Where were you when Bitcoin began its death spiral?
I was at work, wage cucking as usual
link?
holy fuck it begins
bitcoin really is going to die during the eclipse lmao
>>3137926
>link?
This
>>3137903
So this means next week bitcoin will cost less and alts will all go on sale, right?
http://fork.lol/pow/hashrate
>>3138599
alts are going up as people flee the btc chain. though once btc experiences network failure it could cause enough uncertainty that all alts crash as people flee into usd. they can't actually cash out though because the entire market is pumped with fake usd and theres very little real usd on the books
>>3139378
to elaborate further om this (and zero hedge and cnn have already covered this, its public knowledge atm) tether isnt actually backed by usd and bitfinex has printed over 300m of it this year to spoof the market with buy walls that never break, causing artificial floors that bots end up arbitrage hovering over across exchanges, including usd exchanges like gdax
How long would a reasonable difficulty adjustment of the btc chain take in order to stabilize the network again?
>>3139398
as the news broke, bitfinex stopped serving us customers and they seem to be in the middle of a gox. dont keep coins there
how does this hurt alts? well, alts after the first gox lost hugeeeee amounts of value
>>3139402
oh, btc is dead. it literally cant recover from this. bch was designed to be malicious and is targeting a network vulnerability
alts are fucked too and no one can cash out. this is going to be glorious, all happening during an eclipse too lmao
Will be monitoring this shit. If BCC crosses the 50% market share of BTC I'll switch.
The censoring does appear to be true. However I'm not sure who will turn out to be the winner. I'll just wait and are what happens.
If BCC takes over that's fine by me.
>>3137903
Opdate
Redditors getting scared
https://www.reddit.com/r/Bitcoin/comments/6uvf0q/we_need_solutions_now/
>>3140502
Redditors fault for believing on an account with just 2 weeks
>>3140502
Is this a concern troll?
>>3140538
Possibly, but being reddit maybe not
>>3140553
BTC.com is mining BCC now, but they're still bleeding hashrate to viapool.
They were on 700P 15 minutes ago now they're 692 and dropping fast.
the screen the pajeets doesnt want you to look at
>>3140615
Wow a 1% dip omg
paid shills trying to spread fear disgusting
I will just dump your shitcoin soon
>>3137903
Ok honestly it's too early.
BCH needs to be able to absorb 90% of BTC hashpower, current difficulty and price is too low.
>>3140706
Yea i am also fed up whit all this blockstream fudding and shilling, we sould dump these fuckers!!
>>3140464
you mean 50% of bitcoin price or 50% of hash rate because not even BTC has 50% of market share cap
Well, the miners would only switch if they are switching for profit. This means they will dump their coins right after they have mined them.
Because of the Hashrate reduction they are currently finding a block every 2 Minutes. This is the dream to come true for someone who has a huge mining farm, I wonder who that could be.
ITS FUCKING OVER LEGACY BITCOIN IS DEAD!!!
Press F to pay respects
>>3140793
Jihan dindu nuffin, he's a good boy
yet btc is still steadily rising, bcash shills btfo
>>3140807
fuck you