Topic: All the Alt Coins ar going to wiped out but bitcoin will resurect from the dead - page 2. (Read 241 times)

I think we all know that bitcoin price always hits the top again after crashing so no one should worry about that. And I also firmly believe that the cryptoworld always needs altcoins for their future. I'm also confused why the Government always changes its policies in viewing the Crypto market.

For bitcoin to resurrect it needs to die first, and that is not happening, its value can go down as we have seen many times in the past, but disappearing to the point not a single person around the world is using it would be the only way for bitcoin to die and I do not see it.

Also while many shitcoins will in fact die during the next years, it is impossible for every single one to disappear too as scammers can create new coins with no cost for themselves, which explains why the number of coins in this market keeps increasing.

it's not as easy as you explain, altcoins also have a strong foundation, many big investors are involved in the progress of altcoins.
if bitcoin goes down and altcoins go down, surely when bitcoin goes up altcoins will definitely go up too, because that's a cycle that has become a habit.

Bitcoin dominance is high so altcoins do tend to drop because of that (it's around 40% and normally falls to 80%+ at its worst afaik).

Based on previous crashes, the altcoins don't crash compared with bitcoin until bitcoin has dropped and doesn't rebound for a month or two (on a greater sustained scale than the one we've seen - however the forks and random news of fake innovation for most coins have done well to keep their coins as strong as they have).

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Renewables are handy if you've got a large power grid and a fairly well diversified area to host them. If you're not including multiple countries in the grid, you're wasting your time though as this isn't what they are best at. Energy rates only went up in Europe, a lot of other places put their rates up using that as an excuse, there's lots of oil that can be extracted cheaply from areas and that might end up being done.

Hopefully the scams and hype go away once for all but I doubt they will.  We definitely need a cleanup though, no doubt.

If this happens, everything some of us always talk about comes true.  I could translate your statement into 'Which is why the Governments will ban Decentralization and BTC will die soon after, while the Centralized Altcoins will survive'.

No matter how you take it and spin it, Bitcoin is not the main cause of global warming nor should it be the priority on making things more environment friendly.  Bitcoin is only currently sitting at the top of the list because they do not like not being in power of our finances.  And while I think any solution to the long term effects of mining is warmly welcomed by any of the Bitcoin enthusiasts, for now I am convinced it is just an attack on Bitcoin's name.

How many solar panels or other renewable energy producing equipment is built in an environmentally friendly factory using renewable energy?  I would love having everyone use solar panels, but truth is many of them are built in ways that are very unsustainable and unfriendly to the environment.  I feel like we are chasing our own tails by trying to move to renewable for now.  I mean it would make no sense to purchase an eco paper bag if it comes wrapped in plastic, would it.

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Regards,
PrivacyG

secretly? on what basis this will come? and "ALL ALTCOIN"? im not sure if this going to happen because alts are also functional and has value specially in the future when crypto are already in existence for all humans.

I don't know where did you get that Al altcoins will die because this will never come and bitcoin will not going further without those altcoins.
now fork coins will die? but you said that all altcoins? hmmm what would be the true point here?

Support for Renewables is one of the reason energy supply is so low now.
Solar & Wind are major disappointments to anyone needing power 24x7.
Oddly enough the only renewable that offers 24x7 power has mostly been ignored, which is ocean tidal power.

PoW is a dead end, and the worldwide ban is coming up soon.

I like how your name speaks a lot of your posts here. It's the first time that I have seen your post.

Anyway, I believe that only some altcoins would die because of the fallout of BTC. It just seems that way because there's a majority of RED in the market, and it just makes sense with everything happening worldwide. I hope every important coin will recover in these situations, but we will only be sure if we are there already.

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I believe it's important that renewable energy resources should be the ones facilitating all the mining power used by miners ASAP. I know there are a lot already but you can't deny the fact of the long-term effects of having PoW.

I see your meds have worn off.

Altcoins will outlive bitcoin for a simple reason, network maintenance costs. 

Proof of Waste is a dead end, especially when these two things are happening at the same time.
Venture Capital is drying up, because the Baby Boomers are all moving into safer investments such as cash.
Energy Prices are skyrocketing, due to weather extremes and lower supply.

Which is why the Governments will ban PoW and btc will die soon after,
while the energy efficient altcoins will survive.

 


 

If Bitcoin price fall down further then all the Altcoins will be dying soon. Bitcoin will resurect and finally the day of justice will come secretly.

If all the altcoin die up then who will resurect all those illegitimate altcoins ?

My first commandment was, " thou shall not fork Bitcoin". All those forked coins must die up.