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5387854 No.5387854 [Reply] [Original]

BCH is about to break the ascending triangle.

>> No.5387873

BCH is about to break my hymen.

>> No.5387895

pnd scam

>> No.5387907

>>5387895
you don't even believe that yourself
how much is maxwell paying you?

>> No.5387908
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5387908

>>5387873
Mine too.

But this JUSTing shall pass.

>>5387895
Nope, see it yourself. It's testing to break .2 now.

>> No.5387959

>>5387854
BCH is about to make me go mad

>> No.5387978

>>5387959
Just hold for another week, anon. Market seems to be recovering right now.

>> No.5388028

Bitcoin is printing money on these forks and killing themselves alittle every time. Bad image imo

>> No.5388034
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5388034

>> No.5388180

https://www.reddit.com/r/btc/comments/7lmv2s/prediction_bitcoin_cash_will_soon_clear_8_mb/

Seems like they need to raise blocksize AGAIN. And when someone spams the memepool then they need to do it again lol.

This kills the nodes

>> No.5388188

>>5388028
Still ignoring Bitcoin killed itself with SegWit and LN
A lot of normies learned about massive BTC fees this weekend trying to move between exchanges.

>> No.5388220

>>5388188
now imagine the next normie wave. its going to be so strong... but now they know about the fees. so bch has a real shot.

>> No.5388278

>>5388220
Right. Not to mention all the forces pushing BCH... Lots of rich people in the crpyto industry, CNBC, seems many other media are pushing this coin. Also some vendors are pushing for it because it is easier to accept than regular BTC.

>> No.5388294

>>5387895
Its over corecuck. You can only stay #1 marketcap by shilling normies about real world adoption.
BTC has none of that anymore because its a useless shitcoin now.

>> No.5388358

>>5388278
>"some vendors"
Every vendor. Every marchant. Everybody trying to use Bitcoin for anything customer payment related will opt for BCH.

Going all in on BCH is a nobrainer. Whining reddit SJW who bought at 5k+ have no say in the matter

>> No.5388398

>>5388188
>>5388220
>>5388278
>>5388294
Good points, friendo.

Coinbase, CNBC, BTC expensive tx fee. These make the perfect combination.

Where do you think these will put BCH, price wise? Is expecting .5 by EOY too much?

>> No.5388462

We're at $3100 on GDAX now. $2800 on binance and rising.

>> No.5388469

>>5388180
Non mining nodes do nothing.

Also 32 mb blocks were planned already, because they knew increasing volume was coming.

Enjoy your1mb dinosaur coin

>> No.5388534

Fucking retards. Both BTC and BCC dinosaur cancer needs to die

>> No.5388537

>>5388398
Honestly start measuring BCH in dollars since when BCH is done, nothing will be measured in segwitsats anymore.

BCH will be bitcoin.

>> No.5388590

>>5388188
They said Segwit would make the transactions faster and cheaper. But they made them slower and higher. How could someone be to low as to lie on the internet.

>> No.5388631

>>5388537
>>5388590

Didn't you fags get the memo. Ver isn't paying you pajeets fucks to shill anymore. Budget ran out. You fags made your $4 now move along.

>> No.5388751

holy fuck its 4k on bithumb already

>> No.5388759
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5388759

>>5388631

>> No.5388768

>>5388631
t. paid by gregory to ad

>> No.5388795

>>5388751
They are always ahead but so are the other currencies. So in the end, you make the same profit unless you have a KRW account.

>> No.5388804

So you faggots didn't increase your BCH yesterday. I feel sorry for you. I bought 5.5 BCH yesterday in sale.

>> No.5388808

i fucking sold at a loss a few days ago. just gonna kms now.

>> No.5388893

>>5388804
Ive been all in since before the coinbase pump.
watching corecucks FOMO in when we hit BTC parity will be glorious

>> No.5388897

0.21 and rising

>> No.5388935

>>5388804
I would have if I wasn't all-in already

>> No.5388987

>>5388358
There wont be ANY FUCKING VENDERS who use BTC. Not one fucking vender will even slightly consider the idea. Nobody, ZERO.

They may pick something other than BCH, but I am 110% convinced beyond a shadow of a doubt they will pick BTC even after Lightning network.

>> No.5389002
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5389002

>>5388631
I can almost taste your bags. Sell now and buy BCH before suicide is your only option.

>> No.5389006

whats your target for bch? I think this will hit 4k in the next 2 weeks

>> No.5389087

>>5389006
Same I have a sell at .28sat

>> No.5389089

>>5388804
thank you for feeling sorry. i appreciate it. But now i see. This was my first crypto drop ive ever seen now i have a better understanding that the normies caused this and there may not be another.... cause its already so late. but if there is i will buy buy buy

>> No.5389090

>>5388987
Thats what Im saying.

They wont pick BTC in 2018 since unusable. And you can bet your ass they wont pick BTC + LN when it finally launches for the simple fact BTC devs fucked them over royally in 2017.

They may pick LN + Another coin, but NOT BTC.

BTC WILL NEVER BE USED IN ECOMMERCE.
maybe another altcoin
maybe BCH

BUT NEVER BTC

Best bets right now are ETH and BCH. Mid term BCH gains are therefore pretty certain

>> No.5389106

>>5389006
It already test 4k on the last increase.

>> No.5389116

>>5389006
it already is 4k on korean exchanges

>> No.5389136

>>5389106
>>5389116
Korean exchanges dont count.

>> No.5389139

>>5389089
there will always be drops and panic sales like yesterday. I am in this for 2 years now. And it repeats all over again. Just have your money ready to buy these panic sales. You literally ALWAYS make money if you buy these drama days and wait some days.

>> No.5389148

>>5388398
The only thing that saved BTC from chain death spiral was the Korea exchanges being ddos'd and knocked offline during the Nov-12 ramp.

Then the normie P&D on BTC came...crushed the market cap of everthing else because CME & CBOE listing bitcons drove BTC higher.

But people are waking up...BCH being bt to the moon by KRW(& China via KRW) again and so are alts.

>> No.5389158

>>5389002
>You haven't been around long enough.
>you're paid shill for bch
>you're retardation level is top
>you're just trying to make others here lose money.
pick all that apply.

>> No.5389191

>>5389090
I was vehemently circle jerking with you. Its a deadset fucking certainty that BTC is useless for any kind of commerce. You cant even use the shit to buy weed.

The coin is fucking garbage. 25 dollar transaction fees and its still rising?

If anyone here is still holding this coin for any reason other than trading you are retarded.

DO NOT HODL BTC YOU WILL BE BURNED.

>> No.5389224

>>5389158
in this case it is smart to buy BCH. obviously you don't go all in, because you never do it no matter how good you think things will be.

this is a nobrainer as much as it gets if people buy BCH on fucking coinbase in january. strap in now and relax some weeks. dont fomo or panic sell.

it is literally just a rational investment analysis if you don't care about fucking ideology or drama. BCH will increase. eod. if you like money, you buy. if you are a cuck who pretends to not care about makes drama about the btc/bch war, then you miss out. I ride the waves and benefit. I don't care at all who will win.

>> No.5389237

>>5389139
I sure hope so, i just know this is starting to gain traction. and i heard a politician tell me block chain tech is here to stay.

>> No.5389245

New exchanges are coming out that are paring
BCH. First of many

https://www.coinex.com/trading?currency=bch&dest=eth&tab=quote

>> No.5389273

>>5389136
Is Poloniex Korean? I see 4212 at the moment.

>> No.5389315
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5389315

>>5388751

>> No.5389330

>>5388469
>Non mining nodes do nothing.
They secure the network: https://www.coindesk.com/bitcoin-nodes-need/
Bitcoin core wants to do everything to have a secure network, Roger wants a coin where only miners run nodes.


Listen faggot if Roger and Jihan make the blocks bigger forever at some point they will gain full control over the chain, then they will tell you that the fees are too loe for mining to be profitable and then they tell you they have to hardfork to increase the miner reward and there is nothing anyone can do about it because they control all the nodes. This increases the money supply and we are basically back to fiat. HAVE FUN WITH THAT

>> No.5389371

You know. Its obvious now why Coinbase dropped BCH on us like they did. They saw the winds shifting when Core faltered. Not sure if they were planning it to crash the whole market but it was a benefit that it did. They bled Core and freed up money to pump Cash and at the same time old Cash bagdumpers were shaken free in the crash.

>>5389273
Bitcoin Cash BCH/BTC $97,141,400 >$3,134.14
6.78% Recently

Not sure what you are seeing.

>> No.5389467

>>5389330
If it's not profitable to mine, they stop mining and everyone can mine again which will lead to decentralization. Moron

>> No.5389488

Volume picking up again. Could get interesting.

>> No.5389518

>>5389330
Every thread, every single thread corecucks have nothing to refute the cold truth except tinfoil

Bitcoin grew for 9 years under the promise of being the money of the internet used in actual ecommerce.
Core decided to kill all of that
Something else will replace BTC now. Maybe BCH, maybe ETH maybe another altcoin.

But BTCs community was blinded by the pump and decided its ok to fuck over the ecomomy that made it big (every single business that decided to accept BTC).

Remember the days where /r/bitcoin had daily threads about new businesses which accepted Bitcoin? No more friendo. Because everybody and their mom is dropping cores ponzicoin from their checkoutpages.

>> No.5389532

>>5389467
>everyone can mine again

You don't understand, at some point the blocks are so big that the miners need to be hardwired via fiber optic cable. There won't be anyone being able to mine anymore if he's not connected to that fiber optic cable network.

>> No.5389560

>>5389330
>Listen faggot if Roger and Jihan make the blocks bigger forever at some point they will gain full control over the chain

Lightning network

You got own son , get on your knees. You got no defense against the Lightning network being literally corporations and banks owning your shitcoin.

The shit you say in your post has a name.

Its called PROJECTION

HAHAHAHA

>> No.5389599

>>5389518
One scaling option is that Bcash blocks will get so big that the network becomes centralized, the other scaling option is to jump from coin to coin regarding to what coin has the lowest fees in the moment and if all coins are expensive just launch a new coin.

Or you could come up with a layer 2 solution that handles transactions offchain. I'm not gonna jump from coin to coin

>> No.5389622

>>5389560
Not only that but also: LIGHTNING ISNT GOING TO BE USED UNTIL AT LEAST 2019

Ok lets just stop all BTC related businesses now. Take a vacation everybody and come back 2019 but pls dont use BCH again lol OTHERWISE YOU ARE A TRAITOR

fucking cucks i swear

>> No.5389636

>>5389518
I love how mad they are now. They ignored cash when it was low, saw it as free money to dump. The regretted the sale when it went over 1k but felt comfort looking at their "king". They laughed at Cash when it was added to Coinbase, pulling the same insults one after another, fake, Ver, etc. Now they are salty because they are holding the heaviest bags in crypto and Cash keeps getting stronger.

So they will fight thats when Cash will win.

>> No.5389658

>>5389599
You can scale with big blocks for years until it becomes an issue.

More than enough time to implement more scaling options while still being a usable currency.

Hell BCH could scale with big blocks and simply use BTCs open source lightning code when they figure it out. BTFO

theres also many more options than LN. google graphene

>> No.5389680

>>5389560
>You got no defense against the Lightning network being literally corporations and banks owning your shitcoin.

The problem aren't banks, rich people or corporations. They will always exist. It's centralisation and the inflaltion of the monetary supply. A LN node can't create coins or steal them from you. In fact when someone want to steal your coins you will be able to steal his.

LN doesn't give away security the network, bigger blocks do.

>> No.5389686

>>5389599
> One scaling option is that Bcash blocks will get so big that the network becomes centralized

Block size is raised as tech get better. Every year everything gets faster and cheaper. You raise block size as technology increases with it.

>the other scaling option is to jump from coin to coin regarding to what coin has the lowest fees in the moment and if all coins are expensive just launch a new coin.

a decent number of third/fourth generation have zero fees and nearly instant transaction times.

>> No.5389706
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5389706

Cash is outpacing ether and core in its recovery.

>> No.5389748

>bought in at 4200

TONIGHT I DONT BUY HIGH SELL LOW

TONIGHT I DRINK COREKEK BLOOD

>> No.5389797
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5389797

>>5388180

1. Non-mining nodes are irrelevant and slow down the network rather than do anything beneficial
2. The blocksize is scheduled to be increased again shortly, which is a very good thing.
3. Spam all you like Maxwell, it won't affect Bitcoin Cash
4. Kill yourself corecuck

>> No.5389818

>>5389680
>The problem aren't banks, rich people or corporations. They will always exist.

No dumbass its who has power over the coin that is being accounted for. Sure they always exist. But your stupid ass is arguing in favor of yielding more control to these people over something we can easily maintain without them being able to control it.

> A LN node can't create coins or steal them from you.

LN is all about controlling the coins. Once banks are the only ones able to run the centralized hub its game over. They can spy on you. They will even know where you live and where your transactions take place. They will have fast lanes, black lists, white lists.

LN would be even more control over money than they had with fucking FIAT lol

> LN doesn't give away security the network, bigger blocks do.

Its exact fucking opposite of the truth you shill fucking liar living in an alternate reality bcore fucking cuck. Please wake the fuck up now.

thanks in advance man. Larger blocks, Moore's law and maybe methods to make the blocks scale with demand is the only true path.

>> No.5389846
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5389846

>>5389224
Are you me?

I sold half of my alts and bought BCH solely because of this reason.

I don't give a fuck about these politics and dramas. BCH on Coinbase will bring in new money. That's 100% guaranteed.

It's just a little unfortunate that Coinbase fucked up and caused this mess, but once this chaos ends, BCH will skyrocket like there's no tomorrow.

Buying BCH now is a no-brainer.

>> No.5389853

>>5389706
Damn, sorry corecucks you can't use the "it's a pnd!" argument anymore.

>> No.5389880
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5389880

MOON YOU PIECE OF SHIT OR I'M GOING TO BEAT YOU ASS!!!!

>> No.5389954

yes this gains are nice desu. but it was too late to make any serious cash. yes you can invest 1k and get 3k back maybe in a few days but whats an extra 2k

>> No.5390003

>>5389954
>what's an extra 2k
fucking westerners fuck off

>> No.5390010

>>5389853

They lost every fucking argument. NOt one fucking argument was valid or turned out to be even half true.

"Muh store of value" - Motherfucker if it dont keep going up it wont have much value

"Its not meant to be money" - Then it isn't a store of value either

"Big blocks centralize the coin" - Big blocks just mean we need better mining equipment more miners both of which are provided as adoption goes up and Moore's law makes shit faster and cheaper.

"Roger Ver is Hitler and wants control" - Lightning network and high transaction fees to force you to use Lighting Netowrk is the epitome of centralization and control over the coins. There is NO FUCKING ARGUMENT AGAINST THIS! I have tried to figure out some caveat and failed every time.

"Its a PND" - ITS STILL GOING UP!!!!!

>> No.5390014

>>5389954
Mcafee said Bitcoin would go to 500k. He never said which one.

>> No.5390052

>>5389748
Bought at $4k and $4300.

Holding 'till we hit $10k in January.

>> No.5390057

Sry lads I gave up on bch. Sold mine for alts that are growing faster. Call me when it flips

>> No.5390080

>>5390014
Actually he did

>> No.5390094

>>5389818
>>5389658
I know there are more scaling options, I'm a comp sci faggot. You are not wrong but you have to inform yourself about global network restrictions, you are living in your own comfy bubble.
Most nodes are in North America and they have the problem that their internet being data capped https://broadbandnow.com/internet-providers-with-data-caps
They would get btfo royally when blocksize is increased so the idea is to painfully max out any other option before increasing the blocksize.

>>5389686
>Block size is raised as tech get better. Every year everything gets faster and cheaper. You raise block size as technology increases with it.
I know the argument is *moores law* but we are growing much faster than moore's law dude.

>>5389818
Everybody can run a LN node, even I could run one with 2btc on it right now, it's not expensive. You shouldn't use it for anything bigger than 20k $ transactions anyway. If a node or a group of nodes bans people then they just won't connect to it or make their own node, also there will even be TOR nodes.

>>5389818
>Please wake the fuck up now.
lmao I'm a LN tester on the test network, I used a node that closed with my funds on it and I could just close the channels and I got my money back. You have no idea how any of this works.

>> No.5390099

>>5390010
All of this.

>> No.5390116

>>5390014
bitcoin is bitcoin from the start and all forks attached, lurk moar

>> No.5390141

>>5390094
>Everybody can run a LN node, even I could run one with 2btc on it right now, it's not expensive.
You will be forced to comply with KYC and all sorts of money transfer/exchange regulation.

>> No.5390162

>>5390057
which alts?

All in on BCH right now but I'm getting bored waiting for it to shoot up.

>> No.5390163

>>5390080
>>5390014

Actually he was referring to Bitcoin Cash, he deleted the tweet because he was getting endlessly harassed by corecucks

>> No.5390175

>>5390116
>also since the majority is trading alts with btc pairs bch wont replace it. it needs to be paired first until it can actually put a lasting dent in btc

>> No.5390185

>>5390080
No, he didnt.

>> No.5390230

>>5390185
He said in multiple interviews BCH is bound to win.

>> No.5390302

>>5390141
That's the same as saying "why should I buy some coin? As soon as goverments don't allow me to use it it's worthless!". I haven't seen anything that validates this assumtion.

Also have fun finding the ip of my node in a tor network (never going to happen)

>> No.5390324

>>5387854

John talks about Bitcoin Cash here to whoever is doubting

https://youtu.be/2uhPnOyBHQs?t=2682

he makes some good points.

>> No.5390362

>>5388935
Me too

>> No.5390367

>>5390302
Normies will trust the big nodes. If LN gets widespread adoption theres probably gonna be a Faceberg node and a google node etc

There will be few but giant nodes. Its inevitable.

>> No.5390539

>>5390094
>Everybody can run a LN node, even I could run one with 2btc on it right now, it's not expensive.

Flat out lie, you need to queue up a large sum of BTC into the channel and people will need to connect to you. You also need to pay transaction fee to queue those coins.

Also the node itself, its hardware is likely proprietary nightmare and highly expensive. Plus you will need to have a fast connection as well.

You will be forced to maintain the node for free which wont be cheap. And if you are allowed to profit then the FBI and the IRS can easily take you down in various ways if you are getting "too out of control"

Again, LN is a horrible solution and you are going to fucking have to prove to me its not. I need to know how you will make it cost efficient and not at least moderately technical. And where will the incentives be to run it?

.. Side note : You started off with a "I'm very smart" ... Not looking good man.

>> No.5390765

>>5390302
>That's the same as saying "why should I buy some coin? As soon as goverments don't allow me to use it it's worthless!". I haven't seen anything that validates this assumtion.

Its more like saying "There are other better coins, why would this one be worth my money."

The problem you guys on the pro LN side of things are having is that you are not fighting illiterate nocoiners with a chip on their shoulders.

Now you are dealing with btc early adopters who jumped ship due to valid arguments and are also most likely going to earn more in 2018 because in 2017 alt coins often out performed BTC 100 / 1 in many cases.

You are on a sinking ship that's also on fire surrounded by life rafts that lead to greater things. Core fucked up so hard they defined what a cryptocurrency bubble really looks like.

>> No.5390843

>>5390230
Thats irrelevant. When he made the dick comment he didnt specify,.

>> No.5390938
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5390938

>>5387854
You're ta means nothing whrn it's a dead coin manipulated by billionaire con man and bond tier baddie who controls all the mining. Only noobs, shiils and ABSOLUTE retards care about that shitty alt coin

>> No.5390993

>>5390367
yes there will be big nodes but if they fuck with us it doesn't matter, people will switch the node

>>5390539
>Also the node itself, it's hardware is likely proprietary nightmare and highly expensive.
No there are multiple implementaitions and everybody can do his own one, there are 3 companies implementing LN stuff. Learn what open source means, no one has to buy anything from kekstream.
Imagine you want to use bitcoin and you have no clue about it and then those companies provide help.

I'm not 100% informed how funding works so I won't comment on that.

>You will be forced to maintain the node for free which wont be cheap
???

>the FBI and the IRS
There is no official statement from anyone, it's just bcash fag fud

>Again, LN is a horrible solution and you are going to fucking have to prove to me its not.
ok
1. download the "Eclair Wallet Testnet" on your android phone
2. Get testnet bitcoins here https://testnet.manu.backend.hamburg/faucet send them to your wallet
3. Send funds to an ln channel and wait until they have arrived
4. Buy a bloccachino here https://starblocks.acinq.co/#/

>.. Side note : You started off with a "I'm very smart" ... Not looking good man.
I just wanted to say that I know what I'm talking about but I understand that you think it's faggy

>> No.5391090

>>5390010
lmao
al of this is so wrong it's stupid. How much are they paying you, seriously? "big blocks just mean better mining equipment" holy shit

"LN is centeralized"

jesus chrsit

>> No.5391172

>>5391090
Look another clueless retard

>> No.5391342

corecucks = berniebros. 8 year old intelligence.

>> No.5391574

>>5390993
>yes there will be big nodes but if they fuck with us it doesn't matter, people will switch the node
Bullshit. You see normies leaving Facebook and google because they fuck with peoples privacy?

>> No.5391633
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5391633

>>5390162

Patience. 10k this week.

Normies are still recovering from their first dump.
Once they see it all goes up they will buy that delicious bitcoin that's still at 3000 USD.

TOMOROW THE NORMIES DINE AND SPREAD THE FOMO

25th will be a record for cryptos.
Everyone is hung over and putting their money into the biggest and best investment EVER.

OMFG THE GAINS WE WILL SEE WILL BE DELICIOUS.

>> No.5391740

>>5390993
>No there are multiple implementaitions and everybody can do his own one, there are 3 companies implementing LN stuff. Learn what open source means, no one has to buy anything from kekstream.
>Imagine you want to use bitcoin and you have no clue about it and then those companies provide help.

What one is your favorite?
How much will it cost? I'm willing to bet a couple thousand for one that will be able to work correctly under stress.

Also you mention that 20k of BTC is min to get one of these in working order? You mention that another over 20k is not a good idea right?

So costs to keep one of these up and running for 12 months is about 20-25k?

"Everyone can do it" :D

> There is no official statement from anyone, it's just bcash fag fud

I mean if everyone has 25k to tie up on something that wont

>You will be forced to maintain the node for free which wont be cheap
> ???

20k plus the hardware and maintaining the netconnection and making sure you pay off the government and stay legal. NAH thats cheap man.

Much better than the opportunity cost of dumping 20k in ripple for 2018.

> I just wanted to say that I know what I'm talking about but I understand that you think it's faggy

I dont know man. This argument sucks because I am still having a hard time seeing around how this arbitrary bullshit scheme makes any sense when even at its worst blocksize out performs it by a fucking lot. Its easier its simpler. There is no black lists and spying.

Centralized lightning network hubs are super cheap for the low prices of 25k a year with no way to recoup losses!!

>> No.5391761

>>5391342
Worse, these mutherfuckers are antifa dumb.

>> No.5391787

>>5391342
go back to /pol/

>> No.5391856
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5391856

>>5390938
>dead coin manipulated by billionaire con man and bond tier baddie
>Only noobs, shiils and ABSOLUTE retards care about that shitty alt coin
Same old song. You corecucks are like a broken record.

Anyway, I'm in it for the money, not to fight someone else's ideologies. And buying BCH now is guaranteed minimum x2.

>> No.5391908

>>5391856
>buying BCH now is guaranteed minimum x2.
this. Why even get emotional. free money.

>> No.5391955

Points against bcash:

>56% of your nodes are in Hangzhou China.
>There are people who can sign NY-style agreements on behalf of your coin
>Cryptokitties proved block size increases are not the solution to on-chain scaling
>Even if they were, continuous increases would eventually make it so that only massive organizations could mine
>You have 1 dev and your code is already behind (let the insanity of that statement sink in)
>Biz supports it and thinks it will be the next big thing

Points for bcash

>Lower fees and transaction times (because nobody fucking uses it and that would change if any did but wtv, you do you)

Decentralization is the entire point. bcash is centralized.

No, muh Blockstream is not an argument. The majority of Bitcoin devs are NOT Blockstream people.

No, muh delusion is not an argument.

Enjoy your bags.

>> No.5392019

>>5391908
They are too dense to understand.

If I wanted to be a fanatic, I'd spend my time on /pol/ instead on /biz/.

>> No.5392039

lightning network has been 6 months out for 2 years now. an avg transaction is $55 on bitcoin trash (bcore).

its really the biggest fucking joke. everything that bitcoin was created and sold as (cheap, instant, irreversible, anonymous) has been thrown out the window. The divide and conquer strategy is going to work, but only for a while. normies will put off from losing all their money in bitcoin trash.

everything is as it should be

>> No.5392046

>>5391955
Ver is paying people to post all these idiotic pro-bcash posts, this is like CTR shit. Anyone with two neurons to rub together can tell that a sthicoin with a single dev that's already behind who's entire premise is 8mb blocks is a scammy altcoin.

I wouldn't even bother arguing with the shills, everyone here who isn't 12 years old already knows

>> No.5392047

>>5391955
Nobody cares, we just want money

>> No.5392088
File: 356 KB, 1668x765, 8FEA87F2-3F59-4488-BED3-5AC08823253A.jpg [View same] [iqdb] [saucenao] [google]
5392088

How will normies react to the flippening?

Most don’t have any BCH.

>> No.5392145

>>5391740
Open source works like this: Many companies want something so they come together and agree on a protocoll standart and then everybody can work on top of it. Like html for example just look at the W3C foundation. LN is such a standart on top of segwit.

Now not every company wants to manage their own html website so some people program servers like f.e. Oracle. Oracle then takes care of the server and the hardware and thats how these people then make money. Many different people offer this service it's not just oracle.

the rest of the bullshit you wrote just shows how much of a brailet you are

>> No.5392200

>>5391955
>>There are people who can sign NY-style agreements on behalf of your coin
GOOD
If 2MB agreement would have been respected. BTC would trade at 30k+ right now

>> No.5392243
File: 409 KB, 1668x1152, 97340CB2-F920-4857-BCAE-1CF2DA2A0983.jpg [View same] [iqdb] [saucenao] [google]
5392243

>>5392200
>bcore brainlet

2mb isn’t enough.

>> No.5392273

>>5392046
the 1 dev stuff id bullshit FUD.

Bitmain is behind BCH. Bitmain mines at least 25% of all bitcoin blocks.
They have infinite money to hire devs

>> No.5392278

remind me again which coin wall street created a futures market for again?

>> No.5392322

>>5392243
At least fees would still be at 5$ instead of 55.
Im pro bitcoin by the way (BCH is bitcoin)

>> No.5392389

>>5392322
How do you know what fees would be?

If block size is smaller than average tax volume miners can create an artificial base on tx fees.

>> No.5392393

>>5392046
If you want to get technical. Bitcoin is closer to Hillary in nature. Pro establishment while pretending to be anti establishment WHILE BEING THE ESTABLISHMENT. Pro corporatism and big banks. "Muh Russia" is pretty much identical to "Muh Roger"

Identity politics is mercifully absent. The closest we got to that right now is religious devotion to HODL culture and the iconoclasm of R/Bitcoin where they act like Roger Ver is testing your fucking thetan levels.

Arguing that Lightning network will be inexpensive and everyone can do it reminds me of Bernie supporters trying to claim that Bernie still had a chance in the election cycle.

"LN will be so cheap because reasons! You just have to pretend you dont need to tie up a massive amount of BTC in the channel, and you have to actually buy and run the node. Once done with making sure the government is happy with your node then you just simply need to pretend that you would not have made more money investing in another coin! Then Florida and New York state will vote for Bernie and bam he wins!"

>> No.5392477

>>5392145
>LN is such a standart on top of segwit.

You know what is objectively better? Another fucking coin.

>> No.5392512

>>5392393
LN is irrelevant if they don’t increase blocksize.

Fees will continue to go up and it will literally be a confiscation anyone holding less than a decent amount of bitcoin.

When you can’t move your BTC because the fees are too high it’s s confiscation of wealth.

>> No.5392559

>>5392273
>money to hire devs

lmao the shills just don't get it. Bitcoin is an open source project with hundreds of volunteer developers you absolute retards

>> No.5392667

>>5392393
Lightning networks WILL be inexpensive. If ANYONE ELSE has an open channel with funds higher than you need to send you can USE THEIR CHANNEL. You don't need to open channels. Why don't you go watch a video on it or better yet try a demo?

Bitcoin is not closer to HIllary in nature. Bcash is already over 50% Alibaba server chinese minors, the 8mb block meme has already resulted in the exact future that core predicted and rejected.

It's ironic you call the coin that's controlled by a network of hundreds of open source volunteer developers the "establishment" and a coin with a fucking CEO the anti-establishment.

>> No.5392676

>>5392559
Well craig and bitmain are hiring fucktons of devs, funding peoples research and reaching out to the companies that matter in this space.

Very soon they are launching an exchange that will only trade BCH pars with all alts.
They will get the other big exchanges to add BCH pairs for all alts.

They will crush BTCs little reddit army.

They will run this shit like a ruthless free-market business and thats why they will win.

>> No.5392702

>>5392512
creating a caching layer on top of bitcoin will lower fees

>> No.5392740

>>5392676
bitcoin isn't a business and that's why it will win. I can't believe you don't understand what bitcoin is. How long have you been into this? since November?

>> No.5392742

>>5390185
https://www.youtube.com/watch?v=2uhPnOyBHQs&feature=youtu.be&t=44m40s

>> No.5392749

>>5392667
>Bcash is already over 50% Alibaba server chinese minors,
BCH will be more profitable to mine. Virtually all BTC miners will switch to BCH.

>> No.5392772

>>5392740
2013

BitcoinCore ignored that their product, BTC, has to be useful in order to keep having value.

>> No.5392778

>>5392702
How do you know it will lower fees?

That hasn’t been substantiated.

The 1mb artificial blocksize is inadequate for 1/6th of the amount of transactions of current bitcoin.

>> No.5392815

>>5392772
bitcoin core isn't a business and btc is not a product

8mb block sizes is a joke of a solution. I don't know what to say if you think that's going to work out. This is like trying to talk to a flat earther or something

>> No.5392820
File: 9 KB, 713x288, BCHCapture.png [View same] [iqdb] [saucenao] [google]
5392820

Buy wall 6860BTC high on Bitstamp (BTC/BCH). I think I've never seen something like this live in action

>> No.5392857

>>5392820
what a totally legit and not manipulated non-scam coin we got here

>> No.5392875

>>5392815
I think it will work out.
But honestly even if it doesnt work out long term, it will work long enough to take all users from BTC (since BTC cant be used for anything other than hodling anymore)

>> No.5392876

More like bitcoin CRASH

>> No.5392883

>>5392778
anything that takes pressure off of the chain will lower fees. The spam attacks from chinese bcash backers stopping would help too. Finally implementing segwit would also go a long way.

If you've been following core discussions on git and irc you can see there are tons of solutions being tested and implemented to address fees. Putting in block changes that result in a chines government controlled currency is obviously counter to btc's ideal, and it would only reduce fees temporarily

>> No.5392911

>>5392667
> Lightning networks WILL be inexpensive

Yeah you just need a ton of money. You need to have more money than people who will have to connect to your channel will ever use. And they will have to choose by the way, and choosing costs money as well because you have to connect to that channel. People will end up connecting to bigger channels in general because they will trust them more once given the option. So banks and corporations will generally be better anyway. Not to mention the fact that banks and corporations will offer fast lanes and all kinds of neat features. sprinkle on a little government regulation to keep the plebs out altogether which can already be done with existing laws. Make sure that running the node itself cant really yield a profit or even be able to break even.

I say that having a lightning network will be a lot like running a local ISP. You will have to buy up the hardware and make sure you have a fast enough connection.

Sounds cheap to me guys.

>> No.5392917

>>5392815

8mb is a joke? thats your argument. how is your $55 fees working out? Did you read satoshi or are u one of the "satoshis vision was wrong" types. He only put the 1mb in as a temporary solution.

full nodes do NOTHING. miners are the nodes. miners have and always will control bitcoin, but chinese wouldnt act so SIX development teams joined BCH. Its not one guy.

>> No.5392918

>>5392857
>whining about manipulation instead of getting in on the easy 2x
Sure feels reddit in here

>> No.5392919

>>5392875
btc will become a settlement layer and user transactions will occur in a caching layer. Every coin will switch to that model once they are large enougj unless there is a major reworking of blockchain tech

>> No.5392931

>>5392883
You have t proven that it will decrease offchsin transactions considering it may cause an increase in adoption.

You can’t judt claim LN will magically decrease blockchain fees without evidence of it.

>> No.5392939

Smear campaign against bch
Just say it’s run by Chinese

>> No.5392968

>>5392919
There no proof of anything decreasing blockchain fees except increasing the blocksize.

>> No.5392986

>>5392911
you have no idea how lightning works, PLEASE go read up on it before posting about it here

>>5392939
you can just go look at where the nodes are, it's a factual claim, anyone can go check

>> No.5392990

>>5392919
I agree, but 1MB is too low. Have fun waiting for LN for a fucking year while alts comfily take the marketcap

>> No.5392993

>>5392919
>unless there is a major reworking of blockchain tech

protip, there was a major reworking. They changed a 1 to an 8. Took a lot of brain power and math calculations and simulations to figure this out, kek. And wouldn't you know, it fucking works great. Too bad the neckbeard faggots at blockstream got cucked by bankers, even they supported larger blocks until their company was bought by literally the bilderberg group

>> No.5393003

>>5392939
this
if you haven't invested in bch right now, you can't be helped

>> No.5393017

dont care about details. this is what i care about:
https://fork.lol/tx/txs
bitcoin's transaction rate is stuck. bch's transaction rate is increasing to overtake btc's. the play is so obvious.

>> No.5393022

>>5392820

Whales pushing BCH down so they can buy in. Very bullish signal, although it doesn't look like it.

>> No.5393028

>>5392986
Can you jump off a bridge already?

There is NO proof LN will decrease blockchain fees.

It may even INCREASE IT. Because to open up a LN you have to use the blockchain.

>> No.5393072

>>5392990
we already have segwit, but bcash supporters are refusing to implement it (coinbase). If you want lower transaction fees use a segwit enabled wallet, it isn't that difficult

>>5392993
you don't even know what the word "scale" means, do you work at a fast food restaurant? how can people this stupid even figure out how to sign up on coinbase?

>> No.5393115

>>5393028
lol. I hope people read this full post and think about it. I don't have to say anything

>> No.5393156

>>5393115
I hope you use your brain for once instead of regurgitating bcore propaganda.

>> No.5393157

>>5393072
look newfriend, I know you are ass-blasted that you were brainwashed into selling your BCH at $300 and now its 10x

we all make mistakes, just buy your coins back, take the loss like a man and stfu, your desperation is embarrassing

>> No.5393188

>>5392993
Are you braindead? You realize that a) miners are congesting the network deliberately to jack up fee's and b) BCH isn't seeing anywhere near the volume of BTC.

The BCH network could still easily (and will be if it truly does flip BTC) be subject to the same attack/fee manipulation as BTC, it doesn't matter if the block size was 100mb. The only real long term solution is segwit + LN.

>> No.5393279

>>5393188
>LN will solve the 1mb problem

No, it won’t.

Bitcoin Cash has 1/6th the transactions as Bcore and its blocksize is already larger.

>> No.5393314

>>5393072
>but bcash supporters are refusing to implement it
So apparently the devs fucked up with their descision.
Also even at 100$ segwit adoption its only 1.7MB blocks. Not enough.

>> No.5393341

>>5393188
a) no. attacks like that are too expensive, exponentially more when you raise the blocksize. and proof? none bc u have none

b) irrelevant

c) the only solution is to use lightning network so my boss can collect fees and dox u. u dont have to pay for this channel friend, ill loan u the money, just send me ur id and tax #

>> No.5393344

>>5393279
Why is that even relevant? Do you seriously think Bcash could scale to visa level transactions with big blocks? What is stopping the miners from congesting the network regardless of how big the blocks are, so t hat no matter what the block size is, the blocks are still full? The only way for big blocks to work is if we had a truly decentralized mining network.

>> No.5393355

>>5393188
You clearly have no idea how Bitcoin mining and tx works. Setting transaction fee is effectively a bidding process where you can front run other people's fees. Low fee transactions can't be used to congest the network because those are evicted from mempool automatically. To actually "congest" the network you have to pay money for it and you have to pay more than other people do.

>> No.5393387

>>5392986
Ok explain how its cheap having to spend MORE MONEY.

Super cheap guys, make sure we all have 20k kicking around.

>> No.5393399

>>5393344
You have to pay fees bigger than all other people are paying in order to get your transactions to "congest" the network. A "spam" transaction will be paying more than legit transactions. There is no "dust" attack because low fee txs are evicted from all mempools.

>> No.5393411

>>5393341
a) That would be true if mining was decentralized, but as it stands they can congest the network, and recoup the money spent in the blocks because they'll just mine it back anyway (plus more due to artificially creating scarcity).

b) Sorta

c) ???

>> No.5393427

>>5393344
Bitcoin Cash has an unlimited blocksize. If miners choose to clog the system to the detriment of the coin other miners can raise the blocksize.

>> No.5393435

>>5393341
the bcash shills aren't even trying. Look at this post. Are they overworked? Why are they so bad? Look at c lol, this is like what my grandma would assume about lightning.

>>5393387
someone opens a channel, MANY people make transactions through it before it's closed, ONE transaction on the chain. I don't know what to say, you clearly haven't even read a description of what lightning is.

>> No.5393461

>>5393427
What other miners? BCH mining is centralized.

>> No.5393473

>>5393411
No, they can't just recoup the money because if they do high fee spam transactions they're effectively sending money to non-Chinese miners. And to assume all Chinese miners form a single entity that only has its interests in mind is at best childish and at worst racist.

>> No.5393488

>>5393461
So Chinese people mining is centralization, but other country people mining is decentralization?

>> No.5393499

>>5393435
1mb block size can’t support 1/6th of the current bitcoin transactions. What don’t you understand?

Even if 80% of the transactions went to the LN it’s not enough.

>> No.5393510

>>5393435
i really hope that Lightning will kill Bcash; but honestly i think it will be around for longer.
Lightning is the cleanest and best solution to the scaling issue and even Bcash knows this. I just cant to terms with this shitcoin and would rather see it dead but the market is the market.

>> No.5393524

>>5393461
Start your own mining farm.

>> No.5393541

are we mooning anytime soon or what's happening?

>> No.5393547

>>5393473
>assuming a government which heavily controls every aspect of its citizens would also want to keep control of currency is racist

these posts keep getting worse and worse, nevermind the laughable understanding of bitcoin, blockchain, and ln

>>5393510
lightning isn't the only thing- core is making improvements every day to fix this while bcash is rapidly falling behind because noone is working on it

>> No.5393550

>>5393499
If the block size was increased to 2mb, along with segwit adoption, it would probably be enough until lightning.

>> No.5393561

>>5393188
>The only real long term solution is segwit + LN.

Actually as adoption goes up more people mine. And tech for mining gets cheaper so even more people can do it.

It was the original design for the coin. They meticulously and skillfully changes a 1 to an 8 on one line of fucking code and Boom problem solved.

We cannot trust anyone who is unable to change a variable from 1 to 8 on a principled argument against block size increase. Bcore lost and this is what losing looks like.

game over

>> No.5393569

>>5393411
oh now its they can congest? i thought they were. so u admit they arent?

>>5393435
calling me a shill and saying im bad at it. not an argument.

"accuse people of what you do"

these corecucks speak in circles. they have 10 points that are all bad, and just switch between them. time is wasted, people get mad and confused. they repeat the lie. dont worry friends, the good tech will win.

>> No.5393573

>>5393461
not for long. BCH will be more profitable to mine than BTC

>> No.5393590

>>5393550
You keep moving the goal post.

That’s the problem with Bcore fanatics.

Bitcoin Cash solved every problem of Bcore.

>> No.5393595

>>5393524
as the block sizes increase only a select elite will be able to afford the bandwidth costs to mine

>> No.5393597

>>5393547
Again, another racist bcore supporter with no argument. Just because their government is authoritarian doesn't mean any organizations their citizen forms is automatically under government control. Go drink your koolaid.

>> No.5393598

>>5393499
People will get educated to use LN to avoid high fees and long waiting times. Eventually writing directly to the blockchain as we do it now will completely dissappear as a viable option for end users (which is a good thing). The blockchain should transistion to solely hold lightning payments, that way miners will still be able to finance themselves via high fees when the last coin has been mined.

>> No.5393615

>>5393595
And only a select few elite will be able to tie their BTC stash to open an LN hub node

>> No.5393632

>>5393510
Lightning cant kill anything since it wont be usable until 2019 or so.

A literal clusterfuck of code has to be implemented in many wallets in order to get to adoption.

Those are 12+ months for BCH to take cores shitcoin marketcap.

>> No.5393636

>>5393435
>someone opens a channel, MANY people make transactions through it before it's closed, ONE transaction on the chain. I don't know what to say, you clearly haven't even read a description of what lightning is.

all you have to do is have a shitload of money and a reputation for being reliable.

LN super cheap guys.

>> No.5393637

>>5393561
See previous posts. Not a long term solution.

>> No.5393649

>>5393598
So every person holding a coin on the blockchain will have it stolen by exorbitant fees?

Thanks for telling the truth.

>> No.5393661

>>5393597
>if you support a decenteralized currency you're racist! buy our Bcash instead!

>>5393590
>larger block sizes solves every problem of bitcoin
lol

>> No.5393683

>>5393598
>People will get educated to use LN
in camps?

>> No.5393682

>>5393661
Moving the goal post again.

>> No.5393712

>>5393569
What are you even saying?

>>5393573
Of course the price of BCH going up would make it more profitable (as well as BTC more profitable too). Ultimately it's a good thing for miners with S9's

>> No.5393714

>>5393547
>lightning isn't the only thing- core is making improvements every day to fix this while bcash is rapidly falling behind because noone is working on it

They must be slaving away not changing a variable from 1 to 8. That sounds like they are fucking breaking their backs right now!

>> No.5393722

>>5393598
SegWit usage is down to 10% from 15% two months ago. People just isn't using it no matter how much you want to push it down people's throats. LN will face the same face, when it comes out in 2025.

>> No.5393727

>>5393649
I think you have no idea how LN and blockchain work separatly and interact together. Nothing will be stolen because of high fees.

>> No.5393738

>>5393590
They may have solved the problem temporarily, but it will become redundant in 6 months anyway, so what was the point of a hostile fork?

>> No.5393759

>>5393636
>reputation for being reliable
once again these idiots show that they are just making up what they think lightning is in their own heads. They have no idea how any of this works

>>5393682
I'm not moving any goal posts, increasing block sizes ad infinitum is not scalable, what don't you understand?

>> No.5393760

>>5393714
My theory is most core devs missed out on hoarding in the early days and got involved in other coins and companies.
If you are a big time holder in some other coin, its a great incentive to fuck up on bitcoin.

>> No.5393762

>>5393072

>use SegWit wallet
>WOW! Transaction fee is actually lower!!
>...
>...
>Fee too low. Transaction stuck.

>> No.5393768

>>5393712
Your failure to understand BCH difficulty adjustment mechanic is laughable. BCH/BTC hash ratio will drift towards BCH/BTC price ratio.

>> No.5393783

>>5393598
Boom! Someone gets it.. what incentive is there to even mine the network once the only coins in the blocks are the mining fee's...

>> No.5393790

>>5393722
If you have such a reliable crystal ball why are you not a billionaire yet

>> No.5393792

Will this hit .4 BTC anytime soon?

>> No.5393795

>>5393727
You stated the implicit goal of Bcore was to raise fees to make all transactions outside of the LN expensive enough so that miners could profit.

That means anyone holding a small amount of Bitcoin will inevitably pay a 100% fee on their Bitcoins to move them on the blockchain.

>> No.5393810

>>5393790
Goal post moving.

>> No.5393821

>>5393712
>as well as BTC more profitable too
No BTC will never be at above 10k again. You better sell today before the crash that will be happening in the next 12h.
Screenshot this

Thats the sad part about these threads. You think we are paid shills. But in reality noone would have to shill here. Its pretty nice of us to tell you about BTCs impending doom actually.

>> No.5393847

>>5393637
Yeah motherfucker but shit is falling apart right now.

Also LN is terrible anyway. You lose now and you lose 18 months from now when the shit solution is released as well.

That is a lot of losing!!

>> No.5393861

>>5393783
Funny that core members regard mining fee almost surpassing block reward as an achievement. I guess you haven't received the talking point.

>> No.5393879

>>5393821
Some Bcore devs actually want to decrease the blocksize to 300kb.

That’s how retarded they are.

>> No.5393904

>>5393879
WHEW LAD

>> No.5393922

my lightning!!!!!!!! just wait for my lightning. its coming i swear!!!!!!!!!!!!!!

god. if u are dumb enough to fall for this shit, and think $55 transactions are ok. fuck you

>> No.5393949

>>5393759
>once again these idiots show that they are just making up what they think lightning is in their own heads.

You are going to have to be able to choose a hub that fits your needs ahead of time. The Hub that is best is likely going to be your fucking bank who is selling you a sweet deal on a fast lane for only 19.99 a month!

LN is super cheap guys. Just 19.99 a month to do what BCH can do now.

>> No.5393969

my favorite shill characters in this thread so far:

Shrinidhi "goal post" Ahuja, who just keeps replying to everyone repeating an english idiom he doesn't understand

Radhiki "is lightning like facebook?" Kashimir who thinks the lightning network involves everyone paying $100 to make every transaction while sending their social security number over the network

these guys have probably racked up dozens of dollars today in their callcenter shilling this

>> No.5393977

>>5393861
You need an incentive for people to remain mining once all the coins are mined, otherwise the network will die.

>> No.5393978

>>5393795
The goal of btc is to keep the network alive after the last coin has been mined. Simply increasing the block size is an african or indian tier solution that will fire back in the long run. It creates a lot more new problems that were not there before and its eventually not sustainable. LN is a proper solution, clean and long term. I honestly dont think it will take that long till they introduce it, i checked one teams git today and they had multiple commits that were below 1day of age. And dont forget its three teams independetly working on a client and the tech standard/specification is already finished. They also successfuly ran their intrclient integration tests already so -even naming it conservativly- it will most likely not take years till this hits the main net. I checked out acinq’s LN Eclair Alpha on Win 2 days ago, i know what im talking about.

>> No.5393982

>>5393879
Funny that Blockstream CEO supported bigger blocks before they started working for Khazarian banking cabals.

https://twitter.com/adam3us/status/636410827969421312

>> No.5393993

>>5387854
zcash is better than bcash

>> No.5394004

>>5393969
>Oh shit Im losing
>must be pajeets

>> No.5394018

>>5393949
this is completely wrong. I once again urge anyone reading these absurd posts to go look up what lightning is. It doesn't involve yoou making a choice ahead of time.

>> No.5394033

>>5393977
When theres 1000000 cheap fee transactions in one block the reward is still higher than 20000 expensive transactions, brainlet

>> No.5394034

>>5393792
>>5393792
guys seriously. is the flippening legit?

>> No.5394035

>>5393978
Somyour solution to the mining reward problem is to nullify anyone’s bitcoins outside of the LN by decree of fees?

Sounds like s great plan.

>> No.5394060

>>5393982
Sacrifices need to be made if you want to actually be able to scale this tech to billions. It's literally impossible to do it any other way as far as we know.

>> No.5394066

>>5394034
yes. In a few months everybody on /biz/ will pretend to have been with BCH from the start.

>> No.5394101

>>5394034
Pretty much.

Bcore is an inferior product.

>> No.5394138

>>5394060
1GB blocks have been tested and work. That's 10x capacity of Mastercard.

>> No.5394166

>>5394101
bcash is objectively inferior to Litecoin. Why not just use Litecoin for transactions until Bitcoin has lightning ready? Litecoin already does close to the volume of BCH anyway and it's on all the exchanges.

>> No.5394189

>>5394138
But mutumbu wanted to run a node on his Iptone with 3G 1!!! Proposal discarded filthy bigblocker!!
enjoy your ban

>> No.5394204

>>5394166
>Bcore fags actually argue that Litecoin is superior to Bitcoin

This is how delusional you’ve become.

>> No.5394228

>>5394035
I think you have no idea how LN works. Its a second layer solution, you open up one channel, pay for that channel in fees on the blockchain - and thats it. You are connected to all other lightning users and can send/receive btc normal, instant and with extremly low lightning fees.

I bet 95% of the retards here havent even read or watched any tech doc to Lightning, its really a killer solution that will just trash can a lot of problems and render many altcoins completly obsolete.

>> No.5394242

>>5394018
>these guys have probably racked up dozens of dollars today in their callcenter shilling this

The fuck is a "call center"

Also I love how I now need to "educate myself".

LN is super cheap guys! Its the most cheap thing ever once you have at least 20 grand, and a reputation for being reliable and all of the hardware and the technical skills to keep it up and running which probably requires employees.

LN is absolutely inexpensive everyone! Just make sure you have an LLC!!

>> No.5394248

>>5394204
They say this because they know LTC is dirt. They recommend LTC because they are not intimidated by it.

>> No.5394250

>>5394034
Lol no, Bcash is utter garbage and will vanish once Lightning takes off.

>> No.5394261

>>5394228
>if you don’t join our lightning network and keep your coins on the blockchain we will steal them by decree of fee

Fuck off you garbage of a human being.

>> No.5394268
File: 132 KB, 1024x580, DRu5c6TWsAEZ41O.jpg [View same] [iqdb] [saucenao] [google]
5394268

>> No.5394301

>>5394250
>imagine being this cucked

Implementing segwit is trivial compared to LN. 5 months after softfork we have 10% segwit adoption.

You do the maths.

>> No.5394309

>>5394204
Using the exact same logic and argument, Litecoin is superior to both Bitcoin and bcash right now, but they will both become irrelevant once LN is active. The only advantage bcash has is that the block change works as a temporary fix, but why did we need a fork for this when we can just use Litecoin?

>> No.5394332

>>5394242
You dont need trust or reputation for lightning, its an entirely technical solution that punishes misbehaviour via a set of rules.you can run a lightning node at already low btc investment. And you profit everytime someone sends a payment through your node , cause they pay small tranafer fees that gets distributed among the path of the payment. Fucking indian street shittrs here have no clue what they are talking about.

>> No.5394345

interesting discussion lads where did you do your research/background reading to learn all this shit

do i just read the whitepapers and githubs or are there other resources

>> No.5394369

>>5394242
Kek how sheltered are you. Call centers are where you're going to have to work when mummy and daddy kick you out for losing all their money on shitcoins.

>> No.5394375
File: 372 KB, 1668x1156, F8CE8956-7E8D-44DB-9A5D-8A20A1CE792F.jpg [View same] [iqdb] [saucenao] [google]
5394375

>>5394309
Yes, I was implying your statement indicated Litecoin is superior to Bcore.

But it’s not superior to Bitcoin Cash.

>> No.5394385

>>5394228
You have to connect to the channel. The channel acts as a centralized hub. You can then connect to people who are also on the same channel.

Its ok though because literally everyone will have the 20 grand to open a channel and get enough people to connect to it.

Super cheap guys

>> No.5394402

>>5394261
Yeah i know you are pissed because you bet your money on Bcash (for whatever stupid reason) but its a bad bet and there‘s still time for you to return to btc and not lose your money. No need to insult me here just because i lay out the facts in the open.

>> No.5394403

>>5394345
I read whitepapers and listen to recordings of talks from Blockchain conferences.

Heres a primer on problems with lightning: https://www.reddit.com/r/CryptoCurrency/comments/7cwfm5/something_very_important_to_consider_about_bch/dpuc4yc/

>> No.5394408

>>5393978
100% this

>>5394066
in a few months everyone will be confused where the bcash posters went because they aren't being paid anymore

>>5394138
you don't understand the point of bitcoin. I hope the flippening does happen so that core can continue to work towards continuing to improve a decenteralized currency without this drama while your shitcoin is just manupulated by its 1 miner who can afford 1gb blocks.
Eventually it would turn back around. Gresham's law will always prevail in the long run

>>5394242
>The fuck is a "call center"
you would know it as a Kāla saiṇṭara.

>I love how I need to educate myself
>It will cost you 20 grand to send an LN transaction
lol

>> No.5394423

>>5394332
Nah bro, you are the one who has no clue what they're talking about. Read this and educate yourself faggot.;

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

>> No.5394439

>>5394402
Actually I have both you retarded mutant.

>> No.5394465

>>5394375
The only reason why it spiked higher is because the price of Litecoin went up 4x but people were paying the same default fee. This has been fixed now. Also, Litecoin is much faster than bcash, so who cares about +/- 10 cents or so?

>> No.5394471

>>5394408
>>5393978
Ln is a bad solution

>> No.5394475

>>5394439
Time to dump both anon. Entire market will take a deeeeep dive before EOY.

likely sub 8k

>> No.5394485

>>5394369
I hear that call centers are cheaper to run than a single centralized lightning network node.

Man everything is so cheap these days!

>> No.5394495

Haven't you guys noticed how bcore changed wording when they discuss about increasing the blocksize and hardforks? BCash will be FUCKED if bcore increases the blocksize and LN release. Everyone investing in bcash right now must be stupid as hell.

>> No.5394503

>>5394423
That has been debunked you poor bcash shill.

>> No.5394541

>>5394495
Got some links senpai? really interested in this aspect.
I saw the medium article from cosmos that was weirdly pro scaling

>> No.5394543

>>5388188
>normies
>moving between exchanges

>> No.5394552

>>5394465
Bitcoin Cash has .50$ less fees than Litecoin.

Have fun paying an extra 50 cents for your coffee

>> No.5394592
File: 5 KB, 415x416, 1509116192391.png [View same] [iqdb] [saucenao] [google]
5394592

>>5388590
>>5389002
>>5389136
>>5389245
>>5389371
>>5389636
>>5389706
>>5390014
>>5390185
>>5390843
>>5394471

>> No.5394595

>>5394495
Core would never increase the blocksize because it would ruin the currency as they have all already talked about. Bcash is the first takeover attempt with a currency which can be controlled to stop a currency which can't be. How viable BTC is for the long future will depend on how well it can survive this and the many attacks that are sure to come

>> No.5394627

>>5394423
Fake & gay

>> No.5394653

>>5394408
>>It will cost you 20 grand to send an LN transaction
>lol

20 grand is bare min to make sure you have a reputable channel for people to connect to. The real truth though is that the channel will have to be millions in size.

But 20 grand is for us poor folk who want to run a node in our home town out in the boonies with a population of a thousand bumpkins.

>> No.5394654

>>5394552
Did you not just see what I wrote? Look at prior to December, the fee was lower. The higher fee literally coincides with the massive pump, because the default fee was like 0.01 or some shit but now this is too high, so they're lowering it (not sure if this has been done yet). The blocks are no-where near full so there's no reason to pay the higher fee.

>> No.5394680

>>5394595
Its not true that BCH will be centralized but FYI I do not care.

We are here to make money, corecuck.
For that merchant adoption and usage in real business works. Both things that will not happen on BTC anytime soon

>> No.5394722

>>5394654
Lel.

So you agree that currently Bitcoin Cash is superior?

>> No.5394727

>>5392820
there are 1000BCH+ buywalls on finex all the time (and they are getting filled)

>> No.5394772

>>5392820
Holy shit.

>> No.5394785

>>5394680
"it's not true" - go look at the IPs of every bcash node *RIGHT NOW*. It isn't conjecture it's reality you idiot. This matters even if you don't care about the ideology of a decenteralized money supply - you should understand that BTC gains its speculative value from its viability. Good money replaces bad money.

>> No.5394854

>>5394722
Bcash is still too slow to use for buying coffee anyway, so what's your point?

>> No.5394884

>>5394854
There’s no RBF, you can safely use 0-conf.

>> No.5394888

>>5394854
Merchants can accept 0 conf transactions in BCH (not on BTC)

>> No.5394895
File: 42 KB, 512x512, 85b6nv9540vybn6w0954ynm0.png [View same] [iqdb] [saucenao] [google]
5394895

>>5394166
I agree with you senpai, it will also be the first to get LN, cashies are gonna be on suicide watch

>> No.5394902

>>5394653
Channel goes both ways you genius, meaning you can do this already with 1,- dollar that switches back and forth, reaching then in total transfered sums in the 100.000,- per day. You dont need 20 grand you fucking retard.

>> No.5394916

>>5394503
>>5394627

Corecuck debate skills in action lmao.

>> No.5394952

>>5394895
Litecoin is going to absolutely explode once this shit gets tested on it first, then imagine testing on Bitcoin itself! Cashies BTFO.

>> No.5394978

>corecuck
Hurr durr bcashcuck

>> No.5394997

>>5394952
>>>reddit

>> No.5395003

>>5394978
Doesn't have the same ring to it. Stick with cashie.

>> No.5395033

>>5394997
>28 posts by this ID
Holy fuck do you live here

>> No.5395049
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5395049

>>5387854
>exchange, wallet and merchant adoption happening at an alarming rate

We will be mooning soon, sir.

>> No.5395088

"First they ignore you, then they ridicule you, then they fight you, and then you win." -verge thread

>> No.5395096

Median BTC transaction fee now over $30.

https://bitinfocharts.com/comparison/bitcoin-median_transaction_fee.html

>> No.5395176

>>5395096
>not paying 0 fees sending from bitstamp

>> No.5395180

>>5395096
D-don't worry LN will save us! Just look at how well SegWit is doing 5 months after launch.

https://blockchain.info/charts/bip-9-segwit

>> No.5395265
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5395265

>>5387978
*Hodl

>> No.5395319

>>5395180
Thats miner signaling readyness for the hard fork of course it dropped to 0 after the fork because it got implemented.

Stupid idiot http://segwit.party/charts/>>5395180

>> No.5395322

>>5395180
There's not really a strong incentive to adopt segwit until lightning nodes are ready. Well, at least until now, I'm sure exchanges are getting lots of angry emails demanding segwit now.

>> No.5395842

>>5395322
>There's not really a strong incentive to adopt segwit
Oh yes there is, people are running away from exchanges that implement high withdrawal fees. Bitstamp does tx batching + segwit thats why the user are not paying any fees when sending btc.

It's a good thing because people have to understand that they need to be efficient and careful with on chain resources

>> No.5396025

>>5395842
Sorry I worded that poorly, I meant until now there hasn't been a strong incentive. Obviously there is now.

>> No.5396068

>>5391787
>Implying /biz/ isn't just an extension of /pol/
>Implying all of 2+2chan isnt an extension of /pol/
Go back to plebbit faggot %90 of us call /pol/ our home board.

>> No.5396428

This thread is confusing as fuck. Is it a good time to invest in BCH right now or not?

>> No.5396489

>>5396428
Yes, but you have to be prepared to wait a couple months, it will slowly but surely go up. Looking at the BCH community, adoption rate is faster than expected

>> No.5396607

>>5396428
Out of the top 3 its rising the fastest.

>> No.5396621

>>5395180
that's miners signaling segwit...
cashies really are fucking retarded
they probably bought in during the pump because they thought there was going to be a flippening, and now they need to shill Bcash or else they'll be down thousands of dollars
If you're going to try to attempt a flippening, you should have stuck with ETH; at least it has superior tech to BTC

>> No.5396646

>>5396489
>>5396607
Do you think it will dip first to 2k$ again? Also what are your expectations for the coin in 2018?

>> No.5396656

>>5396428
https://bitinfocharts.com/comparison/bitcoin%20cash-transactions.html

it's going up.

>> No.5396689

>>5396646
Everything is possible but in 2018 it could very well reach 10k. Just look at how many businesses are implementing it.

>> No.5396722

>>5391955

Chinese are based for doing the network for us.

We want to sell at 20k and be done with this crypto shit. It's all a Ponzi anyway.

>> No.5396784

>>5396646
Going to see 4k before 2k.

>> No.5396945
File: 323 KB, 815x452, 1331293557631.png [View same] [iqdb] [saucenao] [google]
5396945

Anyone here don't give a fuck about buttcoin, buttcoin cash, or shitoshis' vision?

>> No.5397057
File: 269 KB, 280x210, good-job-smiley-emoticon.gif [View same] [iqdb] [saucenao] [google]
5397057

Just put 800 bucks into BCH ($3116).

Now waiting for depression to kick in once it drops back to 1.5k-2k :D

>> No.5397111
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5397111

>>5397057
crash in 3 days bro

>> No.5397120

>>5396945
A true vision that will lead to good development and global adoption will eventually be the most valuable thing.

Wouldn't surprise me if BCH hits #1 next year.

>> No.5397167
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5397167

>>5397111
crash in a minute

>> No.5397216

>>5389191
Why the fuck would I buy shit with BTC? I use it to keep my money safe and you niggers are fucking with that

>> No.5397233

there is still a 5000 BCH buy wall at 0.21 on bitstamp. Buy the shit out of it on other exchanges, if it's below 0.21.

>> No.5397234
File: 44 KB, 638x629, 1511217499992.jpg [View same] [iqdb] [saucenao] [google]
5397234

We're getting there

https://www.huffingtonpost.com/entry/all-merchants-want-for-christmas-should-be-bitcoin_us_5a3bf830e4b0df0de8b06341?v

>> No.5397320

What are you guys predictions of BCH in let's say spring 2018?

>> No.5397398

>>5397320
0.04btc

>> No.5397549
File: 2.99 MB, 628x402, 1416613793238.gif [View same] [iqdb] [saucenao] [google]
5397549

>>5397398
>Anti-BCH propaganda in the entire thread

Never change, Corecucks

>> No.5397580

>>5393488
Yes, when 1 chinese farm becomes 100's of people with single mining rigs

>> No.5397652
File: 55 KB, 959x377, bitcoin.png [View same] [iqdb] [saucenao] [google]
5397652

>>5397234
this triggers the core cucks

>> No.5397749

WWPC. Why haven't they said anything for the past month.....

>> No.5398356
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5398356

>>5397652
>only bitcoin cash accepted

poor triggered core cucks

>> No.5399109

>>5397216
if any nigger can fuck with it, it doesn't seem like a safe place for you money

>> No.5399185
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5399185

>one morning you wake up and LN is live on 3 wallets. you look at folio and holy shit btc is 35K.

>you see how LN actually works and then you shit your pants for being such a retarded faggot.

>you cry when you remember you were told of a mythical dragon slayer then you found out it was a BS story and you are holding the biggest bag in crypto history.

>you'll realize they will write about you in the history books and you'll become an example of all the other faggots who have thought about taking over bitcoin by force.

>by the time you stop crying and can open your eyes again to check folio, btc is sitting at above 50K and BCASH is trading for tree fiddy.

>you wanna sell, but all the exchanges are getting facefucked, so you can't and you watch it go to below 200,

>where is the rope you ask?

BCASH faggots prepare anus

>> No.5399261

>>5399185
>you realize tx fees are 10000$

>> No.5399275

>>5399185
nice hypothetical, too bad the flaws of LN have been mathematically proven, and your predictions are just cringy bullshit.

>> No.5399401

I'm not of the opinion that lighting is WORTHLESS... It just isn't a scaling solution. Lightning is fine for use cases that need to do frequent, small, or predictable payments with few entities.

For example, mining pools paying PPLNS miners. Or gamblers making small bets on gambling sites. Or traders making frequent trades on exchanges.


But as a general purpose scaling solution for average people? It sucks, and they are absolutely not going to go through all of that shit just to use crypto, especially not with better, cheaper, more reliable options out there.