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Author Topic: Are the retail interested more of action or utility of btc  (Read 92 times)
Voxo2222 (OP)
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November 06, 2021, 10:02:46 PM
 #1

Retail are turning into shiba since btc been stalled no action.
I dont think retail are here for utility i been spoken with my friends and they said they are in crypto only for one reason its called: " volatility" to be frank here im on same page.
What are the wall street and grayscale next plans to keep retail traders in bitcoin ?

But to be honest btc been quite stalled long time and now it should be time to move.
Eth is same past few days shiba is only who proofed to be active coin up and down as long as there is volatility we can short or long.
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November 06, 2021, 10:12:21 PM
 #2

Why are you flaunting Shiba's success in Bitcoin related discussion?
From the beginning, retailers were for profits in btc and any other coins, you see. Their sole motive is to make money, and make it quick. What can Grayscale do to keep retailers stick to btc? It's retailers' money and they can move it in any coin they think of having a spike in its value and shib was one of them. You saw the rise but didn't consider the fall in it? While btc and eth are near their ath and both are stable. Majority of investors still prefer btc over any other coins because btc is a safe haven asset for them to store their value.
Voxo2222 (OP)
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November 06, 2021, 10:23:53 PM
 #3

Why are you flaunting Shiba's success in Bitcoin related discussion?
From the beginning, retailers were for profits in btc and any other coins, you see. Their sole motive is to make money, and make it quick. What can Grayscale do to keep retailers stick to btc? It's retailers' money and they can move it in any coin they think of having a spike in its value and shib was one of them. You saw the rise but didn't consider the fall in it? While btc and eth are near their ath and both are stable. Majority of investors still prefer btc over any other coins because btc is a safe haven asset for them to store their value.

Yes they are stable but many retailers looking for action the movement.
The action risks and volatility can make us rich.
But stability will just hold the wealth what we all ready have.
But thats why the retail are here to get lambos its just natural for retailers if no movement why do you think a lot of retail traders investors have turned to panncakeswap..uniswap and other dex.
If you can get 5000% + gains its a lot of fun.
If we talk about utility and real use case then it would be USDT on tron solana and so....
the thing is many are disapointed about bitcoin we all wanted to get in early in btc but 10 - 20years ago we did not know or even expecting bitcoin to still stay alive until today.

Many people tought the btc will end up like a e-gold or liberty reserve.

The market is not fair and equal some people been told to invest cheaper price but nobody did not tell to me that.
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November 07, 2021, 03:51:03 AM
 #4

Yes they are stable but many retailers looking for action the movement.
The action risks and volatility can make us rich.
But stability will just hold the wealth what we all ready have.
But thats why the retail are here to get lambos its just natural for retailers if no movement why do you think a lot of retail traders investors have turned to panncakeswap..uniswap and other dex.
If you can get 5000% + gains its a lot of fun.
If we talk about utility and real use case then it would be USDT on tron solana and so....
the thing is many are disapointed about bitcoin we all wanted to get in early in btc but 10 - 20years ago we did not know or even expecting bitcoin to still stay alive until today.

Many people tought the btc will end up like a e-gold or liberty reserve.

Lol mate. If you want pump and dumps, then go with those. Bitcoin is one of the most important tools in this decade and you want it to also be a pump and dump?

As for utility, then again, go with the Ethereums and the Solanas if you want smart contracts. One of the best selling points of Bitcoin is that it only does a few things, but it does those things really REALLY well. Less "features", the lower the chances that things could go wrong.

The market is not fair and equal some people been told to invest cheaper price but nobody did not tell to me that.

"People end up buying bitcoin at prices they deserve."

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Anonylz
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November 07, 2021, 04:06:50 AM
 #5

Retail are turning into shiba since btc been stalled no action.
I dont think retail are here for utility i been spoken with my friends and they said they are in crypto only for one reason its called: " volatility" to be frank here im on same page.
What are the wall street and grayscale next plans to keep retail traders in bitcoin ?

But to be honest btc been quite stalled long time and now it should be time to move.
Eth is same past few days shiba is only who proofed to be active coin up and down as long as there is volatility we can short or long.

It is more convenient for some people to shout 'Utility' whenever they are involve in any crypto project than actual saying the reality,  this may not be the case for the vast majority but let's be honest, volatility  (profit maximisation) first before Utility,
Look at tones of project we have in the market that don't really have any Utility but are pumping in price anyways, there is a common goal 80% of crypto investors (retailers or not) are striving for,  volatility comes before Utility, it is a common fact.

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November 07, 2021, 05:38:17 AM
 #6

A while ago, we were in the range of 30 thousand dollars and today at 60 thousand dollars and at the beginning of the year we were at 10 thousand dollars and up to 60 thousand through 30 thousand
If these fluctuations are not meaningful, how will they be?
Retailers don't move the price like big whales, they move when prices move.
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November 07, 2021, 05:45:24 AM
 #7

Actually, Bitcoin also has had a big growth from July, but now Altcoin season is going on so altcoins are likely to be more active than Bitcoin. What is more, the bigger market cap is, the more difficult it is to raise the price, so it is harder to pump bitcoin than low market cap altcoins. So altcoins are more volatile than Bitcoin. In case of bear market, people get rid of altcoins first as they are considered to be more risky.
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November 07, 2021, 06:50:07 AM
 #8

The primary goal of majority of the retail investors of the crypto space is to increase their bitcoin holdings by gambling shitcoins. We all know that SHIB is equivalent to DOGE which is being fake pumped without any real value behind them. Bitcoin has matured a lot while comparing the ICO era where OGs hold the major stash and manipulate the market. With bitcoin prices rising at an enormous rate, a few individuals should have sold at varying time frames of the pumps and liquidized their bitcoin.

ETH has reached a stable position as well comparing to Bitcoin but the higher gas fees is posing a major threat which fuels quite a few new individuals and OGs to move towards centralized coins like SOL as an alternative for smart contract ecosystem. If you had taken a look at the mcap of various coins for the past 5 yrs, Bitcoin and Ethereum has never changed it's position from the #1 and #2 while a few alts disappeared from Top 10 like DASH and new coins moved to the top. This happens in every cycle and during the next cycle we may be witnessing the next new coins holding the position of #3-#10. Through this we can conclude that, investors are gambling new coins just to increase their bitcoin balance and nothing more.
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November 07, 2021, 07:25:01 AM
 #9

Retail are turning into shiba since btc been stalled no action.
What? You guys are too overhyped by shiba thinking that there's a sense to say that bitcoin was stalled by shiba.

I dont think retail are here for utility i been spoken with my friends and they said they are in crypto only for one reason its called: " volatility" to be frank here im on same page.
What are the wall street and grayscale next plans to keep retail traders in bitcoin ?
How are we going to know the plans of those big institutions? Plan yourself, plan what you're going to do even without those big names. So if you're just relying on them, you better get out of the market if they're not here too.

But to be honest btc been quite stalled long time and now it should be time to move.
Eth is same past few days shiba is only who proofed to be active coin up and down as long as there is volatility we can short or long.
Stalled? do you know what you're talking about bitcoin? Just look at the matter of months and its history for its price.

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November 07, 2021, 11:22:37 AM
 #10

There's a ton of tokens/coins that have more impressive price movements in shorter time frame if you look in the past, but all of them don't survive in the long run. I think you're either too impatient to hold BTC and ETH or just like high volatility coins.

That being said, if by retail you mean retail traders, of course most of the time they'll look for more price action. But at the end of the day, no one in their right mind would discard Bitcoin or other top coins just because some meme.

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