Quote from: Silberman on May 24, 2017, 01:41:23 AM

Quote from: Mpamaegbu on May 18, 2017, 09:17:50 PM

Quote from: katrimans on May 14, 2017, 12:59:13 PM

Quote from: nellz on May 11, 2017, 12:45:41 PM

Will onegram be more expensive from bitcoin? They buy gold. Store it. And sell it when high. The profit will go to investor correct?

You are right in the sense that this currency is backed by gold but that does not mean that it will go pass bitcoin value. Bitcoin has established itself to a major cryptocurrecny. I will consider onegram to be in the top 100 altcoins in the near future. This is a more realistic approach than just dreaming.

Why do people always make it look like the superiority of Bitcoin to altcoins is cast in stone. I really don't believe Bitcoin will continue to lead forever. A time will come when some altcoins will stand shoulder high over Bitcoin considering the fact that lately Bitcoin's dominance in the crypto market has dwindled. Or hasn't anyone noticed this sharp drop since January?

It is not like bitcoin is going to lead forever but it takes a lot of time to overcome that advantage, the US dollar is still the most accepted currency worldwide and it has been the case for more than a hundred years and while things are changing it is going to take a lot of time for that to completely change, bitcoin is similar, it is going to hold its advantage over other coins for a very long time.

That's true. Mainly because Bitcoin is already stuck in the media and in the head of normal people with less knowledge about cryptocurrencies. Bitcoin is simply more reliable and simply considered the "digital currency". Even if bitcoin is better than the Dollar, people do not like change while they are accommodated with the current situation.