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1  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: January 02, 2018, 12:08:59 AM
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
I think it is no because bitcoin is the base of all crypto currency it is the father of all crypto so they cant replaced it in no.1 but it has also possiblities that they can replace it i think ethereum is the next bitcoin that will grow or be competence of bitcoin but somehow still if other currency is increasing well bitcoin also will increase.

Jiaozi was the first fiat money around the 11th century. There was only a limited amount.
Who uses Jiaozis today?
2  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: January 01, 2018, 10:21:16 PM
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?

This makes perfect sense and only XRP can replace it. Because XRP is one of the coins manipulated by banksters (not a mining coin).

this depends on us.
I don't want XRP to take over. If nobody except bankers invest in ripple it will not take over.
3  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: January 01, 2018, 09:33:26 PM
Yes it will. Very soon I predict.
Bitcoin will come crashing in the coming months in 2018. Its dropped ever since 20k and doesnt have the momentum to go up again.

Bitcoin is a shitcoin. A glorified shitcoin.
Yes it was the original cryptocoin and have made the way for the cryptospace to grow and thrive.
But today its a dead shitcoin.
It consumes so much electricity just to have the network running. It painfully slow. The network steals your money everytime some does a transaction because the fees are so high. It have forked to several subcoins because people cant agree and is soon forking more.
Bitcoin is mined today by the wealthiest miners that can afford expensive farms or hardware that overcome the laughable high resistance on the network, the rest are nothing more than investors. Investing on a shitcoin.

Time to move on. People are dumping their Bitcoins for something else today like XRP and Ripple, and I suggest you people do the same because odds are high that Bitcoin will drop bigtime in 2018. Unless you want to go down with it.

I partly agree but not with your conclusion.
Ripple might be better with transactions, but what about privacy and decentralisation? Shouldn't we look for a good replacement?
4  Alternate cryptocurrencies / Altcoin Discussion / Is IOTA scam? on: January 01, 2018, 09:26:15 PM
Why do many people believe IOTA is a scam?
5  Alternate cryptocurrencies / Altcoin Discussion / Energy efficiency of altcoins on: January 01, 2018, 09:15:40 PM
I found data about energy consumption of bitcoin which is dramatically high. I hope it can be replaced by another currency which uses less energy for transactions.
Most cryptocurrency use allegedly less energy but I couldn't really find data how much.
Is it only a little bit or much less?
Can someone help me to understand the scale of energy consumption of bitcoin vs. selected altcoins?
Looking forward to your answers!   Smiley
6  Economy / Economics / Re: Energy consumption will become an issue if bitcoin really breaks through on: January 01, 2018, 09:01:25 PM
I don't think government intervention will change anything. There will always be some government somewhere that won't restrict PoW mining.
4 years after the OP, we're still at the same point. The problem has maybe gained a wider awareness, but solutions are either not very popular (PPC, NXT...) or need yet to be proven (Ethereum's Casper PoS, Cardano's Ouroboros PoS)

edit: there's not only PoS solutions. IOTA could be an ecological alternative too.


Let's say that PPC has equal security, etc, to bitcoin, that both of them have the same transaction fees, and PPC uses dramatically lower energy consumption. What would cause a shift to PPC? It seems to me that there is no economic incentive for anyone to switch from bitcoin, now and in the near future.

a motivation for environmental friendly products.

Early bitcoin investors believed in ideas not in quick money.
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