Post
Topic
Board Economics
Re: Will the bitcoin be outdated by another currency?
by
cinchin1
on 01/09/2018, 10:36:31 UTC
It is difficult to predict the future changes in the market, therefore, the smartest way to invest in digital assets is to build a well-diversified portfolio based on your risk preference and investment goals. Such a portfolio would likely include a substantial holding in bitcoin and small exposure to promising ICO tokens. I have found a trustworthy ICO project. It is called Socratus.  It is an insurance ecosystem which provides a digital platform for insurance companies. So any insurance company can connect the platform to become the part of Insurance Digital Ecosystem. Their main aim is to create a win-win insurance whereby you get instant claim payment,  fair and transparent dealing and friendly prices. They are also helping insurance companies to reduce costs (it can be reduced from 15 to 25 %) and get their business on a new level. Also, they are powered by Smart-contracts & Socratus Oracles. It means that there is no more solo human decisions to pay or not to pay, no more lingering manual claims handling procedures.
this is very good and very structured, I really agree with the opinion you say that predicting future market changes is very difficult all possibilities can occur, including Ethereum beating Bitcoin dominance in the future  Cheesy
Personally, I think if bitcoin is defeated by another crypto, the collapse of the market is probably the end result that we will get because most people always consider bitcoin to be the center of all the stories around the crypto, it accounts for most of the market capitalization. And when bitcoin happens problem or it loses its position in the market, the confidence of investors to the market would disappear, they will fall out of this place to find better land