/biz/ - Business & Finance

>>9430429
BCH is my first pick, ETH second. The fact is though BTC is no longer even a valid choice period. I don't care what you think about my choice except insofar as it marks you as an idiot incapable of understanding pic related.

>>9430293
Because although not enough miners are mining it to get it to the next difficulty adjustment (terminal cancer) it is not yet actually completely frozen. Just reduced block emission.
There's no way out of this situation that doesn't come with an enormous hash power increase though, and the only way that happens is with a massive price boost. It's over.

>>9428506
Each of the sawteeth is a representation of the difficulty adjustment period. The way it works is 2016 blocks per segment and then a new adjustment which is why the pattern of the past two sawteeth.
Note the most recent one on present trend will never hit. There will never be another btc difficulty adjustment at this rate, and there is inadequate hash power to produce ten blocks a minute for this difficulty.
The chain is dying.

>>9422529
Bingo. Because it's losing hashrate so fast it can't complete the 2016 block group. It will snowball and the chain will freeze permanently as long as that graph remains trending upwards instead of down.
This is the end. Technical end. Not market driven hype stupidity human opinion end.

>>9421516
It was 90. Historical record. You're a fuckwit and you have no idea what you're talking about.
When the hash rate goes the same way again due to price activity unfavorable to bcore it will permanently destroy it. Enjoy your bags of frozen shit. You deserve them for your idiocy.

>>9418297
It's not going to die though because pic related. All these newfags in the space who think they're both broken and the beta projects with zero hardening and laughable hashpower remind me of the software dev space from 8 years ago. Everything was being dumbed down and magic'd up. And now people realize actually software runs on their developers mind almost as much as it runs on machines, and if your dev doesn't understand the engineering of the product there's nothing to stop it from exploding.
So many of these baby cryptos are just like that. Look even at the asic resistance trend. Complete bullshit, everyone knows it flatly cannot work, and yet the most popular privacy coin kneecapped its own armour to appeal to these fucking trogs.
Look, it's this simple, if you're not a fucking dev or you don't have one consulting you who can run all this stuff in their heads, you have no idea what's going on, and you'll get destroyed by those that do acting on what they know already about the system that takes the market nine months to three years to catch up on. (see performance of BCH 10x'ing BTC since fork despite every mouth breathing asshole buying blockstream's propaganda campaign hook line and sinker)

>>9407543
Exactly right. The only way normies won't fall for it though is if there's an accessible alternative, and that's exactly what bitcoin cash is. Any manipulation the bankers then run via the typical fractional reserve manipulation methods will result in a performance deficit competing with provably fair on chain bch transactions, and they will fail. And if it forces them to compete by running a hundred percent clean game, also mission accomplished.
Basically as long as BCH is around they're completely fucked, and they have no way to get rid of it.
Best of all it can kill them outright, pic related.

>>9403798
It is the original thing, no parameters tweaked. There is nothing wrong with being old, reliable, having network effects and battle testing, and an ungodly amount of deployed proof of work emission pic related. Everything else is a beta project by comparison and btc will die.

>>9401526
Because pic related.

>>9392905
Amongst mediocre semi informed commentary in his space, it's pretty interesting how common those who understand the software are compared to those that understand the larger full system architecture and associated hardware and what all of it put together actually really means.
This is literally missing the forest for the trees.

>>9381755
Reminder.

>>9370694
Basically this would be pic related actually happening.

>>9361477
Because of this.

>>9355075
It's not a political question, it's a market and technical question. Salty BTC holders have zero impact at all on the equation, they're just pigs to the slaughter. The only thing they get to choose is how loud to squeal.

>>9352461

>>9348831
Because core won't last that long to begin with due to chain freeze.

>>9345506
If you stood to lose everything because you made the wrong decision nine months ago and were unwilling to acknowledge your mistake, you'd probably be pretty assmad too desu.

It will be fun watching these coretards writhe when they figure out that all their emotional gloating and shit posting in the world won't make a micron worth of difference to the simple brutal logic of pow division by market price.
I can't even muster the care to taunt you people anymore. I just pity you now. How stupid do you have to be to have this rubbed in your face for months on end and still fail to grasp it?
You can't save fools from themselves.

>>9335356
>https://vocaroo.com/i/s0EarEABX8rJ
HAHAHHAHAHAHAHA
Tone fucking Vays.
You're right about one thing though, altcucks are indeed fucked, and proof of work is indeed the only viable option.
You're just not correctly identifying what constitutes an altcoin.

>>9314080
He believes it should be exactly what the title of the Satoshi white paper says it should be ; peer to peer electronic cash.
The only reason that's even controversial is because paid saboteurs backed by the mainstream finance industry waged a hijack and sabotage campaign to fool clueless normies into thinking the entire project was something other than it was.
They failed, and it's only a matter of time before the organic price increase from actual adoption wipes out their fake chain permanently.
Position yourself appropriately or be wiped out by the coming wave. If you are not smart enough to act on this, the market has selected you to be the eternal core bagholder on the frozen chain.
Thank you for your sacrifice. Others fled to safety because of it. All great civilisations need clueless fanatical fall guys.

>>9307643
Artificially restricting on chain scaling and messing with the economics of the provision of pow is bad because pic related.

>>9290700
Yeah you were lied to. The two most important things to understand about the situation is pic related, which is how much danger you're in.

>>9292997
Makes perfect sense, BCH can kill them.