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File: 78 KB, 1899x949, logo-cash-acceptlargelitecoinround-acceptlargelitecoinround-bitcoin-core-logo-cash-acceptlargecashround-acceptlargecashround-bitcoin-core-logo-cash-center-nyc-atm-u-info-center-bitcoin-core-logo-nyc-atm.jpg [View same] [iqdb] [saucenao] [google]
9134219 No.9134219 [Reply] [Original]

Should i dump my Bitcoin Core for BitCoin Cash?
The core fork feels more like a ponzi scam lately with all what the greedy devs are doing, but BitCoin Cash (BCH) looks amazing with what the devs are doing for the community, as if they're a part of the community and communicating from within our circles.

>> No.9134243

pajeet shill pls die

>> No.9134250

>>9134243
that is not an argument please provide proof of your claims before stating these unbacked fabrications.

>> No.9134256

Prove you own any bitcoin.

>> No.9134259

>>9134219

bcash is paki coin

bitcoin is aryan

>> No.9134267

fuck off faggot shill
bitmain is cancer

>> No.9134272

Short answer: yes

>> No.9134290

>>9134272
thank you for educated answer, you are a courageous man of civil.
i will follow your path now and be grateful.
thank you dear sir thank you kindly

>> No.9134356

>>9134243
>>9134259
CORE
U
C
K

>> No.9134369
File: 445 KB, 2048x2310, 1524897610204.jpg [View same] [iqdb] [saucenao] [google]
9134369

>>9134219
BCash (Bitcoin Cash) is a fork of Bitcoin specifically designed so that Jihan Wu, the owner of Bitmain (the company that manufactures Antminer ASICs) can continue to exploit a mining accelerator called "ASICBoost".

His whole company's competitive edge was eliminated by Bitcoin so they forked off and made BCash instead and are trying to shill all over and convince people it's the real Bitcoin, when it's not

They're doing this with another justification - that an increase in the block size (literally just increasing a constant) is the method to scale, and Lightning Network is not. BCash cannot utilize Lightning Network since they did not implement Segregated Witness (SegWit), but there will be shills telling you that they can, but they really can't and won't

There are all sorts of other supposed benefits to BCash like 0conf which is really just a choice to lower security in favor of speed, same with the block size increase I mentioned above.

It's just a shitcoin trying to ape the real Bitcoin name. Don't let anyone tell you otherwise, nobody with any real technical knowledge prefers BCash.

Also BCash nodes are highly centralized, see pic related. Ignore anyone telling you it doesn't matter, because it does

Everything I said is very important when it comes to the security of the cryptocurrency, but BCash supporters always pretend like these security-sacrificing tradeoffs don't matter at all. Ignore them.

>> No.9134385

>>9134369
i'll rape your family and set your home on fire, blockstream shill

>> No.9134401

>>9134385
Tell me how much control Blockstream has over Bitcoin, go on.... I'm waiting....

>> No.9134435

>>9134385
Here's a great example of a bcash shill

>> No.9134450

>bitcoin core
you can't dump an implementation, i believe you are actually talking about the cryptocurrency known as bitcoin?

>> No.9134466
File: 77 KB, 480x480, 1524505700326.png [View same] [iqdb] [saucenao] [google]
9134466

>>9134369
nice pasta m8

>> No.9134473

>>9134466
>another late adopter thinks his shitcoin is going to take over bitcoin
how many times do you guys have to get your hopes up

>> No.9134483

>>9134466
Yeah, it is pasta, but it ain't wrong.

>> No.9134493

>>9134385
>Loses argument on first turn
>Last page of script: attempt to demoralize

>> No.9134509

>>9134483
yeah but btc sucks ass so i really dont get why you'd argue "anyone with technological knowledge prefers it"

anyone with such knowledge prefers other coins that bitcoin

>> No.9134532
File: 73 KB, 527x937, 1486099943584.jpg [View same] [iqdb] [saucenao] [google]
9134532

>>9134219

To all newfags:
Bcash is a copy & paste of bitcoin, done by the chinese mining mafia and few con artists, trying to get even more rich by marketing and fraud. They own bitcoin dot com, they (still?) own the bitcoin twitter, and try to convince "they are the true bitcoin" when anybody can fork it (that's why there are so many fake bitcoins out there). Bitcoin cash is basically bitcoin with one integer value increased and more asic friendly, no segwit, anti lightning network, etc. Please ignore and let it die, don't fall for the scam.

>> No.9134549

Neither. Both shitcoins that hopefully die this year. Bitcoin is only where it is because it was the first, but compared to newer coins it is shit. BCash isn't anything special either.

>> No.9134565

>>9134369
Image is misleading because ABC nodes are only one implementation of BCH nodes. Also BCH has a smaller percentage of total hash power so of course it's gonna have fewer pools. What percentage do you recon of BTC nodes will fail to be able to run as BCH nodes?

I'm sure ASIC boosts are one reason why Wu likes BCH more. What's the problem with people using technology to secure the network again?

Allowing blocks to grow to meet demand and the free market to allow nodes to compete worked for most of bitcoins life. The decentralisation of nodes has increased since the dawn of bitcoin.

LN requires a malleability fix to fully work. Doesn't need to be segwit.

0conf is only risky with full blocks and RBF which is only present on core.

>> No.9134617

>>9134565
>I'm sure ASIC boosts are one reason why Wu likes BCH more. What's the problem with people using technology to secure the network again?

Oh don't get us wrong there is nothing wrong with this. There is however something wrong with having a company that manufactures said technology to completely monopolise the hashing power of the network.

How fucking gullible do you bcash faggots have to be?

>> No.9134651

>>9134617
Thanks for replying first. My thoughts exactly.

>> No.9134656

>>9134219
This is a fucking awful shill, fuck off and die.

>> No.9134659

>>9134617
curious, very curious, why bcash didn't fork to change the pow algo, amidst all their talk of centralization and censorship, they conveniently ignore the biggest weak point in bitcoin.

>> No.9134715
File: 1 KB, 192x32, pajeet.png [View same] [iqdb] [saucenao] [google]
9134715

>>9134250

>> No.9134766

>>9134219
haha retarded

>> No.9134779

Why exactly should 1 company (Blockstream) decide the whole fate of Bitcoin?
Why everybody blindly just follows their vision on how to scale it?
Basically they're just riding on the laziness of BTC holders who can't be bothered to do research anymore.

>> No.9134806

>>9134779
>assuming BTC holders are anyone else than people that got it for 1$ and normies who heard about it in tv

>> No.9134807

>>9134617
>waaa I dont like free market competition
Bitmain sells ASICs so you can buy one for yourself. Also you could get off your ass and make your own mining hardware.

Look at the pool distributions, BTC has higher percentage of Wu hash right now than BCH has...

What do you think will happen to BTC node distribution when LN starts incentivising people to not use main chain?

>> No.9134810

Why exactly should 1 company (Bitmain) decide the whole fate of Bitcoin?
Why everybody blindly just follows their vision on how to scale it?
Basically they're just riding on the laziness of BTC holders who can't be bothered to do research anymore.

>> No.9134811

>>9134659
Although I too rather support GPU/CPU mining, the argument that ASIC mining is "bad" is not definite.

>> No.9134823

>>9134532
/thread

>> No.9134830

BCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHvv

>> No.9134831
File: 64 KB, 614x409, image.jpg [View same] [iqdb] [saucenao] [google]
9134831

>>9134219
I dumped my forked BCH for more Bean Cash. Best decision of my life

>> No.9134833

>>9134810
I've heard there are 6 teams competing for BCH. The community is much more open compared to Blockstream dictatorship.

>> No.9134839

>>9134811
ASICs aren't bad, but the level of centralization both bitcoin and bcash (to a larger extent) have is a massive problem, one never even touched on by the bcash crowd, because it doesn't align with the vision that the miners who created the coin have for it.

if bitcoin was still 1 cpu = 1 vote, segwit would have been part of bitcoin for months to a year earlier than it was, without a fork, without any drama. mining centralization has become the biggest threat to bitcoin (and bcash) by a long way.

>> No.9134859

>>9134779
Haha, yes, Blockstream decides the whole fate of Bitcoin.... Sounds legit. I guarantee you have not done any research you delusion mislead individual.

>> No.9134871

>>9134833
yeah, and yet bitmain and other miners have the entire final say on bcash. what do you think would happen if any of these "competing" teams tried to fix centralization by changing the proof of work, or removing asicboost?

bcash is the miners response to a big fat no they got for trying to push their own hardfork through, nothing more.

>> No.9134874

When exactly did biz switch from LINK to bcash? Is this the new meme?

>> No.9134890

>>9134874
probably the same group of people just being paid more to create threads about bcash instead of chainlink.

only half joking.

>> No.9134917

>>9134871
Can you elaborate how blockstreams mining Algo is any different from BCH? First time hearing this.

>> No.9134960

>>9134917
it isn't, apart from segwit functionally making covert asicboost impossible, which was something a couple of larger chinese miners were using heavily to give themselves an advantage, and theres nothing wrong with that, the centralization of mining is the real issue.

my point is if bcash wanted to unshackle itself from what they believe to be centralization under "blockstream" or "core" or whoever their boogeyman is, and yet they didn't do anything about the massive centralization of mining inside china, it really undermines their entire principle, until you realize that it's all just smoke and mirrors and the entire point of bcash is to perpetuate asicboost, and to try to give more power to miners, who already have an oversized amount of it.

>> No.9135005
File: 49 KB, 708x348, chrome_2018-04-28_12-28-46.png [View same] [iqdb] [saucenao] [google]
9135005

>>9134917

>> No.9135025
File: 94 KB, 417x516, roger.png [View same] [iqdb] [saucenao] [google]
9135025

>>9134532
I don't think think Roger Ver is trying to scam me... he is already insanely rich.
This debate (small blocks vs big blocks) has been raging for 5 years, and he has contently been on the side of raising the blocksize and keeping user experience good. Only now the debate has been forced to physically manifest into Bcash and BitcoinSegwit
https://www.youtube.com/watch?v=AkbSrmsYJ9c

>> No.9135061

>>9135025
people say he's rich, but there hasn't really been any proof of his owndership of bitcoin in a long while, and there was a period where he had allegedly sold a lot of his bitcoin to buy alts.

it's clear now he owns a huge percentage of bcash, and has tried to buy communities and usernames so he can try to pump it.

whether the end goal for him is financial or ego, it deosn't matter, because it's all political and emotional.

>> No.9135076

BCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASHBCASH

>> No.9135084

>>9134859
https://np.reddit.com/r/BitcoinMarkets/comments/6rxw7k/informative_btc_vs_bch_articles/dl8v4lp/?st=jaotbt8m&sh=222ce783

>> No.9135085

>>9134960
Well, mining centralization and development centralization are 2 different things.
I think the biggest problem is that Blockstream is forcing us to use 2nd layers - which means banks.
Whether Bitmain has monopoly over mining is another issue.

>> No.9135087
File: 137 KB, 645x897, 1657970.1.1405246008.jpg [View same] [iqdb] [saucenao] [google]
9135087

>>9134219
Yes. You seem to hate money so go ahead.

>> No.9135091

>>9135076
wtf i hate satoshis vision now

>> No.9135099

>>9135061
That's the beauty of crypto money - nobody really knows how rich you are.

>> No.9135104

>>9135084
https://medium.com/@whalecalls/fud-or-fact-blockstream-inc-is-the-main-force-behind-bitcoin-and-taken-over-160aed93c003

>> No.9135107

There is not a single reason to limit the blocksize because non mining nodes do nothing

There is no situation where the number of non mining nodes changes the incentives for mining nodes.

>> No.9135108

https://www.youtube.com/watch?v=BX992-HwWtU

>> No.9135114

Let me answer this after bitcoin miners confirmed my medium fee transaction ...
...
...
.. mmmh well come back to me in a week or two

>> No.9135133

>>9134219

>BCH devs
>copy and paste bitcoin code
>make two changes
>one change is so fantastically retarded that it results in crawling to one block and hour then shooting up to fifty blocks every ten minutes until it's forked out

Sounds great lads!

>> No.9135147

>>9135085
>which means banks
no it doesnt, it means slightly less security because you're not finalized, yes, but it's the end result for any blockchain. at some point, with enough adoption, a large portion of transactions will be priced out of the blockchain, and will need consolidating before it's economically viable to include them permanently.

and really, you can't conflate miner centralization with development centralization. development centralization is a mirage. if the community doesn't like a change being pushed, it won't happen. how can you argue development centralization is an issue when bcash itself exists?

mining centralization on the other hand is a much more serious issue, because there is not a zero cost to fixing it, it involves physical posession, physical location, and as shown has the potential to undermine any development centralization or deentralization, because if the centralized miners don't like a decision, they will fork themselves.

>> No.9135152

>>9135099
absolutely, which is why the appeal to authority bcash fans love to use is entirely nonsensical.

>> No.9135157

>>9135025
>implying rich people are somehow more moral

>> No.9135162

>>9134219
Yes do it, I hate these two shitcoins but core must die.

>> No.9135179

> Mining centralisation only in bcash
Like you could mine for shit without chink ASIC in bitcoin.

>> No.9135197

>>9135179
absolutely, but that's the problem. the biggest clue is to look at the trends. the overall trend in crypto since the problems with bitcoin's miner centralization started showing, was to move away from proof of work.

new chains were started with no mining at all, existing proof of work chains looked into transition into proof of stake, and today it's significantly harder to find any large crypto that actually uses mining as a core component. the ones that do, are fighting against the same companies that were involved in bcash's inception, that are trying to build asics, and further centralize hashing power.

>> No.9135211

>>9134401
Complete 100% control over your mind corecuck

>> No.9135225

>>9135211
Read this article brainlet, then tell me what you think: >>9135104

>> No.9135238

>>9135147
>no it doesnt, it means slightly less security because you're not finalized
I mean with LN you're pretty much forced to join a "hub" that has built links a lot of entities. Is it that much different from a bank?
>but it's the end result for any blockchain
But what if it's not. What if big blocks are feasible when taking into account the pace of technology advancement? (hard drive capacity and network bandwidth). At least for me it makes much more sense than unnecessarily complicating things.

>> No.9135241

>>9135211
do you guys realize how ridiculous you sound shilling for a more centralized coin and saying things like this?

>> No.9135273

>>9135238
no, you're not, the whole point of the "network" in lightning network, is that why a node with more connections receives more throughput, obviously, you do not have to join one, only one where a path exists between sender and recipient.

and you dont seem to understand the core principles of blockchains if you think that. the closest you can get is with sharding the blockchain, but that itself has significantly dangers if done incorrectly.

there simply isn't a technically feasible way to have a single blockchain that can serve a massive amount of transactions while being decentralized enough to have enough users running their own nodes who are not financially incentivized to do so.

>> No.9135279

>>9135273
is that while a node*
significant dangers*

>> No.9135284

>>9135238
>pretty much forced to join a "hub" that has built links a lot of entities. Is it that much different from a bank?
Holy shit that is delusion.

>> No.9135303
File: 328 KB, 1069x386, asicbust.png [View same] [iqdb] [saucenao] [google]
9135303

>>9134369
>>9134617
Halong Mining is an new competitor to Bitmain, they're developing the DragonMint ASIC.

https://halongmining.com/blog/2018/03/07/dragonmint-btc-miner-uses-version-rolling-asicboost/

Oh yeah, it also uses ASICBoost. This ruins the 'Bcash is all about Jihan Wu and ASICBoost' narrative, but that doesn't seem to stop you from copypasting such bullshit.

>> No.9135319

>>9135284
Please elaborate. If I want to go to a coffeshop for the first time and pay, I would have to open an online link with them and keep some of my bitcoins in that link.
This is a frustrating process so most people out of convenience would join big hubs that already have created a link with pretty much all stores in the city.
Am I wrong?

>> No.9135327

>>9135303
overt asicboost was never a problem, only when they felt threatened did bitmain try to patent it, prevent other people from using it, and force a hardfork to keep it alive.

mining decentralization is obviously a good thing, but more asics from china is not decentralization.

>> No.9135349

>>9135319
talking to bcash idiots is like talking to a brick wall.

it's a network, just like bitcoin is. you don't need to connect to a miner's node to send a transaction do you, no, because it's routed through the network until it hits a miner's node. once you open a lightning channel, you would be able to send money to almost everyone on the network. yes, it would go through large hubs, but so does your pre-signed transaction today on the bitcoin network. nodes could not relay it, and it would simply find another route.

>> No.9135372

>>9135273
>there simply isn't a technically feasible way to have a single blockchain that can serve a massive amount of transactions while being decentralized enough to have enough users running their own nodes who are not financially incentivized to do so.
Big blocks do not solve this? I understand that if BCH grows too fast and gets VISA level transactions per seconds, then the only option is to use expensive server hardware with todays technological development. But the more realistic scenario is that the scaling grows gradually and eventually normies are able to afford hardware that can run nodes thanks to technological advancement.

>> No.9135374

>>9135349
>talking to bcash idiots is like talking to a brick wall.
Pretty much.

>> No.9135406
File: 125 KB, 1391x1056, 425BFEA4-D25A-4A78-A059-A61A260EEFE7.jpg [View same] [iqdb] [saucenao] [google]
9135406

>>9135374
>bcash idiots

You know Craig Wright (Satoshi Nakamoto) started this entire industry, right? Pretty sure he knows what he’s doing.

>> No.9135407

>>9135372
you're just vastly overestimating the technology. the blocks would need to be in the gigabytes in order to serve the global market, and even then, at peak times, you would still be waiting for multiple blocks, because those with more money could easily price you out.

all second layers are doing is catching all of those transactions being priced out, and giving them another place to post transactions, temporarily, until they can be finalized on the blockchain. its obviously not preferable to settling them directly on the blockchain, and sure, a larger base block size on bitcoin would help congestion, but only temporarily.

at some point, we need more than capacity, we need scaling, which is what second layers, signature "compression" (schnorr), etc, is all about. technological advancement simply won't be there for on-chain scaling, because the amount of duplication in blockchains is unprecedented, and makes scaling one nothing like scaling say, the internet, or the telephone lines.

>> No.9135426

>>9135406
HAHAHAHAHAHA HOLY FUCKING SHIT THE DELUSION! YOU ACTUALLY BELIEVE (((CRAIG WRIGHT))) IS SATOSHI!!!! TOPKEK LAD!!!

>> No.9135431
File: 1.99 MB, 332x215, 1522406829769.gif [View same] [iqdb] [saucenao] [google]
9135431

>vast majority of crypto trading world uses BTC pairs
>thinking BCH is going to cause a flippening because it has bigger blocks

MFW

>> No.9135448
File: 59 KB, 500x500, beyondmad.jpg [View same] [iqdb] [saucenao] [google]
9135448

>>9134290
>>9134369
>>9134532
>>9134831
>>9135133
Fuck you false flag shill and regular shills. There is a special place in crypto-hell reserved for your kind.

>> No.9135454

>>9135426
Nice argument. It’s literally been confirmed by Satoshi’s known associates. But keep denying reality, brainlet boy.

>> No.9135467

>>9135407
But for now we would be completely fine with 8mb and upcoming 32mb blocks. I think it's not irrational to presume that 1 gigabyte or even 1 terabayte blocks are not feasible in the near future without centralization.

>> No.9135468

>>9135448

You've not given an argument but you do seem upset

>> No.9135489

>>9135454

He claimed to be satoshi and fucked up the proof. Only cocksuckers with tertiary syphilis that forced satoshi to go into hiding said that he was.

>> No.9135747
File: 301 KB, 1511x1481, segwit.png [View same] [iqdb] [saucenao] [google]
9135747

>>9134369
Real story behind segwit.

>> No.9135767
File: 1.27 MB, 1098x1086, 1524850401303.jpg [View same] [iqdb] [saucenao] [google]
9135767

>>9134509
Wrong. K-rad eleet script kiddies who think they understand, but don't actually understand blockchains are just stupid.

>> No.9135777
File: 42 KB, 1168x326, therealthing.png [View same] [iqdb] [saucenao] [google]
9135777

>>9134532
Bcash is a stupid name fuckwits use to refer to Bitcoin (BCH). Bcore (BTC) is a poisonous attempt to hijack Bitcoin and turn it into a shit tier settlement layer for international banks with a centralised and controlled second layer that said banks can parasite off the economic activity within.

>> No.9135805
File: 2.03 MB, 2160x3840, 1524895425825.png [View same] [iqdb] [saucenao] [google]
9135805

>>9134859
I guarantee you have not done any research, brainless cunt.

>> No.9135834

>>9135197
> it's significantly harder to find any large crypto that actually uses mining as a core component.
Of the top 10, 5 are mined, 3 aren't even live, and 2 aren't even blockchains.
You are an idiot. Proof of stake does not work, and may well never work, Vitalik has been failing at it for a long time now and he's a smart guy, and yes I'm aware of Hoskinson's paper, and I'm still not convinced. Let's actually see POS securing large market caps before it can be called anything but a pipedream.
Mining dominates blockchains in production high market caps right now, that's it, end of fucking story, deal with it.

>> No.9135844
File: 126 KB, 811x741, lightning-network-nodes-feb2.jpg [View same] [iqdb] [saucenao] [google]
9135844

>>9135241
> more centralised
neck yourself cunt brain.

>> No.9135858

This is right outta r/bitcoin, i'm not even joking:

>My theory: This is a new FUD campaign (just hear me out)... The current FUD campaign (claiming "BCH is the real Bitcoin") is coming to an end. Even if the calls for a class action lawsuit against bitcoin.com's fraudulent nature don't pan out, the community has been vocal enough to put a huge damper on their efforts. But let's remember one very important thing about the ones we know as "The Others(ub)": Call them what you may, but they can take a beating 'til they're black & blue, and yet they have always lived to fight another day (albeit with a re-imagined "face", and a completely different fighting style).
>My hypothesis: This new campaign is an attempt to make the r/bitcoin community look petty, mean, and immature (and in effect, causing newbies to venture over to the Others(ub) to see what they're all about (a.k.a.- bad publicity is better than no publicity).
>This attempt is sneaky, and I've got to hand it to them: Smart! Not only will they have their own legions of shills to upvote these posts to the Front Page of r/bitcoin; there will also be a vast number of "true" r/bitcoin subscribers helping them along just to spite the Others(ub) (and ironically, their/our own face). Think about it: if you were a n00b, ignorant to the reasons behind the BTC vs BCH debacle, and you went over to the BTC side only to see the Front Page filled with these kinds of posts, you'd probably go over to the Others(ub) based solely on the childish & borderline-bullying nature of this shit!

>> No.9135891
File: 383 KB, 1406x1000, 1518543527331.jpg [View same] [iqdb] [saucenao] [google]
9135891

>>9135273
There simply isn't a technically feasible way to get users to do what they shouldn't have to do, well, great fuckwit, that's awesome, who cares? Can you run NNTP servers or large scale SMTP servers? Why aren't you running your own SMTP server? You know the majority of email is plaintext, where's your cypherpunk cred you weak brained vomitous mass.
The network is robust in it's unstructured simplicity
Not a fucking accident.

>> No.9135899

>>9135747
this will be ignored by corecucks

>> No.9135902

>>9135431
BCH will cause a flippening when it kills BTC >>9135767

>> No.9135921

>>9134219
Dump Bitcoin Core and buy some Bitcoin

>> No.9136347

>>9135805
>government regulated hubs
This is the same as arguing that cryptocurrencies won't succeed because they will be government regulated. It doesn't matter if lightning channels are government regulated or not because people can open them with or without government approval. That is true decentralization.

All that matters is that LN transactions are about 600,000% faster than Bcash TXs (not an over exaggeration) and just get cheaper and cheaper the more people get on board.

>Successful testing of GB blocks.
No one has successfully tested GB blocks, and they have no chance of succeeding in a way that won't completely centralize the coin.

The Reddit brainlet completely misses the point of using 1 MB blocks and probably doesn't even know what nodes are and what purpose they have.

>> No.9136403
File: 58 KB, 437x421, timdfpland.jpg [View same] [iqdb] [saucenao] [google]
9136403

32 MB blocks coming soon.

>> No.9136446
File: 13 KB, 128x88, ancapball.jpg [View same] [iqdb] [saucenao] [google]
9136446

>>9135747
>>9135767
>>9135777 (checked and kek'd)
>>9135805
And from the shadows, a hero bearing crypto redpills emerges.

>> No.9136523
File: 320 KB, 1080x2220, Screenshot_20180428-013002_Chrome.jpg [View same] [iqdb] [saucenao] [google]
9136523

>>9134369
O yeah, BCH is so centralized. Fuck off you copy pasta faggor

>> No.9136539

>>9134532
that woman's body is so unattractive

skinny, with fake boobs, no ass

>> No.9136570

>>9135844
stay mad late adopter. you think bcash's core network is more decentralized than bitcoin? get out of your little circlejerk bubble once in a while.

>> No.9136582

>>9136523
is your picture shoring bcash being massively more centralized that bitcoin, and a lot of alts, supposed to show that bcash isn't centralized?

>> No.9136593

Yes do it and stay poor forever

>> No.9136639
File: 160 KB, 1003x578, paidshills.png [View same] [iqdb] [saucenao] [google]
9136639

>>9136347
> This is the same as arguing that cryptocurrencies won't succeed because they will be government regulated. It doesn't matter if lightning channels are government regulated or not because people can open them with or without government approval. That is true decentralization.
Which takes the problem of the state from "everyone in the entire world can now trade directly with each other" to "people and their friends and social network can trade directly with each other". Yeah, exactly the same thing.
> All that matters is that LN transactions are about 600,000% faster than Bcash TXs (not an over exaggeration) and just get cheaper and cheaper the more people get on board.
Irrelevant, they're a completely different thing, they're just another visa / mastercard / paypal option, and Bitcoin only needs to be fast enough to work within 500ms or so, and that's exactly what the dev teams are targeting. Faster than that is just pointless dick measuring.
> No one has successfully tested GB blocks, and they have no chance of succeeding in a way that won't completely centralize the coin.
Wrong shit for brains https://news.bitcoin.com/gigablock-testnet-researchers-mine-the-worlds-first-1gb-block/ and it doesn't centralise the coin because any miner anywhere on the planet that can handle the laughably light load of 13.33mbps can mine that chain, that's not even impressive for a residential connection.
> LOL U FROM REDDIT MY SHIT NODE IS HELPING
The point is to hijack brainless fuckwits like you who accuse others of being from reddit whilst using reddit spacing of not understanding how nodes work, when I understand perfectly well non mining nodes are just relay cables to the central processing hub of mining nodes, and are of zero consequence beyond that, and to act as obedient shills for blockstream, paid or unpaid depending on how intelligent they are.
I guess you're not getting paid, because you're doing a shit job.

>> No.9136666

>>9136582
You're a fucking brainlet if you think BTC is any more decentralized than bch. They both use the same miners which are majority in china. At least BCH will have a lot of western miners once Ayre and McAfee finish their mining farms

>> No.9136689

>>9136446
For the cause, fellow based ancap, we'll fuck these statist scum authoritarian assholes and their transparent hijack attempt yet.

>> No.9136708
File: 495 KB, 1176x1000, 1419872296980.jpg [View same] [iqdb] [saucenao] [google]
9136708

>>9135844
>8 posts by this Id

>> No.9136714

>>9136666
they managed to fight away segwit 2x. do you really think bcash has any hope at fighting the miners on the very coin they created?

>> No.9136720

>>9136708
At least he's not switching id's like corefags with their sock puppets

>> No.9136724

>>9136666
Honestly people are so stupid about mining centralization. Even if you block ASIC's, economies of scale will always exist. There is no algorithm you can pick that makes economies of scale no longer exist. This is the fundamental problem with mining centralization, not what kind of fancy circuit boards people are using.

>> No.9136726

>>9136570
Well it doesn't have this fucking abomination so yeah, it's at least not that fucked from the beginning. And even if some fucker manages to shoehorn it in, it will have to compete with a chain where throughput is not artificially restricted, meaning it will have to offer actually tangible benefits rather than getting a free ride courtesy of one sad neckbeard's chronic inferiority complex and abject inability to admit he is wrong as outlined in >>9135747

>> No.9136735

>>9136714
Just kys. Your arguments are pathetic.

>> No.9136739
File: 3.79 MB, 320x183, BCHPLS.gif [View same] [iqdb] [saucenao] [google]
9136739

>>9136708
I'm alright with those odds, these fuckers don't have anything approaching an argument.

>> No.9136749

>>9136714
> fighting the miners
the miners secure the chain and protect the coin from cancerous ignorant cunts like you and your shit tier blockstream takeover attempt

>> No.9136753

>>9136726
>from the beginning
since what has LN been there from the beginning?

come back in a couple of years and compare node counts after bcash has inflated their blocksize a few times, if anyone's left still mining it.

and you really expect people to read and take seriously the opinion of someone who for almost all of bitcoin existence was entirely against and misunderstood the entire tech?

but of course now there's solid drama against bitcoin they're suddenly an opinion worth listening to, as is typical for bcash "supporters".

>> No.9136759

>>9136749
>takeover attempt
yeah, because we should just let the chinese miners control development and mining. wow, you've solved everything!

>> No.9136764

>>9136735
why are bcash followers always so mad when you point out how utterly out of control they are of their own coin?

>> No.9136800

>>9136764
Why are btc core followers so threatened by bch that they have to attack it at every chance they get. They seem really salty that a big chunk of the bitcoin community wants to try scaling with big blocks.

>> No.9136885

>>9136759
I'm a miner, and a developer, I'm not chinese, and I don't control development or mining in general aside from my small share thereof.
You have no idea how any of this shit works and are just spewing shit you don't understand.

>> No.9136897

>>9136800
Because it's going to actually kill them if it gets price action against them and there's nothing they can do about it. That's pretty threatening, completely wiping out the ledger.

>> No.9136901

>>9134250
>look how calm i react
>obviously the critics are all just ranting raving cunts
>pls buy bcash, sirs
fuck off, cunt.

>> No.9136981
File: 47 KB, 1467x512, Screenshot-2018-4-29 fork lol.png [View same] [iqdb] [saucenao] [google]
9136981

>>9136897
literally this
why do you never hear corecuks complaining about gold or diamond or whatever the fuck other bs fork these days? because those forks are completely dead in the water and non threatening
BCH get's attention because it's a threat, and people realize this
if they weren't scared of him, no-one would even know who tf Ver is

>> No.9137042

>>9136800
this coming from the people massively spamming everywhere trying to trick people into thinking bcash is the "real" bitcoin?

i personally don't give a shit about it, but i enjoy calling out late adopters who are actually buying this airdropped coin from early whales and chinks.

>>9136885
you clearly don't understand the origins of the coin you're shilling then. don't listen to other people.

>>9136897
embarrassing

>>9136981
all these "forks", or more accurately airdrops are about as relevant as each other, the only difference is i stand to make a few extra zeros when i eventually unload my bcash, than when i unload my bgold, or bprivate, or bdiamond, or whatever other airdrops come out of these opportunists.

>> No.9137059

>>9137042
>all these "forks", or more accurately airdrops are about as relevant as each other
then why are there like 50 BCH threads on /biz/ and zero BTG/BTD/BTX/BTY/BTZ etc threads?

it's because one is more relevant than the others

>> No.9137088
File: 52 KB, 720x1280, Blockfolio 25-04.jpg [View same] [iqdb] [saucenao] [google]
9137088

>>9134219
>Should i dump my Bitcoin Core for BitCoin Cash?

I dumped my btc already at 17.3k corecucks who still hold bitcoin can't see an opportunity when it is presented to them

>> No.9137107
File: 430 KB, 1583x2048, Why Bitcoin Cash Is Surging.jpg [View same] [iqdb] [saucenao] [google]
9137107

>>9135273

>there simply isn't a technically feasible way to have a single blockchain that can serve a massive amount of transactions while being decentralized enough to have enough users running their own nodes who are not financially incentivized to do so.

1mb corecuck hasn't realised it's not 1995 and that modern home PCs are powerful enough to have at least 250mb blocks without any significant investment.

>> No.9137117

>>9137042
I understand the origins just fine >>9135747
, having mined and held for a long fucking time and being righteously pissed off at the bullshit core and associated retards have pulled on Bitcoin.
I'm not shilling anything, I'm correcting coretard propaganda. You don't like it because you're spewing coretard propaganda, but I don't care what you like and think you're a load that should've been swallowed.

>> No.9137178

>>9137059
you haven't noticed the obvious shilling? there was maybe one thread a day at most a month ago, now suddenly everyone is so interested in it, on 4chan, on twitter, on reddit. but that's probably completely natural, of course.

>>9137107
>significant investment
yeah, its only 36 gigabytes a day, or 13 terabytes a year, which all has to be synced and transferred constantly to new nodes. i guess bitcoin was never meant to serve those in poorer countries, peer to peer cash, sorry, server to server cash, for those on stable broadband only.

>> No.9137186

>>9137117
do you even understand who the guy making that post is, or are you that late to the game you don't?

>> No.9137247

>>9136639
>Which takes the problem of the state from "everyone in the entire world can now trade directly with each other" to "people and their friends and social network can trade directly with each other". Yeah, exactly the same thing.
What the fuck are you even trying to say? Please present a clear, concise argument and not just mindless bumbling.
>Irrelevant, they're a completely different thing
It is not irrelevant whatsoever. After you have taken the necessary steps to get your lightning channel working, you will be able to perform all the functions as on 1st layer. Saying that they're a "completely different thing" is retarded because in the end you can just broadcast your balance to the blockchain and you will have exactly the same outcome as if you used a conducted a first-layer transaction. Transaction speeds are very relevant if you want to compete with Paypal/Visa and if you want a "peer-to-peer electronic cash system" or whatever cashies are spouting nowadays.
>13.33 Mbps
31557600 seconds in a year x 13.33 Mbps converted to Gigabytes is 52582.875 GB. That’s 52582.875 Gigabytes of data that you would have to download just to run a full node for after a year assuming that blocks were full. So decentralized XD
>I don’t know what nodes do and muh blockstream shill
The whole Bitcoin network comprises of nodes. They don’t even necessarily have to "do" anything for them to be making a big contribution, since they form the bare-bones structure of the network. When you have 1 GB blocks and you can’t run a node for shit, then the network will just end up getting smaller and smaller and will be controlled by big corporations who can afford storing 52582.875 GB of data per year. That is the whole node argument that you don’t seem to understand.

>> No.9137269

>>9137186
Yes, I know who he is, and I disagree with him strongly regarding his conclusions on cryptocurrencies, he has never been technically wrong in the details of discussing it though. He may be a statist but the guy has intelligence and integrity, more than can be said for you. He is plain old right, it's that simple.

>> No.9137342

>>9137178
>what is a SPV node

>> No.9137348
File: 351 KB, 1920x1620, blockchain reloaded.jpg [View same] [iqdb] [saucenao] [google]
9137348

>>9134219
i've changed 90% of my BTC to BCH.

will dump the rest if the ratio ever becomes 1:10 again (I doubt it tho).

>> No.9137377

>>9134369
>he thinks non-mining nodes matter

oh no no no no no
HAHAHAHAHAHAHAHAHAHAHA

>> No.9137381
File: 248 KB, 900x516, 1524150634838.png [View same] [iqdb] [saucenao] [google]
9137381

>>9136347

>lightning channels are government regulated or not because people can open them with or without government approval
LOLOLOL yes goy you can totally open a lightning channel up without government approval with your cryptobank instead of just sending an onchain Bitcoin (BCH) transaction.

>LN transactions are about 600,000% faster
ROFLMAO 600,000% faster than the speed of light goy

You're not fooling anyone with these moronic arguments you stupid fucking kike.

>> No.9137387
File: 352 KB, 1684x902, gcbu.png [View same] [iqdb] [saucenao] [google]
9137387

>>9137247
> What the fuck are you even trying to say?
If you have to route your payments to strangers through hubs, they can be parasited on at the hubs, which is how states work. If there are no hubs and everyone is one to one, there's nothing to parasite on and states die.
> It is not irrelevant whatsoever. After you have taken the necessary steps to get your lightning channel working, you will be able to perform all the functions as on 1st layer.
Except send a payment directly to a person who you don't have a direct route for, brainlet.
> you will have exactly the same outcome
No you won't brainlet, pic related.
> I don't know what chain pruning is waah
Why am I unsurprised.
> 52tb a year for that block size!
Only if absolutely every block were entirely full, that's not how things actually work. And 52tb is fuck all.
> That is the whole node argument that you don’t seem to understand.
No, you don't understand, people that have incentive to run nodes will run nodes, and people that don't have incentive to run nodes won't run them, the budget for a crypto exchange or merchant processor, handling the nodes to run with 52tb per year is financially laughable compared to how much they make off their operations, and therefore they will ensure that infrastructure is available for use so they stay in fucking business you brainlet halfwit cunt.

>> No.9137404
File: 45 KB, 610x610, SKY7.jpg [View same] [iqdb] [saucenao] [google]
9137404

>>9137348
Only reason for holding BTC would be to buy more altcoins

>> No.9137410

>>9134532
>to all the newfags
>thot posting

The Pajeet is you, friendo. Enjoy your dying chain.

>> No.9137411
File: 1.73 MB, 480x240, 1511535818285.gif [View same] [iqdb] [saucenao] [google]
9137411

>>9135303
>He doesn't know about the defensive patent.

>> No.9137417

2kay in 2day

>> No.9137457

>>9134830
Imagine having Bitcoin Cash live THIS rent free in your mind.

>> No.9137480

>>9134839
Segwit is the antithesis of blockchain.

>> No.9137486

>>9137178

if 250mb blocks were getting filled we would all be extremely wealthy. Bitcoin Cash holders I mean, obviously. That day is coming though, although kikestream has slowed it down by a few years, it will still come.

Bitcoin Cash is the real Bitcoin.

>> No.9137521

>>9134960
BCH was mostly to avoid Segwit and uncripple the chain and actually scale. More efficient mining was just a bonus and helps to silence environmentalists to a degree.

>> No.9137531
File: 106 KB, 1160x870, 3d (912).jpg [View same] [iqdb] [saucenao] [google]
9137531

>>9137486

this

the corecucks will never get it

they have small dicks and want to force their frustration on to the world via a shitty 1mb block fork of the original bitcoin

>> No.9137575

>>9135349
So instead of opening up an account with my local well connected (((hub))), I can just use Cash. Got it.

>> No.9137597

>>9135777
>shit tier settlement layer for international banks with a centralised and controlled second layer that said banks can parasite off the economic activity within.

Trips of absolute fucking truth

>> No.9137983

>>9136689
It's blatantly transparent too, that's why there are so many newbies asking the correct questions and realising the truth very quickly. This whole thing is already over, the writing is on the wall. The people have won and will be readily compensated!

>> No.9138005

>>9137575
>(((hub)))
Mutisig wallets are a jewish conspiracy now. Ok.

>> No.9138022

>>9134219
This threads are great. Let me lay it out very simply for you dumb cashies. If bcash hasn’t taken over btc yet, including the time miners flipped hashpower to bcash to try and kill btc, which didn’t succeed, BCASH WILL NEVER BE BITCOIN you dumb fucks roger ver is a crook with 0 development team you dumb fucks. Upgrading the block size will not do shit because no one will ever use enough of the network to fill the blocks on bcash’s scam

>> No.9138034

bitcuck core supporters go back to plebbit.
This is a bitcoin cash community.

>> No.9138052

>>9138005
When they are required and the only way to carry out global commerce is to be well connected with massive amounts of capital, yes. Meanwhile a multisig on BCH cost basically nothing to create and not even required for commerce. Enjoy your LN altcoin though.

>> No.9138070

Regarding complete lack of anything approaching an argument, is it better to just call people like this brainlet faggot and instruct them to kill themselves or completely ignore them? I wonder what's more effective in keeping their useless mouths shut. >>9138022

>> No.9138081
File: 82 KB, 842x792, 1524148308230.png [View same] [iqdb] [saucenao] [google]
9138081

>>9138022
>markets adjust overnight

>> No.9138119
File: 102 KB, 1456x1133, bitcoin biz transparent.png [View same] [iqdb] [saucenao] [google]
9138119

>>9138052
>Enjoy your LN altcoin though
Bitcoin won the fork, bcash lost. Bcash is now an altcoin by definition.
Tough shit if you don't like it.
The rest of your post is just straight up lies.

>> No.9138205

>>9138119
>The rest of your post is just straight up lies.
Its not, but I wouldn't expect a brainlet like you to understand how LN works.

>> No.9138246

>>9134532
/thread

>> No.9138268

>>9138205
It is. You're a fucking liar.

>> No.9138277

>>9137059
Top kek.
The "muh Bcash" shills never have an answer to this. It's like asking Stacy "why do you keep talking trash about your boyfriend if you're over him."
The answer, of course, is because she's afraid Chad is going to get with Rebecca.

Insecurity. Pure and simple.

>> No.9138302
File: 9 KB, 263x322, Toilet_brainlet.png [View same] [iqdb] [saucenao] [google]
9138302

>>9137059
>then why are there like 50 BCH threads on /biz/
LMAO gee I dunno pageet
A brainlet shill campaign during a pump is always a buy signal right!???

>> No.9138415
File: 22 KB, 634x236, Screenshot_2018-04-28_03-16-09.png [View same] [iqdb] [saucenao] [google]
9138415

>>9136666
checked

>> No.9138488
File: 2 KB, 125x125, jihan.jpg [View same] [iqdb] [saucenao] [google]
9138488

>>9136666
>mfw digits

>> No.9138501
File: 42 KB, 780x517, pajeet.jpg [View same] [iqdb] [saucenao] [google]
9138501

>>9134243
Stay poor while India becomes the world's next superpower.

>> No.9138848

Bitcoin Cash is the true bitcoin.

>> No.9138965

>>9138022

Bitcoin Cash is Bitcoin though, it was never about becoming Bitcoin, it is Bitcoin and has been since the Gensis block in 2009.