Heisenberg Capital, a venture capital firm led by early credit digital currency adopters Max Keizer and Stacy Herbert, said Bitcoin's dominance will continue to grow.
The company hinted that the altcoin still lacks viable use cases or lacks a reliable value proposition. "As the BTC climbs to $100,000, we believe that everything except BTC will die."
- Bitcoin rebounded after falling below 10,000 US dollars, and the altcoin bears a large selling pressure
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- The top ten characteristics of the amaranth in the currency circle, how many of you?
- There is no doubt about Bitcoin's safe-haven properties. Will there be spring in the altcoin?
- BTC's market capitalization has fallen to a 7-month low. Has the bull market for mainstream currencies come?
- In this round of bull market, you may not be able to wait for the outbreak of the altcoin
Most of the top 20 crypto assets in 2013 no longer exist, and ETH, XMR and EOS tokens have replaced Namecoin, Peercoin and Feathercoin, all of which were once smash hit digital currencies. These little-known projects have not only disappeared from the public's memory, but some projects have been completely abandoned, and their token value has disappeared.
In addition, Max Keizer said: "Bitcoin and gold, like traditional French currency, are a 'safe haven' asset."
He believes that once the market generally acknowledges this fact, as capital moves to bitcoin, the value of the asset may exceed its historical highest level. (Mars Finance)
