Topic: Do not buy Kaspa (Read 680 times)

I didn't see the news about Kaspa at all before this thread, however, I am happy that there are people with different opinions on the matter, especially with profits at hand. Maybe I will dig into the project myself, however we shall see. Also, the info that the founders do some not-so-good tweets for the project is a bit alarming, but I hope it won't do any harm for the project in the future

By now, there should have been some decentralized apps on the Kaspa network, but I haven't seen any yet. Although the hype around it is high, this is the first post I will be seeing stating a negative thing about Kaspa. You seem right because nothing is being built on the network for now. But how certain are we? There will likely be more developments on the network over time, which might lead to more attention and awareness from developers.

I invested in Kaspa before ASIC miners were announced. Then when KS3 miner were released, I bought it due to its low electricty costs its still very profitable than most of ASIC miners. I was able to recover the investment already. It's just your opinion which i respect, but I believe in Kaspa and it's good future.

I haven't read the whole thread yet, but I definitely agree, that the biggest problem for Kaspa is the fact that not only the founders are still arround, but they drag Kaspa into politics with their personal tweets.

In order for Kaspa to have a chance of becoming Bitcoin 2.0, founders must give up and leave the project to the community with no way of controling it.

Well, I always thought that it's not worth buying, influencers were promoting it too much, but currently I don't see anyone talking about it.

I see a lot of people here answering without knowing anything about the project.
Kaspa is a real project with real people behind it. With new research being implemented, that is why got top 50 in less than 2years. it is still in development.

Judging by the general life of the Kaspa coin, it is coming to an end, you shouldn’t expect miracles from it, it’s better to keep an eye on new and promising ones, where price growth will still gain momentum. There is no point in investing in dying coins. From my own experience, I realized that the cryptocurrency market is very dynamic and the interests of investors change quickly, but btc always has the support of the crypto community.

I think in most altcoins this case is similar, it's just that not many people express it like you said.
so the choice of buying bitcoin is not a bad thing.

It very nice to watch clowns losing that movement because they are "smart" and everyone else is dumb. Keep doing it, be good clowns.

Do not buy kaspa. Do not read its whitepaper. You are smart, smarter than other people. All this forum is very smart (actually full degenerates)

Kaspa price now even low that it was, soon 0. You will lose everything.

Bitcoin is the first and most popular cryptocurrency that uses PoW v1.0 protocol. It has a maximum total supply of 21 million coins, which makes it scarce and valuable. It also has halvings, which reduce the block reward every four years, making it more difficult and expensive to mine. Bitcoin has a block time of 10 minutes, which means that transactions take some time to be confirmed and finalized. Bitcoin is widely accepted and supported by many platforms and services, making it easy to use and exchange. Bitcoin is often seen as a store of value, a digital gold, or a hedge against inflation.

Kaspa is a new and emerging cryptocurrency that uses PoW v2.0 protocol. It also has a maximum total supply of 21 million coins, which makes it scarce and valuable. It also has halvings, which reduce the block reward every four years, making it more difficult and expensive to mine. However, Kaspa has a block time of one second, which means that transactions are very fast and almost instant. Kaspa uses a block DAG (directed acyclic graph) structure, which allows multiple blocks to be created and added at the same time, without causing forks or conflicts. Kaspa is not yet widely accepted or supported by many platforms and services, making it harder to use and exchange. Kaspa is often seen as a medium of exchange, a digital cash, or a real-time method of payment.

In conclusion, I think that Bitcoin and Kaspa are both valuable and innovative cryptocurrencies that use PoW, but they have different features and trade-offs that make them suitable for different purposes and users. Bitcoin is more established and secure, but slower and more expensive.

Clowns must suffer. Do not buy kaspa.

Kaspa is more like Pow v0.1 because they don' t even support full verification.

You cannot verify the whole tx history from genesis like you can with Bitcoin, because the early tx history is not preserved.

You can not use dial up in the time of Wifi.

Kaspa is not just another attempt. It's the first attempt after btc. Because everything else on crypto market. All 30000 coins. They are:
1. Copy of btc protocol with slight changes
2. Pos which is just centralized fake. Only PoW is real.
3. Completely centralized databases like xrp, bsc.

Kaspa is the first fast pow. The first. Not just another coins. All other coins are bubble. They will all perish. Ethereum. Solana. Litecoin. I mean all 30 000 coins price => 0. Zero.
Let's wait 20 years and this will become exactly like i've said. Bubble. Crypto market is a bubble. Everyone loses everything. To 0.

I didn't mention btc? Yeap, btc to zero. Sorry guys.
Old tech dies. Replaced by better tech.
Fake tech (pos etc) dies. They are ponzi bubbles. Nothing new.

Guys just use you brain at least somehow:
Bitcoin is slow old tech. It dies. Period. You can't pay with it. You can't use it.
Kaspa is used in first layer. Instant. It destroys Bitcoin with each year. And there is nothing you can do. Nothing. Nothing. People will pay with qr by Kaspa. Bitcoin dies.

Ethereum value? What is it? Mb it's Thether Tresuary that has vaule? They hold 100b dollars. They use eth, sol, bsc, avax, sei and 10000000 other copypaste smart contracts blockchains. So ... where is the value of eth/sol here?
You know what happens with that bubble. You know it. Be open minded. You know that it all dies. And bitcoin too.

Big collapse of crypto market is inevitable. This happens and you know that it happens. I don't even need to prove it. Deep inside you know that all this collapses.

my opinion there will be no other coin equivalent to bitcoin. The total supply and working method may be the same as Bitcoin, but Bitcoin's popularity will not be able to follow. There are many projects that are predicted to compete with Bitcoin, but none of them are close to Bitcoin.

Do not buy Kaspa. Just don't look at it, don't read about it. Kaspa does not exist.

the thing is that, from the perspective of investment bitcoin is considered as gold, the other coin that come after bitcoin is like other precious metal that come after gold, they can be giving out better feature as you mentioned, doesn't necessarily it will replace bitcoin, bitcoin is becoming the mots dominant coin in the market for a reason that is because it is the pioneer of cryptocurrency, the one that started the whole market.
even if there's other coin thats better well, they will just become another coin why even say its bitcoin 2.0 anyway its not like it needs second version of it.
moreover, if we are talking about features and innovation bitcoin isn't lacking the L2 that could give feature such as smart contract while still using proof of work, i think bitcoin 2.0 is just silly words.
bitcoin is bitcoin and kaspa is kaspa, entirely different market base.

We invest in projects we thinks it's good for us and not follow the trends and invest in projects one knows nothing about. Bitcoin have come to stay and it's no fraud, the heavy dump season, it still survived despite the long bearish candles formed, we lost quite good fortune of our funds stored in portfolio, perhapes lesson learnt and we're moving to get better results. Bitcoin stands to remain the best project that have ever happen to Cryptocurrency, it's weigh out of our range to watch Bitcoin doing the most fluctuateable movement in the market.

There is no Bitcoin 2.0. Bitcoin doesn't have a CEO and PR company. But it's still a good coin with potential.

This forum should not buy any kaspa. I want you all to suck