Doth BiTCoin paint the town red!

The correct way to start this discussion would be by starting to talk about the inception of Bitcoins in 2009, then about the mysterious alias Satoshi Nakamoto, blah blah and so on. The altcoins have been built as projects on the basic idea of encryption based anonymous transactions be it PoW or PoS. There are a variety of hash codes each of them unique and useful. But I am not here to talk about that. I will talk about the general inverse relation between bitcoin and altcoins.
There are more traders of altcoins that the actual user. The market cap of crytocurrency just rose to more than $30 billion. BTC still sits as the owner with a majority stake of 66.2%. Dominance. An amount little less than 20 billion dollars. It's recent swift trekking upwards can be attributed to the legalization of Bitcoins in Japan. It is more technologically advanced than China and US, known for their robotic genius and discipline. The small country boasts of being the the third-largest in the world by nominal GDP and the fourth-largest by purchasing power parity. That's a lot of money. Apart from the surge of money by it's citizens, the move also shows an actual governments inclination towards bitcoins. Now that has gotto be good for it.

Some experienced traders, others who excel at chart making and some more who have a hunch are predicting all sorts of numbers. One things is for sure that the price of Bitcoins is vulnerable at the moment. I personally am looking forward to a new All Time High. A number that in and around its 300 hundred dollar range standardize this years price. It has always been looked as a flaw, this fluctuation of bitcoins, well chaos and absolute order are both equally destructive. Bitcoins shows potential of a healthy rise supported by actual money coming in. There is a bubble effect to it without a doubt, but the failures of Mt. Gox and a certain feeling of non-existance, always bears caution.
This is where the altcoins, come into place. The altcoins have shown tremendous success in getting things done, helped in innovating and a general evolution of the financial system as a whole. The trust in blockchain demonstrated by the the efficaciously miraculous internet coins. Their bubble is about to shrink in size, because be it ethereum, ripple, litecoin, dogecoin, NXT or any of the thousands of projects out there, we still trade them via Bitcoins. It is a benchmark and a support column.

Btc is the tectonic plate
Alts is nature, like drawing on a slate
When it moves, when it shakes it's bed
btc doth paint the whole town red