Quote from: CryptoTramp on December 11, 2013, 11:00:49 AM

Quote from: hairycoins on December 11, 2013, 10:51:50 AM

I don't think BTC or LTC is the most superior/dominant long-term. Yes they are high in value now because it's has received the largest amount of attention through media and it's the first cryptocurrency and investors are investing their money for example zipzap and e-commerce sites allow BTC as payment because it has been over hyped.

Why invest in developing infrastructure for bitcoin when it will become obsolete in a couple of years. I may be assuming things but I think they are just too ignorant and have not looked into other alternatives such as world coin (more coins and fast block times which means faster transaction speed) and peer coin (first coin to have mint, more coins and more energy efficient to mine) they do not understand the potential of these alt coins. When they understand about other alt coins do you think they will still stick with BTC? Also what do you think will be the cryptocurrency of the future?

Thanks in advance.

It hink they are all viable as long as people are willing to support them. Even if all BTC we valued at $2,000/ BTC that would still only be $41 billion dollars only a drop in the bucket of the global GDP of $16-17 trillion dollars/ year. Keep the faith and we will have changed the world of finance (as long as the Feds don't shut down uncentralized digital currency trading). Just my 2 cents. Grin

-CryptoTramp

I think they will try and regulate the stock exchanges so that we have to pay fees and taxes when we withdraw the BTC/USD or vice versa. They know it's imposiable to stop the BTC protocol they couldn't shutdown piratebay if they did I would be bored lol.