/biz/ - Business & Finance

>>51369974
Can't hear you over all this slurping

Bitcoin will have to either adopt PoS or PoUW or it is not going to survive.

>>51369974
i hope so fren. I'm positioned well 80pct into btc. i want to buy alts when they tanked and then sell when they pop. pls

>>51370002
Why would increasing scarcity be a bad thing for BTC?

>>51369974
take benjamin cowen's dick out of your ass and get with the times.
it's not 2018
alts market is stronger
btc dominance wont top 50% if even that

>>51370066
The energy consumption argument is going to kill Bitcoin.
Sure, people will still mine it, but it will fall out of favor and drop in price tremendously.
If Bitcoin remains PoW, the flippening is guaranteed 100%

>>51369974
I have monero it isn't tied to bitbucks cause it's the leet gamer coin for porn and drugs stay mad chud

>>51369974
I jumped off the bitcoin train at over 50k
not getting back on
that dinosaur is going extinct
you will be lucky to maintain triple digits as a novelty in the coming years

>>51369974

Yeah. I'm gonna go all-in on ROSE at sub 2 cents.

tragic board

>>51370129
>The energy consumption argument is going to kill Bitcoin
It’s only going to kill retarded statist companies like Mara (who tried to mine OFAC complaint blocks and almost got rekt, then stopped), Compass and Co.
The ones listed on the Nasdaq are going to be buttfucked hard, and since they over leverage with cheap debt they are gonna implode (and that’s a good thing)
Honestly a mining ban is the minimum we should expect and it’s a good thing, it means mining operations will go fully stealth, anonymous, distributed in smaller farms, and everyone using Tor
Daily reminder China applies a full ban but chinks still retain over 20% of the hashrate in underground operations
BULLISH on BTC decentralization and resilience to state actors

BTC.D is never going to reach 50 ever again.

>>51370129
>If Bitcoin remains PoW, the flippening is guaranteed 100%
It’s not an if, it’s not a when, it’s just a NO, GO FUCK YOURSELF
You can insert your mETH trannies LLC shareholders tokens deep into your anus, they are great as suppository
>flippening
oh boy

>>51369974
BNB is literally holding better from the ath despite having thousands in roi since the covid low
BNB is an actual store kf value just foing by performance

>>51369974
get fucked maxi nigger

>>51370450
Monero is the only coin I have a tough time holding, because it's so useful for buying things online. Bitcoin was the same way until monero replaced it. Fucking based

It would be better for the world if bitcoin dies. I am thankful that it laid the foundation for future blockchains but nowadays PoW does far more harm to the world than good.

>>51370002
>>51370129
>>51371256
eth is already dead, they handed over the keys to the US government; 60% of staking is controlled by the exchanges who are controlled by governments; mining is never locked-on chain and can switch pool or even asset at any time so it's inherently decentralized.

the "wasted energy" is also a meme for retarded redditors; 0 energy is wasted; 100% of energy goes to ..proof of work which 100% an increase in security (but in a decentralized manner too).

>>51369974
best thread

Sub 20% dominance eoy

>>51370002
PoR is the best way out for Bitcoin. You can't tell me otherwise

>>51375500
>0 energy is wasted; 100% of energy goes to ..proof of work which 100% an increase in security (but in a decentralized manner too).

lol you are still running the engines of 100000s cars to solve useless sudokus retard

thats energy wasting

>>51377079
Energy to power your electric dildo good

Energy to secure the largest decentralized form of money bad

Controversial but ETH.D will collapse and then Alts pump, Then sideways and then BTC start another cycle

i'm 75% in BTC

>>51377029
It combined the best of PoS and PoW. So it maintains decentralisation while being ecofriendly right?

You think we'll have a late '17 style bitcoin milkshake effect? Bitcoin did a 6x and murdered alts.

>>51370129
>The energy consumption argument is going to kill Bitcoin.

Civilization consumes energy for various trivial things.

A universal currency is not a trivial thing, and thus Bitcoin's energy consumption is legitimate, more legitimate than other human/economic uses of energy (what is the energy consumption related to hosting TERABYTES of pornography on thousands of server farms across the world just for the pleasure of worthless cooomers?).

The Bitcoin energy argument is fraudulent, and POW can't go away because that is one of the main reasons Bitcoin has value that is universally recognized.
PoS methheads should fuck off back to their double digit shitcoin.

>>51377029
It even enabled validation by a raspberry pi or a mobile phone.

>>51369974
Fuck you man and your stoopid ass TAs. Alts gonna boom and there's nothing y'all gonna do, I got my bets on Azero, Sylo, LRC and more.