/biz/ - Business & Finance
5 stars based on
68 reviews
Also, thanks to all who contacted us about sponsorship. There are no more big gains to be had in this coin. If you bought long ago, great!
But for everyone else it's not really a great investment compared to other alts. During all Bitcoin was artificially pumped until normies invasion. It won't go over 20k again at least for the next 2 years. I'll see you in february.
I want you to re-read what you said when we are pushing 40k. Store of value supported by capped supply and proof-of-work network that progressively grows to handle increasing difficulty. And the solution has to be better than what other coins have to offer for it to get hype. In terms of percentage gains, the more expensive a coin gets the lower your potential profits anyway.
So Bitcoin is dead weight for anything other than dumb asses with no concept of how this shit actually works. BTC is fucking dead. Its been dead for a long time. Due to the cultish mentality of the team, it is not cheap or fast or decentralized anymore.
If a coin lives by gains then it dies from lack of gains. Bitcoin is fucking dead. Store of value meme is really "shit doesn't fucking work". What are the fundementals of gold? Are they fast or cheap to move? Do you believe in "team" or entities that control the supply? Do they work for the "common person? Not to mention thei TXs getting stuck forever. They won't touch it again. It is what it's supposed to be. Bitcoin, on the other hand, is not. In reality the main alt coins have proven to be safer and better investments.
Every major alt coin outperformed BTC. Not one of them randomly. The only risky coin was Bitcoin. It is humans who assign value to it.
Not because it's "supposed" to be anything, but because of our own internal logic and psychology. Ripple explodes higher xrpbitcoin and cryptocurrency news for 1213 may have had certain intentions when he designed Bitcoin, just as the founding fathers of many nations and companies had certain intentions when they created the United States, or Rome. But over time, the nature of the beast changes as it outlives its authors.
Bitcoin is a substance, just like gold and diamonds. It is people who decide what a substance is worth, and not always for reasons that seem rational. But a keen mind will perceive what truly motivates ripple explodes higher xrpbitcoin and cryptocurrency news for 1213 Realistically, it adds no function or utility to the substance that possesses it. Yet it is a feature of nearly all substances that are perceived as stores of value.
As soon as it becomes easier to buy altcoins without using bitcoin it will crash hard. That's like half the demand for this shitty old coin.
I'm saying that when people think of Bitcoin, they have certain expectations: Instead, what they actually get is a very slow, very expensive, centralized digital gold. The difference between expectation and reality is what turns people off. I'm trying to help you see reality here, as an ex Bitcoiner who used to be completely brainwashed and unable to see problems that were right in front of me. And they made more than double sometimes as much as half a million for the same investment.
Not one of the major coins died or lost value. If you bought January first Bitcoin was the worst investment hands down. Just that it's at a critical point and people involved in it refuse to see it. Speaking of everyone's favorite dinosaur coin: Get ready for even worse fees and tx times. I expect it will drop in volume and price until the fees and tx times are in line with other crypto.
Maybe a long time ago. Do people really think this now? I prefer to think of it another way. The attitude towards it has changed because people still appreciate it for what it does well, they have just moved on to other assets to fill needs that bitcoin can't satisfy. Bitcoin doesn't pay dividends and isn't fast or cheap to transfer which makes ripple explodes higher xrpbitcoin and cryptocurrency news for 1213 a poor currency and investment vehicle.
It is, however, an amazing store of value and speculation vehicle, absolutely the best in history, and still hasn't topped out yet. It'll go up once exchanges sort out registrations and let in a flood of new normies to bleed for fiat. Jesus christ bros I'm new to this shit my transaction fee was 0.
Then your store of value turns into a depreciating asset. So your argument is that bitcoin was better to hold and never trade because trading is hard.
In the context that holding and never trading alts is more risky. Even a 1 minute delay to batch transactions together would drastically reduce their network usage without having a noticeable effect.
Because of all the normalfags using Coinbase to buy BTC, it now accounts for over half the network's traffic, resulting in drastically increased fees due to Coinbase taking up so much space and overpaying for transactions. Of course, what does Coinbase gain from this?
It is affiliated with BCH, who in turn are affiliated with a large mining group who benefit from Coinbase jacking up the fees. That's what I'm saying or ETH. Most shitcoins swing far too hard for most people to ripple explodes higher xrpbitcoin and cryptocurrency news for 1213 to hold through. So idk why you ripple explodes higher xrpbitcoin and cryptocurrency news for 1213 people aren't selling losses in this market.
Acting like giant babies crying and whining that the world is super unfair and that people are being big meanies and taking down muh shitcoin because its so vulnerable to attacks!
Your coin sucks bro Upgrade to literally anything else. Get profit on egas and make me and you rich. You've ripple explodes higher xrpbitcoin and cryptocurrency news for 1213 saying this for years.
It's going to keep mooning. But the difference between me and you is that I am looking back and going "Hey that was dumb, lets see how I can improve my situation in " Its called learning from past events. Your argument is that you think its a good idea to continue to be a complete money hating idiot now that we know they situation has presented itself to be clear that BTC is inferior to alts. Why wont you fucking learn!!!
My gains have been so much better that its laughable to hold BTC at this point. I'm not talking about you or me, I'm talking about the market, dingus. I never at any point said anything about what you're doing in your folio. A lot of people can't afford Bitcoin and try ripple explodes higher xrpbitcoin and cryptocurrency news for 1213 come up with reasons it sucks so they can play with shitcoins.
They get mad when their shitcoins gets ripple explodes higher xrpbitcoin and cryptocurrency news for 1213 because of BTC movement and it increases their anger. They simply don't understand the market and are newbies.
You also have stupid people who cashed out around 7k and trying to FUD the shit out of it because they're retarded. Fuck it's still used all over Tor as well.
As long as drugs are illegal and people need illegal guns Bitcoin is going fucking nowhere. It's going to keep it'll hit 30k this year easy.
I am talking about the Segwit shitcoin. BCH might do something eventually. It's still getting started. BCH can be argued to be "just getting started" though. Segwit coin is fucking dead though. Litecoin is infinitely better and it's still trash. So far, they've only did a one transaction test. That also have no timetable for release.
Inb4 it's not a product. It's a fucking product when you have to pay money for it and a for-profit company maintains it. Your argument is weak just like your hipster shitcoin, ETH fag.
