The reason why I hate BITCOIN

[pixie85]

I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

15th september 2017 - BTC = 2980 USD
21st October 2017 - BTC= 6151 USD
FYI that's 3000 USD 100% in just over 1 month, but I guess for you it's bad, barely doubled in 1 month, what a shitcoin
Unfortunately you won't make money on altcoins if you lack basic investment skills and too high expectations.

[1715651408]

1715651408

[1715651408]

1715651408

[1715651408]

1715651408

[blockman]

All alt coins have potential but investing money to altcoins are risky. Bitcoin is going up and up. Thats why I love bitcoin.

No, I don't consider all alt coins have the potential some of them are real and most of them are fake. No real support from the developers as they just want to earn from the ICO this applies for the upcoming coins. For the old ones there are promising one and being supported by the community.

I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.
-snip-

I don't hate promoting bitcoin but I hate those people that I told about bitcoin and ignored me at first glance and now they are boasting me their bitcoin profit. I stopped promoting because of these people and I don't want to be embarrassed again.

I think there is no reason to hate bitcoin. i think those people who hate bitcoin they do not know the importance of bitcoin. i am sure once they will know about the importance of bitcoin i am sure they will not lose any more time and will invest most of their money in bitcoin.

Certainly there's no reason to hate it but if you'll read his concern, he hated promoting bitcoin. There's no actual hate for bitcoin because everyone loves bitcoin. And we do have our own choice so if someone hates bitcoin it's either he sold most of his bitcoins while the price was still low and hated to see the price now pumping or they just really don't like bitcoin because it is not his taste and their own choice are into alt coins and they love it.

[postokenlover]

Maybe you're right, my friend. But what I want to emphasize is that I prefer to hold bitcoin. Because relative to other coins, bitcoin is continuing to rise. But other small coins can easily devalue, and even make you lose most of the principal

[noictib]

I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't

Here this is the truth that we can't make big earnings in the bitcoin only investment and trading Because bitcoin is already at high potential price ( since it will continuously increase but will take long time of month by month interval ).
But in the altcoins we need a better understanding to choose the perfect investment for the coin , Because there are thousands of coins available in the market and people  are confused to buy which one , but still people are making bulk earnings .
Here perosnally I like both altcoins and bitcoin Because I didn't find much difference between these two Because making slow earnings in the both for the flcutuations .
If you can see clearly with the comparison of history then you will found that bitcoin has more flcutuations of big pump and dump , so chances are same like altcoins in the bitcoin to make better profit easily .

[NutMasterTardd]

I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't

We are cryptocurrency enthusiasts and love both Bitcoin as well as altcoins. But the reason mentioned by you isn't relevant to me. When you say you could make 50-60x with altcoins (which in my view is highly unrealistic, max possible is 10-15x with hodling for 10-12 months), it is attached with 50-60x risk. No experience or study can make you ascertain best time to buy or sell particular coin. It's all depend on luck. Most of the time, investors lose.
While on other hand, BTC is now mature kid. With investing there, you can sleep peacefully as your amount isn't gonna fade away in night. Bitcoin is still much better investment than shares as it still has capability to give you 150-200% return p.m.

I think this is a really good point, for me trading alts typically I make 10-20x on an investment holding for a year (Bar any selloffs like the one currently happening) but when you buy an alt there is always a chance it could go much much higher. like STRATIS 400x, out of nowhere extremely quickly. It is a luck of the game really but I think taking the risk with alts will always be more profitable than just trading/holding BTC alone. The only problem is alts are a lot more likely to fail than BTC.

The thing is BTC won't 1000x now, it just won't happen. I think there will be many more alts that do over the next few years, but then returns will start slow down completely with heavier government regulations and profit won't be made as easily as the markets won't be as volatile. For now we are still all early(ish) adopters, and whoever buys the next big altcoin will make a lot of money. The only way to make millions from BTC now really is if you have millions, maybe hundreds of thousands IMO.

[novhitadaloma]

I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't

I am interested in bitcoin, but I have also invested in altcoins.

[Lucius]

I think we live in a world where everyone has the right to their own opinion,and if someone does not like BTC and prefers altcoins I can understand that.
There is always some nice and interesting altcoins on market which provide the opportunity for earnings.But the only thing that bothers OP is just that he is not early investor and thinking that by promoting BTC just fill their pockets.

I think things should be looked from another angle also.Some people invest 5,6,7 year ago and they are early investors-but if we invest today in next 5-10 years we will be in some way early investors for them just because we invest at 4000$ or 6000$ and BTC could worth xx time more then today.

[juanjoportable]

I really do not understand how you can hate crypto-currency.
Did Bitcoin made you something wrong?
You sold too cheap ... that's your decision.
I even cannot imagine any sensible reason, human could hate Bitcoin for. 

I don't hate Cryptocurrency, I'm not just a fan of Bitcoin instead I prefer Altcoin

Haha, that is better, I believe you exaggerated a bit on the tittle... a bit of clickbait.
I believe Altcoins would not be there if Bitcoin didn't exist.
I also like the idea of investing in Altcoins rather than Bitcoin, because of the higher growth potential, however we need to note it is riskier.
Thanks for the thread, it is an interesting topic.

[Exister]

Overall money coming into bitcoin has the trickle down effect. it will improve the image of bitcoin attracting more and more and people will seek opportunity in altcoins after taking a position in bitcoin.

if u would see bitcoin ursurped by another coin it will slow the adoption rate.

Institutional money going into bitcoin though is probably not going to move into altcoins as readily.

it still improves the image of bitcoin and attracts more adopters in the long run

[Virtual miner]

I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't

Haha thats a proof of unlimited wants a human has. People not satisfied with 15-20% return in bonds and funds found a magical return of 100-200% in bitcoin. This was a sort of magic for them. Now they are not even satisfied with this much return and want 5000% return. Altcoins have their own merits and demerits be cautious before you run for a 5000% return.

[BitcoinHodler]

I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

bitcoin has given me 3966.66% profit in 2-3 years just by holding it.

altcoin on the other hand go down in 2-3 years but they are getting pumped (1000%-5000%) in a couple of months for example if my memory serves, ripple was pumped about 6700% in 3 months and it is all down-hill from there and will continue getting dumped the rest of the year too.

but that is just my observation, you can promote, invest, dump,... anything you like.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

you "promoting" or not, doesn't change anything about bitcoin.
the people who are buying bitcoin now and have been doing it for 8 years are not doing it because you or others like you promoted it.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't

then do that.
it is always best to invest what you think is better not what others think is better.

[minmin88]

No! I cant hate bitcoin, price is raising and if I continue earn them, one day al of them will get more money. But only thing I hate way to sent bitcoin, sometime I really upset for wait long time to get it

[gabbie2010]

Your reasons for hating bitcoin is not genuine, there are countless number of people who are already millionaires thanks to bitcoin, some few years ago when bitcoin was not popular those people took a risk bought bitcoin and hold and price skyrocketed yielded high returns for there investment, if you are also an investor then, you wouldn't have hate bitcoin.

[alyssa85]

There's a strong chance you're going to end up really, really, really hating altcoins when Bitcoin shakes off all the doubt they fed so successfully on and slaughters all but the worthiest of them.

Depends on the alts.

Bitcoin's adoption has stalled in the last there years while people argue about blocksize etc. Most of the action is taking place in the alt space - see ethereum for example, plus a bunch of other innovative coins.

People keep thinking first mover advantage means bitcoin will always be ahead. But that's not the case.

[elLiteZero]

Exactly, I can't hate bitcoin
It can make me rich hh
I really do not understand why you can hate bitcoin..
BTC made you something wrong or what?

[Bolt Brownie]

It's your opinion and I respect that, but from my point of view you are missing the entire purpose of bitcoin. You apparently just see it as a way to trade and earn some cash. Although it allows you to achieve that goal, since right now it works mostly as an asset, I don't think that's the true value or purpose of bitcoin. If you think the only value in crypto is that the price of a given coin will rise in the future, then you are describing a bubble...

Bitcoin has value on itself. It's secure, decentralized, it's not dependent in the middle man to make a transaction (banks), it can work as a store of value because it's scarce (like gold) but it can be used as an online currency, it's not dependent on governments (so it wont be affected by inflation when bad governments mess up the economy of a country). The list could go on and on, and most alts don't offer you that. Some of them are just used for pump and dump. That can give you profit in short term, but since most of them are just empty, I cant see them as a true investment.

I'm not against trading, but bitcoin can be used to so much more than that. I think you "hate" bitcoin, simply because you don't understand it.

[Rebellious]

when u keep it on bitcoin u will never get that Lambo, u have to take some risks to be at that point

[Feri577]

Until whenever I can not hate bitcoin it all starts from there, maybe your best choice falls into bitcoin because you got a profit there but for my taste I prefer bitcoin because I see it has a very high price potential in the future. If you buy the first time bitcoin appears you probably will not hate it because now you have become rich in this world because bitcoin is not altcoin. Everyone's thinking varies depending on how people see the future of bitcoin...

[iamzill]

I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.

I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.

Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.

Do you hate Bitcoin? Give reasons why you do or don't

I think to hate bitcoin for me is not there at all because until this moment I still get a profit that I think is very meaningful for me. but for the reason why you hate bitcoin I think you are less in analyzing about the advantages and disadvantages in bitcoin

[BTCbengi]

Depending on each person, you may hate Bitcoin, but now millions of people around the world still love it, still investing in it and making it grow more. And I think the way you invest will be different for you, but actually investing in Bitcoin can help you earn more money than many other Altcoins.