Question,
I am reading a lot of articles again today that Bitcoin will burst because transactions are way to high and payment processing time takes so long... Only people who speculate on the price are holding btc now...
If the Bitcoin bubble burst, do we go down as well or could it be a massive shift from Bitcoin into other coins? I guess we go down, a lot of speculators that own Bitcoin don't know shit about other better coins...
Monero would probably lose most of its value, but still dangle by a thread. Seeing that XMR is probably the only coin that is actually used to buy and sell real, physical items it probably wouldnt die out completely.
However most people who hold XMR probably hold to speculate and the items that are usually bought and sold are illegal.
Perhaps lightning will fix this potential issue soon...