Topic: So we get that btc will eventually "rise" - page 2. (Read 1972 times)
As people have said time and time again it's it only a matter of time for the great culling of clones and pump and dump coins to die. This is a big deal and is going to take time I would think, but when it does look out. Real coins that bring something to the table will be appreciated and more money will be put into them for development, marketing etc.
In cryptocurrency, the one with the first mover advantage will ALWAYS be the one that subsequent coins will be based on. So no mater what other coins that comes AFTER the first one, will always be based and can NEVER overtake the FIRST one. Cryptocurrencies are time-based by nature
But the first one has to deserve it. And Bitcoin does, given its technical and economic properties.
Dude, the first one is the one that started it all. But the difference is that all cryptocurrencies are time-based, meaning if you get into it earlier, you always have the advantage than getting into it later. In cryptocurrency you're always able to mine more than you can later. That already sets it a value based on chronology. It's fundamentally a time-based system first and foremost, so other features such as technical and economic can't trump its first and fundamental feature
Dude, it's not simply about being first. It has to have the right fundamental technical and economic properties to attract early adopters. If Bitcoin had an inflationary issuance curve like fiat, I guarantee you it wouldn't be nearly as popular.
Except that Bitcoin isn't inflationary and is rightfully fundamentally technically sound. Bitcoin did it right fundamentally the first time. It is truly a remarkable and once in a lifetime kinda thing
Everytime I try to invest in an altcoin it fails, the last one was Burst so stay alert...
In cryptocurrency, the one with the first mover advantage will ALWAYS be the one that subsequent coins will be based on. So no mater what other coins that comes AFTER the first one, will always be based and can NEVER overtake the FIRST one. Cryptocurrencies are time-based by nature
But the first one has to deserve it. And Bitcoin does, given its technical and economic properties.
Dude, the first one is the one that started it all. But the difference is that all cryptocurrencies are time-based, meaning if you get into it earlier, you always have the advantage than getting into it later. In cryptocurrency you're always able to mine more than you can later. That already sets it a value based on chronology. It's fundamentally a time-based system first and foremost, so other features such as technical and economic can't trump its first and fundamental feature
Dude, it's not simply about being first. It has to have the right fundamental technical and economic properties to attract early adopters. If Bitcoin had an inflationary issuance curve like fiat, I guarantee you it wouldn't be nearly as popular.
how about Ethereum?
what about ethereum, pray tell?
how about Ethereum?
In cryptocurrency, the one with the first mover advantage will ALWAYS be the one that subsequent coins will be based on. So no mater what other coins that comes AFTER the first one, will always be based and can NEVER overtake the FIRST one. Cryptocurrencies are time-based by nature
But the first one has to deserve it. And Bitcoin does, given its technical and economic properties.
Dude, the first one is the one that started it all. But the difference is that all cryptocurrencies are time-based, meaning if you get into it earlier, you always have the advantage than getting into it later. In cryptocurrency you're always able to mine more than you can later. That already sets it a value based on chronology. It's fundamentally a time-based system first and foremost, so other features such as technical and economic can't trump its first and fundamental feature
In cryptocurrency, the one with the first mover advantage will ALWAYS be the one that subsequent coins will be based on. So no mater what other coins that comes AFTER the first one, will always be based and can NEVER overtake the FIRST one. Cryptocurrencies are time-based by nature
But the first one has to deserve it. And Bitcoin does, given its technical and economic properties.
In cryptocurrency, the one with the first mover advantage will ALWAYS be the one that subsequent coins will be based on. So no mater what other coins that comes AFTER the first one, will always be based and can NEVER overtake the FIRST one. Cryptocurrencies are time-based by nature
There will only be one.
Wealth and capital always seeks the most liquid, safe, and nicely for Bitcoin, the highest return vehicle.
Because of Bitcoin's potential to appreciate in value, it will always pay to hold it first and then only buy an appcoin or altcoin ay the last minute for a small defined purpose. This will cause the appcoin or altcoin to always trend to zero in the longterm from lack of use or liquidity.
Wealth and capital always seeks the most liquid, safe, and nicely for Bitcoin, the highest return vehicle.
Because of Bitcoin's potential to appreciate in value, it will always pay to hold it first and then only buy an appcoin or altcoin ay the last minute for a small defined purpose. This will cause the appcoin or altcoin to always trend to zero in the longterm from lack of use or liquidity.
"Cryptos" in general will become mainstream, im sure a couple alts will be considered cool to own. All will be shit compared to BTC tho.
But what will happen to altcoins? I dont think it would be possible for altcions to "follow" btc like they used to before, because now there are so many out there it would take great amounts of money for them to follow BTC. So when btc takes off some of you say, what will happen to the rest. Granted it wouldnt take alot to boost the coins with a small market cap but I still think they will be abandoned.
Some will be abandoned, sure, but those ones needed to be... It's like Darwinism of crypto! The weak ones get dropped and the strong remain. Remember that all the altcoins market caps combined is only 10% (iirc) of BTC. They will still follow, though it may or may not take ~10% of the total funds away from Bitcoin. If this means a $3150 top instead of $3500, so be it!
But what will happen to altcoins? I dont think it would be possible for altcions to "follow" btc like they used to before, because now there are so many out there it would take great amounts of money for them to follow BTC. So when btc takes off some of you say, what will happen to the rest. Granted it wouldnt take alot to boost the coins with a small market cap but I still think they will be abandoned.
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