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/biz/ - Business & Finance


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File: 29 KB, 1505x1259, bitcoincash-white.png [View same] [iqdb] [saucenao] [google]
8774536 No.8774536 [Reply] [Original]

so why does /biz/ hate bitcoin cash?

i dont see anything wrong with it?

>> No.8774545

a fraud

>> No.8774557

>>8774545
well thanks based anon very helpful
(explain how its a fraud)

>> No.8774560

Another pointless fork, this one actually harms BTC though as it backs the bitmain cartel and tries to trick people with the bitcoin.com wallet.

>> No.8774567

Bitcoin soyboys get mad at it because some of the original bitcoin's devs are on it, though objectively, it's as much garbage as bitcoin core

>> No.8774579

>>8774536
They don't, only a few fags from plebbit do.

>> No.8774591

Basically no one paid it much mind until it went up to 0.5btc price in November, claimed it was the real bitcoin, and caused btc to dump from 8k to 5k within a day, iirc. I think this left a bad taste in the mouths of the crypto community, who (mostly) only view bitcoin as a store of value, a financial backbone whose stability facilitates their alt coin moon missions.

I like bch because it's continuing the original vision of bitcoin, being the money of the world. To me, that's where the real value is, that's what gave btc value in the beginning.

>> No.8774603

>>8774560
well no, the bitcoin.com wallet distinguifies btc and bch, and you cant fuck up and send to the wrong address anyway since we now have cashaddr.

also, cant you just import bch privkeys into btc and vice versa if you manage to send to the wrong one?

>>8774567
>>8774591
>>8774579
lol nice

>> No.8774928

>>8774603
the domain name confuses new investors and potential investors and it was designed to confuse them. part of the bcash scam artist marketing campaign, fits in nicely with the equally scam artist inspired r/btc. go back there you obvious faggot shill

>> No.8774937

>>8774536
because I only own Bitcoin.
Therefore I want BCash(lol) to fail.
Simple as that.

>> No.8775033

Because nobody uses it and it only goes down in value and satoshis. Scammy leadership scares off new investors. Basically a dead coin at this point. There are coins with much more potential everywhere.

>> No.8775278

>>8774928
bitcoin.com clearly advertises btc and bch, pic related
>>8774937
:)
>>8775033
bitcoin is also going down, lol
what "scammy" leadership? i dont reallt see much wrong lol
dead coin? wat??? theres plenty of developement, were getting 32mb blocks, smart contract-ish stuff, colored coins etc
we have all the potential in the world, haha

>> No.8775289
File: 2.48 MB, 1920x1080, DSC_0147.png [View same] [iqdb] [saucenao] [google]
8775289

>>8775278
oops, forgot pic

>> No.8775298

BCC/BNB volume too high wtf?

>> No.8775347
File: 1.87 MB, 187x155, 1501829613903.gif [View same] [iqdb] [saucenao] [google]
8775347

>>8774928

Corecucks so afraid Bitcoin Cash roflmao. Everytime I hear some cuckold spam 'bcash' I laugh as I remember this dumbarse sold his real bitcoin for $200

>> No.8775378

>>8775347
the so called "corecucks" are winning though.
BCash is below 0.1 for some time now.

I sold mine at 0,22. I doubt you will ever get a better price.

>> No.8775381
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8775381

>> No.8775390

>>8774536
1 TB block, centralized servers

>> No.8775412

>>8775378

yes yes every corecuck sold at the top I believe you goyim, I've never heard a corecuck admit he sold his Bitcoin for fuck all rofl

The truth is you sold at the bottom because your kike overlords at Blockstream told you to, and now you're resentful toward the real bitcoin lol

I don't give two fucks how long you cry for, Bitcoin (Cash) is the real bitcoin and you'll either buy your coins back now or you'll buy back later.

>> No.8775417

>>8774603
>we now have cashaddr
>we
An actual literal shill in /biz/. We don't get many chances to see this here.

>> No.8775476
File: 963 KB, 1920x1080, DSC_0148.jpg [View same] [iqdb] [saucenao] [google]
8775476

>>8775390
lol, 1tb soon boys /s
what centralised servers?
>>8775417
?? well we have cashaddr. thats a fact. it works, and what not.

>> No.8776133
File: 73 KB, 640x836, bl8pa6p8l9q01.jpg [View same] [iqdb] [saucenao] [google]
8776133

Implying /biz/ has anything legit and non pajeets

>> No.8776540

>>8775289
>bcash scam site "advertising" bitcoin under the 'guaranteed-to-confuse-new-investors-fake-name' of 'bitcoin core'.
the things cashie scammers say

>> No.8776573

>>8775412
everyone who shits on bcash is a "core cuck" says an increasingly nervous cashie for the millionth time

mongloid.jpg

>> No.8776952

>>8776133
Unironically posted by a pajeet

>> No.8776965

>>8774557
BEEEEEECASHLOLL

>> No.8777071

>>8774928
Bitcoin.com has always been about peer to peer electronic cash. Bitcoin.org silently changed its pitch while it re-engineered btc into the shitcoin it is today.

>> No.8777126

>>8776573
Ive seen very few criticisms of the actual fundamentals of bcash. The only ome ive seen is that you need an actual pc to run a full node and cant do it on a raspberry pi. Whoop de fuckin doo

>> No.8777146

>>8776965
Good one lmfao

>> No.8777161

>>8774536

I have some BCH as I think it is where BTC should have gone. That said, I think it's a half measure. We need to get rid of centralized POW, there are much better solutions out there. I'm a big nano and iota fan but POS/DPOS are awesome as well.

>> No.8777177

>>8777126
Long-term reliance on ASIC mining, "patented blockchain".

>> No.8777193
File: 25 KB, 300x300, 131469288898.jpg [View same] [iqdb] [saucenao] [google]
8777193

>>8775289
Bitcoin Core? Was there another fork?

>> No.8777361

I think bitcoin will suffer same fate as Facebook, people will stop using it cause of lies and failure to adopt

>> No.8777431

>>8777361
Stop listening to the media. Facebook is the number 3 most visited website in the world. Good luck getting the normies to boycott it, even if there were a viable alternate solution, facebook is wayyy too entrenched to be replaced.
Alts will drive adoption. Adoption will drive long term price action.

>> No.8777463

>>8777431

Funny thing is, FB could just die, because they cannot monetize the broken normies.

>> No.8777497

>>8775347
>Puts forth a true, relevant, and rational explanation about how Roger Ver is actively trying to scam people who are trying to buy Bitcoin into buying Bcash by purchasing the Bitcoin domain and using it to funnel people to Bcash
>"COREKEK COREKEK! LELELELELELELELELELE COREKEKS! XDDD REACTION IMAGE"

The absolute state of Cashies.

>> No.8777518

>>8774536
/biz/ hates everything that they are not in already.
everything that they got out of too early and everything that they didn't get out of early enough.

>> No.8777605

BCH shills are the worst. This crap was worse than peak LINK shilling.
Never touching this cancer.

>> No.8777626

>>8777497
I don't understand. Bitcoin cash is legitimately following the bitcoin whitepaper.
Calling BCash a "scam bitcoin" is kind of like calling ETH a scam coin because ETH hard forked from ETC.

>> No.8777781

>>8774536
Bitcoin, bitcoin cash, litecoin, nano, and the various other bitcoin clones are all competing for the the top cryptocurrency for store of value/transactions (not smart contracts).

It's a winner take all end game, so they all naturally hate each other.

However, as LN grows closer to release each day, it's becoming increasingly more obvious to investors who the final winner will be and the other coins' value are dropping to reflect that.

>> No.8777803

>>8777781
Its already on mainnet?

>> No.8777844

Litecoin is the real bcash.

>> No.8777870

>>8777803
Yes, but it's still in beta. Official release probably won't be until later this year.

>> No.8777915

>>8777781
All it takes is a transparent decentralized exchange mechanism and I can accept NANO while you pay in LTC. There are many efforts making this happen, and it is a killer app.

Because of this exchange, this is not a zero sum game. I bet an entire ecosystem of coins will spawn all connected as optional payment mechanisms. The types of currencies you want to accept as a merchant will be a statement on where you think value in society should be placed.

>> No.8777963

>>8777844
bitbean is the real litecoin

>> No.8777997

>>8777915
You're talking about decentralized exchange/atomic swap. However, the ratio at which to exchange coins is still based off of market demand.

If there are less users buying than selling, then the price of the coin will drop.

Once LN is established, there'll be almost zero reason to ever buy coins such as litecoin or nano over bitcoin. This will be true for both old investors as well as the plethora of new investors.

Yes, those other coins will still exist. But their value will be almost worthless.

>> No.8778021

>>8777997
Additionally, almost no merchant will ever want to get paid in those coins in the future. Further making them worthless.

>> No.8778028

>>8777870
Any opinions on Peter Rizun's talk Segwit Coins are not bitcoins? In it he exposes a selfish mining equilibrium where signatures are completely left out of the blocks for segwit transactions.
https://youtu.be/VoFb3mcxluY?t=16m6s

>> No.8778039

>>8777997
>Once banks get internet connection only the dollar will have value

>> No.8778052
File: 239 KB, 3026x1024, 1515623272106.png [View same] [iqdb] [saucenao] [google]
8778052

>>8774536
/biz/ loves BCH, all the hate is coming to pajeets funded by kikes. And reddit newfags, too.

>> No.8778062

>>8777997
Dust fees and energy usage will be a good enough reason for me not to use any POW based coin. I'm not sure about LTC (only have 5) but I'm sure BTC, even with the lightning network, will not be the pinnacle of innovation you are making it out to be.
People like choices and will form their own opinions. Some will likely choose based on arbitrary criteria like cost/coin or even just name.

The only true enemy is fiat and entrenched interests.

>> No.8778066

>>8778052
the bcash chad is a gook lol

gookash.

>> No.8778108

Core trolls getting activated by Craig Wright or Roger Ver successes again today, expect more of the same as we get closer to overtaking all sub par coins including core coin

>> No.8778109

>>8774536
I mostly get a bad feeling from listening to Roger Ver. I instinctually dislike him, and I didn't appreciate the stunt he and his bcash buddies tried to pull last year either where the price of bcash pumped to stupid levels. They were trying to destroy BTC which would have destabilized the whole crypto space. Thankfully, that Korean exchange malfunctioned and stopped their pump prematurely and thwarted bcash's plan, but I never liked that Roger Ver faggot since then.

>> No.8778156
File: 76 KB, 1024x512, DaD62riVMAIgGst.jpg [View same] [iqdb] [saucenao] [google]
8778156

BCH coming to India soon, don't fear fellow comrades help is coming.

>> No.8778159

The flippening is almost upon us. You've been warned

>> No.8778182

>>8778109
You mean the ddos attack by core servers stopped the take over, get real dude no one takes your sob story for real.

>> No.8778214

>>8778109
https://www.youtube.com/watch?v=L7s7-09-oms&t=5m30s

"Insider trading is a non-crime" - Roger Ver

>> No.8778233

>>8778159
Which coin though? BCH could be good but it needs incubation time to crawl out of the hole BTC put it in. Eth can flip things, but it's user experience is pretty shit because normal users don't understand gas.
Will it be EOS? Or maybe NANO, since new users won't have to understand fees?
I think the flippening has been replaced by BTC floppening and alts having to take the helm as BTC jerks off its value across the sector.

>> No.8778370

>>8778214

Common misconception of "insider trading" - trading on privileged information. However, that's not what insider trading is - it's trading corporate securities on privileged information that's the crime

>> No.8778375
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8778375

>>8775378

I made a lot of money buying up all the real Bitcoin you /r/bitcoin retards sold for fuck all. Price right now is irrelevant, Bitcoin (Cash) adoption is exploding, Bcore is dropping like the useless shitcoin it is.

Dont' forget to hodl your bcore, faggot. Bitcoin Cash is the real Bitcoin.

>> No.8778397

>>8778375
Almost everywhere that accepts bitcoin cash also accepts bitcoin core...

>> No.8778418

>>8778109
>I hate BCH because it pumped for a day
Meanwhile BTC had years and years of warning that they'd hit the 1MB cap and did nothing. They fucked up so badly that the BTC conference couldn't accept bitcoin donations. They fucked up so badly that even normies like "ITS 2017" guy shit on BTC. Nobody even knows if lightning can even scale.

What happens if it can't? What happens if it's irreparable? There's already some pretty damning facts about how centralised its becoming

>> No.8778446

>>8778397

True enough, which is why Bitcoin Cash is grossly underpriced. Additionally the fees on BCH are substantially lower and will remain lower then Bcore

>> No.8778492

>>8778418
Lightning can scale but it can never be decentralized. So why do we even need LN instead of centralized services like Coinbase with their payment API-s?
Gradual blocksize increase + centralized second layers could have resolved everything, but Blockstream need a way to make money, so...

>> No.8778494

>>8778233
Follow the money and the choice is easy.

>> No.8778641

>open ln client to pay someone instantly
>oh my channels all got closed, never mind
>go to pay them on the real chain since it's no longer instant
>fee is 800 dollars for 6 hour confirmation time
>use bch instead

>> No.8778691

>>8778494
Enlighten me please

>> No.8778836

>>8778691
I bet he's talking about how multiple billionaires are supporting bitcoin cash, and several hundred million dollar + companies are also backing it.

>> No.8778887

>>8778836
Same could be said of ETH, Dash. Heck even EOS is mostly backed by VC capital (risk tolerant institutional money). I do have some BCH from the fork and I plan on holding it just in case, but money invested is not always an accurate indicator of overall value.

>> No.8778919

>>8778887
Good point

>> No.8779037

Bitcoin Cash is Satoshi's Vision. Bitcoin after having been taken over by old-money is the shitcoin barely keeping afloat living on The Real Bitcoin's Legacy, a million shills online and ignoramuses who doesn't even know that /r/bitcoin is a propaganda chamber.

Come finish what Satoshi started at /r/btc or support a shitcoin that gets funded by Digital Currency Group with the same chairman as the FED. Your choice.

With Bitcoin Cash i feel like it's the beginning of Bitcoin again, before the shills, before Block-the-stream mason jew satanists... Adoption through the roof, more and more cool shit happening to the protocol. It makes me feel like Bitcoin did in the past; we are gonna change the world.

>> No.8779201

>>8778887
Backed by institutional money doesn't mean "there's people holding $100M in coin X who also have billions in USD". The only coin where the above is true is BCH.
------
Example : https://bitinfocharts.com/bitcoin%20cash/address/19hZx234vNtLazfx5J2bxHsiWEmeYE8a7k
440k BCH, held by a billionaire in USD. With today's market liquidity he can pump $5M into the market, and his portfolio will grow $50M+.
------
Here's a short list
>Jihan
Bitmain received 2 billion dollars in revenue last year, guy is literally ballin. Owns half the newly created BCH and BTC, the BTC gets converted to BCH instantly. 0.5-2M BCH out of circulation
>Roger
Had 300k bitcoins at one point, sold most for BCH and ETH. Probably owns half a million BCH and these are completely out of circulation. Also a multimillionaire, and owner of a top 400 largest site in the world, publishing expensive press releases daily.
>Craig Wright
He's not satoshi, we're not denying that, but the motherfucker is obviously rich, given that he's funding wallet creators and ecosystem builders.
>The bitcoin.com cofounder
Hit the news by selling 10k+ BTC for BCH. At least 100k BCH out of circulation, and the guy is a millionaire too
>owner of 8BTC
Almost half a million BCH, almost a billion dollars in USD
>Calvin Ayre
Muti billionaire, no clue how many BCH he's got, but he's probably accumulating as we speak

That's 6-7M BCH out of circulation. There's also long term hodlers amongs us poorfags (50 BCH in cold storage for me, probably thousands of people like me) - so 7-8M bch are out of circulation for good. Put in Satoshi's coins and all the coins that were lost this last decade - and there's 1-5M BCH on the market. With liquidity as low as that, any of the above gentlemen can do the flippening by himself. Wouldn't be the case if BTC was rallying to $100k and beyond, but this bear market is a godsend for cashies, and everyone will be shocked by the fabricated flippening about to occur.

>> No.8779207

>>8779037
NANO makes me question wtf BTC/BCH is even doing. If you break down Satoshi's vision into it's core concern (creating a distributed peer to peer electronic cash system), why do you need miners?
Satoshi showed us the direction not the destination.

>> No.8779283

>>8778418
bcash lol

>> No.8779369

>>8779201
Thank you for writing this I will do more of my own research. I do have some BCH (like 5) from the fork and I am rooting for them over fiat.

>> No.8779418

>>8774536

they shouldn't, BCH is Bitcoin, core is a dead end. LN is vaporware and will never scale properly. Sorry...
If you want to blame someone blame core for being asinine about limiting the blocks to 1 mb...

>> No.8779446

>>8779369
don't believe him bcash is trash

>> No.8779463

>>8779207
I kind of agree but im not sure Nano could work. It has to prove itself so to speak... Tests already done with BCH shows it can scale on chain with graphene to above visa levels...

Another thing i don't like with Nano is that it has 33 mill coins. Im allergic to this number -- whether im justified in this case or not -- because i know masons have this number autism when it comes to this number.

There's already good proof blockstream is a mason/jew operation. Their whole MO has already been text-book mason op, including all the psychological operations also the name is text-book mason corporation where they tell you what they are about in the name itself; block stream -- which is exactly what theyve done.

>> No.8779476

>>8774536
My biggest problem is Roger Ver comes across as a constant whiner. Tweet today like almost every day "Bitcoin Cash is Bitcoin"

>> No.8779499

>>8779446
As a rule I dont believe anyone online. I do my own research and come to my own conclusions.
I do think BCH is where BTC should have gone, I also think it may be too little too late. There are better solutions around now competing for market share that do not have POW's baggage.

>> No.8779524
File: 2.38 MB, 2918x2901, 1510531599562.png [View same] [iqdb] [saucenao] [google]
8779524

>>8779476
There has been countless debates where he has been defeated. See samson mow and tone vays. He just can't stop scamming.

>> No.8779586

>>8779446

BTC is the biggest ponzi scam coin ever

a handfull of people got filthy rich, while most of you fools are holding bags

>> No.8779629

>>8779476
Both Bitcoin and Bitcoin Cash was/is an implementation of the Bitcoin protocol as outlined in the Whitepaper. It's only that Bitcoin has changed the protocol away from the whitepaper claiming it cannot scale on chain so we're going to restrict the blocksize to floppy disk size and we're going to put a gift-card network on top of the chain "coming soon" for years.

The reason he says Bitcoin Cash is bitcoin is because a) it follows the protocol much more closely than Bitcoin. b) they have the same chain-history. c) it's not taken over by old-money goons and actually wants to make it cash for the 21st century.

>> No.8779686

>>8779524
If people can't see stuff like this as propaganda they should just get off the internet and go back to TV.

>> No.8779797

>>8779629
I get that but Roger Ver seems to think that Satoshi would've stuck to his original plan back in 2008 even 10 years in. Satoshi had no idea how/if bitcoin would even work once it started getting adoption

>> No.8779821
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8779821

>>8779499
>I do think BCH is where BTC should have gone, I also think it may be too little too late.
Agreed on both
>There are better solutions around now competing for market share that do not have POW's baggage.
There's solid arguments against PoS, so I'm mostly undecided. Would prefer to see how Casper turns out before I jump to conclusions though. DAG-s are complete garbage, and stuff like Steem and Waves does not have the huge community and billionaire money that BCH has. So imho the competition is still scarce.
>>8779446
I know you're a troll, but what I wrote in my post is literally a good argument AGAINST widespread BCH use. However, it is a good indicator of an upcoming moon, probably even the flippening.

>> No.8779852

>>8779207
>Satoshi showed us the direction not the destination.
Well said, anon. I like this. Going to steal it actually

>> No.8779864

>>8779821
I have yet to see any solid argument against PoS. As far as I'm concerned it's more decentralized, doesn't favor the rich as much as PoW, and easier to secure by forking away from attackers and slashing their deposits.

>> No.8779981

>>8774536
Most people here give absolutely no fucks about the technology or the politics of money.

All they care about the next moon mission. They are also very bugman like, like many greedy sociopaths who work in finance are. So they just follow the herd on literally every cultural sentiment. Blockstream were pretty successful in controlling the initial reaction to bitcoin cash because they control both the bitcion subreddit and the bitcoin forum, and the very aggressively censored any and all positive opinions on bitcion cash.

tl;dr this board is overrun by subhuman bugmen

>> No.8780008

>>8779864
The arguments are mostly meant to counter this exact sentiment:
>it's more decentralized, doesn't favor the rich as much as PoW, and easier to secure by forking away from attackers and slashing their deposits.
Generally:
>it's more decentralized
The counterargument is that a millionaire can easily stake 95% of his income, a person making 1/10 as much as the millionaire can stake 10-20%, which actually leads to centralization.
Also PoW requires skin in the game, which comes in the form of infrastructure and personnel costs, DDoS protection, safeguards against electricity/network blackouts, etc. Not to mention R&D for multiple optimizations.
Every industry is centralized, and if there's too many players, pools begin to emerge, so some claim that there was never a chance for this not to occur. ASIC-s provide much necessary security.
>easier to secure by forking away from attackers and slashing their deposits
This would mean unplanned hard forks, which are also undesirable for a #1 cryptocurrency.

Not saying I agree with the above but they make some sense, so I'd like to see how Casper pans out. I expect the very news about Casper to pump the price, so I hold a lot of ethers.

>> No.8780024

>>8774928
The Bitcoin name confuses newcomers. They think they invest in bitcoin, an online currency created by Satoshi Nakamoto, but in reality they are investing in a settlement layer created by bilderbergers and wallstreet bankers that has nothing to do with bitcoin. Bitcoin should change name, and ticker.

>> No.8780060

>>8775417
dragons den corecuck shill detected

>> No.8780095

>>8778109
If you prefer corecuck team over roger you might just be a beta cuckold

>> No.8780127 [DELETED] 

>The counterargument is that a millionaire can easily stake 95% of his income, a person making 1/10 as much as the millionaire can stake 10-20%, which actually leads to centralization.

So? In your example the millionaire can more easily spend 95% of his income in a mining farm than the poor person.

>This would mean unplanned hard forks, which are also undesirable for a #1 cryptocurrency.
That's only in the scenario of an actual 51% attack, in which case you'd need an unplanned hardfork for PoW too. If your attacker was a nation state who could do it with billions of worth of GPUs instead of ASICs, they could just follow a PoW coin through every hardfork.

>> No.8780148

>>8780008
>The counterargument is that a millionaire can easily stake 95% of his income, a person making 1/10 as much as the millionaire can stake 10-20%, which actually leads to centralization.

So? In your example the millionaire can more easily spend 95% of his income in a mining farm than the poor person.

>This would mean unplanned hard forks, which are also undesirable for a #1 cryptocurrency.
That's only in the scenario of an actual 51% attack, in which case you'd need an unplanned hardfork for PoW too. If your attacker was a nation state who could do it with billions of worth of GPUs instead of ASICs, they could just follow a PoW coin through every hardfork.

>> No.8780243

>>8774536
It was created by a narcisistic pathological liar, thus you can't trust someone that can't say the truth and can see his mistakes.

>> No.8780289

>>8779797
I see you haven't read the whitepaper. Nor anything about Bitcoin Cash. Nor anything about Roger Ver. Do you think he is behind Bitcoin Cash or something? The man is simply one of the first Bitcoin champions that did a lot for Bitcoin perception in the beginning and switched to championing BCH when the banks took it over. Maybe think about starting to think for yourself and not just parrot everything you read online or on /r/bitcoin.

>> No.8780360

ight i'm done being a faggot.
>>8779864
see
>>8779201

>> No.8780432

>>8777071
terrified/unable to offer a non-diversionary response to the fact that bitcoin.com is a scam website designed to fool/confuse new crypto investors. >hallmark of a scammer

>> No.8780462

>>8777126
nice diversionary non-response. stupid or just getting JUST?

>> No.8780472

>>8780289
You're right I haven't. I just can't see them gaining any traction

>> No.8780629

>>8777626
lots of diversionary responses by cashies. SHOCKING. either a case of trisomy 21 or drooling brainlet scam artist in training. that cashies refuse to acknowledge the scam that is bitcoin.com domain name and r/btc reddit url tells the world everything about the scam nature of the cashie mindset and by extension the entire project. nor surprising then that the front men are known scammers with the crowning jewel being the fake satoshi claim. cashies are THIS pathetic

>> No.8780666

Bitcoin cash is /ourcoin/

>> No.8780697

>>8778159
Yes, ADA

>> No.8780727

Blockstream Corp. Profit Model:

Extract Bitcoin's value by imposing fees . How can they be imposed? By disabling Bitcoin and then claiming it cannot work on its own.

>> No.8780729

>>8780432
>>8780462
Anon, just point out what is fundamentally wrong with bitcoin cash. How is it a scam anymore than ETH is a scam coin created from ETC???

>> No.8780879

>>8779821
>There's solid arguments against PoS

those arguments are outdated as fuck and have been solved, nice dishonest cashie talking point though. POW is going to get curb stomped by appropriately designed POS

>> No.8780939

>>8780729
It's not a scam. It's just that blockstream has a troll army together with propaganda victims at /r/bitcoin...

>> No.8780983

>>8780939
I know. But I am just pointing out to anon that his reasoning either A) leads to failure to call moon missions (like eth) or B) or has inconsistency in its validity.

>> No.8780993
File: 125 KB, 500x382, 1522781035232-biz.gif [View same] [iqdb] [saucenao] [google]
8780993

>>8774603
>distinguifies

>> No.8781037

>>8780729
how many layers of diversion will the cashies lay doen to avoid addressing the original JUST of bitcoin.com and r/btc? SAD

>> No.8781055

>>8780879
If you were as certain as you'd like to appear, you wouldn't be as hostile. I'm a cashie, sure, but I also hold a lot of ethers.

>> No.8781087
File: 78 KB, 693x509, Bitcoin-com.png [View same] [iqdb] [saucenao] [google]
8781087

>>8781037
Anon there is no hope for you. Read the whitepaper. Here

>> No.8781282

>>8777193
Yes the Segwit soft fork, Bitcoin cash forked off before to avoid it because Segwit is a technically grotesque and unnecessary secondary transaction format

>> No.8781634
File: 60 KB, 696x1029, bitpay.jpg [View same] [iqdb] [saucenao] [google]
8781634

>>8780462
>>8780629
>>8780462
>>8780432
>>8780879
>>8779524
>>8777963
>>8777844

>> No.8781953

>>8781634

This kills the corecuck

>> No.8782037

Satoshi himself said that BCH is the worst ERC20 token. Also the kernel was recently hacked. Stay out.

>> No.8782283

>>8776133
This is actual bullshit propaganda.
Roger is a scam artist.
Bcash is for cucks.

>> No.8782335

>>8782283
>This is bullshit! But I won't provide the truth because I'd rather namecall!

>> No.8782623

>>8778492
https://www.youtube.com/watch?v=c4TjfaLgzj4

The amount of people who are misinformed in this thread is staggering. Most of /biz/ are idiots... they do little to no research and easily fall for rhetoric.

>> No.8782625

"Great minds discuss ideas; average minds discuss events; small minds discuss people."

>> No.8782809

>>8782623
Op here, have 2 q's.
1. What if a lightning channel you have funded locks up, or goes away? Do you lose your funds or do you get them back?
2. Do you have to be always online as I've heard some people say? And if yes, does that mean you end up paying fees every time you go online/offline? (But desu, that would probably be quite cheap for the amount of transactions you can do.)
Adding to that, what if the blocks start filling up and it takes ages to open a channel? Kinda unrealistic if everybody ends up using Lightning, but you know, hypothetically and everything.

But hey, thanks for clearing that up. Lightning seems to suck a lot less now. On what I'll use? Hell if I know, I'll use whatever sticks around.

>> No.8782849

>>8782623
Its pretty simple.
There is no such thing as Lightning coin, so there's no reason for pajeets to shill it.
No one directly benefits from shilling lightning (BTC holders will just try something else if it fails)
Lots of people benefit from fudding it (shitcoin holders)

>> No.8782869

>>8782809
>What if a lightning channel you have funded locks up, or goes away? Do you lose your funds or do you get them back?

Like, what even is this fucking question? Are you seriously asking "what if your funds just disappear?". What if your bcash just disappears? Then what?

>> No.8782954

>>8782869
gee thanks for the helpful reply

why did i make this thread?
a thread died for this shit

>> No.8783038

>>8782335
he's correct though

>> No.8783071

>>8783038
>This is bullshit! But I won't provide the truth because I'd rather namecall!

this thread is fantastic

>> No.8783077

>>8781055
>thinks cashie scam artists (aka deceivers of newcomers to crypto) deserve civility.
nice try faggot

>> No.8783129

>>8781087
another layer of diversion! fantastic. there truly is no hope for cashies. this thread is a testament to the blatant dishonesty in the fucked up bcash community. dishonest shillers and manipulators of the new crypto investors via conmen frontmen, bitcoin.com and r/btc. pathetic

>> No.8783155

>>8782954
Anon if you can't even be bothered doing the most basic research then you can wait with the other normies until Ellen does a segment.

>> No.8783204

>>8774536
Roger Ver and Craig Wright.

No other reasons. I'd believe them over any /biz/ normies who know about the same amount of info about these guys, Satoshi, and the origins of bitcoin's creation.

Still not buying any bcash until I can use it to buy my groceries.

>> No.8783225

whats pathetic is the evil baby killing jews behind block-stream international and federal reserve banking cartels. your greed will be the death of you

>> No.8783263

>>8783204
All you need is a BitPay card to buy groceries and gas with BCH

>> No.8783281

>>8775476
>bcashies are unapologetic redditors

>> No.8783308

>>8783038
>>8783129
What is dishonest about bitcoin cash's mission to create peer to peer electronic cash based on the bitcoin whitepaper and using a proof of work all the way from the genesis block 10 years ago?

>> No.8783324

>>8783071
talking to a cashie is like talking to a flat earther, when the truth is presented both divert to a new topic. that chart is flat-earther level dumb. why do cashies have such nice looking yet deceptive infographics?

>> No.8783361

>>8776133
This is factually incorrect. If you owned a Bitcoin on the left side of this line, you never had to go search for a forked blockchain for it on the right side. Bitcoin Cash is a COPY of the Bitcoin blockchain. That's why there wasn't a need for exchanges to 'support Bitcoin Core' but there was a need for exchanges to 'support Bitcoin Cash'.

I fucking hate how misinformed this place is.

>> No.8783367

>>8783308
read the fucking thread, the layers of misdirection by cashies in this reply thread is getting more pathetic with each fucking redirection. perhaps that post is QED and you fucktards are dodging the issue because you are fucking JUST

>> No.8783383

I don't hate either BCH or BTC but when someone says "digital gold", I want to explode.

Also, Craig Wright is a fraud and a liar.

>> No.8783414

>>8783324
idgaf about the chart, even i think its kinda dumb, im just laughing about how it went from "u suk but i wont say y" to "lol he wont say why" to..
the exact same thing

>> No.8783435

Its so funny seeing so many people get so hot and bothered over bch. People are free to do as they choose. Dont know why so many of you care so much if someone buys one or the other. And DONT give the argument that bch misleads new users, like u faggots care anyway

>> No.8783477

>>8783361
Are you retarded?
All exchanges need as many clients as btc implementations. Of course bitcoin core doesnt support BCH.
The important part is not the client, it is the underlaying protocol.

>> No.8783495
File: 91 KB, 484x580, brainlet.jpg [View same] [iqdb] [saucenao] [google]
8783495

>>8783367
Anon. I have read the thread. What am I redirecting FROM? maybe you can reassert that if you had a position besides attempting to nonsensically redirect from my claim that bitcoin cash is NOT a scam. It's no more of a scam than ETH is a scam.
like 10 out of your 11 posts in this thread are you saying "NICE DIVERSION!"
Diversion FROM WHAT? Holy wow anon please make yourself at least not seem like a bot.

>> No.8783518

>>8783324
>>8783324
Good connection between flat earthers and cashies, but you missed the moneyshot.

The thing that connects them is that noone in these two camps actually believes the message they are preaching and they're only doing it for money cause they're all paid shills.

There's no organic flat earth "movement" like there are no actual bcashies. Well... except for a couple braindead idiots here and there

>> No.8783523

>>8774536
I can't stand roger ver, he's very unpleasant to watch/listen to

I'd probably like Bitcoin Cash more without him, but Roger just seals the deal for me. Fuck Bitcoin Cash

>> No.8783599

So like do we have to have everyone's worthless opinion on the subject before we can move forward . Maybe Soros is working with Wright on the evil plan right now to finish core off once and for all

>> No.8783613

>>8783599
Anon. The point is to keep quibbling so we can keep the thread bumped and have the bitcoin cash logo show up in the catalog for days.

>> No.8783628

>>8774536
We don't. It's blockstream sock puppets.
Watch the arguments. There are none, anyone with half a brain would be embarassed to FUD that hard with absolutely zero substance.

>> No.8783640

>>8783523
No ones forcing you to listen to him. Plus he got the same hate back in the early 2010s for shilling btc. Did u hate him then too?

>> No.8783743

>>8779524
Samson Mow got rekt so hard he should fucking resign and Tone Vays is on record as claiming segwit would instantly and permanently fix scaling completely. Terrible choice of representatives desu. But not like the field is packed with stallions or anything. Everyone left there now has egg or shit on their face to some degree.
That should tell you something.

>> No.8783762

>>8775278
>32mb blocks
>when the current blocks are already extremely empty and barren
lol????

>> No.8783779

>>8783762
Be Prepared.

>> No.8783825
File: 11 KB, 585x136, please_clap.png [View same] [iqdb] [saucenao] [google]
8783825

Roger Ver might not be a psychopath, but he is definitely a brainlet.
Imagine supporting Mt Gox AND fake Satoshi.

>> No.8783852

>>8783779
prepared for what? bcash to go to 0.01 BTC? Already got a short open my dude.

>> No.8784091

>>8783762
>32 MB blocks.
>Still works better than BTC by a long shot
What's the problem here, chicken little?

>> No.8784103
File: 191 KB, 500x632, bitcoin-just.png [View same] [iqdb] [saucenao] [google]
8784103

>> No.8784188

to prevent someone saying "hurr durr 32mb will centralize nodes"
FULL 32 mb blocks will fill a 50$ hdd in 400 or so days.
and even then, we have moores law, so these drives will probably cheaper/bigger soon.
and even then, if you cant afford 50$ a year, just dont sync more than the latest 56000 blocks or so.

>> No.8784278

>>8784188

How will an african dirt farmer run a raspberry pi node now?!!

>> No.8784312

>>8777777

>> No.8784333
File: 74 KB, 625x423, 1522320055903.png [View same] [iqdb] [saucenao] [google]
8784333

>>8784188
>just dont sync more than the latest 56000 blocks or so.
i don't think you understand how blockchain actually works kek

>> No.8784380

>>8784333
>hurr durr hurr durr
You can download the blocks before those 56000 blocks and then prune the UTXO set. Same level of verification you just can't seed the blocks you deleted from your hard drive.
>hurr durr $50 per transaction is better than $50 per year

>> No.8784388

>>8784188
To accommodate the transaction volume of just visa alone would need 3GB blocks. Every 10 minutes. 150 terabytes added per year.
Not to mention bandwidth.
Not very amateur friendly.

>> No.8784464

>>8784388
[cashie silence intensifies]

>> No.8784503

>>8784464
¯\_(ツ)_/¯
can lightning do 3gb worth of tx?

>> No.8784558

>>8784503
Yes.

>> No.8784580

>>8784558
prove

>> No.8784600

>>8783743
Dude, it's hopeless. No matter what we say the morons will not understand. I don't even argue anymore.

Just watch them as all their digital gold goes to 0.

>> No.8784733

>>8784388
>>8784464
>>8784600
The point is not for every user to run a full node. How many USD or fiat cash users run a central bank?
You can get 150 TB per year pretty cheaply on tape storage if you really wanted to verify from your home server room. But the criticism "This currency has too many transactions to be useful!" is painfully stupid.

>> No.8784817

I am Bitcoin agnostic (Core and Bitmain are different versions of centralization) but LN is particularly useless vaporware.

Rick is a weirdo but I've yet to see a serious rebuttal to the concerns he raises.
https://www.youtube.com/watch?v=DFZOrtlQXWc

>> No.8784840

>>8784817
No rebuttal needed. Bcash is a scam!
>BCASH BCASH BCASH
>BEEEEEEEEEEEEEEEEEECASH!!!!!!!!!!!!!

>> No.8785094

>>8784840
kek

also
*crickets*

>> No.8785188

>>8785094
Whats there to say? Lightning will likely not function with the routing issues unless it becomes a system with hubs and some requirement of trust. Regardless it will probably still be functional as a hub and spoke model.
What's worse for the bitcoin segwit chain is the security holes in segwit coins.
See
>>8778028
peter rizun's explanation or more easily digestible,
https://youtu.be/A3WNongC18M
crypto-anarchists explanation

>> No.8785344

>MUH BIG BLOCKS SOLVE WORLD HUNGER

Gee. Let me put all my money in what the felons and scammers are promoting. Yeah, that's a great idea.

BEECASH.

>> No.8785380

>>8785344
you know how I know you are a paid shill?

>> No.8785404

>>8785344
quit rehashing arguments
>>8784840

>> No.8785422

>>8778028
Rizun is a meme, so is Ver and anyone holding bagcash at this point.

>> No.8785451
File: 2.29 MB, 2168x1390, blocks.png [View same] [iqdb] [saucenao] [google]
8785451

>>8784733
The more difficult it is to run a full node, the weaker the network is, at any rate.

>> No.8785512

>>8785404
Not up for argument because it's the truth. Lets also throw a fake Satoshi in there to sweeten the pot.

>> No.8785535

>>8785451

Full nodes that don't mine don't contribute to the network. The only reason you would run a full node is to check 0 conf

>> No.8786309

>>8779201

I think that 440k account is Jihan/Bitmain. If you follow the price action in USD versus the buying patterns of the account on the blue line you can see how that account's buys seem to heavily influence the price. The spikes in BCH buys correspond with spikes in that accounts buying and when this account stops buying BCH has slid in price ever since.

That said I agree with what BCH does over Blockstream's sabotage. Pretty sad most don't see this and just go with Blockstream's coin.

>> No.8786559

>>8780148
>If your attacker was a nation state who could do it with billions of worth of GPUs instead of ASICs, they could just follow a PoW coin through every hardfork.
As expensive as both attacks are, keeping up a 51% attack on a large PoW crypto is much, much more expensive than a PoS crypto. In a PoS attack, it's a set it and forget it investment. Not the case with PoW when you consider how ridiculous the logistics of pulling off such an attack are. This is the case for both ASIC friendly and ASIC resistant algorithms. I know this is an old post but I see this brought up a lot.