[quote name=“mmyhre” post=“44903” timestamp=“1387182447”]
0 = Zero
For all people reading this it is important to know that. No matter how much i personally love alt coins it be bitcoins or feathercoins the real value is 0. You can however say the same for dollar, euro, pounds or what ever kind of currency out there.
The problem for alt coins is that there is no real use for them yet except being a fake store of value ( the greater fool theory ). Unlike fiat you still cannot buy a house, pay taxes nor do anything with alt coins except gamble, buy hookers, drugs and other things ordinary people dont really need. ( Yeah i know there is much more, but you get the picture)
The dollar was as known pegged to gold until early 80, and that is what needs to happen to bitcoins.
Lets play with the idea of 1 bitcoin = 1 oz gold. If that was true one could pretty easy calculate real value of alt coins by factoring in bitcoins as the value factor in the same way as dollars where for all other currencies we have today.
So is this possible ?. Maybe, but probably not.
But i love the consept of alt coins and will continue to mine simply because the idea appeals to me, however it is important to know just what alt coins is at this present day in time. Just a big currency ponzi game.
Morten
[/quote]
You sound like you have a lot to learn…