/biz/ - Business & Finance

[Anonymous No.3186191]

the lighting network requires a subscription fee to use. holy shit.

[Anonymous No.3186231]

No fucking shit anon

Blockstream now has SegWit jammed into BTC and it can't be removed, next they're going to lower the blocksize and force everyone into SegWit transactions and LN so everyone is stuck using bank-run LN hubs because they're the only ones "cheap" enough to send a transaction under $1,000

You will pay a sub fee, submit to AML/KYC, and pay your fees to bankers instead of miners.

Enjoy your new shitcoin, should have bought Cash.

[Anonymous No.3186234]

specifically, you don't pay transaction fees, but rather a monthly subscription to blockstream to use bitcoin. im not even fucking with you guys.

holy. fuck.

[Anonymous No.3186244]

>>3186234
WHT the Fuck? Source?

[Anonymous No.3186249]

>>3186234
yeah sure

fucking low tier fud

[Anonymous No.3186252]

>>3186244
https://www.reddit.com/r/btc/comments/6vhxn3/the_lightning_network_actually_seems_awesome_but/dm0qmrp/
from the horses mouth

[Anonymous No.3186253]

>>3186231
>Enjoy your new shitcoin, should have bought Cash.

it's not like BTC holders can't buy worthless BCC any time if they really wanted to

[Anonymous No.3186255]

[Anonymous No.3186261]

>>3186249
ur a fucking retard

[Anonymous No.3186265]

What the fuck that Gook Jeb Bush litecoin Charlie is pulling a fast one on us?

[Anonymous No.3186268]

>>3186244
>>3186249
are you two actually retarded? all this lightning network talk and you don't even know what the fuck it is?

FUCKING HELL LOL

[Anonymous No.3186297]

>>3186253

> Worthless BCC

Ya shitstain, not like it completely wrecked Litecoin and hundreds of other cryptos before it even existed, and has got ripple fighting for 4th place.

Kys

[Anonymous No.3186318]

>>3186191
It doesn't. You're just retarded and lack reading comprehension.

[Anonymous No.3186352]

>>3186318

Thanks core shill, tell us again how LN is going to magically fix the clusterfuck of transactions so that people can start making SegWit transactions so people can start using LN

[Anonymous No.3186356]

>>3186352
they actually want to decrease block size(fact) to keep blocks full and force people to use ln(opinion)

[Anonymous No.3186360]

bitcoin cash is going to moon. get in now

[Anonymous No.3186370]

>>3186360

[Anonymous No.3186386]

>>3186191
Stop this fucking madness and buy iota.

Time to liberate ourselves from the bitcoin cartel.

[Anonymous No.3186400]

>>3186318
>Essentially they become subscription fees to use Bitcoin, rather than per-transaction fees.

What does this mean to you?

[Anonymous No.3186407]

>>3186318

[Anonymous No.3186455]

holy fuck holy fuck holy fuck

they were waiting for segwit to activate before dropping this bombshell

and lightning is fucking patented so they're the only show in town. they're even suing the segwi2x team to prevent competition. they profit from EVERY bircoin transaction because the 1mb limit prevents on chain transactions

holy fuck, the small block shilling all makes sense now

[Anonymous No.3186478]

>>3186352
>fix the clusterfuck of transactions

What the fuck are you even talking about? The mempool backlog? Those transactions get evicted if N hours pass (72 by default) or if they get re-broadcast and validated.

And where have you idiots gotten the idea that LN is subscription-based from I wonder? The comment in the pic perhaps? I know it was, no need to lie. Now re-read it until you realise you are fucking idiots and failed at basic reading comprehension.

So much conviction and time spent astroturfing and you can't even grasp the basics of how bitcoin or the English language works. Nice dunning-kruger effect, brainlets.

[Anonymous No.3186484]

>>3186252
Read the entire thread, thats out of context

[Anonymous No.3186496]

>>3186455
You are retarded.

[Anonymous No.3186519]

FUD harder faggots

[Anonymous No.3186566]

>>3186400
It means you are a fucking idiot.

Now re-read the whole comment you're selectively quoting and try think really really really hard, push that little brain to the limit. You've got this.

[Anonymous No.3186567]

>>3186519

There's nothing to FUD

Bitcoin is in the banks aka Blockstream's hands

>LN=No more decentralization, only usable by the rich

[Anonymous No.3186585]

>>3186567
you dont know what you're talking about

fud harder

[Anonymous No.3186609]

>>3186585

KYS shill, Blockstream keeps letting their plans slip because theyre straight up megalomaniacs and you dumbfucks keep sticking up for them

SegWit/LN is the death of Bitcoin

Long live the king

[Anonymous No.3186626]

>>3186609
Man you're retarded, the crypto community would be better off without you lying, greedy fucks

[Anonymous No.3186643]

So when segwit2x goes through with a hard fork, do I just get my bitcoins on that fork?

I will never pay a subscription, so it's either stop investing in bitcoin or hold my bitcoins so i can have them on the segwit2x fork.

[Anonymous No.3186652]

>>3186626
the irony

[Anonymous No.3186658]

>>3186585
lol

subscription = goodbye

i dont have to pay a fucking subscription to invest in anything else lol

see you when eth market cap is $500b, shitbird

[Anonymous No.3186670]

>>3186643
blockstream is literally suing the segwit2x team using its segwit patents. no idea what will happen to segwit2x. they have an entire legal team on it.

[Anonymous No.3186674]

>>3186658
There is no actual subscription. You're just retarded and can't comprehend simple English.

[Anonymous No.3186690]

>>3186674
if its not a subscription then why is the word subscription in there dude

[Anonymous No.3186700]

>>3186652
>>3186658
>paying fees
>subscription

Same thing you fucking morons how much is Jihan paying you

[Anonymous No.3186705]

wow

[Anonymous No.3186728]

>>3186700
the idea that you pay a monthly bill to blockstream instead of paying per transaction is *really* bad. do you need me to explain why? it's not the "same thing."

[Anonymous No.3186731]

>>3186700

It defeats the whole purpose of bitcoin.

why should one have to pay a subscription fee to pay reasonable fees for transactions that are still slow af.
Gets better if you dont use lighting your paying 5 + a transaction ridiculous

[Anonymous No.3186748]

>>3186652
>>3186658
>arguing semantics

Are you people this autistic? You already pay miner's fees. What this does is increase efficiency by having you "load" it essentially. You'll pay fees each week or month before your deposit runs out.

https://www.reddit.com/r/btc/comments/6vhxn3/the_lightning_network_actually_seems_awesome_but/dm1ccwo/

Holy fucking shit. But see this isnt going to stop you, you're going to continue to spread propaganda and fud bitcoin until everyone loses confidence in the network and crypto pulls another 2013. All out of greed. Again how much is Jihan paying you stupid fucks?

Most of the people here on biz and sick and fucking tired of your shrill propaganda. Crawl back to r/btc where you belong.

[Anonymous No.3186749]

>>3186700
you're paying to open and close a payment hub(subscription) while doing transactions on the lightning network that doesnt pay the miners. who keeps the network secure? the miners do.

[Anonymous No.3186755]

>>3186731
honestly just use eth, fuck bitcoin. eth is capped at 100m tokens and gets monero level privacy next month. literally bitcoin 2.0

[Anonymous No.3186801]

>>3186748
> 1mb cap to force high transaction fees
> pay the people who forced the cap with censorship and lies a fee to get lower fees

no. just no. they could just prune the blockchain like eth does. but no, suggest any reasonable solution and you get banned from any bitcoin forum controlled by blockstream, which is all the top ones

[Anonymous No.3186840]

>>3186690
Because he's talking about the "on-chain fees" of the previous sentence as evidenced by the pronoun "they" and then describing them metaphorically as a "subscription" since you have to do an on-chain tx to initiate a channel.

Try duolingo, I've heard it's great for pajeets and gooks struggling with english:
https://play.google.com/store/apps/details?id=com.duolingo&hl=en

[Anonymous No.3186905]

>>3186728
Holy fucking shit you aren't paying to blockstream you dumb fucking cuck fucking kill yourself.

[Anonymous No.3186921]

>>3186748
>crypto pulls another 2013.
literally nothing wrong with this

[Anonymous No.3186930]

>>3186905
actually u are though. rusty russell is lightning network's biggest contributor. you mean to tell me there is no economic incentive for blockstream to use ln?

[Anonymous No.3186933]

WTF, I HATE SEGWIT BTC NOW!

[Anonymous No.3186940]

>>3186921
desu i would cash out my 401k, pay the 40% income tax, plus the 10% early withdrawal fee, and take the remaining $30k and buy coins with it. fuck.

[bitcoin core develorper luke c(...) No.3186955]

>>3186840

[–]luke-jrLuke Dashjr - Bitcoin Core Developer 29 points 10 hours ago
In the short term, Lightning should reduce on-chain fees significantly.
Essentially they become subscription fees to use Bitcoin, rather than per-transaction fees.
permalinkembedsavereportgive goldreply

so yes it is a subscription

better hop on bcc while u can

[Anonymous No.3186962]

>>3186840
yeah well thats just liek your opinion man

if it takes money to open a "subscription" then only centralized entities will do it. you'll move your btc to that subscription and then they'll handle transferring it

like a fucking bank

i don want a fucking bank

thats the whole point of crypto

decentralizaiton. this moves us toward centralizaiton.

DO NOT WANT

[Anonymous No.3186985]

the whole point of bitcoin was to take out the middleman and here is blockstream trying to become intermediary. fun times

[Anonymous No.3187028]

>>3186962
>>3186962
You're hopeless. KYS

[Anonymous No.3187050]

>>3187028

Everyone's on to you Jew shill

BCH is going to eat Blockstream's lunch, no fucks given

Blockstream bagholders gonna go fully autistic in less than a week when they realize SegWit doesn't do shit, LN isn't coming this year, and BCH is the real bitcoin

[Anonymous No.3187059]

I dont have to pay subscription fees to pay cash to sanjay at the corner store

[Anonymous No.3187072]

There's no subscription fee but Bitcoin will become a network of mini networks, where each mini network can charge users however they want.

[Anonymous No.3187073]

>>3186191
The lightning network does not require a subscription fee to use. Jesus christ
>>3186478
this

[Anonymous No.3187075]

>>3187028
BTC is hopeless. If we wanted the kind of crap they're offereing we would use VISA.

[bitcoin core develorper luke c(...) No.3187097]

>>3187073
can you explain why the core developer says it is a subscription himself??? i have the quote

[–]luke-jrLuke Dashjr - Bitcoin Core Developer 29 points 10 hours ago
In the short term, Lightning should reduce on-chain fees significantly.
Essentially they become subscription fees to use Bitcoin, rather than per-transaction fees.
permalinkembedsavereportgive goldreply

so fuck outta here
blockstream cant censor and charge subscriptions this isnt club penguin

[Anonymous No.3187098]

>>3187050
>Everyone's on to you Jew shill
>Projection

LN's fees is going to work like any other network. You pay fees in every fucking network. Its functionally no different. The only difference is that you load your money into a deposit to use as fees asaik. It does not require an actual subscription fee, you dumb fucks

[Anonymous No.3187129]

>>3187098
load your money into a deposit

why the fuck would i want to do that

thats called a bank you dumb fuck

[Anonymous No.3187200]

>>3187129
kek

[Anonymous No.3187204]

>>3187129
>why the fuck would i want to do that

You do that when you want to use the LN network

>thats called a bank
No, that's called the Lightning Network

Do you even understand why the LN exists? Its because people dont want to spend a fuckton of time waiting around for a cup of coffee charge to be verified. Even if we went the Cash route, there still would be significant latency problems.

You say that you want Bitcoin to be P2P transactional based, thats exactly what the LN is aiming to be. You say it can be accomplished with bigger blocks, but its easier said than done and Core devs have experienced the problems with scale. BTC transactions account for the majority of crypto activity today.

You really show a lack of understanding for the network. You seem to think there is some grand conspiracy in the Core dev team, most people just dont see it. There is no reason for them to sabotage their own currency, crypto is still in its infancy and another coin can easily overtake BTC if it shit the bed.

And then theres all the problems Cash has.

[Anonymous No.3187220]

>>3187098

> Requires locking funds into a payment channel, like a bank account
> Funds stay locked up until you pay to close the channel, like a bank account
> Fees go to channel provider, who is most likely a bank, banking 2.0
> Provider can force channels closed, require registration, AML/KYC, fully vulnerable to government confiscation


> Its not a fucking bank you faggots REEEEEEEEEEEEEEEEEEEE

[Anonymous No.3187232]

Well this thread was informative, just traded all my bitcoin for IOTA/ETH

[Anonymous No.3187234]

miners seem to be on the move again.
http://fork.lol/

[Anonymous No.3187235]

>>3187204

Your bullshit is so transparent it's pathetic, how much is Back paying you?

[Anonymous No.3187236]

>>3187220
>Bitcoin requires putting money into your wallet, like a bank account
>Funds stay locked in your wallet, like a bank account
>Funds go through a channel provider (miners/nodes)
>Miners can quit mining and stifle the network

>LOOK I KNOW WHAT I'M TALKING ABOUT MY ALLEGORIES ARE PERFECT REEEEEEEEEE

[Anonymous No.3187241]

>>3187220
Vitalik save us from Bitcoin

[Anonymous No.3187262]

>>3187236

LMFAO, it's like watching someone have a stroke over the internet, you don't have a single meaningful argument.

Nice try retard, go back to grade school and learn something

[Anonymous No.3187269]

>>3187235
How much is Jhan paying you faggot? I'm just sick and tired of hearing your bullshit. How greedy must you be to fud this much trying to hopelessly crash the network? The flippenning is not going to happen you loser. People can see through your lies and propaganda.

>Hur dur Core is in bed with the banks
>Hur Dur LN = banking!!!111
>Hur dur Cash with mega Chinese blockers is the way to go, even though it makes it even more vulnerable to a 51% attack
>Hur dur theres a conspiracy!!1111
>

[Anonymous No.3187276]

>>3187269

[Anonymous No.3187282]

>>3187276

[Anonymous No.3187290]

>>3187269
triggered

[Anonymous No.3187293]

bch just became more profitable to mine than btc again lol
btcs network will stop working every 2 to 3 days now as the hash rate flip flops forever. mining poils already have automatic switches

[Anonymous No.3187324]

>>3186234
So this is the reason they fucked over bitcoin and manipulated and heavily censored forums and blocked development of just increasing the god damn block size years ago. FUCK BLOCKSTREAM.

[Anonymous No.3187348]

>>3187324
As far as I'm concerned them patent trolling in crypto is what really puts them over the line. I can't in good conscience support bitcoin anymore.

[Anonymous No.3187379]

>>3187348
I heard they are patent trolling Segwit2x, what a bunch of motherfuckers.

Going all in ETH.

[Anonymous No.3187395]

Reposting my thing from another thread since I'm lonely there and noone fucking responded to my explanation of the LN

Party B = starbucks
A= You.
You lock up 1 btc by sending it to the LN channel with starbucks.
You buy starbucks 50 times in a month. You're sick of starbucks now, or just want to money back to do something else.
You close the lightning channel. You get whatever 1BTC- 50 starbucks is. Transaction broadcast to the blockchain now. It acts as ONE transaction, despite you making 50. You paid ONE fee. You pay a fee TO THE BLOCKCHAIN (just like you do RIGHT NOW) to open a lightning channel with B.
1 fee for 50 transactions. Instead of on chain, which would be 50 fees for 50 transactions.
That one fee is your subscription to that lightning channel. You paid ONE FEE TO THE MINERS instead of 50.
It is CHEAPER than now.
MINERS LOSE TX MONEY. This is why they hate lightning.

[Anonymous No.3187418]

>>3187395
Fuck off shill, I am not locking up my Bitcoins so Blockstream can get Jew Rich.

[Anonymous No.3187435]

>>3187418
You can close the fucking channel whenever the fuck you want.

[Anonymous No.3187440]

>>3187348
i'm so angry right now

[Anonymous No.3187443]

>>3187395
It seems maybe that people are getting confused about the word "subscription" in this context?

Is there a link to a whitepaper or RFC that describes all of this in technical detail?

[Anonymous No.3187454]

>>3187395
blockstream gets a small cut for hosting the lighting network. they even said so.

so first they limit the blocksize instead of adding pruning like eth does, then offer a solution to the problem they created for a small fee.

fuck blockstream.

eth is king with pos, sharding, privacy, community first decision making, intrinsic value as a fastest computer, 100m token cap, and more coming soon.

btc is a pump and dump floating on fake tether.

[Anonymous No.3187465]

>>3187395
i responded. was going to crosslink your post because it does explain well.

[Anonymous No.3187478]

>>3187435
why can't i just buy a coffee? i don't want to open a channel, fund a channel, keep track of all channels and funds and fees. i just want to buy coffee.

[Anonymous No.3187509]

>>3187478

[Anonymous No.3187544]

>>3187478
The current UI is indeed not for mainstream adoption. They need to fix that.
It is still cheaper than on chain.

[Anonymous No.3187551]

>>3186191
he's not jewish, he's of 'Reformed Protestant' (a Calvinist branch) ancestry, actually
the same denomination as Orbán :^)

[Anonymous No.3187650]

So your saying I should put my BTC into ETH, right?

[Anonymous No.3187663]

This thread is moronic, it's no wonder people vote against their own interest

[Anonymous No.3187698]

>>3187509

[Anonymous No.3187729]

>>3187097
Essentially they (the on-chain fees) become (can be regarded as) subscription fees to use Bitcoin, rather than per-transaction fees.

Is how you should read that sentence.

if you had proper reading comprehension you would realize the on-chain fees aren't replaced by a subscription system. because a bunch of your transactions happen in a payment channel that's not on the blockchain, you don't pay transaction fees for them, but the second you want to place them on the blockchain, you pay a fee. So now you are not paying a fee per transaction, you pay a fee to put the end result of the payment channel on the blockchain (which is less than if you to pay for each transaction individually). basically paying to let your payment channel be part of bitcoin, a subscription fee.

[Anonymous No.3187753]

>>3187698

[Anonymous No.3187774]

>>3187478
are you daft, the current system requires you to wait untill your transaction is verified. making people wait every time they want to quickly buy something is really gonna be popular

[Anonymous No.3187790]

>>3186191
>lighting network
http://wmx.wmtransfer.com/

[Anonymous No.3187804]

>>3187729
the problem is blockchain gets a cut. they created a problem to solve it for profit and censored people who spoke out against them. they also spread lies like eth being inflationary even though it has a 100m token cap.

im not paying subscription fees to blockstream to use bitcoin, thats fucking gay.

[Anonymous No.3187826]

>>3187804
blockstream* gets a cut, fucking tired

[Anonymous No.3187832]

>>3187418
>explaining how something works
>shilling
kill yourself you absolute worthless piece of shit. you try to keep people dumb, I hope you die.

[Anonymous No.3187836]

>>3187232
This. Eth, iota, and monero are the winners.

This buttcoin madness will never end either. This is the price we pay for miners.

On that note, now I'm selling all my Eth and monero for iota.

[Anonymous No.3187837]

>>3187729
shush now with your reasoning and truth, we're trying to FUD the fuck out of BTC right now. Cause we're bitter, although about what I'm not really sure. Something to do with blockstream being big meanies.

[Anonymous No.3187839]

>>3186386
Unironic this

[Anonymous No.3187842]

>>3187804
lightning does have fees, this is true.
Guess what
It's STILL fucking cheaper than BCH

[Anonymous No.3187860]

Here is jihan wu crying that noone will use the blockchain for transactions due to the cheapness of lightning.
>ie MY FEES!!!!! WHERE DID MY PRECIOUS FEES GO!!!

[Anonymous No.3187861]

>>3187842
bch is bitcoins hiv infection. network outages every few days forever. this is your life now.

if you want a functional blockchain you use eth.

[Anonymous No.3187886]

>>3187860
>Unfairly cheap

Fuck miners

>>3187861

Or ditch blockchain and run with IOTA

[Anonymous No.3187901]

>>3187886
>fuck miners

Miners are the security and the worth behind the Coin?

You retarded?

[Anonymous No.3187910]

>>3187886
miners are what keeps it secure so don't fuck em. sadly there is money involved as an incentive to mine so naturally it will attract greedy people and make people greedy.

[Anonymous No.3187939]

>>3187910

Shitcoin after shitcoin being launched on sky-high promises, PoS nonsense and buzzwords.

Satoshi made mining part of the network because people's greed is what makes it work.

Not agreements, contracts, promises, software rules, or rule of law.

Just fucking greed, the one thing humanity can actually be relied on for.

If a coin ain't mining, it's just a long con

[Anonymous No.3187948]

>>3187901
God help crypto if these miner fucks are the value behind bitcoin

[Anonymous No.3187949]

I'm cozy with my Buttcoin Cash. Bitcoin has been converted into blockstream's money fountain

[Anonymous No.3187963]

>>3187939
obligatory
https://youtu.be/VVxYOQS6ggk

[Anonymous No.3187976]

>>3187948
read satoshi's white paper

[Anonymous No.3187989]

>>3187860
He's referring to the signature discount, signature bytes are counted as 1/4 bytes

[Anonymous No.3188092]

SO how is Ethereum's Plasma different from Lightning Network?

[Anonymous No.3188128]

>>3187860
>unfairly cheap

Why do we even bother with these Cash trolls

[Anonymous No.3188162]

>>3188092
wrong question, you mean eth's raiden network

[Anonymous No.3188213]

Corecucks always sound like battered housewives.....

[Anonymous No.3188214]

>>3187948
Derp, miners make Bitcoin Bitcoin.

[Anonymous No.3188330]

>>3187241
Money skel has the best bones

[Anonymous No.3188537]

>>3187236
Yeah, YOUR wallet. YOU'RE THE BANK, DIPSHIT.

[Anonymous No.3188596]

https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800

I'll just leave this here

[Anonymous No.3188620]

>>3187220
you don't pay to close the channel, it's not like a bank account, you always pay fees everywhere, you don't need a provider and if a provider fucks you over, pick another one.
furthermore, you are not forced to use LN, it's just a technology that uses bitcoin. bitcoin will still work like before and is untouched by LN

[BITCOIN CASH No.3188652]

>>3186191
>pay your fees to bankers instead of miners.
Basically (((they're))) turning bitcoin into (((the Dollar))).

Theymos and his jewish media center control the discussion, censor any dissent and hire kikes to adhom anybody who disagrees as a chink or a pajeet. They will now control the fees like the Fed regulates the interest rate, with the difference being that they'll take the segwit fees FOR EVERY SINGLE TRANSACTION. This subscription fee is only the beginning.

>>3186234
You don;'t pay transaction fees YET.

Soon you'll need to give your full social, DOB and address to blockchain just like any other (((bank))). And it'll be a matter of time before they lose people's socials, because they dont have a bank's infrastructure.

GOTTA GO TO CASH BEFORE IT'S TOO LATE

[Anonymous No.3188663]

>>3188620
but it is my major concern about this LN. it leads to centralization. and also to cencorship. because the provider is able to just close the channel whenever he likes. also there will be "huge" channels to provide liquidity which is some kind of banking. duno about this.. i would like to scale onchain and go with bcc.. but i know that that wont happen

[BITCOIN CASH No.3188666]

>>3188537
Not for long, dipshit.

Ths is only the beginning.

[Anonymous No.3188696]

>>3187395

>I will consume ~$14,000 worth of coffee in my lifetime
>Pay for it ahead of time

This is how retarded that is

[Anonymous No.3188708]

>>3188666

How DARE you criticize the Blockstream™ Bitcoin™ Lightning™ Technology! You are a TRAITOR to the bitcoin name! After all, we all take oaths of allegiance when we trade bitcoin. You're lucky you aren't posting on /r/bitcoin. I'd delete your post so fast it would make your head spin.

AWAY WITH YOU, HEATHEN. Digital Gold™ IS THE FUTURE. Spending bitcoin is a thing of the past! 1 byte blocks when?!

[Anonymous No.3188717]

>>3188652
/pol/ everybody.

a bunch of bullshit that is laughably stupid to anyone knowing even 2% of what they're talking about.

you pay fees to miners to verify your transaction. with LN you pay fees for middlemen to transit your transactions for a total price less than individual mining fees (because otherwise just use the blockchain directly, which you still can) thus saving you money and taking load away from the blockchain.

>you don't pay transaction fees yet
you do pay transaction fees and you will keep on paying transaction fees because that's not going to change.

>soon you will have to give your full social...
hurr durr durrrr durr

[BITCOIN CASH No.3188718]

>>3186626
>jew projecting
None of you blockstream faggots have a substantive arguement. You literally sound like this >>3188708

[Anonymous No.3188747]

>>3188696
>channels' duration is life
>you don't drink more than one coffee
>you can't close a channel and get your remaining funds back

I'm not 100% convinced on LN for my own reasons but goddamn the stupidity in this thread.
shitposts and uninformed shitposts.

[Anonymous No.3188782]

>>3188696
You forgot these
> You have to open a channel for every party you wish to transact with
> If you don't, then you can open a channel with the Jews
> Now the Jews are back in control of your shekels.... again
> 1 MB blocks means it'll take 500 years for everyone (lets just put it 100 years as a conservative guesstimate for the number of technology literate people) to hop into.

[Anonymous No.3188817]

>>3186231
agreed.

[BITCOIN CASH No.3188823]

>>3188717
>/pol/ everybody.
kike adhom
>a bunch of bullshit that is laughably stupid to anyone knowing even 2% of what they're talking about.
elitist kike adhom
>you pay fees to miners to verify your transaction. with LN you pay fees for middlemen to transit your transactions for a total price less than individual mining fees (because otherwise just use the blockchain directly, which you still can)
You're leaving something out here, hmmmmm, I wonder what you're leaving out...

>thus saving you money and taking load away from the blockchain.
>used car salesmanship

>you do pay transaction fees
on top of the subscriptin fee, nice thanks for clearing that up

>>soon you will have to give your full social...
>hurr durr durrrr durr
>knows this is on the way

>>3188747
they will move to control this more and more with time. If you think that's uninformed you have a poor understanding of history.

They hid these details so the miners would go along. It was a lie by omission and there will be more to come.

Bitcoin is becoming its own antithesis.

[Anonymous No.3188828]

>>3188782
complaining about having to open a channel is like complaining about having to get a wallet.
the only legitimate complaint is the clustering around middlemen but even then it's an incentive based trustless system saving you money.

if it didn't save you money there would be 0 reason to use it.
you're actually complaining about jews (although I have not seen jews involved with this) saving you money

[Anonymous No.3188845]

>>3187842
it is maybe cheaper but for the cost of centralized payment channels which act like banks because they need huge amounts of btc to maintain liquidty.

and i I believe there will be not a lof of payment hubs. because nobody would like to change payment channels with the super slow and super expensive onchain transaction with their funds.

[Anonymous No.3188858]

>mfw bitcoin and bitcoin cash tards brawling it out

>mfw no matter which one wins, eth goes up anyways

DAMN it feels good to be a ETH fanboy

[Anonymous No.3188902]

>>3188823
those are not ad homs you complete retard. if anything it's association fallacy, poisoning the well.
just as you are doing btw.
the word you are looking for is fallacy not adhom.

>I wonder what you're leaving out there
I wonder too. I don't claim to be THE expert or anything so if you do know something just lay it out.

>on top of the transaction fees
no, not on top of the transaction fees. there is no extra fee. there is one fee just like there is now. instead of paying transaction fees on 50 individual transactions you pay for the transaction fee of the result which is one transaction. this saves you money because 50 * transaction fee > 1 * transaction fee.
if the fee of using the LN way becomes greater than those 50 individual transaction fees you don't use the LN way.

>they will move to control this more and more
that's so vague and it can apply to anything. except it's still trustless and it doesn't replace bitcoin whatsoever

[BITCOIN CASH No.3188989]

>>3188902
ad hominems are "directed against a person rather than the position they are maintaining."
i.e.
>/pol/ everyone
>laughably stupid to anyone who bla bla bla

>those are not ad homs you complete retard.
this belongs in the kike hallf of fame

>>3188902
>>on top of the transaction fees
>no, not on top of the transaction fees.
You should read what I said the first time, it was straight forward and simple. The subscription replaces the per-trade transaction fees, FOR NOW. This is a centralized control system. Everyone who isn't hodling for the very-long haul will have to pay these fees. As btc grows the alternative will be waiting for days or even a week, and from there the disparity will only get worse. Screencap this in case blockstreamcoin doesn't fall apart: there will be no reasonable alternative to LN. The LN and other fees will rise and multiply and they'll all go to (((big brother))).

[Anonymous No.3189042]

>>3187395
What about one-time only transactions?

[Anonymous No.3189087]

>>3189042
there will be more and more people trying to do them and the will transact in slowmotion

LN will become the only way to do it, expect the fees to moon at that point.

[Anonymous No.3189117]

>>3188989
I didn't attack your character directly with those statements, I linked you to /pol/ which has a reputation of being retarded, then I doubled down on that retardation by saying /pol/ people say retarded shit. which is guilt by association, association fallacy.

>you should read what I said the first time.
no, I should read everything. what you said was false, there is no fee on top of anything.

>FOR NOW
no for as long as they are less than transaction fees, at which point you just use the blockchain directly.

the rest of what you said is a legitimate concern. too bad you added so many retarded shit and /pol/ crappy rhetoric
(yeah yeah you're not /pol/. you know that quote, by goebbels I think, about jews not wanting you to call them a jew...)
I don't see btc in combination with LN work for everyday payments because of clustering around middlemen and the alternative being long transaction times.

[Anonymous No.3189151]

>>3188989
just to make it clear:
calling you a retard is an adhom
saying people who don't brush their teeth are retarded, followed by saying you don't brush your teeth is association.

[Anonymous No.3189155]

>>3186231

They also hold a patent on segwit and can sue any altcoin using segwit including litecoin. Corestream is like google to the internet. They are evil and must be destroyed before they destroy the cause.

[Anonymous No.3189159]

>>3189151
you are a retard though.

[Anonymous No.3189195]

>>3189117
>then I doubled down on that retardation
You can say that again.

>(yeah yeah you're not /pol/. you know that quote, by goebbels I think, about jews not wanting you to call them a jew
I didn't say I was or wasn't /pol/ and frankly I could care less. You're putting words in my mouth like the kike lawyer you are.

You called me /pol/ the same way jews call their critics antisemites.
>he just named the jew he's racist so he can't be right

[Anonymous No.3189211]

>>3189155
Code cannot be patented in the EU anyway.

[Anonymous No.3189215]

>>3189155
>Corestream is like google to the internet. They are evil and must be destroyed before they destroy the cause.
Final solution check'd

[Anonymous No.3189225]

>>3189195
>the pot calls the kettle black

I didn't say I was or wasn't jewish and frankly I could care less. You're putting words in my mouth like the /pol/ lawyer you are.

You called me kike the same way /pol/ people call their critics jews.
>he just named the /pol/ he's a kike so he can't be right

I'm now waiting for you to tell me how pointing out your hypocrisy is another kike tactic

[Anonymous No.3189259]

>>3189225
>I didn't say I was or wasn't jewish
Be warned Anons.

This is the (((new))) bitcoin.

[Anonymous No.3189284]

Source: Comment on /r/BTC
Business as usual, selective reading, discords propagating, downvoting critical thinking because it goes against selective reading...

Now, read everything. Everyone is sour because they missed the bitcoin boat. Now they want a new coin. How do you do that? Convince everyone the new coin is better and talk negatively about bitcoin, claim it will fail. Time after time. Guess what! The only negative aspect of bitcoin is moving over to "bitcoin cash" ..and that's the chink miners polluting the markets with extreme instability. Nobody is going to trade bitcoin cash for anything other than crypto or transmit it as a store of value.. It's a market instrument, and it will be used for profit. Take it for what it is. Every so often it will crash BADLY because there's nothing to hold the market up.. Sound familiar? Pump and dump. Yes. It's literally the exact same thing as DGB.

[Anonymous No.3189299]

>>3189259
now you're just making fun of yourself

[Anonymous No.3189324]

I just wish someone would make an open source Lightning Network that can be adopted by merchants so these miners will stop bitching. They'll likely keep notching though because they want us to pay exorbitant fees because they're just as greedy as Blockstream, let's be honest. Whichever side wins, the users lose

[Anonymous No.3189327]

>>3189284
But there's nothing critical here, you're just chanting your mantra and pulling stuff out of your ass.

[Anonymous No.3189357]

>>3189324
Bitching*

[Anonymous No.3189413]

>>3189324
>let's be honest

[Anonymous No.3189427]

So let me get this straight.
>Transactions can be done as usual, WITHOUT a separate node channel on the lightning network
>Lightning network groups transactions and takes a processing fee for doing so
>Grouping the transactions reduces load on the chain, directly reducing fees for EVERYONE, including those who avoid LN
>Both on chain transactions and LN are entirely optional
...And just in case, because I cannot find any actual proof otherwise:
>Subscription refers to the charge to use a lightning node, not an ongoing, recurring charge in itself
Which is technically incorrect usage of the word subscription.

Am I wrong anywhere?

[Anonymous No.3189443]

>>3186455
>>3186191
the level of retardation of bch shills is astounding. You're so fucking STUPID I dont even know where to start. What you basically want is having the tx capacity of visa, which would require 16gb blocks, which would require total centralization (ie: bitcoin controlled by china, a dictatorship). Learn to think losers.

[Anonymous No.3189451]

>>3189427
the word subscription came from a reddit comment by the inventor of LN to describe the role of fees when using LN

[Anonymous No.3189476]

>>3189451
But they're not recurring, and only charge when transacting. Yes? Just like on chain transactions, but on a local node?

[Anonymous No.3189516]

>>3189476
yes, they are not recurring. when the payment channel gets put on the blockchain you pay one transaction fee.
the transactions within the payment channel have no fee.
unless you are using a 3rd person and they charge a fee. but that can't be higher than the blockchain fee or you'd use the blockchain. the danger is having to rely on 3rd persons because the blockchain is too slow for quick payments. maybe the free market will tame LN fees, maybe you don't even need 3rd parties at all. I'm not too sure about that but it's certainly something to watch out for.

[Anonymous No.3189533]

Who do I talk to to get paid to shill for either BCC or BTC I am good at promoting coin and want to make money too

[Anonymous No.3189579]

>>3189443
Only shills get this emotional.

What I want is a decentralized bitcoin without jews pulling strings in a smoke filled room.

The blocksize is outdated and the only way to change it is a hardfork, which eventually will have to come anyway. When no one knew what bitcoin was, there were a few thousand transactions a day and it only cost a nickel, 1 MB was a high ceiling, so high above the action it literally did only what it was intended for.

Now it's choking traffic and the jews are using this as leverage to tax and regulate. Today was the beginning of a steep, slippery slope.

[Anonymous No.3189598]

>>>/X/

[Anonymous No.3189614]

>>3189579
>The blocksize is outdated
As more and more people adopt bitcoin, it's a never ending game until you have the capacity of visa, ie: 16gb blocks. All the miners in china would kill bitcoin because the chink dictature could shut it down whenever they want. Core devs dont care about your short term profits and if the fees are too high for the moment. They think lonk term, dozens of year from now. You bch fags are too impatient, that's the problem. Nick Szabo = Satoshi and supports segwit.

[Anonymous No.3189644]

>>3189579
only shills this, only jews that
you're a parrot repeating the 5 sentences you learned on /pol/
kike, degenerate, shill, nigger, jew, leftists, liberals. so boring, so overused. but I guess you're completely lost if you can't label everything you encounter in life with one of those words.
long live the day you when you fucks disappear together with tumblr feminists and sjw

[Anonymous No.3189655]

Um yea... I'm really sick of (((blockstreams))) bullshit. And I'm also sick of the miners high fees. I'm moving to Monero

[Anonymous No.3189677]

>>3189579
The coin itself is still decentralized.
The side chains are optional.
And they reduce network strain, reducing transaction fees for everyone. Even if you don't use them at all.

You get lower fees, a more efficient network, and only at the cost of those who don't care about their trades being centralized.

WHERE IS THE DOWNSIDE?
What are you being forced into that you do not like?

Hell, lightning network will probably only be used by vendors. Marketplaces that accept bitcoin.
Places you would already have to trust to hold up their end of the deal. Like getting you purchased goods, allowing access to trade on exchanges, etc.

>>3189655
You do realise this would LOWER fees, right?
I'm very confused at the responses I'm seeing all over the place. These assumptions make no sense.

[Anonymous No.3189690]

>>3189614
>As more and more people adopt bitcoin, it's a never ending game
It wasn't a never ending game when the coin started and Satoshi set a limit that was effective from for over 5 years of increbible growth. You could argue it's still effective today 9 years later, in that it hasn't hurt growth. But it will now.

>>3189644
>how jews behave when the goyim know

[Anonymous No.3189699]

>>3189690
>everybody I don't like is a jew

[Anonymous No.3189710]

>>3189699
Dont bother. polfags have a mental illness with no cure

[Anonymous No.3189744]

>>3189677
>The coin itself is still decentralized.
In a short time, one group of jews will take their cut out of every transaction, and their cut will grow with every split. Here's why it'l be the only way:
>The side chains are optional.
yes they're optional for now but later as the market grows, it will be EXTREMELY IMPRACTICAL AND SLOW to send BTC without LN and there will be a direct correllation between this difficulty and the fee level. But if it takes so long to send, you won;t know what the price will be by the time it gets there. At this point every BTC transaction will be through LN, if BTC still exists.
>And they reduce network strain, reducing transaction fees for everyone. Even if you don't use them at all.
In the longer term everyone will have to use them and the bitcoin market grows at the speed of light so this wouldn't even be that far from now.

>>3189710
>Schlomo defends his brother against the gentile subhumans

[Anonymous No.3189756]

>>3189677
Not if you don't to pay $200 in fees for every transaction. Segwit2x was a reasonable compromise but blockstream decided to hold everyone hostage instead.

[Anonymous No.3189764]

>>3189744
when someone is so retarded they think the greedy fucks are jews and not chinks and eastern europeans, lmao

[Anonymous No.3189785]

>>3189764
>notthejews, the post

>>3189756
I think they'll stop doing splits at some point when everyone realizes how bad they're getting fucked and they can't reach a consensus because the jews always want everything.

The congestion will get so bad from here, sidechains will be the only way.

[Anonymous No.3189816]

Satoshi's view was to increase block size, he put 1MB because the network was small and could be easily flooded.

Now the situation is different. Segwit is very far from what Satoshi was considering in the first place.

https://steemit.com/bitcoin/@modprobe/i-looked-into-segwit-and-here-s-what-i-saw

> segwit is inelegant and complicated

That's the main argument. Every dev knows that anything inelegant and complicated is condemned to disappear.

I transfered my BTC to BCH and I'll stick with it. I hope Polo opens markets for BCH, otherwise I'll use ETH.

Any idea that needs censorship to be adopted is intrinsically bad.

Now the violent shills of Blockstream will call me retard.

[Anonymous No.3189823]

>>3189785
LN was made by a chink and a eastern european

[Anonymous No.3189892]

>>3189816
>Satoshi's view was to increase block size, he put 1MB because the network was small and could be easily flooded.
>Now the situation is different. Segwit is very far from what Satoshi was considering
EXACTLY THIS.

1 MB limit was a security meassure to stop flooding andd DDOS. I didn't impede traffic at all.

Now it does.

>>3189823
Elizabeth Stark is an Askenazi jew with a background in prime cabal academia.

[Anonymous No.3189922]

>>3189892
no,
Tadge Dryja and Joseph Poon

[Anonymous No.3189952]

Apparently blockstream does have patents, but they're defensive patents released under a special license so that anyone may use them, and blockstream is obligated to not take legal action against them.
The EFF (electronic frontier foundation, they're very much against software patents) has endorsed this.
https://www.eff.org/deeplinks/2016/07/blockstream-commits-patent-nonaggression

[Anonymous No.3189958]

They patented a shitty technology.

The blockchain didn't need a patent.

[Anonymous No.3189959]

>>3189952
basically copyleft and not copyright

[Anonymous No.3189962]

>>3189922
Stark is literally the CEO and COFOUNDER.

The devs are just hired hands there. They're shabbas goyim, they don't have real control and you know it.

[Anonymous No.3189972]

>>3186191
are you trying to tell me Jihan was a good guy all this time?

[Anonymous No.3189976]

>>3189892
I'm actually wondering where you got the info Elisabeth Stark is jewish because I'm not finding anything.
bonus: anything on her having a background in 'prime cabal academia' would be welcome too.

[Anonymous No.3189987]

>>3189976
Of course you are, sandnigger.

[Anonymous No.3189993]

>>3189972
Doing the right thing for the wrong reasons but the reasons btc was designed to operate under: self-interest.

[Anonymous No.3189994]

Here's the thing.. You don't have to use it regardless of what other FUD you posted.

BTC works just fine for normies anyway. The other layers now facilitated by SegWit are incredibly useful for use cases that Joe Public has no clue about and will reduce block sizes for everyone.

[Anonymous No.3189995]

>>3189962
they wrote the white paper, came up with it, made it.

[Anonymous No.3190001]

>>3189987
so nothing

[Anonymous No.3190048]

>>3189995
White people came up with and made western civilization too, and look what happened to that because of (((certain ppls))).

[Anonymous No.3190052]

>>3189756
Blockstream wasn't the one that broke the NYA by forking, and in fact they still haven't broken the NYA despite all their shitposts even though they're promising to
>>3186670
No one outside of cucked shitholes like the US will give a single fuck about Blockstream patents
>>3186755
BTC isn't 70% premined like ETH, and it is immutable unlike ETH
If you want Monero just use Monero
>>3187232
IOTA it's completely centralized dumb pajeet
>>3187454
LN doesn't need to be hosted by Blockstream at all
>>3188596
>proof without proving
>within a few paragraphs call your "proof " an informal proof
wew
>>3189655
Monero needs much higher fees than almost any other altcoin to work

[Anonymous No.3190121]

>>3189994
Why not just raise the blocksize limit? Sidechains was never satashois design and they will have central control, which goes against everything.

>>3189995
But where will the money go, who will benefit as the network changes with the times, etc? You'll never admit this >>3190048 will you jew? But jews like Stark and associates are always bankrolling gentiles like Dryja and Poon. Dryja and Poon will get jewed in the end or sooner if they haven't already, Guaranteed.

>>3190001
>being this jewish

[Anonymous No.3190197]

>>3190121
>Sidechains was never satashois design and they will have central control, which goes against everything.
satoshi = szabo, proven by linguistic forensics. szabo supports sidechains.

[Anonymous No.3190204]

>>3190121
They literally could have raised the blocksize years ago. They have been doing this bullshit so they could splice in their overcomplicated, inelegant 'fix' and take a cut of the profits.

[Anonymous No.3190261]

>>3190204
Before becoming money, bitcoin must be a secure store of value. Security above all. Then, once it's proven to be the most secure store of value, it may become a currency with low tx fees. What you want is bitcoin to become money ASAP, which is the short-sighted and wrong approach.

[Anonymous No.3190268]

>asking for proof
>being this jewish
something I don't understand? jews! someone I don't like? jews! someone doubting me? jews!
you're a clown.
I bet you really think I'm jewish just because I keep calling out your bullshit.
I said LN was made by a chink and a eastern european guy. you have said throughout this entire thread that it's a jewish thing. now you go 'oooh but the people who designed it, published it, created it, and own it are just victims too'
you're a clown.
I'm willing to accept she's jewish but I can't find any proof on that. it's not like stark is a jewish name. I'll ignore the background in prime cabal academia as too be not too pedantic. but you getting this butthurt because someone asked if you could back up your claim makes me doubt the whole thing desu.

[Anonymous No.3190283]

>>3190197
satoshi is nobody but the person who has his private keys for as far as anyone knows.

[Anonymous No.3190330]

Subscription feesb and KYC to use Bitcoin. Fuck you blockstream kikes.

[Anonymous No.3190352]

>>3190330
looks like some money launderer is butthurt

[Anonymous No.3190370]

>>3190352
I'd rather be butt hurt than being beyond cucked like yourself.

[Anonymous No.3190409]

>>3190370
KYC/AML is not a blockstream invention. Governments know there is a lot of dirty money in bitcoin and they will do everything to prevent people to launder it. Hence the kyc/aml laws. You can't buy/sell bitcoin without providing your ID and I don't have a problem with that. Your libertarian ideals are just like communism, an ideal that doesn't work in reality. Live with it.

[Anonymous No.3190448]

>>3190261
And before it can be a store of value, the jews must control it.

3190268
I'm not giving (((you))) any more (you)'s so if you're paid by replies, I won't be worth it.

Stark is absolutely a jewish name but ofc you'll deny this and say her jewish history isn't jewish and so on. Why don't you fuck off? There are lots of jew-friendly btc forums, where you can go and be yourself. Why do jews have to moderate opinion in every public space? Seriously, fuck off.

>>3190352
you too.

[Anonymous No.3190464]

>>3190448
what the fuck is this fucking bullshit get off my board fucking pol pleb reeeeeeee

[Anonymous No.3190470]

>>3190448
succ dick >>>/pol/

[Anonymous No.3190471]

>>3190464
>The Theymos Police

[Anonymous No.3190478]

>>3190448
>jewsjewsjews

[Anonymous No.3190504]

>>3190448
Stark is not a jewish name retard.
http://www.etymonline.com/index.php?term=stark
>her jewish history
what jewish history? there is nothing to be found about her being jewish you fucking clown. that's what I'm asking you about.

fuck off yourself, using boogeymen, calling people jews because they question you while refusing to back up what you say. kill yourself together with every other faggot in this world who thinks their ideas and statements can't be questioned.

[Anonymous No.3190513]

3190504
not playing your game, jew.

[Anonymous No.3190558]

>>3190513
what game? the 'please back up what you say' claim?
what an easy way out. 'hmmmm I just told complete garbage but I can get away with it because I'll just say anyone who questions it is jewish.'
>p-pls no bully me ebil joo ;_;
lmao

[Anonymous No.3190566]

>>3190513
JEWSJEWSJEWSJEWS
WE WUZ JEWS

[Anonymous No.3190590]

>>3190471
>>3190448
>>3190513
I wonder who could be behind those bitcoin is controlled by jews posts.

[Anonymous No.3190611]

Proof (((them))) took over BTC?

[Anonymous No.3190629]

>>3190611
(((they))) probably took over your mother first.

[Anonymous No.3190635]

when will this /pol/ scum finally realize they have their own containment board.

[Anonymous No.3190662]

>>3190590
I wonder ((who))) could be behind this one. You can never leave good enough alone, is why you'll be Inquisitioned again.

>>3190566
You still are.

>>3190611
https://www.blockstream.com/team/

If you pay attention to the discourse it's undeniable.

[Anonymous No.3190722]

we don't need middlemen

[Anonymous No.3190728]

>>3190662
lol is that page your proof blockchain is taken over by jews? there was one obvious jew and 2 maybe not so obvious jews in there. Shiiiet that group was so white they better not let fucking tumblr find out.
you really are a clown.

still ignoring Stark and her being jewish btw

[Anonymous No.3190777]

Can someone plz explain once and for all why the LN is better than just using BTC debit cards?

[Anonymous No.3190790]

3190728
In the current configuration on my screen, there are 3 or more Jews in every row but one.

Well-known fact: Adam Back is not (((Adam Back's))) real name. The CEO's of Blockchain and Lightning are both Jewish.

[Anonymous No.3190791]

>>3190777
https://www.youtube.com/watch?v=8zVzw912wPo

[Anonymous No.3190823]

>>3190777
pro: it takes away load from the blockchain while lowering the amount of fees you pay. it's also allows for fucking fast payments which is great if you wanna grab a coffee.

possible con: the blockchain remains slow and you'll have to rely on LN which can but doesn't need to, require a third party demanding fees. this may cause it to become decentralized instead of distributed. worst case scenario the LN fees moon and the big LN nodes become basically banks.

[Anonymous No.3190864]

>>3190409
Quite the contrary.

Libertarians demand the same transparency of their government. So what's the problem seeing the books of the federal reserve? Oh right, because those kikes are the biggest launderers of them all!

You see how freedom should work?

[Anonymous No.3190890]

[Anonymous No.3190894]

>>3190777
Because the jews get their cut of.every.single.transaction. and their cut grows every split.

After a few, IF miners reach agree to keep doing splits, you will have to choose betwee enormous pre-transaction fees, or a subscription fee which they can raise at will.

If the miners see they're getting fucked and don't reach consensus but btc still keeps growing, traffic will get choked to nothing on the main channell and Lightning will be the only choice, if you don't want to endure dramatic price changes while you wait for confirmation for days.

The actual result will be The Flippening don't miss it. Question of when not if.

[Anonymous No.3190895]

>>3190864
shut it down! (((they ))) know!

[Anonymous No.3190908]

>>3190790
weird, I see ben teitelbaum as the obvious one and mark friedenbach, lawrence nahumas the less obvious ones.

I also see ben gorlick now which I missed going through the list the first time.

the ceo of lightning is not jewish. at this point it's completely legitimate to dismiss that claim as you have repeatedly ignored and evaded demands for proof.

[Anonymous No.3190912]

>>3189976
Stark is a Scottish, German or a Ashkenazi Jewish surname. The education comment refers to a condescending remark about the Ivy League education she received

[Anonymous No.3190939]

/pol wants BTC, then finds out they are getting Jewed.

Priceless

[Anonymous No.3190975]

>>3190939
More than doubled my money on BTC, and knew when to get out.

[Anonymous No.3190985]

when will the "iota is centralized" meme end?

[Anonymous No.3190995]

>>3190985
Never, they're jews too.

[Anonymous No.3191007]

>>3190912
what comment and being Scottish, German or Ashkenazi is still more likely non jewish.
the second I'm presented with an actual legit source saying she or her parents are jewish I will probably say thank you and say 'why didn't you just post that immediately' in order to have the last word.

[Anonymous No.3191062]

>>3191007

[Anonymous No.3191089]

https://wmx.wmtransfer.com/#

[Anonymous No.3191107]

>>3186191
looking forward to another fork, this one'll be for dessert

[Anonymous No.3191149]

>>3188663
holy shit you are so fucking retarded

[Anonymous No.3191158]

>>3188708
these fucking kikes would delete this whole board if they could

[Anonymous No.3191171]

>>3190790
Yet not one retarded Cashcuck can give us proof of Jewish infiltration. There looks like there is maybe one Jew on the blockstream team

and I'm no fan of the jews either I'm aware of the Jewish problem...but you guys are just seeing shadows at this point. I dont see any evidence of Jews in Blockstream or Core.

[Anonymous No.3191196]

>>3189284
4chan is getting astroturfed by Roger Ver reddit shills too. Too bad no one here gives a fuck about any reddit or any altcoin beyond dumping it for BTC.

[Anonymous No.3191210]

>>3188663
Big blocks lead to actual centralization you low IQ autist.

[Anonymous No.3191212]

Reminder that all BCH shills are literal pajeets

[Anonymous No.3191248]

>>3191062
good point Cleetus

[Anonymous No.3191258]

>>3191171
How's your jewdar, anon? How many can you count here: >>3190662 ?

>>3191196
>implying Theymos doesn't control reddit with an iron fist
Is that you, Theymos?

[Anonymous No.3191411]

>>3191258
There are 2 Jews on the team, Lawrence Nahum and Sonya Joseph. The team isn't compromised, though having her as a technical recruiter is a little worrying because she will always prefer to bring in Jews.

[Anonymous No.3191463]

>>3191411
She hired a black. I bet you must be scared shitless that he will steal your transaction.

[Anonymous No.3191517]

>>3191463
Well, she would hire a black. Diversity quotas and all

[Anonymous No.3191544]

>>3187395
Thanks for the explanation. I don't think many people will want to do this because you're essentially prepaying. Right now, I can buy $10,000 worth of stuff on my credit card and not pay for it until October without incurring any interest or fees of any sort. Everybody is used to doing this now. What's the benefit to paying for stuff in advance if you don't have to?

[Anonymous No.3191599]

Blockstream are Jews and BCH is Chinese Jews.

Both are garbage. Don't act like this is anything other than two soulless money grubbing groups trying to take over using different methods.

And fuck the Iota shills too. This is all a clusterfuck of manipulative national and corporate interests. Both sides can rot in hell for trying to destroy a good thing and pretend they are the heroes while doing it.

[Anonymous No.3191670]

>>3191411
Are kidding me, you're aware of the JQ? YOU DIDN"t EVEN GET THE BERGS

Walsh, Lee, Teitelbaum, Appelcline, Bergeron, Timon, Norberg, Gorlic, Robles, Hall, that's just the definites and probables, doesn't count maybes or crypts like CEO "Back".

Heres something interesting
https://www.reddit.com/r/btc/comments/47zfzt/blockstream_is_now_controlled_by_the_bilderberg/

[Anonymous No.3191712]

>>3191670
>https://www.reddit.com/r/btc/comments/47zfzt/blockstream_is_now_controlled_by_the_bilderberg/
Bitcoin serves the bilderberg interest which is to make nations lose their power. Not surprised if they are big fans and supporters of bitcoin.

[Anonymous No.3191741]

>>3191712
>take your meds goyim BTC isn't run by jews
>Bitcoin serves the Bilderberg interest
LOL, so the Bilderbergs arent jews either.

TAKE YOUR MEDS ISHMAEL!!!

[Anonymous No.3191783]

>>3191670
walsh, lee, appelcline, bergeron, timon, norberg, hall
how are these jewish names? these are pretty common names from various European countries Cleetus.
funny you show us that reddit post because all I read is a french insurance company with a french ceo who is also the chairman of the bilderberg meetings investing in blockstream. the guestlist of the bilderberg meetings shows a lot of no jewish rich fucks. but I guess they're also just victims right? like the two dudes who made LN

[Anonymous No.3191841]

3191783
>jewsalwaysdothis.jpg
right on jew, the bilderbergs are gentile conferences, the jews don;t have a long and detaied history in France and finance doesn't imply influence. I agree, buy some more Jewcoin.

[Anonymous No.3191915]

>>3191841
>bilderbergs are gentile conferences
no no no you kike, you're putting words in my mouth. I didn't say or imply there are 0 jews present. I was trying to point out how ridiculous it is that if you look at the guest list you see primarily white people and you still excuse them and put all the blame on the jews there.
you suffer from serious no true Scotsman thinking.
this is you how you find baddies:
1. is the person white?
yes: select new baddie from surroundings and return to step 1.
no: found him!

how about you say fuck all the rich scheming jews and fuck all the rich scheming white people.

[Anonymous No.3191918]

>>3191841
you dont quote him because you don't want to give him a (you) ?
>when you're an autistic nolife poltard whose only reward in life is to get quoted on 4chan.

[Anonymous No.3191928]

>>3191544
you can take your money back whenever
I suppose it is like a gift card you can return at any point even if you used it, except it's instant
does it have advantages for the average buyer for micropayments? meh, not really. bitcoin cash doesn't either. It's a philosophical thing, and a hedge against a recession.

at this point you're questioning the basis of bitcoin itself, not the lightning network. The main reason for bitcoin to exist is against another recession, like the one it was created in. It's true, it won't have a significant advantage for the average person without a recession.
However, there is still a use case for it, which is moving money anywhere you want around the world without permission. You can send a million $ to someone across the planet basically instantly, for a low fee. The bitcoin fee on chain is dumb right now, but it's STILL cheaper than current wire transfers. And you don't need to ask a bank or sign a million papers for permission.
If you've noticed that XRP kind of kills this particular use case, well, now you know why everyone hates XRP.

[Anonymous No.3191938]

>>3191841
Speaking of French jews, could this huge nosed Michael Marquardt be Theymos?

https://twitter.com/asiaadvisor?lang=en

[Anonymous No.3191968]

>>3191938
>literally bragging how big his nose is with that picture

[Anonymous No.3191985]

>>3191938
>implying an executive would have time to be a mod on reddit

[Anonymous No.3192020]

>>3191985
>implying Theymos is simply a moderator
>implying a crypto giant wouldn't involved himself in finance and trade

[Anonymous No.3192055]

>>3192020
for being so deeply invested into crypto his twitter shows surprisingly little crypto related tweets. actually it shows 0 crypto tweets.
or is he just hiding being a crypto giant and you're the incredible investigator who unmasked him?

[Anonymous No.3192082]

3192055
sandnigger since you don't seem to know this, Marquardt didn't want people to know he was Themos/involved in cypto. Some guy doxxed him, then Ver did. He wouldn't teet about something he doesn't want to publicise. Whether or not this guy is him, probably not but who nose?

[Anonymous No.3192116]

>>3192082
>probably not
ok Cleetus. bit silly to bring it up yourself then isn't it.

[Anonymous No.3192165]

3192116
Well now it's definitely him.

[Anonymous No.3192175]

>>3192165
lol funny Cleetus

[Anonymous No.3192211]

>>3186191
>fees
>holy shit
Anon, if you have still to understand that crypto fees are already bleeding this market, you might want to double check your brain activity, because I'm spotting latent idiocy on your part.

>muh network
Just fuck off weeb.

[Anonymous No.3193629]

>>3188717
I don't want a middleman.
Why would I want a middleman in fucking TRUSTLESS system ? Fuck Core and their segwitcoin.

[Anonymous No.3194057]

>>3193629
>don't want a middleman
Yet you're ok with miners who are the current middleman

[Anonymous No.3194500]

>>3191670
All of those are European surnames. Walsh, Lee...LOL all of those are classic Euro surnames.

Did you bother to check their Linkedin? Did you? Because if you did you'll find that they have no connections to any Jewish/Israeli organizations.

There are only two Jews on that team and the man doesn't even have any Jewish connections on his Linkedin, but I am 90% sure he is Jewish because no Italian would have a last name of "Nahum".

Norberg is German. Bergeron is German. (Berg means hill in german)

BUT

That Bilderberg funding is actually pretty damning evidence, though. Any connection to the Bilderbergs is bad news. As they say, follow the money.

Whelp.

It's our worst fears. BTC has been corrupted, or will be corrupted, then. But who are we kidding? We all knew that it would come down to something like this. Until we take care of ((them)) they'll continue to fuck with us and shit in the punchbowl.

[Anonymous No.3194651]

Guys, chill out.

That is not how it works.


You will need to pay Bitcoin transaction fees to open and close a channel.


Lightning transactions are generally free, though some nodes may require some kind of fee to go through them.

More likely you would earn money monthly for providing channel liquidity.

[Anonymous No.3194715]

Second layer monetary systems are ALWAYS created for fractional reserve purposes. Eventually you will be buying coins from LN nodes or blockstream that are BACKED BY BITCOIN. In fact, that is exactly the stated purpose of the LN. Segwit was the first step to do this since witness data can now be discarded by the nodes and therefore there is NO proof that second-layer systems are actually backed by requisite amount of bitcoin. Don't believe me?

https://www.coindesk.com/the-risks-of-bitcoins-segregated-witness-problems-under-us-contract-law/

Core turned bitcoin from something that followed existing contract and currency laws (so that it eventually could be used as a base currency), into something that no legal entity would trust. Now we will have to rely on second-layer contracts and payments to meet existing regulatory guidelines instead of having all of those merits inherent to the currency itself (as satoshi created it).

[Anonymous No.3194783]

>>3194651
>More likely you would earn money monthly for providing channel liquidity.

This. WE are the bitcoin elite. WE will collect a comfy normie tax by providing liquidity in the future.

[Anonymous No.3195280]

>>3194783

Good luck with that m8

You will need gorillions of usd to set up a ln node

[Anonymous No.3195337]

>>3194715

Also, fees won't go down and transaction times might only slightly drop . Who is going to spend $10 to send $100? Who will wait 6 hours for their transaction to process?

What exactly is the point of bitcoin if average people can't use it? Most people have less than $1000 in their bank account. The "Digital gold" group is less than 5% of bitcoin users. It makes no fucking sense.

[Anonymous No.3195409]

>>3195337

A bitcoin trash transfer took less time at lower fee

Just saying m8s

[Anonymous No.3195640]

>>3194715
>>3195280
>>3195337
100% wrong. I don't know how you shills can sleep at night, selling your dignity for 1 dogecoin per post, just spreading lies and FUD to make gazillionaires Jijan and Roger even richer. You are disgusting.

[Anonymous No.3195656]

always remember who provides actual proof and who just ad hominens when you read these posts kids:

ad hominens and no evidence:
>>3195640

impassioned facts backed up by sources:
>>3194715

[Anonymous No.3196281]

>>3189443
KYS

[Anonymous No.3196396]

>>3186755
this

[Anonymous No.3196427]

>>3186962
this

[Anonymous No.3196428]

>>3195656
>ad hominens and no evidence:
sorry if I don't waste my time arguing with flat earthers. Bullshit is not worth debunking. All the lurkers are free to follow you retards and lose their money for all I care.
You're a useful tool and I am glad your retardation will keep you poor forever. Natural selection at its finest.

[Anonymous No.3196460]

>>3196428
at the very least you can say that BCC believers have a point and you disagree with them on this point. Calling them "flat-earthers" or "pajeets" or whatever your blockstream word of the day is today, just goes to show how anti-intellectual your viewpoints are

[Anonymous No.3196574]

>>3196460
>hurr durr my shit opinion matters everything is relative please debate me hurr durr. BLOCK LIVES MATTER HURR DURR
Fuck off Pajeet. You've been BTFO already countless times in this thread. You just won't learn no matter how many times people shove it down your throat.

[Anonymous No.3196703]

>>3196574
>Fuck off Pajeet

point proven, you idiots are so easy to spot

[Anonymous No.3196723]

>>3196574

I don't think retards like you will ever learn. Bitcoin has a USE. People use bitcoin; they don't shove it in their wallets and leave it be. No matter how many times it's repeated, Bitcoin isn't digital gold.

How are all these potheads going to buy their Darknet drugs if you're charged $15 for a $120 tranasaction? Get fucking real. The world isn't going to adopt such a ridiculous form of exchange.