Will success crypto currency will ruin bitcoin?
In the near future, the dominant technology in the sphere of finance and economy will be the blockbuster. This can be seen already from the results obtained by projects working with a decentralized database. Doubt so not subject to the fact that digital coins will soon become the same everyday money as the Fiats.
Yes, only new promising crypto currency has been released in such a large assortment that you do not even have time to memorize their names. In this regard, it is impossible to say exactly what exactly crypto-monitors will dominate the market. And will not the bitcoin squeeze out the army of competitors?
Comparison with the past
The first digital coin certainly has its advantages. That's just the financial history recorded a lot of cases when, so to speak, the first swallows opened a new path and with their own forces raked all sorts of obstacles. And all this in order for this path to run crowds of copies and trample the discoverer ... Perhaps, and we will soon no longer be concerned with the question of where to buy bitcoins, due to the lack of such ...
Do you know the name "Webvan"? And I did not hear it. And, it turns out to be one of the first companies that ventured to open a grocery store online. In 2001, the total cost of this start-up reached 5 billion dollars.
Do you remember the Myspace project? At one time it was the top social network, which Facebook successfully crushed.
The analysis of the bitcoin price shows a large share of capitalization against the background of the total turnover of the digital market, as it was with the pioneer in his field of Myspace. The high jump in the bitcoin exchange rate in 2017 provoked inflated expectations from investors. Although the market already has new promising crypto-currencies, uncontrolled control of price increases attracts investors like butterflies. And there is no guarantee that their wings will be able to avoid burns.
But after all, the collapse of bitcoin will pull the whole market!
Uniquely pull, but not the whole sector. Entrepreneurs because this moment is also taken into account in their developments. They release not just tokens with altcoyins, but all sorts of useful applications with platforms that run on the basis of the blockbuster.
Along with bitcoin, those kinds of coins can be sprinkled, the teams of which have not developed any additional products, and are only sold in a pair / BTC for crypto-exchanges. This point is easy to confirm. Right now, bitokoynovskaya price has decreased, from the unexpected all the coins have given up their positions. But after a couple of weeks, most altcoins changed the minus to plus, while bitcoin continued to flaunt with a negative percentage.
In conclusion
If further crypto teams develop unique brands for a couple with a new token, they will not only turn into new promising crypto-currencies, but will also strengthen the digital sector as a whole. And here, what will be with bitcoin? What kind of feature can help you stand against the army of competitors? Moreover, he does not have any really valuable accompanying product. Will not the first coin be a victim of the overall success of the digital market?
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Author: The_ Flash
Topic: Will success crypto currency will ruin bitcoin? (Read 126 times)
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