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RE: Phoenix rises in 2020; all altcoins (including Bitcoin Core) will be 50+% attacked/destroyed

in #bitcoin • 5 years ago

What is Bitcoin core? vs just Bitcoin?

Do you think people need to be specified that we're not talking about a coin with less than 3% of a BTC in value BSV+BCH+BGD ect when talking about just Bitcoin?

5 years ago in #bitcoin by
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     5 years ago (edited)

    Do you think people need to be specified that we're not talking about a coin with less than 3% of a BTC in value BSV+BCH+BGD ect when talking about just Bitcoin?

    My blog posits that for all of them, they will each be worth-less than at most ~0.1% (and cumulatively for all of them, less than ~1%) of legacy Bitcoin by the end of 2020.

    No need to differentiate between any of the altcoins when all of them are going to be hopelessly insecure and worthless compared to legacy Bitcoin.

    Read also the blog Is Charlie Munger right about Cryptocurrencies?.

    What is Bitcoin core? vs just[legacy] Bitcoin?

    A lot of reading you need to do:

    […] with the imminent 7 million Bitcoin SegWit donations to miners (c.f. also) […]

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       5 years ago 

      Thanks for the awesome articles. Do you think that Paul Le Roux might be Satoshi or he might be the person who mined the first million bitcoins and that Craig Wright is in possession of his hard drive and he is trying to brute force the password for his encrypted hard disk? Thanks

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