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Title: When Bitcoin loses its growth potential.. Post by: BitTrade on March 23, 2014, 07:09:19 PM Let's say Bitcoin gains a significant level of adoption and the price stabilizes and plateaus for an extended time.
From an investment perspective, it makes MUCH more sense for a very wealthy investor to start a new crypto, mine a ton of it, and market the hell out of it. Is it not only a matter of time before we see this happen? Title: Re: When Bitcoin loses its growth potential.. Post by: Ibian on March 23, 2014, 07:45:41 PM Already happened countless times and it takes very little time and even less money. You can order your very own clonecoin for a cheap price, then all thats left is to spam the board about it. Remember to talk about all the serious flaws bitcoin has for extra impact, especially the confirmation times.
Title: Re: When Bitcoin loses its growth potential.. Post by: DeathAndTaxes on March 23, 2014, 07:51:42 PM Let's say Bitcoin gains a significant level of adoption and the price stabilizes and plateaus for an extended time. From an investment perspective, it makes MUCH more sense for a very wealthy investor to start a new crypto, mine a ton of it, and market the hell out of it. Is it not only a matter of time before we see this happen? Quote Let's say Internet gains a significant level of adoption and the market usage stabilizes and plateaus for an extended time. From an investment perspective, it makes MUCH more sense for a very wealthy investor to start a new Internet, build out a ton of it, and market the hell out of it. Is it not only a matter of time before we see this happen? Why hasn't this happened? Network effect (see also Metcalfe's law (http://en.wikipedia.org/wiki/Metcalfe's_law)). The potential for Bitcoin is to save consumers and merchants something on the order of $200B annually. True investors (i.e. VC and angel investors dumping money into bitcoin startups) see that as the prize not some dump and dump scam that small minded "investors" see. Title: Re: When Bitcoin loses its growth potential.. Post by: kooke on March 23, 2014, 09:44:15 PM Once BTC reaches its growth potential, it may drop in value as speculators get out and then stabilize at the lower value.
Title: Re: When Bitcoin loses its growth potential.. Post by: zzojar on March 27, 2014, 12:10:49 AM Let's say Bitcoin gains a significant level of adoption and the price stabilizes and plateaus for an extended time. From an investment perspective, it makes MUCH more sense for a very wealthy investor to start a new crypto, mine a ton of it, and market the hell out of it. Is it not only a matter of time before we see this happen? This is exactly what people are trying to do on a day to day basis with all the new crappy altcoins. And the coin you might be eluding to is the maxcoin, right? Marketed by Max Keiser, who claims that his coin is going to take over bitcoin? Not likely. I wouldn't buy his coin. Title: Re: When Bitcoin loses its growth potential.. Post by: keithcpaulk on March 27, 2014, 05:02:18 PM The altcoin market is flooded with new coins everyday. Yes it will affect price of Bitcoin. But only handful of altcoins are having feature. Still Bitcoin is having growth potential.
Title: Re: When Bitcoin loses its growth potential.. Post by: atlosas on March 27, 2014, 05:04:01 PM When your 70 year old neighbour will be using bitcoin, then you can say it has exhausted it's growth potential.
Title: Re: When Bitcoin loses its growth potential.. Post by: GTO911 on March 27, 2014, 05:04:39 PM The altcoin market is flooded with new coins everyday. Yes it will affect price of Bitcoin. But only handful of altcoins are having feature. Still Bitcoin is having growth potential. bitcoin will soon be 200, its extremely overpriced and overrated Title: Re: When Bitcoin loses its growth potential.. Post by: waldox on March 27, 2014, 05:30:23 PM Let's say Bitcoin gains a significant level of adoption and the price stabilizes and plateaus for an extended time. From an investment perspective, it makes MUCH more sense for a very wealthy investor to start a new crypto, mine a ton of it, and market the hell out of it. Is it not only a matter of time before we see this happen? its harder to make money by issuing a new generic crypto unless it has new features unique to it to draw in money Title: Re: When Bitcoin loses its growth potential.. Post by: GTO911 on March 27, 2014, 05:34:33 PM its harder to make money by issuing a new generic crypto unless it has new features unique to it to draw in money There are coins already having much better features than bitcoin, what feature does bitcoin has of today rather than being the first |