You can have your opinion to characterize what happened, but that does not cause your framing of the matter to be factual... You are mixing facts and opinions in order to  attempt to describe what you consider to be facts.


You proclamation  that shitcoins contributed to bitcoin's growth is a BIG SO WHAT, even if it were true.  Do you think that you could run some kind of experiment to show if this happened and to eliminate certain parts and/or add other parts?  You make little sense, when you are mixing facts and opinion, and then proposing a counter-narrative of hypothetical facts and opinion to proclaim how the world would have turned out under your alternative scenario.

I am not sure how you became such an expert anyhow, you were likely not even paying attention to bitcoin, shitcoins or anything else until perhaps 2020 or so since you had been so busy worshipping the dollar.

you are still blinded by your ongoing worship of the dollar, so many of us should be taking your rendition of history and the various "what ifs?" with a decently sized grain of salt.

You might be better off if you try to describe some facts without weaving in your opinions and then you might be able to see what you are saying from a more objective perspective, if that is even possible with you.


Exchanges were a mechanism that helped with price discovery located all around the world... so what?  There were fewer of them in 2011 dominated by MTGOX until it shut down in early 2014, yet even in early 2014 there were a lot of other exchanges,  likely dominated by Chinese (perhaps a lot of fake volume between 2014 and 2016), and more exchanges by the time we got to 2017 as compared with 2011.  So what?


Yeah, because you come up with overly simplified explanations and promote them as if they were the gospel.

Remember during the 2017 pump - perhaps even towards the top of the pump in December-ish, CME BTC futures (settled in cash) went live, and one of the leaders of that entity said that they had come into the space in order to "tame bitcoin?"  Some folks attributed bitcoin's 2018 correction to the CME BTC futures, yet if  we had already had a 78x price appreciation from late 2015 (at $250) to late 2017 at ($19,666) weren't we due for a correction anyhow, even if the CME BTC futures were trying to claim credit for such?

I am  not trying to proclaim any explanation, except to say that there are many factors that affects BTC price, so your seeming ongoingly want to overly simpflify is not even very helpful, even if you were to have some actual meaningful data to back up your ongoing seemingly overly simplified explanations.


Yeah, of course, you can spout all kinds of bullshit, and surely if you back up your bullshit, then it would likely be more helpful.. to the extent that you might want to engage in some kind of meaningful discussion rather than  pumping your frequently nonsensical tail wagging the dog theories.  Maybe you want to proclaim more nonsense about hashrate causing BTC price too, while you are at it?


Maybe that is around 12% to 14% in shitcoins then?  That is a bit much in shitcoins for my liking, but it is not totally unreasonable, relatively speaking. 

There are some "crypto folks" who have the opposite.  They have like 80% to 90% in shitcoins and only 10% to 20% in bitcoin.. so at least you are not skewed in the extreme shitcoin end even though you seem to love to talk about shitcoins and seem to fail and/or refuse to recognize bitcoin as the leader in the space.   Of course, there are some guys who have absolutely no bitcoin and ONLY shitcoins.

But still seems pretty retarded to have much if any bitcoin once we recognize the leader of the space.. but hey, you can do what you like in terms of distracting yourself financially, psychologically and perhaps in terms of your mental energy and your time.