/biz/ - Business & Finance

>>8986583

Bitcoin Core claims copyright over the use of name 'bitcoin' and bcash cucks are forced to remove 'bitcoin' from name and value drops 99% over night.

J U S T E D

>Corecuck's face right now as he realizes his shitty digital gold is soon to be worthless

>>8986583
Yellow logo

>>8986609
Until that day, x10 on bch

>>8986609
Does bitcoin accually have copyright to the name?

>>8986583
I love visa and paying 15 people to process my transaction, that's why I love core

>>8986658
lol, of course not. its just delusions of brainwashed r/bitcoin cucks

>>8986583
It's pronounced "bcash"
Roger Ver said it

>>8986609
I don't think you're familiar with the concepts of forks and IP. BCore doesn't "own" the name bitcoin, it's not a trade mark. BCore is just as a fork as BCash if not more since it's moving to a 2nd layer in an uncharted territory and a risky one if I dare say.

>>8986609
except the names attached to coins are arbitrary, as an exchange you can change bitcoin to bitcoin core and bitcoin cash to bitcoin

>>8986583
Good thing they have those big blocks to process those 15 transactions a day it needs to process.

Also bitmain and bitcoin.com bullshit, you will never convince people this is about the tech .

>>8986583
Because anyone can make a fork of Bitcoin with slight modifications to make it better. The value comes from us all agreeing to stick to one system. You guys tried to change that system, and you failed. You can keep trying, but it's not going to happen honey. Sorry!

>open source
>copyright

>>8986694
That would be a gigantic shitshow. Not every exchange switch at the same time and the uncertainty would hurt both BTC and BCH.

>>8986583
You own both. While the many forks that followed after BCH are scammy, you can argue that BCH has a legitimate case for their fork. BTC is trying to be a store of value, which of any crypto out there BTC has by far the best shot at succeeding with this concept.

>>8986699
>
Good thing they have those big blocks to process those 15 transactions a day it needs to process
R E K T
E
K
T

>>8986726
> The value comes from us all agreeing to stick to one system. You guys tried to change that system, and you failed.
Your avoiding all the hard questions, like the fact r/bitcoin and the majority of people buying BTC have absolutely no fucking clue what Bitcoin is and how it works, so by quoting the price you're not proving anything technically, only that it has demand. You could argue just as well XVG/LTC/ETH/XRP is the true coin which is valuable digital gold just because people are buying it. Just because BCore is popular NOW doesn't mean it'll stay so.

>>8986583
this image just reminds me that i once paid about 70 bucks for a 128mb flash drive
fuck moores law

>>8986924
How about bcash vs ETH? All I ever see are bcash vs btc comparisons.

>>8986694
>except the names attached to coins are arbitrary
Explain why BCH supporters thrown a tantrum about it being called "bcash" then? Clearly the names are not as arbitrary and meaningless as you say.

if every other bitcoin fork before and after bitcoin cash fork is scammy, what makes bitcoin cash not scammy?

the bitcoin cash fork only happened after segwit rendered bitmain's 30% hashrate "advantage" attack, dubbed ASICboost, useless. W/O ASICboost, bitmain stands to loose over 90 million dollars a year.That is a fact that you can research for yourself.

history repeats itself with bitmain when they fork Monero to Monero Classic in order to keep their proprietary cryptonight asic mining "edge"

moral of story, bitmain owns bitcoin cash and monero classic only because the old chain's algos give them an exclusive asic mining advantage.

Ver spewing his hot garbage all over the place about big blocks and adoption in shithole countries is just a sideshow attraction distraction designed to keep you from knowing the dirty truth about bitmains full on attacks on the bitcoin network hash.

>>8987515

There's literally nothing wrong with using ASICs

>>8987094
https://bitinfocharts.com/comparison/transactionfees-transactions-eth-bch.html
here's one, you just need to search em, use your brain brainlet

>>8986658
there's nothing called copyright on open source products, especially not when the creator isn't even known

core cucks cant claim shit

>>8987515
Do you think that software changes to specific destroy millions of investment in the network infrastructure is a good idea or a bad idea and why?
Also will this incentive more investment in btc hashing performance?

BCASH SHILLS OH MY GOD. BTRASH IS SUCH SHIT FUCK VER VUCK WRIGHT FAKE SATOSHI GOD I HATE BCASHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH h

>>8987094
that't the bcash marketing scam at work. pretend to be bitcoin, bitcoin.com, r/btc, fake satoshi, threats and all marketing materials are directed at bitcoin bevause they desperately need normies to forget about superior gen 2 and gen 3 crypto.

Lightning Network will provide much cheaper and faster transactions that is only possible with segwit. It also helps break up the effective mining monopoly that Bitmain has.

>>8987677
this is a loaded q and you know it. my answer is Yes, under certain circumstances.

If a software has a zero day vulnerability that when exploited, malicious actors can monopolize on a 30% "edge" over the unsuspecting rest of the software userbase, you're fucking A right I expect a new release that will patch the exploit. Microsoft does it all of the time. practically every month.

any business venture is a risk. plain and simple. bitmain investing millions of dollars on a zero day vulnerability is a terrible way to manage that risk.

forking bitcoin to create an instrument that is able to utilize that well invested into exploit is kind of smart. trying to pass it off as the original is just sad.

BCASH BCASH BCASH
AHHHHHHHHHHHHHHH
KEEP SAYING IT UNTIL
YOU GET IT
TRUST THE GROUP
DONT THINK FOR YOURSELF
BCASH IS FUCKING TRASH

>>8986699
>you will never convince people this is about the tech

Literally why I switched to BCH.

>>8986583
When even Jihan says it's time to stop pretending that Bcash is bitcoin, you know you're a fucking idiot.

>>8986786
BCH is the only one without Segwit, so yea everyone single one after is retarded shit that will never go anywhere.

>>8987094
BCH is coming after ETH too. Its just not at the forefront of the conversation.

>>8987515
>making mining more efficient is a bad thing

>>8988257
>bitcoin cash is the REAL ethereum

>>8986583
kys pajeet

>>8986583
using 8 floppy disks instead of one doesn't solve shit in the long term.
Segwit+schnorr signatures+ LN on the other hand is more like a usb.

>>8988279
it was only "more efficient" to the fuckers at bitmain. to everyone else who mined legit it was a network hashrate attack plain and simple.

>>8988305
This is like saying EOS is the real ethereum. Its just a different platform.

>>8988324
The miners are available on the market and they aren't the only people in the miner /biz/.

>>8988152

>>8987515
This. Bcash is a chinese scam with marketing that appeals to conspiracy-believing types. Kind of hilarious how badly cashies fell for the psyop

It will replace old-world money stuffed bitcoin riding on the Real Bitcoin's Legacy(before old-money decided they wanted to make FED2.0 out of it) as soon as most people realize the only ones who support bitcoin as it is today are people who have been duped by the same people bitcoin was made to replace.

>>8988542

>>8987515
You also notice that cashies love attacking 'segwit' without actually knowing what it is. They are conditioned to repeat talking points that benefit Bitmain and noone else.

>>8986583
>a single reason
The amount of targeted shilling proofs that noone has interesst in it.

>>8988630
Removes digital signatures from transactions to make more room on the block. Its the most retarded shit in existence and arguably not even a blockchain, as a blockchain is sequence of digitally signed transactions.

explain to me how any of these are better than LTC? You can't. Fuckin check. mate.

>>8988257
>>8988305
Bean cash is the real Bitcoin cash

>>8986924

The funny thing is, i believe that youre posting these threads for free, out of a sense of duty or 'truth' or whatever. Working for free for a guy who is known for paying people to repeat his opinions, just because he managed to emotionalise a technical argument in your head with shit like DEAD BABIES lol.

What a rube youre being friend. Youre selling yourself short, demand recompense. He can afford it.

>>8988423
>The miners are available on the market
which ones are you referring to? perhaps both?

we know bitmain was exploiting the ASICboost attack WAY before they released their ASICboost capable machines. It wasn't until SegWit was enabled and cash was created did they market these machines.

SAME tactic, same company different coin. Monero. We know that bitmain was secretly mining Monero with cryptonight capable ASIC machines. It wasn't until the Monero sanctioned hard fork to resist ASICs is when bitmain showed their hand and marketed their cryptonight capable ASIC mining machines (they even included a disclaimer saying the Monero fork will render the machines useless for Monero. Then, out of thin air (((they))) forked Monero to Monero Classic to keep the cryptonight capable ASIC machine meme going.

I don't care what you spend your money on... just know the truth and speak the truth.

Why use either? both are utter trash

>>8986583
How about starting by looking at the main promoters of it? All scammers and con artists in it for themselves. And let's not forget fakesatoshi, who is proved wrong and called out constantly. If you're gullible enough to think bcash is built on the right principles then you're going to get a very rude awakening, and pretty soon.

>>8988898
>Hurr everyone's dumb except me
If you don't have the mental faculties to see Bcash is a cancer on the crypto community then you need to let adults do the talking.

>>8987515

This is correct.

I was there, i saw the general realisation that if a miner were, say, reliant upon a covert form of asicboost to push everyone else out and form a near mining monopoly (sound familiar?), then segwit would inadvertently obviate that advantage, and then i saw the community reaction to get segwit implemented asap, then i saw bcash get created VERY QUICKLY after that with one initial prime difference: no segwit. It forked like the day before segwit was locked in on the bitcoin chain iirc.

Things that make you go hmmmm..........

>>8988978
notice how all the cashies vacate the threads as soon as the bitmain ASICboost truth comes out.

they don't have anything to counter the truth.

>>8988965
>Give me a single reason to prefer BTC over BCH.
You've made 5 posts in this thread, but have yet to answer this simple question that OP asked.
Because you cannot.
Stay poor.

>>8986666
Checked

>>8989120
See
>>8988978

>>8986583
No thanks, I'd prefer a pajeet to keep bcash

I love bitcoin cash and don't care what bcore camp says, all lies and misinformation. They don't like or support the miners and only support people with those raspberry pi thingies that think they are contributing to the network.

>>8989522

>>8986942
Oldfag here. I remember when 1gb hdd were over $1000

>>8987904
Kek

>>8989522
lol.
>all lies and misinformaton

>>8989914
>>8986942
That's interesting, Moore's law is a common talking point from big block cashies.

Do you also remember how much a 150TB hdd costs? (spoiler: they don't exist)
Because that's what you'd need to store the transaction volume of VISA onchain after just ONE YEAR

>>8990175
That's because Moore's law is coming to an end and other scaling solutions beyond "hurrr just increasemf block size hurrr" are needed, something cashies conveniently forget to mention

>>8990175
Why do you need to store every transaction on a single hdd instead of an array of them? I don't get it. Hell you could store your unpruned blockchain on friggin tape if you want and keep the much smaller pruned blockchain on disks.

>>8990175
160tb of space costs literally fuck all like. Its less than buying a single fucking basic, kill yourself with your low tier fud.

>>8990234
Even if Moore's law ended today you can get a $4000 computer that can do gigabyte blocks and just pop it into your home server room.

>>8990337
Fuck all, kike*. Asics cost*

i haven't been here since 2015

why did bch adopt so quickly, is it because they gave free shekels to btc owners?
would btc be worth double if bch didn't exist?

did other shitcoins try this forking gimmick successfully yet?

>>8990443

Bitcoin cash is everything bitcoin was supposed to be. It's the new top dog. Better get on before it rockets to the moon

>>8990467
thanks for your opinion but i wasn't interested in that

Fucking pajeets.

>>8986583
>Give me a single reason to prefer BTC over BCH.

Bitcoin isn't a fork. Is there any chance the Internet of Money will not be an original coin? To me, forks imply creative deficiencies.

*shitcoin copies bitcoin and changes a minor thing*

it's the next big thing!!

>>8990467
>Better get on before it rockets to the moon
I'll just leave this here

>>8990443
Here's the quick rundown:
The biggest bitcoin hardware producer/mining company (they do both) had a patent on a hardware approach that gave them a massive advantage over other miners and would eventually lead to them dominating mining entirely. There was an upgrade to the Bitcoin protocol which nullified this (segwit), and it was successfully adopted last year.
The company didn't like this and launched the Bitcoin cash (BCH) fork to maintain their advantage there.
Being very rich (billions in profit) they were able to afford a MASSIVE astroturfing campaign. Craig Wright and John Macafee are career con men so they jumped on board. IDK wtf Roger Ver is getting out of this but he's involved too, I don't get the impression he understands much about tech or game theory.

>>8986583
BTC is not constantly astroturfing the 100 real people on 4chan and shilling them bags

>>8990948
ah shit i could have dumped it for 2.5k
guess 900 will do

>>8991162
Free money is free money

>>8986583
I ask myself this question every day.

I'm slowly, mindlessly becoming a sheep. Things are so easy for me nowadays. I'm lazier. Technology has made it super comfortable for me not to think and just autopilot. Passively viewing tumblr, twitter, news, facebook, sitcoms, youtube trolls.

My mind is corrupted. Hooked up to the toxic, overwhelming influence of social media, app games, mcdonalds, massage chairs by the asians at the mall, and much more mindless, vegetative "activities" in which I indulge on a daily routine until my mental state is just a soup of memes and buzzwords, unable to conjure a correctly processed train of thought.

>>8988557
>conspiracy-believing types
This is exactly how to describe someone I know who supports bch. He truthfully believes aliens "greys" are running around on earth..

>>8986583
No association with that conartist faggot Roger Ver

>>8991248
It's only going to get worse over time.
Ted Kaczynski was right.

core coin is ok if you dont mind wearing something like one of these to keep your lightning channel open all the time so you don't lose funds