I was just debating which coin to point my equihash rigs at tonight. I thought BTCP sounded interesting but this thread is SO full of FUD I think I might just head over to Komodo, or Zencash.
Honestly - what is the point of BTCP? There are so many coins out there now with bitcoin in their name, and so many privacy coins - is there anything to make BTCP stand out at all? Or any reason to think it has any promise? I could mine/buy Komodo, Zcoin, Deeponion, even Dash if I wanted privacy, right? And who wants another bitcoin named coin... bitcoin cash, bitcoin gold, bitcoinz & bitcoin private - getting a bit cliche no?
What is the point to any altcoin?They are all basically clones of BTC with some minor add-ons. Altcoins are just a means to acquire BTC.
Bitcoin Private to me is a better coin to buy than to mine and the branding is good when privacy is becoming more of a concern for BTC users. Its cheap on Tradesatoshi so just mine your favourite equihash coin and buy BTCP with the proceeds. The odds are good for a price-spike when it hits HiBTC.