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/biz/ - Business & Finance


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5277546 No.5277546 [Reply] [Original]

Buying has been enabled.

NORMIES ARE PUMPING THIS. 4K NOW AND CONTINUING.

I don’t care about this BTV vs BCC/BCH war. I’m in it to make money. The only ones negative about this are the no coiners or the ones that can’t afford to buy anything.

>> No.5277581

>>5277546
BUY HIGH SELL LOW

>> No.5277584

>>5277546
coinbase still can't buy, only gdax. there's still time.

>> No.5277724

>>5277584
Coinbase is now enabled for buys. I just tried testing it out. Originally it was only GDAX. Coinbase enabled buys.

I called this earlier. They weren’t gonna enabled buys until 5 because of insider trading suspicions. The SEC was monitoring them. As soon as their employees leave the building, they have no control over them. Not to mention the abundance of normies getting out of work as well.

4.3k already

>> No.5277804

I'm making a killing moving BCH from bittrex to GDAX.

Change to eth then rinse and repeat.

>> No.5277983

BTC is finally crashing

>> No.5278102

>>5277546
any word when btc/bch trading is available?

So far this is only exciting for the US

>> No.5278346

>>5277724
still disable for me

>> No.5278376

Bitcoin to 10k by EOY!

BOTH OF THEM

>> No.5278404

Still can't buy through coinbase. In US

>> No.5278422
File: 14 KB, 256x300, trust-me-goyim.gif [View same] [iqdb] [saucenao] [google]
5278422

There is still time time to get in guys. This is just a minor pullback.

>> No.5278444
File: 2.43 MB, 3082x2212, horse plane.jpg [View same] [iqdb] [saucenao] [google]
5278444

https://www.youtube.com/watch?v=fw-Nn2Cnbp8&feature=youtu.be&t=6408

>> No.5278556

This shitcoin is unneccessarily ruining the market. Even if it flipped for BCH, you still have to wait over and hour for 6 confirmations, wtf is the point of this shit

>> No.5278636

SELL WALL @ 4100 REKT
WE MOONIN

>> No.5278672
File: 1.43 MB, 400x400, 1390946617836.gif [View same] [iqdb] [saucenao] [google]
5278672

>>5278376

>> No.5278708

>>5277546
IT fun watching it because it moves so fast
BTC is SLOW as fucking dog shit

>> No.5278720

>>5278636
IS THIS THE FLIPPENING?

OH BOY AND NORMIES AREN'T EVEN ALLOWED IN YET

>> No.5278742

>>5278720
Flipping like crazy

>> No.5278788

>>5278556
That's why you buy Ethereum while it's low.
Investing in the coin that people are using to move money off the exchange paid off for LTC

>> No.5278800

>>5277546
we're rich guys, we did it

>> No.5278846

>>5277546
there are a billion other cunts fomo buying this too you know

>> No.5278886

>>5277546

Just here to let you guys know buy supporting Bitcoin Cash you're supporting the coin (((they))) impelemented to destroy satoshis original invention because they can't control it. This is just a government controlled mission to take control of bitcoin and crypto. You're basically killing your own market by supporting BCASH.

>> No.5278921

>>5278886
fuck wall street thou

>> No.5278981

>>5278886
>tells the exact opposite of whats happening in reality
ok

>> No.5279018

>>5277546
get in on the pump faggots were going on a moon mission
https://discord.gg/srFAtER

>> No.5279042

>>5278886
in that case, why is the bitcoin core team so lazy, dilatory and reluctant to implement all the necessary changes to fix this ugly broken mess that bitcoin is?

>> No.5279128

>>5278886
|
\
|
3
|

>> No.5279167

>>5279042

They are actually not, it's the miners who are kind of holding them hostage. Thats because they're offered very lucrative political deals to do so. We're getting played by politics here, I can tell you that. Holding BTC since 2009 by the way. Around 4chan even longer.

>> No.5279220

>>5278886
lmao
>corecoin isn't owned by the banks

>> No.5279274

>>5279167
>holding BTC since 2009
why are you even here? shouldn't you be mega rich?

>> No.5279364

>>5279274

This is where I came across BTC in the first place, /b/ to be precise, I still like to come here a couple times a week and browse /biz/. And yes, I'm still picking coins and investing, small portions for good projects for idiological reasons obviously.

>> No.5279388

how can you idiots not see the charade

trade the swings as much as you want
but don't be retarded with this flippening bullshit
it's A FORKED CHINESE SCAM!!!!

the books are being autistically pumped by whales/
nothing out of the ordinary from the bcash playbook
BCASH
BCASh
BCASH

>> No.5279443

>>5278981
Bitmain doesn't want Segwit because it fixes the exploit they use in their patented AsicBoost shit. They're literally shilling BCH because they want to keep people using their hardware. Since using that exploit is more efficient, that hardware is more popular. And that hardware has a backdoor in it[0] that they can use to shutdown miner, which gives Bitmain control over the Bitcoin network.

[0] http://www.antbleed.com/

>> No.5279488

>>5279167
Mining is shit anyway. If the bitcoin core team wasn't a bunch of pretentious little faggots, they'd switch to POS already and give the chink miners a middle finger

>> No.5279493

>>5278788
that's not why ltc pumped...

>> No.5279609

USD/BCH buys have been temporarily suspended. If you were watching the order book at the time, you'd see that within 10 minutes from enabling, they were going to run out of BCH again.Huge sell walls, blanked out in seconds.

When this is enabled, BCH will go to $6K almost instantly.

They are keeping it off for lack of liquidity.

It would be higher than 6k now if they'd have left it on.

If you have BCH, put it on GDAX now and set a sell for $6-8K if you don't want to hold it. It will get filled within 24 hours.

>> No.5279624

>>5279488

I think you didn't understand what Bitcoin was all about in the first place. It was understood and conecepted as a storage of wealth, a sort of digital version of real gold. If you stored your wealth in gold would you transport it on a daily basis? Probably not. Probably not even once a year. That's what bitcoin is about. It was never intended as a payment coin or anything like that. It's a store of value which you store securely and only use and transfer if you really have to. That's where mining makes absolute sense.

>> No.5279703

anyone not american and have "view only, not available in your region" on GDAX for USD BCH?

>> No.5279720

>>5278886
That's pretty weak man, you core fucks are desperate now hey?

>> No.5279839

>>5279624
but it WAS intended as a payment coin, so STFU. besides, everybody knows that mining is an outdated judaic concept that needs to go and leave room for more just and fair means of processing transactions

>>5279703
who cares about that gay exchange, there are tons of alternatives

>> No.5279901

>>5279167
>>5278886

Literally fucking kill yourself you pathetic LARPing piece of shit. ASIC miners have much more to lose compared to GPU/CPU miners. ASICs do one thing, that's MINE BITCOIN based on the CURRENT MINING ALGORITHM. OTHER THAN THAT, ASICS DO NOTHING. MEANING THAT IF YOU FUCK UP THE NETWORK, MINERS LOSE EVERYTHING, INCENTIVIZING THEM TO KEEP THE NETWORK STRONG.


This is the most aggressive shilling technique and has been aggressively ramped up within the last few days.

They are adapting to the ways in with /pol/ articulates in attempts to act as if they are one of us. This person just blatantly lied about what is happening lmao. Bitcoin Cash is the preservation of Satoshi Nakamoto's original vision. How the fuck can someone even believe this after literally listening to Core developers say that SATOSHI WAS AN IDIOT/SELLOUT/LOSER/DIDNT KNOW WHAT HE WAS DOING.

You are a lying piece of shit and should kill yourself promptly. Hopefully BTC dying will cause that to happen, but we both know you haven't sold a single satoshi's worth of your Bitcoin Cash. Fucking faggot.

>> No.5279965

>>5278886

People that say "bcash" remind me of the same petty cunts that say "Drumpf."

That's all you got left.

>> No.5279983

>>5279624
>It was never intended as a payment coin
deluded... brainwashed by Core.

>> No.5280098
File: 4 KB, 190x224, gdax.png [View same] [iqdb] [saucenao] [google]
5280098

If you want proof of what will happen to BCH when buys are reenabled on Coinbase, look at the GDAX history between the times of 13:48 PST and 14:10 PST.

https://status.coinbase.com/

That's the window that buying was enabled, and it went to the moon almost instantly.

>> No.5280136

>>5280098
>That's the window that buying was enabled

That's the window where Roger was talking on CNBC about BCH

>> No.5280184

>>5280098
Mooon

>> No.5280209

>>5280136

USD buying was suspended at 14:10, the massive pump stopped at exactly 14:10.

They were going to run out of BCH.

>> No.5280262

You are calling me a shill while I'm just telling you my point of view. I'm almost fully out of the market anyway since I don't need any more profits or anything. I'm just following whats happening around it and as someone that went with Bitcoin from 2009 to today, keep in mind thats 18 years, I have seen a lot happen and the whole Bcash (I will continue call it that) thing
would have been laughed at back by the old community. Your probably not around long enough to know that anyway. Have fun beeing enslaved by your own cryptocurrency.

>> No.5280264

BCH buys not enabled on Coinbase at the moment, when it enables... MOOOON

>> No.5280305

>>5280262
8 years obviously, typo.

>> No.5280312

>>5279983

Seriously. This dude probably started researching bitcoin this year.

>> No.5280347

>>5280262
Really? So what you're saying is that Satoshi Nakamoto, the man who CREATED BITCOIN in 2009, who you would have DIRECTLY seen communicate with active users on bitcointalk, is an idiot, correct? You're saying that what Bitcoin Core is turning Bitcoin into, is EXACTLY what Satoshi wanted? You literally are so nervous as to me pointing out your shitty shilling tactic you can't even fucking quote me before replying as fast as possible. Kys faggot. Anyone who believes this lying piece of shit deserves to lose their immovable money.

>> No.5280389

>>5279443
that's bullshit because the "exploit" fix has nothing to do with segwit.

and if you look at it that way, all ASICs are "exploits". You should be supporting a scrypt or x11/x13 coin. Or a PoS coin. Because you are contradicting yourself.

>> No.5280406

it makes me sad that I'mm too stupid to understand or profit from any of this

>> No.5280440

>>528040

Buy BCH the second it's enabled on Coinbase. Sell tomorrow for 100% profit.

Pretty easy.

>> No.5280461

>>5280406
1. Buy bitcoin cash right the fuck now
2. Hold for a few years
3. Be rich

>> No.5280463

>>5280347
Where have I said that he is an idiot?
I think he and Hal who created the coding are geniusses, you're just portraying his vision false since cryptocurrency as a payment was never their vision. They were both 90s cypherpunks. They wanted to disrupt banks and financial institutions by establishing a digital wealth store and thus supporting real fiat cash by leaving the banks out. I have no clue how old you are but if you we're around in the early 90s you would know from what kind of mindset cypherpunks and the first digitalists in the early 2000s would come from.

>> No.5280464

Roger Ver on CNBC Fast Money December 20, 2017

https://youtu.be/L7s7-09-oms

>> No.5280475

>>5280209
they DID run out of bch, hence the "pump"

normies fomo without checking order books.
Nobody wants to sell.
Checkmate, Core

>> No.5280480

>>5278376
id be ok with this since i have equal amounts of both

>> No.5280501

>>5280347
>Satoshi Nakamoto, the man who CREATED BITCOIN in 2009, who you would have DIRECTLY seen communicate with active users on bitcointalk, is an idiot, correct?

Satoshi isn't some holy figure. He's just some guy (or a collection of guys). They don't have to have gotten everything right.

Don't see this as an endorsement of Core, but don't hold Satoshi's words as the gospel

>> No.5280502

>>5280347
implying that satoshi nakamoto didnt actually want to create bitcoin. he was looking after bcash but didnt have ver's vision to do so

>> No.5280524

>>5280463
You're literally a twitter faggot. What did you do, go onto every faggot core developers numale beta cuck profile and check for the most used buzzword to come here and tout? If Satoshi is a genius, and you are at the same time supporting Core, you're a fucking retard.

BITCOIN : A PEER TO PEER ELECTRONIC CASH SYSTEM

SUCK A FUCKING COCK RETARD.

>> No.5280541
File: 1.54 MB, 480x264, 1507688878510.gif [View same] [iqdb] [saucenao] [google]
5280541

>>5280464
>"Insider trading is a non-crime" - Roger Ver

>> No.5280543

>>5279609
its already enabled tardmonkey

>> No.5280551
File: 33 KB, 540x540, clint.eastwood.cat.jpg [View same] [iqdb] [saucenao] [google]
5280551

>>5277546
what the fuck are you talking about, мaть твoю блядь?

6:21 PM - 6:22 PM → O: 3,664.97H: 3,679.97L: 3,607.49C: 3,628.89V: 240

>> No.5280606

>>5280463
>you can do this without your currency being accepted for payments
Jesus dude, have you ever heard of "co-opting" a movement?

Did you really think that wouldn't happen to bitcoin? That's what "Core" is. you being involved from the beginning (allegedly) doesn't stop you from getting blindsided by greed. That's how they always win.

>> No.5280610

>>5280543

Check again dumb fuck.

And check the coinbase status page I linked.

Update - BCH buys & sells have been temporarily paused.
Dec 20, 14:10 PST

You'll know when it's reenabled. BCH price will be $6K-$8K.

>> No.5280643

>>5280524
>compiles an insult with every current buzzword insult
>accuses of checking for most used buzzwords
why are BCH evangelist so aggressive and insulting

>> No.5280647

>>5278886
>>5279167
>>5279364
>>5279901
>>5280262
>>5280305
>>5280347
>>5280463
>>5280524


For anyone who missed this shitty shilling attempt. The person shilling here actually INTENTIONALLY didn't quote me because they don't want people to understand why ASICs make a network more secure in comparison to shitcoins being mined with GPU and CPUs. There is a considerable stake in the health of the network when buying an ASIC miner, you have to make sure the network survives or your investment is useless. Don't let people like this lie without being reprimanded. Everything this person has said is a contradiction of previous statements, if you believe them you are either incredibly lost and need to study or you're purposely trying to kill Bitcoin.

>> No.5280653

>>5280524

Wow, you act like you're 12. Maybe you should back off the whole cryptocurrency thing a bit and learn how to discuss things properly. Yes, I already understood that you want to make it a "peer to peer electronic cash system" with BCash. But thats not what it was intended to be in the first place. Period. And nobody would have taken a lunatic like Roger Ver serious back then, even though I think he's a clever guy.

>> No.5280704

and when they enable buying again?

хyй

>> No.5280706
File: 81 KB, 1366x768, earns.png [View same] [iqdb] [saucenao] [google]
5280706

>>5280610
WOAH WHATS ALL THIS

>> No.5280743

>>5280647

>implying I'm intentionally not quoting you

>>5279901
>>5280347
>>5280524
>>5280647

Here you go, I think I forgot to quote you once. I don't get how you can behave like you do. You should grow up.

>> No.5280757

>>5280647
>He thinks PoW is the only way to successfully secure a network

Enjoy being left in the dust in a couple years

>> No.5280782

>>5279901

Thank you for putting this into words that I could not.

Underrated post

>> No.5280799

>>5280706

That's called GDAX, the exchange run by Coinbase. Trading is enabled there, but direct from USD buys on coinbase.com are not.

Check my above post to see what happened when they were enabled for 20 minutes. They didn't have enough BCH to keep the books open.

Check back when it's enabled again. You're about to see some shit.

>> No.5280814

>>5280647
If you x your either z or y
how to spot the ideologically subverted

>> No.5280823
File: 29 KB, 240x273, 1511657433074.png [View same] [iqdb] [saucenao] [google]
5280823

>>5280647
wojack bambino

>> No.5280862
File: 5 KB, 326x213, coinb.png [View same] [iqdb] [saucenao] [google]
5280862

>>5280706

>> No.5280875

>>5279624
>I think you didn't understand what Bitcoin was all about in the first place. It was understood and conecepted as a storage of wealth
I hope you don't actually believe this you deluded corelet.

"Bitcoin: A Peer-to-Peer Electronic Cash System
Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."

>> No.5280880

Anyway, if anyone has some questions about the "old days" here or any crypto related stuff, I'm still around so AMA I guess.

>> No.5280919

When will GDAX enable BTC/BCH trading?

>> No.5280948

>>5280880
GO BACK TO R/BITCOIN AND STAY THERE FAGGOT.

>> No.5280997

>>5280461
ya

>> No.5281000

>>5280948

Full caps heroes like you would have been banned in an instant back then. Go to bed, wojack bambino.

>> No.5281013

guys when is that sweet normie money piling in? im getting anxious

>> No.5281020

>>5280262
>out of the market
some of us plan to use bitcoin to buy shit irl not just buy shitcoins on exchanges
>old community
who the fuck do you think you are to claim knowing the old community. if you had a voice and you just let all this coreshit happen go fuck yoursef, if not fuck off

>> No.5281058

>>5281013


It happened for a brief and glorious moment.

They said "temporarily suspended" but I'm getting anxious too.

>> No.5281081
File: 169 KB, 400x416, 1503695721156.png [View same] [iqdb] [saucenao] [google]
5281081

>>5277546
LET ME FUCKING BUUUYY AAAAAASDGHADGHGDA

>> No.5281095

>>5281013
i do genuinely think BCH is going to replace BTC entirely. it's everything Bitcoin is but better, has the brand name, is endorsed by major players and original creators. only thing BTC has going for it anymore is the brand name, which is quickly failing as people realize it's a shitty product

BCH has already been put on the major trading sites and is clearly set for the moon. it's the next big coin, and probably will end up being the major #1 most used crypto all around as Bitcoin itself quietly fades into history

>> No.5281118

>>5281058
oh they stopped it again? why? too volatile? jesus christ. this is getting retarded

>> No.5281133

>>5281095
>and original creators

Craig isn't Satoshi

>> No.5281160

>>5281133
no, but Satoshi quietly supports BCH and recognizes that Bitcoin has reached the point where it is more of a lumbering brute than the streamlined product it is capable of being. which is why he has allowed the Bitcoin name to be attached to this product, recognizing that it is simply the real, actual "for mass use" version of Bitcoin, which was rushed out and is irreperable

>> No.5281176

>>5280706
GDAX =/= COINBASE

>> No.5281178

$4,500 in Korean exchanges

>> No.5281199

>>5279624
>this is your mind on blockstream

>> No.5281224

I dont see why they need BCH to sell, they can just make it auto purchase on the BCH/USD pairing on GDAX when someone buys on Coinbase. Sure they would have to move the price so its always on a win price for Coinbase, but it's easy enough to implement.

>> No.5281233

u guys don't really believe about this flippening shit right ? how stupid can someone be

>> No.5281239

BCH is showing signs of a serious fucking moon in the near future

>> No.5281258

>>5281118

Yeah, they had it open for about 30 minutes. Price went from 3700-4400 almost immediately and they suspended it.

Check the status here:

https://status.coinbase.com/

>> No.5281271

>>5281160
don't claim to know what mistery man does

>> No.5281288

why won't it fucking moon? it dipped hard why the fuck can't it pump equally hard?

>> No.5281286

>>5281199
hes right though. Bitcoin is an old, archaic lumbering turd of a coin and even the Chinese and Korean are starting to realize that it just isn't feasible. transfer times are a shit, and everything about it scream "inaccessible" and not a mass product.

BCH?

why do you think it was invented. "MUH NORMIES"

guess what normies are the definition of existence. without normies you are a SHIT

moon time IS coming

>> No.5281314

>>5281176
You're right, GDAX is the part that makes money, coinbase is the part that loses money

If GDAX + Coinbase = 0
Then GDAX + Coinbase -Coinbase = 0 -Coinbase
Then GDAX = -Coinbase
Therefore GDAX =/= Coinbase

>> No.5281315

>>5281224

I think that's what a USD buy on coinbase.com does. It places a market order on GDAX.

The "problem" is, they were running out of BCH and the price was skyrocketing, I guess to quickly. The sell book was on track to be empty in an hour at that pace.

>> No.5281333
File: 50 KB, 938x504, Screen Shot 2017-12-20 at 5.45.29 PM.png [View same] [iqdb] [saucenao] [google]
5281333

still not for sale

>> No.5281364

>>5281286
I'm actually in favor of BCH. Maybe you should actually read better.

>> No.5281376

>>5281224
....Yeah, that's how it works already.
So coinbase doesn't actually have any thing TO SELL, get it? Price is determined by the market, not coinbase.

>> No.5281377
File: 29 KB, 250x243, 1494469233775.jpg [View same] [iqdb] [saucenao] [google]
5281377

>>5281314
IN ENGLISH, DOC!

>> No.5281418

>>5281315
I doubt they will sell the orderbook, there is around 10,000 BCH on there.

>> No.5281422
File: 41 KB, 480x360, 1513715308332.jpg [View same] [iqdb] [saucenao] [google]
5281422

>>5281133
Satoshi literally said increase the blocksize. The "muh small blocks!" initiative was created by these cunts from Blockstream who wanna create sidechains.

>> No.5281465

>>5281376
Are you seriously asking me if I understand my own idea?

>> No.5281491

is it too late to buy? I have about 1k

>> No.5281493
File: 1.97 MB, 400x535, 1513736366760.gif [View same] [iqdb] [saucenao] [google]
5281493

>>5281377
you first!

>> No.5281497

>>5281288
Because coinbase keeps putting BCH buys on hold

>> No.5281505

>>5280389
>that's bullshit because the "exploit" fix has nothing to do with segwit.
AsicBoost does not work with Segwit. It's not an intentional fix, but that's why Bitmain doesn't want Segwit.

>and if you look at it that way, all ASICs are "exploits".
ASICs aren't the problem. It's that it's patented, which gives him control over the market for over a decade.

>You should be supporting a scrypt or x11/x13 coin.
Those also have ASICs so I'm not sure what you're on about.

>> No.5281532

>>5281465
Well at a minimum you don't understand that it's not your idea, so, yeah.

>> No.5281557

>tfw when I justed myself buying at 4.3k

>> No.5281586

>>5281532
So you cant have an idea that someone else has had?

I didn't know that.

>> No.5281601

>>5281557
>>tfw when I justed myself buying at 4.3k


It'll be back to 4k or even 5k when coinbase buys are reenabled. Don't worry.

I'm thinking maybe even 6K withing 24 hours.

>> No.5281735

>>5281601
More like all those normalfags are going to take the BCH that appeared in their account and sell it.

>> No.5281736

>>5281505
>ASICs aren't the problem. It's that it's patented, which gives him control over the market for over a decade.
Control that he earned by innovating a superior product. Don't like it? Make something better. As long as you aren't reliant on copying his ideas, you should do fine.
>Those also have ASICs so I'm not sure what you're on about.
My mistake, I'm not up to date on PoW shitcoin technology. It doesn't surprise me. There's always going to be at least 1 PoW coin, but I don't think there's much more room in the long term. I'm invested in more innovative projects that hybridize PoW, PoS and P2P systems. See my screenshot for spoilers ;)

>> No.5281793

bch is a shitcoin and if you try to invest in it for a quick profit you'll probably lose it

you're better off buying the insane dip on btc

>> No.5281830

>>5281586
When someone else is already using "your idea" because they came up with it 4 and a half years ago, no. When "your idea" is just you finally realizing how their system works, no. That's not an idea, that is a realization.

>> No.5281864
File: 5 KB, 250x166, 1354993087371s.jpg [View same] [iqdb] [saucenao] [google]
5281864

>>5281793
>buying btc

>> No.5281865

>>5281735

Wrong. Those people have been selling already on GDAX. Their coins are almost gone.

When buys were enabled, the price went from 3700-4400 almost instantly and they had to disable buys again.

If they enable buys again today, BCH will be 6K within 24 hours, mark my words.

>> No.5281875

>>5281505
>asicBoost
so core got salty cuz some guys found a way to increase efficency and they wanted to profit off it? call the freedom police quick!
>segwit
break the network into trust nodes that decide what goes on the blockchain instead of habing the freedom to have each transaction treated equaly
>last two points
core locked the comunity out of developing bitcoin and gets to be judge and jury
fud harded valued comunity member

>> No.5281888

>>5281830
Can you explain how you know that they are doing as I said?
If not, fuck off being a moron.

>> No.5281927

>>5281875
>and they wanted to profit off it?
>Miner centralization is a-okay

>> No.5281943

>>5281865
unironically this

>> No.5281954

>>5281865
I believe you, hopefully the price on binance moons with it. Just bought 650$ worth and set a sell target of .35

HERE WE GO BOYS

>> No.5282013

>>5281954
always do opposite to what /biz/ says

>> No.5282030

>>5281927
nigga do you actually believe in the ASICBoost meme? There is no evidence that it really saves that much money, it was just Greg Maxwell lying that he "reverse-engineered" the ASIC chips LUL

>> No.5282049

>>5281875
>so core got salty cuz some guys found a way to increase efficency and they wanted to profit off it? call the freedom police quick!
The problem isn't that the mining hardware is centralized (that's a problem, but less of one). It's that it's centralized and Bitmain ADDS A BACKDOOR TO THEIR HARDWARE. If the majority of the network is using their ASIC miners, then they can shut them all down with the backdoor, then bring their own ASIC miners online (because they manufacture them) and own the network.

>> No.5282113

>>5282013
They told me to buy antshares back in the day, currently up 7x from that buy. Just don't buy the obvious shill coins, like ark, dgb, bitbean and whatever memes theyre shilling these days.

>> No.5282142

>>5281081
tfw GDAX servers are so swamped right now I can't even create an account

>If this is the norm for buy/sell booms on this site i don't even know if i want an account anymore

>> No.5282204

Normies are literally going out of their ways to buy this shit. Get rekt, BZC is the only one they'll buy for fun.

>> No.5282222
File: 89 KB, 1154x324, bitbeann.png [View same] [iqdb] [saucenao] [google]
5282222

>>5282113

>> No.5282422
File: 1.10 MB, 1500x1491, 1513810786227.jpg [View same] [iqdb] [saucenao] [google]
5282422

>>5280524

>> No.5282448

>>5282142
this isn't the norm for me. Huge influx of people since thanksgiving + BCH got added. Usually I don't have these issues.

>> No.5282537

>>5282422
Oh look someone made a jpeg.

>> No.5282588

>>5282448
thanks for the input, I'm really only giving it a shot for these sweet pre-coinbase BCH buys

>> No.5282611

>>5282422
>Barred from entry to the US
But here he is just last month in LA.
https://www.youtube.com/watch?v=MQbYToRKgpM

>> No.5282637

>>5282422
didn't know the us dept of justice was the authority on who can fork btc, the only piece of this stupid pic that is actually relevant.

>> No.5282643

>>5282422
do you actually believe Roger Ver "made" BCH?

>> No.5282799

Imagine being so stupid that you think bcore is the real bitcoin. Lmfao, I'm gonna be laughing so hard in a couple of weeks.

>> No.5282905

>>5281888
THEY FUCKING TELL YOU

holy shit, you need me to spoonfeed you this, but I'm the moron?

>> No.5282955
File: 2.38 MB, 2918x2901, vercash.png [View same] [iqdb] [saucenao] [google]
5282955

>>5282422
fake news

>> No.5282969

>>5282905
Yes please, can you link to that information?

>> No.5283107

>>5282969
Yes, but I won't. Just like I wouldn't link directly to the press releases (circa july/august) from GDAX and Coinbase that implied they would support Bitcoin Cash trading if there was significant adoption by the end of the year.

I feel no need to prove facts. I get to do the right thing by informing people of the truth, I get to make money when they don't listen to me, and I get to drink their tears when I am proven right.

It's a pretty sweet gig.

>> No.5283250

>>5283107
I know about the trading being offered, I am saying about coinbase sales being automatically linked to gdax, so that coinbase doesn't have to own any coins.

It seems you don't know what I was even talking about.

>> No.5283254
File: 183 KB, 1080x1920, Screenshot_20171221-023543.png [View same] [iqdb] [saucenao] [google]
5283254

>>5282049
>chinks will be chinks
problem solved

>> No.5283262

>>5280262
>Im already rich i dont care if core makes btc an unusable shitcoin

quit larping core is finished

>> No.5283289

Who are these idiots saying they can't buy it? I can buy it fine on bittrex.

>> No.5283325

>>5283289
Retards. They're saying you can't buy it on Coinbase. You can, however, buy it on GDAX.

>> No.5283378

>>5283289

You can buy it on gdax, binance, bittrex, at least.

The price won't move until USD buys are reenabled on coinbase.com

>> No.5283465

>>5283378
>The price won't move until USD buys are reenabled on coinbase.com
Eh, I think it will move up a little from traders buying it in preperation for that.

>> No.5283470

>>5283378
would it be worth buying on coinbase once the stop is lifted? that shit should moon right?

>> No.5283498

>>5283250
You really are a brainlet, huh?

You know about the trading that is already happening? Then I guess eventually you'll figure out that I'm right about this too, when it shoves itself in your face so obviously that you can't possibly miss it. Coinbase is probably gonna have to give a painfully simplified breakdown of their operations to sate the complaints of this massive influx of simpletons such as yourself. You won't be waiting too long.

I knew the ins and outs of how Coinbase worked before I ever gave them money, over 4 years ago. What's your excuse?

I brought up the trading scenario as an EXAMPLE. If you hear something you don't understand, work on understanding it. Don't try to coerce other's into satisfying your intellectual sloth.

>> No.5283503

>>5283378
As soon as transactions are enabled on Coinbase the BCH toilet is going to get flushed. All those normalfags already have BTC and are just going to sell the BCH they got.

>> No.5283564

>>5283470
>would it be worth buying on coinbase once the stop is lifted? that shit should moon right?
Buy it somewhere else now retard. You won't be able to get in quick enough if you wait till then.

>> No.5283596

>>5283465

It did move up, 200% in the last month. That was the buyup prior to the boom.

It's been steady at $3500-3700 all day except the brief period where it was enabled on coinbase, where it shot up to 4400 within minutes.

>> No.5283610

>>5283470
rule of thumb: If it's easy, it's not worth it. The opportunity has already passed.

>> No.5283635

>>5283596
Was it cut off or?

>> No.5283660

>>5283503

I feel sorry for you if you actually believe this.

Normalfags don't have stacks of BCH in their coinbase account. The ones that did sold it on gdax already. Did you see the volume? 100K BCH in 24 hours.

You're in for a very, very rude awakening soon.

>> No.5283672

>>5283503
What BCH? Normies got in after the fork

>> No.5283686

How can I be automatically notified when coinbase re-enables BCH purchases?

>> No.5283716
File: 19 KB, 907x365, coinb2.png [View same] [iqdb] [saucenao] [google]
5283716

>>5283635

Yes, temporarily disabled. The demand was too high and the buys were eating through the sell book. Huge walls, disappeared in seconds.

>> No.5283738
File: 33 KB, 610x614, STABLE.png [View same] [iqdb] [saucenao] [google]
5283738

>>5283660
>Did you see the volume? 100K BCH in 24 hours.
Yes, it keeps getting pump and dumped.

>> No.5283764

>>5283498
So you explain how they trade by linking me details that they do trade...
I know they trade you fucking moron.
I responded originally because someone said they stopped sales of BCH as they had run out of supply. Considering they have 10k coins in the GDAX orderbook, I thought it would be intelligent to suggest they just sell from the fucking order book.
Then you interject with your 'superior intellect' with utter bullshit that has nothing to do with my original point, but you continue to defend your idiotic posting.

Please fuck off.

>> No.5283772

>>5283686
I have an alert on blockfolio for when it passes 5k so I know it's actually pumping

>> No.5283794

>>5283686

https://status.coinbase.com/

Check here. The price will move very quickly when it is.

>> No.5283798

>>5283503
but what if normies get their bcash and decide to read up about it and get informed. having learned about the utter bullshit bcore has done to bitcoin and using their normie brain they decide to bury bcore and become active members of the bitcoin comunity

>> No.5283805

>>5283738
>you can retrade the same coins in a single pump
You're a special kind of stupid, aren't ya?

>> No.5283806

>>5283686
>f5 f5 f5 f5 f5 f5 f5 f5 f5 f5 f5 f5

>> No.5283838

>>5283738

You see that huge peak in the middle of the day on the depth? That's when buys were enabled.

When buys go live again, it will go up quickly.

>> No.5283884

>>5283805
>Buy lots of volume at low price
>Normalfags FOMO
>Dump
>Normalfags panic sell
>Repeat.

>> No.5283903

>>5283798

Every normie that tests a BCH send will never go back to BTC. I'm expecting BTC/BCH to find balance at 10k, if BTC doesn't just shit the bed entirely.

We'll find out within the next 30 days.

>> No.5283923

>>5283903
If that was the case they'd just use Ethereum

>> No.5283974

>>5283923

BCH fees are cheaper than ethereum.

Don't get me wrong, BCH isn't the best thing out there, but it's a hell of a lot better than BTC.

>> No.5284046

>>5283974
LTC is cheaper and faster than both, so by that logic you should flush your scamcoins and join the silver master race.

>> No.5284047

>>5283764
>there were 10k coins in the order book when they stopped market buys
>10k coins is enough for 100k volume
>I can't even figure out how information I recieve relates to questions I ask, unless its exactly the answer I was expecting
I can't help you.

>> No.5284084

and when coinbase runs out of BCH again we are dumping right after?

>> No.5284109

>>5284084
Ssh, don't let everyone know the plan.

>> No.5284140

>>5284046
LTC might be around the same price, but it's not faster than BCH.
ethereum is fast, but its practically as expensive as core.

>> No.5284241
File: 36 KB, 600x800, 1438913540537.jpg [View same] [iqdb] [saucenao] [google]
5284241

after bcash moons from normies buying off of coinbase, what should i trade my bcash into.

I'm thinking XRP, XLM, and XMR for a long hodl

>> No.5284257

>>5284047
I was watching the GDAX site when it went live, they didn't eat into the orderbook much at all, there was 10k coins then and still there is now and they have sold almost 100k BCH.
Stop justifying your stupidity.

>> No.5284284

Dont care about the flippening or whatever, just need to know is this shit safe to scalp?, its not gonna dump like last night again is it?

>> No.5284346

>>5284284

It won't dump again once coinbase gets their shit together.

>> No.5284385

>>5284241

I'm moving all my BCH to XMR. I don't give a shit about BCH, but this a good opportunity.

BCH to 6K by tomorrow.

>> No.5284389
File: 45 KB, 1663x450, 643678.png [View same] [iqdb] [saucenao] [google]
5284389

kek

>> No.5284454
File: 35 KB, 1281x482, A_TOILET.png [View same] [iqdb] [saucenao] [google]
5284454

>>5284284
> its not gonna dump like last night again is it?
It's still dumping. Cashfags are praying that it stops when Goybase opens up again. In actuality, those poor normalfags are going to buy BCH with a fucking bank transfer and not receive it for seven goddamn days while being locked into the price and getting dumped on.

>> No.5284463

>>5283794

Ah that makes sense, late to the party poor fag here, bought three hundo this afternoon was watching it slowly fall was confused.

Want to turn a quick flip into some smaller coins, what do you rich warmed-bagel fuckers recommend I pick up once this thing moons?

>> No.5284503

>>5284463
Well since you seem to like scamcoins check out Tether.

>> No.5284534

I'm not sure what to do since I can't access BCH/USD market on GDAX. So far I've just been HODLing my BCH.

I'm planning to sell for BTC and rebuy at a lower ratio, but the normie pump after coinbase enables buys has me worried abpit where to place the buy orders.

>> No.5284544

>>5284503

I dont give a shit about gooks or whatever, I'm in it for ebuxx friendo, should have been doing this ages ago.

>> No.5284600

BCH has been the most guaranteed moon since June.

>> No.5284681

>>5284046
why do retards keep thinking this

it's only faster because it's lower volume, the tech is a literal copypasta of btc fucktard

>> No.5284704
File: 926 KB, 532x560, laugh_anime.gif [View same] [iqdb] [saucenao] [google]
5284704

>>5284681
>the tech is a literal copypasta of btc fucktard

>> No.5284724

>>5284681
>the tech is a literal copypasta of btc fucktard
BCH is even more of a copypasta of BTC than LTC is.

>> No.5284734

this is so dumb, why do I have my money in this when I could be trading real alts instead?

>> No.5284810

>>5284704
other than the mining algo and circulating supply, it is

>> No.5284824

>>5284503

So salty. Is it because BCH is up 200% this month to BTC's 100%?

You ain't seen nothing yet.

>> No.5284825
File: 1.07 MB, 294x216, badgoy!.gif [View same] [iqdb] [saucenao] [google]
5284825

>>5284734
(you) are destined to a be a sheeple goyim so that Jihan Wu can keep a coin around that is highly profitable to mine with the Antbleed vulnerability intact.

>> No.5284863

>actually buying BCH
>funding North Korea

>> No.5284874

People made millions today.
Me, I made 32%. Too bad I only had $1500 in.

>> No.5284924
File: 1.12 MB, 500x599, makesmethink.gif [View same] [iqdb] [saucenao] [google]
5284924

>>5284810
>holy shit it's off by 50 days on the exact same inflation rate and expansion curve
>we have a difficulty adjustment algorithm that pegs us to the profitability of BTC mining
Wow, it's almost as if it's been designed to perfectly mimic BTC except for replacing the vulnerability to Antbleed. If only we had a charismatic loudmouthed moron willing to shill for us 24/7 on every major news network.

>> No.5285092

i just cant fathom how coinbase cant get this shit up and running. like what the fuck are they doing? buys and sells were enabled for a whopping 15 mins today? holy fuck what a joke

>> No.5285116

>>5284874
I literally bought BCH for 10$k last week when I saw it slowly climbing up. Since I don't sell like a degenerate ADHD moron as soon as it drops 3% I already reaped 150% reward. Easiest money of my life. And the train does not stop yet.

>> No.5285119

It's dropping below 3500

Get ready for them to turn it on after they accumulate

>> No.5285173

>>5285116
Do you think gdax is going to list bitcoin gold or other forks?

>> No.5285190

>>5285119
it is barely moving however, especially on korean exchanges it sits at 4300$.

>> No.5285276

do you think it will dump after coinbase starts working again?

>> No.5285279

Why the fuck did they turn off trading. Jesus fucking christ. Reeeeeeeeeeeee

>> No.5285286

You can buy on coinbase again
get ready

>> No.5285313

>>5285190
Everything is inflated on Korean exchanges. Bitcoin is at $19,577.93 on Bithumb.

>> No.5285350

>>5285286
Still saying suspended on https://status.coinbase.com/

>> No.5285395

>>5277546

Only fools dump for a small profit. Think outside the box.

>> No.5285414
File: 5 KB, 617x147, fuark.png [View same] [iqdb] [saucenao] [google]
5285414

>>5285350
Must've just been my browser, the yellow warning wasnt there for me a second ago

I was ready for the drama, im only holding like $10 worth

>> No.5285452

>>5285395
where do you think it will head to BCH/BTC in the next 8 hours? I have to put a limit sell order.

>> No.5285471

>>5283903
>Implying they will ever get to test anything

I can hear the normies frantically on their phones with their banks asking where their money yet and why they don't have their Bitcoin Cash, then asking for the Bitcoin Cash hotline to complain, only to realize no such thing exists.

Once their bank transfers go through and they see they've been dumped on, they'll delete Coinbase from their phone and never try Bitcoin or BCash again.

>> No.5285534

>>5285452
It's going to crash hard once it falls below $3,000.

>> No.5285538

>>5282142
>>5282448

Don't worry, we've created a NEW GDAX - GDAX CASH

It's exactly the same as GDAX except there are a fraction of people using it right now, so your accounts will be created in seconds!

Dump GDAX, get GDAX CASH today!

>> No.5285599

>>5285276

It will absolutely not dump. For the short time buys were enabled today, it took off hard.

If Coinbase turned on buys right now and left it alone, they would sell out of BCH within the evening. Liquidity is the problem right now, not demand.

>> No.5285637

>>5285599
why did they turn it off?

>> No.5285656

People were buying earlier to get in on the pump and dump because of Roger being on CNBC, even if buys are turned on again it's not gonna shoot up (in fact it's dribbling down, though so is BTC).

>> No.5285716
File: 21 KB, 651x546, 1452343306927.png [View same] [iqdb] [saucenao] [google]
5285716

>>5284140
>as expensive as core
Nigga what are you smoking? Can i have some of that shit too?

>> No.5285721

>>5285637

Price was shooting up too fast. Buys were eating through the sell walls in seconds. When it debuted on GDAX last night, it bought through everything all the way up to $9500.

Today it got up to $4400 from $3700 in minutes. I guess they were worried they'd run out again.

So now they're accumulating, letting people deposit.

>> No.5285767

>>5285721
how long ago did they close it? fuck they are scum

>> No.5285770

>>5284681
Litecoin is double the speed of bitcoin at same volume.

>> No.5285819

>>5277804
Gdax doesn't do bitcoin cash for ether...

>> No.5285875

>>5285599
I disagree. Even if what you're saying is true, they've only got a short period to do it. It's almost 9:00 PM EST right now. All the boomers will be going to sleep soon. Give it five more hours for the west coast to fall asleep. Once that happens it's game over. Coinbase wont affect anything overnight because the Chinese don't give a fuck about it. Ver's memery can't reach them. They'll most likely dump to capitalize on what was already pumped in by the dumb Laowais. And them the boomers will wake up tomorrow and freak out and sell to cut their losses.

>> No.5285919

>>5285721
>So now they're accumulating, letting people deposit.
Pretty sure they just buy off GDAX to fill peoples' orders.

>> No.5285927

>>5278708
It’s up like 7k this month. That’s unprecedented in the finance world. You’re just an impatient shit

>> No.5285955

>>5285770
I guess I'm the retard then. But how so? How tf does LTC scale better?

>> No.5285974

coinbase is trading again

>> No.5285986

>>5285919

They do. You could watch it happening. The entire history was green. It was glorious. Just huge flashes of green every second until they disabled it.

>> No.5286029
File: 6 KB, 342x225, coinb4.png [View same] [iqdb] [saucenao] [google]
5286029

>>5285974

It isn't.

GDAX is trading, and has been all day. When cash buys are turned on coinbase, you will see it take off.

>> No.5286031

I'm usually a lurker but I still don't get this coin, no FUD intended but what /exactly/ does BCash do that doge, lite, feather and the other first gen altcoins do. Even Clams is "faster transactions less fees" compared to bitcoin there's gotta be something else to bitcash right?

>> No.5286102

>>5286031

It was forked from Bitcoin, so if you owned Bitcoin pre-fork, you also have Bitcoin Cash.

>> No.5286128

>>5286031
Nothing special, it's just Bitcoin working as peer to peer electronic cash.

>> No.5286206

>>5286031
Those alts you mention lack the royal blood. BCH is basically the Chad younger brother to decripit, rapidly aging, socially inept perma virgin that is BTC.

>> No.5286248

>>5286031
And it's advantages are expanded further when contrasted with BTC's upcoming roadmap of big banks running the network in a purely centralized manner.

>> No.5286263

coinbase killed the moon mission before it even began. thanks cuckbase.

>> No.5286286

Just a reminder that BCH only goes up when BTC goes down

But the good thing is that BTC is in a downtrend

>> No.5286288

when is the eth/btc flippening coming again?

>> No.5286290

>>5286102
I'll check my wallets, but uh, Clam also does the "if you owned btc you own clam" thing, it just feels like it's playing by the old rules where you can just clone bitcoin tweak a few numbers and be done and I'm amazed that can still be hyped.

>>5286128
Yeah I mean, it's good that it can be used quicker, is it really intended to kill bitcoin then? Like it's trying to be a fork that takes over what the original project had and improve it? That makes a little more sense now that I think about it.

>>5286206
>>5286248
I guess I see the idea, but then if it's "royal blood" it's trying to sell on isn't that kind of irrelevant because you're basically trying to win the whole "first company in a field wins" thing?

>> No.5286297

>>5286031
BCH pretty much just did two things: Increase the block size to a max of 8MB and remove the "Replace-by-Fee" feature. The former clears up the transaction backlog, but is a shitty solution because it wont work longterm. They'll have to keep increasing the blocksize until they get to 1 terabyte blocks every ten minutes (seriously) before they can process a similar amount of transactions as Visa. This means that only incredibly wealthy people and big businesses will be able to run full Bitcoin Cash nodes. Removing "Replace-by-Fee" also makes BCH "faster". Replace-by-Fee is what allows you to resend a transaction with a larger fee if you put a low enough fee that it will never complete. It makes things "faster" because it prevents people from double spending (unless someone controls most of the full nodes, as in the 1TB scenario) without waiting for additional confirmations. The problem is that if BCH ever gets saturated to the point that your transaction wont complete without a larger fee you will literally LOSE YOUR MONEY FOREVER in the case of that transaction because you can't resend it.

>> No.5286306
File: 50 KB, 640x360, 20.jpg [View same] [iqdb] [saucenao] [google]
5286306

>>5286206
>royal blood
>cryptocurrency
I wish I could go long cashie delusion.

>> No.5286509

>>5286297
See now that's the explanation I was looking for, thank you anon I see clearer now what they were trying to accomplish and what the risks are.

>> No.5286514

>>5286290
The people who started BCH say they do not intend for it to compete with Bitcoin. They just want peer to peer electronic cash. However pretty much everyone else sees BCH as competing with Bitcoin. I don't support the direct competition.

>> No.5286553

>>5286206
>the royal blood

So branding is all anything with Bitcoin in the name has going for it. Slightly less shit garbage is still shit

>> No.5286759

>>5286306
The royal blood meme is true though, people want "bitcoin", and BCH is a direct fork.

>>5286290
As long as it's of royal blood it still has the first mover advantage.

>>5286290
Q2 2018 but it will be a BCH / ETH flippening.

>> No.5286852

>>5285955
Litecoin is basically a bitcoin clone with double the size of the blocks. It allows double the speed.

>> No.5286926

>>5286297
>>5286297
Can confirm. Accidentally sent a zero fee, took 4 fucking days to get my BCH.

>> No.5287000

>>5286509
To make matters worse, the only way Bcash can fix the problem they'll have with huge block sizes is to implement something like the Lightning Network, which is what Bitcoin is currently doing. This means that at some point Bcash WILL be deprecated because their transactions will be slower than Lightning, and Lightning will allow Visa levels of transactions without resorting to something ridiculous like 1TB block sizes. Lightning will also allow atomic swaps, which are instant swaps between all coins that support Segwit (e.g. between BTC and LTC). And anyone can run a Lightning node, just like a Bitcoin node. What this means that as soon as Lightning is deployed, nobody will have any use for Bcash anymore. It will be pointless. And both Bitcoin and Litecoin will go to the moon because they'll be easily interchangeable without an exchange.

>> No.5287081

>>5278886
Offchain solutions (i.e. LN) and blocksize fixed at 1 MB are against Satoshi's vision.

>> No.5287115

>>5286926
You're actually lucky there. In the future people will most likely never receive those transactions and their money will just disappear into the void. This is one of the reasons I don't like Ver. Not only is he not a programmer, but he also doesn't understand the reasons Satoshi put some of these things in place. There is a reason for 1MB blocks. It's so you can't fill a huge block with garbage data and flood the network, causing mining nodes to slow down. There's a reason for Replace-by-Fee. It's so people don't lose their fucking money.

>> No.5287166

>>5287081
You should stop trying to interpret a missing/dead man's visions and instead think critically about the problem.

>> No.5287199

>>5286514
So BTC supporters are communists? There's no improvement without competition.

>> No.5287234

>>5286759
Why do people /want/ bitcoin though? Surely every altcoin that does little with the code is a fork, just a fork from earlier, before lots of whales got hold of it. If anything it's probably a point against in my opinion of it, forking in a way to keep the old rich guard in power and potentially double their money just feels like a cynical way to pander to the early bitcoin investers, even though I've been in crypto for years it feels quite unfair to double everyone's money, it fakes all the effort people took to get bitcoin where it was.

>>5287000
>>5287115
Thank you, these posts have been much more insightful than the usual FUD about this coin.

>> No.5287257

>>5286553
Yes, but this is true for Bitcoin too. BCH will work better short term, imo. I know there's the arguement presented here about the effects once blocks get too big: >>5286297, but that's only a problem when and if blocks get this big (and the hardware available at that time may make 1TB blocks peanuts).

BTC on the other doesn't really work well at all currently, so I'm hedging my bets on BCH short term, and will reevaluate as LN nears, though it does seem a rather centralized solution. If hardware keeps pace with BCH's blocks, we may never see the problems that the referenced anon pointed out.

Basically, BTC has problems TODAY, RIGHT NOW, where as BCH does not.

>> No.5287293

>>5287000
That's the ideal situation but the reality is that LN is nowhere close to being possible due to various issues and has a high risk of having to rely on centralized solutions because of those issues.

>There is a reason for 1MB blocks. It's so you can't fill a huge block with garbage data and flood the network
Wow. It's easier to flood the network in fashion with 1MB blocks.

Satoshi talked about how block size should be increased to meet demand.
>Interpret a missing man's vision
He specifically spelled it out, no need for interpretation.

>>5287199
>this car company feels like it doesn't need to compete with this truck company? They're communists lol
BTC and BCH do different things.

>> No.5287357

any chance of BCC buying enabled on coinbase tonight? or think they stop work at 5pm?

>> No.5287375

>>5287234
Every altcoin is not a fork. Just because they incorporate similar ideas does not make it a fork. A real fork is when BTC decides against something, so a some people go do the thing they decided against (in BCH's case, bigger blocks).

I don't /want/ Bitcoin though, I want reasonable tech that I can actually use to buy coffee casually like ByteBall, anonymous tech like Monero, and sensible platforms like ETH (ByteBall is also a smart contract platform, but less stress tested and battle hardened).

>> No.5287380

>>5286514
The problem is that switching between coins is a pain in the ass currently. It requires an intermediary exchange, will likely take a long time, and will also cost you money to do so in fees. So people try to focus on one coin as being the dominant coin that everyone uses, with all the others being competition. The Lightning Network will mostly solve this for SegWit coins. Bitcoin and Litecoin wont be competing with eachother anymore because you'll be able to swap them instantly with zero fees. Bcash on the other hand will still require fees for transactions and an exchange to swap coins because it's incompatible with Lightning.

>>5287234
>Why do people /want/ bitcoin though?
Marketing, mostly. Litecoin has been faster than Bitcoin for a very long time because it generates blocks every 2.5 minutes instead of every 10. That's why you get confirmations in a fraction of the time. But people still used Bitcoin because it's what they had heard of and is what is popular. There are definitely altcoins that are technically better.

>> No.5287415

>>5286852
that's silly lol. No one shits on LTC for doing this but BCH gets all the hate?

>> No.5287445

>>5287257
This is the biggest point. Why the fuck would you deliberately inhibit yourself today because your solution (which works amazingly today) might not scale out in 5-10 years? Implement the obvious fix today, then work on other solutions (like LN)

>> No.5287482

>>5287415
LTC is not a threat because Charlie Lee is a blockstream cuckold. that dude literally sold all his LTC because he's a pussy.

>> No.5287527

>>5287293
>Satoshi talked about how block size should be increased to meet demand.

Have you read the white paper? Where in the fuck does it even mention block size, let alone increasing it? The white paper is very limited in regards to implementation details you mug.

>> No.5287593

>>5287527
https://bitcointalk.org/index.php?topic=1347.msg15366#msg15366

>> No.5287628

>>5287257
>BTC on the other doesn't really work well at all currently
Some of us are angry about this because it was a coordinated effort to make Bitcoin "not work". SegWit is a viable solution. It is already implemented. But people like Ver convinced others it was bad because they wanted to fork Bitcoin and take control. The fact of the matter is, there are only about 5-6 transactions per second happening with Bitcoin currently. SegWit gives it the capacity for 11 transactions per second, so it would have room to double in size before it was limited again. In the meantime, Lightning will be released and solve the issues of transaction speed (instant transactions), privacy (transactions aren't on the blockchain and are private), cost (no transaction fees), and competition (atomic swaps between SegWit coins). SegWit is REQUIRED for this to work. And Ver is trying to prevent SegWit from happening. Coinbase STILL hasn't implemented it. They could easily. The three man team at the literally who service coinmall.com implemented SegWit in ONE DAY. It's intentional on Coinbase and any other exchange that hasn't implemented it, entirely for political purposes.

>> No.5287635

>>5287445
>the fuck would you deliberately inhibit yourself today because your solution (which works amazingly today) might not scale out in 5-10 years? Implement the obvious

Probably because we are not crybaby manlets that want to insure long term decentralization and scaling.

If people actually gave a fuck about spending crypto right now you would see full blocks on alts. You don't. Heck nobody is even using bcash shit is 90% empty. So we are going to hurt the key principle of bitcoin (decentralised) in order to allow people to pay for stuff... when they don't pay for stuff, and nobody accepts the payment method...

ib4 "but they would", they didn't before, they don't with other alts, you can shoulda coulda woulda all day, but you are doing it based on emotion.

>> No.5287643

>>5287445
>Implement the obvious fix today, then work on other solutions (like LN)

I mean I guess their answer is "muh idealogy" (since 1TB blocks would be very centralized in 2017), but still I completely agree and they fucked up pretty badly by not being pragmatic and instead idealistic imo. Especially because block size has remained unchanged since 2009, while hardware performance has accelerated according as predicted by Moore's Law (or whatever the fuck).

>> No.5287668

I appreciate all the tech talk but please give it to me straight. Will this go to 4k by tomorrow. I need to dump these fucking bags already holy shit

>> No.5287709

>>5287668
my meme lines show a triangle aka incoming bull run

>> No.5287713

>>5287668
Yes, but it will go to 100k by Christmas so just hold all your BCH; anyone who says otherwise is a disgusting corecuck and you should pay zero heed to their opinion.

>> No.5287754

>>5287593
>https://bitcointalk.org/index.php?topic=1347.msg15366#msg15366

>not white paper
>literally just says you can do it
>thinking even if you found a quote of him saying "we should do it" that the apeal to authority justifies it

>> No.5287790

>>5287482
I know it's not a threat, just hypocritical of the community.

>>5287628
>a coordinated effort to make Bitcoin "not work"
Being king is going to be competitive. It's kill or be killed, and if it can't defend itself it has every reason to die. Try spamming BCH if/when it's top dawg and see how that goes. The spamming is really a glimpse of how it will perform under higher regular load, which it should be ready for anyway if it's truly the best contestant.

There's a lot of claims in that aren't true, but I'm not even going to bother going into it as it ultimately doesn't matter, since the main concern is what I typed above.

>>5287635
Well, it should at least WORK short term, even if bigger blocks were used as a temporary crutch to keep things flowing unit LN, that'd be leagues better and BCH wouldn't be threatening BTC atm.

And people don't pay for stuff because they can't really, adoption is too low.

>> No.5287828

>>5287415
First off, the other anon is wrong. Litecoin has a blocksize limit of 1MB just like Bitcoin. It also support SegWit like Bitcoin, which ups that to 1.7MB. Litecoin does make blocks quicker though. It makes a new block every 2.5 minutes instead of every 10 minutes like Bitcoin. That's what makes it faster. But that's not why Litecoin was created. It was created around the time ASIC miners were being developed for Bitcoin. Litecoin uses scrypt instead of SHA-256. Scrypt is much more difficult to implement in an ASIC. This allowed people to still use their old mining rigs for a while, until new ASICs were developed for Litecoin. So to make a long story short, people don't shit on Litecoin because it was created to suit a purpose instead of to be disruptive. I wouldn't mind Bcash at all if SegWit didn't exist.

>> No.5287832
File: 266 KB, 869x773, fees.jpg [View same] [iqdb] [saucenao] [google]
5287832

Cashies cannot refute pic related.

>> No.5287890

>>5287790
To be fair good sir I actually agree.
I am not against a 2mb increase on bitcoin. If they came out with a 2mb increase for Jan I'd probably vote yes, if anything to kill off this BCH vs BTC toxic death.

>> No.5287901

>>5287828
do you have a discord or anywhere besides here to talk to you? You're very knowledgeable

>> No.5287942

>>5287790
>Being king is going to be competitive. It's kill or be killed, and if it can't defend itself it has every reason to die.
I'm aware. I'm also not too concerned. I fully expect the Lightning Network to be the next big step in cryptocurrency adoption and since Bcash is incompatible with it, it's going to lose there.

>> No.5287962

>>5287901
Nope. Most of the time I just shitpost on /a/.

>> No.5287989

>>5287962
mind me asking what your blockfolio looks like?

>> No.5287992

>>5287832
Just get a bigger boat, nigger. It doesn't increase centralization since the increase is so miniscule and the hardware is so much better than in 2009. Then you have none of the problems listed in the 2-3 paragraphs.

This whole screenshot is retarded. Yeah, people are competing for blockspace, so, bazgina nigger, just make bigger blocks.

>> No.5288005

>>5287754
Moving the goalposts.

For me it's simple. Bitcoin Cash fills a certain need (peer to peer electronic cash) that Bitcoin used to fill originally but doesn't anymore. I don't have a political attachment to it, I use it because it works. If Bitcoin implements a decentralized scaling solution at some point then great, I'll use whichever is better.

>> No.5288010

Market recommendations?

Sorry for the noob post, but someone on here was mentioning earlier today that there are really only 2 markets that are needed to purchase coin (not coinbase, gdax or binance)

This is a fully retarded post, but i think one of them started with a P?

I would like to purchase a few different coins below a dollar, any help is appreciated.

Thanks

>> No.5288020

>>5287832
LN transactions still need to be settled on chain. So even with LN, we will need a blocksize increase.

>> No.5288038

>>5287828
Ok, so I was right after all, beyond the "new block after every 2.5 minutes". I knew LTC was originally intended as ASIC resistant, but that changed.

>> No.5288039

>>5287942
This. If you want hard evidence of the difference between the communities, look at the hard code. The Bitcoin Core and LN Githubs have new files and commits almost every day, the cashie githubs had their last update 1-2 months ago.

>> No.5288093

can't kill the kill

gg cashies get fucked

>> No.5288131

>>5288010
Poloneix? Hard to decipher what you're trying to ask though.

CoinBase and Gemini are both FIAT off ramps (as in LocalBitcoin, LocalMonero, etc.. But those require meeting in person).

GDAX, Binance, Bittrex and Poloneix are all BTC and alt coin exchanges, but you can't pay with FIAT.

>> No.5288135

>>5288093
can't kill the king*

fuck

>> No.5288161

>>5287992
>miners supply blockspace
>people are competing for blockspace
>increase the size of the block nigger
>this doesn't fuck over the miners
Ok Roger, what happens when you want 0 fees but all 21 million Bitcoin Cash coins are mined? How are you going to pay the miners without fees and block rewards? Oh, you'll just have to hardfork, which isn't a problem at this time since BCH hardforks regularly to increase the block cap, and remove the hard cap of 21 million so that there will always be block rewards for miners, aka Jihan. And now you know why bcash will either face the exact same fee problems as BTC or will give up on being deflationary. Don't believe me, look what they did to dogecoin when fees started getting high - they removed the hard cap on how many dogecoin could ever exist and it became the most inflationary crypto in history.

>> No.5288214

>>5279965
roger is that you lmao
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

>> No.5288260

>>5279901
Lol this idiot believes richard heart is a bitcoin developer LOL

Cashiecuck verpuppet BTFO

>> No.5288267

>>5288020
I'm not opposed to blocksize increases, I'm opposed to saying "fuck the consensus hard fork now" like bcash did - if bcash didn't exist and Jihan and Roger decided to get along instead of being autistic dickheads we probably would have seen segwit2x adopted, making the blocks 2MB and implementing segwit, effectively making the blocks worth 4-8MB size and reducing fees substantially. Instead, Jihan and Roger and co. saw a divisive political wedge they could drive, capitalized on it, and now bcash parades as "satoshi's vision" when all it amounts to is a way for Jihan to ensure his antbleed vulnerability persists on a major blockchain that potentially will never cease to have block rewards, making him and his miners the new central bank of bcash.

>> No.5288335

>>5279901
guess what roger?
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

>> No.5288399

>>5288039
>hard evidence
this isn't true at all though

>> No.5288458

>>5288161

I don't like BCH but this is not a real argument since it will happen when we're all dead

>> No.5288461

>>5288161
> all 21 million Bitcoin Cash coins are mined
When is that scheduled to happen? Like 2140?
This is the problem with core, they are looking way too far into the future and not at today or tomorrow.

>> No.5288515

>>5288267


>big banky got his toy, but so did the other boys! big banky vewwy mad! its mine! its not faiw!

>> No.5288518

>>5288010
BitFlyer is very, very good. It's the only exchange that I'm aware of that support advanced trading methods like trailing stops, IFD, OCO, and IFDOCO. The downside being that it currently only supports BTC. Gemini and itBit are the only other ones I'd use when dealing with Fiat

Cryptopia is also very nice. It supports a wide range of altcoins. Same with Binance.

>> No.5288533

>>5288399
https://github.com/ACINQ/eclair
>9 hours ago
https://github.com/BitcoinUnlimited/BitcoinUnlimited
>1 month ago

How much harder evidence do you need to see the difference between smoke and mirrors and hard code? Should I start highlighting differences between OG bitcoin source code and BCH source code before you acknowledge it's a fork with no developer support?

>> No.5288581

>>5288267
Why do you think BCH's entire market cap is owned by Jihan and Rodger? There are very clear technical merits, stop falling for the BTC-core boogeymans.

Not everyone that holds BTC is a saint, believe it or not.

>> No.5288625

>>5288461
>>5288458
>all 21 million are mined in 2140 so it doesn't matter
Yeah, 99.8% or so are mined by the end of 2025. It matters TODAY because when I buy a miner TODAY I expect to keep it online for ~5 years at least, 10 years ideally, which would be 2027. Having hardforks fuck up the reward schedule and my expected earnings is not encouraging, and bcash literally gave miners the bird when it said "we'll just increase the block size if fees get high."

>> No.5288633

>>5288533
But anon, that's only one of the 5+ or so githubs for BCH.

>> No.5288639

>>5285819
sell it for dollars then buy eth you absolute brainlet

>> No.5288675
File: 58 KB, 500x500, smi2.jpg [View same] [iqdb] [saucenao] [google]
5288675

>>5288533
>BitcoinUnlimited

>> No.5288712

>>5288581
>there are clear technical merits
Like what? Name one.

>>5288633
>hurr it's one of 5
If you're accusing me of cherry picking, I did. The Bitcoin ABC github had its last update 19 days ago, not 1 month ago. If you're saying there are so many githubs and PhD software devs and people working on it - prove it. Those people have to eat, so either someone is paying them to develop on bcash or they don't exist. Cashies like to complain about Blockstream which is one of 3 lightning dev companies, where are the bcash dev companies?

>> No.5288746

>>5288675
https://github.com/Bitcoin-ABC/bitcoin-abc
My bad it was 16 days.

>> No.5288826
File: 171 KB, 374x347, 1513373615684.png [View same] [iqdb] [saucenao] [google]
5288826

>>5288131
>GDAX

>> No.5288902

>>5288712
>name one
Faster transactions and cheaper fees, duh. Also, keeping things onchain aids in keeping the network decentralized, unlike relying on Bank of Blockstream as your solution.

>1 of 5
Yes, cherry picking. Also >>5288746, as you noticed. I didn't say anything about PhDs working on it, but I'd expect there's plenty.

>my arguement is falling apart so I'll ask this anon to prove things he didn't even claim
Yeah, not really interested.

>> No.5288970

>>5288826
I know, I fucked it all up anon.

>> No.5289106

>>5288902
>Also, keeping things onchain aids in keeping the network decentralized
I don't really understand this issue because the Lightning Network is optional. Most people will use it because it has a ton of advantages (e.g. private transactions) but you don't have to if you don't want to. Because most people are using it you will still get the benefits of less congestion.

>> No.5289210

>>5289106
Perhaps it's more idealogical than anything. It's just a move in the wrong direction IMHO.

Like why the Free Software Foundation won't endorse Debian because it has a nonfree version, I won't endorse BTC because it has a centralized option. I know this doesn't matter and it's not a reasonable arguement, but crypto was always intended to be decentralized and it just rustles my freetard jimmies.

>> No.5289255

>>5289210
Do you not use cryptocurrency exchanges? Because those are far, far more centralized than Lightning. If anything, the atomic swap capability of Lightning is a push towards decentralization because you don't need to trust a central exchange with your money to perform a swap.

>> No.5289545

>>5289255
I do, but this doesn't have anything to do with the crypto technology. I'd use a decentralized exchange in a heartbeat if there was a good one available.

I draw a fine line between my idealogy and my investing too, ofc. LN is not the only way toward a decentralized exchange though, for the record. So to call a push toward decentralization for that reason is a bit of a stretch.

>> No.5289714

>>5289545
Lightning may not be the only method of decentralizing an exchange, but it also solves a lot of problems along with it. Private transactions are a big one for me. I don't like that my transactions are permanently traceable on the blockchain. So in the end, I think Lightning is the best method that has been proposed thus far. And since it's entirely optional, we can always use something else if it arises. Either way, I'd say it's a huge improvement over trusting an exchange. If you think otherwise, well, go tell that to one of the people that killed themselves over MtGox.