It's a shitcoin, the moment exchanges will start using alternative pairs it'll get rekt.
Do people really not hold BTC anymore?
Btc is a literal shitcoin and sooner or later it won't dictate the market. Its influence is already declining.
I sold all of mine last week.
This is not the usual China FUD or whales playing games. I've been through those dips and bought all the way down.
This is a different ballgame. For the first time in BTC history, the product is simply shit. It doesn't work. I refuse to pay $30 to send a transaction.. I used to send money to friends across the world and now I might as well use western union and at least I don't have to worry about fluctuations or misspelling an address.
Lightning network will not get adopted the same way segwit is failing to. Plus it's a shit system. I don't want to open channels for everything.
Yes BTC is arguably more decentralised and can act as digital gold.. but personally I think there are other currencies that will dethrone it by being gold AND transactable.
Not to even mention the impending tether Implosion and the environmental nightmare that is POW
So yeah I'm out for now and into ETH and others
At this point everybody knows that bitcoin is the worst crypto and there are plenty of pairs based in eth or bch or usdt ($5 to transfer is less than $26)
I think you are all going to be sorry in a couple of weeks.
I've never known biz to hold majority btc in all of 2017.
I think you need to wake the fuck up instead of following blind fanboyism.
Screencapped.
Shhh let them keep trading their BTC for shitcoins while we accumulate.
Honestly it makes no difference if you care about USD gains. When btc goes up sure alts goes down in SAT value but the USD will likely to survive.
If BTC doesn't go up, now your SAT in alt goes up so you made more in btc value.