When will shitcoins collapse?
Right now only Bitcoin has any real transactional value. Most other coins aren't accepted by any legitimate businesses at all.
They only rise in price because everyone is hoping to pump and dump to get rich quick. But surely it must come to an end sometime once people realize that it's impossible for everyone to get rich?
>>2406390
>everyone
You're assuming normie are involved. When my 40 year old lady neighbor starts talking about the overvaluation of alt coins, then I'll sell.
>>2406390
>When will shitcoins collapse?
Long after fiat collapses.
The national lottery is still very strong...
And it's easier to make profit on altcoins than in the lotto
>>2406390
Im getting really tired of explaining things to you idiots.
Most "shitcoins" are not currency coin clones but projects that will allow you to actually spend your bitcoin in many different ways and make it more versatile without having to convert it for fiat. Would you not want to buy real estate, cars, boats etc with your BTC some day? Many of these other projects will also make it easier, safer and more accessible to use BTC.
Without these "shitcoins", digital currency would be nothing more than a giant ponzi scheme. The future of crypto depends on the success of these coins because nobody in their right mind is going to spend BTC on anything in its current state.