Quote from: Razick on October 12, 2017, 02:49:35 AM

Quote from: yugyug on October 12, 2017, 02:17:07 AM

In the next five years, there will be a lot of Bitcoin forks, a soft forks, a hard forks, a networks splits ans a chain split but because of this the Bitcoin's value is still high it could reach as high as 50k USD, but it will take a lot of struggles, up and downs. There will be more banning, bashing, take-downs,regulation and any other anti-bitcoin activities but if we are still optimistic bitcoin will still stay strong and keep standing still through the test of times Bitcoin is the king after all.

Recently I have become more skeptical about Bitcoin. Not the technology of the blockchain, obviously, but the actual currency itself. See, it is so easy to create a new coin/token these days that almost anyone can do it. Will Bitcoin persevere despite others making better coins already? I mean there are countless coins with better technology than Bitcoin, and it is only getting more so like this by the day. I just don't see how Bitcoin would be able to continue dominating all other coins when it lags behind in practical use.

This is a fairly correct observation, however, the network effect is hard to get.

Eg who will dev your chain....? will there be as many top devs interested in your chain as BTC? Will exchanges decide to implements it?

Past a certain point like BCH, or ETH where the uptake has been, every exchange, then ok. Where you coins offers little new....well...its kinda a dead end.