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Karl 2y ago

Warning.... insanely bullish prediction ahead:

Call me crazy guys but I don't think this cycle is already done. There will be a huge blow off top before next halving. I have no idea what the catalyst will be, but it will happen.

Arguments pro:

1. There was always a blow off top we are still missing

2. Bitcoin never touched an old cycle top after a cycle peaked out. And we did touch it last year so this is not the end.

3. Hashrate exploding beyond sanity(precursor to further pumpage)

4. I'm a permabull so gfy

Arguments against:

1.'This time its different', Bitcoin will break structure and go down to Goblin town.

If this comes true and Bitcoin is already pumping so close to the halving the next 3 years could become a insanely crazy ride.

I'm not prepared for a 7 digit Bitcoin.

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Discussion

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Beiner 2y ago

It's coming. I know exactly what you are saying.. its no different this time.. code hasn't changed lol..

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$elfish gene 2y ago

Hi. why does bitcoin have a vulnerability in time? why is the algorithm not perfect?

why the number of nons that miners are looking for is limited in size? these parameters can expose bitcoin to a huge fork. what i mean. a small miner can mine bitcoin for example have 1-10% of the network from 4-40 exasheh of the entire network.

and when a block is found, not to send it to the network, and hold the solution of a new block for a while, and the new solved hash should be used to find a new block. for example, to find a block and leave the ready answer for 10 seconds and start looking for a new block, say, mine for the future. and after finding the first one to send then the second, with a difference of 9 seconds. and it does not contradict the rules. but you can go longer and divide miners to search each non separately. that is, 1 miner looking for this number in the range from 0-1000 second from 1001-2000 third 2001-3000 and so on it's a matter of luck)

Of course the solution is to shift the time in the algorithm. it will remove this glitch or bug, or whatever it is called ...