Quote from: muslol67 on July 24, 2019, 09:35:36 AM

Quote from: rufio90210 on July 24, 2019, 09:32:40 AM

Hi,

Im new to trading, there are so many coins and I keep reading about bitcoin being unsustainable regarding energy it uses to mine and there are coins coming out with faster transactions time.

If this is the case, Why is bitcoin considered the main one and its price not crashing from the threat of these other more equipped coins? Is bitcoin still able to develop and evolve and become energy sustainable and compete with faster transaction times if it is decentralized? No one is able to improve it?

The subject of mining and energy is completely relative. The energy consumed in today's conditions will not be the same as the future. Perhaps, as a result of some technological developments, energy consumption will decrease. I think we have more important problems, such as legal regulations.

Yes, the main problem here is not the electricity consumed whether it is high or low but the government regulations that stopping Bitcoin to enter the market legally. Bitcoin price is not crashing because many people are holding it. There will never be replacement of Bitcoin since all alternative cions started because of Bitcoin.