Post
Topic
Board Altcoin Discussion
Re: Should we start New Bitcoin?
by
oOoOo
on 03/03/2014, 18:09:07 UTC
I have thought about make a thread like this actually!

I would advise against starting a new "Bitcoin", we are already flooded with altcoins as it is!

I would recommend switching to Litecoin, it was also developed by Satoshi and large portions of it are not in the hands of criminals (public or private sector) yet. The implementation of litecoin is not too far removed from the original Bitcoin and it is still actively developed by known developers. Just as with bitcoin, the supply of Litcoins is strictly limited, unlike Dogecoin for example which, though popular, inflates infinitely and is therefore unsuitable as a store of value.

As the second biggest market (by far!) it might be our best bet!

disclosure: if have a ~15% position in LTC.