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RE: This time it's different?

in #bitcoin7 years ago

Good analysis... I think the alt-coin bleed "bitcoin suck" is a result of over-popularity and positive speculation in bitcoin. People were buying bitcoin that had no idea what they were doing; while crypto enthusiasts started using bitcoin as a crypto cash-out at the same time.
Is it possible a different coin will be the crypto-cash-out on the next alt-coin bleed; like say Ripple or Ethereum? It has to be something the media will hype, and the enthusiasts only care about because it set some standard....

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Good points. Whatever coin it is, it will have to be one with many fiat off ramps.

Ooo yeh, forgot that point... "off ramps" can't be a "suck" currency without that.

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