/biz/ - Business & Finance

>>57877722
>>57877722
>Dotcom
"Websites are the future anon!"
"Invest in this BBQ website that has no form of monetization or business whatsoever!"

>Housing
"Buy this house before it sells Anon!"
"No credit required! Just like the other 400 identical houses in this development block!"

>= AI Tech + Commercial Real Estate

"Big woke chat bots for art are the transhumanist future anon!"
"Back to the new normal as Sleepy Joe says!"

"So much AI productivity to be had with zero liability or obvious risk as everyone totally needs to work from the office job they definitely kept to use it..."

>OLD OLD
The reality is you will see signs... clear signs... things are cracking. You do.
You need to look for road hazards as they approach. Know when to swerve.
Something will seem to give and it will magically be saved.
Something nobody was watching will give and no one will believe it. But you.
Because you noticed the cracks. You noticed the fakeouts and all the while that insane rally started to get a tad shaky...
And then the panic sets in.

>Tl;Dr
It will rally like it's '99 or '06 until it suddenly and subtly doesn't. It's all one big party. Until the music stops and no one notices but you.
Trust your gut and look for the bumpy top of the coaster.

>>50476380
sisterinos this can't be habbening

>>50334444
Damn, checked

>>49917646
What worries me is that the total supply is 720 million and only 281 million are circulating lol.

But in practice it still looks like a good project. Solid EVM, most TVL among L1's. Cheap fees and high Nakamoto coefficient (if it's worth anything). The ads trigger me. They don't say anything about it so it's even worse.

>>49790131
How is it used every day? You mean by merchants?
>>49790767
Faster blocks do not mean faster confirmation times.
>First Litecoin is not faster. It has “faster” blocks, in the sense that the blocks are generated on average every 2.5 minutes compared to the average time of 10 minutes for Bitcoin. However, even if we assume an identical hash rate (or Proof of Work) for both blockchains - even then every block on Litecoin is less secure than the one on Bitcoin, so you will need more confirmations on Litecoin to have same security than on Bitcoin. So, faster blocks do not achieve faster confirmation times. But, the hash rate on Bitcoin is much higher, so even 1 confirmation on Bitcoin is much more secure than 4 confirmations on Litecoin. In other words, Bitcoin is much faster if you take into account the total PoW required to ensure that the transaction is permanent with the same certainty. In fact, faster block times are even worse, as they cause more “collisions” or where two blocks are created nearly at the same time by different miners and then propagate through the network and compete to become the tip. In such a scenario, only one blocks succeed and the other one is discarded thus wasting efforts to create it and removing the total hash rate from the network.

How will the network secure itself? What incentive will there be for miners to stay?