I've been analyzing all this happening with bitcoin and I'm coming to the following conclusion:
Before the most important asset was the gold in which everyone wanted and possessed, the governments were displacing gold with money a centralized asset which lost its value day by day.
Bitcoin is an asset that goes up in price for all the features that Satoshi thought and gave to it.
Today there are hundreds of altcoins and for sure there are some that are much better than bitcoin, and that these will be more used than bitcoin in the future, but bitcoin will be the king of all the new digital gold. People will use other altcoins as well, but the savings and investments will be in bitcoin, and this is for the simple reason that it was the first altcoin, and that people believed in it from its beginnings.
The bitcoin is here to stay and has created a revolution in the monetary system around the world. And we can be proud to be living the moment when this is happening.
Bitcoin is heading to $4,000 usd per coin and I am sure that the price of bitcoin in 3 years will be exponentially higher than is today.
In Bitcoin we trust, god bless you all
I could not agrre more to your observation. And another thing is that bitcoin is what dragged most of the people in to the crypto currency world. Meaning, they got interested in cypto currencies because they saw bircoin and its potential that is why i believe that no matter what altcoins these people get a hold off, they would still stick to bitcoins or never let go of bitcoins. Plus, it is not limited into just 1btc. I can be divided into pieces just like a dollar and its cents. And we all know that this capability of bitcoins are really important because the price of bitcoins are getting higher and higher each day.
That's what i think.