I highly doubt BTC will make any massive moves in the near future. Its too early after the bubble for the dumb money to come in and i think people in general are getting more knowledgeable about Bitcoin in particular.
To be honest Bitcoiners arent really convincing anyone anymore in the viability of Bitcoin as a world currency and i dont think children would buy the "store of value" argument which is absolute nonsense.
I think that there is need to work on fundamentals at this time.
I cant be sure when it will happen but i expect Bitcoin to slowly start getting in the back seat and lose dominance. Its position isnt justified by adoption nor anything useful really and i dont think that will ever change.
That would be interesting if it were to play out like that. In my mind, bitcoin has basically grown up in a swamp, with other altcoins claiming better tech basically ever since it was created 10 years ago, yet here we are 10 years later and it's still the top dog. I actually do think a non-correlated, non-sovereign, immutable store of value that transcends borders has tremendous value in a well diversified portfolio. In fact that is my entire investing thesis. :)
That doesn't mean it will always be the most valuable though. I would imagine if Ethereum or some other fabric coin gets tons of things built on it (a la internet 3.0), it would make sense for that to have tremendous value, possibly more than something akin to digital gold.
Regarding your first comment, if these 4 year cycles are to play out yet again, we wouldn't expect to see a new high in bitcoin until late 2020 and then the peak of the cycle would be in late 2021. The market is a lot different now though, so we shall see.
It was never about better tech for me. It was about the transformative potential. None of those that directly compete with Bitcoin like Litecoin, XRP, Monero have a better chance to be massively adopted.
We reached a point when bitcoin is actually detrimental to the ecosystem. It brought on stagnation.
I think Bitcoin is the farthest from it. A volatile asset like bitcoin is in no way a good store of value. It wasnt even created with that in mind. It was created as simply a p2p currency and it sucks as that as well.
While i dont have nearly the same negative opinion of ETH as i do of Bitcoin i dont think ETH has the fundamentals to take us into Web 3.0. Its too slow, annoying, the user experience is terrible, its bloated. But things are built on it so it has some potential..
My best bet is Steem. And im being honest here regardless of what the crypto pundits will say. Im not bullish on Steem in terms of price, im bullish on it due to its unlimited transformative potential.
Not a single crypto out there can do what Steem can nor achieve what Steem can. Its not even close.
If steem dies for any reason, crypto for me will become a garbage dump for gambling addicts with a lot of money to play in, when clearly project potential means little.
You are talking about things in absolutes as they are right now, though they won't always be that way. Gold, for example, was extremely volatile for a period of time as well when it first became widely traded by retail and Ethereum doesn't work for Web 3.0 right now, but they are working on that. The only constant is change. :)