Bitcoin is the king of crypto currencies. What will happen if another coin comes to surpass it in all always.There are some alternative coins that has many advantages over bitcoin and more are being created by the day.Do you think that will happen in the near future ?
I would say that bitcoin can be surpass in terms of its dominance specially if the network traffic issue is not solved. Yes, I have to say that there's a lot of altcoins that is far better than bitcoin is terms of this technology like ETH. Again, the high fees is killing bitcoin for now and not suitable for micro-payment schemes.
What will happen to the market? Then there will be shift of powers then if another altcoin takes the reign over bitcoin. But we can't say for certain when it will happened, maybe in more or less 5 years, if the continuing issue on bitcoin is not resolved, we might see one day bitcoin dominance is over in the crypto-currency world.
This situation will happen but probably not so soon, when the Lighting network will be launched BTC might reach new heights in the price.
If this Lightning Network is the needed
solution which others have been building up, then let's roll in ASAP so that we can silence bitcoin haters. But sadly, I heard a lot of negative things as well with this sidechain. But let's see how it goes.