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File: 154 KB, 1328x537, 2017-12-07_15-09-04.png [View same] [iqdb] [saucenao] [google]
4848663 No.4848663 [Reply] [Original]

It's finally over. LN launched fully functional and is 150% decentralized, 0.001 cents per transaction and Gaben apologized and sucked blockstream's dick.

All BTC users instantly activated segwit and set up their lightning network channels at 0 cost to at least 15 other nodes each to ensure it is decentralized. All BTC users also committed at least 100k BTC to their own lightning network contract so that they aren't limiting the size of transactions that can go through them.

Everybody is happy now that bitcoin is finally fast, low fee and completely decentralized and secure against government intervention.

We really did it. We saved bitcoin. Remember to spit on Bcash grave.

>> No.4848672

Sorry I meant 1500 other nodes.

>> No.4848686

I WANT KIKESTREAM TO DIEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.4848785

>>4848663
LN isnt real btc though. Its like literal fiat.

>> No.4848833

>>4848663
>150% decentralized

Stopped reading right there.

>> No.4848834
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4848834

>>4848663
Heh, Nothing Personal Kid

>> No.4848864
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4848864

>> No.4848898
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4848898

ITT: BCASH AND ALTCOIN HOLDERS COPING

>> No.4848924

>>4848663
Forgot this: >>>4847510
It's working, isn't it??

>> No.4848947
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4848947

>>4848864
Literally the future, nay, THE PRESENT of crypto right there. What a utopia. Thanks blockstream.

I'm going to name my first daughter Blockstream.

>> No.4849311
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4849311

btc goes to 21k before any sort of correction.

>> No.4849339

>>4848663
Holy shit, this kills the ETH

>> No.4849386

>>4848785
Ln is the real bitcoin deluded cashie

>> No.4849424

>>4849339
The Raiden network launched Monday and will probably be ready before the LN

>> No.4849528
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4849528

your super fast super cheap huuuge block ASICBOOST coin that nobody uses is now worth 0.08 of the real Bitcoin, let that sink in

>> No.4849588

>>4849528
How does it feel when the only argument in favor of your coin is "I think more people are going to buy it in the future at higher prices"?

Why didn't you just invest early in bitconnect instead? You'd have had more pyramid gains by now.

>> No.4849655

>>4849424
Competition is good, Bitcoin exists because of competition. ETH is kinda going to the shitter right now tho

>> No.4849659

>>4849588
Roger ver bomb man Roger ver scam boy. Roger ver Roger ver

>> No.4849684
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4849684

Hashrate gone??

>> No.4849736

>>4849684
BTC has been consistently more profitable over the last 24 hours, that's why.

The amazing thing is that the current congestion of the BTC is happening when almost every miner is on BTC. Imagine if just 20% of miners were on BCH (which has happened many times int he past).

BTC is fucked and LN won't save it.

>> No.4849800

>>4849736
>Imagine if just 20% of miners were on BCH (which has happened many times int he past).
>BTC is fucked and LN won't save it.
True.
Reminder to everyone in the thread that over 75% of combined hashrate is controlled by BCH supporters, the only big supporter of BTC being Slushpool.

Reminder that the only reason BTC still exists is because they haven't decided to kill it yet.

>> No.4849851

>>4849736
>>4849800
Bitcoin cash is going nowhere, it failed.

>> No.4850109

>>4849800
They accumulating BCH?

>> No.4850126

>>4849851
This it's getting delisted soon too

>> No.4850193

Are there any release estimates for the Lightning Network?

>> No.4850277

>>4850193
Roger ver

>> No.4850304
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4850304

>>4848947

>> No.4850421

>>4850304
roger ver and jihan

>> No.4850461

>>4850193
No but it wouldn't even matter if there was.

The release of the LN won't make any discernible difference BTC's congestion issues in the short term. It's entirely dependent on merchants and exchanges adopting it.

All LN actually does is try to discourage people from making on chain transactions. It doesn't stop them from making them, and the network will be just as slow if they continue to be used. It's not unreasonable to think that if BTC continues to grow, we'll see more on chain transactions even with the availability of the LN.

LN fixes NOTHING. It's a separate payment system built on top to limit the average user's interaction with the original payment system described in the whitepaper.