/biz/ - Business & Finance

Wrong Bitcoin, anon

>>24969983
kinda wrong bitcoin indeed

>>24969983
>50 American Dollars
>all in

>>24969983
shut the fuck up faggot

how is the covid situation in india?

>>24969996
>>24970010
>>24970058

Bought 300.

Wanted to invest in the network I can actually use for something other than hoping that someone buys my Coin in an exchange from me for more than I paid.

>>24970195
Oh nice! What are you personally going to use the network for?

>>24970332
Timestamping all kinds of information.

>>24970195
>Wanted to invest in the network I can actually use for something other than hoping that someone buys my Coin
>When moon?
yeah bullshit

>>24969983
Fuck you Craig

>>24970367
never understood the point in that. many people think that bitcoin is a timstamping service but it ain't. it's actually ordering transactions by maintaining a ledger it can't do anything with non ledger data... can't validate it can't really order it either.

it's all so tiresome.

>>24970367

how does this thing even maintain its market cap?

>>24969983
OH SHIT
YOU
BOUGHT THE WRONG ONE
NOT SV
JUST BITCOIN
PAJEET GO BACK HURRRY

>>24969983
buy nucypher if you want to make real money.

>>24970421
No, you can timestamp information. All kinds of, litteraly for fractions of a cent.

You could potentially do this with BTC too but why would you if the transaction costs are in dollars instead if fractions of a penny and only 7 people could each timestamp one information per second at the same time?

What happened to all the Craigfags on this board btw? Are they all feeling a bit silly now and just don't want to admit it or have they offed themselves?

>>24970503
>No, you can timestamp information.
no you can't or you don't know what that means.
you coudln't even order transactions without the ledger. and you absolutely can't order them intra block time.

>>24970515
only the most retarded are left apparently

>>24970548
No, you can timestamp all kinds of information.

You could literally time stamp this thread to prove to the second that you are an absolut retard in 6 month from now.

>>24970588
>No, you can timestamp all kinds of information.
i have no idea what good do you think that does. i mean it's bullshit but you can try. it just won't do anyone any good.

>>24970588
>You could literally time stamp this thread
warosu already does that and better. i have no clue what value you see in craigs bullshit.

>>24970602
Because you could literally timestamp hundreds and thousands of information per second and each timestamp can act as a trigger for literally anything you can imagine.
Each timestamp can also be fetched and analyzed and can be used as an external database.

>>24970666
>Because you could literally timestamp hundreds and thousands of information per second and each timestamp can act as a trigger for literally anything you can imagine.
nope it can't act as a trigger any more than 4chan posts. which are actually ordered and timestamped properly. it's even less trustworthy and even more unverified than the autistic bullshit posted here.
>Each timestamp can also be fetched and analyzed and can be used as an external database.
who would do such stupid thing and for what reason?

>>24970367

Moobs or gtfo

>>24969983
That's funny because i just went all out.

Craig isn't Satoshi, there's no tulip trust, nothing has happened in 2 years.

All day everyday

>>24970421
"timestamping" something by uploading a SHA256 hash has its use cases.

can be used to prove that you had information first, if for example someone tries to screw you over after you shared information with them. sure there are non-disclosure agreements for businesses but all that legal hassle isn't something you always want to go through if you just want to get credit for something you were intending to release for free to the world, but your partner is trying to take credit and pass off the idea as his own.

>>24971097
>has its use cases
like what?
>can be used to prove that you had information first
doesn't actually prove it.
>for example someone tries to screw you over after you shared information with them
doesn't actually prove it you had it first and not them.

>>24970984
Is this real? The guy pretending to be Satoshi kept his keys on his fucking computer? Newfags are not even this clueless?!

>>24970367
why are you timestamping on a network like 100x smaller than bitcoin? are you retarded?

>>24971135
>like what?
i just told you in the same post
>doesn't actually prove it.
yes it does.
>doesn't actually prove it you had it first and not them.
nigger you embed your name with the information, if he then can't prove he had the information earlier than that block he loses.

>>24971212
nothing wrong with keeping keys on your computer since they were inside an encrypted file container, however it is a lot wrong with not having a single backup of that container holding the key(s) to thousands of BTC

>>24969983
You did good long term. Very bad choice short term

>>24970515
It's not complex retard, it's BTC and ETH time to shine. Go masturbate with "number go up", I'm currently doing it right now so I can buy more BSV on the long term

>>24970984
Plenty has happened. You don't want to accept it because you are a sheep. You are waiting for crypto community to accept BSV Wich won't happen until the very last minute when BTC bleeds to dead.
Luckily for gambling degenerates like you and me, the market is alive thanks to centralized exchanges and the sport of Tether-printing, beacuse without that no sane person around the world wouldn't be transacting on the biggest and most expensive and inefficient shitcoin name bitcoin core (BTC).

>>24971230
Right now is a small network. But it won't be in the future.

>>24971338
Same garbage I've heard for two years now, I guess it might be a meme. "Plenty has happened. But I won't say it. Do your own research. If you can't find anything it just means you are bad at finding it, not that it totally doesn't exist."

>>24971212
Because it won't matter in the end. If anything, servers are more secure than your pathetic home office or enterprise PC.

>>24971379
Bsv is not part of the market, its another whole market by itself.
It doesn't depend on cryptic secret bullshit, nor it doesn't depend on cex and money laundering schemes.
Im not going to pretend that BSV is doing everything right , and I will let you know that it depends 100% on smart people making smart solutions that people actually want but leveraging on the power of micro and nano transactions. And you know what the rest of the market doesn't do that , they 100% depend on bullshit.

>>24971324
putting non-ledger data on a blockchain is probably the most futile and pointless exercise known to man.

it's absolutely worthless. also it doesn't prove sequence of events you putting my shit on the blockchain first doesn't prove that i didn't sent it to you first. just stop.

>>24971324
>>24971497
What fucking clueless answers. I asked if it's real, not your dumb cunt explanation of why it's not a bad idea.
Thanks for confirming it is real though. Holy shit. Faketoshi is a brainlet.

>>24971625
What if Satoshi was an AI all along and you dumb fucks were looking for a human?

Is that enough of an explanation for you?

>>24971542
good luck with that. maybe elon musk will use BSV on mars and it finally gets some value.

>>24971555
if both dev A and B claims he invented something but dev A has evidence of his claim on the blockchain then puts weight on dev A's claim. if dev B actually was the one that invented the thing but he didn't put the claim on the blockchain before sharing it with dev A then he either doesn't care about A stealing the credit or he simply failed to take the necessary steps.

honestly you're a fucking idiot if you can't even understand when i explain to you the use case as if you were a 5 year old.

>>24971625
what the fuck's your fucking problem shit face? if i could have said it's 100% real i would have, retard. i just corrected you on your clueless opinion that storing keys on your computer is somehow bad, you apparently didn't even notice they were inside an encrypted file container and if you did but still remarked on the fact that he kept them on his computer you're even dumber than i thought.

>>24971649

>>24969983
Congratulations, your are now pay off the top 0.1% of this board.

Most people here can't even tell apart bitcoin from the forks

>>24971746
and then B shows the judge a gmail account that proves he was in posession of the artifact earlier the judge will ignore your shitty blockchain and give the case to B.

worthless and pointless.

>>24971746
>honestly you're a fucking idiot if you can't even understand when i explain to you the use case as if you were a 5 year old.
it's the ""use case"" that's retarded not me btw. i have a way above average understanding of bitcoin and cryptography. i have btfoed countless sv cucks and assorted cashies over the years. you said nothing smart or interesting so far.

no information put on the bitcoin blockchain that can not be verified by the protocol (ie not ledger data) has any value whatsoever. nada. it's just garbage. fucking waste.

>>24972531
arbitrary data of any size can be verified by the network.

the block headers include the merkle root which proves the txids which are hashes of the rawtxs which include the data

>>24972891
>arbitrary data of any size can be verified by the network.
no it's just garbage like i said.

>>24972891
hey let's make a thought experiment shall we?
let's say i put a word document on the bsv chain saying that rights to my property under "Xyz road 65. bla bla" will be transferred to you if you send 1 million bsv to the following address "1Add2... whatever"... so that document is there.

you are saying it's verified but let's see what will happen if you send the money. first of all i will just deny that the transaction was made by me. i will even deny possession of the private key involved and nobody can prove it otherwise. but even if by some miracle (and this is pretty much unimaginable but let's play pretend) a court would still rule it's valid i would produce a signed document from 2 days earlier where my property rights been transferred to my wife anyhow so i couldn't have sold it in the first place.

see how fucking worthless your idiotic blockchain is?

>>24973169
if youre concerned about the oracle problem then the same solution can be implemented as chainlink or oraclize, etc.
check out @sinotrinity on twitter to see some retweets of some of what bsv is capable of on layer 0

>>24973769
your shit posted on blockchain doesn't prove:
>identity
>validity of any information
>correctness of any claim
>sequence of events
>up-to-dateness of information
>precedence of any claim
>legitimacy
>legality

also i never said chainlink (or oracles in general) is good for anything.
i said anything you put on a blockchain that is not ledger data (ie verified and enforced in correctness by the protocol) is complete utter garbage.

>>24973873
after kyc is fully compliant there will be a way to expose your identity verifiably to whomever you want to, for contract purposes or otherwise.

if satoshi said, in block 1 op return: here is my signature; you can expect me to use it later. then he used it later. that would be utter garbage? if not then we can work forward from there to debunk your logic.

>>24973993
fucking worthless

>>24973993
you know anyone signing with that key couldn1t prove that
>he is satoshi
>he made the original block
>he is in sole possession of the private key
>he actually made the signature and not just published it
>and so on and so on...

you fucking shit is garbage and utterly worthless. also stupid. but what did i expect forma fucking cashie? low iq subhumans all of them.

>>24974231
with all the BTCers crying that craig wright needs to move block 1 coins to prove hes satosh, they all need to pick a different source of proof? maybe a legal argument? kek

if an exchange can prove to the sec and irs that someone bought some bitcoin utxos, then that person can use those utxos to attest to their identity if they choose to do so.

bump in case anon wants to refute.

>>24974677
man you know exactly i'm telling the truth. what else is there to say? you can try wiggling here try moving the goalpost but it's checkmate.

nobody can prove that a person that "used" a public key is the actual owner of a private key the sole custodian of a private key or even still has custody of a private key. it's impossible to prove.

which is also why craig got away with his bullshit for so long. no court can prove shit. especially not about bitcoins that never were.

>>24970515
He ran out of funds for pajeet shills

>>24975747
there is certainly a threshold of MFA that will be compelling to a jury that you did infact agree to a contract. those MFA signatures can be in the opreturn.

>>24971212
its a(n attempted) fraud.
Like OPs pic.
tiresome, endless shitmountains of attempt-a-fraud.

>>24970984
Source

Where do you store your bsv?

>>24976967
the sauce for that was the cunts own lawyers. The fact that '1Feex' in particular remains untouched as proceeds of Mt. Gox heist appears not to have troubled the fat fraudulent one overly. Now, lesser conmen might have batted an eyelid at claiming to one this particular hot address. creg however is simply too fucking dumb to consider consequence follows action.

It's mooning now

Wrong Bitcoin anon

>>24970147
Bad. That's all you should know. It's really bad.

It's bad in mexico too.

>>24977531
Because those who know, know. The retards in this thread are too afraid to let go of their ego and see what is overwhelming and clear. Their ego maintains their only argument — “Aussie man bad.”

Smart people get it.

Everyone knows, but no one knows exactly what to do. Even Jack Dorsey knows.

>>24970195
Should have bought Bitcoin Cash instead. Stronger fundamentals.

BSV IS The Plan.

>>24969996
>>24970010
>>24970112
>>24970147
Newfags

>>24970515
Too bad you didn’t listen

>>24974677

>>24976967
Centbee. And electrum SV

>>24977710
tldr; I’m owned by CCP and mossad

>>24977833

>>24977833
Is electrum Sv safe? Also can you send or broadcasts offline tx

>>24971135
Lawweasel here, that sort of thing can be useful to prove that a company didn't violate a NDA because the information their partner gave them was already known to them ahead of time.

Used to be a thing in patent interference practice also, but interferences are going away because Obama decided to fuck the patent system to death.

But unless OP has some reason to need that functionality on a regular basis already, it's really pretty stupid to bother grabbing some BSV now just in case you ever need to do that in the future. Considering how fucking retarded OP is being in this thread, I doubt he has any real need for it.

>>24978079
Idk about offline tx. I just use it with a ledger. Have had zero issues sending / receiving.

Centbee was created by Nchain (Craig Wright)- so it’s probably as safe as anything

>>24978115
You are a stupid kike.

>>24978138
>Centbee was created by Nchain (Craig Wright)- so it’s probably as safe as anything
The very same Craig Wright claiming (via his lawyers, no less) to have lost the keys to $1b worth of BTC in 'a hack' earlier this year above? Did the famous skillz coder creg write 'Centbee' himself? All sounds legit supersafe. For realz.

>>24971338
> You did good long term. Very bad choice short term
why? I'm already 3000$ in profit

BSV from an investment point of view is absolute horse shit. Stay far away from this underperforming piece of shit.

i was at one point all in on BSV because i actually believed craigs horseshit. after more and more reseach it turns out the guy is an absolute liar and full of shit. its fairly well documented. Im just glad I got back into BTC about six months ago or I would probably kms myself. fun fact, heres just some recent red flags about this shitcoin
for example did you know that calvin, while he says BTC is worthless and he has all his money in BSV, accepts BTC as a loan for his company TAAL (which has been running huge losses this year)?
https://webfiles.thecse.com/CSE_Form_10_-_Notice_of_Proposed_Transaction_Dec_2020_Loan.pdf
did you know that they want to implement zero sat / byte transactions where miners get paid in fiat? even the BSV insiders admit this will be bad for the price
https://coingeek.com/is-bitcoin-ready-for-0-sat-byte-and-0-sat-transactions/
and thats just the latest in a loooong line of lies, bullshit, failed predictions and massive red flags
I can understand if you think big blocks are interesting, I do so myself. thats why I got into BSV in the first place. but if you still trust any word that comes out Craigs/Calvins mouth at this point you are absolutely fucking retarded and deserve to lose everything you have.

>>24979889
nobody goes back to being a brainlet after experiencing enlightenment greggles
nice try

>>24979889
>https://fullycrypto.com/calvin-ayres-2020-bsv-predictions-how-did-he-do
I'm also all in BSV. We need a pump so we can sell this shit for the real Bitcoin.

>>24980735
I sold most of my BSV stack at 20k sats or above glad I didnt listen to retards like this one
>>24980580
but Im still stuck with more and wish I had sold a bigger portion. it keeps dumping in sats and these tards celebrate because its "relatively stable" in USD. BSVers are the dumbest shitcoiners in crypto IMO

>>24980866
you're too impatient
ngmi

>>24981383
i cant wait for BTC to rek all you BSVtards desu
the less deluded ones are already starting to crack because they missed out on the run up
and its just getting started

>>24979889
>did you know that they want to implement zero sat / byte transactions where miners get paid in fiat? even the BSV insiders admit this will be bad for the price
So what's the steelman argument behind this?

>>24981446
Looked it up. I'm fine with it. Besides, it doesn't become relevant until (or rather IF) BSV ever sees massive amount of volume. So it's a catch-22.

>>24981411
the btc rug pull is inevitable

>>24981527
>Craig provided fake list of holdings
>Craig claimed he had the keys, attorneys denied it publicly
>Craig now says if Ira wins, a judge order is needed to force miners to move the coins

Hm, tell me again how inevitable it is