Are you LEAVING BITCOIN... & Why? Is it Alt Coin opportunities? The BTC politics & SegWit stalls? Something else? E.1

in #bitcoin7 years ago (edited)
Are U leaving Bitcoin... + Why-  626x477.jpg

I've been considering asking people and doing this article for quite some time. The title really says it all.


I'd really love some of your input if you are willing to give it. And frankly I think it is a question needing to be asked and many could benefit from reading/discussing.


- Is the behaviour in the Bitcoin space bothering you?

- Is it the politics inside the Bitcoin space/community?

- Do you simply see Bitcoin market share dropping and Alt Coin Opportunities popping up and if so - what and why?

- Is it the divide and split in the community WRT to the SegWit issue/lack of implementation or something related?

- Do you see Arbitrage opportunities in the market to grab profits from Alt Coins and then pour those back into another Alt or into BTC again or later if the politics/issues get settled?

- Are you porting your gains into gold or silver or something else?

- Are you a Bitcoin Maximalist, and sticking it out and see regular BTC gains and happy with everything?


I am honestly, truly curious, I think a lot of people want to know or discuss this or learn, especially with new people entering the Bitcoin / Crypto space DAILY which is what we all want!


Thanks for reading, have a nice day.




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Diversifying stocks makes sense in the financial world. So why wouldn't that apply for cryptos?

Yep. Agreed.

Keep up your good work truthing and spreading it!!!

I'll continue to HODL my bitcoin funds, however I have been making more and more payments through ETH because of the Bitcoin network congestion and the scaling issues.

I believe strongly my HODLings will some day help me afford my own house, however, with my KeepKey sometimes suggesting $2 fees, ETH will continue to be useful as currency in my eyes.

Post Script

Often times me paying in ETH gets converted to BTC.. Funny, huh.

The question posed is on the mark. The best coin I've seen out there is Dash. I've heard people trash it, but their mindset seems similar to Apple's mindset before Apple "went big" with it's iPod's and iPhones. Not that BTC will fade to nothing--far from it.

I foresee a battle (hopefully a friendly one) between one of the emerging altcoins and BTC, and my bets are on Dash as the "digital David" to BTC's Goliath.

Great input from you!!!

Thanks so much for that.

I left bitcoin for dash. Just sayin'.

Ah yes..... I do recognize your name from DASH'ing around the Crypto-Sphere.

Hope you are good man

Cool! I just followed you. I am new to STEEM and enjoying it as a blog platform :)

I have a couple good posts up on the ETH and LTC highs happening right now.

Have a good week, say hi to DASH Nation for me. I've written a lot on DASH.

Followed back.

BarryDutton Barry Dutton tweeted @ 22 Apr 2017 - 17:39 UTC

Are you LEAVING #BITCOIN for #AltCoins or due to Politics or lack of #SegWit or other issues? Talk to me here. $BTC
bit.ly/2p7lYp0

Disclaimer: I am just a bot trying to be helpful.

Low volume with increasing price suggests shorting BTCUSD? ... I might get on it soon after forex plundering the USD/GBP pair earlier in the week on that UK snap election news!

I am really glad I asked you awhile back to tell me more about your past in Crypto LOL

Wow!

I've got 8 years crypto experience and double that in forex experience. Crypto is a lot more difficult to trade as the market is a lot thinner, so I very rarely trade it. I don't tend to like market caps that are under $700 billion. Bitcoin is only a measly $20 billion!!

This post has been ranked within the top 80 most undervalued posts in the second half of Apr 22. We estimate that this post is undervalued by $1.69 as compared to a scenario in which every voter had an equal say.

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Have you checked this out by the way, just discovered it recently, amazing track record of bitcoin and altcoin trading by a kind of hedge fund, totally legit and very profitable: https://ethtrade.org/agent316773

Leaving Bitcoin? No way. Not anytime soon. It's like asking if you'd sell an exponentially valued gold standard.

Good input, thanks man

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