Your Altcoin Is Dying, Son

2 years ago
19

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In this video, I discuss the history of altcoins, their performance relative to Bitcoin, and what makes Bitcoin a unique asset.

From cycle to cycle, the top 10 crypto by market cap is constantly changing, with the one exception of Bitcoin, which remains the apex predator of money.

All other crypto denominated in BTC is trending towards zero, as are real estate and stocks as well.

Bitcoin is a unique asset due to its immaculate conception, credible forward monetary policy, lack of a pre-mine, high hash rate secured by proof of work, global brand recognition, first-mover advantage, deep liquidity and high market cap, its uneasy truce between nodes/miners/devs/exchanges/merchants, as well as its insanely devoted hodlers, who are willing to hold their Bitcoin through multiple deep bear markets and never sell, thus slowly removing supply permanently from the market.

There is only Bitcoin. Accept no substitutes.

Not investment advice! Consult a financial advisor.

95% of alts are going to die:
https://twitter.com/EncryptedPedro/status/1524531474237640706

Solana Billionaire VC's Are Laughing At You:
https://www.youtube.com/watch?v=nBHH0k8EOHE&ab_channel=TraderUniversity

Terra Luna Buying Bitcoin Billions:
https://www.youtube.com/watch?v=JSYkzaTzQ0w&lc=UgyH91XZhhyrYISSZTZ4AaABAg&ab_channel=TraderUniversity

Coinmarket cap historical snapshots:
https://coinmarketcap.com/historical/
https://coinmarketcap.com/historical/20130428/

Novacoin:
https://coinmarketcap.com/currencies/novacoin/

Litecoin:
https://coinmarketcap.com/currencies/litecoin/

Current coinmarketcap:
https://coinmarketcap.com/

What impressed Druckenmiller about Bitcoin:
https://news.bitcoin.com/bitcoin-fomo-paul-tudor-jones-stan-druckenmiller-invest-millions-btc/

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#Altcoins
#Crypto

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