Comment: It's still a new currency, so

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It's still a new currency, so

It's still a new currency, so that is to be expected. Even I think that there's a great possibility that BC is currently undergoing a bubble right now. But as time passes this will become less of a problem and the exchange rate will stabilize. Of course, this is assuming no other disasters happen in the meantime.

But let's assume that your hypothetical new crypto currency arrives TODAY. Bitcoin is here since 2009. What you are saying, is that this hypothetical identical currency would be such a large threat that it could immediately render a 3-4 years head start to NOTHING and make it go down 90% in value.

I understand skepticism, but you may want to look at that claim of yours yourself and ask yourself the question if you aren't making other people more skeptical about yourself than Bitcoin itself.