He wants to acquire full control of BCH through a hostile takeover, I don't think it will work, but it sure as hell doesn't help the BCH community right now
I think Craig Wright has actually gone insane. The accusations about him have pushed him into a corner and now he is looking for desperate attempts to gain back some sort of authority
Sure, that's exactly what we need. Every law enforcement agency in the world trying to declare Bitcoin illegal.
Storing torrents is not illegal, you can data share anything in the world. Uploading and downloading copyrighted material might be, but the users are responsible, not the medium.
The HODL mentality in itself is not that bad. It actually originates from the original Bitcoin investors and it effectively suppresses price crashes. The BCH community needs to stop thinking this idea comes from Core.
Why the fuck would I waste my time typing in random numbers here? Even if I were to ever find the number you came up with I wouldn't get anything for it,
More miners mining BCH and selling means more liquidity which is better for BCH. Obviously miners don’t all always sell (I don’t). Happy to get angry replies!
Bitmain specifically holds and burns some BCH to keep the price more stable, if they only mined BCH they would have to sell more of it for profit. Why don't you understand this?
Lots of miners mining and trading would actually lead to INCREASED liquidity which would STABILIZE BCH price. We got angry Corean in the house. CSW taking Blockstream down next!!
No it would not. We are nowhere near real liquiditiy yet, most people still hoard and wait for price increase (for every crypto). Also who are you calling Corean, moron?
What conditions are necessary in your mind for a "51% threat to exist"?
Also you caannot assume that large for-profit companies lose large amounts of money just so you can see a higher hashrate number next to BCH. They have to pay bills too.
What conditions are necessary in your mind for a "51% threat to exist"?
If a miner is gaining hashpower at a rapid rate maybe you can start to get worried and redirect hashpower towards BCH. However, current BCH hashpower isn't small by any means.
I’m happy that Jihan and Haipo will lose control of BCH. It’s their fault for mining BTC. It pained me for so many days to see BCH starving for hash while miners chose BTC. Some even laughed at those mining BCH.
Moron, if they only mine BCH and sell it for profit it would crash the price even further. Do you actually think mining with a high hashrate is beneficial? Only when 51% threat exists.
Take a drone and go outside in the evening. Put it on the ground and start filming the sun as it goes down the horizon, when it's gone, fly up the drone as far as you can. The sun will reappear.
@TrashPoster, they were in gigantic clunky space suits, which hindered their movement. Besides, you don't have to believe in NASA to find out yourself that the Earth is curved
"they are tiny unimportant beings" <--- this is a religious belief we learned as children, just like the belief that we are important. Neither is proven or has much real evidence.
As long as we don't see evidence that we have a greater importance within this universe I think it's safe to assume that we don't. We are like insects in a forest.