The only thing bitcoin has going for it right now is the brand name and the network effect. It has been riding on that for about 2 years. How long do you think it will be able to last?
Looks like that if we are very lucky it will go the way of IBM:
http://prnt.sc/ep7ib8But my guess is that the idiots led by saboteurs will utterly destroy it and it will become just another old failed cryptocoin.
Intersting theory,but crypto is booming Bitcoin is still the biggest by far. It has the biggest community by far, huge mining farms, worldwide attention, investors have discovered it. It has the worldwide press on it, and adoption is still increasing. So Bitcoin will continue to grrow for a while if you ask me. Its the mother of crypto. If bitcoin fails, it is most likely that 80% of the altcoins are going with it.
95% of the altcoins will fail regardless of what bitcoin does, it's those 5% you need to watch out for.
ETH is already 1/4th of the value of bitcoin. Dash is also a large contender.
Bitcoin is not invincible, and they should not act like they are.
True.
Look what happened with the Roman empire, or Apple.
If you dont move foward, you will go backward.
There's no middleground in crypto.
Look like Tether ;-)
Dash isnt a real threat yet, because its quite scammy.
Ether is a platform with to many tokens to be a good investment like BTC is.
Its also to much centralized.
Most important difference between BTC and Ether:
BTC = community
Ethereum = Vitalik Buterin
The only one who could destroy Bitcoin is Bitcoin itself (community)
Just like the Roman Empire.
The parallels are amazing.
History is made rightnow.
Yes but we wont let it be destroyed like roman empire right
I mean as a community we wont let this happen in any way, like some of your impressions on some coin and think that also what yous dais is accurate only we can destroy it.No I dont think that either.
Anyway its still the current situation rightnow in cryptoworld.
We have some medium-large 'clans' that try to battle Bitcoin.
(Ripple(bankcoin), Ethereum(hedge), Dash, monero, and I could go on for a while but my point is made.
They are not united but still they are some coins to keep an eye out for.
A strong Roman Empire , united and working together could easily maintain their lands ( marketdominance).
But when they are backstabbing eachother (Ceasar) and fighting eachother and stop being innovative (scaling) the other clans like the germans did (altcoins) will invade the once mighty Roman Empire united with other small clans from all over Europe.
Borders will fall, the Roman Empire will burn because of indecision and bad financial leadership (postponing a scaling solution for years).
The Roman Empire made a last stand at the borders of Italy. The dream was gone, their dream was destroyed.
Will BTC unite behind 1 solution to maintain its ground?
Or will it burn and make a last stand when its too late?
Only time can tell, but this parralel is simply amazing.