/biz/ - Business & Finance

>>26110731
>purely on name recognition to normies/boomers?
That's a superficial biased take on why it has remained on top.

>>26110731
probably, might take at least a year though

Monero, unironically

>>26110901
Its true though

>>26110731

Fuck Blockstream

>>26111230
Shut up idiot.
Just let it happen. No more talking.

When i was younger i thought that once I make it I would be

>>26110731
I think it may just because
>Fair launch.
>Oldest
>Branded as safest bet since it's been number 1 for so long so will potentially be the permanent flight to safety coin.
>All other crypto projects inherently have more competition. You can compete on features. You can't compete on being the first and oldest.
>Lightning works better than everyone is willing to admit, it's actually going to be pretty sweet when it's mass adopted.
>It's tied to a movement and pretty much is branded as the people's money.
>STX 2.0 is bringing smart contracts to btc in a more developed manner.

Others say that since derivatives are bigger than store of value it will have to be flipped. I dunno about that though since we have >8500 coins that are going to divide up that space and absorb that value. Not 100% ETH. Dominance will fall but I still think BTC will stay on top.

Bitcoin cash will flip btc

>>26110731
BTC will remain in the top, and if you don't get it I have no time to explain it, sorry.

>>26110731
Chainlink but it will take a few years

Anyone who says BTC is overtaken at any point is ngmi.

>>26110731
>Will a coin ever surpass BTC
no

>>26110731
it will remain on top because it actually has the best tech and development culture when you actually understand it. you can also be confident nothing will come along and fuck up the guarantees like 21 million or hard forking to new consensus rules. you can literally set it and forget it.

also there are a million more things that go into clients than just consensus rules. most other blockchains just talk about bullshit but you never hear about the actual nuts and bolts of the clients. for instance, bitcoin is already implemented the new tor v3 standard, most other chains don't even have basic tor integration at all. go read bitcoin optech and realize just how much foundational shit in the p2p network, transaction relay, cpu/memory performance, dos/erebus/eclipse attack mitigations, etc go into bitcoin. there is currently a pr in libsecp that increasing signature verification by 20% using cryptography research that literally dropped like a year ago, and tons of coins use this library. you know who develops it? the fucking bitcoin devs, like always

>>26111533
look at DLCs with schnorr. if you read the suredbits blog you'll see all kinds of crazy shit they are doing with just basic signatures, no need for smart contact bullshit that clogs your network. DLCs are tradable on lightning too and main chain of course.
people are completely sleeping on these. derivatives markets need something incredibly liquid to settle on, we can build the whole thing on bitcoin using DLCs which is the most liquid network

>>26110731
Bitcoin is about to take back the entire DeFi and Smart Contract marketshare with STX.

>>26112244
Thanks I'll check this out. Haven't heard of those at all actually.

>>26112121
> bitcoin is already implemented the new tor v3 standard
who implements it? who runs bitcoin?

>>26111638
>BTC will remain in the top, and if you don't get it I have no time to explain it, sorry.

Because being non-fungible and thus ending up on govt blacklists is a good thing?

>>26113983
No wonder Jack Dorsey shills BTC non-stop, once your BTC isstainted, you're locked out of the BTC banking system, thank you XMR devs.

>>26111314
It has the most proof of work, it is the most secure chain.

Nothing will EVER flip btc

>>26114038
>No wonder Jack Dorsey shills BTC non-stop, once your BTC isstainted, you're locked out of the BTC banking system, thank you XMR devs.

Currently 50 Bitcoin addresses blacklisted and counting.

In other words:

XMR address = zero chance of ending up on a government blacklist

BTC address = non-zero chance of ending up on a government blacklist

Really inspires confidence in that whole "store of value" thing.

>>26114139
>Nothing will EVER flip btc

XMR is currently flipping BTC in the darknet and blackhat sectors.

>>26114313
Isn't that were BTC got it's start? Isn't that were it proved (and later invalidated) itself as a viable medium of exchange?

>>26114503
>Isn't that were BTC got it's start? Isn't that were it proved (and later invalidated) itself as a viable medium of exchange?

Correct. The darknet was Bitcoin's first major use case but now that superior crypto has been developed its gradually being phased out.

>>26110731

Buy more bitcoin.

The security of BTC is based on hashpower. Hashpower now is mostly funded by the block rewards.

Who is going to keep funding the massive infrastructure needed to keep BTC as secure as it is now once the tech is more established? Transactions are too slow and expensive for fees to power a giant network, and a giant network is needed to ensure security.

I really don't know the future of BTC, weird combination of speculation and legitimate groundbreaking technology. If hashrate is able to be proportionally maintained, bullish does not describe just how much value BTC will hold. If you cannot stabilize hashpower once hype dies down and block rewards are all mined out, the network will die.

>t. Small position in BTC

>>26115281
What's secure about your address being blacklisted?

>>26115281
right now, block rewards happen until ~2140, so there's plenty of time to think about possible future options
personally i'd like to see it like monero where there's "tail emmissions" of the smallest block reward at the end continuing on forever so as time goes on inflation rate approaches zero

>>26112244
It seems like these things do pretty much everything ETH can do. In theory you can program anything on ETH, in practice you need an oracle for everything including just getting a random number. The only part ETH actually handles is paying out deposits to a contract based on predefined rules, exactly what DLCs provide.
With all the new features a contract becoming popular could in theory not increase load on the network significantly, each deposit per block can be added to the same transaction.
>>26114242
You can broadcast transactions that contains data only visible to holders of the relevant key. All governments can do is ban trades with any address that does anything out of the ordinary just like they can ban all trades with monero.

>>26110731
>purely on name recognition
It's the largest network and therefore also the most secure one. Replacing it would mean throwing away billions (or trillions) worth of hardware that was purpose-built just for Bitcoin mining. Any network that aims to replace Bitcoin would need to be larger while at the same time using a different algorithm in order to avoid getting fucked.

>>26113983
i never made it to any government blacklist
how id you manage to do it?

>>26114038
and xmr is locked out of the regulated exchanges as a consequence thus you have no fiat exit ramp.

>>26115281
bitcoin is already generating a full coin worth of fee reward per block. we're gonna be fine. the big block forks are the ones that are fucked

>>26116098
Bitcoin really is digital gold.
There may be something that comes along that threatens it, but it’s not going away.

>>26115960
block rewards are basically irrelevant after the next 10 years because we'll have 95% of the coins mined. transition to a fee market needs to happen now, and it already is.

How many times do I have to explain. It is not a tech race, it is a brand race. Pic related started as a a guy selling wine and cocaine out the back of a wagon. This is a disgusting brown liquid that gives you diabetes. Numerous other drinks are more affordable, healthier, and taste better. Doesn't matter. This is the most popular drink on the earth outside of water. Go on and putz around with soda pop start up I guess. But pic related should tell you everything you need to know about brand. This is also why TSLA is so incredibly up.

>>26110731
Only threat is literally NANO. So I'm not too worried. But who knows, if this mining shitshow gets too big and fucking ecological commies tries to fuck miners, NANO can become a really big SoV. (It's fully distributed, Nakamoto coefficient of 6, very decentralized). I'm really serious here

>>26116281
>i never made it to any government blacklist
>how id you manage to do it?

All it takes is receiving tainted BTC. Thats scary.

>>26116331
>and xmr is locked out of the regulated exchanges as a consequence thus you have no fiat exit ramp.

Atomic swaps drop end of this year.

>>26116524
How long till NANO or anything else can even challenge Bitcoin? Bitcoin is THE coin, and even Bitcoin is getting FUD from boomers and other subhumans. Even big boy Bitcoin, posterboy for crypto. How long till someone can even begin to challenge BTC? 10 years? 20? 50?

>>26110901
Came here to say the same
>>26110731
You are the normie OP. Surprised? You shouldn't be.

>>26116988
It's hard to put a timeframe on something like that (crypto is hard to gauge in general)

>>26116901
wow took them only 5 years to catch up with btc?

>>26111159
more like 10+ years

>>26117318
>wow took them only 5 years to catch up with btc?

Yeah, and now they will clean all that tainted infungible BTC for them. At a premium, of course.

>>26110731
>name recognition

It will remain at the top because it has the most fair coin distribution of any crypto. You are not going to convince anyone to consider your coin valuable when 2/3 of it is held by the (((company))) that invented it. Bitcoin was worthless at the start, it was spread by passionate enthusiast and true visionaries. The bitcoin early adopters deserve their wealth, the developers of today's shitcoins do not.

>>26111397

>17 BTC, so can anyone else
Show Portfolio

>>26116520
get real, faggot. tea coffee and beer

>>26117437
you never heard about taproot have you?
bitcoin pretty much made monero obsolete and you guys never got the memo.

>>26111230
based

XMR schizos are as bad as XRP

>>26110731
It'll be market cap king for another decade.

>>26117705
no no no i wouldn't go that far. monero is a legit shitcoin not a fucking illegal security scam committed by a bunch of jews who control 90% of it's supply.

>>26117607
>you never heard about taproot have you?
>bitcoin pretty much made monero obsolete and you guys never got the memo.

Apparently neither did the darknet, they're still dropping BTC like hot potatoes.

It seems the BTC folks don't fully grasp just how technically superior Monero's privacy is and think Taproot or MW can compare. Optional privacy bolted on top of a public ledger will never be as reliable as fundamental privacy built from the ground up.

If your freedom depends on it, you'll use Monero. So now you know why its replacing Bitcoin.

>>26117544
Cola outsells them all.