I was just watching a vlog about the pressure out of BTC into the alts due to the blocks being full and the network fees have gone to the moon. So everyone is looking at Dash, ZEC, BCC/BCH, XMR. The pressure is on and people are shifting away from BTC because they have slowed the network to a crawl and are charging large fees to get anything processed.
So this may tie in with the sudden shift at Bitmain to Scrypt and X11 mining. Could be an interesting correlation there that should be taken note of. Now is probably a good time to move a little BTC over to BCH/BCC, Dash, XMR, ZEC and others who have addressed some of these issues that Bitcoin Core appears to be completely missing the boat.
This keeps up and Dash may be at $500 or higher by the end of the year. BCC/BCH has jumped and wouldn't surprise me to see it continue as they are decreasing diff on that coin so it is going to be more profitable to mine than BTC if I understand the easing they are planning for Bitcoin Cash.
Exciting times for the alts, Core is about to see a mass exodus as they have lost touch with the mandate, mission, the reason for BTC's existence...
So this may tie in with the sudden shift at Bitmain to Scrypt and X11 mining. Could be an interesting correlation there that should be taken note of. Now is probably a good time to move a little BTC over to BCH/BCC, Dash, XMR, ZEC and others who have addressed some of these issues that Bitcoin Core appears to be completely missing the boat.
This keeps up and Dash may be at $500 or higher by the end of the year. BCC/BCH has jumped and wouldn't surprise me to see it continue as they are decreasing diff on that coin so it is going to be more profitable to mine than BTC if I understand the easing they are planning for Bitcoin Cash.
Exciting times for the alts, Core is about to see a mass exodus as they have lost touch with the mandate, mission, the reason for BTC's existence...
Check after Segwit is activated before making too many assumptions, as Bitcoin will always be the alpha dog of the pack. I like some of your points you bring out though.
Cheers