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RE: What will Bitcoin do next?

in #bitcoin7 years ago (edited)

I confess I'm a little divided between the continuity of bitcoin evolution and the surge of ethereum to new unprecedent higthts, because until now bitcoin was mostly being used by people who wanted to by or pay for services that are already on the market and don´t have blockchain roots. And now we are starting to witness a rapsody of blockchain based companies, all of them using ethereum as the mother coin.
Considering the supply and demand rule, there isn't much of a demand for bitcoin in this new market of ICO's followed by the correspondent blockchain companies entering in the market.
Not to mention the transaction fees that are reaching ridiculus values. On a world that people and companies always seek for the cheaper, fastest and safer, I guess bitcoin is getting behind the "competition".
What do you think?

Thanks @jrcornel for this post, amazing work in calling peoples atention to this matter.
Keep on!

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