Yahoo was the first (?) search engine at the time when Internet started. It was the pioneer in its field. In the late 90's its market cap reached to a high closed to $120B. Three and a half years after Yahoo started, Google came out and gradually took away market share from Yahoo.
After 22 years, Verizon bought it for $4.8B. Would Bitcoin ending up like Yahoo in the future and got beat up by new competitions?
What do you think? Please provide your reason(s) to support your view.
Quite a remarkable point to note here; and with point historical facts. The Bitcoin growth has been quite sporadic and I for one have had the several thought of a coin that will be introduced to lighten the strength/growth of Bitcoin. The other counterpart; the ethereum that should be growing in a corresponding rate is no where close to it. Just as the introduction of google to the market and somehow with new innovative ideas, they stole the market from yahoo, it is quite possible to have a coin that will outshine the bitcoins. We await this earnestly.