Will Bitcoin continue to have the same effect on alts?

[NicNacCoin]

All cryptocurrencies run on Bitcoin. If Bitcoin had not been created, there would be no such thing as cryptocurrency today As long as this bitcoin exists, the cryptocurrency bitcoin will be like a king.10 years 20 years however all markets will be established depending on Bitcoin. The altcoin section will rely on this bitcoin.

[wxa7115]

What do y'all think? Will BTC price movement continue to have the same effect on alts price in like 10 years? 20 years maybe? Let's hear some expert opinions.

Without a doubt I think that things are going to remain the same regardless of how much time it passes, and the reason is simple, bitcoin is the only asset in this market in which people trust, the rest of the coins we have here are for the most part only good to speculate with.

Also when we consider the market dominance of bitcoin and how high it is then any movement of bitcoin no matter how small will affect the rest of the market, as it is simply impossible to ignore the movements of bitcoin especially when you are holding an asset that is many times weaker and that has a high correlation with bitcoin.

[serjent05]

All cryptocurrencies run on Bitcoin.

What do you mean?

If Bitcoin had not been created, there would be no such thing as cryptocurrency today

If there is no Bitcoin definitely some name will come up.  Cryptocurrency as stated:

a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography, rather than by a centralized authority.

So basically, Bitcoin is under the cryptocurrency category but not the other way around.

As long as this bitcoin exists, the cryptocurrency bitcoin will be like a king.10 years 20 years however all markets will be established depending on Bitcoin. The altcoin section will rely on this bitcoin.

I am not sure of that.  Remember the "only permanent in this world is change" so I won't won't be surprise if other crypto will take over the seat of Bitcoin but for now, let us enjoy Bitcoin being the king of crypto.

Saying that, even though Bitcoin has a great effect on other cryptocurrencies, there are times when some crypto breaks out from the effect of Bitcoin fluctuation.  As you can see, oftentimes we see some altcoin value increasing while BTC price decrease or vice versa.  I think many altcoin developers and marketers make use of the BTC price crash as an excuse for their incompetence.  So in my opinion there will be a time where Bitcoin won't continue to have the same effects on alt.

[Ziskinberg]

What do y'all think? Will BTC price movement continue to have the same effect on alts price in like 10 years? 20 years maybe? Let's hear some expert opinions.

Probably, if bitcoin is still the best coin to dominate the market by that time, then altcoins are still dependent on the price of bitcoin. But if a new altcoin will come to overtake the position of bitcoin right now, then bitcoin will lose its power to create significant impact into altcoins. Everything depends on the market situation by that time. But for now, bitcoin will always be the king of crypto so it really has the power to leave an effect to altcoins.

[Quidat]

What do y'all think? Will BTC price movement continue to have the same effect on alts price in like 10 years? 20 years maybe? Let's hear some expert opinions.

Probably, if bitcoin is still the best coin to dominate the market by that time, then altcoins are still dependent on the price of bitcoin. But if a new altcoin will come to overtake the position of bitcoin right now, then bitcoin will lose its power to create significant impact into altcoins. Everything depends on the market situation by that time. But for now, bitcoin will always be the king of crypto so it really has the power to leave an effect to altcoins.

Showing off dominance rate then you could see that Bitcoin would be still the king but we cant really remove the fact or possible things to happen for it to be replacen.We cant deny
that there are several coins in the market which does have better properties than with Bitcoin but still sitting below into rankings but actually does have potential.Demand would be
always the key and the reason on why coins been sitting on particular ranks.For now Bitcoin would be holding the top or peak spot but we cant be sure in upcoming years to come.
Speaking with effects on trends or movements then it do sometimes correlates sometimes not.

[wxa7115]

What do y'all think? Will BTC price movement continue to have the same effect on alts price in like 10 years? 20 years maybe? Let's hear some expert opinions.

Probably, if bitcoin is still the best coin to dominate the market by that time, then altcoins are still dependent on the price of bitcoin. But if a new altcoin will come to overtake the position of bitcoin right now, then bitcoin will lose its power to create significant impact into altcoins. Everything depends on the market situation by that time. But for now, bitcoin will always be the king of crypto so it really has the power to leave an effect to altcoins.

In theory it is possible for bitcoin to lose its position as the most dominant coin in the market but in practice this is something that is going to be incredibly difficult to actually happen.

Many argue that the technology of their favorite coin is better than the one we have on bitcoin and that is why their coin will eventually reach to the top, however even if that was true the strength of a currency is not only determined by its technology but by the trust people have in it, and when it comes to that it is obvious that bitcoin does not have any rival that is even close to have as much trust from the community as bitcoin does.

[Asiska02]

Bitcoin has already proven its stance in the midst of other coins. Over the years no coin has been able to compete edge to edge with bitcoin even with much technological advancement. It has been dominance for a long time now, and its dominancy will continue to affect the price of other coins even in several years to come. I will say this that “bitcoin is the master of all other crypto currencies”.

[glendall]

I'm not an expert on this but a little my opinion
bitcoin will forever affect other alt values because all cryptocurrencies are based on the value of bitcoin, although there are very few coins that experience an increase when bitcoin is experiencing a decline

[Fatunad]

I'm not an expert on this but a little my opinion
bitcoin will forever affect other alt values because all cryptocurrencies are based on the value of bitcoin, although there are very few coins that experience an increase when bitcoin is experiencing a decline

Not all the time but most likely it would really be always the trend setter on which if the price is declining or lets say bitcoin is on bearish mode then its impossible that we are seeing the alt market to sustain on being bullish.Lets just always presume and treat up that it would be always looking for prices to be correlated to each other and bitcoin would be the main trend setter.
We dont know if one day alts would be really that independent and that would really be depending if these coins or projects would be totally established.

[TheUltraElite]

if bitcoin still remains as king, then it will continue. the question now is that will bitcoin be displaced from the top spot. i dont think this will happen anytime soon. so for a long time bitcoin will continue to lead and have same effect on alt. but each project will develop individually based on how much effort is put into it on the long run.

I dont think the question of being a king or queen or pauper. It is about which one has the maximum use and acceptance or popularity in public. Because ultimately these are currencies and they can be spend - which ever has been here for the longest time gets the first-mover advantage.

There have been so many projects that tried to compete with what bitcoin has done and the few that managed to stand their ground are the top 10 coins out there. Beyond that you are looking into shitcoins which are snowballing and have no future unless they make a breakthrough, chances of which again are pretty slim.

So eventually it boils down to BTC dominating the market. It is not a bad thing, at least it is the only coin what censorship-resistance decentralized in a proper manner.

[marine4u]

bitcoin will forever affect other alt values because all cryptocurrencies are based on the value of bitcoin, although there are very few coins that experience an increase when bitcoin is experiencing a decline

Exactly.  In any event, the value of bitcoin is important not only as a utility but also as a store of value.  Bitcoin and alt have a simple correlation that some people really don't realize.  Altcoins may explode depending on the trend of consensus consolidation with bitcoin.  Therefore, in any case, bitcoin should be available in the allocated portfolio.

So eventually it boils down to BTC dominating the market. It is not a bad thing, at least it is the only coin what censorship-resistance decentralized in a proper manner.

Some people think this is unfair but in reality, bitcoin is guaranteeing the best for the entire market.  My view bitcoin is on the right track, bitcoin will always be the driving force for the whole market.

[jhonjhon]

What do y'all think? Will BTC price movement continue to have the same effect on alts price in like 10 years? 20 years maybe? Let's hear some expert opinions.

I'm not an expert, but I believe bitcoin has a significant impact on altcoins because it is widely used by investors politicians, holders, etc. Since the beginning of time, most altcoins have been influenced by Bitcoin's price movement, so it is possible that it may have the same effect on both the bitcoin and altcoin prices. Although there is the possibility of a significant change in the market 10-20 years from now, it is reasonable to believe that with the current level of trust in bitcoin, bitcoin will continue to be the king of cryptocurrencies for the next ten years.

[lablab03]

What do y'all think? Will BTC price movement continue to have the same effect on alts price in like 10 years? 20 years maybe? Let's hear some expert opinions.

it will always have the same effect coz bitcoin is still the main thing and still have massive market cap in the market since 2011, and infact no one can reach such level even ethereum until now, which is reason everytime bitcoin is fluctuating they're very affected as well. And that's why they are called altcoins coz they're alternatives only, it means without bitcoin they didn't exist also.

[boris singer]

What do y'all think? Will BTC price movement continue to have the same effect on alts price in like 10 years? 20 years maybe? Let's hear some expert opinions.

it will always have the same effect coz bitcoin is still the main thing and still have massive market cap in the market since 2011, and infact no one can reach such level even ethereum until now, which is reason everytime bitcoin is fluctuating they're very affected as well. And that's why they are called altcoins coz they're alternatives only, it means without bitcoin they didn't exist also.

The decline in Bitcoin has an impact on altcoin because investors use Bitcoin as their financial leverage in crypto, so the assumptions that occur will clearly have a big impact on the price of altcoins. Plus Bitcoin as the peak of investment in crypto has an important role in how the altcoin itself can be stable in the market.

[KaliLinux]

What do y'all think? Will BTC price movement continue to have the same effect on alts price in like 10 years? 20 years maybe? Let's hear some expert opinions.

It is hard to guess but however, but I would believe that Bitcoin dominance will still remain even in 10 - 20 years from now because I believe as other crypto projects ALTS develop, Bitcoin would too and possibly more adoption and because I don't see any Alts overcoming Bitcoin anytime some.

[Argoo]

Bitcoin has already proven its stance in the midst of other coins. Over the years no coin has been able to compete edge to edge with bitcoin even with much technological advancement. It has been dominance for a long time now, and its dominancy will continue to affect the price of other coins even in several years to come. I will say this that “bitcoin is the master of all other crypto currencies”.

Thirteen years of cryptocurrency existence is still too short to draw any final global conclusions. Cryptocurrency continues to evolve and will continue to do so for a long time, because we know that it is not yet perfect and has many difficulties and disadvantages when using it. Therefore, the current position of absolutely all coins and tokens is temporary. In addition, the instability of the position of the cryptocurrency is due to its nature, because prices are formed solely on the basis of the ratio of supply and demand. We cannot be sure that the demand for any cryptocurrency, including bitcoin, will not fall. The fall in demand is directly reflected in the price and capitalization, and hence in dominance. Everything can and will change in this market.

[n0ne]

Rather than taking 10 and 20 years of market movements, it is good to have the current market situation into discussion. In the last five hours the price of bitcoin have crashed drastically over $3000. The price which was found around $39600 have now come down to $36700. There is no strong reason upon which the price have fallen, and the top altcoins were following the same crash. This time on an average of around 5% decline in the price have happened.

[coupable]

Bitcoin Being the king of the crypto universe has always influenced the price fluctuations of altcoins and is expected to do the same in the future. Altcoins are used way less than bitcoins and bitcoins have always dominated and are expected to dominate altcoins.

Bitcoin will continue to have the same effect on alts as long as it's the number 01 pair in all trading markets. It's still bigger than USDT and some few stable coins who gained a great position over other alts if we can consider USDT as an altcoin as well.

[DoublerHunter]

Bitcoin Being the king of the crypto universe has always influenced the price fluctuations of altcoins and is expected to do the same in the future. Altcoins are used way less than bitcoins and bitcoins have always dominated and are expected to dominate altcoins.

Bitcoin will continue to have the same effect on alts as long as it's the number 01 pair in all trading markets. It's still bigger than USDT and some few stable coins who gained a great position over other alts if we can consider USDT as an altcoin as well.

^ The reason is this, BTC is the main trading pair of all altcoins and before they will purchase altcoins they need to have BTC first.
This will have an effect on the BTC price in the long term, the more altcoins the more people need to purchase BTC as they want altcoins, so altcoins are also contributed to the BTC price that keeps increasing due to the demand.  Speaking of USDT, just only diversifying asset but people love to store coin that is highly volatile like BTC.

[roslinpl]

Actually 20 years is very long period of time,the new traders are short term investors.We can able to see of 10-40% increase in bitcoin price every year.All the altcoin price impacts was done by the bitcoin price movements.When the price of bitcoin was increased,the price of the most of the alts price will be increased.Based on this,the moment of the bitcoin was happened.