Bitcoin is unfuddable

Bitcoin is unfuddable

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If you assume that crypto currency can be created easily, in unlimited quantity. There is unlimited dilution of the supply.
If this is true, what makes Bitcoin better than all the others and able to retain value?

It's Bitcoin. Next?

The Lindy effect

99.95% of all created altcoins have died, which means no liquidity and/or delisted from good exchanges

I was thinking, features such as cost of transaction, speed etc

Price at first halvening: $5
Price at second halvening: $500
Price at next halvening: $50000

It can't be though, and isn't. So there isn't. But you answer is First Mover Advantage: and none can approach the security it has being on top of all that proof of work

security.

>If you assume that crypto currency can be created easily, in unlimited quantity.
Sure, that's true, but you've forgotten about hash rate and why it matters.

Mmm - noonoonoo

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Yes I get that and first mover advantage is a powerful advantage. Also ultimately supply of Bitcoin is limited eventually. Why is Bitcoin better than ether, Bitcoin cash, etc. What if a coin comes along so good that it makes Bitcoin worthless? What if there is a visa coin?

People don't buy Bitcoin for it's utility, but as a store of value and high return speculative investment. This has been true for almost 10 years. And now it seems to be true very likely for the next 10 years also.

This is why bch, btcsv aren't ever going to be as successful as people do not want or need their improvements. btw I own those coins too.

>one step closer to fees being the lion's share of the block reward and lightning bankrupting the miners

B U L L I S H

>its going to up for ever
>theres no upper bend to this s-curve
>hodling is adoption

Fucking blocklets, man.

It can certainly go up forever. Against USD and EUR. The price can also stagnate for multiple years. Remember that the price has increased exponentially when the blocks were totally full and backlog was counted in hours or even in days. Did not stop FOMO though.

It literally causes the bubble to burst. Bitcoin could have easily pumped to 100k.

I have experienced four bitcoin bubbles. Believe me, when the bubbles burst it has nothing to do with full blocks or utility as currency.

Bitcoin can still easily pump to 100k.

It's not limited. Each btc is 100,000,000 Satoshi. When btc reaches 100,000,000 people will simply transact in Satoshi

this

that you can never replicate bitcoin ever no matter how many times you fork it

hash rate = security = store of value

lmao brainlet

that