Post
Topic
Board Bitcoin Discussion
Re: Halving = Less Miners = Slower Transactions
by
Bitcoinstalker.com
on 09/07/2016, 16:41:58 UTC
Bottom line is halving is not going to be good news, just watch how the transactions slow down folks
Slow transactions = scares people away
So stupid - it hurts.  Before halving, we have 6MB of transactions every hour.  After halving, we have 6 MB of transactions every hour.  

Where is the slowing?

Could you be more stupid?
ELY5:
The transactions are only confirmed when a block is solved.
At current difficulty, with two miners, the transactions will never get confirmed.
Because a block will never be solved.
Because, with just two miners hashing, it would take many years to solve a block.
You ignorant cunt Smiley
"at current difficulty" - no.  nobody said that.  Difficulty is dynamic.  It goes down too.


You are confused totally.  Such a moron.  
When miners go offline, hashrate goes down, blocks will take longer to solve, and transactions take longer to confirm. This will be compensated for at the next difficulty adjustment, which will happen after 2016 blocks are solved. https://en.bitcoin.it/wiki/Difficulty
You're angry, my special friend. People are dumping hard & you're gonna get margin called.
I get it, I'd be shitting myself too if I went long.
Cheer up, your money isn't lost. It merely moved to smarter hands. Bitch Smiley