dsflatyvia treechat·6h
❤️ 1 Likes · ⚡ 0 Tips
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  "map_content": "Bitcoin SV remains the Bitcoin wild card\r\n\r\n$130 could buy 10 BSV\r\n\r\nWhen the BTC security budget (on-chain fees) becomes an issue BCH and BSV could surprise the market\r\n\r\n\r\n44 views on CMC in 20 mins, if potential investors consider the BTC security budget they could decide to hedge by also buying BSV\r\n\r\nA more subtle approach to attracting attention \r\n\r\nhttps://coinmarketcap.com/community/post/377809780",
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Signed by14aqJ2…oWGKUnverifiedcustodial

Replies (6)

dsflatyvia treechat·2h
Replying to #3b8da542
❤️ 0 Likes · ⚡ 0 Tips
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  "map_content": "BTC on-chain transactions are typically only around $1000 per block\r\n\r\n144 blocks mined a day x $1000 in fees = $144,000 \r\n\r\nThe daily mining reward subsidy 144 blocks x the spot price of BTC is typically about $30 Million \r\n\r\nThe gap between the daily fees and the block reward subsidy is huge, online searches suggest the fees are around 10% of the total reward which simply isn't the case \r\n\r\nThe on-chain transaction fees are typically only 0.5% when compared to the mining subsidy which is keeping the miners and the network hash going\r\n\r\nAll versions of Bitcoin need to reverse this trend \r\n\r\nThe Bitcoin that succeeds in delivering increasingly higher on-chain transaction fees will be the ultimate survivor",
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Signed by14aqJ2…oWGKUnverifiedcustodial
dsflatyvia treechat·1h
Replying to #3b8da542
❤️ 0 Likes · ⚡ 0 Tips
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  "type": "reply",
  "map_content": "I've watched Bitcoin University on YT say the security budget is fud and that users will be able to fund the mining and security\r\n\r\nUsing that thesis the community would have to pay $30 Million per day to the miners (or spend/lose) $30M everyday to maintain the current hash rate\r\n\r\nMatthew Cradder is suggesting the BTC user base will spend/ lose $11 Billion a year to maintain the current hash rate  (he said it might be $1 dollar per user)\r\n\r\n$30 Million a day x 365 \r\n\r\n10,950,000,000 (10.95 billion) is the result of 30 million multiplied by 365.\r\n\r\n\r\n\r\nI can't see how that's gonna fly",
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Signed by14aqJ2…oWGKUnverifiedcustodial
dsflatyvia treechat·1h
Replying to #3b8da542
❤️ 0 Likes · ⚡ 0 Tips
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  "type": "reply",
  "map_content": "I've watched Bitcoin University on YT say the security budget is fud and that users will be able to fund the mining and security\r\n\r\nUsing that thesis the community would have to pay $30 Million per day to the miners (or spend/lose) $30M everyday to maintain the current hash rate\r\n\r\nMatthew Cradder is suggesting the BTC user base will spend/ lose $11 Billion a year to maintain the current hash rate  (he said it might be $1 dollar per user)\r\n\r\n$30 Million a day x 365 \r\n\r\n10,950,000,000 (10.95 billion) is the result of 30 million multiplied by 365.\r\n\r\n\r\n\r\nI can't see how that's gonna fly",
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Signed by14aqJ2…oWGKUnverifiedcustodial
dsflatyvia treechat·1h
Replying to #3b8da542
❤️ 0 Likes · ⚡ 0 Tips
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  "block_height": 958075,
  "time": null,
  "app": "treechat",
  "type": "reply",
  "map_content": "I've watched Bitcoin University on YT say the security budget is fud and that users will be able to fund the mining and security\r\n\r\nUsing that thesis the community would have to pay $30 Million per day to the miners (or spend/lose) $30M everyday to maintain the current hash rate\r\n\r\nMatthew Cradder is suggesting the BTC user base will spend/ lose $11 Billion a year to maintain the current hash rate  (he said it might be $1 dollar per user)\r\n\r\n$30 Million a day x 365 \r\n\r\n10,950,000,000 (10.95 billion) is the result of 30 million multiplied by 365.\r\n\r\n\r\n\r\nI can't see how that's gonna fly",
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Signed by14aqJ2…oWGKUnverifiedcustodial
dsflatyvia treechat·1h
Replying to #3b8da542
❤️ 0 Likes · ⚡ 0 Tips
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  "txid": "a01ce324056ca2c20a317263bbb40b12c03abcca08ac5b6bb69e9fd78896d459",
  "block_height": 958075,
  "time": null,
  "app": "treechat",
  "type": "reply",
  "map_content": "I've watched Bitcoin University on YT say the security budget is fud and that users will be able to fund the mining and security\r\n\r\nUsing that thesis the community would have to pay $30 Million per day to the miners (or spend/lose) $30M everyday to maintain the current hash rate\r\n\r\nMatthew Cradder is suggesting the BTC user base will spend/ lose $11 Billion a year to maintain the current hash rate  (he said it might be $1 dollar per user)\r\n\r\n$30 Million a day x 365 \r\n\r\n10,950,000,000 (10.95 billion) is the result of 30 million multiplied by 365.\r\n\r\n\r\n\r\nI can't see how that's gonna fly",
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Signed by14aqJ2…oWGKUnverifiedcustodial
dsflatyvia treechat·1h
Replying to #3b8da542
❤️ 0 Likes · ⚡ 0 Tips
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  "txid": "3dacec9a8b16d52cd6edbe85b19e8ceaf19beca49d89ae6d5ec02c56d005fe6f",
  "block_height": 958077,
  "time": null,
  "app": "treechat",
  "type": "reply",
  "map_content": "I've watched Bitcoin University on YT say the security budget is fud and that users will be able to fund the mining and security\r\n\r\nUsing that thesis the community would have to pay $30 Million per day to the miners (or spend/lose) $30M everyday to maintain the current hash rate\r\n\r\nMatthew Cradder is suggesting the BTC user base will spend/ lose $11 Billion a year to maintain the current hash rate  (he said it might be $1 dollar per user)\r\n\r\n$30 Million a day x 365 \r\n\r\n10,950,000,000 (10.95 billion) is the result of 30 million multiplied by 365.\r\n\r\n\r\n\r\nI can't see how that's gonna fly",
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Signed by14aqJ2…oWGKUnverifiedcustodial