Post
Topic
Board Speculation
Re: Analysis
by
AjithBtc
on 25/04/2017, 04:14:18 UTC
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/ep7ib8

But 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.




Bitcoin has got the strong user base, so it won't be let down soon as most users have known better about all its importance and the advantages it provide to all of its users. The bitcoin community is getting stronger and stronger, though several other crypts were getting into usage with varying features and goals.