Bitcoin topped out at $28395 for 2020, just a few days left until newyear. If history serves as any guide to the future we might see bitcoin drop some 80% from it's high to its future low.
Of course past patterns is no guaranty it will happen again, but it is strongly adviced to be careful going forward.

Cryptocurrencies can be very price unstable, just take a look at the recent meltdown in XRP. Once bitcoin turn downward it might be fast and furious.

I think your perspective is that you would like to fleece the newbs as much as possible, and I get that. Not sure what the newbs get out of it, once again FOMO proves to be powerful.

It's clear to everybody that bitcoin is being actively pumped, question is for how long. One thing we do know for sure is that the higher the price, the higher the risk.

What I don't get is that people assume that bitcoin will climb forever. I'm sorry to disappoint you, but it probably wont.

Ask yourself this. How long will bitcoin be around. My assumption: for as long as nothing better will outcompete it.

Fact: bitcoin is no longer the leader techwise, it has been proven beyond any doubt that bitcoin is too slow, too expensive and has many other problems and flaws.

Result: bitcoin is mostly useless in replacing banks and even fiat when doing your grocery shopping at your local supermarket.

What is the situation in 2020: relegated to pump and dump and that's mostly it. Yes, you can use to buy SOME items and services if you are prepared to pay expensive fees and wait forever.

It's just begging to be run over by a better coin - like the typewriter getting killed by the pc. And this shitcoin is worth $27K. For how long?

 

Could have bought it in March this year for sub $4000.

Downside risk is much higher now than it was earlier this year.

Is it the mentally challenged that are getting fleeced right now.

The wall street bitcoin pump continues. Since this is a zero sum game, someone is gonna be left holding the bag ladden with big losses. You know wall strret used to do this in the good old days as well. A 100 years ago the big wall street brokers used to get togheter and agree on pumping some blue chip  stock, then they would dump on retal investors. Pump & Dump has been arounf for a very long time and is alive and kicking today aswell.

The funny thing is the fact that bitcoin isn't even any good by todays crypto standards. If bitcoin came out NOW as a NEW cryptocoin, crypto enthusiasts would laugh their asses off and call it slow, inferior and insecure compared to the best cryptotech we have in 2020.

Go figure, it's a crazy world out there.

 

And how much would it cost in fees to buy bitcoin for $1, it would cost you a lot more to just buy one dollar worth of bitcoin, thats part of the problem.

That FUDster can't be giving any proof because he dosn't have any proof. It's just a blatant attack for reasons unknown. Kind of sad when someone with low morals stoop to these kinds of malicious FUDing to try to scare away others.

The strength of the project and the quality of the team will show everybody just how wrong that guy is.  

Bitvaluta must be gaining some traction because the thread just got their first trolls. Could be the same guy controlling more accounts trying to spread FUD.

Might be angry BTV is growing, taking away scrypt hashpower from other scrypt projects.

ETH had a huge premine, and it is only next to Bitcoin in marketcap now. Premine does not equate to shitcoin or scam.

Strong team and growing followers, here is a lot to like. Wallet is rock solid and confirmations are very fast. Their forum is very friendly and helpful.

People should get some Bitvaluta, this coin will moon for certain.

Would it not be more constructive to come up with a list of the best bounty campaigns, rather than this rant.

What in your opinion is the BEST bounty campaigns right now?

 

Would depend on the electricity cost localy. If the profitability takes a hit, a lot of those gpu's may become unprofitable and offline.

Number of users mining are steadily climbing. For instance Bitvaluta has seen a massive increase in miners and hashrate, so clearly it's getting more populare.

Would it be a fair question to ask that Ethereum is moving to POS because it has played out its role and is now running on empty. I'm talking about most of these ICO tokens have been proven to be total scams, and ETH price is in a stalemate.

Has the crypto market had enough of Ethereum and now they have to come up with this POS stunt, alternatively ETH would just very slowly wither and die with time.

Is there any proof in the pudding here that noone wants to highlight?

That goes without saying, its a given. Once some or all of these get listed on coinmarketcap they'll get more attention than what they are atm.

I've got this feeling people dont want to spread the word about what they would consider to be good startup coins, they want to mine those in peace first and load up as much as possible. Afterwards when they have what they want they tell others to buy and mine.
So does it have to be new, this poll is about new coins, not old projects with an already high marketcap.

The coins that have been tested by time, then you basically missed the train at the station so to speak in regards to getting in early when the price is low and the pools arent swamped with miners, like todays Ethereum and other older projects are.

Would you consider Zilliqa. Know it is older than six months.

You should have like a battleaxe as a logo. That would have been so cool.

Any other ways of getting some besides the ICO?

Holders and buyers will win big in the end, just need to be patient.