BCH

[Anonymous No.18457744]

Why has Bitcoin Cash cratered so hard since the halvening? I've been buying it up on the way down with my PnD shitcoin profits but it just keeps falling

[Anonymous No.18457808]

>>18457744
The only thing it offers is fast and cheap transactions.

BSV does the same thing, but offers a lot more.

There’s nothing exciting about BCH.

I still see the “I just bought pizza at my local pizza shop with Bitcoin Cash!!!” posts on reddit like I’m supposed to be impressed. This isn’t 2015 anymore.

[Anonymous No.18457829]

>>18457744
wait for it bro. BCH always makes violent moves up and down.

collecting now is a good idea. sell at 0.05 btc

[Anonymous No.18457834]

>>18457808
>but offers a lot more
lol not really i mean you fags circle jerk about all sorts of "applications" but truth is everything works better without a fucking blockchain which is just a clear drag on any service.

[Anonymous No.18457841]

>>18457808
>The only thing it offers is fast and cheap transactions

Isn't that like 99% of alts?

[Anonymous No.18457850]

>>18457829
I have a sell order at .052.... we're going to make it.

[Anonymous No.18457853]

>>18457834
That’s not true at all. Stop lying please fren

[Anonymous No.18457858]

>>18457829
i did and i'm not buying back until this dev tax retardation is put to bed in final and no uncertain terms.

[Anonymous No.18457859]

It happened with LTC too, apparently the halvening meme doesn't work with altcoins

>>18457808
>bch better than bsv
>bsv better than bch
disregarded

[Anonymous No.18457860]

>>18457834
if you don't understand blockchain, go buy some stocks.

[Anonymous No.18457881]

>>18457829
Sell at $1?

[Anonymous No.18457921]

>>18457853
it's true there is no database that is less efficient or more burdensome than a blockchain.
also none of the advantages bitcoin offered can be found on bch or bchsv.
since neither one is byzantine fault tolerant neither is trustless, permissionless or secure.

the only real bitcoin is and always was btc. in fact the only real crpyto is btc.
that said it's good to keep an eye on bch because the shitforks are insanely resilient against chain death. which is admirable as much as cockroaches are admirable.

[Anonymous No.18457927]

there's always an immediate post halving dump. but in reality, everything relies on the REAL bitcoin. until that halves and pumps, everything will fight over the crumbs of the king like the insects they are

[Anonymous No.18457933]

>>18457850
Why are you selling the real bitcoin for BTC?

[Anonymous No.18457949]

>>18457860
rofl i probably understand it a hundred times more than all cashie cucks together on this board.

[Anonymous No.18457978]

>>18457927
you know btc will dump into and after the halving like it always did and like everything does.
buy the rumor sell the news! scarcity will hit a few months later unless an other black swan hits.

[Anonymous No.18457997]

>>18457744
>>18457808
This. Except for the bsv part. The traditional banking system already provides just as cheap, more secure and convenient transacting ability. The only thing a peer to peer electronic cash has over the establishment is its decentralisation. It will take a major loss of trust (like 2008) for people to look for alternatives. And if that happens, you'll have plenty of time to buy bch before the herd.

[Anonymous No.18458006]

Seriously anons, why this shit should pump and not doing what LTC did after halving? (shit)

[Anonymous No.18458130]

>>18457881
TOP KEK

[Anonymous No.18458153]

>>18457744
Halvening only impacts Bitcoin and the impacts are really felt a year after the fact. Also in the current environment even that is not guaranteed.

[Anonymous No.18458200]

>>18457841
Yes yes good. You're starting to understand

[Anonymous No.18458291]

>>18457978
yep, you are right. halving pump usually happens 3 months or so after the halving

[Anonymous No.18458439]

>>18457808
>so what does bsv do?
>well it is like bitcoin right?
>but with apps
>omg

[Anonymous No.18458471]

>>18457744
Why the fuck do you think?

[Anonymous No.18458477]

>>18457744
BCH is the swingtrader coin. Stacking sats with this is even better than with LTC.

[Anonymous No.18458672]

>>18457859
>halvening meme doesn't work with altcoins
Exactly why BTC is going to crater. Can't wait.

[Anonymous No.18458770]

>>18458672
me too, let's hope it craters in dominance and not in market cap tough

[Anonymous No.18458888]

>>18458770
>let's hope it craters in dominance and not in market cap tough

They expect one of us in the wreckage, brother.

[Anonymous No.18459767]

Spoiler; bch isn’t going anywhere. Roger and Jihan won’t let it die anymore than Calvin will let BSV tank.

[Anonymous No.18460203]

>>18459767
Two entities can't keep it going. The whole point of the tech is communal upkeep by miners. Btax has scared away any prospective miners.

[Anonymous No.18461047]

>>18460203
>Two entities can't keep it going
why not? they can go all the way to 0.001% hash it wouldn't be any worse than 0.7% or 2.5%.

[Anonymous No.18461092]

>>18461047
How would that not be worse?

[Anonymous No.18461107]

>>18461047
hint: they are both going broke

[Anonymous No.18461143]

>>18461107
lmao nigga Bitcoin Jesus and Jihan together are like 10 billion usd that backs BCH.

BSV has calvin the billionaire as backing

what does BTC have?

cuckstream, worth 200 mil, running out of funds.

[Anonymous No.18461158]

>>18461092
it's the same thing fundamentally. you don1t get special cookies for 1% hashrate in the nakamoto consensus.

[Anonymous No.18461177]

>>18461143
>what does BTC have?
consensus

[Anonymous No.18461205]

>>18457744
Because halving the reward for market participants is a bearish fucking event.

Go to any warehouse and tell the workers they have to do the same work and you're cutting their pay 50%. WTF do you think is going to happen?

2012 and 2016 halving events were bullish because there was literally a handful of fiat off ramps, so everyone was holding back then. There are so many outlets to offload into fiat now, that selling pressure has never been higher than it is today.

The effects of halving is a MICRO economic event, not a MACRO economic event. Change your perspective, anon.

[Anonymous No.18461262]

>>18461158
>it's the same thing fundamentally
No it's not. Not at all actually.

>you don1t get special cookies for 1% hashrate
Who is saying you do? But it's foolish to assume hashrate is static.

[Anonymous No.18461269]

The elephant in the room fucking your mom is too polite to point out that em the entire market is propped up by the good graces of Bitfinex and their tether pumps. The true market value of core is a like $1000 without USDT printing.

[Anonymous No.18461351]

>>18461269
Which would put BCH and BSV at 100$ and 20$ respectably

[Anonymous No.18461373]

>>18461262
>No it's not.
of course it is, it offers the exact same byzantine fault tolerance so long you are under 50%.
all it changes is how much it costs by the hour to attack the network precisely.

[Anonymous No.18461381]

>>18457744

Bitcoin cash rewards have gone down so people have switched to more profitable chains.

[Anonymous No.18461412]

>>18461143
>BSV has calvin the billionaire as backing
actually while allegedly he has 1.2 billion net work (which is probably bullshit because he is not even on the forbes billionaire list, he owes the us government 350 million. so even if we could believe him he would still not be a billionaire.

[Anonymous No.18461540]

>>18461373
Which disincentivizes attacks. Although the nature of Bitcoin is that attacks are entirely disincentivizes out of the gate. Being honest in the system nets more profit than attacking. That is why despite the supposed hate for BSV (although it's pretty clear that miners like BSV) it still churns along and again this is all dynamic. The fact that BSV is maintaining it's hashrate at all and is still more profitible to mine than BTC which hasn't halved yet should be worrying to doubters. Couple that with the fact that miners in BSV have diversified into payment processing and you've got a beast of a system that isn't going away.

Btax is no threat and will soon be surpassed by BSV again at which point it'll fall into obscurity.

[Anonymous No.18461572]

>>18458439
nico bully gf

[Anonymous No.18461694]

>>18457744

[Anonymous No.18461714]

>>18461694
nioce

[Anonymous No.18461806]

>>18461540
>Although the nature of Bitcoin is that attacks are entirely disincentivizes out of the gate.
nah, you ignore shorting as an easy way to secure your profitability yon an attack.

[Anonymous No.18461837]

>>18461540
>The fact that BSV is maintaining it's hashrate at all and is still more profitible to mine than BTC
none of the forks are more profitable to mine on average that's not how mining works. any derivation from zero is only temporary. the shiforks adjust difficulty down very fast. otherwise it would still be massively unprofitable to mine bchsv at these rates.

[Anonymous No.18461891]

>>18461837
see chart related
https://bitinfocharts.com/comparison/mining_profitability-hashrate-btc-bch-bsv.html#log&3m
it's impossible to create a sustained profitability difference between the forks.
but as you can see hashrate on average halved as expected.

[Anonymous No.18461902]

>>18461806
>you ignore shorting as an easy way to secure your profitability

Apparently everyone else does too. Probably because it isn't feasible. By all means try it.

>>18461837
>none of the forks are more profitable to mine
Yeah, BTC (the shitfork) isn't more profitable than BSV (Bitcoin).

[Anonymous No.18461908]

>>18461351
Yup.

[Anonymous No.18461967]

>>18461902
>it isn't feasible
rofl you can't be this retarded
>By all means try it.
i would show you how it's done if i could get my hands on 1.5-2% of bitcoins hashrate.

it is not possible for miner profitability to deviate from equilibrium where the hashrate is distributed in the reward*price ratio. this is however not bullish tor the bch shitforks.

[Anonymous No.18462047]

>>18461967
So no? Surely Creg Blight's Buttcorn will be shorted and attacked into oblivion any day now!!!!

SV is more profitable to mine than Segshit and Segshit hasn't even halved yet. Less than a month away. Enjoy losing, faggot.

https://sv.coin.dance/blocks

[Anonymous No.18462063]

[Anonymous No.18462123]

>>18462047
the entire point is you can do it meanwhile you can't do the same with bitcoin. no single actor could possible get up one morning and decide to absolutely fuck over bitcoin by himself. he can't do it.
bchsv? easy as pie for any small to medium bitcoin miner. hell roger could probably do it with his coffee money.

[Anonymous No.18462137]

>>18462047
>SV is more profitable to mine
no such thing m8 next minute it will be btc more profitable don't fall for that bullshit indicator. any deviation from zero is only temporary and will evened out.

[Anonymous No.18462152]

>>18462063
I'm a BCH fan and I can start to see the cracks form under the hood with this miner tax. Big egos are coming to the front and the community is willfully ignoring it.

This is the problem with EVERY community. Even the BCH crowd are fantasizing about becoming millionaires so they can't see the flaws in their own protocol.

[Anonymous No.18462187]

>>18462152
>miner tax
the biggest mistake since the fork away from the nakamoto consensus.

[Anonymous No.18462210]

>>18462123
and yet they don't, you don't understand how the system works or why people decide not to attack it.

>>18462137
You're just cope posting at this point.

https://sv.coin.dance/blocks/profitability

Again this is AFTER BSV has halved and BTC has NOT halved. BTC is in a terrible position right now and this 30 day gap was suppose to give BTC relief.

[Anonymous No.18462293]

>>18462152
They’re not going through with it, fren. It’s community funding long enough for core to moon again so Amaury can add to his scarf collection.

[Anonymous No.18462369]

>>18462187
>>18462293
The IFP code was also left in, despite ABC ostensibly no longer supporting it. These are the cracks. Same thing showed up in Core before it fell apart.

[Anonymous No.18462690]

>>18457744
Because the idea of storing everything on chain with an inefficient blockchain data structure is fundamentally retarded. Lightning is a much better long term scaling solution, especially once we get channel factories and statechains that let you trade utxos completely off chain and even open lightning channels on top. Also this shitfork is getting its DAA gamed constantly and fluctuates between 0.5 and 3 percent of hash rate while whales pile on and solve a bunch of blocks until difficulty adjusts up, then they pull out and the network stalls for hours. The only hope bch has to succeed is to fork a new hash algorithm but they are too stubborn to do that and honestly think they will one day be the majority hash chain

[Anonymous No.18462772]

>>18462690
>Lightning is a much better long term scaling solution,

[Anonymous No.18462779]

>>18462690
>Lightning

>these people exist

[Anonymous No.18462856]

>>18462779
While I do love this picture, you are wrong for mocking lightning

[Anonymous No.18462874]

>>18462856
lightning fell off the radar for most people. I mean even the twitter moonboys don't talk about it much. That shows how little people care

[Anonymous No.18462922]

>>18462772
Fuck you bitch

[Anonymous No.18462946]

>>18462779
>casa node is lightning
the absolute state of brainlets

[Anonymous No.18462985]

>>18462922
Why would anyone use lightning? I mean to even explain bitcoin to someone is difficult. But then to, on top of that, say that bitcoin is this amazing technology but it doesn't WORK. You then have to explain that some other system has to work, then explaining that system and all the shit that goes into making a node. Most people would say it's just too complex and move on. And they're right to do so.

Right now bitcoin works because network traffic is low, so lightning is pointless and nobody on-boards. But if nobody on-boards now, there will be no way to off-set the volume when transaction volume increases.

[Anonymous No.18463001]

>>18462772
it's not primarily a scaling solution. but it provides exponential scaling capability in micropayments compared to just increasing the blocksize.

[Anonymous No.18463016]

>>18462922
Is he wrong? You don’t deserve that Mel Gibson poster, dick licker.


Fuck you.

[Anonymous No.18463030]

>>18462946
>casa node is lightning
That isn't what the picture is conveying at all.

>>18463001
>it's not primarily a scaling solution
You're either retarded, coping or both.

[Anonymous No.18463066]

>>18462985
People use cars all the time without understanding how the work. Why do they need to understand any of this?

[Anonymous No.18463111]

>>18462985
>Why would anyone use lightning?
well why would you accept anything else as a merchant? also low fees most likely. not to mention the capability to move funds immediately on a payment channel you be used for things like pay per minute streaming with minimal burden onchain but that's pretty fringe application i guess.

the reason why people first gonna adopt lighting is to move funds in and out of exchanges and between exchanges faster. waiting for confirmation is a bitch. and lightning is trustless.

then it may be irl retail. hell you could do public transportation pay per mile with lightning.

[Anonymous No.18463114]

>>18462874
Fuck twitter moonboys. Its growing and wallets are getting better. Breez and Phoenix are really good and normie friendly. The btc in lightning number everyone gives is for public channels, all wallets default to private channels these days which means the real number is unknown. The UX and channel management is getting way better. Payments very rarely fail anymore with multipath payments and if you actually follow the lightning dev community they are making a ton of progress.

Don't sleep on it, Bitcoin has the brand and the hash rate behind it and the average user won't even know that lightning is they'll just be onboarded directly onto it from the exchange. Plus check out LSAT api just released, easily allows payment integration on websites without username and password, lightning cookies are stored in the users wallet. Lightning derivatives for trading and discrete log contacts are also in work. All these updates will put so many alts struggling for a use case to differentiate

[Anonymous No.18463115]

>>18463066
Have you ever tried setting up a lightning network node thing? It's not for the average user. Driving a car is pretty easy. Also there's no real incentive to do so anyway. Cars get you from Point A to Point B. Bitcoin doesn't do much for many.

[Anonymous No.18463139]

>>18463030
you don't get what lightning truly does do you?
it gives you instant transactions in a trustless and secure manner. that's even worth a lot without additional scaling.

[Anonymous No.18463158]

>>18463114
>Its growing and wallets are getting better.

Not really. Lightning is pretty stagnant.

[Anonymous No.18463169]

>>18463115
Have you instead of believing 2 year old fud? Lightning is easy as fuck these days with latest wallets and just works

[Anonymous No.18463179]

Is 23 BCH enough to make it, or just a suicide stack?

[Anonymous No.18463183]

>>18463169
No it doesn't. If you're using some website or exchange you're not running your own node so you don't own your bitcoins. It's no different from a bank account at that point. No one is going to go through the trouble to just simulate fiat.

[Anonymous No.18463200]

>>18457744
Because every oldfag knows what's happening. And what do they do? Get price down as much as possible in the last few and next month. You would do the same. Think Anon

[Anonymous No.18463217]

>>18463158
I already explained that in the post you quoted, absolute brainlet.
Those are publicly known channels. Every wallet these days defaults to private channels and tor. The true amount locked in lightning is not known. To further spell that out for you, that's called privacy

[Anonymous No.18463222]

Oh, and I was NOT talking about Bitcoin Cash or SV or any of these scams. The original.

[Anonymous No.18463230]

>>18463217
>Every wallet these days defaults to private channels and tor.

Just making shit up at this point. GG moonboy.

[Anonymous No.18463260]

>>18463183
I already named two extremely simple UX wallets that are non custodial and you don't need to know jack shit about channels or inbound liquidity. Phoenix even runs a lightning node on your phone and you are beyond retarded to not see how these things are just going to keep getting better over time

[Anonymous No.18463284]

>>18463260
But are you running your own node? If not then it's worthless.

[Anonymous No.18463295]

>>18463114
sorry son but it looks like greggles and adam won't be getting their liquid sidechain patent

[Anonymous No.18463311]

>>18463158
maximum hops is still too big the network has a lot of shaping to do. exchanges will change everything. yes it will be more centralized but the number of hops will be under 4 on average and it will start seeing adoption.

too bad shops and other retail is still far away. there is simply no interest in accepting bitcoin in a working financial system.

public transport is the first where i think it could do a break through. instead of monthly and weekly passes and retarded prepaid cards you could just use a lightning channel to pay for your travel and automatically get the benefit of passes after x amount paid when you really using it and pay nothing when you are not using it. it's basically just a mobile app with minimal server backend and a few barcodes.

[Anonymous No.18463320]

>>18463230
Ok dude. Private channels are definitely the default but I guess you'd prefer to ignore how good lightning actually is getting right now. Pray for your shitcoin bags

[Anonymous No.18463327]

It's been going down for 4 years you guys are all new. Get out of bch and bsv they are dying coins that won't make it.

[Anonymous No.18463370]

>>18463284
There are like 5x more lightning nodes than bch mainnet nodes. Wtf are you talking about? Lightning has more nodes than most other coins shilled here combined

[Anonymous No.18463388]

>>18463370
>>18463370
If you can't run your own node it's worthless. Gotta validate your chain boyo! Can't let those evil miners win! No node = No go!

[Anonymous No.18463752]

>>18463388
If you care so much about nodes why use bch? That centralizes the nodes over time and hard forks constantly because the devs are incompetent. Ifp fork is still in your primary node software. Also its a fact there are more lightning nodes than bch mainnet nodes.
Go suck rogers dick some more

[Anonymous No.18463802]

>>18463752
I don't care about nodes. I'm saying if YOU argue that you don't need to run a node then why follow bitcoin's design philosophy which is all about running your own node? If you're fine with Poloneix or Binance or whatever running nodes because it's easier for users, why not say it's ok for big blocks to exist?

[Anonymous No.18463946]

If there is an influx of newbs in next bull run, they’ll grab shitcoin cash due to the name alone.

[Anonymous No.18464063]

>>18457744
Ch-ch-checked and
Ch-ch-chaindeath

[Anonymous No.18464077]

>>18463802
I never once said I was fine with not running a node. I also specifically said that Phoenix does include a full node running directly on your phone. Reading comprehension skills

[Anonymous No.18464099]

>>18463179
Somebody tell me if my stack is up to par, I need some fren perspective.

[Anonymous No.18464172]

>>18463802
Also got to point out the lunacy over you not caring about nodes. You support bch which is highly insecure hash fork and the miners fuck the DAA on a daily basis, its only a matter of time before double spend attacks start happening. Nodes are even more important to you but you are too dumb to realize

[Anonymous No.18464246]

>>18463066
paseq and insightbilleq

[Anonymous No.18464289]

Fucking retards all over. Have them be retards... there will unemployed retards all over soon enough

[Anonymous No.18465256]

>>18457841
And fiat. Shitcoiners bragging about fast transactions are retarded.