"Soon" would be in the next 1-3 years or so.
One of the biggest dangers for BTC is something more useful coming along and investors switching - a process which could happen extremely fast, once started.
So to all the tech savy people in here - what advantages could other cryptocurrencies bring that will give them a crucial edge over BTC, and how fast could something like that come along?
do you mean transferring trust and also the current Bitcoin price to other altcoins? I think it's very difficult to do.
it's not easy to build a big trust like the one that bitcoin has today.