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RE: Bitcoin: The Bull Market of 2017
There will be few cryptos with specific utilities. People buy sports car for the madness it delivers and Prius for the mileage. It's impossible that there will be only a single dominant crypto ever.
Other coins will be used for day to day transactions where BTC would still remain as the Alpha. Another magnificent crypto project is IOTA. No one is making noise about it but it is rapidly growing only on its merits. We will soon buy coffee using several cryptos including the Alpha once we have Lightning Network ON for instant and micropayments.
For now, just HODL...
Agreed. Every architecture is about tradeoffs. The idea that one blockchain can optimise for all use cases seems rather unlikely to me.
Also bullish on IOTA and EOS
Yeah, I did grab few when EOS was at 0.3x recently. I wonder until EOS is fully released where could Ethereum be? It may be at its best with many upgrades and price rocketed above 1k.
IOTA is almost 1.5USD and partnering with all big corporations; Microsoft, Fujitsu, BMW, BOSCH etc. They are really making machine to machine transactions possible in fractions of dollars which is not possible with any other crypto due to the fee structure.
Amazing projects; sometime I feel there is no time left to research on these project after my 9 to 5 job. I may exit soon, HODL n wait for the time...
I'm a HODL'er :)
I'm glad to have picked up some IOTA in August. Definitely an interesting project.