/biz/ - Business & Finance

>>4376213

that's a pity for you anon.

>>4376048

Beware the sound of one hand clapping. Or prepare to have your face ripped off.

>>4375808
k

https://pastebin.com/aiAE30S2

>>4375680

>reminder

These are charts showing a correlation between the difficulty adjustment algorithms of BCH and BTC, coupled with their correlation between the bitcoin mempool / chain throughput, coupled with their correlation and sensitivity to the BCH price.

The BCH DAA adjusts every ten minutes to ensure a ten minute block time.

The BTC DAA adjusts every 2016 blocks for the same.

If the price of BTC dips, BCH steals miners.

If the price of BCH rises, BCH steals miners.

If the price of BTC rises, BCH difficulty goes lower and maintains miners.

If the price of BCH falls, BCH difficulty goes lower and maintains miners.

Simply put; there is only a single pool of rivalrous SHA256 hashing capacity and BCH is competing for it with BTC, but BCH is able to amend its bids once every ten minutes, and BTC is only able to amend its bids after 2016 blocks.

This situation has already led to a 20% increase in the time between the previous and next BTC difficulty adjustment.

Any price activity not favourable to BTC makes this number go higher.

Any price activity not favourable to BTC decreases the total throughput of the BTC chain (1mb block / 10 minutes = 14kbps throughput vs 1mb block / 20 minutes = 7kbps throughput) this leads to BTC being an obviously worse blockchain. Fees go up, confirmation times increase as well as the total throughput of the chain decreasing. People notice this and the price goes down, it gets worse. People notice it got worse and the price goes down more, it gets worse.

Worst case scenario, the BTC chain is effectively permanently frozen, with inadequate hashing power to mine blocks and a difficulty adjustment pushed far into the distant time horizon to compensate.

Brainlets still cannot even. Making me spell it out for you in extended long form english rather than just throwing charts at you and having you use your own minds. Sheesh.

Those are charts showing a correlation between the difficulty adjustment algorithms of BCH and BTC, coupled with their correlation between the bitcoin mempool / chain throughput, coupled with their correlation and sensitivity to the BCH price.

The BCH DAA adjusts every ten minutes to ensure a ten minute block time.

The BTC DAA adjusts every 2016 blocks for the same.

If the price of BTC dips, BCH steals miners.

If the price of BCH rises, BCH steals miners.

If the price of BTC rises, BCH difficulty goes lower and maintains miners.

If the price of BCH falls, BCH difficulty goes lower and maintains miners.

Simply put; there is only a single pool of rivalrous SHA256 hashing capacity and BCH is competing for it with BTC, but BCH is able to amend its bids once every ten minutes, and BTC is only able to amend its bids after 2016 blocks.

This situation has already led to a 20% increase in the time between the previous and next BTC difficulty adjustment.

Any price activity not favourable to BTC makes this number go higher.

Any price activity not favourable to BTC decreases the total throughput of the BTC chain (1mb block / 10 minutes = 14kbps throughput vs 1mb block / 20 minutes = 7kbps throughput) this leads to BTC being an obviously worse blockchain. Fees go up, confirmation times increase as well as the total throughput of the chain decreasing. People notice this and the price goes down, it gets worse. People notice it got worse and the price goes down more, it gets worse.

Worst case scenario, the BTC chain is effectively permanently frozen, with inadequate hashing power to mine blocks and a difficulty adjustment pushed far into the distant time horizon to compensate.

Now do the motherfucking needful.

>>4374523

Yes... That's right, push that Bitcoin Cash mining difficulty into the ground and royally fuck yourself on the backlash.

Audience observe that the prey thinks this means they're winning.

>>4374089

Great. BitMEX have been corecucks forever. Them wasting their ammo now pushing the difficulty of BCH even lower will amplify the pain when the push happens in the other direction and the difficulty jumps to whatever profitability is necessary to counteract this.

It's funny, really. They don't seem to understand they're mounting a speculative attack on the exact economic actors they've been handing money hand over fist to for years now, and who are absolutely happy to have them hand over the rest of it too.

Bring it corecucks.

>>4373435

reminder that there's a good chance it won't matter.

For the slow fucks who still aren't getting it.