julio1978 (OP)
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December 04, 2013, 09:28:21 PM |
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What is the single best threat to bitcoin of the alternative currencies?? peercoin? primecoin? quarckcoin? I don't think it is litecoin because it is just a clone...
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Jacce
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December 04, 2013, 09:32:50 PM |
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I don't think other coins are threats, more like backups in case Bitcoin would fail of other reasons.
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trumbadera
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December 04, 2013, 09:36:25 PM |
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I don't think other coins are threats, more like backups in case Bitcoin would fail of other reasons.
If Bitcoin would fail all other alt coins would fail as well. SHA256 is much more studied for possible vulnerabilities than Scrypt |
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andreiya
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December 04, 2013, 09:36:58 PM |
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the worst threats to bitcoin is not buy with it.It´s my opinion
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kmc1221
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December 04, 2013, 09:39:41 PM |
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I wouldnt call it a threat but quark might make some progress.
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profall
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December 04, 2013, 09:41:10 PM |
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Threat? I think it already exists. It needs to be easier and safer for both the buyer and seller to exchange coins for fiat. Not that it's not possible to do on many different exchanges or in person on local bitcoins. However, your normal everyday person does not want to send a bunch of personal documents etc... to an exchange just so they can make transactions. It'd be cool if they setup some sort of paypal-esque system, where you can confirm transactions off the block chain so the buyer cannot retract a payment.
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hilariousandco
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December 04, 2013, 09:41:55 PM |
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I don't think any of them are currently threats. Just look at the price jump between BTC and LTC.
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raspcoin
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December 04, 2013, 09:49:56 PM |
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I wouldnt call it a threat but quark might make some progress.
It is nothing more than one of many altcoins. You could just as well call litecoin or peercoin a treat. |
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Jacce
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December 04, 2013, 10:27:23 PM |
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I don't think other coins are threats, more like backups in case Bitcoin would fail of other reasons.
If Bitcoin would fail all other alt coins would fail as well. SHA256 is much more studied for possible vulnerabilities than Scrypt That is not necessarily true, depends on the reason of Bitcoin failing. |
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jaudo
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December 04, 2013, 10:31:14 PM |
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in my opinion, a cracking attack or the miners dictatorship.
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uininPeter
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December 04, 2013, 10:36:04 PM |
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in my opinion, a cracking attack or the miners dictatorship.
Pool server dictatorship, almost no one solo mine anymore... |
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raulxpert
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December 05, 2013, 12:55:41 AM |
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I think the quantic computation or something like a big tecnological breaktrough may affect bitcoin cause the famous 51% attack
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odolvlobo
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December 05, 2013, 01:02:52 AM |
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The biggest threat to Bitcoin is speculation. Because of the buy-bitcoin-to-get-rich mania that is now developing, Bitcoin is heading for a huge bubble. Tens, if not hundreds, of billions of dollars will be lost by speculators. If the bursting of that bubble doesn't kill Bitcoin, nothing will.
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CEG5952
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December 05, 2013, 01:06:31 AM |
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none of the alts are really threats to bitcoin. none of them are innovative. ripple is quite an innovation, but it is not currency, and likely complements bitcoin quite well.
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BitThink
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December 05, 2013, 01:21:41 AM |
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The biggest threat to Bitcoin is speculation. Because of the buy-bitcoin-to-get-rich mania that is now developing, Bitcoin is heading for a huge bubble. Tens, if not hundreds, of billions of dollars will be lost by speculators. If the bursting of that bubble doesn't kill Bitcoin, nothing will.
Yes, I agree with you. However, it's not correct to say dollar will be lost. It just goes from one pocket to another pocket. The problem is when bubble pops, it goes from majority of new comers to small number of early adapters. |
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wopwop
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December 05, 2013, 01:23:32 AM |
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a comet
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tampazeus
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December 05, 2013, 01:31:51 AM |
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The biggest threat to Bitcoin is speculation. Because of the buy-bitcoin-to-get-rich mania that is now developing, Bitcoin is heading for a huge bubble. Tens, if not hundreds, of billions of dollars will be lost by speculators. If the bursting of that bubble doesn't kill Bitcoin, nothing will.
Only if there is crash by more than 99% on all major exchanges. We saw 66-90% crashes and Bitcoin survived. |
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MicroGuy
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December 05, 2013, 01:43:06 AM |
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 What is the single best threat to bitcoin of the alternative currencies?? peercoin? primecoin? quarckcoin? I don't think it is litecoin because it is just a clone...
Actually, it's GoldCoin™! And it's still cheap to buy unlike Litecoin. .. .. I put this video together just for the newbies here! (vvvvvvvvv)   |
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pand70
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December 05, 2013, 01:56:28 AM |
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ppcoin and xpm are decent alt coins that have interesting features over bitcoin but they are not a threat whatsoever. No alt coin is even close to bitcoin in terms of the developers backing them up.
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