Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: CoinHoarder on December 07, 2017, 04:16:16 AM



Title: Bitcoin Maximalists Versus Altcoin Crusaders... Who Will Triumph??
Post by: CoinHoarder on December 07, 2017, 04:16:16 AM
Quote
Bitcoin maximalists have argued for years that sidechains will kill the value proposition of all alternative cryptocurrencies. Whether you're at a Bitcoin meet up, conference or forum, there always seems to be at least one fervent believer in Bitcoin's (and its sidechains') supremacy for an indefinite amount of use cases over alternative cryptocurrencies. A sidechain is a pegged token that runs autonomously on top of the Bitcoin blockchain, which is secured by merged mining incentives for Bitcoin's miners. Sidechains have been theorized (and debated heavily) for years, and it seems that the time has finally come for the first sidechain to make its debut. The Rootstock beta version (which essentially has all of the features of Ethereum) will launch in Bitcoin's main net with a purported 90 percent of the Bitcoin miner's backing. What does this mean for Ethereum, and more importantly... what does this mean for the entire alternative cryptocurrency space going forward?

Continued here: https://www.decentralized.tech/blogs/speculation-bitcoin-maximalists-versus-altcoin-crusaders-who-will-triumph


Title: Re: Bitcoin Maximalists Versus Altcoin Crusaders... Who Will Triumph??
Post by: bbc.reporter on December 07, 2017, 05:29:52 AM
Good question.

Conclusively the market will decide. Everyone can argue for one side all day long, but as long as there are altcoin investors, they cannot be stopped.

For example me. I hold and support Aeon. Who can stop me and others like me?


Title: Re: Bitcoin Maximalists Versus Altcoin Crusaders... Who Will Triumph??
Post by: M0N3YMAGNET on December 07, 2017, 05:31:47 AM
It depends on the project. Are we talking about Alternative Cryptocurrencies, Zcash, Dash, XMR, etc or are we talking Blockchain projects? These are not the same. I think Blockchain projects once launched will still pump. I think serious coins like XMR will continue to do well. The smaller ones will get wiped out.