Another great advantage of bitcoin - you can buy and sell it directly, peer-to-peer without the need for any centralized exchange or KYC. To me that is true decentralization.

You can't do that with any altcoin. All these poopcoins love to boast and advertise themselves as being decentralized while possessing none of the qualities of decentralization. That is called fraud.

How did you do that? Without any exchanges? I find that hard to believe.

In theory you could trade altcoins peer to peer, but in practice does it happen on any significant scale? No.
Without well-known and established P2P platforms like you have for bitcoin, peer to peer non-kyc trading is not a feasible option.

That is why websites like ebay exists, to match buyers and sellers with whatever you are buying or selling.
Otherwise your only other option is go around knocking on people's doors asking if anyone is interested in trading your Pokemon cards, Rolex watch, or what have you.








 

other difference that always makes me concerned is that, altcoin can't thrive without VC backing and VC backing always get big chunk of the altcoin, basically ready to dump on the retailer while BTC is free to acquire as long as you have the mining power.
that's pretty stark difference and these centralized holding is a threat on its own because there's one single point of failure for us the holders where the VC can just dump and our coin become worthless coin due to increase in circulating supply, but with BTC, it's pretty static, with circulating supply rise on a pretty obvious basis.

It's just how it is, many out there call BTC a digital gold and the discussions about it are going on and on, we've had enough threads to do it here, but - they do have some similarities, and people do like analogies, especially when they are not too knowledgable on the matter and they need something to compare this unknown concept for themselves.

And if it is about selling you can even sell your coins anywhere but when it comes to advantage in price there is no price that can compete with bitcoin because bitcoin is currently on fire and there is no way that any coin can compete and even in price there is no way and decentralized is better than anything centralized so there is profit in all but quantity matters.


And some you will still see them in most of the exchanges but the one you will see them the more is in centralized exchanges because it's mostly bitcoin that focused on decentralized exchanges so there is no need for what ever either centralized or decentralized this no much difference.

It makes sense on why alts are alternative because BTC is already there, the first crypto to be created but only lack on some features, so alts supplies it. Alts are on a different category and then I'd say that their user base is still high, same goes to individual alts. This makes their liquidity high as well.

You are right when you say that alts has variable supply because they can have a burning feature and others like a change in mechanism. Some alts still has a limited supply like Bitcoin. Like we said earlier, BTC is the first, so I wouldn't wonder anymore on why its adoption is much wider and it is the largest crypto up to date. Security and supply has nothing to do with that though.

All things related to investment decisions whether in Bitcoin or others as far as I understand all of that must be based on understanding even though it is not too deep about it and I admit that it is also everyone's right to choose and of course it is right. But, I have my general view that along with the journey of someone's investment, sooner or later they will also know for themselves which is actually the best that works for them, not the one that eats away at their own finances for various reasons.

Keep in mind 80% or more of the tokens of the average poopcoin are held by whales and insiders. So whenever you see an altcoin pumping by a large amount it is almost always caused by whales and insiders injecting large amounts of liquidity to pump up the price to get retail excited to buy in just before dumping on them. The suckers fall for it every time. This kind of insider manipulation is common in the stock market but is much worse in the poopcoin casino.





Another thing about altcoins is that they are not seen as a long-term store of value (like bitcoin is) but as a means to make a quick buck.
The average shitcoiner has the attention span of a bipolar 9 year old child and will cycle in and out of different altcoins like changing their dirty underwear.

Whenever a shiny new altcoin attracts their attention, they will dump whatever they are in and go to the next shiny new shitcoin.
So you cannot rely on altcoins as a long-term store of value. Which is why some predictions of ethereum going to $10,000 are not realistic,
because that would require large numbers of people holding onto ethereum for many years, which they generally do not do. The unlimited supply of tokens doesn't help either..

99% of shitcoiners are day traders and casino gamblers not long-term investors.

Both are considered cryptocurrencies, but bitcoin is built more on perfection as it always satisfies the long of a person when it comes to financial security, altcoins are only an alternative to bitcoin. However, though they have some common uses, but bitcoin offers more legitimacy and security, while altcoins are more seen as scams and unreliable, most especially those altcoins that are newly launched and developed in the market.

Yeah, there's actually a huge difference in their creation process,both are still cryptocurrencies but in their technological and design creation lies so much difference in application and functioning.Since Bitcoin is the king to all cryptocurrencies, Bitcoin is aimed at prioritizing in some of it's features like that of decentralization and security while some altcoins may compromise on these and become vulnerable to cyber attack and inconveniences.