Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Samarkand
on 25/01/2018, 20:51:45 UTC
...


How long will you guys give these also-ran shitcoins before the fallacy of "some future use case blah blah blah" never materializes? A few years? A decade? Two? There is only so long that something can exist on pure hype.

...

I think they will not really die, but rather linger on for a fraction of their former value.

If a cryptocurrency newcomer asks me about my opinion of altcoins I usually gently guide him
towards these articles that destroy all altcoin enthusiasm pretty fast:
http://nakamotoinstitute.org/mempool/the-problem-with-altcoins/
http://nakamotoinstitute.org/mempool/the-coming-demise-of-altcoins/
http://nakamotoinstitute.org/mempool/appcoins-are-snake-oil/
http://nakamotoinstitute.org/mempool/its-not-about-the-technology-its-about-the-money/

These articles are a few years old, but nothing has really changed except that
a few new platforms where these coins/tokens are launched have emerged (e.g. ICOs
on top of Stellar or NEO).