/biz/ - Business & Finance

>>7473165
Crypto is literally globalism in action though.

no thanks, we got this bcash autist

>>7473182
peer to peer globalism though

is the bitcoin meme over yet? i expect it to die by the end of the year

>>7473182
shut up you REEEEEEEEEEEEEEEEEEEEEEEE
to the moon REEEEEEEEEEEEEEEEEEEEEE

>>7473208
Damn that meme's sweet.

>>7473182
Wrong, crypto is politically agnostic. I mean libertarians love it, but that doesn't mean socialists can't use it.

“In the next few years, Bitcoin Cash will win [against BTC]…whether you like it or not.”

“BCH clearly is the one that more closely is in line with Satoshi’s white paper. Satoshi doesn’t […?…] Segwit. Good God, almighty. That mind couldn’t possibly imagine such a monster as Segwit. He could not. So, Jihan is correct.”

“I can tell you, it’s going to win. How can it not?

John Mcafee

>>7473182
Crypto and the Internet are globalism done correctly.
QQ some more faggot.

>>7473228
https://99bitcoins.com/obituary-stats/
good luck with that friendo

>>7473165

>>7473208
>hey how much fake Monero are the devs printing for themselves?
>CANT TELL, ITS PRIVATE!!!
Sign me down.

>>7473165
lol bcash

Now open Nick Szabo's twitter and look what he writes about btc and lightning.
Obviously he's not a cashie.

>>7473385
I love XMR, but when BCH adds extension blocks with zksnarks it'll seriously undermine XMR's utility in the market.

>>7473373
the only fork not listed: Bitcore
what did he mean by that?

>>7473411
Bcash: now you can pay for coffee more anonymousely.

>>7473411
When are they doing anything like that? I’m sold on BCH but where the fuck is a roadmap?

>>7473437
cashies so cute and cuddly, thinking everything is a conspiracy because of their reddit programming... cute.

>>7473386
lol, the virgin corecuck

>>7473395
This. Brainlets don't realize BCH is going for total domination.
https://youtu.be/8FFly8VF950

Even McAfee knows BCH cant be stopped:
https://youtu.be/2uhPnOyBHQs?t=2682
at 44:40

>>7473210
With bcash more like chink 2 chink.

>>7473456
btc: now you can do nothing more expensively

>>7473373

>>7473373
bitcoin private confirmed king

>>7473484
it's gen 1 shitcoin tech, their 4 man dev team thinks they are going to do anything and everything that every alt coin is working on by sticking it onto their shitcoin with masking tape.

>>7473484
There are several roadmaps because unlike bcore, BCHs development isnt centralized.
The next hardfork is coming to BCCH in may and will reactivate the old OPcodes and raise blocks to 32mb among other things.

They are laying the groundwork for smart contracts and extensionblocks with that.

>>7473208
It will turn as useless as BTC now that Greg is on it

>>7473411
BCH is going to take the entire market by storm SOON

Morning and lambos.
Fuck all you cucks.
I’ll buy your mother’s.

>>7473586
its going to be glorious

>>7473641
It already is.

>>7473165
Yeah I love Roger Ver. When someone disagrees with him I just know they are a paid jewish globalist, no one would actually support the most popular most well known cryptocurrency. People will see that the bitcoin cash solution to scaling was right in the year 2024 when the 8mb blocksize is actually being utilized.

>>7473456
>buys coffee with Core
>after paying for the coffee and the $30 transaction fee the Taco Bell nigger behind the counter follows your transaction on the blockchain
>sees your net worth
>shoots your dog
>rapes your wife and kills her son
>forces you to give him his private key

Yeah, privacy is for suckers!

>>7473484
The only thing I can confirm is Cash Shuffle which already exists. I don't think BCH will be getting extension blocks this year. I could be wrong.

https://btcmanager.com/bitcoin-cash-abc-bu-announce-roadmap-2018/

>>7473373
There's a reason everyone wants to fork Bitcoin and not any of your shitcoins.

>>7473586
do you think shilling this delusional garbage is going to have any effect? bcash is literally one of the biggest shitcoins on the market right now. SHIT TIER COIN. you shillers are going to burn normies who fall for this faggotry

>>7473741
>Can actually function as a currency
>Shitcoin
Hmmm

>>7473547
you: im a nigger that can't afford transactions so I have to use niggercoins

>>7473673
It sure is but imagine the tears when we reach parity and they try to shill but realize they stopped using actual arguments months ago.

Mark my words /r/bitcoin will have to disable all posting (like they already do during crashes) and only allow posts from preapproved shills.

My prediction is the flip will happen as soon as its possible to do ICOs using token based on BCH

>>7473702
>in hopes that associating with the Bitcoin name will give their project credibility (e.g. Bitcoin +, Bitcoin Cash, Bitcoin Red, Bitcoin Dark, Bitcoin Gold, Bitcoin Scrypt, Bitcoin Z, Bitcoin Diamond). All shit coins based on utter shit gen 1 technology. it's laughable.

>>7473741
And every single time not a single argument why its a shitcoin.

You corecucks simply cant refute it functions as intended in the whitepaper.

Its a race to merchant adoption, not the moon. Coincidentally, the merchants are on the moon. And so far, Bitcoin Cash has more merchant adoption than most cryptos out there. OpenBazaar now accepts Bitcoin Cash along with Bitcoin Segwit and soon Zcash. Make your choice, biz, but make it before the next BCH bull run to $7500. Big merchants are accumulating, the last 2 pumps are self evident. Fractal 3 is on its way up.

>>7473772
btc merchant adoption is shrinking bch adoption is growing
there is not a single reason to cap blocks at 1mb (non mining nodes do nothing)
segwit destroys the mining nash equilibrium incentivising the collusion of miners to change the UTXO without owners signatures. https://m.youtube.com/watch?v=VoFb3mcxluY
You can only trust jihan and roger to not be doing this right now.
why introduce segwit before a blocksize increase when lightning network requires 133mb as specified in the lightning network whitepaper
why introduce segwit at all when it is not necessary for second layer solutions
lightning network will not be decentralized because to solve the routing problem is NP hard
why would anyone want lightning network when it is not a decentralised ledger? the whole point of bitcoin is to scale on chain as that is what makes decentralised uncensorable money which can free all the people in the world from the financial repression of central banks

>>7473547
Thid is what want, yes. I'd pay for coffee with fiat/nano/lumen

>>7473797
One very key difference between Cash and those other forks is Segwit. Cash forked to avoid Segwit and increase blocks, with opt-codes, colored coins, etc coming later.

>>7473778
r/bitcoin removed text threads, now you have to post a news site if you want to create a thread. The next step will be to only allow sites that fits their narrative

>>7473797
All of those except bch have segwit

>>7473769
>thinks crypto is a binary choice
>thinks anybody here gives a fuck about Bitcoin
>thinks anybody here gives a fuck about BCash
>doesn't know that the entire cryptosphere hates you fucking assholes because you are... fucking cunty assholes - the most cancerous community in all of crypto.
mongloid escaped from reddit: confirmed

>>7473523
https://www.youtube.com/watch?v=QiK34QicusI

Lmao. Who the fuck is actually falling for this Tay Lopez tier shit.

>>7473806
It would be an alt just like ltc or monero.
You know what makes it a shitcoin.

>>7473778
The good thing about this space is that the price is more important than anything else. As soon as things flip, it is over. They can't survive if they aren't the top coin. As soon as it flips THEY ARE FUCKING DONE.
I'll shoot fireworks and pop champagne.
Been under so much stress for so many years because of these fucks.

>>7473832
Bitpay literally in Q1. They defined their own address format for BCH called bitpay-adresses.

Anybody not realizing bitpay will shill BCH hard is a delusional Bcore redditor

>>7473579
Ah, I see. Interesting about the opcodes, I wonder how far they will take smart contracts rather than just simple BTC scripts. Also, even if it’s not centralized, there is only ONE PROTOCOL. And protocol level changes actually no things. I don’t give a fuck if a bunch of people are making node/wallet software

>>7473694 XMR is the future

>>7473741
Sad how brainwashed and deluded bcore fools are. Sorry

>>7473842
And that the biggest BTC devs went to BCH

>>7473838
Same nigger copypasta refuted a million times. Keep thinking capital will value being able to buy coffee with your shitcoin above a robust, centralized network with nodes all over the world and not sitting on Alibaba datacenters.

>>7473806
>thinks it's a binary choice
>requires all dissenting voices to be something called a "corecuck" because otherwise his shitty gen 1 coin will have to compete against the true future king coins of crypto

>>7473883
just try one argument that's not an ad hominem, blockstream might promote you

>>7473883
yes anon keep posting based BCH talks.

Here is Peter R proving gigablocks can work today with average PC hardware:
https://www.youtube.com/watch?v=5SJm2ep3X_M

>>7473842
>different flavored shitcoin - still a shitcoin

>>7473920
Refute a single argument

>>7473912
Monero rocks, you'll get no nay saying from me on that. I'm about 40% XMR and will continue to do so for the foreseeable future.

>>7473918
>>7473938
>>7473962

>>7473986
Nice arguments!

Really guys.
We need 1 of 2:

1. Vitalik, Nick Szabo, all the authorities start really shit on bcash
2. Miners make 51% attack

They're killing crypto

>>7474009
standard core supporter crying for authorities

>>7473806
>the whitepaper.
>thinks anybody gives a fuck about "the whitepaper"
nobody gives a fuck about antiquated gen 1 shitcoins such as: Bitcoin, Bitcoin +, Bitcoin Red, Bitcoin Cash... all SHIT. nobody gives A F-U-C-K. we just hate you cancerous faggots

>>7473962
Why dont you do something useful for once and tell me the source for that pic.

>>7473972
>Segwit

Continue not know what things are and why they're bad. However, if you do have a shred of critical thinking capabilities in you:

http://lmgtfy.com/?q=How+does+Segwit+work

>>7473935
The difference with BCH is they are actually commited to radically advancing the tech. As evidenced by smart contracts and tokenization/coloredcoins coming this year.

I have no qualms with you altcoiners. You are right about the fact that the #1 coin EOY will either be some alt or BCH but not BTC.
BCH just has the best shot at it right now.

>>7473182
>>7473208
>>7473210
>>7473228
>>7473241
>>7473241
>>7473241
>>7473251
>>7473288
>>7473301
>>7473331
>>7473339
>>7473362
>>7473373
>>7473385
>>7473386
>>7473395
>>7473411
>>7473437
>>7473456
>>7473484
>>7473520
>>7473523
>>7473537
>>7473547
>>7473548
>>7473572
>>7473575
>>7473579
>>7473583
>>7473586
>>7473627
>>7473641
>>7473673
>>7473684
>>7473694
>>7473702
>>7473741
>>7473741
>>7473769
>>7473772
>>7473778
>>7473797
>>7473806
>>7473832
>>7473838
>>7473840
>>7473842
>>7473854
>>7473877
>>7473882
>>7473883
>>7473904
>>7473905
>>7473912
>>7473918
>>7473920
>>7473935
>>7473938
>>7473962
>>7473972
>>7473986
>>7473994
>>7473999
>>7474004
>>7474009
I want you presenting at least 1 (one) nice argument against Bitcoin Cash™.

>>7473904
>still pretending ETH didn't crush bCaSh>>7473912

>>7474009
I've got some bad news for you.

>>7474033
Dont bother searching it anon. Her face is a disgrace to them milkies

>>7474028
>biggest hugest gloriouse devs went to bcash!!!
>mommy, corecucks are crying for authorities!

>>7474028
>bcash needed to put a conman playing the role of satoshi to get retards on board
>crying for authorities

>>7473912
>knows all bitcoin forks are gen 1 shitcoins
>needs opposition to be something called 'bcore' because he's terrified of gen 2 and 3 tech coins that aren't TOTAL SHIT.

>>7474069
Based money skellies opinion should be enough to consider accumulating desu

>>7474030
If you haven't read the Bitcoin whitepaper you have no business insulting other posters.
>we
Kindly fuck off from this board.

>>7474091
>>7474097
still, not a single argument are you shilling for btc or bch?

>>7474055
It's not bitcoin.
/thread/

>>7474055
The biggest argument against BCH right now is the fact that they haven't even caught up to gen 2 tech yet. They are still trying to do gen 1 properly. But if you have foresight then you will understand why we are pro this coin.
Also Ver is a really bad public speaker, I wish that anyone BUT him was the first crypto investor. But thankfully he's just a face and is easily replaceable.

>>7474130
You didn't refute my arguments.

>>7474101
>muh gen 2 and 3

You know this stuff is up-gradable right? "Programmable money", "hard/soft forks" are you unfamiliar with these terms?

>>7473920
It should be reposted until someone refutes it LMAO

>>7474069
Pedolik Retardin is not an authority.

Szabo on the other hand, is.

>>7474151
Name 1 thing an alt coin can do that bch can't

>>7474038
>his worldview requires that the future of crypto lies with either Bitcoin or Bitcoin Cash.
both are gen 1 shitcoins... no future in either

>>7474184
Please.

>>7474151
No, you will not invest on "Bitcoin 2.0" and get rich. Now kill yourself.

>>7474195
Nice arguments.

>>7474127
I'm not shilling anything, I'm tired of annoying cashies.
You can make more useful alts but they'll never be bitcoin.

>>7474174
Nice arguments he posted in that tweet whew

It's astonishing how people ITT will still defend Blockstream/Bitcoin Core even when they continue to stifle any innovation for Bitcoin. Counterparty (XCP) was ready to implement smart contract functionality and Blockstream did everything they can to block them for attaining this because XCP required on-chain scaling. Luke-jr even blacklisted Counterparty transactions in one of the previous Bitcoin Core releases. Vitalik Buterin was ready to develop smart contract functionality for Bitcoin but he saw how bad XCP was treated and instead opted to make his own altcoin - Ethereum. Yes, that same altcoin that now has the second largest marketcap and is slowly eclipsing Bitcoin was completely unncessary if Blockstream weren't a bunch of kikes and allowed for on-chain scaling.

Now Blockstream has done fuck all to make improvements to Bitcoin since 2013 yet the delusion among Blockstream fanboys stays strong with the supposed implementation of the Lightning Network. LN is vaporware and will never see mainstream adoption, because adoption is stifled by default thanks to the 1MB block size limit and low tp/s. It'll take decades to get a billion people on the Lightning Network. And what does LN boil down to? Essentially swapping IOUs that still need to be settled on-chain. With a 1MB block size limit. Oh, and your Bitcoins can get stolen too if your node loses connection for whatever reason.

Bitcoin could sit mighty on his throne with >90% market dominance if it weren't for Blockstream stifling innovation. As of today Bitcoin sits at a measly 35% market dominance.

>>7474195
>>7474207
still haven't found an argument

>>7474151
There's plenty of shitcoins in the top 100 that are whitepaper ERC-20 tokens. Merchants right now are increasingly adapting BCH for payment. Can you say the same for shitcoins like TRX, ADA or EOS?

>>7474048
>radically advancing shit into a more polished shit with additional features built on the backbone of shit
>still requiring the worldview to be either Bitcoin or Bcash when the correct answer is: NEITHER

>>7474174
The anon plead for authority and I gave it to him. Besides Gavin supports Cash. At any rate your argument and mine (appeal to authority) are invalid. They just make people feel better.

>>7474189
>incapable of reading >>7474168

>>7474228
And are there any BCH tokens in the top 100? I'll wait.

>>7474276
It's a cryptoCURRENCY, anon.

>>7474227
How about the fact that any capital big enough to matter is going to look at the #1 priority to park wealth that matters (certainty), in other words, track record. Bitcoin will always have the oldest surviving blockchain, unless you can go back in time and release your shitcoin before Bitcoin.

Not to mention holding Bitcoin gives you all the shitcoin forks for free since no one wants to fork shitcoins but Bitcoin.

Not to mention it's an actual decentralized network instead of a chinese knockoff.. and so on.

>>7474302
And that's all it needs to be.
But that's not all that it CAN be.
I'm looking forward. Are you?

>>7474230
>its shit
Are you trying to post arguments now? I guess "its shit hurr" is a start

Bitcoin Cash will be re-instating old OpCodes (for if/then Smart Contracts) and using extension blocks to add privacy protocols for users. So Bitcoin Cash could potentially implode the market into itself by using the Smart Contracts from t he OpCodes with the extension blocks to add every application currently offered by other coins on the market. If you've watched Craig Wright give recent speeches he specifically states the purpose of Cash is complete dominance. Cash is trying to kill all competition to become the global monetary unit.


I like how core shills stopped trying to shill LN in these threads since they get BTFO every single time. Its literally all "lol bcash" now

>>7474245
>Gavin CIAndresen supports my shitcoin
>somehow this is good

Eh I'm getting bored now. I'll be back at the flippening.
See you guys.

>>7474126
>thinks the future of crypto requires faithful adherence to satoshi's white paper
>thinks the future of crypto is with a shitcoin like Bitcoin or BCash

>>7474227
Your need of arguments is a fucking nice argument per se.
We are literally the nice arguments on this blessed day.

>>7474358
If CIA was in cahoots with BCH that would be bullish as fuck to be honest

>>7474217
Nice copypasta. Keep at it, shows you are really comfortable holding that shit.

>>7474330
How about people invest in value not price action
How about no one wants a fork of btc because it already has segwit and cannot be reversed
Lighting network will not be decentralised because the routing problem in a mesh network is np hard. Non mining nodes do nothing increasing the blocksize does not at all centralise the network

>>7474330
They have the same chain up until August 1st. Now Blockstream uses Segwit which is not Bitcoin.

>>7474358
Holy shit dude, remember when I said appeal to authority is not an argument and by me saying he supports it is not an argument. I was just providing for anon.

>>7474151
>if you have foresight
thinks this is an argument... wants it to be an argument... but it isn't. awwwww, shucks

>>7474398
Maybe for a cashie which has buying KFC on-chain above sovereign money in the priority list.

>>7474353
Sold this pump after making 30%.

But yes, I am sold on bitcoin cash and I’m trying to work my way up to the meme 21 BCH level, for 1/millionth global supply

State of Biz

>>7474207
who in the fuck wants to make a new bitcoin besides scammers?

>>7474412
You can keep repeating that bullshit all day, it doesn't make it true.

>>7474406
I will keep reposting until someone refutes it with literal arguments.
Take your time I'll check the thread in a few.

>>7474406
At a certain point people get tired of repeating themselves. Its easier to copypaste. You didn't refute anything. Please do though.

>>7474474
What did i say that wasnt true

>>7474478
You want nice arguments so much, is this a kind of fetish?

>>7474469
Hurp de durrrrrr

>>7474217
>thinks the future is a binary choice between gen 1 shitcoins: bitcoin and bitcoin cash.

What happens to bcash if core manages to increase blocksize(like they should)?

>>7474414
BCash is not Bitcoin because it's a different network. X is not Y.

Segwit is opt-in, you don't need to use it.

If you can't afford transactions (specially now that the network is not being spammed by Ver+Jihan anymore) use the centralized niggercoin of choice.

>>7474512
>cant name a single thing a "gen 2" or "gen 3" coin can do that bch cant

>>7474512
Show me ONE functional “gen 2 chain” it’s all marketing bullshit by Wonton Chain trying to trick you retards into buying.

Everything is a fucking blockchain, except iota and xrb, and those don’t work

>>7474478
It has already been refuted, but no matter what, you want to feel good about holding your shitcoin while trying to get other idiots on board.

>>7474267
>doesn't understand the principled advantages that come with designing something from the ground up
>prefers to keep polishing a gen 1 shitcoin, hopes the shit looks better if it is shilled by assholes all over the internet
>realizes their shilling isn't working too well for some reason
people see the shit peddlers for what they are: cashies

>>7474512
Nah, it may very well be some next level alt but one thing is for sure: At EOY, BTC wont be the #+1 coin.
#1 is either going to BCH or one of the other actual good coins with dev teams that don't jerk off for 3 years.

Im accumulating multiple alts, BCH and ETH

>>7474537
I hope they do it.

>>7474584
Explain to me why Cash can't incorporate "gen 2, gen 3" buzzword buzzword buzzword on to Cash.

>>7474537
It would strip bitcoin core of all integrity and trust since they spent 2 years censoring every major Bitcoin communication channel.
Its too late for that to be honest. They would prove the people they character assassinated for years were right all along

>>7474482
All of it.

>How about people invest in value not price action

I already explained why capital that matters would park their wealth on BTC and not on your shitcoins. They do not care about nigger tier fees, they want the strongest track record (longest surviving blockchain), which happens to be BTC.

>How about no one wants a fork of btc because it already has segwit and cannot be reversed

What, everyone is forking BTC, no one is forking BCrash or any other shitcoins.

>Lighting network will not be decentralised because the routing problem in a mesh network is np hard. Non mining nodes do nothing increasing the blocksize does not at all centralise the network

This is irrelevant. BCash centralizes at layer 0 with huge blocks, if you don't want to admit this fact to sleep at night that's up to you.

The people that really matter in this world don't give a fuck about "scaling bitcoin" so niggers can buy KFC on-chain.

>>7474537
On chain transaction capacity will increase and no one will use blockstreams lightning network

By doing so they will have admited bch is right. No one will want it anyway because segwit is a vulnerability

>>7474586
>#1 is either going to BCH or...
getting desperate now... still hoping that people think it is a binary choice between shitcoin tier BCash or "something else". your gen 1 shitcoin will always be a gen 1 shitocoin, you fucktards know it and that's just too bad. you've invested your hearts and minds in this shitcoin fork of a shitcoin, there is no helping you. if your community wasn't such a cancer you would get the resistance you do in every bcash thread... but alas, you faggots are the biggest fucking assholes in all of crypto.

>>7474677
How do large blocks centralise
Nin mining nodes do nothing if you had 100000000 non mining nodes and 1 mining node the mining node would have complete control

Lightning network requires 133mb anyway

>>7474677
>BCash centralizes at layer 0 with huge blocks
Objectively false. Gigablocks (hich wont be needed for many years), are feasible with today average PC hardware
https://www.youtube.com/watch?v=5SJm2ep3X_M

>>7474622
>on to Cash
you just did

>>7474742
GEN 1 GEN 1 GEN 1 GEN 1

You're a broken record m8. You're also to stupid to realize that this "gen" shit is absolute buzzword marketing. PROGRAMMABLE MONEY

>>7474091
crypto devs can't change national laws you nitwit

>>7474055
I did in the other thread and no cashie responded. My basic point was that it is pretty much irrelevant right now that bcash has lower fees and transaction times, by the time those constraints start to matter bitcoin will be superior in those aspects as well with the lightning network and other innovations fully implemented. Roger Ver's main bitch about BTC was that it had to find a solution NOW. Niggers in Africa are currently unable to buy coffee and he wanted it fixed ASAP. So that meant rolling out the band-aid solution of bigger blocks. He simply thinks it is disastrous to wait for solutions like lightning network, because he's a high time preference sperg I guess.

Cashies saying "muh lower fees muh quicker transactions", are totally failing to understand what is driving the cryptocurrency market right now, what drove the last BTC bull cycle and what will drive the next one too.

I explained here:
>>7469416
and
>>7469456

You guys will continue to lose the meme war. Cashiers just happen to out number bitcoiners on /biz/ because the sickness of autistic no-coinerism is especially prevalent here. Tons of neets here who were too late to the game to buy bitcoin cheap, who thought bcash was their opportunity for cheap coins. Your psychology is that of any other altcoiner, just a bunch of beta chimps trying to team up on the alpha. I understand you want money like the rest of us and you tried your best to interpret the fundamentals that would determine the future of the market, but you are little better than the Koreans I sold my Bitcoin Gold to for 4x market value on bithumb.

The latest Bcash pump is over by the way, sell the infowars hype while it lasts.

>>7474769
If I make a hole in the middle of the North Dakota desert, I could claim it's proof of work, but this work has to be recognized by someone. If this someone is only 1 datacenter run by USG, you are a cuck

Please learn how Bitcoin works and stop drinking Rizun's koolaid.

>>7474742
You are typing that while bitpay is implementing BCH in all their checkouts. Thats 30k shops where we can pay with BCH.

Theres no "gen 3" coin that even scratches such IRL merchant adoption.
No "gen 3" has the support of the biggest companies in this space and multiple billionaires.

Your gen3 coins are still fucking around announcing useless partnerships to get more bagholders while BCH is advancing actual real world adoption every day.

>>7474859
Lightning network is not a blockchain what level of delusion do you operate on that yoy think that bitcoin was meant to not be a blockchain
If its not on chain it is not uncensorable decentralised money and we may as well be using PayPal

BCH is the most vilified, shit upon and HATED crypto in the market. There is no better indicator, other than its tech and utility that it is the future. BCH IS BITCOIN

>>7474859
>he doesn't know its always been 4chan against the world

Still didn't stop us from redpilling the masses and getting a president elected. People don't like us because we tell the truth. Twitter is saturated wtih people who love Core and call Cash a scam. Seriously Cash people are far outnumbered there, now if Twitter niggers is where you get your advice on crypto, so be it. Don't forget to load up your TRX and XRP bags on the way out.

>>7474889
Non mining nodes cannot validate anything because valudation requires work

Saying non mining nodes validate anything is like saying someone watching a football game on tv can change the outcome

>>7474955
add to that only banks and corporations will be able to afford running LN nodes.
https://www.youtube.com/watch?v=k14EDcB-DcE

>>7473586
i wouldnt say soon but definitely in the future friend

>>7474055

there is no argument against bch

all those that oppose it stand to lose financially due to their own stupidity and ignorance

>>7474955
>PayPal
You mean bcash.

https://soundcloud.com/heryptohow/roger-ver-cody-wilson-chris-odom-brian-deery-and-chris-david

21:30 -

> "...if scaling Bitcoin quickly means there is a risk of it becoming PayPal 2.0, I think that risk is worth taking." - Roger Ver

>>7474955

>This fucking brainlet

Take a step back for a moment and reflect on how thick you sound.

>>7475007
Perfect analogy.

>People actually believe anything named Bitcoin will be the future king crypto to lead us to the world currency promised land
All Bitcoin coins are old and busted no matter which 'side' you're on and there's too many things inherent to them that will never actually change if the BCH shitstorm is anything to go by which will prevent it from becoming a useful universal currency
-PoW is shit (and don't even try and pretend any of the coins would ever successfully move off of it)
-Hardforks fuck with the stability of the market hard
-Completely deflationary currency is retarded as a concept. We don't need USD levels of inflation making your money worthless, but something consistent to replace coin loses to help stability of price and value

>>7474806
>PROGRAMMABLE MONEY
Yeah and look how much of a mess came from just trying to change a bit of the programming with Bitcoin Cash

>>7474966
correct. all the negativity is coming from btc core who happens to have the most to lose from bch winning. They are absolutely threatened by roger and bch and the constant slandering is evidence of it

>>7475021

Funny. So why are there already over 500 non banks and corporations are running LN nodes within weeks of it going live.

Sounds a lot like you don't know what you're talking about.

>>7475055
Lightning network guarantees bitcoin will become like paypal

>>7475065
Not a single argument

>>7475055
>corecuck takes quote out of context
Imagine my shock

Heres a core dev explaining their vision for BTC in great detail:
https://www.youtube.com/watch?v=YmF79Zn6-bk

>>7475107
What mess? BCH works just fine. There are hordes of laggards autistically screeching because they know their chain is going to die, but other than that everything is going well.

>>7475113

Kek, bch won't win. Inferior tech will always get trampled on in the long run.

>let's weld on some gen 2 shit and we'll be just like a modern coin: The BCashie Mantra

>>7475191
>shook

Cant wait till this kicks in in next few months.

What if setting up a cryptocurrency wallet was as easy as sending a text to grandma?

What if you could send Bitcoin Cash to any mobile phone in the world without Internet?

What if the unbanked could connect to the global economy using a feature phone?

What if they could protect their savings from failing national currencies, bank bail-ins and thieves?

https://coinivore.com/2018/02/08/cointext-announces-sms-bitcoin-cash-wallet-transact-bch-without-internet/

>>7475127
because you are a brainlet that doesnt understand LN.

If you want to run a node with 500 channels which have 0.5 BTC in them on average, you need to have at least 250 BTC on hand. AKA only with massive liquidity can you run a node that actually matters.

Now go and compare that cost to running a miner that needs slightly more HDD due to big blocks.

>>7475202
I'm positive you have no fucking clue what differentiates gen 1 2 or 3.

>>7475007
You didn't understood the analogy, neither how Bitcoin works, as nonmining full nodes are needed to economically enforce the network rules on miners, otherwise like I said, you are just making useless holes in a desert. Without at least a supermajority of the economy enforcing the rules, the result would be that miners would be de facto free to violate all of them at will, however they feel is best for them. You effectively just create the Fed all over again by putting ((((datacenters)))) instead of a proper decentralized array of nodes, but with a bunch of wasted energy for no reason. Cashies will ignore this fact because their whole scam is based upon the socialist delusion of once again selling something that's fast, cheap and decentralized with no tradeoffs.

>>7475227
good for you faggot, good for you.

>>7475113

>bcash shill says bitcoin supporters are negative ones
>literally incapable of promoting bcash on it's own merits; it always has to be an attempted slander against bitcoin/blockstream/tx fee memes

You faggots will never be bitcoin. Just stop trying already, maybe if you did something worthwhile with cash people would actually show interest, but right now nobody gives a fuck about this shitcoin no matter how many twitter handles, domains, parternships and shills you buy. just fuck off.

>>7475246
Non mining nodes do not enforce anything, you abysmal faggot. How can you still fail to realize this?

>>7475218
>Corecucks think beaners using BCH to do remittances will care whether they are calling BCH a scam on twitter

AHAHAHAHAHHAHAHHAHAHA

No seriously they actually believe insulting the superior will offset this.

So are Bitcoin Cash supporters all-in on that shit because they wish they were 'early' on Bitcoin and this is their best bet because they only care about the Bitcoin brand?

Because if technology was the important part there's assloads of coins better than both

>>7473572
This

>>7475169

>Complains there is no argument.
>Rolls out the LN = paypal meme without any explanation.

Sure, carry on shit posting but it's clear Crypto probably isn't your thing lad if you're coming to these sort of conclusions.

>>7475325
>>7475225

>>7475266
bch devs are doing interesting stuff. okay man i get that youre mad cause bitcoin cash isnt dead yet but project that on me lol

>>7475315
>over $1000
>early

Shit son
>over $100
>early

We're here because we've been here. You're the one late to the party.

>>7475344
dont*

If Bcore trolls had there way they would kill or imprison all of us, to much government shilling from the top down

>>7474967
Cashies will go back in their hole the moment the next BTC bull cycle begins, you guys were pretty damn quiet in December.

The main mantra cashies have as to what is supposed to be bullish for BCH is merchant adoption. And that does create some nice news stories to shill. It's like the XRB community getting excited about how some merchant who happens to be an XRB hodler themselves begins to accept it as a means of payment for their small business... But it doesn't actually matter. Bitcoin already went through this stage, getting excited about how you could buy pizza and alpaca socks.

No one will actually use it as a currency to any significant extent, your larger blocks aren't being utilized.

Bcashiers are holding bcash not spending it, they merely talk about how much better it could theoretically serve as a currency if people wanted to use it that way, in the hopes that others will buy it thinking they have heard a bullish case for the fundamentals. So the very behavior of cashiers exhibit in hodling contradicts the arguments they make. While never spending it yourselves you want to say it is great for spending, so others will buy into it and drive up the price of the coins you hold. So you want it to serve as your highly deflationary digital gold / appreciating store of value. But bitcoin is going to continue cucking bcash in 2018 in that aspect.

>>7475325
Ln will become like paypal because the routing problem is np hard


Let alone the liquidity requirements for hubs will force centralization

>>7475391
I shit you not a lot of them wish 4chan mods were as cucked as reddit and would censor all this.
If bcore had the truth on their side they could let cashies get BTFO on their shitty forum and reddit but the fact they are censoring proves they are unable to do that

>>7475225

>a node which actually matters

wtf does this even mean? Believing LN nodes with the highest funds are the only ones which matter shows you don't understand much about how routing works.

>>7475472
>I shit you not a lot of them wish 4chan mods were as cucked as reddit and would censor all this.

>>7475449
>Bitcoin already went through this stage
and then went on to lose their merchant adoption. NOBODY USES BTC FOR COMMERCE ANYMORE. Its done.
And BTC wont regain trust with businesses after core intentionally ruined the usecase.

>>7475485
Why the fuck do you even want lightning network its not a blockchain.

>>7475485
The nodes used by normies will be the only ones that matter since LN is a Mesh.
And those will be the nodes run by businesses and banks who have 10s of millions to spare.
If they actually figure out routing in LN that is LEL.

LN adoption is still completely theoretical. The devs themselves are telling all those mainnet testers to stop it since the devs are still losing coins in testnet.

>>7475315
There may be other coins with better "tech", but they don't have the hashpower, history, or name recognition to get them off the ground. Bitcoin Cash is about continuing Bitcoin, using the many SHA256 mining machines that already exist in a more efficient way. It benefits the users via cheaper and faster txs, sticks to the whitepaper, even Satoshi's coins are still there on their private key so it is fair historically.

Cashies really are the dumbest sacks of shit on the board. We get it, you bought into one of the P+D's like a moron and now you're holding bags. Just take your loss and stop trying to force this absolute horse shit onto everyone else.

>muh corecuck

No, I don't care about that shitcoin either. Both bitcoin and bcash need to fuck right off so that altcoins with superior functionality can bloom.

>>7473301
Socialists hate it

>>7475449
Pretty sure we've been talking about it the entire time, the enthusiasm is just high today because these bags were getting heavy and its nice to have some fucking relief.

I do spend my Bitcoin Cash. I bought some kratom with it the other day and got 50% off. Every time I spend Cash I replace it with the Core I have leftover or fiat. About the only currency I don't spend that much of is XMR, because I think its even more undervalued at least in the short term.

>>7475597
>PnD
>shitcoin
top tier arguments again

>>7475450

> An imagined routing problem == paypal
> Muh centralised hub liquidity maymay

All of my Keks. Yet to hear a convincing argument from BCash shills. They're clearly rattled over the innovation of LN makes their shitcoin worthless.

>>7475536
There is a massive disconnect for people supporting LN. They haven't two and two together. They think LN = Blockchain when really LN = Checking Account.

>>7475598
Yeah but they can still use it is the point.

>>7475536

That's like saying Skype isn't part of the internet because it's not pure TCP/IP. It's a layer on top of the blockchain you fucking brainlet.

>>7475279
Non mining nodes forced Jihan to signal for SW when he felt threatened with the UASF clusterfuck, but this is beside the fact that you don't understand how Bitcoin works.The healthy functioning of a peer 2 peer network has the must have requeriment of nimble nodes to be able to replicate a truthful state of the entire network. Originally, all of these were all mining nodes, when the network was still small, but as ASICs centralized hashpower, the network was at the risk of losing its peer to peer essence. Without the implementation of full validating nodes, and if only left to mining ones, we would literally only effectively have less than 100 nodes on the network, and 50%+ could be centralized to a certain legal jurisdiction. This would make them vulnerable to a state level attack (round 5 guys into a room scenario). If left only to miners and SPVs, even the best-intentioned miners could be 'manhandled'. Full validating nodes are a solution for filling in the void and keeping the peer 2 peer network headless. Nodes that misbehaved are ostracized by 'peers' (regardless if they mine or not) and this ostrification happens in tandem by all nodes on the network, so a state level attack would be ostrasized, even if it managed to coerce a big majority of mining nodes. By osmosis, business signatory attacks can also be rendered useless by the same token. This attack vector is the source of all these USG hijack attempts (XT, Classic, BU, BCash.. you name it) trying to get the idiots on board by promising fast, cheap payments with no tradeoffs.

Full validating nodes, even pruned full validating nodes are a Bitcoin user's only defence that the network will not be changed without their overwhelming consent. And if that technically slows down the network, that is a small price to pay.

>>7475580

That would make LN adoption real, not theoretical. It's happening and it is working.

>>7475647
DYOR on LN. Its a shitfest as of right now.
It may work in the future but even then the facts are only entities with MASSIVE liquidity will be able to run nodes and those nodes will be required to do KYC in most jurisdictions.

Layer 2 will probably be used between exchanges etc at some point. No matter which coin wins by the way. LN can work perfectly fine on BCH and many other coins.

>>7475647
Literally look at the centralized hubs yourself.
https://lnmainnet.gaben.win/

Now see how the Lightning devs themselves say this piece of shit isn't stable and nobody should use it.
https://twitter.com/starkness/status/953434418948927488

>>7475647
Routing transactions through a mesh network in a decentralised way is np hard it is not going ro happen

There is not a single reason to cap the blocksize at 1mb, non mining nodes do nothing

Segwit destroys the mining nash equilibrium

>>7475629
>PnD

Yeah those random 2x+ that happened in the span of a few hours in november and december were totally organic growth

>shitcoin

WOW, you have superior functionality to bitcoin. That's a pretty rare thing ya know. Only every other altcoin in existence has that quality.

>>7475304
>im going to invest in a coin that will be used by beaners to send money over Trump's wall over the coin that will be used by $billionaires to settle transactions that matter

>>7475745
Those nodes you see right now dont do any actual tx over multiple hops. The routing doesnt work.

>>7475750

What are you talking about? Hundreds of nodes are already running with fractions of a BTC. Anyone can set up a node. How does KYC even come into this?

>>7475798
We already know BTC is the establishment bankercoin. No need to point it out. pic related

>>7475507
You didn't process my points at all, go back and read my previous post and the posts I linked to in it.

You're making a fundamental mistake in assuming spendability matters right now. Bitcoin is spendable as it needs to be at the moment. No single crypto is close to rivaling fiat as a currency right now, all that matters is value.

Seriously go out and explain to normies how you can use BCH to buy things. They won't give a shit.

The daily use of a cryptocurrency as an every day spendable currency is many years from now, we're going through this speculation / digital gold phase because we need to. By the time public awareness / acceptance has hit critical mass, bitcoin will have fully scaled to be used for everyday purchases. Merchant adoption by that point won't be something that has to be campaigned for, people will want to accept bitcoin due to its value, reputation, and network effect.

>>7475767

The blocksize is not capped at 1mb. Block size increases are part of core's roadmap as well as the other clever scaling solutions. BCash BTFO.

>>7475805
Incorrect. It does do multi hop. I've used it several times. Your routing problem is completely imagined.

TL:DR
BTC has been (((taken over)))
BCH while keeping true to the vision is still outdated compared to ETH

>>7475734
Wu supported segwit under the new york agreement which compromised with a 2mb block but then core forced him to hardfork because they were going to introduce segwit separately to a blocksize.

You could run a node that only supports 10kb blocks wouldnt mean shit unless miners are mining on that chain

how many people want to add another monthly fee just to use the network, a big turn off for most

>>7475734
They didn't really force much. All that happened was exactly what everyone knew would happen, a chain split. Now look where we are. Meanwhile, full non-mining nodes don't do dick besides literally slow the network and open up the possibility for Sybil attack vectors because they have to rely shit to an actual mining node. This gets compounded with LN.

Long play is and always will be BCH. Meanwhile people running non-mining nodes can do fuck all about it.

>>7473165
Leave the shorting to me!

>>7475818
>How does KYC even come into this?
LN nodes qualify as money transmission services and when LN actually gets used in commerce they will be forced to do KYC or get fucked by various agencies.
https://www.youtube.com/watch?v=tKYEQVPklLI

Those nodes don't have tx volume and cant route, anon.
And even the devs themselves advise NOT to use LN with real money:
https://twitter.com/starkness/status/953434418948927488

why is this mooning

>>7475883
>You're making a fundamental mistake in assuming spendability matters right now.
You are literally advocating for BTC not to be used IRL right now.
How new are you? Bitcoin/crypto will be used for ALL payments globally within the next decade and uf you think it diesnt matter your shitcoin is slow and expensive you are the biggest brainlet ITT

>>7475883
I spend crypto, fees were what ultimately redpilled me and made me research BCH (lucky I wasn't a dumbass and held my fork coins).

Spending is by far the most important aspect of crypto. Credit cards are so fucking unsafe to use online when compared to spending crypto. I get joy out of spending the shit desu.

>>7475894
>>7475955
No full validating nodes means nobody except miners are validating. Miners can then gather 50+% of their fellows and decide to give out 1000 btc at every block. You wouldn’t know cause you don’t validate. All economic activity would be over SPV and they wouldn’t know either. Exchanges merchants users would all blindly trust the miners to “do the right thing”. Which they wouldn’t.
Your shitcoin is dead, it will be a good experiment to see the big block fantasy collapse when it gets attacked. Bring the 32 MB blocks.

>Commence "Operation: Dragonslayer"

bcash

>>7476009

Miners are money transmitters yet they manage to bypass KYC. The same applies to LN. You don't need permission from any central authority to run a LN node. KYC is unenforcable over LN.

A node's Tx volume has absolutely no impact on a its ability to route.

>>7475872
You don't need to be a banker to use Bitcoin, just don't be a nigger that can't afford transactions.

Daily Reminder that nodes do not add to the security of the network because they can not validate consensus rules nor can they add transactions to the chain

UNCERTAIN FAGS:
If you are on the fence on this issue, read these two posts:

>>7475883
>>7476054

and activate your almonds

>>7476157
https://www.youtube.com/watch?v=tKYEQVPklLI

>>7476162
You do to run a LN node of size that matters to the network.

>>7476087
No they are not, dude. They can validate consensus rules are being followed, that is. They can't have any meaningful impact in ENFORCING them. The football analogy (I know analogies aren't arguments) really is perfect for this.

>>7476087
How does a non mining node validate

>>7476212
People with enough money to matter will continue making on-chain transactions that matter.

The rest can use LN or any other shitcoin depending on which side of the conspiracy memes you fell for.

Even the rich will use LN for smaller transactions because moving some bucks around is meaningless. I couldn't care less if im using fiat, dogecoin or somesuch nonsense to pay for some groceries.

>>7476087
>Miners can then gather 50+% of their fellows and decide to give out 1000 btc at every block.

There's absolutely nothing you can do if miners collude in that manner. Doesn't matter if you have a billion nodes

>>7476212

You are aware that LN nodes are not aware of the source or destination of transactions, only the next and previous hops, right? Doing KYC on a hub does absolutely nothing to control or monitor transactions since the hub itself has no idea who is transacting through it.

It will be impossible to enforce end users of LN into KYC.

>>7476350
>I couldn't care less if im using fiat, dogecoin or somesuch nonsense to pay for some groceries.
AKA you are a literal nocoiner at heart.
You don't realize this isn't some funny little meme market for neets to gamble on. Crypto will take over all of global finance.
And there is no reason for there to be more than one (1) coin that takes all the volume.

There will only be one relevant coin when this shit plays out over the next few years. It wont be the slow expensive shitcoin.
It will be a coin with proper smart contracts, tokenization, fast tx and low fees.
Its either ETH, BCH or some alt but dinosaur coin will get rekt.

>>7476227
Miners process transactions, without transactions, miners go broke. Transactions are made using certain software which follows certain rules. Full validating nodes allow you to choose what rules you find as valid. If miners don't mine these transactions which happen to be coming from Nakamoto consensus enforcing software, that is, 1MB etc etc (be it Core, or any other software which transacts using the Nakamoto consensus) they'll end up broke as pure mining reward shrinks.
Miners are janitors. Their Proof of Work means nothing if it's not recognized by the network, and you want to put this network in the hands of the USG's datacenters. Now kill yourself and come back when you understand how any of this works.

>>7476516
>Their Proof of Work means nothing if it's not recognized by the network

It doesn't matter how many nodes exist if someone controls 51% of the hash power. You can't overturn transactions with nodes. There's literally nothing you can do to stop miners if they choose to break the chain

>>7476360
Their hijacked chain would be abandoned and their ASICs turned into useless boxes.

>>7475598
Unironic democratic socialist here, I'm invested in crypto :)

>>7476589

That's why miners won't do that. It's part of the economic incentive bitcoin was based on.

>>7476499
>You don't realize this isn't some funny little meme market for neets to gamble on.

Exactly, which is why I understand buying coffee with Bitcoin is absolutely retarded.

>>7476589
Core cant even find a compromise on scaling just a little but what makes you think they can coordinate a switch to a new hashing algo within hours.
If a large % of miners decide to kill BTC, BTC is dead

>>7476619
Which means miners will keep mining transactions comming from the most used software.

>>7476656
crypto will process virtually all global retail transactions before 2025 is out

>>7476684

Ok, but nodes do not add to the security of the network. Only hash power deters bad agents from taking control of bitcoin. The fallacy of more nodes = more security is entirely bogus and comes from a misinterpretation of how bitcoin functions

A network with 1 miner and 10 nodes is as vulnerable as a network with 1 miner and a million nodes. Some nodes are useful, but you reach diminishing returns quickly

>>7476661
The miners would be the ones dead, bankrupt, and probably literally dead too as their head would be worth a fair amount of BTC (BTC which would continue living as the non-idiotic miners would keep it alive after the hostile miner's chain reorgs)

>didn't trade most of my bcash because there's LITERALLY NO WALLETS FOR IT THAT AREN'T TROJANS
>for some reason it's up

seriously someone explain please

>>7476699
Cool, but the capital will not be sitting in a network which is controlled by USG's datacenters.
You aren't going to see a single blocksize increase by 2025, Bitcoin is going to still be #1 and your dumb ass will still be wondering why.

>>7476740
The economic incentive is why a 51% attack is so unlikely. Greed makes BTC work

>>7476764
Verconomics at work.

>>7476764
Its supported in almost all multicoin wallets these days.

>>7476613
i unironically can't wait until we get to start gassing you guys

>>7476787
segwit breaks the nash equilibrium

>>7476782
capped

>>7476732
>bribing/hijacking/coercing 10 people to run whatever software aligns with your agenda better is the same as bribing/hijacking/coercing 1000 people scattered around the globle hiding behind proxies
kys

>>7476814
>multicoin wallets
who the fuck is stupid enough to use one of these

>>7477066
>who the fuck is stupid enough to use a trezor
>who the fuck is stupid enough to use a ledger nano
I dont know anon. Only brainlets use secure hardware wallets I guess.

>>7477265
Ask yourself this anon.

Do you think cypherpunks use custom hardware designed for storing cryptocurrency?

You do, of course, know the detailed history of the cypherpunks movement. Since you're invested in their asset class.

>>7477303
I see you in the other thread mate. Yes airgapped linux is best but trezor and friends are lightyears safer for the normie user than some shitty desktop or mobile wallet.

Its a tradeoff. Better use hardwarewallet for day to day and have actual cold storage for your holdings

>>7477444
Nope. Violation of the principles of cryptographic currencies and the movement. Ultimate risk

>>7477471
Wow, you might be the single most pretentious fucking faggot I've ever seen

>>7477515
Enjoy the stolen coins. you're gonna look back on it and realize what a retard you were for buying such an obvious theft device

>He accepts anything less than the objective best in class

Absolute subhumans

Lad's it's not about using the proper setup (Airgapped GNU/Linux or BSD)

It's about
Having.
Standards.

Why don't you, as the video NEETs on /v/ say -- git gud?

I am so fucking superior to you it's not even funny.

>>7477471
explain.
If you use a hardware wallet your risk is the devs exit scamming or ABC soup interfering with the tech.

If you run a desktop wallet you have way more attack vectors. Random skiddies trojaning your box and all. Hundreds of entities could try and get your keys whereas with a proper hardware wallet you are only at risk by the vendor itself and if they were to exit scam it would need to be a very elaborate scheme. Much harder than say some custodial exchange.

And we both know normies will never use an airgapped system so advising them to use a HW is the best we have right now.

>>7477579
Look up airgap and get back to me.

Also see
>>7477569

Obviously normies are out because they're bad at everything ever

You're on /biz/
You're on 4chan
You're held to a higher standard.

>>7477579
Also consider the fact that that hardware vendor probably has over 100 billion dollars in crypto, maybe more, across all wallets

That exit scam is going to be extremely valuable.

It's a central point of failure in a trusted third party
It's the fucking opposite of what crypto is about and it just screams "this is going to explode some day"

>>7477608
>Look up airgap and get back to me.
Dude thats not an explanation for thinking all HW are backdoored. Everybody knows what airgap is and anybody with decent holdings needs an airgapped machine.
That doesnt change the fact HW wallets are the best for somewhat secure storage with some ease of use.

>>7473165

They hate us cause they anus

>>7477676
I don't care if the risk of an exit scam is 0.00000000000000000000000000000000000000000000000000000000000000001%

it's philosophically abbhorant

>>7477739

>>7476764
>What is a ledger nano s?
Neck yourself

>>7477970
read the rest of the thread brainlet

>>7477303
Cashies want USG running nodes, don't expect them bothering with proper cold storage.

>>7477739
FYI, I'm hiring a pool cleaner for my underwater paper wallet safe. Pay is in doge.

>>7475107
>PoW is shit (and don't even try and pretend any of the coins would ever successfully move off of it)

Meanwhile there isn't a single major coin using PoS. Not one.

>>7478040
What are distro are you using and what software to handle your private keys on your airgap? also what laptop? Im considering an x60 or an x200

Bitcoin Cash will destroy Bitcoin.