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/biz/ - Business & Finance

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3156632 No.3156632 [Reply] [Original]

JUST

>> No.3156670

HASH

>> No.3156672

What does this mean in brainlet terms?

>> No.3156683

>>3156672
BTC is quite literally fucked.

>> No.3156693
File: 180 KB, 2476x1006, Screen Shot 2017-08-21 at 19.57.36.png [View same] [iqdb] [saucenao] [google]
3156693

>>3156632
Mmmmmh that BTC lag

>> No.3156694

>>3156683

So at what percent of hash does BTC reach crisis mode? 50%? 75%?

>> No.3156703

>>3156683
Will there me a mass panic when hash rate reaches 50%? Sounds quite exciting.

>> No.3156706

Website?

>> No.3156708

>>3156632

Are you people insane? You realize if people leave BTC, the hashrate difficulty will decrease and eventually new blood will take over. It's built into the algo as a failsafe in case this shit ever happens.

Why is everyone panicking?

>> No.3156709

You guys realize BCH is gonna go up in difficulty by 300% in 38 hours right? Everyone is using this for a quick profit and will jump off and back to BTC on retarget.

>> No.3156710

BCC at 51% and btc goes to 3k bcc to 2k. GET IT

>> No.3156713

>>3156693
Also full blocks.

>> No.3156714

>>3156708
BTC difficulty adjustment is really slow.

>> No.3156732

>>3156714

So what? no one uses btc to buy anything, we can wait.

>> No.3156738

>>3156732
>no one uses btc to buy anything

>> No.3156760

>>3156708
Except they won't leave BTC because "muh supreme king maximalism" as well as using it a hedge to get into alts. It will be a while before exchanges start replacing BTC with BCH as main currency. But all of this comes much later than massive chink mining organizations migrating and raping BTC. Long term who knows what will happen, but short term we can already see massive BTC drop happening.

>> No.3156772

Website. Fork.lol

And this is where btc gets fucking rekt.

bcc = satoshi's original coin
Btc = (((blockstream)))

>> No.3156788
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3156788

>>3156672
it means have your bitcoins in an exchange just in case, if the blocks crawl to a halt it would be too late to do anything, literally

>> No.3156807

Bcash is an altcoin. Please limit these threads to the failed altcoins general.

>> No.3156813

>>3156714
the entire market is built on a house of cards made entirely of fake tether and FOMO. once that FOMO turns to FUD and everyone realizes only a small fraction can sell for real USD what happens?

>> No.3156839

>>3156732
>>3156714
Sorry, meant to respond to that guy.

The BTC network doing 2 transactions per year will probably cause FUD and a giant price retrace downwards.

BTC is fucked harder than anything could ever be fucked.

>> No.3156849

>>3156807
Just shill some more bcore faggot.

If you believe in bitcoin support bcc not some Jewry of blockstream

>> No.3156897

>>3156807
>D-DELETE THIS
This isn't reddit or some forum you can censor coreshill.

>> No.3157063

>>3156897
Reddit bitcoin are full of retards promoting an agenda

>> No.3157096

Buy the rumour sell the news.

That money already moved to BCH and left

>> No.3157103 [DELETED] 

>>3156709
Elaborate, please. The more miners, the more difficult or wut?

>> No.3157111
File: 277 KB, 1440x2103, Screenshot_20170821-200546_1503338788173.png [View same] [iqdb] [saucenao] [google]
3157111

Friendly reminder bch will be less profitable to mine than BTC in less than 1000 blocks

His own upgraded EDA will kill his plans

>> No.3157113

You can tell by comments like these how these people have no idea about the technology behind the blockchain

>>3157096

I miss when crypto was in /g/

>> No.3157131

>>3156632
Where were you when BTC was kill?

Feeling comfy as fuck after selling at 4300

>> No.3157135

press S to spit on its grave

>> No.3157173

>>3157113

>muh techncholochy

If it was about the tech there are 100's of crypto more advanced than bitcoin retard

>> No.3157197

>>3157173

most retarded comment of the day.png

>> No.3157217

>>3157111
Unless some chinese miner with a lot at stake decides to pump BCH up.
The same way he pumped it up a few days before the difficulty went down 2 days ago.

Crypto is not like wall street.
there are no regulations here

>> No.3157251

>>3157197

Have fun when coinbase dumps millions of bch shitcoins soon

>> No.3157286
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3157286

>>3157217

If you are good at maths, you know that it can't be pumped enough for your hypothesis to happen. As you might not know, bch diff for the next period is adjusted by the hashpower it has, so with the amount of hash it has right now, the diff is going to be much higher than the 344 I posted there

In this updated version the next diff is already 355% and it will keep mooning like you wanted the price to moon

It might even reach a 600% or more if it gets more hashpower, so bch is going to fucking die in the next 1000 blocks

Screencap this shit and built me a bronze statue

>> No.3157315

>>3157286
Difficulty can only go up 4x, brainlet

>> No.3157320

>>3157286
It will be like after the fork.
BCH didn't die, yet it inherited BTC's difficulty.

BCH has an emergency difficulty reduction, not BTC.

>> No.3157334

>>3157315
I Forgot that detail but the rest is the truth

>> No.3157354

>>3157320
But that's exactly why in less than 1k blocks bch won't be more profitable than btc

>> No.3157382

Just buy it before btc gets rekt

>> No.3157402

>>3157354
Yes, but difficulty will quickly readjust again in favour of BCH.