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Thread 60568768

11 posts 8 images 9 unique posters /biz/
Anonymous (ID: 9HZu+Q4u) No.60568768 >>60568775 >>60568912 >>60569084
BTC is outrageously overvalued relative to alts
I know it's trendy to shit on altcoins but this is pure fact.
Anonymous (ID: 4qN0I+zx) No.60568775 >>60568797 >>60569626
>>60568768 (OP)
BTC has no value, so it is always overvalued, especially compared to alts that actually do have real value (like ETH for example, which secures all the economic activity onchain, not just sending itself around like BTC).
Anonymous (ID: 5AWYrZhK) No.60568797 >>60568824 >>60568847 >>60569710
>>60568775
Sol is the sexy piece of smart people. ETH is a useless relic.
Anonymous (ID: QGKucA3j) No.60568824 >>60568908
>>60568797
>Sol is the sexy piece of smart people.
Meanwhile the average Solana holder: (yes this is a bangladeshi but i know Indians in real life who holds Solana)
Anonymous (ID: 4qN0I+zx) No.60568847
>>60568797
SOL has value too, both SOL and ETH are infinitely more valuable than BTC
Anonymous (ID: 5AWYrZhK) No.60568908
>>60568824
I can't show anyone who holds ETH. Indeed, everyone has sold for SOL. Only a few peasants remain, barely able to access the internet.
Anonymous (ID: Yr+i7vZK) No.60568912
>>60568768 (OP)
99% of alt coins are scams to obtain you bitcoin. the ecosystem is healing naturally
Anonymous (ID: YWtVigJg) No.60569084 >>60569727
>>60568768 (OP)
I still don't get why BTC has held on but it makes no sense to fight the tide, especially when it's a tsunami.

8 years ago I would have said no fucking way is BTC #1 at this point, yet here we are and it's not even close. But the crazy thing is nothing has changed, BTC still literally does nothing. Now millions of alts do the same thing BTC does but better, and many alts do quite a lot more and bring actual value to the economy.

Yet, first mover's advantage and an army of people who will do anything in their power for "number go up" instead of actually stewarding blockchain tech seem to have quite a lot of sway.
Anonymous (ID: KuBLfHEa) No.60569626
>>60568775
Literally the only currency that's actually being used as a currency to buy and sell goods is XMR.
Anonymous (ID: OB/ULR8C) No.60569710
>>60568797
ETH influencoors are so old now man and still trying to play up that hip teen angle. Not a good look what with the pedophilia and all
Anonymous (ID: P8f9E+iz) No.60569727
>>60569084
are you mentally handicapped?

You've been in the market for 8 years and you still don't grasp Bitcoin? This is why /biz/ is a shithole full of awful financial advice because there are still shitcoiners who are dumbfounded by the fact that Bitcoin has remained the number 1 crypto for the past 16 years without even knowing why