BTC vs Altcoins

Why would you buy an altcoin like dash , IOTA , or SKY instead of a more reliable BTC and Etherum? What makes it worth the risk?

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Why would you buy BTC in the first place? Are you that rich? In my opinion BTC is only worth if you mine it in a place where energy is cheap

>No.10899530
mining bitcoin requires a lot of expensive hardware and time , i was talking of buying fragments of BTC and if it is better then getting some altcoins

BTC is mature and has less potential for high gains. Alts are gonna moon left and right soon.

Risk needs to be embraced user btc is far too environmentally unsound and clunky

You risk getting low value coins becaue you can buy more than one and if the market rises and you surf the wave you will probably gain more with altcoins instead of btc . I bought some DASH a couple of days ago and i made 30%profit . At least this is the reason I m doing it

BTC offers only financial profits that comes along with expensive hardware and high energy bills . You should research new blockchain projects like Ripple or Sky , better planning for long term investment if you ask me

Ethereum is an alt-coin and it could easily drop sub 100$

Let’s say you have 100 $ to invest . Obviously you will buy crypto when the market is down in the hope that after your purchase it will gain in value. If you get 100 SkyCoin at let s say 2.2$ and you wait until they rise at 4.5 , that means you more than double yor return , doubling your return on BTC means that it should rise from 7 k to 14 k . I think the first investment is more doable

What happens when you buy at 2.2 then you wait 6 months to double a nonsense sum like 100-200$. That s not investing that s waisting time

I started out with 2 BTC and now have 17 thanks to alts so....that’s why they’re worth the risk. More room to grow if I pick the right ones.

Watch out , we have a lean mean killing machine in terms of crypto . Haha , not everyone thinks that making passive money is waisting time. And about the amount ... a win is a win . I d buy Sky , or any altcoin at that rate if the graphics supported it

Why buy anything else than LINK? The only crypto that can benefit from private blockchains, is crucial to smart contracts and yet you guys are literally betting on some normie adoption cryptos.

Maybe you got lucky. I m going for the SkyMiner . I pay rent and the internet is free . If i can sell the bandwidth while i m not using it I might just pay rent with their money

All the same person, typing exactly the same shit like last threads already, pushing pushing skycoin scam from an enviroment and energy saving point of view, by starting talking about other coins and pushing skycoin into the discussion.

Go get a job to pay rent :)) then you can buy whatever you like

A nice pump user. Watch out for SKY will happen soon. Also, I m against PoW or PoS , as there s a rumor that mining farms already influence BTC

You don't, dash iota and sky are scams that only got value because they were no other coins and everything was mooning.

How fucking retarded are you? You dumb fuck are the only person on this fucking image boards who puts a space before AND after ",".
>PoW or PoS
Proof of streetshitting for you I guess
>mining farms already influence BTC
No shit
You are the dumbest mother fucking currynigger that currently browses this fucking board. Fuck off and kill yourself.

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either u are a skyfan
or a Jow Forums freak
otherwise I can't explain myself how come you follow all sky threads:
>>exactly the same shit like last threads already

wish I had your omnipresence, but unfortunately I have a life and Skycoin is not going anywhere

Nothing sweeter than profiting from pumps and dumps, not to mention alts have a lot of variations in value, more often than BTC so day trading is much more profitable

in theory
> on a 1c coin you can only lose 1c and possibly infinite returns
> on a 10k coin you can lose 10k and and possibly infinite returns
simply math folks

this guy gets it

IOTA is shit but SKY is a fucking bitconnect tier scam.
Anyone who lost money on it deserved what they got.

Iota and Sky are shit based on what argument?
shitty way of approaching newborns, u outdated crypto fag

both iota&sky are great projects on the rise

The Tangle is pissing on old crypto approach and Skycoin is going to take over crypto in a few years

Sky developed the utimate blockchain technology. Gtfo

talk about maturity once it's above $100k!
but think abou tit this way, you can do a 100x on btc or a 10000x on some alt if you pick lucky but the sheer amount of shitcoins make your odds of successfully picking one or a few and gaining the profits to about half or third of bitcoins. statistically speaking btc is still a better investment.

yes by all means bring authority right back to a trustless ecosystem!

>Sky developed the utimate blockchain technology.
be in the 2000s finance and money runs on central authority
everybody uses relational databases that scale logarithmic while the hardware is growing exponentially in performance.
practically scales infinitely!!
here comes the crypto nerd: "wait guys we don't need no central authority! just sign a transaction and publish it!"
what then how would you know people don't double triple whatever spend?
crypto nerd: "we run a distributed trustless blockchain!"
be in 2010s shit doesn't scale... not even remotely. now what?
crypto nerd "alright let's do away with pow let's switch to pos!"
okay now the wealthy have all the control and influence in your crypto...
"oh no that's not good! we don't trust them!"
some time later...
crypto nerd: "yess i got it! let's have people that verify the transactions, they will vote with theri... their... influence!"
man that's just an other word for authority...
"no no no influence and provenance not authority!"

and we came to a full circle. seems like you do need trust to scale performance. you can try distribute that trust you can try smear it between multiple actors. but trust and authority finds it's way right back. providers you have to trust for data (oracles) and verifyers that you trust to watch the transactions fairness and validity are back again. there are billions of shitcoins out there with variety of aforementioned schemes. sky is just one of them.

No, I said Iota is shit, which is my opinion.
Sky is a straight scam.
Dont group skyscam with Iota.

>doesn't realize that blockchains are DAGs that are paused and cryptographically solved on a timed interval
>doesn't realize that there is merit to applying cryptographic solutions to entries in a DAG without pausing it
The fucking state of Jow Forums. to say nothing of IOTA's partners parading them around instead of the other way around as with the bulk of crypto projects. FFS Jow Forums.