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Topic: The reason why I hate BITCOIN - page 19. (Read 4710 times)

sr. member
Activity: 2842
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October 21, 2017, 07:20:29 AM
#53
Your reasons for hating bitcoin is not genuine, there are countless number of people who are already millionaires thanks to bitcoin, some few years ago when bitcoin was not popular those people took a risk bought bitcoin and hold and price skyrocketed yielded high returns for there investment, if you are also an investor then, you wouldn't have hate bitcoin.
newbie
Activity: 56
Merit: 0
October 21, 2017, 07:01:40 AM
#52
No! I cant hate bitcoin, price is raising and if I continue earn them, one day al of them will get more money. But only thing I hate way to sent bitcoin, sometime I really upset for wait long time to get it
hero member
Activity: 1456
Merit: 579
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October 21, 2017, 06:58:00 AM
#51
I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

bitcoin has given me 3966.66% profit in 2-3 years just by holding it.

altcoin on the other hand go down in 2-3 years but they are getting pumped (1000%-5000%) in a couple of months for example if my memory serves, ripple was pumped about 6700% in 3 months and it is all down-hill from there and will continue getting dumped the rest of the year too.

but that is just my observation, you can promote, invest, dump,... anything you like.

Quote
I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.
you "promoting" or not, doesn't change anything about bitcoin.
the people who are buying bitcoin now and have been doing it for 8 years are not doing it because you or others like you promoted it.

Quote
Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't
then do that.
it is always best to invest what you think is better not what others think is better.
sr. member
Activity: 728
Merit: 275
October 21, 2017, 06:45:04 AM
#50
I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't
Haha thats a proof of unlimited wants a human has. People not satisfied with 15-20% return in bonds and funds found a magical return of 100-200% in bitcoin. This was a sort of magic for them. Now they are not even satisfied with this much return and want 5000% return. Altcoins have their own merits and demerits be cautious before you run for a 5000% return.
jr. member
Activity: 115
Merit: 2
October 21, 2017, 06:42:40 AM
#49
Overall money coming into bitcoin has the trickle down effect. it will improve the image of bitcoin attracting more and more and people will seek opportunity in altcoins after taking a position in bitcoin.

if u would see bitcoin ursurped by another coin it will slow the adoption rate.

Institutional money going into bitcoin though is probably not going to move into altcoins as readily.

it still improves the image of bitcoin and attracts more adopters in the long run
newbie
Activity: 54
Merit: 0
October 21, 2017, 06:39:55 AM
#48
I really do not understand how you can hate crypto-currency.
Did Bitcoin made you something wrong?
You sold too cheap Huh ... that's your decision.
I even cannot imagine any sensible reason, human could hate Bitcoin for.  Huh Shocked

I don't hate Cryptocurrency, I'm not just a fan of Bitcoin instead I prefer Altcoin

Haha, that is better, I believe you exaggerated a bit on the tittle... a bit of clickbait.
I believe Altcoins would not be there if Bitcoin didn't exist.
I also like the idea of investing in Altcoins rather than Bitcoin, because of the higher growth potential, however we need to note it is riskier.
Thanks for the thread, it is an interesting topic.
legendary
Activity: 3234
Merit: 5637
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October 21, 2017, 06:38:35 AM
#47
I think we live in a world where everyone has the right to their own opinion,and if someone does not like BTC and prefers altcoins I can understand that.
There is always some nice and interesting altcoins on market which provide the opportunity for earnings.But the only thing that bothers OP is just that he is not early investor and thinking that by promoting BTC just fill their pockets.

I think things should be looked from another angle also.Some people invest 5,6,7 year ago and they are early investors-but if we invest today in next 5-10 years we will be in some way early investors for them just because we invest at 4000$ or 6000$ and BTC could worth xx time more then today.
sr. member
Activity: 308
Merit: 250
October 21, 2017, 06:35:33 AM
#46
I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't
I am interested in bitcoin, but I have also invested in altcoins.
legendary
Activity: 1512
Merit: 1015
October 21, 2017, 06:34:37 AM
#45
I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't

We are cryptocurrency enthusiasts and love both Bitcoin as well as altcoins. But the reason mentioned by you isn't relevant to me. When you say you could make 50-60x with altcoins (which in my view is highly unrealistic, max possible is 10-15x with hodling for 10-12 months), it is attached with 50-60x risk. No experience or study can make you ascertain best time to buy or sell particular coin. It's all depend on luck. Most of the time, investors lose.
While on other hand, BTC is now mature kid. With investing there, you can sleep peacefully as your amount isn't gonna fade away in night. Bitcoin is still much better investment than shares as it still has capability to give you 150-200% return p.m.

I think this is a really good point, for me trading alts typically I make 10-20x on an investment holding for a year (Bar any selloffs like the one currently happening) but when you buy an alt there is always a chance it could go much much higher. like STRATIS 400x, out of nowhere extremely quickly. It is a luck of the game really but I think taking the risk with alts will always be more profitable than just trading/holding BTC alone. The only problem is alts are a lot more likely to fail than BTC.

The thing is BTC won't 1000x now, it just won't happen. I think there will be many more alts that do over the next few years, but then returns will start slow down completely with heavier government regulations and profit won't be made as easily as the markets won't be as volatile. For now we are still all early(ish) adopters, and whoever buys the next big altcoin will make a lot of money. The only way to make millions from BTC now really is if you have millions, maybe hundreds of thousands IMO.
hero member
Activity: 966
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October 21, 2017, 06:27:49 AM
#44
I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't
Here this is the truth that we can't make big earnings in the bitcoin only investment and trading Because bitcoin is already at high potential price ( since it will continuously increase but will take long time of month by month interval ).
But in the altcoins we need a better understanding to choose the perfect investment for the coin , Because there are thousands of coins available in the market and people  are confused to buy which one , but still people are making bulk earnings .
Here perosnally I like both altcoins and bitcoin Because I didn't find much difference between these two Because making slow earnings in the both for the flcutuations .
If you can see clearly with the comparison of history then you will found that bitcoin has more flcutuations of big pump and dump , so chances are same like altcoins in the bitcoin to make better profit easily .
legendary
Activity: 2478
Merit: 4341
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October 21, 2017, 06:06:09 AM
#43
I really do not understand how you can hate crypto-currency.
Did Bitcoin made you something wrong?
You sold too cheap Huh ... that's your decision.
I even cannot imagine any sensible reason, human could hate Bitcoin for.  Huh Shocked

I don't hate Cryptocurrency, I'm not just a fan of Bitcoin instead I prefer Altcoin
member
Activity: 159
Merit: 10
October 21, 2017, 06:22:02 AM
#43
Maybe you're right, my friend. But what I want to emphasize is that I prefer to hold bitcoin. Because relative to other coins, bitcoin is continuing to rise. But other small coins can easily devalue, and even make you lose most of the principal
hero member
Activity: 3178
Merit: 635
October 21, 2017, 06:19:25 AM
#42
All alt coins have potential but investing money to altcoins are risky. Bitcoin is going up and up. Thats why I love bitcoin.

No, I don't consider all alt coins have the potential some of them are real and most of them are fake. No real support from the developers as they just want to earn from the ICO this applies for the upcoming coins. For the old ones there are promising one and being supported by the community.

I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.
-snip-

I don't hate promoting bitcoin but I hate those people that I told about bitcoin and ignored me at first glance and now they are boasting me their bitcoin profit. I stopped promoting because of these people and I don't want to be embarrassed again.
I think there is no reason to hate bitcoin. i think those people who hate bitcoin they do not know the importance of bitcoin. i am sure once they will know about the importance of bitcoin i am sure they will not lose any more time and will invest most of their money in bitcoin.

Certainly there's no reason to hate it but if you'll read his concern, he hated promoting bitcoin. There's no actual hate for bitcoin because everyone loves bitcoin. And we do have our own choice so if someone hates bitcoin it's either he sold most of his bitcoins while the price was still low and hated to see the price now pumping or they just really don't like bitcoin because it is not his taste and their own choice are into alt coins and they love it.
hero member
Activity: 2184
Merit: 531
October 21, 2017, 06:14:53 AM
#41
I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

15th september 2017 - BTC = 2980 USD
21st October 2017 - BTC= 6151 USD
FYI that's 3000 USD 100% in just over 1 month, but I guess for you it's bad, barely doubled in 1 month, what a shitcoin Cheesy
Unfortunately you won't make money on altcoins if you lack basic investment skills and too high expectations.
newbie
Activity: 19
Merit: 0
October 21, 2017, 06:10:58 AM
#40
I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't
You just selfish man~ since you do think that kind of thing. Bitcoin might not give you 1000-5000% ROI but this is the coin which you can really rely on when it comes on support. We are already late compared into those earlier adopters but yet we can make money on small % basis.Id accept this is the era of some altcoin which would potentially give you 1000% but at the same time would give you 1000% more faster to lose money.
Perfect reply brother,seriously there are tons of shit altcoins in market ,and as per i obesrved most of them if not all are just a pum and dump market.They make you invest when the coin is at its top and then it comes down and you loose money then they again market it and and agin it pumped you buy and loose the circle will go on an on.
legendary
Activity: 2856
Merit: 1024
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October 21, 2017, 12:46:18 AM
#39
i can't hate bitcoin because it's making me rich lol, altcoin are to be hated they are real gamble and can make you lose tons of money, but they are also a drug you can't stop investing in new shitcoin
sr. member
Activity: 1694
Merit: 268
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October 21, 2017, 12:42:20 AM
#38
I can't hate bitcoin because it has changed my life in a snap.Bitcoin is giving so many opportunity of earning money.All altcoin comes after bitcoin success.I love bitcoin for it's hige price.I can invest on bitcoin without any doubt.The only thing I dislike about bitcoin is I can't use it everywhere and my country banned bitcoin for money laundry.Everytime I need to convert bitcoin to fiat first then use it.I hope bitcoin will spread more on future and I can use it anywhere anytime.
legendary
Activity: 1148
Merit: 1048
October 21, 2017, 12:41:57 AM
#37
I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't

have to agree with you here. I dont hate bitcoin LOL, but I;m not so enthusiastically blinded by it that I can't see the potential of other alts. Take ETH for example. ETH used to cost less than a dollar folks, and we are here. And obviously there will be more upward movement; not only are we under an ath in ETH, but if you believe bitcoin will go up you have to believe that ETH will as well. And thats just one example (im not an eth fanboi. I was not fond of ETH when it first emerged.). Look at LTC, look at Ripple.

There is a reason why some coins are always in the top ten Wink
full member
Activity: 280
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October 21, 2017, 12:36:54 AM
#36
I really do not understand how you can hate crypto-currency.
Did Bitcoin made you something wrong?
You sold too cheap Huh ... that's your decision.
I even cannot imagine any sensible reason, human could hate Bitcoin for.  Huh Shocked
sr. member
Activity: 530
Merit: 250
October 21, 2017, 12:33:30 AM
#35
I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't

I do not hate bitcoin, if you talk like that, it's your right, before that thing you should know or maybe forget, "without bitcoin all other coins will not exist", in other coins may indeed generate more profit because the price is still cheap and not stable, in contrast to bitcoin the price is very high
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