/biz/ - Business & Finance

ok adam back thanks for the advice

I got a limit buy at $2,600. Too high?

>>5300087
this is greg actually

>>5300102
You never know. Make it small and buy the rest after the dump.

>>5300102
Yeah, drop it to around 2200.

>>5299978

Bitcoin Cash rose too fast after buy/sells were enabled you lying corecuck/shill. Coinbase had no choice but to cool things off for a little while.

Once buy/sells resume Bitcoin Cash (the true bitcoin) will start rising again.

>>5300104

>>5300204
Except that bcash fell from 4400 to 3300 once gdax opened.

Coinbase's CEO (Brian Armstrong) is OPENLY anti core/bitcoin. He's delaying the dump to protect bcash.

>>5299978
Bcash has been trading all night. Anyone who wants to dump can.

>>5300295
not coinbase users. Their bcash dividends are still locked.

>>5300293

Yes it briefly dropped as was expected when gdax initiated trading and then it steamrolled back up to $4400 before Coinbase deactivated buy/sells to cool things off as I said.

Stop making up fucking lies you piece of shit. Yes Brian Armstrong supports Bitcoin Cash because Bitcoin Cash is Bitcoin.

>>5300395
>enables buying
>doesn't enable dumping
>price goes up
>"see? bidgoin cash iz the real bidgoin"

kys, retard shill.

>>5300314
is it known when it will be unlocked?

>>5300293
Say the line! Come on! "It's an attack". You can do it.

>>5300395

this

>>5300443
within few days

>>5299978
Wrong. You have been able to withdraw BCH since Coinbase released BCH services. Normies werent in crypto during the fork, the only people who even have BCH stored on coinbase are people who know how to move things between exchanges.

A correction is probable, however we won't see a trend reversal. This thing will keep going up, slow and steady.

>>5300474
Actually this. I don't know if people are just plain retarded and uninformed, or spreading false rumors on purpose. Obviously everybody could withdraw their BCH and not wait 5 months to be actually able to do it. Everybody will buy this shit because it is "cheap Bitcoin" for normies. I don't care about politics, but bought 6 BCH last week because I knew it will rise. And it did.

corecucks are shaking in their boots

>>5300314
If you are trading like that you are using gdax or else to are a holder.

>>5300435

The price was rising rapidly not falling you stupid fucking shill, go suck Adam's cock.

>he thinks increasing the blocksize is a good solution
Kek

BTC mooning right now
you cashies fucked up
see you at 23K later tonight

>>5300786

It is a very good solution.

>>5300435
Don’t live a shit about short term price changes, utilitarians will use the usable coin, market will catch up eventually.

Traders here should pay attention if you want to take a short term risk, (it’s not completely invalid)

>>5300993
10s of shitcoins have low fees.

>>5300993
If businesses want a low fee coin, they will go with Ripple. Professional company and the centralized aspects are specific and clear.

bcash: centralized mining, centralized software development, creators/promoters have criminal history, confusing for noobs

>>5300859
>being a brainlet
Fuck off pajeet

>>5300445
>CNBC
>coinbase
>bitpay
muh appeal to authority

>>5301258
not to mention that Bitmain (owned by Jihan) is a bitpay investor.

>>5301258
lmao corecucks cannot into logic

im starting to feel sorry for them

>>5301258
as for Coinbase...

>>5301343
>you have to choose one of the two kike sides
Like pottery. Why the fuck are you guys in crypto again?

>>5301377

>>5301405
>Why the fuck are you guys in crypto again?
like 99% of the people they are here to make money
only the absolute retards are here because >muh banks have screwed with us for too long

>>5301438
fucking degenerate kike

>>5301178

Pajeets deflecting heavily nowdays.

On-chain scaling is happening with Bitcoin Cash and it is a good solution, as originally envisioned in the Satoshi whitepaper.

>>5301513
that whore needs to wax her god damn legs jesus christ, wouldn't touch that slit even if i was cold as fuck and needed her hairy legs for warmth

I'm not sure who I should listen to. The FUDers or the shills? I have 0.26BCH which is literally 50% of my portfolio. If the FUDers are correct, I will probably go down 25% in portfolio in a matter of minutes, and will probably have to wait for months before it gets back again, whereas with shills, I don't know if it will explode or do nothing

>>5301542
50% is too much for a cheap Chinese knockoff that depends on market manipulation and propaganda to pump.

I would bring it down to 10% max if I were you.

>>5301542
They're dead wrong. People who want to dump their BCH have been able to for 2 days. The more important thing about coinbase enabling trading is that it opens a normie fiat/BCH gateway that hasn't existed before.

Will it moon immediately? Hard to say, but it's laughable to think coinbase trading will damage BCH.

>>5301492
People with infinitely more money than all of us combined are behind everything and there is nothing you can donto stop them. Stop watching tv, buy coins and make as much as you can before they pull the plug on us all. This is the future you chose.

>>5301537

>>5301513
The paper literally says nothing about scaling you mong. On top of that, I could make the exact same argument for shitcoins like bitcoin gold, why is bitcoin cash the choice? Oh because a few people created it, shilled it, mined it themselves at insane difficulty retargets to inflate it...

So you have a currency based on stolen tech, that has scaling directly proportional to centralisation, created by a few guys that are miners, that doesn't have segwit which is required for lightning.

All the arguments about BCH, I could make for fucking bitbean, shit has like a 20mb block every minute...

>>5301687
>segwit

Segwit is a failure that has like 10% adoption and you are delusional if you think LN will be any different.

What the hell does this mean?

>>5301839
It's to offset volatility.

>>5301877
Yeah but I can't even sell a 0.000001 BCH

>>5301687

>data to be encapsulated in blocks
>The paper literally says nothing about scaling you mong

Pick one, retard.

>Stolen tech
>Public licence
https://en.wikipedia.org/wiki/MIT_License

Having said proven it is actually impossible to 'steal' the bitcoin code, BCH is merely an upgraded version of BTC.

Really panjeet, do you have any actual arguments or just more of these non-arguments? Bitcoin has already gone through a number of forks, the only difference this time is the old fork is refusing to die, it will, just more slowly this time.

Buy Bitcoin Cash.

>>5301741
>10% adaption
https://blockchain.info/fi/charts/bip-9-segwit
more like 0.14%

>>5299978
what is the exact time they will enable dumping ?

I'm dumping right now. It smells.

>>5302014
Which group do you think is bigger: The relatively small number of people who have BCH left on coinbase from the fork, intend to dump it, and have for some reason not simply moved it to GDAX and dumped there

OR

The massive influx of normies who have joined coinbase since august and are only finding out about BCH now. Do you have any idea how much coinbase has grown in the past few months? There isn't going to be a dump, and you need to prepare yourself for that fact. The pool of potential buyers massively outweighs the people who can dump.

>>5302014
within few days. They said they are waiting for decent liquidity in GDAX, of course it's a lie, Brian Armstrong is anti Bitcoin and wants to save bcash. See >>5301406

>>5302095
the new users see bcash falling, they will stay away from it. it lost momentum.

the old users will dump, they didn't move to gdax because they are technically illiterate.

the dump will scare everyone, whether coinbase users or not.

>>5300204
BCH is traded on every exchange. Why on Earth is it going to pump just because GDAX opens again? If anything it will dump.

All the CoinBase users are going to have their coins unlocked and given to them for free. And you think they are going to BUY MORE? Fuck no. They are smashing that sell button.

I am all in ALTs by the way. I have no dog in the fight.

>>5303003
>All the CoinBase users
No, a tiny minority of coinbase users.

> going to have their coins unlocked
They already are unlocked you spastic.

>>5303203
they can only withdraw to another exchange, and that's like rocket science to them.

>>5300087
>>5300104
>>5300204
>>5300241
>>5300295
>>5300395
>>5300445
>>5300474
>>5300528
>>5300859
>>5301343
>>5301513
>>5301741
>>5301936
>>5303203
samefag

>>5301542
as soon as the normie floodgates open at coinbase it will go to at least 4k, might even go to 6k

>>5303289
lol deluded . Anyone in crypto since august knows how to withdraw to an exchange, even if they are retarded normies.

It's the normies who've joined since august that you need to worry about. But there's no point in arguing about it now the answer will be revealed soon.

The problem with this argument is how many coinbase users were there in August
How many are there now
You're the same person who calls it normiebase

It wasn't normiebase back then

Fuck you

>>5303457
would your mother be able to sign up at gdax, withdraw and sell? and if she can, do you think she would wait to sell with one click in coinbase or go through this trouble?

the dump is coming and it will be huge, I know you are terrified.


>it's the normies who've joined since august that you need to worry about

see >>5302868


>>5303502
see >>5302868

>>5303553
Yeah your argument is retarded bro, BTC is also falling so I guess that's doomed too, normies will see the chart and never buy it again.

I'm not remotely terrified of a dump because I actually have some idea of the numbers involved. You are vastly overestimating the number of clueless normies with BCH on Coinbase.

check out these sell walls in gdax, they just keep growing.

>>5303641
no, bitcoin is not in the pump and dump phase. bitcoin always have dips. bcash is still new and dumped few weeks ago. people don't believe in it.

>>5303553
>Buying the dip is something only you do
Holy shit you are retarded
/biz/ literally buys high sells low but thinks everyone else does it

>>5300993
>muh normie usage
Why the fuck you keep thinking normies matter in any of this? kys

>>5303690
Here's what normies will see:

Bitcoin: $16500
Bitcoin Cash: $3300

Normie thought process: "Wow I can get this new bitcoin 5 times cheaper than the old one!". That's how retarded normies are, and you know it.

>>5303714
>cheap knockoff that lost momentum and falling
>wow great investment opportunity I better buy that now!!

I got 2 BCH credited to my Coinbase account yesterday and sold it on GDAX yesterday afternoon, trading is still up and has never been down.
To suggest there is a wait needed, is retardoid.

>>5303770
normie thought process: I saw this at $9000 and now it's $3000. Looks like a cheap scam. I better stay away.

>>5303821
Haha you truly are retarded. Even normies can understand the concept of buying something cheaply you mong.

>>5303821
> I saw this at $9000

if someone doesn't know what I'm talking about.

>>5300834
nice 23k corecuck

>>5300102
>I got a limit buy at $2,600. Too high?

Yeah, drop it to 0.

>>5300859
>It is a very good solution.

No, it's not. And cryptokitties proved that. It's not his fault that your pea brain can't understand.

>>5301936

bcash devs are so few and so shitty that bcash is already behind, in terms of code. Let that sink in, shill.

Look at their coin. Look at the wallet they chose. It's all a copy. Even their fucking symbol is a copy.

This entire coin has been engineered, from the very start, as a scam.

Yes, you missed Bitcoin. No, you can't meme yourself another one.

Deal with your asspain like a man.

>>5304306
D E L U D E D
E
L
U
D
E
D

>>5303849
>Haha you truly are retarded. Even normies can understand the concept of buying something cheaply you mong.

This naive belief contradicts everything that has always happened in the stock market since the beginning... of the stock market.

Normies buy high and sell low on a consistent basis. The market wouldn't operate the way it does if they didn't.

This isn't up for debate. It's a simple reality.

>>5304306
this isn't going to end well for you

>>5304341

Not an argument. Thanks for confirming, to everyone, that you have no idea what you're talking about.

Shoo shoo, bcash shill.

>>5304419

Decentralization is the entire point. bcash is centralized.

Deal with it like an adult, please.

>>5304306
Go shitpost on reddit we're you came from fagot alsoso enjoy you store of value bags and the (((lighting network)))

>>5304466
Wait, you had an argument?

>bcash devs are so few and so shitty
At least 5 independent development teams, at least one with multiple PhDs

>bcash is already behind, in terms of code
Cause it doesn't have the shitty Segwit and has a greater blocksize to allow for more transactions and cheaper fees and has way more planned than core with its vaporware promised since forever?

>Look at their coin. Look at the wallet they chose. It's all a copy.
Do you know what a hard fork is?

>This entire coin has been engineered, from the very start, as a scam.
How do you define a scam Sherlock?

>Yes, you missed Bitcoin.
No

>No, you can't meme yourself another one.
Yes

>Deal with your asspain like a man.
D E L U D E D
E
L
U
D
E
D

>>5304096
kek

>>5299978
BCashies drank too much of Satoshi's Vision to see clearly

>>5304623
>At least 5 independent development teams, at least one with multiple PhDs

and the team controlled by bitmain forced his difficulty adjustment algorithm on other teams. there were like 3 proposals, all got ignored.

>shitty Segwit and
segwit is fix for malleability big and makes it easier and more secure to implement second layer solutions. Anyone who hates it is either a shill or retarded.

bcash is a centralized chinse scam.

>>5306185
*its
*bug

lel

and the dump haven't happened yet

hasn't

>>5303330
hello there shillboy

>>5306615
lel

and the dump haSn't happened yet

>>5306983
people are used to these dips in Bitcoin. Bcash is supposed to be replacing Bitcoin. It just keeps falling. It will probably go back to $500 within a month.

They "lost" my BCH on a transfer from coinbase to gdax. Support ticket going nowhere. Scam by coinbase to keep price up to prevent dumping of BCH you can't sell it

>>5307700
>used to these dips
dips don't mean shit
bcore is literally uselessness on the internet, having turned a decentralized economy into nothing more an asset on an exchange with no rw usability
bcash is bitcoin

>>5307845
screenshots please?

>>5307845
lmao it's not called CONbase for nothing

>>5300102
1800

when will it happen?

>>5307700
Said increasingly nervous core shill for the 7th time

>>5307914
Only redpilled person itt

>>5301877
>ten fucking Euro
That's like 11 or 12 burgers, you can't go much smaller unless you transfer every single $ separately.

>>5309393
This is like the 100000th bitcoin dip. Bcash's peaked at 4000.

>>5300241
Greg is a white man. You are siding with a gook (Jihan) and criminals (Roger, Calvin and Craig)

>>5310154
you are siding with bilderbergers and jews you fucking kike

>the jew cries out in pain as he strikes you

>>5310425
even if the left scenario happens, there's nothing wrong with it because LN is trustless, are you a shill or an underage kid who doesn't understand why banks are evil?

banks can run away with your money
central banks inflate your currency


non of that can happen with LN

Yo guys is is okay if i dump my btc in xmr during all this. save my gains right!

>>5309813

Bcore never had competition before, bcore is completely fucked. It will never recover to those ~20k highs.

Bitcoin Cash is the real bitcoin, you've been duped.

>>5310757
because it's not permissionless you fucking retard

enjoy your new world order kikstream currency mr goldbergstein

https://discord.gg/vQ46XKZ Join discord pump community

>>5310806
Looks like its at the bottom of a long dip. I dont see why not. Bitcoin just confirmed its in a bear market.

>>5310850
Yeah bcash is the real bitcoin that's why it's called bcash

>>5311014
fucking retard, if a hub censors people another hub will take its place, there will be north korean, russian, iranian, ..etc hubs who don't give a fuck about political correctness. Also anyone rich person can start a hub anonymously.

If anyone wants to make them selves feel better about the lack of a pump, BCH is +75% for the week, BTC is -10%.

>>5311014
big blocks = centralization

you will need data center level infrastructure to sync, store and receive blocks. Miners and governments will have 100% control.

When THE FUCK does CoinBase open the floodgates?

>>5311708
You can buy it off their website right now. BCH/BTC on Gdax, who knows.

>>5311787
Damn, you're right. They must've just done that. It's been showing "Unavailable" all morning.

>>5311974
Yeah. Just came up about 40 minutes ago.

>>5310757
Do you honestly believe poor people will ever interact with the blockchain or even own their own wallets when it will be so cost prohibitive and cumbersome to do? They will buy "BTC" credited to them in accounts by a hub that also doubles as a bank. That bank can again practice fractional reserve policies and confiscate their money on behalf of governments and generally just do whatever the fuck they get away with.

And then we're back to a slightly different version of how it already is. Financial security is only for the rich and nobody else. Thanks bitcoin core. Those africans sure can still run nodes on a 12 year old laptop with 1mb instead of 2mb blocks. It's a shame they can't afford to send BTC to their own wallets after buying it on an exchange or then after that pay a transaction fee to open a lightning payment channel to a megahub.
https://medium.com/@CobraBitcoin/thoughts-on-bitcoin-as-a-settlement-layer-c40cc1415815

Bitcoin's scaling roadmap has betrayed anyone but the cryptorich and is setting up the majority of the population of the world for another round of banks having control and doing whatever the fuck they please. It has sold out and betrayed humanity and it needs to fucking die.

>>5312083

>>5312083
retard, even gigabyte blocks per seconds wouldn't cover all world transactions. Visa only covers a fraction.

YOU CAN'T SCALE ON CHAIN. That's a fact. This is the limitation of technology. This is not about what you want. This is about science.


Increasing the block size is kicking the can down the road, nothing more. It's a sedative, not a long term solution and you can't unbloat the chain later. If you weren't a shill/retard you would have acknowledged that simple math.

>>5312232
It works today. It may not work in 10 years, but we can address that in the meantime. On the other hand, BTC core doesn't work today.

Also, you're entire prediction depends on the state of hardware when we need 1GB+ blocks. By the time it's needed, 1TB blocks could be nothing.

>>5311787
Great, glad to see it's finally up. Hopefully all this BS didn't kill it's thunder.

>>5312232
>YOU CAN'T SCALE ON CHAIN. That's a fact. This is the limitation of technology. This is not about what you want. This is about science.
1: Not all off-chain solutions are created equal. For example, Plasma is a nested child-chain system that eventually solves validation disputes on the ethereum main chain.
2: You CAN scale on chain. Sharding of various kinds will be implemented on blockchains over the next couple of years.
If you're willing to sacrifice security, like bitshares does with its dPOS system, you can have more than three times VISA capacity on-chain easily, but I'm not advocating that, just showing that you don't know shit.

3: Increasing the block size is a temporary solution, yes, because hardware development isn't as fast as expected. It is, however, a necessary temporary solution. 2mb blocks would not have done anything significant towards reducing the number of nodes. Restricting at 1mb was an excuse to create a crisis that would be solved via immature and centralized side chains such as LN and those blockstream have in the works. Believing the "slippery slope" narrative about not going to 2mb is beyond naive.

>>5311620
>Also anyone rich person can start a hub anonymously.
this
if bitcoin becomes mainstream any random faggot who happened to be an early adopter can set up their own hub
Australia not letting you purchase eden* on their LN hub because they hate lolis? fuck those niggers use my LN hub 2D lolis welcome here

>>5312611
BTC works today, it's just more expensive and takes more time. If companies (who are anti Core) supported Segwit, we wouldn't have this problem. They are intentionally delaying it even though they said they are ready months ago. Segwit has been out fore more than a year. It's well tested.


>Also, you're entire prediction depends on the state of hardware when we need 1GB+ blocks.

no, it's not just about the hardware, it's about the speed of light. You need these giga/terabyte blocks to propagate the network really fast, and you don't want a group of miners to have unfair advantage of receiving the blocks early.

there's also government control and censorship, who's harder to find and take down, anonymous users or datacenters?

With huge blocks, no user will be able to verify the chain himself. No user will be able to veto a protocol changes by using the client he wants.

The blockchain must remain light. The trillions of transactions happening globally should be off chain. Core developers aren't populists, they are thinking long term, and they will introduce more features to save space (e.g. signature aggregation). We are talking about money here, not an experimental pet project. Patience is needed.

>>5312963
I've never heard of some of those points mentioned and will look into them.

But even if they're irrefutably true, BCH simply "just werks" today, tomorrow and for the foreseeable future. BTC should've opted to adopt bigger blocks until SegWit+LN was fully functional. Had they, we wouldn't be in this current shitstorm.

>>5313290
they want to bundle a blocksize update with other updates to reduce the number of hard forks they need to do
the problem is that the devs move at a glacial pace, so it's going to take months before an update
personally, I'm hedging against a possible flippening by holding 1/2 ETH, which has been the most stable out of the top 5

>>5312801
We double bottom formed. Its time.

>>5313377
I think XMR's a little more underbought IMO, and certainly not going down with tax season right around the corner. But ETH is always a good buy nonetheless.

Good to hear that about the hardfork bundles too.

>>5301377
muh forks

>>5301405

>>5301604
could you do a three way trade before? bch>bct>cash

>>5303003
>given to them for free
the absolute state of cuckdom

>>5301687
It’s all open source. Some would consider Bitcoin Core as a stolen name. Bitcoin Core is looking more and more every day like a central bank grab for control. How can they even let the tx fees get that large and backlogged?

As much as you all hate “normies”, they will explode this market. Bitcoin core is being set up to fuck normies in the face, lose total credibility, and tank the crypto market.

>>5313903
You paid for your BCH fork coins?

>>5313419
nope. third bump goes through floor

>>5314050
they weren't "given" to you anymore then the government gives you a tax break. You already owned them