/biz/ - Business & Finance

[Anonymous No.4169010]

Really makes you think which one is the real Bitcoin

[Anonymous No.4169060]

by proof of work it is bitcoin (segwit)

by sentiment it might be bitcoin cash, who knows

I think a lot of pajeets think they can 10x their bitcoin by buying bitcoin cash but I just can't see that happening

[Anonymous No.4169083]

>>4169060
You will. X2 will kill the segwit family

[Anonymous No.4169132]

>>4169060
Proof of work is the only non-arbitrary and objective way of defining what Bitcoin is. That's how new rules are adopted by the system

[Anonymous No.4169139]

>>4169083
I want to jump on the BCH chain, I really do. But its so far behind the current BTC chain

Does that not bother you? as per nakamoto concensus

[Anonymous No.4169154]

>>4169139
and what if the mining suddenly picks up? i invest in what may happen, it tends to give me bigger if riskier returns.

[Anonymous No.4169170]

>>4169139
if it gets all the hash power it will catch up within weeks

[Anonymous No.4169176]

>>4169010
Not hard really

[Anonymous No.4169177]

Why not have a do over and start back at 0 for every fork?

[Anonymous No.4169182]

>>4169139
There is no far behind if the chain in front of you is deadspiraling into his destiny.

[Anonymous No.4169202]

>>4169176
what one is bitcoin chain though

[Anonymous No.4169232]

>>4169202
nigga plz

[Anonymous No.4169249]

I believe if the current "BTC" falls or dies, BCH might replace it, but we will be in for a long cold winter. A lot of normies will leave never to return because they bought bitcoin and lost

[Anonymous No.4169285]

>>4169249
also this is a forum mod of 8btc who could single handedly crash the market with no survivors if he wanted to

[Anonymous No.4169289]

>>4169154
Yeah that's what you'd be betting on. I currently hold around 1100 BTC and BCH. I'll make a decision how the fork plays out.

1. If 2x fails, I don't see how Bitcoin will ever scale, aside from paid off-chain subscriptions being pushed by Blockstream. I'll probably dump the 1x coins for BCH.

2. If 2x succeeds, I'm far more skeptical of BCH. Yeah 2x will have a lower capacity than BCH post fork, but it'll be more than enough to handle a substantially increased traffic volume and reduced fees for good while. And if one block size increase succeeded on the 2x chain, why wouldn't another one occur as needed? With 2x maintaining the Bitcoin name and hashpower, there seems to be little upside to BCH.

[Anonymous No.4169324]

>>4169285
alright kiddo

[Anonymous No.4169361]

>>4169324
I own 1 BTC and nothing else. I don't know whether to hold 1 BTC or ~13 BCH.

I believe in most proof-of-work.
I also believe that bad money drives out good

I'm just scared.

[Anonymous No.4169395]

>>4169361
I believe mealy mouths no will cuckolds will always lose money fuck off you're not my contemporary

[Anonymous No.4169467]

>>4169289
Segwit is irremovable, a security flaw and 0 conf will never come back.

[Anonymous No.4169484]

>>4169361
I have 2.5 BTC, 5 BCH and 2.8 BTG. Going to buy a few more BCH hopefully tomorrow before it has mooned too much

[Anonymous No.4169501]

>>4169010
That is such a bias image. >>4169176 has it correct.

>>4169139
>>4169154
>>4169170
>muh hash power
irrelevant

>>4169289
it doesn't sound like you live in the same reality the market is reflecting

[Anonymous No.4169511]

>>4169501
the market is irrational inherently. especially one like ours. do you genuinely think shitcoins like LINK went to 50 cents on valuation?

[Anonymous No.4169576]

>>4169285
140 million in bitcoin cash holy shit, what else does he hold

[Anonymous No.4169644]

>>4169576
I don't think he's disclosed it.

WInklevoss twins have a billion, many people have 100-200 million in BTC (and equivilant portions of bitcoin cash)

Whales could flip us