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18349674 No.18349674 [Reply] [Original]

Halving pump incoming.

>> No.18349677

>>18349674
you mean dump

>> No.18349678

>>18349674
gay

>> No.18349683

Let's all rejoice and see what'll happen.
Amen.

>> No.18349723

>>18349674
why do you think it will pump, serious answer.
seems like miners will just go to BTC right?

>> No.18349733

>>18349723
no, its more profitable to mine BCH.
https://cash.coin.dance/blocks
if the reward drops in half. for one block it will be less profitable then it will fix itself and be more profitable again.

>> No.18349761

>>18349733
>it will be less profitable then it will fix itself and be more profitable again
what?

>> No.18349782

>>18349761
if 10 miners mine with identical rigs, each gets 1/10 of the mining rewards
now that rewards are cut in half, they're essentially all getting 1/20
if 5 miners leave, then the remaining ones will get back to receiving 1/10

>> No.18349790

was all in on leverage but sold thanks to op

>>18349733

>> No.18349809

>>18349782
so whats the price correlation

>> No.18349818

>>18349761
BCH has a difficultiy adjustment EVERY block instead of every 2016 blocks like BTC.

>> No.18349824

>>18349674
In reality it will be a nothingburger and a halving crab

>> No.18349825

>>18349782
if 5 miners leave the hashrate is at zero

>> No.18349852

>>18349809
hashrate is not the cause of the asset price, it's the other way around
if BCH price goes up, there's more hashrate

I hate when people panic over hashrate, POW is the oldest mechanism in crypto, it's not gonna go into a death spiral, it's just gonna stutter a little until the hashrate adjusts to the asset value

What btards should worry about is that they might follow in LTCs footsteps (and what BTCtards will worry about in a month), as this rise was all halving hype

>> No.18349861

>>18349674
it's going to dump

>> No.18349868

>>18349852
it doesn't really matter if the pump is hype or not.
the facts are that in a few hours, BCH will have half the inflation of BTC for a complete month. it's a fair bet it will rise, atleast for a few weeks until BTC halves.

Same for XMR.

BCH and XMR are cones you want to be in for atleast another month.

>> No.18349901

>>18349868
>the facts are that in a few hours
?
but it already halved didn't it?

>> No.18349911

>>18349901
no.. it halves in ~3 hours https://bitcoincashblockhalf.com/

>> No.18349942

>>18349868
xmr halvening when?
i jumped into some leverage positions this morning, lets rise and shine

>> No.18349946

>>18349911
huh, 'coin salad' said it already did, must be outdated then

regardless, I disagree with your price prediction, a mere month of "lower inflation" seems irrelevant, but we'll have to see

>> No.18349970

>>18349942
XMR doesn't technically halve.

>>18349946

it will pump not because of the lower inflation directly. it will pump because now with half the amount of inflation of Bitcoin core. big players can make the price go up easier/faster. and there are a few billionaires and millionaires that would like to see BCH succeed. so the next month is a good time to get as much price increase as possible.

>> No.18351322

>>18349674
Bitcoin crash.