Will Bitcoin continue to have the same effect on alts?

[24Kt]

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.

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.

20 years is like forever here when it comes to crypto market. Even experts can just give their prediction but not precise one. Also, the movement of alts depends on the dev team themselves, how they will develop the project to survive long-term. As we have seen, very few can survive 5 years onwards. Most of them are abandoned after few months or so. Only top alts can follow the trend of BTC.

[Sayeds56]

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 very interesting topic for discussion and I am also keep to find a logical answer to this question. Bitcoin has been leading the crypto market and I think it will continue to do so in coming months and years because its original &  pioneer currency  of this entire industry and won the confidence of the people all over the world as store of value , most secure and decentralized currency. Ethereum has also won the confidence of people becuase of its strong use case as well very secure and decentralized and potentially it can challenge the leading position of Bitcoin  but its supply is unlimited which remains main barrier to overtake Bitcoin leadership.

[Lubcub62]

although I'm not an expert. but let me speak my mind.
I think that bitcoin will continue to influence alt even 10 years later. but I don't know in 20 years. because we don't know what extraordinary things will happen in the next 20 years. because ideas keep evolving and maybe 20 years later there will be big changes.

[Mr.sprin]

altcoins will continue to influence altcoins so far i have known 5 years of bitcoin and as long as i know bitcoin other altcoins are always following the movement of bitcoin and i believe it will last forever. do you have thoughts like me. .?

[amihada]

in the future no one knows at this time bitcoin is like a king if the price of bitcoin goes up then all alcoins also go up and vice versa, so whether it will be for the next 10 or 20 years no one knows for sure, I just believe bitcoin will be king in the future future for a long time.

[Fatunad]

in the future no one knows at this time bitcoin is like a king if the price of bitcoin goes up then all alcoins also go up and vice versa, so whether it will be for the next 10 or 20 years no one knows for sure, I just believe bitcoin will be king in the future future for a long time.

No one knows even on what would be the weather on tomorrow.How much more if we do talk or mention about 1 or 10 or 20 years time? Nothing is impossible and could really happen along the way and this should really be need to bare in mind.Bitcoin features might be dated but doesnt mean that it would really be easily to be replaced by some altcoins in the market.In speaking with market trend then we do know
that btc would always be having the lead or main trend setter.There are some coins which do oppose into movement but in most cases they do go along with it.

[Odusko]

Bitcoin as the general trading pair to altcoin will make it effect on the entire market statist and that will remain for a long time to come, so you will need to work yourself around that fact, Bitcoin controls the position of the altcoin market and any time there is a significant price change in Bitcoin market the same will robe on altcoin since their running on the same market chain.

[jostorres]

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 very interesting topic for discussion and I am also keep to find a logical answer to this question. Bitcoin has been leading the crypto market and I think it will continue to do so in coming months and years because its original &  pioneer currency  of this entire industry and won the confidence of the people all over the world as store of value , most secure and decentralized currency. Ethereum has also won the confidence of people becuase of its strong use case as well very secure and decentralized and potentially it can challenge the leading position of Bitcoin  but its supply is unlimited which remains main barrier to overtake Bitcoin leadership.

I do agree with it, I think that bitcoin will keep being the top coin but I just do not believe that it will have such a top heavy crypto market. I believe that bitcoin will be barely 20% in the future, maybe lower, and eth will be under 10% as well, and everything else will be smaller portion at the top and bigger portion at the bottom.

First the top 100 will grow and top 10 will drop, afterwards we will have even top 500 going up while top 100 goes down. So by 10-20 years passes, we are going to see plenty of coins mean something in the crypto market and have some worth, instead of just 3-5 coins cover majority of the coin markets easily.

[Mr.sprin]

Until now all alcoins are following bitcoin price movements today i see the bitcoin price market going down and all coin prices are also going down and if for example tomorrow the bitcoin price goes up then all alcoin prices will also go up this is proof bitcoin will be followed by other alcoins and maybe this will last forever,

[Lubcub62]

Until now all alcoins are following bitcoin price movements today i see the bitcoin price market going down and all coin prices are also going down and if for example tomorrow the bitcoin price goes up then all alcoin prices will also go up this is proof bitcoin will be followed by other alcoins and maybe this will last forever,

well it's like you said for now and maybe in the future altcoins will continue to follow the movement of bitcoin. as for reversal coins such as hedge, ethhedge, xrphedge and others. they are coins that go against the flow also actually follow bitcoin but in a reverse flow. like bitcoin goes down then they go up and if bitcoin goes up then they go down. and when I see the news and the movement of btc that will go down, I buy some of these countercurrent coins. so I can still make my daily profit. but not recommended for the medium and long term. countercurrent coins are only good for daily or short term trading. because the price of bitcoin can suddenly rise which will make countercurrent coins fall suddenly.

[KennyR]

Whenever there is decline in the market, the same gets followed by the altcoins. As bitcoin is the reference source for every altcoin this is common. Just now the price of bitcoin have dropped down to $31k, almost every altcoins are in red. Even the very few altcoins that had positive growth have started to fall off. For now users who missed the opportunity to sell can just hold, because we don't know to what extent it fall and from which point it bounces back.

[jerry0]

When was the last time it was inversely correlated? 

[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.

^ 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. 

Does this mean that the price of bitcoin will decrease if one day users stop using it to buy altcoins? I don't think so!

Speaking of USDT, just only diversifying asset but people love to store coin that is highly volatile like BTC.

Exactly! USDT or any other stable coin is mainly used as a trading instrument. Developped in top of exchangers, it shouldn't be used otherwise.

[ven7net]

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 don’t consider myself an expert on cryptocurrencies, however, having observed for several years that altcoins are rigidly tied to BTC, I believe that no matter how much time passes 10 or 20 years, altcoins will also be tied to BTC and it will affect their price. One of the reasons, in my opinion, is that Bitcoin is the main cryptocurrency, and all the rest came from it, which means that they are initially tied to BTC, which allows it to influence them. To get rid of this influence, it is probably necessary that altcoins stop trading in pairs with BTC. However, this is just my guess and is unlikely to happen.

[UserU]

Does this mean that the price of bitcoin will decrease if one day users stop using it to buy altcoins? I don't think so!

The market always have the similar pattern. If it goes down, it drags (almost) everything else with it.

Even with more options to buy altcoins compared to a few years back, BTC still took a nosedive.

[Lubcub62]

these few days we clearly saw how alt prices followed bitcoin. even when bitcoin only fell 8% but alt the decline was sharper at around 13-15%. although not all the same. but here we can still see the power of bitcoin which continues to influence altcoins.

[lombok]

Bitcoin will continue to influence the movement of altcoins forever. Because Bitcoin is the spear and has the biggest marketcap. We say that Bitcoin is the mother of all coins and its every movement will always affect the price of altcoins.

[Dr.Osh]

Bitcoin will continue to influence the movement of altcoins forever. Because Bitcoin is the spear and has the biggest marketcap. We say that Bitcoin is the mother of all coins and its every movement will always affect the price of altcoins.

the current bitcoin price movement again provides evidence that its price actually affects the price of altcoins. when the price of bitcoin dropped to the $30k to $31k range, almost all the altcoin assets I owned fell in price. in fact, the decline was by a large percentage, even when the altcoin was still in the development stage. however, I am increasingly believing that no crypto will ever be able to replace bitcoin. I firmly believe that almost everyone feels the same way when they see the price of bitcoin go up, or down. it really gives great effect to altcoins.

[Henrobakkara]

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 strongly believe this will still be the case even about 20 years from now because most Alts are still paired to Bitcoin and even the ones that are not still cant decouple from the Bitcoins price effect especially when the market is in a downtrend. Anytime an Alts price moves way different from the effects of Bitcoin is if there is some sort of major news about that project and it is even for a while.

[Xampeuu]

Bitcoin will continue to influence the movement of altcoins forever. Because Bitcoin is the spear and has the biggest marketcap. We say that Bitcoin is the mother of all coins and its every movement will always affect the price of altcoins.

the current bitcoin price movement again provides evidence that its price actually affects the price of altcoins. when the price of bitcoin dropped to the $30k to $31k range, almost all the altcoin assets I owned fell in price. in fact, the decline was by a large percentage, even when the altcoin was still in the development stage. however, I am increasingly believing that no crypto will ever be able to replace bitcoin. I firmly believe that almost everyone feels the same way when they see the price of bitcoin go up, or down. it really gives great effect to altcoins.

The decline in bitcoin did have a big impact on altcoins, almost all altcoins, especially those at the top, experienced a decline as well. this is proof of bitcoin's might as a leader of the altcoins. Let's just wait for the bitcoin season to arrive until the altcoin season will continue to rise. although it has a greater increase than bitcoin but if there is a decrease, the altcoin will also decrease by a larger percentage as well, By being seen as the safest coin in cryptocurrency, bitcoin is one of the mandatory investments if we want to diversify into altcoins