Looks like the ICOs are going to be slowing a bit! https://www.cnbc.com/2017/09/04/chi...rough-initial-coin-offerings-report-says.html
I think it is the future of digital payments.............like........................ super convenient
But you should think a lot before investing because instant pleasure can cause a disaster in future if the bubble burst's again.!!
Bitcoin faces increasing competition from coins with superior technology such as Ethereum. Incoming capital from fiat is invested mainly in altcoins and ICOs therefore Bitcoin may never reach $20,000.
When will bitcoin hit $20,000? --> When will bitcoin hit $1,000? Blockchain technology is not patented. So if demand for cyptocurrency is there, competition will come in and drive the price down. simple as that.