Are Altcoins just as important as Bitcoin?

[yaelahwall]

Yeah I think both, bitcoin and altcoin, are just as important. Both are equally important because they both affect the state of the market. Both are competing to get a place in the market and become the best coin. These two coins are competing to gain public confidence. They offer a variety of technological advantages in order to survive in the market and become the society's top choice. Although bitcoin still occupies the top spot but bitcoin is already threatened. Public confidence in bitcoin has come down and many people are turning to altcoin. Maybe the turning point for investors from bitcoin to altcoin because of technology. If bitcoin can not keep up with technological developments and renew its technology with a more innovative, bitcoin will be increasingly abandoned.

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[januri]

in my opinion, if Altcoin is very important because it can make competition with big coins and together they create a crypto ecosystem. Alts and Blockchain technologies are a very helpful startup or a new company to raise funds, let's investors and traders to generate huge profits and If all Altcoin will continue to decline, people will start losing confidence in bitcoin as well.

[SleepMachine]

Because the altcoins price now are affected by Bitcoin price so there are many people think that altcoin is not important as bitcoin. This is a wrong though. Bitcoin has many disadvantages and altcoin can help you solve these problem. Trust me! Bitcoin opens the crypto world but altcoin help it develop.

[malading]

As an investment project, altcoin is now more likely to make a profit because bitcoin is very expensive and relatively stable, but if it is a long-term choice, then bitcoin is the most important!

[Funmmi2]

In any ecosystem, be it in nature or business, there is always a competition. And most often than not, the best always rises to the top. And here in our crypto ecosystem, a competition do also exist. Between Bitcoin and Altcoin. We all very well known that bitcoin, being the first and most proven cryptocurrency already took the center stage in crypto market. Now that altcoins came into the picture, where does it really stands? What will be the selling point of altcoin that will eventually led the bitcoin enthusiasts to finally switch places?

The selling point for any altcoin to take the center stage and relegate Bitcoin slightly, lies in its use case and how wide the reach of its adoption is.The problem however is the over 1600 altcoins on CMC,its difficult to predict which of the coin will outshine the other in its performance. Needless to say it’s a very long shot for any altcoins to take the center stage on the crypto scene.

[Olayinka225]

every altcoin is as important
bitcoin also started from somewhere before it got to where it's today
if those altcoins have good prospect and a very vision-able dev, then they also will make it with bitcoin

[nanajiana]

all altcoin is important, it's just the difference is how far are capable of developing such a coin. may not have been as important and yet have a fantastic value as does bitcoin. but know that bitcoin starting from nothing. into something so valuable and fantastic value.

[HungryTigerGrouchyCrotch]

I think that Bitcoin is the most important because of influence on the price of altcoins too. But I wonder if will this end one day, if any altcoin (Ethereum) will take the lead and will rule the price of the others.

[gewealiw]

Bitcoin is a symbol, not only a mechanical correlation, yet rather an over the top faith in a brand. I don't know there's any crypto that will beat bitcoin, in any event in a similar biological community.

[Mery Gason]

Altcoins will grow and fall because it's a market. It can not be said that only growth is possible. But, the general trend for growth will continue. And of course some projects will die, in general there will be no so easy!