1. you dont reach EVERYONE, not here and possible not in every forum you use.
2. ppl dont care about the coins anymore today. They want cash. So its altcoin -> btc -> fiat.
That's well said: altcoin -> btc -> fiat.
Looking more useful for investing reason in this way:
fiat <- btc <- altcoin and this converts to
quite stable <- volatile <- highly madafucking volatileyou are all right, i'm not discussing numbers and direct fast profit
i'm speaking about being usefull for your self and for the world you living in
this is the last chance for your coin to have a higher value
don't wait for an investor of 100 Btc, don't wait a pump, that will not happen
PenguinCoin will die if will not get support from the community holders of Peng
Then its dead, like 99% of all the other altcoins. Who needs them anyways ? BTC is enough.
Sorry but thats a fact.
Also dont expect the community to help, 99% also dont stand behind the coin, they dont care what coin it is. Will the price at xchange pay my electricyty and do I make profit with it is the only thing.
No, BTC is not enough. It is too slow. I'm not sayin that penguincoin or other first generation altcoin will replace BTC but for sure there is a place for more coins than one.
Tell me why pls.
The ONLY reason for altcoins was / is: To get BTC faster then mining them directly.
BTC mining means tons of investment for hardware. LTC was made to let everybody mine again with GPU+CPU
So there is just that reason: To get btc in a affordable way.
Dont tell me you want to tell every point of sale owner that they have to accept Doge, cat, moon or Penguincoin ?
They dont even understand why they should accept BTC...so..
I know what you mean but it will be impossible to pay with bitcoin if you have to wait several minutes - up to few hours for needed confirmation. Like in a shop or restaurant. Here another coin could be useful, like peercoin or quarkcoin.
Also notice that there are coins with special interesting features like Namecoin (with his decentralized DNS working idea, .bit domains). Or like gridcoin or curecoin (underdevelopment) that support scientific researches. Then we have Nxt with it's green mining (Greenpeace will be pleased). Also devcoins that most of mined coins are used to help fund open source projects created by writers and software developers.
There is a lot of features and ideas that can stand behind coin. This will always attrack people.