/biz/ - Business & Finance

>>8893641
i would say 120%

>bottoms at .05, pumps
>bottoms at .07, pumps
>bottoms at .09 <-- you are here
accumulate now or fomo in after the 12th bottom at .5

>>8893653
pic related

Depends how long it takes for LN to pick up steam. BCH has no long term future.

>>8893653
I'm thinking of going 70% BCH, 20% LINK and 10% REQ. Just buy more every week and HODL until mid-December.

>>8893679

>>8893641
90% chance. most of the old players that actualy care about the IDEA of bitcoin is on board with bitcoin cash and have abandoned old BTC and the lightning fools.

i put 90% of my crypto in it. if anything will succeed it will be bitcoin cash

>>8893679
reasons why lightning is already failed:

1) there is no routing solution for large scale networks

2) if someone routes a payment through a channel you have to a coffee shop (example) you won't have any funds on that channel to pay the shop. you'd have to start a new channel. (you didn't lose money but it's now not on the channel to the shop)

3) lightning network intend to support ALL cryptos, not just bitcoin. this means if lightning ever do get big and functional there's a chance it will actually lower the value of bitcoin

>>8893833
>if lightning ever do get big and functional

There's no chance of this happening

>>8893679
The abacus analogy in a recent video shows how much a piece of shit LN really is

>>8893641
32mb chances

>>8894063
it wont happen but it will be hilarious if stellar is the only project to make anything actually functional on lightning network

Hey guys is this the retard convention?
Go Bcash! Woo!
Boo lightning! It has Routing Problem (IDK what that means lol but it sounds like maths words)
Who cares that Craig is a fraud and a scam artist. He's OUR scam artist.

>>8894332
>being butthurt enough to reply with an absolute shitpost

>>8893833
another point is that in order to run a lightning node, you're technically an unlicensed money transmitter (in the eyes of the law)

>>8894356
Another point is that lightning isn't a change to btc chain and not a something absolutely needed for it to exist.
Inb4 muh coffee buying tier scaling.

>>8894063
>>8894356
nice to see that people on /biz/ are starting to come around. just a month ago you'd just get nothing but hate and "bcash" if you mention bitcoin cash

>>8894347
that's the only kind of response you can expect from bcore shills

>>8893641
Zero

>>8894410
blockstream shill fund empty

I think Roger Ver posts these. No way anyone in their right mind supports BCH. Soon no one in their right mind will support BTC

>>8893641
Zero chance
People are slowly realizing that Bean Cash is the real Bitcoin Cash. Drop those bags

>>8894332
current lightning routing works like this: you take a snapshot of the whole network (every channel and how much money they have). you then encode the path into your transaction and send it on its way ("onion routing" only hides the path but it is already set in stone). it fails if a path changes while the transaction is happening, failures are still common today even though the path is calculated from a snapshot of the whole network.

it sometimes work today because the network is small and few use it. it would not scale to thousands of transactions per minute, thousands of channels and thousands of nodes constantly going offline and coming online plus having their balance constantly changing. you can't snapshot that and nobody have a solution to the routing problem in the lightning network.

How many chinese shills in here?
Quick, tell us about Tiananmen square

WOO BCASH FUCK YEAH BCASH!!!!
Roger Ver is true satoshi!

BBBBBBB CASHHHH

>>8893641
bch could be a falling dagger. You really want to risk catching a dagger? I would at least wait until you have some upward momentum before you even think about buying BCash

>>8894459
Agreed. Post the following to get their feds to search their history.
June Fourth 1989
4/6/1989
六四事件
Above means "june 4th incident"

>>8894410
>just a month ago you'd just get nothing but hate and "bcash"
Now everyone is just tired from your bazingacoin so you come here and cirvle jerk in your threads.

>>8893641

0%

Don't delude yourself.

BCA$H
C
A
$
H

>>8894477
dim the lights, get cozy and listen to this:

https://www.bloomberg.com/news/audio/2018-04-10/the-world-is-cracking-down-on-bitcoin-except-japan

it's long but it tells you exactly who Roger Ver really is. the tl;dr version is that he is someone you want on "your side" in crypto. after listening remember that he now believes the most in Bitcoin Cash.

>>8893641
1% in the off chance that kikes are able to subvert the one true coin, btc, with deep state controlled shit coins.

Eth and most ERC20 coins are deep state controlled since Vitalik was blackmailed with his pedo activities.

Stop funding their satanic projects desu

>>8893641
Yeah OP please accumulate, dump your money into this retarded shitcoin

>>8894559
Why is Japan always so based when it comes to technology? Literally on the cutting edge.

>>8894578
generally i dont know but in terms of crypto... well, because roger ver lives in japan.

>>8894063
>>8893736
>>8893833
>gigablocks are less centralized than lightning

>>8893679

The funniest thing is he actually believes this

>>8894641
just dont take suicide in 5 years. life is worth living even if youre not rich.

who let the brainwashed and deluded /r/btc niggers out of their echo chamber and onto 4chan???????

BCASH IS A SHITCOIN FAGS! ITS ONLY WORTH 10% OF BITCOIN, AND HAS 10% HASH POWER THAT BITCOIN HAS. ITS A FUCKING SHITCOIN AHAHAHHAHAHAHAHHAHAHA.

>>8895157
everything is as it should be
takes time for propaganda to die down and most people dont actually do research

>>8895238
BCash is 2018 BitcoinXT
https://en.wikipedia.org/wiki/Bitcoin_XT

>>8895312
not close the same thing, dont worry

Everyday until it happens.

I ALMOST feel bad for coretards

>>8895409
already happened, BTC is a dead man walking. only reason the prices are like they are is because of ignorance. people "investing" in BTC dont care about the stagnation of BTC, that merchants are abandoning it. they just care about making a quick buck and dont actually use it to buy stuff or donate to people. i know that's 95% of /biz/ but i doubt that people working on bitcoin can bring BTC back from the dead now, the damage is permanent

>>8895375

Bitcoin XT is a fork of Bitcoin Core, the reference client for the bitcoin network. In mid-2015, the concept achieved significant attention within the bitcoin community amid a contentious debate among core developers over increasing the block size cap.[1] The current reference implementation for bitcoin contains a computational bottleneck.[2][3] This averages to a daily maximum of around 300,000 transactions.[4]

It was proposed that the block size increase to eight megabytes, and from then onwards to automatically increase it exponentially, doubling every two years. The proposal did not gain the necessary support to go into effect on the Bitcoin network by early 2016, the earliest possible switchover date. Its use has been in steady decline from March 2016 onwards.

nope not the same at all

>>8895439
the situation is not the same. back then key people still believed that they could fix BTC. it wasn't too late. however this time the roof of 1 MB blocks was indeed reached and key people left for BCH due to the stubbornness of BTC. it's clear now that it just dont want to change even though there were warnings and discussion ever since 2015. lightning wasn't proven as a failure yet back in 2015 either. it just isn't the same dude.

Mike Hearn did a recent Ask Me Anything btw:

https://www.reddit.com/r/btc/comments/89z483/ama_ask_mike_anything/

Interesting stuff! He still considers Bitcoin a failure and has said that Bitcoin Cash has the same problems as BTC had back in 2014 (lack of a governing body). However I did advice BCH to be bold and that is happening, there will be a hard fork next month whether or not everybody agrees with it. In the end the best fork will win, like it should be. BTC just refused to be that bold.

>>8895477
>However I did advice
*however HE did advice

>>8895477
why would I care about what mike hearn thinks about Bitcoin, its clear that his opinion was wrong as fuck

>>8895433
> Bcash's value is pegged at ~10% of Bitcoin
> Bcash has ~10% hashrate of Bitcoin
> Bcash has ~10% transactions of Bitcoin
Bcash mindset:
> Bitcoin is a dead man walking

LOOOOL

>>8895549
read this single reply by him

https://www.reddit.com/r/btc/comments/89z483/ama_ask_mike_anything/dwup253/

he was not wrong, he was just outnumbered. just like bitcoin cash is for the time being.

>>8895581
1) "investors" escape to what they think is the safety of BTC during rough times
2) miners take their hashrate where there is profit
3) 99% of those transactions are just related to exchange/trading, not actual usage of bitcoin

i have to leave the thread now but i hope ive planted some seeds, good night

>>8895602
so mike hearn was wrong?

miners want to control the bitcoin name, mike hearn didn't understand that

>>8895549

Mike Hearn used that bullshit AMA to shill his shitty b2b shitcoin, he shouldn't have been given any attention at all