Is BTC under attack? Is this the end of all crypto?

I don't get how anyone could construe off-chain transactions as "centralized". If anything this is a decentralized concept, since not everything has to happen within the main chain which there can only be one of.

You're missing the point of bitcoin entirely

Not talking about that shit mate.

It's most definitely a spam attack and if the Segcoin chain can't survive it then it doesn't deserve to exist.

Segcore and their cum guzzlers are more than welcome to return the favor, but good luck trying to overload the 8mb blocks.

You said
>the main chain which there can only be one of.
Irrelevant. All that matters is that it is distributed among many nodes

On top of that, there's literally nothing going on in the BCH blockchain. People are buying the currency but not using it at all. BCH will get destroyed in 24h. How is this not a scam?

The real bitcoin is still under $1500.
It isn't too late.

medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800

cointelegraph.com/news/lightning-network-will-be-highly-centralized-gavin-andresen

A single chain is still centralized to whatever group has the most hashpower to generate it - indeed, we already had cases where large mining groups were exploiting this. Having everything on many nodes only improves redundancy.

Never even mentioned bitcoin m8 ;)

"Real Bitcoin" which nobody was using in the last few months and is dead as a currency even now. It's a coin which is used against it basic purpose, does this make any sense to any of you? It's nice to ride the wave, but as soon as it ends, it ends.

I think I'll just move to ETH until this all calms down. This is all too fishy.

Link me to a peer-reviewed paper and we'll start talking.

they can't keep this attack up forever user
it will go back up in time

Stupid retard

lol go back to Veeky Forums you fucking retarded cuckold

you literally have the bitcoin developer admitting that it will be centralized, and that he's ok with it

fucking faggot

BTC is having a much needed correction and BCH is pumping. Chill the fuck out and enjoy the profits

Youre a dumbass nigger

This is happening because segwit2x was called off so they said fuck it we will march on without the Core Cucks of Bitcoin1.0.

Welcome to Bitcoin Cash (2.0)

>BTC is having a much needed correction
It can't be called a correction if it's forced.

The offer still stands ;)

It's not forced. BTC only pumped hard for that shitty hard fork which never occurred. Now Jihan is pumping Bcash while BTC is correcting.

>pumps over fomo, rumours and an upcoming fork
>all that shit dies
>forced
>m8

I want to kill that kike chink. Down 2.500 euro now.
Wtf is he trying to accomplish but only giving him a scam fucking name

Bitpay is gonna accept bch soon.

Hashrate is swinging towards BCH right now.

when youre all in on some promising alts
:)
fuck you bitcoin

guys, no need to be emotional over a coin. is the bch sudden rise fishy? yes. is segwitcoin core corrupt? yes.

we are all in this for the money, currently btc is worth more. if bch overtakes it, you can jump ship because it will be more profitable and you don't want to own a losing coin.

at this point, it is just gambling, wether you will earn extra profits on bch rise, or lose if it turns out to be a p'n'd. be smart and minimize your loss, not chase profits. there will be plentiful times to do that, cheers

Kill yourself vermin

BCH is a shitcoin with no future

u mad the real bitcoin is taking over?

I made this meme and I am so proud to see my baby being memed into the world

thank you for your great contribution, please make more

I made that meme
stop using my meme

>currently btc is worth more. if bch overtakes it, you can jump ship
Buy high sell low, NEVER change Veeky Forums

Glad my meme is making it through the world, my little baby grew so fast

This is my meme
You are required to tip me BCH on reddit to use this meme
I am /u/luke-jr

I made this meme, stop violating my copyright

Thanks for using my meme, handsome

Hey thats me. I used to laugh about the BHSL meme but its too true. At first the fomo kicks in and than you want to minimize your losses.

Guess i had to pay for this lesson.

I made this meme 2 days ago, glad someone saved it!

>50+% network hashpower physicly located in china
>giant amount of stakeholders of BCH in china
its a ddos
that isnt suprising or unexpected
a lot of people have seen this comming for a while
but the btc dev team has been asleep at the wheel
havent dont a lot of changes that could mitigate some of the damage that is now done financialy
>hur dur no blocksize cause miners revolt
>hur dur no ddos mechanism because plebian miners will be meatshields that prefit fromt hat and btc will recover in time
that whole shitshow of kids with needs gets old

How much bitcoin cash did Jihan "fuck your mother if you want fuck" Wu premine again?

>but the btc dev team has been asleep at the wheel
Yeah, I think if they can't handle it they deserve it.

But the long term consequences will be dire, if crypto can be manipulated this easy we'll never be safe.

It just so seems that my cock that I use for jerking off is pulsating at this very moment

I MADE THE FUCKING MEME

>UNBREAKABLE TRUSTLESS TECH UNHACKABLE

the cost for this whole thing are very high
lots of hardware
lots of transactions you will lose

its definitly quite difficult
i work at IT security and normaly this would be prohibitiv to execution of normal cabals and imply state operations but this is biz so idk if they just do such stuff cause the gains would be legit but unethical

none

《《《They》》》

This event pretty much has proven a new recipe for instant gains - instead of putting sell walls whales will just buy/sell in thousands of tiny little chunks which will clog the blockchain and cause a huge wave of panic selling.

Nothing will be safe except for next generation coins such as ETH, Ripple, Dash etc.

lol sure cunt

I made the "I made this meme" you pack of thieving cunts

lol use your fucking brain. DYOR

bitcoin cash is a fraudulent centeralized inflationary currency

The people buying into this are going to get burned hard. Its gonna be great

Roger Verconomics at work. Just be happy that everytime big blocks tards pretend to fake mempool usage with spam they are wasting money.