Is BTC really fucked or are some spergs just trying to bump the value of their own BCH?
Is BTC really fucked or are some spergs just trying to bump the value of their own BCH?
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miners already signalled in favor of segwit. dont fall for this crap
look at the numbers you fucking nigger. btc is fucked
Partially both.
I own an equal amount in both so I don't really give a fuck at this point but the profitability increase for miners switching to BCH/BCC and this stupid shit with bitfinex isn't going to help BTC.
what numbers?
my thoughts exactly. Doesn't mean shit.
The reader who is paying attention will notice that it's the same few phrases that keep getting repeated over and over, such as:
50% more profitable to mine
look at the numbers
Nothing else is offered other than these apparently final words on the subject.
>50% more profitable to mine
At 25% original value because to kill BTC is to kill the market
Exactly man feels like a bunch of +/- 10 people all with a big stake in BCH trying to get the fever going for it
OK, economics time.
Let's assume miners care only about profit, and not which crypto is better.
If both chains continue to exist, hashrate will balance out and orbit 50/50, why?
Example.
BCH is more profitable to mine, miners switch from BTC to BCH, BTC difficulty rebalances down, BCH difficulty rebalances up.
Now BTC is more profitable to mine, miners switch from BCH to BTC, BTC difficulty rebalances up, BCH difficulty rebalances down.
Repeat forever.
>profitability to mine bcc
>gazzilions of unbacked tethers pumped in to pump btc
BCC
FASter transaction times
cheaper fees
better scalability btc only 3tps bcc 10 tps
profitability is soaring already above 50% going up 14% more tommorow do some research
btc slow af miners already leaving
more expensive fees
cannot scale with real world adoption
what more do u want lose
and about segwit being signaled nobody wants segwit that was before bcc and thats why bcc is pumping is the best solution and is the solution to the scalability problem
good luck running btc with no miners your difficulty will be fucked for a while bye bye
the signalling was for increase the block limit and thats what bcc does and its been tested before and is proven to work research fuckers
Except when miners leave BTC the mempool gets clogged and transaction fees go through the roof, lowering the value of the coin and the usefulness of the network.
If we're talking economics. Bitcoin Cash will become the cheaper, faster, reliable network.
>economics of course.
holy shit man do your own research bcc is better in pretty much every way, except for the mass adoption that btc has rn
See that's what I'm questioning. The truth seems to be that BCC is going to become easier to mine. Is that the same this as more profitable to mine? Why.
Seems to me like basic supply and demand says that if it's easier to mine, then that will drive the price down. What am I missing?
and actually miners wont switch from btc to bcc btc take forever to adjust difficulty and a drop in miners like this fucked bitcoin bitcoin cash fixes that problem by adjusting difficulty to the atmostphere
shut up sperg, I wasn't talking to you.
>Bitcoin Cash
except btc chain doesnt have eda meaning that if miners switch to bcc, btc will be useless for 2 weeks to months at a time...
>muh economics
>thinking crypto is a traditional market
oh yes go on buy btc then kiddos the price is low!!!!
Is BTC fucked? Hmm lets see.
-BTC cost 150x time more to make a transaction than BCH
- Retarded devs that refuse to do a simple at least 2mb upgrade
-BTC less than 50% of the total crypto marketshare in 6 months
-Ridiculous confirm times
- In a bubble and overvalued
-Has segwit which noone will use (see litecoin)
-Less profitable to mine
- 0 marketplace adaption since start of bullrun
- might lose bitpay service
Yep this coin is fucked once miners start moving to BCH. I'm not trying to be biased but if bitcoin has never had this bullrun this coin will be dead long ago
You forgot the pile of fake money propping the entire house of cards up.
Not a single thing you said convinces me of anything. Just seems like you're blowing a bunch of smoke out your ass, but saying it with such confidence...
look at these numbers u fags
cash.coin.dance
BCC is currently ~40% more profitable to mine and it hasn't even dropped difficulty to mine blocks every 10 minutes so it's due for a huge difficulty change and massive profitable increase.
The flippening is happening soon. Buy BCC or start making some amusing new pink wojacs,
ok prove him wrong
btc could adopt an eda too if it needs it
Was wondering this, can't BTC shift to adapt?
That would be true if the core devs could be trusted to hardfork for something as simple as moving the blocksize from 1mb to 2mb.
Simple expanation..vrc is the original crypto, period.
BTC is like ETH
BCH is like ETC
Etc has claimed the same crap on overtaking eth just like bch holders say they'll overtake btc, it's just pumping for fomo (due to difficulty adjusting), then dumping back to under 10% btc value.
With all these people repeating the same thing though, the whales make money by doing what people do not expect. One thing I've learned is that nothing is a sure thing in crypto, and the louder the screeching is around here about something, the more cautious I become.
Honestly this 1000%
It's the exact same situation and the same type of posts
>lots of BCC still frozen out of circulation in the possession of exchanges that haven't yet distributed to users
>BTC is the one "in a bubble and overvalued"
I can tell you're a legit and totally non-biased poster. 10/10
And what are those numbers? Trading volume? So? You're being dishonest, I just can't help but wonder why?
nevermind, I know why. It's fine. Go ahead and shill.
Haha you really think 80mil$ fake money can hurt btc???? Are you really so naive?
They would need to hardfork to do it, not going to happen.
This, maybe in dumb but easier to mine for me means easier to dump
>chinks pump a few billion into bcc
>btc barely budges
Elevated screeching levels explained.
Just sold all my BCC, what a fucking relief. Nice pump, thanks for the money, time to die.
I'm blowing smoke out of my ass?
cashvscore.com
github.com
bitcoincore.org
coinmarketcap.com
Confirmation times depend on how much you pay. If you want to even compete with BCH in pricing you're gonna have to wait in line. blockchain.info
cryptowat.ch
cash.coin.dance
- Give me a list of big merchants accepting BTC in the last 6 months plz
Gooks are clutching at any straw they can right now.
Ya i just took a bilion to pump bch now stupid neets started buying for 2 bilion last 24 hrs, lozers..
Check the volume before yoy buy people. 2 bilion + is just one guy and his friend pumping
Bcc is over 50% more profitable stupid ass stop spreading lies miner already switching over jus wait till tomorrow
Bcc is over 50% more profitable stupid ass stop spreading lies miner already switching over jus wait till tomorrow it's fees are cheaper faster transaction time and can handle3x transactions per socend then btc
Woohooo mining empty blocks, now thats what i call usefulness hahah
EVERYTIME i listen to Veeky Forums i get fucked
EVERYTIME.
BCH is going down like shit. ill wait until difficulty adjustment tomorrow, but fuck me. im already down 10% here
Did no one else see that this piece of shit coin was down 50% yesterday???
people mistake recovery for breakout
RIP my friend
>tfw im pretty good with price action
>tfw always get fucked when i listen to Veeky Forums and ignore price action
i will hold, fuck this
can someone give a logical outcome to btc's price when segwit activates on wednesday?
$1,000,000 per BTC incoming
Miners dump it because Segwit is corporate socialism to themselves and only guarentees a small set of increasing fees.
Bigger blocks are better for miners and users.
asomeone put up a chart that showed 92% still mined by a single unknown. arent the miners supposed to be flocking over>
dump.
don't buy bitcoin sell sell sell sell !
>Bigger blocks are better for miners and users
This guarantees it's going to fail.
Better tech always loses these types of contests - the vested interests always win. You do realise that BTC was invented by the NSA? You don't seriously think Satoshi Nakamoto is a real person?
BTC was originally supported by Libertarians, Anarchists, and various technologists.
I don't think BCC will go to the same catastrophic heights as quickly.
But I consider Bitcoin cash to be the real Bitcoin. Digital Cash.
bcc blocks are 40 min
btc blocks are 10 min
that will not be true forever.
bitcoin is the king
do not buy jihan bags