Bitcoin maximalists please report

[Anonymous No.16605259]

So obvious what is really happening on the macro scale. Alts will continue to bleed until Bitcoin is 80% dominant again. If you aren't converting all your shitcoins back into the king its going to be an ugly 2020 for you.

[Anonymous No.16605265]

>>16605259
i dont have many shitcoins and continue to accumulate sats however im too fucking lazy to sell my shitcoins

[Anonymous No.16605271]

*flips bitcone*

[Anonymous No.16605279]

>>16605271
The real flippening will actually be when a token built on ethereum becomes more valuable than ether itself. Ether will never flip btc

[Anonymous No.16605300]

>>16605265
As long as you actively stack sats and not shitcoins there will be room for you at the citadel my friend

[Anonymous No.16605304]

>>16605279
Sub 130 IQ poster detected. Saged

[Anonymous No.16605322]

>>16605300
every fucken week friend

[Anonymous No.16605360]

Bitcoin is shit. Maybe people are beginning to realize.

It has the psychological element of being first, that's it.

[Anonymous No.16605419]

>>16605360
On the contrary, it‘s actually the best crypto.

[Anonymous No.16605444]

>>16605259
this is a good signal of the dominance top

Shitcoins always shill in the same manner: "buy now or stay poor", "the train is running away" etc. That's because they need victims to dump on as there's nothing else going on.
Valuable coins shill genuine use cases instead.

[Anonymous No.16605494]

>>16605279
>>16605304
Imagine this scenario:
Bitfinex could print tether right now and the Tether ERC20 could have more cmc than Ether right now, nothing will stop it from happening. In a POS scenario, they could buy 51% of the supply and own the network.

[Anonymous No.16605523]

>>16605279
Unironically will happen with maker, already flipped eth and will flip btc

[Anonymous No.16605532]

>>16605494

[Anonymous No.16605576]

>>16605259
checkin' in

[Anonymous No.16605612]

>>16605523
a centralized shitcoi...token will never flip btc

[Anonymous No.16605628]

premined shitcoin

[Anonymous No.16605636]

>>16605494
>In a POS scenario, they could buy 51% of the supply and own the network.

[Anonymous No.16605644]

>>16605494

I honestly can't think of a good reason why this is dumb. Congrats, you just broke ETH 2.0

[Anonymous No.16605688]

>>16605612
What the fuck are you even talking about

[Anonymous No.16605752]

>>16605259

Wow what the fuck is going on a thread about bitcoin? Are you sure you want to post a non scam coin thread? Is this bizarro /biz/ ?

[Anonymous No.16605759]

>>16605259

And right on que the shitcoiners flood the thread with reasons why their bags are somehow superior than the king. Never change /biz/

[Anonymous No.16605767]

>>16605636
The estimates of staked ETH, even by the devs, is quite small. I know you feel cool posting memes, but that's not an argument. With centralised stablecoins, POS is less safe than POW. You can't cheat with energy.

[Anonymous No.16605786]

>>16605360

First day in crypto?

[Anonymous No.16605793]

>>16605767
1. It's next to impossible to buy 51% of eth for any price
2. The attacker would lose all of his bought stake (cost in the billions) after just one attack. Under PoW, asics remain functional after the attack. The energy cost is trivial - it's at most $13.7M a day for bitcoin. The only security is from the cost involved in getting enough mining hardware.
That's also the reason why PoW is so insecure, because obsolete mining hardware is worth nothing. Even if it mines with 2x worse efficiency that's still only $27.4M in energy to rewind bitcoin a whole day.

Bitcoin is only not getting attacked because it's not used for anything important, so it's hard to figure out how to profit on the attack.

[Anonymous No.16605806]

>>16605793

Premined shitcoin
Not fairly launched
No security
No philosophy on monetary policy
Constant hard forks

Just sell

[Anonymous No.16605816]

>>16605793

Did you realize the token holders can just collude with a few other large token holders for no cost if there is no mining

[Anonymous No.16605835]

>>16605793
>It's next to impossible to buy 51% of eth for any price
How much is right now on exchanges? You seems very confident, so give numbers with proof. Now imagine when exchanges allow holders for staking,
>2. The attacker would lose all of his bought stake (cost in the billions) after just one attack.
Why, because Vitalik would hard fork it? The majority of stake decides the truth if the whole thing works as expected.

[Anonymous No.16605862]

>>16605806
>Premined shitcoin
not an argument
>Not fairly launched
more fairly than satoshi mining one million btc for himself
>No security
PoS is orders of magnitude secure than PoW, as explained previously
>No philosophy on monetary policy
There is, just only for the PoS phase. Total inflation is going to be about 0.4%, going to stakers
>Constant hard forks
cognitive dissonance. Core told everyone that hard forks are horrible calamities, meanwhile ethereum hardforks without problems often.
>>16605816
>for no cost
tokens are worth something and they are going to lose them in the attack
>>16605835
>How much is right now on exchanges? You seems very confident, so give numbers with proof.
kek are you really asking if there's 51% of the supply on exchanges? All exchanges have known addresses
https://etherscan.io/accounts
>Now imagine when exchanges allow holders for staking,
something being on an exchange doesn't mean it can be bought, and there are penalties for correlated attacks and downtime, so staking on an exchange is going to be more dangerous than at home.
>Why, because Vitalik would hard fork it? The majority of stake decides the truth if the whole thing works as expected.
Everyone would move to the fork where attackers' deposits are deleted.

[Anonymous No.16605867]

>>16605862

>premined shitcoin is not an argument

Stopped reading there. Just use dollars

[Anonymous No.16605885]

Can blockchain faggots leave this thread. Eth was and is a scam.

[Anonymous No.16605889]

>>16605867
well enjoy losing money on btc then. That's going to be the best thing about PoS - bitcoiners losing billions annully on mining while comfy ether stakers earn income. Bitcoin is a self-imposed global tax on dumb money.

[Anonymous No.16605891]

>>16605786
CS who follows cyberpunks.

Bitcoin will flip, maybe that's what's happening.

[Anonymous No.16606145]

>>16605494
You have no idea how hilariously dumb this comment is. It would take an obscene amount of money to buy 51% of the ether supply, that much may not even be on exchanges. It would mean ETH holders are cashing out rich.

[Anonymous No.16606174]

>>16605889

Holy shit you’re brainwashed and retarded. Your little scam coin wouldn’t exist if it werent for btc. Kys

[Anonymous No.16606232]

>>16606145
Well, next time learn reading comprehension. When I say tether printing, as in making it out of thin air, the value they print is irrelevant, it is just a number, and there is no mechanism for this. NOT to happen, that's what I am saying: in a trustless system we are trusting things not to happen. That's why ETH is inferior to BTC.

[Anonymous No.16606502]

>>16606145
You don't need 51% because almost no one will stake. And yes, they can print all the money they want that was his point.