Bitcoin Forum
December 04, 2025, 02:47:11 AM *
News: Latest Bitcoin Core release: 30.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 [7]  All
  Print  
Author Topic: Only Bitcoin is really scarce, Shitcoins aren't  (Read 1128 times)
BitHodlers
Member
**
Offline Offline

Activity: 224
Merit: 67


View Profile
June 30, 2025, 12:42:25 PM
 #121

have you considered that it is possible to make a shitcoin with 15 million units that has burn fees incorporated in their structure, no emissions and if you gather the interest of people you can build a flywheel that would also make the price go up over time indefinitely?
I mean, it's not impossible
Of course it is impossible, unless you were being sarcastic. That shitcoin would just dilute the supply of the existing altcoins. It would not get anywhere.

I had to learn the hard lesson holding sh*tcoins and getting diluted by VCs - now I'm only holding Bitcoin.

Some people might be lucky to catch a good sh*tcoin and dump it on others, but it's a zero-sum game.
Your odds are probably better in a traditional casino or trying to chase the lottery. Everything that was created in the last 5 to 10 years is a shitcoin. Bitcoin is different from every altcoin.
Donneski
Full Member
***
Offline Offline

Activity: 490
Merit: 147


Contact Hhampuz for campaign


View Profile
June 30, 2025, 03:29:06 PM
 #122

When it comes to comparing Bitcoin and Shitcoins we need to have a look at parameters like scarcity. Only Bitcoin is really scarce, Shitcoins can be launched over and over again, even when a single Shitcoin has a max supply. Bitcoin is limited to only 21M coins and no Shitcoin can be scarcer.
So, in terms of scarcity, Bitcoin is king.  Smiley
Bitcoin scarcity if you ask me goes beyond just a cap on supply, it’s about credibility of enforcement. Any token can claim a max supply but only Bitcoin has the decentralization, immutability, and track record that makes its 21M limit very believable. In a world of endless clone coins, credible scarcity is the real rarity and Bitcoin owns that.

o48o
Legendary
*
Offline Offline

Activity: 3430
Merit: 1251


Leading Crypto Sports Betting & Casino Platform


View Profile
June 30, 2025, 04:22:10 PM
 #123

When it comes to comparing Bitcoin and Shitcoins we need to have a look at parameters like scarcity. Only Bitcoin is really scarce, Shitcoins can be launched over and over again, even when a single Shitcoin has a max supply. Bitcoin is limited to only 21M coins and no Shitcoin can be scarcer.
So, in terms of scarcity, Bitcoin is king.  Smiley
Imho that's not really a good argument. Anyone can make an altcoin with 20 million coins, or only 100 coins max supply and 8 digits in it, and by definition that would be more scarce. That's not what makes bitcoin valuable, it's the people believing the system and mining it, developing it and using it.

If coin has a max supply it's about how many percent you own of that max supply, not how many full coins you would have. And value for that share comes from circulating supply multiplied by coin value.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Pages: « 1 2 3 4 5 6 [7]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!