Silk Road forums

Discussion => Silk Road discussion => Topic started by: asianboy on August 14, 2013, 05:43 pm

Title: In your opinion, what are the best cryptocurrencies and why?
Post by: asianboy on August 14, 2013, 05:43 pm
In your opinion, what are the best cryptocurrencies and why? Do you think we should have built-inflation? Proof-of-stake? SHA-256? Scrypt? etc.
Title: Re: In your opinion, what are the best cryptocurrencies and why?
Post by: asianboy on August 14, 2013, 06:27 pm
Novacoin went up pretty well but no one is really talking about that.
Title: Re: In your opinion, what are the best cryptocurrencies and why?
Post by: Cimicon-Rep on August 14, 2013, 06:55 pm
The most liquid is best. Nothing more need be considered given the other similarities between them.
Title: Re: In your opinion, what are the best cryptocurrencies and why?
Post by: asianboy on August 14, 2013, 11:11 pm
Arguably, BTC, LTC, PPC and other cryptocurrencies all have substantially similar liquidity. Even though purchasing goods and services with BTC is easiest, you can also buy them with LTC (ex: Atlantis). There are exchanges which will trade all BTC, LTC, PPC, etc. for USD / EUR / etc. Then, it takes seconds on an exchange to trade between cryptocurrencies.
Title: Re: In your opinion, what are the best cryptocurrencies and why?
Post by: danconia on August 15, 2013, 05:26 am
Hopefully adoption of payment systems for BTC will make it easier for businesses to also adopt other cryptocurrencies.