/biz/ - Business & Finance

[Anonymous No.11710381]

What's wrong with BCH ABC?
Smart contracts for Bitcoin would make the technology relevant again.

[Anonymous No.11710392]

>>11710381
build on top, dont break 0.1 protocol. that simple, if u dont like it STIFF

[Anonymous No.11710398]

Bitcoin has always had smart contracts. No need for turing complete eth garbage.

[Anonymous No.11710403]

>>11710398
Success of eth proves you otherwise. The stuff ABC people had been developing is pretty sweet.

[Anonymous No.11710404]

>>11710381
Smart contracts and tokens can be done in script. There are already at least 2 bch token protocols done i think

Putting dsv in the protocol makes miners prosecutable, whereas when in script it just makes the developer/operator of illegal securities/markets culpable

Abc is funded by jihan who wants dsv, ctor and one minute blocks. Ctor is anti competition, miners should be free to order transactions anyway they like not be forced to ctor because it benefits jihans wormhole coin

[Anonymous No.11710419]

>>11710403
Ltc is "successful". Still a useless scam

[Anonymous No.11710431]

Also look at how blockstream implemented issued assets in elements/liquid
Btc and sv are the only ones who don't want some crappy mess. Abc is eth tier script kiddy shit.

[Anonymous No.11710463]

>>11710419
Successful in 'btc' kind of way, so almost not at all. Eth is an order of magnitude, or a couple, more successful and useful.

[Anonymous No.11710543]

>>11710381
I wish I was that dog

[Anonymous No.11710597]

So ABC is superior, but SV is forcefully attempting to remain relevant.
This whole thing is just CSW taking a piss because he has the capacity to.

[Anonymous No.11710615]

>>11710597
no ur just retarded

[Anonymous No.11710645]

>>11710597
Sv is not implementing anything controversial. They are also the implementation with the best performance hitting two 32mb last week

Abc is implementing dsv and ctor so jihan can make whc. No one fucking wants whc because tokens and smartcontracts are done in script

[Anonymous No.11710655]

>>11710615
the amount of faggots sucking this fraud's cock is astonishing. You are the scourge of society

[Anonymous No.11710669]

>>11710655
If you bet against the side thats inly argument character attacks you always win

[Anonymous No.11710737]

>>11710655
Seriously, how fucking stupid do you have to be to believe the shit that comes out of this guy’s mouth? Omega-retard?

[Anonymous No.11710742]

>>11710392
Pretty much this. Why is it so hard to just leave the base layer alone. BCH Is becoming just like the corecucks. How do you all not see this?

[Anonymous No.11710777]

>>11710655
>>11710737
dont proof of social media me kek

[Anonymous No.11710819]

>>11710777
Checked

[Anonymous No.11710883]

I'll be honest-- I generally don't give a shit about BCH, but looking at the facts as they are right now, ABC isn't going to win the hash wars... and that's what matters. I've placed my bet, on the currently cheaper coin -- good luck to everyone on the other side. Eventually folks will pick up on the fact that there's no point holding BCH to get two coins if one of those coins is useless when you can just sell your BCH to pick up more SV.
Also, Bitmex will be finalizing based on ABC value -- whoever has opened longs on BCH planning to ride ABC's once seemingly--inevitable victory is absolutely fucked.
CSW may be a case of social media insanity, but he's a narcissist with a ton of money, his own money, with zero strings attached to it, with his own many machines mining, and I very much doubt Jihan is going to be able to launch an ideological war against SV with shareholders to explain it all to if shit goes wrong. And it will.
Again, can't stress how much I don't give a shit about BCH day to day, but buying SV low is probably the easiest win atm -- far better R:R vs ABC.

[Anonymous No.11710900]

>>11710883
how many u got my african american?

[Anonymous No.11710930]

>>11710900
I bought a few hundred between ~0.0085 and ~0.016. Tempted to get a little more before 0.02 breaks. And it will. It's almost retarded how easy this is going to be.

[Anonymous No.11710976]

>>11710930
damn. i got 52 bch and wondering if i should sell my abc and buy up a bunch of sv. im scared tho, so il probably just hang on to em. dont want a s2x situation

[Anonymous No.11711060]

>>11710976
Always a good idea to play it safe, man. I wouldn't advocate to anyone else to do what I'm doing if they are in any way apprehensive. Smaller gains a hell of a lot easier to live with than losses... Trust your gut. Tbh, I think BTC's lack of volatility lately has made me extra gamble-y.
Fuck it though, gotta feed the beast sometimes.
I'd be super surprised if SV collapsed though. Jihan is getting dicked hard here.

[Anonymous No.11711073]

>>11710930
Based. Futures should be fine in terms of liquidity. You trade in your BCH for 1:1 exchange of ABC and SV so whoever wins will be backed up by a BCH token.

[Anonymous No.11711077]

>>11710976
Yah what happened there? I was gonna "split" on poloniex and all in SV but there is no chain split planned so I guess satoshi was correct when he said what poloniex are doing is illegal and I wanna hold onto my coins rather than risk the bet

[Anonymous No.11711137]

>>11711077
If there is a hash war, you get an equivalent about of BCH on the winning chain if you bought it's futures.

If there is a split, you simply keep the tokens you have. If you stay in BCH before split, you simply get one of each chain.

If there is no split, or capitulation before the hash war, you get the winning chain, if you bought it's futures, or you'll get a 1:1 payoff if you stayed in BCH.

[Anonymous No.11711311]

>>11711077
You misunderstand, there will be a dejure chain split (ABC miners and SV miners attempt to start new chains) but there will be defacto no chain split because BCHABC is dead on arrival, there will just be SV which is BCH. SV is BCH. So if you own 100 BCHSV futures now you will have 100 BCH after Nov 15, this was a great and easy way to x8 my BCH holding by profiting off of retarded redditors and people who do little research.

[Anonymous No.11711319]

>>11711060
Jihan is going to get 60% hashrate by the 15th.
you don't know now giga rich and influential this mega chink is.

I dont really care who wins actually.. I just want the real bitcoin to win.

I feel like SV version has apoint with keeping the base protocol locked and not adding in the other shit would be the best thing but I also think that we don't need 128mb blocks yet.

I can find good points on both sides.

I'll just hold my coins and not spend any ABC or SV until the whole thing is over. even if it takes a few months/year

[Anonymous No.11711451]

>>11711319
We'll have to see, man. All I know is that the R:R for this play is in favor of SV, so I'm following along. I've locked in some profit already from the climb to 0.019 so not too worried whichever way this falls -- part of why I want to emphasize to everyone not to blindly follow my personal gut instinct and go with their own. Sometimes it's fun to gamble a bit, but generally we all know playing it safe can be a lot healthier for 99% of these dudes out there risking it all for a chance...

[Anonymous No.11711488]

>>11710404

There's already child porn on the blockchain. Anything immutable and permissionless is illegal

[Anonymous No.11711523]

>>11711451
my gut is telling me that jihan and frens are going to be able to get a massive, massive amount of extra hash by the time of the fork and they'll have majority hash then.

just a guess.

knowing the many multi billoins bitmain has made. not an issue for them atall .

I also think that the whole "well Jihan will lose cause he can't keep up to mine 2 years at a loss" is bs. I think he can easily mine at a loss, mulitlpe years to decennia with the profit he's secured already.

[Anonymous No.11711532]

>>11711319
What makes you so sure about Jihan. Craig and Calvin have billions invested in mining, I don't think they would start a fight they couldn't win.

[Anonymous No.11711583]

>>11711523
Jihan has the IPO and shareholders to attend to. He is presumably tied in that sense, as he would have to explain and suffer all the money lost fighting this war. Risky. In general, Bitmain has not been doing well.
Craig, on the other hand, is a wild narcissist with a lot of money, his money, his own machines, and he is unfettered by oversight vs. Jihan's situation. He will do everything in his power to make sure this wins.
Jihan better have an amazing ace up his sleeve to pull this off, and it really better fucking work out.
Honestly, again, couldn't care less which way this goes: speaking in terms of profit, it just seems there's a better R:R via SV.
Fuck 'em all, really.

[Anonymous No.11711623]

>>11711532
calvin has been a billionaire since the early-mid 2000's. calvin and craig share a longer history than most people realize

[Anonymous No.11712223]

>>11711488
so what?
who the fuck cares?

[Anonymous No.11712551]

>>11710404
>Smart contracts and tokens can be done in script.
Was this disabled in BTC Core? Is what allows this the op_return or whatever the hell people mention all the time?

[Anonymous No.11712557]

>>11710392
**STIFF**

[Anonymous No.11712626]

>>11711319
>you don't know now giga rich and influential this mega chink is
Money and influence are a necessary but not sufficient condition for securing superior hashpower. You also need access to the necessary tech. This is not 2016 anymore and many more sophisticated entrants have come into the market for ASIC manufacturing, eating into Bitmain's market share.
It is also no secret that Bitmain has been struggling with their fabrication process after their original chip guy left, and now it seems that they are shaking up the board, so it may be that Jihan is in fact not in a good financial position to fight a protracted hash war.

[Anonymous No.11712653]

>>11711451
I agree that SV seems like a good bet, I just can't bear to send any substantial amount of coin to a shady non-fiat exchange, even with the temptation of a possible 8x.

[Anonymous No.11712656]

>>11712551
Unironiclly this "feature" will be reactivted when LINK network gets users.. so those banks that back BTC can hook them into smartcontacts and kabooom..

And if derpfuck has 51% hash he can force update the chain to a litttttle bit bigger blocks and BCHforks are btfo.

BCH wants to stop it because its power to the people. Global elite want to have a foot in the game because ultimately you must make the masses happy.

BCH has to kill it fast to accomplish their goals before smartcontracts become mainstream. Best option is to destory all competing chains and grab hashpower to assult BTC with their force/combined hash.

Jihn knows this, but he also has backing by big banks.

They also know if they try and force fractional reserve banking they lose. So some people will likely be left behind in the dust for the pursit of the dollar.

Game theory man.

[Anonymous No.11712689]

>>11712653
>playing the most evident and profitable bet in a zero-sum game
what could possibly go wrong?

[Anonymous No.11712716]

>>11712551
Most of the scripts were disabled by Satoshi because they found a bug and panicked.
Nobody ever really did the work to safely enable them.
op_return still works on btc tho you can do it on trezor at least, not sure what other wallets do it.

[Anonymous No.11712774]

>>11712689
How is betting on SV the most "evident" bet? As of now it appears they are still the underdog.

[Anonymous No.11712833]

>>11712774
Market is slow to react. We are just now getting threads about this which are being discussed in a semi-serious manner.

Every bit of news regarding hashrate dominance makes SV's price go higher.

[Anonymous No.11712836]

>>11710543
Which one?

[Anonymous No.11712943]

>>11712774
>SV has 60% hashrate, which shows a winner 3 days before HF
>Polo sells SV futures which literally anyone could buy right now 5 times cheaper than BCH
>enormous amount of shills and cultists out of nowhere

seems like a good buy, amarite bois?

[Anonymous No.11712966]

>>11712943

And at the same time every exchange is following ABC. Seems odd

[Anonymous No.11713693]

>>11710381
Thanks just gave birth to 10k puppies.

[Anonymous No.11714166]

>>11713693
fag
just dumped 30k puppies

[Anonymous No.11714175]

>>11712551
Yes nearly all the op codes were disabled by core
Bitcoin is in fact turing complete