Bitcoin market dominance

[1Referee]

ETH is still affected by the price of Bitcoin. Although ETH has a much better background than bitcoin. But maybe people are still supporting bitcoin more than ETH

People support Bitcoin because they don't know how to properly price an altcoin. They also don't care about their technological engineering.

Bitcoin is as simple as it can be, but this simplistic piece of technology has the least obstacles to struggle with, and the least to worry about when it comes to its future potential. If altoins weren't tied to Bitcoin, they wouldn't even be worth a tenth of what they are worth right now. People seem to think that altcoins are worth what they are worth, but that's wrong; altcoins are worth what they are worth because Bitcoin donated that value to them.

An altcoin can just keep its ratio at 0.01BTC for ever, but will still increase in value due to Bitcoin increasing in value. Litecoin is the perfect example of that. It was worth like 0.02BTC back in 2013 which was like $2 back in the days. Right now Litecoin is worth like 0.0125BTC which translates into $85 today.

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[Cosbycoin]

When bitcoin price down, Automatically BTC dominance rise and Altcoin dominance lower
When BTC price going up, BTC dominance going down,
I think this happens due to the whole market capacity
What is your opinion guys

I’m  a little bit confused in this. What do you mean by the dominance,  ate you referring to how bitcoin can control the market  and altcoins included or do you mean the market cap of bitcoin? First of all if you’re referring to market cap, then you’re wrong and if you’re also referring to at the rate at which it controls the market then you’re also wrong.

When bitcoin goes down, its market cap also goes down and when it goes up the market cap follows it up. Same thing to how it controls the market.

[Haoque89]

Bitcoins are always hot money from the present day with the value of more than $ 6,000, with the price fluctuations that have made the digital age may become hot and attractive.

[captaincomet]

There are a lot of new coins on the market and BTC dominance is becoming lower. But still, when bitcoin price goes up, BTC dominance increases.