There's been a huge drop in BCH hashrate and in turn may lead to a difficulty bomb on the BTC chain. Hashrate could then be switched back to BCH.
Incoming flippening maybe?
Hmm i doubt it will happen this year.
I put my chips on it being between 0.04 and 0.25 the coming years, no hurry though, slow and steady wins the race. I am not to fond of miners mining at a loss for political reasons.
That's true. But if something like this were to happen close to the stress test it'll prove how poorly the BTC chain handles transactions and how well BCH handles large numbers of TX.
why doesn't BTC/blockstream change difficulty adjustments to avoid difficulty 'bomb'?
Good question, best answer I can think up is that BTC aims to be as conservative as possible, and to change as few thing as possible, and only when necessary, but that is debatable.
hmm, hope they stay that way. 😒
Btc supporters and devs just don't understand that BTC actually stands for "Sometimes it's 'Better To Change'...."
BCHs DAA is actually serving both coins. That is one of our DAAs disadvantages. Now when coingeek has 20%-ish hash rate, we could go back to more stable difficulty.
DAA serves BTC by allowing miners to switch between the two coins?
Yea that might be the biggest thing that could prevent flippening from occurring but it also protects BCH. It is also the reason why the flippening will be a slow process.
Because the BCH price will need to slowly climb to a point where even after the higher difficulty, it's more profitable to mine BCH rather than BTC
The flippening will happen when BCH community gets so many new people into crypto, that this number exceeds the number of people in the BTC camp. New people haven't been brainwashed.
Mining will really determine the flippening; that and coin price, also there may be a tipping point for BTC mining where its just too difficult to mine for normies
