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Cryptocurrency discussions / Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« on: Today at 05:10:16 AM »It's hard to say that Bitcoin can only run alone without the support of altcoins, and vice versa. They need each other and support each other in trade so that movements between them can run well. But indeed, so far, the dependence of altcoins on everything that happens to bitcoin is very clear. Every time bitcoin increases and decreases, almost all altcoins will participate, even though there are many altcoins that can move, because their trading is quite good and highly recognized and can even increase without the influence of bitcoin. But currently everything is dependent on bitcoin, but bitcoin also cannot move alone because altcoin trading influences bitcoin.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.Basically, if Bitcoin and altcoins are likened to a pair, these two coins are a pair that complement each other and if one experiences a price decrease, the other will also experience a price decrease along with its followers.
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.
It's true what you said, if we fail to realize it, then it could be said that I haven't and am not in the right position to start. so there will still be doubts about crypto currency itself