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January 05, 2014, 08:30:13 AM |
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I think so, following the Arms race it is plain to see that mass amount's of innovation, investment's, and regulation's will be entering the scene at an alarming rate, grab a coin and hold on tight!
When difficulty skyrockets for both sha256 and script algorithms in Q2&3 prices are going to soar, miners are going to jump around seeking to make a profit which will shore up the coin market for the most professionally supported and marketed crypto, this year we will see people mortgage their home to buy mining gear, this year in cyber space will be the biggest rush ever seen to date, the 49er's will look pale in comparison to what we are about to witness, early dot-comer's will rank right next to them.
Will the miner's and coin investor's be the super wealthy in the end, I think not, there will be some that leverage their early profit and some very wealthy crypto trader's, but the majority of the super wealthy are going to be the supplier's, tool's and support have been the best thing to sell during the rushes in the past, and IMO tool's and support will create the majority of the super wealthy of this rush.
Alternative cryptocurrencies are the next best thing compared to bitcoin, when more and more bitcoiners cannot compete with the few entities on top what do you think they are going to do, stop mining/buying?, No! Very few can just stop and walk away from a rush, bitcoin miners with experience and gear will be appearing to stake their claim in the Motherload, seasoned bitcoin investors will be buying coins that have little value yet hold a bright future, litecoin enthusiast's will follow if not beat them to it.
Be prepared for the best coin of the immediate future to emerge from its incubation as a so called Alternative cryptocurrency, its coming!
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