Altcoins

Tbf, many of those slices are mining pools, not singular mining farms.

Gold is going to be super awesome as boomers keep dieing and millennials and zoomers are too busy with crypto to give a fuck.

> We need decentralization! So lets make it so the entire market is tied to one fucking coin!

fucking kek

We all need to kys for fucks sake...

i have 2% of my portfolio in gold.

even that is too high I think.

Ripple CEO Bashes Bitcoin

Bitcoin Controlled by Chinese, Absurd to Think it Could be Primary World Currency

Mr. Garlinghouse then compared XRP to BTC. “This is how liquidity will be managed in the future. Bitcoin today takes 45 minutes to settle a transaction. Banks will use what is efficient and cheaper. And if you deliver a better product at a better price […] they will use it.”

An under-reported story, Ripple’s CEO insisted, is how BTC is “owned by China.” He noted, “The smartest thing you’ve done is not have ‘bit’ or ‘coin’ in your name. I’ll tell you another story that is underreported, but worth paying attention to. Bitcoin is really controlled by China. There are four miners in China that control over 50% of Bitcoin. How do we know that China won’t intervene? How many countries want to use a Chinese-controlled currency? It’s just not going to happen.”

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There is going to be a point where we are fucking sick of crypto because it will be in EVERYTHING. Social media video games and god knows what else. Watching movies might get you some fucking coin... Random moon missions for no fucking reason. You bought a nintendo and got coins for beating games.

> FUCK NOT ANOTHER COIN!! Do I need unique wallet for this shit too?

> Buy gold its just like bitcoin!

> FUCKING KILL YOURSELVES!!!!

>asicboost

Is this a meme? That doesn't fit jihan' s style. If this was a thing they'd have dumped them on the market by now after using them up
See: the cryptonight miner fiasco

>all pool owners are forever benevolent
>all are immune to corruption and greed

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>Ripple
>100% centralized shitcoin for banks
Truly the boomercoin

>100% centralized

2016 fud

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Why do i see this fagget chipmunk everyday

The owners of Ripple can't shut it down?

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Why have you started browsing Jow Forums everyday?

Can't freeze =/= shut down nodes

Not really, difficulty adjustments guarantee it's always balanced.

Jihan can't do shit, he will just keep milking the cow like a good cuck.

>difficulty adjustments guarantee it's always balanced.
Won't that just make it easier for the "big guys" to get to 51%, because the average miner won't mine at a loss.

If the difficult goes down in relevant amounts it must mean that some big miner left. Then it gets adjusted and means it's now easier to mine bitcoin, which means someone else somewhere will find a profit.

Ah, I see. The chance to get more BTC increases as the difficulty drops. Therefore they get more BTC to sell making it profitable.

However, let' say it drops a lot. While it would not be profitable at the moment, wouldn't the "offline" big miners be able to put them online for some time to initiate a 51% attack?

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No, as far as bitcoin is concerned, miners left. The 2016 delay block doesn't allow for such fuckery.

51% attack is just wasting resources, coins are safe, at least coins sitting in legacy addresses, not sure about segwit.