/biz/ - Business & Finance

>>11765775
i dont know man

>>11765775
you gambled and lost

>>11765775
maybe but you learned their trick for next time

present two options and make it seem like the first one will win, and then switch. but next time, they'll probably reverse what they did this time

>logo unironically looks like a fortune cookie
you only have yourself to blame op

>>11765775
Sucks cause i believe original protocol should be locked like csw said. Guess bitcoin is dead after all

>>11765818
I feel like crypto in general is going to move away from treating Satoshi's words like the fucking bible, considering there are far more flexible uses for it. Bitcoin is stuck in its brand name, forever not being used as cash, but as a crypto antique that you might hold for status. It will be the ONLY coin to be valuable simply because it's rare and the first of its kind.

The actual use coins will not be bitcoin.

>>11765818
Reddit wins again. It turns out proof of upvote is the strongest after all. I guess it doesn't help abc came out of the gates swinging with coordinated dumping of sv and major hash while sv pulled up lame.

>>11765834
Fine i get that but the idea was to build on top of bitcoin not into. Literally every coin with a supposed utility has zero actually utility. Its been 10 years since bitcoin came out and its all one gigantic get rich quick scheme hopefully i can still hit another big bull run before exiting for good

>>11765818
Ha yeah it's like he said, regulated and fuck anyone that has built on it and silk road destroyed bitcoin

>>11765866
Yea i realized im an emotional trader so im going to make a concerted effort to trade for profit

Is anyone reading about abcs checkpoint garbage? Apparently it prevents reorgs bigger than 200 blocks...

>>11765909
just saw some tweets on this don't know wtf it is
any links on where can i get up to speed on this

>>11765920
It just prevents a miner from reorganizing your blockchain. Thankfully i didnt split my bch but i think im going to trade them for btc. Absolute clownfest

>>11765909
Haven't seen it but if they can reorg even 30 blocks that would still be pretty huge. just do that, rinse and repeat.

>>11765936
so abc isn't even bitcoin at all now
It makes me mad but if it was that easy to break nakamoto consensus bitcoin was delusional all along

>>11765959
I think checkpoints are actually valid. Its just no ones heard of it till now including me. Its a defense against a dishonest miner i supppse

>>11765959
What u should learn from this is not to be a maximalist or cultist but instead trade for profit. The very early adopters will always be the wealthiest, cant ever get to where they are

This “satoshis vision is law” dogma is the stupidest shit in crypto. Look at Vitalik, he promotes upgrades and changes to ETH all the time. Satoshi would be doing the exact same thing.

>>11765981
I don't need profit that's easy, I would prefer to not live in a society that debases its currency.
If our reality is actually not conducive to liberty then so be it, I won't be delusional about it.

>>11766059
Yea it is what it is. We live in 1st world country with some govt interference but enough liberty. I wouldnt want to live in a place with no laws. Thats absolute chaos

NEXT TIME BUY XRP ANON

This isn't even a fight right now it's a goddamn massacre. Jihan continues to drive SV into the dirt on the exchanges.

Well at least i can hope that jihan and roger pump my bags

>>11766144
Is there somewhere I can follow a play by play of this?

>>11766162
I've just been watching on polo mainly. It's getting pushed down by 1k-5k sell walls and constant sells of big chunks for the past 2 days.

turns out satoshi's real vision is leading his followers into poverty.

Roger and Jihan might still lose if transactions aren't going through for days or weeks on end, BCH price will collapse and BCH adoption by merchants will be dead.

>>11766214
Hopefully most didnt split

>>11766214
That Satoshi chose to remain anonymous was a huge red flag that he had intended for it to be a scam.

>>11766059
Then you should be for a gold standard. Money/bitcoin that you hold isn't supposed to buy you a milkshake today and a car 5 years from now just for Holding it.

Money is supposed to be constant

>>11766322
there hasn't been a gold standard that hasn't been debased, mints and central banks can't be trusted
If you think bitcoin can survive without on chain adoption you're a brainlet

I could root for SV but I'm not sure what the game theory is here.
I'll just assume SV is supposed to win due to how many people hate it.

In that case:
HANG IN THERE SATOSHI-SAN
GANBARE SV-KUN
FUCK THESE ABC/UCKS UP

>>11765775
>a literal chinese dragon

The hashwar is far from over.

Tomorrow bitcoin.com switches back their hashpower to BTC and ABC is stuck with high difficulty, meaning slow blocks.

SV will catch up fast unless PERMANENT hash is added to the ABC chain. Where is all that hashpower that was promised by Jihan Wu?

>>11765993
This is what happens when your savior dies/disappears and a bunch of lesser individuals attempt to interpret his words. Its almost like theres a precedence for this shit...

>>11766343
ABSOLUTELY THIS

HOW CAN YOU NOT CHEER FOR SATOSHI'S BIJINTACHI ????

Fucking brainlets in here.
SATOSHIS BIJIN FTW

>>11766343
Seems bitcoin.com has calmed down already...

>>11766354
Hmm are you suggesting that we should Fork Christianity and/or all religions?

>>11766335
Yeah a gold standard WITHOUT a central bank. Central banks are illegal too know you?

We left Europe for America to get rid of the bankin cabal and the rothschilds followed us and Andrew Jackson crushed the Jews in 1832. Then they came back in 1913

>>11766396
Another poster already said it:

Gold/Metals
Crypto
Paper Notes

The TRIANGLE of monetary STRUCTURE
That will ensure financial freedom
for centuries.

Not one
Not the other
But the Fusion of all.

AND FUCK YOU IF YOU"RE NOT DOWN WITH SATOSHI BIJIN

>>11766396
>what is a mint

bitcoin is better than a gold standard because it's governance is by proof of work not democracy
you know the reason you fought the english: no taxation without representation?

>>11765936
wtf do you mean you didn't split your coins? Wouldn't this trash be split anyway? I have BCH, I would get the 2 shitcoins after the fork no?

>>11766354
very nice analogy

Except BCHABC is literally dumping now.

Target - $100

>>11765775
FUCKING BUY XRP AND STOP COMPLAINING

>>11766466
Poloniex had a "split coin" feature to trade futures

JUST

>>11765775
trading hasn't resumed and this will be longer battle, check back 2 weeks in.
I believe in peak performance boomer.

>>11766510
thanks bitmain for shitting on the real bitcoin for their centralized checkpointed chinkcoin.

Enough said. Image speak for it self.

>>11766561
>>11766576
read white-paper. Mining will be left to only few specialized miners, who would rather play by the rules or try and fuck shit up.

>>11766594
LEL, losing money boy?
Just HODL till death. next week -80% just wait and see.

>>11765818
why lost? war isnt over yet, pussy. enjoy the show.

>>11766458
I'm not saying crypto is shit. But gold is real. It is STORED ECONOMIC ENERGY

>>11766605
most of exchanges still have frozen trading. I am not blind supporter, but I think things could get interesting.

>>11766608
The war is over. SV has won.

>>11766617
What do you think will happen when Exchanges resume trading and allow trading in SV? This is B2X part2. . CSW is a 0.0

>>11766354

Jesus wasn't anonymous, while Satoshi remained anonymous. When money is involved, anonymity is usually associated with fraud and scams.

>>11766632
you think SV will get blocked on exchanges? Well anyways, I'll probably try to pick up some SV at low prices, there was huge interest in SV.

>>11765834
It was a fucking white paper. Those spastics don't understand it's a first step and needs to be improved if possible.
Even satoshi themselves modified aspects of ecash and hashcash.
These muh satoshis vision faggots probably still travel on horse according to their logic.

>>11765909
>>11765936
>>11765959
>>11765967

Checkpoints are nothing new and Ethereum is using them for PoS. other coins have used checkpoints for years. Where the fuck have you been?

>>11766688
Even BTC (Bitcoin Crippled) has been using these for ages. Nothing wrong with checkpoints, even Satoshi spoke about them.

>>11766662
No, I don't think it will get blocked at exchanges. But people will dump. They are actually already dumping. Prove me wrong. If there was so much interest in this shit from CSW then price would be trading above all time high not near all time low. This is a fact!

>>11766723
I don't have proof, I am just saying what my bet will be

>>11766741
>>11766723
If people dump, I buy.

>>11766741
If you want to bet go to a casino. Seems you don't like money.

>>11765818
>i believe original protocol should be locked
why don't we go back to sleds instead of wheels?
who needs innovation and progress?

>>11766723
Its actually the opposite. You should buy now!

>>11766688
Fuck you, you deceptive piece of shit

They were used to protect blocks that werent contentious, not as tools to stop nakamoto consensus (governance by work) when there are genuine disagreements like implementing things that werent in the whitepaper like abc is doing.

Its not over yet and if centralised dev implemented checkpoints can stop consensus being arrived at via proof of work bitcoin was nwver going to work

>>11766764
Make an alt coin ffs then.

The reason you fucks are hellbent on having 2000 cryptocurrencies and not 1 defined by the whitepaper is because the whitepaper got it right

prepare your buttholes

both coins will dump

>>11766766
Ever heard of this? "Fake it till you make it"
That's the CSW strategy. You buy he sells to you. Wake up man!

>>11765801
this is what made me not support it
>marketing for the chinks
fuck off craig

SV starting to gain on ABC again. bitcoin.com hash appears to have returned to BTC.

>>11766779
no i'm a bitcoin maximalist nigga, i just don't think there is a way for a piece of software to be perfect for release. software products and systems have a natural evolution you can't just fucking force a lid on.

>>11766844
Bullshit. Show us proof.

>>11766844
well 24 hours didn't even pass so that would be weird

>>11766852
https://cash.coin.dance/
SV was 54 blocks or so behind earlier.

>>11766850
The only thing that matters is the economics, which are good. If youre interested in software build in script.

Fucking neckbeard, psuedointellectual developers fuck up everything they touch

>>11766795
wow, ABC cucks full on damage-control, now that they know they lost.

Join the Chad SV.

>>11766880
>If youre interested in software build in script.
nigga i hate to tell you you are utterly clueless scripts are run by an interpreter you don't build them.

>>11766878
before the end of the day abc will be 100 or so blocks ahead. even if craig can maintain a majority of hashpower to catch up with that, while the main chain is being kept mined by the rest of miners would take a year minimum assuming he can and in case he tries a catastrophic reorg down the years all it takes is a minor change in the abc clients to reject it which the community would presumably go for. it's distasteful but so is the alternative. bch already ignored the nakamoto consensus at birth i don't see no reason they won't repeat it.

>actually calling it satoshi's vision
credit to them for making it an obvious scam i guess

>>11766912
It's hard to predict, if he can disrupt BCHABC transactions for a while the price will dump and miners won't be willing to mine it at a loss. While SV hash stays regardless of price.

>>11765775
>trusting a man who larps as satoshi
we fucking WARNED you but you wouldnt listen, you called us shills and cucks and jerked off about how "redpilled" you were

You made this bed, now sleep in it.

AAAAANNNND its pumping

I was brainlet to think that both coins would cost at least the same

Another loss

SV still gaining for some reason, -45 blocks now.

>>11765818
Maybe if all you dumb faggots realized using using crypto as an actual currency is the most worthless, stupid usecase it has, you would stop crashing the crypto markets with all your gay forks. Fucking currency coins are literally cancer.

>>11765818
bcash is a dying clusterfuck, bitcoin is BTC as always - and you are a dumbfuck.

>>11767102
they also started mining tiny blocks a few hours ago.

>>11767171
You a fucking 1MB mong w/ 56K dialup?

BSV just getting manipulated.

Once things are settled, BCH will be the victor.

>>11767207
sv mining 5 kbyte blocks nigga 56k would be an upgrade

who else
>bought-high
>sold-low
-12%

>>11766616
no you see gold is an iou because all money is an iou crpyto also.

>>11766623
lol by what measure come on they have been beaten so bad it hurts to watch.

>>11766770
I never said anything about consensus you mong.

>>11767207
nope. I'm just calling you out for being a complete dumbfucking retard for pretending that your cherished bcash is bitcoin. you delusional bcash dumbfucks are disconnected from reality and annoying as fuck, and your cult mentality is resulting in the clusterfuck that is bcash.

>>11767288

STIFFED

https://instaud.io/2Vqb

>>11767256
You implied there was nothing wrong with abcs use of a checkpoint as a tool in a hashwar
It's shit because if we want governance by something other than proof of work we can buy ripple

>>11765775
Never go all in on someone saying they're going to take control of a chain by brute force and acting like a complete asshole at the same time, not even justifying the reasons for their technical decisions.
It was pretty obvious this was going to fail. If this were to be done properly it should have been done the way BCH originally split from BTC, clearly laying out the case for why the path the BTC team was taking is flatly wrong, and saying in order to preserve the provably correct and original roadmap, their minority chain will be abandoned and all mining will happen on the new chain only. If it comes right down to it, they should have been the ones forced to fork away.
The miners fought this war perfectly and had just cause, but last time they had just cause and just completely pussied out.
Until BTC is shitcanned, all of this is up in the air.

Told you fags he's a LARPer now buy XRP

>>11765775
I like how CSW said that Bitcoin needs to conform to all existing legal requirements in the world and that hashpower is the extension of governmental political power and will be used to lawfully eradicate all other shitcoins in crypto.

>>11767611
what business is going to invest in something that is illegal?

>>11767587
>Until BTC is shitcanned, all of this is up in the air.
This.
Also, it's possible Craig was/is playing another angle - to force BTC hashing power across to BCH post-BTC's difficulty adjustment.
I don't think Craig is Satoshi (zero evidence and evidence doctored) but I don't think he's a complete moron in every respect. If Blockstream (or Alphabets via co-option when his house was raided in 2015), I'd expect them to execute this with a little more tact.
From an Alphabet's viewpoint, if BCH did become the predominant crypto, it'd probably further weaken the US's economy while strengthening China's. Bitmain's holding of BCH was near 1M - that's approx 1/17 of the available supply. Add to it that they probably also control more hashpower (and the means of producing that hashpower), there's good reason why Alphabet's would need to get involved in the crypto scene. Russia's exchanging USD reserves for Gold. It signals that something is incoming.

>>11767623
The true laws are logic, mathematics, thermodynamics, and such. An immutable historical ledger conforms to these laws, though it is incompatible with governmental law, which applies only to certain entitities, unevenly between regions and jurisdiction, and subject to the whims of those who exert influence upon legislature.

>>11765801
It's absolutely fucking retarded, exactly as expected from fake satoshi. This dude has absolutely no self awareness

That "inadequate" post was based AF, there's no better word to describe that loathesome cunt

>>11767693
>incompatible with government law
And that’s all that matters

>>11767855
"Inadequate" post?

>>11765775
You guys complain about PoSM but your idol Faketoshi is all about bullshitting on social media.

In fact the war was already decided one month ago when Roger et al. secretly got together to devise their defense. No social media at all, just high quality OPSEC silence.

Feel free to sell all your BUABC coins for people who want them, and follow your PoSM god.

>>11767693
>be you
>rob a store
>get caught
>The true laws are logic, mathematics, thermodynamics, and such. An immutable historical ledger conforms to these laws, though it is incompatible with governmental law, which applies only to certain entitities, unevenly between regions and jurisdiction, and subject to the whims of those who exert influence upon legislature.

>>11767882
At a guess he means >>11755730
It stuck in my head too. We have some surprisingly astute and well place anons here among the derps it seems.

AAAAAAAAAAAAAAAAAAAAAAAAAANNNDDDD it's dumping. LEL

>>11765993
>Satoshi would be doing the exact same thing.
then you don't know bitcoin


>The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime.

https://satoshi.nakamotoinstitute.org/posts/bitcointalk/126/#selection-29.0-29.128

>>11766554
a tip o' the ol' sip to you as well my good friend

>>11766623
? They are 30 blocks behind..

>>11769383
They are losing on purpose to keep SV cheap and accumulate.
All the retards are dumping their SV coins like retards.
Retards that are dumping their SV coins will lose everything.

THINK GAME THEORY
THINK ABOUT MINERS
WHAT MAKES SENSE?

EVERYONE IS GETTING PLAYED BY CHADSV
EVERYONE IS IN ON IT.
JIHAN IS IN ON IT
ROGER IS IN ON IT
THEY ARE BEING CHAD CAPITALIST AS FUCK
AND YOU ARE GETTING POOPED ON

ACCUMULATE SV OR DIE

If Bitcoin is as important as everyone says then laws should change to accommodate it.
Not the other way around.

>>11769443
I don't think Jihan is in on it, Craig genuinely hates him and he betrayed the proto-BCH faction during the scaling debate.
I could believe that Roger is potentially on Satoshi's side because his alliance with ABC doesn't make much sense to me, but what would be the gain for having him be a double agent? His hash would be better attacking ABC not defending it.

>>11769840
Jihan didn't betray anyone
He set up the fork to actually happen which is what they wanted all along.

They WANTED the BCH/BTC split because it gave them a whole year to accumulate more coins.
They are doing the exact same thing right now.

Honestly they keep talking about 'hard money' 'no inflation' but then they keep splitting the coin and deceiving people in order to accumulate more and more of it.

This is probably the last time though.
Maybe
Who knows

Same playbook tho
Their rationalization about this is that 'bitcoin is an iq test'

mmm
we will see what happens
but this hashwar has left a bad taste in my mouth
its not a real war
its just miners and whales getting richer again

>>11769877
Look at Jihan he has 1,000,000 BCH right now
Who knows how many BCHSV he will have whe this is over

They wanted this split
They wanted the last split

It's all just a game to them
You can do a few things

1) Follow
2) Do nothing
3) Lose

But either way, its still a game and you're still getting played

Are you ok

>>11765869
It took ~25 years before the internet became ubiquitous, you're just too young and short sighted to see that we are still on the bottom floor of the market.

>>11769938
Depends on whether they use bitcoin to enslave humanity or not
its leaning towards yes right now

>>11769877
>Jihan
As someone who has actually spoken with Jihan and knows his motivations, all I can say is it's pretty hilarious nobody on SV side understands him at all and treats him as such a boogeyman.

Here's a fun factoid: Jihan did not contribute not a single hash to defending ABC.

>>11767288
Imagine being this salty about a bunch of business-oriented nerds crunching numbers in a basement/warehouse.

>>11769982
It wouldn't matter even if he did or didn't
They are all working together to accumulate more coins
Its that simple


First there was just Bitcoin
It was released in esoteric internet corners so that only smart people could get some
Then it got too popular and too many retards got rich

Then they split BCH/BTC and made it so that only smart people understood the difference
They spent a year accumulating more and more and keeping the price low to let smart people accumulate

Then they created a fake hashwar between ABC/SV (which are both controlled by the same group from the top, the government).
Only smart people are supposed to understand that SV is the winner, and this gives smart people mroe time to accumulate yet again.

Miners and whales are greedy, look at the game they are in, and the struggle they are having to stay profitable, they will always do whatever they can to get more coins, even if it means this.

But make no mistake, they are all completely controlled by the same group at the top.
Its a chess game where there is only 1 player and everyone else getting played.

f
But it is useful to realize this, to understand the futility of caring, because this is exactly how the world itself has been run for thousands of years.
Enjoy.

>>11765775
you sure did imbecile, use your head next time you buy trash shitcoins

>>11770055
Roger wants to free the world of authorities, Craig shits on anarchists and wants to kill all coins except his own, Jihan wants a bunch of coins because he makes money by selling miners, they have different motivations, Roger and Craig aren't only guided by profit though, at some point it doesn't matter that much whether you're worth 50 billions or 500 billions

>>11770171
They are all just different characters in the show appealing to different fan groups

Roger: appeals to libertarian anarchist types
CSW: appeals to Trump chan types
Jihan: appeals to business sense and asians

Like I said they are all controlled from the same group at the top: the government

take this redpill and learn to enjoy your own life instead of keeping up with the machinations of others.

Bitcoin is going to form part of the backbone of the new financial system for the world.
You thought this would be left up to chance?
Oh btw, every single transaction can be traced and the blokchcain means that they will exist forever.
Good luck.

>>11770193
....SOOO should I buy ABC or SV?

>>11770292
If you have to ask after everything I said then are proving them right for doing what they have done.

>>11766764
I think csws analogy was more like bitcoin is the wheel and you build on top of that. You dont reinvent the wheel

>>11770357
Yup that's why my car uses stone wheels chiseled in 4000BC by grug himself

>>11770193
> Like I said they are all controlled from the same group at the top: the government
Yeah, the fuckers he was sent to prison because he called out are definitely pulling his strings. He puts up with endless amounts of bullshit in the space acting as a puppet because of his endless dedication to said puppetmasters. He for sure loves big brother.
This is the exact opposite of the truth. Everything he has ever said or done is 100% in line with his being a genuine anarchocapitalist who wants to see the state and central banks of the world destroyed. Nothing doesn't fit with that at all. And when you hear that washed up fuckhead wright talk about him, he even says exactly that.
Ver has been one of the most consistent and reliable figures in crypto. For those of us who want to destroy the state, he is a useful schelling point to responding to complex minutae given that perspective.

>>11770386
There's more than one government
The one that arrested him is one
The one gaining power now is another
I'm not complaining or saying its a bad thing
Did you see what the BCH community looks like? Its a bunch of young idealistic kids
If they ran BCH for real it would die

This is the only way
I'm just trying to open your eyes
idk if thats possible tho

Ver was probably recruited at some point
Or maybe he was connected since young
who knows

I'm not saying hes lying

>>11770410
I don't care which psychopath is coverting political authority, I want them all dead. And nothing will stop me until I see it through.

>>11770559
I am speaking metaphysically of course. Dead in their capacity as parasitical aggressors on the rest of humankind. Not dead literally. But while we keep resorting to physical war as a dispute resolution mechanism, humanity is in at constant risk of self annihilation, which is an existential threat.
This is the real promise of cryptocurrencies, and I am glad to see the hash war between ABC and SV produced a clear and indisputable winner. It speaks well of this method for dispute resolution without recourse to physical violence in the future.

>>11770559
>>11770775
You will be broken.
As it should be.

>>11766123
What?! Sonic doesn't look like that.

>>11770818
You will try.
As it must be.

What the hell is the deal with the price on polo vs binance? Is this just jihan dumping as usual?

>>11769968
>enslave humanity
its a free country. if you didn't get bitcoin when it was dirt cheap, or after the first boom, you're fucking gay.