Quote:
Originally Posted by onemoretimes
Alt coins are 100% speculation right now. How hard is it for an alt coin to overtake bitcoin?
Is it similar to saying some other currency is going to overtake the USD? That may even be a bad comparison.
Why are you comparing alt coins to BTC? Ethereum is not competing with BTC, they are doing different things.
You should be asking yourself if these alt coins are contributing to the ecosystem of the block chain. If all existing companies start using block chain, some of these alt coins will suddenly have a lot of work on their hands and I can only imagine they will sky rocket in price.
Take a platform coin like Ethereum, in time when a small country is running on it, can you imagine just how much it will be worth?
Calling it speculation now hmmm, I guess, I mean it always is but with so much development, so many people, so many projects built on top, I don't think it's going anywhere to be honest.