Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
What you were saying is relevant to everyone. You don't have to be a miner because if mining death spiral were to happen, we would all be screwed.
One thing to make many of us MOAR happier, is that we have already seen how incentives play out.
It's called the difficulty adjustment.
Have you heard of it?
Even though I am a novice, yeah I heard that. But, I don't know how it works. I am not in a rush to learn these things overnight. But, I won't mind if you take your time with a rusty pipe. One thing to make many of us MOAR happier, is that we have already seen how incentives play out.
It's called the difficulty adjustment.
Have you heard of it?
but since he laughed at my post, I get the sense that he understands difficulty adjustment as it relates to the mining death spiral.. even though sure he might agree with you on some of the levels of what you are saying...
Why pick on phil? This is not about phil.
Well, I admit that arguing with JJG is not an easy job being somewhat newbie in WO. So, trying to pick Phil on my side for some kind of support Why pick on phil? This is not about phil.
I hope you don't mind. I believe he has greater knowledge about difficulty adjustment or whatever you say about mining things which I don't have. So, I won't be able to answer you back if you start writing these things. Now it's obvious why I pick Phil.