Topic: ALT coins are a mechanisim to suck out earlier adopter BTC value (Read 1615 times)
With every new alt coin that comes out, it makes people realize how valuable the original Bitcoin is.
Didn't you already make this thread? This argument is moot.
The only thing is, it only the fist few on each chain that get this real benefit, so the cycle will continue, and the winner will be the coin with the wides support, thus likely a mobile coin solution of some sort
but i can already trade bitcoins using my mobile phone.
i mean, mine on a mobile!!!!
No, I meant what I said.
Didn't you already make this thread? This argument is moot.
The only thing is, it only the fist few on each chain that get this real benefit, so the cycle will continue, and the winner will be the coin with the wides support, thus likely a mobile coin solution of some sort
but i can already trade bitcoins using my mobile phone.
Didn't you already make this thread? This argument is moot.
you mean that other thread.....not that more on hash power and thats no me
I did however post another thread that suggest the final fall of the card will be total market penetration of CC, divided up by market share of each.
But this is more aggressive argument, I am asserting atls are actually a way to suck out value from early BTC adopters, and that's thier driving force right now
The only thing is, it's only the first few on each chain that get this real benefit, so the cycle will continue, and the winner will be the coin with the wides support, thus likely a mobile coin solution of some sort
Didn't you already make this thread? This argument is moot.
In the end it comes down to vendor acceptance. Let the best coin win.
ALT coins are a mechanism to suck out earlier adopter BTC value, and following this you see the resources allocated, and more importantly the user base that comes with it. The dedicated, invested user base is the most powerful aspect of a coin, as BTC gets harder to mine, it may attract less dedicated user-base. FTC/LTC will for some time be open to non asics. But they will be knocked off by a cpu/mobile miner only coin
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