Torque
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Activity: 3724
Merit: 5305
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November 13, 2017, 01:50:59 PM |
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There are no such thing as loyal miners here. We have to rethink many things.
A Bitcoin that relies on 'nice' miners sounds rather broken to me. Yeah, those unloyal miners switching to a shitcoin for 24hrs and then not being able to sell them at ROI should do the trick.
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Karartma1
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Activity: 2310
Merit: 1422
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November 13, 2017, 01:53:15 PM |
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There are no such thing as loyal miners here. We have to rethink many things.
A Bitcoin that relies on 'nice' miners sounds rather broken to me. Yeah, those unloyal miners switching to a shitcoin for 24hrs and then not being able to sell them at ROI should do the trick. Glad you answered that one. I might add that I did not intended the loyal word as in loyal but more as committed network contributors. But business is business right?
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becoin
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Activity: 3431
Merit: 1233
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November 13, 2017, 01:58:05 PM |
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Only one last thing: seeing the majority of the hashrate flowing to BCH has been a very hard thing to accept. There are no such thing as loyal miners here. We have to rethink many things.
Of course, there is no such thing as loyal miner. That is exactly how they are supposed to behave. They must act in their own selfish interest and maximize their profits. Switching hash power to BCH can hurt bitcoin temporarily but is killing bcash permanently. BCH fanboys now understand their tragedy. BTC and BCH can't coexist in parallel because BCH doesn't give to users anything that BTC doesn't!
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BTCMILLIONAIRE
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November 13, 2017, 02:00:01 PM |
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Only one last thing: seeing the majority of the hashrate flowing to BCH has been a very hard thing to accept. There are no such thing as loyal miners here. We have to rethink many things.
Of course, there is no such thing as loyal miner. That is exactly how they are supposed to behave. They must act in their own selfish interest and maximize their profits. Switching hash power to BCH can hurt bitcoin temporarily but is killing bcash permanently. BCH fanboys now understand their tragedy. BTC and BCH can't coexist in parallel because BCH doesn't give to users anything that BTC doesn't! BTC actually has significant advantages over Bitcoin Cash, even if it has higher fees and transaction times, simply because it's the common denominator for literally every altcoin.
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fabiorem
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November 13, 2017, 02:01:20 PM |
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BCashers got rekt.
Thanks for the pump. Sold a little of it and now have a little more of BTC.
I'm just a humble hodler.
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Torque
Legendary
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Activity: 3724
Merit: 5305
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November 13, 2017, 02:02:15 PM |
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The gaslighting and shilling over at /r/btc is really sad. Feel bad for such weak minds that fell for it.
I won't be surprised when the BCH (fake) price returns to the $300 level again...
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becoin
Legendary
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Activity: 3431
Merit: 1233
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November 13, 2017, 02:09:53 PM |
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BTC actually has significant advantages over Bitcoin Cash, even if it has higher fees and transaction times, simply because it's the common denominator for literally every altcoin.
This is one of the least important advantages. The main one is segwit which gives entirely new horizon in addition to what we already had before it..
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BTCMILLIONAIRE
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November 13, 2017, 02:11:38 PM |
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BTC actually has significant advantages over Bitcoin Cash, even if it has higher fees and transaction times, simply because it's the common denominator for literally every altcoin.
This is one of the least important advantages. The main one is segwit which gives entirely new horizon in addition to what we already had before it.. Pretty sure the fact that there's a $100bn altcoin market would imply that Segwit is going to be the next coming of Jesus. Is that what you are saying?
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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November 13, 2017, 02:11:48 PM |
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@lopp 4 minutes ago
"The Flippening" "BTC EDA Death Spiral" "SegWit introduces legal risks" "Lightning Network isn't Bitcoin" "Anyone can spend SegWit outputs" "SegWit is patented by Blockstream" "Bitcoin is controlled by censorship/AXA/Blockstream"
If you fall for the FUD, you're gonna get rekt.
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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November 13, 2017, 02:23:25 PM |
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thinair
Newbie
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Activity: 28
Merit: 0
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November 13, 2017, 02:24:46 PM |
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Yesterday I've bought very cheap bitcoins almost at the bottom. I'll hold them until >$10k. Thank you, Ver and Jihan! Keep up the good work!
Your "bottom" is very likely to be reveresed false ceiling Bitcoin at $10,000 is only a self-delusion - the logic is inconsistent. Bitcoin is all about buy-low sell-high - nothing about buying bitcoin (viz other crypto) for its "especial" value. You must have bought at lows before you could sell at high - unified string theory? When you sell high come $10,000, where are the ready pool of "fools" ready to facilitate your profit taking. Bobby Lee, Jihan Woo, ... This alone means that there is no $10,000 to celebrate this Christmas. Only gloom for those invested in bitcoin above $6000.
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vroom
Legendary
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Activity: 1308
Merit: 1741
a Cray can run an endless loop in under 4 hours
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November 13, 2017, 02:25:17 PM |
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they are pumping the crashcoin again. silly bastards.
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BTCMILLIONAIRE
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November 13, 2017, 02:30:06 PM |
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Yesterday I've bought very cheap bitcoins almost at the bottom. I'll hold them until >$10k. Thank you, Ver and Jihan! Keep up the good work!
Your "bottom" is very likely to be reveresed false ceiling Bitcoin at $10,000 is only a self-delusion - the logic is inconsistent. Bitcoin is all about buy-low sell-high - nothing about buying bitcoin (viz other crypto) for its "especial" value. You must have bought at lows before you could sell at high - unified string theory? When you sell high come $10,000, where are the ready pool of "fools" ready to facilitate your profit taking. Bobby Lee, Jihan Woo, ... This alone means that there is no $10,000 to celebrate this Christmas. Only gloom for those invested in bitcoin above $6000. Bitcoin has always been sell high buy higher.
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Torque
Legendary
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Activity: 3724
Merit: 5305
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November 13, 2017, 02:35:45 PM |
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Still they refuse to do any research I see
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GHCoins45
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November 13, 2017, 02:48:34 PM |
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Yesterday I've bought very cheap bitcoins almost at the bottom. I'll hold them until >$10k. Thank you, Ver and Jihan! Keep up the good work!
Your "bottom" is very likely to be reveresed false ceiling Bitcoin at $10,000 is only a self-delusion - the logic is inconsistent. Bitcoin is all about buy-low sell-high - nothing about buying bitcoin (viz other crypto) for its "especial" value. You must have bought at lows before you could sell at high - unified string theory? When you sell high come $10,000, where are the ready pool of "fools" ready to facilitate your profit taking. Bobby Lee, Jihan Woo, ... This alone means that there is no $10,000 to celebrate this Christmas. Only gloom for those invested in bitcoin above $6000. Bitcoin has always been sell high buy higher. LOL, good one.
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Cassius
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Activity: 1764
Merit: 1031
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November 13, 2017, 03:08:05 PM |
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in other altcoin crashes: GBP. #LifeInEmergingMarkets
You ain't seen nothing yet. Once Theresa May is taken to hospital with a Tory-shaped knife in her back, the BoE miners will fork and print a whole lot more...
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Phil_S
Legendary
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Activity: 2110
Merit: 1537
We choose to go to the moon
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November 13, 2017, 03:09:04 PM |
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Jihan Wu of Bitmain imho, made MILLIONS on this pump and dump
Correct me if I'm wrong, but running pump and dump scheme doesn't come with 100% guarantee of success, right? If 90% of the pump cycle is manipulator, and 10% are suckers, and the same for the dump cycle, the result is not much profit for manipulator.
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Coinnosaurus
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November 13, 2017, 03:15:46 PM |
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Paid 6$ transaction fee and after 3 days .. 0 confirmations . Bullish.
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fluidjax
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November 13, 2017, 03:16:41 PM |
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Jihan Wu of Bitmain imho, made MILLIONS on this pump and dump
Correct me if I'm wrong, but running pump and dump scheme doesn't come with 100% guarantee of success, right? If 90% of the pump cycle is manipulator, and 10% are suckers, and the same for the dump cycle, the result is not much profit for manipulator. I don't think BCH people are making money out of this, they are simply committing to their idea, putting their money where their mouth is. The people selling BCH are the BTC supporters. Roger, Jihan & Co. can't dump their BCH yet, there is almost no-one else to buy them in volume.
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