The truth about the 20k bitcoin last year

[Tytanowy Janusz]

Lets face it- BTC is total worthless- its garbage and you cant use it for anything

Last years bullrun had nothing to do with BTC beeing innovativ or anything- the only reason BTC reached this price levels is because of bitconnect and Ethereum ICOs
for bitconnect and to take part in eth icos the easiest way was to buy bitcoin and than invest in bitconnect- buying bcc coins

same with ethereum ICOs- majority of people bought BTC than traded it for ETH and than investing in eth ICOs

so if btc wouldnt have been around it would have even been much better if someone was abe to invest directly in bitconnect or ethereum.

Mike Novogratz is a shill from the worst kind- same with this other BTC shill Tone Vays

Face it BTC fanboys- your coin is garbage and noone can use it for anything- the only reason it had any usage was in the beginning when people used it to buy drugs on the darknet but other than that- screw bitcoin

and even lightning cant save this crap


And on the next bullrun ethereum will outperform btc again- especially when people are than able to purchase eth directly with fiat.

now prove me wrong, lol

"now prove me wrong, lol" 10 year old child can prove you wrong. 99% of crypto society learn about crypto from bitcoin and its crazy bull runs. It reach 20k not because it was usefull to buy altcoins (situation changed since now? why isnt it around 20k now? Is there less alts to buy?). It reached 20k by massive whale speculation just to show crypto world to masses. To bring money from street to crypto world by showing everyone "look if you were invested 1000$ in bitcoin in 2012 you will be reach now". Thats why it reached 20k.

Etherum is only altcoin with unfinished product full of bugs. There are dozens similar projects like waves, eos, trx, nem, stellar, neo. Etherum can disapper from top 100 in next bull run just like those coins from top 10 in december 2013. And its even more possible that overtaking bitcoin.
https://coinmarketcap.com/historical/20131229/

Omni -90%
Peercoin -80%
Namecoin - 75%
Quark -95%
Bitshares -~100%
Wordcoin -~100%

Last years bullrun had nothing to do with BTC beeing innovativ or anything- the only reason BTC reached this price levels is because of bitconnect and Ethereum ICOs
for bitconnect and to take part in eth icos the easiest way was to buy bitcoin and than invest in bitconnect- buying bcc coins

Yea. I think that less than 1% of crypto society entered crypto world because of interesting ico that he found. And those are not whales. Those are nerds with 1000-10 000$ to invest in. Its not the amount of money that will change price.

Last thing. If you buy bitcoin [btc price go up], than buy altcoin in ICO for your btc [btc price constant] than ICO team sells your bitcoin for dollars to pay for everyday spendings [btc price go down]. You see that its not pumping price...

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[deisik]

Etherum is only altcoin with unfinished product full of bugs. There are dozens similar projects like waves, eos, trx, nem, stellar, neo. Etherum can disapper from top 100 in next bull run just like those coins from top 10 in december 2013. And its even more possible that overtaking bitcoin

Supported this view with a merit and completely agree with it

Recently I tried to install a plain vanilla Ethereum wallet (actually, both of them, i.e. Ethereum Wallet and Mist). And to say that I was disappointed is to say nothing as I couldn't even import an existing private key in it despite doing everything by the manual (using geth and so on). Somehow, I expected a more mature product from a project that has been sticking around for so many years. It was a def red flag for me to stay away from Ethereum (apart from aggressively shorting it on rebounds, of course)

[Tytanowy Janusz]

Supported this view with a merit and completely agree with it

Recently I tried to install a plain vanilla Ethereum wallet (actually, both of them, i.e. Ethereum Wallet and Mist). And to say that I was disappointed is to say nothing as I couldn't even import an existing private key in it despite doing everything by the manual (using geth and so on). Somehow, I expected a more mature product from a project that has been sticking around for so many years. It was a def red flag for me to stay away from Ethereum (apart from aggressively shorting it on rebounds, of course)

Agreed. Some said that it cannot dissaper from top 10 due to the amount of ICOs build on etherum (at liest 1000 tokens in coinmarketcap are build on ether). Well every suceed project moves to their own blockchain. VET, BNB, EOS and many more. Etherum become home for scam projects and kindergarden for few good projects which stops using ETH as soon as its popularity enable to start its own blockchain.

ETH for now is not scalable enought to hold the load from 1 project that hit mass adopion. Not even talking about rest 1000 tokens. Maybe thats why waves is beeing pumped so hard during last few weeks. Maybe its beeing prepered to overtake ether during next bull run.

[buwaytress]

Seriously, I need for more guys just like you to come out of the woodwork. I'm actually keenly surprised that this month's fresh lows still haven't managed to coax more threads like this. Really need the stubborn bull sentiment to get crushed. Pity that the sarcasm was a bit too obvious.

Yea. I think that less than 1% of crypto society entered crypto world because of interesting ico that he found. And those are not whales. Those are nerds with 1000-10 000$ to invest in. Its not the amount of money that will change price.

Last thing. If you buy bitcoin [btc price go up], than buy altcoin in ICO for your btc [btc price constant] than ICO team sells your bitcoin for dollars to pay for everyday spendings [btc price go down]. You see that its not pumping price...

Unfortunately, those 99% of people who didn't enter because they found an ICO probably later on did invest in ICOs. Poured all their nerd savings into gaping holes that only became apparent to them last year.

[eaLiTy]

Last years bullrun had nothing to do with BTC beeing innovativ or anything- the only reason BTC reached this price levels is because of bitconnect and Ethereum ICOs

Seriously are you thinking with some other part of your body to come to this conclusion. If you would have said about Tether i would have accepted half of your conversation instead of the scam bitconnect and Ethereum which is basically used to create tokens and nothing else, which market movement have you being watching to come to this conclusion

And on the next bullrun ethereum will outperform btc again- especially when people are than able to purchase eth directly with fiat.

If you can convince one solid use of ethereum other than create fake tokens and swamp the market, what is the real use of that coin. How many merchants are accepting ETH in real use case scenarios and the fake as well as the ICO days are almost over and what makes you think that it will have a separate rally, the only rally that is going to happen is in bitcoin and ETH might move higher if the market recovers.