Bitcoin Gold (BTG) Failed?

joeyarnoldvn (61)in #bitcoin • 7 years ago (edited)

BITCOIN GOLD BALANCE.jpg

Is Bitcoin Cash (BCH) the real Bitcoin? Some seem to be saying this because of what the white papers may say, allegedly. I don't know the answer to that question. However, I believe in capitalism. I believe that cryptocurrency can, has, is, and will continue to compete in global exchange markets, and that is good. Different alt coins come and go. Historically, we know that the first cryptocurrency was Bitcoin Classic (BTC) which was around since the year of 2009, as far as I know. In 2017, BTC gave birth to 2 babies so far, Bitcoin Cash (BCH) in August 2017 and also Bitcoin Gold (BTG). Some people seem to be saying that BTG is not doing so well compared to BTC and Ethereum. BCH seems to be doing better than BTG so far. It seems that BTG was maybe rushed out too quickly. It seems a lot of crypto has this problem. This is what competition is all about. Competition is dangerous. That means higher risks. Some win and some lose. For the past eight years, the original crypto (BTC) has been rising on average and trust is hard to earn and easy to lose.

My Predictions

What is the future of Bitcoin Classic (BTC)?

Growth because BTC is the root & is the biggest so far. Bitcoin might be the Michael Jordan of crypto. It takes a long time to earn trust with world money markets but Bitcoin has been doing that. Other crypto are trying to compete with that but Bitcoin was the first to do it. Bitcoin will always be the father of the crypto children. Bitcoin is number one. Ethereum is number two, so far. Litecoin is in the top ten, probably, so far. There has been over a thousand cryptocurrencies so far, and they will continue to try their best to compete and that is good because competition benefits buyers and sellers, both, more so than alternatives can or has.

What is the future of Bitcoin Gold (BTG)?

Not much. It will remain a baby, forever, probably.

What is the future of Bitcoin Cash (BCH)?

I feel that BCH will not be able to beat BTC or Ethereum.
In ten years from now, maybe, but not before then, probably.
BTC will continue from $5,000 USD/Bitcoin to maybe a million dollars.
BTC will probably be number one for the next ten years or forever.
BCH will probably stay in the top ten, at least.

What is the future of Ethereum?

It will continue to be second only to BTC.

What is the future of other crypto alt coins?

They will continue to come and go.
But BTC will continue to be number one for the next ten years.

What is the future of the Dollar (USD)?

The dollar is falling & is dying.

Cryptocurrency is the future. However, it is better to have hedges as the markets rise and fall. It is better not to keep all your money in one place regardless of how safe it may be. Put some of your money in Bitcoin Classic (BTC). You can try to put some money into other cryptos, too. I would focus more on BTC, first. Beyond that, I try to have enough cash that I can live off for the next month or maybe year. It is key to always have an income, of course. Please don't try to rely too much on day trades. Try not gamble too much. Try not to play poker, card games, the lottery, the casino machines, horse betting, other bets, and so on, too much. Try your best to focus first on more reliable ways of making money via services, goods, products, things that people really need and not what they want. It is better to focus more on long-term needs that are less volatile like some cryptos. You know that some cryptos are more volatile, like Bitcoin Gold seems to be like. You can try to make money selling a dumb product that may be a passing fad that may not last too long. The bottle water market is big. Companies are making billions of dollars or more each year selling water in plastic bottles. The bottle water market rose a lot in the 1990's, I'm guessing. So, the past twenty or more years, that market grew so much. Why? Because people need water. You can try to make money off silly stuff if you want. You can try to take advantage of people if you want. But I don't really want to. I might maybe do some of that sometimes, kind of, or if it serves a greater good, maybe. But as a general rule, I try not to. I try to focus more on more important things that people need and stuff that can help me and people and the world and everything in better ways.

Should We Delete Our Facebook, etc?

Social networks are ghettos where people live: that includes, Facebook, YouTube, Twitter, Tumblr, Linkedin, Google+, and there are newer ones too that seem to be more decentralized like Steemit, Minds, Gab, Vidme, Viewly, Bitchute, Medium. I choose to go online to share my stuff with the world. Go to where the people are. Have your own websites. Do stuff offline. Do stuff in many places. Have backups. Buy Bitcoin Classic (BTC) and other cryptocurrencies. Try different things. Debate more. Live more. Try new things. Don't keep all your eggs in one basket. Keep going. Share stuff with people everywhere. Make videos, photos, memes, GIFs, articles, comments, timelines, websites, art, books, illustrations, movies, likes, things, stuff, and save it, and share it, and back them up, and hide them, and share cool stuff from others. It is better that way. Download stuff from others. Use Ubuntu, Pirate Bay, Bit Torrent stuff. Reupload stuff. Mirror stuff. Promote open source, copy left, and more. You can reject all of my suggestions here. These are the things I believe in. Some of the bigger celebrities on social networks may be more fake than real. But that does not mean that we have to be fake to be popular. You can do both. You can be good and popular at the same time. I'm JoeyArnoldVN. That is my username all over the internet. I was born 1985 in Oregon. Moved to Vietnam in 2012. You can call me Oatmeal. You are what you eat. Keep living. Keep sharing. Good luck. Thank you.

I disagree with the following article:
http://shifter.media/read-why-i-deleted-my-social-media-accounts/