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RE: The Writing Is All Written All Over The Walls. Bitcoin Core Is Dying While Alts Exploding In Adoption. From The Ashes They Will Rise.
Bitcoin will never die. It is mother of all Altcoins. It should and will shine again
The use of Bitcoin is dramatically decreasing as I showed there on charts. Myspace was also the mother of social media for a quite some time. While I will agree Bitcoin will not die I am predicting a dominance under 20% this year. Eventually, it will fade away if it development continues to lag other coins. Just like Myspace.
Market cap % is rising though and i don't see any of these coming etf funds speaking about alt coins. Bitcoin is not my big love but will never die, like weeds and nasty insects :-)
The longer term trend dominance is collapsing. 85% from last year. I am looking at the next 2 years where markets are heading to make multiples like from 2015 to 2017. In 2015 the dominance was 95%, today is 39%. By next year I see it at 20%, so not dead.
I am convinced that Alt coins are gradually making their space by improving their speed of transaction but when anybody talks about crypto, the first coin comes in mind, it is Bitcoin so it will remain best marketable coin for some years to come until currencies like Ethereum, Ripple and like coin replace it.