How do scammers manage to convince people to invest in their projects?Do you think Bitcoin treasury companies are the biggest scam, or are altcoin scams worse, considering Bitcoin’s dominance is only about 60%?
For now due to the impact of altcoins I will still rate them as the biggest, moreover this scams is still the same, both the treasury and the altcoin method. Both are simply just saying you’re late to the bitcoin market and to maximize it you can actually invest in them. How many of altcoins have pulled this up and did it end up. In fact I am of the belief that treasury wouldn’t get into people like Altcoins would do, I believe with the current adoption and awareness that bitcoin has gotten many will still want to have their own bitcoin in their custody so treasury to me wouldn’t be pulling the number that Altcoins did, but I agree they are the scam of this cycle, the ETF approval actually made them more popular
Imagine yourself as a crypto newbie and buying a fake Bitcoin. How would you feel when you realize that you actually bought fake Bitcoin? We may see other forks in the future. But considering none of the forks are actually successful enough, I don't think the devs would dare to do another fork.
Fifteen years plus down the line and the early forks couldn’t actually get the attention off bitcoin and as such I don’t think there will be any fork even getting any little attention as even compared to what shitcoin BSV got. This is because history already shows the fate of all the past forks and the sentiment that none can actually get close to bitcoin is there, for me it will even be dump take for any dev thinking of pulling off a bitcoin fork at the moment