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Huh, I would've thought that since people will pay over 300 usd for one Bitcoin Cash coin (according to 3 web sites I just sampled), there would always be plent
by hollerith 7y ago
Huh, I would've thought that since people will pay over 300 usd for one Bitcoin Cash coin (according to 3 web sites I just sampled), there would always be plenty of miners competing for them.
- wmf 7y agoBCH is and will be mined proportionately to its price; since its price is far lower than BTC it also has far lower security.
- hollerith 7y agoOK, but I would've guessed that the reward for hijacking BCH's blockchain would be proportionally lower. And please keep in mind the context of my first comment: I was replying to the assertion that the mere fact that Coinbase continues to let its customers trade in BCH is evidence that Coinbase is run by idiots.
- TylerE 7y agoThe thing with those silly altcoints is that there really isn't much market liquidity. Even if you were able to steal a large number of them, any attempt to convert them into something useful (i.e. dollars) with crash the price.
- wmf 7y agoYeah, it's cheap to attack BCH but there's little benefit to doing so. Whether that makes BCH safe to trade or a reckless shitcoin is a matter of opinion.