Weekend Reminder

so why dont they attack?

protip: economics... read the fucking whitepaper

They don’t attack because these chains have such little extractable value that it is more economical to continue mining bitcoin. Just because the lion in your cage hasn’t killed you and ate your body doesn’t mean it can’t or won’t.

that is a stupid argument. Only 1.5% of BTC mining power is needed to attack the minority chain. If I divest that hashing power from BTC and know that I will succesfully attack the small chains thereby creating a panic and driving the price down I could open up a leveraged short position and recoup all the BTC that I would have made mining BTC and then some. Huobi and polo offer leveraged shorts on BSV, so that is not the answer of why miners dont attack those chains.

The lion is always hungry and looking to maximize profit

if this doesn´t trigger cognitive dissonance on BTC people I don´t know what will.

The liquidity of those contracts is astronomically low. There is no sizeable position to take shorting either of these chains, not to mention the political and legal risk of a move like this. There is hardly any money to be made and exchanges will immediately shut down all deposits, withdraws, and trading activity on these chains and will also likely know who orchastrated it by following the money and KYC info. It is not a “stupid argument” you cannot deny these chains are under a constant threat of disaster having this low of a hash rate.

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You are a loser, grow up.

a quarter of BTC hash is dudes in favour of SV. At any time they will defend it, they just don't want the hash to skyrocket and sell BTC for profit. That's why BSV stays relatively stable in USD is because it's price is intimately related the profitability to mine it vs BTC.

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>someone with 0 knowledge about cryptography is a Satoshi Nakamoto