Quote from: jjc326 on August 13, 2014, 08:34:27 PM

Quote from: cryptopaths on August 12, 2014, 09:07:56 PM

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.

I agree, and first mover advantage does mean a lot though. You suggest Bitcoin changes to make it better, but I THINK part of the things people like about Bitcoin is that you can't really mess with it, or change it, without getting most people on board.

I think this is a big part of it, however it is also really the best designed crypto out there. It is much better then other coins in terms of likely percentage of blocks orphaned, potential attacks on the network, ect.

It also has a huge advantage of the fact that it's network is the most secure.