Topic: Bitcoin is dead, long live ... what? - page 2. (Read 444 times)

Bitcoin is not going anywhere and your post show that you are fond of altcoins and have no respect for btc. NFTS are implement in Btc chain and we faced high fee and failed of transaction some weeks ago but now everything become normal and gas fee is down. The Altcoins you mentioned are not trust Worthy. Btc is most trusted coins and will never die.

bitcoin did not die in 2022 when FTX and many important projects failed, I do not think it will fail in the future, I would say instead be careful with altcoins because they can fail

This is a joke right? Bitcoin is not dying, it is currently still the highest market cap on the crypto market. Most of the altcoin price is still dependent on Bitcoin, so Bitcoin is far from dying. It is true that the hype for Bitcoin and Crypto in general is decreasing but it doesn't mean Bitcoin or crypto itself is dying. From my point of view, Bitcoin will just need to sustain a little bit more time to prove that it's reliable

Even with the congestion of the current and subsequent network in the Bitcoin blockchain, it is not enough for you to call Bitcoin dead and at some point, I don't see the network crisis as an attack from other developers on the Bitcoin network just to keep it from scaling, it's still very ok and welcomed to see such if that be, because of such attacks will help to build the network in a more formidable manner.


I am sure most bitcoin users are finding their way around the crisis and by so doing,  choosing the right time and fees for your transactions, so by so doing you can effortlessly avoid paying such exorbitant fees and waiting time.

It is only his speculation, Bitcoin will stay as long as we have crypto market. Bitcoin cannot be separated from crypto world because it is the main coin. I believe crypto may disappear if we have no more Bitcoin. It is like the soul of all crypto coins, not only as the mother of crypto coins. Just imagine, who will trust other crypto coins if the main coin (BTC) dies?

Regarding the transfer fees, I know it is increasing but it still can be acceptable. I'm sure the transfer fees will be decreasing in the future, just keep patient until it decreases. In my opinion, OP thinks BTC will die because the price seems difficult to increase now, it is not about the transfer fees.

I don't know how OP is really sure about that, he probably doesn't understand about the bearish-bullish season. He is not aware that we are still in the bearish season, that's why the price still can't increase quickly and significantly.

5t
See for yourself how your problems affect your investment journey with the crypto market. I just want to reiterate the mainstream bitcoin in crypto and it will be very hard to change, but you may also like to look for limitations and find out for yourself what you consider potential or opportunity, and everything is completely free in all decisions. My view on investing with this market, everything that says complicated is very complicated but thinks it's simple is actually very simple, the ability to evaluate as well as the ability to spend capital every day people will be different, so it offers different criteria.

Even with the congestion of the current and subsequent network in the Bitcoin blockchain, it is not enough for you to call Bitcoin dead and at some point, I don't see the network crisis as an attack from other developers on the Bitcoin network just to keep it from scaling, it's still very ok and welcomed to see such if that be, because of such attacks will help to build the network in a more formidable manner.


I am sure most bitcoin users are finding their way around the crisis and by so doing,  choosing the right time and fees for your transactions, so by so doing you can effortlessly avoid paying such exorbitant fees and waiting time.

Are you sure that it's not surviving? I think that you have to look again at mempool. Yeah, it's annoying that it has become quite expensive for the transaction fees thanks to ordinals but that doesn't mean it's not surviving. Because if you say so then there's no way that everyone will keep up with Bitcoin and will stay on this.

(...)

zcash is not a currency of privacy, and here you will find yourself between Dash, which offers acceptable privacy in exchange for ease of use, and Monero, which represents better privacy with difficulty in use.

Bitcoin is not going anywhere and your post show that you are fond of altcoins and have no respect for btc. NFTS are implement in Btc chain and we faced high fee and failed of transaction some weeks ago but now everything become normal and gas fee is down. The Altcoins you mentioned are not trust Worthy.

Btc is most trusted coins and will never die.

If Bitcoin dies, then we will most likely find it difficult to buy these cryptocurrencies because it is difficult to find an exchange that lists them, and therefore their price will be lower, which means more centralization if the demand for the currency decreases. It is true that Bitcoin is not ideal, but the reasons you mentioned are more fears than real problems, and the most altcoins has lower fees or less congestion in the blocks because its blocks are large and most of those blocks are mined empty so you need several blocks before your transaction is considered secure while in Bitcoin, one confirmation is enough.

Bitcoin is dying, it is not surviving the NFT attack. The mempool is permanently clogged with ordnials, and the developers don't seem to have any resistance plans. Even here, at these forums, there a lot of trolls writing dozens of layers of abstract nonsense in support of ordinals and totally ignoring the fact that normal payments with bitcoin have become impossible, as simple as that.

It's been a few months now, and there are no tiniest signs of recovery. That was it. I'm going to exchange my bitcoins to another cryptocurrency now. Since I am switching currencies anyway, I want to choose a good one, preferably eliminating the other problems bitcoin has (apart from ordinals), and not gaining more problems. I think I'm not the only one here who thinks about the same ideas, so I am creating this thread.

Specifically, for me at least, "a good currency" means the following:

1. Decentralization, at least the same level as bitcoin has.
2. Open-source, preferably with a package available in one of the major linux distributions (this ensures at least some level of information safety).
3. Privacy must be better than bitcoin has. Mixers are a very weak point of bitcoin, making a lot of centralization necessary.
4. A strong anti-NFT position of developers. After switching currencies, I don't want to face the same problem I escaped from.

My own research:

I found 3 popular currencies that (apparently?) meet these criteria, more or less: dash, monero, and zcash. As for open-source, they all have sources available for download, but the only one I found in a major official repo was monero, in debian. On the other hand, monero still looks "beta" in the sense that the version number starts with 0, unlike with dash or zcash.

Speaking of privacy, I see some contradictory information. Sometimes I see claims that monero offers better privacy, sometimes I see claims that monero "mixes" your transaction only with transfers of the same or similar amounts, while zcash "mixes" your transaction with many more others. Does anyone here know better or more precise details?

Speaking of NFT, I could not find any specific information about dash or zcash. Monero seems to resist. It looks like they have limited "the size of tx_extra" (if I understand correctly, this is some kind of "comments" field, and this was what the NFT attackers used against bitcoin) to 1k (https://github.com/monero-project/monero/pull/8733), hoping that this will eliminate NFT.

Any other opinions, advantages, or disadvantages of these 3 currencies?

What are you talking about bitcoin is dying lol.  Bitcoin runs the market.  Nothing goes anywhere until bitcoin does.  You think nfts are gonna push bitcoin off its petistal you haven't been around long enough.  Everyone has claimed bitcoin has been dying since 2010.  How's that prediction faired so far?