/biz/ - Business & Finance

>>57543451
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 technical 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)

Lastly, for all the maxis, newbs, and reddit tourists: BCH shares the same tokenomics (and tx history until 2017) as BTC, so it can be an effective store of value AND a functional currency.
Any rational person can see that BCH is the better Bitcoin, and the market eventually will too.

Do you really want your entire investment to hinge upon normies going
>oh I think I’m to buy the green BTC because it’s cheaper! (even though there’s now a BTC ETF)
I just don’t see it

>>57543486
>Do you really want your entire investment to hinge upon normies being drawn to unimportant things?
Uh anon …. did your mind completely block out 2021?

>>57543451
Smart money is accumulating this
>Picrel
She's almost done

>>57543512
Fair point I guess but what if it just becomes a stablecoin used for purchasing things, like Monero? Then you’ll regret not having just invested in the real thing

>>57543533
same tokenomics as BTC, it has a capped supply. So long as demand is high enough, it will appreciate.

>>57543451
>No I will not explain why, you can figure it out
what a shockingly gay post. go back to twitter, retard

>>57543451
Is it “smart money” or that one poo who keeps spamming “bitcoin cash” to everyone asking for alts?

I simply don’t trust anything that peaked on release and then shit the bed

>>57543550
Demand of which there does not appear to be a lot. Look at the charts right now, it’s just a microcosm of the whole dynamic.
>BTC: up 5%
>BCH: up 0.15%

>>57543575
yes, it can be seen as an investment opportunity. general advice when investing is to buy low. you can refer to >>57543478 to see why demand should improve.

>>57543582
Dude, there’s next to no marketing for the coin. How do you plan to generate hype for it? The BTC side has Super Bowl commercials, ETFs, Blackrock, Elon, etc.

The BCH side has no such mania, and barely any YouTube shills that the normies like

>>57543611
I personally am talking to people who haven't kept up with it on 4chan. there's a large community of people on reddit, X, youtube, etc doing the same thing.
once price rises, larger influencers will pay more attention. those who wait that long to buy in won't do as well on their investment for reasons that should be obvious.

>>57543451
im buying too.

>>57543451
No, smart money got the free airdrop and dumped on your bitch ass at $1500 and above.

>>57545663
its not 2017 anymore plebian.

>>57543611
Kim Dotcom promotes it.

>>57543611
>he thinks Super Bowl commercials are bullish
OH NONONO

>>57543451
i just used this to pay for a vpn today ahah
i swapped usdt from arb over to native bch
i went to go use rubic and they dont support it (bch native)
so i used some crosschain dex i cant even remember the name of
i almost used multichain but rabby wallet warned me not to
we are in the future, bros

>>57547073
Yeah that's true he has a pretty large following