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14932827 No.14932827 [Reply] [Original]

Why doesn't this shitcoin die already?
Crypto could have been better without it

>> No.14932842

>>14932827
t. Retard

>> No.14932884
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14932884

HERE WE GOOOO!

>> No.14932901

>>14932842
it takes almost 70% of marketcap with its slow old outdated shitty tech
just imagine how high alts could be if there's no bitcoin

>> No.14932924

>>14932901
There would be no alts without bitcoin, you 2017 newfag nigger lord.

>> No.14932941

>>14932827
Crypto would be dead without it

>> No.14932942

>>14932924
I agree with that
Bitcoin has done its job bringing alts to the world
Now it can retire and die

>> No.14932950

>>14932827
Lmao, BTC wont die for a long time.
It will be out of the top 10 by 2021 though.

>> No.14932987

>>14932942
You don't even understand how the tech works, otherwise you would realize that 99% of all altcoins are centralized and a fraud. Like Skycoin.

>> No.14932998

>>14932827
nope

>> No.14933009

>>14932901
u r fuking retarded

>> No.14933029

>>14932987
> masters in cryptography
> work in the industry
Bitcoin is currently a shitcoin.

>> No.14933111

>>14933029
Delusional gambler faggot nigger. I hope you choke on your own vomit!

>> No.14933174

Bitcoin set crypto back by a decade. Change my mind.

>> No.14933230

>>14933174
Unfortunately, no one can be told what the matrix is. You have to see it for yourself.

>> No.14933247
File: 58 KB, 1027x686, mostlikely.jpg [View same] [iqdb] [saucenao] [google]
14933247

This is the most likely TA on BTC at the moment.

>> No.14933266

>>14932901
It also has more hashrate thant the rest of the coins combined.

>> No.14933290

>>14933266
Exactly, alts with similar mining algos will get a shit ton of hashrate from the fall of BTC.
Those alts might be one of the best ones to invest in. Other than the nobrainer, ETH, of course.

>> No.14933494
File: 15 KB, 420x420, 1561822831547.png [View same] [iqdb] [saucenao] [google]
14933494

>>14933290
You clearly have not done any research on this.

All "alts" that have survived have done by trying to not use pow , saying they will move to pos , or by using other thing than sha 256 so bitcoin asics can't be used attacking them(litecoin and monero).

BCH is the only exception to this rule because it's supported by many people that use btc and has been seen a growing ammount of transactions.

>Other than the nobrainer, ETH, of course.

Again you have not done your research ETH is going to fail terribly in the next bullrun.
They were planing to create 100m coins by 2140 and they are already at 106m , it has infinite supply and has been bleding sats to btc non stop and will continue to do so.

Bitcoin = highest hashpower
LTC = Low hashpower but inmune to btc asics due to not using sha 256
XMR = Inmute to asics , very low hashpower and can be attacked by governments.
BCH = Low hashpower relative to BTC but is supported by many btc miners that can react if bch is being attacked.
BSV = Extremly low hashpower and only supported by coingeek ,only reason it was not attacked probably is because small miners can literally steal from newfags that took the pajeet bait as everytime they buy bsv a miner can take their coins and sell them for btc or usd.
ETH=Infinite supply literally 10m eth created per year and pos will continue to be delayed non stop.

Now any of you newfags explain me you btc is a shitcoin?The technicalities may not be the best having been created in 2009.
But compared to the insanity i showed above btc is literally the same coin untouched and the safest of them all.
Yes for daily transactions people are starting to use bch which can be seen in active addreses and daily confirmed tx.
But even the bch miners probably save their money in btc.

BTC hashrate is so massive that newfags can't seem to even grasp the magnitude of how safe btc network is.
And even ignoring miners btc has 10k nodes compared to let's say 400 nodes in bsv.

>> No.14933550
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14933550

>>14933494
Yes, it does feel BTC is not going to have a good time from here on. Just having a high hashrate as the only edge is very risky for them. Hashrate can be switched between most coins within 2 minutes. This is on of the biggest security risk for BTC. Price is the only thing keeping miners on BTC. Miners are not attached to the brand however, they want to get money. Price fluctuates and hashrate leaves within a single block time.

>> No.14933612
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14933612

>>14933550
>Just having a high hashrate as the only edge is very risky for them.

Actually it's not a bad strategy i used to think like yourself but then realized that corecucks were thinking long term.

Small blocks = high fees
High fees = high hashrate.

There is only one bitcoin , and literally the only coin that has not been hard forked non stop.
By 2030 as 99% coins are mined in bch , bsv , ltc and other worthy coins then fees are going to become the majority of the thing paying the hashrate.

BTC and XMR have already solved this , xmr by having a low inflation but infinite supply and btc by having small blocks paying fees to the miners.

BCH , BSV AND LTC may be in trouble tough , tough bch is the only one doing the right stuff to prevent this by increasing real use adoption by pushing for things like their own local bitcoins , easier wallets and adoption in payment systems like bitpay so if they also achieve full blocks by 2030 they will be safe.

The rest of proof of work coins will be fucked if they don't plan a fix for this other than infinite supply.
If all try to push a monero strategy then that strategy stops working as having a non inflationary currency is one of the strenghts of cryptos.

So no , bitcoin is not going to have a "bad time" , bitcoin will have a great time , and will pass 100k by 2021 , bch will probably give better gains tough but more risky.

>> No.14934530

>>14932987
You don't need 100% of the altcoins to be legit. A single one is enough, and that single one exists within the 1% that aren't a fraud. Your argument is literally a lie.
>You don't even understand how the tech works
Right back at you. Consider that early adopters never become the top dog of their area, but rather make the way for the ones who become a monopoly later. Was Google the first search engine? Amazon the first store? Microsoft the first computer company? Facebook the first social network? et cetera. They weren't. Thinking that BTC is the definitive crypto is just silly. BTC is to crypto what Altavista is to search engines.

>> No.14934572
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14934572

It is sad to see BTC leave the top. We have gotten so used to his BART formations. Good times.

>> No.14934580
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14934580

>>14932827
it's January 2018 all over again

>> No.14934757
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14934757

>>14932827

2009-2011.
>get rich quick scheme.
>ends up working. Some people get huge wealth. Most don't.
>the only reason I'm not getting richer is because the 'legacy' banking system makes it so.

Years later...
>the only reason I'm not rich from these NKN/Raven/Bean/dig/DRGNchain/Deepbrain (let) chain/NEO/whatever is because that slow fucking shit called bitcoin is somehow making it so.

Creeptobros are amazing.