/biz/ - Business & Finance

[Anonymous No.8242145]

fuck i hate reddit

[Anonymous No.8242228]

dude how the FUCK do sats even work lmaooo

[Anonymous No.8242238]

>>8242145

He's right. Bitcoin is shit and lighting network is years away.

[Anonymous No.8242243]

I saw this thread had the most upvotes but didn't click. Jesus fuck people are retarded. Is he memeing?

[Anonymous No.8242250]

Anyone who hates on btc is a dumb newcoiner who went all in on shit coins at ath and blames their losses on btc movement
Its beyond pathetic
I just straight up ignore anyone who bad mouths btc because I know this is the only reason whyc

[Anonymous No.8242252]

>>8242145
>the absolute state of normies on reddit
>muh nano

[Anonymous No.8242258]

>go to reddit
>make an account
>make a shitpost
>anon who hates reddit but still browses sees my shitpost and furiously rush to 4chan to post about my post
4d chess motherfucker, no matter where I will be there to bait you.

[Anonymous No.8242261]

>>8242145

He is right tho

Give me 1 good reason why you should use btc to purchase alts instead of eth

[Anonymous No.8242262]

Except vitalik can rewrite everything in eth chain. Its not immutable

[Anonymous No.8242269]

>>8242145
Theyre right tho.

I havent used BTC in so long. Why the fuck wuld i pay $30 fees and wait hours for a transaction when I can pay $0.5 and wait 15 mins.
Bitcoin is obsolete.

[Anonymous No.8242275]

>>8242261
Give me one reason why you should use eth instead of btc

[Anonymous No.8242285]

>>8242261
eth?

[Anonymous No.8242287]

>>8242269
Bitcoin fees are under $1 and don't take hours...
The absolute state of brain dead newcoiners top fucking kek
Stay mad because you keep fomoing into shitcoin pumps

[Anonymous No.8242292]

>>8242269
Not sure if bait or retarded

[Anonymous No.8242301]

>>8242275
Lower transaction costs, which will matter a lot on decentralized exchanges.

[Anonymous No.8242312]

>>8242250
I’m not a newcoiner and I hate btc. It’s a fucking piece of utter shit. Fuck you and fuck everyone like you.

>first bought btc in 2012

[Anonymous No.8242314]

>>8242287
They are now because people stopped moving it. If the volume of transaction rises again like it did in December, they'll run in the same exact problems. Nothing is fixed.

[Anonymous No.8242321]

>>8242269
>ugh why wont any businesses accept my FAGCOIN, this is all btcs fault

[Anonymous No.8242327]

Retards that can’t think beyond the tip of their nose tend to hate bitcoin and think what’s really holding their random shitcoin from being desired by everyone is bitcoin lmao. Bitcoinhas a history of actually working, sky of these random shitcoins are scams or just massive piles of shit in general, there’s like a handful of tokens that even work and bitcoin and some of its forks are most of them. Nobody wants your fucking nano or your vechain, sorry you faggot queer.

[Anonymous No.8242338]

>>8242287
Bitcoin fees and network speed are linearly tied to usage. The reason that shit is low right now is because people stopped using bitcoin. Daily transactions are at 2015 levels. However eth, ltc and bch would suffer from the same problem if they became as popular. None have a real future as far as usage as a currency goes. The future belongs to eos, nano and neo. And maybe a bit of jewcoin and niggercoin

[Anonymous No.8242340]

>>8242243
Dude, bitcoin sucks, and it has way too much influence on the market as a whole. And did you not get the news this this week that there will be hundreds of thousands dumped on the market by that Gox faggot? He probably shorted before he dumped too!
Bitcoin was a good proof of concept, and I'm sorry you are holding big bags of it, but people are getting sick of the fuckery.

[Anonymous No.8242355]

>>8242338
Neo can't handle jack shit in transactions
>>8242327
Newcoiners neglect to realize that shit coins were only created in the first place to pump and dump and stack up more btc

[Anonymous No.8242358]

>>8242312
autism, the post

[Anonymous No.8242367]

>>8242340
This is bait right? Brain dead newcoiners think the fat mtgox fuck holds any of the funds and not a court appointed trust top fucking kek! And they are done selling! Can't even fucking use Google just blindly believes shit retards post on 4chan
Just market sell everything now you Brainlet fuck

[Anonymous No.8242369]

>>8242145
I mean he's right. Hell most of us were agreeing about this same thing the last couple days on biz. IMO we either need fiat pairs or something stable like Tether as our trading pair (but not specifically Tether).

Its not that you want BTC to fail or anything. Its just that this market is too big and there's too much going on and at stake to still be tied to Bitcoin like this. It was fine when the total crypto market cap was only a few billion and most coins were shit. Its not ok now that it's hundred of billions and there's a shit ton of developers and companies that are legit.

[Anonymous No.8242370]

>>8242340
>everyone would want my deep brain chains if it wasn’t for big meanie Bitcoin

[Anonymous No.8242371]

>>8242287
>Bitcoin fees are under $1

In 2011

[Anonymous No.8242378]

>move away from bitcoin
late adopters are so fucking embarrassing jesus christ

[Anonymous No.8242379]

>>8242327
You can tell bitcoins days are numbered just by reading these posts
>>8242287

[Anonymous No.8242390]

>>8242378
When did you adopt bitcoin newfriend? Last year? Maybe you forget where you are

[Anonymous No.8242405]

>>8242390
A board where traffic increased three fold from may to September in 2017?

[Anonymous No.8242410]

>>8242390
lol, just quit while you're ahead late adopter. i was mining this shit before you even heard the words cryptocurrency.

[Anonymous No.8242420]

#1 in transactions per day.

[Anonymous No.8242440]

Why do redditors always seem like they're making a speech, rather than just starting a conversation

[Anonymous No.8242447]

>>8242369
if you want fiat pairs prepare to pay fees out the ass on every single transaction

[Anonymous No.8242461]

[Anonymous No.8242463]

>>8242447
Why? BTC, ETH, LTC, etc. have fiat pairs, does that mean that you get fucked each time you buy them too?

[Anonymous No.8242470]

>>8242440
They want more upboats.

[Anonymous No.8242482]

>>8242312
Same

[Anonymous No.8242487]

>>8242461
ripple can also just decide or can be forced to stop mining transactions to or from any address they choose too. very little future in the public network, but that was never ripple's focus in the first place.

[Anonymous No.8242490]

>>8242379
Do you even know why the vast, vast majority of these shitcoins moved upwards at all in December and January? It was because of the bull run created by bitcoin. No single human being wanted a “Bounty 0x” or a “PacCoin”, and nobody does now, which is why the vast majority of shitcoins are back where they started before the bull run. Only the few proven to even do anything worth a damn are still up, and s few of them are bitcoin forks. Your chink scam coins that are glorified bar code scanners aren’t being held down by bitcoin,they’re being held down by the fact that the people making them are fucking crooks and the fact that the tokens themselves are fucking worthless pieces of shit.

[Anonymous No.8242493]

>>8242440
That's what effort looks like, strange, I know.

[Anonymous No.8242504]

>>8242410
Mining what newfriend?

[Anonymous No.8242516]

>>8242490
its impossible to reason with late adopters because they fundamentally dont understand the market. they measure their gains in USD, cover their eyes and ears about anything bitcoin related, and honestly believe that its possible for bitcoin to simply disappear and the market keep growing.

[Anonymous No.8242540]

kek some of you agree with him? what a load of fucking brainlets... honestly, you'd all be better off going back to /r/eddit

[Anonymous No.8242565]

>>8242540
but muh fees. how can i pretend to be a trader if i have to pay a couple of dollars every time?? its eating into my 5 figure portfolio!

[Anonymous No.8242571]

>>8242490
Gay straw man with the chink coin line dickhead.

And your view of how the market works is just hilariously wrong.

The bitcoin bull run was created by large MLMS and pyramid schemes in South Africa, India and Vietnam that used bitcoin such as gainbitcoin and mcap which have since collapsed.

[Anonymous No.8242575]

>>8242487
Better to hold at least a little bit of XRP in case you're completely, totally wrong.

[Anonymous No.8242581]

>>8242493
neck yourself

[Anonymous No.8242585]

>>8242516
You ARE a late adopter though.

[Anonymous No.8242597]

>>8242540
>>8242565
Maybe it’s because I’m not usually awake at 5am but where do you cucks get the impression that this board agrees with your ideas in any way?

[Anonymous No.8242599]

>>8242581
After you, dear newfag. How would you want them to open a thread? By saying " 'sup. "?

[Anonymous No.8242623]

>>8242145
>dude lmao FUCK btc!

[Anonymous No.8242630]

>>8242571
Strawman of what retard? The fact that he thinks his random shitcoin is undervalued because of bitcoin? Nobody knows or cares about these random piece of shit tokens.

Anybody that thinks we’d all be living in some widespread crypto utopia shuffling nano between each other if bitcoin stopped existing tomorrow needs to have his head examined.

[Anonymous No.8242631]

>>8242585
like i said, you don't know when to quit. you're just embarrassing yourself, like the op in that reddit thread is.

>>8242597
yeah, i get it, most people here are like you, they got in late, think they're still going to become a millionaire on their 5 figure bitch "portfolio", and detest bitcoin and early adopters for their easy ride. just don't be a little bitch about it, it just makes you look bad.

[Anonymous No.8242678]

>>8242630
It will just be replaced by ETH we all know it’s going to happen. The writings on the wall.

[Anonymous No.8242719]

>>8242631
No YOU’RE the late adopter newfriend

[Anonymous No.8242738]

>>8242678
Eth suffers from the exact same problems as btc, and doesn't have the benefits of having a fixed total supply and having the name recognition/first mover advantage. One year from now no one will even be using the eth network anymore because newer and better things will take over.

[Anonymous No.8242744]

>>8242440
Virtue signaling and the associated dopamine rush.

[Anonymous No.8242830]

>>8242338
You need to understand what batching is and how that has affected # of transactions

[Anonymous No.8242909]

ETH looks up... see's BTC
BTC looks up... see's it's demise

[Anonymous No.8242952]

>>8242461
If you look at the explorer these transactions are bots making bid/ask offers for xrp
https://xrpcharts.ripple.com/#/transactions
"OfferCreate" "OfferCancel"

That's not actual adoption, it's basically spam. Sort of like steemit where each upvote is a 'transaction'.

[Anonymous No.8242958]

>>8242738
You are grasping at straws.

ETH supply is fixed at 100 million. If you are mining you can see that’s where they plan to cap it off. All bitcoin has is first mover advantage which it has squandered because it’s about to get replaced by ETH.

[Anonymous No.8242984]

>>8242463
coinmetro will have fiat pairs for alts and they intend to have low fees
I'm waiting to see if they can deliver on that

[Anonymous No.8242990]

>>8242958
>ETH supply is fixed at 100 million. If you are mining you can see that’s where they plan to cap it off.

Until the pedo dictator changes his mind.

[Anonymous No.8242995]

>>8242952
Very interesting. Thanks for bringing that to my attention. I will have to refrain from talking about XRP's transactions per day until they are actually legitimate transactions. Still all-in though.

[Anonymous No.8243009]

>>8242145
he's right. fuck bitcoin and the whales that can sway the market at will

[Anonymous No.8243042]

>>8242984
I haven't looked into coin metro, but it's good if it will do that. At the moment, only a few exchanges offer fiat pairs for alts, and they charge a huge premium for the convenience, but if fiat pairings get normalized, they will have to start to be competitive again, and as far as I understand it, that means the price of the fiat pairing should then be the same as the one for the BTC or ETH pairings.

[Anonymous No.8243081]

>>8242952
Steemit up votes aren't fake traffic. Just because a transaction doesn't involve a transfer of value doesn't mean it's useless spam. That's literally the future of the blockchain. We're branching out into. Normieland.

[Satoshi Nakamoto No.8243084]

>>8242327
BTC is just the face of the cryptoworld. Its what most normies have heard about. Thats the only reason its successful. In terms of practicality and usefulness, its shit. Bitcoin will crash the more the normies start to understand crypto and get introduced to new coins. IN fact, that needs to happen is for most DNMs to replace BTC with Monero for it to lose half its value.

[Anonymous No.8243090]

>>8242995
wow it's rare to get someone to accept a point on /biz/
A chart with "Payment" transactions exclusively would be more interesting, it probably exists on some site.

>>8242958
ETH is not capped at 100M. What's talked about is 120M. 100M is going to get hit before the next hard fork most likely

[Anonymous No.8243093]

>>8242830
Batching is a oft quoted core talk point to make people believe things are alright with BTC, but its an easily verifiable myth that this is the reason transaction counts are down. There's been plenty of analysis that's debunked it.

[Anonymous No.8243098]

>>8242990
At least ETH has Vitalik not a bunch of shrill crybaby’s and trolls with their baseball caps on backwards like btc

[Anonymous No.8243110]

>>8243093
Ah a bcash fudder.
Batching is real.
Outputs per day are up.
https://outputs.today/

[Anonymous No.8243114]

>>8242301
Hey newfag, send a transaction with ETH and one with BTC. Tell me which is cheaper. I'll wait.

[Anonymous No.8243119]

>>8243098
Said shrill crybabies can't actually change the total supply like your cp loving spooky skeleton can so who cares

[Anonymous No.8243121]

>>8243081
Is every single upvote on steem a node propagated block transaction? No. You are comparing apples to oranges

[Anonymous No.8243130]

>>8243084
I legitimately have not met a normie since 6+ months ago that was getting into crypto with the intention of buying Bitcoin. Yeah they've heard of it, but they don't want it. Literally everyone I've encountered getting into crypto is buying Eth. My facebook has even been filled with shit tons of people talking about stuff like IOTA and deciding to get into crypto exclusively for that

[Anonymous No.8243141]

>>8243090
It is capped at 100 million. It was literally printed on the ICO website in black and white

[Anonymous No.8243143]

>>8243130
I've had just the opposite experience plus alot of professionals buying LTC.

[Anonymous No.8243149]

>>8242312
If you don't respect bitcoin then you are not a true coiner. Asking the citizens of the world to sell their golden ticket so you can pump and dump you shit coins is petulant narcissism. kys.

[Anonymous No.8243158]

>>8243119
You are starting to believe your own fud. The hubris of bitcoiners these days

[Satoshi Nakamoto No.8243163]

>>8242440
they have soapboxes attached to their feet.

[Anonymous No.8243173]

>>8243110
Literally like how fucking dumb can you be to send me the link that completely disagrees with what you're arguing. Click on your own god damn link and click on the Outputs tab. They're DOWN. They're literally half of what they were a year ago. Jesus.

[Anonymous No.8243177]

>>8242340
ITS NOT BITCOINS FAULT ITS THE MARKETS FAULT YOU VAPID NIGGER BITCOIN IS TRUE NEUTRALITY. YOUR BEEF IS WITH NEUTRALITY ITSELF KYS.

[Anonymous No.8243185]

>>8243149
This. Most people saying that don't really "get" the point of the blockchain yet and are buying glorified commodities with arbitrary utility assigned to it by a company (any ERC-20 token is this). Bitcoin is NOT this and it has one specific job which is decentralized and which it executes very well, all things considered. This is why it's the "king."

[Anonymous No.8243187]

>>8243114
>paying money every time you want to like a comment, retweet something or make a post on your blog
Eos has no transaction fees which is why it's currently the only relevant dapp blockchain. Ethereum is going to get dicked hard this summer.

[Satoshi Nakamoto No.8243200]

>>8242490
Bitcoin is Myspace. This post is you defending Myspace in 2007 and shitting on whatever the fuck that "facebook" thing is.

[Anonymous No.8243204]

>>8242585
No one has adopted shit yet you 12 year old.

[Anonymous No.8243210]

>>8242678
>crypto kittes

[Anonymous No.8243222]

>>8243200
Bitcoin is more like Internet explorer, and ethereum is like netscape. I've got bad news for both of you

[Satoshi Nakamoto No.8243229]

>>8242516
ever head of "diversify your portfolio" or "dont put all your eggs in one basket"?

[Anonymous No.8243232]

>>8243185
You’re a fucking idiot. Tokenising real world assets and decentralising fundraising were part of the next evolution of cryptocurrency.

Ethereum allows you to do any of them because it’s fully programmable. This is the reason bitcoin is becoming irrelevant. It’s more expensive than a bank transfer and just as anonymous ie. not anonymous at all and you can’t DO anything with it apart from baghold. ETH is the gateway drug to the future of crypto you should try it sometime

[Anonymous No.8243233]

he is right.

we should dump BTC and move to BTCP

[Anonymous No.8243234]

>>8243081
The problem is that both bot offers on xrp and upvotes on steemit are free. If something is free it grows without limits even if it's completely useless.
In the old days bitcoin blocks were filled by bets on satoshi dice. It ended once fees stopped being at ~zero.
Only BTC and ETH transactions truly represent adoption.

Right now many trasactions on BCH are cryptograffiti ie. using blockchain as nearly free storage...

>>8243114
>send a transaction with ETH and one with BTC. Tell me which is cheaper.

2sat/byte for a 166 byte transaction is slightly less than a simple eth with 2 gwei for a gas price. BTC is utxo based so the average is going to be higher due to more inputs than one.

As BTC ends up used less and less, blocks are going to be empty, leading to negligible fees, just like many other unused coins.

>>8243141
>It is capped at 100 million. It was literally printed on the ICO website in black and white

Well you're mistaken. I wasn't taking part in the ico, but you may be mistaking it with the hard cap in dollars?

[Anonymous No.8243238]

>>8243173
Wow you are dense as a rock.
Outputs are down because of batching.
You bcash fags sent millions of small transactions to fill up each block.. don't play dumb.

Turns out it bit you in the ass, as it has affected bcash as well now.

Bitcoin payments per day UP
https://transactionfee.info/charts/

Transcation sizes up (because it's not 1000s of .0001 cent transaction, thanks to Bcash fags)
https://tradeblock.com/bitcoin/historical/1d-f-tsize_per_avg-00101-tps-00101

[Anonymous No.8243242]

>>8243200
Its worse than that. Thinking BTC is the only real crypto is like being someone who thinks Windows Vista release version is what we should all be using instead of any of the multiple iterations since then that fixed its horrible shit. Is that what you want to be BTC maximalists? A Windows Vista lover?

[Anonymous No.8243248]

>>8243222
What’s that? You’re retardation is contagious?

[Anonymous No.8243255]

>>8243242
bitcoin is no way comparable to a locked down force updating os. Bitcoin is tcp/ip

[Anonymous No.8243260]

>>8242145
Except all the alts are cuckcoins who follow btc, if btc dies all alt dies

[Anonymous No.8243271]

>>8243234
Nah, I’m not. The dollar limit was 30 million and they raised 15 million lol and on the website it explained that there was going to be 100 million total ETH

[Anonymous No.8243285]

Shapeshift now batching
Less transactions

https://info.shapeshift.io/blog/2018/02/22/shapeshift-now-batching-bitcoin-transactions

[Anonymous No.8243296]

>>8243260
Not really. Everyone would just switch to ETH. Just change ticker symbol and wallet addresses on the website

[Anonymous No.8243309]

>>8243238
Oh. My. Fucking. God. Outputs do not decrease with batching. Transactions decrease, but not outputs. In your same fucking link it shows you the ratio of Outputs to Transaction ratio has increased. Stop trying to present to the world your "knowledge" and make people out to be a "bcash shill" when you don't know the first thing about what you're talking about and can't even understand the information of your own link.

[Anonymous No.8243322]

Coinbase spamming lead to high fees.

https://www.ccn.com/coinbase-criticized-spamming-bitcoin-mempool-ceo-responds/

http://bitcoinist.com/mempool-coinbase-spamming-bitcoin/

That's over now, they are batching

[Anonymous No.8243335]

>>8243271
I'm pretty sure it's in web archive, look it up and post the link. You're wrong though

>>8243238
>Bitcoin payments per day UP

Wtf? Bitcoin use is down on every metric: outputs (payments) per day and transactions per day.
Payments per day yesterday: 413016

Bitcoin's use reversed to 2016's levels

>https://transactionfee.info/charts/

That's a good size, was looking for something like that.

[Anonymous No.8243337]

BCH is in a position to take over

[Anonymous No.8243338]

>>8243309
No one else agrees with you.
Outputs per day is a better indicator of overall economic activity on the Bitcoin blockchain than transactions per day. Since one transaction can include multiple outputs, the number of total outputs is more important than the number of transactions themselves. Large players in the Bitcoin space use batching--the process of including multiple outputs in a given transaction--to reduce their overall transaction fees. Therefore, looking at only transactions misses an important part of the picture

[Anonymous No.8243349]

>>8242250
100% agreed

Bitcoin is the OG and literally the only coin that has stood the test of time. Shitcoins come and go -- there were a ton of them in 2013 and 2014 that are now irrelevant.

[Anonymous No.8243370]

>>8243337
No it's not because regulators will never put their trust in a felon even tangentially.

[Anonymous No.8243383]

>>8243338
Anon what? What are you even reading to say no one agrees with me? There's nothing to disagree with me about. Great outputs are a better indicator than transactions, no argument there. OUTPUTS ARE DOWN. Its mind boggling to me how you people can just absolutely ignore the facts in your own links and say irrelevant shit to defend your non-positions.

[Anonymous No.8243414]

>>8243337
Lolololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololol

[Anonymous No.8243434]

>>8242145
they're not wrong....

BTC is a shitcoin

[Anonymous No.8243446]

>>8243337
BCH has no adoption since November.
https://bitinfocharts.com/comparison/transactions-btc-eth-ltc-bch-xmr-sma7.html#6m

Only ETH is up.

>>8243338
>No one else agrees with you.

I agree with him >>8243335

[Anonymous No.8243457]

>>8243383
No one agrees with you because you are presenting it in a way that is not true.

Less outputs doesn't mean less transactions and less transactions doesn't mean less outputs. It depends if they are batched together or spilt up. Before many transactions where split and sent in many outputs, filling up the block.
Now many transactions are being sent together leading to less outputs because of batching.

Whats important is not the number of transactions or the number of outputs but the ratio between the two.

[Anonymous No.8243464]

>>8242262
>literally has a hardfork once a month that offers "free coins" to dump
>totally immutable and deflationary

[Anonymous No.8243475]

I think we can all agree that ethereum has won.

[Anonymous No.8243534]

>>8243457
>Now many transactions are being sent together leading to less outputs because of batching.
>Whats important is not the number of transactions or the number of outputs but the ratio between the two.

No the ratio is irrelevant
What batching does is instead of eg. two transactions with two change outputs and two real outputs there's one transaction with two real outputs and one change output.

That's what the 'payments' graph shows, it subtracts change outputs. Every average below 12 weeks is substantially down.

[Anonymous No.8243537]

will i make money soon?

i mean you people are on here talking shit all the fucking time, all i want to know is when the fuck omise ven and amb will fucking moon? i'm so fucking tired, i want at least 10x soon.

thank you for nothing, seems like you people don't know shit

[Anonymous No.8243545]

>>8243457
This right here is it people. This is the state of the BTC die hards. When faced with overwhelming data that doesn't support the rosy picture in your mind you want to be true you try to make an argument that would put you in a position where no one could present any data that could 100% for certain disprove your position. I mean maybe the data 99.9999% disproves your position, but as long as its not 100% you're cozy in your peabrain ignoring reality.

I don't know what happened to this community to make people think that the orange logo with a B on it was this pure untouchable entity of beauty, rather than the technology underlying it being of significance, but its fucked.

[Anonymous No.8243552]

>>8243534
>>Every average below 12 weeks is substantially down

Of course they are down over 12 weeks. Is that your time frame to say Bitcoin is dead ? 12 weeks. Cherry pick much ?

Inputs per block are up, outputs per block are down, and they've never been spread this far apart in the past, indicative of batching.

This is a result of Coinbase (and now Xapo) consolidating their brutal mismanagement of UTXOs. If they mismanage their outputs, what else did they mismanage? Perhaps excessive address use?
https://i.imgur.com/XI03Ar8.png
Yeah..

Not only can we measure total UTXOs, we can measure unique addresses.

For example, if I send coins to address abc123, and then you send coins to address abc123, that's 1 unique address being used, but 2 UTXOs.

So we can also look at the total amount of addresses in existence at any given time
https://i.imgur.com/jCIbTKO.png
and see that the month we are down 50% from, had a very clear spike from the normal growth rate, and then a very distinct drop, very similar to the UTXO set...

[Anonymous No.8243626]

why should my Monero bags suffer cuz of faggot as bitcoin and it's even faggier cheerleaders?

Eat a dick bitcoin! Give me Fiat pairings!

[Anonymous No.8243682]

>>8243552
>Of course they are down over 12 weeks. Is that your time frame to say Bitcoin is dead ? 12 weeks. Cherry pick much ?

The point is not that's it less than it was 12 weeks ago, the point is that last time 3-12 weekly averages were that low is in 2016.

>Inputs per block are up, outputs per block are down, and they've never been spread this far apart in the past, indicative of batching.

Why are you repeating this? Do you realize that the 'payments/day' you yourself linked to counts real outputs? It's precisely made to make batching irrelevant when measuring use.

[Anonymous No.8243712]

>>8243682
This slipping right over your head.
They made this for a reason, to determine the health of Bitcoin.
https://outputs.today/

It's the ratio that matters

[Anonymous No.8243741]

>>8242145
He's right though.
Bitcoin is pure poison among others due to its internal strife as a result of the founder dev being MIA.

[Anonymous No.8243774]

>>8242145
He's right though. The sooner BTC dies the better. This thread reads like a bunch of boomer faggots that only invest in BTC.

[Anonymous No.8243779]

>>8243712
"The payments metric counts the number of outputs of a transaction and subtracts one (to exclude the change output). [..]

The purpose of this metric is to provide a more accurate representation of real economic activity on the Bitcoin network."

>The purpose of this metric is to provide a more accurate representation of real economic activity on the Bitcoin network

RATIO IS COMPLETELY IRRELEVANT. Stop spinning BS, this is /biz/ not r/bitcoin, it's not going to work.

[Anonymous No.8243837]

>>8243741
Satoshi may have been the biggest troll of all time. Probably the richest too, at least on "paper".

[Anonymous No.8243839]

>>8243779
Haha this IS /biz/ not /bcash/ !
Good luck taking down the BTC network again with your millions of microtransactions filling up the block.
Everyone is batching now and segwit is being adopted by everyone and lightning will be the death-knell for bcash and it's centralizing founder.

[Anonymous No.8243865]

>all these newfags who don't remember BTC choking itself in December, getting extreme fees and took days to transfer

[Anonymous No.8243948]

holy shit some of you are retards. this thread has exposed all the latest adopters, newfags, "4 months worth of experience" experts, etc. jesus christ.

[Anonymous No.8243952]

>>8243779
Says the guy using REDDIT spacing.. can't maek this shit up. BCASH fags

[Anonymous No.8243958]

>>8242599
I agree, and it's basically an epidemic of people not putting in enough effort! All these "4channers" who go around saying racist, sexist, and homophic and bigoted and xenophic and transphobic things need to be more serious about peoples' feelings! Uhm, hello?? It's 2018! Gawd internetzs!(plz upboat)

[Anonymous No.8244011]

>bitcoin is losing adoption
>>8243839
>>8243952
>Haha this IS /biz/ not /bcash/ !
>death-knell for bcash and it's centralizing founder.
>BCASH fags

[Anonymous No.8244040]

>>8243545

It's difficult to convince someone of something when their wealth is dependent on them not understanding it

[Anonymous No.8244043]

>>8243185
If BTC was an ICO today it would fail.

[Anonymous No.8244073]

>>8244040
What exactly, specifically are people who believe in Bitcoin supposed to understand in your enlightened opinion ?

[Anonymous No.8244088]

>>8244073
lightning a shit
segwit a shit

[Anonymous No.8244092]

>>8242145
He's right, core cuck.

[Anonymous No.8244104]

>>8243349
BBQcoin and Namecoin were GARBAGE and cannot be compared to things with real substance like Ethereum and Dash. Until Bitcoin has their features, which it won't and never will, BTC will forever stay under 50%.

[Anonymous No.8244108]

>>8244088
Well gee gomer, what should we do.. I know! Lets double the block size. so much more nuanced and adaptive to the future...

Can't wait to see Coinbase drop BCH.. Gonna be so funny

[Anonymous No.8244116]

>>8244108

Bitcoin will live or die by its own merits regardless of what bitcoin cash does

[Anonymous No.8244117]

>>8242261
liquidity

[Anonymous No.8244158]

BTC is the myspace of crypto. Yes it's good and got a huge market, but most of that is purely because it was the first viable crypto. As time progresses people will find other cryptos that have moved on and developed more. It's a slow process but you would be stupid to say that BTC certainly would be the top coin in 5 years.

[Anonymous No.8244176]

>>8244158
BTC use-case is too successful though, P2P store of value

[Anonymous No.8244190]

>>8244158
https://www.youtube.com/watch?v=tBnC9AhKjws

Watch this. Other blockchains can claim whatever they want.

[Anonymous No.8244219]

>>8242830
>fees are low because of batching
>we need lightning because of high fees!
btc cucks

[Anonymous No.8244222]

>>8244158
How long have fax machines remained in use motherfucker? How long has gold been in use? Nobody cares if they can buy a single cup of coffee directly with gold, literally nobody.

[Anonymous No.8244223]

>>8244176

>Store of value
>Dropped 50% from ATH

[Anonymous No.8244243]

>>8244223
When it was down 65% from recent ath it was, at that point, still up ~550% for the year.

[Anonymous No.8244249]

>>8244223

[Anonymous No.8244256]

>>8242145
This is just like the Walmart episode of south park

>kill walmart ,shop at jeb's store
>jeb is the new wallmart it must be killed and the cycle continues

YOU ARE JUST GONNA MAKE AN ALT FUNCTION JUST LIKE BTC AND CAUSE THE SAME PROBLEM, in order to get into alts you need another crypto

[Anonymous No.8244333]

>>8243119
>hates cp
>on 4chan
just because the thread is about reddit doesn't mean you have to act like reddit

[Anonymous No.8244341]

>>8242145
thanks just used my botnet to upvote 100k

faggot

[Anonymous No.8244387]

>>8244223
>how to spot a newfag; the post

[Anonymous No.8244409]

Why everyone posts on reddit like he's holding a speech?

[Anonymous No.8244449]

>>8244387

>Can't think of an argument
>NEWFAG!!!1111

Wow, really butters the toast

[Anonymous No.8244500]

>>8244158

Imagine actually believing this

[Anonymous No.8244565]

>>8242261
but then again there are many eth pairings and yet eth itself drops with btc