Damus
Chazstr · 6w
You're assuming a static price. Why would bip110 coins even be as high as 10 to 1. If theyre dumping at the price they'll mine it'll be even more selling pressure. And if they want a failing coin the...
crany ๐Ÿ‘ฝ๐Ÿงก๐Ÿ—ฟ profile picture
I don't see a static price assumption, just some market price for miners to get coins. The key question for me is whether there's a market for exchange of a 110 coin to other cryptocurrencies including stablecoins
Chazstr · 6w
That math only works if the ratio of the mined coins is the same after as when then were mined. A lot of btc mining only really makes sense with cheap energy or assuming the price goes up, meaning people hold to sell higher. That wont happen with a high and increasing ratio of a chain split, and no ...