05-22 11:14 - 'From today, you can forget about Bitcoin.' (self.Bitcoin) by /u/Yoo_Tu removed from /r/Bitcoin within 67-77min
''' From today, you can forget about Bitcoin. Real bitcoin was finally replaced by a surrogate. Hence the incomprehensible transactions and fluctuations of its course like shit in the ice-hole. Sell before it's too late. Any further increase in its exchange rate against the dollar will be a complete fiction. Save real estate, gold, precious stones, antiquities and art as a legacy to descendants - you will not lose. As soon as a centralized launch of national cryptocurrencies takes place, we can also put an end to our civilization. Then just another cleaning of their feathers our mother earth IMHO ''' From today, you can forget about Bitcoin. Go1dfish undelete link unreddit undelete link Author: Yoo_Tu
Hi BlockchainStartups' member. For the time being, forget about bitcoin. Let me introduce you to the Tokoin project (A new opportunity for lucrative investment). Tokoin is a blockchain-technology-based platform that establishes the ..
Fighting Bitcoin core is not worth the energy, they will never get tired of it, and they fear the day where they are forgotten. They are the bully at school you just need to ignore, and they will be defeated. I say this with a bias as an Ethereum holder but I say it in the interest of having worthy competition: The goal of Bitcoin Cash should not be to beat Bitcoin Core, that is too easy, literally all it took was being open to increasing the Block Size to keep the chain alive while second layer solutions try to exit the beta phase. It took way too long for Bitcoin holders to come to this conclusion. If Bitcoin Cash does not work to become relevant and competitive with the emerging second generation blockchains like Ethereum it will fail just like it's father Bitcoin Core.
Bitcoin will most likely hold its value due to its dominant position in the world of crypto. Since Bitcoin was a first mover, it will be hard for any other crypto to dethrone it. When I look to evaluate a project or coin, I look for coins that I can see the general public using. In order for mass adoption to take place, people need to USE the coin! There are 3 coins that I like, XRP, Omnity, & ETH. XRP & Ethereum already exist, but they are unique and provide users with a utilitarian purpose. Omnity is an ICO that is developing a unique product. Their product is something I could see consumers using on a daily basis. For more information on Omnity check them out here (https://www.omnity.io/about). What do you think about ICO's and the future for ETH & XRP?
Are there any among you who would advocate for investing fully into IOTA and forgetting about Bitcoin?
I have been saving up for a month to get together AUD$1,500 to invest in crypto. I'm looking to HODL for 5 or 10 years, and hoping that at the end of that I'll have some money to make my future more secure. If I see my investments moving in a positive direction, I may be influenced to add more to them, but only money I'm prepared to lose. Ideally I'd like to get to 1Giota and 1 Bitcoin, and then just let them run, and see where they go. I have 37 Miota already, that I've been using to test the wallet and transfers to/from Bitfinex, and with the awesome help from this sub (shouts to u/nitelight7, u/zrz55, and u/alandros) I have a rough idea of how it all works to my satisfaction. I believe in IOTA and the tangle, I truly believe it's the future. Having said that, I'm really hoping for KeepKey/IOTA integration soon, just for convenience sake. Initially my strategy was to split my initial investment half into IOTA and half into Bitcoin, because I don't think Bitcoin's rise is over yet, and because #1 on everyone's list of financial advice is "Diversify your portfolio". But every day as I consume every video and piece of writing I can find about IOTA, I believe more and more that it has the potential to overtake Bitcoin completely, and maybe even replace it. So my question is, taking into account this sub is full of IOTA believers, are there any among you who would advocate for investing fully into IOTA and forgetting about Bitcoin? If I was impulsive, this is the way I'd do it, as I believe the long term returns on IOTA will surpass the same value in Bitcoin, and as I previously mentioned, may destroy the need for Bitcoin altogether. I'd love to hear your thoughts on this, and thank you to everyone involved here and in IOTAmarkets - both my favourite pages on the internet to refresh and read throughout the day.
All of this advice telling people to forget about Bitcoin for 2 months is not good!
It’s actually making things worse. If more people follow suit, the price will go down! Why, you ask? It’s simple. There are still some people right now who are very worried about their investments (those who got in >8k) They sell. The increasing amount of people ignoring Bitcoin and their preferred exchanges: they’re not buying or at least not buying as much as they were a few months ago! I’m not fucking selling anything. And I will continue to buy hundreds of dollars every week even if the price goes down to 2-3k. However, insisting you know how this recent tide is going to turn is irresponsible and foolish. No one knows if there is going to be a continued bull market or a bear market this year. We should discourage unwarranted enthusiasm as well as FUD.
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