Pages:
Author

Topic: No Alternative to Bitcoin, Your Alternative is Bitcoin. (Read 834 times)

newbie
Activity: 16
Merit: 0
Why still hesitating about bitcoin when others were jubilating for it adoption in making difference, i have three facts to make you change your decision and start investing with this period while it is still on the bear mode just for you to set in for an opportunity.

1. The United Kingdom together with it lawmakers have support the use of bitcoin as a mean of financial products recognized as currency for exchange, while recently was the news aired about the new UK prime minister Rishi Sunak while the Canadian also have the support of their candidate  Pierre Poillievre as for their prime minister, both the government and political powers are seeing the light that comes along with bitcoin and have their public opinion and expression made in support for bitcoin adoption.
https://twitter.com/WatcherGuru/status/1584948976897626112?t=IwuH_cEZOnE0LzGcrwUvbA&s=19

2. Bank of America has notably suggest bitcoin as a finite asset with fixed supply and recommends it for a safety investment https://twitter.com/BitcoinMagazine/status/1584913675328147456?t=gzZtHcxRq2qmuwb-OTqAnA&s=19

3. The CashApp financial system have also supported sending and receiving payments through the bitcoin lightening network, more details here:  https://twitter.com/BitcoinMagazine/status/1584876286089928704?t=t4Uo3D9TYZOcVW3HxO6FGg&s=19

There's no boundaries or limitation to the widespread of bitcoin adoption and it acceptance in any financial and economical settings, this makes it more courageous to go for bitcoin even as this present general economy downturn with inflation everywhere, bitcoin has been spotted on several occasions to be the best alternative to this, learn about bitcoin today, invest and hold, bitcoin is a profitable investment and asset.

Investing in Bitcoin among cryptocurrencies is also a must. The market is still in a bear market, and its volatility means that now is the best time to buy BTC and hold it for the long term. Compared with fiat currency, Bitcoin is scarce, so holding more BTC can make our money more valuable. When there is enough patience and long-term holding, the return on investment will be rich and profitable.
copper member
Activity: 2156
Merit: 536
Building my own Dreams!
Bitcoin was designed after the 2008 economic crisis. It is deflationary. The halving of output every four years will further reduce the supply of Bitcoin. The imbalance between supply and demand will further push up the price.


A Bitcoin ban is out of the question, and the “death” of the dollar is inevitable. What Bitcoin offers is an alternative when the market crashes.

Who cares if Bitcoins are banned? I mean if you know the use of Bitcoins, then you will excel in it. It doesn’t matter whether BTC are banned or not. You can easily see the real life example in Nigeria, I mean there was a time when BTC was banned, but still most of the country was using it through P2P trades. Yes we need to just not misuse it. And regarding the advantages of Bitcoins, all know what it offers. So no alternative is there for Bitcoins as said earlier. Buy large amount of Bitcoins in this cheap price and enjoy profits later.
hero member
Activity: 1274
Merit: 585
Leading Crypto Sports Betting & Casino Platform
There's no boundaries or limitation to the widespread of bitcoin adoption and it acceptance in any financial and economical settings, this makes it more courageous to go for bitcoin even as this present general economy downturn with inflation everywhere, bitcoin has been spotted on several occasions to be the best alternative to this, learn about bitcoin today, invest and hold, bitcoin is a profitable investment and asset.
but unfortunately in some countries there are still restrictions on accessing bitcoin in all matters of transactions and investments.

in my country, bitcoin is not allowed for transactions with all factors. but legally used for investment assets.
so that until my country is one of the countries that recognizes that bitcoin is a good asset for the long term
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE

There's no boundaries or limitation to the widespread of bitcoin adoption and it acceptance in any financial and economical settings, this makes it more courageous to go for bitcoin even as this present general economy downturn with inflation everywhere, bitcoin has been spotted on several occasions to be the best alternative to this, learn about bitcoin today, invest and hold, bitcoin is a profitable investment and asset.

Most people will not easily accept new things, and it will always take some time for people to adapt to the emergence of Bitcoin. Perhaps many people have only heard about Bitcoin in the news, and some negative news made them FUD, so they are still hesitant.
Although it cannot be denied that Bitcoin is a good choice and it brings many benefits to investors, it cannot be forced on everyone.

Yes, bitcoin may be good for us but not necessarily good for others, people who are rich enough they won't need bitcoin because they have enough money, money has become not so important to them. Or those who do not like to take risks, bitcoin is not for them, without bitcoin many people still become rich. So bitcoin is just an alternative.
newbie
Activity: 23
Merit: 0

There's no boundaries or limitation to the widespread of bitcoin adoption and it acceptance in any financial and economical settings, this makes it more courageous to go for bitcoin even as this present general economy downturn with inflation everywhere, bitcoin has been spotted on several occasions to be the best alternative to this, learn about bitcoin today, invest and hold, bitcoin is a profitable investment and asset.

Most people will not easily accept new things, and it will always take some time for people to adapt to the emergence of Bitcoin. Perhaps many people have only heard about Bitcoin in the news, and some negative news made them FUD, so they are still hesitant.
Although it cannot be denied that Bitcoin is a good choice and it brings many benefits to investors, it cannot be forced on everyone.
sr. member
Activity: 2786
Merit: 343
when lambo...
Bitcoin was designed after the 2008 economic crisis. It is deflationary. The halving of output every four years will further reduce the supply of Bitcoin. The imbalance between supply and demand will further push up the price.


A Bitcoin ban is out of the question, and the “death” of the dollar is inevitable. What Bitcoin offers is an alternative when the market crashes.

Many people don't even conceive the idea of a world without the USD as the global reserve currency.

But over decades the global reserve currency has been changing, from the Spanish Real to the British Pound, and then to the USD.

Soon the time will come for Bitcoin when it takes over that. We're in the process of this happening right in front of our eyes.
Indeed, the adoption will take many years before they fully understand the purpose of creating Bitcoin. For now, only a few went to the fullest discovery and are considered as currency and accepted as payment while the majority are still considering this as an investment. Though we think for instance that Bitcoin will take over fiat currency and be considered a global currency, however, I don't even think also that this will totally erase fiat the use of fiat money in the market nor it will stop the circulation as for sure some countries won't support crypto, like China.
member
Activity: 812
Merit: 13
Crypto bookmaker and casino
In an investment context, maybe yes. Bitcoin started the birth of all cryptocurrencies and tends to get the first place as the most recommended investment instrument in all regulations in the world. In the context of use, altcoins also have more specific functions which (maybe) are difficult to implement using bitcoin. So altcoins remain a priority option for some use cases.
There are different alternative to Bitcoin which we can buy and hold but there have there own risk that we have to be aware of if not we might be taking a bold risks that makes us ignorant.

 It is true that Bitcoin is a big and good crypto project that will not crash like making of the altcoins that we have heard about making investors to make severe loses but there are still some that can make us earn some good profits which can be very huge if we hold at the appropriate time.
sr. member
Activity: 994
Merit: 441
When another coin competes in the market as an alternative to Bitcoin, then Bitcoin is called an alternative coin of that coin.  But till date I have not seen any coin survive in the market as an alternative coin to Bitcoin.

A few days ago I read a Coin Gecko report where they produced an annual report of dead coins.  There they published a statistic containing 8 thousand cryptocurrencies, declaring 3322 cryptocurrencies as dead coins in 2021.  This year 2022 so far 951 projects have already been declared as in active or dead projects.  So from all these statistics it is evident that since the birth of Bitcoin till date thousands of alot coins have come into the market but no one has been able to take the place of Bitcoin.  You can't in the future.  However, Bitcoin has gone through very bad times at various times but has not been declared a dead project.  Therefore, no other project will ever come in the market as an alternative to Bitcoin.  So I prefer Bitcoin as an alternative to Bitcoin.



https://twitter.com/coingecko/status/1599221955525111808?s=19
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
Bitcoin was designed after the 2008 economic crisis. It is deflationary. The halving of output every four years will further reduce the supply of Bitcoin. The imbalance between supply and demand will further push up the price.


A Bitcoin ban is out of the question, and the “death” of the dollar is inevitable. What Bitcoin offers is an alternative when the market crashes.

Many people don't even conceive the idea of a world without the USD as the global reserve currency.

But over decades the global reserve currency has been changing, from the Spanish Real to the British Pound, and then to the USD.

Soon the time will come for Bitcoin when it takes over that. We're in the process of this happening right in front of our eyes.
But one thing you can't even conceive is that all those world reserve coins were created by one great power. In the past, Spain or England used to be the dominant empires in the world and are gradually replaced by the US to this day, which means that whichever country is the most powerful will dominate the world's currency.

In contrast, bitcoin is a decentralized and community-backed currency and the community is controlled by the government, so bitcoin is very unlikely to become a global currency. Bitcoin can only be an alternative used in tandem with the current currency, and it is a success.
hero member
Activity: 2002
Merit: 633
Your keys, your responsibility
In an investment context, maybe yes. Bitcoin started the birth of all cryptocurrencies and tends to get the first place as the most recommended investment instrument in all regulations in the world. In the context of use, altcoins also have more specific functions which (maybe) are difficult to implement using bitcoin. So altcoins remain a priority option for some use cases.
hero member
Activity: 952
Merit: 938
Bitcoin was designed after the 2008 economic crisis. It is deflationary. The halving of output every four years will further reduce the supply of Bitcoin. The imbalance between supply and demand will further push up the price.


A Bitcoin ban is out of the question, and the “death” of the dollar is inevitable. What Bitcoin offers is an alternative when the market crashes.

Many people don't even conceive the idea of a world without the USD as the global reserve currency.

But over decades the global reserve currency has been changing, from the Spanish Real to the British Pound, and then to the USD.

Soon the time will come for Bitcoin when it takes over that. We're in the process of this happening right in front of our eyes.
newbie
Activity: 16
Merit: 0
Bitcoin was designed after the 2008 economic crisis. It is deflationary. The halving of output every four years will further reduce the supply of Bitcoin. The imbalance between supply and demand will further push up the price.


A Bitcoin ban is out of the question, and the “death” of the dollar is inevitable. What Bitcoin offers is an alternative when the market crashes.
hero member
Activity: 2548
Merit: 533
Thank God that educated people that know how important Bitcoin is to a nation are taking over some position in the parliament to stand for bitcoiners and to approve all the necessary things bitcoiners need to be happy with their transaction in the country. Since El Salvador and other countries has made it legal in their countries, and many good news are coming from those countries that value digital currency in their countries because it has added more value to their economy.
Not yet and it only just happens when all countries will support Bitcoin and realize their mistakes.
El Salvador have a strong stance and support to Bitcoin, they have a positive approach while the other are banning Bitcoin as it was a conflict of their interest. It was to say that people need more education and it takes more time to fulfill but at least we already see that some people know the importance and give value to Bitcoin.

Bitcoin = Bitcoin, Altcoins = Altcoins
They are really different in purpose and also behavior.
But even if we do loves to see a main coin like Bitcoin but existence of altcoins can never be stopped since  there would be developers who would really be tending to create one and this is in result
which we've been flooded out by lots of coins here in the market.Its up to someones choice whether which one they would really be tending to get engage into.
Cant really deny that Bitcoin is the most good choice but there are people who cant just resist on not to take some other opportunities which you could
really make money if you have done it the right way.
hero member
Activity: 2926
Merit: 636
For campaign management look for Little Mouse!
Thank God that educated people that know how important Bitcoin is to a nation are taking over some position in the parliament to stand for bitcoiners and to approve all the necessary things bitcoiners need to be happy with their transaction in the country. Since El Salvador and other countries has made it legal in their countries, and many good news are coming from those countries that value digital currency in their countries because it has added more value to their economy.
Not yet and it only just happens when all countries will support Bitcoin and realize their mistakes.
El Salvador have a strong stance and support to Bitcoin, they have a positive approach while the other are banning Bitcoin as it was a conflict of their interest. It was to say that people need more education and it takes more time to fulfill but at least we already see that some people know the importance and give value to Bitcoin.

Bitcoin = Bitcoin, Altcoins = Altcoins
They are really different in purpose and also behavior.
hero member
Activity: 1190
Merit: 506
Eloncoin.org - Mars, here we come!
No! There are alternatives! And these include alternative cryptocurrencies or tokens! Grin Sometimes alternative cryptocurrencies can show much greater growth. in any case, when bitcoin falls, someone pours their bitcoins into alternative coins or tokens. Therefore, alternative cryptocurrencies are also worth paying attention to!

Oh, is that how it goes? When Bitcoin fails people put their money into altcoins... Show me a single instance in the last 12 years when bitcoin failed.
I know a few situations where altcoins were pumping due to a false narrative like when BCH was created and pumped by Roger Ver whose team was spamming the bitcoin network to increase fees. All such attempts have failed.

Don't be fooled by stupid narratives and don't hope that if bitcoin fails altcoins will pump. If bitcoin ever really fails altcoins will crash like never before, Luna style.

Yes, you are right, if you take Bitcoin, then it is more reliable! In general, what is the reason for this? Because bitcoin originally appeared, and only then other cryptocurrencies began to be made based on its code, and for this reason more attention is paid to Bitcoin. I agree with you here! There are also good projects among alternative cryptocurrencies! Of course, there are also failed projects, and I will not argue with you here, but alternative cryptocurrencies have a much smaller capitalization and it is easier to raise them in price.
legendary
Activity: 2604
Merit: 1102
No! There are alternatives! And these include alternative cryptocurrencies or tokens! Grin Sometimes alternative cryptocurrencies can show much greater growth. in any case, when bitcoin falls, someone pours their bitcoins into alternative coins or tokens. Therefore, alternative cryptocurrencies are also worth paying attention to!

Oh, is that how it goes? When Bitcoin fails people put their money into altcoins... Show me a single instance in the last 12 years when bitcoin failed.
I know a few situations where altcoins were pumping due to a false narrative like when BCH was created and pumped by Roger Ver whose team was spamming the bitcoin network to increase fees. All such attempts have failed.

Don't be fooled by stupid narratives and don't hope that if bitcoin fails altcoins will pump. If bitcoin ever really fails altcoins will crash like never before, Luna style.
full member
Activity: 1176
Merit: 118
★Bitvest.io★ Play Plinko or Invest!
Thank God that educated people that know how important Bitcoin is to a nation are taking over some position in the parliament to stand for bitcoiners and to approve all the necessary things bitcoiners need to be happy with their transaction in the country. Since El Salvador and other countries has made it legal in their countries, and many good news are coming from those countries that value digital currency in their countries because it has added more value to their economy.
legendary
Activity: 1176
Merit: 1005
crunck
No! There are alternatives! And these include alternative cryptocurrencies or tokens! Grin Sometimes alternative cryptocurrencies can show much greater growth. in any case, when bitcoin falls, someone pours their bitcoins into alternative coins or tokens. Therefore, alternative cryptocurrencies are also worth paying attention to!

Likewise, altcoins can also be investments that can yield even greater returns than bitcoin. But choosing which altcoin to invest in is extremely difficult, so many people think that altcoins are scams and do not bring any profit. We should not be too conservative or rigid, we are here for profit so let's invest in any project as long as it can be profitable for us. Bitcoin is good but altcoins are not so bad either.
hero member
Activity: 2618
Merit: 613
Leading Crypto Sports Betting & Casino Platform
Bitcoin is for everyone but if people don't want to use it, let them be. Especially the elderly who are less ready to accept Bitcoin. The younger have more interest in Bitcoin and new technologies, they are current and future Bitcoin adopters.
Nothing is ever for everyone, no matter what, and Bitcoin isn't an exception no matter how we want to push it into mass acceptance. If just 10% of the world population embraces Bitcoin it's still a huge plus. Like you indicated in your second sentence, we don't have to coerce anyone into it. That's why my earlier post negates the idea of Bitcoin being the only option. There are several alternatives in every industry and in life too.
We only have control over our own finances, if some people think that bitcoin is a scam or simply do not like bitcoin for some reason they are free to think whatever they want and refuse to use bitcoin.

They are the ones which will suffer the consequences of not adopting bitcoin when its price is still reasonable, and while some of those people do like bitcoin but they are afraid of the volatility they can always adopt bitcoin in the future once most of its growth potential is realized already and its volatility is lower than what we see now.

I would like to point out that there are some new comers in the bitcoin market, who consider altcoins and bitcoin the same thing. Since both of them are covered under the cryptocurrencies they think that if they can buy any altcoin which is cheap they will still be able to make good money out of it in the long run.

Well this maybe right in some cases but this is also very risky. Bitcoin is one of its own type and there is no alternative to it. This should be understood by all the crypto investors and they should invest 60% of their portfolio in bitcoins.
hero member
Activity: 1190
Merit: 506
Eloncoin.org - Mars, here we come!
No! There are alternatives! And these include alternative cryptocurrencies or tokens! Grin Sometimes alternative cryptocurrencies can show much greater growth. in any case, when bitcoin falls, someone pours their bitcoins into alternative coins or tokens. Therefore, alternative cryptocurrencies are also worth paying attention to!
Pages:
Jump to: