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A comment on Crypto Market Crash Leaving Bankrupt Startups in Its Wake. Parent comment

Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by EthanHeilman on Sunday December 09, 2018 @01:13PM (#18642286)
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.

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Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by Animats on Sunday December 09, 2018 @02:56PM (#18642910)
BTC may survive, but ETH is down more than 90% and it's not looking good.[1]

[1] https://coinmarketcap.com/currencies/ethereum/

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Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by EthanHeilman on Sunday December 09, 2018 @03:48PM (#18643159)
It 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.
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Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake by wtvanhest on Sunday December 09, 2018 @08:11PM (#18644432)
Isnt the price reduction what can lead to the 51% attack?
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