You are viewing a single comment's thread from:
RE: Not picking on Bitcoin, I love Ford's Model T too!
@stan,
Personally I don't believe BTC is a decentralized coin anymore! We all know there are a set of dump as*es are handling all things and they say "Oh, buddy BTC is a decentralized coin"! My personal feeling is JP also holding a huge bulk of BTC too!
I still can't understand WTH is happening out there. When BTC drop all Alts start their dropping season :/ It's little bit hurt and I hope this BTC myth should be flush off by BTS, STEEM and few other top listed coins. BTC is not the alpha anymore! But people blindly believe it is the ALPHA! Hope they will open their eyes and see ALTs like BTS, STEEM are under-valued and will change the history in near future!
Cheers~
BTC has strength simply because all exchanges accept BTC and most alts are paired with and priced in BTC. It is difficult to trade or acquire crypto without owning some BTC at least some of the time. This could eventually change but BTC, despite all of its flaws, has first mover advantage and the largest network effect.