Bitcoin, an antiquated technology on its' way out for good. Why? I'll give you three reasons.
BTC takes 4 hours to confirm a transaction.
XRP only 3.6 seconds.
The future of crypto-currencies is rooted in providing a product to a consumer using that companies coin. These companies are going to need fast transactions to be able to process customers requests. BTC just doesn't have the speed capability.
Why is BTC so high priced? It was the first. Name recognition among every newbie investor in the world can go only so far in driving the price up. In reality, Bitcoin is a system that isn't really useful in the modern crypto world. It doesn't provide a service better than another blockchain, nor does it provide an actual good.
The only saving grace for BTC may be that it is the currency for which buying alt coins is based upon giving it a market niche. However, many markets are now making it possible to use Ether to buy many of these trading pairs.
Bitcoin may rise and fall over the next year, but its' long term prognosis is bleak. The coin that started it all is turning gray in front of our very eyes. Its' bones ready to break from trying to catch the new kids - hours from death. As investors, it is high time that we turn our eyes from BTC, and move our money to the future. Projects like Ethereum and XRP provide the speed and efficiency the crypto market of tomorrow needs to flourish.
Will you ride BTC to Davy Jones' Locker, or will you catch the bus to the land of the Jetsons. The choice is yours.
