Post
Topic
Board Bitcoin Discussion
Merits 9 from 3 users
Topic OP
Ways to relieve stress from "crypto" scammers when all you value is bitcoin?
by
BuyBuyBitcoin
on 05/03/2019, 05:01:52 UTC
⭐ Merited by BitcSeo (5) ,Royse777 (3) ,Danslip (1)
The "next" Bitcoin Myth

Whenever people realize bitcoin is here to stay it seems many start searching for some mythical next bitcoin.

Sometimes resorting to shilling shitcoins that should be illegal in some cases, to pretend have any value.






Trading Shit-Coins to Waste Time (and Money)

This creates a bit of a problem in crypto currency. Many of us understand bitcoin and that it isn't like a startup tech company that can somehow be disrupted.  

There are Economic, Cryptographic, Game Theory, Governance, Psychological and Network Effect properties that WILL NEVER be replicated or modified to create decentralized digital money the world adopts like bitcoin.

To kill time between the $10 million bitcoin and where we are now, trading shit-coins has become a common gambling game.

Many people waste precious bitcoin trying to earn even more bitcoin on low-value crypto that nobody values.





Warning to BTC Newbies

This is a fools errand that plays out the same continually throughout history.

New assets and markets open up, everyone jumps in to make "major gains" and lose their money time and time again.

All while precious assets like gold, or digital gold that bitcoin has become, just sit there storing value and securely transferring it without the need for 3rd parties.




Anyone new to bitcoin, please think twice before placing value on "new coins" that are merely pumped and dumped by the bitcoin traders looking to make even more bitcoin off the newbies. It's a tough new internet trading market out there. It could take another 20 years for proper valuations of crypto and Bitcoin's continued dominance in it to be known to the entire world.

No reason to waste your time and precious bitcoin on Alt-coins when you can troll shitcoiners with memes to remind them how dumb they are daily.

We have to stay busy and productive somehow before Fiats are pegged to Bitcoin!