Quote from: mnemonicsoup on June 03, 2017, 02:01:37 PM

Quote from: Tronq on June 03, 2017, 07:32:26 AM

Quote from: mnemonicsoup on June 03, 2017, 06:55:20 AM

The market is not what it used to be. I think people here are looking at it from a standpoint of a a year or two ago where just a few people traded crypto now all kinds of new money is going into crypto, wall street people, gold bugs, even girls I know who didn't or where interested in what a bitcoin was until recently.

Yes, the market has seen an immense grows but the entire volume is still tiny compared to the stock market, some companies are worth more than the entire crypto market. And the prices for bitcoin and altcoins do not represent their worth of today but are an investment into a future which might unfold.

And it looks like there won't be the ONE crypto in the future but many. Of course, a lot of them will go up but will also go down as fast.

Spot on.

And recently sources like Bloomberg are talking about the gains of Altcoins. Not surprised if readers are then immediately searching how to buy in.

"Cryptocurrency Mania Goes Beyond Bitcoin"

https://www.bloomberg.com/news/articles/2017-05-24/cryptocurrency-mania-goes-beyond-bitcoin-as-altcoins-lead-gains

I also dont agree with the rhetoric that all coins except of BTC are worthless because you cant pay anywhere with them. You cant pay anywhere with gold, either. The price reflects what people are willing to pay and you can purchase something with that with by exchanging it first. Just like with gold.

There is a lot of work on making marketplaces for other coins, like Particl, Bitbay, and so on. I think there is a section here where people are selling things for other coins. It used to be that the Earthcoin site had a big marketplace where people could buy things with Earthcoin. Other coin devs have done the same. It will grow if people keep talking about it and offering it.