I am interested in the discussion, that's why I'm posting here.
And my opinion is that altcoins are, AT THE MOMENT, worthless crap.
I also explained WHY I think so, and there's quite some logic behind it.
Please let apart Hitler, nothing to do with LOGIC ARGUMENT.
And these are your "arguments":
Do you realize that if anybody tells about altcoins to people not involved in cryptocurrency he anyway will need to tell about Bitcoin, first?
Any altcoin's promotion promotes Bitcoin, but not any Bitcoin promotion promotes altcoins.
Then: common people always worry they are late for Bitcoin train. Many of them would prefer promising altcoins.
Promising altcoins.
You understand?
There's no promising altcoins, because the biggest problem with cryptocurrencies AT THE MOMENT is to blow them into mainstream, and the best way to do it is to make ONE of them so well reputed that people will ADOPT it.
That is Bitcoin.
When this will happen, MAYBE some altcoins will take off as well.
MAYBE!
Because once Bitcoin will be usable everywhere, why in hell should anybody implement other cryptocurrencies into their shops???
Not because I LOOOOOVEEEEE Bitcoin or because people are stupid or because Bitcoin is technologically the best.
It's just because the world moved that way, and now Bitcoin is implemented on a certain number of shops and services, while altcoins are NOT.
If you still think altcoins are promising, while you can't spend any of them anywhere, and there IS one cryptocurrency that CAN be spent to buy goods already, and thus is getting consistent reputation, you are only victim of COGNITIVE DISSONANCE.
You refuse the reality that ONE cryptocurrency is working, while the others are redundant (at the moment).
Altcoins are being implemented and some crypto fans prefer altcoins to bitcoin.
Can you see WHO loves something?
It's you, not me.
You talk about "crypto fans" that prefer altcoins.
I don't "love" Bitcoin because it's better than the other cryptocurrencies, I love it because it's THERE and it's the best chance to FUCK BANKS that we have at hand.
AND, its position in the market is better, AND its diffusion is better, AND its reputation is better. BY FAAAAAAARR!
So I'm not going to WASTE money on something I don't think will have a future.
That's all.
There are reasons and arguments, but BTC people ignore them, and that is their decision and view, for sure,
I just don't understand why they think they are right, providing one "shit argument" only.
Shit argument?
When all your precioussssss altcoins will value 0.0000000000000000000000000003 $ you will remember the smell of my arguments.
Let's imagine Citigroup, or another whale, or maybe Satoshi is back and has created A COIN with more users and higher market capitalization than Bitcoin and better network, more secure and innovative, more implemented into market etc...
Yes, I know, you cannot imagine it now, me, neither, but as a thought experiment?
The question is will you continue holding and using your beloved BTC then? If your answer yes, you can understand altcoin communities.
If tomorrow Dogecoin gets larger than Bitcoin, I'll move onto Dogecoin.
This for the simple reason that, again, if more shops will implement Dogecoin as a crypto to buy stuff, that is the best reputation a currency can have.
People that ACCEPT that currency, make reputation for that currency.
All the rest is valueless.
You can design the best currency in the world, but if people won't start to use it because they can't UNDERSTAND it, then that currency will be worthless.
And, oh, looks like I am talking about... CRYPTOCURRENCIES, BITCOIN INCLUDED!
But at least Bitcoin is pushing through!
And you don't create reputation from thin air. Bitcoin took YEARS to come where it is now. So don't expect that a coin made by a bank will boost somewhere, for several reasons. First of all because it's of a fucking bank. Second, because EVEN IF a bank would be so good at promoting their coins, there wouldn't pass much time before people would know about Bitcoin and just right move onto that, dumping the bank's coin.
with more users and higher market capitalization than Bitcoin and better network, more secure and innovative, more implemented into market etc...
See, you are just dreaming.
More innovative. More this. More that. AND with larger userbase. LOL.
From here, I hope you can understand that my ONLY point here is RATIONALITY.
I don't refuse that Bitcoin is 99% more reputable than all the other currencies put together.
I don't refuse that Bitcoin is ALREADY usable to buy stuff.
I don't refuse that Bitcoin has the largest userbase.
I don't refuse that Bitcoin is the train on which 99% of people are jumping in and WILL probably jump in in the future.
I'm just being REALISTIC, thus, RATIONAL.
If no, then you just care about your profits, not about idea.
Wrong again, dude.
I AM about the idea... BLOCKCHAIN IS THE IDEA!
And it's already there, working, implemented... SPREADING! In Bitcoin.
All you want to do is keeping dreaming.
You LIKE, or LOVE, more some altcoins, so you keep dreaming that one day, for some unknown reason, some of them will skyrocket to the moon.
I wish you so, but I don't TRUST it.
You know, sometimes he, who cares more about profits, gets losses only.
I only have ONE Bitcoin. Unluckily I don't have more money to invest now, but I'd surely do if I could.
And if I want to INVEST, I invest into something I think will get more value.
Not into something I WISH will get more value... even though, in this case, I also WISH Bitcoin will get more value, because I WISH banks get fucked up.
Really, dude, if you like to PLAY with altcoins, that's good, you have your fun, but if you want to INVEST money in them, in the hope they will return you something, try to be more rational.
Go read about COGNITIVE DISSONANCE and stop dreaming about your wishes.
