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Bitcoin - litecoin

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brief

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Sep 19, 2018
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Do you see bitcoin and litecoin as a real alternative to paper money?

I'm having some doubts about the volatility. Even if mass adoption happens it will still be volatile as speculation will always be the case?
 

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Last edited:

Leo Hendrix

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I think it will take time due crypto basically being financial networks or internets of value/money, highly-technical, bad UX etc.

It's still early days and I don't think Cryptocurrencies have "Crossed the Chasm" into the mainstream market yet.
 

Monkeycom

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I used to gamble with my money. From experience, I can tell you that: Don't play with your hard earned money. Invest wisely. Cryptocurrencies investing is gambling
 

YoungnBroke

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Jul 21, 2018
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I think right now Bitcoin and any other currency expect Pax is way to unstable, the only real stable cryptocurrency is Pax.
 

QFP

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Apr 26, 2017
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I think right now Bitcoin and any other currency expect Pax is way to unstable, the only real stable cryptocurrency is Pax.
There are quite a few stable coins about these days , not something fun to gamble with though. :zzz:
But i get your point.
 

steelandchrome

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Don't put anything in you cant afford to lose. I don't see it as a replacement (yet) and don't for a LONG time. It will get adopted in smaller countries and then spread. Anyways I have about $12k worth right now that I rode from $15k up to $65k and then all the way down to $5k... Since then it has been ranging between $10-19k the past few months. I'm just holding for the time being unless I find a better speculative play.
 

LittleWolfie

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Nope,doubt either of them will make it.

Even if you solved the volatility issue (I like the stable eth approach and placed that on top of one of those and the transaction time (a result of scaling to larger users), you have to deal with a larger block size . Lite coin has a nice healthy block with little gain, however we are talking a petabyte per node for full scale.

That's simply beyond the limits of modern storage technology.

Even if crypto does become mainstream, I suspect it will be 6-8 years before the one that does is developed.
 

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