Quote from: Q7 on January 30, 2015, 12:04:43 PM

Quote from: homo homini lupus on January 29, 2015, 01:30:28 PM

Quote from: dinofelis on January 29, 2015, 12:50:53 PM

I think that is exactly what is good about it. If it takes so long, it will get spread out a lot. The seigniorage will be everywhere and nowhere.

Bitcoin is not going to become a main currency (if ever) before several decades in any case, so just as well take that time to distribute it. Bitcoin is a century-long project. As fiat money has been.

Man, it's a cult for some grandeur-dilousional lunatics and can't hold water. It's already hopelessly antiquated.

All i hear from the Bitcoin hardcore supporters is contradictions by now. It was delusional madness before (still is) and now it has become contradictions. So i think it's safe to say this crowd has lost its credibility together with the coin they support.

People want to make payments and store value now, not next century. Bitcoin is a joke.

your view: Bitcoin will go down to double digits and people will still be interested. It is one of the most volatile things on earth and can't hold value but somehow in a century it magically is still the leading crypto

my view: next century we will have 5 to 20 wildly advanced cryptocurrencies which get more and more staying power as they progress through the technical evolutionary stages and which will directly cater to the needs of their userbase. So the future is in altcoin developement and there will be a new golddigger era in the upcoming years as old bitcoin is dethroned and real competition between technologically advanced coins for userbase sets in. Cryptocurrency startup will become a billion dollar industry. In my scenario Bitcoin will be remembered as the first one but sadly had too many problems. A lot of altcoins will go mainstream (not bitcoin) and they will see a progression/evolution like that of musical genres last century (first came blues, jazz, then rock n' roll which advanced into a huge array of rockmusic. Later came RAP, POP and Techno and so on) ... so bitcoin is more like the classical music and maybe it will still be played next century amongst some nostalgic people but most people will prefer Rock or Pop.

which view do you think is more realistic?

Bitcoin has really become an obstacle to true technological advancement. And all the cult following with their contradictions and pipedream-hype-talk is an insult to the intelligent man.

In altcoin? No way. If for any reason bitcoin does fail, I don't think any of the alts are worthy enough to take the place of bitcoin. Even then my belief still holds true that one day bitcoin will be the currency that replaces fiat.

If Bitcoin doesn't fear the underdog, it's gonna get burned real quick

sethminer14

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