If BTC is sucking the money out of FIAT...

[Anonymous No.23963955]

...how is it not going to suck money out of shitcoins?

[Anonymous No.23963964]

>>23963955
because shitcoins suck the money out of btc

[Anonymous No.23963977]

>>23963955
>..how is it not going to suck money out of shitcoins?
check charts?
shitcoins -75% from aug pump

[Anonymous No.23964027]

LOL, the whales are sucking out every dime off you PLEBBSSSS

[Anonymous No.23964035]

>>23963955
>...how is it not going to suck money out of shitcoins?
lol, go on Binance, set the M (monthly chart) and scroll all BTC pairs (the ones older than a few months)
https://www.binance.com/en/trade/ADA_BTC?layout=basic
have a laugh
buy BTC

[Anonymous No.23964044]

>>23963964
History doesn't back your claims. Mostly you are being scammed. A select new shitcoins do shoot up the charts and do 10X or 100X but then they have no buyers and stagnate and dump. BTC keeps going up.
June 2017
> https://coinmarketcap.com/historical/20170615/
June 2018
> https://coinmarketcap.com/historical/20180615/
June 2019
> https://coinmarketcap.com/historical/20190615/
>>23963964
It was rhetorical for retards and they continue to fail the IQ test.

[Anonymous No.23964051]

COMPRENDE

[Anonymous No.23964076]

>>23963955
shitcoiners are dumber than fiaters in that shitcoiners will choose to keep their money on shitcoins that will implode in the next market correction.

[Anonymous No.23964085]

Look at the dominance chart, it's downward trending. Also, Ethereum is flipping Bitcoin this time, it got close in 2017 but it will by 2022. Can't wait to see all the Maxi's seething.

[Anonymous No.23964114]

>>23964085
>Ethereum is flipping Bitcoin this time
imagine believing this

[Anonymous No.23964152]

>>23964085
>imagene unironically thinking that eth wont dump when btc does

[Anonymous No.23964197]

>>23964085
In June 2017 BTC dominance 37%, ETH dominance 33%, XRP dominane 11%. Today dominance 65%, ETH 11%, XRP 3%. BTC dominance of top 10 and top 25 has only increased every year and is only getting greater not declining. The thousands of shitcoins with fluff marketcaps that don't have liquidity is just that fluff. If you count the shitcoin fluff as marketcap, ETH dominance is not just in a downward trend, it's falling off a cliff.

[Anonymous No.23964320]

>>23964197
We are in the 2nd inning of this crypto bullmarket, there will be a defi mania hype that will make Summer 2020 look like a miniscule blip on the radar. You seriously think a coin that has zero innovation behind it will suck up all blue chip defi tokens in this run? cmon humans are greedy creatures.

[Anonymous No.23964340]

>>23964197
buying bitcoin today is a very risky bet. It's its last pump ever - exit pump for whales. It's dying on all fronts. Even during a pump almost nobody is using it. If you don't sell on it it's over, it's only going to dump after, whatever price it hits before.
Look at that picture. In two years bitcoin is going to be where litecoin is now. A dead coin, still in top10 but possibly even in the third place. Recently even individual dapps on ethereum had higher fees - what a joke bitcoin has become.

I'm going to be earning millions per year staking eth for decades. You are going to lose almost everything holding btc. Fine by me. Enjoy your dumps from chinese miners.

[Anonymous No.23964434]

>>23964340
BTC adoption is still growing. It's already starting to be used to avoid the international banking system. It's just a matter of time before one major currency or another collapses and everyone floods into bitcoin to ride it out.

[Anonymous No.23964522]

>>23964340
It really makes me wonder if Btc maxis are still living in 2016 where altcoins today are the equivalent to dogecoin, novacoin, namecoin etc. I mean look at that dude Pompliano, he has no idea what is really going on desu.

[Anonymous No.23964534]

>>23963955
EVERY shitcoin is still better than fiat

[Anonymous No.23964561]

>>23964534
Unironically true

[Anonymous No.23964581]

>>23964340
>exit pump for whales. It's dying on all fronts.
what a fucking stupid cunt, just look at Nasdaq companies, even the fucking Iran central bank is buying BTC

[Anonymous No.23964659]

>>23964340
DeFi right now is a meme ponzi scheme that incentivizes rewards through shitcoin tokens and people falling for this and trading back and forth. These shitcoin tokens that you are pointing are here today and will be gone tomorrow, not much different than the 2017/2018 ICOs. Now if you pointed me to a compelling use case solving real world problems, then there could at least be a discussion. But literally pointing me to Sushiswap, etc while multibillion dollar tech companies like Square, Microstrategy, instuitions, banks, hedgefund billionaires, hell even the first state actors (Iran) are acquiring Bitcoin and just storing them as a hedge diversifier asset proving your argument to be the typical low IQ of a shitcoiner.

[Anonymous No.23964696]

All flavors of maximalist are retarded. BTC is digital gold and it's here to stay but a decentralized financial system needs more than just gold and I don't think ETH, LINK, UNI, AAVE, XMR, etc are going anywhere either. They all have a role to play, and we'll probably see more projects that rise to fill a niche in the upcoming bull run.

[Anonymous No.23964767]

https://www.youtube.com/watch?v=jd05W4p25y4

We are going to make it...its starting

[Anonymous No.23964835]

>>23964522
the dumber ones don't, smarter ones are creating a narrative to create one last bubble to exit.
>>23964581
>just look at Nasdaq companies
what you pointed is an example of using other people's money to pump bags.
Microstrategy's ceo first bought bitcoin with his own funds, then used his position to use company's funds to buy btc higher.
Jack Dorsey did the same with Square, but it was for a funny $50M as that was probably the most he was able to scam the company for.
In both cases all they were doing is pumping their own bags, scamming other shareholders.
Remember bitcoin doesn't generate any profit. To make a profit you must scam someone else while selling. They don't care where that money comes from, companies they control (but don't fully own) or random scammed people.
>even the fucking Iran central bank is buying BTC
no it's not did you even understand that news? It was about iran forcing miners to sell to the central banks at below market prices. Then they're selling that at market prices. That's a tax.
>>23964659
bitcoin is a ponzi scheme, while defi isn't, it's just normal borrowing and lending.
A ponzi scheme has the property that any profits come at the expense of others 'investors'. Details after that are irrelevant and vary.

[Anonymous No.23964874]

>>23964835
>bitcoin is a ponzi scheme

[Anonymous No.23964885]

>>23963955
Chainlink is out performing btc. There is no hiding that. Buy link if you want to make it. Its that easy

[Anonymous No.23964897]

>>23963955
Buttcoin is sucking shit. It only pumps when there is infinite Tether printing, whales are accumulating your precious shitcoin with money printed out of thin air when Tether inevitably implodes on itself and there's no more inflated demand and potential for growth they will dump it all on you, retard.

[Anonymous No.23964914]

>>23964897

[Anonymous No.23964972]

Buttcoin = stocks
Tehter = fed
prove me wrong
you literally can't

[Anonymous No.23965010]

>>23963955
unironically BadgerDAO

[Anonymous No.23965050]

>>23964897
I think the reverse is true, tether completely replaced bitcoin as a way to store value in crypto, later tether lost some domination to usdc and a bit to dai.
Before 2018 it used to be that profits on altcoins were sold into btc, now they're sold into stablecoins. Tether supply increasing is a sign that people are cashing out, which makes sense if prices are going up - people in crypto are more likely to sell into stablecoins. Price goes up from external demand.
At the end of a run you have past holders that sold high and have stablecoins, and new bagholders that bought high.

[Anonymous No.23965314]

>>23965050
Correct however the funniest shit is that bitcoin has lower inflation than tether so faggots in stablecoins have put themselves into a corner.

[Anonymous No.23965718]

>>23964035
LINK/BTC

seeth

[Anonymous No.23965775]

>>23963955
Bitcoin will swallow so much value from overpriced art, real estate and collectables. This is the crash no one expects. The old rich idiots holding those assets as stores of values are in for a surprise as BTC sucks up value like a black hole

[Anonymous No.23965936]

>>23965775
Everything will be tokenised using chainlink

[Anonymous No.23966033]

>>23965775
100% this.
the "excess capital" theory is going be a groundbreaker when it starts to dawn on midwits.
btc has out-foxed the foxes. its built the perfect purely speculative asset. no need for confusing "balance sheets" which all just act to obscure truth and pull the wool over dumb investors eyes.
the fact that shitty companies like uber have pe ratios so huge they can't be calculated is proof that bitcoin will succeed and suck all the money from those types of endeavors.
its going to be the "destroyer of worlds" and will bring back sense to financial markets...most speculation will be contained within btc and other actual money making companies will then be properly valued.

[Anonymous No.23966093]

>>23964320
defi is dog shit and everyone knows how to liquidty mine shitcoins that have no usecase and sole purpose is to dump on the open market

[Anonymous No.23966181]

>>23964044
How can I know when to sell?

[Anonymous No.23966401]

>>23965936
Wrong

[Anonymous No.23966729]

>>23963955
Bitcoin will always be king until some huge trusted company starts their own crypto.

[Anonymous No.23967229]

>>23965718
it's literally one of the 2/3 coins out of a thousand

[Anonymous No.23967480]

>>23964835
>the dumber ones don't, smarter ones are creating a narrative to create one last bubble to exit.
>(you) on 2024: sure bro, this time death spiral is real, this is the last bubble ever
and btc will hit 1M in 2025

[Anonymous No.23967505]

>>23964835
>bitcoin is a ponzi scheme, while defi isn't, it's just normal borrowing and lending.
>99% of the projects have an admin mint function to rug pull

[Anonymous No.23967613]

>>23967480
in 2024 eth is going to be on full PoS for a long time now, btc isn't going to be first anymore and nobody expect for bagholders is going to care about it.
If eth had PoS in 2018 like it was planned initially it would already be the case.

[Anonymous No.23967650]

>>23966729
The entire point of crypto is that it's not run by some big huge "trusted" company that will abuse users for profit. The point of crypto is that it's run by math and can't be manipulated by anyone.

If you were right, facebook coin would have crushed all cryptos by now. But nobody would touch that shit and nobody ever will touch that shit.

[Anonymous No.23967773]

>>23966401
They serve two different purposes you skitzo

[Anonymous No.23968200]

>>23963955
>>23964044
>>23964197
>>23964659
>>23965775
In retrospect I should have listened to based maxipads like these. My shitcoin ratios were at the lowest ever compared to 2017. All they were good for was catching pumps and increasing my BTC stack. Moved to all BTC last month. Best decision ever.

[Anonymous No.23969254]

>>23968200
better late than always stupid