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Showing posts with the label chain death spiral

Bitcoin Domain Names For Sale - Crypto Domain Names

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For sale now ChainDeathSpiral.com. No Reserve.

Bitcoin and Cryptocurrency domain name for sale. ChainDeathSpiral.com keyword "chain death spiral" means the end of Bitcoin or other cryptocurrencies. This domain would make for a great website about dead crypto coins and tokens. The death spiral occurs when a chain can no longer complete blocks before the difficulty rate adjusts. Also, the domain could relate to a department store chain dying because of disruption from Amazon.
View the auction eBay page: https://www.ebay.com/itm/192767455803

The domain name ChainDeathSpiral.com is valued by Godaddy at $381 currently.----------------------------------------------------------------------------------------------------------
For sale now is the premium domain name BTCUSD.co as it relates to Bitcoin (BTC). Godaddy appraises this domain at $1,193.00 today.This domain receives type in traffic.The bidding is starting at $1.00 so please bid today. View the auction eBay page: https://www.e…

The Bitcoin Chain Death Cycle In 2018

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Cryptocurrencies have struggled to gain their footing in 2018 following a barrage of regulatory concerns, hacks, and high-profile scams. While many headlines suggest that this is the beginning of the end for cryptos, the tremendous amount of institutional wealth flowing into the space suggests otherwise. It may get much worse though, before it gets better.

Still, it is important for any investor to recognize the hurdles ahead.

Many cryptocurrencies, including King Bitcoin, still face blockchain destroying vulnerabilities. While the recent additions of the Lightning Network and SegWit removed some of the most daunting concerns of a potential ‘Chain Death,’ the threat still exists, and it’s more than just Bitcoin at risk.

Bitcoin vs. Bitcoin Cash

Last year’s Chain Death Spiral fears stemmed from the battle between Bitcoin and the Bitcoin Cash hard fork / airdrop. Following the August fork, miners migrated between the two coins, testing the profitability of each. As miners switched betw…

Twitter Poll - Bitcoin Chain Death Spiral

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I'm conducting a Twitter poll right now regarding the Legacy Bitcoin odds of a chain spiral of death. Please complete the Twitter poll. It's free. Thank you!

https://twitter.com/jaredsc/status/933066005588381697

"I'm thinking about getting back into $BTC. What are the odds of a chain spiral of death?"

— Jared Schlar (@jaredsc) November 21, 2017

The results are in and out of 728 votes, 29% of people said there was no likelihood of a chain spiral of death. Versus 71% said there is some odds of a chain spiral of death. View the image for exact details.

Chain Death Spiral

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As I have touched on in a previous post there are several known risks with Bitcoin Legacy aka Bitcoin Core right now. You can read my previous post here - https://jaredschlar.blogspot.com/2017/11/now-that-bitcoin-segwit2x-fork-passed.html

Bitcoin Legacy has some problems:

Bitcoin Legacy - Chain Death Spiral. If you want to read more about this potential problem from an expert visit - https://bitcoinandtheblockchain.blogspot.com/2017/08/chain-death-spiral-fatal-bitcoin.html

Bitcoin Legacy - Severe network congestion. There are about 58MB in the pool right now for Bitcoin Legacy vs Bitcoin Cash which is .1MB.

Bitcoin Legacy - Civil War with BCH and other contentious groups. There may be another fork coming in January. We shall see.

This brings up a good point which is unless you are 100% confident in holding one coin, it’s best to diversify into multiple coins.