Quote from: soucoi on November 29, 2013, 04:37:05 PM

Quote from: hilariousandco on November 29, 2013, 04:31:08 PM

Quote from: soucoi on November 29, 2013, 04:28:19 PM

What do you think will be the impact of alternative cryptocurrencies? Do you think that sellers will start accepting more and more different kinds of coins, or will they just be used as a way to trade something you can turn into Bitcoin later (which you will then use to make purchases)?

If people are using 'em and paying good money for 'em, businesses will start taking 'em. There's already a few stores that accept FTC and others cryptos.

Would that have any impact on the value of "official" currencies, or just mean cryptos would rise in value?

given the market cap not a huge one.... well not yet at least.. last I looked BTC was $13,000,000,000.. not bad but not the kinda scale that gets traded on the so-called "real" markets.. This has to change though..

I think before it gets truely huge (+$100,000/BTC) we'll see forex types possibly move to their own form of p2p (but centrally controlled because they're silly). Well certainly in the next couple of years I can't see why the banks of the world won't use a similar blockchained protocol to allow them the similar kind of liquidity we're experiencing now... its interesting but all predictions asside things are snowballing faster than I ever expected...