Bitcoin is DEAD - But the Alt-s are SKY-ROCKETING to the Moon!

[bitfools]

Since New Year a funny thing has happened well for that matter since Goldman-Sachs came out with their derivative futures for BITCOIN, it has gone no where but trading in a very tight window,

On the other hand the alt's, especially equihash like HUSH, .. are up 5X

Hell even the SHIT-COIN either etherum with +70% pre-mined ( almost 4million of  the 4.8 million in circ were pre-mined ), even that dog is up 2X for NY

It's obvious that all cash is now flowing to alt's the NEW MONEY ain't buying BITCOIN.

Z-Classic is up like 20X in a few weeks, what is up with that? There are dozens of same-same shit as this z-coin

Lot's of plays here, our own BITCOIN-Z which is much better than bitcoin-gold and is just waiting to rocket to the moon, when discovered.

[francoise]

lmao, I guess you are still in your dreams... keep dreaming

[Lingqingyi]

Bitcoin is just sleeping, and when it wakes up, it will pick up and wait.

[nareshrohra]

Maybe it's a cycle, sometimes bitcoin rises and sometimes it drops while other altcoins do. But wait, sometimes bitcoin & altcoins both drop and rise simultaneously.

“Humans are pattern-seeking story-telling animals, and we are quite adept at telling stories about patterns, whether they exist or not.”
― Michael Shermer

[mk4]

I'm pretty sure it's because of unit bias, whereas the new people are thinking like:
"Bitcoin is at $17,000, it's quite expensive; whereas Cardano is only at around $1. $10 soon! To the moon!"

Something like that, not taking in to account that most coin's circulating supply is too high to reach high dollar prices.

[Baofeng]

lmao, I guess you are still in your dreams... keep dreaming

Just give him a break mate, he probably has a lot of investment in alts, but bitcoin will not die, actually its making some kind of rally of as late, is pushing to $17K now. However, alts is still going up, which means money is flocking to the market. Its good news to everyone.

Bitcoin is just sleeping, and when it wakes up, it will pick up and wait.

Of course, it just move sideways but sooner it will rise up again as what we have been seeing in the last couple of days. And we all know that when bitcoin wakes up, it will go on a massive bull run again.

[davis196]

I'm pretty sure it's because of unit bias, whereas the new people are thinking like:
"Bitcoin is at $17,000, it's quite expensive; whereas Cardano is only at around $1. $10 soon! To the moon!"

Something like that, not taking in to account that most coin's circulating supply is too high to reach high dollar prices.

I guess that you are a little bit wrong.The newbies are thinking:"All the bankers and financial experts are warning-Don`t invest in btc,it`s a bubble and it will burst soon.All the governments are submitting more and more regulations over bitcoin.Nobody is talking about altcoins,so their prices might skyrocket".
The pump&dump investors are moving away from btc,and this is something good.

[jseverson]

...dead? It has been recovering fairly well. Not all time high well, but well enough considering the transaction fee problem.

Either way, you're kind of a little late. There was a period a few days ago when Bitcoin was flatlining while everything else was gaining momentum. You should have posted then, maybe you'd have a few sympathizers lol. If everyone didn't think Bitcoin was dead then, they sure as hell won't now.

I personally don't see alts growing as threats. Crypto money mostly stays within crypto, so those could make their way into Bitcoin in the future. I'm sure a lot of them would once Bitcoin's scalability issues is addressed. With all this Lightning hype, that could be very soon.

[Cryptohad]

Bitcoin is just sleeping, and when it wakes up, it will pick up and wait.

yes, bitcoin just fall asleep, i do not believe bitcoin die, and i also do not believe that altcoin will increase.
but bitcoin will be to the moon and other altcoin will increase, but can not chase bitcoin.

[meyklove]

I'm not sure about that. Bitcoin is just correcting its course because of the previous hard pump.

[jbkg111816]

Take a look at the price of bitcoin and the number of its investors does it look like death to you? Seems to me you are not analyzing it carefully.

[imstillthebest]

yes i agree and i can also see in my two big eyes that most altcoins and tokens are still sky rocketing and seems going to the moon directly but i woudnt agree with you when you say bitcoin is dead because as i see right now bitcoin is still continues to recover from his injury last week.  yet i still believe that altcoins hype is still temporary and they should fall down again sooner or later but not on btcoin because bitcoin is already proven and tested to pump substantially despite on all the factors that may affects him.

[denny27]

Indeed we do have an opinion and predict from what that we know, and of course our opinion would be different opinions and predictions .
It seems indeed now Altcoins looks like in the best of its price developments, but I don't think it causes bitcoin would be dead and neglected, I'm sure there are still many people who are interested on investing in bitcoin and making efforts that can be gain a various profits with bitcoin, so that its value will still stay at altitude above all altcoins.
Altcoins is experiencing a high price., I don't think that would be a threat to bitcoin, bitcoin will remain the king because of its popularity and still known by many people in the world.

[mk4]

I'm pretty sure it's because of unit bias, whereas the new people are thinking like:
"Bitcoin is at $17,000, it's quite expensive; whereas Cardano is only at around $1. $10 soon! To the moon!"

Something like that, not taking in to account that most coin's circulating supply is too high to reach high dollar prices.

I guess that you are a little bit wrong.The newbies are thinking:"All the bankers and financial experts are warning-Don`t invest in btc,it`s a bubble and it will burst soon.All the governments are submitting more and more regulations over bitcoin.Nobody is talking about altcoins,so their prices might skyrocket".
The pump&dump investors are moving away from btc,and this is something good.

I mean, I agree with your reason on why people are moving to alts, but that isn't the only reason. There could be a dozen reasons why people currently prefer alts, my reason and your reason included. But I'm pretty sure the sole reason is because of higher chances of profitability on altcoins, since a good number of alts are quite low in value that it can more likely double or triple faster compared to the top coins.

[squatz1]

I'm pretty sure it's because of unit bias, whereas the new people are thinking like:
"Bitcoin is at $17,000, it's quite expensive; whereas Cardano is only at around $1. $10 soon! To the moon!"

Something like that, not taking in to account that most coin's circulating supply is too high to reach high dollar prices.

I was actually just reading an article like this, where people get too consumed with the price itself and fail to look at PERCENTAGE gains -- which are of course everything when it comes to investing.

But yes, people now think that because all of these new alts are hitting the top 10 and are overtaking one another (all while increasing in alts market cap) But most of the coins that are new in the top 10 have NO ACTUAL USAGE - Tron, XRP, etc.

Bitcoin is the only thing here that matters, you MUST remember that.

[rezzx]

many alts are currently pumped and will be dumped soon. that doesn't mean there aren't alts worth investing in you just have to find the right ones.

[avikz]

Since New Year a funny thing has happened well for that matter since Goldman-Sachs came out with their derivative futures for BITCOIN, it has gone no where but trading in a very tight window,

On the other hand the alt's, especially equihash like HUSH, .. are up 5X

Hell even the SHIT-COIN either etherum with +70% pre-mined ( almost 4million of  the 4.8 million in circ were pre-mined ), even that dog is up 2X for NY

It's obvious that all cash is now flowing to alt's the NEW MONEY ain't buying BITCOIN.

Z-Classic is up like 20X in a few weeks, what is up with that? There are dozens of same-same shit as this z-coin

Lot's of plays here, our own BITCOIN-Z which is much better than bitcoin-gold and is just waiting to rocket to the moon, when discovered.

Alts are up because of the investment inflow and positive vibes around them because bitcoin's network is facing a massive scaling issue. So people are moving to alts because they are technologically superior and offers almost free transactions with instant transactions. Bitcoin has become an investment asset. But if you think bitcoin is dead, please transfer all your bitcoins to me and I promise to take good care of them. Surely we have diverted from the initial goal of bitcoin of being a decentralized p2p transaction facilitator, but bitcoin offered enormous return on investment since last two years. So bitcoin looks really good for investment and certainly not dead yet.

[CryptoBry]

Maybe it's a cycle, sometimes bitcoin rises and sometimes it drops while other altcoins do. But wait, sometimes bitcoin & altcoins both drop and rise simultaneously.

“Humans are pattern-seeking story-telling animals, and we are quite adept at telling stories about patterns, whether they exist or not.”
― Michael Shermer

I agree with this and we should also thank that altcoins are now given the chance to grow their own value when Inhibitor has not yet been back into the surging game. I have Bitcoin and I have altcoins too and since they are all growing then am very much happy...even Bitcoin for the past three days has already shown some action so calling it dead is a great insult...Bitcoin is just stabilizing (isn't stability what many are looking for and not volatility?).

[mk4]

I'm pretty sure it's because of unit bias, whereas the new people are thinking like:
"Bitcoin is at $17,000, it's quite expensive; whereas Cardano is only at around $1. $10 soon! To the moon!"

Something like that, not taking in to account that most coin's circulating supply is too high to reach high dollar prices.

I was actually just reading an article like this, where people get too consumed with the price itself and fail to look at PERCENTAGE gains -- which are of course everything when it comes to investing.

But yes, people now think that because all of these new alts are hitting the top 10 and are overtaking one another (all while increasing in alts market cap) But most of the coins that are new in the top 10 have NO ACTUAL USAGE - Tron, XRP, etc.

Bitcoin is the only thing here that matters, you MUST remember that.

I'd have to disagree with that mate. Not all cryptocurrencies are aiming to achieve the same goal as bitcoin. Some(probably 1% of all existing cryptocurrencies) are actually decent and has a shot of being a successful service; like Sia's decentralized encrypted cloud storage, Ethereum's smart contracts, etc.

So yea, BTCitcoin is NOT the only thing that matters.

[Indrawan77]

I know a lot of alt coin is rising and the rising is very high, but that is just the game of pumpe and dump group, once they done they will find other coin, so alt coin for them is just a toy, they not using it, bitcoin is different, people really use bitcoin for transaction, that's why bitcoin price couldn't suddenly drop a lot, if the price  drop a lot the recovery will be very  quick, I still think btc is better for long term investment