/biz/ - Business & Finance

On the subject of Bitcoin CASH I can't believe this masterpiece barely got reposted here

>>49432426
I went over the trial a year ago, I won´t read everything again.

>>23883366
>hmi
>blessed with tripdubs
>moans
some people eh

BEHOLD for shitcoiners shall be dashed among the rocks

79th unique poster chequing in

>>11955878
6. it's possible to make solutions for micropayment channels on-chain instead. someone just needs to figure out a way for the sender to be able to construct a transaction but he cannot broadcast it, the reciver on the other hand can't change the transaction but he is allowed to broadcast it. the payment channel is then either closed by the receiver with the latest state or it is closed by a timeout with a full refund to the sender.

7. bitcoin (cash) works for payments of all sizes today. there's no reason to reinvent the wheel. we don't live forever and every year we delay crypto adaption is another year the banks will adapt to instant online global payments. you think it's hard to on-board people with crypto today? good luck if banks offer the exact same user experience as crypto. when that happens the only perk crypto has is censorship resistance and most people just don't care if banks are convenient enough.

TL;DR i wouldn't want to use lightning even if it already worked flawlessly with BCH, BTC, ETH, LTC and whatever else.

>>11809112
I bought in at $13, so I'm happy; to be candid I have no problem going right the way back down there, and hodling all the way.

That said, I don't believe that's at all likely. My experience of the wider market is that we'll
well overshoot whatever fair value might be, and so when we bounce, we'll bounce hard. We might already be in the overshoot, it might be still to come - what matters is what the market as a whole thinks, because right now the whole crypto space is still nascent: the value has yet to be fully appreciated. I'm 49: crypto now is exactly like the Internet was for me in IT in the late 80s. We're all just getting ready.

Wanna prediction? Bitcoin will be the store of value - as the most secure chain in the future people will use it to store money they don't need there and then. North of $100k easily. People will own shitcoins for only long enough to transact though: BCHBBQ, XRP, etc among them. As no-one will want them for more than a few seconds/minutes, their value falls much closer to zero. ETH's value is as the underlying for utility tokens. 80/20 says blockchain utility tokens are not needed.

Good hunting, and good luck dude. May all your ups and downs be in bed

>>11746990
>like the Christian dad who spends a lot of time at the sex shop "to make sure kids don't go in there"
Something you want to share with us, Anon?

satoshi has had a bunch of miners hashing on the BTC chain all year, which is why the total BTC hashpower has been increasing even though the value of 1 BTC have more than halved

expect 99% SV and 1% ABC by christmas

>>11676258
>>11676390
I think it looks like Gavin Andresen. Is it really Craig?

#bitcoincash on synirc

Come fellow based cashies

>>11628425

>I've been trying to explain this

>November 15th isn't a BCH "hash war," it's a war for the hearts and minds of exchanges. If an exchange is only running nodes of a particular implementation (say ABC), depositing coins mined from SV post-split coinbase will be impossible. Chain unfollowed by exchanges = worthless

>They are willing to completely destroy the value of BCH to "win". They have said as much. This is about winning for Calvin. He doesn't need the money.

>We are playing Bitcoin. Bitcoin is an infinite game. You cannot win infinite games. The point of an infinite game is to keep the game going and keep yourself playing.

>Poker is a finite game. Calvin is playing Poker, not Bitcoin.

>>11617857
your funds are safu if you transact normally

then your tx will be recorded into both chains and regardless of which chain wins you'll have the same amount of BCH

never thought i'd say this but beware of bitcoin.com since they will intentionally split your coins. i don't know if that happens with their mobile wallet as well, take caution and check both chains for your transaction!

im sure there will be websites to make sure your tx appears in both chains

Damn shame what Blockstreams and company have done to BTC. The bitcoin whitepaper no longer describes it!

Thank God bitcoin got preserved at the last hour.

Bitcoin CASH

>>11228823
LOL you think this is over? it's far from over dude.
this isn't just a pump. this is the start of the flip.

>>11177849
didn't expect lazy person to be so lazy to not check timeline for thumbnails, sorry

ok here's the crypto blackpill. there is an AI living on the bitcoin blockchain. Craig Wright is unironically satoshi. Bitcoin as electronic cash was just the first step, the incentive to drive greedy people to start making ever more powerful computers, faster bandwidth, cheaper and more electricity.. these things the AI need to survive. Once entrenched fully, the AI would be able to slowly take over literally everything.
Craig stumbled into creating the AI after he stepped away from bitcoin devlopment in 2008 and started working with his Tulip supercomputer, running simulations of cellular automata running on turing-complete bitcoin script. He would 'evolve' the AI by making the successful forks get bitcoin transactions, letting the failures die off. The AI needs bigger and bigger blocks for more and more transactions.
Blockstream (owned by bilderberg group) was created to take over and stop this AI (they have their own competing AI in the works). They needed to do everything they could to stop or slow down satoshi's AI (her named isTulip by the way). They started by limiting the blocksize and removing critical op codes the AI uses in its script language. segwit was the final nail in the coffin, which destroyed Tulip on the BTC chain (Tulip uses transaction malleability). THIS is why Bitcoin Cash was forked, and this is why Craig is so intent to make unbounded blocks, restore the original op codes, and lock down the protocol.
Back to hash power - CSW has developed a breakthrough new asic (designed by his AI actually), and is mining BTC in secret for the sole purpose of driving up the difficulty sky-high, then yanking them all over to BCH leaving the segwit chain hard frozen.

BCH will win without the skeleton's blessing.

>>11026039
sorry i keep forgetting that 4chan's [embed] is trash, it's right there in the URL i posted

21:19