Post
Topic
Board Bitcoin Discussion
Re: Reasons DogeCoin coin flip Bitcoin in the future
by
aceboy44
on 18/05/2021, 11:42:45 UTC
I am not interested in stable coin. I am here for investment. Although Doge coin will make cooperation with Elon Musk but if I can't get profit from it then it is useless for me. I like bitcoin with it's volatility and deflation. I will buy more bitcoin when it price lower than now.

This is precisely why I'm reluctant on buying BTC. The coin was created to be used on daily transactions, not to be stored and collect dust (literally.) You see, the majority of BTC holders (and there's no shame in that) are in it for the profits, not for the ideology. Only few members here on this forum believe in the BTC concept.

Now getting back to topic, how will BTC gain value in the future if the majority of holders are greedy? This is the main reason why I believe BTC will fail and a competitive coin will take place (or serve its purpose as a global currency.)

As many have said, it is a speculative asset and holds no real value!