First, however, it is useful to back up a step. Bitcoin and other digital currencies have been touted as alternatives to fiat money. But what gives any type of currency . Bitcoin Successful currencies are divisible into smaller incremental units
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Of course the value of bitcoin is very good and strong and it also has a lot of money and people invest a lot in it I also like to invest in it because it is very valuable and good and its a lot of work in the future. And every servant will do his work.Bitcoin has made significant increase in price over the years. We now have so many other new crypto currencies all over like ZEC, DASH, DOGE COIN and the likes.
Is there hope of these ones appreciating in value in the future just the way Bitcoin did?
If for example a coin will be value like bitcoin let's say etherum then people will switch to dogecoin as litecoin price will be high so if etherum reachs 31,000 $ then litecoin will be 5000 $ and then dogecoin price will be increasing to 200 $ and this what will happen next ten years then bitcoin price will be 200,000 $.It is not impossible. If the first cryptocurrency can attain that level then it is possible for any of the rest to do the same too. I believe in less than 10 years there will be another coin in the value of the present Bitcoin.
All cryptocurrency have their own unique feature and that is what made them to be different from other cryptocurrency and also they have their own journey to make and this will not affect the journey of other cryptocurrency.Each coins appreciates in its own value, although they can be different in price but each has its own trend and might not necessarily mean that they might over take each other.