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Author Topic: Why all other coins pretending to be bitcoin will fail (including BTG).  (Read 285 times)
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October 30, 2017, 02:06:25 AM
 #1

This image may not show up cuz I'm still a noob, but look at the chart of BCH. Its in a definitive downtrend, because its simply a ploy by some extremely wealthy, greedy know-it-alls to trick the general public into thinking their altcoin is the same thing is bitcoin, when it definitely is NOT.



These coins offer nothing new or interesting except for modulation of the block sizes. They are just attempts to cash in on the good name of bitcoin and nothing more. They couldn't even have the decency to come up with their own names. That's because, as previously mentioned, they are trying to trick you into thinking they are the same thing as bitcoin. Which they never will be.

Why not?

Because they are traded under different symbols! WHAT MORE PROOF DO YOU NEED?

If they were all the same thing, they would all have the symbol of BTC. Anybody claiming anything otherwise is simply lying for their selfish, personal gain. That is NOT what bitcoin is all about. It never was.

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October 30, 2017, 02:11:50 AM
 #2

Including eth.

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October 30, 2017, 02:18:33 AM
 #3

Including eth.

Errr.... wot?

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October 30, 2017, 03:10:40 AM
 #4

because investors are very smart in choosing or determining where their money will be invested.

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October 30, 2017, 03:19:04 AM
 #5

Why? because HUMANS have emotions, most of us treat BTC as if it has a sentimental value... yes, there can be lots of forks as we move on, but there is only one BITCOIN. I still believe in the urge of humanity to be free from the government and capitalists. That's why I guess people will always treat the forks as free money, and after selling them they would buy BITCOIN.

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October 30, 2017, 03:36:25 AM
 #6

Pretty much everyone already knows this. I would guess even the teams behind the forks themselves know this. Forks are basically half baked attempts to take advantage of Bitcoin's large user base to create profits. These teams are part of the larger community, so they know how the community feels about forks. Still, I guess the luster of money can entice everyone, which is why they still attempt to go for it. No fork, without the backing of the majority of the community, will ever be successful.

Bitcoin and every fork resulting from it are only as valuable as its users want it to be, and it would be hard to give value to coins that are byproducts of blatant greed.

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October 30, 2017, 04:53:07 AM
 #7

You are not completely right these bch, bitcoin gold all these extra coins gives more option for mining and for trading. Maybe for you or for me it won't make a heck of a difference but there are many people who want to make profit. All these coins give btc owners free money and if you don't know 200k bitcoin gold was pre mined means profits from developers also.
The main purpose is to make money nothing else i mean come on people are now killing each other to make profit then what's wrong with creating coins.

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That is NOT what bitcoin is all about. It never was.
Well with more demand and increase in price comes with a disadvantage there is nothing we can do.
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October 30, 2017, 04:54:21 AM
 #8

you are just describing 90% of the altcoins and as far as pumps go all of them specially the big ones like ethereum are being pump and dumped like this.
there is really not much of a difference when it comes to uselessness among these altcoins. most of them don't do anything interesting and the rest just have nice ideas but they are never practical because that idea is either useless or they ruin it by getting greedy and diverging from meaning of a crypto"currency"

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October 30, 2017, 05:15:36 AM
 #9

The chart means nothing.  Facebook stock had much the same initial dip and
downtrend for its first few months,  if I'm not mistaken.  And you're only looking
at about two months here.  That's nothing, and certainly not enough data points
to predict total failure.   But I actually do agree here. 

I think both bch and bcg are doomed to at least mediocrity, because no one is
going to spend them.  Probably the only thing people will do with those two coins
is sell them back and forth to each other.   In other words, they're speculative shit
coins that should not exist. 

There will be pump and dump attempts and prices may even soar...temporarily. 
But both fork coins are basically dead on arrival.



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October 30, 2017, 05:38:26 AM
 #10

Personally, I would never use a bitcoin fork especially when it is trying to hi-jack its name and claim it's the real one. I appreciate more the other bitcoin forks forked and made its own brand. Period! No need to go full roger "economic genius" verysmart whinny.
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October 30, 2017, 05:52:26 AM
 #11

Why? because HUMANS have emotions, most of us treat BTC as if it has a sentimental value... yes, there can be lots of forks as we move on, but there is only one BITCOIN. I still believe in the urge of humanity to be free from the government and capitalists. That's why I guess people will always treat the forks as free money, and after selling them they would buy BITCOIN.

You are not the one with that opinion I will do the same, claim the new coin sell it to buy bitcoin so it's another way to buy new bitcoin, and people enjoy fork again and again.

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October 30, 2017, 06:11:41 AM
 #12

I see it differently. These Bitcoin Cash supporters pump the price and it goes up. The BTC supporters received free Bitcoin Cash and they did not dump all of it for BTC yet, so they wait for the pump to sell at a higher price. Every time it goes up, BTC supporters with Free coins dump some coins and the price goes down again.

The Bitcoin Cash supporters cannot stop pumping it, because it will collapse to nothing. So BTC supporters are taking more and more money from the Bitcoin Cash supporters with every pump. Soon their money will run out and it will collapse. ^smile^

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October 30, 2017, 06:13:47 AM
 #13

This image may not show up cuz I'm still a noob, but look at the chart of BCH. Its in a definitive downtrend, because its simply a ploy by some extremely wealthy, greedy know-it-alls to trick the general public into thinking their altcoin is the same thing is bitcoin, when it definitely is NOT.



These coins offer nothing new or interesting except for modulation of the block sizes. They are just attempts to cash in on the good name of bitcoin and nothing more. They couldn't even have the decency to come up with their own names. That's because, as previously mentioned, they are trying to trick you into thinking they are the same thing as bitcoin. Which they never will be.

Why not?

Because they are traded under different symbols! WHAT MORE PROOF DO YOU NEED?

If they were all the same thing, they would all have the symbol of BTC. Anybody claiming anything otherwise is simply lying for their selfish, personal gain. That is NOT what bitcoin is all about. It never was.

yeah right most of some other new coins now are want/pretending to be as like bitcoin but they not. creating some forks or even new blockchain just to mine their own coins are just annoying, i cant even think why do they want to create such a thing that already exist and has a big name in the whole wide world. why ? because they want to be self-enrich by adopting people on they created coin and want to be like bitcoin someday but they cant.

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October 30, 2017, 06:35:48 AM
 #14

Of course you don't need to be a rocket scientist to realized what those guys are really doing. Those wannabee coins will really collapse if people behind don't pump it. While bitcoin remains steady and going up in prices. They have their own agenda forking and having a new coins, but they won't succeed in the long run because it will not gain traction from the community and if not for the pump, I'm sure they are dead by now.

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October 30, 2017, 06:36:06 AM
 #15

Bitcoin has undergone a rigid split, creating a new virtual currency called bitcoin gold. Bitcoin gold is reduced to more than 60% of its original value.
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October 30, 2017, 06:40:44 AM
 #16

I see it differently. These Bitcoin Cash supporters pump the price and it goes up. The BTC supporters received free Bitcoin Cash and they did not dump all of it for BTC yet, so they wait for the pump to sell at a higher price. Every time it goes up, BTC supporters with Free coins dump some coins and the price goes down again.

The Bitcoin Cash supporters cannot stop pumping it, because it will collapse to nothing. So BTC supporters are taking more and more money from the Bitcoin Cash supporters with every pump. Soon their money will run out and it will collapse. ^smile^

Nice mate, you exposed some of our strategy. LOL. They think they can outsmart bitcoin holders, but its the other way around. I know that there are still holder on BCH and some of us here are buying it in this and hoping for a big pump later. Bitcoin holders as you describe then dump their coins during the pump taking home profits. LOL. Well we are here for making money then I guess they can't blame bitcoin supporters. BCH will still exist, no doubt but just like any other altcoins, for P & D purposes only.

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October 30, 2017, 06:43:10 AM
 #17

That's correct no wonder why all the previous fork failed even some of them still exist to the circulation in the market having their own values, they cannot raise to breakthrough to their prices and popularity, they just being used constantly by the traders and investors to gain profit from buying and selling. they have their own uniqueness features that is good to hear like increased block sized, faster transaction, mineable for non asic devices and cheaper but the problem is they are just a bitcoin copy cat and still altcoins that cannot surpassed the original BTC. they are created by the greedy community for the sole purpose and profiting and boosting the btc prices.

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October 30, 2017, 07:13:19 AM
 #18

All of these forks following BCH are just being done for the developers to get some fast money by just dumping the coin as soon as any markets or exchange pours support. Just look at Bitcoin gold, it has over 100k premined coins which have already impacted the price by a huge scale. After all of these developments, just expect any more hard forks to be 'import private key and dump', at least for me.



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ImHash
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Activity: 658
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segwit=lower fees


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October 30, 2017, 08:42:03 AM
 #19

Every new coin claims to be better than bitcoin, Even the crappy airdrop coins claim to be better, You couldn't stop some of the big companies from buying these coins, They are mining bitcoin and selling them to buy their coins with the money. Buying BCH/ BTG is a mistake but mining them is not as long as you could profit more than mining bitcoin, I see no one talking about BCH/ BTG going up like people are talking about bitcoin reaching $12,000,000 Cheesy
CoinClarity
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You got questions? We got answers. coinclarity.com


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October 30, 2017, 09:13:27 AM
 #20

You're stupid.

_I'm_ stupid? Look at the scoreboard.

BCH trend = down
BTC trend = up

SCOREBOARD.

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