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Author Topic: Altcoins to take bite of BTC?  (Read 519 times)
AranVirote (OP)
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January 02, 2014, 06:26:44 PM
 #1

Hey, so I'm wondering why would I choose to send money if just to buy one coin I have to put in all kinds of value, i.e., risk?

I guess I could send $400 by only buying .0004 if Bitcoin were valued at $100,000. But at a certain point why don't I just choose another equally good protocol to put money into?

At the very least the exchanges would have to charge less fees, especially just to withdraw my bitcoin. Right now it's like .001 bitcoin just to withdraw!

What do others think? Should I just buy litecoin now because of this?
AltCurrency
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January 02, 2014, 06:30:28 PM
 #2

Yes fees would have to go down or exchanges would make a killing
sirsmokesalot
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January 02, 2014, 06:44:22 PM
 #3

Should you just buy litecoin? That all depends on what you are hoping to achieve. Have you read up about what litecoin offers over bitcoin?

Mostly, from my understanding of the information I have gathered, litecoin has no specially developed hardware for it and that is how it is supposed to be. 

Bitcoin has a lot of specially developed asic out there, if the same happens to litecoin who knows how things could pan out.

Your original posting is slightly incoherent to me, if you could try to restate what it is you are saying that would be greatly appreciated, Thanks.

We can't grow when we won't criticize ourselves!
-->>>Unobtanium - The crypto you keep!<<<--
CryptoCraze
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January 02, 2014, 08:06:59 PM
 #4

I think altcoins will take a bite of BTC eventually. For the "average miner-Joe", BTC has just become too difficult to mine. For the average consumer (at least in Norway), BTC are still considered very "grey zone" and expensive.
AranVirote (OP)
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January 10, 2014, 04:48:47 PM
 #5

Huh, let me think about it some more. Sorry not to be so clear.
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