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/biz/ - Business & Finance

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9370279 No.9370279 [Reply] [Original]

Fuck.
https://fork.lol/pow/retarget
For the brainlets;
> only a few hours since BTC difficulty adjustment.
> already 4 days over the normal 14 until difficulty adjustment.
> has never been this high before.
> price manipulation to attempt to suppress but it doesn't appear to be working at all.
Might be a false alarm as it's too early to be certain but if this is the flip aiming for massive hype on the 32mb upgrade on the 15th, STRAP THE FUCK IN.

>> No.9370340

meh, let me know if btc goes below 20exahash

>> No.9370353

god tier tv show

>> No.9370432

>>9370279
And the benchmark is if an extra day is added every day to the difficulty adjustment target, it will never be reached.
Four days in pretty much four hours is more than that.

>> No.9370620

>>9370432
chain death spiral singularity

>> No.9370658

Yawn

>> No.9370678

>>9370353
You mean normie show.

>> No.9370688

>>9370620
purse dipper!
fool, thou art witnessing operation dragonslayer!

>> No.9370694

explain better for a turbobrainlet

>> No.9370709
File: 1.27 MB, 1098x1086, 1524865645244.jpg [View same] [iqdb] [saucenao] [google]
9370709

>>9370694
Basically this would be pic related actually happening.

>> No.9370714

>>9370279
>For the brainlets
4 days over normal what? What has never been that high? Price manipulation attempting to supress what?
Could you please explain in a little more detail?

>> No.9370729

>>9370709
thanks

>> No.9370753
File: 1.29 MB, 504x280, jake-gyllenhaal-no.gif [View same] [iqdb] [saucenao] [google]
9370753

>>9370709
nah, it'll never happen

>> No.9370763

>>9370714
Over normal difficulty adjustment period.
The current period estimate at 18 days 4 hours after difficulty adjustment. Price in BTC crashed hard very recently (maybe in response?) but there is also dumping in BCH, potentially to stop this from triggering. It appears to be triggering all the same anyway.

>> No.9370833

>>9370753
Thing is it already appears to be happening.

>> No.9370910

>>9370763
Thanks anon, will be interesting to watch.
Question now is whether I should Tether my alts or just leave it. I can't imagine what kind of effect would the flippening have on prices of the rest of the projects.

>> No.9370929

>>9370353
Shit tier show

>> No.9370936

>>9370910
I have no idea on the knock on effects on small caps. I imagine Ethereum would actually do well though as those who are frightened off by the entire thing look elsewhere for more stable ground, it's what normies would consider the next safest bet in the space I think.

>> No.9371001

>>9370833
imo something like this wouldn't be over in one sweeping motion. You can imagine that in the event of a massive loss in hashing power people would be desperate to dump their coins, thus the transaction fees would probably rise to the point where it's worthwhile for miners to mine for the transaction fees. Still very bad but I don't see the network grinding to a sudden complete halt.

>> No.9371012

>>9370353
Normie

>> No.9371021

>>937100
breh, roger ver has an ace in his pocket. why do u think csw and ver is so cocky.

>> No.9371026
File: 30 KB, 463x469, 1462525104599.jpg [View same] [iqdb] [saucenao] [google]
9371026

>> No.9371049

>>9370353
Fuck everyone else, I agree. Until they started bashing Trump, pussy ass writers. Made me quit watching.

>> No.9371080

>>9371001
BTC fees are denominated in cratering btc, BCH block reward is denominated in mooning bch. And that's completely ignoring block maturity wait for mining rewards and the basic mathematical fact that for fees to even compensate for the present btc block reward they would need to 60x.
No, if this happens it will happen fast and permanently. The only possible response core will have is an emergency hard fork to a different pow. Otherwise chain death.

>> No.9371239
File: 1.66 MB, 220x190, 1522417393839.gif [View same] [iqdb] [saucenao] [google]
9371239

>>9370709
oh so this is a shitcoin trash thread?

>> No.9371488
File: 219 KB, 500x597, 1525549552740.jpg [View same] [iqdb] [saucenao] [google]
9371488

>>9371239

>> No.9371514

>>9370279
bcash

>> No.9371524

>>9370353
>fug da wun pershent xDDDD! fug capitalism! BERNIE 2020!
Hi rebbit.

>> No.9371526

>>9371514
be cash, i agree

>> No.9371877
File: 104 KB, 671x768, SUpHy81iTVvBhscdObYNYts9-OSqFrgh7oaKTfenKLk.jpg [View same] [iqdb] [saucenao] [google]
9371877

Would this qualify as desperation?
> STOP IT OR WE'LL KILL YOU ALL REEEEEEEE
#TEAMALPACA

>> No.9371987

BTC is going fucking nowhere and if it does it is game over for crypto as a whole.
Just look at the price, BTC lose 3%, everything else is down 10%.
You guys are retarded.

>> No.9372084

>>9371524
the show made fun of bernie voters. it's the ALPHA NEOLIBERALS show.

>> No.9372133

>>9370709
So what are the real chances of this happening?

>> No.9372216

>>9372133
Guaranteed if the market pushes it that way.
Outside that... Too many variables to know.