Will Bitcoin remove all other altcoin from the market?

[Senin]

Bitcoin has no practical ability to remove altcoins from the cryptocurrency market. Altcoins are now independent and may well exist without bitcoin. However, now they continue to interact with each other and have a positive impact on each other. At the same time, bitcoin continues to age, as it hardly develops, and altcoins are developing very quickly.

[IyemRoker]

Bitcoin will not wipe out the altcoins market and Bitcoin will instead give rise to new altcoins that stick to the popularity of Bitcoin.
For example coin A was launched on the Binance market, usually after trading it will definitely be available like this = coin AxBTC, AxUSDT and AxBUSD.
This means that the evidence is quite clear that Bitcoin does not remove altcoins but instead spawns new altcoins.

[Astra]

There is no reason for this to be so. On the contrary, bitcoin and potential altcoins work closely with each other, although they are in some way indirect competitors. And bitcoin simply cannot get rid of altcoins. Altcoins are much more diverse in their functional characteristics and purpose. In this regard, bitcoin is not capable of replacing them.

[Fenix]

In my opinion, you shouldn't worry about altcoins now. They develop and grow very quickly. Today there are 15,775 altcoins. But Bitcoin is not in the best condition right now. Its scalability is now the lowest among all cryptocurrencies. And the transaction fees are also too high. Bitcoin continues to be the leader of the cryptocurrency by inertia. However, in the future, everything may change.

[KaliLinux]

We know that, bitcoin is the most popular crypto-currency of the world. Its value is higher than any other currencies. It is unanimously accepted by the crypto holders. Some countries have already permitted only bitcoin for transaction and many countris are considering to permit it. People can now pay bill through bitcoin in some cases. There are a lots of crypto-currency in the world but bitcoin is now leading the crypto world. Is bitcoin will remove all other crypts from the market in the future? Your valuable opinion is highly appreciated.

Why would anyone even think that Bitcoin would remove every other coin from the market? That is not even an option because all of them that are good projects will complement each other, ETH developed a blockchain that other crypto build on and now we are seeing similar projects. so matter how big the Bitcoin price gets, other cryptos will still be available in the market.

[Callisto]

I don't think Bitcoin will remove altcoins. They, in principle, work together well in trading, and besides, a person should always have a choice in any field of activity and in cryptocurrency is no exception. Bitcoin will never become monopoly, because a bunch of new promising projects are being created.

[Fenix]

While I see that on the contrary, altcoins are slowly replacing bitcoin. This clearly demonstrates the declining percentage of Bitcoin dominance in the cryptocurrency market. Now it has already dropped to 39.5 percent. If this continues further, then soon Bitcoin may lose its position as the leader of the cryptocurrency. Ethereum remains a good contender for leadership. His dominance level even increased and now stands at 20.3 percent. Ethereum's chances will improve significantly if the coin's network upgrade process is successfully completed this year.

[mlawson71]

I think the market is big enough for both Bitcoin and at least the most popular cryptos. The less popular ones may disappear sooner or later though.

[Ronald]

It is worth less to think that bitcoin will remove all other altcoins which is not possible. I believe that if bitcoin price increase more then new alt coins will arrive so there is no option to think in this way.

[Muneeb22]

This is not possible that the Bitcoin will remove the ALT coins from the market becasue this time the ALT coins will support the bitcoin and peoples will buy and sell their almost coins through the bitcoin and they make also deposit and withdraw through the bitcoin.

[Btclover]

Further the value of btc will increase further. Other cryptocurrencies from the bitcoin market will not go anywhere. Would rather be further improved. However, some tokens may end. The token or coin that will not have any investors or any STO company will end up in the market.

[Callisto]

This is not possible that the Bitcoin will remove the ALT coins from the market becasue this time the ALT coins will support the bitcoin and peoples will buy and sell their almost coins through the bitcoin and they make also deposit and withdraw through the bitcoin.

I agree with you, bitcoin needs altcoins like bitcoin altcoins. Indeed, in pairs, they make up a huge capitalization and directly affect the pricing of both altcoin and bitcoin, we all know how bitcoin falls immediately after it and all altcoins.

[Review]

I don't think this will be possible ever because alone bitcoin can't lead the whole market. Even this is possible that the dominance of bitcoin will keep decrease. And within this time many altcoin will start to take the position of bitcoin. Even this is what happening now a days. You can see that many altcoin now having lot of attention from the investor. Even investor now going with altcoins too.

[rizqillah]

We know that, bitcoin is the most popular crypto-currency of the world. Its value is higher than any other currencies. It is unanimously accepted by the crypto holders. Some countries have already permitted only bitcoin for transaction and many countris are considering to permit it. People can now pay bill through bitcoin in some cases. There are a lots of crypto-currency in the world but bitcoin is now leading the crypto world. Is bitcoin will remove all other crypts from the market in the future? Your valuable opinion is highly appreciated.

No, I think will never remove all crypto currency.
Because they will work together on their own project.
Bitcoin is always be the king of crypto currency and altcoins are follower.

[IvugeoEvolutionCoin]

I don't think it's possible because this Altcoin and Bitcoin need each other so that when Bitcoin is not having a good price movement, Altcoin will be one of the other choices, when making Altcoin transactions is also very important because it can provide cheaper transaction costs with a speed very high.