Quote from: Unbelive on September 21, 2014, 02:04:39 PM

Quote from: Mervyn_Pumpkinhead on September 18, 2014, 05:11:57 PM

Here's the idea:
Bitcoin was a hot subject in the mass media in 2013. Now the subject is old and there isn't much more eye catching to write about. People outside this forum don't really care about new merchant adaption, and that is the reason why news like that won't cause the price to rise. What people want to read is about innovation and new heart braking stories about janitors becoming millionaires. These are the stories that attract readers, and stories that bring new speculators to the game.
So, with this reasoning, I find that it would be best for the cryptocurrency market in general, to start promoting a new cryptocurrency model. It would get cryptocurrency some fresh attention, meaning new investors may join. If we offer a new cryptocurrency, that would solve the problems of extremely wasteful mining and volatility issues that stopped bitcoin from being a practical financial tool.

I understand that some of you have strong feelings for bitcoin. I understand that it brought you easy riches and it feels great to be part of something new. But, bitcoin wouldn't mind if you get past her and move forward. Bitcoin will always be remembered in history as the first that started all of this.
So, suck it up and stop being crybabies about your beloved bitcoin. Let's keep the subject fresh and hot, and let's keep our net worths rising.

All coins are linked. So when BTC goes down, all coins worth goes down, and opposite. Difference is, that BTC is most stable, since is oldest and have most adoption already. That means you will earn least on long term and you wil have least chances you will lose on long term.
What you can do is, to research of altcoins and see, which brings something new, that BTC developers can not add into BTC, and will live side by side with BTC.
Just take time and research.

The prices of altcoins are generally linked to BTC, but they also generally go down in terms of BTC when the USD/BTC price goes down, and they do not generally recover as much in terms of BTC when BTC/USD goes up.

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