0
Simple question for newbies. Which other alternative currencies (crypto and others) are possible candidates for a surge in popularity?
Is there any reason that bitcoin will always dominate the alt currencies or is it just one of many contenders waiting to be discovered by the masses any day now?
1
there is no real way to predict where the market goes. Therefore it is a question without an answer.
The part about bitcoin surge is just a question of supply and demand. bitcoin doesn't really have a value. the value lies in the demand from people hoarding or spending them and the supply from miners and/or brokers. It is now in high demand so it's high in price.If by popularity you mean a hyper deflation. Well then yes. bitcoin will probably always dominate the others.
0
Litecoin, Lxcoin, Terracoin, PPcoin & maybe Liquidcoin which ever come first. But for now seeing as Litecoins are cheaper and easier to mine that maybe next boom in alternative cryptocurrencies.
1Can you provide some justification for why you chose those ones? (You did provide some for Litecoin; I'm talking about the others) – Highly Irregular – 2013-04-05T21:10:49.177
-1
If anybody could answer that question, they would be too busy buying up every last coin of said currency.
Voted to close because this seems far too speculative to produce any useful answers. – BinaryMage – 2013-04-06T05:50:20.867