/biz/ - Business & Finance

>>8708305

Lil Windex is

>>8708305
holy kek BTC has lost over $10000 in value

>>8708337
Ok look you can't use that argument ok it doesn't work ok?

>>8708305
>holy crap btc lost 13k in value will it ever recover?
Get triggered faggot heres your thread>>8707034

>>8708305
Accumulating tons of it.
Please god tell me people actually have a use for decentralized currency

>>8708305

Literally the real Bitcoin

Why the fuck wouldn't I hold it?

>>8708337
hold kek doge only lost a cent in value

DOGE is the king !!!

>>8708305
BCH was 8,000+ for a brief moment when it hit Coinbase, lots of bagholders lost over 90% of their investment in under 6 months. What are Shitcoins?

Bitcoin Cash thrived off Bitcoin's high fees + fooling noobs into thinking it's basically Bitcoin.

However, Bitcoin's fees are lower now thanks to less usage + Segwit adoption. Plus LN is in beta and a constant looming threat to Bitcoin Cash's only advantage.

>>8708360
>literally! ver and wu told me so guys!

>>8708305
only entry for this was 300$

grats! bch is now the new stinky linky!

>>8708573

LOL this is the most ill-informed post i've ever read.

Bitcoin (Cash) follows the whitepaper as did Bitcoin before it forked into bcore. Segwit is a bunch of absolute garbage designed solely to turn Bcore into a banking layer.

The LN is actually mathematically impossible to implement in it's current form thus it is no threat to Bitcoin (Cash).

You're saying negative adoption and usage of bcore is a good thing rofl. You sir are a moron.

Bitcoin Cash is Bitcoin.

>>8708702
The market doesn't seem to care.

>>8708360
Why the fuck would anyone want to hold Bitcoin? Fake/ literally real, Bitcoin is still shit.

>>8708403
Me included. I bought like ~6 BCH at .236 SATs

Now it's under .1 SATs, it's like 0.95 right now.

Good thing I sold 3 of them at .191 but still, this fucking shit sucks and I haven't profited on it

>>8708702
>LN is actually mathematically impossible
source? if bitcoin is done for, that doesn't bitcoin cash will thrive. it'll just mean that both are dead because cash isn't scalable.

>>8708736
fuck you bitcoin cash you made me fucking lose 20% of my stack last week *crying ver image*

>>8708736

The market is retarded, this is a buying opportunity, nothing more. While people are busy snapping up shitcoins like bcore and ripple's XRP, i'm busy snapping up the only coin with actual value, adoption and potential.

>>8708788
Monero?

I literally made a thread specifically for lightning network yet they still flock to bch threads. Embarrassing

>>8708785

https://www.reddit.com/r/btc/comments/7jnr31/the_lightning_network_is_not_at_alpha_release/

I don't know why you're claiming Bitcoin (Cash) isn't scalable when it obviously is. Gigabyte blocks have already been proven, terabyte blocks are on the horizon.

>>8708832

Bitcoin Cash is implementing Cashshuffle, Coingeek is paying for the development and introduction into wallets which will likely decrease the value of privacy coins like Monero

>>8708604
it is though
btc/blockstream owned by axa now

>>8708841
you can't just keep increasing block size because our internet isn't fast enough and never will be due to the inherent limitations on the speed of light

>>8708841
i did control+f for impossible and couldn't find anything

>>8708573
>Plus LN is in beta and a constant looming threat to Bitcoin Cash's only advantage.
Bitcoin Cash has a version of Lightning called Thunder (Teechain). Its a hardware version of lightning that you don't need to be online to use, that cannot fall to network congestion issues, and that can process 65,000 tx/s. All without Segwit. I guarantee you that Bitcoin Cash will have a working version of Thunder before Bitcoin Segwit has a working version of Lightning.

>>8708871
yep you're correct. bitcoin cash will have to use layer 2, but it doesn't have to be lightning network.

>>8708894
Here friend. This thread is for you >>8707034

>>8708871

You actually can just keep increasing the block size. Block size has nothing to do with the speed of light so I don't understand what you're trying to say.

Your internet connection is plenty fast enough to operate an SPV wallet which means you are not required to download blocks.

if any noob is browsing this thread and has no idea what's going on: bcash is a scam

>>8708871
See this. >>8708901
Bitcoin Cash has a version of Lightning called Teechain. Unlike Bitcoin Segwit's Lightning Teechain (Bitcoin Thunder) IS NOT a fractional reserve system and Teechain DOES NOT require you to be online to use. Bitcoin Cash is even better at off-chain scaling than Bitcoin Segwit.

>>8708947
you may not be required to download it but the blockchain still needs to be transferred between other computers

>>8708305
Roger and Jihan

>>8708965
Thats why i made this >>8707034 to show everyone the truth. We need you over there

>>8709011
why would i talk with you there when i can talk about it on #lnd with people who actually understand how it works?

>>8708992

How much data do you think your ISP transfers every 10 minutes? I would hazard it's a fuckton more than 1 megabyte.

Miners can afford to get a backbone connection to their business sites.

>>8708702
>The LN is actually mathematically impossible
bcashies are literally bitconnect tier brainlets

apparently operation dragonslayer was a kamikaze mission

>>8709051
Here you we need you to fight against the untruths. Dont spend your energy fighting these stupid cashies >>8707034

>>8709044
Im not in there jackass. I made the thread you guys could stop suffering from us cashies. Its your safehaven

>>8709104
thanks but we enjoy making fun of you every thread

>>8709051
>The LN is actually mathematically impossible
>>bcashies are literally bitconnect tier brainlets
The Segwit version of the Lightning Network runs into a routing problem because Bitcoin is a small world graph network, not a mesh network. A mesh network runs into the Traveling Salesmen problem (technically speaking its a multiple depot multiple traveling salesmen problem). That means the computation becomes exponentially harder as it scales. That means it cannot work at scale.

>>8708864
Doubtful, isn't it going to be optional?

>>8708702
b(trash)

>>8709132
you're retarded please stop posting

>>8709120
Child

>>8709132
Don't forget that sufficient funds have to be in every channel on the route

>>8709120
Actually flattered that youre always thinking about us and not your lightning network. Rent free fag, rent free

going to spend about 40k on it when it hits bottom to add to my collection

>>8708788
Me too. Buying more ADA.

>>8709186
Whats the problem with that?

>>8709132
You dont understand any of the technical words you use.

>>8709312
So why waste your time trying to convince us otherwise? Seems like a gigantic waste of time dont you think instead use that time to improve lightning network

>>8709378
Im not a dev. Just along for the ride.

>>8708305
SEEEELLLLL BEFORE YOU ARE POSTING PINK WOJAKSS

Buy ____
Sell ____

>>8708305

ahahaha fuck no

>>8709467
That is implying they are the same

>>8707034

corecucks and paid pajeets have their own thread

>>8709583
It doesnt matter, they want to be here kek

kinda sad seeing cashcucks hold on to their delusions.

>It's better because it's bigger mentality
>Muh Ex-Felon crew
>Muh fake Satoshi
>Muh fake Lightning network

Oh Cashies when will you ever learn that nobody wants BCash.

>>8709680
Heh

>>8709735
BitPay integraton is enough to destroy 99% of altcoins.

>>8709312
>You dont understand any of the technical words you use.
Yes I do. The non-Segwit version of Lightning is the only workable off-chain scaling solution. The non-Segwit version of Lightning (aka Bitcoin Thunder) is called Teechain and is being developed by Emin Gun Sirer. It does 65,000 tx/s on a laptop and because it does not have Segwit there is no routing problem as channels are not shared on Teechain and Bitcoin retains the properties of its small world graph.

>>8709132
cringe.
Lightning has a shitload of issues but I don't see how you need to solve traveling salesman to get a FEASIBLE route. In lightning you dont need an optimal route just a feasible route.

>>8708317
Was gonna laugh, now I'm gonna buy

>>8709827
>non segwit lightning
>budget brand naming convention
AHAHAHAHAHAAHHAHAHA
Im not even going to fud this.
It will fud itself when it doesnt work.

>>8708777

I think I sold you my forked coins thanks

>>8708841

LN alpha release is now in testing???????????????

>>8709991
You can use LN to send BTC over mainnet right now, but devs prefer if you would wait

>>8708305

>>8709920
>he doesn't understand sybil attacks

BitcoinCash is definitely lost over time.

Core Dev Team already said that a block size increase is imminent.
How can a crypling old vision bch vision can compete with a also blocksize increased Bitcoin

>People think there's actually a situation where Cash can overtake Core and it won't kill off both at the same time
Poor Roger. He's never gonna get that libertarian paradise island at this rate

this shicoin is so fucking bitconnect level stupid. the front man is atoral fucking scammer and its idiot followers pretend that this shitcoin is "the real bitcoin" TM and that one of their conman personalities is satoshi. it doesn't get anymore pathetic. what a fucking joke. no wonder it is failing

>>8710881
Roger 'nothing wrong with insider trading' Ver

>>8710881
Yea coinbase and bitpay will add bitconnect next. U fucking retard

cant wait till bitcoin is around 1000 were it belongs and bch will be about 150. Cash has more billionaire holders and investors to make it work

>>8710608
>Core Dev Team already said that a block size increase is imminent

link?

We create a LN thread
>no core activity
We create our own BCH thread
>corekeks jump in
Dear corekeks, your desperation is absolutely pathetic. Instead of hoping that your fud confuses newbies you can just buy BCH and sleep tight. Theymos won't kill you for it.

>>8708360

>I would rather lose money but stick to my principles than acknowledge that the market is irrational and use it to my advantage

I agree 100% that BCH is the real bitcoin, that current bitcoin has no future and is entirely corrupted by blockstream. But I sold all my BCH for 8k because I know how retarded most people are. I will buy back in when it hits 500 USD or 1K USD, whichever comes first, and I will end up massively on top.

>>8711660
570 is the bottom

>>8711690

Then I'll buy at 1k.

>>8708305

No, Bitcoin Cash is so 2017 lol

wrong, 2018 is the year of bch

I still have bitconnect.

The definition of Bitcoin is in the white paper -- "A peer to peer electronic cash system"

After core refused to raise the block size we now have two version of bitcoin, bitcoin BTC (segwit) and bitcoin (cash). Both are Bitcoin. But one follows the original whitepaper and is usable as cash, the other does not and isn't usable for anything other than speculation.

>>8712348
Just because the word "cash" is in the white paper doesn't make BCash more useful.

Cashies are you tired of being wrong all time?

>>8712418

I have been using it all month to buy things...

how many times have you used BTC in the past month? Or do you just "HODL" it hoping suckers will buy it and increase the price...

>>8712512
he definitely hodls. thats why they're all so butt hurt about bch because its direct competition and they cant do much but sit and watch

>>8708305
That's funny, because it was never over $3000 ever, so it's worth less than $0 now?
Typical core cuck.

>>8711660
You didn't sell a single Satoshi of bcash at 8k you lying faggot

>>8712512
I pay my rent every fortnight with btc
All my other monthly bills
Through livingroomofsatoshi

Problem, bagholding cashtard?

Gotta feel sorry for the followers of bcash and how they have to constantly talk shit about bitcoin and litecoin in order to stay relevant. They never come up with anything new either.

>>8712599
>>8712576
jesus dont get triggered so easily, you'll have a stroke lmao

>>8712599

That's good. Glad you find it useful. I don't feel threatened that people are using other currencies, but I find BCH very useful for payments and believe it is more likely to scale properly. And I disagree with people who say it isn't Bitcoin. They can say I'm wrong, but I don't care. Good luck with your investment

>>8712669
>I disagree with people who say it isn't Bitcoin.
Ok Roger.

>>8712512
I am so proud of you. Was this your first time buying something from the internet?

>>8712669
Bitcoin is bitcoin core. Whatever my qt wallet holds is bitcoin
Anything else is a scam
I said the same with scrypt shit in 2013 and I say the same through all of 2017 with scam forks that only exist for free money

wow the lightning thread has 11 posts. impressive >>8709992

>>8712698

I've been into Bitcoin since 2010-11. I mined it back when it was minable with a GPU and was worth about a dollar. I originally used it for payments on silk road and other things. I really appreciated the idea of a peer to peer cash system that anyone could use and couldn't be controlled by a government.

I hold no ill will to the BTC/Core people but unfortunately BTC is no longer usable to me as currency and I see it going in the wrong direction. I don't think I have moved away from Bitcoin. It is more like BTC moved away from what it was originally all about, and that's sad to me.

as soon as there is a BITCOIN CASH thread it gets flooded with corefags and i make a thread specifically for LN and its crickets in there. lmao. you guys really are obsessed with bch lol

>>8712719

You are free to believe that. I am free to believe otherwise and to not buy BTC or use it. I will go back to using it if it becomes a better payment system than BCH. Right now BCH is easier and more reliable for me.

>>8708305
bitcoin cash?
more like bitcoin crash!

bcash late adopters that actually fell for the very obvious shilling, sock puppeting, and collusion between a few players and miners deserve what's coming to them.

you simply don't just call your shitcoin bitcoin, headed by two criminals/salesmen, and expect to attract anyone but speculators looking to make money and leave.

no early adopter, whale, institution, long term investor wants anything to do with bcash. literally nobody talks about it, discusses it, certainly not bought any. they probably own some for free thanks to the airdrop, but that's all you will hear.

meanwhile bcash late adopters only have shilling, embarrassing conspiracy theories, and horrendous cringeworthy presentations and misunderstandings of the technology to go on. not to mention all of the sjw "i identify as bitcoin" shrieking going on.

bcash is literally one of many airdrops to bitcoin holders, nothing more, nothing less. you have lost your money, and you will continue to do so.

>>8712793
kek

>>8712827
>t. bought december 2017

>>8712827
>>no early adopter, whale, institution, long term investor wants anything to do with bcash.

Roger was one of the earliest adopters and promoters of Bitcoin and he has quite a bit to do with it. I got into Bitcoin in 2010 and I own no BTC but I do own BCH. So... wrong on that one

When I got into BTC I didn't really care about the price. I just loved the idea of it and found it useful. I use BCH today with that same attitude. Price isn't important -- adoption and being useful to the poor and others who need a system like this, are.

>>8712827
oh thanks for buying my bags btw lmao

>>8712904
Hi Roger.

The only coin I am still bullish about but it's a bad buy unless you believe in it in the long term which I do but I like fast gains more.

>>8708305
CANT YOU SEE?!?

>>8712904
>I don't care about money, only helping the poor
I suspect that you're lying otherwise you wouldn't be on /biz/.

>>8713096

I care about the price in a sense, but by focusing on the price too much, you lose sight of other things. Price will also follow use, in time. But if someone wants a quick pump, BCH isn't for them. If they want global peer to peer cash that will change the world, BCH is for that. Or whatever you believe is better than BCH -- I just think it has the best shot. But people shouldn't just hodl a currency, they need to spend it if they really believe in it.