/biz/ - Business & Finance

>>12014574
> altcoin
I'd say "imagine being this fucking stupid" but you're a coretard.. of course you're this fucking stupid.

>>11921087
get out.

>>11845978

>>11707809
Ignore this faggot^

Basically, Bitcoin split last year over issues regarding scaling. The Bitcoin network was getting bogged down with too many transactions due to it's growing popularity, causing transaction processing to slow to a crawl.

BTC looked to "solve" this issue by creating an off chain transaction layer called lightning network. Basically, BTC would act as a final settlement layer, while banks would use lightning to process day to day transactions.

BCH split to avoid this because having off chain twnsactions defeats the entire point of blockchain tech. It is supposed to be sound money, peer to peer, cash, as dileanated in the white paper.

So the most recent split between BCHABC and BCHSV was caused because Jihan and Roger in the ABC camp want to add faggoty shit to BCH in the form of smart contract functionality, and off chain shit like wormhole coin and other bullshit.

Craig Wright and Calvin Ayre on the other hand, want Bitcoin SV to be the pure implementation of Bitcoin as delineated in the original Bitcoin white paper. It will solve the scaling issue by adopting progressively larger blocks, which really was the original justification behind the BCH fork in the first place, and the original Bitcoin vision.

tl;Dr scamming faggots like Core (BTC) and Jihan (BCHABC) and heck, even Charlie Lee (LTC) have bastardized the Bitcoin vision. Craig is mad as hell and is going to give us real Bitcoin and destroy the opposition.

>>11698847
You sound so butthurt. Listen, Bitcoin has value because it is sound, peer to peer, CASH. If it is none of those things, it is literally worthless. The problem with Bitcoin, is it's been sabotaged multiple times by outside actors who fear it's revolutionary technology. Actors, such as Blockstream, and now Jihan and Roger, are trying to redefine what Bitcoin is. It's not fucking hard to understand, dude. Bitcoin doesn't give a fuck about faggots like you, who have literally no understanding of Bitcoin, and it's underlying value proposition. So while you're blubbering like a moron about your failure to achieve this rudimentary understanding, the market will leave you far behind. Now fuck off.

>>11682713

>>11675537
Longest VALID chain with the most hashpower, you blathering shitcock. BTC is invalidated as soon as you read the fucking title of the bitcoin whitepaper.

>>11667041
get fucked brainlet

>>9694515
Your ignorance of the nature of a thing does not change the nature of what that thing is. It just highlights your ignorance of the nature of that thing.

>>9136292
> being the first
DURRR WHATS A GENESIS BLOCK MOMMIE THE BAD MAN IS MAKING MUH BRAIN HURT HURRRR DURRR
> For some reason us BTC holders got free bcash.
No idea how blockchains actually work. You probably think those new fangled horseless carts are all the rage nowadays eh fuckin gramps?

>>9132608
The only difference between what he's actually doing and what you claim he's doing is that you insinuate he doesn't actually believe it's the real bitcoin. This implies you can read his mind, that's nice and all, but 1) I doubt it, and 2) it doesn't actually matter if it genuinely is the more legitimate bitcoin.
BTC is absolutely kiked beyond saving, no doubt about it.
I see no reason to believe BCH is at this point in time, I'm open to suggestion on why I should. It is literally nothing more than the original plan being executed on exactly as it was laid out from the beginning. Why should this be viewed as "kiked" ?

>>9125161
> No one can show me where it says anything about bitcoin being FAST
"A block header with no transactions would be about 80 bytes. If we suppose blocks are generated every 10 minutes"
> or INEXPENSIVE
The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions
You're really quite stupid, you know that, yes?

>>9124010
It's this, although shills would like you to forget it.

>>9106668
> what's BCH without Roger?
Bitch, it's Bitcoin. The properties and attributes of things actually matter, and when they are sabotaged and hijacked into something useless and shitty, there will be a backlash, that's what's happening, and people are waking up.

>>9098502
Whether it was premeditated or not, they saved Bitcoin from blockstream, if that is their price for doing it, then so be it. Without that action, we'd all be stuck with blockstream's flaming bag of shit right now.

>>9088317
So use Cash to kill Core, it can't be done the other way around, but it's trivial to do that way, price goes in the opposite direction from now and that's it, Core is done, game over. Hash power follows price and will abandon the chain, it will be stuck forever in a DAA, fork resolved, fate well deserved, and the resulting cautionary tale will ensure nobody will ever waste billions pulling the same bullshit ever again

>>9085049
I am indeed a programmer, and I use the tool that best fits the job, meaning I don't code web applications in C and I don't code drivers in javascript, and generally I prefer go, haskell, and rust these days anyway, so go fuck yourself.
Despite being stuck in the first year language elitist stage of coding, you reek of the kind of fuckwit that would buy a hammer and call it a toolbox. Unironically gas yourself cock juggling thundercunt.

>>9077527
>"Merchant tabs" sounds like a peer-to-peer mesh network? I don't see it. Lightning also includes LTC atomic swaps, which is what the audience guy was suggesting, no?
No, the video you said was inaccurate pretty much lays out exactly what lightning actually is, centralising forces included. I get that you don't want to hear that and you will ignore it because you make judgements based on politics rather than facts, but it's a fact. Sorry.
> Tell that to BTCP holders lmao.
Cause a 1B market cap coin with a toy proof of work algorithm and an extremely short history that was the result of a merger rather than a fork is exactly the same as a 20B+ coin with the widest deployed proof of work algorithm in existence that stretches all the way back to the genesis block and technically matches the implementation of Bitcoin described in the white paper. Ok, see, this is what I mean? You really have no idea about the technical facts of the issue. If you're a poor fag you should go do something where politics matter, run some taxi medallions or something, I don't know, kiss babies, plan bombing brown people for oil campaign contributions, whatever slimy scumbag politicians do to finance their hides these days, if you're a rich fag you should hire a fucking technical consultant who can correct your grievous misgivings about the field in which you find yourself active, because they *will* fucking destroy you, no exaggeration whatsoever. I have rarely seen your mix of confidence and ignorance.
> Jihan, on the other hand, can force Cash to do whatever instructions he gets from the party. The antbleed vulnerability has already shown what he is capable of.
Which would result in China no longer having Bitcoin to wield as a weapon against US monetary policy, and would result in a hard fork away from their control at any rate, so they would surrender much for zero gain, which means it will not happen. It is not an accident that Jihan knows both economics and psychology.

>>9006289
You can't kill the honey badger! Decentralized money is unstopptable and BCH proves it.

BTC is not bitcoin. BCH is.

>>7993930
no arguments once again

corecucks, please disprove this

>>7758476
please argue against this corecuck