/biz/ - Business & Finance

[Anonymous No.18915393]

>he missed the $3.8k dip
>he missed the dip that would’ve given him financial freedom
>all he needed to do was buy 1
better luck next life

[Anonymous No.18915443]

>>18915393
I suggested to a friend of mine that he should buy one back when it crashed to 3300. He makes 100k+ a year, pays low rent, and spend thousands on stupid shit like eating out at expensive restaurants and vacations, but making a long-term investment in his future for 3300 bucks was a bad idea to him. I even explained the halving cycle, S2F, scarcity, etc but it was hopeless. I know he's gonna be salty as fuck when BTC is like 300k and he'll be texting me and calling asking how to buy it and I'm just gonna ignore him. Kek

[Anonymous No.18915476]

>>18915443
Funny, I make 100k a year as well. I have 4.7BTC, and your friend sounds like a typical normie

[Anonymous No.18915700]

>>18915443
>spends his youth living life and experiencing the world
>h-haha what a dumbass

[Anonymous No.18915733]

>>18915700
You know that you can do both if you aren't a complete poorfag, right?

[Anonymous No.18915740]

I only have 2... will i make i anon-kun?

[Anonymous No.18915748]

Buy after the halving crash

[Anonymous No.18915759]

>>18915393
I've got 1.11 and I feel pretty good about it. I have mixed feelings about a moonshot tho

[Anonymous No.18915859]

>>18915393

It's going to be enormously painful when the exodus to BCH begins, and BTC holders lose 97% of their investment.

[Anonymous No.18915869]

>>18915740
Same here
We won't
But I'm gonna pay my whoring/ next trip to Thailand and an awesome PC this Christmas entirely with bitcoin gains

[Anonymous No.18915878]

>>18915748
t. missed the dip and has been posting the same image for the last 3 weeks

[Anonymous No.18915884]

>>18915740
Nope. Unless you're private island rich, none of us will make it

[Anonymous No.18915981]

>>18915740
200k - 600k depending on how ballsy you are. It’s not making it, but close.

[Anonymous No.18916004]

>>18915859
>using a potentially non-secure chain
ngmi

[Anonymous No.18916132]

>>18916004

By definition BTC is unsecure, because, without second-layer solutions, you get $100 transaction fees and 1-week waiting times when the price goes even to $20,000. This means that BTC will never have true privacy, because it will never be peer to peer. Everything will eventually be tracked and monitored just as it is with bank transactions.

You got conned by the banks and financial institutions backing Blockverse. There is a reason why the mainstream media is so enthusiastic about BTC.

[Anonymous No.18916173]

>>18916004

By definition BTC is unsecure, because, without second-layer solutions, you get $100 transaction fees and 1-week waiting times when the price goes even to $20,000. This means that BTC will never have true privacy, because it will never be peer to peer. Everything will eventually be tracked and monitored just as it is with bank transactions.

You got conned by the banks and financial institutions backing Blockstream. There is a reason why the mainstream media is so enthusiastic about BTC. Cash out while you still can.

[Anonymous No.18916203]

>>18915859
Bitcoin cash is a failed attempt to take over by chinks and institutions. one reason BTC exploded in 2017 was it successfully fended off this transparent attempt to control the nodes.

[Anonymous No.18916221]

>>18916173
>will eventually be tracked and monitored
that's a significant upside feature, mong

[Anonymous No.18916300]

>>18915869
holy shit same here!

[Anonymous No.18916356]

>>18916173
>By definition BTC is unsecure, because, without second-layer solutions, you get $100 transaction fees and 1-week waiting times when the price goes even to $20,000.
Waiting times and transaction fees have nothing to do with security.
>This means that BTC will never have true privacy, because it will never be peer to peer.
This statement makes no sense, it is by definition a peer to peer algorithm that never claimed to offer ANY privacy
>Everything will eventually be tracked and monitored just as it is with bank transactions.
It literally already is considering btc uses a PUBLIC LEDGER DUMBFUCK

[Anonymous No.18916372]

I bought at 10.7k and sold at 3.8k thinking I'd be able to buy back in at 1k or something. I'm not very good at this.

[Anonymous No.18916594]

>>18915859
isn't BCH already unironically dead? all the OG schizoids went to BSV

[Anonymous No.18916627]

>>18916372
I sold at $5.5k just because I was scared and wanted some money in my account. It stings a bit but my reasoning was sound, so I'm not particularly upset.

[Anonymous No.18916674]

I only have 1. fuck

[Anonymous No.18916783]

Guy at work is the same. Some clever people just don’t have an open enough mind. Can’t see when the future is staring them in the face.

I rode out so many crashes cos I have a long term perspective. Trading is a losers’ game, it’s too emotional and you get bogged.

[Anonymous No.18916797]

>>18916372
holy shit I would kill my self if that happened to me

[Anonymous No.18916925]

>>18916173
If everything is on the base layer you get even less privacy dumbass. The way Bitcoin works in the base layer is the entire network has to learn about your transaction. Telling the entire world you are sending money and having them validate it isn't really peer to peer at all from a privacy standpoint, only in the actual settlement.
On layer 2 only the routed peers find out and those payments are forwarded as tor onions so really only the endpoint knows the actual payment. You can do millions of transactions and the base layer only sees the final delta amount if you close the channel. And privacy will get even better with ptlc over htlc once we get schnorr

[Anonymous No.18916997]

>>18916797
Meh I had only 2k worth so its whatever.

[Anonymous No.18917023]

>>18916925
>Telling the entire world you are sending money and having them validate it isn't really peer to peer at all from a privacy standpoint
>peer to peer from a privacy standpoint
????????
>telling the entire world ... and having them validate it isn't really peer to peer
???????

[Anonymous No.18917113]

>>18917023
Peer to peer privacy means I tell you I'm giving you money and nobody else knows about it. On the base layer Bitcoin is the complete opposite of peer to peer in terms of privacy. Everyone hears everything. On layer 2 only a tiny fraction of the whole network hears about the payment and they don't even know who its going to.

[Anonymous No.18917317]

>>18916203

Mike Hearn and Gavin Andresen, who are sympathetic to BCH, are the original devs, and were the closest people to Satoshi Nakamoto. Satoshi endorsed Gavin as his successor before he disappeared. As for Hearn, he explained in 2016 that Bitcoin was a scam coin, and, predictably, after rising to $20,000, it promptly crashed down to $2,500 when things turned out exactly as he predicted they would. Look into this.

>>18916356

Do not pretend that peer-to-peer pseudonymity is anything like making transactions in a bank. Besides which, BCH has an optional privacy setting.

>>18916594

BSV is basically just Craig Wright and his personal team of miners. BCH has a massive community. All the original passionate Bitcoin people are still there. I don't post on Reddit, but just look at /r/btc. 300,000 subs as compared with something like 2000 on the sv forum.

[Anonymous No.18917332]

>>18916203

Mike Hearn and Gavin Andresen, who are sympathetic to BCH, are the original devs, and were the closest people to Satoshi Nakamoto. Satoshi endorsed Gavin as his successor before he disappeared. As for Hearn, he explained in 2016 that Bitcoin was a scam coin, and, predictably, after rising to $20,000, it promptly crashed down to $2,500 when things turned out exactly as he warned they would. Look into this.

>>18916356

Do not pretend that peer-to-peer pseudonymity is anything like making transactions in a bank. Besides which, BCH has an optional privacy setting.

>>18916594

BSV is basically just Craig Wright and his personal team of miners. BCH has a massive community. All the original passionate Bitcoin people are still there. I don't post on Reddit, but just look at /r/btc. 300,000 subs as compared with something like 2000 on the sv forum.

[Anonymous No.18917391]

Im at 1.05 BTC now averaging in at 7.5k. Not good not terrible either

[Anonymous No.18917429]

>>18917113
Peer-to-peer (P2P) computing or networking is a distributed application architecture that partitions tasks or workloads between peers. Peers are equally privileged, equipotent participants in the application. They are said to form a peer-to-peer network of nodes.

Nothing suggests that something isn't peer to peer because it isn't private. The phrase "peer to peer in terms of privacy" makes no fucking sense.

[Anonymous No.18917686]

>>18917429
Dude you know that I meant by that, I was just making a point to the guy saying the base layer is private because it is "peer to peer." The movement of the Bitcoin itself is truly peer to peer because there are no intermediaries handling the money along the way. But the entire network is an intermediary on whether or not my transaction is valid to actually send, because I have to announce to everyone and they have to confirm it before I can do it. There is zero privacy to the transaction because that aspect of it involves more than just me and my direct peer.

[Anonymous No.18917698]

basically same here bro

[Anonymous No.18917780]

>>18917686

You can use coin mixers and payment codes to attain a reasonable level of privacy on BCH. Look into CashShuffle. For maximum privacy, Monero or XMR has a unique use-case. Hence I buy both BCH and XMR. But BTC is destined to have zero privacy by its very nature.

[Anonymous No.18917797]

>>18917780
>BTC is destined to have zero privacy by its very nature
this isn't true either god what the fuck is it with you people and these strong absolutes fuck

[Anonymous No.18917880]

>>18916004
>>18916203
summary of BTC refusing to just increase the block size beyond the size of a PNG image:
>splitting the community
>losing all adoption
>reputation in the shitter
>ton of technical debt from overcomplicated block weight concept

[Anonymous No.18917967]

>>18915748
How many pajeets do they pay to make crypto fluff content?

[Anonymous No.18918128]

>>18917780
Btc with coinjoin or payjoin into a lightning channel is more private than bch with cash shuffle with the added advantage that you don't have to spam the base layer every time there is a minor transaction. Plus none of the base layer mixing services have a big anonimity set on any of these coins yet so easy for them to be sybiled. Hopefully that changes over time. Managing tons of utxos on the base layer is really difficult because you can very easily link your cashshuffle or coinjoins to toxic utxos and dox yourself accidently. If you want true privacy don't use Bitcoin at all but if you do I would prefer to fully spend a single carefully managed utxo to open a lightning channel to use for all transactions needing privacy