Topic: Newbies to crypto cut that negative shit out about Bitcoin. - page 2. (Read 220 times)

Most likely those "price will explode tomorrow" thead starters lost a god chunk of money and now try to convince new people to buy more btc so the price will go up again so they can get rid of their btc without too much butthurt. BUT threads like this have zero impact on the trading market because the market is much to big these days. ^^

I'm new here.  I wasn't happy to read threads yesterday saying Bitcoin will rise massively and then it didn't at all.    Because if people keep saying that and it doesn't happen people are bound to feel a bit let down by it all.    I'm sorry if this is too negative.

Correct. It should stop specially here.
We are a bitcoin community and yet we are the ones who wants to paralyze it.
That is just unacceptable.

I know they have their own opinion but please not here. If investors finds out about threads like that, doubting the bitcoin technology then where do we go afterwards.
This could be a landslide and will also take those cryptos out.

"unstable" is actually an understatement. Bitcoin is the medium in which all other altcoins thrive, for the moment, in most cases their value is primarily expressed in satoshis - not in $. Take the Bitcoin away and you will have and End-Of-The-World scenario for all other currencies. After that, situation would stabilize again somehow, in a way or another.

There are a Handful of alts with REAL dev team behind them the rest are fluff that are about to go straight off a cliff once LN rolls out in full.

There is simply no need for 99% of the erc20 shit tokens

There is no need for 99% of the ltc and dash forks whom have copy and paste devs that cant deal with the slightest issue themselves.

I would say no more than 20 projects on this entire board have good reason to still exist when BTC deals with or works around its issues.

Most of these new ICOS are start ups that have no real connection to crypto other than they couldnt scam seed money out of anyone other than FOMO struck crypto noobs.

Some icos have good ideas and will make good businesses ... most will not.

That is true. The handful of people on Bitcointalk do have a marginal impact on BTC if they have one at all. But apart from the newbies that were fooled by some ponzi like BitConnect there are old traders like me too that think that BTC is beyond it's prime because of the fees. Right now you can do NOTHING with BTC but trading. That is truly REALY BAD for something that wants to be a currency. ^^ If you can't buy anything with BTC then the real value is ZERO! And the second people realize this is when BTC will go down hard. And yes, of course this will bring down all the other crypto currencies too. The thing is that this is not a problem it is the cure because the hype & the high price that followed the hype was nothing but a tulip bubble. The hype also leaded to the high fees (because they are bonded to the price) and the fees made BTC become useless. And as I said before a currency that is useless is without any real value. And anyone that isn't new to trading should remember the MW Medical Hype back in the early years of this century. It was exactly the same back then, every poor newbie and it's grandmother thought they could become rich in no time without any knowledge but this is not how trading works. It's so easy to burn billions  from sheeps that think they are wolves.

That's an interesting theory to say the least. We'll see what happens.

I think Alts on Bitcointalk will have a marginal impact on BTC, I can't see it being a huge driver of influence. There are a lot of newcomers slamming Bitcoin because they parted with fiat to get into some ponzi like BitConnect. I would say Bitconnect had a huge impact on the market.

Altcoins are coming through steadily..

Indeed, if bitcoin were replaced by other altcoins, then I can't imagine what would happen to cryptocurrency markets.
If the BTC loses its value, the entire cryptocurrency market will disappear, since the BTC is a similar currency in cryptocurrency markets.

The thing is, a good number of people only usually look at transaction time and transaction fees for them to decide which coin is better. So obviously, bitcoin would be less desirable to them. That's why we always see RaiBlocks(XRB) shills on r/cryptocurrency. Unfortunately people always look through how overall secure bitcoin is compared to other coins and how stress-tested it has been.

Many of those newbies are alt accounts of people with interest of creating FUD about bitcoin. As far as we know it can be alt accounts from people who have shortned bitcoin The futures contract end today at 5pm, lets see how the market reacts, hopefully good!

I'm seeing more and more new people to crypto parroting the mantra that Bitcoin is old tech and needs to die.


Yes btc is to some extent old tech and yes there are faster, cheaper blockchains. But newbies and even some veterans need to be careful cause if enough people think something then it tends to be a self-fulfilling prophecy.


Problems that come with taking btc away as root of cryto are really not known. I suggest to you nothing good will come from it and crypto needs btc as a solid reserve currency of sorts and most gains people have made in alts are due to btc rise. Take Bitcoin away from top slot and I think crypto becomes unstable. IMO.