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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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5241113 No.5241113 [Reply] [Original]

Aight' faggots, whos tired of all this bullshit with this 2 piece of shit coins? How do you know corecucks and btrash faggots are not in this together to fuck you?

All this faggotry is only possible because ASICs allow for the centralization of hashpower AND you keep buying round after round like fucking beaten wifes back to suck the bully's dick.

Fuck that FUCK BTC and FUCK BCC
> Oh but LTC will be different
No faggot, LTC will end up in the same cuckery sooner or later .

The only solution is to vote with your goddam shekels and buy ASIC resistant coins on this dip.

Or keep sucking dick and posting wojacks like the fucking attention whores you are, this is /biz/ after all.

>> No.5241615

Bumpity bump, pajeet shills are not saggin this one.

> Geen Id checkd

>> No.5241877

>>5241113
Yo dude, where do I go to learn about what coins miners like that are fully decentralized and not scams?

>> No.5242305

>>5241877
Just google ASIC resistant coins anon, I love VTC but theres others like groetlsk ETH even.

Anything directly related to BTC (BCH, LTC) is kill

>> No.5242498

>>5241113
Is it really asic resistant? They just promised to fork every time the asic miners come in. So you have their word that they're gonna keep forking, as if that is in their interest at lal times

>> No.5242557

>>5241113
I mine this shit coin and every time I get 1 full coin its sold for better coins.

>> No.5242630

>>5242557
You are retarded if you're actually doing that. VTC is a hold until at LEAST $50.

>> No.5242653

>>5242557
So everytime you mine $8 you go and pay transfers and exchange fees to trade for what? LINK?

You are not very bright anon, but is good, VTC does not need dumb money or weak hands.

>> No.5242723

>>5242630
Nah man, he's not doing that, those are the BTC/BCH shills that get paid to FUD everytime VTC pokes around, because THEY ARE LEGIT SCARED of ASIC resistant coins because they will end their party.

>> No.5243084
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5243084

>>5241113
How long does it take to acquire 1 coin if you have a hashrate of 200h/s?

>> No.5243715

>>5243084
Since VTC had a halvening recently IDK anon, the thing is that this smaller block reward had no impact in the pricing so VTC is due for another pump to $15 soon.

Just look at the charts and see the patterns, the coin is very predictable.

>> No.5243940

Yea... litecoin was originally asic resistant until asics were made for it. Groestlcoin is the better and more developed coin if you want asic resistant now.

>> No.5244400

>>5243940
True, the point is you have to have a team dedicated to act against any ASIC development. both VTC and GRS have them.

I don't give a fuck which of both wins, both will go far imo. All I want is to BTC's family to die before it takes THE WHOLE crypto shit out with them.

Because that's gonna happen if we keep buying into their game.think about that.

>> No.5244462

>>5241113
ASIC resistance is a nice idea
but it's just not feasible
economies of scale will always exist

if it's GPU mining the dude with a big wharehouse in China with cheap electricity & thousands of GPU's will win
ditt for CPU mining

>> No.5244510

>>5241113
>The only solution is to vote with your goddam shekels and buy ASIC resistant coins on this dip.
LTC was created to be an ASIC resistant coin when manufacturers started announcing ASICs for BTC. Obviously you see how well that turned out. If a coin becomes popular, someone is going to make an ASIC. It might not be as efficient as other ASICs (e.g. scrypt ASICs are slower than SHA-256 ASICs) but they'll exist and be faster than commodity hardware.

>> No.5244551

you honestly think this coin can succeed when chinks own superfarms dedicated to centralise mining btc and bcash?

>> No.5244862

>>5244400
I actually don't want BTC to die because of VTC and GRS atomic swap with it. If merchants don't accept BTC, all segwit coins die

>> No.5244966

>>5244510
>>5244551

GPU or CPU farms are not as profitable neither space friendly, neither management friendly as ASIC farms.

There will be some farming thats obvious but not concentrated in a single faggot like BCC for example

Is way hard to pull a collussion between 20-50 big farmers than to collude when only a couple people can swing hashrates as they please.

If I'm wrong then the whole crypto ecosystem is doomed to the will of China one way or another, and by then most will not really give a fuck and jump ship, Chinese can keep their ASICs and shitcoins to buy shark fin soup for all I care. But it'll be dead tim.

>>5244862
Other better tech will come with it, tech that is not dictated by central banks anon. Thats like saying you don't want Yahoo to die because you love to write shit on a box and click a button to search it.

>> No.5245017

>>5244462
monero is asic resistant, and gpus only mine about 2x faster than cpus