Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Steveia on November 25, 2013, 05:42:34 PM



Title: The Gold Standard
Post by: Steveia on November 25, 2013, 05:42:34 PM
If Bitcoin is the gold standard of crypto-currencies and Litecoin is the silver to bitcoin's gold, then why does Goldcoin advertize itself as the gold standard of digital currencies?



Title: Re: The Gold Standard
Post by: dominicwin on November 25, 2013, 06:22:59 PM
What each coin refers to themselves as doesn't really mean anything. Bitcoin is the most likely to go mainstream. It has the most mainstream interest and more venture capitalists are open to Bitcoin startups than any other one. What happens to Litecoin and alternatives no one will know.


Title: Re: The Gold Standard
Post by: LiteCoinGuy on November 25, 2013, 07:53:10 PM
just the name of a coin makes no gold out of it (goldcoin).

Litecoin is the second largest and best crytpo because it has a good developer-base and good community. also it was not pre-mined like other scam coins.


Title: Re: The Gold Standard
Post by: Steveia on November 25, 2013, 08:01:58 PM
What each coin refers to themselves as doesn't really mean anything. Bitcoin is the most likely to go mainstream. It has the most mainstream interest and more venture capitalists are open to Bitcoin startups than any other one. What happens to Litecoin and alternatives no one will know.

I was being sardonic. Goldcoin calls itself the gold standard in digital currencies because it has the name "gold" in its title; but it is without merit. Bitcoin is the gold standard.