satoshi jr on Nostr: I think you're getting causality backwards. If they buy bitcoin the value they put in ...
I think you're getting causality backwards. If they buy bitcoin the value they put in would already go to current sellers or miners. Them forking doesn't let them Set the price of the new bitcoin. Theys still have to convince buyers to buy it. Also them selling all their bitcoin doent make mining unprofitable.
Published at
2024-01-09 16:59:28Event JSON
{
"id": "efb486417c3ea172ffeece3c191441eaa5a15679b2338e3530e21029727b7a94",
"pubkey": "49e54666a7e1a97af9fe7e8ab0533f1ab83cd37f55bdd4a888e2da87777a78e7",
"created_at": 1704819568,
"kind": 1,
"tags": [
[
"e",
"8293074b006566423ea95bd6327de6e15d3c5c583c1bd510472d0d489e5e6b09",
"",
"root"
],
[
"e",
"21934b6dd077a98f37c5469495526d18afd612908bb357f325b09603f1c6203a"
],
[
"e",
"a143bcc40fd6083ca334651e9fc79081e7c9870a57ecc8f6a6d84040bd91c8d3",
"",
"reply"
],
[
"p",
"c027a5c368d76620072b15ba36b8502a5477fc4f316163e7ff7c95046df9f109"
],
[
"p",
"49e54666a7e1a97af9fe7e8ab0533f1ab83cd37f55bdd4a888e2da87777a78e7"
]
],
"content": "I think you're getting causality backwards. If they buy bitcoin the value they put in would already go to current sellers or miners. Them forking doesn't let them Set the price of the new bitcoin. Theys still have to convince buyers to buy it. Also them selling all their bitcoin doent make mining unprofitable. ",
"sig": "6f9a4a7ec49ba733ba1b4b741ac6847d736e1b7e5e0f6ddf9b07c1d1855d8ff4ba4a537681cfad396397450031d7cb562a5f218f82510c12bda7fd8561437877"
}