While i agree services are great to have, I don't think services had anything to do with Bitcoin hitting $266 and I think the exact opposite happened - the coin shot up, everyone took notice and that's when services exploded.

What this means is that you could take a coin like ixCoin and reverse engineer it to be much more valuable.  It takes money to do so and that's why it would be a great coin for a second ETF.

It will be slow process. There will be fewer mined coins but I believe mass adoption will create more transaction -> more fees -> so miners still will have motivation to do their work - keeping chain save.

No shit?

Then maybe you can explain to me why while Bitcoin has gone from $68 to $180 over the past 2-3 months, almost all alt coins have been killed, even that CrapCoin, Litecoin, while, during the same period, ixCoin has actually been up more than Bitcoin, on a % basis.

I can't wait to hear your brilliant explanation.  Thanks in advance, asshat.

Cool man, sorry for the attitude, thought you were mocking.

Well, is like to know why Bitcoin would continue going up and if so then why wouldn't ixCoin continue gong up.  I'm just looking for some informed answers but those are difficult to find.

You should diversify if you've got the ends.

Good luck!

Then why don't you ask yourself the same question about Bitcoin?  Or does Bitcoin have some secret intrinsic value which ixCoin lacks.

I only asked why wouldn't it go up since you said Bitcoin would go up when it stopped printing coins so if that's rhe case then the valid question is, why wouldn't ixCoin then also go up since it will stop printing coins in less than 18 months, way ahead of Bitcoin.

I have no idea why ixCoin would go up but not do I or you or anyone know why and how Bitcoin will go up when it runs out of coins, hence the reason for my original question.

An answer or even an educated guess would be nice cause all this circle jerking is not helping anyone.  Thanks anyway, but it looks like you don't even know why Bitcoin will go up let alone ixCoin.

Good luck!

Bitcoin has a pretty wide adoption and it can actually be used to buy stuff and it's in the news constantly.  It's a decent currency to bet on.  ixCoin has.... ?

It will take us more then a decade to mine 21M, so who knows.

Yes. It won't happen for mining though. It will only happen if trading justifies it, but off the chain transactions can already be done sub Satoshi, so why bother? In order to have billions of people trade in bitcoin you need to go off the chain anyway so even for trade there is no practical benefit of more decimals. If by that time a Satoshi would still not buy you a meal, people wouldn't bother changing things as fees will buy the miners many meals if Bitcoin survives to that date.

Edit: My assessment about fees might be inaccurate. There is also a possibility of mining turning into an expensive effort with no reward from the ordinary bitcoin users, run only by those with high stakes in Bitcoin merely out of their own pockets.

You're off by an order of magnitude.

It will take us more than a century to mine 21M.

(Actually, we'll never mine 21M, the maximum will be 20,999,999.97690000)

(Actually, it'll be a bit less than 20,999,999.97690000 due to an issue a few years ago where a miner failed to mine the appropriate number of bitcoins)

Everyone would be Chasing after the transaction fee then.