/biz/ - Business & Finance

BTC really needs to end. It needs to be said. That old thing.

>>15884593
Every passing day more and more people realize that Ethereum/LINK/etc are infinitely more useful than a simple digital ledger. When the market decouples from BTC, the pure junk like BSV will go to 0 and alts like LINK/ETH/MKR will go the moon.

Im in space since 2016 and 2019 is first time i stoped checking btc and sats and only go for eth/link, link/usd, eth/usd.

Contemplating to just sell my suicide 8 btc stack for more eth/link but dunno ...market can stay irrational for years to come so prob not for now.

As someone who really used to get hyped over btc i just cant stand it swaped every fundamental value for spiritual ones (#JUSTHODL) and in few years going from decentralised and sticking it to a man to cult like toxic naratives and ideas about "good enough"

>>15884677
Agree with this sentiment. Most of bitcoin's support now seems to come from cringe worthy redditors who push some of the worst memes I've ever seen. It's just a fanboy club at this point. All development has moved away to focus on making DeFi a genuine viable new market. ETH/Link/Dao etc obviously being at the forefront of that.

Like you I still hold some BTC but only because I think it can still go up on nothing but hype. Don't believe in it from an ideological standpoint anymore however. Kind of sad.

I agree

>>15884677
>>15884722
checked and agree with you booth
im allin in the new DeFi which will be obvious lead the next bull market way more than the BTC hype.
50'000 LINK and 100 ETH holder here.

>>15884722
Worst thing is the iq/common sense lelvel of some btc evangelsit arguments just hurts my brains and makes me want to marketdump despite that might be bad idea gains related :(
Eth at least got huge silent body of developers just keeping the head down and building shit instead of spitting venom all over interwebs.

>>15884758
8btc/256eth/20k link here

Yes but consider ther following. Its not bad idea to keep some of btc or dai/usdc (any stablecoin) on side.
Eth is decentralsied,immutable, turing complete ledger -first of its kind and we cant comprehend all usecases that will be around in 10y (overused "just like internet back in day" narative?)
2105 we moon on DAO hype than crash after dao hack
2017 we moon on ICO craze than crash on 432424 scamms cashing out
2020 we moon on DEFI hype and we prob crash after something goes wrong?

This cycle can repeat itself god knows how many times in next decade..

Thing is we are still early and looking on macro perspective this is acually superbullish eth is only shit in space acually poping up with huge usecases on every 1-2y basis, experimenting, building shit, and just proping up number of developers exponentially.

Also that is what saparates it from its competitors (if not scammy next eth 233232 tps ones lol) they are just clinging on eths last failure claiming they fixed it now (usually by sacrificing decentralisation etc) or trying to do conservative scientific approach while eth brakes shit and fixes it on go

Rverything above implies you understand how and why sc are gamechandging and "payment coins" are doa, so if you get that you need to get redpilled on oracles and hold some link ofc

>>15884936
Ironically, the "currency" part of cryptocurrency is the worst aspect of it. It's generally terrible as money.

As you say, 1000s of developers working silently on groundbreaking new technology vs. some meme spouting #HODLers that just want to get rich by doing absolutely nothing. Hopefully it won't take too long for the rest of the market to wake up and realise what went wrong.

>>15884999

Yup.

Thing is timeframe is unknown this market is still btc long/short playground just look all impressive shit comming out of devcon last 3 days and 95% of news are ETF approved/denyed related.

On that note just lol...it was fast road from "controll your funds" and "fight the corruption and totalitarian government" to "pls make custodial solutions so my bags can pamp" and "hold my btc for me and gamble on my btc for me so my bags can pamp" I guess thats what happens when your no1 usecase is: price going up.

>>15885052
Haha saved. Where did it all go so wrong bros?

>>15884561
>>15884593
>>15884649
>>15884677
>>15884722
>>15884747
>>15884758
>>15884861
>>15884936
>>15885052
>>15885127
COPE !!!!!!!!!!! ENJOY YOUR SHITCOINS AND SUCKING BTC MAXIMALISTS COCKS

>>15885368

Tnx for prooving point of this topic retard.
In 99% cases i have more btc than seething retards like this lol

>>15885368
>>15885368

Funny thing is, guys like this probably are stupid and bought btc at 20k thinking Soros would be calling him up to buy for 200k within a week.

Probably tried playing the shit coin game for a bit during an alt season, fomo'd in to shit like trx and eos and lost 80 percent of sat value. After realizing he was too dumb to tell obvious scams from obvious ground breaking projects, he told everyone else shitcoins were a scam and btc was the only coin that mattered.

Just because you are too dumb to read a white paper and research a team doesn't mean we all are.

>>15884561
MUST BE CHAINLINK

>>15885518

Well I acually know whale (semi-whale? I dunno its was over 1k btc anyway) who got me in crypto early 2016.
Nigga fomoed into xrp afrer 3$ hard back in late 2017 in purest fomo overdrive.
Today he learned lession and went full maxi.

And anons here think whales are some 4d chess players kek.