Is Bitcoin Literally Killed By Jihan?

We should have reached 5K now if there is no Bitcoin PnD scheme which crashed the confidence

Other urls found in this thread:

blockchain.info/unconfirmed-transactions
blockchain.info/charts/hash-rate
blockchain.info/charts/hash-rate?timespan=all
twitter.com/NSFWRedditGif

now the PnD of Bitcoin Cash is over
it is bringing down Bitcoin along with it

Not killed but created a lot of problems for crypto overall for his own gain. People say nobody owns bitcoin but this guys can essentially do enough damage to shake up a whole market if not kill it completely

BTC is worth 4k
BCH 590$

Shill, nothing has been killed.

Problem with crypto is that everything trades againt btc. And btc is at ongoing battle with bitcoin cash. We need something safer to trade against or whole market can be fucked overnight.

This is what happens when one guy has so much control. He throws a fit and were fucked

Price standing still for BTC is good for alt coin market.

BTC is hardly holding 4K
Remember it was @4800 a few days ago?

The BTC network stopped working.You literally can't use it for transactions anymore. It's over. BCC already has 32% of the hash rate, BTC can't recover from a 51% loss, and the mining pools haven't even fully converted to BCC yet (though have stated they plan to shortly).

I'd say you should cash out but if your money isn't already on an exchange you can't. You literally lost everything.

Its not about the price you mongol, its about hashrate at the moment. Research before you post dumb shit

Which would be otherwise taken over by a centralized network created by companies only interested in their personal gain.

Idiots like you should be publicly executed, you subhuman degenerate dog.

In your feeble retard mind, do you think it's normal for a currency to go up 50% every 5 days? Until when?

You fuckin faggot. You fucking pathetic faggot.

Seriously the world would be better if this guy weren't included

As opposed to miners only interested in their personal gain. And that network doesn't replace traditional transactions.

Mining is cancer.

Centralised network of companies or one chinese autist. Hmmm what would i choose

fuck your mother if you want fuck.

who here is just buying both

>something that maintains the network is cancer

At least Jihan has a sense of humor about the whole thing, Core is made up of stubborn assholes with no redeeming personality traits. I trust the guy with a smirk on his face than the ones who don't.

Care to explain why you think it is a stupid statement?

>The BTC network stopped working.You literally can't use it for transactions anymore. It's over. BCC already has 32% of the hash rate, BTC can't recover from a 51% loss, and the mining pools haven't even fully converted to BCC yet (though have stated they plan to shortly).
>I'd say you should cash out but if your money isn't already on an exchange you can't. You literally lost everything.
If BTC stalls both die, BCH doesn't enough places to exchange fiat. Crypto will crash and ASIC resistant coins will replace both but it will take years to recover.

No sorry, I meant that the criptoworld would be so much better if jihan weren't able to play it

No.
>We should have reached 5K now
False.

I'm stating facts. You can rationalize it however you want, but "this is really bad, don't spread the news!" doesn't change the truth or the real world.

You are a huge faggot.

3 blocks an hour isn't "stopping" the blockchain, if the price maintains another 14 hours it'll be again more profitable to mine BTC and everything will go back to normal, BCH dipping to 400$ and we're done.

Now stop complaining with your faggotry and your BS hashrate that is enough to keep the BTC chain alive.

blockchain.info/unconfirmed-transactions
51000 unconfirmed transactions. was 30000 an hour ago.

BCC killed crypto in general. BTC falls = People lose faith in crypto. Bear market is coming and it wont be pretty

Yea, if bitcoin cash acquires more legitimacy and starts to get listed at exchanges against fiat thats when things will really heat up

Mining as it takes place in Bitcoin is a monumental waste of resources that allows a minority of major investors to toy with its future as we see today.

Seems to me Bitcoin killed itself, if your network falls apart because a significant percentage stops mining, whose fault is that?

this is the stupidest fucking statement.

it's like saying "myspace fails people lose confidence in social media"

it doesn't fucking matter what confidence people have, if the technology is good it will attract people. might ruin your day trading for a while but crypto wasn't invented to be a stock to trade.

When is cash being pumped again?

It's already listed on kraken.

it's the free market 101, something btc fan boys fail to understand because they're probably closet socialists.

if you fuck the progress of your own coin up so much, people will flock to another coin and once that coin becomes more profitable to mine than your coin, the miners will leave and do whats best for them. the market decides which coin is the best, not bitcoin core developers or their propaganda team.

You are the reason they say a little knowledge is dangerous

My bet is:
Either BTC prevails and BCH goes back to 300$, sitting calmly as a good dog

Either BCH prevails and goes to 1k$, BTC becomes harder and harder to trade until next adjustments

So I'm half ETH because either case ETH will pump, half BCH because I prefer it technologically.

I might lose the sweets profits I made from the BCH pump (bought at 300$ before the pump), or I double them.

You are the reason big faggotry is dangerous

Even putting aside the economics argument, I mean anything could happen, a major mining farm catches fire, regional warfare and internet outage, there are many things that could knock out a significant portion of the hash and collapse the network and Core devs never once thought "hmm maybe we should have a backup plan"....the best programming team there is my ass.

>it's the free market 101, something btc fan boys fail to understand because they're probably closet socialists.
>if you fuck the progress of your own coin up so much, people will flock to another coin and once that coin becomes more profitable to mine than your coin, the miners will leave and do whats best for them. the market decides which coin is the best, not bitcoin core developers or their propaganda team.
If BTC dies crypto market will crash and no one will ever use a SHA256 coin again. when the market eventually recovers one of the alt coins with more development will take over not BCH.

There's enough money in play here, and enough people with enough skin in the game.

I guess I'll say the obvious thing.

Why doesn't somebody just kill him?

Think about it for a second. BCC is a chink-controlled coin.
China's reputation is shit and for good reason. No one trusts them. They don't even trust each other and that won't be changing any time soon.
BCC is literally just a fud campaign to shake out dumb, weakhanded btc holders.

Is it just me or does this chink have a really nice punchable face?

So what? So be it. You chose the free market model and you're mad that it's running its course?

this is assuming that bch doesn't take over bitcoin at 4k and stay there.

>Chinese people don't trust each other
>Chinese mines are controlled by one cohesive entity

I don't think one mining farm going down would have a significant impact.

Its just variance man. BTC will continue to 20k BCH will lag behind the entire way.

You don't need trust.
You need miners.

Go read Satoshi.

Im sure a person with that much worth and power is backed by somr element be it govt or shady establishments

China shutting down its internet will. Which WILL happen during wartime.

Average users aren't financially invested in Myspace. They can switch services on a dime without any penalty.

This isn't a free market situation. It's a technological flaw that everyone has been respectable about up until now. Cash isn't going to replace Bitcoin, hit 4k, and everything is fine. Users already decided what coin they want. Miners are gambling that they can force a change by crippling the network, and they're wrong - they'll cripple their own farms and send that investment into a black hole, along with most of the market.

>Be China Communist Party
>Have all kinds of obstacles to dissuade foreign investors and regularly treat them with disdain by stealing their technology
>Want a coin to rival btc
>Expect foreigners to trust them and invest in their coin given their deplorable track record

You shill retards are fucking dreaming.

>doesn't trust chinks
>trust fucking israel

>BTC
>Israel

Meme spouted by Chinkcoiners.

Thanks for posting this.

(((Blockstream))) is literally five developers with kike names. Even BCH has larger developer pool.

new to this BTC/crypto space. Should I just buy BCC? is BTC dead?

walk on home boy.

yea dead , sell us your btc

Nigga, Bitcoin /IS/ a PnD. All cryptocoins are. They have a maximum lifespan of ~100 years based on 2013 tech.

Cryptocurrencies basically are just pyramid schemes up until the chain stretches too thin, and then they're just a static with nothing behind them to maintain value and no ability to make advances.

>blockchain.info/unconfirmed-transactions
>54K pending transactions
>3.7 transactions per second
>~240 hours
>literally 10 days to get the backlog cleared
get ready to buy the dip boys, buy the dip and then wait 10 days for it to arrive in your wallet

No way punk

No, jihan killed his own bch

>The BTC network stopped working.

It hasn't.

>You literally can't use it for transactions anymore.

You can.

> It's over.

It's not.

>BCC already has 32% of the hash rate, BTC can't recover from a 51% loss.

It's fine:
blockchain.info/charts/hash-rate

> the mining pools haven't even fully converted to BCC yet (though have stated they plan to shortly).

[citation needed]

> You literally lost everything.

4000$

lol

Here is the list of (((developers)))

Bch plan is officially dead

Last time to sell your heavy bags and BEND THE KNEE

Autists, please realize that BCH is one or two developers. Read the changelog for bitcoin core 0.15 and think whether you want to bet on the world's smartest developers or a few b-level autists. blockchain.info/charts/hash-rate?timespan=all stop believing the shills and look at the hashrate graph yourself.

BTC has a whole team of devs and the only thing they've done in years is find a way to strip data out of blocks, I wouldn't call that a ringing endorsement of their talents.