Post
Topic
Board Bitcoin Discussion
Re: Would Bitcoin ending up like Yahoo in the future?
by
First77
on 31/01/2018, 18:51:44 UTC
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.

Silver was $80/ounce in year 1980. That's like $5000 today. Now Silver is $18/ounce.  Angry

Bitcoin going back to $100.   Grin