Quote from: julian071 on September 26, 2016, 09:24:17 PM

Quote from: Torque on September 26, 2016, 08:44:38 PM

Quote from: JayJuanGee on September 26, 2016, 08:35:54 PM

For example in your assessments that adoption is not rapid enough and that bitcoin is losing market share seems to be quite a way off and really exaggerations, no?

"Bitcoin has steadily been losing some marketshare ground to shitcoins for 3 years now."

I doubt that the facts really support this kind of an assertion. Sure, we have been witnessing some innovations from altcoins (shitcoins as you call them), but in the end, any "losing of marketshare ground" is likely more illusory than anything.

JJG, since you seem to like to confront people a lot, and since you are always in need of hard facts, stats, and proof over public sentiment (which is fairly palpable atm), then here you go. Third chart at the bottom, the 3-year downtrend in bitcoin's overall crypto marketshare is as plain as day:

https://coinmarketcap.com/charts/#btc-percentage

Doesn't change the fact that I'm a permabull. But my patience is starting to wear thin. Other so-called bit bulls have already moved on and left bitcoin behind.

+1, I feel exactly the same. I went all-in back to BTC a while ago hoping the debate about the high fees would yield a solution, but I'm back to diversifying right now. Don't see it happening any time soon, and that might be not soon enough.

Well, yeah, Julian071, if you feel that you should diversify, then you should attempt to accomplish such diversification to the level of your comfort, and also to decide how to apportion such diversification in order to feel personally comfortable.

These are not easy decisions because there continues to be a lot going on in the crypto space, so frequently each of us just has to make our best approximation of a solid strategy based on how we view the scene and our personal financial circumstances.

I personally do not see a need, at this time to diversify, but I do continue to attempt to protect myself from some of bitcoin's ongoing likely volatility by selling coins on the way up and buying coins on the way down. That strategy is a bit different from diversifying into other crypto, but it does still attempt to apportion (and hopefully lessen) some of Bitcoin's likely ongoing volatility risk.