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RE: WARNING Do you want to transfer Bitcoin? DO IT NOW! Another slowdown incoming

in #bitcoin7 years ago

how backed up? this is an interesting theory.. would you transfer into ltc, monero, dash, ripple, lumen?
the amount of bitcoin traffic right now is unprecedented. So you could possibly be onto something. how soon would you expect to see the effect? immediately? today?

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Within 7 days we will see an increase in LTC and Bitcoin Cash traffic.
This will probably trigger a price increase.
Pay attention whey you refer to Bitcoin network transaction number: a lot of them are spam!

would this possibly give any credibility to a irreversible "Flippening" from BTC to bitcoin cash or lite coin? /or will the difficulties just switch back-and-forth as BCC difficulty adjusts more often than BTC, causing variable fluctuations as miners switch to the more profitable coin to mine?

I don't know. But we have to coinsider that, unless there is a lot of new mining power flowing into BTC, at least 13-14 days will pass before another retarget.
14 days are really a long time. A lot of things can happen. Flippening too. But, at the moment, Litecoin is more used than Bitcoin Cash, so maybe we'll have to keep an eye on LTC. Surely Bitcoin Cash taking a lot of miners can worse the situation and slowing the next bitcoin retarget