/biz/ - Business & Finance

based maximalist

>>13498853
Bitcoin is shitcoin
Answer this

Why would anyone what BTC ?

>>13498860
Why would anyone want BTC ?
Why would I want BTC ?

Would you recommend to your son to buy BTC at 100k a pop?

>>13498853
Eth 2.0 will wipe your shitcoin out of existence

>>13498860
>>13498870

>>13498894

>>13498894
Delusional. Enjoy your premined, dao forked, erc20 shitcoin printing scam that will soon get even scammier with the implementation of Proof of Stake.

>>13498894
>my useless infinite supply shitcoin will surpass Bitcoin
how's that flippening going on?

>>13498901
>>13498906
You made me laugh anons, good one! Now name one single bad side of these. There's none.

>>13498896
there we go
you cannot answer the question

lets go further, as scams go you can say and you do that if you don't believe in our faith I have no time to explain it, witch you do say

BTC is the giga shitcoin and we are about to see its collapse

>Nash Equilibrium
Nice subtle shill for Nash Exchange :)

>>13498932
Noce try pajeet. No one's shilling your literal who chink wash trading exchange.

>>13498853
>stable
>store-of-value

>>13498951
Tether did better at this than this shitcoin, it literally has nothing, only a nice brand name and speculative power.
Too bad professionals (Microsoft, Samsung, Amazon) choose Ethereum over BTC.
>why do they do that! it's a russian scam! I bet these professionals did no research and I did more than any of them!!!

>>13498918
>>13498914 is the real reason why ETH will forever remain a shitcoin, along with the ETH premine. Bitcoin's value is derived from its scarcity. Ethereum is not scarce, will soon not be protected by the laws of thermodynamics, and its entire value proposition comes from ICO scams which is a dying trend.

>>13498990
scarcity is not an argument if you have no usecase
there is no reason to want BTC at all

>>13499011
>BTC has no use case
Complete bullshit argument. You should be ashamed for even writing that. It's been used for permissionless and borderless transfer of value for a decade.

>>13499169
>ashamed
yeah this sound just like a cult
why would you want to use BTC for borderless transfer and not other crypto ?
why use crypto at all

>>13499198
>why use crypto when governments or banks can seize your funds
>why not use any other crypto that had a fraction of the security of King Bitcoin
speed
https://howmanyconfs.com
Link and pic related. If you're just going by time of one confirmation BTC loses. If you go by speed as a function of hashpower Bitcoin blows everything else out of the water. It is the most secure blockchain on the planet and you are exposing yourself as a newfaggot for arguing against this.
I own Ethereum, because I do use the Ethereum network for a few things. I am not a cultist. Ethereum does what it needs to do. It isn't bitcoin though.

>>13499234
WTF is that bullshit order
pathetic brailets
if you want 6 confirms in ETH that will take 6 * 12 seconds

>>13498860
FIRST MOVER ADVANTAGE, BRAND RECOGNIZATION,

>>13499270
bla bla bla
nokia
if you even remember what that is zoomer

>>13499263
>this is the IQ of the average Ethereum cuck
It would take that long to get the hashpower equivalent of 6 bitcoin confirmations you absolute brainlet

>>13499310
you fucking moron you cannot compare different hash algos you fuck
also this is plainly wrong
but go ahead and compare BSV and BCH to BTC

you fucking idiot motherfucker

>>13499263
You read that thing wrong retard

>>13499324
>muh btc

>>13499270
Atari had those things and failed. Produced way too much garbage and had no quality control, eventually was replaced by Nintendo.

>>13498853
More "secure" no.
Bsv keeps all the things named in the whitepaper, eg. Double hash , BTC doesn't have it and makes it less secure; also it has a miserable 1 MB cap and LN. If you want to remove all the features from the whitepaper please change the name, bsv will win and is the real BITCOIN, and Satoshi is working in it

>>13498853
the level of stupidity and condesention in this post is truly remarakable

>>13499343
How are those multi block orphan chains working out? you fucking Indian.

>>13498894
it will never materialize retard

>>13499370
LMAO reorg is part of the protocol you imbecile. From a user perspective nothing changes ,you are being played. BTC aka blocktreamcoin is voting to reduce the block size to 300kb to finally cripple it. Please desactive your NPC mode and make your research (pic related). Bitcoin is an economic system, it NEEDS to work in real life, right now it doesn't . BSV does.

>>13499419
Reorg wastes resources for miners and results in more required confirmations. That's why it takes a day for exchanges to even credit BSV deposits you third world monkey

>>13499419
It shouldn't ever have to happen with more than one or two blocks max. 4 block orphan chain is fucking retarded

>>13499436
>>13499467

It's part of the protocol, change it your are not BITCOIN , you are blockstreamcoin.
If a miner isn't fast enough to verify and propagate should NOT be part of the network, It's simple as that, that's why neckbeards that want to run their raspberry pi are fucking idiots, this is a competitive capitalist system, not socialism. Nose that don't mine or do it inneficiently DONT BELONG IN THE NETWORK
Miners that are slow either invest more or go bankrupt, that's it, no one gets to fuck the system beacuse they are weak or whatever. Also double hash allows MORE miners of different kind eg. miners specialized in archiving and searching results and info, other dedicated purely to mine blocks. That's descentralization and specialization.
You don't like it? Go bankrupt with altcoin blockstreamcoin.

>>13498853
$btc will be a joke 2020

>>13498853
What a typical arrogant /biz/ poster. Do you think your special? You think just because you know a bunch of stupid terms that you're better than anyone here? Tell me. Please. Tell me why you think that way. I'd love to hear it. And for the record, I've got a masters in economics. Really chaps my ass that you nitwits come on here and chastise anyone with your vague and dismissive attitude without ever having even argued against the actual philosophy being discussed. Lets hear your 'economic thought' you yellow-bellied shit posting psued. Go right ahead... there is no better place than here and no better time than now. Lemme guess, you like keynes? Or are you some laissez-faire extreme capitalist? Read a few quotes from milton friedman and now you're the expert on money and how to run an economy? Lay it on me pal. I got all day. I'm gonna be here in this thread questioning everything you say... everything you do. Every post you make. Every feeble attempt you try. So you got two choices my man... you either put up or you shut up. Whats it gonna be?

>>13498853
Makes me wonder: how will Bitcoin maximalists react when it becomes obvious that Proof of Stake is a perfectly viable alternative?

I'm truly curious how it will play out. The hard core of true believers will certainly stay on the PoW side. The more pragmatically minded will rally around an alternative implementation. I can foresee another episode of hardfork drama on the horizon. Maybe a separate one for BTC, BCH and even LTC? Or maybe Roger sees an opportunity to claw back some relevance and switches to the PoS camp?

My prediciton: the ecosystem will finally grow tired of all the bitcoin drama and just switch to using some ad-hoc variety of ERC20 stablecoins / store-of-value tokens running on ETH 2.0.

>>13499748
PoS rent seeking brainlet
it never ends

>>13499748
PoW will always win vs PoS, just look at the economy. Ownership works for a while, but ultimately the work you put into something decides long term. Nature intended PoW as selection mechanism for survival everywhere. You dont work = you get weeded out. Excluding here fringe case with turbo rich parents etc.

>>13499520
big KEK to your image

>>13499748
Socialist mass murderer detected.
Also you named stablecoins as an option, please go back to school.

>>13499794
Widely used PoS systems will come soon enough. Once something like ETH2.0 is up an running, you will need to answer the question: why again are we burning a mid-sized country's worth of energy consumption when this much less wasteful alternative exists and works just as well?

Pragmatism always ins reality. If PoS works in practice, nobody will listen to wishy-washy arguments like "it's unnatural" anymore, they'll just flock to what works.

>>13500006
why don't we let the professor explain why PoS only gives rich people a voice?
https://youtu.be/WaeC8POzhUE?t=4486
jump to 1:14:46

>>13498853
eth desu