It is no end, it is only a correction after the altcoin bubble frenzy that started last year.
I would wait the end of the year to make end of the crypto world calls, because most people have some kind of religious believe that bitcoin price will grow year after year
Topic: The end is coming. - page 2. (Read 3699 times)
Of course this isn't the end, there have been many more serious crashes over the past few years. The real question is what Bitcoin gets the regular Joe beyond a simple credit card, Google Wallet, Paypal, etc. Bitcoin is definitely Libertarian geek orgasm territory, and that's great, but it will take much more than that to be anything but a curiosity. Most people like the comfort of knowing that, within reason, if they are the victim of fraudulent credit card transactions or banking withdrawals, they will be fully reimbursed. With Bitcoin, at this point, you'd better have damn good personal security protocols in place or else you'll be flat broke. The primary thing Bitcoin has going for it is that its future is only limited by the creativity of developers (and unfortunately, the whims of regulators). If developers can turn Bitcoin (or whatever crypto reins supreme) into something everyone must have, speculators will be handsomely rewarded. Me, I'm skeptical. If it's something the powers that be cannot control, the technology will be marginalized and made irrelevant. In the meantime, it will remain a great way to pile up USD/gold/real estate/whatever as newbies enter the market.
Bitcoin is first and foremost an efficient and secure store of value and means to easily transfer that value. Everything else you mentioned is just trivial bells and whistles at best.
The only alt that might have a chance of surviving long term is an anonymous one, and only if it has either practical use or is as good a store of value as bitcoin.
I disagree here, because any completely anonymous coin is going to be crippled by regulation, which will hinder mass adoption.
Its not necessary if you are just using it as a means of exchange. If you are hoping for the price to go way up, that won't happen because that would require infrastructure and mass adoption which would be stonewalled by regulators. In the government's eyes, the only reason someone would want an anonymous currency, is if they have something to hide or are breaking the law. Sad but true.
There is no technology in existence that can guarantee anonymous. If you do doggy thing and grow so large that it attract attention, you will get busted.
The only alt that might have a chance of surviving long term is an anonymous one, and only if it has either practical use or is as good a store of value as bitcoin.
I disagree here, because any completely anonymous coin is going to be crippled by regulation, which will hinder mass adoption.
Its not necessary if you are just using it as a means of exchange. If you are hoping for the price to go way up, that won't happen because that would require infrastructure and mass adoption which would be stonewalled by regulators. In the government's eyes, the only reason someone would want an anonymous currency, is if they have something to hide or are breaking the law. Sad but true.
the only end that is coming is the end of bullshit government paper money.
its only a matter of time until the misallocation of capital from all the arbitrary money printing brings the economy down, causing yet another QE panic printing and hyperinflation.
after which only gold and bitcoin will be money and nothing else.
Word its only a matter of time until the misallocation of capital from all the arbitrary money printing brings the economy down, causing yet another QE panic printing and hyperinflation.
after which only gold and bitcoin will be money and nothing else.
Of course this isn't the end, there have been many more serious crashes over the past few years. The real question is what Bitcoin gets the regular Joe beyond a simple credit card, Google Wallet, Paypal, etc. Bitcoin is definitely Libertarian geek orgasm territory, and that's great, but it will take much more than that to be anything but a curiosity. Most people like the comfort of knowing that, within reason, if they are the victim of fraudulent credit card transactions or banking withdrawals, they will be fully reimbursed. With Bitcoin, at this point, you'd better have damn good personal security protocols in place or else you'll be flat broke. The primary thing Bitcoin has going for it is that its future is only limited by the creativity of developers (and unfortunately, the whims of regulators). If developers can turn Bitcoin (or whatever crypto reins supreme) into something everyone must have, speculators will be handsomely rewarded. Me, I'm skeptical. If it's something the powers that be cannot control, the technology will be marginalized and made irrelevant. In the meantime, it will remain a great way to pile up USD/gold/real estate/whatever as newbies enter the market.
You make valid points but the viewpoint you comment from seems pretty myopic. You make it sound like the planet has regulation or specific must haves. But in truth the different parts of the world have different regulations and different problems that need solutions. Bitcoin protocol allows developments to proceed on many layers across many cultures and countries. Bitcoin does not have to be universally accepted to be very disruptive.
Of course this isn't the end, there have been many more serious crashes over the past few years. The real question is what Bitcoin gets the regular Joe beyond a simple credit card, Google Wallet, Paypal, etc. Bitcoin is definitely Libertarian geek orgasm territory, and that's great, but it will take much more than that to be anything but a curiosity. Most people like the comfort of knowing that, within reason, if they are the victim of fraudulent credit card transactions or banking withdrawals, they will be fully reimbursed. With Bitcoin, at this point, you'd better have damn good personal security protocols in place or else you'll be flat broke. The primary thing Bitcoin has going for it is that its future is only limited by the creativity of developers (and unfortunately, the whims of regulators). If developers can turn Bitcoin (or whatever crypto reins supreme) into something everyone must have, speculators will be handsomely rewarded. Me, I'm skeptical. If it's something the powers that be cannot control, the technology will be marginalized and made irrelevant. In the meantime, it will remain a great way to pile up USD/gold/real estate/whatever as newbies enter the market.
anyway anonymous coins are not very necessary.. i have never need such a coin in all my time i have been with cryptos.. and even if i need that i could use a mixer.
But alot of people DO need such a coin. 
The only alt that might have a chance of surviving long term is an anonymous one, and only if it has either practical use or is as good a store of value as bitcoin.
I disagree here, because any completely anonymous coin is going to be crippled by regulation, which will hinder mass adoption.
anyway anonymous coins are not very necessary.. i have never need such a coin in all my time i have been with cryptos.. and even if i need that i could use a mixer.
The only alt that might have a chance of surviving long term is an anonymous one, and only if it has either practical use or is as good a store of value as bitcoin.
I disagree here, because any completely anonymous coin is going to be crippled by regulation, which will hinder mass adoption.
The only alt that might have a chance of surviving long term is an anonymous one, and only if it has either practical use or is as good a store of value as bitcoin.
I disagree here, because any completely anonymous coin is going to be crippled by regulation, which will hinder mass adoption.
Litecoin has a solid userbase from old school crypto enthusiasts.
Yet it falls without rebounding, and the only little bounces we seem to be only short squeezes from margin trading.How can you explain that?
Speculative money is moving out.
Litecoin has a solid userbase from old school crypto enthusiasts.
Yet it falls without rebounding, and the only little bounces we seem to be only short squeezes from margin trading.How can you explain that?
It's number two just because it's an "historical altcoin", one of the first and has a LOT of time at its advantage compared to other alts. But as you can see things are turning around.
It's just overbought useless crap.
Completely, utterly false statement. MANY alt coins came way before LTC. You just haven't done the research as to WHY it was able to supplant the others, and still has the high marketcap that it has. There are valid reasons.It's just overbought useless crap.
But whatever man, I guess we'll see if LTC is still #2 this same time next year. Let's check back and see. My bet is yes it will still be #2.
what should be the reasons of LTC survinving long term? micro payments? fast transactions (that any new coin has)?
And i mean GOOD reasons, not these little details nobody cares and that any altcoin that has actually innovation can have.
What are the reasons?
For the moment it's falling and falling (most importantly, distancing itself from BTC as you can clearly see by the LTC/BTC CONSTANLY and consistently dropping).
Nobody seems to want this overbought (second in market cap) falling knife.
LTC is pure speculation and this fact seems to slowly catch up. same with the other old stagnant coins listed on BTC-E.
the only end that is coming is the end of bullshit government paper money.
its only a matter of time until the misallocation of capital from all the arbitrary money printing brings the economy down, causing yet another QE panic printing and hyperinflation.
after which only gold and bitcoin will be money and nothing else.
its only a matter of time until the misallocation of capital from all the arbitrary money printing brings the economy down, causing yet another QE panic printing and hyperinflation.
after which only gold and bitcoin will be money and nothing else.
Litecoin has a solid userbase from old school crypto enthusiasts.
Obviously it doesn't add up anything to the general concept but it works, has a secure network and a team that works closely with bitcoin devs.
Obviously it doesn't add up anything to the general concept but it works, has a secure network and a team that works closely with bitcoin devs.
The Reptilians have decreed that only Bitcoin, Jackpotcoin, and Infinitecoin will survive the coming purge.
Just as I expected. Lets compare coins with their respective aths.
Btc 560 - 1200 dollar
Ppc 0,7 - >10 dollar. LOOOOL
NMC 1,3 - 16 dollar
Ltc 4 - 47 dollar
We need to realize that the dumpings will continue. BTV will survive but it seems altcoins are losing the battle.
Lol at PPC specifically. It will get to 0,0 soon.
Btc 560 - 1200 dollar
Ppc 0,7 - >10 dollar. LOOOOL
NMC 1,3 - 16 dollar
Ltc 4 - 47 dollar
We need to realize that the dumpings will continue. BTV will survive but it seems altcoins are losing the battle.
Lol at PPC specifically. It will get to 0,0 soon.
Yeah......the ultimate fate of the shitcoins was always pretty obvious but the way Litecoin is going is surprising me. It just seemed somehow to be the natural order of things that Litecoin would be #2 to Bitcoin, but it seems that there is only Bitcoin. Litecoin is just another shit-coin with zero practical uptake.
LTC is going down for many reasons, one of which is one whale has dumped close to 500k litecoin in order to buy DRK and BTC.
It's number two just because it's an "historical altcoin", one of the first and has a LOT of time at its advantage compared to other alts. But as you can see things are turning around.
It's just overbought useless crap.
Completely, utterly false statement. MANY alt coins came way before LTC. You just haven't done the research as to WHY it was able to supplant the others, and still has the high marketcap that it has. There are valid reasons.It's just overbought useless crap.
But whatever man, I guess we'll see if LTC is still #2 this same time next year. Let's check back and see. My bet is yes it will still be #2.
Merchant adoption outpacing consumer adoption - I think that accounts for Bitcoin's low price now. As for the altcoins... many will (should?) die soon enough.
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