The descent and ultimately death of the chain has already been planned in advance, and many people in the inner circle who are privy to select compartmentalized information know both when and how it will be carried out.
I just thought that Zig Forums should know.
looks like it's schizo season again
Crazies are out of mental asylum bc of covid19 everyone be careful
Yeah it's unironically too clunky and ill get too deflationary too fast. I still think crypto replaces fiat though.
This, but its timely.
Nobody is tenting their fingers with a cadre of like minded ne'erdowells plotting the downfall of some code on the internet somewhere. That's retarded.
But yes, it's going through the opening stages of the Flippening when everyone who's bought between '09 and '16 and sits on 1000+ BTC has only one chance to dump it, and that's the Great Boomer FOMO of 2020.
No survivors, biz.
Just buy ESH
Just buy STAKE
I bought ESH to say fuck you and you ain't getting shit from me.
Here is a hint.
The people in charge of keeping BTC afloat financially, have realized that each successive halving requires them to expend an unsustainable amount of capital to prevent it from death spiraling. The economic model of Bitcoin is such, that a chain that is not continuously scaling in size and traffic to generate fees, is fundamentally broken due to the built in mining incentives. The security and viability of the blockchain requires constant growth, as the network subsidy fades. BTC has chosen a technical route that can not sustain the economics organically. Therefore, constant outside capital injections are required (USDT), which is not in any way sustainable. Each halving doubles the pressure of on the financiers, as there is close to zero consumer demand.
This halving has made them decide to finally pull the plug. It will be a controlled demolition, and the market will not be warned to leave the building before explosion.
Do with this information what you will.
sad thing is back when btc was at $1k we used to think "man once btc hits 10k its going to silence of the stupid critics"
sadly there's more of them now. Once btc hits 100k there will yet be more.
the key to understand this phenomena is this is just the seething of the dirt poor. the scum of the earth, who were too lazy and too retarded to ever get a position, one day wake up and realize their priced out and rush online to bash it.
they don't have some clever plan like "maybe it will fall in price and i will buy in"...its just inane stupid whining.
once we get in control we can start destroying most of the cellphone towers and rip up all the DSLams outside of the citadels.
The internet will once again return to what it was in late 90's and this whole terrible time period can be completely erased from the history books.
Craig will kill himself
if btc goes down all these exchanges will have no customers
they will keep the pump and dump scam going.
BTC is the only crypto that is actually generating significant fee revenue, which is essential to preserve the 21 mil hard cap. The other Bitcoin forks are fucked because they need massive user adoption in order to generate fees, and meanwhile nobody wants to actually use their scarce currency because of opportunity cost, and you have to file with the IRS every time you do so. Greshams law means people will hoard their valuable coins and use fiat and other inflationary currencies to spend.
The only way Bitcoin survives is with a block size limit that encourages a fee market
>the key to understand this phenomena is this is just the seething of the dirt poor. the scum of the earth, who were too lazy and too retarded to ever get a position, one day wake up and realize their priced out and rush online to bash it.
lmao this
>once we get in control we can start destroying most of the cellphone towers and rip up all the DSLams outside of the citadels.
>The internet will once again return to what it was in late 90's and this whole terrible time period can be completely erased from the history books.
I would unironically suck a million cocks to make this happen.
BigDogg vibes itt
You don't understand anything about this market. Tether is the only thing keeping BTC alive.
The plug will eventually be pulled, and this is your warning.
absolutely based and high IQ. Security budget pilled.
you are the scum of the earth and always will be. your clever "tether insights" are worthless and you will never turn any of that into positive capital flows.
you are nigger-cattle that was born to be tax farmed by us, which is why we created a whole variety of shitcoins that are "priced specially for people like you"
The thing is, it would ruin crypto for years. So how do they switch? Is it PoS and Oracles that they switch to?
LOL
>muh tether
you will be seething at some retarded stablecoin for ages to come
nevermind the fact that there are like 20 other stabelcoins all audited
based. The BTC model is unsustainable long term and there is no development being done to make it a long term viable product nor to improve its usability or transaction rate unlike some other blockchains.
>this whole terrible time period can be completely erased from the history books.
this guy gets it
probably often
>seething
probably a kike
romans kept slaves and judea was a vassal state my friend.
we are just building rome 3.0. basically it will usa without the stupid egalitarian bullshit that came from "enlightenment". citizenship will be priced in sats
The supply cap change will help mitigate its end
Can you at least tell us if it'll be in the next 60 days? Or a hint regarding timeline? Thanks
Before summer's end. There will be indicators before they pull it, and if you have a keen sense of the market and what specifically to look for, you will almost know by instinct when the plunge is imminent. But yes we are talking within the next 3 months.
As the old scheme is abandoned, there will be a transition to a new one, and preparations are already under way as we speak. But that is something that I can not comment further on here.
XRP rise of the Phoenix
Buy xrp you fags OP is correct bitcoin is finished
NWO economy coming soon
It's like days, weeks, months, years from now? What's the order of time magnitude we speak about here? I guess next halving is the upper bound.
Thanks user. What would you suggest investing in?
ok, thx
you are fucking retarded. everyone knows there will be a dip within the next 3 months. you're coming up with a shit larp to explain it for attention. once it happens you will come back and say i told you so, and then it will moon and you will never be heard from again. happens every fucking month here. go back newfag.
t. schizoid
There is no "2020 FOMO"
This shit is gonna dump imminently, by 40-70%
So what? If miners capitulate, then I can start mining with normal GPUs/CPUs again and not ASICs. Fuck off.