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I doubt that the altcoin craze of 2017/18 made btc going into a bubble. opposite to that I think the bitcoin run-up caused the shitoins to rise. interesting question, though. I doubt any symbiotic relationship. it is rather one-sided and rather parasitic.
Well, it seems to be ok. for us to have considerably different views on cause and effect because in the end, we still agree about overall bitcoin dominance and that bitcoin is the head that facilitates the vast majority of happenings in the space... I just have a bit more difficulties accepting a world view in which there is NO value being added by various shit/scamcoins. People in those projects cannot just be written off, because some of them are even involved in BTC, too.. and there is no such thing as purism.. we are not programmed robots, and I would not want such a world anyhow. I like it that there are people out there with varying perspectives from my own... and even sometimes some of those people prosper considerably, even if I believe that they got to their prosperity through lying, deception and/or questionable morals. I am not embracing those people but a world without varying standards would be a boring one.
another interesting question is the role of alts when it comes to regulation. did the existence of thousands of alts cause the regulators to give up on banning bitcoin? I doubt this, but it could be the case.
I am not saying that. I am actually asserting that the world is quite complex and some advantages can be derived from the complexity including a variety of crypto projects in which a large number of people don't even know what the fuck is bitcoin and how it might be somewhat different from some kind of other shit coin project, whether we are talking about ethereum, or bcash or some erc20 token or some other variation of crap.
imho regulators are as clueless as shitcoiners and misunderstand btc from every angle possible. regulators would ban bitcoin and just not care about shitcoins. regulators would hear about some shitcoin scam and blame it on bitcoin.
We can look empirically and see both things happening. Some regulars understand the difference and others don't. Many of them are teachable, but the existence of misinformation causes all kinds of confusion and misunderstanding that is not all bad for bitcoin, in my humble bumble opinion (that concededly continues to differ from yours - regarding how negative of an effect the confusion and misinformation has on bitcoin). Bitcoin no doesn't give any shits.
how to stop shitcoinery?
First of all, I must applaud you for coming up with a list, and really I don't think that there is either a duty or even any kind of compelling reason why bitcoiners need to engage in the activities of your list, but certainly, I am not opposed to people engaging in some of the activities, including the fact that I do already engage in some of the activities myself from time to time, even if I don't perceive myself to be dogmatic about the situation - which I am not going to frown upon anyone who is putting in such efforts within your listed ideas.
1) bitcoiners unite,
Yeah right.. you know the idea of herding cats? You might find some commonality on some core principles, but sometimes devil is in the details, just like you and I largely agree on a vast amount of what we are discussing here, but you are not going to get me to do what you want me to do, and I am not going to get you to follow a program/manifesto that I outline.
2) call out every scamcoin,
How? I understand that almost every single altcoin is a scam coin, but there are degrees in which they are scams, and frequently I am not even going to know the alt coin well enough (or even want to spend time to figure it out) in order to describe the ways in which it (they) are scams... So a BIG ASS waste of time spent merely just "calling them out." I don't want to spend my time studying stupid ass shit coins in order to figure out ways to call out scams. I got better ways to spend my time, including the fact that "calling out" involves a lot of negative energy, and I would prefer to preserve some positive energy in my life.. it is easy to get laid, too, when you are engaging in fun and positive energy rather than constantly battling amorphous moral battles.
3) fight shitcoiners in all btc forums, make them leave,
I barely have enough time to keep up with this thread, and you goofballs, here.... Everyone here is a goofball, except Jimbo... Jimbo is not a goofball because he does not like that term, and he does not tend to be too demanding, so I feel comfortable excluding him from the rest of you goofballs. hahahahahahaha
4) educate the public about shitcoins, try to help people not losing their money to shitcoin artists,
Again, the more we know the more that we might be able to contribute to various kinds of conversations, but I don't want a job in evangelizing while I am out banging chicks, snorting blow and donuting my lambos.
5) argue against crypto agnosticism,
Just that term crypto gets my blood boiling when it is used in an ambiguous context.. so I am with you there... more or less, to th extent that I don't have to engage in too much extra work.
6) make bitcoiners aware that when they buy shitcoins "only to gain more btc" that they are actually funding enemies of bitcoin,
I agree with you generally, but I hate to act too preachy, and sometimes folks have to learn by going through the motions. Of course, bitcoiners can say a variety of things, and sometimes people become motivated just to prove you wrong.. so from my perspective, there is only so much that any of us can do to stop others from trading in other coins... because they are going to do it, and sometimes, profit stupendously on a personal /financial level. Also, sometimes some people can relate to the scam coins more than they feel that they can to bitcoin because the scam coin seems more entry level, which there is some truth to that.. so sometimes they have to lose money and time before they are ready to become more prudent.. and actually some people never become prudent.. they spend their whole lives chasing scams and pyramid schemes and various cryptos provide them with an abundance of opportunities to get scammed over and over and over and over again. We cannot always save peeps from themselves.. even if we talk with solid logic and facts until we are blue in the face.
7) find out how shitcoinery became a thing and develop strategies to prevent a repeating of this shitshow during next run-up,
shitcoinery became a thing because humans would like to get rich quick, and some humans like to be told how to get rich...
I don't see how we can stop or even modify human nature in time for the next pumpenings.
etc etc
o.k. I can do the etc. etc. part... which is banging chicks, snorting blow and donuting in my lambos.
yes, shitcoins are holding price of btc down longer and lower.
o.k.. I know that I said this too, so largely we agree here, but some of the ups and downs of BTC price are just cyclical and momentum anyhow, so it becomes very difficult to measure whether our actions are effective and which various components are causing various effects, and if we change a few variables, will our results come out differently.
why should we accept this and just wait?
I am not really saying to NOT do anything, but I just think that only so much can be done to affect the behaviors of others, and bitcoin already attempts to build in various market incentives that are selfish in nature, and that you do not have to trust anyone and those incentive structures are playing out with good, bad and ugly outcomes, and bitcoin is still alive and well in spite of various ongoing attacks, forks and negative propaganda.
why not declare war on every shitcoin?
Some individuals can find their niche in engaging in these kinds of activities, and perhaps you are describing a niche that you would like to fulfill? I don't really disagree, but I am only going to do a few of these from time to time, myself, because have some other things to do.. .. and I will repeat or not, related to chicks, blow and lambos?
Poll
