Quote:
Originally Posted by ilnjscb
Most people are waiting for Bitcoin 2, the version of bitcoin where some fat french asshat living in Japan, or someone like him, doesn't steal all your shit every 6 months.
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Get Ready for Most Cryptocurrencies to Hit Zero, Goldman Says
"Most digital currencies are unlikely to survive in their current form, and investors should prepare for coins to lose all their value as they?re replaced by a small set of future competitors, Goldman?s Steve Strongin said in a report dated Feb. 5. While he didn?t posit a timeframe for losses in existing coins, he said recent price swings indicated a bubble and that the tendency for different tokens to move in lockstep wasn?t rational for a ?few-winners-take-most? market."