Do you think any of the other "alt" currencies will overtake bitcoin?

[toy4lov3rs]

So why not invest a little in alt currencies? What have you got to lose? Like this dodgecoin shit, mine for a few days, get a few thousand coins and sit on it. If it takes it, wahey, if not, you've lost maybe 20mins of your time and a weekend's worth of CPU time?

This is the safest way to invest, mining some coins out of every new altcoin. You can not loose much this way especially if you enjoy it

[ajax3592]

It seems Dogecoin might make the hit after all thanks to the Chinese coming in.

http://dcgcrew.com/dogecoin/

And seriously guys yesterday there was a small time window when Dogecoin was #1 on Coinmarketcap.com (yes, above Bitcoin!)
If interested I can share the screenshot.

[Onews1990]

Unless there is a vulnerability in bitcoin, I don't think any other alt-coin will ever overtake bitcoin. Bitcoin needs faster transactions though.

[metsat8ll]

btc is the foundation of all other coins. without it, there wouldn't be a coin to hold the alt market together

[Cryddit]

Something that scales to millions of transactions per second and has easy/cheap transfers of vending-machine size transactions  is gonna win.  But whatever it is (and it might even be a redesign of Bitcoin), it won't work exactly like Bitcoin works now.

Something that scales to millions of transactions per second and has easy/cheap transfers of vending-machine size transactions  is gonna win.  But whatever it is (and it might even be a redesign of Bitcoin), it won't work exactly like Bitcoin works now.

So nice that we agree...   

[jongameson]

btc is the foundation of all other coins. without it, there wouldn't be a coin to hold the alt market together

if they invent a coin called "CryptoCoin" it will overtake even Bitcoin simply because of the name

people *hate* saying Bitcoin
it sounds like something a nerd would say


the closest one that even *sounds* like a reputable business is FastCoin

[Mitchell]

btc is the foundation of all other coins. without it, there wouldn't be a coin to hold the alt market together

if they invent a coin called "CryptoCoin" it will overtake even Bitcoin simply because of the name

people *hate* saying Bitcoin
it sounds like something a nerd would say

And "Crypto" doesn't sound nerdy at all. Fuck logic!

[kolesozw]

Unless there is a vulnerability in bitcoin, I don't think any other alt-coin will ever overtake bitcoin. Bitcoin needs faster transactions though.

New transactions are almost instantly propagated over the Bitcoin network (max few seconds )

[Honest Tim]

I agree with an earlier poster that once altcoins can be bought without converting to bitcoin first, things will change.`

There is absolutely no way anyone can predict whats going to happen with such a monumental paradigm shift in the way humans trade with each other, especially after using such a corrupt system from pretty much it's inception.

One scenario I don't think anyone has given any real thought to is the possibility of not just half a dozen, but literally 50,60 or even 100 currencies all co-existing together......worldwide. What currency some teenager uses 10 years from now could be based 100% on what his/her friends use or simply which logo appeals to them or any number of crazy reasons.

People might trade these 50, 60 coins on the same scale as today's "real" currencies are now.

I think it might be time for "Hello Kitty Coin"

[nahtnam]

Not a chance.

There are alts that have promise, but none will take over bitcoin.

Alts with promise:

* PPCoin
* Primecoin
* Namecoin
* Litecoin (not for any real reason, just because it's second on the list).

Quarkcoin is slowly making its way up. They have multiple algorithms (6 to be exact), and the transactions are super fast. It is gaining a lot of interest, but it was pre-mined A LOT.

[oser41eric]

One scenario I don't think anyone has given any real thought to is the possibility of not just half a dozen, but literally 50,60 or even 100 currencies all co-existing together......worldwide. What currency some teenager uses 10 years from now could be based 100% on what his/her friends use or simply which logo appeals to them or any number of crazy reasons.

People might trade these 50, 60 coins on the same scale as today's "real" currencies are now.

I think it might be time for "Hello Kitty Coin"

I dont think it is possible, people like to use only one currency

[jongameson]

everything but Hobo Nickels

screw them i'm no hobo i work

[PrintMule]

I agree with an earlier poster that once altcoins can be bought without converting to bitcoin first, things will change.`

There is absolutely no way anyone can predict whats going to happen with such a monumental paradigm shift in the way humans trade with each other, especially after using such a corrupt system from pretty much it's inception.

One scenario I don't think anyone has given any real thought to is the possibility of not just half a dozen, but literally 50,60 or even 100 currencies all co-existing together......worldwide. What currency some teenager uses 10 years from now could be based 100% on what his/her friends use or simply which logo appeals to them or any number of crazy reasons.

People might trade these 50, 60 coins on the same scale as today's "real" currencies are now.

I think it might be time for "Hello Kitty Coin"

Interesting point you make. Hello Kitty Coin is also a nice idea but what about trademarks? Otherwise could be made into playmoney for kids to but candy and stuff

[guybrushthreepwood]

i have plans for new kind of coins, dat can be more popular, than bitcoin, yeah

I lolled.

I also literally lold at this.

I wonder if there will ever be a coin that offers something revolutionary and/or new that isn't just hot air?

[edloop]

Dogecoin ftw!
It'll take BTC by storm.
Any time now...

[F98miners]

There is Bitcoin and others, but we can quote LTC and DOGE even if they're far away the bitcoin cap'

[nahtnam]

What about master coin? It is a coin that goes through the bitcoin network.

[mainduck]

Alts create a great ecosystem that tests various coins/ideas/performance. We quickly see what works, what fails, what needs to change. I think Alts are a key part to the crypto industry in general, but I don't see how they will over take btc.

[krishatnet]

I think no alternative currency will overtake bitcoins.

[guybrushthreepwood]

I think no alternative currency will overtake bitcoins.

I think you're right, unless something comes out that is far better than Bitcoin and offers something genuinely new and innovative.