/biz/ - Business & Finance

It's already over?

>>11697353
thats like mutiny - fuck

is this possible

>>11697353
Imagine putting actual money into bcash

>>11697370
>imagine putting bcash into bcash

Jihan is rekt lol. Will he move hash power from BTC to help?

>>11697353
What a bunch of needledick fuckheads, they make the whole space look like a joke

>>11697370
this.

>>11697384
They made PoW look like a joke. After 10 years I think smart money is about to move to PoS

As I read it, that means every miner that use BU node software is already out of the game.

Is this true, thats literally an attack and we are fucked.

bcash is the biggest joke ever, just let it die already

Welcome to the beginning of the end of Bitcoin Cash. They just hero'd themselves.

>>11697408
dump your bcash bois. i bet that last pump was the exit

>>11697395
POW is doing fine
https://fork.lol/pow/hashrate

>>11697395
Fuck off, brainlet.

>>11697353
noob here....whats happening ? who won ?

>>11697445
the real Bitcoin won. you dont like it? STIFF.

>>11697370
imagine not investing in Satoshi's Vision

>>11697445
>who won ?

>>11697488
Craig Satoshi Wright

I predicted all of this a long time ago and I wrote so much about this I'm not gonna repeat it. The Jews won.

>>11697353
crypto gots a long way to go if we expect anyone to understand what's going on

i'm trying to follow this shit but still don't/can't understand

>>11697499
I'll say you time. What did you expect would happen if someone threatened the status of fiat? The government brings it down.

>>11697365
>>11697370
>>11697380
>>11697386
>>11697395
>>11697408
>>11697413
>>11697417
>>11697426

lots of strong buy signals in this thread.

>>11697521
So how exactly is Craig bringing it down in layman's terms?

>>11697564
Did you ever wonder what Craig stands to win from winning the "hashwar"?

>>11697384

Anyone who calls it the space is absolutely bound to fail. Get fucked basedboy.

>>11697592
i dont know what the hashwar is

>>11697592
He's just having a piss, on a scale he can afford. He's clearly having a time of his life with this stuff.

>>11697629
CSW isn't doing this for himself, butthead. He was hired to take over.

>>11697644
>Hired
He's rich, he doesn't need money for survival. Even when he works for someone, he does things he finds it fun.

>>11697644
PoSM has no influence here faggot.
Go suck chink cock and get burned with ABC.

>>11697667
>He's rich
He fled Australia because he went bankrupt.

>>11697699
Craig is Australian you retard..

PS this is staged. There has been a ton of BU nodes spinned in February. I suspect someone unplugged most of them a once to make BU look bad.

>implying Craig didn't start this shitstorm just to be able to post tweets like this

Craig uses a suspicious amount of 4chan lingo ...

>>11697763
Yeah I noticed that. He posts here every day a thread about himself being SN. He's confirmed ally with Blockstream.

What did Satoshi mean by this?

when bcash forked, why did anybody think it wouldnt end up killing itself with fork after fork? all the developers, early adopters, those that actually believe in consensus stayed with bitcoin, and the opportunists, scam artists, late adopters looking for quick profit, and the impatient went off and created bcash.

why would anybody want to use bcash when the community is nothing but petulant children constantly forking and destroying the network because of their tantrums over control?

What did Satoshi mean by this?

>>11697763
Bitcoin CASH

>>11697793
But BTC forked on the same day BCH forked! It fork into SegWit, idiot.

>>11697815
That was a soft fork

>>11697793
Bcore had their own vision and they also had a tantrum over it.

>>11697815
segwit was a multi-year long discussed and planned soft-fork/upgrade to the network, juust delayed by the chink miners looking out for their own interest only, and those are the only people the bcash community now has on its side.

we are going parabolic
someone just market bought 500 of them

>>11697674
That's the best part, so many faggots here and on reddit think they matter at all. I can't fucking wait until they learn they don't. Let's be 100% real here, if people had craigs mindset from the start we would never have segwit, would never have bch and bitcoin would have far more adoption than it has now scaling onchain.

>>11697836
bitcoin carried on being bitcoin, the miners thought they had a say or opinion, and cried about it, delaying it, at which point users and developers decided to stop putting any weight on to what miners thought, and carried on with the planned upgrade with or without them.

hardly a tantrum like you saw almost every month with a new piece of drama coming from the bcash opportunists like ver and scam artists like wright. even jihan wants nothing more to do with any of them, and he himself caused this problem more than anybody.

>>11697763
In his video with tone vays it looks like he has pic related as a poster in the background. It's behind his head but you can see it at some points.
https://www.youtube.com/watch?time_continue=1&v=ACEUOCoVvmw

>>11697495
Not yet.

>>11697906
I don't even care they won, it's the willingness of the BTC holders to work against their own self interest that unsettles me. Democracy doesn't work.

>>11697952
They are either stupid or dishonest pump and dump market shills. Nobody here for the long haul gives a flying fuck about btc anymore.

>>11697960
>Nobody here for the long haul gives a flying fuck about btc anymore.
Bitcoin is dead. Face it. The best we'll ever have is ripple backed by BTC. And watching this going on from the start was the most amazing thing to witness.

>>11698035
XRP is the greatest digital asset ever created.
Btc is going to die or simply get forked to nothingness. Do you really think SV is going to become bigger than btc? Is everyone going to explain forks to normies and expect mass adoption? . Eth cant scale. XRP will consume the market.

this "war" is so stupid, and all of you are fucking retarded for thinking CSW was good for the community

>>11698069
Jesus Christ... If it's not BCH shills it's XRP shills. Both of these coins are CIA/JEWISH. Listen, people on 4chan are smart. Cant you fuck off to facebook and twitter to shill your retarded ideas there? We know the difference between black and white.

>>11698098
>Both of these coins are CIA/JEWISH
Kek
Most coins that have future are:
Either created by (((them)))
Either already controlled by (((them)))
Either will be controlled by (((them)))

>>11698098
upboat fellow Redditor

>>11698111

PAJEETS OWN ALL THE COINS !@!!!

>>11698123
Divide et impera you jewish fuck.

>>11698134
>PAJEETS OWN ALL THE COINS !@!!!
Actually they do
Poo-in-looers are everywhere

>>11698098
Yes only the smartest of the goyim know btc is the true aryan coin!
>>11697521

>>11698142
>trying to suck up to 4chan
Pathetic

this shit sucks bigtime

>>11698157
>Using anime lines
Pathetic.
Now watch me cut up these water bottles with my katana.
4chan was is and will be my home until it gets shut down. After that I'll move off to other chans. LMAO.

>>11698191
>Being this inundated with anime that you think this was an anime line
You're a wheezing stereotype. You, by all means, have no right to speak for the community as a while. Nobody does, that's the point of this place.

>>11698245
Divide et impera

>>11698254
Divide 4chan from your self-proclaimed rule? lmao

>>11697487
BASED

>>11697499
Craig Wright literally just saved sound money and the future of the human race. Show some fucking respect.

>>11697365
Yes.

Well played Satoshi

>>11698095
Fuck off cunt, Craig is a hero.

>>11698111
meme coins are truly independent coins
>>11698134
the true aryans
>>11698143
still better than you
>>11698153
why not cro-magnoid and aurignacoid?

>>11697499
It's not crypto that has a long way, it's the people. There's no way I can quickly summarize this without knowing your currrent knowledge base.

Read up on the blockchain, the OG bitcoin whitepaper, and the BTC SegWit/Bitcoin Cash fork. Very important issues on the fundamentals of crypto and it should give you context for what's happening today.

>>11698408
human species* don't be such an uneducated fool.

So guys, as someone from the outside looking in, why would I ever put any money in any PoW coins after seeing how some internet drama can cause a war that would render the one I use worthless?

PoW coins are literally over--no serious investor is going to put money in something that people power tripping can fuck up for them. Institutions are going to put their bets on platform tokens, which have an actual use case other than "internet money"

Enjoy cannibalizing yourselves.

>>11698748
Lmao, I'm sorry but you have no understanding of the underlying principles that give crypto currency value in the first place.

Thinking POW was ever a good idea is the herd mentality.

>Thinking that requiring hardware and computing power to solve math problems to transmit money is a good idea, when you can already do it for free and anonymously using the existing internet infrastructure.

>>11698774
>Hear that Bitcoin is a store of value, borderless, and secure
>Autists sperg out over which one is the real Bitcoin, team up to launch attacks disabling the one I invested in.
>lol dude you don't understand the principles that give it value if you did you would keep up with these meme wars on twitter and properly move your funds to the correct fork whenever they can't agree on an upgrade

You're a dumbass.

>>11698847
Stay on the outside, either that or do more research.

>>11698877
Great job proving my point. If you want the price to go up people on the outside have to buy, and from the outside looking in, the community is fragmented as fuck. There will be no next bullrun until the entire community can either agree on the correct version of bitcoin, or the wars and squabbling just fucks it all, everyone forgets about it, and institutions then make the decision.

This kinda shit is why blockchain mining coins just can't work. They fuck up every 8 months, industries and businesses can't deal with chains forking and addresses no longer being able to send to the 'new' chain and all kinds of mess like that. It's an absolute clusterfuck.

>>11698847
Holy shit, you are probably a december fag, kys

>>11698915
nobody gives a fuck wether you buy or not faggot i'm not going to spoon feed you.

>>11698924
it wouldn't happen to bitcoin because it's not a shitcoin fork which doesn't have replay protection and it's hashrate is so large it couldn't be attacked like this.

>>11697353
Based and POWpilled.

>>11698915
>or the wars and squabbling just fucks it all
No its what solves it by pure capitalism. BCH needed to attack BTC with its pants down a year ago. It failed.
> institutions then make the decision.
BTC Market cap of what 100 billion. They already do lol that is peanuts money.

>>11698951
>it's hashrate is so large it couldn't be attacked like this.
Which is why it was CRippled instead of attacked by force.

>>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.

LMFAO at all the shills in here.
Thanks for killing democracy - it was needed.

>>11699013
>democracy
HAHHAHAHAHAHAHAHHAHAHAHHAHAHAH GO FUCK URSELF

>>11699013
>democracy died with trump

>>11698969
there's a reason those people are "queuing" for the BTC bus instead of bcash's bus which is less secure and a worthless shitcoin.

>>11699029
And that's a good thing.

>>11699010
imagine being this retarded

>>11697353
It’s already over. bchabc has no chance.

>>11699099
Dude, where's your argument?

Kys moronic, faggot shill.

>>11699164
It hasn't even started.

I'm expecting that Jihan will switch over mining power to save ABC at some point
At the same time Satoshi will dump his BTC to save and pump BCHSV at some point
That's when the war really begins
Cap this post and masturbate to it at night.

>>11699198
reeeeeeeeeeeeeeeeeeee

>>11699178
BTC is going to enslave us anyway. Buying another shitcoin isn't going to stop anything you are posting.

>>11699220
This is the true redpill.
The hashwar is just a distraction for the autists.
We are entering Pax Judaica.

And that's a good thing™

>>11699164
21, 21, 45

>>11698069

Fuck off, Constellation will outclass you all delusional BTC and XRP fags.

>>11697487
Imagine not having bought BCH SV futures @60$

>>11699313
imagine trusting polo to deliver on an IOU token

>>11699328
Indeed, an exchange that has been up since the beginning of 2014 is going to exit scam on a random BCH fork. You have some high IQ, buddy.

>>11699328
Maximus kek and 100% truth

>A few BU nodes crashed

Literally nothing. Faketoshi is wasting his time and money

>>11697805
survivors learn from divergent events that fail

>>11699328
Goldman Sachs exit scamming, sure buddy

>>11699192
You don't understand how it works. Ayre will mine at a loss. Bitmain won't.

>>11699376
You don't understand how it works.
Your thinking is too shallow.
Congratualtions on still being in the matrix.
Its not the same matrix as the ABCcucks,
but its still the matrix.

>>11698915

>the community

Do you honestly think the other people involved with shitcoins care about a "community"?

Everybody is who is in it is out for themselves, to make more money than they started out with.

You probably think the Red Cross is a charity organization.

Neutral here.

Ive noticed the efficient market hypothesis is a reasonable approximation feeding investment decisions and cant help but notice BTC is an order of magnitude more valued by the market than BCHABC, and two orders of magnitude more valued than BCHSV. Its not clear to me why CSW and JW havent cottoned on to this, shut up shop and fucked off home.

So, I look forward to the Dragon being Gayed from Thursday because Im long popcorn

>>11698035
Retard.
>>11697960
Wrong.
>>11698069
Topkek.

>>11699010
Preach

>>11699619
SV don't fight to control BCH, they fight to take it down.

>>11699932
what ever they want to do, they will win.

Money wins every time, especially in such low roller markets like crypto.

I have 136 BCHSV am I going to make it?

>>11700116
You made it. Congrats

>>11699010
S...Satoshi?

>>11700127
Thank you green id

Faketoshi calling out Privacy Coins now. How this statist nigger has any supports is beyond me

>>11697896
his first doctorate was in theology, and he will only discuss it in person, over wine.

>>11697366
so a coin that turned it's back on the nakamoto consensus did ti again? surprise...

>>11698949
Are you CSW?

>>11700144
Isn't it the best doctorate of all? He could get assistance from G-d when needed.

>>11700178
He makes a thread here every single day praising himself.
https://en.wikipedia.org/wiki/Narcissistic_personality_disorder

>>11700218

Daily Reminder CSW can't program and had to copy and paste a Hello World Example from a tutorial. He's also a pathological liar about everything from his money to his fake degrees

>>11699313
It's still an easy 100x+
https://poloniex.com/exchange#btc_bchsv
(When it eventually eats Segwit market cap)

>>11700218
He is incredible, by all accounts.

>>11700234
The entire bitcoin community started to suck his dick last week after considering him the devil incarnate for some time. If that's not proof of greatness, I don't know what is.

>>11697384
imagine coming here into crypto in 2017 and thinking that your opinion has any type of validation.
this is what bitcoin is basedfaggot. bitcoin is competition. pure capitalistic competition. if you dont understand that then go to the PoS scam shitcoins and fuck off

>>11697395
PoS = who has the most coins wins forever. you want to gain more power? too bad, nothing you can do about it because i wont sell my coins. PoS is a fucking scam
PoW is competition. as long as you are able to gain hashpower, you can compete. no one can deny you the ability to gain more hashpower. kill yourself basedcuck

>>11700240
>The entire bitcoin community started to suck his dick last week
hell no where did you get that?

>>11700296
pos and pow don't fundamentally differ from one an other from power aspect you have unlimited usd to throw on your majority plans? you can do it. the difference is what you can do with it. in a pos coin everything in a pow once you got majority you can use limited replay attacks.

>>11700470
oh and a pow coin can fork the fuck off from your majority hashpower if you abuse it the world would turn it's back on you. with a pos coin there is no such escape no fork can take away your power.

>>11700232
Soon volume will be higher than BCH. The hashwar will kill also Blockstream shit.
Bitcoin (SV) is going back to 20k in 1-3 year's

>>11700283
Read this in Satoshi Nakamoto's voice.

>>11700607
Who else read it in computer ai voice?

>>11698515
>hero
you people need to go outside.

>>11700607
>Satoshi Nakamoto's voice
HOW DO YOU KNOW HOW HIS VOICE SOUNDS?

>>11700530
> The hashwar will kill also Blockstream shit
https://fork.lol/pow/work
You are like a little baby to me

>>11701202
Don't you get it?
BTC hash will partially be used in the great battle of BCH.
Fork and difficulty adjustment at the same day.
BTC has fighting in BCH war will leave BTC with a high difficulty and low hash.
Spiral of dead while simultaneously BCH mining gets more profitable.
Hash will stay at BCH and when BTC is dead all hash go to SV.
That's tb future, get over it faggots

>>11701442
Based

>>11697395
POS/POW hybrids are the only long term solution

the hybrid approach strengthens the security of both consensus mechanism by a factor of 40

>decred

>>11701192

>>11698847
That's why Satoshi is going to destroy the other chains, only SV will remain

In the end Bitcoin Cash will trump all but I still wish Roger Ver was on the same side as Satoshi. Roger does a lot to on-board people and businesses. Regardless of their ideological differences they both have the same end goal: censorship-resistant money for the whole world. It will still increase economic freedom no matter what.

>>11700143
that's a bold claim. i probably wont remember it late 2019.

>>11701716

All Faketoshi does it make bold claims with no evidence to back it up.

>>11701725
we'll see, won't we?

>>11701442
btc won't be slowed down much by jihan stomping the shit out of craig

>>11701764
Oh it won’t ?
You are literally the msm saying Hilary will beat trump right now, you brainlets don’t realize the greater game theory being played out right now.

>>11701787

>Every underdog is trump

Faketoshi's only chance is to direct 100% of his mining power toward mining empty blocks on ABC. That's it. He can't split his hash power (which means he can't even mine SV). His whole plan is simply an attack on ABC

Note: He's said nothing harmful about Bitcoin itself, just BCH ABC. He was fine with CTR and the new Op_codes for weeks up till the fork, but then changes his mind. He barely understands blockchain either. he claims abc allows child porn, gambling, and whatever else nonsense not realizing all these things are totally fine on SV as well. He also misunderstands the law. Developers can't be held liable for how their software is used

So basically, he's a fucking moron, shill and I hope he gets routed in the hash war.

>>11701787
nigga does the big word "average" confuse you?

>>11701764

>>11701853
if you look at the hashrate of btc you can see withdrawal starting in october. craig wanted a hash war the troops are on the move. it's not gonna be a sudden disruptive switch as some fags like to fantasize about it. despite the drop of hashrate btc still has less then 10 minute block times.

>>11701934

If Craig somehow forces a algo change it's going to really hurt the space. He's already stated his intention to confiscate coins originating from what he deems "criminal activity". He's a fucking lunatic

>>11701944
how would he force an algo change? i don't see an endgame favoring him or doing real harm to btc or abc. ltc might be kill i don't know.

>>11701949

With 51%+ of the hashpower he can just mine empty blocks all day or double spend if he wants. Eventually ABC will need to change the Aglo so craig will be barred from harassing the chain

>>11701944
https://www.youtube.com/watch?v=9GMeGMb8uYo
Even Roger Ver and John McAfee agree that provably stolen coins should be returned.
You havent seen anything yet. 70$ per BCHSV is cheap price to enjoy future patent trolling etc.

One day Bitconnect comes out on top after everything. That would be hillarious.

>>11701944
>He's a fucking lunatic
Listen to this ridiculous, irrational bullshit. >>11701787 hit the nail on the head, the way CSW uses shitposting to make people lose their shit for no good reason is downright fucking Trumpesque.

>>11701764
I don't think Bitmain is much of a miner. They make the hardware to sell it and sure maybe they have a bunch of unsold stock lying around. But do they have the facilities, ventilation and electricity ready? If they do can they survive hashing away for months? The way they made money before was from selling the hardware, not using it. We'll see very soon.

>>11701996
the only people that support this psychopath have no other investments than this bullshit crypto crap we all trade. If we were in charge of a publicly traded company he would've been fired within a month. His stupid cult think he's so "rogue" when in reality he's just a fucking outlier screaming on a soapbox. Oh and for you trump fags just look at the likes of all your loudmouthed republican heroes. They're all marginalized. Get a fucking clue if you want to be rich. Jesus.

>>11702005
Nigga, are you retarded?

https://www.google.com/url?sa=t&source=web&rct=j&url=https://qz.com/1055126/photos-china-has-one-of-worlds-largest-bitcoin-mines/amp/&ved=2ahUKEwiiwZKSvcveAhWrxYMKHSIeAEIQFjAKegQIBRAB&usg=AOvVaw0li65wjem-poQH2pxDH9c6&ampcf=1&cshid=1541909818423

>>11702732
Stay mad commie. Losers gonna lose.

>>11704064
Based

>>11704222
Checked and redpilled >>11704064

What is so good about SV compared to ABC? Someone said SV wants all scaling on-chain?

>>11704393
ABC niggers want to keep a blocksize limit and delay growth

>>11701787
>this is what happens when you move hash
proof of LARP - if it's anything more than miners just not finding blocks where did the hashrate disappear to? BCH hashrate would have quintupled

>>11704401
And make bch moners prosecutable by putting dsv in the protocol instead of in script

I think both sides are in cahoots to try and trigger a btc chaindeath scenario.

>>11705094
>chaindeath scenario
nChain works along Blockstream.

>>11700296
If PoW coin is dominant currency, then it's effectively PoS. More coin = more ability to create mining power => even more coin and centralization

Hardfork without replay protection explained:

https://youtu.be/Di8sPUGpP4k

>>11697383
If thats his clients hash then he fucks himself.

Also it makes bch the most relevant chain to mine on.

Either way its a win

> SV wins the hashwar.
> BTC spiraling to death as a side effect of hash moving into the war.
> Bitcoin is Bitcoin again.
> Satoshi's vision is the road map again

Screenshots this

>>11705191
SV will win

>>11703140
MINISTER YOU SATOSHI

btw anybody know what Satoshi meant with what he writes about OP_RETURN in
https://medium.com/@craig_10243/fixing-op-fals-fd157899d2b7

>This allows for both the use of OP_RETURN and a means to pay miners and archive nodes for delivering a service.
>So, if a 100-KB file is to be stored for 1 year, miners’

once the OP_RETURN data is in the blockchain it is there permanently, I don't get what he means with storing a 100 KB file for a year?

>>11706095
Also, what is an 'archive node'?

>>11706095
he is saying it can be optionally pruned by mining nodes who don't want to keep the entire blockchain archived. there can be specialized archival nodes which store such files forever and charge a fee to retrieve the data from the blockchain, while the majority of the nodes have long since pruned this data and just build on the hash of it

>>11706113
>https://www.reddit.com/r/BitcoinBeginners/comments/71ciyg/what_is_the_proportion_of_lightweight_to_full/
>Nodes that have the whole blockchain and peer the whole blockchain now over 140GB in size . Pruned nodes have the same security and privacy benefits as archival nodes but can have less than 5GB of space used

Doesn't that mean that OP_RETURN data will not have to be stored in a full node and can be pruned? Doesn't the OP_RETURN data contribute to the block hash?

>>11706134
It's not kept in the utxo set in fast memory. You can prune it since it's unspendable, it's not needed to verify new transactions.

>>11706164
>https://en.bitcoin.it/wiki/OP_RETURN
>OP_RETURN is a script opcode used to mark a transaction output as invalid.
>The OP_RETURN change creates a provably-prunable output, to avoid data storage schemes – some of which were already deployed – that were storing arbitrary data such as images as forever-unspendable TX outputs, bloating bitcoin's UTXO database.

Does it mean that, because OP_RETURN containing transactions can't be validated by definition, they can't be ever put on the blockchain? So, by pruning, Craig meant that it is pruned from the RAM-based UTXO unspent transaction pool?

>>11706209
Also, why store transactions in the UTXO when it is CERTAIN that they'll never be included in the blockchain? Doesn't it just bloat the UTXO pool?

>>11697384
this is why I have 300 ETH and zero BTC

>https://github.com/bitcoin/bitcoin/pull/2791
>Prune provably-unspendable outputs #2791
>What kind of effect does this have on the blockchain size?
>@Mazo None. The blockchain continues to store every single transaction, from 2009 through eternity.
>...
>So this will make the gettxoutsetinfo on existing nodes diverge until everyone does a -reindex. Likewise, gettxout will return different results. Is this a problem?

So the pruning is from some index data structure?

>>11706124
ah, oh yeah he is thinking in terms of the future. however even if nodes may prune UTXOs with OP_RETURN if they want to, because they are provably unspendable, archival nodes will still need to keep the transaction itself in the blockchain (including that 100 KB file).

since the data will still be in the blockchain forever i still don't really understand the point of increasing the satoshis in the OP_RETURN UTXO for everybody else to keep the UTXO in their set of UTXOs longer. even if all UTXOs disappear there will still be a way to ask an archival node for the data of block 183624186 and then parse the file out of it.

looks like ABC lost the battle

>>11706223
most clients still keep OP_RETURN UTXOs around in their database just because bitcoin is still so small that they can afford it

i guess it helps for example search engines to quickly find data in OP_RETURNs. if they were pruned, which may be needed in the future, you would need to actually scan the whole blockchain in its entirety to find the data.

so I suppose Satoshi is talking about making the BCH included in the OP_RETURN UTXO just pay for keeping it around in the database for quick reference. even afterwards the data will still be forever in the blockchain, just not as easily accessible

a miner could still prune UTXOs with OP_RETURN at any time he wants, however he's economically incentivized to not do so because if he mines the first block after the OP_RETURN time limit expires he will be able to claim the BCH contained in it. if he prunes the OP_RETURN before that time he won't be able to claim those BCH because the client won't know about its expire time.

OMG...

I fucking LOVE Biz memes.

Biz is soooo fucking based lol. Craig = le god.

We need to meme him into emperor status lol, how frickin based would that be guys?

It's like... he's just as based as Trump and MoonMan. I think its because he's so sassy and non-sequitorious.

This is TOTALLY the next, most epic and righteous BASED meme.... get this:

He's on the internet...

He's contrarian to what seems reasonable and admirable...

Controversial...

Quite silly and ironic...

But actually a super fun and great guy.

>>11706384
Alright. So the miner is incentivised to keep the transaction in the pool of unspent transaction until it's expiry date, because if it is mined at expiry date, the fee will be collectible. Alright.

>>11706463
https://www.youtube.com/watch?v=kPnDPSeE_7Y

Isn't Craig fighting for Chainlinks success?
Bitcoin ABCs main point is introduction of 'smart contracts' and 'oracles'. SV explicitly dispenses with that.

Hey atleast 0xBTC is 51% attack proof, your move anon...

>>11697353
Miner reporting in,

we are in control

Bch SV Volume is out of control.
Clear signal

>>11700296
Why should people with no stake specifically in the blockchain I am using be allowed to "compete" for deciding what happens on it?
Any large ethereum mining pool right now could absolutely crush any POW coin except BTC, BCH and maybe LTC and not lose anything more than electricity for completely undermining the value of all assets on the chain.

If you attack a POS chain you need to buy in and lock your assets, making you have to effectively destroy your own wealth in order to make an attack, not via the slashing thing, but through that if you're successful, then everything you staked to be successful isn't worth shit because the coin price will dump on all exchanges megafast once the chain is clearly compromised. This isn't the case for POW chains. There is too little at stake. Even Monero could be absolutely raped by any large ethereum pool that wants to do so.

>>11700487
>oh and a pow coin can fork the fuck off from your majority hashpower if you abuse it the world would turn it's back on you.
They can just switch hash to your fork and attack that too.
>with a pos coin there is no such escape no fork can take away your power.
A fork where they exclude the balances in wallets owned by the attackers.

>>11707098
Yep, volume is going crazy, some whales clearly buying in now.

Let's think about what we know.

Bitmain wants to IPO.

They post record sales numbers, driven up by Calvin's accumulation of S9s.

They "leak" that they have 1M+ BCH.

CSW comes out as a universally distrusted, hated boogieman who's instructing Calvin on how to force a hostile chain split and a hash war.

As things approach the fork, very real money starts flowing into a social media campaign to stir up shit.

There are rumblings that if CSW and Calvin succeed in this campaign, they will wage war against all POW chains.

Bitmain "has no choice" but to mine at a loss on fork day in order to "protect their investment." Other miners jump ship because of Bitmain's influence, and because they buy the social engineering. All of this happens just at the start of a new BTC difficulty period.

This is the real Dragonslayer (note SV's branding). Last year was a test run.

If SV does end up with 90% hashpower in three months I just hope bitcoin.com swallows their pride and jumps over. I don't think Bitcoin Cash will benefit from Roger packing his bags and leaving the crypto space.

SV might even have enough hash to mine empty blocks on ABC, making transactions take much, much longer to get into a block on that chain compared to SV. We're talking hours even if you use 0.1 ABC-BCH in fees.

>>11707451
Why would anyone buy BSV though? It'll be worth exactly zero if it only won by force.

Reminder to everyone that CSW doesn't want people to separate his BCHABC from his BCHSV and has added to the SV chain a rule that allows miners to steal all coins that people try to split.

> If developers add an unauthorised OP_CODE, it is to be treated as a miner fee.
https://medium.com/@craig_10243/bitcoin-is-all-about-incentives-72894518f6b5

This is the big deal and I dont see anybody talking about it.

Either exchanges stop operating with BCHABC or BCHSV, or they only allow unsplit coins(a really big hassle).

CSW thinks he is a game theory master but I think this will be all a shitshow.

>>11708647
Interesting. I've splitted @polo and went all on SV. I'm safe eh?

>>11700446
The entire bch community he means. So no one.

>>11707102
Proof of work incentivises growth its like being on a treadmill you have to be running to stay in the same position. So not only do you have to buy in and lock your assets you have continually create value to remain profitable.
Proof of stake incentivises doing nothing or even stopping innovation that threatens your majority stake

>>11707111
>They can just switch hash to your fork and attack that too.
if you change the hashing algo all that specialized hardware invested in is useless. at least that's the theory. we will see how well monero does it.

>>11707111
>A fork where they exclude the balances in wallets owned by the attackers.
well that's the one thing you can't do if you want to keep the coin. first of all the balances themselves are not an attack. second, i don't see anyone taking confidence in a coin ever that blacklists addresses. third it fucks with coin supply.

When the bell rings, I think Jihans got the speed and mobility, but Craigs gonna have that endurance and stopping power from his size. Right you are, Ken, Craig is going to want to keep Jihan close to him so he doesn't have to move, and he can take advantage of his bulk to hammer into Jihan.

Jihan should aim for continuously moving around to tire Craig out. Craig is used to gay orgies, so he's got some limited endurance and flexibility, but Jihan is from China, so you know at some point in his life, he had to be running on an empty stomach for weeks on end.

The other thing Jihan should do is hammer into Craigs legs in the early rounds, as much as possible. If he can slow Craig down even more, it'll just make it that much easier to dance circles around him.
Personally Ken, my money's on Jihan, there's no way Craig can hope to land a power blow on him while Jihans got the speed. That, and you know Craigs gonna have to do something big and hard before he runs out of steam. If he does, it's all over.

Now Jihan needs to dodge those power blows from Craig, but he's also gotta avoid wasting energy by moving around too much. It's a balance game, Ken, and rushing out of the gate with no brakes is a good way to blow your load early.

Something we all struggle with!

Ah, speak for yourself Ken. Now over to Guy LeDouche for more on the fight

Hi guys, Guy LeDouche here, I've just spoken to both our sexy contenders, and they are ready to push each other down and lay into a beating frenzy!
Now you sir, what do you think of Jihans chances?
Rv- Sorry to interrupt you, but it's "Bitcoin Cash" not Bcash.

Guy-But I didn't say that?

Rv-So I think Jihans going to win this fairly easily, and he knows if he has any trouble he can tag me in.

Guy-Oh that's right, you spent some hard time in prison being worked over by angry men, didn't you

Rv-Absolutely, I know how to defend myself, and I don't think Craig knows what he's getting into.


Guy- thank you for your time, and enjoy the brawl! Back to you Kenny! (*strange laughing noise)

>>11707728
>What is Nakamoto consensus

>>11710073
bch fags talking about the nakamoto consensus makes me crack up every time. that's like a serial rapist talking about womens right.

>>11710192
STIFF

>>11709463
>Proof of stake incentivises doing nothing or even stopping innovation that threatens your majority stake
This is what I’m worried about

>>11697353
What's the site?

>>11710274
Cash.coin.dance

>>11709463
This. Hashers still have to maintain their miners even if they use a large pool. It's a full time job
Delegating your stake or staking on your own? Most staking nodes will be dead zombie nodes.

I dont know about yall niggas
but I bough 90.3333333 of this stupid dragon bchsv

>>11697353
>DogeCoin ripoffs are fighting each other!
Nobody cares.

>>11710446
do you think in your delusion that people with 80 BTC who can buy 1,000,000 XRP can go 1000X EOY?
hahahehehuehua
hhhahehhaAHHAH
HAHHAHAHAHAHAHAHA
HAHAHAAH
HAHAHAHAHAHAHAHAAHA