BTC is on a controlled demolition schedule

[Anonymous No.19154057]

The descent and ultimately death of the chain has already been planned in advance, and many people in the inner circle who are privy to select compartmentalized information know both when and how it will be carried out.

I just thought that /biz/ should know.

[Anonymous No.19154151]

>>19154057
looks like it's schizo season again

[Anonymous No.19154175]

Crazies are out of mental asylum bc of covid19 everyone be careful

[Anonymous No.19154197]

>>19154057
Yeah it's unironically too clunky and ill get too deflationary too fast. I still think crypto replaces fiat though.

[Anonymous No.19154219]

>>19154057
This, but its timely.

Nobody is tenting their fingers with a cadre of like minded ne'erdowells plotting the downfall of some code on the internet somewhere. That's retarded.

But yes, it's going through the opening stages of the Flippening when everyone who's bought between '09 and '16 and sits on 1000+ BTC has only one chance to dump it, and that's the Great Boomer FOMO of 2020.

No survivors, biz.

[Anonymous No.19154242]

Just buy ESH

[Anonymous No.19154297]

Just buy STAKE

[Anonymous No.19154497]

I bought ESH to say fuck you and you ain't getting shit from me.

[Anonymous No.19154535]

>>19154219

[Anonymous No.19154578]

>>19154219
Here is a hint.

The people in charge of keeping BTC afloat financially, have realized that each successive halving requires them to expend an unsustainable amount of capital to prevent it from death spiraling. The economic model of Bitcoin is such, that a chain that is not continuously scaling in size and traffic to generate fees, is fundamentally broken due to the built in mining incentives. The security and viability of the blockchain requires constant growth, as the network subsidy fades. BTC has chosen a technical route that can not sustain the economics organically. Therefore, constant outside capital injections are required (USDT), which is not in any way sustainable. Each halving doubles the pressure of on the financiers, as there is close to zero consumer demand.

This halving has made them decide to finally pull the plug. It will be a controlled demolition, and the market will not be warned to leave the building before explosion.

Do with this information what you will.

[Anonymous No.19154612]

>>19154175
>>19154151
sad thing is back when btc was at $1k we used to think "man once btc hits 10k its going to silence of the stupid critics"
sadly there's more of them now. Once btc hits 100k there will yet be more.
the key to understand this phenomena is this is just the seething of the dirt poor. the scum of the earth, who were too lazy and too retarded to ever get a position, one day wake up and realize their priced out and rush online to bash it.
they don't have some clever plan like "maybe it will fall in price and i will buy in"...its just inane stupid whining.
once we get in control we can start destroying most of the cellphone towers and rip up all the DSLams outside of the citadels.
The internet will once again return to what it was in late 90's and this whole terrible time period can be completely erased from the history books.

[Anonymous No.19154842]

>>19154057
Craig will kill himself

[Anonymous No.19154916]

if btc goes down all these exchanges will have no customers

they will keep the pump and dump scam going.

[Anonymous No.19154969]

>>19154578
BTC is the only crypto that is actually generating significant fee revenue, which is essential to preserve the 21 mil hard cap. The other Bitcoin forks are fucked because they need massive user adoption in order to generate fees, and meanwhile nobody wants to actually use their scarce currency because of opportunity cost, and you have to file with the IRS every time you do so. Greshams law means people will hoard their valuable coins and use fiat and other inflationary currencies to spend.
The only way Bitcoin survives is with a block size limit that encourages a fee market

[Anonymous No.19154998]

>>19154612
>the key to understand this phenomena is this is just the seething of the dirt poor. the scum of the earth, who were too lazy and too retarded to ever get a position, one day wake up and realize their priced out and rush online to bash it.

lmao this

>once we get in control we can start destroying most of the cellphone towers and rip up all the DSLams outside of the citadels.
>The internet will once again return to what it was in late 90's and this whole terrible time period can be completely erased from the history books.

I would unironically suck a million cocks to make this happen.

[Anonymous No.19155036]

BigDogg vibes itt

[Anonymous No.19155131]

>>19154969
You don't understand anything about this market. Tether is the only thing keeping BTC alive.

The plug will eventually be pulled, and this is your warning.

[Anonymous No.19155166]

>>19154578
absolutely based and high IQ. Security budget pilled.

[Anonymous No.19155182]

>>19155131
you are the scum of the earth and always will be. your clever "tether insights" are worthless and you will never turn any of that into positive capital flows.
you are nigger-cattle that was born to be tax farmed by us, which is why we created a whole variety of shitcoins that are "priced specially for people like you"

[Anonymous No.19155192]

>>19155131
The thing is, it would ruin crypto for years. So how do they switch? Is it PoS and Oracles that they switch to?

[Anonymous No.19155201]

>>19154057
>>19154578
>>19155131
LOL
>muh tether
you will be seething at some retarded stablecoin for ages to come
nevermind the fact that there are like 20 other stabelcoins all audited

[Anonymous No.19155292]

>>19154578
based. The BTC model is unsustainable long term and there is no development being done to make it a long term viable product nor to improve its usability or transaction rate unlike some other blockchains.

[Anonymous No.19155345]

>>19154612
>this whole terrible time period can be completely erased from the history books.
this guy gets it
probably often

[Anonymous No.19155356]

>>19155182
>seething
probably a kike

[Anonymous No.19155447]

>>19155356
romans kept slaves and judea was a vassal state my friend.
we are just building rome 3.0. basically it will usa without the stupid egalitarian bullshit that came from "enlightenment". citizenship will be priced in sats

[Anonymous No.19155463]

>>19154057
The supply cap change will help mitigate its end

[Anonymous No.19155493]

>>19155131

Can you at least tell us if it'll be in the next 60 days? Or a hint regarding timeline? Thanks

[Anonymous No.19155734]

>>19155493
Before summer's end. There will be indicators before they pull it, and if you have a keen sense of the market and what specifically to look for, you will almost know by instinct when the plunge is imminent. But yes we are talking within the next 3 months.

As the old scheme is abandoned, there will be a transition to a new one, and preparations are already under way as we speak. But that is something that I can not comment further on here.

[Anonymous No.19155785]

>>19155734
XRP rise of the Phoenix

Buy xrp you fags OP is correct bitcoin is finished

NWO economy coming soon

[Anonymous No.19155831]

>>19154057
It's like days, weeks, months, years from now? What's the order of time magnitude we speak about here? I guess next halving is the upper bound.

[Anonymous No.19155851]

>>19155734
Thanks anon. What would you suggest investing in?

[Anonymous No.19155852]

>>19155734
>>19155831
ok, thx

[Anonymous No.19155857]

>>19155734
you are fucking retarded. everyone knows there will be a dip within the next 3 months. you're coming up with a shit larp to explain it for attention. once it happens you will come back and say i told you so, and then it will moon and you will never be heard from again. happens every fucking month here. go back newfag.

[Anonymous No.19155875]

>>19155734
t. schizoid

[Anonymous No.19155898]

There is no "2020 FOMO"
This shit is gonna dump imminently, by 40-70%

[Anonymous No.19155900]

>>19154578
So what? If miners capitulate, then I can start mining with normal GPUs/CPUs again and not ASICs. Fuck off.

[Anonymous No.19155964]

>>19155857
based

[Anonymous No.19155969]

The ny attorney general tether investigation will advance and destroy BTC. That’s why I won’t touch it.

[Anonymous No.19156036]

>>19154612
btc is literally a ponzi scheme. Most people have an aversion to scams that work by making few people richer at the expense of making way more poorer.

[Anonymous No.19156053]

>>19154612
absolutely based

[Anonymous No.19156110]

>>19155857
YOU ARE AN ABSOLUTE RETARD. THE FINSNCIAL SYSTEM IS GOING TO COLLAPSE AND THAT INCLUDES BITCOIN. BITCOIN IS FINISHED.

ABSOLUTE

RETARD

[Anonymous No.19156129]

>>19155292
>product
Suitnigger out.

[Anonymous No.19156145]

>>19155192
I do not have the authority to reveal neither the transition scheme or the new paradigm, just know that there will be both. First a period of chaos and instability before order is restored. Too much capital is at risk to disclose this kind of highly sensitive information to the public, I am sure you understand this predicament.

I am personally not privy to any the details of the transitory project, as it is left in the hands of senior entrenched actors who possess near perfect information (major exchange operators), but I do know what is planned for the next paradigm, which will emerge after the transition period.

[Anonymous No.19156186]

>>19156145
You sound like my great grandmother who was schizophrenic and thought she had private jets and was the duchess of orange.

[Anonymous No.19156215]

>>19155734

Appreciate your information. Sounds like the council voted on Outcome 2.

[Anonymous No.19156243]

>>19154578
you're fucking retarded

>>19155900
this

[Anonymous No.19156256]

>>19154057
schizo bait yay. This board is sofa king dead.

[Anonymous No.19156264]

>>19155969
reminder this is the AG in charge of the tether investigation
if you think this baboon is any threat to tether than lmao
https://youtu.be/6onOx85SRbc

[Anonymous No.19156266]

>>19156145
So what is the next paradigm?

[Anonymous No.19156285]

>>19154578
Ok I’ll flush it with the other turds.

[Anonymous No.19156295]

Those look like some niiice titties

[Anonymous No.19156307]

>>19156145
Sounds like either ETH/LINK are the chosen ones, or XRP. I really hope it's the first one, fuck XRP

[Anonymous No.19156341]

>>19155851
What's that old phrase again...

If I told you, I would also have to kill you :)

Seriously though, I am under strict orders not to reveal where all the capital will flow.

[Anonymous No.19156364]

>>19156307

Not going to speak for the OP, but I can tell you that ETH and LINK will be part of the new ecosystem, as will ZIL and ZEC. Look to Singapore - it'll be the worlds first smart city as a pilot run for the NWO. Lots of crypto projects being incubated there as we speak. If you map these projects using a ERD model you'll find the answers.

[Anonymous No.19156376]

>>19154998
This.. To install Redhat 5.2 again... and that’s noob shit

[Anonymous No.19156391]

>>19156341
absolute curry

[Anonymous No.19156395]

>>19156036
>btc is a ponzi
So was FIAT and it kept going for decades.

There are no jobs, there are very few ways to make money now. Stock markets collapsing as you have noticed. Fiat unlimited printing. Many jobs were fake to begin with. Crypto will not die as they just started pushing id2020 and vaccines. Needless to mention crypto goes hand in hand with that. Did I mention global socialism is coming? They are throwing checks at people all over the world, remember that civil unrest or revolution is only 3 meals away. It’s helicopter money from here on, on a global scale. As long as the communication infrastructure is intact, crypto will continue making inroads.

There is at least one more bullrun left, but more likely two. However after the second one, you may not be able to spend your wealth.

[Anonymous No.19156496]

>>19156395
no, fiat is not a ponzi. Its value depends on the ability of states to enforce taxes. Taxes create demand for the currency.
As long as people continue to produce and the state can enforce taxes, the system is sustainable indefinitely.

Nothing forces people to buy bitcoin, they have to be fooled to buy into it, which is not sustainable. Early buyers cash out at the expense of later ones, miners cash out at the expense of them too - where are new buyers supposed to come from? It's already so widely known that even Rowling talks about it. Not enough potential buyers for current holders to cash out.

[Anonymous No.19156554]

>>19156341
Your second post gives it away. There's only one other crypto with that exact philosophy. If you know you know.

[Anonymous No.19156662]

>>19156395
btc is a fucking scam that mirrors the movement of the markets. no one has any confidence in it.

blue = btc/usd
purple = SPY (s&p 5000

[Anonymous No.19156697]

>>19156341
>strict orders
>comes and posts on an anime mongolian basket weaving image forum

ok big guy

[Anonymous No.19156701]

>>19154578
HAHAHAHAHA what the fuck are you talking about retard, you don't need an "unsustainable amount of capital" or even energy or computational power to keep the network alive. The Bitcoin economic model is near perfect and self-adjusting.

>This halving has made them decide to finally pull the plug
Wow yeah this totally unexpected event was just the thing that finally made "them" pull the trigger. I'll let you in on a secret, there'll be another halving in 2024 but shhh don't tell anyone

The absolute pajeetery of this thread, these schizo "death spiral" scenarios always make me laugh

sage

[Anonymous No.19156823]

>>19156554
I like people who are critical thinkers, so my last hint, which gives me plausible deniability, is this:

Mining operations have expanded to include state actors and huge financial interest groups under proxy firms. They represent not just billions in capital investment, they also safeguard powerful geopolitical interests in assets that are widely considered the future of finance.

With that said, one can easily imagine that as BTC collapses, miners may be assigned to a different purpose...

[Anonymous No.19157024]

>>19154057
TAMB

[Anonymous No.19157059]

>>19156697

This is exactly what they do actually. Part of Luciferianism is that they must disclose their actions in advance in order to gain consent. They choose a medium such as this forum exactly so that many dismiss their information.

You'd do well to pay attention to the gifting that is being bestowed here.

[Anonymous No.19157138]

>>19156701
You're a retard.

[Anonymous No.19157206]

It's XRP and XLM you fags. The new system will be running on Ripple

[Anonymous No.19157224]

>>19157138
Do you know how many similar threads have I read in my 4 years on this shithole of a board?

Please enlighten us

[Anonymous No.19157277]

>>19156823

Is there anything to be gleaned from the picture you attached to your OP or is that just the magician's assistant?

[Anonymous No.19157390]

>>19157277
Pure eye catch for the easily distracted. Don't even bother looking her up, this is her best pictures.

[Anonymous No.19157612]

>>19155734
What's the new transition? BSV

[Anonymous No.19157646]

>>19156823
Are you talking about miners the hardware or miners the network supporting individuals ie. those running nodes or engaging in proof of stake?

[Anonymous No.19157665]

>>19156341
>, I am under strict orders not to reveal where all the capital will flow.


Is it ANOTHER crypto yes or no

[Anonymous No.19157855]

>>19154057

Here's the thing, this is a CIA double cross. /biz/ is contrarian by nature, so they post about something that's legitimate and about to happen, which in this case is a massive dip. But they cover it up in some ridiculous shitpost.

This then leads unsuspecting anons to do the opposite of what they should be doing, which is selling their entire position right now because it's about to go down hard.

They want to keep you poor and stupid. Look at the blatant retardation of the OP and then look at the charts. We're due for a huge dump.

[Anonymous No.19157932]

>>19157646

I'd like to know this as well, if the OP is able to clarify.

[Anonymous No.19158147]

>>19157932
I find it unlikely that ASICs will be able to be repurposed to do anything else other than hash sha256 transactions.

[Anonymous No.19158158]

Alot of talk here about the rise and dip of BTC priced in USD, All while the github repo never removed 'financial experiment' from its very first line. I enjoy reading people claiming death of the asset, when it was never built to be anyways, implicit respect, even from the haters.

I can only describe the last decade of the fiat frenzy as one as complete algorithmic price control/manipulation/enforcement. We can talk alot about the tether fractional reserve pump and dump, but let's not forget that this is bread and butter of every financial system- gold silver, interest rate schedules, all prices in a way are at the dearest mercy of whatever control structure steers the money printers.

BTC has always sounded like just a geopolitical shift from oil to computer chip supply chains anyways, I'm not going to dump any BTC, as i hold it for ideological reasons, but i'm excited to see what the next iteration awaits us

[Anonymous No.19158176]

>>19154057
old news grandpa

[Anonymous No.19158201]

>>19158158
also self check, this is dubs of 158

[Anonymous No.19158223]

>>19156341
>>19157665
this
idgaf if i just need to switch from binance to kucoin but going into other markets

[Anonymous No.19158227]

>>19156110
What an argument. You even pulled out the caps lock

[Anonymous No.19158290]

>>19156341
>BSV shilling....hahahahah
in every btc thread, dumb bsv shills show up with the "btc is nwo coin....bilderberg setup blockstream"

now this dumb fag is trying to pretend like "no bsv is the real nwo coin...trust the plan"
creg is going to kill himself.

[Anonymous No.19158605]

>>19158147

[Anonymous No.19158612]

>>19154057
>>19154578
>>19155131
>>19155734
>>19156145
>>19156341
>>19156823
Multi-stage, intercontinental ballistic red pill. Devastatingly based.

[Anonymous No.19158702]

BSV is Bitcoin

[Anonymous No.19158764]

>>19154578
lmfao so much low IQ in this post

[Anonymous No.19158786]

>>19154057
i want to impregnate this bitch and pretend i dont know her

[Anonymous No.19158807]

>>19158702
only if you disregard everything that makes bitcoin bitcoin.

[Anonymous No.19158831]

>>19158807
Like what?

[Anonymous No.19158879]

>>19154057
Look guys, is the BigDogg again. PoS and Chainlink nodes, yeehaa

[Anonymous No.19158887]

>>19158831
like byzantine fault tolerant trustless permissionless and secure... those sort of things.

[Anonymous No.19158917]

>>19158831
>>19158887
oh and also the nakamoto consensus... yeah disregard that too!
than you can say whatever you want.

[Anonymous No.19158920]

>>19158887
It does all of those things and you can actually use it, Corecuck.

[Anonymous No.19158938]

>>19158917
So mad. Suck my fat cock, Segshitter.

[Anonymous No.19158967]

>>19158176
Correct sentiment.
Incorrect asset.

[Anonymous No.19158983]

>>19158605
So ASICS will have a different use to mine crypto?

[Anonymous No.19159014]

>>19158920
no, no minority hash shitfork is byzantine fault tolerant and if they are not then they are not secure not trustless and not even permissionless because the network is way too centralized due to savage bloating.

>>19158938
you mad as fuck stop projecting cuck. it's unbecoming.

[Anonymous No.19159018]

chain forging together?

[Anonymous No.19159027]

>>19155900
If people can start mining with ordinary computers, then that means BTC's value has dropped to pennies.

[Anonymous No.19159044]

>>19159014
>NO U

[Anonymous No.19159165]

>>19159027
i don't think it's possible think about it...
asics get dumped on the market if big miners capitulate. they still have miles better efficiency than gpus so what would happen is hobbyists and people that either have access to free electricity or think they have free electricity because someone else is paying the bill will get those miners running.

there is no way to go back to gpu mining from asics unless the proof of work function is changed by a new consensus. but then asics would get developed again.

[Anonymous No.19159252]

>>19159165
Jesus Christ, you retarded autist. You're missing the point.

[Anonymous No.19159267]

>>19158967

I find it interesting that you provide this disclosure at the same time the "next" asset has just pumped after months of consolidation

[Anonymous No.19159326]

how low can BTC go realistically?

[Anonymous No.19159388]

>>19159252
big miners will capitulate way way before pennies the asics flood the market hashrate becomes better distributed long term bullish for bitcoin.

you are missing the point. there is no going back from asics. and bitcoin can't die.

[Anonymous No.19159391]

>>19154242
that didnt age well

[Anonymous No.19159434]

>>19159326
$6k is likely bottom now because of the new 7nm miner breakeven.
technically it can wick down to anywhere even hit $0 on some exchange pairs. but that's unlikely as fuck.

[Anonymous No.19159437]

>>19155131
You are quite generous with the warnings, sir. What a heart of gold you must have.

[Anonymous No.19159446]

Miners will switch to quantum computing.

[Anonymous No.19159469]

>>19158983
Think in geopolitical terms. Mining hardware has become critical infrastructure essential for future state financial security. Cryptocurrencies can not be uninvented - meaning; they are not ever going away. However, they will not stay in their current incarnation, but will have to evolve and and improve, like all transformative technologies in human history. We are entering a future where financial dominance will be decided in this space, that should be obvious to everyone. All major powers will seek to secure their place in the new paradigm in order to retain influence and power.

But this can not be achieved with the current iteration of BTC. It is obsolete technology. As we enter the next stage in this technological evolution of digitized finance, the infrastructure will remain a national security imperative for all major powers.

If you think along these lines, you have a great chance at reaching the inevitable conclusion: the dawn of a new financial era is upon us.

[Anonymous No.19159494]

>>19159434

Its been below 4k twice in the last couple years, I dont think thats really capitulation..Capitulation would be like 1k or so. But there's no way it would stay down there for long..but who the fuck knows. The OP is right about tether basically keeping BTC afloat but thats not a long term solution

[Anonymous No.19159513]

>>19159388
Bitcoin isn't going to die.

[Anonymous No.19159521]

>>19159469
>Mining hardware has become critical infrastructure essential for future state financial security
that's bollocks tho. no pos/poa (including federations) scheme requires specialized hardware. and those are the most likely to be used by states and large companies.

[Anonymous No.19159563]

>>19156145
Worst larp in months.

[Anonymous No.19159565]

>>19159494
>Its been below 4k twice in the last couple years
before the halving that's my point.
miner profitability is a big factor in this game.
also tether is just a fraction of btc market cap it signals bullish sentiment but does not actually support the price.

[Anonymous No.19159611]

>>19159521
>no pos/poa (including federations) scheme requires specialized hardware
Who cares? They're irrelevant scams, which probably why you're all in.

[Anonymous No.19159678]

https://en.bitcoinwiki.org/wiki/List_of_SHA-256_crypto_currencies
Can some autist tell me which is best? I'm guessing Bitcoin cash?

[Anonymous No.19159795]

>>19159611
you don't get how governments work do you?
they will never go for anything they don't control 100%. they will go for a distributed control that makes an attack hard like a federation of banks that still have to obey fiscal law. that's the best you can hope for.

mining is not even in the picture regardless. central bank tokens will be issued as needed same as fiat.

[Anonymous No.19159827]

>>19154057
I know so many won't believe you but unfortunately that just how it goes. Stupid people will just lose their money holding Bitcoin.

[Anonymous No.19159898]

>>19159827
what are you holding mister high IQ

[Anonymous No.19159999]

>>19159795
Sure, but if the advantages outstrip using conventional systems (which any centralized scam like pos ultimately is) then they won't have a choice when other nations do and out compete them.

[Anonymous No.19160026]

>>19159521
There is no future for any proof of stake asset.

The breakthrough in distributed trust based technology that made Bitcoin a revolutionary asset in the first place, is the economic incentive model that is ONLY realized through proof of work. Proof of work is the KEYSTONE of blockchain tech.

And it will also remain that way going forward. This will be my last post in this thread.

[Anonymous No.19160044]

>>19159469
> you see, the shady cabal who controls the fate of nations states can’t live with 7tx/s, they absolutely have to buy coffee using their store of value. This is why BTC is finished and the elite is about to jump ship
> shitty, obsolete, small block BTC
I wonder who is behind this post

[Anonymous No.19160154]

>>19160044
How could they jump ship if they never boarded? BTC has so little liquidity to other assets and no utility to boot.

[Anonymous No.19160213]

>>19160026

That was made clear with Patent 06062020 and the episode "Fifteen Million Merits" on Black Mirror.

Appreciate the disclosure.

[Anonymous No.19160232]

>>19159267
what do you think the next asset is?

[Anonymous No.19160268]

>>19160026
Oh wow you’re another retarded larper who doesn’t understand basic cryptoeconomic develops in the very industry he’s LARPing about

[Anonymous No.19160272]

>>19154535
Ah ha hahah. This image will surely be the end of BitCoin and Craig Wright forever.

[Anonymous No.19160309]

>>19160268
>cryptoeconomic

[Anonymous No.19160373]

It's XRP YOU STUPID FAGGOTS.

THE NEW WORLD CURRENCY SYSTEM WILL RUN ON XRP.

XRP PEGGED TO GOLD

XLM IS SILVER

THAT'S WHAT OP IS TALKING ABOUT

BITCOIN IS FINISHED AND BITCOIN MAXIS ARE ABOUT TO GET BUTTFUCKED

[Anonymous No.19160505]

>>19160213
Proof of work is a horrible concept and it's not going to be part of the world currency NWO system

The Elite already know this, this has been planned way in advance. Why have miners control any part of the currency process? Do you want your payments get stuck because of miners strike? Or any kind of trouble with mining? Proof of work is a joke and a red herring.

Additionally its not part of the elites climate agenda. Thry want reduced emissions and reduced energy usage. You don't get that with proof of work

[Anonymous No.19160681]

The answer is obvious https://m.btc.com/stats/diff

The difficulty adjustment happens in less than 2 days. Those with big bags need to dump before this adjustment kicks in and destroys miner profitability.

Sha256 hash can only flow to either BCH or more likely BSV. When it does the time between BTC blocks will be so long and the fees so high that it'll seize up the network and die a frozen death.

Think of it like this. Everyone is in one big room and theres only one small door. Someone starts a fire and the plebs try to escape but there's too many of them and the building collapses on them. That fire is the coordinated sell off into fiat before moving over to the other sha256 chains.

[Anonymous No.19160694]

>>19154578
>It will be a controlled demolition, and the market will not be warned to leave the building before explosion.

Bullshit to anyone who knows how this works.

[Anonymous No.19160728]

Smart money are about to pull out. They know bitcoin is fundamentally flaed and wont work without block rewards. Only dumb money buy at this price. You have been warned


>On the Instability of Bitcoin Without the Block Reward
https://www.cs.princeton.edu/~arvindn/publications/mining_CCS.pdf
The most in-depth paper written on bitcoin EVER
Princeton university

>Beyond the doomsday
economics of “proof-of work” in cryptocurrencies
Monetary and Economic Department
https://www.bis.org/publ/work765.pdf

[Anonymous No.19160761]

>>19160026
Understood. Thank you.

[Anonymous No.19160835]

>>19154612
good luck with you bitcoin when the magnetic north pole shifting fucks up electricity and makes it more scarce. Bitcoin wast too many resources in a world where resources are becoming more scarce, and for what? So some people can pump and dump the market to get rich. Crypto will eventually be regulated and cracked down on.

[Anonymous No.19160894]

>>19154969
fees will trend towards 0 over time. No one will be willing to pay fees in the future on a blcokchain that gets more centralized by the day. Only rich big miners will be mining bitcoin. And people will hoard it, not spend it which is not good, when it does not have intrinsic value.

[Anonymous No.19160936]

>>19155734
dont forget the Mt. gox selloff of 150k likely to be in july. Whales will dump before this

[Anonymous No.19161008]

>>19160505
>miners strike

All my why

[Anonymous No.19161134]

>>19156701
the bitcoin economic model is shit. Only brainlets think its good

muh 21 million. Satoshi didnt understand economics very well

[Anonymous No.19161225]

>>19161134
I was wondering when you'd post again.

[Anonymous No.19161253]

Yup
Think I found the most retarded thread on biz
Impressive

[Anonymous No.19161273]

>>19159388
hahaha, u actually believe this? Btw op is correct in whats gonna happen.

[Anonymous No.19161311]

how many times has operation dragonslayer not happened

[Anonymous No.19161409]

>>19160728
So the worst case doomsday scenario is a possible flaw that can be easily fixed in one update as long as there is consensus. And an exploit always forces consensus to fix it anyway.
>>19161311
It's around 2 times a year, near the winter and summer solstices.

[Anonymous No.19161475]

>>19155182
god what a glorious asshole you are

[Anonymous No.19161523]

>>19156145
Post a shred of proof that you're not a larping tranny and I'll sell.

[Anonymous No.19161972]

>>19160154
> How could they jump ship if they never boarded?
Agree
> BTC has so little liquidity to other assets
> Agree
> and no utility to boot.
Disagree

[Anonymous No.19162061]

>>19160026
>distributed trust based technology that made Bitcoin a revolutionary asset
the fuck did i just read...
i never said i believe in the pos/poa schemes i said the governments will go for them not pow.

[Anonymous No.19162102]

>>19160505
>Proof of work is a horrible concept and it's not going to be part of the world currency NWO system
i agree in that it's never gonna catch on as far as states and the financial elite goes. but i wouldn't call the only one trustless permissionless and secure byzantine fault tolerant distributed ledger technology horrible.
it provably works unlike all the retarded shit shilled lately.

[Anonymous No.19162150]

>>19161273
>Btw op is correct in whats gonna happen.
nah he is a schizo retard off his meds

[Anonymous No.19162183]

>>19161972
It's only good for gambling. The primary purpose of the fucking thing is to do transactions and it can't even do them properly.

[Anonymous No.19162592]

>>19162150
only discord trannies use the term "schizo"

[Anonymous No.19162980]

>>19157390
But she has some good videos.

Also, JUST BUY.

[Anonymous No.19163160]

>>19154057
I WONDER WHAT GOES THROUGH THE PEOPLE TAKING THESE PICTURES HEADS. SERIOUSLY.

[Anonymous No.19163201]

>>19163160
literally this >>19162980

[Anonymous No.19163290]

>>19156110
Phew, oh boy, the internet shill pulled out the caps lock. Better go load off all my Bitcoin now 'cause he said so and go all in back with the fiat US Dollar so I can watch it all become as worthless as toilet paper soon.

[Anonymous No.19163334]

>>19156662
The only thing that chart proves is that Bitcoin is no different than any other market or asset out there in that it's dependent on market and consumer sentiments. Congrats, you cracked the code you moron.

[Anonymous No.19163365]

>>19154057
>untimely
>planned in advance

[Anonymous No.19163365,1]

Anyone else notice that OP posted this on a double 8 day in numerology?

[Anonymous No.19163365,2]

hes talking about BSV dummies