Bitcoin Maximalists Versus Altcoin Crusaders... Who Will Triumph??

M0N3YMAGNET

full member

Activity: 159

Merit: 100

It depends on the project. Are we talking about Alternative Cryptocurrencies, Zcash, Dash, XMR, etc or are we talking Blockchain projects? These are not the same. I think Blockchain projects once launched will still pump. I think serious coins like XMR will continue to do well. The smaller ones will get wiped out.

bbc.reporter

legendary

Activity: 2926

Merit: 1440

Good question.

Conclusively the market will decide. Everyone can argue for one side all day long, but as long as there are altcoin investors, they cannot be stopped.

For example me. I hold and support Aeon. Who can stop me and others like me?

CoinHoarder

legendary

Activity: 1484

Merit: 1026

In Cryptocoins I Trust

Quote

Bitcoin maximalists have argued for years that sidechains will kill the value proposition of all alternative cryptocurrencies. Whether you're at a Bitcoin meet up, conference or forum, there always seems to be at least one fervent believer in Bitcoin's (and its sidechains') supremacy for an indefinite amount of use cases over alternative cryptocurrencies. A sidechain is a pegged token that runs autonomously on top of the Bitcoin blockchain, which is secured by merged mining incentives for Bitcoin's miners. Sidechains have been theorized (and debated heavily) for years, and it seems that the time has finally come for the first sidechain to make its debut. The Rootstock beta version (which essentially has all of the features of Ethereum) will launch in Bitcoin's main net with a purported 90 percent of the Bitcoin miner's backing. What does this mean for Ethereum, and more importantly... what does this mean for the entire alternative cryptocurrency space going forward?

Continued here: https://www.decentralized.tech/blogs/speculation-bitcoin-maximalists-versus-altcoin-crusaders-who-will-triumph

Topic: Bitcoin Maximalists Versus Altcoin Crusaders... Who Will Triumph?? (Read 197 times)