I guess it is still important for Bayern to win these games no matter what, that big win definitely helps boost morale. Think about it this way, with these wins, they guarantee that at least they will be second and not third, which is important because if they kept losing then they could have been third place, so being second place is a lot better than being third place.
Plus, they could finish the season with a UCL title as well, not saying that they will win it all, but they are in semi-finals and that should be the most important part. I believe that we are going to end up with a situation that has to be quite fragile as well, that seems like the most important part of the deal, and they need to keep winning to have good morale for those games.
It seems to me that for Bayern there is no difference between second and third place - not being first is quite a shock for them. And if we remember the humiliation in a personal meeting and the fact that Bayer broke their record for the number of games without defeat, then I can assume that all the worst has already been experienced and Bayern have let the situation go. It seems to me that in the Bundesliga they will play “as it happens” (that’s why, for example, victory over Eintracht Frankfurt is not guaranteed in the next round) and concentrate as much as possible on the Champions League. First of all, I don't think Bayern Munich will be able to win in the Champions League title this season. Secondly, I doubt that they will be able to win all the matches that they have left in this season in Bundesliga. I can see in the Champions League, Bayern Munich is going to face Real Madrid next. And I think all of us believe that Real Madrid should be able to win the match. I mean it is going to be played in two legs. Real Madrid should be the one to approach to the finals. And Bayern really does not have anything to win in this season. I believe because they will try to win the Champions League match so badly they are eventually going to lose some Bundesliga matches as well because of the pressure. And I genuinely blame the coach for that. For the downfall of Bayern Munich in this season. |
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Soon Pakistan Women vs West Indies Women's 2nd ODI will start In the first ODI we saw the batting disaster of Pakistan Women's batsmen Pakistan Women's team was bowled out for just 156 runs against West Indies Women's team. Of course in today's match, Pakistan women's team will have to bat responsibly. If they want to win the second ODI match against West Indies. Pakistan women's team will have to perform well in both batting and bowling otherwise they will not be able to win the match against West Indies women's team. West Indies women's team is performing very well in batting and bowling. From the beginning, the Pakistanis were bowled aggressively, due to which the Pakistan Women's team lost the first ODI very badly against the West Indies Women's team. Let's see if the Pakistan women's team wins against the West Indies in the second one-day match?
Now this 2 nd game of this Wodi series was finished between Pakistan-W team Vs West Indies-W team. West Indies-W team already won 1 st game of this series and their effort in 1 st was commendable and same effort showed in today game and won this game and out of 3 2 games was won by West Indies-W team. Pakistan-W team won toss and they took a chance to choose first bat or bowl and West Indies-W team elected bat first. Pakistan-W team performed much better than form past game and set 223 runs target in 50 inning and losing all wickets. S.Taylor showed very brilliant struggle in batting lineup and scored 73 runs off 90 deliveries with hitted nine 4s, this player also got a player of game award due to her outstanding effort. S.Campbelle also played well and this player made 52 runs in 73 balls with four 4s. This was 2 nd win of West Indies-W team and also already win this series and only one game left for play. West Indies women did face some difficult difficulties in the second match. It was not as easy as the first one for West Indies women. They definitely had to fight harder. But in the end, I think I have to say that Pakistani women did not do well enough. And of course, I am talking about the batting side. Because they had been all out with having seven balls left. If they could even just play the remaining seven balls and get at least around 10 more runs, they could have actually won the match. By the way, West Indies women also helped the Pakistan women a lot by giving 30 extra runs as well. Otherwise, Pakistan was going to lose the match pretty easily again. |
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For the fourth time this halving in 2024 I am most surprised to see Bitcoin transaction fees. It's no surprise that Bitcoin transaction fees have risen so steeply.
If you feel surprised and surprised that transaction fees increased so much, then you need to adapt to that because I believe this will not be fixed soon but will increase even more if bitcoin price and demand for it increases. Many people believe that due to the hype surrounding RUNE, fees are increasing suddenly. This is true, but it also reflects that over time as bitcoin becomes more popular and more people use bitcoin this will happen. Therefore, we need to accept and adapt to high fees if the developer has not yet found a solution. |
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Let's compare it to the situations Ukrainians found themselves in.
They needed to flee the country, but there was a chance border guards would steal their money if they found them carrying a lot. The same would happen if they were found carrying a bag of gold.
If they happened to enter the EU, they wouldn't be able to fly anywhere because you cannot carry a lot of cash and valuables like gold, jewelry, including watches, and cash. AFAIK the legal limit is somewhere around 20k EUR. So, in a situation where you have to migrate with a lot of money, bitcoin is the obvious choice.
If I remember correctly, in the European Union you can travel with up to 10k euro without declaring the money; if you have more than 10k euro with you, you can still travel but you are require to declare the money, if you don't and they discover you, the money will probably be confiscated until when your position is clarified. I think in the USA is pretty much the same but instead of 10k euro is $10k. But as I previously said, we're talking about declaring the money, not as a maximum limit you are allowed to bring with you. The thing is, a WW3 scenario would bring out desperation and physical assets would likely be overlooked. Aside from Ukraine, try to look back at the wealthy jews during WW2. Not many of them survived as well. Money didn't get them salvation. In case of a nuke warefare, both fiat, gold, and crypto would be less important where you can't exchange them for more essential things. Everyone loses. But fiat and gold did get through two world wars and though it's going to be a lot worse, these assets will also survive a third one. Crypto, which isn't really a physical aspect may or may not. I don't think we can somehow compare what happened in WWII with what could happen in a hypothetical WWIII because we live in a completely different world now: if today a country launches a nuclear attack then there is a high probability that we are going to have a chain reaction from the allies of the countries involved, and this would turn into a way bigger world war. At that point gold, cash, crypto, everything would be useless, the only thing that will matter is finding a way to survive. Many people also think that gold, bitcoin, money...everything will become useless if war breaks out, but I don't think so. I believe that even when there is war, the economy still works to some extent, I mean money is still used and people with more money will have better privileges and more life opportunities more. If you don't have money, gold, or bitcoin in hand, you won't be able to buy food or drinks, but if you have a lot of money in hand, I believe you can buy those things. As long as there is a need, someone will provide it for us, that's how this world operates whether there is war or not. |
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We live in crazy times. This will be my first BTC halving and I'm so fucking happy that I learned about BTC and how FIAT money is basically a fucking scam in the past year. Thanks to this forum and happy halving y'all!  The halving has completed and how do you feel, can you share your feelings with everyone? Or what you are waiting for is not the halving but the price increase of the entire market? And if later, the bull season will no longer depend on the halving, will you continue to wait for the halving or will you not even care what it is? Most newbies are excited at this point because having heard stories about previous seasons, people are talking about the bull season that will come after the halving. And everyone is waiting for the bull season that will bring x100, x1000 profits, not too many people are waiting for the halving event if there is no accompanying bull season. |
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Agree that the future is unpredictable, but if someone is willing to take risks and accept challenges, daring to step out of their comfort zone, they absolutely deserve to receive great rewards.
Most people afraid of Bitcoin, while I see Bitcoin as an investment with the lowest risk with high rewards.Savings, time deposit and ETFs will never beat inflation, holding them will make you poor. Gold, only protect your wealth. Stock, can hedge against inflation and give you good rewards if you choose the right company, but any business can fail and make you in lost. Bitcoin, hedging against inflation and give you high rewards. “only invest what you can lose”, I think you are very familiar with this, and I think there is no asset that is both safe and can bring high returns, including bitcoin. Just because we are investing in bitcoin and on the bitcoin forum, it does not mean we make unfair judgments. To me everything is proportional, the higher the profit, the higher the risk. If bitcoin really has lower risk than gold or real estate, stocks and brings higher profits. So why shouldn't you or I, everyone, sell all your assets to invest in bitcoin? To put it more interestingly, sell your 1 house and invest in bitcoin, and you will definitely get 10 houses if bitcoin gives you x10 profit, LOL. Bitcoin may be safer than altcoins but still cannot compare to gold or real estate. |
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Nah fam, constantly looking for the silver lining in things doesn’t make you an optimist. It makes you a delusional.
This is what I am seeing, many people become too optimistic and gradually they start to become delusional giving misconceptions about bitcoin. Many people are too delusional to think that bitcoin is like God, it can solve all problems in the world such as eradicating poverty, reducing war, helping the world economy develop...Regarding investment, many people even think that investing in bitcoin is risk-free and bitcoin only increases and never decreases. These illusions will really endanger them if someone sells all their assets to invest in bitcoin. Everything has risks and we need to be realistic, then analyze and come up with a plan that suits us. If we only look at the positives and ignore the negatives, it will only expose us to more risks. I guess it's better to be delusional sometimes, specially in a market as volatile as Bitcoin. Nevertheless, we've seen in the past what it can bring to our lives and maybe this is the same reason why people are having this illusion about Bitcoin. As for the risk, everything in life has risk, the thing with this market though is that it is really unpredictable that there are people who easily give up and there are some who become delusional but at the same time see the future of their investments, like getting big profits in the future. Specially in the current situation that we are about to enter the halving. I understand what you mean but I wouldn't call it delusion, I would call it greed at the right time, when the bull season comes and it is completely understandable that you have high expectations for your investment. That's not delusion, just a little more greed. Personally, I am very greedy as I predict and believe that bitcoin can touch $200k in the upcoming bull season and I am willing to take risks to get bigger rewards. Meanwhile, everyone just expected bitcoin to reach $100k. But I will never be under the illusion that bitcoin can save the world by eradicating poverty or be a panacea for the world economy. |
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Not Manchester City alone is as opportune but also Arsenal and Liverpool because they are all finally out of the Champions league which had kept them occupied all this while. I will always choose Arsenal over Liverpool and Manchester City because they have some of my favorite players in the Premier league.
In Arsenal, coolest guys are Bukayo Saka, Trossard, Martinelli and Jesus Gabriel. I want all of them to be allowed to play on their subsequent matches so they can continue to make us proud of their wonderful performances individually and as a team.
In the Premier League, Arsenal toughness will be tested again this season, where last season Arsenal lost a lot of points in the remainder of the season and can they improve their performance in the remaining matches this season. Indeed, Arsenal is very strong in the Premier League because they are able to compete strongly at the top of the standings until week 32. Tomorrow Arsenal will visit Wolves' home ground and in this match, will Arteta be able to bring Arsenal back to victory? In terms of quality, of course Arsenal is stronger compared to Wolves, but Arsenal lost their best moment in the previous match when they faced Bayern Munich, so this of course will have a big influence on their performance in the Premier League. However, I still believe that Liverpool can become champions this season. I prefer Liverpool playing style to Arsenal and all because I idolize Salah. However, Manchester City is still in control as a team that has the opportunity to win the title again this season. Manchester City has a squad complete with star players and they always appear fierce in the remaining matches at the end of the season. It is really hard to say what will happen in the English Premier League. Because all the top three teams have equal chances. But Manchester City is definitely ahead. However, a lead of only two points is probably not going to matter too much because both Liverpool and Arsenal should be able to overcome that. At this stage of the competition, nothing is certain. It could very well be that these two points actually cause Manchester City to win the English Premier League, who knows? Arsenal looks like might choke again. Don't know about Liverpool. The last match Liverpool lost was against the team which is in the 15th position of the table. Manchester City has a match against Tottenham by the way. And we know whenever Manchester City goes up against Tottenham, Manchester City finds it very hard to win. |
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OK, what the hell is going on? ishowspeed has signed for Manchester United! I really do not understand what is going on. Can someone explain? Is he joining Manchester United like a content creator for them or something? Because I'm sure they are not signing him for his footballing ability. At least not after what he had shown in the charity match. Or was it just a way to celebrate the birthday of Slipz? What are they gonna do with him? Play the trio of speed, Maguire and Onana? If anyone has any details please let me know because I have no idea how this could even happen. Or maybe they were just trying to find a replacement for the fidget spinner that they have named Antony.  https://youtu.be/s-fY8QvIgNY?si=6E4LQLfbjXATGLd5 |
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Juventus' Twitter admin will have prepared a farewell message for Allegri like "THANK YOU FOR EVERYTHING"! Juventus is getting another shit after Cagliari forced them to draw, which is extremely bad. I never understand why Allegri continues to use three midfielders when Juventus is consistently performing poorly and he must change the tactic caused by this is gonna help juventus in regaining its performance. I believe Allegri should have changed his strategy to reduce the number of midfielders to two and then play the remaining players up front. Allegri is constantly doing shit, which is why I believe Juventus should appoint conte as a new coach considering conte is always having good result in juventus. Juventus fought back from early Cagliari penalties to draw 2-2 in Sardinia with Dusan Vlahovic’s free kick and an own goal in another far from convincing performance. https://football-italia.net/serie-a-cagliari-2-2-juventus-unconvincing/Juventus must be embarrassed by this horrible result caused by the old lady played the game like shit against cagliari. It's time to let Allegri leave from the club. Allegri was once again unable to help Juventus defeat a club far below them which is so crazy. Damn! i never expect it to happen this badly. This is a shameful result for Juventus because their squad is superior to Cagliari's. FYI, Juventus would have lost the game if Cagliari's player had not scored an own goal, which helped Juventus earn a point. As Roma and Bologna will soon take Juventus' place. There was actually a big chance that Juventus was going to lose the match against Cagliari. Cagliari missed a lot of chances. Otherwise, it would definitely have been a loss for Juventus. Juventus also was given a gift of an own goal. Otherwise, again it could have been a loss for Juventus. It has been a pretty bad run in recent weeks for Juventus. If people are saying that the coach of Juventus is going to be fired, I definitely see a point. And I actually have been defending the coach of Juventus a lot and still probably want to do that. But if you are not getting good results, it is really hard to defend a coach. there is still a huge chance that Juventus will not finish in the third position that they are in right now. And the way they are performing, there is definitely a chance for them to actually finish outside the top four as well. Even though that chance is very slim, it is there. |
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The excellent batting performance of the West Indies women's team was really impressive and they managed to put up a huge score. Moreover, Pakistan women's team did not perform very well in bowling and batting due to which they lost to West Indies women's team by a huge margin. 269 runs collected by West Indies women's team is really a huge run and Hayley Matthews, a batsman of West Indies women's team, has done an amazing batting. Hayley Matthews has done well enough as a captain of the team and her batting performance has been worth watching, scoring 140 runs off 150 balls which is impressive. He became the captain of the team and batted well enough for his team to win and scored enough runs. But Pakistan women's team did not play very well and their batting performance was poor and batted in desperation due to which they lost. Pakistan women team has to improve their game or else they cannot win and a huge loss of 113 runs is very painful for Pakistan women team.
The match was held at National Stadium Karachi, I did not expect Pakistan women’s team to actually lose by such a huge margin against West Indies women’s team in opening ODI. If this loss was against some other team like India or New Zealand, I think it made more sense. But against West Indies women’s team, they should have performed about better. This was definitely a very big loss. Pakistan women's team will have to improve in all the departments. Batting bowling fielding everything. And I genuinely think that Pakistan women’s team are capable of better performance. I can see Hailey Matthews is unbeaten and managed to earn 140, it is her career-best run, so they are very much motivated. Let's see if Pak can turn things around in the second ODI. They will have to if they want to stay alive because it is a three match series if I am not wrong. |
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Nah fam, constantly looking for the silver lining in things doesn’t make you an optimist. It makes you a delusional.
This is what I am seeing, many people become too optimistic and gradually they start to become delusional giving misconceptions about bitcoin. Many people are too delusional to think that bitcoin is like God, it can solve all problems in the world such as eradicating poverty, reducing war, helping the world economy develop...Regarding investment, many people even think that investing in bitcoin is risk-free and bitcoin only increases and never decreases. These illusions will really endanger them if someone sells all their assets to invest in bitcoin. Everything has risks and we need to be realistic, then analyze and come up with a plan that suits us. If we only look at the positives and ignore the negatives, it will only expose us to more risks. |
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What you should understand is that Bitcoin doesn’t care if there are other altcoins being used for other purpose or even being misused. No matter what, Bitcoin is always the same Bitcoin that Satoshi wrote in the whitepaper. Nothing can stop it from being the peer-to-peer electronic cash, not even if it were to be banned in many countries. You can’t stop being a human being. Right? It’s the same thing here.
That's true because even though many countries ban bitcoin it won't change the essence of peer-to-peer electronic currency. Bitcoin was not created to limit anything and Bitcoin is actually an alternative for all humans if they are able to see its function. Sometimes people see things from a different point of view and make assumptions that do not match the facts. But the problem is that we think too negatively so that the level of rationality of something that has been tested is simply ignored without real consideration. Bitcoin has gained ground all over the world and it not only functions as a currency, there are still some countries that see bitcoin as an investment asset to run with freedom. This shows that there is not a complete ban and although some countries are still opposed. So thinking rationally is an effort to create awareness regarding financial freedom in bitcoin. although quite a lot of countries have implemented Bitcoin as an investment asset. but they will not remove the inherent definition of Bitcoin as a digital currency. no matter whether they legalize the use of Bitcoin as a transaction tool or not. If trading is carried out on a P2P basis by service providers or services with their customers, Bitcoin's function as a digital currency that provides financial freedom to its users is actually running. Up to now, my country's government still calls bitcoin a digital currency, virtual currency, but they still prohibit people from using it as a payment method or currency. They just allow people to invest, treating it as a tradable commodity. Even though they still call it digital currency, we can't use it as its name suggests, so what does that mean? I know that there are still some people who haven't given up on supporting bitcoin as a currency but I think that has failed. Not only because the government doesn't recognize it, but we also only use bitcoin as an investment instead of using it as currency. Not to mention problems like sudden increases in transaction fees and long confirmation times, bitcoin really cannot become a popular currency. |
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snip
This isn't the first time we've experienced mempool congestion, and it won't be the last, so fees may take a while to return to normal. Some might also consider using the Lightning Network for small transactions during these times, but not everyone is familiar with it.
As you said, this is not the first time we have encountered mempool blockage and up to now we still do not have any effective solution for this problem, so it can be said that this is a very serious problem. We cannot wait 2 to 3 months for things to get back to normal and do transactions and it happens again after some time. Waiting is not the solution in this case and it is a vicious cycle with no way out. Think what will happen next if the demand for bitcoin increases after the halving? The transaction fee will be double the current price and do you want to wait any longer? That's why I never expected or advocated for bitcoin to become a popular currency or payment method. |
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When you spend more time in Bitcoin market, you will read more news about this market and Bitcoin. You will read many criticism or just hilarious and jealous comment that Bitcoin investors got profit because they were lucky.
Ignorance is the reason why people think that Bitcoin investors are lucky. Most of them don't know the level of risk many Bitcoin investors take to see their investments grow over the years. These critics don't realize that many people have also lost money investing in the sector. In fact, I believe that there is nothing called luck in business because anyone who invests is taking a certain level of risk. How many of them will be able to wait for four to eight years for them to take profit from an investment, just a few. They assume that Bitcoin is just a money-doubling scheme where you put in money today and get rich tomorrow. Besides ignorance, I think jealousy is a bigger reason why some people think investing and making money from bitcoin is luck. Many people do not want to admit that others are more successful than them, do not want to believe that they are better than themselves, so they will say that we rely on luck when investing in bitcoin. Agree that the future is unpredictable, but if someone is willing to take risks and accept challenges, daring to step out of their comfort zone, they absolutely deserve to receive great rewards. |
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West Ham vs Leverkusen
4.10 1.83
After the great success in the Bundesliga competition, and making sure that they win the Bundesliga title, they will play in the Europa League competition against West Ham tomorrow. This is the second leg of the quarterfinal match. And Leverkusen has a very good lead of two goals going into the second lead. So I think we can expect them to actually win this match. They way they are playing, it is hard to doubt them at this moment.
I also believe that just because they have been able to win the Bundesliga title, they will not be losing interest in other competitions. They have two more competitions to win, the Europa League competition and the DFB Pokal. And I believe both of them are very winnable for Leverkusen. Let's see if they can continue performing well like they have been doing so far. ~2 odds really impressive for Leverkusen.
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In the Philippines, Binance is banned only on the internet but people there they still able to access Binance by changing their DNS or by using a VPN this is how the government wants to control people on the crypto because they see many people become rich without paying TAX or they don't want their people to be rich.
Yes even in Nigeria many this are banned only on the internet like the web links for exchanges and also popular cryptocurrency platforms but still people easily get access to it by simply using the VPN. The P2P is only a problem because it was removed by the exchange itself. If the government bans, users still have other options to access Binance and using a VPN is a solution but if this ban comes from Binance, Nigerians will no longer have the opportunity to use Binance. But as far as I know there are many other platforms still operating in Nigeria like bybit or bitget, people have a lot of options but why do people only focus on Binance? Is this really confusing? This shows that Binance's influence and popularity are huge even though there were many false rumors about it in the past. But what surprises me more is that many people have always opposed the use of centralized exchanges, but now, just because Binance banned Nigerian users, many people are disappointed. |
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Hello everyone, talking about this Bull run that we all have been anticipating along time ago is finally coming to our door steps and I guess we're all excited about it and want to make it all out this time around.
Who's for sighting this like I do that this Bitcoin halving will birth so many into wealth and looking at the market I think Bitcoin has gown down which is favourable to various sectors.
I want to know what we are excited about,and to know if we're slacking over this opportunity.
I presume alot of investors are purchasing more coins too in regards to this.
If you approach bitcoin with such mentality that an event can cause you to be wealth then you might be disappointed, bitcoin from time to time has proved to be unpredictable and can go either way, as an investor you should be prepared for either up or down when investing in an asset like bitcoin, yeah the halving has been mostly anticipated to bring the bear in full, but come to think of it what really would cause the price to soar if not more demand and less supply, so with more money flowing in, more persons would want to hold, but what happens after the halving if nothing great happens or if bitcoin doesn't soar as expected from many, most of you would start to sell. My point is don't invest because if short term gains, its better to invest for long term than short term, and your whole post shows that you are expecting some serious price increase from bitcoin to make huge profits for the short term. Not only him, most people expect and dream of a strong price increase after the halving. I also warned about this speculative situation but almost no one cared, people ignored everything and only thought about the scenario of price increase after halving. I think if they don't have any backup plans and if the bad scenario happens that we won't increase the price after the halving, most of them will be disappointed and sell their bitcoins. I also wouldn't be surprised if this scenario happens because that's what many sharks want, they want many people to be disappointed and dump bitcoin. |
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It is certain that BTC will remain the greatest cryptocurrency in the world for a long time, although there are some currencies that can surpass Bitcoin in some of its characteristics, but there is no currency that can compete with Bitcoin or obtain the trust and status that Bitcoin has.
Bitcoin has all the unique features that make it the greatest currency in the world, but it is not without some flaws that prevent Bitcoin from being used as a unified global currency, but these flaws can be fixed over time when global adoption occurs.
Maybe I'm asking you a little "what currency can outperform bitcoin". Maybe you could explain it in more detail? Not only is it unique, in my opinion Bitcoin is an unusual software technology and it is very extraordinary that this asset was created, as far as I know, this asset was created as a means of exchange for transactions in the digital online world. In my view there is no fiat or any other currency in this world that can compete with bitcoin, The creator of BTC saw something strange about the fiat financial system throughout the world. What makes Bitcoin big in the future is that its supply will remain constant forever. Their is no currency that surpasses bitcoin in any aspect. Bitcoin is the first cryptocurrency and other cryptocurrencies that we have where created with idea just to copy bitcoin. Bitcoin is more reliable, valuable and the most secure digital currency to hacked. Bitcoin control the market and the movement of all coins in the market. I don't see charateristic from any coin that seems to be better than bitcoin. Bitcoin is always the best that is why it will always be ahead of every other coin, bitcoin is the only coin people can invest without any fear of being crashed in the market. Bitcoin is good but it is not perfect, we need to make a realistic assessment, we should not exaggerate about bitcoin and deny its disadvantages. Bitcoin has high transaction fees and is slower than some other altcoins, that is true and that is the disadvantage of bitcoin compared to other altcoins, you do not need to deny this. But in return, bitcoin is the safest, most decentralized, and more trustworthy blockchain than any other altcoin. It is very difficult for any altcoin to replace the king of bitcoin because the purpose of creating bitcoin is completely different from altcoins. Bitcoin was created to solve problems such as improving privacy, decentralization... useful utilities that many people need, while altcoins are money games with a very short life cycle. So, no altcoin can replace bitcoin. |
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This begs the question, what if we had only Bitcoin? Wouldn't the level of adoption outgrow what it currently is at the moment?
Do you think that altcoin is a major distraction to bitcoins adoption?
No, I don't think so, I would rather say that altcoins have helped the adoption level of Bitcoin greatly because if there were no altcoins at all, it would take more time for Bitcoin to spread around and it is altcoins that make Bitcoin look better because people compare altcoins with each other and also with Bitcoin, and when they find out which one is the best, which is Bitcoin, of course, they become more interested in Bitcoin after that. One more significant thing that altcoins have done is that their teams and creators promote their coins and tokens which in return makes people investing in their projects turn back to Bitcoin eventually because once they get in the industry, they start looking here and there and doing their research, and their final destination becomes Bitcoin. So altcoins indirectly have supported the adoption of Bitcoin. Let me add to what you have said. Something has to lose value for another to gain more value. Bitcoin was the first in existence in cryptocurrency, the purpose of altcoin is to show the world the importance of Bitcoin and that no altcoin can have a blockchain that can be compared to that of Bitcoin. Altcoins has shown its weakness and most of them have failed in terms of trust and transparency but Bitcoin has not (More than a decade without any news of scam or failure). If there were no altcoins most investors would not see the importance of investing in Bitcoin instead of investing in Shitcoins. Without any other projects to compete with, we will never know how good bitcoin is, competition is necessary for the crypto industry to grow and get better. But there are some old-fashioned, stubborn people who believe that altcoins are hindering the development of bitcoin, but without altcoins, how do they know how good bitcoin is? Additionally, diversity is essential for any sector to grow because without competition and more options, the market will not be able to attract more users and customers. |
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