Beginning of 2017 has been optimistic for the cryptomoedas. A series of historic highs this year helped boost the market, which during this weekend reached almost $ 28 billion in capitalization.
The market cap of Bitcoin and the other criptomoedas (altcoins) hit a record $ 27.9 billion. The combined volumes of crypto-coins totaled $ 860 million over a 24-hour period.
All these facts shows that bitcoin is becoming a real currency and soon we shall have bitcoins and altcoins for everyday usage also. The increase in he market cap for the digital currency shows the future is purely bitcoins.
This market cap is too low for competition and this is not so important at all If we take into account the traditions and how difficult it is to change them