May 8, 2021 01:44 AM (This post was last modified: May 8, 2021 01:45 AM by double chocolate muffin.)
(May 7, 2021 08:15 PM)_daniel Wrote: We should have a HF Community smart contract where users can bet on both sides and collectively decide who wins these arguments that payout the backers.
(May 8, 2021 07:14 AM)Focus Broken Wrote: No. It's like waiting in line at a bar, but the bouncer lets his girlfriend cut in front of you in line so you have to wait 10 more minutes. You get in the door next, because the bar still wants your $10 cover, so the bouncer can only inconvenience you, not censor you. If this pool were ACTUALLY REORGING CONFIRMED TRANSACTIONS, that would be the equivalent of being kicked out of the bar, and cryptocurrency would have empirically failed.
I shouldn't be expected to respond to this troll format, especially about something so basic since I've done so much writing about mining incentives already. What's wrong in your life today shreder ? Why are you trying to pick a fight? Girlfriend dump you? Trying to cash out $100k in ETH 2.0 coins but your transaction is being censored?
Good analogy, thanks for clarifying. FUD is real these days, always good to see people people explaining what's actually going on. I like what ETH is about and it's going to grow big for sure, but I wouldn't agree that it'll flip BTC in a sustainable manner. I mean, look at the market right now, DOGE is literally a $100b market cap.
I think whenever these type of threads / articles are published, there should be proper due diligence behind it because it leaves many of us confused as to what's really happening. Most of us trust what the sources say on being accurate.
(May 21, 2021 03:15 PM)Ace Boogie Wrote: In hindsight, this thread screamed top.
Well yeah of course. Everyone feels like a genius at the top. I guess this dip was a good wake up call for OP. This thread is basically Bitcoin FUD.
Quote:TL;DR
The government CAN control & censor your BTC transactions, they control PoW through specialized ASIC semiconductor supply control, & a single province electrical outage caused 49% of the BTC hash rate to vanish leading the network to be vulnerable to 51% attacks.
In short, Proof-Of-Work failed sorry Focus but you lost buddy.
Disproved by Focus Broken a few posts above this one.. IMO Ethereum has a solid chance it'll grow a lot but it's not going to flip Bitcoin in market cap.
The Bitcoin network will only get more decentralized and secure from here on out, exponentially. Good luck to ETH to flip that.
May 21, 2021 04:19 PM (This post was last modified: May 21, 2021 04:20 PM by The Broker.)
(May 7, 2021 01:11 PM)Marvelous Wrote: I have been watching my ETH value in BTC go up substantially the last few weeks. I think its just a matter of time until ETH flips BTC.
Even your fellow Bitcoiners are locking away their BTC to do work in DeFi on Ethereum.
No it’s not. Don’t show me short term money flows and bark like it’s been like that for years
A coin with no max supply cannot flip a coin with max supply, period.
ETH will NEVER replace BTC.
SHUT UP ABOUT BITCOIN
Wanting to appear smart is your biggest learning impediment. Until you've spent many months obsessively & silently studying bitcoin, you don't have anything important to say about it.
May 21, 2021 04:23 PM (This post was last modified: May 21, 2021 04:26 PM by The Broker.)
(May 21, 2021 04:21 PM)Tommie R Wrote: it's like saying 'doge went up in value compared to bitcoin, so it will flip bitcoin'
why do people like to fool themselves like that
Because they’ve been trading for 3 months, made some nice profits on some shitcoins
And now they act like they’ve been ruling the crypto scene for years and know everything about money & economics.
Idk if they’re just enjoying to make themselves look smart or really fooling them selves.
Sad. I know shreder for years
(May 21, 2021 04:22 PM)shreder Wrote: Have fun with your max supply which you won't reach for another century. ETH is hitting max supply 100 years before you. Watch.
For ETH to overcome bitcoin price wise it will have to be 120m coins x 40,000$
That’s 4,800,000,000,000$
Who the fuck cares which coin will reach its max supply first?
No person on the world could clarify how many ETH is around, you talking about max supply?
SHUT UP ABOUT BITCOIN
Wanting to appear smart is your biggest learning impediment. Until you've spent many months obsessively & silently studying bitcoin, you don't have anything important to say about it.