Bitcoin doesn't have a bright future anymore - page 3.

YodasRedRocket

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Quote from: StarKay on February 14, 2022, 10:03:58 PM

Quote from: dhru9 on February 11, 2022, 12:19:08 PM

All the gains with btc were made already if we are looking for 4 years from now is only 2-3x .

If I have an investment opportunity that will give me a guaranteed return of 2-3x in the next 4 years, I won't say that it doesn't have a bright future rather I will put as much as I afford into it. To be candid, BTC is the most secured crypto asset one can have because it doesn't have any rival.
Meanwhile ETH and BNB can easily become obsolete tomorrow with the development of a new and more effective alternative.

I’ve read that in comparison to precious metals, Bitcoin is gold & LiteCoin is silver. Would LiteCoin not be considered Bitcoin’s closest rival?

StarKay

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Quote from: dhru9 on February 11, 2022, 12:19:08 PM

All the gains with btc were made already if we are looking for 4 years from now is only 2-3x .

If I have an investment opportunity that will give me a guaranteed return of 2-3x in the next 4 years, I won't say that it doesn't have a bright future rather I will put as much as I afford into it. To be candid, BTC is the most secured crypto asset one can have because it doesn't have any rival.
Meanwhile ETH and BNB can easily become obsolete tomorrow with the development of a new and more effective alternative.

asriloni

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It's caused by bitcoin has larger marketcap compared with ethereum and this is the reason why ethereum has more room to growth than bitcoin. IF you hate bitcoin but you must not forget about the fact if bitcoin is controlling the market. This time bitcoin domination is so big and this can be seen from the latest dump that happened with crypto market. What about when bitcoin gets dumped so hard again? it may make ethereum jump again to the another low and i think that will make you feel frustated with what you are saying above. Bitcoin does have a bright future caused by it's not yet touched 4 trillions marketcap. Tongue

tabas

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Well It's your personal opinion. BNB, ETH and all coin market depends on bitcoin price. Bitcoin is most popular and valuable coin.ETH and BNB is good coin but when bitcoin price will drop then all coin or will de dumps.Your think bitcoin haven’t bright future anymore. Don’t forgot that all valuable coin follow the treand and follow the bitcoin. I hope bitcoin development will be more in future.

That's the reality that should sink in to anyone that it's no longer worth it to have bitcoin and it doesn't have any good future. The actuality is that many of the altcoins doesn't have the good future. It's because that they're becoming a market for the same projects and advocates of what they're proposing.
If it's the relation to the market, they dump whenever bitcoin dump. Sometimes they go against and counter that dump but it won't be staying for that long.

goldkingcoiner

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Bitcoin doesn't have a bright future anymore? What cave have you been hiding in? On which planet? Roll Eyes

Bitcoin very much has a very bright future. Look at the volume of the market cap. Look at the adoption. Did you not see an entire country adopt Bitcoin and make it legal tender?
If anything, you are not going to make many friends on BITCOINtalk with such an attitude. Wink

As long as Bitcoin is the number 1 cryptocurrency, it will be a very safe bet as a future money.

I highly recommend looking into crypto a bit more. You have much to learn.

im posible

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Quote from: dhru9 on February 11, 2022, 12:19:08 PM

All the gains with btc were made already if we are looking for 4 years from now is only 2-3x .

ETH I could see 5X in the next 4 years it has lower marketcap and better roi.

Maybe this is true but keep in mind the 3x increase in btc is worth a lot more than the 5x increase in ETH if it is dollarized.
But it is true that investing in eth is safer because there is less risk of sharp price declines compared to btc.

5W-KILO

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Solana is a good ETH alternative, don't get it twisted because of its hacked history there are few projects that got hacked and still grow better in future, there are many mistakes to be made in this space, even binance exchange (best exchange) got hacked at one point, don't judge a project because of hack.

batang_bitcoin

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Quote from: YodasRedRocket on February 14, 2022, 12:32:12 AM

My main grievance with all crypto is how it mirrors the stock market. At least with Bitcoin you know it will recover similar to the stock market. The pump & dump altcoins aren’t as attractive for me for long term investment. I have however bought a small amount of the bigger names ETH, ADA & SOL

Good luck with those bought altcoins, they're good and part of the top altcoins. As for the mirror of bitcoin and stocks, many will really notice the connection between these two.
Well, you said that it's just a mirror so there's really no debate about telling that as notices for having a relationship. People would really find it not encouraging anymore if it's no longer worthy to them but for me, I'll always hold and believe in bitcoin.

Daodex

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Quote from: dhru9 on February 11, 2022, 12:19:08 PM

All the gains with btc were made already if we are looking for 4 years from now is only 2-3x .

ETH I could see 5X in the next 4 years it has lower marketcap and better roi.

I wouldn't bet on metaverse coin yet because all the project look superb. look at sandbox, decentraland is not look like they have bright future too.

Terra luna is intersting decentralized stable coin and this cool project.

eth competitors will faid away when eth 2.0 is arrived. i don't see why anyone would build in solona . recently they just got hacked.

Cardano is hard to develop on there are no need for eth competitors.

I like bnb though i think it has good future its the easiest to develop on regular coins and it's safe.

Good coins are Eth, Terra luna,Bnb

1. What are you saying? Tera Luna isn't a stable coin they have a stable coin named UST please do good research first.

2. ETH competitors have their own special utilities mate some projects and developers will still prefer the competitors of ETH and that doesn't mean ETH is going to die.

3. Cardano is hard to develop on? Do you mind sharing more details on this claim? I'm sure you aren't a developer only them should have the right answer to this claim of yours.

4. The easiest chain to develop on is also the perfect place for scammers to do their thing, many scam projects are now running on BSC chain over ETH simply because of its simplicity.

As for your BTC claims I believe you are wrong, 2x is not a small gain unless you invested only few dollars, 1BTC in 2021 is 67,000$ and assuming in 2025 1BTC costs 120,000$ that's incredible gain mate.

Victorik

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Well, it's your personal opinion and you are entitled to it anyway.
Bitcoin still has a very bright future. 2x-3x for Bitcoin is still a very good investment, depending on the size your investment. For BNB and ETH, they still have a very big future ahead of them.

YodasRedRocket

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My main grievance with all crypto is how it mirrors the stock market. At least with Bitcoin you know it will recover similar to the stock market. The pump & dump altcoins aren’t as attractive for me for long term investment. I have however bought a small amount of the bigger names ETH, ADA & SOL

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You said that the good coins are ethereum, terra, bnb, luna, and said that bitcoin doesn't have a bright future anymore. however, you forgot one thing that the coin you mentioned, which you think has a bright future always follows the trend of bitcoin. for example, when the price of bitcoin goes down, most of the altcoins will go down, especially ethereum, and BNB, or even the coin you mentioned. in the matter of function, maybe you see that the mentioned coin has more benefits. however, this has happened a long time ago. well, i still think that bitcoin is the opening for success for other altcoins. however, sometimes a high price hike usually starts with a bitcoin price pump.

uneng

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In terms of percentage price increasement it can be true, but in order to make altcoins gain more value, bitcoin still has to rise a lot more yet, because it is the main cryptocurrency among all, which drives market's prices. Without bitcoin, all the other currencies mentioned won't skyrocket. So I prefer the safe bet, that is bitcoin.
Doesn't matter if bitcoin grow only 3x or 4x in price, it's still a lot and it's still the safest and most trusted cryptocurrency, so why to seek for unnecessary risk with any currency else?

michellee

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Bitcoin still has a bright future, even if the price now seems hard to back to $50k and only shows a downtrend. Maybe they only see if bitcoin can not increase or go back to $69k but if they dig deeper from the history, they will see that bitcoin is the strongest coin than the altcoin. The altcoin itself just follow where bitcoin moves and it happens many times.

Altcoin indeed can be a multiplier to make more bitcoin which means, if we succeed with that, we will have more bitcoin and just wait until the bitcoin price increases back. Choosing ETH, Tera, Luna and BNB are good for your investment but you should understand that the other coins will also have the same opportunity to be the other good coins. We just do not know which altcoin can be the next one that can increase.

coinsycrip09

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Quote from: oHnK on February 13, 2022, 06:14:04 AM

No one can predict with certainty the potential that each crypto will receive, especially if it has been determined 5x and so on. The huge profit potential from BTC is indeed not the same when compared to newly launched coins, but the risks involved are definitely much greater in crypto than BTC. The dominance of BTC is undeniable, whatever movement in the market refers to the movement of BTC, even if ETH is the second largest domination of the market, it cannot be balanced with ETH.

yup! agree.
indeed the newly launched coin will make our pockets full, but the risk will also make our pockets empty in an instant. Unlike bitcoin, everything leads to its movement. if btc goes to the moon then other altcoins will follow it and vice versa.

as you said, "BTC's dominance is undeniable".
bitcoin will definitely still have a bright future and it will make other altcoins have a bright future too. and the altcoin that shines the most when btc is bright is eth.

topbitcoin

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I think with that much spread, i mean if altcoin can get multiplier more than BTC, how about risk? because in investment we should know and compare risk of each coin and then pick which one we want to buy. I mean i am people who better to be safer, it is yes altcoin will give multiplier more than BTC give, but risk behind it is big too. They can dumped more than bitcoin can.

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Quote from: sheenshane on February 13, 2022, 06:30:12 PM

Quote from: kotwica666 on February 13, 2022, 06:23:55 PM

Quite radical and bold views. On the one hand, I can agree and admit that Bitcoin is technologically a bit delayed compared to newer projects on the cryptocurrency market. However, there is no doubt that the advantage of Bitcoin in terms of adoption and, of course, popularity is huge. For at least a few more years, altcoins will be staying on shadow of Bitcoin.

Because no one called a truly decentralized currency only Bitcoin.
People that didn't understand what is the technology behind Bitcoin will be criticizing them but in fact, those new projects never beat Bitcoin's importance.
There's a lot of advantage on Bitcoin compared to altcoins so only no future people will say Bitcoin doesn't have a bright future.

As you can see, all prices of altcoins were a matter of Bitcoin's price, so how come there's no bright future.

It all depends on how distant the future we are talking about. If we are talking about a few years perspective, altcoins have no chance of catching up with the popularity of Bitcoin. However, if we are talking about a period of dozen or much more years, the situation will definitely change. It will be just like with cars. They're still on four wheels, but technology is always moving forward. It will be the same with cryptocurrencies and Bitcoin will sooner or later be outdated in the technological race.

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Quote from: dhru9 on February 11, 2022, 12:19:08 PM

All the gains with btc were made already if we are looking for 4 years from now is only 2-3x .

Too short to think about this. Bitcoin is the most valuable cryptocurrency If Bitcoin will not have any bright future again in future, I believe that altcoins will be worse.
I also love altcoins, I mean some altcoins that actually have very potential. But I love Bitcoin more. Bitcoin has proven what it can do. We know the journey of this first crypto so far. Not easy, many cons and also negative news about this. But, the trust in Bitcoin is always higher and higher.
We know that the mass adoption of Bitcoin is also growing very well, better than in previous times.
So, don't only judge by one side.

sheenshane

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Quote from: kotwica666 on February 13, 2022, 06:23:55 PM

Quite radical and bold views. On the one hand, I can agree and admit that Bitcoin is technologically a bit delayed compared to newer projects on the cryptocurrency market. However, there is no doubt that the advantage of Bitcoin in terms of adoption and, of course, popularity is huge. For at least a few more years, altcoins will be staying on shadow of Bitcoin.

Because no one called a truly decentralized currency only Bitcoin.
People that didn't understand what is the technology behind Bitcoin will be criticizing them but in fact, those new projects never beat Bitcoin's importance.
There's a lot of advantage on Bitcoin compared to altcoins so only no future people will say Bitcoin doesn't have a bright future.

As you can see, all prices of altcoins were a matter of Bitcoin's price, so how come there's no bright future.

kotwica666

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Quite radical and bold views. On the one hand, I can agree and admit that Bitcoin is technologically a bit delayed compared to newer projects on the cryptocurrency market. However, there is no doubt that the advantage of Bitcoin in terms of adoption and, of course, popularity is huge. For at least a few more years, altcoins will be staying on shadow of Bitcoin.

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