/biz/ - Business & Finance

>>11658891
Fake and gay

le me get this straight
bcash is splitting its little bit of security AGAIN?
So individual btc miner can lead a 51% on two bcashes.
brilliant

everybody knows PoW alts are worthless

SHA256 alts are double-worthless

>>11658891
>Every altcoin will be destroyed, and finally, btc will be taken down too.

Cashies are exactly as delusional and narcissistic as their Dear Leader is.

>>11659004
Correct.
Time to short

Everyone needs to read Vin Armani's twitter posts and replies ASAP.
There's a war coming, and it's not going to be what you think.
https://twitter.com/vinarmani/status/1058725141839011840

This is the important thread to read:
https://twitter.com/vinarmani/status/1058503936028622848

Would be great if you can understand it.
If not that's fine too.

>>11658891
luckily eth and "best coin'' aren't affected by this shitshow.

>>11659054
literally who

>>11658891


>How are they going to 51% attack:
-POS like Cardano
-DPOS like Eos
-Masternodes like Dash
-Monero will just hardfork like they did last time?

>Other POW coins might be in trouble I assume?

BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH

>>11659046
"cashiers" control most of btc hash power too, they are just playing the smart war. They have tried to keep bch prove low to accumulate as much as possible. We are talking Jihan wu, Roger ver, Craig wright, Calvin Ayre. These millionaires and billionaires have accumulated A LOT of bch and A LOT of hash power, preparing for the final offensive. Money flows from superficial idiots to the smart people with deep pockets. Bitmain controls most of btc hashpower, they have hoard ed more than 1 million bch and are investing everything into it, they are close to ipo, already valued tens of billions and planning to invest a couple billions in New mining facilities. They are all in on bitcoin cash.

Ask yourself, who is on btc side?
Any players with real money or hash power?
No, they are just milking the cash cow as much as possible, by mining it and su king money out of the idiot suckers who think bch is bitcoin. Then there will be an inversion in both price and hash power. It looks like btc has more hash power now, but ask yourself who really controls the most hash power...

Play along with the smart money, don't be one of the idiot chickens that will be slaughtered in the ruthless crypto war

>>11659105
you also can't 51% ethereum. and thus no erc20 token

One Thing is so fucking clear.
Blockstreams Bitcoin will fucking die when the miners use their hashower in the Bitcoin Cash hashwar.
I hope what is closest to satoshi's whitepaper wins the war

>tfw all in on BTC (Bitcoin Cash)
does it get any more comfy than this lads

>>11659054
>>11659076
Well it's a good thing I don't give two fucks about B(it)CH so this shit doesn't apply to me :^)

>>11659136
No.

>>11658891
If there was ever a real "hash war" BTC would fucking annihilate everything else. Just an utter bloodbath.

>>11659036
If that is his theory, Monero already showed they will just hardfork.

>>11659089
If you don't know who Vin Armani is, sorry bro have been living under a rock for some time now.
I suggest to also follow ''The emperor of Bitcoin'' and Chris Derose.
>These 3 niggers made me a shitload of money with their mindset.

>>11659054
>>11659076
What do you think he is suggesting exactly?

>>11659105
Proof of stake? Jihan, Craig and Calvin are all mult billionaires. They can crash pos shitcoins easily, and it would be an investment for them, to increase the value of their bch stash even more.
It's a ruthless war and there can be only one winner

>>11659171
You have no fucking clue you clueless idiot.
------


Where are you gonna store your coins while the battle is happening?

>>11659175
He is suggesting that CSW and Ayre have more power than people think, and that they might use this power against more than just BCH ABC.
Think about it for a bit.
Read carefully and slowly. Bookmark it.
Reread it many times.

>>11659129
Cashies cant control most of BTC hash power without giving up being cashies, simple addition and subtraction anon.

>>11659179
https://fork.lol/pow/hashrate
BCH would disappear like a fart in the wind

>>11658891
cringe

>>11659046
LMFAO imagine believing that bitcoin (or any fork of bitcoin) has a single "leader"
>>11658989
>individual btc miner can lead a 51%
Have you ever even asked yourself why no major miner has attempted a 51% reorg of the BCH chain? There are plenty that can and yet they don't.

>>11659175
Monero huh?

Ah, ignorance truly is bliss...

>>11659217
Every cashie worships Ver as ancap John Galt come to life. It's sickening to watch.

>>11659054
>>11659076

>>11659217
BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH BTRASH

>>11659224
>ignorance is truly bliss
>posts a screenshot of a living fraud
cringe

>>11659224
>they are not so private
fucking pseudointellectual retard

>>11659178
>By destroying POS coins they would need to buy a majority of those coins.

If they would want to try that with for example with ETH or ADA they would just push the price up for that coin. Making it harder for them to buy more. Any other coin with a low market cap, the scenario you are saying I would not disagree with.

>>11659193
He said he had taken necessary plans/moves, what are those exactly?

>>11659201
What are you talking about

>>11659254
Good luck anons.

>>11659253
It brings be great pleasure to know that people on your wavelength are going to continue to lose lots of money in the next few months.

>>11659224
holy shit
selling my xmr now

>>11659287

>>11659224
I personally don't think he had the knowledge and is just big talking.
If he is able to destroy XMR, LTC and DASH I will have to give him credit for it because it would mean those coins weren't strong enough to begin with.
>I highly doubt any of those 3 will die by his hands or by any other person.

>fork happens
>csw tries to constantly reorg the chain
>difficulty drops on bch because wasted pow doesn't count
>btc miners move to bch
>csw's relative hashrate drops even lower
>if it drops below 30%, not even a selfish mining attack will work
If bch stays around 0.09, then csw's hashpower is around 40%. So the 30% above is likely.
CSW lost.

what the fuck does this mean?

>>11659224
This shit is cringy and pathetic. Just fucking stop already, jesus.

For anyone that is still trying to figure out what to do, I can also suggest watching this video:
https://www.youtube.com/watch?v=JYKC_k8YcIY

Here's the twitter comments for it:
https://twitter.com/vinarmani/status/1059477874824998912

>>11659224
*teleports behind you*

>>11659224
What a tard, holy shit. Does CSW even know what ring signatures are? Jesus christ. I'd like to see him try take down XMR, it'd be a good laugh and I don't even own any

>>11659501
You could weaken the privacy if you control a majority of txs on the chain.

>>11659326
A single one of the 5 largest ethereum gpu mining pools could absolutely destroy any POW coin that is primarily GPU mined. Bitcoin mining pools can do the same to sha256 POW coins.

This is nothing new. I have mentioned this on biz several times since over a year ago and so have other anons. People just don't want to listen or pay attention. Being a low hashrate POW chain = you can be killed at any time and your attack resistance is laughable.

>>11659293
ETH isn't PoS, but otherwise I agree
>tries to get majority control of EOS
>ends up pumping the price by 10000%
>I sell my bags and laugh all the way to the bank

>>11659526
> don't only diversify into multiple blockchains, also check the mining algoritms, checked.

>>11659526
Pow shitcoins will all die. Look at btcp and verge where the mining reward almost ran out. There are no fees to keep it secure.
Except monero because of the constant 0.1 xmr reward.

>>11659526
I have to agree with you there.

So only POS DPOS Masternodes coins are safe I assume?
Unless they buy majority of the supply from the market.

Even if true, decred's PoW/PoS setup will survive. Mining empty blocks means they get stripped of their rewards.

Noice

Jihan said in may. His miners are supporting btc for a short term play. Lets see what tricks were going to get nov 15. Should be very interesting
https://amp-reddit-com.cdn.ampproject.org/v/s/amp.reddit.com/r/btc/comments/8kbzwz/jihan_wu_was_asked_why_are_the_miners_still/?amp_js_v=0.1&usqp=mq331AQECAEoAQ%3D%3D

>>11659531
Eth is indeed not POS yet but you get my point.
When they would try to do an attack on EOS ADA and when ETH is POS they only would drive up the price.
Any sane person would insta sell and take profit.

>>11659454
>they will go after all altcoins
BASED ASF

>>11658891
all in on NANO
only crypto that will survive the mining falldown
immune to economy of scale / centralization spiral

>>11659601
>no TX fees
>infinite spam

Go back to grade school

>>11659568
He's divided over two coins now, he dumped his BTC for BCH to try and force a failed flippening, he's toast.

>>11659565
I sold DCR. they r a bunch of tards and believe in lighting network for scaling. so nvm that shitcoin.

>>11659630
nano is pretty cool. spamming doesn't really work cause of delayed proof of work and it just writes to your own copy. no broadcasting yet. its not yet a very stable and reliable protocol but I think it has good chance of becomming something big.

>>11659650
I'm sure you think 1gb blocks are a good idea as well

>>11659601

>>11659568
This.
If you don't know this, you haven't been paying attention.

https://m.youtube.com/watch?feature=youtu.be&t=52.46&v=oAAML7hy3gA

If you bought Bitcoin on an exchange during the hash war would you get both chains?

>>11659650
They are working on so much more than fucking lightning... Decred is developing the solution to on-chain governance and development

>>11659750
Fuck of with this shit.
This is a thread for real coins

>>11658891
>BCH will be destroyed
nothing else will change. don't be such a pathetic dumbfuck OP. nice heavy bags

>>11659253
yes it is. I think they must all be homosexual middle aged gayboys - mom's basement highly likely.

>>11659224
TOP KEK. Monero is king and Craigh is a retarded kid compared to based fluffy ponny.

>>11659750
>on chain governance
>pay me for verifying your work that the other miners already verified
LMAO what a fucking meme

>>11658891
yes, because people are going to refuse to put transactions in blocks and get those juicy fees, fuck off

>>11659526
Lol cashies are literally paid shills they're not going to be like "oh yea good point"

>>11659460
nothing personnel kiddo

>>11659838
Lol you have no fucking clue how it works, go do some reading

Decred is literally immune to this btc bch shit because of governance. A change mechanism is exactly what btc needs to survive long term

>>11659828
>Using fluffy pony and "based" in the same sentence.

>>11659871
I really don't fucking want to. I went on their website and that's the gist of it. That alongside some pos type garbage that boils down to more coin = more votes. It resembles what some corecucks think btc actually is right now.

>>11659871
Also looks even more susceptible to proof of social media attacks due to this pos voting. If you think btc would be immune to this you're deluded.

I don't understand any of this but Bcash is making me some serious money right now.

>>11659293
Implying they didn’t accumulate all year at low as fuck prices with their money they’ve been making hand over fist

I might be the only one but..what if the whole "hash war" is staged?
Bitmain, Roger, Calvin..they have all the same goal. They were accumulating BCH for a year and have LOADS. All of them want BCH to succed and they definitely dont plan to sell only to beat the other group. So while everyone here is picking up side Im asking what if?

What if this pump during last days should look only like a correction of bear market?

What if pump during next days will look like its caused by Bitmain selling new antminer only for BCH?

What if Bitmain will switch all the hashpower around 15th to BCH to win the staged war and btc will get stucked once again?

And what if the price pump after 15th will only look like people are not scared about fork anymore and buying bch back? And miners will stay on BCH chain..

What if these 2 groups will sell rest of their BTC for BCH? Right now when everyone is expecting BTC to make a big move based on TA.

Dont forget they are making money shorting BTC and they can do it for a long time.

At the end of the day BCH can takeover BTC and it will look like a natural result of this. Pumping bch to moon is super easy for people like Jihan or Calvin but they dont want to be accused. They are people behind the stage.

>>11660304
>What if Bitmain will switch all the hashpower around 15th to BCH to win the staged war and btc will get stucked once again?

Not really possible, even if bitmain switch every single miner they have to mine BTC at a loss, that's 25 percent of all BTC mining. BTC carries on to the next difficulty adjustment. Jihan split his resources to fight two wars. I've just realised that BTC is Russia.

>>11660349
What if they have a back door in their antminers making BTC mining impossible.

>>11660422
they won't sell many of THOSE

>>11658891
You don‘t kill BTC. BTC will instead ruin you

I'm going to buy me one of those moderately attractive Bcash girls.

>>11660349
That's 25% leaving BTC leaving THAT chain susceptible to reorgs too.
Who knows how many miners will join in, GAY SEGWIT chain is gonna grind to a halt
Hope it's perfectly planned. When is BTCs next adjustment?
It's 7% more profitable to mine Cash right now. If it keeps pumping this is looking like bad news for Blockstream haha
>Difficulty retarget chart
Date (24h UTC) Nov 18th, 06:10

https://fork.lol
Plan force chain death spiral is in place

>>11660758
That 7 percent profitability would instantly disappear after the switch
>Who knows how many miners will join in
No economic incentive to
Are we going back to the delusional dragonslayer shit?

>>11660304
it's not jihan has money an patents invested in Wormhole coin which he wants DSV and eventually 1 min blocks
he would also like the perpetuation of the alt market because of the money he has invested in alt mining hardware

he's played himself though
nchain, bmg, coingeek can bleed him dry or he can concede defeat

this so called hash war is a catfight in the sandbox btc wont even notice.

you fags are smoking some crazy shit.

>>11660985
nearly all the hashpower on btc is in pools owned by jihan
jihan sold all his btc for bch

>>11659199
Are you a bit retarded? Bitmain owns over 20% of BTC hash power

>>11661048
Since when was 20% "most" ?

>>11661048
yeah but how much of the hashpower in bitmain pools is jihans hashpower

>>11660758
Absolute delusion.
This crap would have to pump to 0.5 to slow down bitcoin by 50%. And that's without the obvious increase in mining fees.
And what matters is bch's difficulty adjustment which is super fast.
Fucking brainlets.

>>11661037
nothing will happen

>>11661111
if jihan doesn't bring hash over from btc he looses WHC and he knows it will also be the beginning of the end for alts

>>11660758
you do realize a single pool even the smallest can mine btc if left alone without competition right?

>>11661142
Nope. Look at the charts, csw already lost.
It's quite simple. Keep the price above 0.09btc and csw's pool will have less than 40%.

>>11661174
>he thinks price is the only variable
it starts on November the 15th
miners on SV are taking DSV transactions as fees there is no equivalent action for pro abc hashpower to take because they are the ones trying to make changes

>>11658891
hey faggot remember s2x.......thats exactly what they are going to pull......bitmain needs to pump their bcash bags so that their crypto holdings look better before their ipo

>>11661165
just let him be anon, newfags dont remeber what happened in november last year.....cashies are getting more and more desperate by the hour....

>>11661273
What are dsv transactions? I'm confused.

>>11660422
>What if they have a back door in their antminers making BTC mining impossible.

kiss the IPO goodbye

>>11661273
Lmao. Who cares about his minority chain?
Anyone running abc or unlimited with abc option, will consider those "fees" and thus the blocks invalid.
There's nothing he can do about that now. Before he was talkjng about reorgs but now that's impossible with his little hashrate (30%?).

>>11661364
A new op_code in the abc shitcoin

>>11661381
it's not the 15th we don't know the real hashpower distribution until the fight starts

even if sv hashpower is a minority they have said they are going to mine at a loss for two years attacking abc if need be
Jihan can't sustain that

>>11661486
>even if sv hashpower is a minority they have said they are going to mine at a loss for two years attacking abc if need be
>Jihan can't sustain that


do you really think the biggest mining equipment producer of the world can not defend against the shitstain CSW?

do you really believe what you are saying now?

>>11661486
You're so gullible. So calvin can mine two years at a loss?

Even a favelaguy like me can see what is really going on.

For some reason, that we dont know yet, they made the first fork, that have some real meaning that we as outsiders can't see. Now we can see that the miners as a conglomerate agree in some points, if not they wouldnt team up, that means that there are some shady things that we dont know too.

This hash war means a lot if you analyze it, that means that crypto isnt decentralized as the majority think (I know this is obvious, but this make it clear) and that we already have some conglomerates that share private interests that we dont even know.

This can be good or can be bad, we dont know the real intentions of the "fighters" that are going against the normal system.

The miners have more power than the majority think, in fact they have the power to selective dump any possible project and even profit from that at a level that we wont spot as we will never be able to know their intentions.

Also, I think some governments already have some 0days that we dont know yet or even some ghost mining farms because they also have "cibernethical power" as we have cibernethical wars too.

>listening to a literal male prostitute
the absolute state

>>11661533
Do you realize that bch only has like 10% of btc's hashpower? This is proving nothing. A few miners moving to bch because it's pumping proves nothing either (it's happening since the fork).

>>11661533
I agree with everything you've said anon.
This is bigger than anyone realizes.

>>11661514
bitmain has resources spread across many things
sv miners are all in bch

bitmain will not kill iself over dsv but craig will kill nchain and everything for bitcoin as described in the whitepaper

>>11661523
I don't believe anything man, just learning as much as I can

>>11661523
additionally the market forces of dumping the abc chain won't be confined to die hard sv supporters

no one wants WHC or 1 minute blocks
Tokens are already done in script

Jihan should've transmuted his business from hardware seller to miner

From chinese chatrooms, it seems that Jihan and btc.top have a "plan" to win the war:

1) Move over a ton of hash power from btc.top to mining bch at the very start of the nov 15 hard fork. They refer to this as the "burst" stage. It will be temporary but ensure a lot of blocks are produced on ABC chain and it is the longest chain, so they can quickly claim they clearly "won" the war.

2) when the burst is over, even if SV has more sustained hashpower in the long term, they will say that is a malicious 51% attack, and that ABC has won the war and expect exchanges to keep ABC listed as BCH.

BTC.TOP just did a test rn of switching hash power to bch

https://www.reddit.com/r/iBCH/comments/9utv62/warning_bitmain_wants_to_win_hash_war_by_masking/

>>11661565
10% of a global coin is something really big if you analyze, if they could change their hashing power to DDOS services they could probably take down Amazon, Apple and Facebook at the same time.

What you have to see is that 10% of the mining power already belong to a conglomerate with some interests we dont know, that means we already have some "co-oping" in a thing where it shouldnt happen.

Ok, they have just 10% into BCH, but look into new projects without mass adoption, isn't hard to see that 10% of the world mining power could crush/destroy or even pump any new chosen currencies. That means even legit projects can be crushed if they have opposed interests of that conglomerate.

My real point is: people just co-op when they have mutual interests, that mean for some reason 10% of the world is angry and want some change for some reason we dont know yet.

>>11661614
This aint about "just" crypto anymore.

>>11661662
this sounds about right.
the entire plan is dependent on proof of social media and exchanges.
cowardly brainlet tier plan

never change cashies. yet another flippening therat from the cashie camp... this time in the form of bcash win everything else die. dozens and dozens of threads already, soon to be hundreds and then 1000+ bcash to kill crypto threads before the 15th of november. reminds me of:
>flippening on the 15th if may
x1000+ threads
>then... crickets
now the same faggots preaching nov15th. at least this time bcash dies forever - and with it, all bcash threads

>>11661727
a fool and his money...

>>11659004 pow shitcoins with notarization or protected mining should be fine

>>11661165
You brainlet, if the difficulty gets pumped towards the adjustment right as the war starts and people start renting BTC hash rate for it then we could see mempools like November last like this brainlet >>11661323
remembers but doesn't seem to remember the $100 fees

Segwit sucks blockstream's Fu ked

>>11661711
Blablabla. Most mining pools give their hashers the option to switch between btc and bch depending on profitability. It takes a minute. You're just spouting random nonsense.

are all of you cashies? where does one get news that aren't bch biased?

>>11662314
r/bitcoin

>>11662314
what do you want them to be biased towards?

4chan is one of your best sources, since its anonymous and unfiltered, you get an equal amount of shilling from all sides. The coins that have more shills compared to the current market share are the ones worth looking into

>>11662314
everywhere else? sorry /biz/ isn't a pro-core safespace like r/bitcoin is.

>>11662314
There is literally no space within which there isn't a BCH bias unless it's heavily censored.
That should tell you something, but because you're a retarded corecuck, it won't. You'll just reee harder when you eventually lose your money on your delusional shit.
BTC Is the coin of low information cowardly plebs who are desperately following the herd, nothing more.

>>11662358
biz is absolutely pro BTC

>>11662708
The fact retarded corecucks have not absolutely capitulated by now despite it being a year in which lightning was conclusively proven to be a failure even whilst being centralised, and while the majority of btc activity was focused around a fucking etf managed by the state "backed" by bitcoin, and last of all while blockstream rubbed your retarded fucking noses in it by the coup de grace of liquid, and you stupid fucking cunts still don't fucking get it.

You are fucking retarded beyond all measure. You are ignorant obsolete farm equipment that is operating on luck alone. You picked the wrong side of the fucking chain and refuse to accept your error and the incumbent forces of states and central banks and other assorted unproductive psychopathic motherfuckers are the only things propping you up. You will fail, you deserve to fail, and most importantly for the slump to correct you fucking must fail. So just capitulate now and get it the fuck over with. I don't give a shit if you buy the real bitcoin fork, just stop propping up the fucking zombie shitcoin masquerading as Bitcoin that even the most retarded fucking downs syndrome extra chromosome having motherfucker on the planet could identify as a scam by this stage.
Fucking wake up you absolute sad fucks.

>>11662749
>a bloo bloo bloo
Enjoy your "hash war" you useless faggots kek

>>11662776
Imagine being this deluded.

>>11662749
word.
BTC is the coin of the lowest information brainlets who just follow the heard and buy the most popular thing. It is the coin your aunt's friend bought because her hairdresser told her about it. It's the coin your low iq drug dealer bought into, the coin anyone with half a brain has been shorting for a while.
BTC is the most useless coin, adoption is dropping each day, while fees and technical debt keep increasing. No one with half a brain uses it anymore except "hodlers" who are still hoping it will "moon". It cannot even defend its first mover advantage since it is not the original bitcoin as described in the whitepaper anymore. It's only a matter of time. People are milking the cash cow till some uninformed idiots still buy into it. And then it will be done, forever.

>>11661662
This would be embarrassing and likely fail. If they attempt this, it will be the end of an epoch in crypto history.
>>11661727
SEETHING
E
E
T
H
I
N
G

>>11662848
man, csw is truly a genius, people with his level of intellect are so rare. Not even being sarcastic. Have been going through all his publications these days.

>>11662929
He is undoubtedly a super genius. Really fucking rare brain he has.

So I guess maybe it's not been talked about, but Bitmain released this firmware upgrade to their miners (the S9's) that let's them use "Asicboost"
Problem is, I can't mine in Slush since upgrading, or any other Btc pool
Just fyi, didn't know if that was known

>>11658891
Lmfao not even close

>>11662897
>>11662929
>>11663582
Straight from the ganges

>>11663582
Real good brain for sure!

Faggy little hash war destroys both BTC and BCASH as the true king propels violently to the #1 spot.

>>11663762
Get the fuck outta here with that bullshit.

>>11663762
Hi Smug