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Bitcoin value disputes (2019) 9 - The crypto world still needs BTC for now








The Bitcoin system has been receiving much attention since its birth in January 2009. Due to the complexity of the Bitcoin phenomenon, people have many different opinions on the token BTC in the Bitcoin system. Both the value and price of BTC are controversial. Some people think that BTC is a big bubble and worthless and its price is now supported only by lies and stupidity of many people. On the other hand, Some people think that the Bitcoin system is an advanced monetary system of the future and will be well accepted as a better worldwide currency than legal currencies and the price of BTC can reach hundreds of thousands dollars in the near future. This article is the conversation of two token operators who have been trading all kinds of bittokens for a long time. One of them thinks that the Bitcoin system is deeply misunderstood by most people and the price of BTC will go down in the long run. The other one thinks that the Bitcoin system brings a prosperous bittoken industry to human society, and a bright future of BTC is expected. They all have their own reasons. Who do you think will win this BTC value dispute? Tips: this article only states opinions of all kinds of people, and its content is NOT guaranteed to be correct, thus should never be considered as an investment advice or suggestion.

Well, BTC is stilled needed by the crypto token industry and BTC based trading pairs would not disappear in the near future. This can be a long story, in my opinion, mainly for the following reasons.
1. Historical reasons. Before the emergence of USDT, many people in the early days believed in so called Bitcoin consensus what medias were boasting. They believed in that BTC was better than legal currencies and would be the future currency of the world, so all other crypto tokens were priced in BTC or ETH, thus trading pairs based on BTC or ETH appeared. At that time, most people in crypto token industry recognized "ERC20 tokens" as assets, and thought of BTC or ETH as real money or cash. It make sense then because the value and price of BTC or ETH was more stable than the other tokens. In the early days after USDT were created, many people did not trust it for that it was totally in control of Tether company, so many BTC based trading pairs and ETH based trading pairs coexisted with few USDT based trading pairs. At time went by, Tether gradually gained more and more trust from more people with its normal financial status, and as people slowly accept USDT as a stable-value token or cash of the crypto world, the impression of BTC and ETH were real money is actually getting weaker, and today's exchanges generally recognize USDT as a more stable currency than BTC or ETH, and regard "opening a USDT based trading pair for the new token" as the highest recognition of the new token. What ever, some ones still need to directly convert an asset token directly into BTC or ETH. Even if there are trading pairs with USDT as the base currency, the BTC or ETH based trading pairs will continue to exist.
2. A few people now still have a strong belief in that BTC is better than legal currencies and will be the future currency of the world. As we now know this kind of sayings are nonsense now and actually false consensus on BTC for that the value and price of BTC jumps up and down all the time and thus naturally does not satisfy the necessary condition that a currency value should be relatively stable, and BTC is impossible to become a good currency in the future. For most people, the wrong consensus of BTC in their mind is the result of brainwashing by all kinds of blockchain medias boasting BTC irrationally. Most BTC investors do not understand the principle and value of the Bitcoin system because of lack of technical and finance knowledges, thus doesn't have the ability to distinguish between right and wrong in what the medias said. As most medias of the crypto world without any regulation are boasting all kinds of irrational opinions on BTC, many people or investors are misled by all kinds of false info of BTC. With flooding irrational info and little rational info of BTC, lies of BTC become truth after being repeated for thousands of times. Almost all the medias of crypto world don't open a comment function under their articles on their websites, which is to stop opinions that are not good for false opinions of their articles. I never believe in any medias of the crypto world for they are just speakers and say everything required by those who gives money to them. Why some ones there want to cheat the public or investors to invest into BTC? That is because, in my opinion, the game of BTC has become a Ponzi scheme. In the Ponzi scheme of BTC, those who hold many BTCs constantly advertise BTC to deceive more investors to invest in BTC to prevent the price of BTC from falling to prevent their wealth from shrinking. Those with huge number of circulating BTCs manipulate the illusion of rising prices to attract more people to participate in speculation(See Is BTC already manipulated by someone?). Most medias in crypto world are manipulated by those who have a lot of BTCs, and are frantically boasting the false Bitcoin consensus to brainwash the public, and are constantly creating all kinds of rich stories of BTC to trick more people to put more money into BTC to maintain the false prosperity of BTC, so that those who have a lot of BTCs can continue to earn more money from the public.
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Welcome to transfer bittokens to addresses below

USDT(ERC20):   0x290e5c...f8e6854b         

USDT(TRON):   TXTcxGR3...MBsMuiCw         

USDT(OMNI):   16KE6p6Y...ru1XgvZR         

ETH:   0x290e5c...f8e6854b         

XMR:   46C5cBvQ...eMhCbFsh         

USDT(ERC20):   0x290e5c...f8e6854b    

USDT(TRON):   TXTcxGR3...MBsMuiCw    

USDT(OMNI):   16KE6p6Y...ru1XgvZR    

ETH:   0x290e5c...f8e6854b    

XMR:   46C5cBvQ...eMhCbFsh    

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