[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

Is BTC really fucked or are some spergs just trying to bump the

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 62
Thread images: 10

File: DELHn36V0AAwLBD.jpg (128KB, 986x1024px) Image search: [Google]
DELHn36V0AAwLBD.jpg
128KB, 986x1024px
Is BTC really fucked or are some spergs just trying to bump the value of their own BCH?
>>
>>3120845
miners already signalled in favor of segwit. dont fall for this crap
>>
>>3120845
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.
>>
>>3120871
what numbers?
>>
>>3120889
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.
>>
>>3120909
>50% more profitable to mine

At 25% original value because to kill BTC is to kill the market
>>
>>3120909
Exactly man feels like a bunch of +/- 10 people all with a big stake in BCH trying to get the fever going for it
>>
>>3120909
>>3120889
>>3120900
>>3120871
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.
>>
>>3120889
>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
>>
>>3120921

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.
>>
>>3120909
holy shit man do your own research bcc is better in pretty much every way, except for the mass adoption that btc has rn
>>
>>3120921
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
>>
>>3121021
shut up sperg, I wasn't talking to you.
>>
File: summerfags.jpg (2MB, 2504x1669px) Image search: [Google]
summerfags.jpg
2MB, 2504x1669px
>Bitcoin Cash
>>
>>3120921
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!!!!
>>
>>3120845
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
>>
>>3121137
You forgot the pile of fake money propping the entire house of cards up.
>>
>>3121137
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...
>>
File: btfo.png (28KB, 800x557px) Image search: [Google]
btfo.png
28KB, 800x557px
look at these numbers u fags
>>
>>3121025

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,
>>
>>3121167
ok prove him wrong
>>
>>3121083
btc could adopt an eda too if it needs it
>>
>>3121211
Was wondering this, can't BTC shift to adapt?
>>
>>3121211
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.
>>
>>3120845
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.
>>
>>3121199
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.
>>
>>3121237
Honestly this 1000%

It's the exact same situation and the same type of posts
>>
File: OK.jpg (15KB, 375x305px) Image search: [Google]
OK.jpg
15KB, 375x305px
>>3121137
>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
>>
>>3121191
And what are those numbers? Trading volume? So? You're being dishonest, I just can't help but wonder why?
>>
>>3121275
nevermind, I know why. It's fine. Go ahead and shill.
>>
>>3120925
Haha you really think 80mil$ fake money can hurt btc???? Are you really so naive?
>>
>>3121211

They would need to hardfork to do it, not going to happen.
>>
>>3121025
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.
>>
File: blade_runner.jpg (213KB, 620x412px) Image search: [Google]
blade_runner.jpg
213KB, 620x412px
Just sold all my BCC, what a fucking relief. Nice pump, thanks for the money, time to die.
>>
>>3121167
I'm blowing smoke out of my ass?
https://cashvscore.com/ (fee per kb)

https://github.com/bitcoin/bitcoin/pull/10982 (devs will reject anyone running btc1 SEgwit2x

https://bitcoincore.org/en/2017/08/18/btc1-misleading-statements/

https://coinmarketcap.com/charts/#dominance-percentage (see from march to now)

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. https://blockchain.info/unconfirmed-transactions

https://cryptowat.ch/bitfinex/btcusd/1w looks bubbly

https://cash.coin.dance/blocks - It is currently 36% more profitable to mine on the Bitcoin Cash blockchain.

- Give me a list of big merchants accepting BTC in the last 6 months plz
>>
>>3121291
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 /biz/ i get fucked
EVERYTIME.

BCH is going down like shit. ill wait until difficulty adjustment tomorrow, but fuck me. im already down 10% here
>>
>>3121439

Did no one else see that this piece of shit coin was down 50% yesterday???

people mistake recovery for breakout
>>
>>3121439
RIP my friend
>>
>>3121458
>>3121481
>tfw im pretty good with price action
>tfw always get fucked when i listen to 4chan and ignore price action

i will hold, fuck this
>>
File: 1497871823165.png (393KB, 785x757px) Image search: [Google]
1497871823165.png
393KB, 785x757px
can someone give a logical outcome to btc's price when segwit activates on wednesday?
>>
>>3121513
$1,000,000 per BTC incoming
>>
>>3121513
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.
>>
>>3121537
asomeone put up a chart that showed 92% still mined by a single unknown. arent the miners supposed to be flocking over>
>>
>>3121513
dump.
>>
File: 1423057972062.gif (60KB, 384x269px)
1423057972062.gif
60KB, 384x269px
don't buy bitcoin sell sell sell sell !
>>
>>3121537
>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?
>>
>>3122034
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.
>>
>>3120984
bcc blocks are 40 min
btc blocks are 10 min
>>
>>3122528

that will not be true forever.
>>
bitcoin is the king

do not buy jihan bags
Thread posts: 62
Thread images: 10


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

If you need a post removed click on it's [Report] button and follow the instruction.
If you like this website please support us by donating with Bitcoin at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties. Posts and uploaded images are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that website. If you need information about a Poster - contact 4chan. This project is not affiliated in any way with 4chan.