Quote from: phazon307 on January 12, 2014, 07:21:34 PM

Quote from: guybrushthreepwood on January 12, 2014, 07:19:33 PM

Quote from: maursader on January 12, 2014, 07:09:34 PM

Quote from: guybrushthreepwood on January 12, 2014, 12:24:43 PM

Quote from: Romyen on January 12, 2014, 06:49:28 AM

Quote from: maursader on January 11, 2014, 06:25:25 PM

Realistically the only other alt currency I can see being adopted by major retailers other than BTC would be LTC (Naturally, due to market cap, right?)

I agree it would probably be litecoin, but disagree on the reason. Market cap is a meaningless concept when applied to cryptocurrencies. It's calculated by multiplying the number of coins in existence by the price per coin at the time of the last sale. A little more meaningul would be trade volume in a fixed time peried, measured in common units, e.g. BTC or USD. However even that isn't very meaningful because some trade volume involves mixing or moving coins already held.

Litecoin seems to me to have the most established market among the altcoins at this time, but its standing might change in the future.

Marketcap isn't meaningless. If there's billions or trillions of coins in existence then there always going to be worth very little.

Couldn't agree more.

... well unless everybody on the planet starts dealing with these crapcoins then they might be worth something if you hodl them long enough, but that's not gonna happen, so no, you're not gonna become a millionaire of those millions of DOGEs youre holding lol.

I disagree with you one could use these crap coins to buy low and sell high for a period of time and end up getting a nice profit from it. Maybe not a millionaire but well off perhaps.

You can make a bit doing this, but I doubt you're going to strike it rich, but they're certainly not going to be useful or worth anything in the longrun.