Friday, 28 February 2020

It's time to realize that BTC isn't going to have a graceful halving

Between now and May we're going to be looking at a sharp pullback in markets across the board. Instead of rallying going into the halving which has occurred in every past halving, BTC very well could pull back to its 2018 lows. This could mean a lot of hashpower leaves BTC, slowing the chain significantly. When BTC mining drops in profitability, so will BCH mining profitability, thanks to the fast adjusting DAA that keeps profitability equal on both chains, although the BCH DAA will adjust to keep blocks coming at ~144/day.

The IFP "hash vote" will take place just three days after the BTC halving. There will be a lot of slack hashpower sitting around.

Discuss.

submitted by /u/jessquit
[link] [comments]

source https://www.reddit.com/r/btc/comments/faqk7x/its_time_to_realize_that_btc_isnt_going_to_have_a/

Can/Should Bitcoin.com make sure their (AWESOME) wallet is 100% opensource just to appease the troll accounts here?

It seems like it would not be impossible and there is a big part of me that would always wonder, if you are not showing the code, why not? And in this case, IP does not cut it for me.

submitted by /u/Mancowpig
[link] [comments]

source https://www.reddit.com/r/btc/comments/faq3yt/canshould_bitcoincom_make_sure_their_awesome/

Question from a layman...

Question from a layman...

Does BItcoin inherently force all FIAT to compete on a market of fairness instead of the manipulation and by force of today and the past?

submitted by /u/kh91vy
[link] [comments]

source https://www.reddit.com/r/btc/comments/faped3/question_from_a_layman/

Roger on CoinTelegraph: "There's nothing that can be a store of value that doesn't have a secondary use case."

Roger on CoinTelegraph: "There's nothing that can be a store of value that doesn't have a secondary use case." submitted by /u/derykmakgill
[link] [comments]


source https://www.reddit.com/r/btc/comments/fan4qw/roger_on_cointelegraph_theres_nothing_that_can_be/

What would happen to the BCH network if 20% miners ran BCH Node and majority (80%) ran ABC's implementation with a positive IFP vote?

Will network split? What happens to the 20% running BCH node software?

submitted by /u/merchantjem
[link] [comments]

source https://www.reddit.com/r/btc/comments/fammam/what_would_happen_to_the_bch_network_if_20_miners/

Has proof of work failed?

Proof of Work enables malicious miners who don't even CARE about BCH to start mining BCH on May 15th and CAUSE A SPLIT — even though they have no stake in the coin themselves. Thus causing a split BECAUSE they want to damage the coin, which is EXACTLY THE OPPOSITE of what Satoshi intended with this invention!

submitted by /u/scotty321
[link] [comments]

source https://www.reddit.com/r/btc/comments/famlc8/has_proof_of_work_failed/

Any thoughts on bitcoin mining carbon footprint?

submitted by /u/bitcoinhalvening
[link] [comments]

source https://www.reddit.com/r/btc/comments/faparh/any_thoughts_on_bitcoin_mining_carbon_footprint/