I will take a neutral decision on this thread, I agree that people go out of shitcoin that don't promise and even pile up their money there under huge losses, if they leave some shitcoin they can invest in bitcoin or other older altcoins that have more potential rather than shitcoin that is dead, I think it doesn't matter altcoin is dead if the project is dead and there is no visible life but not on altcoin which still has potential, basically altcoin also affects the price of bitcoin, many altcoins that die and become shitcoin are now largely abandoned by people are turning to investing in bitcoin
Topic: On most altcoins disappearing - page 5. (Read 864 times)
In the same vein it is natural to assume that the death of the altcoin world would eventually do only good to Bitcoin in the long run as people won't be losing money anymore. So what d'ya think?
I don't agree with it, bitcoin rise this high because of altcoins
But what makes you think so?
Basically, you are claiming that many people who lost their money in scams (first in shitcoins, then in ICO's) somehow helped Bitcoin rise, right? To me, that looks like a very flimsy argument. Honestly, I'd rather say that it only hurt Bitcoin image as well as its price tag. You see, it is not enough to disagree with someone's opinion. You should actually bring some facts to the table in order to support your point of view. Or you could just say that you have a cartload of altcoins, and we would understand
The market is big, people are looking to diversify their investment and I don't see any reason why altcoins should be eliminated when they offer great idea and they are building it for us to use in the future
To tell the truth, I don't see altcoins as a means of proper diversification as it looks and feels more like stealing people's money
In the same vein it is natural to assume that the death of the altcoin world would eventually do only good to Bitcoin in the long run as people won't be losing money anymore. So what d'ya think?
I don't agree with it, bitcoin rise this high because of altcoins, so if altcoins will die, people may invest in bitcoin but will not be as aggressive as before.
The market is big, people are looking to diversify their investment and I don't see any reason why altcoins should be eliminated when they offer great idea and they are building it for us to use in the future.
As this topic is essentially about Bitcoin, not altcoins (as the tittle wily but deceivingly suggests), I think it is a correct board to start it in
Many of us are wondering what would happen if crypto vanished altogether (and probably having jitters at such a thought). Well, I'm not that cruel, and only propose to discuss the less evil problem, if a problem at all. That is, will Bitcoin as well as a few selected altcoins (say, a couple or so) benefit from the complete disappearance of the total majority of altcoins from the cryptocurrency arena?
As I'm inclined to think, a few remaining coins would benefit dramatically. My train of thought is as follows. We can plausibly claim that Bitcoin would be far better off now if not for the huge pile of shitcoins that turned out outright scams at the end of the day. People wouldn't have lost their money in these schemes, and they wouldn't lose it if they invested it in Bitcoin instead. Simple and straightforward logic, right?
In the same vein it is natural to assume that the death of the altcoin world would eventually do only good to Bitcoin in the long run as people won't be losing money anymore. So what d'ya think?
Many of us are wondering what would happen if crypto vanished altogether (and probably having jitters at such a thought). Well, I'm not that cruel, and only propose to discuss the less evil problem, if a problem at all. That is, will Bitcoin as well as a few selected altcoins (say, a couple or so) benefit from the complete disappearance of the total majority of altcoins from the cryptocurrency arena?
As I'm inclined to think, a few remaining coins would benefit dramatically. My train of thought is as follows. We can plausibly claim that Bitcoin would be far better off now if not for the huge pile of shitcoins that turned out outright scams at the end of the day. People wouldn't have lost their money in these schemes, and they wouldn't lose it if they invested it in Bitcoin instead. Simple and straightforward logic, right?
In the same vein it is natural to assume that the death of the altcoin world would eventually do only good to Bitcoin in the long run as people won't be losing money anymore. So what d'ya think?
Jump to: