@annayks
more from that month
The final Bitcoin ATH
Bitcoin dropping, altcoins are pumping. These marketcaps don't represent real value of the networks of these Cryptocurrencies. If you believe that Doge Cardano, and the rest are worth this much, then you are welcome to burn your money instead. Once again the market ends, with Bitcoin fees rising and altcoins pumping. It is the same again, same old recipe from 2017. I wonder if altcoins can grow higher and Bitcoin whales pump them even faster. I'm sure they can do that again. Bitcoin is dead. It doesn't work and all those invested at $60k will be back to sell at prices bellow $10,000. There is only altcoin season now, that will of course end with prices dropping 99% lower. In between all this fake market caps and fake utility, is a shining example of one Coin that is working. Bitcoin Cash is now having more transactions than Bitcoin and even the Bitcoin maxis are losing their faith in Bitcoin. They did so many mistakes, only had some idiotic quotes and spammers to promote it as a Ponzi scheme. Bitcoin, the way it is today, without development and some random teams that hijacked it, it is just a Ponzi Scheme. It is over and there won't be any other ATH. I'm risking now but I will say it and it will remain in read.cash. **We will not see another Bitcoin ATH, ever**. Take a look at Grayscale and the GBTC fund. It dies a fast death. Nobody wants GBTC and nobody wants BTC not at these prices, and not at any price. Bitcoin died because of fees, but this doesn't mean the rest cryptocurrencies will suffer. Bitcoin Cash will take control. It can take many years, but since I believe cryptocurrencies will become more dominant as payment methods, it is only Bitcoin Cash that is working. What I expect is **a new Bitcoin Cash ATH** and a battle for dominance that will end with Bitcoin Cash being on top of the indexes. Since this market is a joke with Bitcoin Core in charge, I expect it to become more rational when the dust settles and the coming bear market destroys Bitcoin Core. If you want arguments there is only one you need to know. Bitcoin Core is over. Those that support it, are financially illiterate and can instead support any kind of Ponzi or Pyramid there is out there, with the same vigour and passion. Bitcoin has absolutely nothing to offer. All this time it was a huge marketing ploy with the halvings and the fund managers that pushed idiots controlling hedge funds to buy Bitcoin. That other idiot, Saylor, should enter rehab for gambling addiction and Elon Musk should probably cut the pot, as he is going to lose a billion with his lack of judgement. This is a clowns market, Dogecoin thrives and idiots are already losing their money. I won't sympathise with anyone that will lose the funds invested. Bitcoin (the Core version) has reached a top, but it is not a temporary one. $64,899 for BTC will be a permanent top that it will never reach again. Bye BTC. I know about the 400 obituaries by the way. However this is not one coming from popular media. This one is coming from someone that was one of the top supporters. BTC is dead, long live Bitcoin. Bitcoin Cash.
1 comment
Indeed I totally expect people to realize that Bitcoin transaction fees are an issue and the only thing and the whole reason for Bitcoin is to be a peer to peer currency that now lives in Bitcoin Cash, and with smartBTC soon you won't need ETH either, and once price reflects that the miners will come back to BCH and so zero conf will be king again and so coins like xrp and nano will die too thanks to zero conf being faster than any other altcoins, and with coin fusion and shuffle you can kiss good bye privacy coins as well. It is just logical not being a maxi, just a simple common sense thing. Buying core at $64k is just insane, risk to reward is just out of the question at those prices. And if prices go down I don't care since I bought my BCH to be hold for the long, long term I am talking 10 years or more. so to me that money is already lost so if BCH goes to zero I won't miss that fiat. And that's something you can only do with BCH because is the real Bitcoin and because it is cheap, you can actually afford to lose $2k but losing $64k that is something I could not allow. In that sense holding BCH makes more sense, if you buy 2 bch todays you will only get set back $2k so you can afford to lose that amount of money for the reward that BCH becomes the true and recognize real Bitcoin.