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/biz/ - Business & Finance


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13933145 No.13933145 [Reply] [Original]

BTC, BCH and BSV fags get in here. It's time to think about what we're truly involved in. Maybe we can help eachother actually get a clearer understanding of things. First things first, BTC is now a store of value. BCH is a currency and a store of value. BSV is a currency without a store of value.

>> No.13933308
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13933308

>BTC is now a store of value
>BCH is a currency and a store of value

This is nonsense, how can something with no value be a store of value?

There can only be one Bitcoin, all others will fail, those that will fail have no value

BTC will lose because the network is crippled, it can never properly be used as originally intended, and the Lightning Network is fundamentally broken and useless

BCH will lose because it would get shut down if it ever took off, data sig verify makes it illegal, it's as simple as that

BSV will win because it has the highest utility and is the only Bitcoin that is legal and companies will adopt, the protocol is set in stone unlike BTC and BCH to ensure stability for 100+ years

>> No.13933330

Now that people are starting to take notice that BSV is coming for other coins throats, is this some kind of new talking point in which the other coins attempt to bargain their way out of the dustbin?

>> No.13933338

>>13933308
Even if bsv wins, it's not a store of value and thus it won't "win". It will need something else to act as the store value. That means either gold or BTC will be what actually moons in that event.

>> No.13933344
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13933344

Ever notice how all the arguments against BSV are just attacks on Craig Wright? You have no arguments, BSV is literally the perfect protocol, it's what Bitcoin was always intended to be

"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." - Satoshi Nakamoto

>> No.13933350

>>13933338
gold is a store of value
BTC is the new XRP

>> No.13933358

>>13933145
look dumbass core tried to cripple bitcoin with a blocksize limit in order to build a solution to a problem they manufactured. bcash is not even worth mentioning.

>> No.13933361

>>13933330
I own all three plus litecoin and some gold. I was just hoping to have a discussion outside of the BS arguments that we always here.

>> No.13933376

>>13933358
And craig said that inactive coins can be "mined". That means he wants to strip the store value function off of BSV.

>> No.13933377

>>13933145
you dont ever see bch shills on biz, only a million bsv pajeets. together with the link shills you really see the distortion of reality that is dominant on this board. at least link is a half-way legitimate project. bsv are retards with money (ayre is so fucking low iq its funny) trying to either be relevant or scam even bigger retards, i havent figured that out.

>> No.13933410
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13933410

>>13933338
>Even if bsv wins, it's not a store of value and thus it won't "win". It will need something else to act as the store value. That means either gold or BTC will be what actually moons in that event.

Bitcoin only has value as a side effect of its utility being valuable, not simply that fact that you can HODL it, BTC has extremely limited utility and therefore can never have real value.

>> No.13933414

>>13933377
The strangest thing I've noticed about bsv is it's connection to what is essentially the anglo empire. It's main figureheads are from former british colonies and nChain is centered in the UK currently.

>> No.13933439

>>13933344
if satoshi meant the protocol should not be changed he would have written that, however the consensus of the network decides whether protocol changes are accepted or not, you actual brainlet. whereas changing the core design would break btc and thus satoshi saying it was set in stone as a fact, not how it should be.

>> No.13933456
File: 153 KB, 961x721, goldbar.jpg [View same] [iqdb] [saucenao] [google]
13933456

>>13933376
Literally just move your coins once every 50 years and you'll be fine

Treasure hunting by mining inactive addresses is perfectly acceptable (this wont be possible for at least decades)

>> No.13933479

>>13933410
That could be true. It's essentially a gated investment. If BSV wins though it'll need an instrument to act as a store of value though. So it would most likely be BTC or gold. BCH will be highly deflationary if it could be used in a larger scale.

>> No.13933485

>>13933439
>if satoshi meant the protocol should not be changed he would have written that

He did

>however the consensus of the network decides whether protocol changes are accepted or not, you actual brainlet.

This was always intended to be for network upgrades or emergency bug fixes

>whereas changing the core design would break btc and thus satoshi saying it was set in stone as a fact, not how it should be.

"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." - Satoshi Nakamoto

>> No.13933509

>>13933456
I kinda doubt they meant that in the way you're perceiving it. The concept they're alluding to is known as a demurrage currency or also known as freigeld.

https://en.wikipedia.org/wiki/Freigeld

>> No.13933517

>>13933479
you are an obvious bcash shill. i at least hold core because of its network effects but bcash? lmao

>> No.13933529

>>13933308
you do realize schnor transactions are optional right? bsv isnt monero where everything is hidden by default. bch can still operate within the law. in fact schnor sigs were needed for tokenization and smart constracts. bsv will never have either of those. also schnor sigs were implemented in the last fork and so far bch is still live on coinbase. government doesn't seem to give a shit.

>> No.13933554

>>13933517
I actually own all three, plus litecoin and some gold. I don't put all my eggs in one basket. It just dawned on me earlier though that the dynamic between these three is different than what I initially thought.

>> No.13933556

>>13933479
>If BSV wins though it'll need an instrument to act as a store of value though. So it would most likely be BTC or gold.

What on earth does BTC have that makes it a store of value that BSV doesn't have? It's literally crippled and useless, you've been fed propaganda for years by the people who crippled it

>BCH will be highly deflationary if it could be used in a larger scale.

A currency with a fixed total quantity cannot ever be inflationary or deflationary

>> No.13933565

I hodl one of each and plan on financing my permaNEEThood by selling LTC, XMR, and ETH.

>> No.13933579

>>13933308
>how can something with no value be a store of value?
Nothing has inherent value. Something only becomes valuable if large groups of people agree that it has value.

>> No.13933588

>>13933556
It could be a secondary coin that can't be mined if you leave sitting in a wallet. Thus it could potentially be a store of value.

>> No.13933602

>>13933529
DSV opens up the possibilites for illegal bucket shops and illegal assassination markets inside the BCH code, that makes the miners of BCH liable

The BSV miners are immune to whatever happens on the BSV blockchain because the protocol itself is legal, everything built on BSV is built on top of the network not inside it

>> No.13933627

>>13933529
>government doesn't seem to give a shit.
Because white paper hasn't patented yet.

>> No.13933629

>>13933565
Yeah I agree. It's a pretty close race between BSV and BCH so far. BSV has been striving to catch up for sure.

>> No.13933631 [DELETED] 

>>13933579
Exactly, value is subjective, only BSV can achieve mass adoption, the crippled nature of BTC and the illegal nature of BCH proclude those two from mass adoption

>> No.13933645

>>13933579
Exactly, value is subjective, only BSV can achieve mass adoption, the crippled nature of BTC and the illegal nature of BCH preclude them from mass adoption

>> No.13933658

>>13933588
>It could be a secondary coin that can't be mined if you leave sitting in a wallet. Thus it could potentially be a store of value.

Why would anyone want to buy it from you? Use your brain

>> No.13933693

>>13933602
>DSV opens up the possibilites for illegal bucket shops and illegal assassination markets inside the BCH code, that makes the miners of BCH liable
I bet this is something you heard from Craig. It's exactly the kind of delusional shit he says and then hysterically denies he ever said 2 months later.

>> No.13933698

>>13933658
If bsv wins, and is made into a demurrage currency, you will lose your value by holding onto bsv. From what I can gather, that thing where it was said that inactive wallets can be mined, was a nod to it not being a store of value. I don't know for sure though. That's why I'm trying to see what the other people think.

>> No.13933826

>>13933485
>"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." - Satoshi Nakamoto
>whereas changing the core design would break btc and thus satoshi saying it was set in stone as a fact, not how it should be.

please read his sentence and my explanation until you understand it, might require basic english so maybe ask the faggot you shill for further training

>> No.13933848

>>13933693
Bitcoin was carefully designed to be legal and conform to legislation, it's why it's still around today, by opening up the code for developers to play around with you ruin that perfect design, OP_DATASIGVERIFY added by BCH developers makes Bitcoin illegal

https://coingeek.com/legal-risks-adding-op_datasigverify-bch-protocol/

>> No.13933850

>>13933602
pretty sure hitman can be paid in bsv as well... in fact when paying for illegal goods and services nothing beats good old untraceable cash.

>> No.13933917

>>13933145
Wrong af

BSV metanet has more useful uses than anything

Infact the more it's used the more value

It is a store of value dip shot

>> No.13933941

>>13933850
>pretty sure hitman can be paid in bsv as well...

They can be paid in USD, EUR and GBP too

>in fact when paying for illegal goods and services nothing beats good old untraceable cash.

Bitcoin keeps an immutable record of all transactions, you have no idea what you're talking about

>> No.13933950

>>13933850
Yeah but an immutable ledger will lead back to the tx and they will be accountable for the deed

>> No.13933966
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13933966

I noticed this a few weeks ago, the full time shills employed by the government abandoned defending Blockstream and attacking crypto in general and moved to promote BSV. This is going to be beautiful to watch.

>> No.13933989

>>13933917
You don't understand what I'm saying.

>> No.13933995

>>13933698
>From what I can gather, that thing where it was said that inactive wallets can be mined
Such an obvious pilpul

>> No.13934001

>>13933308
BTC will win because the richest people owns it and want it to win, and Lightning Network is just one of many solutions.

BTC can be use to back other things, like banks, or tokens, through smart contracts. It doesn't need to move to back those other things. There is going to be an EOS based scaling solution for BTC for example, backed by almost 200k BTC owned by B1.

>> No.13934003

>>13933848
>Bitcoin was carefully designed to be legal
No it wasn't, to begin with every authority considered it illegal just like e-gold which was shut down in 2008. The ENTIRE POINT was to make a decentralized currency so government couldn't shut it down, at least not easily. Every single thing Craig has ever said is bullshit.

If you're against things like decentralized gambling and "bucket shops" which were always obvious results of the technology you're nothing but a government shill working to destroy crypto.

>> No.13934033

>>13933995
Well then if bsv wins. hoard the shit out of it. I'm not trying to convince you, I'm asking people if they think that demurrage the point of what they meant by wallet mining.

>> No.13934052
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13934052

>>13934003
>No it wasn't, to begin with every authority considered it illegal just like e-gold which was shut down in 2008. The ENTIRE POINT was to make a decentralized currency so government couldn't shut it down, at least not easily.

(Forum poster) "The developers expect that this will result in a stable-with-respect-to-energy currency outside the reach of any government."

-- I am definitely not making an such taunt or assertion. (Satoshi Nakamoto)

>> No.13934055

>>13934001
they aren't rich they are mostly early adopters who held and a few bigshot investors. it's literally just the same whales shuffling coins around in a cricle pretending theirs a market. it's all fake volume. in fact any real tx is being offloaded onto bch because not even btc whales are dumb enough to pay those outrageous fees.

>> No.13934069

>>13934001
>>13934001
>BTC will win because the richest people owns it and want it to wi
That's wishful thinking. Practicaly all the OGs I know moved to other coins.

>> No.13934093

>>13933941
can't tell if braindead or just really bad at reading comprehension.

>> No.13934108
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13934108

>>13933698
If Google used all their current technology to mine your address it would take them 104 years, if you moved your Bitcoin 1 year before 2123 they would have to start all over again, don't be an imbecile

>> No.13934117

>>13934052
>i'm not taunting authorities to shut it down
In your delusional schizo mind this means something completely different. The fact is Bitcoin would have been shut down like e-gold if not for the decentralized mining spread across the world. Facts don't matter to you only braindead fantasies. I don't hate you because you like big blocks or whatever. I despise you because you're a cancer spreading delusions.

>> No.13934129

>>13934093
Bitcoin is not untraceable, it's not designed to be, it's private not anonymous, what don't you understand?

>> No.13934137

>>13934003
why is everyone so obsessed with the word decentralized? if you mean decentralization of power you are incredibly naive. if anything has value be it a country, technology whatever, someone will ALWAYS try to control it. the difference is the direction of leadership

>> No.13934140

>>13934033
>what they meant by wallet mining
Read what craig said, not what some core coiner wants you to believe he said. If you don't have the ability to think for yourself and do your own research you will not last very long in this space. You will go bankrupt

>> No.13934150

>>13934129
never said it was dude. again. i think your reading comprehension just sucks...

>> No.13934159

>>13933941
Why do you still argue with those low IQ brainlets here? They obviously have no idea what they are talking about. What the fuck is the obsession with StoRe oF VaLuE.
Reading this thread confirmed my investment decision to go all in BSV

>> No.13934172
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13934172

>>13934117
>In your delusional schizo mind this means something completely different. The fact is Bitcoin would have been shut down like e-gold if not for the decentralized mining spread across the world. Facts don't matter to you only braindead fantasies. I don't hate you because you like big blocks or whatever. I despise you because you're a cancer spreading delusions.

>> No.13934187

>>13933308
Cringe.

>> No.13934196
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13934196

>>13934150

>> No.13934210

>>13933966
BSV glows like a radiated asshole of the people of Hiroshima. The way I see it is the CIA started bitcoin. It grew in popularity which was not expected or at least much faster. Bunch of new developers get involved and essentially push the CIAs influence out of their own creation. Now they can either launch a staggering campaign to reign control over the developers, which would be absurdly risky on their end, or they can use their puppet CSW as well as the full legal force of the U.S. government to ensure their coin dominates. Notice how once the 'individual number one' link became clear CSW started shilling BSV as the government friendly coin?

>> No.13934218

>>13934069
Funny, practically all the OGs I know currently moved out of other coins to BTC.

>> No.13934222

>>13934210
FUCK THE SYSTEM!!!!!

>> No.13934233

It’s pretty obvious that very few of you paid any attention to the CoinGeek conference, during which the BSV price doubled

People actually excited to build real shit on top of a stable protocol

Good fucking luck trying any of that with BTC or shitcoins that can’t scale

And if you shill against the conference your opinion is less than worthless

UptimeSV (Hackathon winners) is a more useful application (and further along) than 99% of other coins lol

>> No.13934244

>>13934159
For every 1 poster there are probably 10 lurkers, I want to reach out and help the people who aren't low IQ brainlets

>> No.13934247

>>13934108
Honestly I'm not sure what you mean. He didn't exactly state how they'd access your wallet anyhow. It just seemed like an odd thing to suggest. If he just meant mining what are potentially lost coins then I'm not against what he said.

>> No.13934251
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13934251

>>13934069
Smart OGs are still in BTC which is why over 20% of all bitcoins haven't moved in over 5.5 years
And over 50% of all bitcoins haven't moved in over 1.5 years
https://bitinfocharts.com/top-100-dormant_1y-bitcoin-addresses.html
https://bitinfocharts.com/top-100-dormant_5y-bitcoin-addresses.html
https://www.newsbtc.com/2019/01/10/bitcoin-supply-lost-forever/

Also always the most value moved daily
https://bitinfocharts.com/comparison/sentinusd-btc.html

Also the most transactions and most active addresses daily
https://bitinfocharts.com/comparison/bitcoin-transactions.html
https://bitinfocharts.com/comparison/sentbyaddress-btc.html

Also the most secure with the highest hash rate by far
https://bitinfocharts.com/comparison/bitcoin-hashrate.html

>> No.13934255

>>13934196
lol you think a wallet address means anything?. i can generate a bsv paper wallet right not and accept bsv for all kinds of illegal shit. and i can sell the wallet itself or even the coins if i want.

you bsv tards are delusional.

>> No.13934263

>>13934137
It's the only fucking thing the technology offers. If you're into "crypto" but don't care about the decentralization aspect you couldn't be more retarded. It's the only aspect.
>>13934172
>more braindead cancer
Liberty Reserve was just a company running a database. Saying it's equivalent means you either have Downs syndrome or are lying.

>> No.13934269

>>13934210
Yes and the earth is flat and Zuckerberg is the king of the lizard people.

>> No.13934280

>>13934140
Well I haven't gone bankrupt yet, so I guess I'm doin alright.

>> No.13934311

>>13934263
just curious whats your definition of decentralized

>> No.13934345

>>13934311
I'll answer for him:
Something decentralised is censor resistant, and and by definition, there is no crypto truly decentralised nor can be. There is, tho, less and more secure. The more hashing power, the more secure.

>> No.13934348

>>13934251
>Smart OGs are still in BTC which is why over 20% of all bitcoins haven't moved in over 5.5 years

Most likely lost coins from early wallets

>>13934255
>lol you think a wallet address means anything?. i can generate a bsv paper wallet right not and accept bsv for all kinds of illegal shit. and i can sell the wallet itself or even the coins if i want.
>you bsv tards are delusional.

Everything you do on the blockchain is recorded forever permanently and can be eventually traced back to you and that evidence used in court, you'd have to be very stupid to use Bitcoin for illegal activity, keep doing it and live on borrowed time

>> No.13934366

>>13934247
o think hes talking about a quantim computer brute forcing private keys. theoretically if you have such a device you could generate trillions of random keys per second. at that point crypto itself may become obsolete or everything would have to switch to sha1024 or whatever the biggest sha is...

>> No.13934375
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13934375

>>13934263
>If you're into "crypto" but don't care about the decentralization aspect you couldn't be more retarded. It's the only aspect.

>> No.13934388

>>13934348
>Most likely lost coins from early wallets
Many of those wallets still get deposits over the years, including this year. They just never withdraw
I do the same, I've been holding since 2015 and still buy with extra money when I get paid, but I've still never sold any

>> No.13934387

>>13934348
good luck proving a wallet is mine. keep in mind im talking about paper wallets and not kyc exchange wallets.

paper wallets are not traceable unless your a retard.

>> No.13934408

>>13934003
If satoshi wanted btc to be anonymous he would have made it so

>> No.13934410

>>13934345
It's mainly about decentralization of power. Get this in your head as quick as possible.

If you have 5 autistic developers who decide on protocol changes --> no decentralization, no matter how many nodes your networks has

If your protocol is fixed --> truely decentraliszed because nobody can alter it for their greedy self interest.

>> No.13934417

>>13933410
> BTC has extremely limited utility
are you somehow retarded?

>> No.13934425

>>13934269
> Post doubting me is radioactive color
It's all so tiresome.

>> No.13934427
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13934427

>>13934210
fuck off retard, creg is NSA, cia are rothschild's private kid fucking police. creg is gonna btfo the cia. next talking point shill.

>> No.13934437

>>13934311
Resistant to central control and shutdown. By operating in multiple countries Liberty Reserve had a tiny bit of resistance to shutdown that was easily countered. In the case of BTC even if a miner controls more than 50% any attempt to misuse that power will be countered by the system. Even though most miners are now in China in practice a government can't just seize mining equipment and shut down BTC. Decentralization is the only reason crypto hasn't been shut down and the only added value the technology brings to the table.

According to all governments crypto was illegal fake money until some conceded with legislation because they knew they couldn't stop it.

>> No.13934456

>>13934247
he's said it other times in the best. the best thing about cryptography is "it breaks" every x years you lose a bit of security. in some time in the future lost coins will become mineable again.

>> No.13934464

>>13934408
by that logic satoshi didn't want it to scale either or he would have given us bigger blocks from the start. satoshi was just a man. he wasnt perfect and neither was his code. he was genious enough to create the blockchain but not smart enough to to forsee his tiny blocks wouldn't meet tx demand.

>> No.13934465

>>13934345
right. so basically it boils down to miners correct? now how does non mining nodes secure the network? they dont. its unironically all about the incentivization of miners. the more skin in the game the more they are incentizied. of course hash favors btc but only because the price is high. miners follow price

>> No.13934490

>>13934408
That's not relevant to anything I said. Allowing hidden transactions in the first iteration of an experimental protocol would have resulted in a protocol that nobody trusted. There are many use cases for completely public ledgers but also for hidden ones.

>> No.13934508

>>13934437
>Resistant to central control
literally name one coin that is resistant to central control

>> No.13934510

>>13934417
BTC:
artificially crippled 1mb block cap
7 tx/second maximum
Currently a $4.37 fee right now to have your tx in the next block

BSV:
128mb block cap, 2gb next month, unlimited in Feb 2020
896 tx/second / 14,000 tx/second maximum respectively
$0.001 fee right now to have your tx in the next block

If you don't understand that you deserve to lose your money

>> No.13934519

>>13934465
That leads me to another question, the hash war. Does anybody know how/when/why someone wins the hashwar? Are there essentially some type of rules to that shit that brainlets like me don't understand?

>> No.13934540

>>13934437
>According to all governments crypto was illegal fake money until some conceded with legislation because they knew they couldn't stop it.

absolute propagandic nonsense

>> No.13934543

>>13934508
Every single one is more resistant than previous examples like Liberty Reserve or e-gold which were both coincidentally shut down. BTC is the most resistant which is why it's most valued.

>> No.13934564

>>13934464

“It never really hits a scale ceiling”

-Satoshi Nakamoto aka Dr Craig Wright

>> No.13934568

>>13934510
But is BTC truly stuck having to stay at 1mb? Couldn't they just switch over to big blocks and btfo the forks?

>> No.13934595

>>13934464
https://satoshi.nakamotoinstitute.org/posts/bitcointalk/485/
Here satoshi explains how block size could be increased
Craig Wright :”private but not anonymous”
Sounds a lot like the way satoshi designed btc

>> No.13934597

>>13934568
BTC is unforkable
that is why segwit is a soft fork
BTC miners will never fork to something that diminishes their profits

>> No.13934622

>>13934519
hash wars seem like they would go on for as long as bitcoin is alive. its not some huge event like some make it out to be

>> No.13934624

>>13934540
Absolute documented and unquestionable fact. If there was anyone to charge they would have charged them with operating an unlicensed financial transaction company. There was talk of charging miners but anyone who looked into it saw it was impractical. You're the one spreading propaganda you found in some blog last week while I'm recounting documented history. I don't follow any of this retarded shitcoin drama except through this board.

>> No.13934662

>>13934464
>by that logic satoshi didn't want it to scale either or he would have given us bigger blocks from the start. satoshi was just a man. he wasnt perfect and neither was his code. he was genious enough to create the blockchain but not smart enough to to forsee his tiny blocks wouldn't meet tx demand.

There was no block size cap when Bitcoin was released.

>> No.13934669
File: 169 KB, 791x791, lamer.jpg [View same] [iqdb] [saucenao] [google]
13934669

Even a 6 year old can understand why Creg Sanjay is an incompetent lamer:

>the Turing machine is like a simplistic programming language
>Turing completeness means something can act like a Turing machine
>one of its features is infinite loops
>without infinite loops you can't craft powerful algorithms and solve complex problems
>CSW doesn't know this because he never programmed
>CSW thinks this is no biggie
>literally changes the meaning of the word to fit his sales pitch
>promises to kill dapps with impotent garbage
>promises to kill crypto with lies

>> No.13934681

>>13934510
My database running on AWS:
No real upper limit on transactions per second. Only cost is hardware cost which is tiny because each transaction needs almost no effort.

Sell all your crypto and buy entries in my clearly superior database.

>> No.13934703

>>13934597
Blockstream will never do that, they are even talking about reducing the blocksize, even if they did BSV is way ahead of them - the BTC/BCH node software is single core CPU bound and can only handle 22mb/block, BSV can handle 1.423gb as shown on the testnet, BSV is one million miles ahead

>> No.13934723

>>13934597
I honestly don't understand. How can it not be forked when it's already been forked multiple times?

>>13934622
But can they even be won or is this all just to keep people betting on "their horse" in this race?

>> No.13934739

>>13934624
>If there was anyone to charge they would have charged them with operating an unlicensed financial transaction company. There was talk of charging miners but anyone who looked into it saw it was impractical.

What on earth are you talking about? Pure gibberish

>> No.13934746

>>13934703
>single core CPU bound
Nah, their all mined by the same equipment.

>> No.13934755
File: 316 KB, 1127x1015, 4Edl4Lm.png [View same] [iqdb] [saucenao] [google]
13934755

>be me
>create bsv brainwallet
>accept bsv as payment for illegal shit
>sell bsv walllet for cash
oh well. so much for your permissioned government bootlicker coin lmao.

>> No.13934785

>>13934755

BSV is so awesome that even its the anarchist haters can find it useful (if they’re not pussies and willing to accept the risk)

>> No.13934787

>>13934739
>What on earth are you talking about? Pure gibberish
Reality and the actual law would seem like gibberish to someone who actually swallows the shit Craig is selling.

>> No.13934826

>>13934723
well you need to lurk more and read up how things actually work
TL:DR
miners solve a problem
if problem is solved miners go and get translations that are waiting
then they broadcast a block (plain text file) that has the translations
all the miner machines do is to solve a problem that can only be solved by random trying of random combinations, these machines do not process translations
a blockchain is just a file on computer that can be updated in only one valid way

>> No.13934834

>>13934755
>be me
>create bsv brainwallet
>accept bsv as payment for illegal shit
>sell bsv walllet for cash

Why would anyone buy your obviously crime-involved coins instead of buying from an exchange?

Although I'm sure that the authorities would be very interested in your wallet and getting to know you better

>> No.13934838

smart people will be moving on and away from this trash

>> No.13934878

>>13934834
how would the buyer know where the coins came from? they can see tx data sure but they wont know for what purpose the initial exchange was for. those coins will then be used by the buyer and eventually go right back into circulation. not unlike fiat cash really.

>> No.13934887

>>13934826
That didn't answer anything I asked.

>> No.13934920

>>13934878
>how would the buyer know where the coins came from? they can see tx data sure but they wont know for what purpose the initial exchange was for.

It's obvious you're selling tainted coins if you're doing it in a shady way, a buyer wouldn't know but the authorities could be able to trace it, nobody wants to own a wallet involved in crime that can be easily traced

>> No.13934928

>>13934887
if you hard fork
that means to change the ((wallet)) that is running the netwrok
all nodes (the miners) are running a wallet the is following certain rules
if you propose a change in the wallet that is not in line with the interest of the miners, miners will not change over to the new wallet
you will have few miners that will update - and that new path will be called a fork

>> No.13934969
File: 527 KB, 500x500, just bought 100k.png [View same] [iqdb] [saucenao] [google]
13934969

The whole "we are the only law-obedient coin" thing is such a cheap sales pitch, holy shit. Literally pure marketing.

>> No.13934974

>>13934723
>I honestly don't understand. How can it not be forked when it's already been forked multiple times?
Sure it can. But you'll need a consensus and shit load of miners to agree upon the next hard fork. Because in order to fork, you'll need miners to generate new blocks for you newly bitcoin fork, and that is the hardest part and it is costly on this very secured blockchain (being that over 500k blocks height as we speak). Hence why the other anon says it cannot.

>> No.13934984
File: 999 KB, 245x179, cut it.gif [View same] [iqdb] [saucenao] [google]
13934984

Nice thread yall got going here

>> No.13934993

>>13934969
>The whole "we are the only law-obedient coin" thing is such a cheap sales pitch, holy shit. Literally pure marketing.

Do you enjoy prison?

>> No.13935005

>>13934920
yea but thats not going to be easy. now the cops have to work with the buyer who paid CASH for the tainted coins. that pretty much severs the link between buyer and seller right there. there is no way to prove a fiat cash transaction ever took place.

furthermore. if exchanges were to keep a list of blacklisted addresses thats a slippery slope. so much for freedom when any entity can decide your coins should be blacklisted and bankrupt you. thats a tyrancial governments wet dream.

>> No.13935022
File: 124 KB, 400x293, 1404854392571.jpg [View same] [iqdb] [saucenao] [google]
13935022

>>13934993
You won't get too far with slogans alone

>> No.13935043
File: 49 KB, 382x682, Snowden_CIA_NSA_traitor.png [View same] [iqdb] [saucenao] [google]
13935043

>>13934427
This. NSA and CIA are enemies, military white hats vs kike banker black hats. The Snowden revelations (he was former CIA) was an attempt from CIA to damage and hurt the NSA capabilities, as they realized that a faction was forming inside that was going to take down the kike world order. Why do you think Snowden had a fucking positive Hollywood movie made about him and promoted so much in mainstream media? OBVIOUS PSYOP

There's a shadow war going on behind the scenes for our world. Trump vs the Old Guard. the NSA is military intelligence asset which is under direct control of the Commander in Chief, why do you think he keeps winning, and seems to know everything.

>> No.13935049

>>13934681
Nobody cares if you have your own currency, nobody is going to use Bob-coin or Alice-coin or Jim-coin, there's only going to be one

>> No.13935071
File: 302 KB, 936x960, 1519789302567.jpg [View same] [iqdb] [saucenao] [google]
13935071

>>13935043
>copypasta from the BSV subreddit
You have to go back

>> No.13935088

>>13935005
yea but thats not going to be easy. now the cops have to work with the buyer who paid CASH for the tainted coins.

Or they can buy your coins with cash themselves, in a few days expect a loud banging noise on your door

>furthermore. if exchanges were to keep a list of blacklisted addresses thats a slippery slope. so much for freedom when any entity can decide your coins should be blacklisted and bankrupt you. thats a tyrancial governments wet dream.

Everyone is free to blacklist as they like, anyone can make a blacklist, not everyone is going to follow it but if the government does then people are most likely going to follow it aren't they

>> No.13935095

>>13934375
This is a strong argument actually. The word decentralized appears 0 times in the Bitcoin white paper. Yet it's the only thing BTC tards seems to obsess about, and use it as a red herring to prevent scaling.

>> No.13935108

>>13935022
If your coin is illegal say goodbye to business adoption

>> No.13935123
File: 82 KB, 1024x576, 09d164357f912f5572fb1801f12cad143ce9fab045482b0dfaaca9eae761422e.jpg [View same] [iqdb] [saucenao] [google]
13935123

>>13934410
Exactly this.

Bitcoin is only decentralized if nobody can change the protocol.

>> No.13935125

>>13935088
>not being able to spot an undercover cop a mile away
lmao

>> No.13935128

>>13935049
Right now as we speak there are thousands. There are more cryptos than there are government backed currencies.

>> No.13935155

>>13935125
Really want to take that risk? Enjoy sleeping at night when you know all your money can be seized as evidence

>>13935128
>Right now as we speak there are thousands. There are more cryptos than there are government backed currencies.

And they're all shitcoins, only BSV is money, enjoy owning Dentacoin and Feathercoin

>> No.13935165
File: 1.11 MB, 1019x760, 1555689555051.png [View same] [iqdb] [saucenao] [google]
13935165

>>13935108
You're regurgitating some faggots' marketing promises, that's what happens when you can only think in terms of slogans and sales pitch.

>> No.13935179

>>13935128
They will all consolidate into BSV. Some sooner some later but it is inevitable. With the current infrastructure on BSV you can already replace 90% of the shitcoins.

>> No.13935192

>>13935179
No one will "consolidate into BSV", it's not even Turing-complete to host dapps, and CSW is an incompetent scheming homo.

>> No.13935198

>>13935043
Take a look at snowden's glasses. for fucking years he had the little comfy nose rest thing missing. i'm sure you're not so on the run you can't get a new nose rest you four eyed fuck. isn't there a photo of him kicking it with zuckerberg as little kids? assange is zbignew brezinskis kid too. fucking circus.

>> No.13935204

>>13935155
I don't own any of those and no, bsv is not recognized as money. It has no legal code and it is not traded through forex. The cold hard reality is that there are thousands of different cryptos.

>> No.13935213

>>13935155
when your selling illegal shit you don't advertise it. you go looking for a buyer. and when you look your also vetting them long before the actual offer is ever presented. this is basic crime 101 shit.

>> No.13935219

>>13935071
I don't use reddit, but the fact that you think you saw this on leddit exposes yourself as a redditor LMFAO. Perhaps you can link me to this "copypasta"?

>> No.13935238

>>13933344
>BSV is literally the perfect protocol
for immutable storage of cp and stale memes yes. for p2p electronic cash it's a huge dump of curry poo.

>> No.13935241

>>13935219
Someone literally posted a screenshot with this pasta from their subreddit a while back. You have to go back anyway.

>> No.13935253

>>13934210
That's a BS theory. THere was an extensive manhunt after SN. Everybody knows this. Why would the government look for SN if it was their own job?

>> No.13935273
File: 17 KB, 480x360, 1525286248748.jpg [View same] [iqdb] [saucenao] [google]
13935273

>>13935238
>for p2p electronic cash it's a huge dump of curry poo
why? big blocks on top of the original bitcoin vision actually makes sense

>> No.13935292

>>13935198
> assange is zbignew brezinskis kid too
Gonna need a source on that bullshit.

>> No.13935325
File: 55 KB, 648x434, 1516426773593.jpg [View same] [iqdb] [saucenao] [google]
13935325

>>13935198
I have that photo, but I have never seen it verified that it was actually them.

>> No.13935415

>>13935192
Please educate yourself brainlet.

https://www.youtube.com/watch?v=QJ1DTeexpvA

>> No.13935437

>>13933554
Fren, you might be the smartest poster ITT.

Plenty of room in the sandbox for all of us. Maybe someday egos will fall by the wayside and these gentlemen can pool their resources and do great things.

>> No.13935464
File: 99 KB, 543x500, 1541993219513.jpg [View same] [iqdb] [saucenao] [google]
13935464

>>13935437
This is some socialist kumbayah bullshit. One coin will win, that is capitalism. You compete or you die.

If you don't like it, STIFF

>> No.13935472
File: 6 KB, 250x218, 1556118872155.jpg [View same] [iqdb] [saucenao] [google]
13935472

>>13935415
No infinite loops = no Turing completeness = no advanced algorithms. Sorry fag. Technobabble, sophistry and sales pitches won't help. That guy is a paid schmuck.

>> No.13935481

>>13933645
>illegal nature of BCH
mind elaborating

>> No.13935485

>>13935464
So you're admitting that BSV can't compete, alright

>> No.13935509

>>13935325

That is not Zuck.

>> No.13935516

>>13935472
Take a look at this guy. He did not even watch the video but still ramlbes incoherent shit.
This is a prime example of a BTC follower who will stay poor for the rest of his miserable life. Don't be this guy.

>> No.13935546

>>13935464
SV will go on to do whatever it’s going to, but to think core and bch will be made obsolete is foolish. All the bullshit tribalism and in-fighting takes away time and efforts better served in technical development. No need to keep acting like some type-2, sassy and solvent diva though.

>> No.13935568
File: 318 KB, 475x500, 1404962369285.png [View same] [iqdb] [saucenao] [google]
13935568

>>13935516
You don't understand the subject matter, right? Specifically for brainlets I laid it out: >>13934669

>prime example of a BTC follower
>impliers gonna imply

>> No.13935630
File: 43 KB, 632x485, CSW_competitors.png [View same] [iqdb] [saucenao] [google]
13935630

>>13935485
We will see about that.

>> No.13935643

>>13935630
He's called a lamer.

>> No.13935648
File: 91 KB, 855x535, How_it_ends_for_btc.png [View same] [iqdb] [saucenao] [google]
13935648

>>13935546
Craig is Satoshi and he will fuck BTC in the ass, and there is nothing you can do about it.

Enjoy!

>> No.13935723

>>13933338
This is plain stupid

>> No.13935753

>>13935648
>more slogans

>> No.13935772

>>13935481
Data sig verify

>>13935546
>All the bullshit tribalism and in-fighting takes away time and efforts better served in technical development.
Bitcoin SV is developing to massive scale and utility while you sit around waiting for Lightning to come out, it's not some socialist system like BTC, you support the right Bicoin or you lose

>> No.13935798

>>13935753
>no he cant enforce his copyright on bitcoin even though he owns a copyright on bitcoin
imagine believing this. sorry but the law is going to buttfuck BTCers

>> No.13935825

>>13935648
Bro, not even mad or anything, but I bet you can’t even sit on a bar stool without it sliding up your rectum.

>> No.13935845

>>13935772
Hey, you’ll get no argument from me. Whatever works is best in my book, even if I’m not holding any of it.

>> No.13935855
File: 239 KB, 1497x632, OOOO SATOSHI WAS OUTED.jpg [View same] [iqdb] [saucenao] [google]
13935855

>>13935798
>he owns a copyright on bitcoin
He truly does.

>> No.13935865
File: 184 KB, 702x2812, satoji.png [View same] [iqdb] [saucenao] [google]
13935865

Ignore the bsv shill.

>> No.13935871

>>13935723
The way some of the bsv people were talking made me think they were wanting it to be a demurrage currency. I still have suspicion of it but I can understand the idea of recirculating lost coins.

>> No.13935891

>>13935165
>"My wife is unbelievable, that's literally the only way to describe her" - Craig Wright
The more photos I see of him the more I think he was literally serious

>> No.13935970
File: 76 KB, 400x400, 930398.jpg [View same] [iqdb] [saucenao] [google]
13935970

>>13935871
Think of it like gold, gold on ships were lost during wars and sank to the deep sea removing it from circulation, later divers and treasure hunters recover it and bring it back, it's exciting and fully within the law.
Only a really dull person would be against it.

>> No.13935983

>>13935648
The white paper did not have a copyright on it.

>> No.13936036
File: 650 KB, 3200x700, mitlic.jpg [View same] [iqdb] [saucenao] [google]
13936036

>>13935983

>> No.13936099

>>13935855
Doesn't say Bitcoin anywhere hahahaha corecucks eternally btfo

>> No.13936121

>>13935891
He is such a sweetheart

>> No.13936123
File: 174 KB, 882x1327, 1555886444235.jpg [View same] [iqdb] [saucenao] [google]
13936123

>>13935891
Well, about that...

>> No.13936145

>>13934052
try again, did satoshi really post that?
https://bitcointalk.org/index.php?action=profile;u=3;sa=showPosts;start=360

>> No.13936148
File: 129 KB, 1019x359, Chinese Satoshi.png [View same] [iqdb] [saucenao] [google]
13936148

>>13936099
Better?

>> No.13936160

>>13936123
Why are they sitting in racing seats?

>> No.13936191

>>13934410
btc maxis will never understand this simple logic

>> No.13936259

>>13936036
Sorry I can't find any copyright in this

https://bitcoin.org/bitcoin.pdf

>> No.13936315
File: 27 KB, 852x156, Satoshi_under_oath.png [View same] [iqdb] [saucenao] [google]
13936315

>>13936148
That guy is going to get fucked by the courts.

>> No.13936341

I like how BTC got pumped to 9000 shortly after the BSV conference got disconnected

>> No.13936360
File: 103 KB, 846x726, CSW under investigation.png [View same] [iqdb] [saucenao] [google]
13936360

>>13936315
Yeah, sure sure, more slogans please

>> No.13936394
File: 63 KB, 1180x584, michael_cranston_ATO.png [View same] [iqdb] [saucenao] [google]
13936394

>>13936360
The people investigating him from the ATO was themselves indicted on charges of fraud.

https://www.abc.net.au/news/2017-06-13/ato-deputy-commissioner-michael-cranston-resigns/8614572

Poetic justice.

>> No.13936431
File: 26 KB, 1294x242, icedragon_27ciMikwU9.png [View same] [iqdb] [saucenao] [google]
13936431

>>13936145
It's right there in your link

>> No.13936442
File: 210 KB, 1100x780, the shill.jpg [View same] [iqdb] [saucenao] [google]
13936442

>>13936394
>2017
Now look at the date above.

>> No.13936499

>>13936036
Wait, is your pic of a copywright in the original code itself?

>> No.13936506

>>13935772
>Data sig verify
how is this illegal

>> No.13936514

>>13936499
Yes the Bitcoin protocol itself is copyrighted

>> No.13936527

>>13936506
https://coingeek.com/dsv-seeks-criminalize-bitcoin-bch-blockchain/

https://coingeek.com/resurgence-silk-road-imminent-dsv/

>> No.13936557

>>13936514
That is not what I asked. Either way though if your pic was from something that was originally posted by Satoshi, that copyright would imply that the name Satoshi Nakamoto is not a pseudonym but someones real name.

>> No.13936586

>>13936557
https://www.copyrightservice.co.uk/services/knowledge-base/kb_pseudonym

>> No.13936611

Hahahahaha stupid fucking bsvers

The real bitcoin is determined by hash rate. No one fucking uses bsv. bch is even used more and the fact that Craig and his pedo butt buddy Calvin mine BTC and BCH for value is absolutely hilarious.

bsv is the most obvious scam of all crypto and makes XRP like the real bitcoin. Fucking sad state of crypto

>> No.13936657

>>13936586
So do you have a link to that copyright from 2009?

>> No.13936669

>>13936527
By that logic Monero should be criminalized too

>> No.13936707
File: 30 KB, 657x561, 1557935482506.jpg [View same] [iqdb] [saucenao] [google]
13936707

>>13936611

>> No.13936765

>>13936669
It will be, regulators havent stepped in yet but they always do

>> No.13936910

>>13933145
I bought and sold BCH for x4, I think it has a lot more potential to grow. I prefer Litecoin and Stellar though. Like, just say "Bitcoin Cash" out loud, it sounds like shit. BCH = Litecoin but I think LC is superior. Then Stellar seems like a combination of XRP and BCH.

Having "Bitcoin" in the name is gonna help its price skyrocket, but I think it will run out of steam before other coins. Still expect some crazy gains from it tho

>> No.13937302
File: 387 KB, 1000x500, ABC_IS_BLOCKSTREAM2.0.png [View same] [iqdb] [saucenao] [google]
13937302

>>13933145