With your logic Bitcoin gold (Equihash dec same as BTCP) (Its almost exactly the same coin) should be 1000$ too? BTG is crashing cuz none wants a wannabe dec Bitcoin. Thats hwy BTCP wont be even close to BTC
BTG is not Z coin, there is a huge difference. Z coins provide anonymity that BTC, BCH, BTG and any other coin doesn't have (BTCZ has, but too high max supply to be a competitor). Markets are not crashing because of "wannabe dec Bitcoin's". Markets are crashing overall because all the FUD happening around cryptos. Many people cashed out and are afraid of possible regulations. Overall crypto market volatility is on red level and having a bearish run.
That's why I buy Monero
Monero is a good privacy coin, however the transaction size and fee is ridiculous.
Try to do multiple small transactions, and you will end up paying more in transaction fee than the transacted amount.
Hopefully Monero can reduce the transaction size thus the fee with the Bulletproofs implementation, otherwise they will be out in the cold.
Another problem with Monero is the effing slow/complex integrations.......
An example :
Hardware wallets, they have been talking about that for ages, and it is still under development.
The way I see it:
Crypto v1 =
BitcoinCrypto v2 =
Monero with Bulletproofs Crypto v3 =
BTCP with zk-STARKS