|
May 08, 2013, 02:55:18 PM |
|
anyone who has traded the fiat world's forex market will see the enormous potential of all altcoins, if altcoins are truly going to revolutionise the way the world uses money, then it follows that there will be billions of people using them/wanting them, and there are only going to be 21 million btc, and ltc is, im not sure, 80 million ??
not only will they be scarce but so expensive for people to get into, its obvious the other altcoins will be snapped up and become the equivalent of the present-day's USD, GBP, CHF, JPY, EUR etc ...
which means, from a trading point of view, a HUGE market for pairs trading is going to come
think of these alt currencies as "nations" and you will see the potential, i reckon we should be buying in to all of them, there might one day be hundreds
|