Because of Bitcoin's 2017 price appreciation, I don't like the risk/reward scenario for the coin. At best Bitcoin may reach 30,000- 50,000 $ in 2018 but I see a fair bit of downside risk as people start with Bitcoin as an entry but educate themselves on cryptocurrency from there. Bitcoin doesn't look great when you start to look at it technically and its development team can't seem to get anything done, which at the moment cannot function as a currency. So at its current price, why invest in Bitcoin when there's so many great projects with great tech and great teams applying blockchain to the worlds needs.
You are viewing a single comment's thread from:
I couldn't have said it better myself. At this point I am investing in the coin that could make me substantial gains, and at this point I find it will be a lot more challenging for BTC to double or triple in value when compared to things like EOS or Steem
My thoughts exactly.
Why is it that BTC can't operate as a currency as it stands now?