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/biz/ - Business & Finance

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16994072 No.16994072 [Reply] [Original]

>950 BSV holder
>CS degree
>Developed dapps on ETH
>Use to chat with CSW on twitter in 2018

AMA

>> No.16994088

>>16994072
Why did you kill a thread for this? Do you think Vishnu is proud?

>> No.16994093

>>16994088
Oh no a thread asking if sucking dick will help them advance in business might die. gtfo

>> No.16994102

>>16994093
Shilling a shitcoin is so much better, right?
Whats your opinion of bsv's hash rate vs btc's?

>> No.16994116

>>16994102
Imagine calling the real Bitcoin a shitcoin.
>Whats your opinion of bsv's hash rate vs btc's?
It's temporary. As BSV utility and price increase along with more transactions to collect fees, the price will increase. Plus Calvin and Craig have a lot of hash on BTC/BCH they would move over to defend it. I think current hash doesn't matter much.

>> No.16994132

>>16994116
*the hash will increase

>> No.16994174

>>16994116
What does any of that have to do with hash rate? You didnt answer my question.

>> No.16994185
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16994185

>>16994132
Its shit. Your speculating on the hash rate based on... what?

>> No.16994195

>>16994174
>>16994185
Hash follows price. BSV is currently 0.03 the price of BTC so of course it has 0.03 of the hash. What don't you understand?

If BSV can pump price up to 1k its hash power will triple. Pretty basic stuff.

>> No.16994207

can u send 0.00000001 BSV to a poorfag like posters above

>> No.16994213

>>16994207
Fuck no I'm still in the red from the 2018 crash. If BSV has another 100% pump I'm finally in the green though.

>> No.16994218

>>16994195
>Hash follows price.
where did you read this?

>> No.16994222

>>16994213
Good luck with that.

>> No.16994236

>>16994218
I'm not gonna hold your hand if you are this stupid. Bitcoin is a capitalist system and miners mine for profit. You don't even have a basic understanding of how the economic systems of Bitcoin works.

>> No.16994240
File: 236 KB, 1072x975, bsv-financially-ruined-scam-vision.png [View same] [iqdb] [saucenao] [google]
16994240

These unethical bagholders will say anything to get attention. They know their coin is a piece of shit being run by a con artist, and they don't care.

If you argue with them you are giving them what they want. They know that no matter how ridiculous their arguments are 0.01% of the people who see it are so stupid they will buy it.

Ignore all BSV threads. Do not waste your time trying to argue with them. If you do reply, always sage.

>> No.16994261

Jeez this thread rustled some jimmies

>> No.16994270

>>16994236
btcs hash rate has been increasing over time even after 2017 (its ath) so how do you explain that, dumbass?

>> No.16994314

>>16994270
1) Miners were making so much profit in 2017 that it took them this long to finally catch up to profit equilibrium

2) Miners are speculating on a future bull run and it can take months to order new rigs and install them so they pre-preemptively buy and mine at a loss hoping for a bull run

>> No.16994316

>>16994236
its still profitable obviously, but the price of the asset itself isnt necessarily what leads to its increase. Also, theres literally no reason to believe (as of now) bsv will reach bsv's hash rate.

>> No.16994328

>>16994314
>at a loss
No. Its still profitable. https://www.investopedia.com/articles/forex/051115/bitcoin-mining-still-profitable.asp

>> No.16994373

>>16994328
Also hash gets cheaper over time with new ASICs. The real capitalist game theory is that hash should always be within a few percentage profit of the avg block rewards + transaction fees. If BSV price 3x and more miners didn't swap from BTC/BCH to mine BSV they are bad businessmen.

Hash is basically a non-argument on who will win between BTC/BCH/BSV. I was hoping for a more interesting topic.

>> No.16994647

>>16994373
bsv mining is heavily centralized. Pretty sure thats a big turn off from getting many people to mining it.

>> No.16994718
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16994718

>>16994647

>> No.16994726

>>16994718
https://www.google.com/amp/s/thenextweb.com/hardfork/2019/04/26/calvin-ayre-coingeek-bitcoin-sv-hash-rate-51-percent-double-spend/amp/

>> No.16994796

>>16994072

What price point do you believe BSV will hit?

what apps are you currently working on for BSV?

>> No.16994806

>>16994072

Also, where do I start if I want to create apps on BSV specifically?

I have no knowledge of coding or anything...

>> No.16994843

>>16994328
>>16994726
>posting old articles
>https://sv.coin.dance/blocks/today
looks pretty decentralized to me

>> No.16994876
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16994876

>>16994072
I'm all in BSV

>> No.16994892

>>16994796
>>16994806
I'm not working on BSV apps currently. I worked on an ETH dapp that went no where but I learned a lot. Ethereum has great developers that make a lot of great programming tools but the problem is they fail at understanding business. Their chain doesn't scale. If you build a commercial dapp on Ethereum you can expect your users to go from instant and cheap contract interactions one day to the gwei price going 10-20x and confirmations taking hours or days. No real business will build on Eth until scaling is figured out and I don't think it ever will be at this point.

I think BSV will eventually consume ETH as well as BTC. Then we will likely see ICO mania round 2 except it will be projects launching on BSV this time.

>> No.16995003

>>16994892

Where is a good place to start to learn building ontop of the BSV ecosystem?

>> No.16995317

>>16995003
Follow _unwriter on twitter and checkout the protocol tools hes developed

>> No.16995478
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16995478

>>16995003

Read the money button docs and the planaria docs, your mind will be blown

>> No.16995485

>>16995478
pls link pls link

>> No.16995514

>>16995485

DYOR

>> No.16995515

>>16994072
>>16995478

Would it be hard to build something like money button but it's your postal address info getting mcrotransacted from buyer to seller?

I'd call it BitStamp

>> No.16995564

>>16995515
not hard at all just encrypt the address with the receivers pubkey and stuff em into OP return

>> No.16995671

>>16995564

It's a bullish penant to be precise.

Are your eyes painted on?

>> No.16996448
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16996448

>>16994843
Kek

Coingeek and TAAL are owned by squire mining , the faggots get 39% of the hashrate and larp as a different pool.

I wonder if the other pools are also owned by the same group of faggots larping as different pools , and using old asics , then selling the coins to retards here.

>> No.16996454

>>16994892
>Ethereum has great developers that make a lot of great programming tools but the problem is they fail at understanding business. Their chain doesn't scale.
True desu

>> No.16996463

>>16995478
I'm too retarded to understand how planaria works or what it even is

>> No.16996476

>>16994072
>950 BSV holder
good lord, I only have 70
can you please send me like 10 BSV so Ican up my stack?

>> No.16996487

>>16994892
>Ethereum has great developers that make a lot of great programming tools but the problem is they fail at understanding business
that goes for every shitcoin out there that Ive seen yet. its all a bunch of neckbeard coders who have absolutely no clue about economics. its pathetic.. thank God Craig is working to fix all their fuckups

>> No.16996490

>>16994072

>still chatting regularly with CSW on Slack to this very day

AMA

>> No.16996498

>>16996463

Then read through the bitdb docs especially the tutorial. Easy as long as you know html and basic javascript.

>> No.16996518

>>16996490
when will he pump our bags?
is he still gonna nuke BTC and the shitcoin market or will he be lame and show mercy?

>> No.16996697

>>16994892
You know ethereum has the equivalent of 27MB blocks currently.
Only computation doesn't scale well, but bsv can't do anything complex here. Just putting data in transactions has very limited uses. BSV "apps" are an absurdity limited to spamming the chain with weather data and similar.
There's no way you did anything more complex than copy-pasting some code you didn't understand.

>> No.16996940

>>16995003
there is a slack called atlantis where bsv developers hang out, included moneybutton and planaria devs. But if you cannot code im not sure how useful that would be, first tou need to learn to code

>> No.16996963

>>16994072
Heh only 950?

>> No.16996978

>>16996697
BSV gives you a globally accessible excel spreadsheet you can use for your apps. Its simple and thats why its awesome. You can create your app, put in online and never have to worry about hosting any backend.
Its there forever and if anybody wants to use it all it takes a sub cent microtransactions from the user.

>> No.16997000

>>16996978
It's just storage, not an "app". It does nothing alone.
>Its there forever
It's not, expecting nodes to host terabytes for free is not a viable strategy. Miners don't need old blocks to mine.

>> No.16997022
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16997022

>>16995478
>read about this external API app, your mind will be blown
lmfao

>> No.16997025

>>16997000
Thats what I'm saying. Its just global storage. It sounds simple but is revolutionary.

Its true that redundancy for infrequently accessed data will go down over time.
Some nodes will have everything forever though and down the line calling data from old tx will be possible for a fee. If BSV succeeds storing the entire chain or parts of it and providing access to it will be a for-profit business/industry

>> No.16997049

>>16997025
>Some nodes will have everything forever though and down the line calling data from old tx will be possible for a fee
in other words... just a normal hosting service.
There's nothing revolutionary in it. The revolutionary part in blockchains is the ability to do computations in a decentralized manner. Data storage is not solved by blockchains. BSV is worthless as it can't do anything more than basic token transfers, definitely not "apps".

>> No.16997085

>>16997049
keep coping corecoper
btc can't store shit, bsv can do everything it can and cheaper
read your own words and eat em

>> No.16997092

>>16997085
nobody cares about btc dumb nigger
it's just a pointless bubble like bsv

>> No.16997094

>>16997049
hosting which is paid for by the apps users directly while using the app is new.
Im not a fan of twetch but its a good example. The twetch company could go bankrupt tomorrow and shut down all of their servers and it would all keep working for as long as BSV exists if you saved the client javascript locally.

I hate craig I really do but that shit is new.

>> No.16997095

>>16994072
>>CS degree
University of Mumbai?

>> No.16997104

>>16997094
>hosting which is paid for by the apps users directly while using the app is new.
no, it's not.
Transaction fees pay for inclusion in the block, they don't pay for storage.
Miners are free to delete the contents soon after initial propagation.

>> No.16997115

>>16997104
archive nodes != miners

>> No.16997132

>>16997115
>hosting which is paid for by the apps users
yes, which is why users don't pay for storage. Nobody pays for storage, the model is unsustainable and assumes it's free.

>> No.16997147

>>16997132
Users will pay the archive nodes with microtransactions which are actually feasible in scalable bitcoin with big blocks.

>> No.16997167

>>16997092
well eth is shit too and it can't scale
shitcoin scam networks with their own memecoins are all points of failure
the difference with bsv and it's layers is they will all be fucking secure on the bsv chain
there won't be any coin mixer scamming with hackers hiding their tokens on a shady exchange and escaping with something else

and another thing, say some 13 yr old script kiddy takes control of a memecoin node and starts spamming eth chain with contracts with 100k tx/s?
what happens?
eth mempool bloats like fuck and gets clogged
what happens on bsv? the miners EAT IT ALL because it will all fit in a block very comfortably

bsv overall is quite clearly superior

>> No.16997190

>>16997147
kek so bsv is revolutionary because it's a new way to pay for hosting? is that it?

also
>The twetch company could go bankrupt tomorrow and shut down all of their servers and it would all keep working for as long as BSV exists if you saved the client javascript locally.
It's not new, ipfs works in the same way. It just doesn't pretend there's free storage somewhere, the address is the hash of the content, someone has to store it.
>>16997167
>what happens?
fees go up, throughput is always finite

>> No.16997209

>>16997190
and the fees won't increase on bsv
no burden on other users
just winning again

>> No.16997216

>>16997190
>It's not new, ipfs works in the same way.
ipfs lacks incentive to store shit

>> No.16997224
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16997224

>>16997190
>>16997132
>>16997104
>>16997092
>>16997049
>>16997000
imagine being this guy and youre so low IQ you cant even wrap your head around the concept of BitCoin while youre still banking on useless shitcoins

>> No.16997229

>>16997209
that's impossible, infinite throughput doesn't exist.
Btw in terms of bytes/s eth2 is going to have better throughput than bsv, but divided among shards and per 3 seconds per block, while bsv has the retarded design of dumping everything in one block megablock every 10 minutes
>>16997216
there's no incentive to store old bsv blocks.

>> No.16997239

>>16997190
here you can read this and it'll give you something to think about
>https://hackernoon.com/yes-this-kid-really-just-deleted-150-million-dollar-by-messing-around-with-ethereums-smart-2d6bb6750bb9
think a multi trillion dollar industry want to risk putting funds into something a little kid can wisk away pressing buttons?
no i dont think so

>> No.16997243

>>16997229
>there's no incentive to store old bsv blocks.
There already are for profit APIs for developers in the BSV ecosystem.

>> No.16997267

>>16997243
You're repeating yourself. Paying for hosting data is as old as internet itself. Bsv adds zero value.

>> No.16997336

>>16997229
>eth2
lol good one, tell me when it's released

>> No.16997370

>>16994218
Are you literally Greg? Imagine pretending not to know this in 2020. All btc has left is ticker symbol and price/hash, both are a measuring stick of easily lost popularity.

>> No.16997425

>>16996490
is crypto black pill true?

>> No.16997436

>>16997425
>he thought it was just a meme
Oh boy are u in for a great awakening

>> No.16997552

>>16997436
I think it's true but just wanted to ask him what's his thought about it, faggot.

>> No.16997558

Where the fuck do I buy BSV

>> No.16997572

>>16997558
It's an iq test, good luck!

>> No.16997598

>>16997572
Alright kucoin it is

>> No.16997776

>>16997025
BSV can't do it, but it's not impossible for a blockchain to provide permanent, decentralized storage. Check out Arweave and the concept of proof of access.

>> No.16998786

>>16997776
Course bsv can do it you clown. Node operators can opt out of it if they wish