/biz/ - Business & Finance

When is the LN going to pump the BTC price?

>>11011631
Bitcoin Cash isn't Blockstream, it has several independent teams, one of which wants to use sharding like Ethereum is planning, another team just wants to go right away to 128MB max blocks using several optimizations.
The reason LN will never work isn't because of technical reasons, it'll just be way too late in the race.

This is life and death, some a motherfucking game.

Bitcoin Cash is just the current name of Bitcoin, it will revert back to Bitcoin when bcore dies off. Note I said when, not if.

Ripple made an unprecedented money from selling the xrp token, how is it possible there are no competitors?
And what will happen to xrp if another company makes a payment solution of its own? Since issuing a digital coin like xrp costs pennies doesn't it mean it'll have serious rivals threatening to take its place?

The LN is going to be for the banks and a disaster for BTC. However it is not all just the block size that is what really happened even though it is what everyone has been in an uproar about but was merely the icing on the cake. The real subversion happened in March of 2015 wherein they added RBF or replace by fee which broke zero-conf and first seen. https://theflippening.github.io/open-letter-to-bitcoin-miners-from-another-miner/ "Due to the constant high fees and network congestion, they introduced an anti-feature called Replace By Fee (RBF) https://medium.com/@octskyward/replace-by-fee-43edd9a1dd6d (Mar 28, 2015). The aim of this was to allow users to pay a higher fee for transactions that were stuck and unconfirmed. This broke a critical feature called Zero-Conf which meant merchants could reliably accept a low value transaction with no confirmations as long as it was the first transaction seen on the network. Merchants could monitor key nodes around the network and reliably detect double spends with very good accuracy which allowed them to accept transactions with high confidence within 10 seconds and not have to wait minutes or hours for confirmations. Zero-Conf worked great for Brick and Mortar stores like buying your morning coffee. With the RBF feature, now users could pay for their goods, leave the store, then send the same transaction again but this time with a higher fee and send the amount back to their own wallet and rob the merchant in broad daylight.

>>7228838
LTC is a scam coin, it was a copy paste of the BTC code to reboot the ledger and enrich the founder with all the early coins.

>>6393101

I'm still waiting for the Corecucks to explain which special magical property turns BTC into "digital gold".

>>5342005
i'm waiting for this to drop sub-500 to invest more into it

i seriously think this ""coin"" will value over 10,000 in the (nearish) future

has the most future growth potential with actual real-world use

is this reddit graph accurate, /biz/?