Bitcoin Forum
October 17, 2019, 09:15:29 AM *
News: If you like a topic and you see an orange "bump" link, click it. More info.
 
   Home   Help Search Login Register More  
Poll
Question: Do altcoins eat away at Bitcoin's value?
Yes, they definitely do - 2 (20%)
No, there is no way they can do that - 6 (60%)
All altcoins are shitcoins - 1 (10%)
Just shut the fuck up finally - 1 (10%)
Total Voters: 10

Pages: « 1 2 [3]  All
  Print  
Author Topic: On value dilution  (Read 279 times)
Betwrong
Legendary
*
Online Online

Activity: 1624
Merit: 1076



View Profile
March 04, 2019, 11:46:18 AM
 #41

~ It doesn't matter that while taking from Bitcoin they are also adding to it something as what they take exceeds what they give back

But what if what they take doesn't exceed what they add? Are there stats on the number of people that switched from alts to BTC? I think there are many of such people. Do you think that if there were no other carbonated drinks with sugar and caffeine in them, it would be better for Coca-Cola? I don't think so because, in my opinion, those other drinks get people used to the idea that consuming such drinks is a normal thing, and then some of them start looking for the best one in the field. Also, a healthy competition wouldn't hurt any business.

████████████████████████████
████████▀▀ █▀ █▀ ▀██████████
█████████▄ ▄▄▄▄▄▄███████████
██████████▀     ▀  ▀████████
███████▀ ▀  ▄█▀▀▀█▀▀████████
██████▄      █▄  ▀▀  ▀██████
██████         ▄▄█▄ ▄ ▀█████
█████ ▄         ▀▀ ▄ ▀ █████
██████▌          █▀█▀ ▐█████
███████  ▄▌         ▄ ██████
████████▄█         ▄████████
█████████▀     ▄▄ ▄█████████
████████████████████████████
.JACKMATE'S...........
.
MAJESTIC..
████████████████████████
███████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
.
..WIN 1 BITCOIN ON EVERY PREMIER LEAGUE MATCHDAY..
████████████████████████████████
████████████▀█▀ ▀█▀█▀███████████
███████████▄ ▄▄▄▄▄▄▄████████████
███████████▀▀▄▄▄▄▄▄▄▄███████████
█████████▀▄ ██▀▄▄▄ ▀ ▄▀█████████
███████▀ ▀█████▄▄▄█▄▄▄██████████
███████▀▄████████▀  ▀█ █▐███████
███████ ▀█████████▄█▀▀██ ███████
████████ ███▀██████ ▄ ██ ███████
████████▌▐▀▄ ██████████ ▄███████
█████████▄██▌▐█████▀██ █████████
████████████▄▀▀▀▀▀▄ ▀▄██████████
████████████████████████████████
.
.JOIN US - IT'S FREE! .
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1571303729
Hero Member
*
Offline Offline

Posts: 1571303729

View Profile Personal Message (Offline)

Ignore
1571303729
Reply with quote  #2

1571303729
Report to moderator
deisik
Legendary
*
Online Online

Activity: 2072
Merit: 1120


WOLF.BET - Provably Fair Dice Game


View Profile
March 04, 2019, 12:00:13 PM
 #42

~ It doesn't matter that while taking from Bitcoin they are also adding to it something as what they take exceeds what they give back

But what if what they take doesn't exceed what they add? Are there stats on the number of people that switched from alts to BTC? I think there are many of such people. Do you think that if there were no other carbonated drinks with sugar and caffeine in them, it would be better for Coca-Cola? I don't think so because, in my opinion, those other drinks get people used to the idea that consuming such drinks is a normal thing, and then some of them start looking for the best one in the field. Also, a healthy competition wouldn't hurt any business

As I said, I didn't intend this topic to turn into a debate of whether altcoins are good or bad

But personally, I think they are a good thing overall (well, at least some of them, for example, Litecoin) but then again, this is not what this topic is about. Regardless, if altcoins give more than they take from Bitcoin (ultimately, Bitcoin's value expressed in its market price), then it would mean that they add to its value (and price) as a net result. But this is exactly what is for debate here

Regarding Coca-Cola, yes, I think we can safely assume that. The inference should be straightforward. As long as people buy drinks specifically because they are carbonated and have caffeine in them, they will start drinking more Coca-Cola if there are no other such drinks around. I think this is a pretty solid assumption

.WOLF.BET.
▀  ▀▀▀▀▀▀
  ▀ ▀▀▀
 ▄ ▄▄▄  
  ▄ ▄▄▄
▄  ▄▄▄▄▄▄
        ▄▄▄▀▀▀▀▄▄▄
    ▄███▌        ▀▀▄
  ▄▀   ▐█████████▄  ▀▄
 ▄▀  ▄█████████████▄  █
 ▌  █████████████████  █
▐  ████████████████ ▄█
█  █████████████████████▌
▐  ██████████████████ ▀█▌
 ▌ ▐█████████████████▌ ▐▀
 █  ██████████████▀ ▄▀
  █   ███████████▀  ▄▀
   ▀▄▄██ ▀▀▀▀▀▀▀  ▄▄▀
     ▀██▄▄▄▄▄▄▄▄▀▀▀
▄███████████▄
███████    ████████████▄
███████    ███████   ▀██
██████████████████    ██
██    ██████████████████
██    ███████    ███████
█████████████    ███████
███████    █████████████
███████    ███████    ██
██████████████████   ▄██
██        ▀███████████▀
██
██
      ▄█▄         ▄█▄
 ▄██ ███ ███████ ███ ██▄
▐███▄ ▀ ▄███████▄ ▀ ▄███▌
▐█▌▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▐█▌
▐█▌   ▄▄▄▄▄▄▄▄        ▐█▌
▐█▌   ████████        ▐█▌
▐█▌       ███     ▄▄▀▀▀██▄
▐█▌      ███    ██▀      ▀█
▐█▌     ███    ███         █
▐█▌    ███     ███          █
 ██▄           ███▄         █
  ▀█████████████████▄     ▄█
                  ▀▀█████▀▀

████
██
██
██
██
██
██
██
██
██
██
████


.AFFILIATE PROGRAM.
   ...FREE FAUCET........
..CHAT RAIN.............
Renaldi blackspadeteam
Full Member
***
Offline Offline

Activity: 504
Merit: 100


View Profile
April 01, 2019, 05:15:56 AM
 #43

quite complicated but if recalled in the past the value of bitcoin is very low and the peak value of bitcoin in 2017, it may be right, altcoin takes the value of bitcoin and maybe NO, because of the decline in the value of bitcoin it causes many to sell in large quantities, and if you know the contents of the big whale's wallet might be surprised, so basically I think altcon has no connection with the value of bitcoin.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!