Greetings, look at that super clickbait title. Or is it?
I believe that 2018 will be the year when investors and traders finally realize that bitcoin is in the stone age and that in the crypto market, there are coins considered "alts" that should actually be the "main coins".
Bitcoin technology is so slow, so expensive and offers nothing else than a store for value and let's not forget the electricity consumption of all the miners, using up enough to be considered a country and the more popular bitcoin gets, the higher up in the rankings of usage we go.
So we definitely need to sit down and have a cup of coffee with the bitcoin evangelists and give them the talk. Not the sex talk, but the talk that they should divert their energy to the more superior non-shitcoin, "alts". I must say, at least (at time of posting) 66% of people have been converted to "alts", they've been converted to too many alts, but that's a topic for another day. We just need to finally get that last 23% die hard evangelists to get off the bitcoin crack and on to the "altcoin" sugar. A market cap of 10% is fitting for bitcoin right now with a market cap of 1% in the future.
I do believe that 2018 will be the year when headlines hit "The bitcoin bubble has finally burst" in a typical news fashion, and an altcoin has hit the top of the charts bringing in another trillion dollars or so into the crypto space.
What altcoin will reign supreme (at least for the near future)? I'll cover that in my next post.
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