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Author Topic: Since nakamoto is born - I understand that every shitcoin = altcoin = eth ???  (Read 116 times)
dexterto0 (OP)
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June 06, 2024, 05:27:01 AM
 #1

Half of this forum will be offended.

But why eth sill doesn't have a separate category. I understand that every shitcoin = altcoin = eth
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June 06, 2024, 05:32:25 AM
 #2

Other than Bitcoin every other crypto is considered altcoin. Altcoins can have different subcategories like shit coins, utility coins and etc but they all are considered altcoins. In case you forgot this is a dedicated forum for Bitcoin that is the reason why there is not a dedicated board for Ethereum. If you want to discuss about Ethereum then you are allowed to create a dedicated thread on this board.

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June 06, 2024, 05:50:16 AM
 #3

Altcoin: alternative currency to bitcoin

That's just it — it's just a word that was coined years and years ago; don't overthink it. It's a neutral word that shouldn't even be derogatory. (But obviously derogatory if you're a Bitcoin maximalist.)

The cryptocurrency space is just far bigger and vast now that we shouldn't even be using the word in the first place. It's like having Amazon and having the term not-Amazon/alt-Amazon.

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June 06, 2024, 07:51:53 AM
 #4

Half of this forum will be offended.

But why eth sill doesn't have a separate category. I understand that every shitcoin = altcoin = eth

I use your own reasoning to tell you this Smiley you = stupid = scammer = greedy person.... And if you don't mind that, then people here won't mind your opinion either.

I know most altcoins have their own features/limitations, but that's just one part of the market, and through different periods we have different opinions on them. Even bitcoin was considered a scam before, anyway, the altcoin environment shows complexity and volatility, the general altcoin category here is more than enough for us to be able to exchange everything necessary related to it to different problems without further decomposition.

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June 06, 2024, 07:56:41 AM
 #5

Bitcoin is the first cryptocurrency ever hence it is understood that all that came after bitcoin was made around bitcoin itself. So all non-bitcoins are called altcoins. Not all altcoins are shitcoins. Shitcoins is just a specific term coined by investors for altcoins that have no real value nor utility at all.

Ethereum is an altcoin because it’s not bitcoin but it’s not a shitcoin.

You can create an ethereumtalk.org or something if you want a separate platform to talk about ethereum alone.

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June 07, 2024, 05:25:37 PM
 #6

Bitcoin is the first currency in crypto after which all currencies are created and other currencies will rise depending on the price of bitcoin. People choose altcoins as an alternative currency to bitcoin. Ethereum bitcoin they can never be a shit coin if you don't like them you can choose other platforms. Crypto is getting bigger with bitcoin centered around it.

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June 07, 2024, 05:46:41 PM
 #7

Half of this forum will be offended.

But why eth sill doesn't have a separate category. I understand that every shitcoin = altcoin = eth

Bitcoin maximalism is what might make other than Bitcoin ......... I haven't been able to reach the highest stage that doesn't care about the existence of altcoins. Because I'm still a bit calculating and also not an established investor with a variety of income. So as long as there is profit in altcoins they will collect them to buy Bitcoin, without needing to think of altcoins as ......

You will be welcomed in the WO BTC thread with this kind of viewpoint, it is very suitable and can adapt easily there.

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June 07, 2024, 05:50:54 PM
 #8

Half of this forum will be offended.

But why eth sill doesn't have a separate category. I understand that every shitcoin = altcoin = eth
This is a Bitcoin forum, even from the name you should understand this, Bitcointalk mod was generous to allow other Altcoins here, Ethereum too has its own forum can you go there and open thread for Solana or BNB on the forum, I believe the answr is no. Altcoins sections carter for all these tokens where the top or shit coin  which I believe is good for fairness to every other projects

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June 07, 2024, 06:40:42 PM
 #9

Why would ETH need a separate category? Altcoins are everything that is not Bitcoin. We already have memecoin category that is kinda pointless.
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June 07, 2024, 07:36:20 PM
Last edit: June 08, 2024, 01:49:22 AM by Sayeds56
 #10

Bitcoin is the first cryptocurrency ever hence it is understood that all that came after bitcoin was made around bitcoin itself. So all non-bitcoins are called altcoins. Not all altcoins are shitcoins. Shitcoins is just a specific term coined by investors for altcoins that have no real value nor utility at all.

Ethereum is an altcoin because it’s not bitcoin but it’s not a shitcoin.

You can create an ethereumtalk.org or something if you want a separate platform to talk about ethereum alone.

Certainly, Bitcoin is the pioneering cryptocurrency and no other crypto currency can match its deflationary nature, inherent security and decentralization. All other are categorized as altcoins including Ethereum which holds significance importance  due to its widespread real life use case from creating smart contract to dApps, NFTs and many mores, its ecosystem has attracted investment of billions of dollars from influential investors reflecting its value and utility.

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June 07, 2024, 08:13:48 PM
 #11

I understand that every shitcoin = altcoin = eth

You've understood it wrong.
There is indeed Bitcoin and altcoins. And tokens too. But, although some maximalists have a way too narrow opinion which you also were unlucky to see, no, not all altcoins are shitcoins. A tiny minority is good coins.

But why eth sill doesn't have a separate category.

Because this is still Bitcoin talk, hence ethereum is part of "the others".
And although ethereum has value (possibly only historical though), I think it's now overrated.

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June 07, 2024, 09:32:24 PM
 #12

Bitcoin is the first cryptocurrency ever hence it is understood that all that came after bitcoin was made around bitcoin itself. So all non-bitcoins are called altcoins. Not all altcoins are shitcoins. Shitcoins is just a specific term coined by investors for altcoins that have no real value nor utility at all.

Ethereum is an altcoin because it’s not bitcoin but it’s not a shitcoin.

You can create an ethereumtalk.org or something if you want a separate platform to talk about ethereum alone.
Since Satoshi Nakamoto have chosen to remain anonymous, thats the more reason we're watching bitcoin pumps and crash in the market, because the top whales and traders are completely lost because there's nobody to hold or sue. Everyone have their pattern, check what happen to the CEO of Luna Terra when the project crashed, he was sued for huge sum and also accused of fraudulent activities, Nakamoto wouldn't want to settle for this, would he? Crypto is absolutely one of the best smooth projects to get acquainted with.
Nakamoto

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June 07, 2024, 09:41:23 PM
 #13

Half of this forum will be offended.

But why eth sill doesn't have a separate category. I understand that every shitcoin = altcoin = eth
We all have different understanding when it comes to this one, and not all shitcoin are under ETH.
In fact you can consider other coins aside from Bitcoin are shitcoin but then again that’s on a different view. We make money with altcoins and that’s fact, Bitcoin is not perfect that’s where Altcoins came to solve the problem. We understand the supremacy of Bitcoin but its better to give some attention as well to other good projects or else you might be missing a lot of opportunities.

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June 07, 2024, 10:06:56 PM
 #14

Since Satoshi Nakamoto have chosen to remain anonymous, thats the more reason we're watching bitcoin pumps and crash in the market, because the top whales and traders are completely lost because there's nobody to hold or sue. Everyone have their pattern, check what happen to the CEO of Luna Terra when the project crashed, he was sued for huge sum and also accused of fraudulent activities, Nakamoto wouldn't want to settle for this, would he? Crypto is absolutely one of the best smooth projects to get acquainted with.
Nakamoto
Satoshi remaining anonymous and disappearing from the face of the Earth could just be another implication of bitcoin’s decentralized nature. Even though Satoshi does not have really a control over all of the coins bought by each one, Satoshi Nakamoto is still an entity and could very well much affect bitcoin’s price no matter what happens to him.

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kentrolla
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June 07, 2024, 10:26:10 PM
 #15

I am not getting offended here but just explaining all the Altcoins are not shit coins because they are utility tokens and they have some purpose like they aim at making our life easier with their innovative solutions. But on the other hand you have memecoins and NFT you can term them as shitcoins. Not all the Altcoins are shitcoins as they are alternative to Bitcoin.

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oktana
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June 07, 2024, 11:59:38 PM
 #16

How do you mean a separate category? ETH is an altcoin and shitcoins are altcoins, but that doesn’t mean that ETH is a shitcoin. Let me use a popular example to describe it. All hackers are programmers, but you can’t say that all programmers are hackers. So understand that Altcoin is the family name and ETH is under it. So are many other tokens/coins (NFT, gaming, meme, etc), and shitcoins too.
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June 08, 2024, 12:59:13 AM
 #17

The forum is called Bitcointalk not shitcointalk or Altcointalk. So we shouldn't be expecting ETH category but altcoins category

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