Altcoins may experience a temporary rise in price and many investors may benefit, but no one will be able to have the 100% confidence that can be placed in Bitcoin. Everyone who has good knowledge of the market invests in altcoins for temporary profit but they ensure safety by holding their investment in Bitcoin for a very short period of time.
But that's just it: either a product is safe or it isn't. Consumers want 100% confidence: there is no such thing as 101% confident or 200% confident.
Hence when non-Bitcoin platforms become more popular, some will establish records of being 100% safe
just like Bitcoin.
Do you feel safer at McDonald's than you do Burger King? Is a Toyota safer than a Honda? Chances are, for 99% of consumers, these products are
exactly the same from the standpoint of risk because they are both well established.
So yes, Bitcoin has a stronger brand name for safety
right now but this market is still very new and things are going to change drastically over the next 20 years. Millions of people are moving to non-Bitcoin products now because Bitcoin does not scale--and
scale is what will determine the long-term winning in this business, regardless of what short-term brand names there are.
If you want to find the long-term future winners of the digital currency market, look for the one that has the
fastest paradigm possible. Brand names come and go.