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/biz/ - Business & Finance

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5608524 No.5608524 [Reply] [Original]

Are the days of the crazy BTC growth finally over?

Shitcoins are now literally almost 20% of the total marketcap. And that's excluding the top 10 coins which also have some shitcoins of their own (hi XRP and BCH)

/biz/, if you haven't diversified to alts yet and are still holding majority BTC, my condolences. I don't expect a crash, but BTC will continue to bleed into alts faster than it can grow.

The normies have discovered shitcoins just like they discovered BTC before them.

Be ready for 2018 for it will be the year of the alts

>> No.5608593

Bitcoin im its current state is literally unusable and a huge barrier to entry for new people, long gone are the days you could introduce someone to crypto by giving them a small.amount of btc, the fees are retarded, the network is slow.

>> No.5608685

>>5608524
I trade exclusively in ETH. Missed some moon missions but if I include the fees to send BTC these moon missions would be more like x.005.
I hope BTC will die slowly though. It will let alts mature. If it crashes it will bring alts with it.

>> No.5608705

exactly it seemed like only yesterday I could 20-50$ stacks of btc into exchanges painlessly. not anymore ya dig

>> No.5608828
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5608828

>>5608524
>people have noticed that more and easier gains can be made in alts
>muh store of value
IT'S STORE OF GAINS TIME NOW

>> No.5609014

>>5608593
I do this with BCH now. Paper wallet stocking stuffers

>> No.5609138

>>5608685
Same here. I buy all my alts with ETH

At this point, BTC makes up about 20% of my portfolio and has been tucked away in hardware since I bought it. Not sure if selling it is the right call yet, I got in back in September so I'm still at >3x my investment there.

Probably gonna give BTC a couple more weeks to figure out if it's going up or down from here and make a decision then