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Version 2
Last scraped
Edited on 19/08/2025, 16:49:38 UTC
Let's see how to think about this. The price has always kept up to date with sufficient increases, so what should I think? That's right, it is going to be a problem soon time to panic!!  Roll Eyes Are you a teenager?
As much as people want Bitcoin price to keep rise drastically (in this case, at least twice every 4 years), "Past Performance Is No Guarantee of Future Results".
That statement completely missed my argument. With people like this there is no solution except wasting time on things that they believe are true. If there are indications of a problem, panic. If there are no indications of a problem, also panic. There are no pressing issues of any kind in Bitcoin, we should think about alien ultra quantum warp computers and asteroids disrupting the security budget by destroying the largest mining farms at the same time.  Roll Eyes

It is unfair to call it FUD, lol.  Leading voices like Nikita Zhavoronkov, the developer of Blockchair, are legitimately concerned and are calling for continued high fees or even protocol changes to maintain security, while Pierre Rochard minimises the problem by claiming that rising Bitcoin prices offset declining rewards.

Listen, dismissing Bitcoin security budget as FUD is lazy, its security budget is real.  We are in a cycle of halving subsidies, which means that 51% attacks become more affordable if fee markets do not change & miners hash power drops.
Of course it is FUD, because it is based on several false assumptions and fearmongering plus a mixture of scam ideas from altcoin land. Who the fuck is going to attack the safest asset in the world with the most hashrate ever in its history? With what and how? Who says that the security budget must infinitely grow? You are out of your damn mind.

Quote
Are you a teenager?
Are you?
Your brain is on the level of a teenager and so is everyone else's who believes in idiocy like this. You have contributed nothing and you want to divert resources to things that you believe are a problem. Next time don't major in fields like sociology.

High probability he IS wrong.
Statements like this with made up probability prove that you are an idiot.
Version 1
Scraped on 19/08/2025, 16:24:41 UTC
Let's see how to think about this. The price has always kept up to date with sufficient increases, so what should I think? That's right, it is going to be a problem soon time to panic!!  Roll Eyes Are you a teenager?
As much as people want Bitcoin price to keep rise drastically (in this case, at least twice every 4 years), "Past Performance Is No Guarantee of Future Results".
That statement completely missed my argument. With people like this there is no solution except wasting time on things that they believe are true. If there are indications of a problem, panic. If there are no indications of a problem, also panic. There are no pressing issues of any kind in Bitcoin, we should think about alien ultra quantum computers and asteroids disrupting the security budget by destroying the largest mining farms.  Roll Eyes

It is unfair to call it FUD, lol.  Leading voices like Nikita Zhavoronkov, the developer of Blockchair, are legitimately concerned and are calling for continued high fees or even protocol changes to maintain security, while Pierre Rochard minimises the problem by claiming that rising Bitcoin prices offset declining rewards.

Listen, dismissing Bitcoin security budget as FUD is lazy, its security budget is real.  We are in a cycle of halving subsidies, which means that 51% attacks become more affordable if fee markets do not change & miners hash power drops.
Of course it is FUD, because it is based on several false assumptions and fearmongering plus a mixture of scam ideas from altcoin land. Who the fuck is going to attack the safest asset in the world with the most hashrate ever in its history? Who says that the security budget must infinitely grow? You are out of your damn mind.

Quote
Are you a teenager?
Are you?
Your brain is on the level of a teenager and so is everyone else's who believes in idiocy like this. You have contributed nothing and you want to divert resources to things that you believe are a problem. Next time don't major in fields like sociology.

High probability he IS wrong.
Statements like this with made up probability prove that you are an idiot.
Original archived Re: "Bitcoin's Security Budget Issue" - Educational Website By BlockChair
Scraped on 19/08/2025, 16:20:10 UTC
Let's see how to think about this. The price has always kept up to date with sufficient increases, so what should I think? That's right, it is going to be a problem soon time to panic!!  Roll Eyes Are you a teenager?
As much as people want Bitcoin price to keep rise drastically (in this case, at least twice every 4 years), "Past Performance Is No Guarantee of Future Results".
That statement completely missed my argument. With people like this there is no solution except wasting time on things that they believe are true. If there are indications of a problem, panic. If there are no indications of a problem, also panic.

It is unfair to call it FUD, lol.  Leading voices like Nikita Zhavoronkov, the developer of Blockchair, are legitimately concerned and are calling for continued high fees or even protocol changes to maintain security, while Pierre Rochard minimises the problem by claiming that rising Bitcoin prices offset declining rewards.

Listen, dismissing Bitcoin security budget as FUD is lazy, its security budget is real.  We are in a cycle of halving subsidies, which means that 51% attacks become more affordable if fee markets do not change & miners hash power drops.
Of course it is FUD, because it is based on several false assumptions and fearmongering plus a mixture of scam ideas from altcoin land. Who the fuck is going to attack the safest asset in the world with the most hashrate ever in its history? Who says that the security budget must infinitely grow? You are out of your damn mind.