Post
Topic
Board Speculation
Re: The only reason Bitcoin is more valuable then other altcoins
by
Mobius
on 13/08/2014, 04:23:41 UTC
The only reason Bitcoin is more valuable then other altcoins is first mover advantage. It's the truth if you compare bitcoin to a lot of alt coins on the technical side Bitcoin is lacking heavily. If the Protocol was updated to do something more like a lot of altcoins do I feel this is what would truly make the Bitcoin price sky rocket.

Like what does this even mean? ^^   what does it lack ? All the other alt coins are basically scams.

If that's the case then why do you have this in your signature?: BTCinstant.com - BUY GiftCards with AltCoins!

Lol so much irony.

Because someone paid him. You could pay me to use altcoins. Otherwise, I'm not interested in any current altcoin as a serious alternative to bitcoin.

The only reason altcoins have any value > 0 is BECAUSE bitcoin came first.


If another altcoin were to have come before bitcoin then it would likely have value as well. I think the majority of the coins that have some level of value have value because of speculators.