The BTC problem

[Anonymous No.28834278]

Why is the entire crypto ecosystem still being shackled by this ancient dinosaur?

The tech behind BTC is outdated. It's like the Nokia of phones in mid-2000s. There's already alt-phones developed that far outstrip Nokia in all aspects.

Yet Nokia is still commanding a great share of the market.

Why?

How do we kill BTC once and for all?
Co-existence is not an option.
BTC needs to die.

[Anonymous No.28834574]

>>28834278
fuck you nigger. respect your elders

[Anonymous No.28834629]

>>28834278
Algorand will be the coup de grace. Mark this post, the KING IS DEAD!

[Anonymous No.28834671]

>>28834278
The cult around satoshi will never let it die.

[Anonymous No.28834738]

>>28834278
BTC is digital peer to peer cash.
Everything else is just jury rigged software that doesn't require tokenization. This includes eth.

[Anonymous No.28834758]

>>28834278
Because all these newer cryptos don’t do anything different from Bitcoin. It’s all promises of smart contracts and shit that has no real application and no working model. Bitcoin has ascended into ‘digital gold’ tech doesn’t even matter at this point, it’s an asset.

[Anonymous No.28834868]

All that gay shit your shitcoins do? Guess what: it doesn't need to be a blockchain, and it doesn't need to be decentralized.

[Anonymous No.28834985]

crypto is a zero-sum game when it comes to bitcoin and competitors to bitcoin. one will eventually reign supreme and all others go to zero. there's no reason to have a multitude of clones.

[Anonymous No.28834996]

>>28834278

Momentum

[Anonymous No.28835111]

>>28834278
>How do we kill BTC once and for all?
You can't. And that's why it's king. Faggot.

[Anonymous No.28835165]

completely agree. just be patient.

[Anonymous No.28835200]

>>28834278
How do we all

know that you don't belong here?

and that you should be raped to death by

angry baboons?

[Anonymous No.28835213]

>>28834278
Because BTC is a big old clumsily stomping and loudly farting, burping and roaring dinosaur. You can see and hear it from two miles away and what it offers is dependability and predictability which makes it ideal as value storage for boomers. BTC will soon be a stablecoin bouncing up and down between 100K and 150K. It's digital boomer gold which will eventually be hedged to make it even less risky.

[Anonymous No.28835270]

>>28834758
>doesn't do anything
>is the groundwork for decentralized internet with increasingly complex layers built on top and next to for the purpose of usability
>doesn't realize that the financial aspect is necessary to facilitate the networks that will eventually be running any kind of internet service
>doesn't understand that it's a completely decentralized network running piggybacking code to disperse the power that has become increasingly centralized since the dot com bubble and take society into a new golden age of internet where anybody can make money by helping to facilitate services not limited to finance
millenials were a retarded mistake and everyone hates them

[Anonymous No.28835368]

>>28834738
>BTC is digital peer to peer cash.
Wrong and wrong

[Anonymous No.28835442]

>>28834278
Because it only serves as a decentralized store of value and doesn't pretend to do anything else. The tech was entirely new so there are no hyper-whales (except Satoshi), it has the momentum and name that has become synonymous with crypto, and no one is even trying to replace it because they're not retarded.
>>28834985
You're retarded.

[Anonymous No.28835574]

>>28834738
this

[Anonymous No.28835605]

>>28834278
The name is worth its price. You're right that its outdated, but if you ask anyone about crypto the first thing they think of is bitcoin. It cemented as being the crypto in cryptocurrency, something not easily changed, especially with Elon and the rest of the elite backing this shit. Maybe if eth overtakes the value things could actually change, but it just doesn't have the brand recognition or backers to do so

[Anonymous No.28835840]

>>28835605
>You're right that its outdated
The fact that it's "outdated" is irrelevant. No other coin has been attacked as much as Bitcoin, by politicians, governments, whales, hackers etc. and that proven robustness and security in the real world is worth far more than faster tx times or lower fees.

[Anonymous No.28835957]

>>28834278
which is why I have $0 in BTC and I have done well so far in altcoins. I do see altcoins eventually overtaking BTC although I'm not sure which ones.

[Anonymous No.28836062]

Seriously crash this useless speculation coin. Fuck man, know when to know your welcome is worn out

[Anonymous No.28836175]

[Anonymous No.28836497]

>>28835840
>it dusnt provide a service
millitary grade encryption running on the largest network on the planet ensuring that your funds are safu 24/7. Never been down for service, had a virus, been hacked & has continuously run perfectly for over a decade?
how much would any organization pay for that level of reliable cybersecurity?
Any mook with 2 brain cells to rub together would call that a 'service'

[Anonymous No.28836679]

>>28835111
digits and based

[Anonymous No.28836737]

>>28835957
thanks for all the pink wojaks this afternoon
put some profits in btc or watch us 'retarded boomers' laugh & dance in your blood on the street
>he thought cardano was going to save him
>kek

[Anonymous No.28836806]

>>28836497
>never been hacked
lol, remember that one time when there were 100s of millions of btc?

[Anonymous No.28836954]

>BTC goes up
>Alts dump
>BTC goes down
>Alts dump
I hate this fucking coin so much...

[Anonymous No.28837137]

>>28836954
>holds shitcoins that always go down against Bitcoin
>blames Bitcoin instead of just buying it
get a load of this retard

[Anonymous No.28837225]

>>28834278
Because it works you retard

[Anonymous No.28837266]

>>28835270
Fellow zoomer here. Can confirm that we fucking hate millenials as well.

[Anonymous No.28837319]

The Tether printer is working again

[Anonymous No.28837429]

>>28834629
>the KING IS DEAD!
LONG LIVE THE KING

[Anonymous No.28837456]

bitcoin is BITCOIN 1 bitcoin = 1 bitcoin. bitcoin is bytecoin. you understand that bitcoin is the motherfucker overlord, is the before and after on our society, bitcoin is the digital gold, the no inflationary money. you are a fucking retard man. bitcoin is the change, our change soon all the boomers are going to die. and our kids will be asking us for bitcoin to buy games or some shit. bitcoin will be the money for the next 100 years o more.

[Anonymous No.28837516]

>>28836806
no

[Anonymous No.28837518]

>>28834278
>How do we kill BTC once and for all?
make something better, oh wait, you can't. all cryptos are either:
>chink pump and dump scams
>btc clone with different name, yet they somehow managed to make it worse???
>worse than btc

[Anonymous No.28837733]

>>28834278
Comparing a protocol to a company is a broken analogy used to scam you.

BTC is more like TCP/IP, DNS, email - protocols with dominant network effects that everyone will always use and improve upon.

[Anonymous No.28837809]

>>28837516
Sorry, you're right, it wasn't hundreds of millions, it was over 100 billion.
https://en.bitcoin.it/wiki/Value_overflow_incident

[Anonymous No.28838159]

>>28834738
>BTC is digital peer to peer cash
Bitcoin is.

[Anonymous No.28838256]

>>28834278

Shut the fuck stupid zoomer and go back to play your stupid fortnite games.

Bitcoin is the king. Its the digital gold.

[Anonymous No.28838262]

Works like this, retard

you can trade crypto for native currency, btc or eth. You can also trade btc and eth for native currency. If the cost of a crypto drops or gains against one, or the other, trading bots ran by smarter people than you arbitrate the differences until they balance out.

Most of the rest of the crypto market is tied to BTC/ETH because most of the rest of the crypto market can trade for fiat/btc/eth. If, you say, started adding exchanges where people could buy their crypto with nano instead of BTC/ETH/USDT, so like NANO/GRT, NANO/LINK, etc, you would begin to see nano have a dictative effect on the market as a whole.

[Anonymous No.28838749]

>>28838262
Not really. You can buy quite a few alts with fiat, but BTC is the only one that dictates the market. We've never seen an ETH selloff cause BTC to tank for example. Or any other alt for that matter.

[Anonymous No.28839331]

>>28838749
They were both down at the same time today and went up gradually in tandem. Sure, they break out from eachother once in awhile, but those events are momentary.

[Anonymous No.28839408]

what you retards insist on ignoring is how nothing short of a massive government could manage to take on and 51% attack the network

[Anonymous No.28839507]

>>28834738
GTF outa here dude, btc is FUCKING BROKEN. it was designed as digital currency, but it takess an hour to send and rapes you in fees, how is this revolutionary? its a bloated monster that everything participating in it is living in denial.

[Anonymous No.28839592]

>>28839408
Doubtful. If a government actually tried that it would almost certainly be for the purpose of attacking another nation financially, so other governments would increase their hash power in order to counter it. People talk about how Bitcoin isn't really centralized because muh China, but it could become more decentralized in an instant if need be.

[Anonymous No.28839641]

>>28834278
I remember my first week in crypto

[Anonymous No.28840176]

>>28839507
you don't understand the point of all this and why the tradeoffs are the way they are. bitcoin is slow on purpose because it is the only one that's actually decentralized.

[Anonymous No.28840260]

>>28835270
I honestly don't give a fuck what you think. I've 5xed and will make more gains this year. Stay poor for all I care

[Anonymous No.28840290]

>I can’t afford a Bitcoin so NOBODY should have Bitcoins

[Anonymous No.28840297]

>>28834278
We avoid it and stick to game changing alternatives like Cosmos, Algorand, Tezos, EOS, and XLM.

[Anonymous No.28840298]

>>28839641
kek this

[Anonymous No.28840715]

>>28834278
Be patient, the quantum revolution will soon cleanse the crypto market with fire.

[Anonymous No.28840776]

>>28840297
2017 wants their shitcoins back

[Anonymous No.28840875]

Holy shit you are retarded, go back to wherever you came from, do you think gold and fiat are pointless too just because theyre ancient technology?

[Anonymous No.28840878]

>>28840776
My portfolio did a 10x over the past 3 months and the first three of those cryptos constituted half of it. ATOM, ALGO and XTZ are not shitcoins, but yeah, EOS and XLM might always be.

[Anonymous No.28840912]

Privacy coins. Coins that are usable in everyday life.

XHV solves both of these issues. DYOR

[Anonymous No.28840947]

>>28834278
>How do we kill BTC once and for all?

Whales will take profits and trigger a wave of panic selling.

[Anonymous No.28840951]

BTC is the only crypto of value. everything else just optimizes on transactions.

[Anonymous No.28841022]

Because price is determined by mining power.

[Anonymous No.28841058]

>>28834278
Quantum computing happens before your shitcoin of choice. Get rekt.

[Anonymous No.28841171]

>>28837809
there was a stack overflow so the chain softforked itself & corrected in less then 60 blocks the kink worked itself out.
anon, it worked exactly as designed & intended.

[Anonymous No.28841176]

>>28834278
Because it's our honeypot to lure in normies. People wouldn't care abou crypto if the only crypto known to them died.

[Anonymous No.28841257]

>>28841058
What does quantum computing have to do with anything? also, it's already 'happened'

[Anonymous No.28841266]

Bitcoin public relations department is out in full force, I see. OP is absolutely right

[Anonymous No.28841412]

>>28835270
So many buzzwords and so little meaning. You should work in media anon

[Anonymous No.28841937]

>>28834278
Eth flips bitcoin after it fully switches to staking.

[Anonymous No.28842029]

>>28841937
staking is just mining with extra steps

[Anonymous No.28842064]

>>28842029
The reason eth doesn't pump more is because miners are dumping much more. Compare the difficulty graph for eth vs btc. It's much easier to buy a gpu rather than an asic.

[Anonymous No.28842170]

>>28834278

BTC has a mythical quality to it. Besides it being the first mover, the whole mystery of Satoshi is incredible. It will always be part of the crypto space.

[Anonymous No.28842269]

>>28834278
Love me bitcoin.
Simple as.

[Anonymous No.28842293]

>>28842064
an asic also has more computing power than a gpu.

[Anonymous No.28843514]

>>28834278
Bitcoin is dominant in this market. That's pretty much it.

[Anonymous No.28843601]

>>28843514

[Anonymous No.28843843]

>>28834278
Btc is battle-tested and afaik it's never been compromised. That fact alone makes it valuable from a swe perspective. Still the performance of btc is terrible. I'm buying up things like solana and algorand because once the retards get fed up of the fees/ inefficiencies those type of coins will moon.

[Anonymous No.28843987]

>>28840297
You mean AVAX?

[Anonymous No.28844009]

>>28834278
Because Bitcoin was the first, the OG crypto
It’s like gold, everybody can see it’s not practical but everyone still wants it as it’s a good store of wealth

[Anonymous No.28844071]

>>28834278
This is changing. This year, ETH becomes the peg. "shitcoins are a way to gain more ETH"

Jigstack will be huge, too.

[Anonymous No.28844209]

>>28840875
yes, they are. crypto is the replacement for them

[Anonymous No.28844928]

BTC maxis will be like gold bugs. constantly losing money and clutching their outdated tech saying "one day, youll see" The altcoins will outperform after the SEC gives them clarity.

[Anonymous No.28845004]

>>28834574
no fuck you and fuck your boomer coin

[Anonymous No.28845043]

>>28834738
>BTC is digital peer to peer cash
no that's bitcoin cash...which is actually used for shit unlike bitcoin

[Anonymous No.28845063]

>>28835111
You can, by burning it out of supply

[Anonymous No.28845548]

>>28838159
Thats what he said you loser

[Anonymous No.28845831]

>>28845043
Cashies get the rope
Altcoins get the rope

What are the corps and institutions buying? Thats right. BTC BITCOIN