If btc were just competing with fiat; absolutely.
Bitcoin is useful and finite, which is why it's valuable.
But 'useful' is relative.
A lot of Alts are substantially more useful than bitcoin and still finite.
I can see its cc market dominance starting to slip in the next 6-12 months.
Once its firmly below 40% a lot of people are going to assume its heading for zero.
If btc were just competing with fiat; absolutely.
Bitcoin is useful and finite, which is why it's valuable.
But 'useful' is relative.
A lot of Alts are substantially more useful than bitcoin and still finite.
I can see its cc market dominance starting to slip in the next 6-12 months.
Once its firmly below 40% a lot of people are going to assume its heading for zero.
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