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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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13164911 No.13164911 [Reply] [Original]

What are this fuckers business model?Segwit adoption is based indeed on bottlenecking the network as people adopt the new wallet protocol to save on fees.

But this motherfuckers are spaming so much so fast that at this rate we will end up with 7usd fees in btc in a week without even giving people the chance to move their coins to the new wallets.

Also how is this even a fucking good idea?The cost of their "proof of proof" is so retarded that the more they spam the most their service cost.
For me they can continue all they want , they are literally giving free gibs to miners descentralizing the network more and more , but this is retarded.

Can someone explain what the fuck are they even supposed to acomplish with their clown business model?

>> No.13164955
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13164955

Maybe they're trying to profit from a upcoming pump and dump? Cause a panic with a pnd and force people to adopt new wallets in order to sell their Btc on time.

>> No.13164984
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13164984

>>13164955
They are literally doing 40% of the tx per day at least , and the 1tx min fee means they are constantly buying btc to do this.
In a way they need to increase the ammount of fees they pay every day to continue doing so.

The market will tolerate more than they can as the fees rise.

They literally increase the price by buying to do this shit , it makes no sense.