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RE: Bitcoin could be worth $50,000 per Coin in the not too far distant future
Bitcoin scales like garbage. I mean 3.5$ for one transaction? You really want the fee to go up to 50$??
I think Neo might be the next big thing. It is a better Version of Ethereum.
I think more and more that Bitcoin is acting as a kind of reference point and is not meant to take over all currency transactions; fiat is already capable of doing that within country borders to a considerable extent. Certain cryptocurrencies will prevail as the chosen ones to extend this there where fiat runs into roadblocks (checks, fees, delays, etc). Or fiat may fall out of grace if central bank actions erode confidence in fiat currency further. 'No fees' currencies like IOTA and RAIBlocks are already banging on the door.
All that Bitcoin has to do, is continue to function beautifully.
Remember BTC has the advantage of being first, and probably one of the most trusted. I'm sure there are better coins for the purpose of transaction. But Bitcoin only needs to be a store of value. Even "just" as that, we should see prices between 50k and 500k. Even prices above that is possible.
Yeah that is really the only advantage it has. There will always be a reference Crypto but I doubt it will be BTC for much longer. I give BTC 2 years max as the leading crypto.