Bitcoin doesn't have a bright future anymore

[Reid]

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

eth is the safest bet to get rich with medium speed

So that's it. It's because of the "get rich fast" goal. What you said in the opening thread might be correct. Bitcoin is not for you.
Go Metaverse, NFT or try meme coins, maybe out there you will find what you are looking for. If you look at history of Bitcoin it was never meant to be a rush profit investment.
If you had come earlier then you could've joined the ICO hype and there you might had the chance to achieve that goal of yours. I doubt about BNB making a big movement in value when Ethereum goes back to normal.

[noormcs5]

As long as Bitcoin is the number 1 cryptocurrency, it will be a very safe bet as a future money.

I highly recommend looking into crypto a bit more. You have much to learn.

Bitcoin will remain as the number one currecny and there is no way any other altcoin flip the bitcoin on coinmarketcap. Ethereum may have this potential but it will not be possible because there are many investors who  solely wants to invest in bitcoins. Only bitcoin has a true limited supply and 100% decentralzied. If you clsoely examine bitcoins with other altcoins, who will feel the difference and if crypto market gets more adopted, bitcoin will be a major part of it.

[bittick]

I’ve read that in comparison to precious metals, Bitcoin is gold & LiteCoin is silver. 

This is not relevant anymore. Calling litecoin as a silver is a non sense thing for sure. there was a better coin to be called as silver rather than litecoin. this is why this not relevant. litecoin is just the same like any other altcoin and it doens't even have utility usage. I doubt that to call this as a silver.

Would LiteCoin not be considered Bitcoin’s closest rival?

Litecoin would not be considered as the closest rival for bitcoin but ethereum would. It's caused by litecoin already degrade and i see that people are actively jumping into the new project rather than use litecoin. this is not also store of value like bitcoin.

[Ngewex Yuk]

This is usually from investors who lose because the value of bitcoin drops, if later bitcoin returns to $60k then he will say "bitcoin is very profitable", as investors of course we already understand all the risks, this is what makes me never too excited to buy cryptocurrencies but only buy from the remaining money in the pocket.

[cryptomaniac_xxx]

This is usually from investors who lose because the value of bitcoin drops, if later bitcoin returns to $60k then he will say "bitcoin is very profitable", as investors of course we already understand all the risks, this is what makes me never too excited to buy cryptocurrencies but only buy from the remaining money in the pocket.

Don't care what other people say if you basically have your own belief in this so every decision you make is based on what you already know not because of the encouragement of other people's words in the crypto space.

I just everyone has it's own opinion, but basically it doesn't make sense to really say that bitcoin doesn't have a bright future just because of the price drop.

But if you are going to look back, there are cycles in the market, and during the bull run, that is where we take huge profits specially if we've been holding bitcoin for so long. But with the current conditions, of course our portfolio doesn't look good. But we should continue to accumulate and save a lot of bitcoin for the future as it shows that bitcoin is still profitable as compare to other assets.

[fullhdpixel]

Bitcoin doesn't have a bright future anymore? What cave have you been hiding in? On which planet?

Bitcoin very much has a very bright future. Look at the volume of the market cap. Look at the adoption. Did you not see an entire country adopt Bitcoin and make it legal tender?
If anything, you are not going to make many friends on BITCOINtalk with such an attitude.  

As long as Bitcoin is the number 1 cryptocurrency, it will be a very safe bet as a future money.

I highly recommend looking into crypto a bit more. You have much to learn.

I think he lives in the rock where Patrick lives . Bitcoin has a brighter future than his because he does not have a knowledge in the latest technology (blockchain and bitcoin are among it) but peace bro, that is only a joke and please do not take that seriously because I know you are just trolling us and the reason why your doing that could be your trying to spread FUD or your trying to scare someone but it does not affect us because we are a strong supporter of bitcoin and cryptos but for a weak person that might affect them. Dont worry he can still find friends here in bitointalk because not all here are good people but there are also people that are like him .

[poldanmig]

It's normal when the market is red that people say things like this, scam, have no future prospects and so on, but when their profits are silent, for me when investing in cryptocurrencies that are full of risk, of course, I have to understand that the opportunity to lose is the same, unfortunately most of us just heard success stories so wanted to follow them.

True, I think we've heard that a number of times when the market was in a bad state, even when crypto experienced a pretty drastic decline in 2018, many people said that it was the end of crypto developments in the world, but in fact it's actually slowly and surely crypto is coming back and even starting to be accepted as one of the investment assets that is quite promising in achieving profits, investing in crypto of course we must have faith and also in-depth knowledge about crypto, and not because interested in seeing other people who are successful from investing in crypto because I think people's fates are different.

[Jackl87]

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.

Well it's pretty basic math that there is not much room anymore for BTC to do another x5 or even a x10 from here on as the early investors already made a x1000 or even way more. The same is also true for ETH though maybe not to the same extent but still the early investors of ETH also already made a x1000. What is also a factor that speaks for BTC is the fact that for most people that are not so much into crypto it is still true that cryptocurrencies = bitcoin because that is the only crypto project that they know so if such people enter the crypto space they are mostly investing into Bitcoin first and maybe later they invest into other projects too.

[iv4n]

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.

Well it's pretty basic math that there is not much room anymore for BTC to do another x5 or even a x10 from here on as the early investors already made a x1000 or even way more. The same is also true for ETH though maybe not to the same extent but still the early investors of ETH also already made a x1000. What is also a factor that speaks for BTC is the fact that for most people that are not so much into crypto it is still true that cryptocurrencies = bitcoin because that is the only crypto project that they know so if such people enter the crypto space they are mostly investing into Bitcoin first and maybe later they invest into other projects too.

Basic math... we can play with that you know! Bitcoin at $1 million, it's x25 from now! Or you can take Ripple for another example and imagine it's going to be $100 (which is pretty impossible or not?!) and it's over x100... and you can add more examples, but the main question is do you believe that Bitcoin will hit $1 million before ripple hits $100?! So in the end, like always, every investment has its risks and possible gains... it's why we have odds and chances! Please don't get me wrong, I am not arguing you here, I belive there are some coins that can make x1000 or more in the future, but they are riskier than investing in Bitcoin and waiting for some safe return!

[QueenVera]

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.

Thread creator is forgetting that if bitcoin does not have a bright futures, none of the coins pointed out will have their gains. The only reason this coins raise in price is because Bitcoin raises then people look to make gains else where then pump the price of this project when many should not be worth what they are currently worth. What is built on Binance Smartchain for it to be worth $430 or what is built on others?.
Ethereum is the only project that can boldly say it has contributed to the growth of the market for it to be worth what it is currently trading out, the rest are just hyped especially what is happening with Solana.

[isaac_clarke22]

~

I often here about this Solana when it comes to investment questions by the newbies. Was the coin really hyped that bad to be recognized a lot along with these trends like metaverse and NFTs?
Obviously 99% of the altcoins in the market will just disappear into thin air one day, as most of them are particularly copy-pasted coin from another similar project. I can imagine having another snapshot of CMC this year and another decade forward and it will be all hella different.

[jaberwock]

For me 2-3x is already quite high, there is no passive in crypto considering the price is always a long-term correction, I think ETH and BNB will be brighter in the future, now popularity is increasing, of course many people are also looking at the two coins, if in the next 2-3 years the bitcoin price doesn't reach the new ATH it will also affect other altcoins but I'm sure the next bull run will happen again in the future, we'll just have to wait for it to happen.

There is sure going to be increase in the price of Bitcoin, we are going to see another all time high price soon. It has become the normal thing that happens after there is a halving in the market supply. So the next halving will probably be leading us to another all time high price. As for ETH, and binance coin, they are both really good cryptocurrencies which I would also recommend for anyone who wants to invest in any alternative than Bitcoin.

Binance is one of the top exchanges that we have in the market, if not the number one exchange. So, there is no doubt that the coin it owns will also continue to grow in value as the platform continues to grow. So, investing in the binance coin is a good choice to make. That is also the same thing with ethereum, it doesn’t need any explanation at all as a lot of people already know about it and it is the number one altcoin that we have in the market.

[ultrloa]

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.

Yes, it's true that if BTC can't make ATH anymore then it will make some other altcoins also not able to have a better value because so far if we look at almost all altcoins in the market their price movements are strongly influenced by the price of bitcoin except the price of meme coin which is where the price is influenced by hype and is often manipulated by investors who have large capital.

Because it was the well known crypto that's why many people look at it as a basis on how the market moves and certain people mindset influence others that's why we see a huge decline of altcoin market once bitcoin dumps. On side note I don't think ethereum would really surpass BTC since as you said it is also relying on how things go with Bitcoin and when bitcoin collapsed the top 2,3 and so on never jump over on btc so far.

[dbc23]

Metaverse has a well polished future but that doesn't mean Bitcoin has reached its threshold. What do think will happen when bitcoin gets more adoption, what do you think will happen if the market cap increases. Bitcoin still has a very long way ahead but it's always wiser to diversify and NFTs  and Metaverse are nice options to pick from

[Slow death]

this seems to be a post from a super frustrated guy who was so frustrated he became blind and is not seeing the market correctly, of course I'm not an expert but even someone like me can see that bitcoin is much better than ETH and much better than all that what OP is talking about, OP good luck investing your money in these things you wrote and don't come complaining here when you lose money

[Coyster]

Good coins are Eth, Terra luna,Bnb

Eth is definitely a good coin, I don't know about Terra Luna and Bnb, if you believe in them to give you good return on investment, then fine, of course you're free to Invest in any project of your choice cause your bear the risk, profit or loss. But having said that, your opinion about Bitcoin is wrong, Bitcoin is the best possible coin one can invest in especially for the long term, it's better to choose Bitcoin and hodl on to it, than to choose a pump and dump coin that will dump and prolly not rise again, but well, everyone is free to make their own choice of investment notwithstanding people's opinion.

[deean_3one]

I thought, that's not true. Bitcoin remains the best. Bitcoin still benefits and can guarantee the future.

[Maslate]

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.

Well, I have to see what is your basis then.
Honestly, what you have said is just pure speculation. Will if you can see the journey of Bitcoin and its price improvement, you can really see that it was growing which I believe that you are wrong with your presumptions.

Don't fall into the wrong beliefs, Bitcoin is growing and really sustainable. May the altcoins are not but those leading coins are going to stay and will grow together with Bitcoin.

[tsaroz]

Bitcoin arguably is the most decentralized currency. It has a limited supply and is a brand of its own. Even though it may or may not have utility in the future, it would always be a rare collectible for every crypto enthusiasts. It's low supply and high price would make it a premium coin which gets harder and harder to get each year. The charm might not be the same, but it would be the coin that shines in the history book.
I'm more doubtful about the future of Ethereum than  bitcoin.

[Teraboy]

I thought, that's not true. Bitcoin remains the best. Bitcoin still benefits and can guarantee the future.

Yeah but some people who are pros with altcoins and they can't accept the fact if bitcoin is still ruling everything and it seems like the new dump is happening with bitcoin. Ethereum fans sometime was blaming if bitcoin has no potential but they didn't even remember if ethereum was also growing from nothing to something caused by bitcoin. Calling bitcoin doesn't have a bright future is a non sense thing. Even there was a news if warren buffet indirectly investing into the bitcoin and this proves bitcoin is still reliable to be used as investment. The chance for bitcoin to growth into the trillions marketcap will always there. People don't understand about that and they keep think bitcoin is overrated.