Is it just me or does it seem like the bitcoin "craze" has died down a lot? Not as much people active in talking about it, and especially in other forums for altcoins, there used to be a lot of buzz and excitement but not any more it seems
Most of altcoins - more specifically the ones released this year were pump and dump scams. I would say that less than 5% of the coins released this year are legit and have future potential. People are figuring this out, and alts have become a disgrace to the btc community.
I would say that all altcoins have zero long term potential. They are not adding any kind of value to bitcoin in general and doing nothing more then sucking away value from bitcoin and putting it into obvious altcoin scams.
The few altcoins that have been successful in the past have survived only because they were the first of "their kind" even though the differences from bitcoin were very small
People still seem to be willing to put money into altcoins. They always hope to pick that one altcoin which turns out to be a 'bitcoin-killer'.
They are speculating. They are incorrect
They are speculating... and correct...
Because only decentralized and anon crypto can compete against Apple and Google...
(And Bitcoin is neither decentralized or anon).
Bitcoin is about to run smack into a wall called ApplePay... and offers no advantages over ApplePay.
"So if the bitcoin industry really wants to take on Apple Pay, it has to reinvent itself.
Make itself friendly. Market itself to people so technologically ignorant that they’re
one step away from microwaving their iPhones. That’s a difficult task to pull off."
Even that won't work...
Apple knows exactly what consumers and retailers want... Bitcoin doesn't care.
http://www.coindesk.com/apple-pay-threat-bitcoin/