Topic: Nothing compares to BITCOIN, know this and know peace (Read 481 times)

That's right, bitcoin is reliable, altcoins are just toys in the hands of investors and speculators. There is no need to look for decentralization in altcoins. If a project has a group of developers, has main investors and partners, has funding rounds for funds, it is definitely not decentralized. Such projects will always be centered around a certain group of holders who have contributed their money to the development of a new product.

Well said. Bitcoin is the only asset that will stand the test of time. Nothing else can even compare.

Well money is money anyway. Can't blame those devs wanting to make money anyway.

Everyone could just slap a technical stuff to people and expect them to bite their baits to it. The nEw BiTcoin blah blah blah. There is only one Bitcoin and we know that more than what we think.
Kinda cringe when projects claim that they would replace x coin regardless if it is an altcoin or not.

Oh, it's moving but it's a really slow train so we perceive it as if it's not moving, there's about 100+ years left for people to get into bitcoin if we're talking scale of time. Regarding the strategy of other altcoins to compare bitcoin to their product, I think that it's a fair thing for them to do, I mean if you're that person, you would probably do that too and there's some altcoin out there that really did pumped like Ethereum.

They cannot figure out how to make it decentralized and still earn alot of money. Satoshi made it decentralized and still had the highest share of bitcoin.

It is full of thorns, such that it is considered gambling to many people. And it is not everyone that is willing to gamble, that is why many stick to bitcoin

No institution, government or policy made under a centralized authority can work in our favour with how bitcoin has always been a solution provider in giving us reason to laugh concerning the challenges with our financial economy, i remember when they introduced CBDC newly with the hope that it will renders the use of bitcoin less effective and people will begin to rush in using it since they both appears a digital currency, but one is fiat and the other cryptocurrency, the exact solution is with bitcoin, people know what they have seen in this decentralized digital network and that's why they have no choice than to embrace it when bitcoin was introduced.

The crypto market is more about how you sell your project then what the project can actually do. Only a few investors do their research and the rest rely on hypes and the marketing of the project to invest because they invest based on what they're been told from advertisment or paid influencers. People want you to sell them how rich they can become from investing in your project and that's why they go after flashy projects that usually has nothing to offer but just hype and empty promises that'll never be fulfilled until the project finally dies. Altcoins can't be compared to Bitcoin because altcoins are inferior in all categories. Altcoins aren't totally decentralized and they need buzz words to sell or they won't see interest in their projects.


They could also not worry about others but ignore them totally and focus on investing in Bitcoin. Bitcoin is proven already and this means you won't lose your investment if you choose to invest in Bitcoin and forget about other altcoins. Investing in only Bitcoin can also give you a big profit and most times it give you more profits than altcoins because altcoins die without giving you any profit. There's no altcoins that can be created that'll be more decentralized like Bitcoin or gain the amount of trust that Bitcoin has gotten in the industry. There's none that'll have the longevity as bitcoin so it's better we stay with Bitcoin than altcoins.

That's business. Most projects other than Bitcoin will prioritize profits first apart from the development of the project. This is basically very different. We know how the creator of Bitcoin doesn't even want to show himself, because not just for profit, not for fame or anything else, but indeed as the initiator of the existence of a cryptocurrency that will be accepted as much as possible by the world. And Bitcoin took years to truly become more accepted in all circles, going through various problems and obstacles that made it even more valuable, and made Bitcoin even stronger as a truly valuable cryptocurrency.

Meanwhile, other cryptocurrencies? They are created by companies or several people who of course also have an interest in making a profit from the projects they create. Even now, there are many projects that only focus on how to create hype and attract a lot of attention from potential investors. various sweet promises were given and incessant promotion to make the project even more hype, as well as creating FOMO. And after that, they didn't seem to care whether the project would continue to survive and develop or not. Maybe not all projects other than Bitcoin are like this, but many are like this. Except for a number of altcoins which have been solid and developed for a long time and are increasingly having a significant increase in value.

I agree. The journey of investing with the intention of making some money with alt coins is in my opinion, risky if you haven’t much idea on what you’re doing. People venturing newly into the crypto space have little knowledge about bitcoin and even have a lesser understanding about the numerous alt coins out there.
 
Bitcoin has and is continuing to prove itself, aggressively withstanding the test of time despite major pushback from governments and financial institutions. A lot of alt coins have been put out there combined with the creation of CBDCs, all in a bid to rival the dominance of bitcoin in the crypto space but bitcoin has surpassed them all. Your money is better off in bitcoin than any in alt coin I know.

Bitcoin will always be the king of the crypto. There are many reasons why any other altcoin won't be replaced with Bitcoin, and the main reason is that it is truly decentralised and community-driven. Thousands of projects have been promising to be truly decentralised. But the reality, as you said, is just to draw attention. We like to gamble with them, and that's how they have been raising funds. It's all about earning money instead of caring about decentralization.

There's a level you would have gotten to in cryptocurrency and be able to know the difference between left and right, this means you would have developed some level of experience that descern evil from good, fake from genuine projects, crypto from shitcoins, this also has to do with the exchange used, how reliable they are and how you understand many other things you do in cryptocurrency in terms of security and safety, then i don't think anyone can come bragging about fake news or projects to us without us having the feelings if they are genuine or not.

There is no doubt about this forum, Bitcointalk is the orientation of all crypto users and is the main source of forums that discuss crypto thoroughly. There are many useful threads on this forum and various discussions that provide the best explanations for all questions regarding crypto. Influencers, whales etc. are all on this forum and they are starting to make this forum their main source. and Bitcoin is one of the main topics that is often discussed, we have a ton of information about Bitcoin here.

That's right, judging from the price of BTC, the decline today is not very significant if you look at the market reaction, how busy traders are who are focusing on altcoin short patterns with the current decline until they are confused about which one to buy...he, he. Yes. Currently, many people are losing and even if someone is making a profit, it means he is always monitoring the price and continuing to place bids below the current price.

You can easily become one of such people but you will need to invest a lot to make good return of investment from Bitcoin, Altcoins are not completely bad and you can also use them to speed your Bitcoin bag a lot compared to buying Bitcoin direct.

Altcoins can never be as good as Bitcoin but you can join the race as there are too many people who believe in alts and still invest in them, since Bitcoin value is way higher than altcoins, this makes getting insane ROI very hard, but it's not with altcoins.

You can make money from altcoins and take profit to buy back more Bitcoin, this is one of the few ways I've used to increase my Bitcoin portfolio, not a financial advise as Altcoins comes with lots of risks, the choice is yours.

Most of those blogs are not rich compared to the knowledge here and some are information that is already passed here a long time ago before it is shared on other media. Most of the social media marketers and contributors or influencers visit this forum one way or the other, that is if they don't have account here to say the least. So this is a very rich source for cryptocurrency information and almost as old as the creation of bitcoin.

That is true. So many newbies have fall prey to these scams and lost millions collectively.
This is why forums like bitcointalk are a must for every newbie to enrich their knowledge in crypto.
I think every newbie should visit this forum and read posts in here at least for a few months to get basic knowledge of cryptocurrencies.
Although there are blogs, videos and tutorials for various crypto products but nothing provides as much knowledge as this forum.

Investing in altcoin is putting your money at risk anything can happen because you are not part of the dev. Crypto project teams knew what Bitcoin intended to solve and for them to sell out their token they needed to make a lot of empty promises even to the extent of telling their communities they performed more than Bitcoin itself. If they want to carry out their presale they attach a 30% bounce to their presale and tell their communities they will list higher than the presale price, and also say they have kept some marketing strategy that will pump their token when listed in an exchange, all lies. If you see such a thing in any crypto projects just know that it's a red flag and keep your funds away from such projects. Anything that has value will never beg for attention people we surely go for that thing. Bitcoin investment is the only way to keep your money safe.

Only an ignorant and foolish person would even think of trusting his fund in altcoin that are there in the market although I can speak if all altcoin are shit coins but I know for certain that bitcoin supercede all of them and bitcoin has already proven it's worth, value and reliable over this many years so why won't I put my trust in something I already know will be worthy than something that's is under probability. Well there is this saying which covers all what am trying to express and it's "" the devil you know is better than the angel you don't know ""

They truly were, those written promises are what's the catchy part of these projects that goes into this market and offers their capability of whatever product they're introducing.

But most likely, they don't really have the product but what they're offering are the tokens that are just reinvented for some of its features that they don't see in other projects.

Even if we tell them for so many times that they should start investing in BTC, they won't obey that because they think they know better already not until they experience the worst of having to dump those wrong tokens they invest.

there is no Altcoin that is comparable to BITCOIN, until whenever Altcoin has never been able to compete with Bitcoin. some privacy coins claim to be the best decentralized, in fact they never got public recognition as the best decentralized. Bitcoin fundamentals have really been established, the security and convenience of investing in Bitcoin has encouraged many people to compete to get different amounts of Bitcoin depending on the capital they have.
I would rather trust my money stored in Bitcoin than Altcoins and Banks in fiat, My belief in Bitcoin is not without reason, there have been many investors who have succeeded in enjoying profits while holding Bitcoin and I want to be one of them.