Cryptocurrency

[Ming the Merciless]

Originally Posted by Rausch

Bitcoin has tangible value.

Other coins are speculation.

I think we should make that obvious here...

That's false..on both counts really

Bitcoins are not tangible..

All coins are speculative

There's several other coins with market caps in the billions

Like ethereum , ripple and litecoin

Another altcoin could very easily usurp bitcoin as the main coin...in fact many think bitcoin is over valued at 100 billion mc. Some really smart people think its true value could be 10x less currently and have published papers regarding this.

Remember Alta vista search engine? Google came much later...etc

Pretending bitcoin is safe is unwise...as is pretending it's not speculative.

In fact it is MUCH more safe to invest in multiple coins than 1 single coin (like the top 3-4 coins...ie BERL)