Topic: Bitcoin vs Altcoin environment - page 3. (Read 415 times)
One reason I don't look into altcoins is the fact that most of them got forked out of bitcoin, So, the price of bitcoin affects every other coin in the market. But, recently, I have looked at some benefits and rewards people get from liquidity mining pools through alt coins and the profits looks good. I don't know if it's another means of earning as trading is not my thing. But cryptocurrency traders drive joy in buying different alt coins and I can't say for sure that I know why it's so. As for me, I receive any coin that has value in price and then swap back to bitcoin.
In my case I think I can be called Bitcoin maxi, since I don't use alts and I don't do any of the things you have listed. Although I did use some in the past but it's been a while since I only buy, earn and spend Bitcoin.
Then you are a true bitcoin maxi. Thumbs up for that. Provided that you have used some alts in the past means something isn't it.Bitcoin is the most proven fully decentralised and secure cryptocurrency but a lot of the other coins do serve a purpose in their own way.
Yes 100% agreed. If those other altcoins served purpose means they are meant to exist and not to be called a scam one. They have been made to improve others lack of features like scaling and other blockchain usage.And I guess we could consider those who are calling themselves Bitcoin maxis and yet use USDT, make the most of NFT opportunities, and so on as hypocrites.
Yes, ops sorry for the last statement maybe I should change that to bitcoin user instead of maxi. I've seen some who truly advocate btc in their such way. What I hate are those guys calling them bitcoin maxi, yet using usdt or any altcoin yet calling them out scam. Truly a hypocrite.The thing is, people can no longer ignore the potential of some altcoins that are also making rounds in the market. And that's why people are quick in jumping into different altcoins for their potential.
Thats what I'm talking about. Some here who don't uses altcoins have some guts to generalise all altcoin are scam as if they uses it. There are some and that's a fact but generalising it, of course some would disagree including me and I'm sure some other guys here too. 
Btw I'm also uses btc so you can technically called me btc maxi.
AFAIK, someone who's been called bitcoin maximalist doesn't use any other crypto.It's a good discussion to bring up someone's idea about being a bitcoin maximalists and as well as someone who sees some potential in altcoins. It's not a matter to me whether someone's a bitcoin maximalists or not.
The thing is, people can no longer ignore the potential of some altcoins that are also making rounds in the market. And that's why people are quick in jumping into different altcoins for their potential, what I don't like is the meme coins these days. Not hating dogecoin but it's that developers have took advantage of it to mislead people especially the newbies.
But we can't also deny that there are too many scams in most areas like in NFTs, rug pulls are everywhere.
Am I the only who cares to defend that not all altcoins are scam? I'm betting not. Btw I'm also uses btc so you can technically called me btc maxi.
In my case I think I can be called Bitcoin maxi, since I don't use alts and I don't do any of the things you have listed. Although I did use some in the past but it's been a while since I only buy, earn and spend Bitcoin.
You guys may call yourselves BTC maxi but the real BTC maxi will surely not accept you in their fold.
Maximalists are those who take the extreme side of things. Bitcoin maximalists, therefore, are obviously those who only accept Bitcoin. They do not tolerate altcoins. It's Bitcoin or nothing. Theirs are close minds. They don't compromise.
And I guess we could consider those who are calling themselves Bitcoin maxis and yet use USDT, make the most of NFT opportunities, and so on as hypocrites.
I think the altcoins being scams is just something a few bitcoin enthusiasts have (and it's probably not many of them either).
Bitcoin is the most proven fully decentralised and secure cryptocurrency but a lot of the other coins do serve a purpose in their own way.
I've met people that are very interested in other coins too (a few who exclusively like ethereum for example). Most altcoins are kinda experimental though too (so is bitcoin to an extent, but a lot of people have heard about bitcoin so its name carries value) but it does mean that you'd be taking quite a lot of risk trying to hold altcoins imo for a long time if you intend to just come back to your portfolio at a later date.
Bitcoin is the most proven fully decentralised and secure cryptocurrency but a lot of the other coins do serve a purpose in their own way.
I've met people that are very interested in other coins too (a few who exclusively like ethereum for example). Most altcoins are kinda experimental though too (so is bitcoin to an extent, but a lot of people have heard about bitcoin so its name carries value) but it does mean that you'd be taking quite a lot of risk trying to hold altcoins imo for a long time if you intend to just come back to your portfolio at a later date.
In my case I think I can be called Bitcoin maxi, since I don't use alts and I don't do any of the things you have listed. Although I did use some in the past but it's been a while since I only buy, earn and spend Bitcoin.
Anyway, I'm sure some of what we call shitcoins will stay with us and have a use in society, no matter how centralized they are. The fiat money we use is also centralized and some people will even kill for it.
Anyway, I'm sure some of what we call shitcoins will stay with us and have a use in society, no matter how centralized they are. The fiat money we use is also centralized and some people will even kill for it.
This is a good topic for purpose of debate as I've noticed that some users keeps saying altcoins are scam( probably some but don't considered it all cause its not) . So I Invited those whose btc maxi and altcoin maxi here to step up and voice out your opinion here with the purpose of healthy discussion.
I myself get familiar with bitcoin first, but as I advance my experience on blockchain I started to see that altcoins are also have pros and cons. There are scams out there but for me we can't say all those majors or potential coins are scam especially if they are becoming a profitable one for others who know and responsibly using their basic knowledge for use case and profit case.
If you are pro Bitcoin but still you do one of the following below then what is your sentiment on altcoins:
- Used centralized market to cash out your fund converting to usdt/usdc then to fiat.
-Using staking benefits on 3rd party app or centralized platform.
-Using gambling site with altcoin choices aside from bitcoin.
-Joining launchpads, ico, ieo, ido and any form of fund raising money
-Trading your btc to stablecoins or altcoins.
-Registered on cex market like binance, ftx, kucoin, Okex, and Huobi.
-Have axie infinity nfts and some metaverse gaming projects.
If you are fudding altcoins but you do any of the above then what are you hypocrite?
Am I the only who cares to defend that not all altcoins are scam? I'm betting not. Btw I'm also uses btc so you can technically called me btcmaxi. user
I myself get familiar with bitcoin first, but as I advance my experience on blockchain I started to see that altcoins are also have pros and cons. There are scams out there but for me we can't say all those majors or potential coins are scam especially if they are becoming a profitable one for others who know and responsibly using their basic knowledge for use case and profit case.
If you are pro Bitcoin but still you do one of the following below then what is your sentiment on altcoins:
- Used centralized market to cash out your fund converting to usdt/usdc then to fiat.
-Using staking benefits on 3rd party app or centralized platform.
-Using gambling site with altcoin choices aside from bitcoin.
-Joining launchpads, ico, ieo, ido and any form of fund raising money
-Trading your btc to stablecoins or altcoins.
-Registered on cex market like binance, ftx, kucoin, Okex, and Huobi.
-Have axie infinity nfts and some metaverse gaming projects.
If you are fudding altcoins but you do any of the above then what are you hypocrite?
Am I the only who cares to defend that not all altcoins are scam? I'm betting not. Btw I'm also uses btc so you can technically called me btc
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