Hello everyone,
Bitcoin has many drawbacks, slow transactions, high transfer fees, most of the funds are held by legal authorities such as FBI and Interpol and governments such as China and others.
These are just a few of the disadvantages that Bitcoin has.
This does not mean that the Bitcoin currency will stop rising in the near future, but not for long future.
What about the long term?
- Monero - will rise up to $5,000-$12,000
Bitcoin will grow more. You noticed right now fees are way lower then they were in December. I disagree about shitcoins you mention. But you you seems to found Monero and you are right. Monero will be over $10k quite fast. Should take max 2-3 years.
In any case, the current time is only the beginning of the development of the cryptocurrency market. If the popularization of cryptocurrency will be very positive, then we will get very good results from our activities after some time.