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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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57788905 No.57788905 [Reply] [Original]

Bitcoin Cash! #cashgang

>> No.57789132

>>57788905
Reminder that BCH will go to 10x whatever litecoin goes to.

>> No.57789150

>>57789132
id performed pretty well this cycle so far, from 80 bux to now 300. that's not bad.

>> No.57789177

>>57788905
From the ATL 1st run bull x20
2nd run x22
This 3d x24: $88> $ 2200

>> No.57789189

>>57789132
What's the main difference between the two?
t. 2.5 BCH stacklet

>> No.57789191

>>57788905
Bump
Got laid off a few months ago, starting a new wage cuck job on Monday taking my 14k from my 401k, how much should I put in BCH ?
Maybe like 10 coins or so I am thinking

>> No.57789227

>>57789191
All 14k

>> No.57789247

>>57789191
the meme make it amount is 21 but if thats too much the lower meme amount is 11

>> No.57789393

>>57789189
BCH was a BTC hard fork, LTC was always its own chain.
LTC is faster with a 2.5 minute block time. BCH uses 0-conf and big blocks to achieve higher speed and throughput which have always been known to come with tradeoffs to security and decentralization.
LTC implements SegWit which allows for atomic swaps to be performed on it.
Overall, they both suck and rely on outdated technology. But BCH is clearly the worst of the two

>> No.57789408

>>57788905
its just too slow for me. its the exact same speed as bitcoin. litecoin is way faster.

>> No.57789436

>>57789408
bitcoin cash has 0-conf but not all places accept this feature. you can't do 0-conf on bitcoin core cause they did the replace-by-fee and segwit scam upgrades

>> No.57789442

>>57789393
wtf does segwit have to do with atomic swaps?

>> No.57789453

>>57789408
0-conf --> instant

if you send it bch from your phone to your friend phone it takes less than a second.

>> No.57789475

>>57789442
he's a techlet that has 0 clues about anything. BCH has atomic swaps too, and it indeed has nothing to do with segwit.

>> No.57789476

>>57789436
guess what RBF is not a consensus change! rn a few % of the nodes run full-RBF and it works just fine. which means if your retarded ass wants to rely on mempool relay for finality you gonna get rekt. not to mention the race conditions that can rekt you with first seen.

>> No.57789492

>>57789150
The ATH is $4000

>> No.57789515

>>57789453
yeah but no one sends it to eachother, im talking about with exchanges it takes forever. and ive sent BCH p2p before and it was deff not instant. took like 5 minutes to appear and 10 minutes to be able to do anything with it

>> No.57789518

>>57789492
cause there was a hash war and price war that the people that wanted to increase the block size and didn't want segwit lost. that first top is just the hash war and price war for the BTC ticker. it doesn't count.

>> No.57789520

>>57789436
no. no place accepts 0-conf. 0 conf was never accepted anywhere because it was never secure.

>> No.57789528

>>57789442
BTC couldn't support atomic swaps without segwit because block space was too limited. Segwit is necessary to reduce the transaction size to make atomic swap feasible. BCHtards don't care about this since they just decide to have fuckhuge blocks even though it's known to be bad for decentralization and even security (by increasing the block propagation time and the stale/orphan block rate - another reason why large and well-connected mining farms are favored on big block networks)
>>57789436
0-conf <<<< getting actual confirmations

>> No.57789536

>>57789515
>. and ive sent BCH p2p before and it was deff not instant.
i sent it too and it was instant. I use bch all the time.

> yeah but no one sends it to eachother,
there's people that actually use crypto (like me). they all like bch.

>> No.57789544

>>57789515
depends on the wallet, it's definitely possible to sign transactions with unconfirmed inputs. whether anyone accepts them before confirmation is a different matter.

>> No.57789553

>>57789520
many places have 0-conf. you'd know this if you had actually used BCH beyond send to exchange.

>> No.57789565

>>57789553
ok, tell me places where i can buy stuff with bch using 0 conf

>> No.57789578

>>57789528
that's retarded dude. any chain that can do HTLCs can easily do atomic swaps. there are other techniques as well like Schnorr adaptor signatures that make these atomic swaps impossible to detect by chain anal.

>> No.57789582
File: 63 KB, 409x409, 1629741293112.jpg [View same] [iqdb] [saucenao] [google]
57789582

BCH MAXER HERE

>> No.57789611

it's possible to do proper 0-conf on bcash. but nobody is doing it as far as i can tell.

real 0-conf exposes the private key if two different transactions are signed for a single input. it uses CHECKSEPARATESIG emulation with OP_CAT and fixed nonce points.

>> No.57789690

>>57789565
there's many im not gonna spoonfeed. https://www.keys4coins.com/ is one.

>> No.57789846

>>57789611
normal lock script is like:
> <Rs> <P> | DUP HASH160 <A> EQUALVERIFY CHECKSIG

a nonce locked script would be like:
> <P> <s> | <R> SWAP CAT SWAP DUP HASH160 <A> EQUALVERIFY CHECKSIG

>> No.57789875

>>57789846
>>57789611
wow, actual read the code on /biz/ , I'm impressed.

>> No.57789939

>>57789528
Sir you can stream 4K movies now. its time to increase the blocksize. its not 2008 anymore.

>> No.57789959

>>57788905
Damn nigga my mufuggin bcash doin a lil sum um

>> No.57790288

>>57789518
Ok, cool.
How do you figure out the actual ATH?
And do you need to include girth and yaw in the calculation?

>> No.57790373

is 10 BCH good starting amount?

>> No.57790681

>>57790373
>>57790373
22,000 $ 1 year

>> No.57791187

>>57789528
this is completely wrong and nonsensical buddy

>> No.57791207

>>57790288
>And do you need to include girth and yaw in the calculation?
of course sir.

>> No.57791228

I ONLY HAVE 1 BCH FUCKING DUMP SO I CAN BUY 2 MORE

>> No.57791334

>>57791187
It's all correct.
Big blocks = less decentralization (prohibitive node overhead + storage cost)
0-conf is less secure than having actual confirmations. It might be good enough for small transactions, but nothing serious.
I don't know about the relationship between big blocks and stale blocks, but stale blocks in general are bad for security because some of the hashrate gets wasted and it lowers the effective hash rate of the main chain.

>> No.57791414
File: 209 KB, 644x602, 1707462273302731.png [View same] [iqdb] [saucenao] [google]
57791414

love to see all the discussion of "blue-chip" alts on here lately--my strategy for this run is basicaly to trade shitcoins and move profits to LTC and BCH for the long term

>> No.57791445

>>57791334
orphan rate is more a function of pool size and average block time.

>> No.57791518

>>57791414
im doing the same but i put my profits mostly into BCH and XMR. of course for a while I'll maintain a majority BTC bag. my BTC bag right now is 80pct of my folio. (this happens when you want to survive mroe than a cycle, you have to go into BTC)

>> No.57791541

>>57791414
Ive been considering this more and more. I have money to play with, but I'm at a stonewall with myself on whether or not I dump my alt coins now or wait for bigger returns since it will be inevitable for it or just use my cash to work up to my goal amount

>> No.57791583
File: 349 KB, 2344x2098, bch.png [View same] [iqdb] [saucenao] [google]
57791583

>>57791541
the market isn't always easy to navigate but BCH is on all levels looking extremely good. the chart (pic related since the bottom) is good. fundamentally all the important upgrades and updates are impletmented, all the bad shit has already happened ( bsv forking off, bitcoinabc forking off))... this has to be a good cycle for bitcoin cash

just look at pic related and tell me that is not looking to double in a mega candle soon.

>> No.57791766

>>57791583
I decided to push towards my 10 BCH goal for now. I gotta make sure I dont fall into the same trap I did in 2020-21 where I was so risk adverse I ended up missing out on putting in more as well as taking profits.
its only money and its just sitting in savings
still got my job even if its dogshit pay
still got my wife
a little more doesnt matter

>> No.57791879

>>57791766
I'm at 42 BCH but I'm going to slowly accumulate more. its 3pct of my portfolio right now. I made a successful ada and agix trade that i think will eventually all convertt into BCH. not sure how much agix is going to keep roooning. i bought at 300M marketcap and its now over a billion ( waited 3 months )

>> No.57793076
File: 12 KB, 1218x891, 1691423062922651.png [View same] [iqdb] [saucenao] [google]
57793076

I'm collecting...
$LRDS!
... Is what I would say if it was out, but it is not!

>> No.57793081

>>57790373
you are extremely poor and i can tell.

>> No.57793400
File: 21 KB, 540x540, 105055.jpg [View same] [iqdb] [saucenao] [google]
57793400

>>57788905
oh you know it fag
I have 3.56 btc on dextools since late november 2023, best investment of my life KEK

>> No.57794828

>>57788905

This is the real bitcoin. Get in now or cry later.