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

#1

Post by aerialcombat » Thu, Nov 29, 2018, 5:34 AM UTC

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.

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

#2

Post by electic » Thu, Nov 29, 2018, 5:51 AM UTC

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/

News from the entire space:

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

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

Some other blogs that I like are:

1. https://coindesk.com

2. https://cointelegraph.com

Hope this helps.

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

#3

Post by bsvalley » Thu, Nov 29, 2018, 10:56 AM UTC

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.

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

#4

Post by SirLJ » Thu, Nov 29, 2018, 3:08 PM UTC

a solution looking for a problem...

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

#5

Post by ezekg » Thu, Nov 29, 2018, 9:27 PM UTC

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

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

#6

Post by quickthrower2 » Fri, Nov 30, 2018, 8:50 AM UTC

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.

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

#7

Post by helij » Sat, Dec 01, 2018, 2:41 PM UTC

ezekg wrote: post #5

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

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.

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

#8

Post by mcintyre1994 » Sun, Dec 02, 2018, 8:06 AM UTC

helij wrote: post #7

ezekg wrote: post #5

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

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.

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.