Topic: BTC's eventual demise and replacement (Read 158 times)
This is really hard to see because the demise of bitcoin means the demise of crypto in general.
I've been looking back at 2017, and making plans for 2018, and I've come to the conclusion that btc has only got 1 or 2 years left in it and I need to find a way to liquidate my assets. But instead of cashing out, I'm thinking of moving all of my assets into the next generation of crypto that will show dominance. BTC, after all, is incredibly old tech that doesn't scale and doesn't seem to have any possible development in the future cause every fork is contentious.
Don't ask me how I know this, I just looked into my Magic 8 Ball!
I've been looking at two different types of crypto that could replace btc: platforms that allow tokenization and DAG.
For Platforms, of course, ETH and NEO come to mind, but I just started researching Komodo and it looks promising. (not a fan of waves or cardano btw).
For DAG, its between: IOTA and Raiblocks
What do you think? Will the future be scalability or utility?
ETH is actively working on the scalability issue (with a little "help" from cryptokitties) so I am leaning towards those, but DAG is truly next gen decentralized currency. It just hasn't had time to fully develop yet.
Don't ask me how I know this, I just looked into my Magic 8 Ball!
I've been looking at two different types of crypto that could replace btc: platforms that allow tokenization and DAG.
For Platforms, of course, ETH and NEO come to mind, but I just started researching Komodo and it looks promising. (not a fan of waves or cardano btw).
For DAG, its between: IOTA and Raiblocks
What do you think? Will the future be scalability or utility?
ETH is actively working on the scalability issue (with a little "help" from cryptokitties) so I am leaning towards those, but DAG is truly next gen decentralized currency. It just hasn't had time to fully develop yet.
Gold has been with us for centuries and it is still a store of value. Bitcoin has reached the stage where it has become the digital gold. i do know that there will be updates on it in future
Anything is moving fast, and any kind of prediction becomes obsolete from a day to another.
I don't know which altocoin will replace bitcoin, btw I think that the whole cryptomarket is very profitable but also very fragile.
So, even I'm a crypto fan, every time I've a gain, I use part of it to buy some gold. Real gold. Nothing can replace gold as STORE of value.
I don't know which altocoin will replace bitcoin, btw I think that the whole cryptomarket is very profitable but also very fragile.
So, even I'm a crypto fan, every time I've a gain, I use part of it to buy some gold. Real gold. Nothing can replace gold as STORE of value.
I agree with this, but you need to know that bitcoin can be destroyed at any time, note that this is not fud. But if the banks or just the economic blocks decide to take down bitcoin and create their own crypto, they can do it.
It has been more than dozens of months and the bitcoin fanatism has already begun, but i dont think that it will last longer, you need to know that 90% of bitcoin population is just in here to EARN.
And that is the biggest disadvantage, when they see that they can not earn more money, they will just leave.
Something needs to be as digital gold and bitcoin is good for this. No matter how old tech is and how hard to scale the main reason - its already work and everyone know it.
It has been more than dozens of months and the bitcoin fanatism has already begun, but i dont think that it will last longer, you need to know that 90% of bitcoin population is just in here to EARN.
Many months will gone till something become same popular and adopted around the world to replace it... But I vote for Cardano 
And that is the biggest disadvantage, when they see that they can not earn more money, they will just leave.
Its already not only about to EARN. Today its also about to HOLD. Many people don't have better opportunities to hold their savings. For example, even banks in my country have very low trust and become bancrupt or have similar problems very often. And right now this adoption is trying to grow in hearts of people
I do agree. I believe BTC's time is limited. I don't wanna try and read the future as to when but I don't seeing it being too long. I do believe Iota can have an amazing future. Also, do you mind giving your reason for not liking waves and cardano?
I agree with this, but you need to know that bitcoin can be destroyed at any time, note that this is not fud. But if the banks or just the economic blocks decide to take down bitcoin and create their own crypto, they can do it.
It has been more than dozens of months and the bitcoin fanatism has already begun, but i dont think that it will last longer, you need to know that 90% of bitcoin population is just in here to EARN.
And that is the biggest disadvantage, when they see that they can not earn more money, they will just leave.
Something needs to be as digital gold and bitcoin is good for this. No matter how old tech is and how hard to scale the main reason - its already work and everyone know it.
It has been more than dozens of months and the bitcoin fanatism has already begun, but i dont think that it will last longer, you need to know that 90% of bitcoin population is just in here to EARN.
Many months will gone till something become same popular and adopted around the world to replace it... But I vote for Cardano
And that is the biggest disadvantage, when they see that they can not earn more money, they will just leave.
I don't think it will happen but I think there will be a few coins like you mentioned with DAG tech to come and challenge BTC furiously. I do not think it will get overtaken but my bests would be on IOTA, XRB, and Byteball do achieve this. Alternative a few privacy coins like Dash or Monero may also challenge the top kahuna in 2018.
Something needs to be as digital gold and bitcoin is good for this. No matter how old tech is and how hard to scale the main reason - its already work and everyone know it. Many months will gone till something become same popular and adopted around the world to replace it... But I vote for Cardano
I've been looking back at 2017, and making plans for 2018, and I've come to the conclusion that btc has only got 1 or 2 years left in it and I need to find a way to liquidate my assets. But instead of cashing out, I'm thinking of moving all of my assets into the next generation of crypto that will show dominance. BTC, after all, is incredibly old tech that doesn't scale and doesn't seem to have any possible development in the future cause every fork is contentious.
Don't ask me how I know this, I just looked into my Magic 8 Ball!
I've been looking at two different types of crypto that could replace btc: platforms that allow tokenization and DAG.
For Platforms, of course, ETH and NEO come to mind, but I just started researching Komodo and it looks promising. (not a fan of waves or cardano btw).
For DAG, its between: IOTA and Raiblocks
What do you think? Will the future be scalability or utility?
ETH is actively working on the scalability issue (with a little "help" from cryptokitties) so I am leaning towards those, but DAG is truly next gen decentralized currency. It just hasn't had time to fully develop yet.
Don't ask me how I know this, I just looked into my Magic 8 Ball!
I've been looking at two different types of crypto that could replace btc: platforms that allow tokenization and DAG.
For Platforms, of course, ETH and NEO come to mind, but I just started researching Komodo and it looks promising. (not a fan of waves or cardano btw).
For DAG, its between: IOTA and Raiblocks
What do you think? Will the future be scalability or utility?
ETH is actively working on the scalability issue (with a little "help" from cryptokitties) so I am leaning towards those, but DAG is truly next gen decentralized currency. It just hasn't had time to fully develop yet.
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