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Author Topic: 5 things you should know about Bitcoin's competitors  (Read 1099 times)
cryptocurrencylive (OP)
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June 28, 2014, 01:27:37 AM
 #1

5 things you should know about Bitcoin's competitors

http://www.vox.com/2014/6/27/5848990/5-facts-about-bitcoins-competitors

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juicyjuice87
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June 28, 2014, 01:38:30 AM
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Pretty quick to pull the trigger? Bitcoin was a nice experiment. It's time to get with the times and use 2.0 cryptocurrencys such as the wonderful coin NXT
jonald_fyookball
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June 28, 2014, 03:58:34 AM
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Pretty quick to pull the trigger? Bitcoin was a nice experiment. It's time to get with the times and use 2.0 cryptocurrencys such as the wonderful coin NXT

From what I heard:

NXT isn't even open source , and was distributed to 50 people.

Call me when you can actually buy something with it.

Beliathon
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June 28, 2014, 08:47:58 AM
 #4

Most altcoins have a tiny market share



Most altcoins are losing value against Bitcoin


Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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June 28, 2014, 08:51:05 AM
 #5

Bitcoin will be leading the market atleast for few years more so it's just "competition" not competition at all.

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

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June 28, 2014, 09:15:11 AM
 #6

I think it will be interesting to watch the whole crypto market mature.

Will bitcoin completely dominate the market as Google does search?

Will bitcoin be just one niche of crypto ie wealth storage?

Will there be a 'silver' to 'gold'?

Will anything truly challenge bitcoin itself; bitcoin can potentially just integrate any functional edge

Will we have multiple coins stored in a mixed coin wallet, where we can choose our payment coin?

There's a lot happening in the altworld, will make good viewing.
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June 28, 2014, 09:58:05 AM
 #7

Most altcoins have a tiny market share






Litecoin is the second , nice. our silver  Smiley  

yeah dont be stupid guys: no one will use nxt or any other coin even if it would be better than bitcoin. do you guys think that the giant companies like fortess and second market will use a crappy alternative and sell their btc? NOoooooooooo!

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June 28, 2014, 10:19:30 AM
 #8

Well it doesn't hurt to always be aware of the field
Aka who your competition is and what they are up too anyways guess it was a bit interesting for an article but more depth was needed.

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