Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Then why are the altcoins still thriving?
There are no altcoins that are thriving.
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You can have your opinion about the likelihood of bitcoin surviving, but the fact are that there is no justification now to claim that they will die, and bitcoin will not.
I gave you several reasons. Altcoins are mined to death. Altcoins are pump-n-dump schemes.
AUR just got forked into oblivion. You can't even operate a blockchain without a large network.
Then there is the issue of vendor acceptance, currency exchange. No matter how many times you are told, you don't seem to understand. I don't think its because you are stupid.
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The "first players advantage" and "network effect", if they were real, should have prevented the altcoins from starting. That they started and are thriving is proof that those advantages are not that significant.
"Thriving" is a fantasy, Jorge. Your idea was proven wrong by history. Revise it.
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(I hope no one will claim that "bitcoin is now too big to fail". 
)
)It is definitely too big to fail the way AUR just did.