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Topic: Unlike alts Bitcoin will not crash - page 3. (Read 2191 times)

legendary
Activity: 3052
Merit: 1273
May 18, 2017, 10:48:02 AM
#6
I also used to think like you OP, but my mindset changed after things started getting better for alts once Bitcoins reached these high values because the fee and bigger transactions have gone messy once we saw that block scaling debate due to higher number of unconfirmed transactions. Bitcoin really has potential for going much higher than this in value, but that should not mean that we ignore alts because there are still many genuine altcoins which are in the markets to be used against bitcoins for less fee purposes and quicker confirmation times.
legendary
Activity: 1372
Merit: 1252
May 18, 2017, 10:14:18 AM
#5
Altcoins are the paradise of gamblers, so it's obvious there's a lot of new money getting in in hopes of finding "the new bitcoin" that will go x1000 on their initial investment. They are complete idiots and are wasting their money since most altcoins will dump and stagnate into oblivion.

Some people will get rich by buying the right amount of some altcoin at the right time, but most will lose their BTC.

BTC is the only coin that has store-of-value characteristics. Everyone is after your BTC, so don't waste them on shitcoins.

Find some good investments. LTC is one of them as long as BTC has no segwit.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
May 18, 2017, 09:21:08 AM
#4
It always surprises me how people have ridiculous thoughts and desires. Some here want for Bitcoin price to crash under 1000$ so they can buy it but and immediately after that they want the price to rise over 2500$ so that they could become rich over night. Bitcoin market is not functioning like this and not listening to someone's desires. Get serious.
legendary
Activity: 1218
Merit: 1006
May 18, 2017, 09:01:19 AM
#3
I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?
Bitcoin can't go below 1k any time soon if we don't get any bad news like any trading platform getting hacked or Hard fork. Almost all other alts with very low trading volume are just pump and dump coins.  Grin
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
May 18, 2017, 06:34:54 AM
#2
I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?
i don't get what you mean by this part!
if it is not going to crash then why are you waiting Smiley
and what do miners have to do with anything! it is the free market deciding the price and miners have always been a part of this growing market.
copper member
Activity: 1330
Merit: 899
🖤😏
May 18, 2017, 05:57:57 AM
#1
After they had their successful pump in a few altcoins one by one their time of dumping is coming and going and idiots will once again buy them in hopes of getting rich.

Now it is Bytecoin turn, go and buy as much as you want and let them dump billions on some poor bastard just like all the ponzi schemes, scammers found a new way which is what we are witnessing in past 2 month in crypto.

Even I was able to mine Bytecoin on a crappy laptop, now imagine some body with 50 GPU-CPU in a basement was able to mine God knows how many.

People wont even look at altcoins infrastructure they just deposit BTC on an exchange and start buying knowing they are participating in a ponzi or just don't know what that is and will enter regardless.

I'm waiting for Bitcoin to crash back to sub 1k but facts are undeniable, more miners are joining the race and I'm speculating another surprise as a price increase who knows maybe to $2400?
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