/biz/ - Business & Finance

Literally no one calls it bitcoin core

>>9470820
Kek nice.
Holy shit they're out of touch.

>>9470866
you just did

>>9470820
Ok that video was funny (except the slowed down part at the end), but lightning is ready now, and bitcoin on-chain fees are about 1 cent, so fake news. Wake me up if the fees ever spike to unusability again.

>>9470866

Too right. It's mostly referred to as bcore, as it definitely is not Bitcoin.

>>9471570
Wake me your CEO admits LN is not for profit and can scale.

He admitted the opposite of both.

Kys.

>>9472059

rip bcore

What is Bcore? Is paying Rodger the Doxer good money?

>>9472059
You're a fucking moron, and disingenuous. Honestly you're the one that should kill themself. People would miss me.

>>9472199
Roger*

Spell his name with respect.

I think bcore is a coin similar to segwitcoin, blockstreamcoin, reserved fractional banking lightning coin etc

>>9472294

angry corecuck has no arguments

I love Bitcoin (ticker: BCH)

>>9472580
I presented my arguments you idiot, you responded with lies and taunts, so fuck you. civility gone.
>>9471570

>>9472619

>lightning is ready
lol
>Fees are low
Yeah because everyone left

>>9472631
>Yeah because everyone left
so you admit they are low? thats a new one.
>lol
BcAsHiE HaS nO ArGuMeNtS

>>9472619

>>9472619
>arguments

Arguments for the product that is meant to be sold for profit and can't scale.

No, people won't miss you because your are retarded enough to make arguments for a product in which the CEO admits can't even scale.

Go back to Visa. Kys, again.

how do we beat dogecoin

>>9472704
>reddit spacing
>one of *those* people this entire thread
>Thinking bitcoin has a CEO

>>9472631

>>9472619
If lightning is ready then why arent we using it

>>9472749
>LN ins't Bitcoin
>LN has a CEO

Kys x3.

>>9472302
No respect for a fat fingered idiot who bullied and doxed some NEET for his own incompetence. So much for decentralization.

>>9472852
Good question, why not try it?

>>9473018
>thread goes silent

>>9473211
I..IT DOESNT WORK COREKEK
> soul eats away slowly inside as the realization creeps in that Bitcoin is completely fully functioning

>>9473018
I don't understand why you want lightning it's not a blockchain

>>9473526
all the payments are ultimately settled on the bitcoin blockchain. Its not a blockchain by itself, but it utilizes blockchain and wouldn't exist without it.

>>9473556
why not do it on chain

>>9473018
What merchants are accepting Lightning Coin?

Bitcoin (Cash) has low fees and can scale. Lightning coin can't do both. See Adam's Back quote again.

Kys x4.

>>9473018
I tried it but my stupid wifi blipped out for a second and my channel closed. Lost 2.2 BTC, kek. I guess that's the price I pay for decentralization. Now I keep a raspberry pi full node with battery backup online 24/7 connected to Blockstream satellite so I don't lose any more money. I still get about 75% payment routing failures routing to my central hub but its more decentralized this way.

>>9473564
because itll become impossible for a normal user to run a full node with 32mb blocks if they wanted to, leading to risk and potential centralization

>>9473564
Because he bought in November after hearing about BTC on Buzzfeed.

>>9473581
what merchants accept bitcoin cash outside of some piece of shit coffee shops that Roger Ver marketed it to in Japan?

>>9473585
it's impossible to run a mining node now anyway
what do you mean by potential centralization?

non mining nodes can't affect what the miners want to do on btc or bch

>>9473585
Poor people can't run a full node.

What risk?
How is on-chain centralized?

>>9473605
100k+ on Bitpay

>>9473646
bitpay isn't a merchant. bitpay also accepts bitcoin too.

>>9473564
I can send 100 one cent transactions for the same price as sending one 1 dollar transaction on chain. Also it saves space by the same factor.
>>9473595
2012
>>9473581
BCH can't scale they kicked 18% of the nodes off the network yesterday with their 'planned' hard fork.

>>9473671
He didn't say "bitpay" he said 100k - on bitpay. 100K merchants.

>>9470820
Question biz would you rather look like that neckbeard bitcorn guy and have thousands of btc or be yourself

>>9473676
that's only because core limited the blocksize which there is no justification for >>9473615

all onchain bch transactions will be in the next block for 1sat/byte

>>9473681
okay, so what are the huge merchants that are accepting bitcoin cash, specifically? and more specifically, which big ones are accepting it instead of bitcoin?

>>9470820
Can somebody give me a quick rundown on how blockstream gained control of bitcoin code? Doesn’t make a lot of sense to me and I genuinely despise them and fully understand jihans vendetta against them (still haven’t switched sides though)

>>9473676
You literally have to do 600 transactions on the lightning network before it becomes better than just doing BCH on-chain transactions. On top of that you must download to download the entire blockchain, run a full node, and risk losing funds.

>>9473723
Basically any of them that accept BTC accept BCH. expressvpn is probably the most relevant merchant I know of, steam will come back eventually too.

>>9473671
100k+ merchants accept BCH via Bitpay. How is that non accepting BCH as a merchant?

If merchants accept BTC via Bitpay then what's the point of LN? Oh yeah, cripple BTC via small blocks in order to sell LN for profit, as stated by Adam back, LN can't scale, as stated by Adam Back again.

>>9473676
Yeah, 18% of non-mining nodes like yours, which add absolutely nothing. Your node doesn't confirm transactions, so it's worthless.

The loss of 18% of non-mining nodes is good. Getting rid of the waste who only claim to have nodes in order to shill Lightning coin.

Kys x5.

>>9473745
they haven't. they are just the largest group of developers toward bitcoin. there are plenty over other contributing groups such as Lightning Labs, ACINQ, MIT DCI. it's largely a conspiracy theory propagated by cash proponents for some reason

>>9473763
>Yeah, 18% of non-mining nodes like yours, which add absolutely nothing. Your node doesn't confirm transactions, so it's worthless.
First they came for the non-mining nodes and I did not speak out because I was a moron. Then they came for the smaller mining pools and I did not speak out because I have no foresight. Then the government came for the last mining node, and I spoke out, and had to defend myself in court.

The rest of your rambling isn't worth replying to.

>>9473745
gavin andresen received the github repository from satoshi
when gavin gave access to core (programmers paid by blockstream)
they blocked his account

>>9473745
CSW gave Gavin access to takeover the project. Gavin was foolish in giving the corecucks access to the code.

The minute Gavin started advocating to increase block size, the corecucks revoked his access to the code claiming he was hacked and it took the path from there.

>>9473817
Gavin recused himself when he got duped by faketoshi

>>9473745
Satoshi gave the repo to Gavin Andresen. Gavin mistakenly gave commit access to Gavin Maxwell, then they lied about him being hacked so they could kick him out. Then Theymos and all the other bootlickers went through with censoring any discussion of raising the blocksize.

>>9473811
"Only people trying to create new coins would need to run network nodes. At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware. A server farm would only need to have one node on the network and the rest of the LAN connects with that one node." - Satoshi Nakamoto

Do you think Satoshi is wrong?

>>9473828
craig made the claim he is satoshi years after gavin lost access to the github

reminder the person who got the github from satoshi believes craig is satoshi https://www.youtube.com/watch?v=pNZyRMG2CjA

>>9473807
So they are essentially building external applications? How is it possible to talk about block size changes etc unless they are forking?

>>9473827
Smells like bullshit. Who is this retard and why would he be a leader in the biggest revolution in 30 years?

>>9473884
gavin andresen is the person satoshi gave the github to
you can see him working on the project with satoshi https://bitcointalk.org/index.php?action=profile;u=224

>>9473582
TOPKEKGELS

>>9473858
This.

Notice that all other coins have a central point of attack - Vitalik and all others.

Bitcoin Cash does not. It's quite brilliant the way Satoshi pulled it off. Get mass attention, but not providing the signature, while also giving speeches and writing papers than only a mind like Satoshi could create.

No central point of attack on Bitcoin (Cash not Segwitcoin), as far as being the creator.

>>9473828
Proof? No proof.

Kys x5.

>>9474086

>>9474007
Look at the veins popping out of his arms trying to keep that woman up

>>9474086
btw kys ∞

>>9474086
There is literally zero proof that CSW is satoshi other than his ass buddy claiming he proved it to him.

>>9474326
Classic response. No proof.

Kys x6. No one loves you.

>>9474335
There is literally no proof that CSW isn't Satoshi other than your corecuck ass buddies.

>>9474528
The funny thing is he could prove it without a shadow of a doubt, but he's not satoshi so he won't because he can't.
You're so cucked that you'd rather have faith even when you know for a fact he could prove it but won't.
You are a fucking insane cult.

>>9474510
>No one loves you
projecting this hard can damage projection surfaces.

>>9474562
signing a satoshi key only proves you have it not that you are satoshi

>>9474622
This is true. On the other hand, not having them means you are not satoshi.

Satoshi had the foresight to see the takeover being installed years before it happened and planed accordingly to implement the cash fork

>>9474632
if you are satoshi and you loose your keys you are no longer satoshi?

>>9474943
yes

>>9474802
This.

Tulip Trust and Tulip Boy twitter.

CSW thought of everything.

>>9475013
except of the part where he committed perjury, and is going to get indicted.

>>9474953
No. He didn't lose them. Would you provide proof knowing that most governments and crazy corecucks, such as yourself, wouldn't attempt to attack his family, friends, employees etc.

Hence, people such as Vitalik are open to attack.

200+ patents, more than all the other coins combined.

Only a mind like Satoshi's could demonstrate the ideals that are in the patents.

>>9475045
>Satoshi
>patents
Satoshi would have eschewed patents.

>Would you provide proof knowing...attempt to attack his family, friends
so why did he come out as satoshi at all? He is in just as much danger because a lot of morons like you believe him.

>>9474953
this is like saying if you lost your birth certificate you would die

>>9475042
>argument changed from LN is great to CSW will be indicted

He's traveling from country to country... clearly he isn't worried about being indicted. If he was in the wrong he would be in hiding like your corecuck boy Greg Maxwell.

>>9475071
No its like saying if you lost proof to something, you can;t prove it. How is your example even close to the same? If the keys are lost, nobody will ever be satoshi.

>>9475075
>argument changed from supporting Bcash to supporting a known criminal.
You're ignorant, and its going to bite you in the ass.

>>9475083
satoshi's ability to prove who he is does not change the fact that he is satoshi.

>>9475102
on a rhetorical level maybe, but on every other level it actually does.

>>9475059
Because he is Satoshi and retarded trolls like you who should kts, don't research the facts because you are either paid shills like Adam Back said needed to be hired, or you are HODLing onto a pile of shit.

You are ignoring the fact that the patents render every other coin useless, no matter what. Clearly someone knows what they are doing.

>>9475110
I really wish I knew where you lived so I could come kill you lol

>>9475106
so if satoshi loses his private keys he will loose all knowledge that he was satoshi

>>9475124
>>9475110
why are you people so fucking stupid?

>>9475106
Gavin seems to believe he is Satoshi, who the project was handed too. That's better than any other argument saying he isn't.

What have Adam Back and Greg Maxwell contributed you your original shitcoin?

>>9475134
>Gavin seems to believe he is Satoshi, who the project was handed too. That's better than any other argument saying he isn't.
actually thats a terrible argument and a fallacy.
>What have Adam Back and Greg Maxwell contributed you your original shitcoin?
How about you, have you made anything at all in your entire fucking shill life?

>>9475130
Because people like you lie for your masters and you can't make logical arguments for you LN shitcoin.

Why haven't you keys yet corecuck?

>>9475130
>on a rhetorical level maybe, but on every other level it actually does.
this means you believe he would stop being satoshi on a physiological level if he lost his private keys

>>9475147
>keys

>>9475145
I speak truth and you know. If I was wrong you wouldn't have bothered to comment on the thread.

Is that you Greg?

>>9475154
shut the fuck up, retard.

>>9475059
This. Satoshi was about the technology and philosophy behind bitcoin. He never talked about himself or his ideas as 'his ideas.' In contrast, CW is a pathological self promoter even while he talks about the tech. His presentstions also contradict a lot of things that Satoshi wrote, but people don't seem to care about that.

>>9475162
which part do you disagree with

>>9475145
Truth. Time to leave, child. The adults are talking.

https://www.youtube.com/watch?v=UYHFrf5ci_g

>>9475175
the part where you myopically focus in on the literal meaning of every word in the sentence like a severely and unmitigatedly autistic child.

>>9475162
Classic paid corecuck response. So angry.

Do you work at Subway or Mrs. Field's Cookies? Heavy BTC bags?

>>9475191

PRESENT SOME FUCKING FACTS YOU ABSOLUTE PIECE OF SHIT

>>9475191
satoshi's ability to prove he is satoshi does not affect the fact he is satoshi

>>9475180
>tired old propaganda video where the guy talks sad and makes you feel threatened
rebuttal.

>>9475196
>that feeling when you realize you have been posting in a shill thread for six hours

>>9475211
your arguments are so bad you make me paranoid that blockstreams real agenda is to get people to buy bch before they remove the btc blocksize limit

>>9475233
>yfw I have $120k of BCH anyway
forks are a bitch huh?

>>9475245
ITT: b00ty-bl4st3d BEEC0RE SHILL gits b0otY blasted again

>>9475245
so if you don't have the ability to prove that you own 120k bch will the bch disappear?

>>9475266
Actually yes. It called burnt coins.

>>9475145
Appeal to authority is not a fallacy. Your post is a good example of why the "fallacy fallacy" exists, because just calling something a fallacy is not an argument. You have to explain why the argument is wrong, even if it is a fallacy - which it isn't.

>>9475585
no u

>>9475599
>retarded people will inherent the earth

Can I order online and pickup my sandwich from the Subway you are working at? You better fucking toast that shit, as well, corecuck.

>>9475599
Most logic text books are changing it to something like "argument from disputed authority" because there's too many examples where it clearly isn't a fallacy. Witness testimonies, knowing what's written in the bible, knowing that a city exists without being there and trusting a wife over a random person on questions about her husband are all examples that clearly show its a perfectly fine tactic.

This is why the trolls on /r/Bitcoin censor Satoshi quotes rather than call them fallacies - they know that Satoshi probably knows what he is talking about.

>>9475730
I actually don't work, because I am independently wealthy from BTC.
>>9475748
relevance?

>>9475827
You called his argument that Gavin believes Craig is Satoshi a fallacy. It is not a fallacy.

>>9475827
>being rich and hanging out on 4chan

Yes you do. The corecuck collective pays minimum wage to be a retard on 4chan.

>>9475847
It was a fallacy, Gaven doesn't automatically know shit, and even retracted his statement. Also, in that satoshi quote you posted "it would be nice to keep the blk*.dat files small as long as we can" which presumably includes exhausting other avenues before increasing them.

>>9475871
>Gaven doesn't automatically know shit
But he does know shit. It is not a fallacy. It's ironic as well because you are literally committing the fallacy fallacy at the same time - your point goes against your argument far more than his.

I would consider strangling the network and killing adoption exhausting other avenues.

COREKEK COREKEK COREKEK COREKEK COREKEK COREKEK COREKEK COREKEK COREKEK

>>9475920

based

>>9475910
Oh I see, satoshi wanted a sudden and preposterous jump to 32mb.

Also, everything you wrote is wrong anyway. Gavin has no insight who satoshi was.

>>9470866
BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE BCORE

>>9475930
Gavin was literally handed the keys to the repo by Satoshi, and literally led development before Blockstream violently took him out. Everytime Satoshi talked about scaling he specifically mentions raising the blocksize. The "jump" in blocksize limit is irrelevant because at this point because it has been strangled for so many years. When the 1mb limit was first introduced there was literally never even a block 1/1000th the size.

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling"

>ALREADY SCALE MUCH LARGER THAN THAT

>>9475984
Whatever, your just repeating your incorrect points

>>9476018
Do you seriously think a bunch of nobodies who are funded by institutional bankers and who use censorship and lies make more sense than Satoshi?

>>9476034
Despite how you framed it, yes

i encourage you all to watch this video in order to understand the btc/bch issue from the perspective of BTC and Blockstream's business incentives. Really makes things clear.

Basically blockstream is not a mining operation. They control the development aspect of Bitcoin but have no way to monetize this. Their earlier attempts at building on top of BTC failed due to being out competed by competitors. Now they have gone to a more vertical business model and need to use Lightning to divert transaction fees from miners back to their own pockets through hub control.

>>9476097

i encourage you all to watch this video in order to understand the btc/bch issue from the perspective of BTC and Blockstream's business incentives. Really makes things clear.

https://www.youtube.com/watch?v=jctc85X_PCI

Basically blockstream is not a mining operation. They control the development aspect of Bitcoin but have no way to monetize this. Their earlier attempts at building on top of BTC failed due to being out competed by competitors. Now they have gone to a more vertical business model and need to use Lightning to divert transaction fees from miners back to their own pockets through hub control.

>>9476052
Why? Nothing they say is relevant and true, it is all lies. The fact that you don't even question the censorship tells me you don't even believe them - they wouldn't need to censor anything if their ideas were any good.
>Bitcoin can't scale on chain
>Lightning Network will solve everything
>Segwit will solve everything
>0-conf isn't safe
>Users should run nodes
Every single one of these is a blatant lie yet they keep pushing it on them. Their intentions, their skills, their arguments, absolutely none of it makes them worth listening to for anything other than sharing how retarded they are.

>>9476124
You're just making claims without evidence

where can I download the Bitcoin Cash Core Wallet?

>>9476270
But you believe a bunch of lying, censoring retards over Satoshi even though you can't argue against what I'm saying. At the very least, someone who actually believed the drivel that comes out of their mouths would have at least one reason to believe those greentexts. All the evidence you need is Satoshi's very own quotes.

>>9470820
And here's Adam Back confirming that Blockstream want to sell sidechains:

https://twitter.com/adam3us/status/923309367260274688

Such monetary revolution, BTC is truly a currency for the world and for the people.

>>9475748
>When I eventually implement client-only mode
Come back to us, Satoshi.

>>9472849
holy shit, you remove just 20 nodes and it breaks 10% of all routes? Lightning Network is worse than I thought.

and this is with infinite capacity, jesus christ! doesn't seem like there is any way for backbone nodes to not form

>>9473280
>>9473018

It doesn't work. Sure you can go ahead and lock your money away in a channel after paying for an on-chain transaction fee. You'll need to pay another two on-chain transaction fees if you want to move those funds to another channel and fuck knows how much those on-chain transactions will cost.

Don't forget that routing the actual payment will fail most of the time and will fail more often the larger the LN grows, leaving you with nothing because your money is unrecoverable.

Your kiked LN simply does not work, kill yourself you fucking sheep.

>>9476902
the funny thing is that microtransactions already works on-chain in bitcoin:
https://bitcoin.org/en/developer-guide#micropayment-channel

if we can already pay 1 satoshi per coffee cup then why the hell do we need lightning network?

>>9472631
this

>bitcoin (digital gold) and bcash (shit)
what are two coins with no future Alex

>>9476270
Holy shit just accept that core has been hijacked by kikes. Altcoins are growing, there's still time to get in