Will the Altcoin bubble collapse?

[Nullu]

I am more worried about small scale mining collapsing as a result.

I think eventually the only people really profiting will be those who invest in the hardware. I hope to make a few BTC next year. All of it will be going into hardware.

[1715143299]

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[hypostatization]

Altcoins will never collapse.

They are a way around the mining difficulties of LTC / BTC.

If that is not true, then does that mean that small scale mining itself may be heading toward a collapse?

[MisO69]

I think this will continue on for quite some time. There are many people coming into the crypto scene now with all the publicity Bitcoin and DOGE has been getting. People are going to see the money. I just seen a post titled "I heard devs make a lot of money releasing alt coins" or something like that. So get ready its going to get crazy. Bitcointalk is going to have to upgrade servers soon.

[Viperbass]

The 2 alt Coins that have a future and I have invested into is tagcoin, this is my safe bet.
The other is Doge, so much going on for this coin that once the block reward is halved we will see a price rise.

Then I have a speculative bet on iCoin, very much under the radar atm but the name alone is great and it's not being hyped like other coins. The balance of power
is split between miner and investor because of the block reward rate but 500 mil coin will be produced over a long period of time. 100 coin reward every block and
block rate to settle on every 10 minutes. So more coins then feathercoin but coming out at a slower rate.

So miners will never be in full control like Dogecoin but the coin will be more valuable for it.

[player01]

Yes, the alt-coin frenzy of late 2013 early 2014 will come crashing down.

If everyone has their own currency and are only exchangeable for BTC or LTC it just makes the big two bigger. Right now there are multiple pools in development that mine junk coins that are inflated, then it converts over to BTC or LTC and pays out to the miners that way.

As more scrypt miners get on-board with a bot picking the best coin to mine, the newer alts will all flatten out faster and faster until cryptsy and the like will be hesitant to exchange them, when that happens, there will be a spike as the door is closed on new coins, a door of opportunity for someone to make a site that only trades junk coins between one-another, which will become another bubble and burst, (if someone takes up the challenge writing a program that figures out how many IFX it takes to buy a QRK automatically for instance)

Once that is done, it's done. People will still make coins for their high school or town perhaps, but that will be that.

Everyone currently speculating on crazy-eye-coin and shitcoin and the like will be left holding the bag if they hold it for more than a day or two after cryptsy lists it.

Current hole in the market is an autotrader app for businesses that takes alt-coins and dumps them on cryptsy automatically for a flat percent to be paid buy the guy who wants to buy a candy bar with his 10000000 IXC

[markm]

It is just like tulips.

So likely it will never collapse just like tulip mania never collapsed...

Or collapse just like tulip mania collapsed.

Whatever did happen with the tulips, anyway?

You can still buy them in flower shops...

-MarkM-

[kalus]

In a few weeks to months the amount of new altcoins out will make your head spin. Consider these the golden days of a small amount of altcoins.

+1

look what's been released in the past 10 days.   

[Mr.V]

I think pretty soon big companies like Microsoft is going to start making their very own coins. Even if ppl hate Microsoft they'd still by Microcoin

[Starlightbreaker]

In a few weeks to months the amount of new altcoins out will make your head spin. Consider these the golden days of a small amount of altcoins.

+1

look what's been released in the past 10 days.  

yeah?

make it 2 years.                                                                                                                                                                                                                                                       

[Bigeyeone]

many altcoins will collapse, but altcoins are here to stay, too many people around the world with GPU's that want to make money with them, and they will keep the altcoins going.

[hvezdasmrti]

I have many kitchen robots and i want to make money with them. But robotting gives me 0 BTC, wtf?

[pagona]

I have many kitchen robots and i want to make money with them. But robotting gives me 0 BTC, wtf?

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