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Author Topic: Bitcoin doesn't have a bright future anymore  (Read 762 times)
dhru9 (OP)
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February 11, 2022, 05:19:08 PM
 #1

All the gains with btc were made already if we are looking for 4 years from now is only 2-3x .


ETH I could see 5X in the next 4 years it has lower marketcap and better roi.



I wouldn't bet on metaverse coin yet because all the project look superb. look at sandbox, decentraland is not look like they have bright future too.


Terra luna is intersting decentralized stable coin and this cool project.


eth competitors will faid away when eth 2.0 is arrived. i don't see why anyone would build in solona . recently they just got hacked.


Cardano is hard to develop on there are no need for eth competitors.


I like bnb though i think it has good future its the easiest to develop on regular coins and it's safe.




Good coins are Eth, Terra luna,Bnb

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February 11, 2022, 05:22:42 PM
 #2

2x-3x is pretty much just $1.6 trillion - $2.4 trillion in marketcap. Do you really think that's the highest that bitcoin can go lol? Even gold alone is like $10 trillion in marketcap.

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dhru9 (OP)
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February 11, 2022, 05:27:30 PM
 #3

2x-3x is pretty much just $1.6 trillion - $2.4 trillion in marketcap. Do you really think that's the highest that bitcoin can go lol? Even gold alone is like $10 trillion in marketcap.


It will do more but you wont get rich fast from it anymore.

eth is the safest bet to get rich with medium speed

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February 11, 2022, 05:28:12 PM
 #4

It's still the best in terms of risk:reward ratio.

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February 11, 2022, 05:38:05 PM
 #5

It will do more but you wont get rich fast from it anymore.
As the price and marketcap goes higher, potential profit drops. But at the same time the investment risk drops as well.

eth is the safest bet to get rich with medium speed
Bitcoin doesn't have any competitors — while Ethereum has Solana, Avalanche, Cosmos, Near, etc closely behind; with them pretty much at war with each other. And to add to that, Ethereum is supposedly going to move to PoS this year(assuming no delays), hence posing a significant risk.

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February 11, 2022, 06:21:50 PM
 #6

Nobody is asking you not to invest on altcoins which are centralized, I do not find it difficult to know when El Salvador only accepts Bitcoin as a legal tender and why Russia only wants to accept bitcoin as a currency, Bitcoin is decentralized which make it superior.

All the gains with btc were made already if we are looking for 4 years from now is only 2-3x .
That is wrong, we have not known the lowest price bitcoin will dropped to, also we are expecting six digits after next halving. Do not just make conclusion about what you do not know how it is going to happen.

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February 13, 2022, 06:19:28 AM
Last edit: February 13, 2022, 06:38:24 AM by Accardo
 #7

I don't think Ethereum will have a bright future if bitcoin doesn't hit another ATH. Bitcoin has a cheaper network fee compared to Ethereum. On the other flip, Ethereum utilizes blockchain technology for transactions, yet they have a high gas fee. Moreover, Ethereum's performance depends on Bitcoin.

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February 13, 2022, 06:26:32 AM
Last edit: February 13, 2022, 06:51:53 AM by davis196
 #8

Nobody gives a flying f*** about your opinions. Grin
If you like ethereum and shitcoins that much,then just buy ETH and shitcoins and expect their prices to go x100.Good luck with this.There's no need to shit over Bitcoin,when you praise altcoins.
The ethereum price will never increase 5 times.You just made me laugh.This is totally delusional.
Even 50% price increase would be too much for ethereum.
There are some cool DeFi/altcoin projects here and there,but I'm always skeptical and I would never buy coins/tokens,that are issued by a brand new project.
I think that this forum post should be moved into the Altcoin discussion forum,since OP is praising all the altcoins. Grin

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February 13, 2022, 06:49:47 AM
 #9

There are thousands of coins in the market, which are better than bitcoin in terms of speed, convenience, scale up possibility, smart contracting etc. They are already available and not a myth. But did that bring bitcoin down? Nope! Bitcoin is the pioneer of the crypto market and this entire billion trillion dollar game we are seeing, all started with Bitcoin. So no matter how slow and expensive bitcoin is, or how technically backward it is, there's no way bitcoin will go down.

In my language it is called - Baap Baap hota hain!

Don't you think we all invest in other coins? Yes we do! But the major portion of my portfolio, is still bitcoin! It's like a backbone of the crypto market. If it goes down, the market goes down!

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February 13, 2022, 07:12:13 AM
 #10

Well you just got to see how bad the future could be but I don't think BTC will be that bad in the future, you just have to look at which of the blockchain today is really decentralized compared to BTC.  Over a decade, its already worth $42K, that's something that ETH or any other altcoin can't achieve in a decade. The supply of ETH could tank but BTC supply will just be 21M. There is no other else that will rise on BTC but the marketcap and the price.

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February 13, 2022, 07:36:16 AM
 #11

2x-3x is pretty much just $1.6 trillion - $2.4 trillion in marketcap. Do you really think that's the highest that bitcoin can go lol? Even gold alone is like $10 trillion in marketcap.


It will do more but you wont get rich fast from it anymore.

eth is the safest bet to get rich with medium speed
Well, it certainly seems like you are predicting where the market will be in the coming years  Huh Huh Huh This is wide-guessing to me because Bitcoin could go higher than what you think.

I don't think it has always been about getting rich fast or quick and it has been a notion that some especially the newbies think of investing in cryptocurrencies even though some have been lucky with their investment but not aught to be the focus.

I believe Bitcoin has been and will always be a better investment when it comes to crypto and the rest will play catch up.
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February 13, 2022, 08:02:25 AM
 #12

Those numbers you presented are actually a case for a bright future. Unrealistic gains are not the purpose of all of this, and technological innovation is constantly coming from crypto camps, so if BTC does stagnate a bit, that's not a problem because there are a lot more interesting options in the crypto-verse. I don't think BTC has anything to offer anymore besides a store of value, but that's still a good investment. And there is room for everyone to coexist, with its own set of values, fans and uses.

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February 13, 2022, 08:40:43 AM
 #13


Good coins are Eth, Terra luna,Bnb

Lol, good luck as well to your altcoins portfolio. Just to explain though, the market works in cycle, we have the bulls wherein bitcoin and other altcoins like the one you mentioned are going to reach a new all time high. And after that, a bearish trend, so what you are seeing is a bearish cycle, what you gonna say when bitcoin hit's 5 digit in the next bull run? still doesn't have a good future?
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February 13, 2022, 08:45:56 AM
 #14


Good coins are Eth, Terra luna,Bnb

Lol, good luck as well to your altcoins portfolio. Just to explain though, the market works in cycle, we have the bulls wherein bitcoin and other altcoins like the one you mentioned are going to reach a new all time high. And after that, a bearish trend, so what you are seeing is a bearish cycle, what you gonna say when bitcoin hit's 5 digit in the next bull run? still doesn't have a good future?

And just to add to that, ETH, Terra, BNB and Luna and the rest of the altcoins is still dependent on the price of bitcoin. So it bitcoin goes down, and so is the majority of the altcoin market. So what the OP said just contradicts everything.

And for the record, if you are talking about supply, those altcoin has literally more than bitcoin. So bitcoin is going to be in demand in the future.

Just wait for the next bull run and we might see bitcoin going more than $100k.
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February 13, 2022, 09:23:25 AM
Merited by BlackHatCoiner (2)
 #15

You can not say about Bitcoin like this if you are aware that it has been changing the world.

An evolution which reshapes the finance world should be recognized with higher position and importance. There is difference between ROI for your investment with Bitcoin and Bitcoin future.

Get back to the future of Bitcoin, it is still bright about its adoption as well as price growth
  • Adoption: it's the best ever in history. Much better than the Internet
  • Price: Let's see its future supply which has less than 10% compares to total supply from now till 2140. Together with its small future supply in next 120 years, and its fast ever growth rate/ adoption rate. What do you think?


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February 13, 2022, 09:50:07 AM
Last edit: February 13, 2022, 10:14:03 AM by Rikafip
Merited by BlackHatCoiner (2)
 #16

All the gains with btc were made already if we are looking for 4 years from now is only 2-3x .
Good one. Four years from now we will have another halvening meaning less BTC will be created while demand will go up. You can figure out for yourself what will that do to the price. I made a same mistake as you back in 2013/2014 when I thought that I am too late for BTC and we can see where are we now.



eth competitors will faid away when eth 2.0 is arrived. i don't see why anyone would build in solona . recently they just got hacked.
Thing is, I am not so sure that we will see ETH 2.0 any time soon.



I like bnb though i think it has good future its the easiest to develop on regular coins and it's safe.
You can see in the image below everything that you have to know about BNB safety.





Good coins are Eth, Terra luna,Bnb
Good luck with that once we hit bear market. Obviously you haven't learned anything from 2018.

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February 13, 2022, 09:51:58 AM
 #17

Bitcoin is the safest investment. Keep in mind that the value can go up or down. So when you talk about how easy it is to get rich off an altcoin, it's usually the other way around. Investing in bitcoin is much better.
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February 13, 2022, 09:55:44 AM
 #18

All the gains with btc were made already if we are looking for 4 years from now is only 2-3x .




Good coins are Eth, Terra luna,Bnb
No one forces you to favor nor buy Bitcoin than those you mentioned but what I am seeing ? is that you are just shilling for those coins that stays in your folio and not the truth about Bitcoin.
Yes maybe Binance and Eth is a good choice but the safest? I'm afraid you can find any coins safer than Bitcoin.

so Lets just stay in our investments and lets see what will come in the next 4 years.









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February 13, 2022, 09:58:24 AM
 #19

-snip

Of course, and why should we believe you? Maybe you are an investor with exceptional results to back up your argument, if so, show us proof, but I doubt it.

I found the post interesting, not so much for what you say as for the answers, and I am surprised that no merit was given to the answers. I would have given some but I'm out at the moment.

It is clear to me that what you say was also thought by many in the past: those who bought at $1 and sold at $10 or bought at $10 and sold at $100, to give examples using round numbers.

As the price and marketcap goes higher, potential profit drops. But at the same time the investment risk drops as well.

Good way to sum it up.

  • Adoption: it's the best ever in history. Much better than the Internet

For these and other reasons I still believe that Bitcoin has a brigth future, and I hope that the analogy between Internet adoption and Bitcoin adoption, which I have heard before, ends up being true, because it means that for Bitcoin holders, the best is yet to come.

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coinism
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February 13, 2022, 10:08:49 AM
 #20


No one forces you to favor nor buy Bitcoin than those you mentioned but what I am seeing ? is that you are just shilling for those coins that stays in your folio and not the truth about Bitcoin.
Yes maybe Binance and Eth is a good choice but the safest? I'm afraid you can find any coins safer than Bitcoin.

so Lets just stay in our investments and lets see what will come in the next 4 years.

Comparing bnb with Bitcoin is just like comparing apple with oranges. BnB is centralized coin that can never compete with decentalized coins like btc, eth etc. 4 years is quite a time, if you invest in btc then you can get good return in year or two as evident from btc historic price chart. Between price of all coins be it eth or bnb are linked with btc. If btc goes up, everything goes up and vice versa.
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