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All of the coins, including Bitcoin = greed. Bitcoin probably more than all of the alt-coins combined. Bitcoin is influenced by big players who moved in and is centrally controlled through the "foundation". Which is why they work on favored pet features instead of fixing core issues with the protocol and the implementation. IMO, it is going to fall to irrelevance and be supplanted within 5 years. Some startup or entrepreneur is going to come out of nowhere with something superior without all of the scholarly/academic/let's write whitepapers! baggage that plagues Bitcoin. Bitcoin's Windows. In the meantime the bubble will continue to expand and the balloon will continue to inflate. And the alt-coin market is only just getting started, it will continue to explode.
This is completely true. I heard about bitcoins a few years back, thought they were goofy, and didn't really look at them further until November this year.
It looks like the market has completely exploded with alt-coins, and new ones are being added every day. Some are up like 15k% in less than one year. That's insane.
I actually am curious what the gameplan of startups like Coinbase are. The 1% fee doesn't seem worth the hassle for them when they have to hold the coins and issue fiat constantly. For merchants, they aren't even charging a fee until $1M is transacted. With Crypsty, they are collecting a little on each buy/sell between coins, but then with the conversion from alt to BTC to fiat to actually pay people - how much are they really making?
The only question is how much to gamble and how long until the party's over. Just wish I'd tossed in $10 when I first heard about BTC. Then I'd be compensated for the "risk" of BTC with a cool million or something
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