BTC #1, LTC #2,
#3
What do you guys think is the coin to follow BTC and LTC? As far as the market cap goes it is namecoin and ppcoin but how strong is the community and the development team?
Well i made an economic prediction months back -
i said that not one other SHA-256 coin would be valued at $1 USD -
my only caveat to that is complete economic meltdown , total destruction of USD fiat.
that aside but - SHA-256 has a huge flaw in that anyone with an ASIC can just scoop it up like sand at low difficulty - this
hurts , no,
kills any market for these currencies as a human market works on confidence not math.
if the guy down the road believes he is at a disadvantage , eventually he will not participate , he is at a disadvantage with fiat , but he
has to participate , not so Cryptocurrency.
both ppcoin and namecoin are SHA-256. otherwise they may have been successful .
if they are very cheap though , its possibly still worth buying , as at least they have a distinct advantage that they ARE still cheap, but the problem being that they wouldn't be very distributed. as if they start to rise ASICs will jump on them and centralize them.
i will bet on nibble #1 : D
