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I have heard a lot of people talk about the base coin and how a particular coin is the base instead of the other. To me, I feel that Bitcoin is still the base coin and that its action in the market always say a lot about how other coins reacts in the market. What do you think about that?
Bitcoin is the base coin, I would have to definitely agree with you there. Until no more bitcoin can be mined, it will always be the main coin that controls alt coins and other tokens. The coin market cap is quite close to be reached, so this will be interesting to see how the market reacts to that, when it happens.
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Here I think even everyone will agree 100 percent that it is Bitcoin, because most of the money concentrated in cryptocurrency is invested in it, and also many transactions pass through this network, because I have no doubts about talking about some other token.