Quote from: jrrsparkles on November 22, 2018, 12:11:26 PM

Quote from: project_delta on November 22, 2018, 04:13:45 AM

So I am a big bitcoin enthusiast, but I realize it has problems. Also more and more people are trying to perfect their algorithms.
What if they reach their goals and bitcoin becomes irrelevant?
The price drop isn't showing that great either!

If you see that the price of other coins were more when compared with the price of bitcoin which is a sign that bitcoin is still king at this long bearish run.Most of the projects were just copying the idea of already existing coins so which may not bring anything new here even if some coins were created it will not be so easy to get recognized as bitcoin and taking its crown.

It is already recognized the bitcoin is the pioneer of cryptos, but saying that new projects may not bring anything new is unfounded. If you carefully read the whitepaper and even articles about new exchanges, you will be surprised to discover how much these alternative cryptos can offer. Didnt cryptos rise initially as free market tools? The Virie Market, for example, offers a distributed exchange network with escrow system. It can actually represent the new generation of what bitcoin started. I think Bitcoin opened the doors to a whole new world of digital possibilities.

earlytrade24

Posts

Merits