/biz/ - Business & Finance

>what is a P&D?

BitcoinScamsh.

Idk but I'm down 4 ether in it.

>>7074851
Wait for bitcoin to move up

Bitmain only accepts it as payment.
That should tell you something about the bullish outlook here.

>>7075331
Because of this post above.
Rumors that the people in Bitconnect are involved with Bitcoin Cash.

There's nothing to talk about.
You know those bug/flying early shitmons in Pokemon? If BTC is Butterfree, BCC is Mothim. It's just a straight up inferior knockoff of the OG but still shit first mover.

>>7075391

>jihan wus company only accepts jihan wus coin

can't wait until this shitcoin becomes the first delisted from cuckbase

>>7074851
bootleg bitcoin

>>7074851
check the transaction volume, this shitcoin is dead

>>7075392

More evidence coming out daily that it is the real bitcoin and segwit is the one that forked. This is the groundwork for segwit to take ownership of the name Segwit Coin instead of misleading new buyers with the name Bitcoin

>>7075519
They could just as easily accept BTC (Segwit Cion), SIA or LTC, as they also sell miners for those currencies. There's no low fee argument there. They are accumulating and willing to hold BCH over all others.

>>7074851

Literally everyone is talking about bzc now faggot

>>7074851
THis is an alt cin nobody cares about. The fact that it has the bitcoin name attached to it is an insult to bitcoin.

Because 4chan doesn’t want you to know Bitcoin cash is Bitcoin

Core is a fork of Bitcoin, all exchanges should rename it respectively!

>>7075392
Hi CNN.

>>7076344
But people are saying that the people that promoted Bitconnect are now promoting Bitcoin Cash.
Bitcoin Cash is Bitconnect 2.0 so it seems.
Any evidence of this rumor?

>>7076976
The same people are also promoting ETH you dumb nigger, because all they do is add their ponzi to other coins. How fucking retarded are you?

>>7074851

Rodger Ver smirkingly laughed while telling people mt gox was viable and read a script the whole time. Anyone who trusts this guy or any project that is dumb enough to let him be their public face is going to be poor sooner or later.

>>7076976
Uh, I have evidence that you're fucking retarded. It's this post you just made. Although I don't expect you to understand why since you already demonstrated your cognitive capacity.

>>7077518
My dad works at Bitcoin too.

>>7074851

the calm before the storm... get ready to see some new ath

>>7075546
Bitcoin is the bootleg. Bcash is the closest thing to bitcoin before in. Bitcoin just kept the name and the original program had to add cash to it.

>>7074851

if ure smart, you'll know why

>>7074851
Looks familiar. Was it a movie or soemthing?

>>7077816
Don't you know you're only suppose to buy coins when there are 3-5 threads on /biz/ "GET IN HERE FAGGOTS WE ARE MOONING".

>>7077865

>implying I didnt buy those coins before I started shilling on /biz/

Sold mine during one of the pumps but it's the real bitcoin

LN will fail, maybe at the start, maybe after 1-2 years. BCH will do well

>>7077746
shut up faggot
dont tell the core cucks, let them suffer.

>>7074851
Most useless coin ever.

>>7078039

lol

on a second thought, I need to buy more asap

>>7074851

What is there to talk about? It's a scam fork of Bitcoin. And Bitcoin is technologically inferior to many new coins.

Why is no one talking about Bitcoin Gold? Or Bitcoin Diamond?

>>7076976
>same ticker
>related

>>7074851
>Whats up with this ? No one talks about it anymore.

The CEO fucked up

>>7077685
Mine doesn’t Ver. If you had any sense of libertarian morality you would have realized after that that your time in the spotlight among fact based investors was over and that no one with a brain will ever trust you. Brash plays an important role as going back in time to an old way of doing things is always an important option to have as it reduces trust but among those in the know it’s over for you. Anyone involved with you has your stink on them.

>>7078604
Do you actually think you're talking to Ver rn? Well this is an abstract feel. Anyway, how is Core superior to Cash?

>>7078673
Verr is a lying cuck (see https://www.youtube.com/watch?v=UP1YsMlrfF0))

Craig Wright is a scammer pretending to be Satoshi, even Vitalik called him out on it.

Fuck the cash team, I've been in bitcoin since 2012 and will never support them.

>>7078954
>meanwhile no technological discussion just character assassination

You probably sperg out over Fluffypony too.

>>7079130
>muh technological discussion
Increasing the block size is the dumb, brute-force solution to scaling. It's not centralized because soon enough, block sizes will grow 256MB/10 minutes and your average person won't be able to run a node without having data-center caliber hardware.

If I wanted massive block sizes I would just use doge

>>7079309
then use doge retard

>>7075449
had to look this up

>>7079309
Non-mining nodes don't do anything to validate or secure the network. LN/payment channels already exist on both BTC and BCH, its level 3 that is the meme and people are legitimately losing money using it as its not even close to stable. The Lightning Devs themselves are telling people not to use it.

https://www.coindesk.com/bitcoins-lightning-network-problem-people-already-using/

To scale to Visa would require miners to invest about $2000-5000 a year into HDDs at current prices. This is a drop in the bucket for mining operations, even now. Now when you consider we are nowhere near those levels of adoption and the fact that hardware costs will have lowered substantially by the time we have (even if they don't) we're good.

>>7074851
Scam just like bitconnect

>>7079309
its called elegance.

Know how to spot a mouthbreather over the internet?

>muh 1mb block
ONE FUCKING MEGABYTE.

EVERY 10 MINUTES.

ITS CURRENT YEAR FFS. I DL 10 MB PER SECOND on a shitty consumer-grade connection in the fucking boonies.

>>7079648

>>7079664
That LN custom hardware ain't selling itself senpai.

>>7075331
>bitcoin crash

>>7079309
Finally someone with a brain. I think we need to reduce the blocksize so people in africa can run rasberry pi nodes. This will also encourage people to use lightning network, why have any on chain transactions at all

>>7080145
Implying people in Africa will be able to afford Lightning Service Providers.
Implying non-mining full nodes are not just waste of electricity even if you gave them the raspberries for free.

It's the superior coin, honestly. Bitcoin ABC and Unlimited are working on some pretty cool scaling proposals and the "Scaling Bitcoin" project is pumping out some great research too.

They're also looking at incorporating privacy and limited programming functionality through new opcodes, although nothing to the extent of Ethereum.

It also enrages bcucks because it directly blows their bullshit arguments out of the water. Everything from "hurr durr its a scam lol" to "big blocks dont work retard, you can't run (useless) full nodes" is gone.

The only coins I like better are Eth and Monero. XMR is, to be honest, much better as actual money. Ethereum is much better as a dapp platform.

However if it is between just bcore and bcash. bcash is superior, hands down.

There is also poetic justice in seeing Bitcoin Core fail. The amount of trolling, shilling, blatant lies, money spent on twitter trolls, and outright attempts at power grabbing are disgusting. This doesn't even count the shit that is ancient history now, of Bitcoin XT and Unlimited nodes getting attacked and DDoS'ed and forced offline to manufacture bullshit "consensus" against a block size increase. Or of the freaks that make up Core now actively forcing out through political manipulation the original group of people who made Bitcoin what it is.

The best thing that could happen to crypto in 2018 would be for Bitcoin core to die, and it's marketcap bled into ETH, BCH, XMR, and other legit coins. It would prove without a doubt that you have to play honest and above all, with the interests of your users in mind, to succeed here.

>>7081151
plus we'll get to watch McAfee suck his dick

>>7081206
ten bucks says he cuts it off before then

>>7081206
I don't think McAfee is against Cash, but should still eat his dick anyway.

>>7081306
no way dude. he literally lives for sex. im pretty sure he autofellates fairly often. He eats other people's shit FFS. Drugs are bad mmkay?

>>7075961
Youre stupid.
>had bitcoins in my bitcoin wallet a year ago.
>august comes, BCH forks
>I still have access to me BITCOINS on my original bitcoin wallet but not my BCH
>dowload BCH wallet to have access to my BCH

Now tell me Mr. sock puppet, how is the real bitcoin not in my original bitcoin wallet but the "forked" bitcoin is? Why did I have to download a shitcoin wallet to get my "real" bitcoins while my "fake" bicoins were already on my BITCOIN wallet?? BTC master race Bcash = bitcoin crash

>>7079351
TFW doge has more daily transactions than Bcash lolololol

>>7081705

>>7081586

>>7081586
Consensus and blind trust in Core (with Blockstream actually leading development). Back in August I was all about Segwit, we all were. Anything to alleviate congestion and I wasn't as well informed on the issue back then.

There is a lot to learn from this event.

>>7081880
>>7081910
Fuck off Pajeets

>>7081880
>>7081910
Geez, I wonder why Jihan's only non-chinese mining farm is in Tel Aviv. Geez, I wonder.....
Retarded Pajeets go poo yourselves

>>7081705
ded

>>7081880

How stupid are you? They thought ppl were stupid and no one would notice the lies.

https://twitter.com/nerdgirlnv/status/957982195787771910

*the lies were updated*

Id trust BCH if Roger wasnt behind it. I had blind faith in him in 2013 with MtGox and got fucked over, From that day on, whatever he supports, I support the exact opposite

>>7082030
>>7082061
LN/payment channels have always existed. These aren't arguments that against BCH.

>>7082099
>These aren't arguments that against BCH.
ummm sweetie I thought Core was taken over by the Bildderberg so they could use the LN to destroy Bitcoin? Changed your narrative already? lmao so fucking pathetic

>>7082150
No, you don't understand the difference between LN and what Blockstream is purposing. Payment channels have always been there. Both are available on BCH and BTC. What you are thinking of is lvl3. Which is already live on BTC Mainnet despite it not being safe or stable in any sense of the word. This is coming from the Lightning Devs themselves.

>>7082252
>muh blockstream conspiracy theory
you do know out of the 100 people on the dev team only 2 of them work for blockstream?

>>7082292
https://twitter.com/starkness/status/953434418948927488

Go ahead then, but don't say nobody warned you. Its already live and development will continue on Mainnet despite it being completely unsafe. The Devs can't even get it semi stable on Testnet.

https://lnmainnet.gaben.win/

>>7082426
>The Devs can't even get it semi stable on Testnet.
Its called a testnet for a reason.

>>7082467
What part of its already been deployed on Mainnet and people are already losing money don't you understand?

>>7082467
sockpuppet hehe

>>7082252
>when you spend this much time on r*ddit and you become retarded
You fucking retard, LN is the protocol to enable payment channels, it's the same thing. This bullshit reminds me of cashcucks ranting against Segwit and then trying to find all the excuses in the world to accept a copycat and inferior version as perfectly acceptable because the cashcuck developers can only copy shit and don't know what the fuck they're doing.

>>7082426
>buuuuh why is this revolutionary, innovative and disruptive technology not already available to me while I slander the ones doing it and claim they are the devil incarnate and I do all I can to sabotage them buuuh uuuh
Imagine being this much of a retarded shill

Whales are slowly accumulating it. Why do you think it hasn't mooned yet? Because whales want it, and want it cheap. BUT ITS A SHIT COIN -Why hasn't it crashed to zero? Because it isn't as much as a shitcoin as all the normies want you to think.

>>7082580
Segwit allows for cross channels by removing the digital signature from transactions. Congrats on seeing this as a feature not a flaw. Seriously.

Despite Segwit's stated goals, it doesn't even fucking work. The Devs themselves are saying this!

>>7075961
>>7076344
>>7076588
>>7077746
>>7078019
>>7078039
>>7080955
This, now stop making threads about it.

>>7082490
>devs tell people not to do something
>they spring up nodes and test shit anyway
>oh no my lost btc

>Tfw panic bought as soon as I noticed it on GDAX at $3900 thinking it was going to take off

>>7082690
>by removing the digital signature from transactions
nope
>Despite Segwit's stated goals, it doesn't even fucking work. The Devs themselves are saying this!
nobody is retarded enough to fall for your lies anymore anon. Even noobs have learned you are 100% full of shit. I am sorry for your bags....actually no I am not, if you were retarded enough to buy BCH you deserve to stay forever poor

>>7082082
Which one is closer to the original bitcoin client, bitcoin core or bitcoin cash?

>>7083022
>>by removing the digital signature from transactions
nope

http://lmgtfy.com/?q=how+does+segwit+work

https://twitter.com/starkness/status/953434418948927488

kys faggot

>>7081880
Holy fuck you bag holders are actually this delusional
Bcash is a separate chain to core
Deal with it

>>7082704
/biz/ is the mine canary, you know it's going to moon if it's not being talked about here.

Low IQ brainlet here. So i know that BCH has larger block sizes and thus lower fees. So what are the downsides to having larger blocks? If there isnt any downsides why wouldn't bitcoin adopt them?

It's like every other shitcoin. It gets praised in the pump, fudded at the drop, and quiet for the reaccumulation.

Were you expecting something special?

>>7083217
The argument against larger blocksizes is it'll cause more centralization. It's been refuted numerous times. The only nodes that actually have any effect on the network are mining nodes, as hashpower is required to validate transactions.

Core will not implement because Blockstream's business model is to sell side chain solutions. Also they can't do it now because A) requires consensus, which they won't get and B) increasing blocks now would prove that BCH was right.

There is also no going back to Core even if they do increase blocks because of Segwit.

We're just waiting patiently. April 2018. It is known

>>7079351
OK. Actually, I'm already doing that.

It was a scam to create a fork, anchor the value with futures, pump the price, and dump for a larger % of bcore.

This only does something when the bcash whales are confident that taking another piece of bcore won't actually kill it.

>>7083292
So by that logic wouldn't BCH overtake BTC unless BTC somehow fixed all it's problems without increasing the blocksize?

>>7083393
Markets don't adjust that quickly and many people are ill informed. This will be a battle that probably goes on into the next year.

There is no fixing BTC because of Segwit. Segwit transactions cannot be removed from the blockchain, its there forever.

>>7083088
Which one is closer to the original MSDOS? Windows 98 or windows 7?
Now which one is better?

Also your question is stupid, now ill ask you, which one is on he original chain???? THE ANSWER LIES IN THE GREENTEXT RETARD
>>7081586 here

>>7083491
>Markets don't adjust that quickly and many people are ill informed.
Considering normies prob dont even know that BCH exists i totally agree.

The BCH shills are killing the cryptocurrencies with all these bitcoin FUD.
Stop.

>>7083217
BCH has lower fees because it processes less transactions than Dogecoin. Don't get fooled by Roger's scamcoin cash

>>7083605
Wait for BCH vending machines in Japan.

Holy fuck its real

http://www.newsbtc.com/2018/01/30/nist-bitcoin-cash-original-bitcoin-chain/

>>7083630
good to see someone else with a brain on here. I also think it's time we reduced the btc blocksize to improve it's store of value properties

>>7083630
By the time crypto is big enough to need more than 32mb blocks 500mb ones will be peanuts in storage or network cost.

>>7083744
Self. Check because we all know deep down its true. I would be pissed if I sold true bitcoin at $300 too corecucks.

"The National Institute of Standards and Technology has released a paper which claims that Bitcoin Cash is the original Bitcoin chain. The provocative statement was published in a larger document about blockchain technology entitled “NISTIR 8202 – Blockchain Technology Overview”. It was penned by NIST’s Dylan Yaga and Peter Mell with assistance from G2’s Nik Roby and Scarfone’s Karen Scarfone."

So this is the power of being listed on Coinbase

>>7079357
Pokémon fags are going to be insufferable in their nursing homes. Nurse assistants are going to think they are insane.

>>7083944

deluded corecuck don't wanna accept the reality

>>7084228
Nursering homes will be automated by then

>>7077533
who is she?

also
WAR IS PEACE
FREEDOM IS SLAVERY
BITCOIN CASH IS BITCOIN

>>7084308
What are you talking about? Literally the opposite of what you said. I'm half XLM, half BCH. Plus I got dub 4's twice nigger. Fuck you.