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RE: Cryptochannel - Investment and Diversification #2 - OKCash
As you seem to have trust in even smaller altcoins, do you have trust that altcoin boom will last?
I could write a rant either about how unlikely it is for a small altcoin to get really popular, but I know.. risks are small if you invest only a little money on them and even BitCoin (which is now high valued and pain to use) started very small, but is popular at the moment.
I can see why so many people see crypto as a good hobby.
Yeah, thats something hard to predict, but then again bitcoin is an old tech and has lots of issues. OK and other similar concepts seem much more likely to be widely used (if they survive) as they are more efficient, faster and have lower transaction fees. I mean whats the point of buying coffe with btc if you have to wait for a 30+mins to get verification and the fee is likely higher then the price of your coffee... We'll see how things turn out. I guess only time will tell.