/biz/ - Business & Finance

>>54919376
Sorry that was me.
I took a huge shit.

>>54919376
>he doesn't understand the cloggening is only going to get worse
BRC20 is the nigger swan.

clogged? it went from an high of >500k unconfirmed txs to the current < 350k
i think this is the new normal, doesn't seem that much dramatic. Miners are happy i suppose

>>54919376
I can literally send 1 sat back and forth on lightning instantly for free this entire time for all the /biz/lets who absolutely must make bitcoin microtransactions daily for some unknown reason

>>54919376
because it's a shit coin

Bch!

It’s shit that’s why

TG AMA Caesars Calls. 7PM UTC. Escape the matrix.

>>54919376
>Why is BTC still clogged?
Unironically - US gov is circle jerking the chain to annoy plebs fleeing the dollar.
The world is just one big psyop wrapped in more psyops... It's psyception

>>54920038
this, jews ddos btc, i said it few days ago when it all started
wait for 2 weeks and all is going to go back to normal, buy the dip too while we are at it

>>54919376
BRC20s – they finally figured out how to DDoS Bitcoin 24/7 and get the plebs to pay the spam fees

would easily be solved by increasing the block size like satoshi said (not craig, the actual one on bitcoinforum)

>>54920319
Never gonna happen. Core devs are dug in too deep. They'd rather let BTC die than give in to the big blockers.

>>54920350
funny how that goes given that Satoshi Nakamoto was for gradual block size increases.

>>54919376
BRC-20 is the reason it is clogged. You already knew that, right anon?!

>>54920289
>people using the network is DDoS
how do you expect to onboard the entire world if you can't handle some nerds and their shit tokens?

I sold all my BTC.
There is no fix for this.
They won.

>>54919376
This is God's ultimate test, those who are strong and do not sell their bags will make it

>>54919376
BTC has been falling behind in comparison to the main alts. You should be moving out too.

>>54920289
>>54919442
If BRC20 becomes successful, it doesn't necessarily signal the demise of Bitcoin. In the beginning, listing BRC20 tokens on centralized exchanges (CEXs) might not have the same impact on the blockchain as it did previously, since the exchanges would involve virtual BRC20 tokens. It's worth mentioning that the congestion occurred just before the introduction of BRC20 tokens on gate.io, as people rushed to be the first to participate, ironically undermining BRC20's success by highlighting its unsustainability. Referring back to this particular scenario, where the transition to BRC20 is more gradual and its effects on the Bitcoin blockchain are minimized, miners might be given time to prepare for the influx of new fees and transactions. Concurrently, the development of BRC-based decentralized exchanges (DEXs) and the transition from the BRC20 standard to the ORC20 standard could take place, minimizing immediate market fear and gradually increasing confidence in the growing potential of the project. Is this wishful thinking? As someone with limited knowledge of finance and crypto, I'd still like to discuss this possibility.Could someone please explain if I am mistaken, and why?

>>54919376
imagine what this will do the haircomb price

>>54919376
Good thing I sold some of my BTC for PLEB, sometimes memecoins make more than a fucking ATH, this market fucking sucks

>>54919376
>Why is BTC still clogged?

https://mempool.space/de/

326k unconfirmed transactions
yesterday it was 430k+

Bitcoinchads win again.

>>54919710
>I can literally send 1 sat back and forth on lightning instantly for free this entire time for all the /biz/lets who absolutely must make bitcoin microtransactions daily for some unknown reason

Nobody here owns Bitcoin, they're all jewish fud agents who want white people to be poor.

>>54922542
AI post

Stil thinking just in BTC ANON? you're not gmi if you still think that the only thing it matters it's BTC

>>54922542
The problem is there is 1-2 mb blocksize.

What happenes when there is a full fledged bullrun and BRC-20 token txs increase exponentially? It means 2 things.

1. Exponential increase in the mempool unconfirmed transactions.
2. Exponential increase in transaction costs.

Bitcoin becomes unusable because of shitcoin speculation and the only way to send some around would be by paying exorbitant fees. Things will only get worse over time, the only solution are:
1. Increase blocksize
2. Removal of Ordinals

Both having significant implications.

>>54919376
guess

>>54923873
We aren't increasing the blocksize nigger faggot. You dishonest cocksuckers spent the last two years fudding muh security budget and you instantly flip to fees too high this week. Blow your brains out in the bathtub

>>54923938
I never said they were you clown learn to read.

https://ycharts.com/indicators/bitcoin_average_transaction_fee

Explain to me how the fees won't go exponentially higher during a full blown bullmarket?

holy shit i leave /biz/ for a month and BTC has tokens now? wtf is brc-20?