Post
Topic
Board Speculation
Re: In the long run, bitcoin will be worth $0.
by
oda.krell
on 26/04/2013, 15:09:26 UTC
You lost my interest at exactly this point:

As surely as I write this, this will happen, and when it does, all other crypto's including bitcoin will become obsolete.

Nothing is "surely" about that, you're just stating your opinion, providing no real argument or supporting evidence whatsoever.

How about I provide some counterexamples:

 * VHS vs. Betamax. Betamax considered superior by many, never took off.

 * Facebook vs. Google+. Pretty much every tech person prefers Google+, but since Facebook is so established, nobody wants to leave it.

 * Laserdisc vs. [whatever was available at the time]. Great format, never really successful.

Summary: I'm not concluding that it is impossible that bitcoin will be superseded by a newer cryptocurrency, but it's far from certain, and you made it sounds exactly like that.