Into The Cryptoverse

20 декабря 2022 16:43

heheh not buying back until people’s homesteads are getting bulldozed

Into The Cryptoverse

20 декабря 2022 16:40

I told you. 8k Bitcoin soon. With the Ledger included

Into The Cryptoverse

20 декабря 2022 16:40

bruh y’all so doom brained I love it

Into The Cryptoverse

15 декабря 2022 10:02

Would be interesting to do a comparison of the cost of a 51% on bitcoin vs 1/3rd ethereum.

Into The Cryptoverse

15 декабря 2022 09:55

17.4/17.3 looking like a really attractive reload zone, come on BTC, come to daddy

Into The Cryptoverse

15 декабря 2022 09:55

In the absence of slashing & entry/exit queues I’d say I’d agree.

Into The Cryptoverse

15 декабря 2022 09:51

Come on ADA - get down below 30c and let's see some serious capitulation 👇

Into The Cryptoverse

15 декабря 2022 09:49

Hey, he's consistent and has been technically correct 🐻

Into The Cryptoverse

15 декабря 2022 09:47

So what he's really saying is: Bears are really really smart and have been the entire year 🐻

Into The Cryptoverse

15 декабря 2022 09:39

The costs of running a mining facility are obscene

Into The Cryptoverse

15 декабря 2022 09:37

Gotta admit, PoW weighs down the price discovery of this industry by loads.

Into The Cryptoverse

15 декабря 2022 09:36

Tbf, if BTC used PoS, miner sell offs would be near nonexistent in the first place.

Into The Cryptoverse

15 декабря 2022 09:33

https://twitter.com/TrungTPhan/status/1603074120794902529?s=20&t=nf__1z9i5Zbm7y4TCrPrRA

Into The Cryptoverse

15 декабря 2022 09:32

False equivalence. If the current crop of over-leveraged bitcoin miners went out business, then hashrate would fall, resulting in a difficulty adjustment, which would attract new miners, that weren’t over extended in their hardware capex.

Into The Cryptoverse

15 декабря 2022 09:16

I dont even want to know the rate they gave them in this market. It from at risk to chapter 11 back to mega risk (upgrade?)

Into The Cryptoverse

20 декабря 2022 16:40

this chat is funny, so much delusion lol

Into The Cryptoverse

20 декабря 2022 16:40

Already in a generational recession ser

Into The Cryptoverse

20 декабря 2022 16:39

worse than Great Depression ay?

Into The Cryptoverse

15 декабря 2022 09:57

It’s ~30% for someone to non-trivially attack the chain I think.

Into The Cryptoverse

15 декабря 2022 09:55

> debatable second point
I recall Solana required control of 1/3rd of bonded SOL. Is it a similar threshold for Ethereum?

Into The Cryptoverse

15 декабря 2022 09:54

But those ASICS could be bought by other massive companies, further centralizing the supply.

And that second point is debatable.

Into The Cryptoverse

15 декабря 2022 09:50

This is unfortunate and it’d be great to see these centralised hashrate factories go out of business, which is looking increasingly likely.

In terms of security, proof of work is the only consensus mechanism that’s isn’t (as easily) financially subverted and controlled.

Into The Cryptoverse

15 декабря 2022 09:48

Jesus if the wind turns...

Into The Cryptoverse

15 декабря 2022 09:40

One more leg down and I am him

Into The Cryptoverse

15 декабря 2022 09:38

You’d need magnitudes less issuance to achieve roughly the same amount of economic security (if you strictly look at $ value).

Into The Cryptoverse

15 декабря 2022 09:37

Not sure i follow, can you elaborate?

Into The Cryptoverse

15 декабря 2022 09:33

cool thread for a thursday morning

Into The Cryptoverse

15 декабря 2022 09:33

nowt to do with crypto but made me laugh

Into The Cryptoverse

15 декабря 2022 09:18

There is no comparison. Bitcoin miners going out of business is neutral to true Bitcoin Maxi’s, it’s the way capitalism is supposed to work. If you aren’t competitive anymore, you deserve to die and you will be replaced by someone who is competitive. Bitcoin won’t die because there is the difficulty adjustment if many miners go under.

Into The Cryptoverse

15 декабря 2022 09:16

bitcoin will save the world