Long Term Investing

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Yes, yes goy, throw your bitcoin into some shitcoin because bitcoin is hard to change.

Manage your money yourself, and more quickly. The economic arena is about to get WAY more fast paced as we transition into a cryptocurrency world. My prediction is a solid set of coins with a much stronger value than many others, with their own dedicated communities. Similar to a Corporate vs Small business aspect, but in a decentralized way. Philosophy and likemindedness will hold communities together.

A one-coin-to-rule-them-all scenario is becoming less and less likely and is only being seen as "The way", due to most people existing in a world with a Reserve Currency. If each network builds enough value on their own Blockchains, there is infinite room for competition. If bitcoin isn't made obsolete, it will likely reign as the most valuable coin for its existence. As far as being a network to build stuff on, as OP mentioned there are better options at this point.

A nice little statistic is that whoever puts out the "first" of a new technology usually runs the opportunity of capturing 30% of the market with the early advantage.

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Buy whatever you want, we have all the time in the world

The big boy coin is yet to be adopted, still being accumulated

>the most cryptographically secure computer network in the world by orders of magnitude
>obsolete

eth, etc, ltc, nem, dash, xmr, waves

>>2244980
Diversify, nigga. Hold some of each of the top 10, and you wont lose 100% if one permanently shits the bed.

>>2245035
>A one-coin-to-rule-them-all scenario is becoming less and less likely and is only being seen as "The way"

This. We will never have all eggs in one basket; too much risk if there is a flaw. There will always be hundreds of coins competing, and different ones with pros/cons

In the future, i see tens of trillions of one dollar shitcoins, and ten one-trillion-dollar shitcoins.

Long term quantum computers will be a thing and all your money will be fucked

>>2244980

What people see as a weakness and incompetence in bitcoin is actually its greatest strength. This whole scaling issue proves it is actually very hard to change bitcoin without near-unanimous consent from the entire community, and that nobody really controls bitcoin.

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https://news.ycombinator.com/item?id=11941758

read what actually technically competent people think of ethereum instead of thirsty pump and dump coinfag college kids.

ethereum is a complete shitcoin. it's only value is in selling it to greater fools.

at it's core, it's a gamble that a smart contract turing complete language has any value at all. the DAO failure proved it's way too difficult to write secure contracts. In many cases it is probably impossible due to the turing completeness of the language. For this reason no real financial company would trust it for actual business.

And what's even more shocking about ethereum is the cryptocurrency was tagged on to the smart contract system as an afterthought to fund the project. JPMorgan et all will learn what they can from ethereum then implement their own smart contracts on their own centralized servers.

but who knows how high it'll go before the truth get's mainstream coverage. I'm guessing if bitcoin is ever actually threatened real developers will start talking shit and people will notice. For now we're just sitting here with our popcorn. billions of dollars of pure nothing lmao.