/biz/ - Business & Finance

>>50701059
>world computer
megakek

>>50701239
a single-threaded world computer at that! truly a marvel of the modern world and the future of finance

Holy Shit it keeps going

https://bitinfocharts.com/cryptocurrency-charts.html

99% of those transactions are spam

>>50701801
>spam
No such thing. They are paid for and executed.

Here's a breakdown of the apps creating the tx:
https://bsvdata.com/applications

Someone please post the pic of whitepaper

>>50701835
it's spam

tell me, what's the TVL?

BSV won't be underpriced for much longer

>>50702038
TVL? Are you retarded? Lock your funds on Celsius then or maybe stake on CRO so you miss the top if you think the metric is so great holy shit you're daft hahahahaha

>>50701059
you believe BSV, which hardly anyone knows about, has more transactions than all of those chains combined before thinking that maybe it's being spammed or maybe those figures are just wrong entirely? are you insane?

>>50702228
I sent myself a 0.01 BSV tx for like 0.000001 fee or so, 5 zeros anyway. It's dirt cheap. That's why there's so many tx, coz apps don't need to be all careful like on ETH which doesn't scale. Games that are possible on BSV literally can not work on other chains.

>>50701059
Eth is a scam

>>50702177
you are a child

>>50702257
Right. And remember what happened to harmony?

>>50702285
Am I? Do you understand what will be possible on Bitcoin? You can't even fathom it. Hell, I can't. All I know is that once ETH Developers realise they can move to a chain that scales the piechart will be so ridiculously skewed towards BSV that the others will hardly be visible

It's almost as if Satoshi's system worked right from the start

>>50702038
lol, tvl, lmao
tell me what utility does tvl provide besides providing exit liquidity for whales?

>>50702324
>>50702319
TVL is by no means a perfect metric, but it's a lot better for comparing DeFi adoption than directly comparing tx counts between chains.

So again I ask: what's the TVL on BSV?

>>50701059
I'm more confused as to who the fuck is using XRP to be honest.

>>50702452
>what's the TVL on BSV?
I have no idea because that's not something I give a shit about. You don't need liquidity locked in some smart contract to interact with BSV. You just need a wallet connected and then you can begin interacting with a number of different apps, taking advantage of micropayments. The only reason for TVL is to exchange one shit coin for another.

>>50702318
No, refresh my memory.

>>50702562
TVL is a misnomer, it doesn't mean literally locked, it refers to the value of all funds put into the dApps and protocols built on a given chain.
You should care about TVL because it's the difference between a massively adopted dApp with billions in value using it, versus some literally-who game with a few million in value spamming cheap txs.

>>50702562
>You just need a wallet connected and then you can begin interacting with a number of different apps
Also I'm a bit concerned that you seem to think BSV dApps aren't smart contracts and that connecting your wallet to a dApp (aka smart contract) is somehow different than literally all other chains.

>>50701835
>igaming executes more settlements through BSV than Ripple ODL customers

>>50703807
kek

>>50701710
>>50701059
BSV has a BUNCH of nowhere transactions just spoofing the numbers.

>>50702534
Maybe you should think about it.

>>50702726
>spamming cheap txs.
The sheer *ability* to spam cheap tx is what proves it scales. Gaming is great, cause it stresstests a system. Just like gaming pushes computer graphics forward.
Long story short, no one else can sustain that TPS and be secure PoW.

Also, my picrel, Holy Fuckshit, there's no stopping it jesus christ

How many BSV to be comfy?

>£1
£1
>£1
£1
>£1
£1
>£1
£1
>£1
£1
>£1
£1
>£1
£1
>£1
£1
>£1
£1
>£1
£1
>£1
£1
>£1
£1

>>50706640
5.5m transactions
1.25m transaction
0.3m transactions
>5.5m transactions
>1.25m transaction
>0.3m transactions
5.5m transactions
1.25m transaction
0.3m transactions
>5.5m transactions
>1.25m transaction
>0.3m transactions
5.5m transactions
1.25m transaction
0.3m transactions

>>50706699
Not buying your bags

>>50706726
Well aren't I lucky that I don't need you to, plus you will be *begging* to buy at these prices in a year lmao. You think 5.5m is much? It's 64 TPS. BSV already did 250 tps on livenet and guess what, it wasnt at the limit yet. And Teranode will literally make your head explode

After the peter McCormick verdict the bsv shills have been working overtime to try to salvage their shitcoins reputation. Nobody gives a shit about your pajeet coin. Nobody even gives enough of a shit to attack it like they have with BCH. It's used by basically no one and you have went to retards on an anime basket weaving forum to try and pump your bags. It's sad

>>50704727
it's literally just 1 pay2win mobile game that spams the blockchain with transactions

>>50706968
Kinda funny how 1 game on BSV does more tps than the entire Eth network lmao

>>50706962
I've said somewhere, maybe a different thread, that this McC verdict is obviously kind of a shitshow. I say that as a big bsv shill. But the thing, McC dropped the Truth claim (ie he did NOT want to challenge CSW being SN) and I think he did it cause he was afraid he couldn't win it. Cause if he wins, he gets his money back. That plus CSW actually did win all 15 or so points of defamation. The £1 is obv a big slap, but I think this Judge is a bit special, cause it seems he forgot innocent until provne guilty - he basically wrote "in Kleiman vs Wright there was many forged documents, and even tho CSW was not proven to have forged them I can't think of anyone else forging anything coz I'm retarded so I think CSW likely did it anyway even tho nothing was proven".
Imagine a Judge that's meant to be impartial thinking like that.

>>50706329
Show me BTC EVER doing 1million transactions in 1 day, bullshit 'nowhere transactions' or not.

The nowhere transactions is what demonstrates the chain is functionally useful.

>>50706431
>How many BSV to be comfy?
Uhm I would say think of it like BTC. Would you be happy right now owning 2.1 BTC? 21? 210? Find your comfy spot.

Be warned however, this shitshow has been going on since 2015, and while atm a lot of pieces are finally moving there's no guarantee, because people are infinitely stubborn.

>>50702319
Holyshit, this fag is serious. You actually think BSV is a scaling solution for…btc- ho my sides-

>>50707621
>You actually think BSV is a scaling solution for…btc- ho my sides-
No. BTC is SegWitCoin and BSV it merely Bitcoin. And yes, I am serious about that (;

>>50702319
i think 99% of shitcoin devs on eth aren't serious. they do minimal effort work and make an nft roadmap etc while playing games and selling off printed tokens
it's all a scam and a joke - pic related

>>50701059

You should look into ISO20022 and ISO20022 compliant cryptos. On your list, XRP is the only one. All the others probably won't be part of the coming QFS.

>>50708959
BSV isn't intended strictly as a financial vehicle. That is the proposed utility, but whatever else someone uses the transactions for becomes somewhat secondary to the network as only a means of mediating like-to-like exchange.

See >>50704727
The majority of the network activity, although literally transactions of BSV exchanging between addresses, is being used to facilitate other things that use those transactions as vehicles of exchanging information in a vehicle that maintains the integrity of the information exchanged.
View bitcoin/BSV as nothing more than a payment processor and you miss the forest for the trees.

>>50702177
what's your price prediction on BSV 3 years out. Teranode launched and enterprise and or government use as "spam" implemented_

Is it enough for me to be cozy_

>>50701498
Screencapped. You're gonna look like a dick once sharding is released in 3 years.

>>50707178
I don't care about BTC. Maybe BCH has? I dunno.

ctrl + XRP no serious mentions... yeah im thinking we're gonna make it

>>50709997
https://bitinfocharts.com/comparison/bitcoin%20cash-transactions.html#alltime

looks like there was a spike to 2mil.

Too bad BCH still lacks the op codes from 0.1.0 bitcoin implementation that were unceremoniously stripped alongside the tiny block size limitation that rendered BTC a trash crap transaction network that couldn't do anything more than be a transaction network.

BCH may be a transaction network, but absent the op codes which were (re)added to bsv that's all BCH is. Still no telling if BCH can even functionally handle the 2mil 24h transactions it once happened to process in sustained fashion, but credit where it is due - that happened.

BCH is nearer Monero as both are only trying to
be transaction mediums and little else, where Monero does "money" better.

>>50701835
So you're telling me that with that transaction volume all of the bsv miners are splitting....$300/day? So they do it for free?

>>50702285
chill bae, a couple of laughs don't hurt anyone, we need a moment of rest, I've been coping with champ for a while now, I think laughing like a retard about things like that wouldn't hurt me

>>50701239
Truebit is the world computer

>>50710374
Every day another fudder has their "new tech" coin gets and leaves.

>>50712503
>Every day another fudder has their "new tech" coin raped, and leaves.

100TB blocks this year

>>50712748
One thousand gigas! Impressive! That's a billion times bigger blocks than core coin, kek

>>50713080
I mean one hundred thousand gigas!

>>50709941
ETH won't last 3 years Rooskie.

>>50706354
Adoption is the one the stopping it. Kek

ICP dabs on all your gay chains, at once.

>>50709919
>what's your price prediction on BSV 3 years out.
I don't do price predictions. Vast majority who try get it wrong and it'd be naive to think I am the one guy who can get it right.
But I can give you my general way of thinking:
- we had shitshow since 2016
- lawsuits were coming, but covid happened
- covid is over, lawsuits are finally rolling in. some are mixed signals, like McCormack, but generally CSW has won
- many of his predictions came true (scale, turing completeness) and together with the lawsuit wins he is gaining massive industry acceptance (IPv6, IEEE)
- more lawsuits coming
- market generally near a very viable bottom area (200WSMA) and miner capitulation in process. could we drop to 14k BTC? sure, but no one knows. and if BSV is successful BTC *will* drop, and much lower than 14k, pretty much to $0 longterm
- apps are running on BSV (social media, blockchain games that prove scale...)
- bridge from ETH Solidity to BSV exists (sCrypt transpiler)

Which really shows a change in trend and that's what is important. So in the long-term I unironically think BSV might replace 99% of the entire crypto market, most of it is useless scam anyway, but also ETH and BTC. I think the flippening is possible within 5 years. However this doesn't necessarily mean BSV goes to 69k and beyond replacing BTC, as such a huge market upheaval event could also scare many people off, given they don't have this deep knowledge we have - many many will think "oh so it was a scam after all".

So my price prediction is in 3 years from now BSV will be higher than now. Possibly quite a lot higher. I think a halvening occurs within 3 years, right? That'd be a catalyst for a push, too, also it'd put massive new pressure on BTC, given the subsidy is the only thing keeping BTC miners profitable. BTC's price would have to rise to compensate and we already saw it struggle as it went from 20k prev peak to only 69k with like 35% inflation.

So thanks for coming to my Ted Talk anyway.

>>50710922
Difficulty is lower and they run less machines, so their costs are lower, too. Check a profitability page. BTC/BSV mining switches who is more profitable regularly already.

>>50712503
BSV is around since 2008. It is Bitcoin. CSW is around since 2008, he is Satoshi Nakamoto. Is your shitcoin around for that long?

>>50713155
Not true. BTC has no real adoption - you can't do anything with it and I would not be surprised to see Lightning Nodes get hacked eventually or at least DDoS'd to bring them and the network down.
On Bitcoin (BSV) you can at least build products that work. IoT only works on BSV for example.

>>50713186
ICP? I mean. I don't know what to say to you ^^

>>50701835
If you can run 10k TX for 5-6 bucks you can spam the network pretty easily

>>50713420
>Pay for tx
>it's spam
??????

Also, why would it matter? Not like fees would skyrocket like in ETH. Network just processes your "spam" and keeps on going. All you'd do is contribute to PacMan picture above

hope you late adopters enjoy holding onto dead alts like xrp/bsv

you could have made easy 100xs in this bull run
but instead your estrogen-soaked feminine minds choose to stay emotionally attached to ancient alts that have already made their permanent highs

>>50707095
DELET THIS!

>>50713267
>>50713339
DEEEELLEEEETEE THIS GOYY!!!

>>50713770
>>50713818
Since you're here, have you read into Scronty (Phil Wilson) a little bit?

>>50713420
bitcoin is made for microtransactions, you think it's spam because of corecuck mindset and small blocks where miners fit the "valuable" transactions into the block with big fees
in the real bitcoin, everyone pays the same fee whether you send 10 cents or 10million dollars

>>50701059
I bet there will be a major boost in transactions and general adoption when ease of use across multiple chains is improved.

>>50712478
Still largely controversial.

>>50713140
Kek faggot, it'll definitely last beyond the next decade, considering the fact that it's a big part of Ore network which is the on the front pushing for mass adoption of the blockchain

Quick Maths:
7.26 / 1.23 = 5.9

BSV is doing 5.9 times the throughput of the entire World Computer ETH today lmao

Tps isn't everything. Mainstream institutions care more about trust and security for blockchains they intend on using.

>>50715416
Exactly what we need right now. An easy identification system that brings all the chains together. It'll definitely make access easier

>>50717272
>Tps isn't everything
That's like saying Horsepower isn't important for an electric car when it has 7HP while the ICE cars have 170HP.

TPS is very fucking important.

>>50706354
>>50707178
You guys are way too fixated on TPS. A centralized data center has the highest TPS possible. If you're just looking for throughput, blockchain tech isn't the answer.

What's the benefit of blockchain tech vs centralized services we currently use? A trustless decentralized global settlement layer. Not TPS.
Think receiving salary, moving funds through bank/investment accounts, buying real estate, paying taxes, paying bills, etc.
If the settlement times can go from days or even weeks (current) to <30min that's a massive improvement.

The optimal outcome from a UX standpoint is centralized/hybrid services building on top of blockchain tech without end users ever needing to touch it directly.
The centralized services can manage tx batching and rollups internally.

Not everything should be built directly on the blockchain base layer.
Unpopular opinion: blockchain gaming is a fucking stupid concept. There's no reason to shoehorn it onto blockchain tech.
Mass adoption will never be average joes sending irreversible txs and managing hardware wallets/private keys on their own.

>>50714950
I skimmed a few reddit threads just now. I guess there is a book?

>>50720438
>TPS
>Trustless
Picrel. Bitcoin literally does both. That's the whole joke. BTC is so bad it's incomprehensible.

>>50720438
Also tons of other important metrics to look at other than TPS.

Quality and quantity of core devs? How about dApps devs? Is there a growing development trend?
What does the dApp ecosystem look like and how does it compare to other chains?
Is the dApp development tooling good? Do devs want to work with it?
How decentralized and secure is the chain?
What's the TVL? Are people/institutions putting real money on the chain?
Are there current or upcoming use cases that tie in to the real world?

>>50720526
Then why do I remember BSV getting 51% attacked as recently as last year?
The reputation of BSV is neither "decentralized" nor "secure"

>>50713339
Craig could barely write hello world in c# kek

>>50720599
Ah another piece of "evidence" that has no reliable source. Maybe fake another whitepaper printout while you're at it?

>>50720547
What, you want even more spoonfeeding? The Links in this thread already show what apps there are currently.

>>50720588
So what was the effect of that 51% attack

>>50722409
honest miners excluded the invalid chain

>>50719637
>TPS is very fucking important
Yes, but it isn't everything. Schlomo isn't going to choose one coin over the other just because its TPS is 5-10% better. ETH and BTC have major backing which is why they outperform BSV in spite of their shitty metrics. Ripple also has decent backing and can also has decent metrics on par with BSV. TPS is only one colour of the rainbow Pajeet.

>>50722450
>CSW invited to IEEE next to one of the daddy's of the internet
>CSW buddies with IPv6

And it hasn't been very long since Kleiman vs Wright concluded.

Besides, who cares about backing? Dozens of smartypants "backed" dotcom companies and lost millions of $. Saylor amongst them btw, look it up.

All clear, it's coming down again.

>>50723973
DELET THIS!