Why Bitcoin Will Crush All Other Coins in Value

While it's true that low market cap alts have the ability to outpace Bitcoin in percentage returns in short term periods of time, they ultimately have upper limits on their ultimate value.

Bitcoin is first and by far the most well known to the public. It's listed on every exchange. All other coins follow Bitcoin. The only thing that makes alts attractive is the one thing I believe is about to change. The price of Bitcoin is going to decouple from the price of alts soon. The SEC has made the correct determination that ICOs and coins like XRP and ETH are probably securities.

Take Ripple for instance. The company has issued 100 billion tokens and owns 60 percent of them. While it may be true that the platform could survive without the company it would require co-operation from the company for that to happen. Ripple sold 140 million dollars of XRP in the first quarter even though the price has fallen 70 percent. There are investors in Ripple the company that have taken cash out of the market for XRP while owners of XRP are hoping that somehow Ripple the company can make XRP more valuable. Even if it's not legally a security there are big conflicts of interest in how Ripple the company can control the price of XRP. And the amounts of money are not small. We are presently talking about 26 billion dollars. The public deserves at minimum a clear picture of the operations of Ripple. So while I do not agree that the public should not be allowed to invest in crypto, they should be able to know information that would allow them to understand the path for their investment to become more valuable.

I believe that ETH will have problems because a lot of tokens are created on their platform. While their platform is an innovative breakthrough it is a breakthrough that purchasers of ETH do not derive revenue from like a regulator business. So there is no reason at all for ETH to be worth 65 billion dollars. It doesn't matter if it's the best platform in the world if ETH holder's get no income from that fact. So ETH is ultimately just a fancy store of value just like bitcoin. And ultimately Bitcoin is going to win that store of value battle.

The alts are going to cap out in value and BTC will keep increasing in value. People are thinking that when Bitcoin has 1 trillion value ETH will have 300 billion value and ripple 200 billion. But it's not going to work that way. Bitcoin will outperform all of them soon.

The SEC just gave the green light to Bitcoin.

Sell all of your altcoins and put that money into btc. In the short term alts might do better, but it won't last and later you'll see Bitcoin continuing to increase while the alts fall apart. People are not going to like this message.

Submitted June 09, 2018 at 06:07AM by olesentv https://ift.tt/2LycsmY