Should bitcoin be viewed as just another altcoin/sh*tcoin now?

[sdersdf3]

Should bitcoin be viewed as just another altcoin/sh*tcoin now?

[uvt9]

Should bitcoin be viewed as just another altcoin/sh*tcoin now?

No.

However you can keep believing that thing if it make you happy, it's none of my business.

[sdersdf3]

Another investor who fell for the pump trap.

Not really - haven't been involved (long or short). It's just that its fall devalues all altcoin holdings (even when you think you're up you're really down.. way down) and the flaky banana-republic-like volatility doesn't bode well.

[zing96]

Oh, hell no.  Until something comes along to top btc, it will be THE coin to get people interested in digital money and blockchain technology.  There are coins that obviously have advantages over bitcoin, but none will get the masses to invest (not yet anyway).

[sdersdf3]

Another investor who fell for the pump trap.

Not really - haven't been involved (long or short). It's just that its fall devalues all altcoin holdings (even when you think you're up you're really down.. way down) and the flaky banana-republic-like volatility doesn't bode well.

Not really, its just everyone looks at this one page and gets fooled everytime http://coinmarketcap.com/

You should rather try this one http://coinmarketcap.com/#BTC

Do you pay for most of your food and other essential goods and services in BTC or fiat?

[thelonecrouton]

Do you pay for most of your food and other essential goods and services in BTC or fiat?

Garbage fiat obviously, I'm keeping my DRK, BTC, and shiny metal as long as I can. 

[BitJohn]

I am not sure how you could even begin to think It would classify... There has been more and more adoption by merchants. Almost every television show I watch I have heard a reference. BTC is here to stay.

[sdersdf3]

I am not sure how you could even begin to think It would classify... There has been more and more adoption by merchants. Almost every television show I watch I have heard a reference. BTC is here to stay.

I mean market-wise - it appears to be fading as a market phenom.

[sdersdf3]

Another investor who fell for the pump trap.

Not really - haven't been involved (long or short). It's just that its fall devalues all altcoin holdings (even when you think you're up you're really down.. way down) and the flaky banana-republic-like volatility doesn't bode well.

Not really, its just everyone looks at this one page and gets fooled everytime http://coinmarketcap.com/

You should rather try this one http://coinmarketcap.com/#BTC

Do you pay for most of your food and other essential goods and services in BTC or fiat?

Exactly this is my point !

So you are just here for the fiat after all ?
Of course you can buy goods with BTC, just not everywhere you need to find the shops first.

I'm after purchasing power -- specifically, its growth and/or its stability. BTC doesn't seem to have it lately - at least, not much more than any other altcoin.

[sdersdf3]

Answer's yes.

[TaunSew]

I'ld say yes.  We initially all bought the hype and thought it was bigger than it really was.  In reality Bitcoin is only 250,000 users and it had 7 years to go "viral".  Eventually some coin will come along, go viral and probably will surpass Bitcoin's userbase and capitalization in mere months.

[nagatlakshmi]

Falling of price says YES!!!

[homo homini lupus]

Should bitcoin be viewed as just another altcoin/sh*tcoin now?

100% yes. It's community behaves like that of the average shitcoin (even worse). It's tech is the worst of all coins. (10 minutes confirms, no difficulty retarget and so on)

Try to relaunch in altsection with such a shit logo and a satoshi premine with subsequent ninja-mine and see if people care.

It is a shitcoin by all standards. The only thing that holds it up now is the delusional talk about it everywhere how it would be disruptive to fiat (it isn't) and the fact it is the shitcoin all the other shitcoins are traded against.

Bitcoin is the king shitcoin. Pump and dump worthless crap only living from hype.

It behaves 1:1 EXACTLY like your nextbest shitcoin - the todays shitcoins actually look good compared to it from fundamental technical view, so yes, it's not just another shitcoin it is the worst of them all. Coins with this bad fundamentals are all dead now. It's the last surviving major shitcoin from the early era.

[sdersdf3]

Should bitcoin be viewed as just another altcoin/sh*tcoin now?

100% yes. It's community behaves like that of the average shitcoin (even worse). It's tech is the worst of all coins. (10 minutes confirms, no difficulty retarget and so on)

Try to relaunch in altsection with such a shit logo and a satoshi premine with subsequent ninja-mine and see if people care.

It is a shitcoin by all standards. The only thing that holds it up now is the delusional talk about it everywhere how it would be disruptive to fiat (it isn't) and the fact it is the shitcoin all the other shitcoins are traded against.

Bitcoin is the king shitcoin. Pump and dump worthless crap only living from hype.

It behaves 1:1 EXACTLY like your nextbest shitcoin - the todays shitcoins actually look good compared to it from fundamental technical view, so yes, it's not just another shitcoin it is the worst of them all. Coins with this bad fundamentals are all dead now. It's the last surviving major shitcoin from the early era.

Wouldn't go quite so far, but damn - it's hard to argue that there's much to bitcoin beyond it's larger (and sinking) market cap. And, for all the VC interest, I'm sure that'll be down this year. Money tends to follow money - in and out.