Apple had a better operating system than Microsoft, but Windows took 90% of the market.
Betamax was better than VCR, but Betamax wasn't widely adopted.
Bitcoin is the brand name in the space. The coins have no intrinsic value except market acceptance. So being in the leader position is huge. Most of the ecosystem is being built for bitcoin, not the alt currencies.
Perhaps LTC stands a chance of being a complementary currency.
Betamax was better than VCR, but Betamax wasn't widely adopted.
Bitcoin is the brand name in the space. The coins have no intrinsic value except market acceptance. So being in the leader position is huge. Most of the ecosystem is being built for bitcoin, not the alt currencies.
Perhaps LTC stands a chance of being a complementary currency.
And do you know the reason WHY ms-dos/windows took more market share than mac?
They didnt try to take the hardware as well, and thus had THIRD PARTIES selling their OS for them.
Do you know how I learned about bitcoin? Not by meeting a bitcoin miner, not by visiting btc-e and checking the exchange rate, but by needing an alternative to libertyreserve, visiting a Third Party merchant website, and seeing that they gave a discount if you bought with bitcoins.
All the alt coins are crap because they arent the standard. As if it isnt hard enough to start a fucking currency with no government or traditional financial support people have to go around bickering over whether to use scrypt or sha. Really? Its practically the same, just take the first one so cryptocurrency critics cant turn around when litecoin or whatever coin and say "itll die out just like bitcoin" and work together for once in our fucking lives and make something actually happen. Dont bitch and try to be hipsters among a group of hipsters and use an alt coin just for the sake of being a hipster.
If ANYTHING can kill cryptocurrencies as a concept, its the introduction of too many of them. Plz stop it already and try to aid the one cryptocurrency that has the greatest chance od success because its actually, you know, USED.
how many Bitcoins do you have?
it is funny when I see Bitcoiners bitching about LTC, just because you do not own them this doesn't mean they are likely a scam or they will die, let the market decides, the same as it did with Bitcoin.
and yes If i see any coin that brings some innovation I will support it. at least I have choices.
Bitcoiners are becoming communist, with this ideology of one thing and nothing else, it was the same in my country, if you wanted to buy a car you had only one model, buy it or shut up because other brands were evil, we had only one thing of everything and now you are pushing this ideology over which will lead to killing all coins.
let people chose what to use.
