-altcoiners are clearly near capitulation. (after capitulation usually comes reversal)
Capitulation? Reversal? Tell that to a penny mining stock shareholder whose shares have become worthless.
Topic: Bitcoin Maximalism Has Won - page 3. (Read 509 times)
Capitulation? Reversal? Tell that to a penny mining stock shareholder whose shares have become worthless.
There could have been no other outcome, cryptocurrency space is a giant competition and there can be only one winner. People want to have a currency that is accepted everywhere, instead of having 100 wallets with different coins at the same time. Bitcoin established itself as a secure and reliable coin, but alts have nothing to show - they only have cheap transactions because no one uses them, features like smart contracts are irrelevant to regular users, and there's a lot of downsides to alts like even bigger volatility and poor security - we have seen a lot of hacking, bugs and even 51% attacks.
Luckily switched my bcash to btc 5 days ago. Waaaay to late but still greatly in profits already. Still have bsv though. Where can ı sell that into btc?
I did that just months after getting my forked BCH split from my bitcoins. I held on to a few for some stupid reason and sold them later, after the BCH bubble, but that wasn't a complete loss since I got a few BSV that I also sold right away. The whole narrative by Roger Ver and later CSW did not make sense. Anybody who read a bit about the deals these guys were making and the lifestyles of their "investors" such as that whole Calvin Ayre knew that it was all a well orchestrated cash grab. They weren't trying to improve anything or help the community, they were staging a coup to dethrone bitcoin.
Bitcoin maxis are commonly ostracized as too toxic
All they (we?) were doing was trying to be helpful by steering noobs away from shitcoin scams.
Did you ever notice that the most "toxic" Bitcoin maximalists are often the most experienced?
Many shitcoiners rationalized their shitcoinery by thinking that they had "missed the boat" with Bitcoin and thought they would somehow get the same returns by getting in on the ground floor with some shitcoin scam.
Others thought that Bitcoin was too expensive because they couldn't afford to buy a whole coin all at once.
It's still not to late to buy Bitcoin and see large gains.
Many newbies in my country have been scammed by shitcoiners that they have missed the bitcoin train and now btc price is too expensive and they should invest in early stage coins (shitcoins actually, such as Ilcoins,...) and hoped that these shitcoins will grow like bitcoin after some years...But that never happen. They now feel so sad when seeing BTC is growing while their coins keep going down and down.
Let's not be delusional. I know that Bitcoin maxis are commonly ostracized as too toxic, but they have been right about everything.
Bitcoin's dominance is at its early 2017 levels, and it keeps surging.
Bitcoin Cash and Bitcoin SV are dead. Craig Wright and Jihan Wu are over.
DeFi was a fad that lasted even shorter than the ICO craze.
XRP has always been a scam. Bitcoin maximalists have always been parroting about it, but very few took them seriously until the SEC lawsuit.
The S2F model, which was laughed off as tin-foil-hat nonsense, has been extremely accurate so far.
Institutions don't care about altcoins.
Bitcoin's dominance is at its early 2017 levels, and it keeps surging.
Bitcoin Cash and Bitcoin SV are dead. Craig Wright and Jihan Wu are over.
DeFi was a fad that lasted even shorter than the ICO craze.
XRP has always been a scam. Bitcoin maximalists have always been parroting about it, but very few took them seriously until the SEC lawsuit.
The S2F model, which was laughed off as tin-foil-hat nonsense, has been extremely accurate so far.
Institutions don't care about altcoins.
i reckon these will be unpopular opinions in this thread, but i hold them nonetheless:
-altcoiners are clearly near capitulation. (after capitulation usually comes reversal)
-BCH and BSV will pump later this year with the rest of the altcoins.
-institutions do care about altcoins, just not at the same volumes as their bitcoin bets---which is natural, given that they are riskier and lower liquidity. grayscale's ethereum trust is at $2.2B AUM now. that's nothing to sneeze at IMO.
Bitcoin maxis are commonly ostracized as too toxic
All they (we?) were doing was trying to be helpful by steering noobs away from shitcoin scams.
Did you ever notice that the most "toxic" Bitcoin maximalists are often the most experienced?
Many shitcoiners rationalized their shitcoinery by thinking that they had "missed the boat" with Bitcoin and thought they would somehow get the same returns by getting in on the ground floor with some shitcoin scam.
Others thought that Bitcoin was too expensive because they couldn't afford to buy a whole coin all at once.
It's still not to late to buy Bitcoin and see large gains.
Luckily switched my bcash to btc 5 days ago. Waaaay to late but still greatly in profits already. Still have bsv though. Where can ı sell that into btc?
Let's not be delusional.
In that case, the term "bitcoin maximalist" was created by shitcoiners who kept being criticized about the garbage they created and everyone kept telling them shitcoins can never grow. Since they had no valid arguments against that, they tried bashing those challenging their useless project by using this term.Quote
Bitcoin's dominance is at its early 2017 levels, and it keeps surging.
Bitcoin dominance has never changed and it has always been nearly 99%.Over the years people started thinking that market cap ratio is the same as dominance and as an enormous amount of shitcoins were being created from time to time that ratio kept jumping up and down hence this new false "dominance" kept going up and down and each time the shitcoins die or get dumped hard on a large scale the ratio goes back up again.
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Bitcoin Cash and Bitcoin SV are dead. Craig Wright and Jihan Wu are over.
They were never alive to begin with.Just because bitcoin price is above a certain level now doesn't change that.
Quote
DeFi was a fad that lasted even shorter than the ICO craze.
So did STO before that and same with IEO and we will definitely see new ways of scamming newbies soon.
These words are of a guy that I found rather interesting. What do you think about this?
Let's not be delusional. I know that Bitcoin maxis are commonly ostracized as too toxic, but they have been right about everything.
Bitcoin's dominance is at its early 2017 levels, and it keeps surging.
Bitcoin Cash and Bitcoin SV are dead. Craig Wright and Jihan Wu are over.
DeFi was a fad that lasted even shorter than the ICO craze.
XRP has always been a scam. Bitcoin maximalists have always been parroting about it, but very few took them seriously until the SEC lawsuit.
The S2F model, which was laughed off as tin-foil-hat nonsense, has been extremely accurate so far.
Institutions don't care about altcoins.
Let's not be delusional. I know that Bitcoin maxis are commonly ostracized as too toxic, but they have been right about everything.
Bitcoin's dominance is at its early 2017 levels, and it keeps surging.
Bitcoin Cash and Bitcoin SV are dead. Craig Wright and Jihan Wu are over.
DeFi was a fad that lasted even shorter than the ICO craze.
XRP has always been a scam. Bitcoin maximalists have always been parroting about it, but very few took them seriously until the SEC lawsuit.
The S2F model, which was laughed off as tin-foil-hat nonsense, has been extremely accurate so far.
Institutions don't care about altcoins.
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