Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts
by
bitChipper
on 01/04/2018, 05:26:15 UTC
What makes you think the alt coins like this are going back up?  They are all falling in price right now because in this nutty system when bitcoin tanks...everything tanks with it.  Four months ago FOMO around Thanksgiving and Christmas had tons of stupid money pour into Bitcoin and alt coins.  Now all those who poured in at 15-20k are burnt and out for good.  Or HODLing the bag as whales pump and dump 24/7. 

Bottom line is almost all the altcoins are 1. scam or 2.  a horrible actual investment as you are essentially crowd funding ideas with no responsibility to you.

As for Bitcoin...it is not a future currency.  Currency cannot have the volatility nor should it be investable. 

What do you think the discussions will be like around the Easter meal?  All negative.  Don't fool yourself and quit hodling.

Many had the same attitude about crypto in 2014-2016, it's typical market cycles.

Not all altcoins are scams and some of them are actually really good investments, no one said bitcoin would be a future currency. Most of the people you see on TV talking about bitcoin say its a store of value similar to gold.

You seem pretty bitter about crypto in general, if you quit "hodling" why are you here bashing the forums?