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RE: This Is Where Bitcoin Price Will Stabilize!

in #bitcoin7 years ago

I don't know about you, but I think btc is getting quite old and rusty, especially next to so many flashy coins. I got into crypto, not because i was so impressed with btc, but because I was damn impressed with ethereum. What's the point of holding sentimental value to a currency that can't even compete?

Even if btc survives this year, what about 10-20 years down the line when the newer generations don't share our "sentimental value" of btc?

IDK. I don't see why people would be keep buying btc when other coins are performing better in matters of both financial return and functionality.

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Yeah man Bitcoin, in my opinion, is dead in the water in terms of its ability to compete with other cryptos technology. Only a matter of time before it eventually moves down the pecking order. Whether it will go back up for a while and survive this year, as you say, is anyone's guess but I am certainly not invested in it.

Same exact thought. I am sure others will also catch on soon. Always good to be head of the pack.

Interesting, what do you think will take the crown from BTC? Would it be ETH or maybe something like BTS? Or something new?

That would be the question of the century. I have no idea. What do u think?

Multiple factors at work, someone on Steemit had a good case for BitShares but similar cases can be made for several others. However there is also the 'Lindy effect' which I read from Taleb. Which sort of explains why despite all this BTC still will take a lot to dethrone. This covers what I'm talking about :
https://cryptofundamental.com/in-pursuit-of-lindycoin-212bacafc395

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