Post
Topic
Board Altcoin Discussion
Re: Bitcoin has reached the tipping point
by
Whitehouse
on 03/09/2014, 09:37:12 UTC
But it's not the tipping point after which it grows exponentially, no. It's the tipping point where people start fleeing it en masse to other technologies and undervalued cryptos. After all, why would you buy Bitcoin if you can buy something cheaper, which does the same, or even better - if you can buy something cheaper which does the same and then a few other things. Bitcoin was the bootstrapping crypto, now is the time for other technologies to take its place. It won't happen overnight, but the process has begun.

Why would you buy something else when it offers nothing at all? There's a reason why most alts are worth very little because there's just no demand for them. In fact, the only people who seem to want them are those who think they might get rich off them like they missed the chnace with bitcoin.