The more I read and understand how bitcoin works on the inside, the more I realize this motherfucker is right about everything.

File: 31 KB, 230x300, girllookatthatbody.jpg [View same] [iqdb] [saucenao] [google]

Anonymous Mon, Jul 30, 2018 18:31:56 No.10488490 [Reply] [Original]

The more I read and understand how bitcoin works on the inside, the more I realize this motherfucker is right about everything.

>>	Anonymous Mon, Jul 30, 2018 18:33:12 No.10488502 >>10488490 Then you still don't understand anything, OP. Keep on researching.

>>	Anonymous Mon, Jul 30, 2018 18:34:08 No.10488518 >>10488490 Of course he's right. He was the first person with money to believe in Bitcoin. The mass amount of people who shit on him only learned about Bitcoin in 2017.

>>	Anonymous Mon, Jul 30, 2018 18:34:55 No.10488531 >>10488502 Enlighten us.

>>	Anonymous Mon, Jul 30, 2018 18:35:48 No.10488539 >>10488502 i mean hes been giving the same message since 2011...

>>	Anonymous Mon, Jul 30, 2018 18:46:23 No.10488660 >>10488490 The more you read propaganda, the more brainlet you become OP. BCASH BCASH BASH, IS A SCAM FORK FOR ROGER TO ACCUMULATE MORE BITCOINS. But you deluded cashies won't ever come to terms with it until it is too late. SAD.

>>	Anonymous Mon, Jul 30, 2018 18:46:42 No.10488667 File: 9 KB, 420x420, 1527997135510.png [View same] [iqdb] [saucenao] [google] >>10488518 >first person with money >implying having money makes you credible this guy probably bought $1000 worth of BTC when it was only a few cents.

>>	Anonymous Mon, Jul 30, 2018 18:49:41 No.10488693 >>10488667 >when noobs think their opinions matter lol, doesn't even know who op's pic is

>>	Anonymous Mon, Jul 30, 2018 18:49:53 No.10488696 >>10488660 The ORIGINAL whitepaper is not propaganda. I do love how Bcore tried to change it and make it seem like it was the original, though.

>>	Anonymous Mon, Jul 30, 2018 18:51:21 No.10488709 >>10488660 >believing this bcore propaganda Kek

>>	Anonymous Mon, Jul 30, 2018 18:51:38 No.10488710 His Youtube channel is actually really comfy desu. I've learned a lot from his videos. He basically just travels the world spreading adoption of crypto. Seems like a nice life. https://www.youtube.com/watch?v=8ned3XBxwl8

>>	Anonymous Mon, Jul 30, 2018 18:52:32 No.10488723 File: 329 KB, 1000x1000, image(9).jpg [View same] [iqdb] [saucenao] [google] >>10488693 >thinks i'm some ignorant noob >thinks I'm impressed by this guy's lucky gamble

>>	Anonymous Mon, Jul 30, 2018 18:52:35 No.10488724 >>10488696 bigger blocks doesn't solve shit though. Bcash wouldn't be an usable currency either.

>>	Anonymous Mon, Jul 30, 2018 18:52:50 No.10488729 >>10488490 Babies are literally dying

>>	Anonymous Mon, Jul 30, 2018 18:54:59 No.10488747 >>10488724 >bigger blocks doesn't solve shit though. Imagine being this gaslit

>>	Anonymous Mon, Jul 30, 2018 18:55:54 No.10488754 I've also found a really cool website to read up on the history of Bitcoin/Crypto in general. Check it out: ohmysatoshi.com

>>	Anonymous Mon, Jul 30, 2018 18:58:14 No.10488773 why do we need bigger blocks?

>>	Anonymous Mon, Jul 30, 2018 18:58:19 No.10488775 >>10488723 Gamble? Maybe you could call it that, but Roger is a very outspoken ancap, as am I, this was the perfect thing for us, ie a non government money with a fixed supply. I would call it applying principles to investing.

>>	Anonymous Mon, Jul 30, 2018 18:59:41 No.10488785 >>10488773 Because a mempool with 250k+ txs and 40$ fees during peak usage can never be used by merchants

Anonymous Mon, Jul 30, 2018 18:59:51 No.10488788

>>10488724
>bigger blocks doesn't solve shit
Except provide many orders of magnitude of scaling you literal retard.
Bitcoin Cash is usable with zero conf today, just like the original Bitcoin was before Blockstream decided to fuck with it. But as a newfag you won't remember instant payments with Bitpay back in 2012 or so.

>>	Anonymous Mon, Jul 30, 2018 18:59:58 No.10488791 >>10488773 to enable more people to use bitcoin. Or more accurately, to enable more people to use bitcoin without ever rising fees, and perhaps more deadly, ever more unpredictable and slowed confirmation times.

>>	Anonymous Mon, Jul 30, 2018 19:00:58 No.10488804 File: 53 KB, 721x714, jihan-wu.jpg [View same] [iqdb] [saucenao] [google] >>10488490 How do you know he fucks his mother?

>>	Anonymous Mon, Jul 30, 2018 19:01:02 No.10488810 >>10488490 BCASH is shit

>>	Anonymous Mon, Jul 30, 2018 19:02:19 No.10488825 >>10488710 >5 seconds in >already shilling bcash lmao

>>	Anonymous Mon, Jul 30, 2018 19:02:38 No.10488828 File: 49 KB, 640x426, 1532896359381.jpg [View same] [iqdb] [saucenao] [google] >>10488788 >Bcash today is where Bitcoin was in 2012 I'm not sure you've quite understood what shilling is about, bro

>>	Anonymous Mon, Jul 30, 2018 19:03:31 No.10488839 >>10488729 They are and it's sad. We have enough resources to feed and house everyone now. Why is it ok not to?

>>	Anonymous Mon, Jul 30, 2018 19:07:15 No.10488875 >>10488828 Bitcoin worked perfectly in 2012. Instant payments, no stuck transactions. Blockstream came along and fucked it up. What's so hard to understand, retard?

>>	Anonymous Mon, Jul 30, 2018 19:08:22 No.10488893 >>10488875 Why Roger and Jihan had five years lead time to get bch ready and STILL managed to fuck it up

Anonymous Mon, Jul 30, 2018 19:12:20 No.10488937

>>10488893
>muh chinese miner conpsiracy
It's like you don't understand the economics of Proof of Work. But then you're a Blockstream supporter, knowing what you are talking about isn't required.
>Bitcoin Cash is fucked up
Literally the single coin with most on the ground momentum. Second or third most development and research activity after Ethereum and maybe Monero. More and more real-world use every day. Core "arguments" and slander falling left and right.

You made your bed. You will be forced to lie in it.

>>	Anonymous Mon, Jul 30, 2018 19:14:19 No.10488962 >>10488490 In about 3 days you'll again re-realize that he's not. But atleast you don't think BTC is either now. Roger Ver is an absolute lieing cunt

>>	Anonymous Mon, Jul 30, 2018 19:17:44 No.10488999 >>10488962 What will happen in 3 days, great one? >Roger Ver is an absolute lieing cunt >lieing

>>	Anonymous Mon, Jul 30, 2018 19:26:10 No.10489100 File: 42 KB, 497x858, dropping-is-bad.png [View same] [iqdb] [saucenao] [google] >>10488937 I took a picture of your "on the ground momentum", my friend. It appears Bcash momentum is more certainly towards the ground

>>	Anonymous Mon, Jul 30, 2018 19:27:16 No.10489109 >>10488775 kill yourself

>>	Anonymous Mon, Jul 30, 2018 19:29:49 No.10489148 >>10489100 >0.08 difference over two months Graphs sure do funny things when you play with the axis's, don't they?

>>	Anonymous Mon, Jul 30, 2018 19:31:23 No.10489170 >>10488490 BCH doesn't have the most PoW behind it BTC isn't a chain of digital signatures There are no bitcoins left, just pain

>>	Anonymous Mon, Jul 30, 2018 19:32:55 No.10489195 >>10488785 what is lightning network? what is stellar lumens?

>>	Anonymous Mon, Jul 30, 2018 19:34:26 No.10489213 >>10489195 >what is lightning network? A bad joke once you get into the internals of it. >what is stellar lumens we will see :^)

>>	Anonymous Mon, Jul 30, 2018 19:34:43 No.10489216 >>10489148 >0.08 difference over two months >when the coin is worth .1

>>	Anonymous Mon, Jul 30, 2018 19:35:27 No.10489225 >>10489170 >There are no bitcoins left, just pain This is true. There is only Bitcoin Cash and SegwitCoin.

>>	Anonymous Mon, Jul 30, 2018 19:41:28 No.10489324 File: 78 KB, 614x768, onecoinman.jpg [View same] [iqdb] [saucenao] [google] >>10488490 Bitcoin Cash will win.

>>	Anonymous Mon, Jul 30, 2018 19:59:35 No.10489586 Any coin /biz/ hates is a good investment desu

>>	Anonymous Mon, Jul 30, 2018 19:59:58 No.10489591 File: 25 KB, 866x403, DjRbEubX4AAjxOi.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon, Jul 30, 2018 20:01:01 No.10489603 File: 27 KB, 645x729, 1531298850304.png [View same] [iqdb] [saucenao] [google] >>10489586 >hurr durr do the opposite of biz

>>	Anonymous Mon, Jul 30, 2018 20:38:59 No.10490040 File: 27 KB, 504x415, reece.jpg [View same] [iqdb] [saucenao] [google] >>10489603 >hurr durr buy link

>>	Anonymous Mon, Jul 30, 2018 20:40:03 No.10490048 >>10488490 of course he is, based roger will save the goys from the kikes who killed bitcoin

>>	Anonymous Mon, Jul 30, 2018 20:43:55 No.10490081 >>10488490 >the more I realize this motherfucker is right about everything. famous last words: https://www.youtube.com/watch?v=UP1YsMlrfF0

Anonymous Mon, Jul 30, 2018 20:51:31 No.10490138

BTC reason to keep 2mb block:
>big blocks would centralize nodes and the network won't be able to run more than 7 tx/s, let's build a new layer.
BCH:
>can handle up to 200 tx/s (and more in the future) without a second layer and without centralizing shit.
BTC developers honestly want you to believe that in 10 years we will have same hardware and bandwidth limitations that we had 10 years ago.
Thanks you biz for converting me to BCH.

>>	Anonymous Mon, Jul 30, 2018 21:37:36 No.10490598 >>10489591 Based

>>	reluctant kneepad girl Mon, Jul 30, 2018 21:47:17 No.10490687 TELL ME MORE PAJEET

Anonymous Mon, Jul 30, 2018 21:47:41 No.10490692

>>10490138
I can't even imagine the decision making behind thinking 1MB blocks are good.
Literally a fucking mp3 song you download off youtube/itunes is 4x the size.

Can you even imagine that shit?
Some random garbage twerk song that a thot downloaded off youtube in garbage quality that shes gonna play when she hangs out with chad is FOUR TIMES BIGGER THAN THE BITCOIN BLOCKSIZE WHICH CONTAINS HUNDREDS OF BILLIONS OF DOLLARS IN VALUE.

Doesn't make any sense desu.

But you know the real reason it was kept at 1MB right? To gimp bitcoin. To keep it from reaching its true potential. Moving around coins is just the start. Imagine what we can do when the blocksize is 1GB... or even fucking 1TB. Skys the limit. All other coins are shitcoins pretending they can use fancy coding to gets lots of transactions without doing the simple thing and increasing the blocksize.

With a large enough blocksize the types of things the blockchain can do for society become mind numbing.

Anonymous Mon, Jul 30, 2018 22:20:04 No.10491034
File: 1.09 MB, 3840x2160, B C H.jpg [View same] [iqdb] [saucenao] [google]

>>10490692
This single jpg is larger than 1 MB. Imagine thinking you need 10 minutes to download it... That's pretty dumb.

But now imagine a miner needing 10 minutes to download it, someone that have invested many thousands of USD on hardware and facilities. That's just full blown retard level beliefs right there.

>>	Anonymous Mon, Jul 30, 2018 22:22:54 No.10491068 >>10490692 >Imagine what we can do when the blocksize is 1GB... or even fucking 1TB Yeah, imagine how many hard drives you could fill with those 1TB blocks, amazing, wow. Lol.

Anonymous Mon, Jul 30, 2018 22:30:29 No.10491146
File: 1.55 MB, 1296x700, fresh beauty vs discarded hag.png [View same] [iqdb] [saucenao] [google]

>>10491068
even with a transfer fee of just 0.01 sat/byte a miner would still earn 100 bitcoins from just one block of that size. that's plenty of motivation to keep a datacenter running to store the blockchain. remember that normal users don't actually need full nodes, they don't secure the network, and by the time blocks get to that size 1000 TB disks are probably like 10 bucks if you order them in bulk.

Anonymous Mon, Jul 30, 2018 22:34:08 No.10491191

>>10491034
It's even crazier when you put it that way.
I'm glad BCH exists now. 32MB is a good start.
I can't wait to see the txhighway start filling up in time.

>>10491068
I'm not a miner man. They make enough money to put up with whatever the demands of the network are. If they can't keep up then too bad, someone else will.

>>	Anonymous Mon, Jul 30, 2018 22:59:22 No.10491451 >>10488667 please go back to plebbit and never post here again dumbfuck. gosh I don't even hold BCH and already hate this new biz full of retards

>>	Anonymous Mon, Jul 30, 2018 23:02:29 No.10491480 File: 84 KB, 1334x293, adqakc6dq9901.jpg [View same] [iqdb] [saucenao] [google] >>10488875 https://medium.com/@rusty_lightning/the-three-economic-eras-of-bitcoin-d43bf0cf058a Your ignorance is extreme, but unsurprising.

Anonymous Mon, Jul 30, 2018 23:19:42 No.10491679
File: 49 KB, 596x339, storeofvalue.png [View same] [iqdb] [saucenao] [google]

Roger doesn't even know why BTC is valuable. Proposed BCH scaling plans would forgo censorship resistance and decentralization. Without those there's no reason to use a blockchain rather than a conventional database functioning as a service like paypal.

>>	Anonymous Mon, Jul 30, 2018 23:21:25 No.10491698 >>10491679 >Proposed BCH scaling plans would forgo censorship resistance and decentralization. This is idiotic buzzword regurgitation.

>>	Anonymous Mon, Jul 30, 2018 23:24:14 No.10491733 File: 398 KB, 1500x1500, roger_verified.png [View same] [iqdb] [saucenao] [google] >>10488490

Anonymous Mon, Jul 30, 2018 23:29:21 No.10491780

>>10491698
Just because you don't understand the way currency ledgers spread out over multiple nodes functions, doesn't mean other people don't. Also, it would be easier if there were a word for spreading out your assets onto multiple redundant systems to ensure they weren't tampered with, like a non-central system, or something like that...mm.

>>	Anonymous Mon, Jul 30, 2018 23:29:34 No.10491783 >>10488490 no kidding, have you been living under a rock in the past year or so??

>>	Anonymous Mon, Jul 30, 2018 23:36:11 No.10491827 >>10491780 no, your thinking that bandwidth and hardware costs would need to increase for even multi-gigabyte blocks to be viable for home mining is idiotic, and disproven years ago.

>>	Anonymous Mon, Jul 30, 2018 23:42:45 No.10491883 are we all gonna have our little asic miners in our cell phones to run nodes for this fucking garbage on roger's big gay island paradise? fuck off sock puppet r/btc retards all you do is fuck up bitcoin when you spew this shit

>>	Anonymous Mon, Jul 30, 2018 23:43:03 No.10491886 >>10488696 Why do people like you hold on to this notion that Satoshi’s original vision is the correct vision to aspire to? Maybe he got it 80% right.

>>	Anonymous Mon, Jul 30, 2018 23:47:33 No.10491918 >>10491883 another retard who doesnt understand how mining works.

>>	Anonymous Mon, Jul 30, 2018 23:54:18 No.10491985 >>10491918 you right i don't really understand the tech i mean i've read but who the fuck really knows anything other than roger ver is a fucking egomaniacal cunt who will never rehabilitate his image, sorry cashtard

Anonymous Mon, Jul 30, 2018 23:55:03 No.10491996

>>10491827
>no, your thinking that bandwidth and hardware costs would need to increase for even multi-gigabyte blocks to be viable for home mining is idiotic, and disproven years ago.
It can't cope with anywhere near this unless all the nodes are centralized in a few massive datacenters. At that point you have a slow ripple clone that wastes power and fees on mining.

Anonymous Mon, Jul 30, 2018 23:56:37 No.10492011

>>10491996
>It can't cope with anywhere near this unless all the nodes are centralized in a few massive datacenters.

This is completely and utterly false, and any basic research proves this. Stop spreading false memes.

>>10491985
when the corecuk's head explodes, the post.

>>	Anonymous Tue, Jul 31, 2018 00:00:08 No.10492037 >>10488490 Roger that

>>	Anonymous Tue, Jul 31, 2018 00:07:07 No.10492089 File: 167 KB, 1930x554, Screen Shot 2018-07-30 at 11.06.41 PM.png [View same] [iqdb] [saucenao] [google] >>10491996 >all the nodes are centralized in a few massive datacenters no shit, that was always the plan

>>	Anonymous Tue, Jul 31, 2018 00:08:05 No.10492102 >>10488490 Tldr; you are still a brainlet

>>	Anonymous Tue, Jul 31, 2018 00:09:06 No.10492111 File: 153 KB, 1396x746, Screen Shot 2018-07-30 at 11.08.41 PM.png [View same] [iqdb] [saucenao] [google] >>10492089 also https://nakamotostudies.org/emails/re-bitcoin-p2p-e-cash-paper/

>>	Anonymous Tue, Jul 31, 2018 00:10:57 No.10492133 https://www.youtube.com/watch?v=sbD0kiTddEs&feature=youtu.be

>>	Anonymous Tue, Jul 31, 2018 00:15:45 No.10492187 >>10489148 only another .08 down and we buy the dip

>>	Anonymous Tue, Jul 31, 2018 00:18:45 No.10492219 File: 1.75 MB, 480x270, tenor-1.gif [View same] [iqdb] [saucenao] [google] >>10491451 kek

>>	Anonymous Tue, Jul 31, 2018 00:26:43 No.10492282 >>10491480 ahh yes please enlighten me 110 iq redditor.

>>	Anonymous Tue, Jul 31, 2018 00:29:18 No.10492300 File: 33 KB, 629x505, 1531629445416.jpg [View same] [iqdb] [saucenao] [google] >>10491451 I share your pain this board used to actually be useful and informative

>>	Anonymous Tue, Jul 31, 2018 00:33:46 No.10492336 >>10488660 The absolute irony of this statement lmfao

Anonymous Tue, Jul 31, 2018 00:40:32 No.10492393

>>10492300
I'll try to help by making a few useful posts every day.
I don't know everything, but whenever I can add some good posts I will. Maybe in this way we can help the board quality, even with all the brainlets here.

That should help until the next bullrun when we get flooded by newfags again. But when everything is green the pain will be less.

>>	Anonymous Tue, Jul 31, 2018 00:42:03 No.10492404 >>10488490 he's against (((them)))

>>	Anonymous Tue, Jul 31, 2018 00:42:53 No.10492410 >>10488667 he was a millionaire before BTC and put in around 600k when it was at $1-$3

>>	Anonymous Tue, Jul 31, 2018 00:46:33 No.10492439 >>10488839 Because centralized authorities will always screw it up. You want to feed the babbies, feed them yourself. Stop begging the authorities because they will ask for more power and then beat you with it.

Anonymous Tue, Jul 31, 2018 00:47:54 No.10492454

the fact is BCH works right now. its on chain, simple, instant, and tx are less than a penny. BTC doesn't work as a p2p currency. they say lightning is on its way, but it has been since january of 2016.
You can't honestly suggest that BTC is not centralized in the hands of blockstream. It's ridiculous.

>>	Anonymous Tue, Jul 31, 2018 00:52:06 No.10492487 File: 14 KB, 270x246, 1516012191743.jpg [View same] [iqdb] [saucenao] [google] >>10492410 from selling illegal explosives kek

>>	Anonymous Tue, Jul 31, 2018 00:54:08 No.10492507 >>10492487 he made his millions with computer hardware

>>	Anonymous Tue, Jul 31, 2018 00:55:30 No.10492519 >>10492487 money talks and bullshit walks, buddy

>>	Anonymous Tue, Jul 31, 2018 00:57:29 No.10492535 >>10492519 I doubt he did much walking with his kneepads on.

>>	Anonymous Tue, Jul 31, 2018 01:27:47 No.10492757 >>10492454 adoption where?

>>	Anonymous Tue, Jul 31, 2018 01:47:30 No.10492891 "Mt gox is totally solvent you can trust them with your money" fuck ver he is scum

>>	Anonymous Tue, Jul 31, 2018 01:48:41 No.10492898 >>10492454 you can send 4 million usd on btc for less than 10 cents in half an hour how is that not p2p currency?

Anonymous Tue, Jul 31, 2018 02:44:54 No.10493301

>>10492089
>no shit, that was always the plan
Satoshi made a bunch of mistakes when it came to scaling and mining, if you want to keep it so it can disrupt central banks it probably can't manage to be a paypal competitor at the same time. The problem is Roger wants to destroy BTC rather than having multiple coins with different uses. He only wants the paypal market because it will give him more shekels, I'm convinced the hole libertarian thing is just an act and hes just a scammer.

Anonymous Tue, Jul 31, 2018 02:54:04 No.10493366
File: 227 KB, 1236x868, rogerraging.jpg [View same] [iqdb] [saucenao] [google]

BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH

>>	Anonymous Tue, Jul 31, 2018 02:55:23 No.10493374 >BCH will centralize mining!!!! Have you absolute retards tried mining BTC lately?

>>	Anonymous Tue, Jul 31, 2018 03:39:43 No.10493632 >>10492891 >"Mt gox is totally solvent you can trust them with your money" I wonder how much they paid him to say that

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