Post
Topic
Board Economics
Re: Long term argument for bitcoin
by
EveryoneMATTERS
on 05/07/2018, 01:59:04 UTC
Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

IMHO

If a horse has won a race for the past 8 years it probably has pretty good odds, so people like to bet on that horse. At some point I feel that horse gets old though and the horses odds will go down.  Bitcoin is still quite the young horse, compare dog years to human years. BTC seems to be more like one of these https://www.mnn.com/earth-matters/animals/stories/11-animals-that-live-the-longest

People like to bet on good odds.