/biz/ - Business & Finance

roger and jihan broke up bitcoin by forking bitcoin cash. jihan went all into bcash now has 1 million. now bcash is breaking up b/c of difference in ideals, forking bcash = dividing community again, the more bcash forks the less and less strong bcash community and therefore less demand b/c it does not show market confidence which means BTC (bitcoin) will come out on top. jihan will have to go back to mining btc, and possibly crash BCH by dumping his 1 million coins to buy back btc and allow us to moon. the point is this does not effect bitcoin if anything this is good for bitcoin because the retarded cucks at the cashie camps are killing each other over small shit. mean while litecoin is like phew, glad that isn't me, i'm just going to follow bitcoin. point is if bcash fails which it will b/c of these coming forks, litecoin will absorb the bcash market.

>>11707641
>>11707809
So, basically, sell your damn bitcoin and go into alts...

>>11707809
Core shills itt

both btc and bch are the "real" bitcoin. Bch is arguing that it is "realer" because it follows the original satoshi whitepaper, which is a fair point, but development is slow and community is only worried about debating btc people and not the future of the currency.
In conclusion, everything is trash except eth

>>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.

>>11707641
>>11707809
>>11707883
>>11707925
>>11707999
>>11708007
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.

>>11708007
ctrl + c
ctrl + v

>>11708007
Reminder that core (BTC) and Jihan completely control plebbit r/btcoin and r/BTC. They don't want Bitcoin SV to succeed because then their banker masters will no longer be able to control the real Bitcoin.

>>11708031
>>11708039

>Shut it down!!1!
My point exactly...

>>11708077
how is bitcoin controlled if 95%+ of miners and services signaled S2X and it failed?

BTC - blockstream jewish maxicon propped up by useful idiots
BCH/ABC - chink ASIC mining power grab with a handful of libertarians
BCH SV - literal homosexual not getting enough attention

there's only two rational courses of action:
- came to crypto after august 2017: stay away from all versions of bitcoin
- been in crypto for longer: hold the same amount of every bitcoin fork
every fork is compromised in some way, and it's not worth compounding risk by trading free fork coins for a few extra sats

>>11708092
BTC is compromised, LN takes transactions off chain, you literally have no rebuttal.

>>11708108
>BTC is compromised, LN takes transactions off chain
how does LN make BTC compromised?

>>11707809
This but unironically. Long BTC and LTC. And no, I’m not a BTC shill. I don’t give a fuck about BTC vs BCH, ABC vs SV etc. All I care about in crypto is making money.

>>11708138
And memes of course.

>>11708007
What does SV stand for? Please dont tell me its some absolute hyperfaggot shit like Satoshi Vision....

>>11708134
See>>11707925

>>11708193
Oh fuck me I just looked it up and it actually is I'm going to kill myself

>>11708204
fuck your propaganda shit
I could destroy it with logic but you're too much of a brainlet to get it so no I'm not going to entertain your bullshit

>>11708204
Nobody is forced to use lightning, it lives or dies on its own merits. Problem?

>>11708223
Lmao, get rekt you absolute faggot. Kill youself. How many rupees is Jihan paying you to shill here...

>>11707809
Litecoin? Even Charlie Lee recommends Monero over that. Litecoin only sells to ultra noobs and the last time anyone new came to crypto was December.

>>11708322
You say this as LTC whales have been accumulating millions of LTC. Follow the money.

>>11707641
>muh Anglicanism is better than your Easter Orthodoxy
Different groups arguing which slight variation of the Bitcoin protocol everyone should follow. Just stay out of it, diversify in 3-4 coins (everything will pump or dump according to the general market anyway) and go live your life.

>>11708285
You are a moron. End of story.