/biz/ - Business & Finance

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Anonymous Thu Aug 16 08:54:27 2018 No.10717387 [Reply] [Original]

Let's be clear.... I was all for increasing the block size before the fork.
But the fork was a fucking mistake. Satoshi wanted the developers to look for consensus, not launching a power struggle with a bunch of autist. So that's why BCH is not fulfilling Satoshi vision.
BCH will die and eventually will be implemented into Bitcoin core, it's inevitable.

Anonymous Thu Aug 16 09:04:07 2018 No.10717472

The fork is part of the plan
Core doesnt have any power to make miners choose their implementation
The collapse of btc into bch will be a monument to economic principles outlined in the whitepaper
It will be an inescapable education
All the while making those on the side of peer to peer cash more powerful

Anonymous Thu Aug 16 09:04:20 2018 No.10717475

>Satoshi wanted the developers to look for consensus
Where this says?

Consensus has been a ruse. There was plenty of consensus for a 2MB block size increase, until Adam Back and co flew to China and made miners sign an agreement to only run Core for the forseeable future.

"Sign this piece of paper promising you will only run software by Core and no competing client"

Anonymous Thu Aug 16 09:10:05 2018 No.10717532
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https://en.bitcoin.it/wiki/Block_size_limit_controversy#Entities_positions

There was overwhelming support for bigger blocks until Blockstream secured funding from Bilderberg.

Anonymous Thu Aug 16 09:11:24 2018 No.10717545
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>>10717387
the fork was not only NOT a mistake, it was necessary.

think about it, blockstream could block satoshi's own commits to bitcoin. they have complete power over BTC, anything that doesn't align with the company vision won't get merged with the master branch.

forking into competing versions of bitcoin when there is a dispute is the intended way to develop bitcoin. you vote which one you think is the real bitcoin by usage. bitcoin isn't a brand, it's an idea.

>>	Anonymous Thu Aug 16 09:12:27 2018 No.10717554 >>10717545 This is a myth miners dont have to use core

Anonymous Thu Aug 16 09:13:09 2018 No.10717565
File: 244 KB, 1529x830, bcashisnotbitcoin.png [View same] [iqdb] [saucenao] [google]

>>10717472
But the whales do, which dictate the price, and hashrate follows price.

Hint: All the big whales are in BTC, not shitcoins.

>inb4 Broke Ver, CSW and co have more money than BTC whales
>inb4 you have no fucking clue who BTC whales are

>>	Anonymous Thu Aug 16 09:14:41 2018 No.10717580 >>10717554 This. In the end the miners have the power. There was no need for a hard fork. If bitcoin cash developers were less arrogant they would have try to convince the miners and if they fail just wait and try another time.

>>	Anonymous Thu Aug 16 09:15:30 2018 No.10717585 >>10717565 btc-legacy people are always USD maximalists

>>	Anonymous Thu Aug 16 09:15:58 2018 No.10717588 File: 85 KB, 1200x438, DbyqFPKVAAA851f.jpg [View same] [iqdb] [saucenao] [google] >>10717565 So when it has the longest chain you would consider it bitcoin?

>>	Anonymous Thu Aug 16 09:17:14 2018 No.10717602 >>10717565 Miners choose, nobody else. Btc is now a ponzi Jihan has over 1 million bch and only 22k btc. The biggest btc miner is incentivised to let btc die

Anonymous Thu Aug 16 09:17:27 2018 No.10717605
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>>10717554
>>10717580
i don't know how you're reasoning. so miners made their choice and followed their own vision with bitcoin cash.

you're literally now saying that bitcoin cash has every right to exist

Anonymous Thu Aug 16 09:17:27 2018 No.10717606

>>10717475
>Consensus has been a ruse. There was plenty of consensus for a 2MB block size increase, until Adam Back and co flew to China and made miners sign an agreement to only run Core for the forseeable future.
>"Sign this piece of paper promising you will only run software by Core and no competing client"
Sign it or what? Why would they make an agreement where they don't get anything in return?

>>	Anonymous Thu Aug 16 09:19:28 2018 No.10717620 >>10717605 Different ids

Anonymous Thu Aug 16 09:20:42 2018 No.10717630

>>10717605
>i don't know how you're reasoning. so miners made their choice and followed their own vision with bitcoin cash.

Only a few miners decided to hard fork the chain instead of reaching concensus with the others and now claims this is the true chain.

The true chain is the one with the most hash power just after the fork, and it was obviously Bitcoin core.

Anonymous Thu Aug 16 09:20:52 2018 No.10717634
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>>10717387

BTC will never increase the block size, never.

They could have increased it by a single fucking megabyte and avoided all this, avoided ridiculous fucking fees and a fucking 300k mempool. They didn't. They won't.

BTC is a walking zombie at this point. BCH is the future of crypto. Even Vitalik strongly prefers Bitcoin Cash.

>>	Anonymous Thu Aug 16 09:21:59 2018 No.10717644 >>10717620 yes im saying the same thing to both of you >>10717630 i've no idea how you think bigger blocks could have happened without a hardfork.

Anonymous Thu Aug 16 09:23:39 2018 No.10717653

>>10717644
>i've no idea how you think bigger blocks could have happened without a hardfork.

A hard fork with the majority of miners on board obviously.... Not a hardfork with a few miners trying to have the upper hand and not respecting the choice of the majority.

Anonymous Thu Aug 16 09:23:54 2018 No.10717657

>>10717630
bad game theory
miners all realize blockstream is a dead end (not a real crypto, LN is a basic copy past of existing system)
so they preserve bitcoin by forking it
In the meanwhile, they continue to mine btc...sell it to the rubes who don't understand what is going on
and use that USD to buy the real bitcoin.
Miners want btc prices high and bch prices low while the bch ecosystem is catching up on several years of lost development time from trying to play nice with vipers.

How do you not see this? To make money you have to think at least one step ahead of where the market is.

Anonymous Thu Aug 16 09:25:28 2018 No.10717674

>>10717606
https://bcore.org/
They purge against anyone who disagrees with the agenda
You are not aware of censorship happening to Jihan and others on Twitter, Reddit etc?
Organized lynching attacks like rating sabotage of oldest Bitcoin companies because they choose to support Bitcoin as p2p cash...

Anonymous Thu Aug 16 09:25:53 2018 No.10717680

>>10717634
>They could have increased it by a single fucking megabyte and avoided all this, avoided ridiculous fucking fees and a fucking 300k mempool. They didn't. They won't.
The reason it never increases is because many BTC holders do not want hard forks at all, at the moment BTCs main value is it cannot be seized by anyone. Miners want as many TX as possible so they can collect more fees. Neither group will ever agree so nothing changes.

>>	Anonymous Thu Aug 16 09:26:02 2018 No.10717682 >>10717657 Yeah nice fairy tale. Too bad there are absolutely no proof of this huge conspiracy... How convenient.

>>	Anonymous Thu Aug 16 09:27:45 2018 No.10717702 File: 42 KB, 502x305, jihad.jpg [View same] [iqdb] [saucenao] [google] >>10717602 >miners choose >they got cucked into segwit against their own will imagine

>>	Anonymous Thu Aug 16 09:29:21 2018 No.10717721 >>10717680 >Many BTC holders do not want hard forks at all That is a baseless lie. Bitcoin has forked numerous times without a fuss, and 3 more times since August 2017.

Anonymous Thu Aug 16 09:29:27 2018 No.10717722

>>10717657
And by the way, blockstream is nothing else than a poor little company with o real power : https://medium.com/@whalecalls/fud-or-fact-blockstream-inc-is-the-main-force-behind-bitcoin-and-taken-over-160aed93c003 .

All the stories about Blockstream controlling Bitcoin with an iron hand are fairy tales.

>>	Anonymous Thu Aug 16 09:30:47 2018 No.10717735 >>10717682 >damning evidence of a conspiracy >no proof jeez, you got me there shlomo

>>	Anonymous Thu Aug 16 09:30:53 2018 No.10717738 File: 53 KB, 645x729, brain.png [View same] [iqdb] [saucenao] [google] >>10717721 >x is y

Anonymous Thu Aug 16 09:31:07 2018 No.10717742

>>10717721
>That is a baseless lie. Bitcoin has forked numerous times without a fuss, and 3 more times since August 2017.

It doesn't mean BTC holders want hard forks. In most cases a hard fork is designed to serve the developers that launch it, not the general public.

>>	Anonymous Thu Aug 16 09:31:57 2018 No.10717748 >>10717722 but they're not fairy stories, there is no other business capable of upgrading the Bitcoin protocol except (((Blockstream)))

Anonymous Thu Aug 16 09:32:17 2018 No.10717753

>>10717682
no proof?
>Core is openly anti-miner
>LN basically replaces mining
>miners are pro-BCH
>miners are mining and dumping BTC to buy BCH (EG bitmain's IPO)

It really boils down to whether or not you believe that trustless, p2p ecash is a revolutionary concept. If you are a post2015 moonboy then you probably are just interested in making USD by betting on a convoluted copy of our current financial system.

(hint: only one of these will increase in value. The blockstream plan has always been "oh well we tried that bitcoin thing and it didn't really work out. too bad. Back to Visa everyone!")

>>	Anonymous Thu Aug 16 09:33:16 2018 No.10717767 >>10717748 imagine being this clueless

>>	Anonymous Thu Aug 16 09:34:03 2018 No.10717773 >>10717387 >>10717472 >>10717475 >>10717532 >>10717545 >>10717554 >>10717565 >>10717580 >>10717585 >>10717588 >>10717602 >>10717620 >>10717630 https://bcore.org/

>>	Anonymous Thu Aug 16 09:34:10 2018 No.10717775 >>10717472 Do you get called an idiot a lot?

>>	Anonymous Thu Aug 16 09:34:30 2018 No.10717779 >>10717748 I should say the BTC/Bcore protocol. Bitcoin Cash is Bitcoin.

Anonymous Thu Aug 16 09:35:21 2018 No.10717789

>>10717748
Did you even read the link I sent you. You are so wrong that Blockstream never even started a release branch :
>As you can see from the picture, there are no names that works for BlockStream that have ever created a release branch.

All your starting hypothesis are wrong.

>>	Anonymous Thu Aug 16 09:38:37 2018 No.10717825 File: 59 KB, 645x729, brainlet.png [View same] [iqdb] [saucenao] [google] >>10717753 >LN basically replaces mining

>>	Anonymous Thu Aug 16 09:40:18 2018 No.10717842 >>10717387 > BCH will die and eventually will be implemented into Bitcoin core, it's inevitable. Exactly. >>10717748 I think you don't understand what consensus is.

>>	Anonymous Thu Aug 16 09:41:25 2018 No.10717853 File: 676 KB, 517x334, 346456442312.png [View same] [iqdb] [saucenao] [google] >>10717657 imagine being this stupid.

Anonymous Thu Aug 16 09:42:37 2018 No.10717865

>>10717674
>You are not aware of censorship happening to Jihan and others on Twitter, Reddit etc?
>Organized lynching attacks like rating sabotage of oldest Bitcoin companies because they choose to support Bitcoin as p2p cash...
You're insane, there's no censorship against Roger or Jihan. To be fair BTC maximalists can be quite stupid at times but BCH peoples absurd conspiracy theories and bullshit resemble david icke on meth.

I can only go off personal experience but I can talk to core devs on twitter and disagree with them and still have a normal conversation. BCH people are generally extremely hostile, tell obvious lies then refuse to answer questions, the worst time was when I stumbled into some conversation a bitcoin.com employee was in, he lied repeatedly about technical things, was insulting and a huge cunt in general, it was like trying to talk to some high pressure sales guy or conman.

Then there's discord, slack and forums etc. I regularly call BTC bitcorn or a shitcoin, the second I speak ill of BCH the abusive or threatening DMs start poring in. There's some rational cashies but in general as a group they're the most vile and stupid group I ever encounter in crypto.

>>	Anonymous Thu Aug 16 09:44:54 2018 No.10717890 File: 91 KB, 387x350, 1526787429806.png [View same] [iqdb] [saucenao] [google] >>10717789 Read this link, corecuck. It is very informative and designed just for you. https://bcore.org/

Anonymous Thu Aug 16 09:46:17 2018 No.10717904

>>10717721
>That is a baseless lie. Bitcoin has forked numerous times without a fuss, and 3 more times since August 2017
No, you're lying as cashies usually do, Satoshi did the last hardfork back when BTC was new. BTC hasn't had a single hardfork done by anyone since then.

>>	Anonymous Thu Aug 16 09:47:33 2018 No.10717920 File: 26 KB, 480x375, LuKDragmBQDT8l5hJ7xAePCqrcfCv9RpVLC6ACxJsDQ.jpg [View same] [iqdb] [saucenao] [google] >>10717890 > read bcash propoganda written by retarded nerds. deluded bcashie

>>	Anonymous Thu Aug 16 09:48:58 2018 No.10717935 >>10717890 Oh ok a FUD website designed by some random cashie. For sure a proof that BCH is superior..

Anonymous Thu Aug 16 09:51:05 2018 No.10717952

>>10717890
>https://bcore.org/
These shill websites make BCH people look like absolute morons, I don't know if it's roger or jihan that makes them but they were stupid when they were screeching segwit will kill BTC and they're still stupid now. I suspect it's Jihan since previous ones had awful english and sounded similar to his "fuck your mother if you want to fuck" response.

>>	Anonymous Thu Aug 16 09:52:26 2018 No.10717965 File: 1.14 MB, 250x250, c5f.gif [View same] [iqdb] [saucenao] [google] >>10717952 >>10717935 >>10717920 >>10717904 This triggers the corecuck https://bcore.org/

>>	Anonymous Thu Aug 16 10:17:21 2018 No.10718176 >>10717602 >>10717580 miners will choose whatever is most profitable, and whales determine profitability, not miners the decision-making power on paper and decision-making power in the context of the greater market are different.

>>	Anonymous Thu Aug 16 10:22:08 2018 No.10718223 >>10718176 And they already decided. The choice was made the day of the fork. All exchanges were anonymous by the way keeping the ticker BTC linked to the core blockchain.

>>	Anonymous Thu Aug 16 10:23:11 2018 No.10718232 >>10718223 >anonymous unanimous*

>>	Anonymous Thu Aug 16 10:50:22 2018 No.10718486 File: 165 KB, 1920x1080, skyrim18.jpg [View same] [iqdb] [saucenao] [google] >>10717653 forking off and see who shares the vision is the best way of voting. nothing else works. miner signalling is bullshit, it's just a non-binding opinion poll.

>>	Anonymous Thu Aug 16 11:03:49 2018 No.10718599 "Big blocks win" - Satoshi Nakamoto

>>	Anonymous Thu Aug 16 11:08:30 2018 No.10718650 >>10717387 Use the fork, luke

>>	Anonymous Thu Aug 16 12:53:30 2018 No.10719979 File: 16 KB, 293x172, images (9).jpg [View same] [iqdb] [saucenao] [google] >>10717387 >the developers to look for consensus and that is why you fail

>>	Reluctant kneepad girl Thu Aug 16 12:55:28 2018 No.10720001 >>10717475 >chinks >abiding by a contract You funny man

>>	Anonymous Thu Aug 16 12:59:57 2018 No.10720046 >>10720001 Kys. Hows funfair doing lmao

>>	Reluctant kneepad girl Thu Aug 16 13:00:49 2018 No.10720063 >>10720046 Don't be angry my little yellow friend.

>>	Anonymous Thu Aug 16 13:06:24 2018 No.10720128 File: 16 KB, 700x171, 8ee12ca8-41e2-41b3-93cc-d9f368402fb0.png [View same] [iqdb] [saucenao] [google] >>10719979 REKT E K T

>>	Anonymous Thu Aug 16 13:07:58 2018 No.10720149 File: 1.25 MB, 400x400, 1527259260316.gif [View same] [iqdb] [saucenao] [google] >>10720063 Aw did i hurt your feelings?

>>	Anonymous Thu Aug 16 13:09:58 2018 No.10720168 >>10717904 Can anyone disprove this statement? I hear this all the time and trying to do research I cant find anything.

>>	Anonymous Thu Aug 16 14:35:27 2018 No.10721148 Get fucked corecucks alpha male team takes over now. BCASH FTW

>>	reluctant kneepad girl Thu Aug 16 14:36:55 2018 No.10721165 Bcash will win...

Anonymous Thu Aug 16 14:48:21 2018 No.10721285
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BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH

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