- [ THE END OF BITCOIN DOMINANCE ] -
In times of uncertainty with bitcoin... Get out of Bitcoin. Blockchain it still a disruptive tech, but in times of chaos and uncertainty diversification is the smartest option. What we expected to happen the next year will probably happen very soon. Bitcoin Core hashrate is now below 50% for the first time ever and Core are in panic. It's an absolute mess of that side right now. At the same tim, there are a lot of amazing work on Altcoins.
Here is a summary of what I think are the best options, assuming Bitcoin loses dominance:
Ethereum (ETH)
Ripple (XRP)
Dash (DASH)
Zcash (ZEC)
Nexus (NXS)
Monero (XMR)
Expanse (EXP)
Maidsafe (MAID)
Steem (STEEM)
These altcoins are better in many aspects than bitcoin, they are very well positioned in blockchain technology, with investors, developers, collaborations etc.
Bitcoin may have "The longest blockchain" but that does not mean that this fact is definitive to have faith and to believe blindly. The hashrate of many blockchains and their underlying technology also make them very a valuable, this is why they have behaved better in the market, such as Steem and Ethereum
This articles might interest you:
What to Watch Out For Before Investing in Altcoins
Crypto Market Is On Fire Right Now
what are your thoughts on this?
See you soon fellows!
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Great advise, but I notice a distinct lack of "Steem"on your list! Resteemed, followed and upvoted.
So true! Thanks!
Solid article. Everyone talks about bitcoin being taking down by another coin. We will have to see. I think it will be awhile before bitcoin has any serious competition.