Post
Topic
Board Speculation
Re: BTC Beginning of the End !
by
dissident
on 17/01/2014, 19:20:25 UTC
Litecoin has no new technology to make it superior to other, upcoming coins.... so basically you think bitcoin will crash but have invested in litecoin and are pumping it. Educated guess based on available information. I'd say it's more likely that if bitcoin crashes, the other coins will crash as hard, and the market cap of the whole crypto currency space will decline, a good thing that will allow new fresh investors into the scene and wipe out the net worth of all the early adopters who hopefully sell and give some of their coin to the fresh investor base.   Right now for claiming to be 'decentralized' crypto currencies are really no different than fiat currencies, profit driven with a large portion of the currency being held in very few hand.. the top 1% determined to keep their riches.