Bitcoin has the first mover advantage and by far the largest user adoption, this is what makes it more stable and valuable than any other of the thousands of cryptocurrencies which have appeared after it. However, from the technological point there are far better coins than Bitcoin out there. I think it is just a matter of time when evolution will take its course and some other better structured currency will take the stage and Bitcoin will start to fade.
Yes, thats right. If we look at the price and stability of
Bitcoin, surely everyone will choose
Bitcoin. Especially with the rising
Bitcoin prices, people will choose
Bitcoin as a destination for investment. But if we look at other things like technology and competition, maybe we will choose Altcoin or other cryptocurrency. That's because
Bitcoin mining is now very difficult and we should look at opportunities that are in other coins.