Bitcoin is dead, long live ... what?

[Mahanton]

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.

I also don't see any death from bitcoin, currently the crypto market is sluggish but development can still be done.
so shouldn't call bitcoin dead, because this is just a decline phase.

People would be having this kind of common lines towards Bitcoin specially on declining prices.

1. Bitcoin is dead
2. Bitcoin is outdated
3. Bitcoin would be overtaken with some better coins
4. Bitcoin cant be regulated

How many times Bitcoin died?
Bitcoin has died 474 times

From Bitcoin Obituaries - "Bitcoin is Dead" Declared 400+ Times
https://99bitcoins.com/bitcoin-obituaries/

But we are still breathing and still going strong even after a decade+. Well, we do have our
own choices though on which one or where we would really be making investment.

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[vekkuyam40]

Still no answer to the original question about comparison of the three altcoins. Is this an altcoin forum or what?

If you all think bitcoin is able to resist the NFT/ordinals attack, why don't you go to the main forum, where the attack is discussed? There, some people at least understand the threats it poses (although still no signs of resistance). Maybe you can offer some approaches how to resist the NFT attack if you think it can be overthrown?

[acener]

I've been hearing or reading those lines for so many times.
I couldn't count how many times Bitcoin has died now ever since I got into crypto community.
If we would look at it there would always be some crypto that would fit on Bitcoins flaw but that doesn't mean that it would take it's place.

[yohananaomi]

I've been hearing or reading those lines for so many times.
I couldn't count how many times Bitcoin has died now ever since I got into crypto community.
If we would look at it there would always be some crypto that would fit on Bitcoins flaw but that doesn't mean that it would take it's place.

It seems that those who say this are afraid that it will actually happen so that maybe the investment they have made will be lost, but is it actually possible for it to happen? it's always possible if there is a substitute that can provide more than bitcoin, so many people switch from bitcoin. but if there is none then when the price of bitcoin decreases it is certain that many will buy it, then bitcoin will not disappear.

[Doan9269]

Still no answer to the original question about comparison of the three altcoins. Is this an altcoin forum or what?

If you all think bitcoin is able to resist the NFT/ordinals attack, why don't you go to the main forum, where the attack is discussed? There, some people at least understand the threats it poses (although still no signs of resistance). Maybe you can offer some approaches how to resist the NFT attack if you think it can be overthrown?

When we are discussing about bitcoin, we cannot do without mentioning that it's the most reliable cryptocurrency either people like it or not, the fact the bitcoin is so accomodative to have the inclusion of Inscribed ordinals isn't a vulnerability to the network but a more way to show how diversifying it is, ordinals mean no attack quite alright but what bitcoin did cannot be accomplished by any other crypto n this regards and yet nothing changed about it being affected, bitcoin has cone to remain and stay, with or without ordinals.

[lixer]

I've been hearing or reading those lines for so many times.
I couldn't count how many times Bitcoin has died now ever since I got into crypto community.
If we would look at it there would always be some crypto that would fit on Bitcoins flaw but that doesn't mean that it would take it's place.

It seems that those who say this are afraid that it will actually happen so that maybe the investment they have made will be lost, but is it actually possible for it to happen? it's always possible if there is a substitute that can provide more than bitcoin, so many people switch from bitcoin. but if there is none then when the price of bitcoin decreases it is certain that many will buy it, then bitcoin will not disappear.

I don't understand why would people still think that Bitcoin will die or Bitcoin is dead when there are absolutely no signs of anything like that. Is Bitcoin's price going down constantly? No. Are people abandoning Bitcoin and switching to other alternatives? No. Are industrial investors withdrawing their investments from Bitcoin? No. Since none of these are true, I don't see any reason for people to think about that.

People need to understand that Bitcoin is not going to die, it is here to stay for at least a few more decades, we don't know what might happen in the future because there can be better technology but for now, there is none, so nothing can replace Bitcoin for the time being.

[judaspriest]

I've been hearing or reading those lines for so many times.
I couldn't count how many times Bitcoin has died now ever since I got into crypto community.
If we would look at it there would always be some crypto that would fit on Bitcoins flaw but that doesn't mean that it would take it's place.

It seems that those who say this are afraid that it will actually happen so that maybe the investment they have made will be lost, but is it actually possible for it to happen? it's always possible if there is a substitute that can provide more than bitcoin, so many people switch from bitcoin. but if there is none then when the price of bitcoin decreases it is certain that many will buy it, then bitcoin will not disappear.

I don't understand why would people still think that Bitcoin will die or Bitcoin is dead when there are absolutely no signs of anything like that. Is Bitcoin's price going down constantly? No. Are people abandoning Bitcoin and switching to other alternatives? No. Are industrial investors withdrawing their investments from Bitcoin? No. Since none of these are true, I don't see any reason for people to think about that.

People need to understand that Bitcoin is not going to die, it is here to stay for at least a few more decades, we don't know what might happen in the future because there can be better technology but for now, there is none, so nothing can replace Bitcoin for the time being.

Somehow some people think that Bitcoin is going to die and sometimes what they say is baseless,
things like that are just a waste of time because until now Bitcoin still exists and is still the king of crypto,
we never know what will happen in the future so just follow the developments.

[southerngentuk]

These are completely baseless. It's hard to understand how I see people talking so much about this when many people themselves are still investing in bitcoin. If you are afraid, why not go back to other investment channels such as gold, stocks, ... but just invest in bitcoin. Complaints less, let's look at the reality and see how bitcoin has maintained the blockchain for more than a decade. So while its fate is uncertain, let's see how it develops further into the future.

[raidarksword]

This is the other way around, despite the attacks of SEC on crypto currencies Bitcoin still show dominance no matter what and many institutions are jumping now on Bitcoin that's the reason why we are above $30k again. Sick and tired of reading that Bitcoin is Dead in fact it is the future payment system and store value that is better than gold!

[ElmedoRator]

These are completely baseless. It's hard to understand how I see people talking so much about this when many people themselves are still investing in bitcoin. If you are afraid, why not go back to other investment channels such as gold, stocks, ... but just invest in bitcoin. Complaints less, let's look at the reality and see how bitcoin has maintained the blockchain for more than a decade. So while its fate is uncertain, let's see how it develops further into the future.

They lose, the investment is not as expected simply lack of knowledge and experience about it. Because the market it always covers such things, it is not born to please us, but we must find satisfaction with them. I understand how some people feel that btc is bad for them, when you're not patient enough with the market and just let it rule you, it's hard to feel satisfied. Not only another investment channel, but what needs to be corrected is the knowledge when participating so that you do not have to be dissatisfied with everything.

[@sriyan]

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?

I don't think Bitcoin is dying. But I can say all altcoins are dying after the some time including dash, monero and zcash. Because Bitcoin is the king of the cryptos.

[CapGelatik]

Only people who lose can say things like that, I'm sure institutional investors, influencer investors, retail investors will not say that Bitcoin is dead and will not live,
because investors have enjoyed and believe the results of Bitcoin are very real,
even the technology below Bitcoin is Blockchain has also been implemented worldwide, so mass adoption will continue to occur.

[Bitstar_coin]

@OP you see btc dying and yet you found coins like dash, monero, and zcash as active and alive   you gotta be kidding me.
Yeah it is very obvious that you are either clueless or a troll and I think you are the later.
Sure Btc is definitely dying so should you go load up on dash ASAP.  

[Tomcolor]

If the btc price will death then crypto market will death surely so we couldn’t said that. Bitcoin alive always and you should wait still start bull market so never nervous for price. You may know bitcoin price unstable so how we could expect always up! Anyway if crypto market will received millions investors then the price of bitcoin will rising.

[SaveOurSea]

If the btc price will death then crypto market will death surely so we couldn’t said that. Bitcoin alive always and you should wait still start bull market so never nervous for price. You may know bitcoin price unstable so how we could expect always up! Anyway if crypto market will received millions investors then the price of bitcoin will rising.

Somehow some people think Bitcoin will die because I don't think Bitcoin will die easily,
regarding the market it's better to react by staying calm and when it's bullish everything will go up,
I hope people don't have to worry too much.

[Silberman]

If the btc price will death then crypto market will death surely so we couldn’t said that. Bitcoin alive always and you should wait still start bull market so never nervous for price. You may know bitcoin price unstable so how we could expect always up! Anyway if crypto market will received millions investors then the price of bitcoin will rising.

Somehow some people think Bitcoin will die because I don't think Bitcoin will die easily,
regarding the market it's better to react by staying calm and when it's bullish everything will go up,
I hope people don't have to worry too much.

While it is true I think allowing ordinals on bitcoin has been a disaster, it is not as if this is a mistake that is impossible to correct, if anything we just need the developers to agree to remove this feature and then everything will return to the way things were, and I think a great deal of the community will be behind this change as the only ones that benefited from such change are scammers and speculators which care nothing about the network they are using.

[Reatim]

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.

you have been online recently but where is that "Permanently Clogged Mempool"?   because upon checking these days it seems that there are already good flow?

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

week later what is the movement of those coins and are you shilling about those mate?

there is no disadvantage but still bitcoin is not dying and never die before altcoins that you mentioned .