Yes it will. Very soon I predict.
Bitcoin will come crashing in the coming months in 2018. Its dropped ever since 20k and doesnt have the momentum to go up again.
Bitcoin is a shitcoin. A glorified shitcoin.
Yes it was the original cryptocoin and have made the way for the cryptospace to grow and thrive.
But today its a dead shitcoin.
It consumes so much electricity just to have the network running. It painfully slow. The network steals your money everytime some does a transaction because the fees are so high. It have forked to several subcoins because people cant agree and is soon forking more.
Bitcoin is mined today by the wealthiest miners that can afford expensive farms or hardware that overcome the laughable high resistance on the network, the rest are nothing more than investors. Investing on a shitcoin.
Time to move on. People are dumping their Bitcoins for something else today like XRP and Ripple, and I suggest you people do the same because odds are high that Bitcoin will drop bigtime in 2018. Unless you want to go down with it.
I partly agree but not with your conclusion.
Ripple might be better with transactions, but what about privacy and decentralisation? Shouldn't we look for a good replacement?
I don't think so that Bitcoin can be replaced by any other cryptocurrency because Bitcoin today is the leading cryptocurrency and all the other cryptocurrencies altcoins are regulated with respect to Bitcoin.There are many investors of Bitcoin who daily invest in it.More and more users are joining Bitcoin as a profit margin is very large and they receive their profits in the short period of time.It has established itself in the market and is known by many people.Whenever there is topic of cryptocurrency.the only name that comes to mind is bitcoin only.