smoothly.

[Gurujebs]

Bitcoin is a cryptocurrency that is widely used for transactions and many countries have approved Bitcoin as a means of payment. Altcoins need Bitcoin and vice versa. interrelated so that they live with each other. all existing coin prices depend on the price of bitcoin. If the price of bitcoin increases, then all coins will also increase and vice versa.
that's why I say bitcoin and altcoins are interconnected and push each other.

Let's look at it this way, Bitcoin has been pumping much lately and what happen to alts? Did they pump? No! Did they contributed to the pump. This is to tell you that Bitcoin doesn't need any altcoins to survive but altcoins need Bitcoin to strive well in this industry. Let's Bitcoin dump by 10% today, you will be amaze on how this coins will tank with -30% really quick in less than 24 hours, this is how strong Bitcoin is in this cryptocurrencies.

Altcoins by performance, they are not even related, some of the new chains we have are just bunch of tweak chains trying to impress investors and after a while, they are been abandoned like a dead sheep. Some don't last more than a bull run cycle.

[IvugeoEvolutionCoin]

Bitcoin is a cryptocurrency that is widely used for transactions and many countries have approved Bitcoin as a means of payment. Altcoins need Bitcoin and vice versa. interrelated so that they live with each other. all existing coin prices depend on the price of bitcoin. If the price of bitcoin increases, then all coins will also increase and vice versa.
that's why I say bitcoin and altcoins are interconnected and push each other.

Let's look at it this way, Bitcoin has been pumping much lately and what happen to alts? Did they pump? No! Did they contributed to the pump. This is to tell you that Bitcoin doesn't need any altcoins to survive but altcoins need Bitcoin to strive well in this industry. Let's Bitcoin dump by 10% today, you will be amaze on how this coins will tank with -30% really quick in less than 24 hours, this is how strong Bitcoin is in this cryptocurrencies.

Altcoins by performance, they are not even related, some of the new chains we have are just bunch of tweak chains trying to impress investors and after a while, they are been abandoned like a dead sheep. Some don't last more than a bull run cycle.

The price movement of altcoins is clearly visible after the Bitcoin price increase, so you can see that many altcoins have increased in price, thus showing that the altcoin season is back again, and it is possible that altcoins will make another very scary price increase as happened in 2021. The price movements of Ethereum, BNB, and Solana over the last 7 days look to be rising and have provided a lot of profit for their supporters who bought them a week ago.

[bitterguy28]

For bitcoin to progress completely , Altcoin must be in the market for bitcoin to continue growing because in this kind of market there must be a competition so what more we can expect about altcoins presence and also in time when the crypto is fully adopted . I believe that Bitcoin will not manage to serve its users instead Altcoins will be in need to partake .

[koang]

That's right, friend, altcoins were created to be able to anticipate transaction speed and cheap fees compared to bitcoin, but bitcoin is what drives altcoins to move upwards.Altcoins always have advantages, and quite a few are actually destructive, so you have to be smart when making altcoin choices, in contrast to Bitcoin which has certainty.

No doubt. Bitcoin is the pioneer and Safe Haven, while altcoin is the Utility.
Investing in utility coins will always have more risks, but more risk, more gain.
And yeah, the Crypto space is full of scam projects and Scammers.
Getting scammed is horrific. They drained our savings.
So, doing research is one way to increase our possibility of making a profit before deciding to invest. DYOR for safe

[Doovla]

There is definitely a connection between smaller coins and Bitcoin, one pulling the other mostly in price growth as well as market movements. I expect as many inventions as possible in order to increase the popularity and, in other words, increase the simplicity in the growth of long-term prices on CEX exchanges.

[DAMKAR]

That's right, friend, altcoins were created to be able to anticipate transaction speed and cheap fees compared to bitcoin, but bitcoin is what drives altcoins to move upwards.Altcoins always have advantages, and quite a few are actually destructive, so you have to be smart when making altcoin choices, in contrast to Bitcoin which has certainty.

No doubt. Bitcoin is the pioneer and Safe Haven, while altcoin is the Utility.
Investing in utility coins will always have more risks, but more risk, more gain.
And yeah, the Crypto space is full of scam projects and Scammers.
Getting scammed is horrific. They drained our savings.
So, doing research is one way to increase our possibility of making a profit before deciding to invest. DYOR for safe

You are right that bitcoin is safe to invest in, while altcoin is riskier but has a greater chance of making a profit.
Responding to whether bitcoin needs altcoins? I think the two have a complementary relationship, because there are many altcoin technologies that Bitcoin doesn't have.