Value (on February 6, 2014)
1 Bitcoin = US$ 802.19
1 Peercoin = $ 5.14
What are you trying to say with this prices? that Peercoin didn't grew up alongside Bitcoin or something else?
He's just being rational not delusional.
I think this shows very well the evolutionary trend btw BTC v altcoins. While PPC proved to be a great serious project we can't deny that more and more altcoins take away some market cap from PPC and this trend won't stop tomorrow .
For BTC there will be always this deflationary count . Indeed there will be never more than 21 mln BTC.
For the Alts however , this is not the way it is seen really . Every week new coins come up . As soon as you leave the top 10 you can almost start counting the total number of coins mixed in circulations of all the rest ( i know this sound stupid but trust me , this makes sense), because this number will grow . This is what this post proves . I believe a critical point to mention would be that in Feb the market cap of all the coins was also
Total coin cap in Feb 2014 = 10 Bln $ (yesyes, only 10 bln, while now we are at 110 and PPC is at 50 p)
Basically BTC to a certain extend has no competition while the altcoin will only see more and more players. Moreover with the LN on BTC, the need for those experimental projects will drop after few years.
While agreed that PPC will be the future , nothing stops you of building that future with a coin that worth like 5p . Hence this is where it's worth mentioning , what matters is the technology especially for the alts.
Not willing to break anyone s American dream and whoever wants to invest here , you and your money guys, but just do not come back here in a couple of years crying and blaming the devs or the coin as why it did not perform well . Just invest only what you can afford to loose.