/biz/ - Business & Finance

>>8972450
god, what a fucking chad

>greenscreened

>bcash hashrate is only 5% of bitcoin network hashrate
>bcash can be 51% attacked with just 2.5% of bitcoin's current hashrate
>unstoppable

k e k

>>8972450

>>8972450

>it ain't gonna suck itself

>>8972603
i dont see em doing it tho. if anyone tried that shit, versace ver would beat the shit out of em

>>8972603
Why isn't anyone doing it then?

>>8972603
so go ahead and 51% it then, bitch boi

>losses, the coin

>>8972450

>those shoes

>>8972711
He's got some big feet.

Oh look, another imitation bitcoin thread.

>>8972450
Yes, nobody can stop it from crashing and burning.

Bcash? isn't that the fork that plummeted from 0.3 to BTC down through 0.25, 0.2, 0.15, and 0.1? That is, it is right now three times more shit than when it forked?

Because I've heard they're hiring their first dev so hopefully that'll turn things around >taps nose<

>>8972953
>>taps nose<

>>8972450
It fucking better, I've been holding mine since the goddamn fork.

>>8972816
>>8972953
actually bitcoin forked from bcash
bcash is the original, i didnt believe it either at first. but you should look into it before running your mouth son

>>8972450
that's a big guy

If you're going to bet on a coin replacing BTC why would you choose one that has such a minor advtange (increased block size). Why not just invest in Monero or Nano, ya know, something with actual innovative technological improvements over BTC. BCash is literally just a shittier version of Litecoin.

>>8973120
cashies piggyback off the bitcoin name. Might aswell buy BTCP kek, same ballpark

BCASH IS THE REAL BITCOIN PLEASE STOP SAYING OTHERWISE

>>8972450
oh my god how can one man be so based

>>8972450
>Stuff doesn't go his way, so tries to buy people off.
Every time.
If he wasn't lucky enough to have a fortune to blow in the first place you likely would never have heard of bcash.
He's owned and controlled opposition, btw.

>>8972603

BCH has more miner support than bitcoin they would never pull that, it may look like its small right now but they are waiting for it to start moving and growing in size and price.

>>8972472 Thats like like Nevis in the background and he has a house in St Kitts so probably legit

>>8972953

yeah, the fork that bottomed at 0.05 after the first pump, bottomed at 0.07 after the second pump and 0.09 after the 3rd pump? Damn, must suck to see Bitcoin Cash on such a long term uptrend...

>>8973044

>bcash is the original, i didnt believe it either at first. but you should look into it before running your mouth son

So riddle me this:

who cares?

The original construct doesn't matter. The market evolved and Bitcoin won over Bcash. And guess what? Bitcoin is still as useless as ever. It functions as a successful blockchain, yes. But other than that, what does it do?

Bitcoin doesn't serve a defined purpose. It was a proof of concept that took off and got more overbought than any asset in history. The only purpose it serves now is as an index to the crypto market and as a source of liquidity for alts. Other than that, it has no purpose.

BTC didn't fall into that role out of intent. It evolved into its current place. And to say that Bcash is going to absorb that role.. how and why would that ever happen? Bitcoin is there because of first mover advantage and if anything takes over that first slot, it's definitely not going to be another imitation.

If anything is going to overtake that number one slot in the crypto markets in the future, I bet it doesn't even exist yet.

You guys maybe in for a surprise, Calvin Ayre has publicly predicted Bitcoin Cash will be 10k in May, this guy knows things the average biz tard could only dream of.

https://themerkle.com/calvin-ayre-predicts-a-bitcoin-cash-price-of-10000-in-may/

Isn't this guy a manlet?

>>8973486
It'll be gone by June 4th. Screencap this. Ayre has bags. He doesn't give a toss about bitcoin, he's just trying to make a fast buck from whatever scam he can jump onto. Same as his friend provably fake satoshi Craig Wright.

>>8973378


>So riddle me this:


riddle me this
who's afraid of the big bad bat

5'2"

>>8972450
Stop making these threads so we can all buy more cheaper.

>>8973051
4 u

>>8973532

probably substratum

>>8973549
you HAD your chance. now it's cashies' time to shine.

>>8973523
I doubt it he just heavily reinvested in more mining equipment and released breaking plans for new 100 million dollar cash casino, they are just getting started.

>>8973486
>>8973523
>11x in 1 month
kek
totally not wishful thinking bois

You think you can double the hashpower in an instant and they wont notice? You do know that you can ONLY buy premium SHA256 ASICS with Bitcoin CASH right? The Chinese who make them will only accept it and they already stated they are selling BTC to buy BCH and you think they'd allow a 51% attack to happen? Kek

How bad will corecucks feel when bitcoin cash rockets to .5? Do you think they'll FOMO on or persist in their delusions?

>>8972467
Fpbp

>>8972603
>>8973656
Meant for above

>>8972450
How do popped bubbles float OP?

https://trends.google.com/trends/explore?date=all&q=bitcoin%20cash

>>8973378
>First mover advantage
The bitcoin I bought in 2012 exists on both the BCH and BTC chain.

>>8973656

an unknown party can be withholding blocks right now, ready to unleash on the Bcash network whenever they want.

look up a block withholding attack

also, Bitmain accepts fiat for their miners as well. Not to mention ''premium'' sha256 asic Halong miners and Canaan miners.

>>8973817

Miners love bitcoin cash. It's more likely they'd do that on the bitcoin network kek

>>8973801
Seriously. That's how you know all these corefags are also newfags. Best case scenario they both go up a shit ton

>>8973855

no because bcash hashrate is only 5% of bitcoin network hashrate

bcash can be 51% attacked with just 2.5% of bitcoin's current hashrate

>>8973877

Miner signalling is pro bitcoin cash. Try again corecuck

>>8973897

ok bro

>>8973903

You know most miners think bitcoin is a failed project and are ready to up on board bitcoin cash, right?

>>8973919
They really do. They just don't want to dump on you btc fags all at once or it would ultimately hurt market confidence in bch.

>>8973919
let me take a wild guess -
you learned about crypto in december 2017.

>>8973044
bcash is a hardfork, segwit was a softfork. The softfork is the backwards compatible fork, and therefore is the continuation fork. bcash implemented replay protection further solidifying itself as a fork and not the original chain.

>look into it

You have no idea what you're talking about.

Are you a business owner that wants cheaper fees than credit cards?
This was the big selling point of Bitcoin from 2009-2015.
Obvious choice: BCH

Are you a normal user that wants to spend the least amount in fees for transactions on a fully decentralized network?
Obvious answer: BCH

Do you want to support a currency that enables the poor people of the world to participate?
Obvious answer: BCH

Do you want a currency that only wealthy people can use and excludes poor people?
Obvious answer: BTC

Do you want to support a currency that's struggling to scale, and is depending on an unproven, arguably unsolvable technology that requires hubs and trusting others?
Obvious answer: BTC

>>8973877
hash rate changes by the hour it could be 20% by morning, if they want to try it go for it the threat is not going to stop anything.

>>8973980
>he thinks hard forks are abnormal

Its just software upgrades. XMR does hardforks I think quarterly and BCH is doing another soon. BTC use to do them all the time as well until Blockstream came into the picture.

So be honest with me,

do you cashies really believe that Bcash will overtake BTC?

>>8974048
>expecting honesty from paid shills
you must be kidding

>>8974048

It 100% will. Every sign points toward it.

>>8974025
>cashcuck doesn't know what a contentious hard fork is
fucking pajeet

>>8974025
Firstly, let me accept your admission of being mistaken: bcash is the hardfork, has minority hashing power, a lower market cap, fewer developers, and a smaller community, with less acceptance. Let's just call a spade a spade. Glad you came around so quick.

Secondly, hark forking is contentious when it goes beyond a bug fix or change that has obvious implications. In the case of bitcoin versus bcash issue, both segwit and an increased blocksize represented contentious choices with non-obvious implications. Hardforking in such as situation just isn't the same as when a shitcoin hardforks in its early days, or hardforking for a critical bugfix.

>>8974075
>Btc fag doesn't doesnt know segwit is a shitty, irreversable malleability fix. It was rushed, just like lightning network.

>>8974061

lul, good point.

people actually arguing about this are delusional. tunnel vision over the past market without considering the future.

utility tokens are going to make this market.

>>8974065

what signs? is CBOE opening a cashie market?

>>8974048
It has to. Either it or XMR. XMR imo is actually better money, but I don't think people fully appreachiate privacy yet. They'll come around though. However if BCH can actually pull of the extension blocks with zkSnarks, it could give XMR a run for its money.

>>8974075
>sticking to the whitepaper is contentious
Core could have avoided all this blow back by just increasing blocksize. They would have still caught a bunch of flack for Segwit, but as long as it remained a non-essential opt-in people probably wouldn't have cared much.

>inb4 Segwit is opt-in
>inb4 LN will be opt-in
>implying paying $100s in fees and waiting a week for your money to clear is a fucking option

>>8974048
I don't believe, I know.
>mfw the war is already won

>>8974107

Bitcoin cash market adoption is growing more and more every day. Bitcoin has failed miserably in keeping its functionality.

>miner hashing power
Miners support bitcoin cash by their signalling
>Fewer developers
Irrelevant since bitcoin has no innovation, kek
>Smaller community
Merchants love bitcoin cash
>Less acceptance
HAHAHAHA

>>8972603

>>8974109
>brainlet shill thinks we aren't going to listen to the teams of phds and programmers who make up the Bitcoin dev team and instead are going to entertain the retarded conspiracy theories of an outrage subreddit

Here are the facts corecucks

>>8974165
>(((adam beck))) and (((gregory maxwell))) mock those who study economics and you expect them to make BTC economically viable?? top kek

>>8974187
whoops didn't mean to meme arrow there

The end is near for Bitcoin.

>>8974107
Big-blockers were the majority hashrate before the NYA was announced.
Miners generally mine whatever chain is the most profitable because that's the smart move right now based off the current economics.
See the suspected Bitmain BCH address that has been selling all BTC rewards for BCH with each block they mine.

Tons of development is happening on BCH right now - see all the new use-cases only available on BCH and not BTC (yours, memo, satoshidice, etc. etc)

Acceptance is growing constantly. Reminds me of when Bitcoin was spreading to stores like a virus - for months it's been normal for BTC to be removed from stores.

SegWit was contentious - it's the entire reason BCH was created. Today's BTC is not the Bitcoin of previous years. The previous Bitcoin didn't have a two-tier fee system, or different nodes that see different transactions, or a roadmap with develops that supported excluding the poor by encouraging high fees.

>>8974109
Segwit was a soft-fork, not a hard-fork, sorry sweetie

>>8974119
lmao I don't give a shit about your marketing script pajeet-kun. You claimed hard-forks are often used, and that's true, but contentious forks are not. Contentious forks are very dangerous for a coin and risk destroying the protocol (which is what bitcoin cash tried to do).
>as long as it remained a non-essential opt-in
Segwit is opt-in, that's what soft-forks are, my cuck friendo. You can still use BTC without using Segwit, you are just butthurt because Jihan ran out of money to bribe crypto companies from enabling it and it keeps going up in use.

>>8974165
I prefer my txs onchain. It's actually kind of revolting that you want to do txs offchain.

>>8974234
>lmao I don't give a shit about your marketing script pajeet-kun
Stopped reading here. Go be a faggot somewhere else then, people are trying to discuss things.

>>8974234

>c-competition is an attack on bitcoin

top kek. you communist faggots need to get bent

>>8974187
How many economics scientific papers did Roger write?
Also how many economists were involved with the creation of Bitcoin. I'll answer for you: 0.
Who says we need those cucks now? lmaoing @ur life

>>8974234
I didn't say it was a hardfork faggot

>>8974263
nobody has a problem with altcoins. Rename your coin, stop claiming it is "muh original vision" and nobody will give a shit about you Raj-kun.

>>8974250
>Stopped reading here
whatever makes you feel better about being BTFO, pal

>>8974288
soft-forks are opt-in by definition. You are claiming Core forced people wheras they have gone out of their way to implement the protocol improvements in a way that would be completely up to the single, free choice of the economic agents of the network, while Roger autistically screeched things should be done and enforce in his own way while inventing neo-language like "economic code". I wouldn't expect a mechanical turk pajeet to understand though.

the official coin of late adopters

Bcash at least has replay protection and HF safe headers now. It is superior to S2X. It also doesn’t seek to force itself on anyone who doesn’t want it.” - Greg Maxwell

>>8974317
the official statement of late adopters

>>8973980
>muh "soft fork"
>transactions with no signatures are backwards compatible
spotted the tech illiterate

>>8974306
Blockstream/Core urged everybody to switch to segwit during the "spam attacks".

>>8974237
Swell, then you can pay the price for onchain txns. If you want cheap txns, you can use 2nd layer payment channels.

If you want a network consisting of nodes run out of data centers or only in places with high bandwidth, then enjoy your paypal 2.0

>>8974324
sorry kid, if you were an early adopter you would have been given more bcash that you know what to do with, for free, in a nice little airdrop. but you keep buying.

>>8974317
t. sold his forked coins

>>8974347
>says the late adopter
heh, kiddo

>>8974345
>that fucking image

>>8974349
still got them, nice knowing my free airdrop is still more than anyone here could even afford to buy.

>>8974269
CSW has a PhD (Computer Science/Economics)

>>8974320
Yep, this is both one of the more redeeming aspects of bcash and a reason why it ISN'T Bitcoin. S2X was such a steaming pile of shit in comparison.

>>8974340
Segwit improved security against spam attacks, so they just complained about Roger and Jihan lobbying to delay necessary security features from being implemented. Guess what, when Segwit started going up in use spam immediately stopped because Jihan and Roger realised it was not economically feasible for them to keep doing it anymore. So Core was literally write in simply pointing out that Segwit would have solved the problem.
Bitcoin doesn't have blocksize anymore, it has block weight, i.e. it has improved the protocol considerably, on a fundamental level. Something mr."economic code moar block plz" would never understand because his IQ is just above 100.

>>8974361
>>8974367
:)

>>8974345
You're obviously a brainlet who is going to go down with the ship. Hope you didn't sell all of your bch

>>8974367
Literally nobody who's in the crypto space earlier than 2017 thinks Writght isn't full of shit. Whether they are BTC, ETH, Monero, Zcash developers. LITERALLY NOBODY thinks he is anything but a fraud. But you instead who can't even get through a "Matering Bitcoin" book got it all figured out and realized he is satoshi, right?

>>8974396
Yeah yeah, I member.

>>8974116
The most secure chain will win in a rational economy, but since Roger and Jihan kicked off this shitshow by forking instead if creating a stand alone coin with a different name the whole crypto economy became a dumpster fire ready to destroy billions in investment. Bcash managed to do what FUD and technical attacks couldn't do, kill the security of a blockchain by an agressive marketing campaign. It can go to the moon or die. I will not buy more. The 17btc will either be worth nothing or millions. Dont care anymore, will not sell

>>8973877
Corecucks lack the balls for it. They know their segshit chain will choke to death if they piss off Jihan

>>8974400
late adopters gravitate to the coins with the most drama and hype, because they have no chance of making the kind of returns we did. it's no surprise they bought into the whole ver/wright/jihad drama, regardless of how transparent their actions are, cognitive dissonance is incredibly powerful when money is involved.

>>8974423
>says the late adopter
anon...

>>8972450
>ywn be alone on a boat with Roger
why live

>>8974422

Corecucks don't mine. They just run their raspberry pi nodes which do nothing.

>>8974422
choke on what? bitcoin is designed to lose hashrate as much as it is designed to gain it. bcash is the one that has had constant problems since they decided to deliberately disable satoshi's original protection against minority forks so the chinks could wring out the last of their asicboost advantage.

>>8974423
If you want a barometer of newfags late to the game, just check Twitter. They overwhelmingly support TRX, XRP, and BTC. While shitting on BCH non-stop.

>>8974436
you're adorable. now run along and keep trading like every other late adopter does. that's why you're here trying to feel confident in your choice of shitcoin, right?

>>8974473
>late adopters are really trying today

>>8974373
A tx that pays the fee is not spam. It took months for segwit usage to climb even to double digit usage. That didn't solve the tx backlog - the reduction of people using BTC is what 'solved' it - yay, less usage!

Trying to blame a worldwide increase/reduction in usage on one or two people is a crackpot conspiracy theory deserving your tinfoil hat - cause obviously those people would rather throw their money into a pit than use it to further their own chosen coin, right?

SegWit indeed increase the blocksize by an insignificant amount, and does so by offloading a bunch of signature data as the new 'block weight' - so now a SegWit block on BTC uses even more bandwidth than a regular BCH block with the same number of tx in them. Wohoo, go-go SegWit inefficiencies!

>>8974491
>ladopter. short for late adopter (you)

All the shills trying to protect their "investment" is just a further prove, that the original idea of independent trustless payments is gone. All they are after is worthless dollar. Please Satoshi, just dump your stack and kill this shitshow with fire

>>8974503

According to corecucks people sending transactions over bitcoin's network is "spam"

>>8974480
just like nobody outside of a few closed communities like 4chan talks about chainlink, late adopters in different places gravitate to different things, and there's plenty of bcash desperation on twitter, much more than bitcoin when you compare actual usage/volume.

>>8974528
you are so late bro. why are u so late? psh late adopters, amirite?

>>8974499
>>8974515
aww, did hurt your feelings by calling you a late adopter? bcash really is a sjw haven.

>>8974545
>says the late adopter
bro...

>>8974373
Segwit improved security against spam attacks, so they just complained about Roger and Jihan lobbying to delay necessary security features from being implemented. Guess what, when Segwit started going up in use spam immediately stopped because Jihan and Roger realised it was not economically feasible for them to keep doing it anymore

Bwahahahahaha you're being funny, right?

>>8974400


I suppose you think his wheelbarrow full of degrees is fake too, they only thing fake is the fake bitcoin thats getting replaced

>>8974473
BCH's EDA was indeed a mess for a bit. But it was improved upon and now BCH has the new DAA which is incredibly superior to BTC's 2-week DAA. BTC is still vulnerable to a large hashrate drop, whether it's an actual coordinated attack or even a natural disaster that cuts chunks of the planet off from the internet - both cases BCH would chug along much more resiliently than BTC.


No 'protection' was removed. Bitcoin was designed to hardfork if choices couldn't be made, this was intentional.

As for ASICboost - just another false flag from Blockstream shills. It was so incredibly bad/evil when Bitmain, a BCH-supporter, were under suspicion. Now slushpool/halong mining are using asicboost and it's A-OK and endorsed by Blockstream!

>>8974613
you late comers need to do more fact checking as Roger didn't get involved in BCH till after Segwitx2 failure

>>8974651
I know, i meant to green text what that other fag was saying

>Segwit improved security against spam attacks, so they just complained about Roger and Jihan lobbying to delay necessary security features from being implemented. Guess what, when Segwit started going up in use spam immediately stopped because Jihan and Roger realised it was not economically feasible for them to keep doing it anymore

Bwahahahaha the state of core fags

>>8974420

I can respect that. Personally I would diversify that Bcash into alts with fundamental economic value, but to each their own.

Fiat pairing to alts is going to change the scope of the crypto markets. When liquidity limitations are gone, I'm betting this market is going to look nothing like what we've already seen.

>>8974400
>muh groupthink
Well, you're wrong. late 2011 here.

>>8974613
>using bitcoin for transactions is spam

>>8974503
>the reduction of people using BTC is what 'solved' it - yay, less usage!
the mempool went from 130k+ unconfirmed tx to basically cleared out in 9 days after at least 2 months of being full...
I'm sure that's just everyone randomly deciding on the same day to stop using btc.
whoever it was paid out the ass to spam if it was spam.

>>8974723
>Fiat pairing to alts is going to change the scope of the crypto markets
Yes, it will make the coin economy easily controlable with a lot less cash to risk. Shills currently seem to think calling it communism is a good idea, but when computing power starts to diversify to every alt equally, every coin becomes more vulnerable, when instead uniting behinde one chain would make it nearly impossible for outside forces to attack it. Same faith as the precious metal market.

>>8974790
Did you not look at transactions? Long before January there was a backlog in the mempool. The first time that ceiling was reached eth and others took a huge chunk out of btc dominance and it's been going down more and more since as people have learned to convert to something else to avoid fees and leadtimes. It wasn't until price cratered and the mania stopped that the transactions died down. Down to levels lower than the previous year. It was spam, it was people in mania.

>>8974345

mining nodes are already 99% datacenters due to economics. mining node centralization is far more correlated to the value of the network (BTC Price) than block size. Non-mining nodes are nothing but observers and beyond providing copies of the blockchain for download (which is unnecessary since all nodes are max a couple hops from any other therefore you will always be able to DL from a mining node) the provide no utility.

All centralization risks then exist independent of block size. Having a small block size does not prevent a wealthy entity from building a huge operation to dominate the majority of hash power. Just as having a large block size does not necessitate that an entity will build an operation large enough to jeapordize the uncensorable nature of the network. Hash power scales with the value of the network and increasing difficulty requires miners to make large capital investments in ASIC technology. The more the network grows the richer existing miners become and the more their operations expand. Small block or large the small guy is always pushed out and made irrelevant. The irony is that this in increases how uncensorable the network is (and the uncensorable feature is what gives BTC it's value and separates it from PayPal in the first place) because the big miners are incentivized to maintain balance and play by the rules as to not damage their growing investment.

>>8974812

True, but as the crypto marketcap expands into the trillions, computing resources will certainly follow. An entire industry has already been built around BTC, I'm will to bet the mining market will expand immensely when this market goes pro.

>>8974903
This is half true statements, half lies.
What I like to call "CashTalk"

>>8974931
We will see. Looking at all those simply in the game as a get rich quick scheme willing to give banks and the same groups as before again the power to further control them for some quick money is sad from a philosophical point of view. But well guess that is the plebs human nature, not able to see beyond their next meal and some shiny pearls. If Satoshi should really be an ideological entity non of the both bitcoin will survive and anyother coin will take over, or a bunch.

>>8972450
What a fucking nerd. Black shoes with white socks. Keeping it MJ

>>8972450
this but ironically

>>8974956

care to point out the lies?

>>8974790
The crypto market fell apart in mid January. No shit no one needed to make transactions anymore.

>>8974931
>computing resources will certainly follow.

It's already happening. A very large BTC mining center is being partially funded by a local government in the US. The Government donated the land and the building for free. They'll benefit from the power consumed, but the rates aren't bad. It's being done in stealth mode, but I doubt it's the only one in the US.

>>8975040

Call me jaded, but I don't believe crypto will offer the financial freedom that its earliest adopters wanted it to be. The powers are too entrenched. If the wealthy elite really wanted to they could buy and sell this market a hundred times over.

I'm just being a realist here. Crypto will not get shut down, it will be embraced. It will be adopted into the securities market and will have its own asset definition. Financial freedom is what it always will be: the ownership of resources. Those already entrenched will still own the vast majority of those resources. I believe the best we can hope for here is a significant leg up on the late comers.

Maybe I'm wrong, maybe future fiat will be based on the value of BTC or BCH. But to be honest, it just looks like a pipe dream to me.

>>8975129

Not surprised. The US wants access to this market; it is highly liquid, international, never sleeps, and emerging as a market for a new asset class never seen before.

They want those tax dollars and they'll pump the shit out of this before they let a golden goose die off.

It is a pump and dump, I am not interested in such things

>>8974870
>Long before January there was a backlog in the mempool.
the hilarious thing is the day the may/june spam started, roger was shilling bitcoin unlimited and started autistically screeching about tx count on twitter.
amazing.
also I love to look at transactions.
I check a few things every day including pic related.

>>8975128
it was already down over 50% by that time, and on those days it was basically flat.
it must have just been magic, right?
no one needed to make transactions anymore, all on the same day.

>>8975328
I don't think you understand how pnd works

Tip: Roger is an asset.

Yes, he is an 'asset'. You know what that means dont you anon.

His brief is to manoeuvre bitcoin (by making "bitcoin" mean his own project known as BCH, which is something he is very very explicitly trying to do very hard) into a technical system state where it can be mechanically captured by state interests via legal/political means in the same way the DNS system was, for example. Remember how those "This website has been seized by the US Department of Justice/Immigration and Customs Enforcement" domain confiscations just started happening to sites worldwide out of nowhere one day a few years ago, after 30 years of the DNS system existing more or less unmolested? Yeah, like that, because DNS is decentralised but NOT distributed, it is hierarchical in the same way BCH mining aims to be, with everyone else just running light nodes. Isnt that a funny coincidence.

The miners would be analogous to the root DNS zone servers and ICANN which controls their contents, whom the US govt go to and legally compel the seizures from. One day decades after youve lambo'd, your assets on every address the govt thinks you own can be frozen worldwide website seizure style via legal compulsion of miners, who have warehouses full of hardware to forfeit to the state if they fail to comply, because you forgot to pay your taxes on that stash back in the 2010s.

The technicals matter anon, you cant just handwave this shit away because you dont really understand it.

>>8972646
Nobody accepts bitcoin cash, couldnt even double spend it

It sucks seeing this pump so hard and not holding any of it but Ver is just too big a douchebag.

>>8976458
>. One day decades after youve lambo'd, your assets on every address the govt thinks you own can be frozen worldwide website seizure style via legal compulsion of miners, who have warehouses full of hardware to forfeit to the state if they fail to comply, because you forgot to pay your taxes on that stash back in the 2010s.

That sounds like a huge advantage for PoS systems then. No need to have warehouses when a regular computer can compute the transactions.

>>8976458

>The privately funded corporation (blockstream) that wants everyone to run easy to sybil nodes in a giant distributed mesh is the good guy.
>(Blockstream is funded by Digital Currency Group btw, which also funds VISA)
>The man who wants corporate entities to compete for better and better security via a small world graph is the bad guy. Despite small world graph being extremely resilient to DDOS and sybil via economic incentives
>Meanwhile in lightning network knocking out a central hub via DDOS cripples the network because of routing issues
You're either a shill or profoundly stupid

>>8976504
>imagine missing 1000x coin because you didn't like a spokesperson involved in promotion

>>8972450

hope we continue with another 17% climb tomorrow

>>8976597
Blockstream being bad doesn't mean Roger is good, they could both be bad. He just seems extremely shady to me.

This idiot. I hope he drowns in a fire.

>>8976673

Roger is irrelevant to the model of bitcoin. And as far as I know he's not even a developer. Does it matter what Roger says? no, no it doesn't.

>>8976626
It's not going to 1000x you fucking dumbshit. But yes I agree, I'm a brainlet. I hold enough of other things, however, so hopefully one of them pay off.

roger ver spends his days at conferences pumping bcash and his nights balls deep pumping into jap pussy. this is the kind of guy to invest in. not faggots like vitalik and the low-self-esteem betas like charlie lee and serGAY

>>8976695
spoken like a true jealous beta

>>8976750

nigga i've got 40 bch shut yo mouth

Brian Kelly claimed the M1 market that Cash is going after is 2 trillion dollars - you do the math

I meant 200 trillion

>>8976508

Go PoS if you like, whatever, it sounds like you understand the importance of a distributed system either way.

>>8976597

My first ever personal reply from a nchain shill, this is exciting, i must have hit on some truth eh.

You cannot sybil economic activity of end users, consumers, actual people, transacting through their own nodes, shill. We are not talking about 1200 nodes running out of the same AWS account a la Bitcoin Classic here.

If you think you can, perhaps you ask you line mananger about the circumstances surrounded the miners wholesale capitulation, despite apparent 95% plus signalling in support, to the will of the node running users during the events of the aborted s2x initiative and the no2X pushback. If they havent briefed you about that incident yet then they havent given you the tools to do your job properly.

>>8976900
>will of the node running users

nigga, node running users can't stop people from forking the chain. I have no clue what the fuck you are even talking about. how can a non-mining node even express dissent? What the fuck do you even do?

>>8976900
>everyone who disagrees with me is a paid shill
>goes on to be completely wrong about sybil attack vectors

Neck yourself faggot

>>8977024

reject invalid blocks, autoban nodes that keep sending such blocks.

such as blocks produced by miners who started producing them to bcash specifications at the aug1 fork block, bifurcating the network automatically and kicking the idiots out into their own remnant network instead.

>>8977145
>reject invalid blocks
>autoban nodes

That's like saying you "reject" wikipedia article changes by editing them in your browser with inspect element

>>8972450
Unless you call it bcash, then he going to rage quit LOL Fking pussy

>>8977177

consumer mindset :)

keep doing you

>>8976458
>>8976900
>>8977145
>>8977200

ok, i believe you. so what is the best course of action?

Say no to nChain!

>>8972450
hes got to be an autist. Mild ass burhgers at least.

I hope everyone on /BIZ/ is a Bitcoin Maximalist like Tone VAYS. Watch his excellent videos if you ever doubt how simply amazing Bitcoin IS!!!!!!

You guys really need to get out of ALTCOINS! ESPECIALLY BTRASH. If everyone sells their filthy altcoins LIKE BCASH!!! we could push BTCCOIN up to 1 million dollars a coin??!

>>8977581

Just run a full node, and preferably transact though it. Think of it as trading in gold, where you have your own personal assayer at your beck and call.

Monetary sovereignty can be yours. You dont have to riot. You dont have to topple a government. You dont have to kill anyone.

You just have to run the node.

It’s a pnd

>>8976458

the miners will be outside the usa for the most part and the same thing would apply to btc.

>>8977145

you only do those things for yourself, you have literally no affect on the network outside of your machine

>>8978157

sigh, all you are doing is observing the network. You have no say in the consensus so what is even the point? What affect does you running that node have on the centralization level of the network?

Nothing you do can't be done better by just using a block explorer

>>8978264
>>8978322

what is "the network" do you think? you think its like "the cloud"? Ie some fat server somewhere?

You dont get it, at all, i know you dont. Run an a node and you are the network, interlocking with everyone else running a node.


and thus https://en.wikipedia.org/wiki/Herd_immunity

We will not be gaslit into thinking this doesnt work, not when we saw the well funded, well back and well propagandised s2x initiative fall on its arse for the sole reason of bip148 nodes threatening miners with economic ruination if they went through with it.

We node runners will not be smooth talked into unilaterally disarming against miners, as if we were that stupid.

bcashers with their "you dont even affect the network with your node" are the metaphorical gun grabbers of crypto.

>>8978375

>node runners
>protecting the world against miners
>complete and utter corecuck

Please kill yourself, you're not going to make it. Bitcoin Cash is the real Bitcoin and your fucking non-mining node is pointless and worthless.

>>8973120
BCH isn't a replacement of BTC, it's a version of Bitcoin.

BCH is version A.
BTC is version B.

each have their own idea of the direction of Bitcoin, may the most popular fork win.

>>8978542

False equivalency liar.

bcash is simply the most pernicious altcoin ever created, riding bitcoins mindspace and even copypasting its blockchain.

I wish you guys would just fork off and compete in the market as a separate entity. But that was never the intention.

Slimy shit all around.

>>8978710

Bcore isn't even Bitcoin, fuck off shill noone believes your fucking blatant lies.

Bitcoin Cash is quite literally follows the definition of Bitcoin, peer-to-peer electronic cash.

Bcore is a fucking altcoin controlled by some fucking bankster kikes at Blockstream/AXA/Mastercard.

>>8978769

youre right, "bcore" isnt bitcoin. Bitcoin is bitcoin, and Bitcoin Core is the software that implements it :)

dumbass shill, dont even know how your boy rog deliberately conflates the node software with the coin to confuse people, even leaves his own minions floundering in public with incongruous terminology because not even you know how he played you and filled your heads with easily picked apart fallacy, and your mouths with just phallus.

>>8978710
how do you think every update works on bitcoin? a hard fork is always created.

BCH and BTC is equal in terms of being bitcoin. only time will tell which one is the TRUE bitcoin, one of the forks will die off eventually. be it 2 years, 10 years or 500 years.

>>8979218

Bitcoin DOESNT get 'updated' almost ever. That is its strength, its a known quantity and the barrier to altering it is sky high. Its only happened in emergency situations such as a non-deterministic chain split.

Not even segwit, the biggest extension to bitcoin to date, was a hard fork, a non segwit node can still follow the same chain while ignoring segwit txns, so youre just lying to the crowd here.

Contrast with bcash which ridiculously has a centrally enforced 6 month hardfork cycle. What will owning bch even mean in the next 6 months, who knows, ask roger i guess :^).

This policy is firmly in shitcoin territory.

in case im not being clear, you can shove your false equivalency gambit. Heres what youre trying to do:

Bitcoin (BTC)>
Bitcoin vs "Bitcoin Cash" > Bitcoin Core vs "Bitcoin Cash">
Bitcoin vs Bitcoin Core>
Bitcoin (BCH)

You must think we are fucking rubes who cant see this gambit. This is why you will always get the bcash thrown at you.

Slimy, snaky business.

>>8979329
>a non segwit node can still follow the same chain while ignoring segwit txns,

wait, then how can those people validate every transaction on their full node?

>>8979329
>That is its strength
no, that's a flaw. this is why developers feel bitcoin have stagnated.

ETH was spawned because of bitcoins refusal to update and implement smart contracts. BCH was spawned because of bitcoins refusal to update and change their max block size.

there's been many developers that want to do stuff with bitcoin, take it further, but they get slapped in the face.

if BTC had just changed the max block size to 2 mb there would never have been a BCH and lightning could have been developed for another 5 years instead of being rushed out like this and causing total embarrassment and damaging BTC

thinking that no updates (no hard forks) = good is not thinking properly

>>8979432
>BCH was spawned because of bitcoins refusal to update and change their max block size.
>lies
>the real reason bitchcoin trash was hard forked
>https://medium.com/@WhalePanda/asicboost-the-reason-why-bitmain-blocked-segwit-901fd346ee9f

have you seen the devs speaking at Satoshi's Vision? its a bitcoin cash conference

i havent seen such excitement in crypto space for years. they all seemed so happy to finally be allowed to do something with bitcoin again.

not being afraid to hard fork (releasing updates) is why bitcoin cash will win in the long run

it's NOT TOO LATE for btc to get their shit together and do something about this though. all they need to do is to increase the blocks from 1 to 2 mb and it takes away a lot of power from BCH. mostly because people will see that it's actually willing to evolve... i doubt it will happen though so thats why my money is on BCH.

>>8979451
people would be more willing to take you seriously if you write something else than just "lies" and proceed to call something trash

>>8979472

or they could just read the link I posted about bitmain and asicboost. Funny how history repeats itself. Monero Classic is being formed because of bitmain's "edge" aka attack.

>>8979500
conspiracy theories aside it doesn't even matter if a company took advantage of the BCH launch.

but maybe you can sum up the article nicely for me instead of expecting me to read a very lengthy article? just greentext the gist of it in a couple of rows.

>>8979456

>>8979456

Kek
> muh satoshi's vision
> muh decentralized
> muh it's Bitcoin Cash not Bcash

1 TB blocks (Decentralized, satoshi vision, TOP KEK)
Copy/paste the bitcoin core code
Using an exploit to mine it
Random block size
About mining maybe ? a LOT of the hashrate comes from alibaba servers ... "decentralized" you say ? fucking kek

>>8979588

lmao, this cuck doesn't understand how mining works.

>>8979588
Do you know that the same miners own the same hashrate in BTC and BCH? BTC is highly centralized the same way. In CHINA.

>>8979588
>image
dunno why he agreed to that debate, roger basically ripped him apart

that greentext in the image should read "shit, what the fuck am i going to respond to this"

>>8979533
>Due to a design oversight the Bitcoin proof of work function has a potential attack which can allow an attacking miner to save up-to 30% of their energy costs.

>Bitmain took out a Chinese patent on ASICboost with no credit to the actual inverntors.

>Bitmain had an advantage to keep things as it is. ASICBoost is not compatible with Segwit.

>Mining is a small profit margin business, if 1 company can boost its profits by 30% that is significant and get up to an extra $100 million per year.

>>8979432
stuffing the chain with frippery shit and harming decentralised rule alteration resistance is not an 'upgrade', shill. I see your strategic use of language, i call it out for everyone to see and reject it.

Take that shit to a sidechain, or some other method of base chain anchored scaling.

Case in point, opentimestamps.org, smartly fitting an unlimited amount of document notary in a single btc txn with merkle hash roots vs shit like that new memo thing on bcash which just straight fucking encodes it per txn and relies on a bloated chain to pick up the slack.

>>8979404
by upgrading to segwit aware nod software if theyd like. Its recommended that they do.

Wow dogpilling cashews with no arguments. I guess I just finally sell that free shitcoin and keep holding a symbolic 0.000001 bcash

Bcash is the new LINK with worse menes

>>8979432
>lightning could have been developed for another 5 years instead of being rushed out like this and causing total embarrassment and damaging BTC

Missed this, what the fuck is this lmao. LIGHTNING 18 MONTHS LOL, but now its 'rushed'? Pure narrative. I hope roger is going broke cutting your checks.

screenshot me and take me back to r/btc already, you dont belong on 4chan.

>Further, it is argued that Segregated Witness would, as a bi-product of its code, make this specific technique obsolete.

>Should this be correct, and should the mining chip maker be implementing the chip widely, it's argued that they may have a business interest in blocking the software.

>For mining firms, which produce mining chips on a massive scale, the pace of technological innovation renders hardware obsolete within a period of months. It is argued that such a recall could be potentially devastating,


https://www.coindesk.com/bitcoins-new-controversy-asicboost-allegations-explained/

>>8979750

https://digital.di.se/artikel/knc-miner-grundaren-kina-har-fordelar-som-vi-inte-kanner-till

>"We have tried to calculate the amount of money that the Chinese have invested in mining, we estimate it to be in the hundreds of millions of dollars. Even with free electricity we cannot see how they will ever get this money back. Either they don't know what they are doing, but that is not very likely at this scale or they have some secret advantage that we don't know about."

KNCMiner went bankrupt.

Bitmain inexplicably blocking segwit singlehandedly for a ~year was always about preserving their covert asicboost. They figured it out before anyone else. We knew about asicboost, and segwit, but greg maxwell had to put the pieces together before anyone realised why Bitmain were doing it.

And the bcash fork being announced and executed at BREAKNECK speed after the bitcoin community copped onto Bitmains game and forced their hand, forking the chain just before segwit locked in for activation in fact, was also always about preserving asicboost and being able to squeeze out competition with patented mining exploits, and for Bitmain it still is. For roger, i think just his fucking ego demands he pull shit like this to feel like a big player.

This is what you dont get, bcash is a handful of mens' ejection seat from a ride that is slipping out of their personal control in a way they hate.

But now anyway, either Bitmain conforms to the new asicboost defensive patent pool spearheaded by halong mining, or they get economically bled out of bitcoin mining by the exact same exploit they used to fuck everyone else over for so long and theyl be reduced to producing hardware for shitcoins only.

Its fucking poetic.

The text posted have been read and consumed. Will process. Cheers!

>>8979904
quite possibly the smartest post I've ever read in one of these BitCH breads.

>>8974386
>i had lassangne today
wow... truly a genius...

>>8974623
> As for ASICboost - just another false flag from Blockstream shills. It was so incredibly bad/evil when Bitmain, a BCH-supporter, were under suspicion. Now slushpool/halong mining are using asicboost and it's A-OK and endorsed by Blockstream!
BTC is the first coin in history backed by propaganda (USD is backed by the marines).

>>8974386
I hope that conman gets what he deserves and extradited back to Austria.

>>8979904

What a load of fucking garbage.

Bitmain was one of many miners blocking segshit for obvious reasons, it's a piece of shit designed to remove miners from the equation over the long term.

BITCOIN (CASH) forked before segshit destroyed the Bitcoin blockchain, thus preserving the original blockchain unbroken since the genesis block.

>>8972603
KEK

>>8980176
Bring him, my .303 waits for him

>>8972603
But the miners aren't going to attack it - why would they? And I thought Corecucks hate miners because they're attacking the network and hurting your precious digital gold...

How does Core even stand a chance?

HAHAHAHA
This is beatiful.
The tears will be real once BCH>BTC.

>>8972450
No.