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Message Subject Bitcoin Plunges 25% in 24 Hours in a Cryptocurrency Market Rout
Poster Handle Achduke7
Post Content
I'm looking forward to when the bitcoin network itself deadlocks from transaction overload. How many of y'all have ever seen a packet storm?

then the real panic starts, no redemptions, no way to sell, no telling when it comes back online, if ever.
 Quoting: Anonymous Coward 76020319


It guess worse. As miners shut down because the price of electricity is not worth the return the blocks per hour fall. It take something like 2000 blocks before the difficulty is recalculated to make it easier to mine. If the bitcoin miner network stalls transactions will not be processed in a timely manner.
 
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