Bitcoin is the house of the cryptocurrency market

[herizal85]

That's right, bitcoin is the first foundation for other altcoins and ethereum I think has a second position under bitcoin. And cryptocurenncy exists because of bitcoin itself

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[Kaylana]

NFTs is pure capital speculation. I can't understand its particularity.

[Reid]

If Ethereum is a car then LTC, Monero, etc. are other cars. Just a different brand.
Why the sudden analogy? Will this help you decide whether what coin you will buy that will take you to Lambo? 
It's a healthy market if there is competition but it just became too much. The good thing is people still have lots of money to divide their investments.
Soon though, it may become different especially when ETH 2.0 comes out and if we see good changes about it. Investors will start going back and try to have a piece of it. Expect a big dump to other cryptocurrencies.

[Kasabus]

That's right, bitcoin is the first foundation for other altcoins and ethereum I think has a second position under bitcoin. And cryptocurenncy exists because of bitcoin itself

The whole crypto market evolve in bitcoin so yes, bitcoin is the strong foundation and ethereum and the rest of the altcoins are just its followers. If  bitcoin drops its price, most likely the whole crypto market will definitely fall too. And if bitcoin starts to rise up again, only those potential altcoins will eventually recover. So without bitcoin, the whole crypto will never make progress and might only stay undervalued.

However, every coin has its own function but it can never be deny that bitcoin still drives the crypto market to where it is right now.

[Xampeuu]

OK

I would describe Bitcoin as a house, and this house is built quite large on a farm. And LTC, EOS, ... are just animals, trees, or whatever you think, and of course they all give meaning to a common home. Good or bad depends on each person's feelings, but I think such a house is wonderful.

Therefore, if the house is not safe or there is a disturbance, then the whole house will also feel insecure, so most of the residents of the house also experience panic. this is clearly seen when bitcoin undergoes a correction, it is immediately followed by most of the anna altcoins, and vice versa

[19Nov16]

One advantage of bitcoin is being the first crypto, when it became the first of course many companies had developed bitcoin so that it made bitcoin the most widely used, bitcoin benefited from the many altcoins because trading altcoins paired with bitcoin made the influence of bitcoin even stronger.

[Matteorsini]

Let me make an analogy. Bitcoin is the house of the cryptocurrency market and Ethereum is a car. What do you think of other currencies? LTC? EOS? SHIB? NFT? etc.

Of course, BTC will always be the king of cryptocurrency. There's no doubt about that. Almost half of my portfolio was allotted for bitcoin and the other half were devoted purely to my favorite top performing altcoins like ETH, ADA, LTC, BNB, and this promising crypto gem called XSN - the native currency of Stakenet. It is a formidable candidate that has the potential to surpass some of the hot coins we have right now.

[Anguwa]

Your Analogy is good, Bitcoin is more or less like the king of cryptocurrencies that has high influence in other altcoins. If bitcoin price falls today, almost all altcoins will surely go down too but if it goes up, others also follow and vice versa. So bitcoin is indeed the House of crypto market as its price have high influence in other altcoins price.

[Lantind]

That's right, bitcoin is the first foundation for other altcoins and ethereum I think has a second position under bitcoin. And cryptocurenncy exists because of bitcoin itself

Because Bitcoin has long been famous and is also a good digital currency, so it's no wonder that everyone sets a benchmark on Bitcoin for every market condition and also every other cryptocurrency condition.