For now, it's all about bitcoin and no other, this has been in place right from the beginning of cryptocurrency, as you have already said, there is no altcoins that has been existing that can stand the gap of bitcoin, not even by any chance, if we are going to also consider other developments and inventions already made and to be made, in this generation, there cannot be any to reach the space of bitcoin and replace it, there my be every alternate means of attempt in creating other projects, but bitcoin serves to stand the most unique of them all.
Yes I do agree with you about this. There is no alt coin now or there will not be a alt coin that will reach the space Bitcoin has done. Bitcoin is unique because it was the original crypto coin.
And when people and investors think of cryptocurrencies well they are talking about Bitcoin. They are not talking about some alt coins or some shit coins.
That is why sometimes I do tell others that for the fact that people are having interest in cryptocurrency was because of bitcoin in the first place, but along the line many got their motives deviated by influencers who could take them a variety of altcoins with higher opportunities to quickly grab and make it within a short period, instead of waiting on bitcoin, exchanges too have their own way of introducing altcoins to users, most especially their own native tokens as well, all these are part of what makes the loss and risk in altcoins go more higher because many have been wrongly informed about them.
The aim or at least the "dream" that people have is that they can enter into something, invest, and it would go up 10000x. Because let's face it, there was a period where you could buy 2 large pizzas with 10k bitcoins.
Let's make the calculation, during that time, a large pizza was around 20 bucks, and he got 2, with a drink, even if we assume at the largest price, it would be like 50 bucks at best, with 10k bitcoin being worth 50 dollars, that means per bitcoin was worth 0.005 dollars, as in half of one cent, not even one cent per bitcoin as you can see, half of one cent. So that means, the price of bitcoin, at some point, went from half of one cent, to 108k at the peak price.
You know how much increase that is? It is a 21 million, 600 thousand times higher. That means, if you invested, even just a single dollar, you would have 21 million 600 thousand dollars today. People want that, dream of that, it's impossible, but they will not stop of course.
