Post
Topic
Board Altcoin Discussion
Re: switching from btc to alts? Can altcoins sustain upward trend?
by
Red-Apple
on 16/06/2017, 14:53:39 UTC
Anyone who ignores alts as inferior is very shortsighted, and has missed a ton of profits.
being inferior or not has nothing to do with how much profit they give!

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None of these are good as currencies, except tether, because they are too volatile.
tether is too dangerous in my opinion. in less than a year we have seen it decline a lot and drop down to 0.9 just because once bitfinex was hacked and the other time their banks blocked the withdrawals.
if you want a non-volatile thing similar to tether then stick to fiat, why bother with something that is not even guaranteeing the price.

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I see them more as small cap stocks or commodities.. fixed supply with varying demand.   
not all of them have fixed supply, lol