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Author Topic: Bitcoin not coin memecoin  (Read 766 times)
Raflesia
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June 15, 2024, 08:55:10 PM
 #81

bitcoin will continue to increase and that is a certainty but when talking about going up or down in a certain period of time then that will also happen because the fluctuating nature of bitcoin will obviously continue like that so there is no need to be strange when bitcoin has increased or decreased but certainly for a long period of time bitcoin will continue to increase over time so we just need to but enjoy that process.

As for the question of bitcoin affecting altcoins, the answer is yes, although not directly because in the end we must also realize and many people always say bitcoin is the king, so when the king experiences a decline, the impact will be felt for altcoins even the decline is much more than expected so that indeed this becomes a sure thing where bitcoin will continue to affect altcoins so that indeed in this case we always say that the risk of being in altcoins will be much higher than when we are in bitcoin in the end.

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June 15, 2024, 08:58:49 PM
 #82

Bitcoin is a currency, not a stock, and that means it will go up if it has more adoption and will go down if it receives less adoption as in people leaving it).

Right now, only a tiny percentage of the global population holds Bitcoin right now so as more people keep buying it, the Bitcoin price will continue to go up until such a time when a healthy percentage of people have already bought their Bitcoins and there are not as many buyers.
While bitcoin serves as a currency, it can also be a good investment for majority of us here. Which means if people will keep accumulating bitcoin and buy regardless of its price, it’s value will keep surging high despite of its volatile nature. Although we can’t expect it to consistently rise and reach new all time highs all the time, but with higher adaption and patronization from people all over the world, bitcoin price will be seen skyrocketing most of the time until it reaches its new all time high.

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June 15, 2024, 09:29:10 PM
 #83

Op bitcoin will be falling and rising like tree blowing by winds in the forest. Bitcoin is not something that was designed to increase your wealth but it was created to  buy things in the digital way  but I think it is because of the store of value that is making people to invest in it. And your second question is not clear for me please if you're active, you can edit the second question.

Op you don't have to compare bitcoin with memecoins either Solana or others. Bitcoin is the king of all the cryptocurrencies in the world. Both new and old.

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June 16, 2024, 01:17:05 AM
 #84

Bitcoin is indeed a volatile asset, from my point of view, i noticed that the extraordinary change is every 4 years, which i think it is very tempting if we have it at a low price and then keep it and sell it when the price is high again, and usually it happens during the halving and afterwards. Sometimes the technique is often stated but zero in practice Cheesy because of the needs and desires that merge in the mind that makes me unable to hold it.
If you have a good understanding of Bitcoin, of course you must be able to try as hard as possible to collect it so that you can enjoy the profits when the price increases. Of the many investment strategies that you have understood and you have not been able to try to invest, this will be very unfortunate when there will be an increase later and we can only see other people enjoying the benefits of investments that we understand well, so it is important for you to be able to control your desires and be able to use your income well so that you can set aside some of the income you have to be able to invest on Bitcoin so that we can benefit from the knowledge that we understand well and also the benefits from investing.

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June 16, 2024, 03:30:02 AM
 #85

Quote from: nelson4lov
Some thoughts:

Bitcoin is not/will not be a memecoin and will continue to be the fundamental backbone of crypto markets. The realization that a lot of people have come to understand about Bitcoin is that the price would definitely go up higher than here (even more than the all time high). However, There's only so much higher that Bitcoin can go even with the capped supply. That's why a lot of crypto native folks now opt to over memecoins and other shitcoins in hopes that they can get rich quickly or get an experience close to what the early buyers of Bitcoin experienced — that is, to buy a token at an incredibly low price and the price goes on to achieve at least a thousand x?

Bitcoin is different from memecoins, because it has many population of investors than memecoins and it has be long investors knew Bitcoin as the king among other cryptocurrencies and whenever the price of Bitcoin is increasing you will begin to see other cryptocurrencies increasing to allow their investors to achieve little income from their investment. It is very easy for memecoins to disappoint their investors when they are about to achieve income, because the memecoins can disappear at anytime to make those that invested on it to loss at the moment. If you have the capital to purchase Bitcoin, it will be favourable if you can wait for the price of Bitcoin to decrease before you can invest, because the current price will not allow you to make a passive income in the future which you need to wait for bearish season to come before you can invest.

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June 16, 2024, 09:37:04 PM
 #86

Op bitcoin will be falling and rising like tree blowing by winds in the forest. Bitcoin is not something that was designed to increase your wealth but it was created to  buy things in the digital way  but I think it is because of the store of value that is making people to invest in it. And your second question is not clear for me please if you're active, you can edit the second question.

Op you don't have to compare bitcoin with memecoins either Solana or others. Bitcoin is the king of all the cryptocurrencies in the world. Both new and old.
I don't even know why anyone would have to compare ordinary meme with Bitcoin, although I don't have anything against such idea because I believe we are learning every day. Bitcoin is the number one cryptocurrency and it has the largest market capitalization which is the reason why if Bitcoin falls, it will affects every other tokens in the market. There is great gain in Bitcoin and we need to ahead to invest more so that we can always make good profits from the market. There are people that have made huge profits from the market since day and we should be ready to take such bold steps but it might to hard for people that does not have much funds.

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June 17, 2024, 02:39:26 PM
 #87

Op bitcoin will be falling and rising like tree blowing by winds in the forest. Bitcoin is not something that was designed to increase your wealth but it was created to  buy things in the digital way  but I think it is because of the store of value that is making people to invest in it. And your second question is not clear for me please if you're active, you can edit the second question.

Op you don't have to compare bitcoin with memecoins either Solana or others. Bitcoin is the king of all the cryptocurrencies in the world. Both new and old.
I don't even know why anyone would have to compare ordinary meme with Bitcoin, although I don't have anything against such idea because I believe we are learning every day. Bitcoin is the number one cryptocurrency and it has the largest market capitalization which is the reason why if Bitcoin falls, it will affects every other tokens in the market. There is great gain in Bitcoin and we need to ahead to invest more so that we can always make good profits from the market. There are people that have made huge profits from the market since day and we should be ready to take such bold steps but it might to hard for people that does not have much funds.
It's true, friends, Bitcoin has an important role in the crypto market, Bitcoin is the number one digital currency, so if you discuss comparing Bitcoin with meme coins, it's very funny, there are really different classes of Bitcoin and Meme Coin.

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June 18, 2024, 02:28:31 PM
 #88

I don't even know why anyone would have to compare ordinary meme with Bitcoin, although I don't have anything against such idea because I believe we are learning every day. Bitcoin is the number one cryptocurrency and it has the largest market capitalization which is the reason why if Bitcoin falls, it will affects every other tokens in the market. There is great gain in Bitcoin and we need to ahead to invest more so that we can always make good profits from the market. There are people that have made huge profits from the market since day and we should be ready to take such bold steps but it might to hard for people that does not have much funds.

The answer is simple, it's a lack of knowledge that makes them say such things or even think about it because someone with enough knowledge wouldn't need schooling about the fact that Bitcoin isn't comparable with meme coins or even normal altcoins because it was the first cryptocurrency and it's fame and popularity cannot be matched by others.

Meme coins have become a large trend these days because of their nature of providing quick profit sometimes, and this is the reason why new investors entering the market think that meme coins and Bitcoin are from the same category which isn't the reality.

Such people learn these things after they get hit on the head, once they lose some money, they realize what's gold and what's not.

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June 18, 2024, 03:01:22 PM
 #89

I don't even know why anyone would have to compare ordinary meme with Bitcoin, although I don't have anything against such idea because I believe we are learning every day. Bitcoin is the number one cryptocurrency and it has the largest market capitalization which is the reason why if Bitcoin falls, it will affects every other tokens in the market. There is great gain in Bitcoin and we need to ahead to invest more so that we can always make good profits from the market. There are people that have made huge profits from the market since day and we should be ready to take such bold steps but it might to hard for people that does not have much funds.

The answer is simple, it's a lack of knowledge that makes them say such things or even think about it because someone with enough knowledge wouldn't need schooling about the fact that Bitcoin isn't comparable with meme coins or even normal altcoins because it was the first cryptocurrency and it's fame and popularity cannot be matched by others.

Meme coins have become a large trend these days because of their nature of providing quick profit sometimes, and this is the reason why new investors entering the market think that meme coins and Bitcoin are from the same category which isn't the reality.

Such people learn these things after they get hit on the head, once they lose some money, they realize what's gold and what's not.

When reading the title, I was quite surprised to see someone wanting to compare bitcoin and memecoin. But it seems like OP is a newbie and needs to learn many things, so we don't need to be too strict with him or newbies in the market. But ignorance and hasty investment will cause severe consequences for them. Assuming they still think bitcoin and memecoin are the same, and invest in meme projects, they will pay a very high price for their ignorance.
But there is no better lesson or experience than letting them experience it for themselves because sometimes they will ignore our advice, but when they lose money, they realize what's gold and what's not as you said.

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June 18, 2024, 04:05:12 PM
 #90

Quote
Will btc continue rising or will drop and fuk everything up

Depends on the condition of the future market and development.  If the adoption of the institution keeps on coming, and more and more people are participating in its economy then it is safe to say that Bitcoin will continue rising.  After all the Bitcoin market is dependent on the free trades that is govern by the performance of its supply and demand.

Quote
Not coin is it safe to enter this coin now

According to the cyclic performance of Bitcoin, it is safe to say that entering the Bitcoin market right now is safe.  It is safe because the Bitcoin market is still on its early phase, adoption is yet to reach the pinnacle and the tendency of the Bitcoin market to increase in value is so far inevitable.

Quote
Does bitcoin effect memecoins on solana or base

Bitcoin being one the dominant cryptocurrency in the market surely have effect on not only memecoin on solana but also to the whole cryptocurrency market.  Whether the other cryptocurrency can take full advantage of the Bitcoin market performance is dependent on how these cryptocurrency promotions take advantage of what is happening in the Bitcoin market.

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BTC bitcoin
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chigo
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June 18, 2024, 04:15:15 PM
 #91

Bitcoin is not a meme coin and the two have nothing to do with each other. There is no need to find a reason that the decline in the price of bitcoin will affect the price of meme coins, because meme coins are based entirely on market speculation, and you can't blame bitcoin when the price of the meme coin you invest in goes down. If you want to invest in a coin that relies on speculation, then just invest your money in the meme coin you are proud of. But just as a piece of advice, no matter how you look at it, bitcoin is much better than meme coins, like it or not people are much more considerate of bitcoin than meme coins that have no economy. So do you want to put your money in a coin that has no real use? Think again.
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