Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
spooderman
on 11/09/2014, 18:14:51 UTC
wtf with this poll?

It is very unlikely that something better will come along than bitcoin.

The internet has been around for decades. A way of transferring value around was one of the first notions and it took until 2009 for this amazing concept(s).

No way something else is about to come along that.

Yeah, and? The concept is... sound. Bitcoin doesn't have to be the successful version. Bitcoin is still so tiny that nothing is preventing a better implementation from being the preferred payment system.

Bitcoin I'd


Yes but you're forgetting something.

Bitcoin will UNDOUBTEDLY be superseded by something better, but it won't have the NETWORK STRENGTH which is what this is all about.

It is always the case that the first mover doesn't get everything perfect, and some other ankle biter comes along and improves on the one "real world" issue that could never be anticipated correctly by the creator.

HOWEVER

This is software, not hardware, and therefore much more malleable.

SO

We have MASSIVE first mover advantage, and negligible first mover disadvantage.

Better cryptos?....meh, they don't have 200,000Th/s of strength to maintain their chains.