/biz/ - Business & Finance

>>29986183
No physical release = doesn't live up to the "cash" moniker = worthless

>>29986276
Would you be happier I just called it "True Bitcoin" then (since it is)?

>>29986183
The name sucks

>>29986183
Because if you were to ask a newbie, an intermediate, and a crypto savant they would all give you the same answer, retard.

>>29986447
Which is?

>>29986183
No hash

Because BTC Core has already established itself as the spine of the crypto trading ecosystem. Everything is tied to BTCs value. There are no BCH pairs with every coin like there are BTC pairs. BTC is not used with its original intent for small transactions and etc. but it is still cheaper to use BTC for a large transaction than to use a bank. BTC is a store of value, but if you want to do small transactions with it you can use a lightning node and have 0 fees.
>Now explain to me why does BCH exist and why should it replace BTC?

>>29986183
because it doesn't make sense. the usecase is retarded.

>>29986183
To me it is the truest Bitcoin implementation. As far as what was described from the beginning. I own some but I make far more money buying options on MSTR.

>>29986610
To keep all transactions on chain, which is why Bitcoin is a thing in the first place.

>>29986675
>sending money online for free isn't a good use case

>>29986722
Yeah, that was what I'm pointing out with this thread. It is bitcoin, it's literally what it was meant to do, but the price doesn't reflect that. I do hope it'll correct in the (very) long term. Right now, crypto is just investors, nobody is actually looking to use it, it's just greater fool theory in full effect, literally no other use.

>>29986870
>It is bitcoin
hell no it's farther from bitcoin than litecoin.

>>29987004
How so?

they had to undo security features SATOSHI HIMSELF but in bitcoin to prevent minority parasite-chains like bcash from existing.

when you have to undo the core ethos of bitcoin itself to enable your own survival, you're obsolete

>>29986183
Because silver-backed crypto (Kinesis Money) is far more efficient than BCH and actually backed 1:1 in an allocated way just like PSLV.

Because if you want real gains, you buy silver stocks now instead of the top of the crypto bubble.

>>29986183
Created by a literal scammer chink, it will be forever tainted, idiot.

>>29987237
>real gains

guys I'm ready today.

So -5%, bought top 3 during yesterday's lowest dips..

>tax
>low volatility
>stubid investment and trading for whole day

only one point saves my wallet - yield farming and lp staking on YVS Finance. Check it if you don’t wanna risk

>>29987237
Based, I just sold off most of my silver a month ago with 30% ROI. But this is a crypto board sir.

>>29987252
It could've been created by a whore, I don't care as long as the tech is better. And Bitcoin was also created by (AFAWK) a chink... so....

>>29987152
not very well explained but something like that.
they changed the consensus algo, they changed the network id and didn't change the pow function to something they would have majority on (which makes the bitcoin family consensus algo viable is that the majoriy of available hashpower has to participate honestly).

they basically made a shitcoin. there is no other way to describe the bcash forks.

>>29986870
>it's just greater fool theory in full effect, literally no other use.
Mostly true. Even if you think of it from a truly analytical point of view, there is zero reason for Jack Dorsey and Michael Saylor to only want BTC. I could see if they were 95% allocated to BTC but this shit is retarded. We'll see how this all ends though soon I'm guessing.

>>29986183
Easy.
It's trying to be Monero AND Bitcoin.
The US government will stop it dead in it's tracks.
On top of that it wants to use a third part with Avalanche.
Better off supporting BSV. Wish Roger Ver would see the light.
https://coingeek.com/irs-targets-privacy-coins-lightning-network-and-schnorr-signatures/

>>29987237

>Crypto like gains

Yeah your 2% gains are crypto like

>>29987237
I wish I could know who is clearing out the silver supply or if it's actually just the dealers creating an illusion that silver is stores are empty.

>>29987252
>scammer chink
You talking about Samson Mow?

>>29987517
I thought it was finally over with the 2018 crash, but I guess the world never truly runs out of fools.
The question is now, will this fool market ever end by actual use, or will crypto always be a niche investor market?

>>29987611
I haven't been following the BCH/BSV drama, but what I trust is bitcoin, satoshi's system, as it released in 2007, before it was fucked by politics. Which one is closer today?

>>29987611
>Better off supporting BSV
None of the libertarian types are going to support BSV. You probably need to go to GLP to find supporters for BSV.

>>29986183
price

>>29986183
Literally nobody cares about it

>>29987706
>I haven't been following the BCH/BSV drama, but what I trust is bitcoin, satoshi's system, as it released in 2007, before it was fucked by politics. Which one is closer today?
BSV is using the original 2009 protocol.
BCH and Roger Ver are great. He brought ALOT of people into Bitcoin BUT he is the Cybernpunk version of Bitcoin. Fighting the system by making Bitcoin Anonymous. It's a losing battle. Also BCH is having a hell of time scaling. No hate for Roger Ver just a difference about what Bitcoin really is.


Look at the scaling right now.
https://coin.dance/

>>29987801
>None of the libertarian types are going to support BSV.
You are correct. That however is to their detriment the same as Liberty Gold was.
The US government WILL shut it down.
https://coingeek.com/irs-targets-privacy-coins-lightning-network-and-schnorr-signatures/

>>29988264
Then they'll just go to Monero and precious metals. Your obsession with taming them is failing. May as well build your own echo chamber walled communities if you can't handle freedom.

>>29988395
I own Monero. You are conflating use case with acquiescence

>>29987614
Get rid of your normalcy bias and see the future early. >>29987324 And yes, plenty of miners have already gone up 10x since last year.

>>29987619
Go to WallStreetSilver and look at what they're buying every day and you'll understand what's going on.

>>29988529
No. People aren't going to buy BSV because Craig claims that it's backed by the government.

>>29988692
>No. People aren't going to buy BSV because Craig claims that it's backed by the government.
I agree. They are going to buy it because of use cases.

>>29988639
I mean I want to know if it's just the reddit tards or if the 1% is also gobbling it up. By the time that market get's repriced, the crypto crowd will have missed it completely. lol

>>29988837
Craig is essentially trying to create a time decay crypto that he can market to governments. Governments already have the infrastructure in place though so BSV won't get adopted.

>>29999999
>>30000000
fuck, these gets will be epic but probably just shit

>>29988998
One use case out of thousands and Craig Wright does not own BSV. There are over 200 paid developers. Craig is just one of them.

>>29986183
value

>>29989411
Other than that he's got nothing going for him other than people getting fed up with waiting for just one of his promises to be kept.

>>29990703
Ok so you hate Craig Wright. Cool.
Doesn't change the fact that the use cases for BSV are piling up every single day. 1000s of them in the last six months.
https://metastore.app/apps?sort=hot