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Topic: The single most important thing behind any cryptocurrency is... - page 2. (Read 1470 times)

member
Activity: 84
Merit: 10
my bad, I forgot all those people that invested in Bitcoin because of the algorithm...
member
Activity: 75
Merit: 10
OP needs to work on how he approaches people and engages them in dialogue.
newbie
Activity: 42
Merit: 0
The most important thing behind a crypto is what that crypto has to offer specifically for the individual getting involved, tailored to his own preference. Not what OP said.
aa
hero member
Activity: 544
Merit: 500
Litecoin is right coin
Hey OP, does your caretaker know you're on the Internet? How did you get your mittens off?
hero member
Activity: 756
Merit: 501
http://www.youtube.com/watch?v=Uh7l8dx-h8M
Also I doubt SilkRoad and Atlantis have that much of an influence.
member
Activity: 84
Merit: 10
A way to convert cash into the currency in question.

Period.

Anyone who thinks these coins aren't being driven up in price because they are used to launder money and/or buy illegal products on the internet is delusional

Sorry, but whether you agree with it or not that is what is going on. The only reason people buy any coin as an investment is because they think more people will buy drugs. The silent majority of people who actually spend these coins are drug users who want a way to convert small amounts (relatively speaking) of their home currency into a way to purchase drugs they do not have access to in their area.

Which is why it is naive to think Bitcoin is better than Litecoin simply because there is less in existence and it was first.

buy coins with cash, send to website on TOR, spend on drugs

it's the same process for any coin, Litecoin just does it 4 times faster

Get your heads out of the sand
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