I see all these Bitcoin $50,000 predictions all of a sudden... I ask myself why would anyone spend $50,000 on BTC when you can get an altcoin that can do it better for a couple of dollars.... Im all about the technology here, block chain and Directed Acyclic Graph and whatever is next...... But lets be realistic in the digital world once a better system comes out it makes the previous one obsolete...
I would like to see a free and open market here, but I don't think that has been achieved yet in cryptocurrency. I believe its coming is inevitable.... In my mind starting in October 2017 I saw a huge shift from Bitcoin to altcoins and BTC's recent drop to $6,111.....I believe this to be further proof of a shift away from BTC and ETH .... Right now one thing thats holding the tech back is having limited exchange pairings, Etherium and Bitcoin primarily make up the trading pairs and thats one of main reasons these coins are even still at all relevant....
Things such as: scaling problems, mining power consumption, centralized mining, mining difficulty adjustment that is too slow make BTC obsolete.... Things such as: scaling, funds stuck in parity wallets they wont recover but the whole start of the coin was based on the recovery of funds from the Etherium classic DAO hacking,these things make ETH obselete
I look forward to the future of coins like NEO, ARK, BITCORE, BURST, NANO, VERTCOIN, DIGIBYTE etc. Whaat coins and technology do you look forward to???