Exciting time we are living in :) For me is the bigger question: Will cryptocurrencies replace fiat money? :D
That would be amazing but you are right there are now some problems with BTC.. Let's look what happens in future :) I am invested in every of these 3 coins :P
I think that they could co-exist, and probably should.
I think that fiat money will be replace by fiat crypto. But governments always want their own game.
I COULD see a cryptocurrency becoming a neutral trading currency, rather than using one of the existing so-called "reserve currencies". But the banking cartels which make major money from the trade financing through these currencies will fight this.
Banks will start actively fighting decentralized cryptocurrency when they feel it is a big enough threat. Banks are trying hard to figure out how they can utilize blockchain technology.... BUT without giving up control.
@mvidberg does that mean its a good idea to invest big in ripple?
Maybe, if you like the idea of supporting a centralized blockchain.