/biz/ - Business & Finance

[Anonymous No.10809599]

weeeeeeeeeeeeee....

[Anonymous No.10809652]

>>10809599
With the year we have had, I'm okay with sideways movement.

[Anonymous No.10810173]

in the past i would have thought sideways movement was great. it's what's best for adoption.

however since BTC isn't supposed to be used anymore, what's the point?

[Anonymous No.10810189]

>>10810173
>shilling a failed shitcoin like BCH

wew almost bought 100k

[Anonymous No.10810193]

>>10810173
>however since BTC isn't supposed to be used anymore, what's the point?

[Anonymous No.10810238]

>>10810193
you need need to stop posting this image like it means something. so hal helped satoshi test the client in 2009, whoopdiedoo. besides, having bitcoin banks has nothing to do with crippling bitcoin. having someone trusted that know wtf they are doing take custody of your asset is an obvious move for the majority of people but it still has 0 to do with crippling usage of bitcoin outside banks.

[Anonymous No.10810285]

also, sure maybe you wont fit all the worlds transactions into the blockchain. but btc have 6 tx/sec. it's a LITTLE early to start thinking about a 2nd layer at that point don't you think? we can afford to bump that up to 12 tx/s to buy time don't you think? another 5 years to release a working version of LN wouldn't have been a bad thing.

[Anonymous No.10810306]

>>10810238
He's just showing how Bitcoin banks will reduce strain on the network, and allow for everyday usage, this was to counter the other poster who was basically saying bitcoin is basically only useful as a speculative asset at this point. Not sure what your point is.

[Anonymous No.10810365]

>>10810306
he was replying to me because he recognized im a BCH guy. and the reply was about how 2nd layers are the way forward ("banks with their own crypto").

to that im just saying that sure, eventually maybe, but we don't have the worlds adoption to consider at the moment so limiting bitcoin to 1 MB blocks in favor of a 2nd layer solution that doesnt work and is hard to use was a retarded move when we just needed a measly 1 MB extra this day.

[Anonymous No.10810422]

>>10810365
I see your point.

I don't hold BCH (sold it) but I get their argument, it's respectable. I also agree that general usage is not yet at the point where off chain solutions are necessary (although the network was very clogged up last year due to the bullrun). However, I like the idea of a Bitcoin bank over LN, but I suppose, functionally they are essentially the same, and both maintain the original BTC code for the most part?

As a side note, I'm holding BTC instead of BCH because of brand recognition, also, it's possible continually increasing blocksize could be unsustainable in the long run. I think offchain transactions like BTC will probably be the future, just my personal opinion.

[Anonymous No.10810471]

>>10809599
HODL...

[Anonymous No.10810660]

>>10810422
I've not sold all my BTC but I have 18 times more BCH at the moment. I don't think the current little disagreement between Bitcoin Cash devs will have a long-lasting impact.

Watch out for Lightning Network, first of all it does not scale (no routing solution) but it isn't even bitcoin exclusive so if it would ever take off it would just give a bunch more power to altcoins. That's something that I don't understand with BTC people cheering for LN, it isn't even bitcoin exclusive.