Is the Entire Altcoin Market a Lie?

hello newfag
are the bitcoiners the new shills trying to pump their coin on biz? is it time to sell? kek

People just want their "Free Money". There'll be a rebound after the fork, more if it's messy. And the next time the mempool gets clogged and even high-fee transactions start spending days unconfirmed, ETH will shoot up as the more scalable, flexible alternative. It's happened before and it will happen again.

Only thing ETH is growing is the size of its blockchain at a breakneck pace.

It's been 8 years and you're still arguing over a measly 1MB blocksize increase, how are you going to convince Core to fork in things like smart contracts, more privacy features, ring sigs, all of that.

alts are worthless fucking shitcoins that exist solely for you to trade to increase your BTC stack. If you weren't such a fucking 2017-era newfaggot you'd understand this

Let me guess, you first heard about crypto in 2017 as well? Fucking retard, enjoy your bags

Calling others newfag, biz was created for BTC. Really noggins the woggin.

Devcon 3 is going on right now. Lots of presentations on real, feasible scaling solutions that are being worked on right now. Bitcoin meanwhile is still only seeing 10% use, after years of development and political wrangling, of a simple transaction malleability fix. Bitcoin will be left in the dust.

store of value for what???? fiat? btc is what it is because of alts
>muh store of value
>btc wont survive whitout alts
>alts wont survive without btc

Recovery is about to start. All signs are here. Enjoy.

and you still don't know what a tripcode is grandpa
you won't like the upcoming market cycles when this arbitrage issue is through with.
capital preservation.

Tripcode/id no one gives a shit about technicalities shitcoiner.

To all the newfags, in case you didn't know, posts like these means it's time to buy.

IDs are thread specific dipshit

This. All the BTC maximalist fags say Ethereum pumped because of everyone buying it for ICOs, but on the same token BTC pumped because everyone was buying it to play the alt market.

get the FUCK in here lads if you want to pump your shitcoins

discord.gg/4WzVJUS

this
noone gives a flying fuck if there are better coins, even if it's fucking doge or bitbean

Alts are done, people realized that they are fucking useless pyramid schemes.
>inb4 btc is the same
at least btc is a trusted pyramid
shitcoins are not. It's done guys, I feel like this entire shitcoin market was a well coordinated manipulation to shake out us from our precious btc, like you would shake an apple tree from its fruits

Cuz of Bitcoin.... anyhow I found really useful telegram room. This is not an ordinary pumping room. I have made 15%, 17% of profit with Qtum, XMR. telegram.me/DvaPump

reported you spamming faggot

Monero is the only alt that can threaten btc.
Eth will be arround
Litecoin is shit
Hold every fork

reported you spamming faget

reported

relax. some are, some aren't. the same value propositions exists now that existed two months ago, even for you deluded arkies.

Get in here for some pump n dump, profit guaranteed
discord.gg/j3XKSYH

BTC won't keep pumping for much longer. Everyone knows its unsustainable

What value does it provide?

same value as gold
people like it, that's it
>inbr muh processors n shit
yea right

>these are the people pumping btc to 7000+

The crash will be phenomenal

>there were people pumping gold to xxxxx
the cra... oh wait

>same value as gold
Gold is a precious metal that is tangible. BTC is internet funny money. I understand the uses of digital currency, but why would someone have it if it needs to be converted to FIAT with a transaction fee for use?

and how do you know gold is precious and steel isn't? because some fuck decided so years ago? wll now some fuck in 2009 decided that btc is precious, deal with it, this is the bitcoin rush whether you like it or not

>and how do you know gold is precious and steel isn't?

>btc is precious, deal with it
What is precious about it?
>this is the bitcoin rush whether you like it or not
lel. Emotional investors are the worst investors

You can make stuffs that people buy with gold.

>let's create a worldwide decentralised currency
>oh wait it's fucking useless now
>let's just pretend it was just store of value all along lel

Im gonna end this right now and here
FAGGOTS PAY ATTENTION:

Gold dosent rust
Its not like other metals
Its not ideal for connections but they use because people love to have gold in their electronics (and pay more for it)
IT IS NOT THE BEST CONDUCTOR

BTC works as a store of value due to its fundamentals, in that aspect its just like gold or better

And yes, you can carry gold, but if you plan to use it to pay for atuffs you'll have it on a gold safe on soke bank and use a cars to pay with it, just like bitcoin

The difference is with bitcoin you CAN avoid the middleman, (technically with gold too but its not convenient)

So really the argument is stupid
They both do the same (or at least act similarly) unless you want jewelry

Loads of typos due to shittt phone and lack of will to fix em

Trying to make a serious point here.

In the non-crypto world, a startup looking for funds usually goes through a month-long process of developing a working prototype, creating a business plan, building a team and first and foremost - finding an investor, ideally an angel founder, in order to get the first 50k or 100k of seed money.
If you appear in front of such a person without a really convincing project, prototype, team and business plan, they laugh at you and leave. After this step, the next one is to grow and improve / deploy the product in order to be able to get series A funding, which can already be in the 7 figures section.

Now compare that to an ICO. They have a website, a team of some guys in the internet and a whitepaper. a FUCKING WHITEPAPER. Usually, it's just the same shit you write on your website on a PDF. That's not even comparable to what a proper business plan is.

Then, they release their tokens in the token sale and what happens? They get flooded by millions of USD, because the crypto market is so extremely pumped full of money that everyone is just waiting for ANY idea to throw it on, with the only goal of selling it off asap with a profit. It has nothing to do with long-term investment and sustainability.

And you really ask if this whole shit is a bubble? Take a step back and look at it. Of course it is.

>BTC works as a store of value due to its fundamentals, in that aspect its just like gold or better
How? It is a digital currency by design
>And yes, you can carry gold, but if you plan to use it to pay for atuffs you'll have it on a gold safe on soke bank and use a cars to pay with it, just like bitcoin
What?
>The difference is with bitcoin you CAN avoid the middleman, (technically with gold too but its not convenient)
Do you even know what the fuck you are talking about? Bitcoin cannot handle the number of transactions of a shopping mall. You also have to pay a transaction fee to convert to FIAT. Might as well just use regular money if you are going to have to convert back.

To pay for stuff with gold you deposit it in some bank account and they provide you a card, you ise the card to oay for stuff and they discount the gold from your safe

For the rest DYOR, only explaining that because typos made it hard to understand