/biz/ - Business & Finance

I posted this was going to happen days ago and everyone said "lol buying BCH in 2023".

Looks like you all missed out on doubling your money. Stay poor

BCH is hands down the best crypto out. Next will be a market take over which has started. As stated before heavily shorted and now being called.

>>55381505
In a just world it would, and I would make a shitload of money but I'm not sure we live in that world

>>55381505
wtf is habbening?

>>55381505

>>55381505
Based. BCH WAGMI

Goddammit I was about to buy this month too

>>55381505
Where is the first top? Shall we say 8000? Maybe 12000?

>>55381582
it's still a useless coin in 2023

>>55381890
This claim is so stupid it's literally the most useful crypto out.

Bitcoin with big blocks so blocks aren't full waiting to confirm.

Transactions clear in seconds

Has NFT's and a NFT market

You can buy citizenship to St Kitts and Nevis with BCH

Everyone that accepts crypto takes BCH as payment. I can go to a Bitcoin ATM and buy or sell BCH.

The price is just shorted and manipulated by exchanges because it's a better version of BTC and from the original chain.

Unlike BTC fee's are less then a penny because it fixed scaling on chain without a 2nd layer.

Open your eyes
https://www.youtube.com/watch?v=fONR8LyURM4

https://youtu.be/pyzBNhulT60?list=LL&t=851

>>55381947
Believe me I'm seething cause I saw it shoot up 30% a few days back when I bought into a shitty microcap cex alt and it hasn't done shit, then check today boom another 30% wtf

God damnit I needed that 60% gain pretty badly.

>>55381505
Bitch I got that bitcoin CASH

https://www.youtube.com/watch?v=Kj7IWL6qEac

>>55381947
Please do not help resurrect the big block nonsense, so many people lost their shit on the first round of this bcash scam, and the second round with the BSV scam because they don't understand the tech and why increasing block size is a completely idiotic way to try to scale L1.

Bitcoin Cash is a confirmed commodity, so no way is it going to get buried in the dustbin of history, regardless of what the SEC does.

>>55382332
Well the Satoshi emails indicate that he wanted to increase the block size after a period of time so I mean, idk... everyone knew that for it to be used as a currency fees would have to be lower.

>>55382332
The claim is "bigger blocks means larger blockchain size it will scale to where only big companies can store the entire chain"

but it's the BTC fork that made this up because look at the data on cost per GB in the picture. They go against moore's law with this claim to make you use a side chain they can profit from.

You don't need to trust anything I say just go verify this for yourself.
Go to bestbuy and see how much a hard drive costs now and look at the same size from 5 years ago. It gets cheaper and cheaper for more storage.

To even believe this claim that is made up from blockstream you have to do zero research.

>>55382381
What about Bitcoin SV, Bitcoin Gold, Bitcoin Diamond, Bitcoin Classic, BitcoinX, BitcoinZ, BitcoinV, SynchroBitcoin, Bitcoin 2, Bitcoin BEP2, Bitcoin 21, Bitcoin plus, Bitcoin HD, Bitcoin Green, Bitcoin Incognito, Bitcoin PoS, Bitcoin Adult, Bitcoin Confidential, Bitcoin VB, Bitcoin Asia, Bitcoin Legend, Super Bitcoin, Bitcoin God, Old Bitcoin, Bitcoin play, Bitcoinery, Bitcoin Pro?

>>55382454
>>55382471
Its both a storage and network bandwidth issue. Yes, you could have slightly bigger blocks and still have acceptable decentralization, but this would give a tiny, not even linear boost to txrate. Current bitcoin tx rate is around 5 tps. Visa alone does transactions in the thousands of tps but can max out in the tens of thousands. So you would have to 10,000x the blocksize to even get close to credit card transactions. You can't just infinity increase the block size to infinity scale. The network would just break down without huge nodes with terabytes per second of bandwidth. The only way to scale payments is though a second layer where every payment doesn't have to be globally known an consensus arrived on every tiny payment, and a payment system like lightning that actually scales better the more people who use it, not worse.

>>55382332

I am sorry Bitcoin Cash Chads, Corecucks were wrong, you are truly the King.

>>55381505

Its super super undervalued. Why is it worth 100 bucks? It should be at least a 1-3k at least.

>>55382573
Well I have 0.5 BTC and 5 BCH. I'll keep my positions where they are desu. We will see how it plays out. I'm fine either way.

Seriously though who's driving the price up suddenly?

>>55382816

blackrock?

Bsv is the real bitcoin with the pure bitcoin code preserved.

>>55381505
>true king
Ehem.

>>55382692
Do you think you'lll make it with those amounts?

>>55381718
bcash always pumps and dumps randomly, nothing new here

It would cost roughly $3k an hour to control over 51% of BCH's hash rate.
Considering it shares the same algorithm as BTC, getting enough hash power shouldn't be hard at all.
It's safe to say there's a severe security risk at play.

>>55382381
Anon, BTC is here to stay and there's no fuckin thing anyone can do about it. Best to add metaverse utility tokens Ride and Gods with solid fundamentals to your bag.

>>55382332
increasing the block size is the same as making the confirmation time of ethereum from 15 seconds to 3 seconds, and do people still use ethereum?

>>55381505
the irony that all of my BCH posts are nowhere to be found on this dumpster fire of a site and shitted on every time despite 3rd worlders literally living off of this "shitcoin" lmfao all the way to the cold storage

>up 43% in a few weeks 109% all time ...never sold (1) bitcoin cash...ever

>>55383798
>ethereum
They migrated to POS and gets dumped by poorfags, I know POR must be feeding hungry dicks with high TPS yet remain decentralized.

>>55381876
Haha, it wouldn't get there but will still do better in the next bull run, I've also diversified into solid projects that are impacting lives with the Motorverse concept on Audi cars and all other brands and models

you told bch was dead
I sold the bottom you mf
what's next?
monero and ltc top 5?
tell me you pos

>>55381718
Bought back in before the mega pump as soon as I heard institutional asset managers are incorporating it into their BTC ETFs along with LTC

Feeling breddy comfy boys

bcash lol

>>55384928
Nothing was as exciting as having a pussy experience on BTC when TM investor grade made the call earlier before things start moving in the market.

>>55382573
>payment system like lightning that actually scales better
Even the lightning network paper says it would need larger blocksizes to work.

>If all transactions using Bitcoin were conducted inside a network of micropayment channels, to enable 7 billion people to make two channels per year with unlimited transactions inside the channel, it would require 133 MB blocks (presuming 500 bytes per transaction and 52560 blocks per year). Current generation desktop computers will be able to run a full node with old blocks pruned out on 2TB of storage.
https://lightning.network/lightning-network-paper.pdf

All these years and you maxis still don't understand what you crippled Bitcoin for.

monero wins
you lose
now die

>>55385113
yeah i cant believe how many of them trannies still cant figure out that BSV is the real bitcoin. and the bitcoin core is the one overtaken by banks Michael shiller and such cunts

>>55382332
>you vill hold ze layer 2 IOUs that ze fintech terms can print infinitely and you vill be happy, goy

>>55385261
>hurr why just 4 MB, why not a gajillion megabytes?
BSV was only created to ridicule the idea of raising the blocksize limit by taking it to a ridiculous extent.
We aren't restricted to the two extremes of a 1 MB limit and no limit at all. We can choose a reasonable compromise somewhere in between that balances transaction throughput, scalability, and decentralization.

>Satoshi: “I’ve moved on to other things, It’s in good hands with Gavin and everyone.”

Then Blockstream stole the project removed Gavin's commit access on Github and never raised the blocksize. Instead made a 2nd layer for profit.

Tell me again who the real bitcoin is and isn't because BCH scaled on chain by just removing the block size restriction.
Bloackstream said that would never work. Wellllll it is.

>>55382168
>Obese schizo conspiracy doom tweeter gets a petite cute wife

Life isn’t fair bros. What coin to buy for this feel?

>>55385410
wrong dipshit.
An emergant limit based on market forces is the goal. BSV will have an unlimited software limit, its limited to hardware, not software. Miners then set the limit based on their hardware and compete for tbe most profitable limit.

>>55385541
the biggest blocks ever found on BCH were mined on BSV nodes. BCH never scaled, when someone came alomg and actually scaled up they threw a fit and forked off into their retarded version.

>>55385694
That's great. Bring it up in the BSV thread.

>>55385113
No, they're saying lightning would allow 7 BILLION people to use bitcoins with only 133MB block size, which is not that unreasonable. VS the bch way of putting everything on L1 which would need like gigabyte or terabyte blocks to record 7 billion people's transactions on chain.

>>55383378
I never said anything about "making it". I just said those were my positions and I'm fine with them. There's all kinds of retards here. Retards trying to "make it" and end up losing everything they have. I just comfortably DCA in when I can and HODL.

>>55385574
BCH although I'm poor man if i had 100 BCH my heart would be as full as Kims stomach and drained as his balls.

>>55385765
BCH isn't opposed to second layer solutions, not sure where you got that impression. In fact, the Lightning Network would work better on BCH. What BCH was opposed to was crippling the base layer for no reason, for a solution that wasn't ready back in 2017. You aren't seriously arguing for the block size limit to stay at 1 MB for the next two hundred years?

>>55383798
>>55385410
Tthe point isn't 1MB is the best limit forever. But that just raising the limit is like kicking the can down the road. It just slightly increases capacity in the short term, but scales linearly which is really bad. Its better to incentivize development of payment networks, like lightning, that scale into the millions of tps. Raising the block size early hides the issue, its like relying on hero units early in an tactical RPG and never building up your actual guys. It works great until your solution doesn't scale into the end game. Bcash is only good until slightly more people use it then bitcoin then it collapses unless you up the block limit again and again, centralizing it even more and more.

>>55385834
They are opposed, that was the entire point of bcash to begin with, not have to have L2, and also rely on zero conf transactions for point of sale that are only made secure by centralized services they provide. It started as a grift lol not sure if it still is or just a zombie coin at this point that lost its original purpose.

>>55385852
I actually was there when BCH forked off. We were against SegWit.

>>55386111
I was too and you can stop speaking for everyone, digit-waster.

>>55385852
They killed adoption when it was starting to take off by not raising the blocksize.
I get what your saying about scaling on layer 2 but there was no point in doing that right away at the cost of adoption.
Lets be honest Lightning network has had plenty of time to make it great but it still sucks ass.
The simplest solution is typically the correct one; to increase the block size.
If you need to scale more in the future then figure out a solution but not at the cost of adoption.

Tons of places used to accept BTC as payment they capped the blocksize and everyone quit because fees were $30-$100 to send a transaction. Then they said Digital GOLD! Why would anyone sell or move BTC. Then realize there is one company behind this move that also can profit from L2.

Then call BCH a scam because it works

>>55386111
I don't think anyone with half a brain was really against segwit, only in an insincere way to shill bcash by using segwit as some sort of bogeyman. its an optimization with no downside. The whole thing was a way to shill their crypto payment system, forget what it was called, bitpay or something, said bcash could support instant conf but only if you submitted txs though their centralized service that checked for double spends.

>>55386218
Increasing the blocksize doesn't scale linearly with fees, retard. Even if bitcoin increased to 32MB fees would still be high. They might be slightly lower, but no where near enough to scale for small scale transactions.

And the biggest problem isn't fees, its confirmation time. It takes 10 minutes to get one conf. Bcash never fixed that just shilled their centralized service that would check for double spends but it only works if the block isn't full because it still can guarantee a tx will be confirmed if the blocks are full.

>>55386243
I mean it still CAN'T guarantee a tx will be confirmed if the blocks are full.

>>55386220
You can do zero conf now on BitcoinCash
https://www.youtube.com/watch?v=rZjasKZC7p0

>>55386260
No you can't, and that video is wrong. 0-conf only "works" in you assume so much shit won't go wrong, like the blocks aren't full, that miners don't reorganize transactions for any reason, the client isn't sending multiple transactions at one, and the way they do it is you have to use the bitpay app or something (maybe they changed the name now) but it would have a centralized server that aggregated all the txs and ensured no one was double spending. And it still only worked when the blocks weren't full. If that sounds fucking retarded, its because it is, bcash is fucking retarded lol it was a way to push their shitty affiliated centralized payment services, which they probably hoped to sell during the hype cycle because it doesn't even work under scale.

>>55386295
Seethe!
4 years old video, been doing this for years LOL

https://youtu.be/zIMdlUlqbS8?t=165

>>55385541
>stole the project
they're irrelevant, underfunded, DOA
ordinals have more influence on bitcoin

>>55386260
you can do 0-conf on anything
it's a literal wallet config, dunning kruger mouth breather

>>55386322
Hes using his centralized app you fucking idiot. Like I said its a centralized service both parties have to use that checks that each other aren't misbehaving. You can't trust a 0-conf in a decentralized way.

>>55386343
It's just better dude; deal with it.

>>55386343
Funny, I get paid in bcash every week and 0 conf works perfectly regardless of the wallet used (stack, electron cash, selene, exodus, bcom, on & on)

>>55385852
centralized servers exist to handle your crypto and handle it at millions of tps or whatever their centralized servers handle. put your btc into binance or something and you can exchange very fast, especially when they work out deals with other exchanges to transfer faster between eachother. but it's a classic risk of having your crypto secured in a 3rd party's wallet, if their website shuts down you risk losing your crypto in their custody

>tfw leading bcash devs (founding team during the fork) got tired of slow adoption of features so made their own chain a year ago
>has all the best bits of bcash but far more advances and already does 13-14k tps
>smart contracts done natively on l1, all done on a single uxto, has merkle trees, turing complete
>aiming to get custom asics running 100k tps per year
Yet /biz/ is still sleeping on it.
Kas approach to blocks is really revolutionary, I genuinely do see it as a litecoin killer
But Nexa actually has a shot at taking out eth

>>55387140
Gimme 10k worth and I'll shill it for a year.

>>55387140
BU was never leading in.... anything lol.

>>55387158
BCHN, BU, BCHD these are the biggest teams no?
And Andrew Stone has a done a lot for bcash

Anyway ignore it if you want. It's 20m mc so what? The r/r is insane here

>>55382573
ICP solves this

>>55381947
Can't tell if bait or extreme level cope

What's /biz official predictions?

Are we headed past the 1k mark? Or higher?

>>55382692
The profits I will make on QANX will outperform the returns you will get from BTC. Good L1 gems are good bluechips to accumulate atm.

>>55385734
Every thread is a BSV thread, we make every other coin irrelevant through technical superiority.
Case in point, there is not one thing BCH does better than BSV.

>>55381505
Definitely gonna moon, so I'm spending my whole weekend digging into tokenmetrics to spot the next multiples whilst having Astradao trading index milking hard on Btc for me.

>>55387891
Damn yeah, but then I'm not just transfixed to just it but Ride, Kda, and Xrd too.

>>55381505
How about we hodl say $500 of BSV; I've been on the hunt for NFTs that actually have utilities, my eyes on seekers and Buzzies NFTs, all geared towards open metaverse actualization with Keanu Reeves and Snoop Dogg in the futureverse ecosystem which they partnered with.

>>55385120
Considered it when I added Ride recently because of its VR adoption. Hopefully I'm not a fucking blind degen if I get in now.

>>55381505
Why wag tail all around when there's GameFi NFTs to stake and earn passively.

>>55389082
Which one exactly

>>55382473
you forgot bitcoin private. remember that zclassic swap lol

We are back

>>55387024
wow you are fucking stupid. If you get paid in bcash then you aren't using 0-conf you're going to check that the tx is actually confirmed and if it isn't demand you get paid.

I'm talking about point of sale where you sell an item, you have to wait 10-60 minutes for it to confirm before you let the customer walk away with the item, you cannot used 0-conf here without bcash's centralized service that you have to trust will protect you from double spend attempts and resubmit transactions that aren't getting confirmed.

>>55387031
Then use paypal or some shit. If you want a decentralized payment system, you need a secondary layer like lightning to scale to credit card level, full stop. Bcash's payment system is centralized garbage no better than using venmo or paypal.

>>55389409
What is the name of Bitcoin Cash's centralized service? What is the entity that controls it?

>>55385777
Not bad anon, Dca is a good strategy for long term gains and I'm doing same on Matic, Near, Cap, alongside Krest on the allianceblock fundr.

>>55382332
this is correct. "scaling" a blockchain by just upping the blocksize is like giving your car more power by just adding more cylinders bro. its lazy and its unimaginative, its something someone who knows absolutely dick about how engines work might suggest. then youre cutting the front of your car off so you can add even more cylinders for even more power bro, now your car wont steer so good. eventually your car wont move anymore with a 40 fucking cylinder engine sticking out the front of it, and you act all shocked.
someone who knows engineering would suggest things like tuning the engine as it exists, upgrading parts to higher perf parts, adding a turbo/supercharger, then adding an intercooler etc. basically getting the most out of what already works well before going balls to the wall with an engine swap to try and fit a 6 or 8 cylinder in there or something. you know, planned incremental improvements instead of just being like fuck it GIGABYTE BLOCKS EVERY TEN MINUTES WITHOUT FAIL FOREVER, TODAY, RIGHT NOW.
i have never expected anything better out of cashies though

>>55383579
See please to be adding the ride and god's fundamentals?
Many X's soon?

>>55381505
Hey, Anon! BTC is the real deal, and no one can do a damn thing to bring it down. You better grab some because nothing's gonna knock it off its throne. Oh, and let me clue you in on the next bull run – it's all about those Depins projects, man. Wynd, React, IoTeX, Waev, and Peaq are where the cool nomies are putting their hard-earned cash right now.

>>55386111
no, jihan wu was against segwit because it blew up his cushy little covert asicboost scam that made him so much money and allowed him to run other miners out of business with his apparently more than 100% efficient miners. thats what actually happened behind closed doors pal. he marketed his fork as a grassroots uprising against the core politburo or whatever and even managed to hook roger ver with this rhetoric, since he is this huge fuckin libertarian type. eventually jihan gave up on his shitfork and capitulated to bitcoin, and lost est. a billion dollars in the process and the rest was history, leaving roger ver steering the ship of retards who still TO THIS DAY hold onto jihans marketing about 'the real true bitcoin'. hence this retard thread.
you people are like the japanese imperial soldiers they would find now and again right up to the 1970s stuck on some godforsaken tiny pacific island, believing WW2 was still in active and they had some honorabru duty to hold down the fort forever. its a good example of how things can be hilarious and sad at the same time.

>>55386260
>You can do zero conf now on BitcoinCash
yeah but WHAT ARE electrolytes?
you dont even know what 'zeroconf' is. zero conf isnt even anything, its the absence of something (a confirmation that says your money is actually good). the closest analogy in tradfi is floating a check. you assholes really wanted to run the entire worlds economy on floated checks. only morons think this is a good thing.