/biz/ - Business & Finance

>>9097104
indoctrination complete.

>The whole fucking world will be put onto the BCH blockchain over time
Did ver already apply to be recognized as security by the SEC or will the US be out of the market once the 10th fork of bcash is done

gook and pajeet shill confirmed. Did ver pay you 100 rupees for this post?

>>9097104
Why would the entire world be on the bcash centralized blockchain? I'll stick with Bitcoin.

>>9097115
>corecucks

>>9097151
Typical bcashies
> Omg the majority disagree with me, everyone is wrong but me!

> The whole fucking world will be put onto the BCH blockchain over time
What a shitty fucking sale. Why didn't you say
> buy, sell high, you'll win dollars
How do you even get paid for this shit?

Op is right, it’s so easy.

>>9097104
Holy shit dude, I've been shilling bcash for months but I don't make such bold claims

Lol at the people who bought Bitcoin in December.

>>9097104
Why are big blocks so difficult for we, the little people to mine? Genuine question

>>9097290
They're not. You just need more storage and bandwidth

>>9097134
>recognized as security
sec is gonna have to change the rules, trying to apply old regulation to disruptive technology never fucking works.

>>9097290
Imagine the blockchain becomes 100 TB. How long will it take to setup a new node (which needs to download 100 TB)?

>>9097327
I thought only full nodes need the whole chain

>>9097270
This. So fucking funny: they thought they were buying bitcoin but they actually brought SegwitScienceFairProjectCoin and their bags will go to 2k while the real bitcoin takes over (all of us neet-aristocrat early adopters still holding both from the fork)

>>9097362
They do, if you're on a pool you don't need a full node. You don't even need the full blockchain either to run a full node and this is avenue is being explored too.

>>9097362
So you're saying it's ok for full nodes to be centralized? Have fun with your centralized insecure chain.

>>9097320
>sec is gonna have to change the rules
I'm not the Sec, but I doubt it will bend over for fantasy internet money

Bcash sucks
>But muh core
Core sucks too.

The fact that your only defence is saying you're better than shit shows how terrible it really is.

>>9097404
>bend over
>realize it is far more than just a security or a currency and regulate it differently sp you have more control
>bend over
this is why you'll never make it anon

>>9097436
What if I already made it, and all I do the whole day is shitposting, triggering faggots, eating pizza and fucking whores?

>>9097104
crashcucks don't realize btcp is the bcrash killer. inb4 muh zksnarks

>>9097327
>1999
>imagine having to download a 160gb file

>>9097402
so in other words bitcoin cash would be okay if 500TB hard drives were available?

>>9097485
How fast do you think the blockchain would grow to 500tb?

>>9097104

This bch shilling has gotten way out of hand since /biz/ was namechecked on reddit dot com r/btc recently.

Unironically the mods should do something about this.

>>9097104
HEY YOU GUYS!

>>9097505
30MB every 10mins so pretty quickly imhos

What do non-mining nodes do that they need Bitcoin to have small block sizes?

>>9097543
>Thinks every block will be a full 32mb

>>9097573
what's the minimum size it could be?

>>9097465
>>9097485
When storage is cheap (because txs are too cheap per byte), the blockchain will get too big with only a small volume of transactions (compared to visa). Let's for arguments sake say that the blockchain has become 100 TB - it would be impossible to achieve decentralization as intended by Satoshi with the blockchain being that size. Unless you're rich enough, you wouldn't be able to download the full node in good-time whilst still being incentivized (profitable).

>>9097509
SHUT YOUR FUCKING MOUTH KID

>>9097602
so you need to download the whole blockchain every 10 minutes? top kek

>>9097327
>...the year is 2087....

>>9097602
100 TB in 10 years will be nothing

>>9097448
Then grats. You should eat better though anon.

>>9097677
>>9097436
>>9097395
WHAT THE FUCK IS MY ID

>>9097602
Wrong you stupid fuck, he knew miner centralization would happen and it’s outlined in the white paper in plain English which so pretty good for a guy going by Nakamoto. He’s certainly beating you on that point

Kill yourself shill nigger

>>9097677
>checked
I haven't had burger and fries for some time
Yeah today is burger day
>>9097689
>boylecap
Just stop touching kids, okay

>>9097590
There is no minimum size restraint on blocks and transactions. However, due to the nature of blocks and transactions, there is a practical minimum.

The smallest transaction I can think of is 61 bytes. It is a transaction that spends an OP_TRUE anyonecanspend output and creates 1 OP_TRUE anyonecanspend output. The smallest block I can think of is 146 bytes. This is the 61 byte small transaction + 4 bytes for block height in that transaction + 80 byte block header + 1 byte for transaction count.

Currently the average is around 83 kbytes. Max so far is around 5MB but it's an outlier. Since 2009, the entire chain is only 159 GB.

>>9098117
i didn't know it was feasible to download 159GB every 10 minutes

>>9098156
Where do you think we will be on internet speed by the time this happens?

>>9098213
apparently it already is if full nodes need to download that much every ten minutes. it's also not possible to make it any faster since the speed of light is the maximum speed of data transfer which we've already reached.

>>9097104
Or you could Be a chad and buy the real Bitcoin Cash and not the Virgin Bitmain Cash

>>9097104
wtf emos still exist?

>https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7

is the shit written in this blog true?

>>9098465
Speed of light limits latency not bandwidth

>>9099601
oh, i didn't think of that.

Bch tx's are rising rapidly, once it goes over btc in tx rate it'll be de facto the fork that matters - what's the point in having "digital gold" if it has no way to making people want to keep it as it has no use. Gold has use. Bits with no function don't.

Is nChain our very own BlockStream?

>>9097382
The real winners here are people holding both Core and Cash coins. They are going to be safe no matter what happens. BHC takes over? they still own 1:1 of the coins, BCH dies? nothing changes for them.

>>9097151
I don't get it, those people cant even afford 1/1000th of a computer yet they should use BCH

>>9099468
Yes. Which is why Bitcoin Cash is the opportunity that it is.

>>9100396
https://cointext.io
https://www.cnet.com/news/kenya-mobile-money-vodafone-mpesa-10-years/

>>9099774

source please

>>9097104
What would Kanye do?

>>9100592
do google reverse image search lazy mofo

>>9100599
Doesnt find shit

>>9100630
If Google can't help you, no one could.

>>9097104
This is the kind of bs air statements Linkies got daily when it was newer.
I wonder why so many fell for it

>>9097104
yeah... I'm not gonna buy right now

U newfags dont realize the fud bch is getting is the equivalent to the fud eth was getting in 2015-16. It will be glorious my cash bros

>>9100788 (Chinese fortune dubs checked)
>U newfags dont realize the fud bch is getting is the equivalent to the fud eth was getting in 2015-16
Or the FUD that DJT got during the election. Being a useful idiot for Bitcoin Core is basically like being the crypto-equivalent of a normie "I'm With Her" drone back in 2016.
The autistic screetching that will be unleashed by the flippening will make the Never Trumpers look like nothing.

>>9100656

what kind of cat is that

>>9101443
A big cat.

<-- I find this very interesting.

>>9101443
the real question is, what kind of reaction is that? opens her mouth and shakes her head (not turning it away), kinda looks like it's not the first time she's being pissed on

>>9097543
>thinks increasing block size is a good scaling solution
kys fag

Cashies strike me as edgy teens enamored with Roger Ver's ancap talk (as well as him being a felon). Have I got it right?

>>9101680
he sold explosives online and got 10 months prison sentence in the US, cry me a river

>>9101717
You're proving his point kek

>>9101717
Your response makes me think I got it right.

>>9097115
>>9097134
>>9097142
>>9097188
>>9097268
>>9097402
>>9097430
>>9101680
>MUH BCASH
>MUH ROGER VER
The absolute state of corecuck discourse. This is how anyone with any sense whatsoever knows you are either a "gig-economy" pajeet or useful idiot brainlet. Enjoy getting having what little capital you have redistributed to the future crypto-gentry, boys.

>>9097402

>>9100592

Craig Wright admitted on stage at his speech last week that he has more than enough money for 1000 lifetimes; He also doesn't take a salary or accept fees for appearing on stage.

Who the fuck do you think is supporting nChain? Craig Wright.

What does Craig Wright want? Bitcoin Cash to be a world currency, thus nChain is nothing like Blockstream.

There is quite literally nothing stopping Bitcoin Cash from achieving that goal now that that Blockstream's ludicrous 1mb speed hump is behind us.

>>9101740
>>9101741
again, cry more. 10 months isn't exactly super long so it wasn't that serious of a crime.

i wouldn't be surprised if Ver didn't even realize that the thing he sold counted as something you weren't allowed to sell.

>>9100788
Quite the opposite. It's been shilled as hard as Link.

>>9102170
now i remember: HE WAS SELLING FIREWORKS

https://www.reddit.com/r/btc/comments/7katqs/roger_ver_was_not_selling_explosives_on_ebay_he/

such danger to society. 10 months was far too long if you ask me.

>>9102170

This was back in the day when ebay and walmart were selling firearms online. It wasn't as big a deal as corecucks make it out to be. He was a scapegoat to an extent.

>>9102234
Exactly, he was the Shkreli of his time.

https://www.justice.gov/archive/criminal/cybercrime/press-releases/2002/verPlea.htm

here's his court case. big part of his crime seems to have been that he sent the fireworks/explosives in the regular snail mail. i can understand the postal service not wanting to deliver envelopes with stuff that can explode.

still think it sounds a little too much to throw someone in jail for 10 months because of it. but i dont have all the details and i wasnt there.

>>9097115
This

>>9102407
nah man
people get thrown in jail for smoking cannabis
sending shit through the mail that could legit explode and seriously injure someone is big
if anything, it shows ver isn't all that smart or isn't averse to being sneaky, deceptive and cheap
which sums up bcash and their shameless circus of shilling perfectly if you ask me

>>9101595
Don't say I didn't warn you.

>>9103303

Even the demented flat earther who believes in the kike prince of Judea and that the world revolves around the sun thinks litecoin is a shitcoin

litecucks BTFO

>>9101660
she stuck her tongue out at first even. definitely not her first time

These shills are getting cringier by the day. You're either literally being paid to shill or actually dumb enough to think you can improve the outcome of your gambling addiction by shilling. Either scenario is sad and pathetic, kill yourself op.

>>9097104
OP, OP, OP, psst, OP, see what I did here?

>>9097104
>the whole fucking world will be put onto the BCH blockchain over time. Not just a currency, or trading tool, or geek projects. The whole fucking world will be on the BCH blockchain. This is bigger than anyone thought possible.

>>9105025
no, anon, you're mistaken. this is totally organic. these are posts made by people who really believe in bch and want to see us all succeed!!!!!!

>>9105025
Can't stop the one, coretard.

>>9097104
>It doesn't matter if you are a full-retard
Clearly.

>>9102200
Your lies are as transparent as they could ever hope to be, anyone convinced by this is a moron.

>>9097104
Your shilling needs to fucking stop. Nobody is this excited over bcash. It's an obvious ploy.

>>9106149
We're excited because it's the real bitcoin finally getting traction on its rightful position, nobody cares about your silly bcash nonsense.

>>9106218
Were you ever this excited about Bitcoin before August 1 2017?

>>9106270
I was excited about Bitcoin right up until core cancelled segwit2x. Then I was very angry, but now I'm thankful, because it took that wakeup call to make me realise how bad things had become, and just how much of a toxic piece of shit segwit was when I studied it in detail.
Before that point in time I had been far too trusting of core, for much the same reasons I imagine everyone else was, they have much the same demeanour as typical linux devs, who are pretty benevolent and well meaning.
Now I know better, the central banks and the old order of the world won't give up so easily, they will be underhanded, they will be nefarious, and they will be relentless, and if Bitcoin is to have a hope of success those of us with the ability to counter them and understand what they're doing can't just sit back and watch, we have to get into the melee.

delusional late adopters like op are the reason why i have yet to sell my bcash airdrop.

>>9106316
>until core cancelled segwit2x
The original actors responsible for the 2x fork called it off. (It also failed on a technical level, you can look it up, it couldn't get past the first 2x block)
>Toxic segwit
Literally why? It saves space and therefore money.

What's wrong with the core devs?

>>9106340
BitMEX, Xapo and DCG dumped everything they had, and you expect us to care about your 0.125? Coretards these days.

>>9106374
>You being in charge of understanding what was meant

He is saying he is waiting for a spike to dump into, and take money.

more cashies trying get rid of their dec bags. nothing to see here, move along

>>9097104
>1 post by this ID
OP come back in the thread and back up your position.

>>9106365
> The original actors responsible for the 2x fork called it off. (It also failed on a technical level, you can look it up, it couldn't get past the first 2x block)
Right, and destroyed their credibility in so doing, just because they're useless assholes doesn't mean core get off the hook, those incompetent reprobates wouldn't have had to try and move the ecosystem forward if core hadn't hijacked and sabotaged it.
> Literally why? It saves space and therefore money.
Breaks the chain of digital signatures, messes with the economic incentives for signature validation, enables lightning which enables a reimposition of bretton woods by central banks using lightning and btc in the place of gold, and running the same old scams they have for hundreds of years. It eviscerates the core promise of the original Bitcoin vision of taking away the power of all that infrastructure, and instead uses it against the world to strength the hold of it.
And that's just the "completely breaks the original Bitcoin vision" aspects of it, letalone the fact that it turns the Bitcoin chain into just another lightning token, of which there are untold billions, and thus massively reduced the unique value proposition thereof, it destroys the majority of the value captured in the Bitcoin ecosystem and entirely replaces it in the Lightning ecosystem.

>>9106340

LOL deluded corecuck detected

Yet another corecuck who claims to not have dumped his Bitcoin (BCH) for $300 in August. That's when I bought all my Bitcoin.

>>9106389
I'm aware of that, and I'm saying nobody gives a fuck.

>>9106440
They are too busy making more of the exact same thread. No arguments, just setting up mother threads for shills.

Additionally this board needs an anti-shill sticky. These bcash shills are becoming increasingly more hostile and desperate. Remember rule 1, shills accuse their detractors of what they themselves are doing.

>>9106506
>you're all shills
>shills always accuse other shills of being shills.
> pay not attention to adam back outright admitting to hiring shill brigades
So what you're saying is at this point you're desperate and you'll do anything to make it stop, right? OK, got it, thanks.
die in a fire.

>>9106457
>messes with the economic incentives for signature validation
Let's start with the meatiest chunk of your technojargon. Define what this actually means, and why it effects you.

Also 'core' didn't have to do anything, the UASF took care of it. And why are you defending a fork that would have literally stopped block production? If everyone had switched to it, it would have been a disaster.

You don't have to do lightning transactions, and the people who do just make it cheaper for the people who don't.

Also you aren't required to use segwit, you can use a legacy address for every transaction.

The whole bank thing is paranoid nonsense. You can't do fractional reserve banking in Bitcoin even with the lightning network. The liquidity issue still isn't perfectly solved, but the network currently works and is decentralized (more nodes than BCH) and it isn't a hub and spoke model. I've even used it to buy the blockstream lightning sticker.

Your arguments are paper thin, come back at me with some workable points.

>>9106556
That's not an admission of hiring anyone, it's a variation on an old saying. You're violence and deception will only last until Roger decides to move on, what's BCH without Roger?

>>9106635
> But segwit is great! Why do you care about that technobabble goy
It's really not, it's shit, and that matters. The objectively weaker security model most of all.
https://www.youtube.com/watch?v=VoFb3mcxluY
>Also 'core' didn't have to do anything, the UASF took care of it.
A) pretending core didn't orchestrate said campaign.
B) pretending it actually had any effect, granting signalling levels for segwit as proposed by core barely broke 35%, and it took the segwit2x bait and switch to get near 95%.
> lightning is optional
If I choke you and then offer to remove leverage for a fee, is my choke optional? Core purposely sabotaged and artificially handicapped the change because it is in the interests of blockstream to do it, that's just a fact and you sound like an idiot even trying to spin this shit at this stage.
> Also you aren't required to use segwit, you can use a legacy address for every transaction.
Like I'm not required to trade on the comex paper gold exchange, and I'm not affected by the fact that paper gold trades outweigh physical at a ratio of 542 to 1. Which is to say not at all.
> The whole bank thing is paranoid nonsense. You can't do fractional reserve banking in Bitcoin even with the lightning network despite the fact that the entire purpose of it is to move the majority of transactions off chain and thus not subject to global audit
I hope they're not paying you much for this, you're doing a terrible job.
> I've even used it to buy the blockstream lightning sticker.
Are they paying you in blockstream stickers? Because that would explain a lot.

>>9106668
> what's BCH without Roger?
Bitch, it's Bitcoin. The properties and attributes of things actually matter, and when they are sabotaged and hijacked into something useless and shitty, there will be a backlash, that's what's happening, and people are waking up.

>>9106506

>bcash
>Shills

You can't even say Bitcoin Cash and you're calling BCH holders shills. K.

>>9106668
BCH is not Roger's coin, you dumb fuck.
Go and check it's github. It has several teams working on it... Some of the github contributors are also from bitcoin's early days too. I'm fucking tired explaining this shit everytime. Roger is only supporting it, the same shit he did back when BTC wasn't forked.

>>9106741
Dude, you just pile more lies on, what's the point in talking to you?

If you could break script for one post I may take you seriously. You clearly don't know anything except what you have been told. I'm done with you, but I'm also declaring victory.

>>9106797
I don't give a fuck what you're declaring, you're just another idiot, or just another shill. Either way, you'll get what you deserve. And I'll leave it up to the lurkers to do their own research and decide who is right.

>>9106832
Exactly, that's what I want too, I.e. victory.

>>9106862
You just keep repeating yourself buddy, ignore the fact that for every claim I've made there's actual evidence, and all your rebuttals have amounted to "totally lying dude omg". I'm through with your carcass.

Do forks of forks exist? For example, Bitcoin Cash Cash.

>>9106981
I meant to make a new thead

Can someone BCH this gif plz

https://i.imgur.com/bwwRYXG.gifv

>>9106981
Technically the 32MB blocks are a "fork" so in a way, yes. There was also Bitcoin Clashic which is a totally different coin, so forks of BCH do exist.

Litecoin is the real bcash.

>>9107097
How deep does the matrix go?

>>9107350

deep down its all atoms bro

>>9106021
Do you really believe anyone at all can imagine a legitimate reason for you fags to be shilling on 4chan all day literally like it's your day job?

Kill yourself mate. It's easy and life won't be getting better anyway if you've gotten to the point of peddling shit to neets on a anonymous board. Think about it.

>>9107948
Well we have to imagine it no? Otherwise we'd have no explanation for your presence.

>>9108144
Keep up the good work shill. Do consider my suicide proposal.

>>9108170
Very well, I accept your suicide proposal. Do send video on the way out.