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/biz/ - Business & Finance

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9814608 No.9814608 [Reply] [Original]

How long until people figure out there is going to be a major gas problem long term?

>> No.9814659

Exactly

>> No.9814669

>>9814608
>Lava wallet.
NEXT

>> No.9814671

>gas problem
>>>/pol/

>> No.9814691

>>9814608
Priced in.

>> No.9814709

The issue is not transferring between peoples wallet it is the method for mining.

The larger pools are spending $1000s per day on gas.

>> No.9814723

There are going to be more miners and less tokens being minted.

How do you think that is going to work out?

>> No.9814756

>>9814723
actually probably better than fewer miners and less coins being minted

>> No.9814757

>>9814723
Well if there's less tokens being minted then they shouldn't have to pay so much for gas over time?

The amount of gas required would shrink because your payouts are becoming so small.

>> No.9814762

> mfw made over 20 ETH with crypto kitties and mons
> still dint understand gas

Metamask was plug and chug, but yes I'm still retarded.

>> No.9814764

>>9814709
That will mean the price will rise

>> No.9814768

>>9814723
It's not that hard to follow really.

>> No.9814813

>>9814764
shame no one will want to buy

>> No.9814824
File: 72 KB, 730x438, The road less traveled.jpg [View same] [iqdb] [saucenao] [google]
9814824

>>9814813
Literal Bitcoin 2.0
It's here to stay.

>> No.9814835

Try to solo mine, it costs gas to submit shares bro.

>> No.9814849

>>9814835
Unless your solo mining at 100GH/s you're not solo mining.

>> No.9814850

>>9814608
>>9814671
>>9814659
0xBTC solves the gas problem

>> No.9814868

>>9814608
>>9814659
>>9814669
>>9814671
>>9814691
>>9814709
>>9814723
>>9814756
>>9814757
>>9814762
>>9814764
>>9814768
>>9814813
>>9814824
>>9814835
>>9814849
>>9814850
> they think gas is a problem
it's a feature retard

>> No.9814900

>>9814868
Spending gas to mine is a feature.

Yeah, its doom to fail.

>> No.9814932

>>9814709
>anti-pool incentive

Fine by me, more competition involved the better.

>> No.9814944

>>9814900
0xBTC is already successful as it's fairly distributed.
Unlike other legacy PoW coins, 0xBTC is immune from 51% attack and DDoS attack.
No one can stop you from spending minted coins even if there is no miner.

https://etherscan.io/token/tokenholderchart/0xb6ed7644c69416d67b522e20bc294a9a9b405b31

>> No.9815331
File: 29 KB, 640x640, neinneinnein.jpg [View same] [iqdb] [saucenao] [google]
9815331

worth it

>> No.9815355

>>9814932

Best case it just means higher fees.... Biztards jesus

>> No.9815381

>>9814608
except mining won’t be happening indefinitely

>> No.9815407
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9815407

Pool mine you twat, they pay the gas....then when lava wallet is released, it won't even be a thought

>> No.9815419

>>9815407

Someone bought in at $4.50

>> No.9815469
File: 88 KB, 519x331, 1129534C-F672-45E4-A58C-F2DB9E928D79.png [View same] [iqdb] [saucenao] [google]
9815469

>>9815419
>he didn’t buy bitcoin 2.0 below $10
J U S T

>> No.9815487

>>9815355
Best case means not being dominated by pools.

>> No.9815523

>>9815487

What the fuck does that even mean.

>> No.9815549

>>9815419
No,....I pool mined until but got ahold of it and mining went through the roof, I used to get 15 a day, now I'll be lucky to get 15 a month, and that entire time I never paid gas

>> No.9815674

Yep, the price will probably see an insane amount of increase in the coming months.

>> No.9815747

This whole threat is literally the representation of what dump money looks like.

>> No.9815788

>>9815747
this post made me retarded