Will another cryptocurrency see the 10,000x gain like Bitcoin? Which one(s) and why?steemCreated with Sketch.

in #cryptocurrencies7 years ago

I am sure there will be because something needs to replace Bitcoin, eventually. All tech gets replaced in the long run. However, most people will not be at the first stages of the currency where it is cheap enough to justify the risk & returns. Right now it is looking like Ethereum or Litecoin are already on the way to that path.

Ethereum has had more dramatic growth then even Bitcoin did so it is still expected to grow. But at the current price does not justify the risk. If it goes to $1000 or above (which it probably will) one would receive 4x the money back on the investment (at $250/per coin purchase). However, if you would have purchased in December you would have much more (it was $8/per coin then).

LiteCoin is still cheap, has had years of stable history and is most simply a better version of Bitcoin. If it was called Bitcoin 2 it would probably have had a lot more action then has to date : ) Many Bitcoin developers would find it easier to develop for a similar technology, rather than something entirely different (Ethereum). Now that Segwit was activated, lighting networks and smart contracts are on the short term roadmap. This makes Litecoin the most relevant alt-coin underdog. In the coming months I would not be surprised if it goes above $100/per coin. However, crypto coin markets are not logical and the entire bubble can pop at any moment.cryptos.png

Sort:  

The two I see (beyond bitcoin) with the biggest ratio of growth opportunity to risk are antshares (NEO) followed by steemit. What do others think about these two? I posted yesterday my criteria for finding a crypto to put in my long term portfolio.

Well described

Congratulations @mani3! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard!


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @mani3! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

The Steem community has lost an epic member! Farewell @woflhart!
SteemitBoard - Witness Update
Do not miss the coming Rocky Mountain Steem Meetup and get a new community badge!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.23
TRX 0.22
JST 0.036
BTC 98604.28
ETH 3469.99
USDT 1.00
SBD 3.20