[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 5 KB, 200x200, bitcoin.png [View same] [iqdb] [saucenao] [google]
6203353 No.6203353 [Reply] [Original]

Is Bitcoin dead, /biz/?
Should I sell mine for ETH or keep hodling?

>> No.6203473

>>6203353

I feel like once lighting network is uploaded, we're gonna see a serious bull run, this coin is too widely adopted to die quietly, it's the lingua franca of all of cryptocurrency.
It's also the most powerful supercomputer in the world and probably has it's own AI timing the market to fuck everyone's shit up exactly when you least expect it.

>> No.6203496
File: 1.01 MB, 925x596, lightning network.png [View same] [iqdb] [saucenao] [google]
6203496

>>6203473

>> No.6203545

>>6203353

buy eth ath?

sure, why not lol

>> No.6203609

>>6203353
just hold. the next bitcoin moon that happens, and it will, will be so insane that everyone will shit their pants. and when the ln network hits, that one will be even more ridiculous.

>> No.6203615

>>6203545
Is it really an ATH if a new ATH establishes itself every hour?

>> No.6203642

You pajeets fags should dust off your pink wojack pics, you're going to need them shortly when daddy comes home.

>> No.6203699
File: 6 KB, 225x225, brave.png [View same] [iqdb] [saucenao] [google]
6203699

TRX (TRON) killed Binance, not even joking.

A lot of people went all-in with TRX thinking it was the next XRP, and lost bigly.

Combine that with the Binance new accounts limitation, and a lot of normie/human trading volume has been sucked out of Binance.

Only the top ~10 coins by volume are worth trading for normies, the rest is dominated by bots.

>> No.6203714

It really is a shitcoin as far as fees and tx times take though. I love the dinosaur, but there are many better coins on the market right now.

>> No.6203745

>>6203615
ETH establishes a new ATH every 2-3 weeks.

>> No.6203803

>>6203353
i moved most of my altcoin holdings the last few days into btc.

now everyone is hating on btc - sure btc will rise. was the same back when btc had its mega bullrun everyone was shitting on altcoins and why only btc is the one and only.

>> No.6203861

>>6203803

I think we're moving into a new paradigm, doesn't mean BTC won't continue to rise, but It's never had such a low market dominance.

>> No.6203943
File: 87 KB, 640x633, 237.jpg [View same] [iqdb] [saucenao] [google]
6203943

>> No.6203955
File: 1009 KB, 600x1067, IMG_2803.png [View same] [iqdb] [saucenao] [google]
6203955

Big daddy BTC is comin to steal your gains and your bitches in the next few weeks. He's just an old fuck so he's a little slow.

>> No.6203964

>>6203353
not even close. normies are starting believe bitcoin is a better investment than gold, and it's cheap as fuck compared to gold. wait till market cap reaches 10 trillion then bail.

>> No.6203995

We will not add future support for the Blockstream fork of bitcoin (“Bitcoin Legacy”), and will be deprecating it entirely at some future point in time to be determined. Developments have revealed it to be a dead end. At such a time, we will refer to Bitcoin Cash as Bitcoin only, but will make some effort to not break API calls by changing URLs of legacy automated systems.


https://blockexplorer.com/news/blockexplorer-support-bitcoin-cash-bitcoin-legacy/

>> No.6204023

BTC is gonna be around for a while yet but i think the smart money is realizing ETH and the like are the future.

I got all my shit tied up in ERC20 shit so I'm hoping once ETH stagnates a bit that those gains will run off into those branches.

>> No.6204056

>>6203861
god damnit cashies when you will learn

If BTC is losing market dominance is because of the ALT shitfest right now. Wait until the king wakes and fucks shit up, tell me about dominance then.

>> No.6204057

>>6203995

>muh Roger Ver

>> No.6204067

>>6203473
no btc will never die

no matter who usless it is , i tell you why
if you want to buy any shitcoin you need btc

bts is needy in all the exchanges , and the elite control btc and the exchanges now , so btc is not gonna die

>> No.6204112
File: 136 KB, 544x465, smuganimegirlthinkingaboutBTC.png [View same] [iqdb] [saucenao] [google]
6204112

>>6203353
>should i trade an undervalued asset that is about to moon into the 18th dimension for an overbought asset that is ATH mooning currently
gee, i duno. you tell me? i swear the absolute state of /biz/ these days

>> No.6204192

>>6204067
Virtually any human being here isn't gonna die another 40 years or so. Does that make anyone here particularly useful?

No rocket, no use.

>> No.6204217

>>6204056

I'm not a cashie, faggot, never have been, but the reason BCH came out is clear, BTC is lagging behind. I hate to say it because I respect BTC more than any other coin and hate to see it fade away, but if they don't start improving it soon, it's not going to be pretty.

>> No.6204236

jump in eth its just a fork of btc too not going to save your ass its gonna dump too

>> No.6204337

Ethereum and BCH scalability


https://youtu.be/8FFly8VF950

>> No.6204356

Yes, sell low to buy high.

>> No.6204395

>>6204112
>he thinks bitcoin legacy is undervalued
>he thinks ethereum is over valued

>> No.6204432

>>6203699
>TRX (TRON) killed Binance, not even joking.
Do you have any opinion on cryptopia? Im tired of getting python botted on binance

>> No.6204474

>>6204217
Improving what fucking cashiefag?

No one fucking uses any coin daily, the only fucking use for coins right now is just transfer between exchanges. Go suck your grandma dick nigger, fucking nerd.

"there is just better technology now!" No one gives a shit about your techonology, if i want to pay for something i use paypal or real money. "bububut paypal is a scam" yes but thats what works right now fucking faggot.

Bitcoin is the fucking gold standard right now, not your shitty alts, not even ETH, if BTC goes down there will be no survivors.

>> No.6204562

>>6203353
When btc hits 30k and it will soon, expect to see some unreal green candles.

>> No.6204567

>>6203473
Lightning network is already out, it's just time for market forces to start driving adoption in order for them to save on tx fees.

It'll probably be a fairly slow movement, as it's a significant new tech without much existing implementation reference. However if Bitcoin, and thus crypto as a whole, is going to succeed as the decentralized exchange of value and trustless data it's promised to be, then layer-2 protocols are going to be the essential stepping stone.

>> No.6204608

>>6204395
>bitcoin legacy
the state of bcash shills these days. trying so hard to co-opt the bitcoin name they arent even hiding it anymore.

>> No.6204615

>>6204337
btc can into smart contracts too

>> No.6204649

>>6204562
>When btc hits 30k
So slow climb to 30k, then parabolic moon?

>> No.6204666

Who's going to update Lightning into BTC? Charlie Lee? Nigga is real Satoshi.

>> No.6204888

People who FUD bitcoin really have half the story. The world does not NEED another instant payment solution. It'd be nice if bitcoins could be easily transacted at present, buy right now it is not its USP.

People love bitcoin because it is a new and very real savings account. It is fulfilling the niche that ISAs once occupied, before banks cut their interest, too. ISAs were also very difficult to move your money out of, but nobody called them "broken".

Bitcoin constantly redeploys itself and evolves for the realities of the market. Right now, it's compound interest gains are its best feature. By the time enough people hodl it and shops accept it, there will be simple second tier payment options for it. Some will undoubtedly include frictionless conversion into altcoins.

>> No.6204966

>>6204067
>all exchanges need BTC

thats going to change, nigger.

>> No.6204996

If BTC is dead, ETH is dead twice.

>> No.6205012

Buy BitCash and Ripple and ETH
play small percent on cardano iota and tron

you will thank me in 4 weeks ;)

>> No.6205474

Time for name calling is over the fun starts soon

>> No.6205527

>>6203473
The lightning network is currently being worked on by a start-up company with inexperienced developers with no involvement from Core. For a product that has such a large market capitalization, one would expect at least some industry veterans, particularly since the code needs to work with a huge amount of data. Furthermore, that's no news on the progress and no release date. It's starting look more like vaporware at this point.

>> No.6205909

>>6205527
>Furthermore, that's no news on the progress and no release date.

You're either being ignorant or malicious. It's already out, there's existing non-testnet nodes. It's an open protocols, you can use and develop for it now. It's just a matter of market needs for fee-less tx to drive it's adoption and further expansion.

Bitcoin itself doesn't have a 'release date'. It's not a fucking product.

>> No.6205960
File: 41 KB, 400x560, PEPESMALLS.jpg [View same] [iqdb] [saucenao] [google]
6205960

>>6203353
The King's coming don't you worry. Satoshi for trillionaire.

>> No.6206609

I literally never even check eth and this thread made me realize my money had doubled in 2 weeks so thanks.

And no, nothing will replace bitcoin. Not for a long time. That's like asking "will dollar shave club replace gilette"

>> No.6206844

>>6205909
> It's already out, there's existing non-testnet nodes.

Give me a source because I wasn't able find it anywhere.

If it's not implemented on the whole network, then it has no relevance.

>It's not a fucking product.

How is it not a product? If you buy it or sell it to somebody, then it's a product. It's been commercialized since day 1. Blockstream is further commercializing it through private chains like Liquid. The Lightning Network was worked developed by for-profit companies.