BTC Lover

Be form less, shape less like Water.

[BTC Lover @BitcoinLiked]

@MBitcoiner @Dimi_h

[BTC Lover @BitcoinLiked]

@MBitcoiner @Dimi_h Why do you think Bitcoin Knots is hard forked is not good? Hash rate is coming. Decentralisation is being achieved. Network is growing.
Scarcity comes from decentralisation. If 3 big mining pools have 51 of hash rate, this is not decentralisation.

[BTC Lover @BitcoinLiked]

@TJMacD @Hirsch44 @GrassFedBitcoin Best trade, as BTC2 move from $1000 to $2000 will give you same returns like $80,000 to $160,000 move of BTC.

[BTC Lover @BitcoinLiked]

Yes, basically I believe Bitcoin is an ideology.
Now I consider the chain which is more decentralised as Bitcoin chain.

Anyways, BTC2 is more lightweight for node runner and it is more decentralised at miner level. It uses blake2b as hash algorithm to lock the block. Transactions work same way.

[BTC Lover @BitcoinLiked]

@Hankismoodi @SlyGoomba But incentives matter.

[BTC Lover @BitcoinLiked]

@Hankismoodi @SlyGoomba Ok. Let’s ignore it then

[BTC Lover @BitcoinLiked]

@GrayersDad @BTCForevercast @Jacobsen17T Consider mining equipment is going up as difficulty increases.

[BTC Lover @BitcoinLiked]

@GrayersDad @BTCForevercast @Jacobsen17T So don’t sell if price doesn’t match your expectations.

[BTC Lover @BitcoinLiked]

@MarkOfBitcoin @SeedSigner @sesi_the_man In my opinion, seed signer will work exactly the same with Bitcoin2.
Because transaction structure is not changed.

[BTC Lover @BitcoinLiked]

@nestedSegwit Also kindly check the prices of mining equipment for this chain. It’s either out of stock or very expensive.

[BTC Lover @BitcoinLiked]

@Hankismoodi @SlyGoomba Yes evidence is that top 3 mining pools have more than 51% of hash power.

What will you do when they decide that halving should delay this time only.

[BTC Lover @BitcoinLiked]

Do you think we would have the same profit margin if a coin’s price moves from $1,000 to $2,000, compared with a move from $80,000 to $160,000?

In that case I think mining activity tells something about trend.

[BTC Lover @BitcoinLiked]

@mononautical BTC: move $1000 to $2000

shacoin: move $80000 to $160000

Profit margin is same.

[BTC Lover @BitcoinLiked]

@CivilBtcSaver Bitcoin is decentralised. Shitcoin is centralised.

Do you agree?

[BTC Lover @BitcoinLiked]

@CivilBtcSaver What is illness here? Is it not right?

[BTC Lover @BitcoinLiked]

@TheBTCKnight But sha256 miners are getting cheaper.

Only people with financial background believe that bitcoin is going to moon. But scarcity comes from decentralisation. Centralisation introduces shitness.

Don’t trust, verify.

[BTC Lover @BitcoinLiked]

@88_sats That’s right. Because it is related to mining industry. All transaction and their structure is same. Nothing is changed.

Shitcoins are centralised.

[BTC Lover @BitcoinLiked]

@RobinSeyr Bitcoin is an ideology. Shitcoins are normally centralised.

[BTC Lover @BitcoinLiked]

@BTCForevercast There is not much difference in BTC and Legacy BTC. All transactions before 8 August are same.
I am only waiting for the melt down of sha256 miners into blake2b miners. Ticker will not be the problem.