I think Bitcoin can be seem as more stable than some fiat currencies...

The thing with Bitcoin is that there is no central government that decides how much to print of it, so at least that part of the equation is not volatile at all.

Other currencies have that volatility, which depends on the government.

They are nothing nearer to Bitcoin killers, but they kill themselves by low quality ideas for their project launches, and lack of technical capability to build up their projects, infrastructures and also important to say they lack of good financial knowledge to design their coin/ token's nomics well like Bitcoin.

History proves it with thousands of died altcoins, I don't arbitrarily say it without evidence.
How many cryptocurrencies failed?

Bitcoin is not a stable coin and won't become a stable coin.

How is the 21 million Bitcoin cap defined and enforced?

Government attacks, regulations are more easily affect on centralized projects than decentralized projects. Bitcoin is a decentralized project and blockchain.

Here is a simple list to explain why bitcoin is so different and unique from every shitcoin in existence.






That is why Wall Street loves shitcoins because they possess all the characteristics of traditional stocks.
But unlike stocks you can scam people with altcoins much more easily, without the need to invest tens of millions of dollars to create a real viable product or service.

Doing business in the market like trading? I also do that but I am not like the others who are obsessed with it. I'm done being obsessed with the market through it but I still do it but unlike before, I have minimized my losses from there already. Someone who keeps on interacting in the market through it and still does business is doing it nicely. There should be some thoughts that investing in Bitcoin is the best strategy than trading. Well, some alts are also good because I hold some but it should be put first and prioritized.

Excessive want of profits contributes to much failure and many times investors who are extreme lovers of altcoins without a push backward to save themselves from constant loss. Anyone who invests in Altcoins typically wants to see their investment make X10, even at times when they see X2 of their investment they still want to hold down their investment, wondering if they know that most altcoins are dead as soon as they take a big dumb, chances of getting back up is relatively powered to nothing at the end.

This is the point I try to make sometimes. Bitcoin has really matured enough to the standards of other top fiat currencies to an extent in terms of its stability. As for the volatility, many fiat currencies around the world do experience volatility too, maybe reason why people are not so concentrated in them is because most individuals are already used to the money and are using it domestically, so they might not really know it's worth and value history, or care less.

I will take Naira for instance and how it has fluctuated over the past year. Within last year, Naira was around 800 naira per dollar around January 2024, by September the same year, Naira hit around ₦1,600 per dollar, by October the same year, Naira was around ₦1,650 per dollar and by November, it saw it's highest fluctuations hitting almost ₦1,700 per dollar and now it is around ₦1,530 per dollar. This is an example with just Nigerian Naira to dollar exchange rate.

I know there are countries whom have experienced worst volatility especially within the African continent, but reason why many aren't talking about it is because these currencies are not worth anywhere close to Bitcoin and such fluctuations might not see any drastic change in prices like a bitcoin will, particularly at individual level. Hence the reason why the talk have been centered on bitcoin but the fact that Bitcoin isn't the only currency that can experience either short term or long term volatility cannot be overemphasized.



There is nothing like 'Bitcoin killer' and there would not be one anytime soon. No altcoins have shown any trajectory or market potentials to beat bitcoin anytime soon. My fav used to be Solana but Solana has given too much access to shitcoins that have influenced its growth negatively, although analysts say it will help the coin grow in the future but for now, no coin has shown that prospect or prosperity to kill bitcoin or anything of such.

Altcoins were created after Bitcoin success, and in each cryptocurrency market cycle, Bitcoin leads the bull market by breaking out from bear market, and trigger a bull market. Only some old altcoins follow Bitcoin bullish trend, to recover from their bottoms but very few altcoins can touch or make their new ATHs. Most old altcoins fail to make new ATHs in a new market cycle and many of them only recover a bit before dying.

New altcoins created in a new market cycle usually born in middle of cycle, and if you invest money into new altcoin projects in middle or near the end of a market cycle, risk to lose money is really high.

Next stuck in a bear market with new altcoins is like nightmare, they can lose 99% of price from ATH, or they can die.

It's classic and it's a not a trolling graphic but it says truth about altcoins. The more money you invest in altcoins, the more pains you will get and bigger losses too.

You can write texts than attach the graphic that requires more loading time and bandwidth. Some forum users with limited Internet access and bandwidth will have issues with graphic.

• Bitcointalk posting etiquette.

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Some incorrect information in the graphic.
It's controversial but Satoshi Nakamoto mined the Bitcoin genesis block and it is similar to premine, but 50 BTC in that block reward are unspendable. You can call it as unspendable premined bitcoins.

Really? There are official websites of a decentralized projects but it's wrong to say there are no websites.

Except recent years when projects are launched with a launch price on market or even before that time with seed price, in 2009 when Bitcoin was launched and some years later, many projects began without debut price at block #0. But all cryptocurrencies have their start prices, it's just when they begin to have prices on the market.

Just accumulate it and hodl it.
You won't make it alone doing the mining part, today, that is, here I agree with you.

Those that are investing in altcoin with the mind set that bitcoin is too expensive lacks knowledge on how to accumulate bitcoin, because as long as you have discretionary income, even if it is as low as $10 you start accumulating bitcoin using the dca strategy so you don't need to have $100k before you start accumulating bitcoin all you need is discretionary income.
 It is only those that fails to understand the worth of bitcoin that will choose altcoin over bitcoin, bitcoin is a potential coin and there is no crypto currency that can ever be compared to it.