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Some projects will die in this during this current crash. The most likely force to kill off projects will be: 1. lack of developers to adapt to cheap 51% attac
by EthanHeilman 8y ago
Some projects will die in this during this current crash. The most likely force to kill off projects will be:
1. lack of developers to adapt to cheap 51% attacks,
2. cheap 51% attacks will lead to those coins getting delisted from exchanges since attacks will cheat exchanges via 51% double spending attacks (something which has happened a few times already)
3. With no ability for people to safely buy or sell coins those coins will die.
I don't think this will happen to BTC or ETH. I think Ethereum will look very different in 5-10 years.
- Animats 8y agoBTC may survive, but ETH is down more than 90% and it's not looking good.[1] [1] https://coinmarketcap.com/currencies/ethereum/ https://coinmarketcap.com/currencies/ethereum/
- EthanHeilman 8y agoIt is counter-intuitive but 90% drops in the price of a cryptocurrency don't result in that cryptocurrency dying. What kills a cryptocurrency is exchanges delisting it and/or having no developers. Price decreases are unlikely to directly cause either of these to happen to Ethereum.
- wtvanhest 8y agoIsnt the price reduction what can lead to the 51% attack?