Do not buy Kaspa

[Mate2237]

Is Kaspa a new altcoin in the cryptocurrency ecosystem space? Because this the first time I am hearing this and the coins is even doing good in the market. It rating $0.0996 from the Coingecko. But the matter what it can't compare to bitcoin even though it has the features and characteristics of bitcoin. This can't be a decentralized in nature and there is no whitepaper in this token which you said looks like bitcoin.
Look at the project site https://kaspa.org/

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[andyou1234]

I don't think so, because no matter how well Kaspa works, it is impossible to match Bitcoin's achievements, both in terms of capacity, decentralization and even the network it provides.  Even though sometimes the Kaspa network is better than Bitcoin, it still has many shortcomings, therefore I personally prefer ethereum as a replacement investment for Bitcoin.

[bitbollo]

basic rules. NEVER look for any "second bitcoin". it doesn't exist, it practically cannot exist.
any coins that promote themselves as "second bitcoin" is likewise a scam.
Pay attention that some of these aspects highlighted in this coin are something "pretty common".

[rhomelmabini]

They have maximum total supply, like Bitcoin
PoW like Bitcoin
Halvings like Bitcoin.

10 blocks per second on Testnet vs. 1 block per 10 minutes on Bitcoin

You can scan QR code. In 0.1 second block is created. In 1 second 10 confirmations. And you don't even need these 10 blocks. Because if several blocks are created at the same time - they all are added. So if you get into a block. This block can't be cancelled by other blocks.

Testnet. 10bps
http://104.11.218.91:8080/

Mainnet. 1bps
https://explorer.kaspa.org/

Bitcoin. But a real-time method of payment. What do you think?

There has been numerous copycat saying this already but it dies out over the years but Bitcoin remains at the top. There's nothing like Bitcoin 2.0 because there will only one Bitcoin, yeah that was the term they use just to promote the coin but they will remain Kaspa. It may have surge in price and we may see it as a trend but for me that's not another Bitcoin.

[poodle63]

I don't think so, because no matter how well Kaspa works, it is impossible to match Bitcoin's achievements, both in terms of capacity, decentralization and even the network it provides.  Even though sometimes the Kaspa network is better than Bitcoin, it still has many shortcomings, therefore I personally prefer ethereum as a replacement investment for Bitcoin.

thats right, i think many people forget the fact that its not the matter of how much block processed a second that determine the next bitcoin, bitcoin will always be the digital gold, its the first ever cryptocurrency released and if there's some capability that trying to be implemented by other coin doesn't necessarily will become replacement for bitcoin, lets be real here, kaspa might have capability of smart contract and so on, but so does bitcoin fork, also so does the bitcoin L2 even right now there's inscription ordinal that kinda acts like smart contract and after all that bitcoin is still number one anyway.
bitcoin being considered a digital gold because it is, it dominates the market because i think its definitely the only cryptocurrency being considered as the best, like how people consider gold to be the best despite there are many precious metal other than gold.
my point being though, doesn't matter how good the tech of other coin is, bitcoin will always be number 1.

[Fundamentals Of]

Lol. That's not Bitcoin 2.0. You can probably consider it shitcoin 500,000.00. Lol. If you want to use Bitcoin as its reference, then you can consider it Bitcoin 300,000 point ow. Lol.

Seriously, shitcoins should stop using this kind of promotion. It only makes their project cheaper, something less innovative and just a mere copycat. They better be mentioning their own unique and helpful features.

And this marketing strategy that calls their coins Bitcoin 2.0 or Bitcoin or Ethereum killer is so old and obsolete. They need to think of another one that would sell.

[God bless u]

First time hearing about Kaspa Coin So just imagine that, like me, many others still don't know about that coin. Then how would it be Bitcoin 2? I am pretty sure you are Shilling their project. There are a lot of similar coins, even hard forks of Bitcoin. But sadly, they didn't become Bitcoin 2 or something similar. Each coin would have individual features; it's not necessary that they compete with or replace the bitcoin. All blockchains won't be secure like Bitcoin, which is truly decentralised. So it is better not to compare any other coins with Bitcoin at all.

From the past few years I listened that etherium would be next bitcoin but until now didn't reach to the price of bitcoin I think bitcoin will be king of cryptocurrency at all the time so we shouldn't compare any coin with bitcoin.
Because bitcoin can never die as we saw how many times it's fall down but again they have a big run from all.

[johnsaributua]

The bitcoin throne behind a very sophisticated function and for me a pioneer in the world of crypot curency has very good trust to date, so the price of bitcoin continues to recover towards and beyond 2021, yes ath all-time high. This Kaspa I see doing pembelin on its internal website with currencies in various countries so there are options, haven't stopped selling internally? I didn't make a wallet because I'm not interested at the moment. Maybe cex is also available with existing pairs. Graphite shows Q4 2023 experiencing a very drastic pump X10 from the previous month, if compared to BItcoin for me it is still far away because it is more worthy of being compared to solana or maybe SHIBB in accelerating the percentage increase, I don't see anything that can be valued more, but if there is a side fund like it is worth waiting for the bull run.

Many statements that there are those who will kill bitcoin and surpass such as YFI in terms of price, the fact is that it slumped 10X dump due to trust and panic sells maybe, or other altcoins such as ETH and bnb maybe in the past there were so optimistic, but the legend is difficult to subvert because bitcoin is a unique and very amazing currency, If copycats want to subvert bitcoin it is a big dream, although it may happen in the future, but I still have a special view on bitcoin.

[cryptoaddictchie]

Kaspa isn't the only cryptocurrency that has levels of similarities with Bitcoin.

But do you know what these cryptocurrencies don't have? Actual decentralization that could survive a nation-state attack.

Bitcoin's decentralization: no leaders
Other crypto's decentralization: multiple leaders

This is right maybe Kaspa is quite running smoothly now but for sure there are big holders or premine of this coins or teams tokens so its not really good if those people dump on holders then the price could eventually go down. Im not into minign but if you incorporate trading with this, surely it will affect the price especially there are plenty of miners of kaspa for sure who wanted to roi their investment.

[moneystery]

kaspa is kaspa, bitcoin is bitcoin, you can't say that someone impersonating you is you, right? and so with this kaspa, even though it has supply, pow, and various other things that are similar to bitcoin, that doesn't make it bitcoin 2.0, because there is no such thing as bitcoin 2.0

but i can say that the features they offer are quite interesting, where the transaction speed is above bitcoin. but even so we cannot say that people will choose that coin because its security and credibility are not guaranteed and it is not decentralized like bitcoin.

[elevates]

I have been hearing about Kaspa a lot these days and some are saying it is a better version of Bitcoin so is Litecoin. Copying Bitcoin and improving the blockchain doesn't make Kaspa as Bitcoin 2.0. The only benefit I can see about Kaspa is that it is easy to mine and has a market price. If anyone wants to minie this new copy cat of Bitcoin then they should go ahead before this project also dues and fade away like other altcoins. Ultimately except a few a lot Bitcoin copy cat have already got extint before they could replace Bitcoin or challenge it's existence.

[doubletheprof]

Kaspa is not really a BITCOIN 2.0 but a unique altcoin with a HUGE HUGE potential

[yazher]

I have been hearing about Kaspa a lot these days and some are saying it is a better version of Bitcoin so is Litecoin. Copying Bitcoin and improving the blockchain doesn't make Kaspa as Bitcoin 2.0. The only benefit I can see about Kaspa is that it is easy to mine and has a market price. If anyone wants to minie this new copy cat of Bitcoin then they should go ahead before this project also dues and fade away like other altcoins. Ultimately except a few a lot Bitcoin copy cat have already got extint before they could replace Bitcoin or challenge it's existence.

I think they should get their name and work from that by not comparing themselves to Bitcoin because there are already lots of projects we came across in the past that weren't really successful. The last time they made Bitcoin version 2, they even claimed that they were the one who created the original Bitcoin and they were enthusiastic with their claim, they even managed to fool some people into investing in them but they offer nothing new anyway, just some copycat who wanted to get some attention. If Kaspa is truly a working project and has huge potential, they should not worry about comparison rather they work on their developments and constant updates for their investors.

[batang_bitcoin]

Kaspa is not really a BITCOIN 2.0 but a unique altcoin with a HUGE HUGE potential

That's why they say that it has a huge potential and from the time that it was started, a lot of increase has been made already for it.

I have been hearing about Kaspa a lot these days and some are saying it is a better version of Bitcoin so is Litecoin.

I don't hear that people say that it's better than Bitcoin. But because of the ETH transitioned to PoW from PoS, this is why people have looked for another PoW project and this is many of them have ended up mining the coin.

[jaberwock]

Lol. That's not Bitcoin 2.0. You can probably consider it shitcoin 500,000.00. Lol. If you want to use Bitcoin as its reference, then you can consider it Bitcoin 300,000 point ow. Lol.

Seriously, shitcoins should stop using this kind of promotion. It only makes their project cheaper, something less innovative and just a mere copycat. They better be mentioning their own unique and helpful features.

And this marketing strategy that calls their coins Bitcoin 2.0 or Bitcoin or Ethereum killer is so old and obsolete. They need to think of another one that would sell.

Damn, that must have hit them hard . But there is no point of showing an affection. In fact I was also going to say that the word "Kaspa" in our local language means hair parasite, lol. But yeah, there is no such thing as Bitcoin 2.0 in a form of another coin. And if ever there will be, that will only be an upgrade of the current Bitcoin, like what happened with Ethereum last time and it was now called as Ethereum 2.0 today.

Shitcoins has nothing special to offer, so they just use those taglines instead as one of their marketing tactics in order to draw attention from the public, but that was only limited to that. Many of us won't still invest on them.

[Churchillvv]

There is a hard fact that most of this shillers or altcoiners forget when trying to classify Bitcoin or compare Bitcoin with some coins that where created lately as Bitcoin 2.0 is that Bitcoin (BTC) is a paradigm shift that can't be compared with any forks because it's the original with high rate of privacy and safety. the only coin that has such privacy is Monero but yet can't still be compared to Bitcoin.

Bitcoin isn't compare or doesn't have a duplicate because it is performing one it's main purpose right now. kaspa is good but it's as good as speculated. it has its flaws because its dependant on one man decision and bitcoin that isn't regulated at all.

Bitcoin is Bitcoin not 0.1 or 1.0

[alexrti94]

This forum should not buy any kaspa. I want you all to suck

[riantolie]

There is no Bitcoin 2.0. Bitcoin doesn't have a CEO and PR company. But it's still a good coin with potential.

[Belarge]

I have read all your posts. All you say it's 2024. No one ever created better Bitcoin. That's why it is impossible.
That is the same as to be against litteraly everything. You can't build cars, there are horses. You can't build telephone without wires. And you can't send instant message over the world because someone needs to deliver the letter.

Progress does not stop. Same way as Bitcoin was created. The same way something better than bitcoin is created.

We invest in projects we thinks it's good for us and not follow the trends and invest in projects one knows nothing about. Bitcoin have come to stay and it's no fraud, the heavy dump season, it still survived despite the long bearish candles formed, we lost quite good fortune of our funds stored in portfolio, perhapes lesson learnt and we're moving to get better results. Bitcoin stands to remain the best project that have ever happen to Cryptocurrency, it's weigh out of our range to watch Bitcoin doing the most fluctuateable movement in the market.

[poodle63]

I have read all your posts. All you say it's 2024. No one ever created better Bitcoin. That's why it is impossible.
That is the same as to be against litteraly everything. You can't build cars, there are horses. You can't build telephone without wires. And you can't send instant message over the world because someone needs to deliver the letter.

Progress does not stop. Same way as Bitcoin was created. The same way something better than bitcoin is created.

We invest in projects we thinks it's good for us and not follow the trends and invest in projects one knows nothing about. Bitcoin have come to stay and it's no fraud, the heavy dump season, it still survived despite the long bearish candles formed, we lost quite good fortune of our funds stored in portfolio, perhapes lesson learnt and we're moving to get better results. Bitcoin stands to remain the best project that have ever happen to Cryptocurrency, it's weigh out of our range to watch Bitcoin doing the most fluctuateable movement in the market.

the thing is that, from the perspective of investment bitcoin is considered as gold, the other coin that come after bitcoin is like other precious metal that come after gold, they can be giving out better feature as you mentioned, doesn't necessarily it will replace bitcoin, bitcoin is becoming the mots dominant coin in the market for a reason that is because it is the pioneer of cryptocurrency, the one that started the whole market.
even if there's other coin thats better well, they will just become another coin why even say its bitcoin 2.0 anyway its not like it needs second version of it.
moreover, if we are talking about features and innovation bitcoin isn't lacking the L2 that could give feature such as smart contract while still using proof of work, i think bitcoin 2.0 is just silly words.
bitcoin is bitcoin and kaspa is kaspa, entirely different market base.