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Author Topic: Do not buy Kaspa  (Read 676 times)
alexrti94 (OP)
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January 19, 2024, 04:11:15 PM
Last edit: February 12, 2024, 05:12:04 AM by alexrti94
 #1

Kaspa is terrible coin, it will crash.

Everyone will lose everything. Buy Bitcoin. Do not buy Kas.

Mcap of Kaspa will decrease. Its code does not work, consensus is fake, coders are bad. Classic ponzi coin.
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January 20, 2024, 06:33:08 PM
 #2

Kaspa has over 1366 times more supply than bitcoin but it's a good coin with promising prospectus. It doesn't need to win over bitcoin as it's supposed to be a Layer 1 solution for smart contracts and dapps. So it's more like Ethereum 2.0 but faster and cheaper.
A relative success for them may mean they might have a good price. The scalability is not a problem at the moment and the fees are low but the TPS could be a limiting factor comparing to the competition like Solana and Ton in the future. Though they are planning to keep increasing the TPS but the nature of GhostDAG might have its limits.

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January 20, 2024, 06:50:12 PM
 #3

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

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January 20, 2024, 08:08:54 PM
 #4

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?

You just mentioned supply, halving, etc which can be said about any coin.  Why would this coin be any differe.t then the other useless coins that were created.  You literally can create a new coin that has all of those things in under an hour.  Copy paste bitcoin code and change some of the parameters.  Useless
alexrti94 (OP)
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January 20, 2024, 08:14:07 PM
Last edit: February 12, 2024, 05:12:27 AM by alexrti94
 #5

Kaspa is bad
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January 20, 2024, 08:22:57 PM
 #6

Quote
Kaspa isn't the only cryptocurrency that has levels of similarities with Bitcoin.
Quote
You just mentioned supply, halving, etc which can be said about any coin.

I absolutely disagree.

Litecoin, bch etc have it all. But they are not instant.

Bnb, xrp, sol, neo are instant. Or nearly instant. But they are not PoW.

Kaspa is the first and only coin with such properties. Bitcoin 2.0. Everything bitcoin has + real-time.
Don't be easily deceived, kaspa can be as good like you term it to be but for Bitcoin having a replica with outstanding values and potential, it will be quite difficult to accept the fact. And the worst is of this Kaspa being a memecoin,  you don't actually think with this becoming the second version of Bitcoin. Bitcoin cash tried and many more did as well but can never be outstanding unlike Bitcoin.

.
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January 20, 2024, 08:37:10 PM
 #7

   Honestly speaking, I can't deny that it actually has potential. In fact, I also have holdings in KAS, and there are also many other cryptocurrencies that have similarities to Bitcoin, not just Kaspa.

   I'm also saving for long-term holdings because their last ATH is around 8.4 dollars each. If I'm not mistaken in my research done there, then their market cap is not bad either. I thought to hold and save that too because I know if he will keep up with the rise on the day of the bull season as well.

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alexrti94 (OP)
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January 20, 2024, 08:43:08 PM
Last edit: February 12, 2024, 05:13:01 AM by alexrti94
 #8

Kaspa is the worst coin, fake, scam. Do not buy kaspa, buy bitcoin.
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January 20, 2024, 08:49:49 PM
 #9

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.

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January 20, 2024, 08:52:16 PM
Last edit: February 12, 2024, 05:13:15 AM by alexrti94
 #10

Bitcoin is the best coin
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January 20, 2024, 09:14:25 PM
 #11

There have been lots of other altcoins to have claimed to be similar to bitcoin but only a few has showed true similarities

Kaspa has been expected to rise a few years back and it still has potential to increase price in the next following months however calling it bitcoin 2.0 is yet to believable a lot of altcoins have bitcoin’s system but bitcoin still so far is the only one that has remained on the top

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January 20, 2024, 09:17:43 PM
 #12

Quote
Kaspa isn't the only cryptocurrency that has levels of similarities with Bitcoin.
Quote
You just mentioned supply, halving, etc which can be said about any coin.

I absolutely disagree.

Litecoin, bch etc have it all. But they are not instant.

Bnb, xrp, sol, neo are instant. Or nearly instant. But they are not PoW.

Kaspa is the first and only coin with such properties. Bitcoin 2.0. Everything bitcoin has + real-time.
About smart contracts - yes. They have plans to add them. But currently kas can't do it.
In the present days, we have been seeing crypto projects that are having similarities with Bitcoin so that they can be a topic of discussion.
I think this project would be a greater one in the future. I like projects like this because they could do better in the market in the nearest future. If the team knows what they are doing and know how to do the marketing that would make more investors to know about their project, in a short time, there market cap could go as far as competing with other crypto projects.

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January 20, 2024, 11:27:11 PM
 #13

No it isn’t, Kaspa is not Bitcoin 2.0 but is Kaspa 1.0 Cheesy I find it somewhat interesting how altcoins are trying to match up with Bitcoin and are fond of making comparisons. OP, Bitcoin is unique and nothing is like it at the moment. Altcoins are called altcoins for a reason. Just the fact that the creators of Bitcoin are unknown beats these Altcoins, let alone many other things like total supply, decentralization, etc. Compare Kaspa with its peers and leave Bitcoin for now. Grin
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January 20, 2024, 11:42:08 PM
 #14

In a technological perspective Kaspa can be called a hybrid version of bitcoin and ETH combined. It has similarities with bitcoin but one thing is missing, and that is the decentralization of bitcoin network. We can build a copycat bitcoin network, even though it can be better than the bitcoin network but the decentralization that the bitcoin network has can not be achieved by any project. It took bitcoin a long time to come to this stage, and most of the projects didn't survive this long.
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January 21, 2024, 12:41:46 AM
 #15

definitely not, its just trying to present us best of both worlds, PoW and Smart contract, but frankly speaking even ETC is also PoW based with smart contract even though it has its share of vulnerability experiencing 51% attack.
though I don't think kaspa will be bitcoin 2.0 but so far kaspa has implemented quite good technology that I guess help it get some pump in these recent times.

No it isn’t, Kaspa is not Bitcoin 2.0 but is Kaspa 1.0 Cheesy I find it somewhat interesting how altcoins are trying to match up with Bitcoin and are fond of making comparisons. OP, Bitcoin is unique and nothing is like it at the moment. Altcoins are called altcoins for a reason. Just the fact that the creators of Bitcoin are unknown beats these Altcoins, let alone many other things like total supply, decentralization, etc. Compare Kaspa with its peers and leave Bitcoin for now. Grin
I think people are trying hard to compare it with bitcoin just because it still retains PoW for validating each blocks therefore many people are interested in it thinking it would be bitcoin 2.0 and also the fact that it got smart contract might means its bitcoin with added ethereum capability, well to be fair, bitcoin will never get overtaken by such coin though.
there's reason why bitcoin could still dominate despite doesn't really designed for smart contract.

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January 21, 2024, 01:53:08 AM
 #16

Look at it, i advice it for everyone. This coin is really fast PoW. That was considred to be impossible. That's why PoS appeared.
And now that we have fast PoW i hope all pos trash dies.

Cryptocurrencies didn't move/use PoS because of speed, they used PoS because their users didn't need to use huge amounts of hardware power, but mostly rather internet bandwidth. A perfect example being Ethereum — it didn't speed up with their switch from PoW to PoS at all.

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January 22, 2024, 12:16:19 PM
Last edit: February 12, 2024, 05:13:35 AM by alexrti94
 #17

Bit[Suspicious link removed]d, kaspa - bad
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January 22, 2024, 05:49:18 PM
 #18

PoS is just centralized fake my friend. Ethereum is not real anymore.
PoW is real and PoW only. Bitcoin is slow PoW. And Kaspa is fast PoW. Kaspa is Bitcoin 2.0

You can call PoS centralized or whatever you want go ahead. But let's not act as if Kaspa is the first blockchain to sacrifice decentralization for more speed even with PoW.

You know what's funny? I don't think Kaspa is even trying to go against Bitcoin. Kaspa is a smart contract platform.

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January 22, 2024, 06:44:40 PM
 #19

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.

Yeah, even I am hearing about it for the first time and the OP thinks it is bitcoin 2.0.
Some people still believe there is a coin that will be replace btc some day, but even if this will happen, it will take a long time.
Despite the popularity btc has gained through out the years, there are still many who have not yet get involved.  Btc has not fully being legally accepted yet. So thinking another coin will become btc 2.0 just is unrealistic.

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January 22, 2024, 07:07:39 PM
 #20


now that the price is down. i think i'm going to start buying some of KAS. probably after the bull season, mining KAS will be a good start also.

i only heard of the coin when the price touched $0.14 months before Jan. i think the project could be huge in the coming years so its best to just be prepared after all the price can be this low yet and nothing can be wasted when we sell and buy back when time comes.

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