3 ms·
I want to play too! Here's my prediction: Ethereum and Monero continue to grow in market cap as they work and nail a niche very well. Bitcoin core starts to
by ericb 9y ago
I want to play too!
Here's my prediction:
Ethereum and Monero continue to grow in market cap as they work and nail a niche very well.
Bitcoin core starts to decline in about 3 months as volumes on Bitcoin Cash grow. Lightning doesn't pan out because it has strong centralizing forces so it is no better than fiat, and it will still have higher fees than Bitcoin Cash because it adds use, rather than limits it, which further increases demand, and therefore fees.
Bitcoin Cash grows as it takes the mantle from Bitcoin Core.
The market hasn't noticed that real innovation and development is taking place on this chain yet. It has adoption coming in from business that depended on the cash use-case and built for bitcoin core. Bitcoin cash also has features coming that were planned for a low-fee environment, like colored coins.
The success of Bitcoin Cash over bitcoin is an inevitable consequence as the public will prefer a store of value they can transact to one that can't be moved. If you make 20 transactions with $400 in Bitcoin Core, because of fees, it is gone! There will be more forks, but none will gather critical mass.
One or two of the newer crypto speculations delivers and succeeds. The others do not. Most of the DAG cryptos are dependent on "goodwill among men", vs. relying on greed, so if they take the spotlight, they will fall to attacks.