/biz/ - Business & Finance

>>9821377
Right. Now think for yourself, or al least google the phrase "critical thinking" in case you don't even know what thinking for yourself means.

Which should I buy BTC or BCH? Or both?

>defeats the purpose of having miners
no, you still need miners, and there will be more txs than today on the main chain that ever before when LN is in full swing, all it does is enable almost infinite scaling, but the number of txs on the blockchain will still be pegged at max capacity, and will always expand to fit any blocksize or scaling increase.

the whole point of ln is to capture all of the txs that arent economically viable to immediately put on the blockchain, anything that is economically viable to put directly on the blockchain will be put on it, due to all the advantages you get by doing so.

>>9821386
Think before you do something, after that it's pretty evident what your next step should be.

>>9821383
>>9821404
sounds like you need to do a lot more thinking yourself.

>>9821397
Why do you think miners will simply accept progressively decreasing fee rewards?

>>9821404
Please just tell me. I'm a newb and cannot figure it out on my own.

>>9821424
because by your logic miners should be completely against anything that competes with bitcoin, like litecoin, any bitcoin clone or aidrop, or any other pure payment coin.

and decreasing fee rewards? why would you even think that demand for on-chain transactions would go down? for ln to have high volume we're going to need a blocksize or scalability increase

>>9821425
Start here:

https://www.youtube.com/watch?v=0BZoKH-hX_o

>>9821425
>>9821444
dont waste your time with chemtrail nonsense

>>9821439
LMAO please read what you just wrote. Either you are a moron who doesn't know how to argument, or you are being paid too low by blockstream to do a better effort. Your rethoric is full of flaws, false assumptions and also contradictions.

>>9821480
Fuck off. Thank you for clarifying you are not the sharpest tool Blockstream could hire.

>>9821560
>muh conspiracy
is that all you shills have? try listening to yourself, you're embarrassing.

>>9821444
The video is biased and no credibility at all. Not very surprising actually, btrashies have a lot in common.

Miners don't want to crash the bitcoin chain just yet. They're hoping for natural growth on the BCH chain to outperform btc. Should be pretty easy with all the adoption coming out

>>9821577
Meanwhile your entire argument boils down to gimping the network to be able to view 51% miner double spends that go against their best interest.

Here's how this shit goes if everyone still hasn't noticed.
>create bch thread or invade bch thread
>post bullshit
>get btfo
>ignore and move to the next thread and repeat

>>9821365
JUST LISTED ON GRAVIEX.

>>9821733
There were no bcash posts for almost a week there, what happened? Indian new year?

>>9821773
this.
turboshill disappeared for a week, now he's back to his daily grind of shitting up the board.

>>9821424
Miners already got cucked by the community when they accepted segwit. Remember that they are only mere janitors.

>>9821733
>get btfo

Stop assuming bitch.
All btrashies arguments are:
>muh blockstream conspiracy bs
>muh bigger block size

That's all you have trashie.

>>9821788
>be corecuck
>Pay $25 to send my coins to an exchange
>Developers admit they're only in bitcoin to sell products to companies
>Developers go on to say Lightning can't scale past 100k users and the whole idea is a sham anyway
>Corecucks want validating nodes but all transactions off-chain, showing either total idiocy or double think

Imagine being so cucked you defend big bankers and corporations owning your cryptocurrency. Thank god I'm not a corecuck

>>9821841
I have no love for bitcoin, I'm more into ETH and other alts. My last bitcoin transaction had $0.2 in fees. If you're going to fud at least don't blatantly make shit up.

>>9821397
>>9821397 You've swallowed too many blue pills you big dumb goy. BCH already has infinite scaling with some kiked offchain horseshit, if it's offchain I may as well use my bank instead.

>>9821577
Cashies can only use conspiracies if they meet their agenda, but will acuse you of a conspiracy theorist if you call out their bullshit facts.

>>9821720
what a surprise, no reading comprehension and more strawmen. your entire argument is also applicable for any altcoin trying to remove txs from btc, which affects btc miners significantly more than a second layer that actually increases the needs of the base layer.

>>9821841
>be corecuck
>have lots of btc from being an early adopter
>get airdropped lots of bcash for free
sounds pretty good to me

>>9821883
>infinite scaling
lol. understand the tech before coming on here crying about shit you don't even understand. nobody on the bcash side is even stupid enough to claim infinite scaling.

>>9821797
More like:
>muh usability

What are the arguments for keeping bitcoin gimped?
>the little people need to be able to run nodes, even if it prices them out of using bitcoin

>>9821365
Routing on lightning is never going to work:
https://www.yours.org/content/getting-over-the-final-lightning-network-hurtle-e694b335c937

>>9822047
bcash had a decent idea, just double the blocksize, but before that even had a chance to get voted on, it became an entirely non-technical political debate with all inclusive hollow political arguments ("satoshi's vision" et al), because everyone found out about asicboost, and realized thats why miners were against it. then the iconic bad actors of the bitcoin space, ver and wright, jumped right on the political train to garner as much support as possible, and the whole thing started to go downhill. it stopped being about tech, and became a competition the majority doesn't care about.

bcash hasn't been about tech since 2016, and it wasn't the first iteration of bigger blocks, we had classic and XT long before that, if you were even around when those "forks" were floating around, back when mike hern sold all of his bitcoin at 600 during his tantrum where he claimed bitcoin "failed".

i'm all for technical improvements, but i'm completely against a coin that instead decided to focus on the politics and drama just so a few insiders could get richer at the expense of innocent people that are actually buying into the bcash ethos.

>>9822068

Oh it will work. You'll just need to connect to a large Lightning-Intermediator© and then put your personal information in so you can trade! totally trustless and decentralized!

>>9822068
nah, we already solve much harder network/graph problems today, especially since most routing is going to be one way.

>>9822105
>people actually believe this
see what i mean about politics over tech, you guys are hopeless

>>9822047
>muh usability

Top kek. Thinking btrash is something special. Any decent alts can do what btrash can. Keep deluded btrashie.

>>9822118

It's not politics over tech, mongoloid. Devs themself say Lightning can't scale in a decentralized way. You need Large hubs with enough liquidity to route payments.

>>9822068
Its working literally right now you fucking cretin

>>9822103
Well if BCH is too focused on politics then BTC is too focused on ideology. I just want to use bitcoin. Why can't we just go with the intended scaling method and then look for other solutions if it turns out to be unworkable? Relying on LN to be plan A is absolute madness.

>>9822129
All btrash devs have to do is copy paste the original source code and change a little bit to increase the block size up to infinity. WOW, what a remarkable engineering. *claps*

>>9822180

The fact that it's so simple and functional proves the stupidity of bitcoin development. All they had to do was increase the blocksize.

>>9822193
>yeahh keep increasing the block size up to 1TB

Lazy solution. It works short term but not long term.

>>9822129
thats because common recipients or senders of btc will naturally accrue more links, like exchanges or payment processors. that's not a point of centralization on LN, it just represents perfectly the level of centralization in the real world, with exchanges, processors and merchants.

if ln was only used in an evenly distributed way, it would naturally be an evenly distributed set of nodes. this stuff is obvious.

>>9822174
yeah, its not necessarily the least painful way of doing things, but the community at large doesn't care enough about on-chain scaling to move to bcash en mass, if it did, then we wouldn't be having this debate. it is what it is, and if anything this is just going to atrophy bitcoin, and all of it's forks as capital moves to other platforms like ethereum, as we have seen.

>>9822193
the problem with that is it's not scaling, it's just a capacity increase with exponential cost. real scaling has to come from a capacity increase without the associated cost. even segwit doesn't fully fit that description and we saw better efficiency gains just from coinbase batching transactions. like i said, the network will naturally expand its usage to fit the capacity available. if the blocksize was increased so much that zero fee txs became viable we'd see the mempool sitting full once again.

>>9822227
The solution is to allow the free market determine the block size and people to choose between on-chain and L2 txs. Your totalitarian communist shitcoin is going to fail like all socialist regimes.

>>9822342
>disregard the engineering aspect
fuck off. Go back to /pol/ tard. Nobody wants to hear your political opinion.

>>9822370

Economics drives bitcoin. Hope you like competing

I can't believe anyone would be so stupid as to support small-blockers/Bcore. They are so obviously wrong in thinking Bitcoin doesn't need to scale right now to stay competitive, or in that Core's totalitarian grip over it rather than free-market competition is a good thing. And their leaders are all scoundrels who try to get their way through smear campaigns, banning people from r/bitcoin and abusing Twitter reporting, not developing and promoting their coin on its own merits, yet somehow this evil gets majority support. People are shit.

>>9822138
Did you even read the article? It can't scale up to more than 250k users.

>>9822227

>lazy solution

Literally the solution designed by Satoshi himself. Fuck off with your offchain transactions you dumb mother fucker, why not just use paypal?

Bitcoin Cash is Bitcoin, scaled on chain as originally designed. Bcore is some paypal-esque shitcoin.

>>9822384
It's
working
NOW
Right now. While youre talking about retarded articles that say its impossible. Its already here.

>>9822370
In a supposedly decentralized permissionless currency, which engineering approach is better should not be determined by a centralized planning body that enforces an artificial block size limit so that only its own proprietary scaling solutions are allowed. The USSR failed even though it had great scientists and engineers - economics and freedom matter.

>>9822374
We love competition. Ask roger ver why he is eager to destroy bitcoin. It looks like btrash fraudster team don't want competition.
https://www.youtube.com/watch?v=S0s-UD1Ph9A

>>9822393
satoshi himself is literally the one that put the 1mb limit in lmao.

>>9822437

And gave instructions on how to raise it. The 1 mb blocksize was there to stop poison block attacks

>>9822415
>not be determined by a centralized planning body
You have already have what you like dumbass—bigger block size. What I don't understand is why the campaign to destroy bitcoin?. It looks like fraudster team of btrash don't wan't competition.

>>9822393
Alright you don't belong here. You keep spitting nonsense out of your ass. Go back to pol. Your autists friends are waiting.

>>9822489

But he's right. Corecuck ideas can't survive in any place with actual discussion. Back to /r/bitcoin with you

>>9822568
>But he's right
Of course, btrashie samefagging as usual.

>>9822489
You don't belong here kike.

>>9822437
Temporary measure turned permanent by the cryptokikes at Blockstream

>>9821365

>>9822624
>btrash bigger block size = centralization
>back to same old kike concept

There I simplify it for you.
reverseKike.jpg

>>9822650

32mb won't increase centralization you stupid nigger. Hell gigabyte blocks won't change much either as has been proven by Dr. Rizun during his Scaling Bitcoin speech.

Of course you don't actually give a fuck because you're paid to FUD Bitcoin (BCH) and spam your kiked shitcoin bcore (BTC) to this board for a few rupees.

>>9821412
Dumb or AXA astroturfer.

>>9822684
>implying 32mb works if gets adoption
>keeps forking btrash because
>muh bigger blocksize works

There's a reason why btrash team and bitmain made a partnership. Ohhh what's that?. Yes, your right, monopoly of hashing power you dumbass negro.
monopoly of hashing power = centralization
btrash = kikecoin.
you're fooling no one here kike shill.

Anyone here wanting to do your own research on BCH, go to r/btc, it's the main place for the BCH community and discussion on AXA's takeover of BTC.

>>9822738
>monopoly of hashing power

The fuck are you even saying?

>>9822475
Bitcoin (BCH) wants its market dominance back.

BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH

>>9821841
>Pay $25 to send my coins to an exchange
Blatant lies
>Developers admit they're only in bitcoin to sell products to companies
>Developers go on to say Lightning can't scale past 100k users
Citations needed
>Corecucks want validating nodes but all transactions off-chain
No one wants all transactions off-chain, just muh cups of coffee and micro transactions

Bcashies only argument is lies and shit talk. What an absolute shit show of a community for a shitcoin. Flippening w-when? Lmao. Say cuck a few more times btw, underage trash.

>>9822823
Of course, can't blame btrash communistic monopoly.

>>9821365
Just listed on graviex

>>9822412
Yep its working right now, plus its cheaper than bcash and more people use it than bcash. The shills have literally nothing left other than screaming kike and corecuck. Its hilarious at this point.

Bcore Sucks

>>9822910
no u

Bch questions all its cards in Nov 2017. It's been on a slow bleedout ever since and is heading to zero.

>>9822954

It was on a slow bleedout after the first pump, and the second, and we are waiting on the third. Everything bleeds out until it's pumping again, and this is the highest floor we have had on the way down. basically, I don't care about the BTC vs bch debate, but I'm just waiting for the next pump to >0.3.

O shoot! I've been too busy with alt coins! Fml. Bitcoin cash is the real Bitcoin! I'm so fucking confused but happy that I know wtf this was all about now! How the FUUUUUUUCCCKKKKK did these fucks get away with this?!

>>9823109
Which alts?

>>9822882
>more people use our Raspberry Pi science project
Lmao. The corecuck delusion here is off the charts. Meanwhile, SegShit still has less than 30% of BCore transactions.

>>9821386
Try using the Lightning Network and then try using Bitcoin Cash and decide which one has the more promising future. Hype and speculation can only get a crypto so far without actual purpose.

To make it easy though I'd say BCH simply because all of the oldschool people supporting it. If those that made bitcoin great now prefers bitcoin cash it tells you something.

>>9821480
shill level: pajeet tier

I’m relatively new to the btc/bch argument, but this is how I see it

>Btc is moving towards off chain solutions (LN etc) which defeats the point of the currency as it requires active channels between other
>Bch wants to keep all TX on chain and has been modifying its code since the fork to accommodate this
>btc can take a long time to confirm
>bch can do 0 conf and funds can be spent instantly

Tell me anons, what would a normie that has never touched crypto prefer to do? Take time to setup a lightning channel, possibly fuck something up and lose all their funds OR use Bch with simple transactions and low fees.

I know which I prefer.

>>9821365
>repeat made up bullshit propaganda against LN
>"but let's have a rational discussion okaaaaaay guys?"

Funny. I guess you wrote it between brackets for a reason.

Anyway, reality time: Nearly no one uses or cares for your chink coin, even though your overlords decided to arbitrarily increase the block size limit twice, it was all a pointless PR stunt as the actual block size is still less than 20% of a full 1.1MB bitcoin block.

You boast "multiple development teams" but the only beecash dev anyone knows of is a single French pajeet and the only development that has happened from bitcoin to beecash is the block size limit number that got needlessly increased and the hacky EDA that got added to be exploited (and later removed when people caught on).

Tldr; kill yourself, I don't even know why I still waste time replying to shills and pajeets in here

>>9822174
>I just want to use Bitcoin
and you can, just pay the fucking fee, which is pretty much free nowadays. kys

>>9822174
>Why can't we just go with the intended scaling method

Because there is no "we", contrary to the rest of the shitcoins, Bitcoin is truly decentralized, which means consensus is impossible, and that is what makes it valuable in the first place.

>>9824696
>normies matter
They do not. For the last time, normies have no money. Anyone with enough capital to matter will choose bitcoin to park their wealth, not some chinkcoin controlled by USG forktards and china.

>>9824373
Normies will use LN because wallets will be (are) this easy to use. It will also be faster and cheaper, and actually safer than 0 conf which are incredibly stupid, even satoshi said you are a second class citizen by accepting 0 conf.

Also LN allows for stuff like this which normies love:

https://satoshis.place/

>muh ln
I can already transfert bitcoins for free to oter people through bitflyer.
Third party bitcoin transfert not only was unavoidable, it was here long before ln.

You're free to stop mining though, more pie for me.

>>9825451
avg fees are still well over 50 cents. When S2X failed it proved the network would not scale onchain, which lead to at one point 50 dollar fees. If people ever use this network again on a large scale the fees will be enormous. There is no long term onchain scaling plan, which the second layers and sidechains would need to happen in order for them to service a large amount of users. Relying on these solutions alone is absolutely braindead.

The rest of this thread is filled with dishonest shills.

>>9825483
The average person matters friendo, if you got all of them to replace their card payments with crypto then we would be sitting pretty

Once again, a bunch of fucking Grugs arguing over their archaic technology

Reminder that the fact cashies keep talking about fees in usd prove they are dirty nocoiners at heart. Disgusting.

don't believe Craig and Jihan's lies

>>9825974
Its crazy the difference in professionality between different projects

>>9825974
/pol/ will always believe conspiracies about (((them))), regardless of technical merit for their arguments, and they have decent crossover with /biz/. Lightning is infinitely better than big blocks, segwit is just basic bugfixes and optimization, but try telling a cashie that

>>9826005
with words like Robust Testing, Peer Review, Upkeep and Optimization, Millions of Users, and Aviation Safety Development... no wonder the criminal element left bitcoin.

they didn't even know that their code had vulnerabilities

>>9826054
no cash head has a problem with off-chain solutions. We have a problem with off-chain being the new and ONLY solution.

LN (if it works) would work better on BCH than BTC.

BTC devs literally recommend using paypal for small purchases rather than BTC. Meanwhile, i pay for all of my online services with BCH. Which coin do you think will take over?

>>9826120
>tfw bitcoin has a bunch of developers actually coding shit instead of a single French pajeet playing pretend-dev in an ancap hoodie

Feels bad man. How can bitcoin or eth ever compete with the glorious BCH.

Don't believe Craig's >>9826404
lies

>>9822393
yeah just like all the other altcoins named after bitcoin to make fast and easy money.
most stupid bcash fan found here guys

How would all txs be offchain if they have to be settled onchain?

>>9821365
some thoughts.. most bch whales are the earliest of early btc adopters, who have hodled the longest through many moons and bubble pops. they have the strongest of hands. they will win eventually, just on the economic variables alone. most coretards dont understand economics, they are just programming nerds. my point is, the cashening will take years probably. and that is ok for the bch whales, they are patient and will outcompete core in the meantime pushing feature advancement and adoption

can someone please guide me on how to start investing in crypto? I have 0 knowledge of investing in general

>>9826834
Buy Bitcoin Cash on Coinbase

>>9825864
https://medium.com/@johnblocke/bitcoin-farm-an-allegory-72b7120b792b
>When you need a farm analogy to understand your own stupidity.

>>9826834
>create account on fiat exchange (kraken,bitstamp)
>verify account
>send money
>buy
other exchanges allow you to buy a ton of altcoins like binance. Look at coinmarketcaps markets to get a good idea where the high volume exchanges are.

>>9826930
When Gavin Andresen's commit access was blocked it was the same time he was publicly claiming that Craig Wright was Satoshi Nakamoto. Gaven lied along with Craig. It is proven fact that Craig made up the keys and then he later said that his hoax was for his own protection from the state. I would have kicked him off of my team after being BTFO like he was. Gaven wasn't kicked out of the repo however, just his commit privileges were stripped. Gaven had already been asked to give up his privileges long before they were revoked. It was not a surprise to anyone close to the situation. TRY AGAIN SHILL

>>9825499
that wallet looks on par with the usability of a standard bitcoin wallet so i dont see why normies would prefer orange over orange.

the video doesn't show setting up the lightning channel either. lightning network is still super small and used by almost nobody. routing still doesn't scale without centralized backbone hubs (though admittedly normies usually doesn't care about the ideology side)

that site is the first actual usage of lightning network ive ever seen, a good idea. satoshi is probably turning in his grave from the name though

>>9827247
>aha i have dismantled the smallest non important section of your argument! take a knee shill you have been defeated

>>9825140
>Anyway, reality time: Nearly no one uses or cares for your chink coin

I was optimistic you would have something of value to say in your post.

Anyways guys, keep fudding bcash, I'm still accumulating. can't wait for the pump.

>>9821365
if it does flip btc, it won't be for at least 2 years, not enough money's in the ecosystem yet and no whale wants to scare all the money away
it'd be gradual rather than instant, multiple higher floors after each market cycle .15, .2, .25, .4, .5...

Hi cashews (because youre nuts, gettit?). We dont have to 'debate' you fucks anymore because we already won, youre just too dumb to see it.

Youre the flat earthers of crypto. Youre the freak sideshow that coalesced out of the mud when bitcoin finally managed to expunge its criminal scum conman element . Now you scream into the sky about your fate, but its one that you chose, you could have just hodl BTC like everyone else and let the engineers do their work. But no you had to be snowflakes.

Dont forget, history is written by the victor, and boy are we going to write some sorry tales about you, itll just so happen for once that they will be generally true. Its already begun, check the wikipedia article :)

Enjoy your ignominy.

>>9827356

>smallest non important
as a matter of fact, I've just completed reading your posted article, and that one's referenced article (https://medium.com/@johnblocke/bitcoin-farm-an-allegory-72b7120b792b)) and the sited reference material of both articles... The entire premise revolves around (((blockstream))) kicking Gaven form github. I can only assume that you don't read your own fluff.

>>9827535
(https://derekmagill.com/2018/03/27/bitcoin-farm/)) meant this article**

>>9827507
Yes you simple cashews, don't you see? When the brightest minds in the world finish off LN (it will work it's not even a question). Not only this but it will destroy the jobs of thousands of PHD's working in the traditional computer networking systems as we just reinvented the wheel. You simple stupid cashies will only be able to admire this from a distance (this tech will never come to bch it's a btc exclusive sorry kiddo) and we will reign dominance.

GTFO cashie, this is daddy bitcoins board.

>>9827535
>I have single handedly debunked your entire thought process methodically. I have gone to your "sources" and have taken all of which you stand upon. You have nothing left you simple little cashie for I am superior.

>>9822068
>Routing on google maps is never going to work
>Map routing is np hard so therefore we will never know the solution

>>9827572
fuck you and your shitcoin

>>9827669
see nothing.

I stand upon the defeated. For my logic reigns superior, nobody can possibly stand up to my might. For I am intellectually and physically superior to all my competitors.

>>9827669
I just lol'd ... your 2smart is riding an Elephant lolololol is that to pay homage for your streetshitting Pajeet heritage lololol

>>9821365
>Lightning network fee structure defeats the purpose of having miners, eventually all transactions will be completely offchain.

meanwhile core coin down 10% on the day below 6800

>>9827298
Ehh, because LN will always be faster and cheaper than on-chain, and safer than 0 conf.

There are already normie sites like this:

https://satoshis.place/

Good look doing that on-chain.

>>9828225
That can be done onchain but is just a gimmick so why do it?

>>9822039
>muh infinite scalling
Bitcoin is definitely under attack by (((socialists)))

>>9828293
No it can't, not without bloating the blockchain into retardo ville levels, but then again, what cashies care about that.

Also that is just one application. Ideas are endless when you can literally stream money.

>>9828312

Lightning is on the lower end of its scaling limit. 100k max users even with Flare. I won't be surprised when corecucks are defending large transactions hubs because it's "trust-less" to have to trust a bank to route your payment.

Oh yeah, Onion routing is not a path discovery algorithm. What will happen is each user will just refuse to let people route through them. Good luck with your """"""Decentralized""""""" service

core will always be around in one form or another (unfortunately) so you guys can invest in your store of value and talk about how great it is among your raspberry pi crowd of enthusiast the rest of us will support the original Bitcoin and its developers and Satoshi himself.

>>9828392
how do you get away with posting the same stale pic related twice in the same thread? fucking unoriginal losers

>Cashie argument - muh 1TB blocks and SPV >wallets = not centralization but. LN after about >100 thousand to 1 million channels will be centralization.

>mfw

Simple insignificant cashies.... Don't you realize the vast majority of REAL bitcoin users run their own full nodes? SPV's are a boot licking cancer!

If we didn't make the sacrifice to run full nodes then the miners would step out of line! We real btc users smack these miners into submission with our extreme observational power!

>>9828392
LN can beat all existing centralized payment networks like VISA TODAY you dumb cuck.

All of your shitcoins depend on Core's team continuing the development of the reference implementation for your shitcoin devs to steal their code and add it into their shitcoin and changing a couple of parameters to rebrand the shitcoin for low IQ investors such as you.

>>9828605
still... nothing.

>>9828667
Stop replying to me you falseflagging cashie faggot

>>9828651

unironically yes

see: segwit activation, s2x backing down.

two rapid demonstrations of power they didnt believe we had. kind of like the hiroshima and nagasaki bombs leading to an unconditional surrender.

>>9828667
bcash

>>9828687
The power of observation and our lord and savior slush saved btc from a path of destruction.

>>9828660
It can't.

>>9828750
cope

Theymos... the Chad we need and deserve.

why did Satoshi create Ncash?

don't just trust... verify.

Make sure to do a self audit of the core codebase to ensure the rules are truly being followed. If not you are trusting the core developers.

>>9829197

if the miners decide to break the rules there's nothing your non-mining node can do besides alert you to the fact that your coins are now useless

>>9829197
If all the other nodes on the network agree that your transaction is valid, but yours doesn't, are you still on the Bitcoin network?

Think of Bitcoin as a proof of concept, and a 10 year long social experiment. It’s not the final goal and it hasn’t lived up to any of the dreams people had for it. Bloated technical mess with no privacy and bubblegum fixes to things every few months while being artificially manipulated by a few chinks. While also wasting terawatts of electricity to mine.

>>9829244
>if the miners decide to increase the block supply to 1000 million I will take it in the ass like the good non-full-node-running cashie I am

>>9829284
>unconfiscable money with 0 downtime for 10 years
>its just an useless experiment guys

>>9829416

You WILL take it in the ass. I don't think you get how bitcoin works

>>9829244
you describe a 51% attack.

>>9829416
what is sad is these shills couldn't care any less...

>>9821386
split you "Bitcoin" funds to both. 80% BCH

>>9829510
>I don't think you get how bitcoin works
classic shill cope

>>9821710
This.
Corecucks you need to remember. The BCH boys can crash BTC at any moment they with.
They are being very nice to you cucks at the moment by giving you a chance

>>9829448
he said it serves a purpose. goddamn, some of you dry brains are so uncritical of the technology it makes me wonder why you’re in it in the first place. bitcoin will be outpaced at the rate that tech advances. not saying that time is now, but don’t be left holding the bag.

>>9829636
>describes monopoly
>says unscrupulous business owner is "nice"
>corecuck
classic shill cope

>>9821365
friendly reminder BTC died the day futures happened

literally handed that shit directly to those were meant to be against

ver is trying to save us yet nobody sees it yet

one day you will...

>>9829284
>bloated technical mess
>artificially manipulated by a few chinks
>bubblegum fixes

I can't tell if you read your own words or not because from where I'm sitting, it looks like you are describing the bitcoin cash fork.

>32MB blocks aka bloated technical mess
>artificially manipulated by a few chinks aka Jihan Wu and the Litecoin Roundtable
>bubblegum fixes aka opcodes/0conf/colorcoins

>>9830038
>ver is trying to save us
your mom called and said that it's time for you to go back.

>>9830038
ver is the mt gox prompter guy

>>9828225
looks like you didn't even read my post since you repeated the same url again.

besides, that site you keep linking to can totally be done onchain. it's not like it's designed to send 1 satoshi at a time anyway, you draw what you want and then send your payment for all the pixels.

regardless i'll just repeat what i said since you didnt read it the first time: lightning network is still super small and used by almost nobody. routing still doesn't scale without centralized backbone hubs (though admittedly normies usually doesn't care about the ideology side).

Why lightning network is a bad idea even if all its issues were solved:

1. you have to set up your payment channel with on-chain transaction. if you have to deal with on-chain transactions anyway you might as well just scale up on-chain instead.

2. if someone else use your payment channel they can deplete your funds to a merchant. if there are no other channels, which is likely since otherwise your channel wouldn't be depleted, you now need another on-chain transaction to make a new channel or refund your old one.

3. the network will inevitably develop backbone nodes that nearly all transactions pass through (most likely just trusting each other to have the required funds to save time). this "solves" the routing problem but makes the whole thing completely centralized, just like internet is today with master backbone nodes.

4. once you put your crypto into a channel you're basically trapped in the system. it's designed so that you would never want to take it out. eventually there would be almost no in/out on the bitcoin blockchain and at that point bitcoin is essentially dead and you can be sure that there will be talks to just drop it completely in favor of some kind of issued lightning network token.

5. it's possible to make solutions for micropayment channels on-chain instead. someone needs to figure out a way for the sender to be able to construct a transaction but he cannot broadcast it, the reciver on the other hand can't change the transaction but he is allowed to broadcast it. the payment channel is then either closed by the receiver with the latest state or it is closed by a timeout with a full refund to the sender.

>>9830344
6. bitcoin (cash) works for payments today. there's no reason to reinvent the wheel. we don't live forever and every year we delay crypto adaption is another year the banks will adapt to instant online global payments. you think it's hard to on-board people with crypto today? good luck if banks offer the exact same user experience as crypto. when that happens the only perk crypto has is censorship resistance and most people just don't care if banks are convenient enough.

TL;DR i wouldn't want to use lightning even if it already worked flawlessly with BCH, BTC, ETH, LTC and whatever else.

>>9830344
hi turbobrainlet, how you been?

>>9829963
Its not a monopoly. Its just that all miners will act in their own self interest, corecuck
Not that you would understand a free market

>>9830405
you are a doo-doo head

>>9821365
Stupidest comment is the day award.png

>>9830424
>wants to be taken seriously
>talks about grown up stuff
>corecuck

grow the fuck up kiddo.

>>9830405
you can tell it's turboshill with his stale normie memes.

>>9830563
splendid argument, corecuck

https://www.coinstaker.com/financial-collapse-cryptocurrency-revolution/

Wait so someone clear something up for me please. Recently some crypto news have started talking about the collapse, but other places strictly bann you when you even mention now. It feels like everyone agrees that there are bubbles, but only 50% of the people believe there will be a crash.
I mean seeing people openly call out Central banks and governments is fine, but what's with the Orwellian censorship at the slightest mention of a crash?

>>9830563
> muh coin dumps 20 percent dominance every month it works as designed.
> everything is fine.
You coretards just never learn. It's hilarious to watch you drown and comment on how tasty the water is.

>>9831652
I'm tasting a lotta salt right now

>>9831676
>1 post by this id

They're implementing RBF which they were hugely against six months ago the laughable cunts

>>9831676
But it was their turn :-(.
They mastered the blade and the blockchain. And now the world had turned to them for help. But FUCKING ROGER VER came along and fucked it all up and now all they've got is tendies, mom, and the diabeetus.

>>9831709
No they're not.
Now go ahead and post that Vin Armani citation so we can all laugh at you for not understanding how requiring a minimum fee for fsr is not the same as toddlers rbf.

BCH is motivated by love.
BTC is motivated by greed.

Unfortunately, it’s not apparent to many who will inevitably win.

>>9831652

I like what you've done there... made it look like market "dominance" has some kind of correlation with the mempool. nice fuckery there shillford. I also like how you leave the color map out of your screenshot so we can't track bcash's market dominance during the same time. Green is bcash btw and gray ( the highest climbing dominance is "others")

>>9831709
Source please

>>9831820
>BCH is motivated by love.
which is exactly why every bshill repeats the same words
>power
>dominance
>corecuck
>sabotage
I can feel the love

>>9830563
they are both in this thread

>>9830304
turbobrainlet

>>9831718
turboshill

>>9832523
Cashers want the lolbertarian utopia the BTC community used to want.
BTC community wants to sell BTC at a higher price.

>>9832588
I just want a widely accepted coin that i can send and receive for low fees consistently. So far BCH is the only coin doing that.

>>9832622
If that happens (actual mainstream adoption) that's a big step towards a more libertarian society.
Im all for it and hold a big bag of BCH. Having BTC as your main hold strikes me as completely delusional in the current climate of adoption

>a widely accepted coin
>actual mainstream adoption
>current climate of adoption

I couldn't imagine being this delusional

>>9832523
When you mock Roger Ver for talking about “dying babies”, you’re on the wrong side.

I ask you to find anyone in the BTC (or any other crypto) commiunity as passionate and determined as Craig Wright or Ver in making BCH as accessible as air for all. https://www.yours.org/content/a-call-to-arms-cac97203528f#

>>9832344
I like what you've done there. Tried to imply green is insignificant relying on most people not knowing form date was only August. Nice fuckers blockstream coretard.

>>9821365
>their cards
lol

>>9833395
>When you mock George Soros for talking about “dying refugees”, you’re on the wrong side.

>We must make the blocksize unlimited to let all refugees in

>>9833418
it IS insignificant. btc dominance has been lost to 1. ethereum and 2. ripple. 3. altcoin shitcoins. no where in your or my example is it obvious that bitcoin cash has anything to do with anything dominance related.

>>9830424
>Its just that all miners will act in their own self interest

Exactly, just like that time miners foolishly attempted to hardfork Bitcoin into barrycoin2x, and they got cucked even bluffing with 95% hashrate.

If miners decided, segwit would have never happened with the guy behind the Chinese government cartel behind the biggest hashrate not wanting it. Guess what: they do not.

>>9833395
Craig Wright and Roger Ver are a proven liars and manipulators. Manipulators use lines like the "babies are dying" speech to twist an angle to their advantage. Ver's false image of passion for the little guy is shattered by his actions of trying to commandeer the Bitcoin brand. If he were truly passionate he would abandon this "grudge" towards the bitcoin core development apparatus and simply work on his life saving project.

at least Gavin apologized for his lies.

>>9833632
"marketcap dominance" is irrelevant when we are dealing with money printing altscams. Once the alt bubble ends it will all go back to bitcoin.

>>9833395
I couldn't finish reading your link... all I could keep thinking was "what an asshole."
>I have pledged to create at least ten whitepapers a week; I average 12.
he want's to create whitepaper confusion... what's wrong with "his" original?
>These lead to ideas and implementations that we patent
nchains hold the patent to this free, liberating, baby feeding technology? who holds the patent to the bitcoin core code?
>that will be used on Bitcoin (BCH).
there is only one bitcoin and it's called bitcoin not bitcoin cash. only the cash camp has confusion issues trying to create more confusion.
>We live or die on profit.
which is exactly why they are trying to commandeer the bitcoin brand, patent this so-called "open-source" software, and destroy the real bitcoin. So they, not (((blockstream))) call the big money shots.

It really is simple folks...

>>9831652
>muh market dominance
>what is btc doing a 20x from the point it started losing "market dominance"
>what is price multiplied by circulating supply
>what are countless pajeet shitcoins

>>9833733
>>9833715
>>9833593
fucking BASED!

core sucks - avoid it like the plague

Friendly reminder that Bitcoin cash current hashrate is the same as Bitcoin core last year.

I'm starting to think something is cooking.

>>9834034
like what, I wonder?

>>9833989
fucking FAGGOT!

>>9834564
aww he ran out of words

>>9834625

>>9834206
HAHAHAHAHAHAHAHA watch out bitcoin, at this bcash hash rate will catch up in just a few more decades

>>9834834
Nah they will just modify the code, manually increase the hash rate and then claim they're "scaling" it according to satoshis original vision.

>>9834978
>modify the code, manually increase the hash rate

here I did some maths for you fucking idiots

August 1st
btc 2,711
bch 293

dec 17
btc 19,340

dec 20
bch 4,091


today
btc 6800
bch 926


19,340 19,340
-2,711 -6,800
-------- ---------
16,629 12,540
613% increase 64% decrease


4,091 4,091
- 293 - 926
-------- --------
3,798 3,165
92% increase 77% decrease

>>9835017
Sorry, didn't realize you were retarded. So far example, choosing an easier hashing function that is less intensive would result in a higher hash rate.

>>9835170
293>4091 = 92%increase?
idk what