No. Most of them are all shallow copies of Bitcoin and if Bitcoin fails they likely will too.
I have no idea if it will increase in value (and for the record I own none) but POS (proof of stake) based coins like PPC at least provide a plausible hedge against a failure point of Bitcoin. If Bitcoin was continually 51% attacked you likely would see interest and increased innovation in the POS based coins.
Topic: Differences btw Cryptos, wondering where trading opportunities will lay (Read 410 times)
November 18, 2013, 03:34:30 PM
November 18, 2013, 03:31:06 PM
I was wondering this too.
November 18, 2013, 03:22:49 PM
Hey guys,
Just wondering if anyone thinks that at some point litecoin/feathercoin/etc might be useful as a hedge against bTC. Just curious as to how the community sees the other forms of currency growing and how they'll relate not just to fiat, but each other as well.
Just wondering if anyone thinks that at some point litecoin/feathercoin/etc might be useful as a hedge against bTC. Just curious as to how the community sees the other forms of currency growing and how they'll relate not just to fiat, but each other as well.
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