/biz/ - Business & Finance

>>4546239
Desperation isn't a good look.

fundamentals haven't changed. just keep an eye on trading volume, unconfirmed btc tx count, miner hashrate and profitability etc.

No keep selling me more for cheap. Can't wait for the pump to start.. retards thinking the diff change had smth to do with the pump are giving me free $

>>4546239
OP, writing his post

Just Hodl XD

>>4546239
I DONT KNOW WHAT TO DOOOOOOOO

>>4546254
how do you propose BTC out performs BCH???? it can't so wtf you think is gonna happen

>>4546239
what do you think jihan is doing right now? what do you think roger is doing right now? i'll tell you what.. they are swimming in your money

>>4546356
they owe investors a lot of money for this pump that needs to be made into a profit.

>>4546239
Miners switching already :) hashrate increased from 10% to 18.59% go go go!!!

HEY BOYS I THOUGHT YA WERE GONNA SLAY A DRAGON TODAY AY? WHAT HAPPENED?

So, when big pump or dump is happening today? I just want to see the end of this.

D-ludded cashiers

Time to sell?

>>4546397
Daily reminder that every pro-Bitcoin cash comment forces Core shills to work extra hard to push it out of the comments.

>>4546397

where can I follow this

gibs link please

>>4546531
Follow the Bitcoin Cash takeover on fork.lol

>>4546531
https://fork.lol/pow/hashrate

https://fork.lol/pow/retarget

>>4546350
Sit down. Grab a cup of coffee and prepare to be schooled. Watch it, seeing as you asked.
https://www.youtube.com/watch?v=sJAXH2FN9Dc

>>4546585
>1hr56
Gettysburg address made its point in 2 minutes

>>4546585
The fact that they're insecure enough to need to call it "bcash" already invalidates their opinion.

Im afraid both BTC and BCH is going to crash massively the coming week! People will be left bagholding both coins and wonder what the fuck happened!

ITT: Lies. Many, bald-faced lies.

OP here, it's going back up, i TOLD YOU! GOOD!

>>4546668
is that your trigger word snowflake?
does it trigger you if I say bcash?

>>4546668
Why? It is called bcash by the majority of people?

>>4546825
only bcore tards call it that way

>>4546637
What's that got to do with the price of fish? Do you have ADHD or something?

Uhhh, almost everyone calls it bcash... only shills use words like bcore. It's too easy to tell, lol.

Pro Core team behind all this nonsense

Hold all the way down to $1500

github commit history doesn't lie, shills gtfo

>>4546350
>how do you propose BTC out performs BCH???? it can't so wtf you think is gonna happen

You took a full power shot at BTC and BTC didn't even put up its hands. Goodluck with round 2 or 3 or wtv attempt you're on.

>>4546239

BCH is continue dumped, people who hold BCH losing money

same time original Bitcoin is going up

BCH this day height was 1777 $, now its $ 1637

BCH getting dumped, red candels

https://cryptowat.ch/bitfinex/bchusd

>>4547053
>>4547118
>>4547255
>t.increasingly nervous corecuck shill

BCH just drop below 0.2 Bittrex

Hashrate is slowly increasing :)

>>4547403
Does that mean the price will increase? My begs are getting heavy.

>>4547304
I hope you bought the dip

>>4547441
20% now go go go - bch will mooooooon

>>4547478
Delusion.

Will all BCH's continue to be this delusional? You guys had a Korean PND two weeks ago. Your 2700 was artificial and will not be easily obtainable again without help from Ver & his cronies.

>>4547522
All BTC has been is a pump from printing Tether from thin air. If you think that isn't a problem, then you are delusional.

>>4547585
Huh? It is a problem, I agree. Crypto has LOTS of problems (despite amazing potential).

"I will address your argument with an unrelated argument, haha!"

Doesn't work so well.

>>4547585

>Sure we're pumped but so are you that makes ours not a pump, somehow.

BCH is centralized and run by literal felons and liars. 1 commit per month is not development. Enjoy your bags.

>>4546278
like the last time right? lol

>>4547699
Wow a sensible person who actually looks at the development. Who would have figured

gonna hold dont dump on me korea

>>4547683
If all Crypto have problems, why single out BCH?

>>4547522
Lmao corecuck mad that he's bluepilled

I pity the weak hands that sold. New floor is 0.20.

>>4547699
It don't need commits, at least can scale better for now, its not a settlement layer

>>4547777
It took a lot of commits to give BTC its shitty segwit. I think less fuckin with the code is a good thing.

this is literally pump and dump coin

same pattern every weekend

at the latest Sunday start panic selling and BCH price drop again about 1000 $ levels or lower, and many BCH investor losing money since this is zero-sum game

A lot of FUD in this thread.... /biz/ is never wrong r-right guys?

>>4547843
Nov 12th looks like a pump and dump. The current rise is more organic and is not a pump, its just people realizing that its eventually going to be the top coin.

Looks like BTC is slowed to a sideways halt. Get out before the dump.

>Already worth more than Bitcoin Gold and most shitcoins.
>Third fork is best fork.
>Will pump bigly.
>For every BTC you have you get ten BCD.
>Cashtards didn't get any.
>Probably can sell to Koreans way above market value if you time it right, as some were able to do with Bitcoin Gold last night.
>But why sell, it's going to overtake BTC.
>Fast private transactions
>Bigger blocks and Segwit
>Lower transaction fees
>Obviously what Satoshi really wanted. Deal with it.
>Will enrage shitcoiners who watch it pump. Assume everyone who hates on it is a nocoiner shitcoiner shill.
>Diamond Dog master race can't be fazed. We will meme DBC into supremacy.

>>4547806
Really? You think less development, bug fixes and improvements is a good thing? It's weird too that there's overall less issues on the bitcoin cash githubs. Must be core only that needs improvements. /s

>>4547751
Jeez man. Is this the intellect level we're dealing with for all BCH holders?

I didn't say "all crypto have problems." I said, "cryto has a lot of problems." There's a difference.

And secondly. This is a Bitcoin fucking Cash thread. That's why I am singling out BCH.

>>4546239
nice larping corecuck

bch is a longterm monstercock hold

>>4548056
I'm actually just an idiot ETH holder. I just think BTC is a whole lot more fucked than BCH.

>>4548057
Oh, you're all holding onto the monstercock alright. Don't you worry about that. The monstercock is going to blow itself all over your face before you realize. And you'll be left penniless.

>>4548026
Measuring software progress by lines of code is measuring light aircraft quality by weight.

>>4548169
This is the best thing you've said yet! ETH will be great if it gets its shit together in 2018.

Bad analogy. No ones saying more lines of code = better chain.

How can you possibly frame infrequent development upkeep as a positive? The delusion is insane.

>>4548189
It's not just lines of code. Look at the actual activity, the issues and comments. There's way more active community in other altcoins. Especially bitcoin(obviously), and LND(which Bitcoin Cashers call vaporware). You can try to say "oh they don't need as much work no segwit etc no off-chain scaling," how are you going to tell me that people finding bugs or anything less frequently on a github is not because there's an inferior amount of people skimming through the code? You can't. That's exactly it.

BCH going nowhere, just struggle to ne above 0.2 in Bittrex, trend looking down

OPERATION DRAGONSLAYER BOIS

nope nope nope

>>4548264

and now BCH dropped below 0.2 Bittrex

>>4548189
>>4548243

>>4548194
>if it gets its shit together in 2018.
can you expand on that, pls?

Bitcoin Cash is dead

Bitcoin Diamond will be the next king

Noooo you promised me the moon

BCH downtrend continue

looks like BCH soon below $ 1600

https://cryptowat.ch/bitfinex/bchusd

>>45484
I don't see a red candle.

>>4546397
oh yeah this worked so well last time
>fucktard

>>4548354
This lad knows. Pic related. Why does Bcash even exist at this point, it is already outdated tech and won't beat BTC at it's own mining algorithm. Diamond has 8mb blocks, segwit, and private transactions.

>>4548023
Nah, I'm going to skip this one. I'm waiting for Bitcoin Rutherfordium.

>>4548527
Why is having segwit a good thing?

You had your shot, it was on the 12th. There isn't going to be another one. Deal with it.

>>4548543
Do your research fag, no one is going to spoon feed you. And by research I mean outside of plebbit/r/btc.

>>4547017
The last pump crashed BTC and brought BCH to .50 before puttering out. The next pump could easily see parity if it's on the same scale. What happens then?

>>4548801
The percentage remains with BCH, hash power follows the profitable chain.

>>4548861
BTC is more profitable by 5% right now.

>>4548951
so the dragonslayer bullshit failed? what a bunch of idiots.

>>4548951
And in the next couple thousand blocks anything can happen. Must be stressful knowing that the dif. is locked in like that.

BTC is 1% more profitable right now btw

>>4546239
U guys rly dont get it. Got bch= hold. No bch? Buy now

It's been 6 hours and nothing changed
Fucking delusional, I already cashed out and got out of this shit.

>cashing out!
Weak hands. Floor is 1400. Ceiling is 2000. Screencap this.

rogers going to pull the rug out from all of you again.. and you'll keep falling for it

>it will bounce back

>>4550022
Do you realize that the hash rate could take days to settle? The whales haven't even pumped the BCH price yet to drive profit incentive for the miners. I think you prematurely rage quit.

>>4546239
Yeah I am but I am holding for a while, its not even on coinbase yet ffs give it a chance

>>4548057
This

>>4550309
I have no problem giving it a chance but I need funds to put into LTC and ETH before december at least

I got out with my profit, people are starting to question dragonslayer.

>>4550405
Why LTC and ETH?

>>4550431
They're going to explode between december and febuary

>>4546426
Lol the shills chang3d from that meme to cant cash out

let you know how to mine gold in this market.

Just search for.
D.VA pump on the website, and follow its telegram channel.

This is profit table. Let's meet on telegram.
XMR +25%
BCH 1st +10%, 2nd +10%, 3rd +15%
KYC +8%
ARK +15%
NEO -8%
OMG +20%
DASH +166%
ZEC +12%
Wavers +45%

Now, it's time to make a profit with us. : )

ive been 50% on BCH since the fork but today i sold it all, i have no confidence anymore, goodbye, it was fun and profitable

>>4550578
What did you sell if for?

>>4550527
Now's not a good time, dude.

>>4550578
good good have nothing when it takes over

>>4550309
>its not even on coinbase

Why in the world do you think an increase in the supply of BCH from Coinbase opening wallets is going to work in your favor?

>>4546239
>i'm an idiot that bought in at 1700 please hodl
Sell now, buy at 1000, sell at 1200, this is your only hope now, retard.

>>4550842
Primarily because the CEO of coinbase is publicly fed up with Core and is obviously going to make bitcoin cash the fourth purchasable crypto on January the 1st

do you see all these cant cash out posts out there?
yeah it's to prevent the damage from spreading, BCH has failed its attack.

>>4546585
If its so garbage why is it actually usable compared to core? I buy some corecoin and it is slow as fuck. I buy some bitcoin cash and it is fast and cheaper
From a users perspective bitcoin cash is a lot better.
You know money is supposed to be useful right?

Why are they so cancerous

>>4549101
>And in the next couple thousand blocks anything can happen. Must be stressful knowing that the dif. is locked in like that.
>anything can happen

The absolute motherfucking STATE of BCH bagholders/shills

It happens every time with these korean pump n dumps

volume is going down so the price will tank

Study up on your launch procedures:
T-27 hours and holding
This is the first built-in hold and typically lasts four hours.
Clear launch pad of all non-essential personnel
Begin loading cryogenic propellants into orbiter's power reactant storage and distribution (PRSD) system

https://www.nasa.gov/mission_pages/shuttle/launch/countdown101.html

this shit is literally crashing right now

>>4551298
Yawn, wake me up if it hits $1000

FUCK I COULD HAVE SHORTED AND MADE SO MUCH MONEY

>>4551399
Well volume on bithumb went up 20 million just now

hope this goes back to 1200 so i can all in again

GET THE FUCK BACK IN ITS ABOUT TO MOON YOU FAGGOTS

>>4551488
actually though

>>4550940
>citation needed

DONT MISS THE ROCKET TO .4 BTC YOU KEKS

>>4551568
as you wish
https://blog.coinbase.com/what-happened-at-the-satoshi-roundtable-6c11a10d8cdf

>>4551488
Bouncing a little bit at least now.

>>4551739
HOLD

>>4546239
https://m.soundcloud.com/thecryptocast/ep13

BCash is for retarded newfags

>>4551754
RREEEEEEEEEE

>>4551739
>>4551754
Looks like that's the top of this bounce. I'm going to bed.

>>4551852
goodnight, there is no tomorrow

>>4551766
Only the oldfags sold BCH, what was it? Sub $600? Maybe we outta teach the elderly about how the URL is not a search engine. Old people sure suck. Especially these BTC hipsters. FAGGOTS EVERYONE OF YA!

>>4551194
I don't see a spike yet, lil nigga.

Bitch you're not taking down any Dragons. Fuck your mother if you want fuck.

Bitch you're not taking down any Dragons. Fuck your mother if you want fuck.

>>4546239
lolololol

get fuckin wrecked

>>4546397
Would be interesting except for the whole part that hashrate doesn't determine price. It's the other way around.

>muh original vision
>muh flippening
>muh dragon slayer (wtf is that shit?)

what other crap do deluded cashcultists say?

>>4551894
>goodnight, there is no tomorrow

Not for BCH bagholders, anyway.

wow...brutal....looks like this was a failure for bch

>>4552600
hahah.

NEVER count Bitcoin Cash out

I love how people keep trash talking BCH, they are forgetting this month alone it was at $400 at the lowest point, it rose to $2800 at the highest point (and even surpassed ethereum), it was stable at $1200 for two weeks, and now it's stable at $1500+

It goes up and down, up and down. It is a Bitcoin so it's fluctuating

>>4552611
well, i bought at .21, so unless there's some magic volume incoming, it looks like it will keep drifting down. there's virtually no volume compared to the pump on the 11-12th

>>4552669
I sold at .20 and rebought at .205 when I realized I made a mistake. Yeah it was stupid, but, like I said, never count BCH out. Doesn't matter what they say, BCH has powerful backers and a strong ideological base.

>>4552711
Though in case anyone tries calling me a bagholder I originally bought all of it at 1150.

I'm gonna hold my shit in until it reaches 2k. Just for good luck.

>>4552761
>I'm gonna hold my shit in until it reaches 2k. Just for good luck.
Might eventually reach 5.8k in a few months

>>4552798
>level of retardation in this thread is palpable

>>4552798
>implying btc wont be 100k by then

>>4552798
>>4552819
Jesus. Imma need a new toilet.

>>4552819
>implying tx fees wont be 1k by then

>>4546239

what amazed me was the level of depravity on the other side with the downright hate they spew is just vile and sickening, if there is a god they will be struck down in the end

>>4553529
only the poor care about tx fees. it's your way of showing everybody here you have fuck all money. When you send large amounts of money around, there will always be equally large fees associated with it due to how security is managed. sending hundreds of thousands and millions of dollars in banks results in a percentages of the sent amount. If you grasp this simple concept and have sent large amounts of money around, you will see how superior BTC transfers are. virtually instant, secure and still less cost than a bank transfer. please come up with something better to undermine BTC

>>4554604
Kek

>>4554604
It is not virtually instant, it takes forever compared to other coins.

>>4548527
You can only trade futures right now. Wonder when it's coming out.

>>4552319
>muh coffee :<

I sold it. Made a nice 13% off it.

>>4556534
Boy are you going to be pissed in an hour or two pahahahha

>>4552319
>muh corecucks!

>>4556542
It's always good to take profits.

>>4556639
true

>>4556542
>said anon for the 20th time

I wouldn't bet on nothing happening until the day is over in asia. If nothing happens 24 hours after difficulty adjustment, BCH side has decided to take it slow or aren't confident they have enough BTC fuel to force it and are too pussy to profit-loss cause chain death.

In that case they're playing with fire. The longer they take, the closer ETH comes to announcing proof of stake on a clear date and then ETH will be the flippenator rather than BCH.

Call me crazy but BCH is guaranteed to win the race. You can't compete with better tech - who is crazy enough to pay $10 in fees when he could pay 1% of it?!

>>4556680
Nice bought 100k dogecoin

jihan must feel like a mastermind
after all he has an army of brainlets following his
BCash cult

>>4548560
lightning network requires segwit

>>4557631
He's scamming an army of stupid goyim

>>4546668
Bcash bcash bcash!

>>4546853
>call it that way
Chinese ESL detected

it's going to recover right

i didn't waste all my money right

>>4554604
This is simply false and when you say it, you show everybody here that you are an idiot.

You can move money on dozens of blockchains now, hundreds of millions worth, for practically zero fees. Bitcoin is the only exception to that rule, and the only reason it's an exception is because the dev team artificially restricts transaction volume for no benefit.

That's just a fact of the way they've forced the technology to operate. Nothing about the way it "has to be" as evidenced by the dozens of other products in which it is not that way.

>>4557864
bcash isnt gunna recover. reward is higher and miners arent switching over. Probably because they know in the long run it will cost them money

If the miners had faith they would just switch it up already

Literally the only shitcoin I hold that is down Vs BTC in the last 24 hours is this. I weep for the cucks that didn't just get it for free.

>Muhh dragonslayer

>>4557966
No, even if they totally don't believe in BCH it still doesn't make sense not to switch over when it's more profitable to do so purely because they'd still just sell at market rates and buy what they do believe in.

Basically no matter what a given miner believes they will always mine the most profitable thing if they are behaving rationally.

>>4558006
I understand your thoughts but that doesn't explain why the hashrate isn't switching over.

Any ideas?

>>4558006
It's consistently more profitable to mine but doesn't get the hashrate. No one likes you and you write like a fucking retard.

>>4558006
The tried switching before, it lowered the price of btc and the entire crypto economy so the miners got less money for their work.

There are so many coins that are infinitely better than BTC in every aspect. Why do you autsists are so obsessed with this shit coin. Get your shit together.

>>4558058
we live in a world of brands, and bitcoin has currently the best name. Feelings not facts, that's all.

>>4558027
The only thing that sticks out is the margin is pretty slim, I have to admit this entire thing has me pretty confused. I don't understand why BCH didn't just kill BTC, it had it dead to rights, nothing at all that BTC could've done to defend itself against simple abandonment of the chain.

The only thing I can think of at all that makes any kind of sense is why pay yourself to mine your own chain a small amount when you can get someone else to pay you to mine theirs. But frankly I don't like that answer, it seems too trite.

Beats me man. Confusing stuff.

>>4558049
You may well have a point, maybe it's that simple. https://fork.lol/reward/blocks

Why mine 20k blocks instead of 120k blocks, generally speaking? And if you slay the dragon that eats the 120k blocks it's not an absolute given that you'll get your 20k blocks back up to that 120k.

Maybe it really does just come down to that, mine the 120k blocks when it's more profitable to do so and sell them off for an equivalent of 6 blocks BCH reward if they actually do believe in that coin more (or whatever else if they're maintaining portfolios like most of us here).

Food for thought. Thanks.

>>4558132
imo Jihan does not want to kill BTC. He has had every opportunity to do so.

clearly he wants both coins to be worth a lot so he controls hashpower of 2 huge coins

>>4550184
looks like the floor is actually 1500.

Ceiling is 2100 faggots

>>4558180
Seems to be the case, perhaps BCH is all just about hedging with an alternative strategy and letting it compete in the open marketplace. If it wins great, if it doesn't he's still providing POW for the most valuable market cap coin, and he wins either way.

>>4558132
I don't think BCH has BTC bang to rights. It could, but it's fucked up in too many key areas.

1) centralisation. Dress it up how you like, it's centralised and BTC believers want a decentralised currency

2) PR, they literally act like children on twitter and facebook. It damages their credibility.

3) kinda linked to 2. They haven't created their own brand identity, they tried to piggyback on BTC's recognised name but in doing so have failed to stand apart from them.

lol BCH is fucked. Do you think normies will want to buy shit made by a guy that says retarded shit about fucking mothers?

The lack of foresight of cashies is hilarious to me.

>>4558214
> I don't think BCH has BTC bang to rights. It could, but it's fucked up in too many key areas.

What I meant by that is the simple fact that if BCH outbid BTC on SHA256 POW, BTC would've died. It chose not to though. It's simply indisputably true it could've gone that way, but I agree it didn't and it doesn't look like it's going to.

> 1) centralisation. Dress it up how you like, it's centralised and BTC believers want a decentralised currency

I don't think there's ever going to be an argument that convinces me core is decentralised given the idiotic scaling plan they've forcibly jammed down everyone's throat, the dissent they've censored en masse, all associated tomfoolery. I think this is actually the weakest argument by far in defense of BTC. It is clearly the most centralised coin in existence if you gauge the control from a centralised political agency which is exercised over it.

> 2) PR, they literally act like children on twitter and facebook. It damages their credibility.

Gotta say that's pretty much par for the course for the entire ecosystem. Even Vitalik was posting anime faces on twitter today wasn't he? And frankly he's one of the more levelheaded speakers of the ecosystem in my view.

> 3) kinda linked to 2. They haven't created their own brand identity, they tried to piggyback on BTC's recognised name but in doing so have failed to stand apart from them.

This might be the most salient point. It does seem a lot just like "Bitcoin done right" rather than something truly revolutionary. Time will tell if they can break that.

>>4558132
BTC has developed a stabilization mechanism that few understand - HODLers.

Since it historically has been the leading crypto coin, everything else is measured against it. That's why more conservative crypto holders prefer THE ONE COIN THAT WILL NOT FAIL.

I've been in crypto since 2011, and most of the then-hot contenders are gone. 90%+ of value people put into them is gone too. And people know this, so those who want to evade some imaginary fiat armageddon either buy gold or BTC. They do NOT want their wealth to evaporate in some shitcoin like Bcash if it fails.

Cryptos are like fiat - they only keep their worth if people believe in them. Now, those investors so happen to NOT believe a centralized mining operation will produce a more stable and valuable coin.

And that's why BCH will not kill the king.

>>4558286
I agree it could have happened. It nearly did in a sense. The value of BTC was held up by people who solidly believe in it and bought up the dips. If more people had sold and switched the snowball could have become unstoppable.

You make valid counter arguments on my points. I still believe BTC will come out on top of this whole thing, but I've been wrong before and I'll be wrong again.

>>4558239
normies are not the target segment for crypto yet. Freaks and edgy kids are, and they like it when people say stupid shit on the internet

>>4558324
Right but the delusions of idiots is a really shitty basis for the value of a currency imho.

Ive been holding since the fork and just sold, this project has lost momentum and everything else is going green, might come back later

>>4558286
>I don't think there's ever going to be an argument that convinces me core is decentralised

That's a foolish error in reasoning Bcash wants to feed you.

Core produces the code to run the network, but the value is in the network, and the network consensus is de-centralized.

Even if Bcash has 20 implementations, they have to adhere to the same protocol or they hard-fork all over the place. So you could argue the protocol is again centralized.

Bitcoin WAS ALWAYS built on consensus, and that implies either cut-throat competition by frequent hostile forks or some degree of centralization at the protocol level.

Bcash is the king of pump and dump shitcoins. Duping suckers into a FOMO frenzy has become an artform.
https://www.youtube.com/watch?v=sJAXH2FN9Dc

>>4558378
Ok, thought experiment.

Let's assume you're an intelligent person and you hold this view because it's sensible and there is some parallel universe in which it would be possible to demonstrate that the belief you presently and reasonably hold is not actually true given the changed circumstances in this parallel universe.

What would a universe in which core were not noble knights acting in the defense of the network look like, as opposed to this one where they resolutely refuse to provide any technical reasoning for their idiotic scaling roadblocks, say out loud that the business plan for blockstream is to make money on charging fees for off chain transactions, which makes it clearly in their direct interests to artificially limit on chain throughput, where they've seized control of the majority of the discussion forums on the subject and outright censor any opposing views calling them on their behaviour, and where they used manipulation to push a poison pill into the network to get signed by miners, before pulling out on their side of the deal at the last moment as the result of a massive astroturfing campaign and now desperately try and stop any purchase from Bitcoin Cash by calling it stupid shit like "bcash" and paying halfwit shills all over the place to engage in idiotic propaganda campaigns that largely consist of wearing dumbass hats and spewing dumbass shit?

In this world where core are actually as big a pack of cunts as I think they are, what is it that they do differently from all of the above that finally pushes you over the line and convinces you that they really actually are cancer?

>>4558465
I don't argue with people who assume Core/Blockstream are somehow a world conspiracy that can sensor all the important outlets of information. Too much tinfoil/ and /r/T_D for me. I am not a Core fanboi, I see a lot of their decisions as problematic. But they have constantly delivered high-quality code without fatal bugs and have been a relatively good steward of the project. That said, I have scaled back my BTC net worth and put more wealth into other coins to be prepared for Bitcoin going down.

If you are convinced we live in your parallel universe, by all means sell BTC and buy BCH. For me, BCH is an A++ speculation vehicle that has made me money through price movements that are so predictable that I believe they are artificial.

For wealth storage, I'd never trust a centralized Bitcoin version that is owned by a mining ops that has all economic incentive to sabotage BTC and sabotage true network decentralization.

If the flippening happens, my wealth moves to ETH/XMR and the chapter "bitcoin for wealth storage" is closed to me. I might still speculate with it, but that's it.

No hard feelings, though - everyone should follow their own conviction.

>>4558659
> If you are convinced we live in your parallel universe

See you misunderstand the purpose of the thought experiment. It is to demonstrate to you that in this reality where they already do these things (and they do, and I have proof for all of them if you want me to provide it) you still don't see fit to call the spade a spade and admit that they're cancerous and they've hijacked the original project completely and effectively centralised it. Those things are facts. You don't even try to offer a reasonable defense along the lines of "Well, if they did x, that would push it over the line for me" you just call what I can *prove *they actually do a "conspiracy theory" and assume that settles the debate.

What it actually does though is prove exactly my point. The only people who support core are ignorant of the actual behaviour of core, period.

So, thanks.

>>4558132

This post perfectly highlights why I encounter plenty of 'smart' people who simply cannot succeed long term when it comes to trading, stocks or crypto. You believe the world is fundamentally logical and rational, human behaviour is predictable, that better tech wins out, etc etc. Despite every incident that may prove you to be wrong, you will doggedly stick to your guns on 'the logical choice'.You trade ideologically, not in the sense that you're brainwashed, but in the sense that you're an idealist. The best wins, etc.

A good trader factors in human stupidity and irrationality. You will continue to be stumped why BCH fails and will never understand why, while to people like me it was so obvious from the beginning. My suggestion is you pursue a career in engineering or something, you'll be happier for it.

>>4558705
I'm learning mate. I got a stack of BTG and dumped it *immediately* on bittrex at far higher than my production price because I knew that technically speaking it was a steaming pile of shit that has no reason to exist. I also knew that people are stupid and gullible and will be extremely likely to buy it.

My exit price was 0.03 BTC, which is way below the peaks on various exchanges where this shit has been pumped. I made a huge profit over production sure, but I underestimated human stupidity and lost opportunity cost because of it.

I have already pursued a career in engineering for 20+ years, enjoy it and continue to do so, but I do find trading to be extremely fulfilling also because despite human idiocy indeed contributing a lot, understanding the actual underlying technical fundamental value of the various projects is also worth a lot. I pretty much predicted the present top ten years ago based on their properties (with the only surprise being XRP, which in my view is nothing but a steaming pile of useless shit)

I assure you. I'm learning.

>>4558794

The fact that you actually are an engineer highlights my point. Your age will also affect your biases. You probably got into crypto fairly late and your approach to it is to analysing the fundamentals, learn about the technology and it's use cases, make risk based calculations, etc.

I'm going to give you this piece of advice once: buy a few big names in crypto (BTC, ETH, XMR) and keep it in a hardware wallet for your kids and grandkids and get out. Trading in crypto is illogical and chaotic and it will leave people like you bitter and hollow. This is a gam where a simple slogan like 'chinese ethereum' increases a coins market cap by billions of dollars, despite only having one developer. You think your intelligence and experience will provide an edge, it won't, it will prove to be a disadvantage because in the crypto market you're not betting on the object, your betting on people.

If you do continue on this path, remember what I said if it all comes tumbling down.

>>4558884
Nope I got into crypto when BTC was less than a dollar. And I already hold "chinese ethereum" for that reason, and I have made out like a bandit from the pursuit. It has easily made more money for me than anything else I've ever done, and largely based around my technical knowledge of the actual value of the projects in question.

I'm alright with trading on emotion, I fast mined that BTG at the beginning of the fork for a production cost of 60 USD a unit because I knew suckers would buy it. I just underestimated *just how dumb* people actually are. But now I know the signals to look for when the rush tapers off and it's really actually likely to go down and *then* I'll drop my bags.

There's no "disillusioning" me to the useless nature of the majority of humanity. I'm already misanthropic as fuck and have been for as long as I can remember, I don't have or want kids or a family, I travel the world to avoid any kind of human entanglement and have no desire for emotional attachemnt. I actually find it amusing that humans still manage to fail to meet the extremely low expectations that I have for them, but hey, that's the world and I'm willing to take it as it comes and bend it to my will using the tools I have and developing better ones over time.

>>be roger ver
>>be early adopter and make a shit ton of money
>>create a cheap btc clone with your equally rich chinese buddy
>>beg for money to help promote your shitcoin

You can't make this shit up...

>>4558968
you sound like the biggest douche ever. Did you vote for Hillary by any chance?

>>4558998
Not american. Am anarchocapitalist so don't vote.

>>4558693
Yeah, whatever if you really believe I didn't understand your "thought experiment".

I just hope you put your money where your mouth is and sell your BTC.

>>4559009
>anarchocapitalist

>>4559016
Curious to know why you don't actually address his points. I'm in the same boat as you here and finding myself stumped.

>>4558465
>>4558693
Can you provide your evidence for a willing-to-learn lurker at least? I'm not brave enough to debate you on it, but I'd love to see whether you actually have anything or whether you're a shill and this is a bluff. Your reasoning makes sense to me, but I feel like I could take it both ways at this stage. What makes the difference is hard evidence.

>>4559145
Btc has problems that doesn't mean bch is the solution. Bch has no devs just smoke and mirrors. Eth is also complete shit.

>>4558968

I am skeptical, but willing, to believe someone who got into BTC before it was a dollar would still be on 4chan biz. That being said I am absolutely unwilling to believe that such a person would unironically support bitcoin cash. I think we can all be completely realistic in admitting that while cash supporters have a legitimate grievance, the vast majority are basically hoping for a second chance at bitcoin. If you really bought btc for under a dollar, by now you'd have split your portfolio up into the big promising coins, and holding bitcoin cash from the fork just in case. You would not be gambling it on trades, only a retard would do that.

For those reasons you are a larp, and an unconvincing one at that.

>>4559145
Sure no problem.

Claims I made;

1) they resolutely refuse to provide any technical reasoning for their idiotic scaling roadblocks,

https://www.youtube.com/watch?v=5SJm2ep3X_M Technical talk going into the actual scaling of Bitcoin using a testnet in real world conditions using blocks up to 1gb, highlights flaws in the design and implementation of the actual core client.

2) say out loud that the business plan for blockstream is to make money on charging fees for off chain transactions

Adam Back (CEO of blockstream) admitting it here when someone assumes it's a "conspiracy theory" https://twitter.com/adam3us/status/923309367260274688
3) They've seized control of the majority of the discussion forums on the subject and outright censor any opposing views calling them on their behaviour,

https://www.reddit.com/r/Bitcoin/comments/3h9cq4/its_time_for_a_break_about_the_recent_mess/?st=ja45nlq1&sh=ab0c785c

Theymos (the cunt that says "If 90% of /r/Bitcoin users find these policies to be intolerable, then I want these 90% of /r/Bitcoin users to leave.") also owns bitcointalk.org, and maintains bitcoin.org

4) they used manipulation to push a poison pill into the network to get signed by miners,

See NYA which pushed Segwit signalling on the network from below 40% to above 90%.


5) before pulling out on their side of the deal at the last moment

See the final result of the NO2X campaign.

6) now desperately try and stop any purchase from Bitcoin Cash by calling it stupid shit like "bcash"

See the amount of people *in this very thread* using "bcash" (and note that it pretty much comes up constantly on every single thread in which BCH is discussed, and Greg Maxwell who leads the core dev team throws it around every time he refers to the product)

7) and paying halfwit shills all over the place to engage in idiotic propaganda campaigns that largely consist of wearing dumbass hats and spewing dumbass shit?

Look up NO2X and UASF campaigns and hats.

>>4559230
Why would I *not* support Bitcoin cash given it actually is unironically the original product which I signed up for all those years ago, and is a slap in the face to the cunts from core I loathe so much?

As for "still being on 4chan biz" actually I only even came here very recently when I wanted to see if anyone had any reason why the attack I'd formulated would not work from a technical perspective, but I didn't want to associate any of my known online aliases with it. In the couple of weeks I've spent here I've found it kind of amusing, a bit sad at times, but not entirely useless and somewhat educational, and I'm pretty much only here to put together what happened with this whole situation in my head, after which I will likely depart and not return again, because despite the vaguely amusing nature of the place you're basically right it's kind of a waste of time.

And what makes you think I *haven't* split my portfolio up into the big promising coins? I never claimed that at all. All I've told you is I hold some BCH and NEO, which is completely different from saying I don't hold XMR ZEC DASH ETH etc.

Whether you believe me or not is basically of zero consequence to me. I'm only being cordial because the advice you gave I do actually find pretty much on point, and thus I see no upside to being a cunt to you.

>>4559211
In terms of practicality, it's easy to see why BCH is a valid temporary solution as a payment system, but I don't believe that this is what is prompting investor interest. My specific concern regarding thread between the 2 I quoted was regarding the supposed shilling/misinformation that each were accusing the others' party of.

Can you support what you say about BCH having no devs and Eth being shit? I'm not a BCH supporter nor do I believe in it long term, but I was still under the impression that there were teams of devs working (and I have checked github commits and believe I was well researched on it).

>>4559304

Let me put it this way, anyone who managed to make 5MM+ from buying BTC back in the day would not feel any emotional need for BCH to succeed, that's not to say they might not prefer BCH from an ideological or technological point of view, what it means is they would not descend into defending BCH the way you have in previous posts in this thread. Sure you may come here for some insight, but the fact that you have actually engaged in a discussion with some of the small fish on this threads defending BCH, that is not the behaviour of a whale. It is the behaviour of someone who needs to reaffirm to themselves they made the right choice. If you have a balanced portfolio and have a lot of BTC and BCH, you would absolutely not be behaving the way you do. I could go into more detail, but we both know behind your computer screen, you're full of shit. Don't even both beginning to type your dismissive rebuttal, anyone here with experience spotting shills knows you've overplayed your hand. Best get a new script kek.

>>4559427
why wouldnt they? It's clear under core's stewardship that BTC is losing dominance and will be replaced. This recent bump up won't continue. It will lose market dominance either to BCH or other promising alts. It's better if BCH wins out and becomes BTC.

>>4559482

I'm not arguing that, I'm saying if you're a whale you'll be discussing BCH and stuff with other whales. Only a pajeet shill would spend their time defending BCH in a thread on /biz/. Think about it, if you had 1MM in your bank account right now, honestly, would you be in this thread?

>>4559427
I never said how much I made, and I never said I had an emotional need for BCH to succeed, and if you're reading one, you're reading incorrectly. I would prefer that it succeed over BTC, but I could make plenty of reasonable arguments why other products maybe should succeed over both. I do hate BTC, but I don't love BCH, it's just a useful knife.

For that matter I don't "love" any coin. They're all just horses in a race I'm betting on, effectively.

And I'm not trying to "reaffirm" that I've made the right choice, I just want to actually understand what's happened here, that's really it. If I'm wrong I want to understand why. If I knew I were wrong and I understood why, that would actually be better from my perspective than thinking myself right and yet not understanding why what I assumed would happen, didn't.

I also didn't say I hold a lot of BTC. As far as I'm concerned BTC is shit now, and only useful for pumps and dumps, and the only thing that will change that is the removal of core and reversal of the current status quo centralisation around it.

>>4559336
Eth rolled back transactions from a bug in a contract because the foundation would have lost money, it's centralized. The EVM is shit that encourages buggy contracts with disastrous results like the one that caused the rollback.
No code commits = no devs. This guy shits on bcash better than I can but most of it's obvious.
https://www.youtube.com/watch?v=sJAXH2FN9Dc

>>4559508
And as for "discussing BCH stuff with other whales" you really think I want to be speculating on the flat out death of what most would consider the pillar of the ecosystem with people who have serious skin in the game in this flippant and offhand way? That's pretty ridiculous.

>>4559508
If I had 1mil I doubt I'd be doing much different than I am now. I enjoy shitposting on /biz/ so why not. This board has more reach and influence than people realize and someone needs to counter the corecuck shills.

>>4559551
>listening to Richard Heart

>>4559336
Just quietly, regarding BCH having no devs, the guys in that tech video discussing the flaws in the core software are BCH devs.

Also the douchebag the guy gave you to try criticise the state of BCH development is this guy;

https:// www.reddit.com/r/btc/comments/79y40b/scammer_alert_you_know_the_narcissist_guy_who/

>>4559608
I like your posts engineers rock

>>4559608
That guy is clearly a douche but he's also clearly right in that video. Tilting the bitcoin logo and doubling one value in the code isn't development. These aren't serious contenders for carrying the torch of crypto, they are market manipulators.

>>4559737
I strongly encourage you to watch https://www.youtube.com/watch?v=5SJm2ep3X_M

I think you'll find actually the quality of these engineers is pretty decent after all, contrary to what you've been led to believe. Granting of course that it's not even about "carrying the torch of crypto" from my perspective, it's about removing the cancer that is the core dev team.

Five competing teams of developers, some of who clearly have great technical rigour, is a pretty promising start imho. We'll see how it goes of course but it's really just not as simple as "lol they changed a 1 to a 2 and they have no other plans and no other worthwhile insights or anything to add to the project".

>>4559792
The narrative cashies push is just that btc is awful, it's never about what bch brings to the table which is apparently nothing. Btc needs to focus on successful decentralization above all. Transactions times are not a priority. The other altcoins are fulfilling the role of experimenting with fast transactions and all kinds of features which often cause failures. When a method is completely proven it may take over btcs role but bch is nowhere close to that. It's just another shitcoin.

>>4560034
> Btc needs to focus on successful decentralization above all.

Well given the state of reality as it stands, I'm afraid I can't see any reasonable narrative which actually resolves to a description of what's happening in BTC as "successful decentralisation", so right out of the gate, it's a complete and utter failure.

If we speculate that's the only reason it should even exist, we must therefore conclude that it should not exist.

If however you are accusing me of being a "cashie" (did I get that right?) I would point out that removing core would by extension remove all the cancerous shit for which they are responsible, and in so doing strongly contribute to decentralisation of the product, so I'd say that I'm pretty clear about what it is BCH brings to the table; An end to core and a sensible starting point for a good path forward. It's really that simple.

>>4560034
>The other altcoins are fulfilling the role of experimenting with fast transactions and all kinds of features which often cause failures.
Yep, there's literally no reason to go with BCH when BCG (if you want to continue using a coin based off the BTC blockchain) or ETH/LTC are better in every aspect, including decentralization.

>>4560304
>BCH is the real Bitcoin

>>4560304
Ltc is the one I actually use to move money around. It's mature with a relatively stable price and the best third party adoption after btc. If you want to make a simple site that interacts with crypto ltc is the easiest to use.

IT'S FUCKING CRASHING AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA MOMMY MOMMY AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

When do you think it will get lots of trading pairs on exchanges?

>>4551852
Just checked the price for the first time since last night, I thought I'd return to see the price at 0.15. Its held up well considering the BTC increase. Not completely JUSTed yet.

>>4560361
Also the litecoin community is bro.

So its "the next hours".
Wheres the promised korean pump.