Bitcoin Forum

Other => Beginners & Help => Topic started by: ModalMechanica on December 01, 2013, 04:42:09 AM



Title: Can bitcoin and altcoins coexist?
Post by: ModalMechanica on December 01, 2013, 04:42:09 AM
In the longterm, is competition going to be something that is viable between the different currencies? Things just look like a big mess right now, I can imagine it getting worse as more and more alts come into play. Is it possible that any of these might be adopted? Will some of them die out? And what will them dying out look like? People not using them, not mining them?


Title: Re: Can bitcoin and altcoins coexist?
Post by: DannyHamilton on December 01, 2013, 04:53:31 AM
In the longterm, is competition going to be something that is viable between the different currencies?

Possibly.

Things just look like a big mess right now,

Yes.

I can imagine it getting worse as more and more alts come into play.

Absolutely

Is it possible that any of these might be adopted?

Unlikely.

Will some of them die out?

Alsmost certainly.

And what will them dying out look like? People not using them, not mining them?

Probably


Title: Re: Can bitcoin and altcoins coexist?
Post by: ModalMechanica on December 01, 2013, 04:57:32 AM
Well i guess i answered a bit of my own questions. What do you think the future looks like for the crypto currency world?


Title: Re: Can bitcoin and altcoins coexist?
Post by: MAbtc on December 01, 2013, 05:01:31 AM
Many of the alts will die off eventually. But when bitcoin rallies, inevitably new blood loves to invest in alts, I can't explain it.  :)