/biz/ - Business & Finance

Hello my name is Roger Ver and I'm here to talk about BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM BLOCKSTREAM

>>9811786
Use that reverse psychology on my cat.

>>9811776
Can someone please make a coherent argument on why they actually support Blockstream and BTC? Do you really trust deceitful goblins that have blatantly used censorship? Do you really think they are doing anything other than destroying Bitcoin so they can sell their sidechains?

PLEASE explain how you can support them when they so blatantly censor. I have NEVER seen anyone on this board even argue against it yet they still act like lemmings and support them.

>>9811813
The censorship is really fucked up. I mean cmon the #1 crypto has a sub that's censored like some ico scam? I'd rather see BCH succeed. It kinda feels like hillary vs trump.

>>9811813
You're really falling for your memes... in reality they don't care about Bitcoin "succeeding" for the purpose it was created for, they just want it to appreciate as much as possible thanks to all the "good news" so they could sell it back for more fiat later. It can't be explained any simpler than that.

>>9811853
You just made me realize why BTC supporters tend to be much more socialist than people who support BCH. They have such little trust in the free market that they are willing to throw their money into useless shitcoins that rely on censorship and lies in order to retain value.

>>9811776
Please read the comments below the video. There's a really great comment rebutting much of what the video discusses. We'll see which coin survives or if both do.

https://imgur.com/I2Rt4fQ

>>9811876
whats the Y axis measure

>>9811938
It's all relative, productivity, hourly compensation and hourly wage.

>>9811951
they didnt teach this in econ

>>9811813

People are stupid, extremely stupid. Having said that, /biz/ is starting to wake up and so are parts of the general crypto community. A thread on /r/cryptocurrency about this video actually made it to the front page as opposed to being voted down to oblivion as usual.

Give it another 6 months and we'll see a massive revaluation of Bitcoin (BCH) and a further devaluation of kikecoin (BTC)

>>9811965
I think that's only because the crowd in /biz/ and r/cryptocurrency only cares about gains, and BTC doesn't seem promising - even the most optimistic "hodler" won't argue it'll be as useful in 2 years as BCH is useful RIGHT NOW.

>>9811776
that tv literally scares the shit outta me

>>9811813
Blockstream compromised BTC so you are right that it no longer serves the people. BCH is just as bad though. Both are complete shit.

>>9811965
mods

>>9812028
Hurr.
BCH has insane amounts of adoption and startups. EOY corecucks and altcucks will pretend to have been in BCH since the fork.

>>9811876
>>9811965
Btrash is not good either. If Btrash gets massive adoption, btrash dev needs to increase their blocksize up to 500mb. It gets harder to mine and leads to centralization and monopoly of miners.

>>9812395
No miner cares about needing to have 5mb/s or whatever internet speed. They spend thousands on electricity alone each month with just a few miners, a little bit extra bandwidth for a lot more transaction fees is nothing. In fact, the loss of adoption and market share already has lead to massive losses in mining because miners have less reasons to - well, mine.

>>9812413
I'm talking about the blocksize if ever btrash wants a massive adoption. Yes, the transactions get faster but the trade-off is it will be harder to mine and weeds out small miners.

>>9812455
Yes, and I just refuted that because as I said no miner cares about the small cost of adding transactions and because a loss in adoption means a loss in incentive to mine.

>>9812028
this is more or less the rational outlook
BTC and BCH aren't equally bad but they're both fundamentally flawed

>>9812476
You don't understand. Increasing the blocksize means centralization. There's a reason why Roger Ver made a partnership with the largest asic mining company which is Bitmain. They want a monopoly in the mining industry. It's dangerous, centralization is not Satoshi Nakamoto's true vision.

>>9812561
Why are you trolling? I was so polite with you. Satoshi blatantly said a million times to increase the blocksize... I don't get why people shitpost like this

>>9812395
I could set up a storage array with hundreds of TB for a couple thousand a month. Chump change for a serious miner.

>>9812577
No, he didn't recommend increasing the blocksize. Read the whitepaper.

>>9812561
A market-determined block size is what allows for competition among miners. The Core ideology is a Marxist scam. You fucking numbskulls ruin and impoverish countries with your economically illiterate bullshit, and now you've all but ruined bitcoin. Who knows how many years before Bitcoin (BCH) regains its dominance.

>>9812742
>>9812627
Anon don't fall for bait. He's basically admitted it and is shit-stirring now. I think it's just to bump the thread and false-flag honestly.

>>9812742
Blocksize is not determined by the market you dumb tech illiterate cunt. Read a book and fuck off.

>>9812395
Mining can't be any more centralized than it's now or it'll be a constant 51% attack so you're talking about a completely imaginary world as handed out to you courtesy of the Blockstream PR team.
https://i.imgur.com/I2Rt4fQ.gif

>>9812627
>>9812827
t. kikestream shill.

>>9812561
I've been around since the start and I find it nothing but short of astounding how effective the BS brainwashing campaign is - somehow they took the very thing which is part and soul of Bitcoin which gives it value and helps it become uncensorable and turned it into and attack!

>>9812953
>>9812982

>>9812953
You mad cashie?>>9812982

>>9812991
>>9813023
Nice to see that we're still relevant for Blockstream to send their pajeets here.

>>9811776
>He believes in the Blockstream conspiracy

>>9812827
>Blocksize is not determined by the market
>block size didn't grow out of necessity to support more transcations