/biz/ - Business & Finance

>There is a shortage of dollarydoos

Steem (STEEM) will never again trade below $1

>>10962246
hehe

i noticed a lack of bitcoin CASH threads here

>>10791502
"Crypto?! Over my dead body!"

>won't be long now

Bitcoin CASH ratio at 11 now, was 12 the other day. It's happening!

>>10558225
>here's an old post that should ram this bch hashrate is low myth into the ground:

Bitcoin Gold hashrate:
24954301
Bitcoin Cash hashrate:
4065177780055339520
Legacy Bitcoin hashrate:
35373998549280342016

14000000000000 sha-256 hashes = 3500 equihashes

Bitcoin Gold hashrate (rebalanced):
99817204000000000

Which finally lands Bitcoin Gold on 0.02455% of Bitcoin Cash in terms of security.

What I'm saying is, sure you need only *11% of BTCs hashrate to 51% attack BCH right now. However Bitcoin Gold does not even have half a percent of Bitcoin Cash's hashrate. Just because Gold was attacked it doesn't mean that Cash will be, you would need to consume 4000 times more electricity to ATTEMPT a 51% attack on Bitcoin Cash (plus hardware of course).

Even if someone could provide that, at that point you'd make way more money to just spend the hashrate on mining BCH like normal. You'd get half the block rewards every single day. Besides, a double spend attack is an attempt, if it fails you would have wasted your double spend money, which would need to be a very big sum to make it worth while attacking rather than just mine normally.

It's btw unlikely for several miners to band together from BTC and try to attack BCH. First of all it would involve trust among parties. Second, any time they spend attacking BCH is time not spent mining BTC normally. Third, if BCH is proved vulnerable at this point it would damage BTC's reputation among people that are not tech savvy. All they will hear is that the same code that BTC is running on is apparently vulnerable, they won't understand the hashrate difference.

Hashrate sources (numbers above might be a little outdated):
https://bitinfocharts.com/bitcoin%20gold/
https://bitinfocharts.com/bitcoin%20cash/
https://bitinfocharts.com/bitcoin/

>>10530619
he went to prison and became rich way before bitcoin was created tho

check out his vlogs on his youtube channel and bitcoin.com's youtube channel. must be nice to have purpose in life like that

imagine how sad people in /r/buttcoin will be when they finally realize of astronomically rich they would have been if they had come on board instead of joking around and memeing about

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Warning! Only watch this picture if you are ready to be converted from the BCH side to the BTC side.

Satoshi vision

pic related: Satoshi vision

Guys buy bcash it's Nakamoto vision.

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Regards Roger Ver

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