/biz/ - Business & Finance

watch out, delusional corecucks inbound

>>14645367
>graffiti on the blockchain
*amazing*

>>14645380
watch out, bsv cultist shitposting inbound

i refuse to believe that craig wright is satoshi

>>14645481
Don't forget to check out the mining profitability parity chart , BTC going to cry

All of you BSV faggots will be bankrupt by end of the year. Screencap this.

>>14645367
Have craig suck your balls. That's what faggots are into

>>14645367
unironically a big deal

bitcoin (bsv) unironically kills fake bitcoin (btc) in 2020

Is there a thunderstorm or something?

>>14645549
you will not make it
take a look at this and then at the bsv chart
then go find where this happened on the btc chart
then delete your post

>>14645367
So it begins.

Two gigabyte blocks EOM. You thought a weather app gathered lots of transactions, just wait until people are playing vidya and other shit on this big block chain.

>>14645367
Its still SLOW AF......
BSV mining fees are fucking outrageous rn too
Whatever, get burned like me, dont tell you I didnt say so
Court wont be nice to craig for much longer

>>14645367
You missed a comma you sperg

>>14645994
No I didn't, retard. Fucking retards.

>>14645420
found him

>>14645836
That 98% number isn't right. Even if you only take into account op_code transactions, which WeatherSV all are, it's not close to being 98. Another fud bites the dust.

>>14645963
>BSV mining fees are fucking outrageous rn
Tf you talking about?

>>14646694
Even if it was, do these blocklets really believe one dapp is SV's final form?

>>14645481
good luck with that

that's just what you need
less volume, TXs and more blocksize

OHH!

>>14647619
lowkey about to pump

>>14645839
how can you chart an asset that has been tradeable for less than a year

20 something wannabee traders just leave PLEASE

>>14647619
It also went above BTC in March, and not a damn fucking thing happend to the price. Totally flatlining back then. BSV is a joke. It's just a fucking altcoin highrolling for a while. Won't make you a fraction as much money as some low cap quality alts.

>>14647756
you haven't figured it out yet. go take a look at rvn/usd and the see the same bullish chart AGAIN, that started a bit earlier

>>14645367
I can't wait for Craig to lose his court case and watch BSV crumble.

>>14647972
Name me some quality alts, pajeet

>>14648042
Brapper and don’t call pajeet. My name is burger.

>>14648042
M O N E R O

>>14648028
Creg wants to lose, that makes him look more satoj, then bsv moon

Whats the point of storing music and shit on a blockchain? Eventually it will converge down to a single node that can afford to host the chain, which is no different than a centralized source like YouTube. Its completely fucking pointless

>>14647619
It's habbening!

>>14648066
Those tits should be illegal.

>>14648066
I watched this today actually. I just want to see them goddammit. Also what's with the monero shilling? Is it just the privacy thing?

>>14648080
Hey hey hey, I noticed you don't truly appreciate the idea of immutable media storage on the blockchain...

>>14648080
No it won't. Google has rights to the data published on their platforms. Any miner or business handling onchain data is free to host any data on the blockchain.

>>14648237
Calvin loikes this post !
>Calvin doesn't like this post, not really. And they were all over age, all of them, even the underage Cuban Twerk team, so there

>>14648207
Apparently she uses it to buy groceries because China doesn't have paypal. I don't believe her but idc, her tits are fucking massive and I'm masturbating to her right now.

BUY MONERO
BUY MONERO
BUY MONERO
BUY MONERO

>>14648042
LIT and LIT.. And then some LIT.

>>14648237
Its not immutable if the blockchain is so bloated only a handful of giant server farms can host it. Blockchains are only as immutable as they are decentralized

>>14648668
lol craiglets think craig wouldn't remove anything that speaks ill of himself from the bsv blockchain.

>>14648668
>thinks he's running an actual node in his cuckshed

Get 5,0000 free Valsto coins using this link (invite only):

https://www.valsto.org/invite/Vbv14lfT6y

Devs are aiming for $1/coin at the start of trading.

>>14648668
WRASSBUURY SSSPY NOUDE

>>14648935
>thinks that there shouldn't be more than 1 company mining

Metanet will destroy all this useless shitcoins.

>>14649975
Gigamegs will clog your shitter

>>14649021
Was never even implied, brainlet.

>>14649992
Do our chadblocks intimidate you, blocklet?

>>14650283
>>14650299
Chads aren't faggots

>>14648668

>>14645796
Look nothing alike.

>>14645839
One of the first things a trader learns is that trading patterns doesn't work...

>>14648237
What are IPFS hashes.
Storage isn't banned but just needs to be efficient.

>>14645367
>If I rephrase every demographic of success, I win!
Your marketcap is not only going to get flipped by ChainLink, it's going to get flipped by Quant and some shitcoin we don't even know about yet.

The smallest unit of BSV is 0.00000001

If BSV is valued at $1,000,000, each transaction would cost $0.01

If BSV is valued at $100,000, each transaction would cost $0.001

BSV will probably reach heights of $100,000 because people would be okay spending 1 cent on every 10 transactions

This will create price stability, as opposed to the BTC speculation market that's such a wild rollercoaster that it gives investors spinal trauma
Anyone care to refute this?

forgive me, im not the most well versed on boomercoin. But just because the block size is bigger that doesnt mean the network handles more transaction right, what is the significance of this event?

>>14648935
>>14649004
>>14650511

No actual arguments provided. How is a gigantic blockchain spammed with video and music that converges to 1 provider any different than what we already have with YouTube? Theres no point in using a blockchain for this in the first place. Put your braincells together and actually think about it

Craig isn’t Satoshi. If he were Satoshi then why hasnt he spent from satoshi’s wallet?

>>14651881
It means that it CAN handle more transactions in a quicker manner.

For a 1gb transaction, you could have 1,000 miners do 1mb each in 10 minutes,

or have 1 miner do 1gb in 10 seconds

My times are not accurate but it gets the point across

>>14651868
An insane fee market will occur on BSV if it is to survive at all. You can literally spam the chain with video if you want, and you expect node operators to eat all the bandwidth and storage costs for 1 sat? Bsv shills are a special kind of retarded

>>14648042
Unironically telcoin

kek now look at total work and hashrate. what has more value, a large piece of land in New York City or a parcel 750 times the size in south sudan? BSV is the parcel in south sudan

>>14651972
>You can literally spam the chain with video if you want
Ya if you pay for it, that's the point

>you expect node operators to eat all the bandwidth and storage costs for 1 sat?
Under BSV there won't be a bunch of nodes operating all over the world. There will be mining farms, made in such a way to cut energy costs and increase efficiency. Normal pc's won't be able to handle gigabyte blocks. The whole point is to make BIG transactions sent FAST. Imagine watching a 2-hour movie without having to go through a third party like Netflix. Imagine watching videos without having YouTube censor it. Imagine writing a blog post and have it exist eternally

>>14651972
Oh and more importantly, imagine companies/banks not being able to move around funds to commit fraud. BSV already has the green light in Antigua and Colombia. That might seem insignificant to small minds

>>14645836
>>14646694

>>14651972
Holy shit you are stupid. Fees are calculated in sats per byte. Meaning it doesn't matter if you upload huge or small transactions, the fees are the same for the data. The more transactions there are, the more profits the miners make. The cheaper fees are, the higher incentive for people to use it to transact EVERYTHING, which increases volume dramatically.

The profit model of Bitcoin was perfected by Satoshi in 2008. Read the white paper.

>>14651972
>You can literally spam the chain with video if you want
If you're using up more space on the blockchain you have to pay more for the transaction. A simple payment might cost a tenth of a cent, but uploading a video would cost a fuck load more. Especially right now while the blocksize is still small. Two Gigabytes EOM though.

>>14652045
So basically BSV is going to recreate YouTube, Spotify, Netflix, etc, all under one roof and served up by 1 maybe 2 giant server farms? Whats the point? Its no better than what we already have with the companies I mentioned and adds the inefficiencies of blockchain instead of a standard database. And on top of that it has none of the benefits of a blockchain either because its not immutable if you only have giant farms that can collude easily. Its the dumbest possible implementation of a crypto

Friendly reminder that csw is a false dragon and this shit is going to zero.

Yeah but youtube delete files all the time. On blockchain you can hold it forever for some fee.

>>14652372
>served up by 1 maybe 2 giant server farms?
Where do people get these ideas? You faggots literally have no idea what the mining industry is or how it competes.

>>14652239

>>14651942
Why hasnt anyone?

>>14652239
>sats per byte
>Isn't related to bytesize of tx

Are you stupid?

>>14652716
Holy shit try to follow the argument brainlet. He made the flawed assertion that miners don't want to process huge files because they get paid only a small amount, which is false. The transactions fees are proportional to the size of the data you upload, so it is the uploader who pays the fees, while miners just collect them. It becomes a treasure trove of fees for the most efficient miners, creating a competitive market in mining. Raspberry pis will get BTFO like they should be. This is capitalism.

Jews utterly and eternally BTFO, the bible is now permanently stored on the BitCoin blockchain.
https://bico.media/36fdc0a3c7c3a4be6454c4ffc066b294e2896716ce83baf194d0396d95e2fda1

>>14645963
svpool.com has zero fees cocksuckah!

>>14653280
this is hilarious sv cucks truly dont undrstand what a blockchain is for and what not.

>>14652564
standoff between BTC, BCH and BSV with LINK on the floor

>>14651972
>and you expect node operators to eat all the bandwidth and storage costs
those things are really cheap for companies. imagine how much youtube goes through every day and imagine how much resources a global financial network would have.

sold this crap yest. CSW is too damn annoying.

>>14653817
imagine selling apple stocks in 2009 because steve jobs were too damn annoying

>>14648071
This is the dumbest thing I've ever read on 4chan. BSVtards are beyond delusional

>>14653858
not just annoying but soon in jail
also fun fact there are a hell of a lot more people who belive the earth is flat than how many believe sv is bitcoin.

>>14654019
Most people don't know what Bitcoin SV is or have ever heard of it, numbnuts.

>>14654031
most people know what bitcoin is tho at least those that are not cut off from civilization

>>14653280
Damn based af.

TRY TO REMOVE THAT ONE KIKES

Next up: all the evidence of your crimes, forever stored on the blockchain.

>>14654127
off: why do people think the jews got a problem with the bible? seriously it just slaves you to their own beliefs.

>>14654019
i really dont know what people expect him to go to jail for.

>>14652372
>>14652564
Mining will be big business in the future and there will be far more than 2 server farms anon, also governments would want to hire companies to build their own to protect the new financial system

>>14653657
Blockchains are for data, data can be anything

>>14654176
failed to comply with ciurt orders and flipped off the judge on the trial about him being in contempt or not

>>14646663
Yeh, you missed the comma in which you should be put to, as you are too much of a tard for this fucking world

>>14654216
so you are stupid ok
blockchains are for ordering transactions there are billions of more efficient ways to store random data
you are putting junk on a scarce resouce and think its a good idea but it actually makes it worthless in the long run

>>14654217
and this is a jailable offense..? how do you even know that he has flipped off a judge?

>>14654274
>scarce resouce

Bitcoin can scale infinitely

>>14654118
Most people don't know what Bitcoin is, especially BTC hodlers.

>>14654274
>thinks data not worth storing will be on the blockchain

You still don't get it.

Ok, so how can I test this?

How can I go about uploading say, a .zip of some of my documents? Say it’s 50mb. Where can I do this, if I wanted to use the BSV chain as a backup of my own personal files?

>>14654327
so far its true only junk that makes zero sense is stored on sv

>>14654291
well its only scarce if its decentralized and only trustless and permissionless if its decentralized

>>14654380
https://www.bitcoinfiles.org/

>>14654403
you gonna answer how you know he has flipped off a judge?

>>14654433
not literally if you think of giving the finger he just really pissed her off with his usual antics to the point where she offered to cuff him if he does it one more time.

>>14654420
Go to the BitCoin white paper and ctrl+F "decentralized"

0 results

>>14654473
its okay if you think thats a giod idea me personally wojld prefer fucking paypal to a centralized blockchain
distributed is a better word here tho for bitcoin to be trustless it needs to be well distributed which makes blockspace a scarce resource.
what sv is doing is the same sll shitcoins are doing sacrificing from the holy trinity of crypto to scale. which results in a worthles piece of shit.

>>14654450
ok yeah ive heard that too but i dont remember if i heard it somewhere reliable or if it was just some anon here on /biz/ who said that

>>14645367
Aaaallll that weather data. LOL@U

>>14654528
If a blockchain can give me data storage/streaming/programs cheaper than a competitor then i'd prefer that. If it's profitable to process fees businesses will develop around that and if one is doing it and making lots of money someone else will come in and take some of their pie. Capitalism comrade, don't like it? Stiff

>>14654812
>If a blockchain can give me data storage/streaming/programs cheaper than a competitor
It can't by definition. Blockchain is and will always be more expensive to use compared to cloud storage. Slower too.

>>14654812
you dont get it you can have all that without blockchain much cheaper. what blockchain gives you is transactions ordered in a trustless permissionless and secure manner. thats crypto. thats the primary usecase. you sacrifice feom any of the 3 it becomes increasingly worthless. i would argue sv has 0 out of 3 right now and its about to get worse.

>>14652094
>BSV already has the green light in Antigua and Colombia
lel - 2 cases of rum and an underage hooker later
>>14654276
he didn't 'flip off a Judge' - he 'flipped off' them both Basically, any Judges he ever comes into contact with, are going to find him a complete arsehole, and look for some opportunity to jail him. Funny that, isn't it. Contempt is also an offense you can be sentenced to jail for, yes. And few know this fact to be truer than creg - guess he just cant stop being a dick, eh ?

>>14655158
meh i wasn't there, maybe he was rude to a judge maybe it's just people making stuff up.

>>14653280
The absolute state of sv retards ,not only do you cause incredible blocksizes with this shit but pedos can now save cp and get the entire blockchain destroyed.

SV cucks are fucking retarded , now literally pedo bears can't short that shit to death.

BITCH I GOT THAT BSV!!!!!

>>14656425
block bytes aren't stored in sequence on disk so you don't even know you have porn in your blocks unless you actively seek it out

the reason its like that is because in early bitcoin days people uploaded viruses in transactions and the miners' anti-virus programs detect them and start deleting parts of the chain

>>14645811
What makes it a big deal? Explain for brainlet

>>14647972
Just like every other TA chart, look at the higher lows, March was a different story altogether. These steady rises are gonna stay rising above BTC network for some time.

>>14654450
its a guy, the judge is a man. judge reinhardt

also close to 100% in this thread have not read through the transcript WHY he throw that doc in the air and got angry:
in a nutshell, the plaintiff tried to show with a modified document that craig manipulated it. Craig got pissed cause it was a very stupid argument and not even evidence. They tried to frame him with total bullshit thats shouldn't even been allowed into evidence. Craig did well, i read through the transcript. There's a big fat nothing burger. The technical incompetence of the plaintiff is below Win95 first time user, its laughable.

>>14645367
try doing a transaction with this pos coin. It would be faster to walk to the other person with physical cash. Its fucking slooooooowwwwwwwwwww

>>14656589
>block bytes aren't stored in sequence
Actually wrong. No such changes to the protocol have been made.

>>14656857
>its a guy, the judge is a man. judge reinhardt
There two - hes pissed them both off, her as well
>Craig did well
lmao
'I don't recognize this'
'well, you should, you fucking submitted it..'
etc. he got fucking rekt. And you know it

>>14656955
you're wrong because it's not a protocol change, it's simply how the client stores the data on disk. when a transaction or block is read the client un-scrambles the data and you don't even notice the way it is stored.

>>14656988
>no 'BSV will win'
your tagline hit retirement then ?
wise decision ;)

>>14656988
Prove it that "block bytes aren't stored in sequence". You'd literally need some encryption/obfuscation for that.

>>14657050
we are legion

>>14657070
dude it's just a matter of writing bytes out of order and reversing it when reading, no encryption needed. it's just done this way so that anti-virus programs won't trigger on data in the chain. and every client is free to not do this or do it in any other way they want to, it has nothing to do with the protocol.

>>14657050
we already won, you just don't know it yet

>>14657663

Here's why BSV has already won. In 2020 BTC, BCH and BSV all go through another block reward halving dropping the fees to 6.25 per block. The white paper states that over time the transaction fees will replace the block reward fees to keep miners incentivised to validate transactions.
There are only 2 ways to increase transaction fees, increase the number of transactions so you have lots of little fees adding up (BCH, BSV).
Or the Blockstream way which is to limit the blocksize and force users to pay higher fees to get their transaction into a block.
As BSV keeps the fees low it opens up many more use cases allowing it to gain transaction volume.
What about BCH? They refuse to allow data based transactions because they only want to focus on peer to peer transactions. The problem here is that you ignore a large number of transaction types and use cases so you'll never get the needed volume of transactions to keep the miners around.

BSV has done everything right and will secure the majority of the sha256 mining hash leaving the other networks insecure.

https://cryptoslate.com/tether-migrating-bitcoin-ethereum-blockchain/
BTC good work.