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Bitcoin => Bitcoin Discussion => Topic started by: coinycoiny on January 20, 2018, 08:36:47 PM



Title: This is why crypto will die
Post by: coinycoiny on January 20, 2018, 08:36:47 PM
First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



Title: Re: This is why crypto will die
Post by: Based Stickman on January 20, 2018, 08:55:30 PM
First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



Someone forgot to take his meds today  ;)


Title: Re: This is why crypto will die
Post by: Inn0vative1 on January 20, 2018, 09:01:20 PM
First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.


Your post shows a lack of understanding of the fundamental science behind cryptocurrencies. Crypto has nothing to do with destroying the environment. And by "destroying the planet", I'm guessing you mean all the energy that goes into mining Bitcoin and other proof of work based cryptocurrencies. Bitcoin and several other cryptos use proof of work, which requires a huge amount of power. But, that is not a property of cryptocurrencies in general, that was one implementation to make the network more secure. In the future, cryptocurrencies will adapt to be more energy efficient, and that is already happening. Thus, your post is not considering advances in technology.


Title: Re: This is why crypto will die
Post by: SyGambler on January 20, 2018, 09:02:16 PM
First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



I guess this was discussed before , personally I don't care about that cause there are many other harmful things
anyway proof of stake doesn't need these machines , so even if you care that much about the environment you can't say that all crypto are bad
still you can mine with clean power if you have access to it  :)


Title: Re: This is why crypto will die
Post by: tuskacz on January 20, 2018, 09:05:30 PM
Yes cryptos like bitcoin will collapse because they are driven by speculation and waste  lot of energy. There is no future for anything which is not environmentally friendly. So China is doing good thing banning it as it is another volatile bubble and unpractical. 


Title: Re: This is why crypto will die
Post by: teejaymuna on January 20, 2018, 09:05:34 PM
I do not quite understand your aim of raising this topic. Yes cryptocurrency mining consumes power but if you do not know there are advances in the Tchaikovsky behind cryptocurrency mining that will enable it to mine in a more exodriendly way. You do not have to speak ill of BTC just because you lacj sufficient info of it.


Title: Re: This is why crypto will die
Post by: olubams on January 20, 2018, 09:08:08 PM
First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



You sounded more philosophical if you ask me because taking what you type here literally would mean someone who is not communicating anything but beyond that I guess you talking about environment impact of crypto but that should not be a concern at all. Crypto does not use a special form of energy. If today, we no longer on plants or dams to power our houses, and we using something else so also would mining use such energy nothing more or less than that. So other thing can kill crypto but not based on your theory.


Title: Re: This is why crypto will die
Post by: Bonsaiav on January 20, 2018, 09:44:07 PM
First watch this vid.
Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.

Looks like you are a 'narrow minded' person, you can`t take advantage of objects, which exist in the world including crypto. Now is the modern age, we are required able to take advantage of the situation nor conditions that exist with the best of it. Remember, everything that is created brings benefits, and disasters each, but everything is back to you, in what way do you do it?


Title: Re: This is why crypto will die
Post by: mx667 on January 20, 2018, 09:49:57 PM
First watch this vid. Crypto is incentivising people to destroy the planet. At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next. If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.
Looks like you are a 'narrow minded' person, you can`t take advantage of objects, which exist in the world including crypto. Now is the modern age, we are required able to take advantage of the situation nor conditions that exist with the best of it. Remember, everything that is created brings benefits, and disasters each, but everything is back to you, in what way do you do it?
Let me tell you the most basic information, why do people like cryptocurrency. Look at the price of Bitcoin a few years ago, you'll know that the price of Bitcoin at that time is still hundreds of dollars. Now, look at the current Bitcoin price, you'll know that Bitcoin's price has become thousands of dollars even tens of thousands of dollars. With so many price increases going on in Bitcoin, of course many people will be interested in buying, collecting, investing and storing Bitcoin. Given that, do you want everyone to ignore crypto? Cryptocurrency is the latest solution and innovation for the world economy. So it can not be eliminated. Can only be developed only.


Title: Re: This is why crypto will die
Post by: strickland on January 20, 2018, 09:51:36 PM
I do not quite understand your aim of raising this topic. Yes cryptocurrency mining consumes power but if you do not know there are advances in the Tchaikovsky behind cryptocurrency mining that will enable it to mine in a more exodriendly way. You do not have to speak ill of BTC just because you lacj sufficient info of it.
Mining will allow Bitcoin to be worth more, there is more coins that have not been sold before. That will cause the price to appreciate.


Title: Re: This is why crypto will die
Post by: The Sceptical Chymist on January 20, 2018, 10:16:56 PM
This dude may not have taken his meds, but hey--all of this crap is worth considering, right?  Drives me nuts when the ignorant bulls try to destroy any skepticism about crypto.  But that happens in every runaway bull market/bubble.

Having said all that, I don't think bitcoin is going to affect anything except the economics of the world, and even that will depend on solving its many problems (confirmation times and fees among them).  We're already headed toward a cashless world, and things like crypto were inevitable.  They might take their toll on our power grids but I highly doubt that's going to be significant.  We'll see in 20 years.  We might be living on Pluto by then anyway.


Title: Re: This is why crypto will die
Post by: btc_angela on January 20, 2018, 10:23:11 PM
First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



I guess this was discussed before , personally I don't care about that cause there are many other harmful things
anyway proof of stake doesn't need these machines , so even if you care that much about the environment you can't say that all crypto are bad
still you can mine with clean power if you have access to it  :)

This was discussed before and this is another argument against bitcoins. LOL. I'm sure that we are going to see this trend now, bitcoin is not eco-friendly because its affecting Mother Earth and destroying it, blahh... blahhhh...

Next, we are going to see "Greenpeace" here, arguing not to take action against the (Bitcoin) whales. LOL  ;D

I also see what you are trying to do here, clickbait to your vids on Youtube. ;)


Title: Re: This is why crypto will die
Post by: darkangel11 on January 20, 2018, 10:30:48 PM

Next, we are going to see "Greenpeace" here, arguing not to take action against the (Bitcoin) whales. LOL  ;D

I also see what you are trying to do here, clickbait to your vids on Youtube. ;)

Greenpeace will finance their crusade with BTC because they are that dumb. I remember when they were protesting against oil rigs and went cruising around them in an oil fueled ship. They were basically burning fuel to protest against that same fuel.
As for the clickbait it's probably some friend's video. He wouldn't be running a farm and hating bitcoin at the same time ;D


Title: Re: This is why crypto will die
Post by: Rajatruck on January 20, 2018, 10:40:45 PM
I can think in all directions and I do not see how cryptocurrency can destroy the planet


Title: Re: This is why crypto will die
Post by: Cryptohad on January 20, 2018, 10:48:55 PM
First watch this vid.
Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.

Looks like you are a 'narrow minded' person, you can`t take advantage of objects, which exist in the world including crypto. Now is the modern age, we are required able to take advantage of the situation nor conditions that exist with the best of it. Remember, everything that is created brings benefits, and disasters each, but everything is back to you, in what way do you do it?
yes, I agree with you, that his thinking is too narrow and also like the words of people who hate the crypto world.
should everyone be able to use technology today, because with technology will be able to provide many benefits. then people who can not use technology, then he will be left far behind.


Title: Re: This is why crypto will die
Post by: gantez on January 20, 2018, 11:00:13 PM
Op's curiosity, pessimism and fears should be allayed. The effect on power isn't going to bring cryptos down. We are in a developed world and  technology is being modified to suit the current  challenges of the world.

Ozone depletion used to be a public and the world's fear few years back but it has been taken care of with so many solutions like avoidance of pulling trees down, avoidance of burning of bush, planting of trees also called green revolution . The energy consume in cryptos are however not a challenge that can't be met.


Title: Re: This is why crypto will die
Post by: CryptoBullrider on January 20, 2018, 11:05:16 PM
wait, you think we "fixed" the ozone hole problem?   ???


Title: Re: This is why crypto will die
Post by: bitcub on January 20, 2018, 11:45:12 PM
I agree that most of coins now will not survive in the next decades. But the current top 1-20 coins will surely stay  in the battle road.

First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.




Title: Re: This is why crypto will die
Post by: Anti-Cen on January 21, 2018, 12:38:38 AM
Double agent: S-M designed mining to create CPU-Wars and the wheels are falling off his
invention that they knew from day one would not scale and many believe our Japanese hero
probably worked for the CIA or MOSSAD and I agree

Lightning network hubs are banks
https://bitcointalk.org/index.php?topic=2776719.msg28395400#msg28395400
I am waiting for someone to debunk this if they can   


Title: Re: This is why crypto will die
Post by: coinycoiny on January 21, 2018, 12:40:14 AM
Thank you for the replies guys.

Its a bit like talking to Jehovah's witnesses on here but I do enjoy a challenge!

Oh well, back on the meds.


Title: Re: This is why crypto will die
Post by: Granxis on January 21, 2018, 12:40:37 AM
Bitcoin was reacting because it needed a lot of energy, but it was actually a blockchain system that required energy. Unfortunately, this energy is needed to process the data. I think we do not have a big problem.


Title: Re: This is why crypto will die
Post by: Anti-Cen on January 21, 2018, 12:44:52 AM
Mining will allow Bitcoin to be worth more, there is more coins that have not been sold before. That will cause the price to appreciate.

if you like I will write a program that wastes energy and burns out CPUs by download a million images and counting
how many black pixels are contained in these images and will sell you this useless information and you can call it
mining if you like and then lets see if the price of this information will "appreciate"  

Are you sure you understand mining because none of the new super fast coins that are gaining ground on Bitcoin
are using it so they must all be worthless right  :D


Title: Re: This is why crypto will die
Post by: Ray3z on January 21, 2018, 12:49:46 AM
First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



I read your post and i think you said that only green coin can survive and the others will be die.
I think your statement make us realize how important is green.
And also i think crypto will not die at all because you said green coin will survive and more green coin will be born.


Title: Re: This is why crypto will die
Post by: tanoe on January 21, 2018, 12:51:34 AM
When we talk about energy, each country has a different capacity. In some countries, electricity usage does not reach the target. Maybe Japan and Hongkong or U.S with high usage, certainly different from the state of activity unlike them.

when we talk about resources, although some altcoin projects exist that make natural resources their primary target, I'm sure they must have overcome their impact. this must happen because of the era that has progressed.


Title: Re: This is why crypto will die
Post by: kpcian on January 21, 2018, 12:52:33 AM
First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



I got your point regarding the power consumption but It's true that Cryptocurrency will be the main element of the transaction purpose, you have to realize that Already a lot of Money invested in this platform and people are getting engaged in this system day by day.
If this system will get collapse then you can be assured of seeing another economic recession like 2007 in Europe. But Definitely, Cryptoworld has brought us a vulnerable economic system and we are becoming dependnet on this platform day by day.


Title: Re: This is why crypto will die
Post by: Anti-Cen on January 21, 2018, 12:57:50 AM
Someone forgot to take his meds today  ;)

Yes and its you


Title: Re: This is why crypto will die
Post by: Lauren Smith on January 21, 2018, 12:58:50 AM
First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.


Your post shows a lack of understanding of the fundamental science behind cryptocurrencies. Crypto has nothing to do with destroying the environment. And by "destroying the planet", I'm guessing you mean all the energy that goes into mining Bitcoin and other proof of work based cryptocurrencies. Bitcoin and several other cryptos use proof of work, which requires a huge amount of power. But, that is not a property of cryptocurrencies in general, that was one implementation to make the network more secure. In the future, cryptocurrencies will adapt to be more energy efficient, and that is already happening. Thus, your post is not considering advances in technology.

He is crazy. Should we all stop driving cars too? Do you know how much damage cars do? Mining cryptocurrency doesn't use any more electricity then driving to the shops and paying in fiat. People seem to forget that banks use servers too they just not called miners and they work differently. Every single online transfer or trasnfer from your credit card all goes online and there has to be server computers to process this and they are owned by banks. Instead of that we have miners that can be used by anyone and not just the banks like the banks server computers are all private and controlled.

On a global scale mining is not a problem in the slightest. The OP should fight other causes.... Perhaps use hemp and solar power to power your mining rigs?


Title: Re: This is why crypto will die
Post by: coinycoiny on January 21, 2018, 01:11:02 AM

He is crazy. Should we all stop driving cars too? Do you know how much damage cars do? Mining cryptocurrency doesn't use any more electricity then driving to the shops and paying in fiat. People seem to forget that banks use servers too they just not called miners and they work differently. Every single online transfer or trasnfer from your credit card all goes online and there has to be server computers to process this and they are owned by banks. Instead of that we have miners that can be used by anyone and not just the banks like the banks server computers are all private and controlled.

On a global scale mining is not a problem in the slightest. The OP should fight other causes.... Perhaps use hemp and solar power to power your mining rigs?

Some would say I am mad as a hatter.

But comparatively sane in this company :)


Title: Re: This is why crypto will die
Post by: pixie85 on January 21, 2018, 06:48:49 PM
Thank you for the replies guys.

Its a bit like talking to Jehovah's witnesses on here but I do enjoy a challenge!

Oh well, back on the meds.

Let's be completely real and objective then. You're claiming that too much power is being used on mining and that it's destroying the planet.
My question to you is how much energy is being produced and wasted?  Power plants are able to make much more than is being drawn at night, when most businesses are offline and people are sleeping in their beds. You can't store power (unless you're willing buy that overpriced tesla home battery) so it's much better to use it on mining than let it go to waste.


Title: Re: This is why crypto will die
Post by: fireblond on January 21, 2018, 07:19:55 PM
First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.


In the video I understand using monitors to run his crypto farm makes it easier but he should seriously consider an alternate solution. That would save more electricity. Additionally, I feel like on the grand scale of things Its causing more good than harm. When it comes to destroying the planet you need to look into waste and global warming. Not crypto learning :p


Title: Re: This is why crypto will die
Post by: boruto99 on January 24, 2018, 05:12:31 PM
why do you say so? we have a very unlimited energy.
maybe you are too worried ..
Relax bro ;D..


Title: Re: This is why crypto will die
Post by: paolo099 on January 24, 2018, 05:16:38 PM
waste a lot of energy? yes
but you forget the others crap going around like the global warming (if you are american you might not trust it), China who denied to use filters on their factories with the highest pollution on earth and others stuffs.. let's concentrate on BTC drawing energy.
Focus on different stuffs not just posting bullshit here.


Title: Re: This is why crypto will die
Post by: freightjoe on February 13, 2018, 10:22:08 AM
First watch this vid.

https://www.youtube.com/watch?v=3LSBZtL_sLs

Crypto is incentivising people to destroy the planet.

At the moment the world is focused on getting rid of plastic, I'd say crypto is what we need to get rid of next.

If your crypto isn't green it's going to be taken out and shot. If your favourite coins don't destroy the plane they might have a future.



BTC is too energy consuming