Quote from: deisik on January 27, 2020, 10:17:43 AM

Quote from: Finestream on January 27, 2020, 10:08:47 AM

Quote from: deisik on January 27, 2020, 10:00:52 AM

In the same vein it is natural to assume that the death of the altcoin world would eventually do only good to Bitcoin in the long run as people won't be losing money anymore. So what d'ya think?

I don't agree with it, bitcoin rise this high because of altcoins

But what makes you think so?

Basically, you are claiming that many people who lost their money in scams (first in shitcoins, then in ICO's) somehow helped Bitcoin rise, right? To me, that looks like a very flimsy argument. Honestly, I'd rather say that it only hurt Bitcoin image as well as its price tag. You see, it is not enough to disagree with someone's opinion. You should actually bring some facts to the table in order to support your point of view

This is only based on my observation, there's a lot of ICO in 2017 and that was the time bitcoin reached its new ATH, so that growth could be associated to altcoins whether people are scam or not, and I also believe that those who got scam will not gonna leave the market right away, they will learn and find bitcoin as a safe investment.

Quote from: deisik on January 27, 2020, 10:17:43 AM

Quote from: Finestream on January 27, 2020, 10:08:47 AM

The market is big, people are looking to diversify their investment and I don't see any reason why altcoins should be eliminated when they offer great idea and they are building it for us to use in the future

To tell the truth, I don't see that as a diversification as it looks and feels more like stealing people's money

Don't generalize the altcoins, true that majority of them are scams but as the market is maturing, people will realize and like I said will learn from their mistakes. We can look at the market (https://coinmarketcap.com/) once again and we will see there are altcoins that are producing results and one of my favorite is the BNB, but at the same time I am also a believer of ETH.

I hope you aren't closing your mind on altcoins because you are hating them. I'm just stating the facts based on my opinion.

Quote from: mk4 on January 27, 2020, 10:21:31 AM

Diversifying your portfolio by investing in altcoins is still one of the most stupidest things that surprisingly, I'm still seeing in 2020.

I hope to prove you wrong at least 5 years from now.

However, if we are talking in 2017, I have already proved that diversifying in altcoins is a good strategy, you guys just won now because altcoins are struggling, lol..