Of course many project make a lot of promises and most will not deliver, but still I am wondering if Bitcoin can scale and be what people want it to be. If the technology is too old and will not work at big scale, it may stay as a store of value or fade away when better technologies arise.
I see that a lot of people invest and believe in bitcoin, but I just don't see how it will work in long term, for anything else than a store of value.(which may still keep it very expensive)

Can you please explain why you think so, how do you see bitcoin in the future. Will it scale and how or it will be used as a store of value?

Thank you everyone for your answers, time will show what will happen, I just wanted to hear other points of view.

It really comes to that if bitcoin can scale, without get centralized.
Now the system capacity is full, on blocktivity shows that there is many unconfirmed transactions, and still we are very early and much more people will use it if it gets mass adoption.
Can someone explain why he thinks lightening and segwit will solve the problem and how?
May bitcoin stay big even without scaling as a store of value?



I did not mean to talk about other projects, but just talk in theoretical terms, maybe the project I am talking does not yet exist, or it is among the top altcoins.

Hi everyone,
distributed ledger technology is the future, I think most people agree on this, but why bitcoin?

Bitcoin is the oldest system, it is not scalable, it needs second layer scaling solution, it is energy consuming, there is few big mining pools and is not very decentralized. There are other problems too.

Woudn't a 3rd generation blockchain that is more decentralized in practice, less energy consuming, cheaper, and offer smart contracts and many more possibilities surpass bitcoin at some point?
Is the first move advantage so big, is there something else I am missing?

It is not always a bubble, but it is very hard to determine the fair price for the cryptocurrencies. So they are usually overvalued or undervalued and the cycles keep repeating. That's why I expect a big bubble in the next few years, but of course they may raise gradually together with their development and real value.
I really don't see how bitcoin will stay bigger than EOS and Cardano, which will be much more advanced technologies, but maybe I am missing something.

Hello, it has been more than a year since I started this topic.  Since then the bitcoin start recovering and increasing its dominance compared to altcoins.
Altcoin projects are not dead and keep improving and developing but for now these is no big interest in them.
How do you see the future, will bitcoin stay as the dominant cryptocurrency or will be surpassed by the best altcoins and why?

Tether now costs 96 cents on the exchanges. I still can't find a way to sell it for USD in 1-1 rate.
It looks more and more like a scam.

In the last bubble it took 2 years for bitcoin to recover, and similar thing may happen again. Of course everything is possible in crypto and bitcoin may recover faster, longer or never.
The altcoins I think are likely to follow different pattern. Eos already surpassed the bubble peak and many other third generation projects may die or explode much earlier. If a third generation finishes their project and offer better platform they may surpass bitcoin.
The best thing is probably to diversify and gradually enter the market and have enough FIAT to buy if cryptos dip even more.

I am a big believer in Distributed Ledger Technology and think the overall market will go up, but about any particular currency we don't know, and that is true even for bitcoin and etherium.

Yes, it looks like that. Now our job is to find the right projects.

Look at the third generation projects like EOS, NEO, Cardano and others. You need to research for yourself to pick the right project, but if they accomplish what they are planning, will become huge.

I think the future belongs to the third generation cryptocurrencies.
Cardano, EOS, NEO, IOTA or some new projects.

This is very likely scenario for bitcoin. That's exactly what happened in the last bubble. Here are some charts:
https://bitcointalk.org/index.php?topic=4322295.msg38766563#msg38766563

I think the quality altcoins have much lower chance to follow this pattern.

Here are the bitcoin charts from the last two bubbles 2013/2014 and 2017/2018. They look very similar and if history repeats we may expect long downtrend for at least one more year.
https://imgur.com/a/B3sXfkz    2013/2014
https://imgur.com/a/QWESymv    2017/2018

Here is 2 year chart after 2013 bubble:
https://imgur.com/a/MrcMKq5   oct 2013 - oct 2015

The cycles repeat very similarly, just 2013 it took more time. Do you think the same will happen?
Do you thing the altcoins will follow different pattern, if they release good working products. Isn't it better to switch to utility coins like Etherium, EOS, NEO, Cardano, IOTA, ICON and similar projects?

I believe governments at some point will stop trying to stop it but to use the technology, cause as it allows total privacy it also allows total surveillance and control. It depends on how the system is build and lets hope the most adopted networks will have the right balance.

But what do you think guys, which of the existing projects have the best chances to be among the top 5 in 5 years?

Hi everyone, I have been following the forum for a long time but never posted. Now I wanna share my thoughts on the cryptocurrencies and hear your opinions too.


Distributed Ledger is a great technology. The internet of value is as revolutionary as the internet itself, and it looks like 2017 wasn't the last bubble.
The market will settle and will start raising again, but who will be the stars in the next crypto bubble and how big it may get?

The era of digital economy is coming and we will be able to trade everything easily, so I don't see a point to use a pure currency instead of utility currency or stock, that will give me a return  like NEO or EOS.
It seems to me that the first cryptocurrencies that have a solid real life application will rise at a higher rate and even surpass Bitcoin in future. I don't think that Bitcoin will die, it will stay as a store of value but the real giants will be others.
I would bet on projects like EOS, NEO, Cardano, IOTA maybe even Ethereum if it evolves, and I am sure many others have a chance too.

And how big the next bubble will get?
Dotcom bubble is estimated around 5 trillion dollars if am not wrong, but it was almost 20 years ago and the real value of this money is much more now. It was concentrated in a small parts of the world and even there many people had difficulties or didn't know how to invest.
Now the information is more available, it's easier to buy and much more people all around the world can do it. So if some projects succeed and offer real life applications, the bubble may raise to tens of trillions of dollars!!

Of course the cryptos may go another way, but I think a huge bubble is a real possibility in the next 3-4 years.

What do you think guys, am I wrong somewhere?
Which will be the top five cryptos in 5 years?