Thread replies: 17
Thread images: 3
Thread images: 3
File: 1-demekaBFu-PU2CjWcE5vag.png (59KB, 1301x270px) Image search:
[Google]
59KB, 1301x270px
These are just my thoughts on the matter as someone who does not hold BTC/BCH, but that may soon change. It seems like we're on the cusp of a major change. I want to highlight three major factors:
Mining is moving away from Bitcoin core creating an enormous backlog. This is creating a death spiral of sorts.
Multiple privacy based alts pumped (Monero, and to a lesser degree Zcash/Dash), almost as a response from those who used Bitcoin as a safe store of value
Ethereum finally broke its stagnation cycle around $300, again as a seeming response from those who are seeing the signs of a pending Bitcoin collapse
There have been thousands of "this is the death of Bitcoin" posts in the past 8 years, but for the first time I'm seeing some credibility to them. BCH might just be primed to unseat the king.
>>
Bcash doesn't have a logo.
>>
>>3159269
you sound like a very insightful young lady.
>>
Look at this pathetic shill attempt you guys aren’t even fucking trying anymore
We need a fucking ban on all chinky IPs on this board
>>
>>3159334
Actually he's right and you are angry because you know it.
>>
Korean pump is Korean pump. Once again:
https://www.youtube.com/watch?v=bpYblSX4xTA&feature=youtu.be&t=170
>>
>>3159368
BCC did what Bitcoin hasn't been able to do in years, bring in hundreds of millions in normie money practically overnight, if that is not bullish I don't know what is.
>>
File: 1481388986628.jpg (236KB, 1191x790px) Image search:
[Google]
236KB, 1191x790px
>>3159334
OP made some very reasonable arguments, you sound very butt blasted honestly.
>>
>>3159269
Hash power moved from btc to bch for some quick gains before it becomes unprofitable to mine bch in a few days. Th
>>
>>3160365
So far down almost 30%. How much more can BTC reasonably handle for even the short term?
I'm thinking 50% is legit flippening.
>>
>>3159269
>fear
>fear
>fear
>fear
>people doing random things cuz of fear
Just wait a week and watch BTC go back to ATH
>>
>>3159269
enjoy your scamcoin dreams while u can
>>
>Ethereum finally broke its stagnation cycle around $300, again as a seeming response from those who are seeing the signs of a pending Bitcoin collapse
ETH got a pump because people were panic buying it to shove it into the engima scam.
>>
>>3160430
http://fork.lol/pow/retarget
because the bcash miners have been going too fast it's going to be <1day until the next difficulty adjusts up and sends them back to btc mining, where the difficulty will have lowered instead of a typical +6% gain after 2 weeks... btc is fine, zoom out your mempool charts, btc has survived way worse.
>>
Literally pasta from rebbit
Just fucking google it
sage
>>
>>3160430
There's no flip until the fucking price changes. Cash's difficulty can go up as fast as it goes down, and will render it extremely unprofitable in a few days the more that people try to mine it now.
Common investors are far more influential than miners are, no matter how assblasted that makes the latter party.
>>
Will this shit EVER recover?
Thread posts: 17
Thread images: 3
Thread images: 3