Quote from: bansal on August 31, 2011, 05:37:44 PM

Everyone is driven by greed, this argument gets a little tiresome. All these forks tried something different to implement what they felt was an improvement over Bitcoin. I agree that is many cases this wasn't much improvement at all, but if you are angry that someone is making money, who cares? Let them make money, how is that hurting you? If you think an alternate currency is no good tell us why, not just that you don't like the fact that someone besides you is making money.

I never said there was anything wrong with their being greedy, but let's call a spade a spade and not try and hide it under the guise that these new block chains are breaking new technical ground.

That's the part that bothers me is that these technical "enhancements" spread indirect misinformation about Bitcoin itself.

Honestly, these new block chains could easily be likened to a typical pyramid scheme. Where people who get in early are in a good position to make money, but only if they can get more people to buy into the idea. Bitcoin is the same way, but at least it has an actual 1st tier market behind it. These other block chains are only trading against BTC, which to me shows there's little interest in true investment from people sitting on fiat.