ok, let's discuss what is current position, purpose and future of bitcoin forks like bcash and litecoin
by "meaningless without future" (speaking for example about BCH or LTC) I mean highly improbable to survive in my own model, no certainty
I'd be also careful to use words like "best" which is always relative to the observer and especially when it comes to companies or investment contracts - can we find an example of a dominant commodity that lost it's position? gold did pretty well until a better one emerged - surely there is non-zero probability that BTC will be replaced by another commodity but it would have to have features that makes big enough the difference in given context - BTC or LTC are too similar, XMR (not a fork of BTC) has bigger chance to keep up at least for a while
I'd say the future is predictable but not certain (which is what people mostly desire) - one has to have his own probabilistic model (the difficult part) and the rest is just math (relatively easy nowadays) and money managementI don’t know the future. I know from looking at the past that the future is unpredictable. Not necessarily the best product wins: see Betamax vs VHS.
Therefore, I follow an index investing approach and hold all the top 30 crypto.
by "meaningless without future" (speaking for example about BCH or LTC) I mean highly improbable to survive in my own model, no certainty
I'd be also careful to use words like "best" which is always relative to the observer and especially when it comes to companies or investment contracts - can we find an example of a dominant commodity that lost it's position? gold did pretty well until a better one emerged - surely there is non-zero probability that BTC will be replaced by another commodity but it would have to have features that makes big enough the difference in given context - BTC or LTC are too similar, XMR (not a fork of BTC) has bigger chance to keep up at least for a while
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