Post
Topic
Board Economics
Re: Long term argument for bitcoin
by
novakamena
on 07/10/2018, 14:57:17 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?

It is true that altcoins and bitcoins are similar in many ways but the fact that without bitcoin there will never be altcoins so most people would still prefer having the prominent one or the foundation because it still the most reliable.
and with the many bitcoin enthusiasts also that to increase prices is also faster and bitcoin is a good investment place in the long run
For Bitcoin’s proponents, the surge is evidence that it on its way to challenging established currencies like the US dollar, payment systems like PayPal, or stores of value like gold.