I think it'll lose is position of dominance when the focus amongst blockchain enthusiasts shift from a simple "store of value" concept to more utility applications like we're seeing with Ethereum. Literally every other coin can act as a store of value, and many, with much faster txn speeds and cheaper txn costs than bitcoin. You can't say the same about bitcoin acting as a utility token.
My sentiments exactly... Bitcoin as the first proof of the workability of blockchain technology holds that distinct store of value nature because it's the first.
But then, I wonder how it did trump the first ever alt coin? If not perceived useful
I think it'll lose is position of dominance when the focus amongst blockchain enthusiasts shift from a simple "store of value" concept to more utility applications like we're seeing with Ethereum. Literally every other coin can act as a store of value, and many, with much faster txn speeds and cheaper txn costs than bitcoin. You can't say the same about bitcoin acting as a utility token.
My sentiments exactly... Bitcoin as the first proof of the workability of blockchain technology holds that distinct store of value nature because it's the first.
But then, I wonder how it did trump the first ever alt coin? If not perceived useful
Steem will beat it.
I wish steem would beat bitcoin, every content creator would get rich in a day! lol
I think bitcoin will fall.
In the words of luke skywalker its time for the bitcoin to end