/biz/ - Business & Finance

no

>>57535410
BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH

>>57535410
Lol

>>57535431

>>57535410
Lmao

>>57535449
no

>>57535410
The red line is btrash's hash. If even 0.1% of bitcoin miners wanted to troll the btrash chain and do a 51% attack, they could (in fact they sometimes do lol)
Have fun holding a dead chain

>>57535453
retardo chart.

>>57535410
Yes.
Remember, it was not just about block size, it was about SF vs HF.
Ethereum is 2nd mcp - guess what, it upgrades via HFs.
SFs make everything more complicated and hamper techical evolution for no good reason.
"Thou shall not HF" is the dumbest dogma in crypto.
Software is supposed to be upgraded. Nodes are like Linux kernel, you're supposed to upgrade them.

>BIP-62 malfixes
>CSFS
>cat&split
>full flexible covenants through TX introspection opcodes (May '22)
>int64 ScripVM ops (May '22)
>unlimited unconfirmed chains
>consensus-enforced native tokens (May '23, with dedicated set of introspection opcodes) that can interact with covenants
>keep/pass around contract state and make L1 DeFi happen
>P2SH32 to solve the collision problem
>adaptive blocksize limit in May '24
>in '18 recursive covenants with CSFS+CAT&SPLIT, today just using introspection
>already have the primitives to implement whatever L2s are wanted, but there's no need for that, better to have more volume on L1 so fee volume will add up
>next up: UTXO commitments to solve IBD.

imagine 2033 BCH at $200k, PoW worth $210k/block, blocks filled with 190 MB, and fee/TX still cheap at 6 cents.
190 MB is at the limit of current tech (due to orphan rates, when it comes to general non-mining nodes it has been proven a RPi can keep up with 256 MB blocks)

>>57535486
BCASH IS BTRASH??????

>>57535497
Yes

>>57535496
Sounds like Satoshi's vision!

>>57535496
nice cope

>>57535453
You can accept 0-conf payments on BCH because there is no RBF.
>>57535486
1. Even if successful it can not break consensus, it could only *temporarily* censor or undo valid payments, and try execute a double-spend if the adversary undoes their own payment. So what would be the benefit of this attack? It is very limited and temporary.
2. Blockchain networks bid for hashes with their block rewards, miners sell the hashes, and sha256d is the best hash market.
3. Adversary can't buy what is not for sale. Only 3% of BCH's hashpower is for sale on NiceHash. Most sha256d hashrate is too busy directly mining what pays, which is the most productive use of it.
4. If an adversary can buy hashpower for attack, then any interested party can buy hashpower for defense. This makes the cost of an attack unknowable, because there's not way to tell how much reserve defense there is. There is empirical evidence of defense hashpower "magically" appearing: look up "executive hashpower".

>>57535523
>0-conf
>RBF
>3%
>sha256d
>empirical evidence
>"executive hashpower"

>>57535496
How can / does BCH prevent this >>57535486 from happening ? Can you refute this fud?

>>57535552
>>57535523
51% attack is a boogeyman. First off, the only threat is that the attacker can doublespend their own coins, or the attacker can DoS the network with empty blocks.

The former only matters in situations where the attacker cannot be identified, AND is a miner, AND is receiving a non-refundable/reversible good/service, AND is able to actually mine enough blocks to reorg, AND the cost of the attack is lower than the value gained from doublespending.

The latter basically doesn't matter because as soon as the attack stops, some honest miner will singlehandedly clear the mempool and make a shit ton of money. OR due to the probabilistic nature of mining, honest blocks will still make it through anyway. Our safe 0-conf makes this a negligible risk.

Real world example: BSV is still chugging along just fine despite having paltry hashrate and getting attacked by empty blocks more than once.

>>57535523
>So what would be the benefit of this attack? It is very limited and temporary.
Monetary gain. It's piss easy to overtake this dead chain. All the ASICS rest with bitcoiner chads. Not only is your chain insecure, it's also dead. You increased your block sizes yet they never get filled fully because nobody transacts with it. Enjoy fading into obscurity.

>>57535592
My intuition tells me that because it has Bitcoin in the name and is cheap compared to Bitcoin, people will pump it along with Bitcoin in a euphoria phase

>>57535585
>51% attack is a boogeyman. First off, the only threat is that the attacker can doublespend their own coins, or the attacker can DoS the network with empty blocks.

>Dude the *only* threat is that the attacker inflates his own supply or completely destabilizes the chain. No biggie dude trust me

>>57535612
It will get a pity pump in a bullrun and then a massive dump downwards. Bitcoin already won and already sees institutional adoption. Holding any of these dead chains instead of the real thing just makes you lose value.

>>57535410
i got myself 21 bitcoin cash (ticker :BCH) just incase.

>>57535706
Good call. It's not a huge investment at this price, and while BTC maxis claim the chain will fade into obscurity they will race to fud BCH in BTCs defense anytime it is mentioned. They are afraid of it, and they should be. While BTC has been ossified since 2017, BCH has won 2 forks and shed itself of all bad actors as a result. Development has accelerated significantly since 2021 as a result.

>>57535826
I actually use cryptocurrency a lot. and yeah BCH is for using. BTC is not usefull when i wanna buy something under 5k.

>>57535912
BCH can be for both saving and using, it has all the same properties as BTC after all. Hashrate will follow the price.

>>57535410
It's being used by rich people already. But all it takes is for BTC to get hacked or rack up ETH-style fees and there could be an inflow into BCH. $10k isn't impossible.

>>57536284
So its popularity is contingent on BTC failing?

>>57536284
Not entirely, but it would take something like that for it to moon significantly. It's a good low-fee transaction coin for now and could easily go up if more people adopt it.

>>57535410
idk bro. total gamble desu. could hit five figures or close to it. could just be a dud.

>>57536300
BTC failing wouldn't hurt, unless you were in BTC

>>57536313
(you'd myself, was for >>57536300)

>>57535410
Normies will ape in because it's "the cheaper Bitcorn", just like last cycle. I still hold a bag from last cycle and I need the exit liquidity.

>>57535496
i mightt need to double my bitcoin cash _ (ticker:BCH)

>>57535585
will stacks and other btc L2 complicate bch adoption?

>>57536523
Why would you conduct your business on an L2 when you can do it on an L1 for the same or less cost?

I require further discussion of this topic

>>57538102
i require further discussion of your mother i've heard she is so fat when she sits around the house - the house sits around her i also heard she is so dense light can't escape her and she has her own pull of gravity similar to a black hole that woman is so dense a neutron star would be jealous of her gravity

>>57535410
what coming bullrun? kek, you'll be lucky if it gets 1.2x, i'm still waiting to short $super while solana get his own 2024 bullrun

>>57535497
yes.

It was ok a month ago because it unexpectedly started pumping really decently. Just like ETC. But hype seems to be gone now. My biggest player this cycle will be $TURF despite not existing just yet, but I'm hype for its release. Traders for crapto and stock alike will love it.

>>57535410
Newfag lol

>>57538316
>$TURF
link me up bro

>>57538316
It's the 4th largest PoW coin and shares the same mining algorithm with the first largest. There is plenty of room for growth as far as PoW goes.
BCHs largest shortcoming at the moment is its marketing. Obviously all discussion of it is censored on /r/Bitcoin, so many newbs just end up buying BTC because that's what reddit tells them to do.
However, now that CashTokens are a thing and BCH has its own L1 DEXs, I believe defi is going to play a large role in onboarding new users onto the network.
BCH <> XMR swaps are in development, which will be a useful on/off ramp especially now that XMR is getting dropped from CEXs like crazy.
CoinFLEX has also finished dumping, which likely played a role in the pump several months ago you mentioned.
All that to say I expect BCH to make new ATHs this cycle.

>>57535706
based. smart money has been accumulating BCH while dumb money is exit liquidity for BTC.

>>57538571
Scary part is if it does happen like this many won't be able to get in a block to sell their BTC on an exchange due to hashrate switching over to BCH. They could watch their store of value drop to nothing while the chain dies.
I don't blame maxis for being scared of BCH, but it's prudent to hold both for exactly this reason.

>>57538774
Bcashers have been saying this would happen for years, and yet here it is sitting at half a percent of BTC. Same for the imminent Tether implosion I've been hearing about since 2015.

>>57539249
That hashrate can switch off from BTC in seconds. It's a possibility whether you like it or not.

>>57539287
Yes I am aware they use the same algorithm. But just because something is possible doesn't mean it's likely to happen. Why hasn't it happened already?
At the end of the day, it isn't enough to just sit around wishing for BTC to fail. You have to actually innovate and make something that will make people want to go through the trouble to switch.