i think you may be confused about altcoins.
the reason why they have such low prices and have not been able to go up like bitcoin does without crashing hard and never coming back up again, is because people who buy them don't have any faith in their future so they sell them as soon as they reach their profit target.
why don't they have faith in them? because they don't offer anything useful like bitcoin does.
bitcoin's success has nothing to do with it being first. it is about being useful and working as it should.
Topic: It is funny when ... (Read 208 times)
it is actually funny when people think so simple!
the code is the same and in the end it is all zeros and ones but someone had a great idea and came up with an innovation to use what already existed in a way that created something unique and secure. people seeing that are willing to pay anything to own a portion of it.
then others came along and instead of doing what that person did (innovate) started copying the same thing. and people don't want to pay money for "copies" so even $0.03 is too much for them.
the code is the same and in the end it is all zeros and ones but someone had a great idea and came up with an innovation to use what already existed in a way that created something unique and secure. people seeing that are willing to pay anything to own a portion of it.
then others came along and instead of doing what that person did (innovate) started copying the same thing. and people don't want to pay money for "copies" so even $0.03 is too much for them.
I agree, people in third-world countries tends to make a living out of those cheap services. I can relate to that since i notice it with my own eyes and i am around it right now.
The same thing happens with ID and Passport images to avoid KYC, it is sell so cheap online in some websites that i seriously don't believe how some people actually think that it works.
And a lot more examples exists. As long as people believe that money is the most important thing in life, some will be willing to do anything to get it and those who have it will think that they're better than anyone else only because of that fact.
then others came along and instead of doing what that person did (innovate) started copying the same thing. and people don't want to pay money for "copies" so even $0.03 is too much for them.
That's true Herbert, people want to have the original coin and for the original coin they are willing to pay this amount of money.
They don't want to have a copy until price goes in such unrealistic dimensiones that that it is necessary to find a alternative coin.
it is actually funny when people think so simple!
the code is the same and in the end it is all zeros and ones but someone had a great idea and came up with an innovation to use what already existed in a way that created something unique and secure. people seeing that are willing to pay anything to own a portion of it.
then others came along and instead of doing what that person did (innovate) started copying the same thing. and people don't want to pay money for "copies" so even $0.03 is too much for them.
the code is the same and in the end it is all zeros and ones but someone had a great idea and came up with an innovation to use what already existed in a way that created something unique and secure. people seeing that are willing to pay anything to own a portion of it.
then others came along and instead of doing what that person did (innovate) started copying the same thing. and people don't want to pay money for "copies" so even $0.03 is too much for them.
Agreed. What I felt was that people value the technology used to create the "pair of codes (priv.key, publ.key)" more than the FIAT which has no technicality. That is $10740 for 1 BTC. This is nothing but the people's trust on the work done by person who innovated it. Again it is similar to what is your last point.
it is actually funny when people think so simple!
the code is the same and in the end it is all zeros and ones but someone had a great idea and came up with an innovation to use what already existed in a way that created something unique and secure. people seeing that are willing to pay anything to own a portion of it.
then others came along and instead of doing what that person did (innovate) started copying the same thing. and people don't want to pay money for "copies" so even $0.03 is too much for them.
the code is the same and in the end it is all zeros and ones but someone had a great idea and came up with an innovation to use what already existed in a way that created something unique and secure. people seeing that are willing to pay anything to own a portion of it.
then others came along and instead of doing what that person did (innovate) started copying the same thing. and people don't want to pay money for "copies" so even $0.03 is too much for them.
.. people spending for a pair of codes (priv.key, publ.key) more than 10,000 U$ (example BTC)
if they can have the same pair of codes for only 0.03 U$.
What are we talking about? if they can have the same pair of codes for only 0.03 U$.
.. people spending for a pair of codes (priv.key, publ.key) more than 10,000 U$ (example BTC)
if they can have the same pair of codes for only 0.03 U$.
if they can have the same pair of codes for only 0.03 U$.
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