Post
Topic
Board Beginners & Help
Re: Question about the bitcoin's value among all cryptocurrencies
by
dave5698225
on 24/11/2013, 01:54:29 UTC
The way I'm viewing Bitcoins vs the other Altcoins (namely LTC and PPC) is the same way I saw MySpace vs Facebook.

MySpace was the pioneer, it was robust, had huge valuation, got all the media attention and was even bought out by a powerful traditional-media company (News Corporation). So how did Facebook usurp the throne? By bending to the will of it's users instead of being led by a traditional corporate plan. Facebook evolved based on user feedback and Zuckerberg was smart enough/naive enough to allow his vision to grow and change to wherever it's user base wanted to.

Bitcoins are MySpace, but right now I don't think anything out there is its Facebook counter-part. However as most of the general public are still in "9600 baud BBS land" at the moment, I think we will be celebrating BTC for quite some time.

My 0.00002439 BTC