So this is just like my fucking opinion, dude

submitted by [deleted] from self.cryptocurrency

sorted by:
top
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (13 children)

I rode out the last BTC dip in USDC. I didn't track things very well, but I think I came out ahead. You could certainly make a transition like this in stages, like dollar cost averaging. I'll be watching for the next top.

[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (12 children)

I got laughed at on the crypto discord for saying this, but I think ETH is the new BTC. It's superior in every way. And it's not perfect which is where alt coins come in.

I got out of btc a while ago.

[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (9 children)

I get confused and stuck because they seem to all rise and fall together.

[–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Yeah, they're all based on USD. I don't think anyone actually acknowledges that. And there's a legacy link to btc that's dying as that coin becomes even more irrelevant but it's still there.

But I can't explain all the market moves. It's like a monster, it does what it wants. It's fun when it's not costing me money.

[–][deleted]  (5 children)

[deleted]

    [–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (4 children)

    shh, the profitable traders are talking.

    [–]PastorJohnny 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (2 children)

    this is what the problem is with this assmonkey admin..

    he is not a profitable trader.. as a trader, his head is shoved up his ass.

    he doesnt have a clue.. he thinks haskell is a legit programming language.

    douche.

    stay the fuck away from me, you douche fucking faggot.

    when you die, send me an email alert so i can bake a cake.

    [–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

    im way too dumb for functional programming, duh. im a scripter.

    [–]PastorJohnny 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

    no, you are way too dumb to take off the diaper and engage me in an intelligent conversation.

    [–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

    I was on the r/Cryptocurrency discord channel and I mentioned eth was the new BTC. Kinda figured that was just like saying "nice weather." It's stupid and obvious. Oh no... They got mad. I can't imagine being invested in btc right now, or really ever again. It's just a figure head, it doesn't do anything. Eth has serious problems but it has problems because people are trying to do things with it. Nobody cares about btc. It doesn't do anything.

    [–]UnexpectedTransmissi 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

    I wouldn't underestimate the power of Bitcoins brand.

    That, and layer 2 solutions can do what Ethereum does... Plus Ethereum gas fees are insane. Layer 2/sidechains may be the only way to scale effectively.

    [–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    Really because BTC doesn't do anything. It's just a figure head. If you like that codebase for some particular reason there's ltc for a fraction of the price.

    Plus Ethereum gas fees are insane.

    That is incredibly true. Eth2 might fix that.

    Layer 2/sidechains may be the only way to scale effectively

    And that's why things like matic have any value.

    But it's not better for btc, just nobody needs to actually do anything with btc so it doesn't matter. That's not a good thing imo.