Quote from: David Latapie on May 06, 2014, 02:20:57 AM

Agree. The financial world seems to forget that primary use of a coin is not to make them rich, but to be used by the 99,98% of the population that is actually doing something useful.

The primary use of a CURRENCY is a medium of exchange. Bitcoin and related cryptos behave more like COMMODITIES. Actually, they behave even worse than commodities since there is nothing to control them and no oversight. This leads to wild fluctuations in values which, understandably, is a turn off for a lot of businesses (especially now that the law has been clarified on how bitcoins are treated).

More on topic, Bitcoin will remain king of the hill for a while since it is the most well established crypto. Everyone has heard of Bitcoin. It would take a group with considerable financial backing and a really good team to dethrone Bitcoin. Unfortunately, everyone and their uncle have created a veriatable Niagra Falls of turd coins hoping to get rich quick. No innovation. No serious groups. No serious backing. Maybe one of the X11 coins might gain enough ground eventually.