Post
Topic
Board Altcoin Discussion
Re: The altcoin scene is dead - 2016 is all about Blockchain 2.0 services!
by
TPTB_need_war
on 10/02/2016, 21:49:50 UTC
Let's start this by making myself a little less popular, saying: the altcoin scene will die in 2016

It is quite possible that the altcoin market will be devasted by a potential decline of Bitcoin to < $150 and perhaps well below $100, because we have an unexpected global contagion coming that will be worse than 2008 when everything crashed. As we all know, when Bitcoin's price gets a flu, altcoins' prices go into comas.


Are there any exceptions?


Yes, there are!

Coins that offer unique decentralized services, "Blockchain 2.0" or other disrupting technology will be the buy-and-holds for 2016.

Some examples?


- Ethereum | Decentralized software & smart contracts on the blockchain
- Factom | Honesty to record-keeping
- Voxelus | Virtual Reality without coding
- Radium | Decentralized Services on the smartchain
- MaidSafe | Crowd-sourced internet
- Synereo (AMP) | Decentralized social network
- Sia | Decentralized storage

All those coins are doomed to fail due to insoluble fundamental technological issues which they didn't solve which render those coins entirely useless:

https://bitcointalk.org/index.php?topic=1219023.msg13842262#msg13842262
https://bitcointalk.org/index.php?topic=1354274.msg13833591#msg13833591
https://bitcointalk.org/index.php?topic=1219023.msg13043602#msg13043602 (I will be responding to AlanX's post soon)