"The real question is what will the blockchain / cryptocurrency space look like 5+ years from now?
I'm of the opinion we'll see a major thinning of the cryptocurrency space in that time - think dot com burst and all the subsequent bankruptcies."
- Couldn't agree more, the whole ICO craze and 100 new cryptos coming out every day is definitely a bubble. But hey, if they (any given new cryptocurrency team) can raise millions as easy as snapping their fingers, who can blame them for capitulating on the craze?
Yep, BItcoin is definitely the giant Jabba the Hutt in the room, rich, fat, popular with everyone...let's just hope it doesn't get the life choked out of it in a similar fashion
That said, it still has SO much momentum as the original cryptocurrency, name recognition and worldwide adoption - I mean seriously, you can use it on Shopify and a bunch of known retailers (https://www.lifewire.com/big-sites-that-accept-bitcoin-payments-3485965)...and I think this number is only going to grow. We gotta survive this fork first though! Speaking of which, it's my opinion Bitcoin will survive in some form or another, like I said it's just too established and there are too many people banking on its success at this point.