/biz/ - Business & Finance

>>56062506
Here's the real logo.

>>56062506
Do you like to be molested?

Here you go bro. Read it and come to your own conclusion.

May as well by 2.1 billion nexa
Since bch founder team has more or less given up on btrash and put all their best ideas into nexa

Emissions are high but otherwise tech is gold

>>56062506
You assume that 21 BCH is basically already bottomed out lol, making such assumptions about the future price movements of cryptocurrencies is highly unpredictable.

>>56062506
I don't know whether to swap my BCH for BTC. I thought loads of countries were going to adopt BCH but only St Kitts & Nevis so far.

>>56062506
It seems to be a coin with an identity crisis. On one hand they want to be anarchistic like Monero, but its not built with as much privacy. And on the other hand they want to be the big block bitcoin, but they never increased on chain capacity since launch and BSV does a better job here anyway.
So what's the point of BCH? Its a compromise on both privacy and capability.

>>56062506
Buy more

>>56062569
>a group of programmers
A group of literally every single non-newfag in the space, consisting of practically every single bitcoin-related business owner*
>a majority chose to stay with the original chain
because tether chose to pump the original chain, eventually after months gaining support from businesses back
>dogged with a serious technical problem
Bitcoin Cash devs literally disclosed a critical bug in Bitcoin Core that would have completely destroyed the chain otherwise. Pretending to have some technical superiority is plain wrong.
>mining difficulty adjustment algorithm problem
literally fixed via code in Bitcoin cash and not fixed in BTC

Do you seriously believe every single piece of bullshit you read? How many booster jabs have you injected so far?

>>56062506
just burn your money instead. that's my thoughts. withdraw cash and just burn it. a better investment than bcash

>>56062506
Isn't that only 1 1 millionth of of the total supply?

>>56062506
I still own 38 BCH.

>>56062569
This writer has never heard of difficulty adjustment algorithms? The BCH network adjusts the difficulty so that the average time per block is 10 minutes. The mining hash power will be distributed across BTC and BCH in proportion to the coins' relative values. A miner has no financial incentive to redirect their hash to BCH just to generate a ton of blocks.

Since the mining difficulty has two weeks between changes. In theory if all the now tremendous hash power of BTC was briefly pointed at BCH would it be possible to mine blocks faster than and ahead of the current BTC block number? At least for the two weeks until the difficulty change occured?

>>56063036
why does the cashie community have such an huge overlap with tether fudders, conspiracy nutjobs and buttcoiners?

>>56063273
>Since the mining difficulty has two weeks between changes
Not since 2020 when BCH switched to ASERT.

>>56063281
>conspiracy theorists
typical corekek, I hope you remained 100% BTC like your overlords told you while everyone in crypto found at least 3 x100-es

>>56062506
Yes. You need at least 21 BCH to make it. Now is a great time to quietly accumulate it. I buy one every month. BCH is actively being worked on, you have people working on cool projects using it.

>>56063249
The writer is Saifedean Ammous, who is one of the most prominent Bitcoin maxis.
That's a good point about the difficulty adjustment. The author knows for sure about Bitcoin's difficulty adjustment algorithm, I don't know why he made it seem like Cash doesn't also have the same kind of system since it's a literal Bitcoin fork.
If you like you can bring it up to him on twitter because he's typically highly responsive.