My personal opinion is long term BTC is going to fail. It's simply not good enough fundamentally. Other cryptos like Litecoin with the same use case are better (not making a case for LTC). Coins that have other purposes like ETH and STEEM will be the future IMO. I definitely wouldn't long term hold BTC right now.
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Hey @exxodus...I really hate when it seems like I'm waffling on my opinion; but, I totally agree with you on many levels regarding BTC. It is a very controlled asset, manipulated by a few.
I'd like to think that it might become a tangible alternative to fiat, long term; but, there are so many ramifications needed for this to occur, that yes, as is, fundamentally it's most likely to fail.
I have to admit, I will prolly hodl simply because I don't have much of a vibe for crypto at this point. I embarked on this journey just to see what it was about; and, have to admit it leaves me a bit 'underwhelmed' due to volatility and too few regulations...I can't believe I said that.
Thanks again for the tip!
Peace.
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