4 ms·

Ask HN: What’s the state of Bitcoin/Alt coins?

11 points by aerialcombat 8y ago

How are they doing now? And where do you see them going in the near future? I purposely kept the question as general as possible.

electic 8y ago
This is probably a hostile forum to ask such a question to be honest. The HN crowd is pretty negative on the whole concept from past experience. Which is fine, everyone has a right to a view. I do have some resources you can dive into where there are people talking about this very topic: Market at glance: https://blockmodo.com/ https://blockmodo.com/ News from the entire space: https://blockmodo.com/markets/latest_news https://blockmodo.com/markets/latest_news Community posts from over 2,500 sub-reddits that deal with bitcoin and alt-coins: https://blockmodo.com/markets/latest_community https://blockmodo.com/markets/latest_community You can also get this all segmented by coin as well. For example, if you just want Bitcoin you can go: https://blockmodo.com/quotes/BTC https://blockmodo.com/quotes/BTC Some other blogs that I like are: 1. https://coindesk.com https://coindesk.com 2. https://cointelegraph.com https://cointelegraph.com Hope this helps.
bsvalley 8y ago
The answer is the same as the one 3-5 years ago. The only main difference today is that almost everybody knows about cryptocurrencies now. More adoption, more regulations, more projects, etc. Really, nothing as changed in terms of the future and potential of crypto, just a lot of positive things happened inbetween. Oh, prices haves gone up and down too, but who cares.
SirLJ 8y ago
a solution looking for a problem...
ezekg 8y ago
I'm bullish on a few alt coins (namely Nano), but I do not see a real use case for BTC yet.
- helij 8y ago
  You can pay all kinds of things with BTC. For example one of the better known Cloud providers accepts Bitcoin. Probably others as well ( didn't check ). That looks like real use case for me.
  - mcintyre1994 8y ago
    Is there any advantage of it over alternative payment methods for that use case though? I'm guessing none of the better known cloud providers are accepting customers without identification of some sort so the pseudonymous bit disappears? I suppose you're keeping another payment provider from knowing about you using their service, but that's probably also not an issue with a better known cloud provider.
quickthrower2 8y ago
I own some crypto but not sure I want them to succeed given global warming. Maybe something like IOTA can be energy efficient as it claims no mining is required.

11 points by aerialcombat 8y ago

How are they doing now? And where do you see them going in the near future? I purposely kept the question as general as possible.

electic 8y ago

This is probably a hostile forum to ask such a question to be honest. The HN crowd is pretty negative on the whole concept from past experience. Which is fine, everyone has a right to a view. I do have some resources you can dive into where there are people talking about this very topic: Market at glance: https://blockmodo.com/ https://blockmodo.com/ News from the entire space: https://blockmodo.com/markets/latest_news https://blockmodo.com/markets/latest_news Community posts from over 2,500 sub-reddits that deal with bitcoin and alt-coins: https://blockmodo.com/markets/latest_community https://blockmodo.com/markets/latest_community You can also get this all segmented by coin as well. For example, if you just want Bitcoin you can go: https://blockmodo.com/quotes/BTC https://blockmodo.com/quotes/BTC Some other blogs that I like are: 1. https://coindesk.com https://coindesk.com 2. https://cointelegraph.com https://cointelegraph.com Hope this helps.

bsvalley 8y ago

The answer is the same as the one 3-5 years ago. The only main difference today is that almost everybody knows about cryptocurrencies now. More adoption, more regulations, more projects, etc. Really, nothing as changed in terms of the future and potential of crypto, just a lot of positive things happened inbetween. Oh, prices haves gone up and down too, but who cares.

SirLJ 8y ago

a solution looking for a problem...

ezekg 8y ago

I'm bullish on a few alt coins (namely Nano), but I do not see a real use case for BTC yet.

helij 8y ago
You can pay all kinds of things with BTC. For example one of the better known Cloud providers accepts Bitcoin. Probably others as well ( didn't check ). That looks like real use case for me.
- mcintyre1994 8y ago
  Is there any advantage of it over alternative payment methods for that use case though? I'm guessing none of the better known cloud providers are accepting customers without identification of some sort so the pseudonymous bit disappears? I suppose you're keeping another payment provider from knowing about you using their service, but that's probably also not an issue with a better known cloud provider.

quickthrower2 8y ago

I own some crypto but not sure I want them to succeed given global warming. Maybe something like IOTA can be energy efficient as it claims no mining is required.