As we know, the king Bitcoin, mother of all crypto, is on a very stead bull rise. This time is not like 2013, the uptrend is slower, more controlled, and sustained over time. Ever massive selloffs like the few ones we have seen due the shady chinese government PBoC press releases, cannot stop bitcoin from going up. It always recovers stronger than before. All you have to do is keep buying all those dips.
The question arises: What's the point of holding alts? Not a single altcoin seems worth holding when BTC performs this good. Not a single altcoin is revolutionary enough to be a serious #1 contender. So what's the point in any case? might as well go all in on BTC.
1. BTC transaction capacity is already maxed out.
2. BTC is Wasting enormous amount of electricity and real estate storing ASICS.
3. BTC Proof of Work is a Technical Dead End
4. BTC is already priced out of the micropayments industry , with the now ever increasing fees, it will price itself out of many Foreign markets.
5. BTC is Centralized and Manipulated by China
(Never know when they will have to sell to prop up the Yuan.) 6. BTC Miners are the only ones that can receive Transaction fees for processing blocks
I Hold
ZEIT for the following reasons
1.
ZEIT has
20X the Transactions Capacity as BTC
2.
ZEIT is Energy Efficient.
3.
ZEIT has enough coins to be affordable across the world.
4.
ZEIT will own the micropayments industry.
5.
ZEIT is economical to be maintained for a very small sum of fiat, unlike the millions required to keep BTC running.
6.
ZEIT is changing to an Ultra Low Inflation coin , meaning the Price will rise
7.
ZEIT is PoST (Proof of Stake Transactions) , Anyone that runs a wallets will be able to process a transaction fee when they stake.
8. And the Final Reason to Hold
ZEIT's Upside Profit Potential is in the
X1000000 range, with BTC even if it hits $10,000 per BTC, you limited to X10.
Aspects of some alt's may be better.. it's debatable of course but reasonable.
You all need to envision the effects of BTC popularity applied to another coin.
You all seem utterly blinded by it's price and popularity etc.
And no BTC's greater adoption level does not prove it's "better".
That just proves it was chosen over others.. and the fact it was the first pretty much means it had a hefty advantage getting to be no. 1.
I am surprised all the guys here have not hammered this topic with the technical reasons why BTC is 2nd rate.
The noobs are piling in saying it's better because ..they like it
The people you need to listen to are the experts on the technical side of things.
I am not saying that is me either
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