Re: Bitcoin will inevitably Fail as Altcoins suceed

You do understand the Blockchain? You do understand Bitcoin is like an app on the Blockchain? Bitcoin is the currency to be used on the Blockchain for payments when the other apps, services and smart contracts are incorporated into the Blockchain. Bitcoin is going nowhere but UP in value over time.

Exactly what does the Blockchain technology have to do with this topic....I'm talking about Bitcoin, the "currency", not the underlying tech. Smart contracts, services, exactly what are you talking about? Are you getting this confused with those "2.0" altcoins? Those aren't currencies so to speak, more like applications.

Smart Contracts are from 1995, old news.

Edit: Bitcoin is the currency designed to be ran on the blockchain. No matter what's added. End of story.

Ok, I still don't really get what you're trying to convey...Yes we know Bitcoin runs on the blockchain, so does many other coins.

The thing is, there is absolutely no point of using an alternate blockchain when you can do the same things using the one that is used by most people, the one that has the most accessibility and the most hashing power therefore bitcoin. Network effect is stronger than you might think.