/biz/ - Business & Finance

>>12915374
If "Chinese miners" had unilateral power they would have stopped segwit, but guess what, they didn't. As a result, they created their own shitcoin, and as a result, Jihan Wu has left the building and Bitmain is now with a massive hole on their spreadsheet consist of heavy BCash bags. Bitcoin works.

>but segwit this or that
Use addresses that begin with 1, done.

>>12119076
>a small group of miners controls Bitcoin
>miners get cucked into segwit
get a load of this krugmancel

>>12048657
>https://coincentral.com/top-6-crypto-confiscations/
none of these prove bitcoin is unconfiscable assuming you aren't an idiot

>https://medium.com/@bitfinexed/the-tether-truth-machine-the-wheels-of-justice-turn-slowly-but-grind-exceedingly-finely-8e3bd72ad011
>raising supply of shitcoin X raises supply of bitcoin
imagine the IQ

>https://en.wikipedia.org/wiki/SegWit
nobody forces you to use segwit

>https://modernconsensus.com/cryptocurrencies/bitcoin/bitcoin-ethereum-centralized/
>"media" realizing anything
Bitcoin isn't centralized, if it was then miners wouldn't have been cucked into segwit, they would censor transactions when asked by governments and whatnot

>https://cointelegraph.com/news/bitcoin-core-update-fixes-vulnerability-that-reportedly-could-crash-network-for-80-000
>https://en.wikipedia.org/wiki/Mt._Gox
bug: irrelevant if you are using proper software (see TRB). exploit was impossible to put in practice anyway
>mtgox
irrelevant fucktards put money in exchange and losing them is a feature

>>11841014
>jihan cucked into segwit
>"miners can torpedo BTC any time!" (and kill crypto, thus going bankrupt)
imagine the IQ

>>11669392
>jihad gets cucked into accepting segwit while crying about how it's unfailry cheap
>"the miners will decide!!"
Dumb fucking ass

>>9821424
Miners already got cucked by the community when they accepted segwit. Remember that they are only mere janitors.

>>9739587
>usd price still lower
dumbass who cares what usd price it is.
if its higher in sats per byte it will be higher if the price flips, which I assume you want to happen don't you?

>>9739591
true but more than 65 out of 200 of the tx's in the last block are over 5 sats/byte
its mostly just dumbasses and stupid programmers but the real truth is the miners can stop mining 1 sat tx's at any time

>>9739650
exactly

>>9676184
>believing anything Chink miners say
You must be new.

Also remember Jihan already got cucked into activating segwit against his own will. Stop overrating the miner's power.

>>2753597
Go to bed, Roger.