Post your BTC red pills here
Post your BTC red pills here
Anthony Nguyen
Other urls found in this thread:
medium.com
youtube.com
youtube.com
youtube.com
youtube.com
youtube.com
cs.princeton.edu
bis.org
twitter.com
Ayden Martinez
Brody Walker
There's obviously gonna be a pump. There are too many big players in BTC for it to die.
Parker Cox
The market cycles get longer each time. The bull run will actually start in 2022.
William Wilson
medium.com
youtube.com
youtube.com
youtube.com
2016 - 2020 1,800 bitcoins mined per day
2020-24 900 bitcoins mined per day
24-28 450 bitcoins mined per day
28-32 225 bitcoins mined per day
32-36 112.5 bitcoins mined per day
36-40 56.25 bitcoins mined per day
40-44 28.125 bitcoins mined per day
44-48 14.06 bitcoins mined per day
48-52 7 bitcoins mined per day
52-56 3.5 bitcoins mined per day
56-60 1.72 bitcoins mined per day
60-64 87 million satoshis mined per day.
64-68 43,5 million satoshis mined per day.
68-72 21.75 million satoshis mined per day.
72-76 10.875 million satoshis mined per day.
>>
Jack Taylor
That, and Tether printing, cheap interest rates etc.
Elijah Scott
Jordan Carter
All I see is declining security budget is this fud lol?
Jackson Watson
You have no idea what bitcoin is. I have a vague idea of the end result of bitcoin.
It will completely change the entire world forever.
Landon Wright
LMAO
Aiden Sanders
Oliver Robinson
it will never happen to you
Grayson Campbell
>Segwit
>1 mb blocklets
>No patents
>Not compliant with international law.
Fuck off BTC.
Henry White
Nice meme lines, faggot
Jack Campbell
Cringe post. Are you even here when it was $8? Things are a lot different today than in 2011.
Levi Reed
>Exorbitant fees
>Flooded mem pool
>Hours to carry out a single transaction
>4 tx/s
Fuck right off.
Brayden Roberts
BTC is just a shitcoin, and there better ones out there
OP is right
supply means nothing, it is about, who the fuck will buy at 100k
Adam Green
>On the Instability of Bitcoin Without the Block Reward
cs.princeton.edu
The most in-depth paper written on bitcoin EVER
Princeton university
>Beyond the doomsday
economics of “proof-of work” in cryptocurrencies
Monetary and Economic Department
bis.org
"Second, the transaction market cannot generate an adequate level of
“mining” income via fees as users free-ride on the fees of other transactions in a block and in the
subsequent blockchain. Instead, newly minted bitcoins, known as block rewards, have made up the bulk
of mining income to date. Looking ahead, these two limitations imply that liquidity is set to fall dramatically
as these block rewards are phased out. Simple calculations suggest that once block rewards are zero, it
could take months before a Bitcoin payment is final, unless new technologies are deployed to speed up
payment finality. Second-layer solutions such as the Lightning Network might help, but the only
fundamental remedy would be to depart from proof-of-work, which would probably require some form
of social coordination or institutionalisation."
Ayden Davis
Dumbest ad hominem attack not replying to fair question ok moonboy lol
Tyler Thomas
if bitcoin changes the entire world forever it'll be because of it originating the concept only, there's no way a superior technology doesn't fully replace it
Nathan Walker
not forever, hype is slowly dying and at one point it will be a losing game keeping the price up. Smart money will exit bitcoin slowly over time.
Justin Rogers
>Cringe
>Are you even here when it was $8?
You need to go back
Samuel Murphy
no one wants to buy at 10K so imagine at 100K
lol
Ian Kelly
>Lightning Network
Lightning Network does not work, literally, it has to be settled on the main layer, it add more weight
Ryan Price
Fuck, I bet that guy's hung himself by now.
Evan Gutierrez
Logan Lee
This. I am slowly putting money into other POW "muh store of value coins"
Check Nervos.
Angel Anderson
We have argued that deviant mining strategies in a transactionfee regime could hurt the stability of Bitcoin mining and harm the ecosystem. In a block chain with constant forks caused by undercutting, an attacker’s effective hash power is magnified because he will always mine to extend his own blocks whereas other miners are not unified. This would make a “51%” attack possible with much less than 51% of the hash power. Many other unanticipated side-effects may arise. In the block size debate, it is frequently argued or assumed that space in the block chain will be a scarce resource and a market will emerge, with users being able to speed up the confirmation of a transaction by paying a sufficiently large transaction fee. But if miners intentionally “leave money on the table” when solving blocks, as is the case in undercutting attacks, it breaks this assumption. That is because undercutting miners are not looking to maximize the transaction fee that they can claim, and don’t have a strong reason to prioritize a transaction with a high fee.9 Put another way, the block size imposes a constraint on the total size of transactions in a block and the threat of being undercut imposes another constraint on the total fee. The two interact in complex ways. We believe that qualitatively our results will continue to hold in a world where the available block size is much smaller than the demand, but quantitatively the impact of undercutting will be mitigated (see end of Section 3.1). Still, it is an important direction for future research to understand this connection more rigorously. Despite the variety of our results, we believe we have only scratched the surface of what can go wrong in a transactionfee regime. To wit: we have not presented an analysis of miners whose strategy space includes both undercutting and selfish mining, primarily due to the complexity of the resulting models.
David Stewart
"Unfortunately, there is reason to expect that the demand for transactions will fall to very low levels. People are likely to make use of off-chain transaction mechanisms via trusted third parties, particularly for small amounts, in order to alleviate the need to wait for confirmations. Payment processors may only need to clear with each other infrequently. This scenario is not only economically likely, it seems necessary given the relatively low transaction rate supported by Bitcoin. Since blockchain transaction will have to compete with off-chain transaction, the amount spent on transactions will approach its cost, which, given modern infrastructure, should be close to zero. Attempting to impose minimum transaction fees may only exacerbate the problem and cause users to rely on off-chain transaction more. As the amount paid in transaction fees collapses, so will the miner’s revenues, and so will the cost of executing a 51% attack. To put it in a nutshell, the security of a proofof-work blockchain suffers from a commons problem[9]. Core developer Mike Hearn has suggested the use of special transactions to subsidize mining using a pledge type of fund raising[10]. A robust currency should not need to rely on charity to operate securely"
Luke Edwards
literally me. I was a freshman in uni in 2010 and this friend of mine who was the group's nerd asked me if I wanted to buy 100€ worth of his weird internet money because he had put all his meagre savings in it but now he needed cash urgently. I was like, nah man I don't need your make believe money, I'll just borrow you 100€ and you'll give me back when you can. I wonder where that guy is now
Austin Butler
>fractals
ngmi
Caleb Rivera
Chase Adams
I do believe crypto is the future, but not Bitcoin. It takes way too long to make a transaction. I believe Bitcoin will stay around for a while but ultimately surpassed by better cryptos. The more people develop an interest in Bitcoin the more they will realize the potential of other altcoins and it will eventually shift away from Bitcoin to other coins t that have more of a real world use and application