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Topic: BITCOIN FUTURE IN DOUBT (Read 806 times)

sr. member
Activity: 882
Merit: 215
#SWGT CERTIK Audited
July 18, 2024, 10:06:33 AM
#66
I don't think it's that fast OP. In my view, the big investors remain primarily focused on BTC while ETH remains positioned in the second option. The so-called survey or news is synonymous with looking for sensations, especially if market conditions are not good or when there is a change in market dynamics. Well, the important thing to note is that we are also sometimes even often trapped with headlines on a topic/news and if it is delved into more deeply just to provoke public expectations, especially those who are not fully familiar with BTC. I believe that the big players are also very wise in choosing which ones are prioritized and which ones come first.
sr. member
Activity: 1106
Merit: 391
July 18, 2024, 09:36:03 AM
#65
I think it's just their opinion, because so far Bitcoin is doing very well in the market, as we can see that more and more investors are interested in it and its price is growing well in recent times. And also I don't think that Ethereum is able to beat Bitcoin in terms of market capitalization, just look at the difference in market capitalization between Ethereum and Bitcoin now, it's quite different. And it also proves that even though there are more altcoins and ETFs on the market, people have more confidence and trust in Bitcoin and that is what makes it even more valuable in the future.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
July 18, 2024, 09:27:04 AM
#64
It's the opposite, altcoin holders including ethereum holders are also showing interest to secure their profits through buying Bitcoin. The ETFs are there for both Bitcoin and Ethereum but why you doubt Bitcoin when it's the first and top cryptocurrency? It's more likely that people aren't willing to sell their Bitcoins at any moment now. Although OP might have been pointing it out with what has happened with Germany.

But even so, the majority of the holders aren't willing to sell at this point their Bitcoins for Ethereum. I do think that ETH holders might be the one that would like to sell theirs for Bitcoin. And that's the reason why many DCA Bitcoin because it's more precious than ETH. Well, whether you hold btc or eth, as long as you've got a nice chunk of it, they're both good to hold.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
July 18, 2024, 09:23:07 AM
#63
Really? Really? Why do you people even bother sharing these shitty articles? BTC is the undisputed king of cryptocurrencies and it has proven it again and again over the course of time.

It's seriously hilarious seeing BTC haters trying to challenge its unrivaled supremacy despite being proven wrong again and again. Think op!
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
July 18, 2024, 08:22:32 AM
#62
Crypto or cryptocurrency includes Bitcoin and alternative cryptocurrencies aka. altcoins with market for investors and traders to do their jobs.

They can invest directly by purchasing those cryptocurrencies or indirectly through Spot ETFs. It's their personal choices and need to research on risk of trusting third party entities to secure their money. If they afford the risk with third parties, they can go with Spot ETFs. If you can not afford that risk, go with non custodial wallets, be their self custodians to secure own money. Be their own banks, with non custodial wallets that better, need to be open source, not close source.

Choose wallets through research, read reviews, reproducible tests, and have proper, safe backups.
Reminder: do not keep your money in online accounts or in other words, "Not your private keys, not your coins".
How to back up seed phrase
Choose your wallets
Walletscrutiny.com. Reproducible tests.

Of course. It's all a matter of personal preference. Those who want the flexibility of not having to protect their Bitcoin or set up a wallet, would find investing in a spot ETF the best choice. Others will simply choose to invest in BTC directly and store their holdings in a non-custodial wallet for safekeeping. This last method gives you full control over your BTC. As much as I don't like institutional investment firms buying up all of the BTC, there's nothing we can do if we want mainstream adoption to rise over time.

I wouldn't say Bitcoin's future is in doubt, especially when demand for the cryptocurrency is higher than ever. Perhaps, altcoins' future is in doubt. Not Ethereum, nor Solana. But low cap altcoins and "meme" coins that are purely-speculative. The crypto market behaves in many strange and bizarre ways, so expect the unexpected.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
July 18, 2024, 02:02:53 AM
#61
This is a bitcoin forum and we are thriving here because we all support bitcoin and it has supported us in the mean time. Newer asset classes are always welcome but only if they bring something new to the table. What one exchange thinks today, may change tomorrow, but one thing never changes, is that bitcoin is the only coin you need in crypto.

I notice OP still hasn't returned to the topic.  Just posts the FUD and then disappears off to the next thread without a care.  Maybe this current generation of speculators just have short attention spans.   Roll Eyes
This a common method used by shill accounts. Probably the account is used by the exchange to ejaculate cooked up posts and spew it over the forum.

Often they are hiring people for this and its sad to see that certain account owners are willing to accept it for get their stomach's filled.
hero member
Activity: 1470
Merit: 502
July 16, 2024, 07:27:55 AM
#60
The bitcoin price is likely to gain momentum in the next bull run. And if the price of Bitcoin increases a lot, peoples interest in it will increase.
You have a point but only naive cryptocurrency investors won't have his/her interest increase on Bitcoin now due to the rapid selling caused by the German government, and Mt. Gox victim's distribution because when the market is in the panic stage is the best time to ape in.
It's true what you say but not a few also have naive thoughts like this, especially for those beginners who are indeed panicked by price fluctuations because they have just felt it, especially with some conditions that occur when a big news related to bitcoin occurs indirectly it will affect the market which makes them even more panicked.

It is a condition that always happens and we cannot stop this because it is a reflection of the reflection of many people who are panicking. But precisely that is a wrong thing because they do not realize that with the actions taken it already shows that they do not understand how bitcoin performs well so that they always feel panicked excessively when something happens, especially for corrections and declines.
hero member
Activity: 2478
Merit: 695
SecureShift.io | Crypto-Exchange
July 16, 2024, 03:27:18 AM
#59
What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!

Investors interest are driven by the profit they are going to make within a specific period of time. This has nothing to do with the future of btc from a long-term perspective. Money is made base on speculations and the eth etf is one of such cases. Every speculating eth price will be much higher when the etf is eventually approved. Investors capitalizing on that note to buy eth while the price is cheap for a possible pump afterwards.
Btc future is very bright and there is no reason to think otherwise. Those who are selling for eth will definitely buy back when they are done with the eth etf short-term pump.
hero member
Activity: 1442
Merit: 775
July 16, 2024, 01:39:56 AM
#58
Crypto is not only about ETFs. It's way much more. It's a movement. A means to obtain true financial freedom and self-sovereignity. Bitcoin started it all, so don't expect it to lose its position anytime soon. Ethereum wouldn't had been nothing without it. What was the OP thinking? Set yourself forward 10 years from now, and BTC will still be the #1 cryptocurrency in the world.
Crypto or cryptocurrency includes Bitcoin and alternative cryptocurrencies aka. altcoins with market for investors and traders to do their jobs.

They can invest directly by purchasing those cryptocurrencies or indirectly through Spot ETFs. It's their personal choices and need to research on risk of trusting third party entities to secure their money. If they afford the risk with third parties, they can go with Spot ETFs. If you can not afford that risk, go with non custodial wallets, be their self custodians to secure own money. Be their own banks, with non custodial wallets that better, need to be open source, not close source.

Choose wallets through research, read reviews, reproducible tests, and have proper, safe backups.
Reminder: do not keep your money in online accounts or in other words, "Not your private keys, not your coins".
How to back up seed phrase
Choose your wallets
Walletscrutiny.com. Reproducible tests.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
July 15, 2024, 05:21:26 PM
#57
If people think that making an ETH ETF could make bitcoin go down in the rankings, they are expecting way too much from ETF and they are expecting way too much from ETH as well. Its clear that we are going to end up with a result that will be not that easy to handle, and it will be quite good for all of us as well. We should just focus on what we have, and not have some grand imagination about what could possibly happen.

We could also see dogecoin reaching 20 trillion dollar market cap, in reality there is no technical aspect of it that would prevent that so it is possible, but its as much possible as me waking up to a million dollars in my crypto account, won't happen. So that is why instead of looking at what's possible, lets look at what's probable.

Crypto is not only about ETFs. It's way much more. It's a movement. A means to obtain true financial freedom and self-sovereignity. Bitcoin started it all, so don't expect it to lose its position anytime soon. Ethereum wouldn't had been nothing without it. What was the OP thinking? Set yourself forward 10 years from now, and BTC will still be the #1 cryptocurrency in the world.

Believe me, things are going to get worse for ETH as centralization grows within the network. The ETFs will gather a massive influx of capital, though. But who cares about the money, if the project will move away from crypto/Blockchain tech's core principles? With "Wall Street" in the game, the market will become more centralized than ever. At least, "hodlers" will be happy. Smiley
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
July 13, 2024, 02:11:53 PM
#56
If people think that making an ETH ETF could make bitcoin go down in the rankings, they are expecting way too much from ETF and they are expecting way too much from ETH as well. Its clear that we are going to end up with a result that will be not that easy to handle, and it will be quite good for all of us as well. We should just focus on what we have, and not have some grand imagination about what could possibly happen.

We could also see dogecoin reaching 20 trillion dollar market cap, in reality there is no technical aspect of it that would prevent that so it is possible, but its as much possible as me waking up to a million dollars in my crypto account, won't happen. So that is why instead of looking at what's possible, lets look at what's probable.
jr. member
Activity: 408
Merit: 3
July 13, 2024, 10:39:56 AM
#55
Bitcoin has a great future and it can't be replaced with any other alt-coins in the cryptocurrency industries and it only be opinion from the Big boy's in the cryptocurrency industries and nothing else much that we make Bitcoin a second alt-coins in the cryptocurrency market. Therefore Bitcoin we continue remains as number one in the industrial and is good to buy more since the market is worming up for the next season of Bull Run market.
full member
Activity: 448
Merit: 130
July 12, 2024, 01:05:22 PM
#54
It will continue to grow. The level of awareness and penetration of Bitcoin has increased manifold. No doubt bitcoin is a currency whose value is constantly going up, maybe the coin will go up and down at some point along the way, that seems normal to me. As Bitcoin has entered its all-time high this year, expect it to add new levels in the future. Bitcoin is not a two-day investment, you have to wait for a long time to get a valuable profit. Those who are afraid to invest have doubts in their minds, when Bitcoin was under $20k last year, did you doubt that Bitcoin would not come back in new form. So if that is the case then why is the current price of bitcoin down a bit and doubting the future of bitcoin. I myself have invested in Bitcoin and I am hopeful that it will bring me the expected results in the future.
full member
Activity: 504
Merit: 163
July 12, 2024, 06:27:42 AM
#53
As the days go by people are showing more interest in Bitcoin, people are more interested in Bitcoin and investing in Bitcoin, so it is expected that the price of Bitcoin will increase in the future and its demand will also increase by double the amount that people will show interest in investing more in the future. If we can invest in Bitcoin with a long-term plan, surely we can get enough profit by investing in Bitcoin, which will make us more interested in Bitcoin. But ethereum is a reliable coin we can invest with the same confidence in bitcoin as we can invest in ethereum with great confidence. But nowadays more and more people are showing interest in Bitcoin because many people have changed their fortune by investing in Bitcoin, they have changed their fortune by making good investment and earning a lot of profit. After hearing many fortune changing stories on this forum, people are interested in investing more bitcoins and this bitcoin will gain more popularity in the future.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
July 12, 2024, 05:44:35 AM
#52
I notice OP still hasn't returned to the topic.  Just posts the FUD and then disappears off to the next thread without a care.  Maybe this current generation of speculators just have short attention spans.   Roll Eyes
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
July 11, 2024, 08:16:52 PM
#51
The second largest cryptocurrency coin is Ethereum, or Ether.  The thing about Ethereum versus Bitcoin is that they are two totally different things, or totally different coins.  That's one of the things that personally attracted me to Ethereum from the beginning is that it's not supposed to do the same things that bitcoin is.  I think you'd have to look at whatever coin is next on the list that follows the outline that bitcoin does. 

I can't see bitcoin every falling below any other coin, personally.

Ethereum was great until Vitalik and his team ruined it with the switch to PoS. Not to mention, they've been reluctant to increase on-chain transaction capacity. They're forcing everyone to move to centralized L2 networks instead (Arbitrum, Optimism, Base, etc). Despite Bitcoin's high fees and slow confirmation times, no other coin can beat it in terms of decentralization and censorship-resistance. The limited supply of 21m coins is what makes it most attractive.

I don't expect Ethereum ETFs to surpass Bitcoin ETFs in terms of market cap anytime soon. It's like saying Silver will surpass Gold in the future. Not now, nor in another century. Let's all enjoy Bitcoin while it lasts. Smiley
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
July 11, 2024, 08:34:28 AM
#50
What will be the future of bitcoin as investors shift their focus from bitcoin to the second-largest crypto asset by market capitalization.

According to research note published by CryptoSlate.
The exchange, citing various data such as options skewness, portfolio adjustments and whale stocks, noted that the launch of the ETF is likely to boost the long-term price of Ethereum.
And as such investors are selling bitcoin in their possession, to acquire Ethereum and I begin to doubt the future of bitcoin!
I've been tired of hearing negative and a dying prediction from self-proclaimed experts. They know nothing but just purely negative and against crypto. In fact, it was proven already many times when the majority ignored bitcoin at the start and even said it was a joke but look, it is far from what we see in the past years and even breaking its record every ATH.

That is why stop believing these people who claim that bitcoin has no future. No way to attest to that, in fact, it is a growing and profitable investment that we can't just ignore and miss. CryptoSlate just driving your mind into panic and dumping your bitcoin. You will become a loser from believing them.
newbie
Activity: 8
Merit: 0
July 11, 2024, 01:51:20 AM
#49
Bitcoin's future remains strong despite the launch of an Ethereum ETF, which may boost Ethereum's price and appeal. While some investors might shift focus to Ethereum, Bitcoin's established role as a digital gold and its widespread adoption will ensure it continues to be a key player in the crypto market.
legendary
Activity: 1568
Merit: 6660
bitcoincleanup.com / bitmixlist.org
July 10, 2024, 10:47:27 PM
#48
While I do think that the coming ETF will do wonders for the value of Ethereum, that doesn’t necessarily mean that Bitcoin will lose its shine. This could very well be a case of a new emerging asset class attracting investment from traditional investors. As such, diversified options aren’t the worst thing. A rising tide lifts all boats.

Sometimes I wonder if Wall Street-type investors would only be buying an Ethereum ETF because they heard that Ethereum can mint NFTs that everyone buys.

Because it sure as hell isn't because of the other parts of the technology. Most of them have not even heard of "ERC-20" or "gas fee".
jr. member
Activity: 182
Merit: 1
July 10, 2024, 11:07:36 AM
#47
Why you compare with bitcoin? Bitcoin is most successful coin in history. Any coin or token price while dump then don’t be panic in bitcoin. Bitcoin is long term investment coin and bitcoin survive long long time. I think, bitcoin will more shine in future.
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