Which altcoins will match Bitcoin in price (1:1) in a few years?

cwb27

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Quote from: cwb27 on July 21, 2014, 05:49:31 AM

syscoin.

once they done ipo, it will be more than 1 BTC /coin in 1 month. please donate, developers need 1500 btc for 15% premine fast!

syscoin will be worth 100k /coin in a few month. why are u not paying the developers yet

jubalix

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Peercoin is the only coin that can not only go to 1:1 but far far exceed it, why?

Because it is designed to.

No other coin is even aimed at the backbone, high value market. They are all TPS/RETAIL orientated.

High value transactions and the bulk of real wealth are not in retail/high TPS. They are in currency swaps, exim loans, large projects, forex settlement, balancing the nightly, buying houses / real property etc.

Only Peercoin is set up for this, and the other coins and 99+% of even crypto people don't get it.

However those with large amounts of FIAT will.

In here for example, For many BTC ers' the catch cry is BTC on AMAZON / EBAY which is similar to LTC on GOX. Or when can I buy shing bauble at store x.

The money is not on AMAZON/EBAY/WALMART/APPLE. They are small time business with little financial importance. Eg the largest companies are some 20x Apple and is private and you have likely never heard of it. That's right around 10T.

http://en.wikipedia.org/wiki/Saudi_Aramco

then there are other state owned enterprises that are similar or greater in magnitude.

microsoft has money because it takes 50$ of everyone every so often for an upgrade.

Gov's take multiples of that every day.

BTC will go to 100K and Peercoin can go further.

EcuaMobi

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Quote from: HI-TEC99 on July 20, 2014, 06:14:41 PM

If 42 coin keeps dropping in price it might go down to I bitcoin per 42 coin. Right now they are still $ 1,979 each.

Quote from: AliceWonder on July 20, 2014, 06:16:10 PM

Not sure what relevance of 1:1 is.

It doesn't make sense to compare the price of a single coin when the total suppy is so different. So 1:1 isn't relevant.

We should be comparing total market capt.

visual111

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Not a match in price, but NXT could match marketcap. It's an entirely new platform behaving as more than just a coin.

grosminer

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I don't think any alt will ever match Bitcoin in price..

YesBoss69

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Quote from: ranochigo on July 21, 2014, 07:15:13 AM

Bitcoin does have some stable backings. Most of the merchants only accept Bitcoins but not alt coins. Alt coin's price are too unstable, they can crash any moment. I believe most people understand Bitcoin better than any other alt coin.

I think that understanding can change pretty quick, though. Just takes a few implementations and people will accommodate something new.. and of course since most people don't and will never have much idea about how digital currencies actually work, it shouldn't really matter. But really, in all likelihood something will get more momentum in the next few years, very possibly sth which doesn't exist as yet but which uses existing tech. I guess cryptonote coins why not, but scrypt could still get a look-in, nothing wrong with a spot of doge in my book (still).

ranochigo

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Crypto Swap Exchange

Bitcoin does have some stable backings. Most of the merchants only accept Bitcoins but not alt coins. Alt coin's price are too unstable, they can crash any moment. I believe most people understand Bitcoin better than any other alt coin.

digitalindustry

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‘Try to be nice’

Quote from: Crindon on July 20, 2014, 05:15:31 PM

Which altcoins do you think will be equal in price 1:1 with Bitcoin in 2-5 years time?

i.e.

1 altcoin = 1 Bitcoin

In other words, Mark Cuban would not buy into Bitcoin, but would buy into the 2.0 version of Bitcoin, an altcoin. Which altcoin would he buy?

If not match Bitcoin 1:1, what will be the new "silver" to Bitcoin in 2-5 years? Second highest market cap, after BTC?

do you really want the answer or are you asking for the conversation - ??

anyhow i'll tell you and keep it as short as possible:

Crypto currency is an aspect of a new form of economics which can be loosely termed as "decentralized economics"

value is not derived from all the original things you can derive value from in say "Austrian economics"

the short story is; Bitcoin is very much price manipulated upwards.

so your answer is - "take your pick" -

there will be a basket of crypto currencies that will surpass Bitcoin in the future.

BUT

the ones that stick to the the primary principals of decentralized economics will have the highest net "value" in the market.

**note - this takes into account genuine sovereign issued crypto. with the note that a nations productive capacity is a factor.

*** note - "gimmicks" are not a part of decentralized economics, we are talking about money here if you want me to make that clear think of it like this:

"Joe's fresh federal reserve note plays a wonderful colorful hologram and sings him the fucking national anthem, but he needs a 1000 to buy a bag of apples."

"Joe doesn't even fucking like apples."

1Referee

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Quote from: pedrog on July 20, 2014, 07:10:53 PM

Well, one 42 is worth around 3 bitcoins right now, and if I recall correctly the price for one 42 was something like 600 bitcoins a while ago.

Bitcoin 2.0 is not an altcoin, it's bitcoin's evolution.

I think litecoin has the potential to be number two, but who knows...

42 coin is insane! I can remember it was worth over 1500BTC lol

CashCat

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Quote from: btler420 on July 21, 2014, 05:46:51 AM

None since 1 BTC will be >$10k in a few years.

Millions of greedy Sheeple will buy everything at nonsense prices when they think they can make a huge profit, just remember the Dotcom-Bubble. Everyone who is reading this thread in 2014 has the chance to be rich in a couple of years, the market capitalization of all altcoins combined is only ~600 Million US-Dollar according to coinmarketcap.com

defaced

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Franko is Freedom

FRK

Why? Because the scarce and long lasting nature of the design.

griffinriz

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if i have to decide from current ones than Monero can compete with BTC.

cwb27

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syscoin.

once they done ipo, it will be more than 1 BTC /coin in 1 month. please donate, developers need 1500 btc for 15% premine fast!

btler420

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None since 1 BTC will be >$10k in a few years.

HI-TEC99

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Quote from: Mwalshe89 on July 20, 2014, 07:21:15 PM

Isn't Monero doomed to fail because of blockchain bloating?

How soon until Monero's blockchain is bigger than bitcoin's?

thew3apon

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There is already 1 alt-coin which match bitcoin price. 42 coin which is 3 bitcoin for 1 42 coin..

CashCat

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Maybe a currency with less than 1M available coins that can be used for instant anonymous payments IRL.

coinsolidation

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Bitmark Developer

Quote from: Crindon on July 20, 2014, 05:15:31 PM

In other words, Mark Cuban would not buy into Bitcoin, but would buy into the 2.0 version of Bitcoin, an altcoin. Which altcoin would he buy?

Rather than trying to identify the coin, consider trying to identify which properties it would need, then you can begin to make a rationale decision as to which you feel offers what is required.

Brilliantrocket

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It would be more useful to ask which will match it in marketcap, and the answer is none. Anyone saying otherwise is delusional (for the few years timeline mentioned by the OP).

Mwalshe89

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Quote from: Joshuar on July 20, 2014, 05:41:26 PM

Quote from: Crindon on July 20, 2014, 05:29:46 PM

Quote from: Joshuar on July 20, 2014, 05:22:13 PM

To be honest, probably Monero.

Why Monero? What does this coin offer that's a head above the rest?

I've been with Darkcoin for a while. But without any bias, Monero does offer the most. From what I've read, it uses Ring Signatures, which allow for both normal and anonymous transactions, which also has the highest level of anonymity there is for a cryptocoin, which is good especially since Bitcoin is starting to get heavily regulated, it's dev team seems pretty large, I've counted 5+ people so far, and its not bitcoin based so none of its features can be copied into Bitcoin. To me, it seems like the anonymous "brother" of Bitcoin. The devs also seem very honest, below quote:

Quote from: fluffypony on July 20, 2014, 05:52:33 AM

Quote from: Anotheranonlol on July 20, 2014, 01:35:25 AM

I don't like the forced meme approach either. Even altcoin observer should be renamed monero observer judging by the amount of discussion towards other innovative developments relative to monero circlejerking.. Granted it's not the same pump n dump long con by a team of marketers we've seen before; Fundamentally the coin (protocol, really) is strong, a diamond in a sea of shit, and this time we have cabal (perhaps soon to be monero foundation) of intelligent old heads.. 'bitcointalk allstars', silver stackers, TA tea leaf readers you know the kind of people that have latin in their signature giving it the thumbs up, creating 5 or 6 seperate threads,) boosting trade volume, pulling strings here n there. along with usual brown-nosers following the crowd because it pays to ultimately. I personally am invested for a while, but I've seen time and time again a dangerous insinuation that monero is the one and only and it reflects badly on the speaker,

Speaking as one of the Monero core team members, I can assure you that there will NEVER be a Monero Foundation. If anyone starts something like that we will reject it, and will encourage the community to reject it.

We are rapidly moving towards a point where every effort - including features, peripheral projects, lobbying, and so on - will be completely community driven and community funded. We will have no control over this process, other than to influence a particular goal by means of weighing in rationally on debates. Any shilling we try do for a particular idea or goal will quickly be called out. We will not have "our" way - the development and future of Monero will be as decentralised as the cryptocurrency itself.

Isn't Monero doomed to fail because of blockchain bloating?

Topic: Which altcoins will match Bitcoin in price (1:1) in a few years? (Read 1780 times)