/biz/ - Business & Finance

As the memelines on biz increase the probability of a major dumpening of bitcoin increases^2

At the end of a parabolic run there is always a dead cat bounce
2018 January drop from 16k to 10k saw a rebound of an entire ewek week going to 14k where bizraelis posted memelines and a feeling of back to normal bros we gonna make it. Then the dump from 14k to 6.8k happened in 30 minutes. Bitcoin didnt see 10k for another year.

You have 2 days to use this information as you see fit.

What would you do if you discovered a mathematical analyical method to mine the next block in bitcoin? In less than a minute on your AMD Ryzen, irregardless of current difficulty.

You cant mine to fast because it would be obvious, you cant mine too slow since you want the money. You cant mine alone since it would also be obvious so you hop between pools right.

Would you eventually get bored of the free money?

this thread needs more women

MUH DAG COINS:

IOTA:
full of shit, "the more spam trx the faster it goes", but reality whole network came to a halt for a few days due to spam transactions
claimed to be "quantum safe" but is vulnerable to high-school attacks, broken cryptography
IoT coin, yet requires PoW, ternary magic future co-processors promised
lies about partnerships
stolen funds due to shitty offical wallet, IOTA website, and reddit was recommending to use a vulnerable wallet due to
bad design bad implementation
no mathematical proof that consensus will ever be reached, just shitty simulations

RaiBlocks:
PoW for spam limit, but exchanges break and dont have the energy/dollars to expend in GPUs or another-layer-of-control-software to provide their customers the transactions
nodes drop out of network and cant/wont catch up
no new node has synced with rest of the network, since a year or so
possible Man in the middle attacks

Byteball:
2 to 20 trx/s due to shitty implementation, hi Ethereum
bite-my-balls for an actual cryptocurrency name
requires to trust that 7 of 12 witnesses will not collude
requires to believe that all users will be able to select the said 12 witnesses, they cant, network is still run by dev.

So much for "muh dag coins"
retards.

You still have a chance poor Anon

Dont miss this

There will be no reserves