Quote from: NeuroticFish on July 16, 2022, 12:27:57 PM

Quote from: 16xypjnxlrew on July 16, 2022, 12:18:46 PM

Then what altcoins other than ETH are not scam? What about a FUN token?

I expect that for every 5000-10000 scam coins, 1-2 are legit. But no, I will not enter your game of looking which one is scam and which is not.

Spot on, and I'd suggest that if 16xypjnxlrew hasn't visited the altcoin section he ought to do so if he wants about 10k threads comparing shitcoins to bitcoin and shitcoins to each other. They're all just spider webs for shitposters, but you'll have to see it to believe it.

And OP, I don't think bitcoin is going to go away anytime soon. Like NeuroticFish said, a lot of altcoins probably won't make it. Most of the new ones are just copies of other coins or don't offer anything in the way of innovation, and on top of all that there are thousands of coins available--and more being created all the time--with only a finite amount of money, there's no way most of them are going to maintain any sort of value.

I've noticed that there's a trend in altcoins, where there are foundations behind the coin and they basically control the marketing and whatnot. It's definitely a trend in PoS coins, and that's concerning to me because it increases the centralization of power for a given coin. By contrast, bitcoin doesn't have any sort of leadership. If Satoshi had stuck around, who knows what bitcoin would be like right now? Look at ETH and the whole mess with them moving to PoS, which is going to affect all the miners and the price, etc. If a coin's creator is still developing it, bad things can happen.

Have some faith. The market sucks right now, but just look at bitcoin's entire price chart and you'll see it's had some wild swings in the past and periods when the price was flat. It won't stay stagnant forever.