Post
Topic
Board Altcoin Discussion
Re: Bitcoin has reached the tipping point
by
BoscoBlue
on 15/10/2014, 22:09:21 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.

I'm not sure if you can discount the infrastructure behind bitcoin. Others might do the same or better, but to catch up to bitcoin in terms of distribution or acceptance, seems far fetched.