/biz/ - Business & Finance

[Anonymous No.17424587]

>BTC vs BSV
Let's settle it once and for all.

[Anonymous No.17424610]

[Anonymous No.17424659]

[Anonymous No.17424715]

>>17424587
>Bitcoin was supposed to be a peer to peer payment system
>Don't use it to buy coffee
The absolute state of corecux

[Anonymous No.17424757]

>>17424715

Bitcoin wasn't made for coffee, this is true. It was actually made for much much smaller transactions, micropayments that wouldn't be feasible in any other payment system. Coffee is a macropayment.

[Anonymous No.17424800]

>>17424757
>NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
>YOU CAN'T JUST USE BITCOIN AS A TIMESTAMP SERVER FOR SECURITY LOGS TO YOUR DATABASE OR TO STORE WEATHER DATA
>THAT'S SPAM, YOU SPAMMING THE BLOCKCHAIN

[Anonymous No.17424827]

>>17424587
>Let's settle it once and for all.
See you tomorrow

[Anonymous No.17424859]

>>17424587

[Anonymous No.17424879]

BSV seems to be more interested in actually scaling than core

[Anonymous No.17424907]

>>17424587
BSV is superior to BTC. People who don't like it are either just sheep echoing what the other "experts" tell them, or they don't like it because CSW hurt their fragile egos. The idea of having a global immutable store of any type of data usable by anyone at any time is a huge deal and once people actually realize the implications of that sentiment will change very quickly.

[Anonymous No.17424933]

>>17424587
take the znn pill

[Anonymous No.17424966]

/thread

[None !willyqVoNI No.17425170]

>>17424587
BSV will win ;)

[Anonymous No.17425236]

>>17424587
ok it's settled

[Anonymous No.17425409]

>BSVjeets thinking their shitcoin fork of a shitcoin fork will ever overtake the original BTC

>RC Cola will totally outsell Coca Cola Classic you guys
>XFL will give the NFL a run for its money
>Google+ will overtake Facebook
>Gab will destroy Twitter

Even if the tech were better in BSV (It's not), and Craig was not lying about being Satoshi (He's lying), it would never flip BTC. If it had anything to do with the tech, ETH would've flipped BTC 3 years ago. At some point the Indian call center you all work at will close once Calvin and Craig exit scam. Screencap this. Your shitcoin can't even flip BCH or XRP, the pinnacle of useless shitcoins.

>inb4 shitty Greg Wojack meme that BSVjeets post anytime someone criticizes their shitcoin

[Anonymous No.17425494]

>>17425409
>If it had anything to do with the tech, ETH would've flipped BTC 3 years ago

Imagine defending Segwitcoin this hard and believing ETH is better technology than Bitcoin. lmao kys tranny

[Anonymous No.17425517]

>>17425409
>comparing blockchain technology to soda
found the mouthbreather

[Anonymous No.17425518]

>>17424587
Bsv is a scam, creg is a fraud, cunt will be in jail soon enough

[Anonymous No.17425530]

>>17425494
>Tranny
>tick tock
>core cuck

Typical canned insult responses from Pajeets

[Anonymous No.17425549]

>>17425530
>Typical canned insult responses
>Pajeets

Dilate, tranny.

[Anonymous No.17425553]

>>17425236
ShitCoin SV fanboys will never let it go

[Anonymous No.17425584]

>>17425553
They will once Calvin stops funding the Indian call center they all work at

[Anonymous No.17425604]

>>17425584
Imagine needing to believe this was true.

[Anonymous No.17425637]

>>17425584
the reality is that 90% of svtards are murrican die hard trumpists and other assorted poltards

[Anonymous No.17425661]

>>17425637
>>17425604

[Anonymous No.17425672]

>>17425637
>>17425661
Imagine also needing to believe this was true.

[Anonymous No.17425706]

>>17425672
its true

[Anonymous No.17425723]

>>17425706
Which part? I mean I'm a burger, but I'm no Trumpfag. He's done thing to stem the tide of shitskins flooding into the country and he's a slave to Israel.

[Anonymous No.17425823]

>>17425723
oh you are a poltard alright you are just more radical than most.
/pol/ is an echo chamber for russian bot propaganda. you drank that coolaid well.

[Anonymous No.17425866]

>>17425823
>russian bot
Do you have a shred of original thought in your head? Not wanting third world shitholers to flood into your country isn't a radical notion. That's something you take offense to if you are one yourself or you're an indoctrinated communist. So which one is it?

>inb4 I'm not a communist, but bernie is totally based

[Anonymous No.17425886]

>>17425866
He takes offense to it because he himself is a 3rd world shit holer, like 95% of the shills who shill BSV.

[Anonymous No.17425898]

>>17425886
He's shilling against BSV, retard tranny nigger.

[Anonymous No.17425914]

[Anonymous No.17425962]

>>17425866
it's true m8 you are regurgitating propaganda that was devised to weaken the hold of the western culture in geopolitics.

[Anonymous No.17425971]

>>17425898
Both of you are retards

[Anonymous No.17425986]

>>17425962
That’s a good thing though
Western cuckture was a mistake

[Anonymous No.17425989]

>>17424587
Big block scaling cannot scale to world commerce. You’d need 8GB blocks to even get close for traditional payments. If you include microtransactions you’d need much, much larger blocks. A database that grows at 8GB every 10 minutes will be 11,520GB of data added EVERY DAY. That is 11 Terabytes of data DAILY. 1TB of data costs ~3,500$ a year to store right now. Meaning this blockchain will cost 14,000,000 USD to manage and will grow at that rate every year. Its a stupid fucking idea and it WILL NOT work for global commerce. Layer 2 solutions are necessary.

[Anonymous No.17426033]

>>17425989
This isn’t even mentioning the throughput constraints of blocks that large, which wouldn’t even make blocks this big possible on a decentralized network

[Anonymous No.17426036]

>>17425986
if that is what you think russia or north korea awaits you with open arms. go now!

[Anonymous No.17426041]

>>17425962
Nothing spells strength like diversity. Certainly the best way to have a strong nation is to allow foreign nationals into the highest echelon of your businesses and government. That is absolutely the best way to retain strength on a global scale. Yep, that never causes technology to be stolen or social policies to be passed that lower communal trust.

tl;dr you're a fucking idiot and need to kys immediately.

[Anonymous No.17426063]

>>17425989
>1TB of data costs ~3,500$ a year
OH NOES!!!!!!!! NOT $3,500 HOW WILL THE HUNDRED MILLION DOLLAR MINERINOS EVERY AFFORD $3,500!?!!

[Anonymous No.17426097]

>>17426041
russia is the biggest multikulti shithole on earth go there then.

[Anonymous No.17426118]

>>17426063
It would be 14M USD the first year faggot, read the entire thing. 28M the next, 42M the year after that.

[Anonymous No.17426121]

>>17426097
Are you actually so fucking dense that you think I'm arguing in favor of multiculturalism?

Thank fuck you're going to lose all your money on Segwit or whatever collection of shitcoins you own. You don't deserve Bitcoin. Absolute retard.

[Anonymous No.17426161]

>>17426118
>It would be 14M USD the first year faggot
No it fucking wouldn't. Where the fuck are you getting 14M from?

[Anonymous No.17426192]

>>17424610
for someone with "superior intellect" he sure types like a pajeet.

[Anonymous No.17426196]

>>17426063
Blockstream - funded by Bilderberg group - saved Bitcoin by refusing to raise the 1mb block cap, preventing the blockchain from becoming cripplingly large. If they had not done this the blockchain could be as large as 500gb today meaning that Bitcoin node operators would have to upgrade from 500gb hard drives and pay for more storage space, ultimately leading to financial ruin and the death of the network.

[Anonymous No.17426202]

Can someone photoshop Creg Sanjay into this, will send you some satoj's if you post your mb/handcash

[Anonymous No.17426206]

>>17425989
>>17426161
Read the fucking post you mongrel.

[Anonymous No.17426256]

BSV has 2nd layer team and LN patents!!

[Anonymous No.17426260]

>>17426196
>that Bitcoin node operators
You mean miners? You do realize they are paid to do what they do right?

>>17426206
Your post is nonsense. Your assumption is that hardware costs don't decrease and that miners wouldn't make a fucking killing from facilitating that much volume, because you're a fucking moron.

A 1 gig block pays out like 25 BSV in fees alone. So scale that up 8GB would payout 200 fucking BSV and by the time the network is pushing out that volume the price of BSV would be astronomical. Give me a fucking break.

[Anonymous No.17426262]

what's the point of even arguing? just ignore/block BSV threads and breath a sigh of relief when Craig exit scams and suddenly all the pajeets move on to schilling the next "real bitcoin!!!"

[Anonymous No.17426273]

>>17426262
>Craig exit scams
>PoW

I bet you hold Chainlink.

[Anonymous No.17426284]

>>17426262
The best time for him to exit scam was years ago

Hes here for the long haul

Get used to it

[Anonymous No.17426294]

Also people who are about to pull an exit scam dont usually surround themselves with courts and lawyers and patents leaving a massive paper trail everywhere, constantly

[Anonymous No.17426308]

>>17426294
Or hold massive conferences or typically bother with PoW at all. Scammers just make a premined shittoken on ETH and dump on retarded /biz/raelis.

[Anonymous No.17426328]

>>17426260
>You do realize they are paid to do what they do right
this is the crux of the btc socialists minds.

Imagine that google was processing 20 petabytes a day in 2008 with their shit ad based data harvesting business models and these retards can't comprehend that miners get paid sat/byte directly

In 100 years no one will comprehend why people ran the internet prior to the invention of a currency that could keep up the scale and resolution of information systems

[Anonymous No.17426337]

>>17426063
1TB 3500$... wtf u talking about kek.

[Anonymous No.17426341]

>>17426308
>>17426294
>>17426284
what stage of cope is this

[Anonymous No.17426380]

>>17426341
I can't wait for the day you finally realize you fucked up.

What will it be, $1,000 BSV, $3,000 BSV, $10,000 BSV? The panic you're going to feel, all of it. I'm SO excited for you.

[Anonymous No.17426381]

>>17426341

You dumb faggots have been calling CSW's "exit scam" for the past 5 years, speak for yourself

[Anonymous No.17426414]

>>17426260
Hardware costs have only decreased 50% in the last 5 years. They will not be able to keep up with the speed of an 8GB blockchain. Again, not even mentioning the issues of throughput with blocks this big, it is literally impossible to run a decentralized network dealing with these data storage constraints. Miners would be paying INSANE amounts of money to store the chain think of the physical size of these data centers. Forget about any level of decentralization. If your not decentralized there is no point in running a fucking blockchain

[Anonymous No.17426473]

>>17426414
100s of corporations and 100s of governments is decentralized. This doesn't require your laptop in your mothers basement.

I don't give a shit if you think 100 or 300 thousand dollars a year for storage is a bunch of money when each block is $50,000 ($250 BSV) - $5,000,000 ($25,000 BSV).

Large data centers were always the scaling direction of Bitcoin. The fact that you type that out as if it's some kind of argument tells me you haven't done your research. Stop listening to fucking idiots like Peter McCorecuck.

[Anonymous No.17426481]

>>17426473
>each block is $50,000 ($250 BSV) - $5,000,000 ($25,000 BSV).
Assuming your 8GB blocks

[Anonymous No.17426482]

>>17426414

Every major city in the world having it's own industrial grade mining facility is way more decentralized than a million raspi's all hooked up to cloudflare/AWS waiting to get zero day'd. Mining will be an incredibly profitable venture.

>Miners would be paying INSANE amounts of money to store the chain think of the physical size of these data centers

Yes they will gladly do this too, just like Google does now. Pruned data is not valuable data, it's just a hash.

[Anonymous No.17426490]

>>17426473

Exactly!

[Anonymous No.17426498]

>>17426414
>I don't understand the concept of profit
>I don't understand economies of scale
>I repeat the word decentralized but never define it

[Anonymous No.17426708]

>>17426414

*crickets*

[Anonymous No.17426992]

>>17425170
Bsv is a fork of a fork of bitcoin. Forks tend to not do so well

[Anonymous No.17427063]

>>17425409
>Facebook will totally overtake MySpace you guys
>ohwait.jpg

[Anonymous No.17427073]

>>17426992
BTC is the fork; agree that fork tend not to do so well, just a matter of a month or two now before miners abandon BTC en masse

[Anonymous No.17427116]

>>17426414
actually, all medium-to-large-sized data centers had at least 500-1000 or more petabytes of storage capacity 5 years ago, and now it's even more accessible, and in 5 years it will be even more so; that means that any data center could easily manage terabyte blocks (~50 petabytes each year) from today and onward if the network were to suddenly expand (which is exactly what will suddenly happen at some point), and with every major economy running one or more such center that would still be massively decentralized through hundreds of competing mining operations

[Anonymous No.17427179]

SV is just brainlets, contrarians and trolls.
I mean it's funny that something presses someones buttons by just mentioning it, I get it.
I feel bad for all the losers that get suckered into it because they think they are playing underwater 4d double chess

[Anonymous No.17427255]

>>17426473
exactly

there are roughly 50,000 blocks mined each year, and if we assume there are 100 different mining operations dispersed through major economies, that means each such operation will be mining 500 blocks each every year
now let's say they're mining 8 GB blocks, that means around 420 TB each year, and using some intermediately priced hard drives (not too cheap, not too expensive) at roughly $40/TB, that amounts to $16,800 in hard drive costs per year; this is minuscule and laughable for any decent mining operation, and at each operation mining 500 blocks each per year as assumed previously with 100 different equally sized competitors, that means they would be able to cover their hardware costs with the equivalent of ~$34 in fees per block, which is $0.000004/kB in fees (not including any mining rewards, miners will have to do completely without those eventually, as this coming halving will make even more obvious)

let's also do the same quickly for terabyte blocks, let's say again there are roughly 50,000 blocks mined each year (although there's a bit more), which would mean 50 PB of data in total each year with terabyte blocks; now we're talking a bit more serious storage costs at current prices, roughly $2,000,000 in storage, which would mean that with the 500 blocks each competitor mines, they'd need to collect $4000 in fees each block to cover storage costs, still $0.000004/kB since the only difference in these calculations are the scale

[Anonymous No.17427296]

>>17427179

>they think they are playing underwater 4d double chess

No it's literally just bitcoin as described in the whitepaper

That's it

[Anonymous No.17427342]

>>17427255
fucking checked

[Anonymous No.17427364]

>>17424827
audible kek

[Anonymous No.17427767]

Alts are worth a look, great fundamentals will always prevail at anytime, tachyon is a solid project imo

[Anonymous No.17427798]

>>17427767
>great fundamentals will always prevail at anytime
yes, which is why Bitcoin (BSV) is the only legitimate project
>Alts are worth a look
no
>tachyon is a solid project imo
check yourself for brain damage

[Anonymous No.17427806]

>>17426708
decentralised shmeeshmenshralized

[Anonymous No.17427839]

>>17427255
Good rundown, anon. Also checked.

>>17427767
Alts aren't worth shit. All roads lead to Bitcoin.

[Anonymous No.17427847]

>>17427255
not to mention with terrabyte blocks there would be 10 000 BSV in fees at 1 sat/byte. Try buying 14.4m BSV daily just for fees. It's obvious the bytes per sat will increase massively to make that a more realistic figure.

[Anonymous No.17427867]

>>17427847
the guy from Mempool who spoke at the conference just a few days ago said they're already accepting transactions for 1 sat/kB for people using their API, and that they were about to reduce that to 0.25 sats/kB

[Anonymous No.17427897]

No one gives a shit about BSV and no one would give a shit about BTC if it wasn't the biggest crypto and held the entire market hostage.

[Anonymous No.17427903]

>>17427897
>no one would give a shit about BTC if it wasn't the biggest crypto and held the entire market hostage
true
>No one gives a shit about BSV
false

[Anonymous No.17427923]

>>17426381
It's gonna be a slow exit scam. Probably a slow sell off and let it slide off into shitcoin oblivion while Craig and Calvin fuck off somewhere outside of US extradition laws. Mark my words.

[Anonymous No.17427924]

>>17427897
One day you'll realize Bitcoin is the only thing that matters.

[Anonymous No.17427947]

>>17427923
>invest hundreds of millions of dollars, put in blood sweat and tears, be defamed and have name relentlessly dragged through the mud, not a premined shittoken so the only thing you can dump on the market is coins you mined

This would go down as the dumbest fucking exit scam in history and the perpetrators would be leaving behind the only version of Bitcoin that actually works.

[Anonymous No.17428032]

>>17427947
>Go back and edit your 2008 blog post and change it say you're launching Bitcoin tomorrow
>Claim the 2nd draft of the Bitcoin White paper was written by you in 2004 before the first draft of it was written
>Claim you own wallets that you don't even own in court under penalty of perjury
>Obfuscate the truth in court by dumping tens of thousands of pages of documents that prove nothing
>Use mental gymnastics to justify refusing to just sign the keys
>Supposedly a "secret billionaire" but needs Calvin's money

He's doing a good enough job making himself look like a lying scammer, he's in too deep at this point anyway to reverse course, eventually his lies WILL catch up to him and there will be people looking to arrest him or at minimum break his kneecaps with a bat for defrauding them. I don't claim to know what his thought processes are but he's clearly mentally ill.

[Anonymous No.17428072]

>>17428032

Hes always had the keys for block 0-9 though

[Anonymous No.17428074]

>>17428032
Let's say that's all true. How does that refute what I said about investment and it being the dumbest exit scam ever? Again in case you didn't know, Bitcoin is Proof of Work. This isn't a premined shittoken. For them to "exit scam" they can only sell what they've mined. That's a pants on head retarded plan and they're still left with hundreds of millions of equipment (miners) to somehow dump. They'd make a profit, sure, but it wouldn't even be a scam at that point because everything they did was literally earned through work. And yet again they'd be leaving behind the only scaled and working version of Bitcoin.

[Anonymous No.17428084]

>>17428032
>He's doing a good enough job making himself look like a lying scammer,
This is the reason I have never believed in SV and will never buy it. If there was an identical project with the same notoriety and the same technicals that wasn't associated with a clown like this I would've bought without thinking twice. Professional bullshitter weasels like him are always a red flag in any project. I get the same vibes than with the people that peddled scams like Bitconnect and every chink project from 2017-2018. He's just another expert at scamming neurotypicals.

[Anonymous No.17428105]

>>17428084
If you think Bitcoin is at all anything like Bitconnect then you don't even know how Bitconnect operates.

Let me guess, you're into defi and the like. Aren't you?

[Anonymous No.17428120]

>>17428072
>Believing Craig is Satoshi because of hearsay
What an absolutely retarded old man

>>17428074
Calvin controls more than half the hash rate of BSV. I said earlier it's not gonna be a quick exit scam. These people are legit narcissists and they're not fueled by greed primarily, theyre fueled by ego and grandiose narcissism, that's absolutely clear. If Craig can create enough reasonable doubt, he can keep his charade going and he will keep his cult going. How you can see all the evidence I pointed out as to why I think he is NOT Satoshi and still believe anything that comes out of his mouth is absolutely beyond me. He's discredited himself time and time again, and why would you believe he suddenly decided to become an honest man after at least a decade+ of being a con artist is something I will never understand.

[Anonymous No.17428135]

>>17428105
Your baseless assumptions don't matter. I am just saying that he speaks and acts like a conman, and his followers are the kind of gullible people that fall for conmen.
He refuses to prove he is Satoshi and that's all that matters.

[Anonymous No.17428155]

>>17428135
There's way more reasons to believe he's a bullshit artist, but what you just said is all any sane rational person would need to know he's a lying scumbag.

Until he signs the fucking keys or provides some other form of absolute concrete proof, hes a con artist.

[Anonymous No.17428173]

>>17428120
>muh con artist
oh it's getting old anon

[Anonymous No.17428188]

>>17428173
>Con artists, narcissists, and sociopaths never end up with fancy titles

Currynigger there's no way you believe I'm this gullible

[Anonymous No.17428229]

>>17428188
you seem to bend over pretty easily for greg to insert his inventions inside you m8

[Anonymous No.17428261]

>>17428229
That's always the first argument you pajeets use when someone criticizes your messiah. Because I think Craig is a liar, it means I must think Greg is the greatest human being to ever live. I don't give a flying fuck about Greg one way or another. He's not the face of BTC. BTC doesn't have somebody's fave and ego attached to it, its supposed to be the people's money. Craig is such a shitstain though that BSV will forever be tainted with Craig's underwear skidmarks because of how shitty he is. When people think of BSV, they think of him. This is the reason it'll NEVER overtake BTC.

[Anonymous No.17428263]

>>17428135
>he refuses to prove he’s Satoshi and that’s all that matters

betas believe this

[Anonymous No.17428268]

>>17427296
This

[Anonymous No.17428274]

>>17428263
The definition of being a beta is believing some lying faggot's words even after he refuses to prove it

[Anonymous No.17428275]

>>17427073
This

[Anonymous No.17428282]

>>17424587
One is a pipe dream. The other is a literal scam on those wishing they could have gotten in on the bottom of the pipe dream

[Anonymous No.17428321]

>>17428261
lmao, just keep ignoring bsv and attacking craigs character
it's literally the gameplan
again, pic related
>muh scammer

[Anonymous No.17428340]

>>17428321
Nothing in that picture is new to me nor does it disprove he's a bullshitter

[Anonymous No.17428352]

>>17428340
ok buddy, have a nice life.

[Anonymous No.17428399]

>>17424715
>he thinks bitcoin is meant to be a payment system
It only has 21 million coins for fuck sake. It was always meant to be gold.

[Anonymous No.17428721]

>>17428399
ACTUALLY retarded.
One Bitcoin is one hundred million satoshis and you can add more and more decimals as price increases.
There are 2.1 quadrilion satoshis.

[Anonymous No.17428960]

>>17425604
there is a good part of the bsv community which are just cultist
of course, the majority is still the bounty program pakis