/biz/ - Business & Finance

[Anonymous No.10022465]

So, ready to admit Lightning Network is a bad joke and complete failure now, coretards?

[Anonymous No.10022481]

just wait 18 months and stop spamming the network cashie.

[Anonymous No.10022516]

>going against the king
you will learn a lesson for life ver n wu shill

[Anonymous No.10022546]

>>10022465
I like both coins, but I like bch more right now because the entry fee is lower.

[Anonymous No.10022570]

I just want to see one coretard, current or former, defend this shit.

You were wrong 6 months ago and you're wrong now.

[Anonymous No.10022641]

Are you talking about the price or has there been recent bad news about lightning?

[Anonymous No.10022660]

>>10022641
You must be new here.
No bcash posts ever make sense. They've been predicting a flippening literally since bcash was created and all it ever does is follow Bitcoin like every other alt.

[Anonymous No.10022680]

But Roger Ver is a genius, isn't he?
OMG, I could not keep a straight face even just typing that....

[Anonymous No.10022729]

>>10022465
>hates on btc
>but thinks bch is better

[Anonymous No.10022751]

>>10022465
Yup

[Anonymous No.10022768]

>>10022729
bch is literally unstoppable
not going to argue with you about it; either hold at least one over the next decade, or risk having a less valuable portfolio when that time comes

[Anonymous No.10022773]

>>10022641
the whole last 3 months have been a long slow expose of how lightning will never work and never was designed to work.
>>10022680
compared to coretards, yeah, he is.
>>10022729
bch functions like btc used to, which is superior.

[Anonymous No.10022775]

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. if you have 1 BTC and open up four channels with 0.25 BTC on each channel it's impossible to send more than the unspent amount of BTC on that channel even though you own more than 0.25. likewise nobody can receive more BTC than the sum of all their channels (assuming all channels could find a path to the sender and that the right amount of BTC is available at the correct end of each channel).

4. 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.

5. 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.

[Anonymous No.10022790]

>>10022775
6. it's possible to make solutions for micropayment channels on-chain instead. someone just 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.

7. 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.

[Anonymous No.10022801]

>>10022465
https://youtu.be/oCOjCEth6xI

[Anonymous No.10022805]

>>10022775
>>10022790
Where did you get this pasta from anon?

[Anonymous No.10022824]

>>10022805
it's my own my friend, i post it here every now and then

[Anonymous No.10022843]

I just sent 5 bch and this shit is taking way too fucking long.
DO YOU HEAR ME?!
TOO FUCKING LONG.
without lightning btc dies period

[Anonymous No.10022852]

>>10022465
https://youtu.be/x2r3cPHANeM

[Anonymous No.10022863]

>>10022824
How long did it take you to write?

[Anonymous No.10022895]

>>10022863
man i dont keep track of stuff like that, it started as just a couple of points the first time and then i added to the list the second time i posted it

[Anonymous No.10022916]

Bitcoin's days are numbered.

[Anonymous No.10022998]

>>10022775
Dude, this doesn’t even make sense.

>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.
This is blatantly false. Somebody routing through you cannot deplete your funds.

>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.

Its ONE on-chain transaction, this logic is retarded.

>if you have 1 BTC and open up four channels with 0.25 BTC on each channel it's impossible to send more than the unspent amount of BTC on that channel even though you own more than 0.25.

No shit? Don’t open 4 channels if you want to make a large purchase and dont have much capital.

> 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.

No you aren’t trapped and you aren’t penalized for leaving. The lightning network is to be used for micro transactions, onchain transactions are still going to occur. Also the lightening network is integrated with the bitcoin blockchain, there will not be a lightening network token, ridiculous.

[Anonymous No.10023023]

>>10022768
Thats good foresight

[Anonymous No.10023032]

[Reminding intensifies]

[Anonymous No.10023045]

>>10022775

Stopped reading at 2 because of how blatantly wrong that was lmfao

[Anonymous No.10023456]

>>10023032
Those graphs only prove lightning is shit.

[Anonymous No.10023459]

false dichatomy. 0xbtc solves all of these problems once eth goes onto casper. not to mention it can be integrated into smart contracts.

[Anonymous No.10023544]

>>10023456

I know

[Anonymous No.10023608]

>>10023045
if you think it's wrong you are misinformed.

money does not flow in the lightning network as if through tubes. money slides in their individual channels from one end to the other.

>>10022998
>This is blatantly false. Somebody routing through you cannot deplete your funds.
you're misinformed over how lightning network works. here's how it works:
https://www.youtube.com/watch?v=pOZaLbUUZUs

>Its ONE on-chain transaction, this logic is retarded.
yeah so if i goes to a coffee shop that only have depleted lightning channels i have to make an on-chain transaction

>No shit? Don’t open 4 channels if you want to make a large purchase and dont have much capital.
but if i only have one channel i will be dead in the water if that node goes offline. are you suggesting i connect only to master nodes that are owned by banks and guarantee me to not go offline?

>No you aren’t trapped and you aren’t penalized for leaving. The lightning network is to be used for micro transactions, onchain transactions are still going to occur. Also the lightening network is integrated with the bitcoin blockchain, there will not be a lightening network token, ridiculous.
we have already seen examples of people unable to withdraw their bitcoins from lightning. besides, if LN keeps growing and 1 MB blocks stays the same the on-chain fees will keep growing as well. who in their right mind would ever want to close their lightning channels if it cost them 100 dollar fees just to get back your locked bitcoins? of course it's designed to trap you off-chain.

[Anonymous No.10023678]

>>10023608

Just think of how often corecucks get BTFO these days

>Bitcoin Gold BTFO by 51% attack, showing non-mining nodes do nothing
>BTFO by store of value claim when bitcoin drops 70%
>Lightning Devs admit lightning can't scale
>Major retailers all drop them and pick up bitcoin cash via bitpay
>BCH reaching higher highs and higher lows

[reluctant kneepad girl No.10023686]

what the heckies is "lightning network" ???

[Anonymous No.10023691]

>>10023678
The best part is they talk about "bcash" more than they do LN or BTC, it's like they're scared or something..

[Anonymous No.10023707]

>>10023691

[Anonymous No.10023734]

>>10023608
Corecucks will never admit their LN is just a mess of abacus boards zip-tied together

[Anonymous No.10023754]

>>10023734

Why would they? Most of them bought ATH and are terrified of losing the rest of their money

[Anonymous No.10023784]

saw this just now, pretty spot on concerning BTC scaling
https://youtu.be/u_o0k1Q5Qs4

[Anonymous No.10024061]

LN has more daily traffic than bcash
so keep crying you deluded bag holders

[Anonymous No.10024071]

>>10023678
and how many times have your flippening attempts failed? how many operation dragon slayers have come and gone with nothing happening?

[Anonymous No.10024080]

>>10024071

>all news bullish for BCH
>All news bearish for BTC

I know you corecucks are patient given you keep waiting 18 months for LN to be useful

[Anonymous No.10024124]

>>10023754
(((most))) people buying the ATH is literally impossible. You're down way worse if you bought the bitcon trash ATH.

Oh and literally nobody uses BCH, pic related.

[Anonymous No.10024155]

>>10024124

Bitcoin can't even handle the volume needed to get back to ATH. Your coin is dead. Accept it

[Anonymous No.10024181]

>>10024155
>Your coin is dead. Accept it
Says the increasingly nervous bch bag holder for the umpteenth time.

>>10024080
What bullish news is there for bch?

[Anonymous No.10024204]

>>10022465
All cryptos are bad joke complete failure as they're priced in fiat currency centralized around exchanges without anonymity with get rich quick hype add the only demand

[Anonymous No.10024228]

>>10024155
I'm still holding some BCH that I got FOR FREE but I dumped most of it at 0.24 BTC. No regrets.

>>10024155
>Bitcoin can't even handle the volume needed to get back to ATH.

ohoho that's rich. go to txhighway.com. lt's a transaction visualizer literally CREATED by cashcucks like you to demonstrate the superiority of BCH and it's "32 lanes" (32 MB blocks) when it turns out that it literally doesn't even require one.

Being a BCash maximalist. I can't even imagine.

[Anonymous No.10024233]

Bcash LoL

[Anonymous No.10024266]

Cashies are mentally ill, only a matter of time until they're trying to kill people, stealing tanks or who knows what again. https://www.yours.org/content/persecute-bcore-leaders-for-stealing-bitcoin-name---fuck-the-white-pap-85b306a8dee1

[Anonymous No.10024279]

>>10022775
hi turbobrainlet.
I see that you need to brush up on how payment channels work.
If you're going to make shit like that list, don't you think you should be certain you're correct?

[Anonymous No.10024390]

>>10022465
>>10022570
As simple as I can, in the words of Roger Ver, literally
> muh store of value
I make like 6 real transactions a year, maybe I should use 144 blocks or some shit. If lightning ends dying fine, routing certainly looked like a mess but I don't know if they've advanced since the last time I checked. And if shit takes too long to find a scaling solution then it will be punished.

[Anonymous No.10024408]

>>10024279
you missed the link: https://www.youtube.com/watch?v=pOZaLbUUZUs
the lightning network channels do work that way

if you're referring to micropayment channels on-chain i know how they work as well
https://bitcoin.org/en/developer-guide#micropayment-channel
they are currently not possible on BCH but may be in the future

have a good day man

[Anonymous No.10024456]

Not gonna lie, former Bitcoin voter here. This is fucking hilarious watching Corecucks crash and burn. But in all seriousness we can't let this guy get the lightning network.

[Anonymous No.10024715]

>>10024408
I'm pretty sure you don't even understand this video

[Anonymous No.10024722]

>>10024071
lol

[Anonymous No.10024735]

>>>/r/eddit
You stay there
All of you

[Anonymous No.10024752]

>>10024715
hehe. well, see you around mate.

[Anonymous No.10024791]

>>10024722
>market dominance drop off point when btc is worth 1k
What does this prove exactly?

[Anonymous No.10024812]

>>10024791
you're right there's absolutely nothing wrong with losing market dominance
all in btc

[Anonymous No.10024825]

>>10024124
>The absolute State of cashies

[Anonymous No.10024831]

>>10022465
BCH vs BTC is one of the top 3 most autistic fights on the internet along with gif pronunciation and vim vs emacs

[Anonymous No.10024835]

>>10024812
Please understand how market capitalization is calculated you absolute brainlet
BTC actually gained value from the drop off point. All the money that came into the market went into BTC and stayed in BTC. It only lost "dominance" because countless 1b supply shitcoins with $20,000 24h volume were created.
If you cant understand basic numbers then what the fuck are you doing in the market dude. Top Lmao.

[Anonymous No.10024839]

>>10023032
Woah, so you're saying LN works best for..........small payments?

no fucking shit retard

[Anonymous No.10024849]

>>10024835
sure thing rakesh, I hope you're all in btc

[Anonymous No.10024859]

>>10024831
Dont forget the tiger vs lion discussion or Jiu jitsu vs MMA

Bcash 0$ end of year screen cap this and check em

[Anonymous No.10024862]

>>10024849
Non argument. Stay BTFO.

[Anonymous No.10024879]

>>10024862
god bless you sir
a true hodler

[Anonymous No.10025268]

[Anonymous No.10025284]

>>10024266
Corecucks are already way ahead in the murder game by trying to false flag swat Jameson Lopp last year.

[Anonymous No.10025347]

>>10022843
You can use 0 conf on BCH transactions

[Anonymous No.10025392]

>>10022465
If you had the choice between using Bitcoin Core (high fees, unreliable) and Bitcoin Cash (low fees), which one would you chose?
For me the answer is clearly Bitcoin Cash.

[Anonymous No.10025430]

>>10025392
since no one wants to pay his coffee with bcrap OR btc it makes literally no difference
so btc is the winner

[Anonymous No.10025488]

>>10022465

BTC > LTC > everything else > BCH

[Anonymous No.10025883]

My advice is to invest in what you perceive as a threat to your prior investment.

[Anonymous No.10026016]

>>10025284
>Corecucks are already way ahead in the murder game by trying to false flag swat Jameson Lopp last year.
Because there's no way cashies are crazy enough to try and kill core devs. Of all the crypto currencies bcash is the only one where if I say something bad about it online I regularly get abusive private messages from it's completely unhinged supporters.

[Anonymous No.10026033]

>>10026016
you should see the way they treat roger ver its almost cointelpro

[Anonymous No.10026175]

>>10026016
could it be that if you were more respectful you wouldn't get so much hate? in just two posts you've already called bitcoin cash supporters "mentally ill" and you've made sure to use the term "bcash" even though you know it triggers some people. could it be that the problem is you?

[Anonymous No.10026176]

>>10026033
>you should see the way they treat roger ver its almost cointelpro
Roger likely has a serious mental disorder, the amount of groups supposedly out to get him over the years is beyond belief and more realistically attributed to paranoid delusions. He's unable to deal with the issue that he is below average intelligence and has no idea what he is talking about when it comes to any software or technology. As a result of his arrogant and obnoxious behavior he tends to get banned from forums or trolled by irate users, he then attributes this to some sort of grand conspiracy to persecute him.

[Anonymous No.10026187]

>>10026176
salty corecuck

[Anonymous No.10026239]

>>10026175
Nope, I use to be polite to them, gave up after the majority of them being abusive, I was actually fairly pro bcash back in the early days of the fork but then the poor behavior of project backers, cancerous community and plans to use software patents to attack other crypto drove me away from it and I refuse to hold it ever again.

[Anonymous No.10026245]

>>10024124

please use the superior https://txhighway.cash/

[Anonymous No.10026294]

>>10026187
Great way to refute what I just said, and people are asking why I implied many cashies are mentally ill.

[Anonymous No.10026300]

>>10026294
BCORE BCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCOREBCORE

[Anonymous No.10026323]

just like wozniak sayed in an interview "bitcoin will be the ONLY digital gold"

[Anonymous No.10026349]

>>10024228
yeah being prepared for future use is so dumb. better to just stay 1mb.

[Anonymous No.10026549]

>>10026239
i'm sure your charm have been able to convert many evil bcashies in your days before they finally drove you to be so bitter.

[Anonymous No.10026562]

>>10026245
haha, that's brilliant

[Gerhard van Dieren No.10026731]

Can you Bcrashies please just leave crypto? All you do is leech off the name of BTC and try to convince us you have better tech while both are absolute shit. One of the two has the first mover advantage and is digital cold and the other is just bcash.

Just. Stop.

BCASH is over, in all these years of crypto we've seen that next to nobody is willing to pay with a volatile asset as currency. Stablecoins will do that job you fucking idiots, you think businesses will use BCASH if there is always a winner and a loser in each transaction because this piece of shit wont stop crashing during the shitcoin purge?

It's almost as if /biz/ is unironically full of neets that have no clue how to socially interact, let alone do business.

Hell even shitcoin e-BTC has more functionality and makes 100x more sense, but for the above reason it wont survive the shitcoin purge either.

Bitcoin will stay, like it or not.

Bcrash to 0

[Anonymous No.10026776]

>a wants to tip b
>b first has to open a channel with larger balance than the tip
>this is the future of money according to core cucks

[Anonymous No.10026835]

>>10026731
Cashies aren't real.

The Roger Ver crowd used to be mocked by everyone here at the mere mention. It wasn't until the plans for the bcash fork took form mid-2017 that suddenly this board was flooded by allegedly "real" users that not only diligently shilled bcash every day hence forth, but also spoke as if /biz/ had always been in favour of the these shenanigans.

Of course the actual block size of bcash blocks (100KB) tells the real story: Absolutely no one gives a fuck about it. Doesn't even have devs.

[Anonymous No.10027192]

>>10026835
Obvious paid core shill is obvious

Literally no one apart from paid shills supports AXA/Blockstream shit at this point

[Anonymous No.10027249]

>>10022465
nobody wants ya, bcash. capiche?

[Anonymous No.10027282]

>>10027192
Most of us don't even care about bitcoin that much, we just don't want bitmain fucking with crypto like they did to XMR, or nchain destroying crypto adoption with software patents. As long as cashies work to further Bitmains, nchains, rogers and the chinese communist governments agenda you will remain the enemy of all other crypto users.

[Anonymous No.10027315]

>>10026835
>Doesn't even have devs.
It isn't fully up to date but check this out: http://devs.cash/
A lot of places accept BCH as payment: https://acceptbitcoin.cash/

https://www.youtube.com/watch?v=qVUY3G8_ViM&feature=youtu.be&t=1244

@20:44 Calvin Ayre makes everybody that does business with him to deal in Bitcoin Cash.

[Anonymous No.10027349]

>>10026731

Bitcoin is digital gold
Bitcoin Cash is digital cash

You hoard gold, you spend cash, it's not hard to figure out the mindset behind why it was named this way.

[Anonymous No.10027438]

>>10027349
The problem is bcash people, especially it's financial backers are intolerant of all other blockchains. They demand one blockchain only, bcash. Bitmain is working on attacking the BTC chain by mining it at a huge loss then stopping when the difficulty is too high for anyone else to restart. Roger, Calvin and Craig are working on software patent trolling to target eth and anything with smart contracts, they plan to sue exchanges and any company using other blockchains so it's cheaper to just use bcash rather than fight the lawsuits.

[Anonymous No.10027459]

BTC fags are just nostalgic. BCH is clearly the future. Do you really think financial institutions are going to rely on poorfags running pi nodes. No, they will rely on the hundreds of thousands of data centers across the globe and millions of businesses who will invest the necessary resources to run a bigblock node. BCH is bringing the tech from out of the garage to the next level.

[Gerhard van Dieren No.10027631]

>>10027349
did you even read the original point i made you illiterate fuck?

[Gerhard van Dieren No.10027646]

>>10027459
There is no helping you, have fun buying bags lmao

[Anonymous No.10027705]

Let's just make the wheel bigger.. hurr de Durr

[Anonymous No.10027711]

>>10027646
I have both faggot. I will probably end up selling all of my btc for eth,bch,link

[Anonymous No.10027731]

>>10027705
Ok

[Anonymous No.10027767]

>>10027731
MUCH faster! Bravo Anon!

[Anonymous No.10027786]

>>10027459
There's no reason to not use something like ripple instead in that case, BCH loses all censorship resistance in that situation, there's no reason at all to have miners either. Bcash is one of the slowest and least efficient databases in existence, it literally has no use if you move everything to major datacenters where governments can enforce demands. You're deluded if you think it will retain any decentralization, try hosting a bunch of pirated movies on AWS and let us know how well it stands up to censorship.

[Anonymous No.10027819]

Satoshi disagrees with BCash

[Anonymous No.10027831]

Wanna buy some Bitcoin ?

[Anonymous No.10027833]

>>10027767
Yeah, because microsoft is a trusted company when it comes to decntralization.
>>10027786
Total delusion.

[Anonymous No.10027877]

>>10022768
BCHina is stoppable. As a matter of fact, it's going to get forked into oblivion in September's attack. You can still dump it for Bitcoin before it becomes an exposed worthless token.

[Anonymous No.10027888]

>>10027833
>Total delusion.
Really? Explain why I'm wrong cashie.

[Anonymous No.10027990]

>>10027877
lmfao this has to be a joke

[Anonymous No.10028064]

>>10027877
Is this bollocks? Why wouldn't it work?

[Anonymous No.10028090]

glad i sold my bcash the ratio is pretty low lol. hope you didndt stick with it.

[Anonymous No.10028094]

>>10028064
>attacking bitmain coin
OMEGALUL

[Anonymous No.10028198]

>>10028094
>he still hasn't realized Jihan is playing with you cashies

[Anonymous No.10028230]

>mfw cashies will never understand that their project depends on a strong btc

>mfw cashies will never understand that btc objectively did all the work by inspiring the miners to actually make the currency work and therefore will always get the glory

>mfw cashies are people who have already committed suicide and just don’t realize it yet.

[Anonymous No.10028235]

BCH = Bitcoin CHina
Roger Ver sold out for an endless supply of young asian boys.
To be fair, this wasn't entirely unexpected by anyone that knows Roger.

[Anonymous No.10028238]

>>10028064
Not sure, they claim: they will combine a 51% mining attack along with suppression of the small amount of full nodes, then they will mine many 32mb full blocks with junk data. They claim that due to bcash not incorporating recent database updates when they feed the miners a ton of 32mb blocks it will require over 200gb of ram for them to try and clear the mempool or something similar. Supposedly since none of the miners or bcash nodes likely have 200gb+ of ram the machines will just halt as they endlessly try to use swap file to the point the OS does not respond.

I can only confirm the ram thing, a few times while doing 3d rendering I have used too much ram, even 4gb over is foul, it took me 45 mins to cntrl alt del and kill the 3d program, another time I went 10s of gb over and had to hardware reboot.

[Anonymous No.10028321]

>>10027438
You're making it too apparent, tone it down a notch.

[Anonymous No.10028333]

>>10027192
>defender of fork coin with 0 new features and no usage accuses defender of original coin with more features and the real global usage of being a paid shill

Epic retort bro, very believable.

>>10027315
What devs really? Literally the only changes BCH made was increasing the block size limit number from 1 to 8, changing the diff algo to a hacky one that would allow the fork to survive even without user interest. Later "they" increased the block size again (even though current usage isn't filling even 1MB blocks lmao) and re-activated old OP codes (i.e., no development again, just re-using old stuff). I've also seen cashies brag about plans to add bullet proofs, which is hilarious as the whitepaper for bullet proofs was written by actual BTC devs.

The only BCH client dev in existence as far as anyone knows is that one french goatee dude and when he speaks in public he can only repeat the same old talking points Ver & friends have been repeating for ages, 0 technical points, 0 development.

[Anonymous No.10028356]

You fucking mongoloids. This is a planned stress test and it will only prove bch works and is the real bitcoin. Sell your btc while you still can. September is the cutoff

[Anonymous No.10028367]

>>10028333
i did provide a link that shows several different projects (showing that there are several developers interested in BCH), dunno what more you want from me

[Anonymous No.10028398]

False dichotomy stand back as the real king emerges.

[Anonymous No.10028421]

>>10028356
T E H C O P E
megakeks

[Anonymous No.10028502]

>>10028333
also just in case you mean the devs of the two most used full node softwares:
https://github.com/Bitcoin-ABC/bitcoin-abc (446 contributors)
https://github.com/BitcoinUnlimited/BitcoinUnlimited (402 contributors)

bitcoin core:
https://github.com/bitcoin/bitcoin (552 contributors)

some contributors have very few commits, it's like that on all projects.

[Anonymous No.10028519]

>>10028367
Who is developing the BCH client? What improvements/changes did "they" make that justify this hard fork?

The argument Ver & friends use is that there were many users that needed/wanted bitcoin with a bigger block size limit, yet BCH consistently pumps out blocks of 100KB or less. Nobody uses it. How do you expect anyone to believe then that all the BCH shilling in here, twitter, reddit, etc is organic?

Bitcoin has 10x more usage than BCH yet BCH has 10x more shilling, why could that be hmmmm.....

[Anonymous No.10028576]

>>10028519
check the previous post >>10028502

also should mention Electron Cash as well
https://github.com/fyookball/electrum (214 contributors)

there's an exciting plugin happening for Electron Cash called CashShuffle which helps with anonymity, though it's not in full swing yet

[Anonymous No.10028678]

>>10028502
you are an idiot. Github isn't the "official" repo for bitcoinabc. it is only a mirror.

[Anonymous No.10028694]

>>10028576
Post above doesn't answer the question:

>What improvements/changes did "they" make that justify this hard fork?

[Anonymous No.10028723]

>>10027315
half the projects on this site are vaporware asking for donations and the other half are novelty niche sites, also asking for donations.

[Anonymous No.10028733]

>>10028502
dumbass go to those githubs, then click the insights tab, and have a gander at the contributors section.
I'm sure you will see why you're a dummy.

[Anonymous No.10028749]

>>10028733
No need to be rude, the guy is just doing his job.

[Anonymous No.10028779]

>>10028749
kek

[Anonymous No.10028826]

since bitcoin unlimited, xt, and abc are forks of bitcoin core, they all have the same devs up until the fork date. after that you can see the most commits are the current maintainers of that code. unlimited has like 2 and abc has 1 and xt has the latest Gavin Andresen commits. Parity has a bunch of devs rightfully so since they support different platforms. and the bitcoin abc core development repo uses phabricator
>https://reviews.bitcoinabc.org/
I'm not sure how open this repo is to contribution but their github is basically window dressing.

[Anonymous No.10028849]

>>10022465
What a shitcoin in BCH, can't even fucking sell because nobody wants to buy that shit. Volume is a shitshow, nobody accepts it. When will you losers admit defeat already.

[Anonymous No.10029212]

>>10028678
oh yeah?

>>10028694
the blocks becoming full was the main reason, business are leaving BTC left and right because nobody want to build on top of something that can randomly get super high fees. BCH blocks are small right now because it's only 10 months old, but businesses can look at all that free space in the blocks and feel confident that fees wont randomly go out of control.

there were also the ideological difference, to stay true to the whitepaper

>>10028733
thanks for the tip although i don't see what you're referring to

[Anonymous No.10029930]

>>10029212
>the blocks becoming full was the main reason, business are leaving BTC left and right because nobody want to build on top of something that can randomly get super high fees. BCH blocks are small right now because it's only 10 months old, but businesses can look at all that free space in the blocks and feel confident that fees wont randomly go out of control.
>there were also the ideological difference, to stay true to the whitepaper
The main reason business left was bitpay, the only payment gateway that gave merchants USD payment was working with Roger and bitmain to push bcash, they deliberately didn't activate segwit support despite knowing it would damage BTC adoption. Both Bitpay and coinbase (also connected to roger) purposely refused to add segwit support to their wallets in an effort to fill the blocks and make sure BTC fees would climb in the hope it would allow bcash to flip BTC. They failed miserably and accomplished nothing besides delaying crypto adoption for a few years.

The reason bitpay are so keen for BCH is they want to sell their own off chain 0-conf service to merchants where you can only spend BCH from bitpay approved online wallets. Once of the reasons BCH is so opposed to full nodes is they don't want people be able to have full access that would make it easier to double spend completely insecure 0-conf transactions.

[Anonymous No.10029948]

>>10029930
>The main reason business left was bitpay, the only payment gateway that gave merchants USD payment was working with Roger and bitmain to push bcash

ahaha holy shit. EVERY business said they switched off bitcoin because of high fees. Delusional as fuck corecuck. Also miners doublespent on Bitcoin Gold; Non-mining nodes didn't do shit to stop them. You have no clue of what you're talking about

[Anonymous No.10030313]

>>10029212
yeah. you should stop pretend to be intelligent.
> to stay true to the whitepaper
this is propaganda regurgitated by bcash shills. A.) the whitepaper is about the proof-of-work scheme used to solve the double spending problem of Wei Dai's B-Money... pic related (referred to as the "existing framework of coins made up of digital signatures" aka digital cash). and B.) since the whitepaper is actually about the proof-of-work and bcash forked with two or three different difficulty adjustment hacks of the proof-of-work... the bcash trash are the ones who go against the whitepaper. retard.

[Anonymous No.10030380]

>>10022790
>someone just 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 BIP70 or whatever protocol that bitpay uses, you sign the TX and send it to them and they broadcast it if it's to their liking.

[Anonymous No.10030403]

>>10024071
>b-but, th-the price...!

[Anonymous No.10030506]

So when is ETH flipping BTC? In 18 months sharding and POS will be complete.

[Anonymous No.10030511]

wew lad, looks like Blockstream paid for another FUD campaign big time

Bcash bcash bcash bcash
might as well just run around saying 'im afraid im afraid im afraid im afraid'

Bitcoin Cash is the real Bitcoin people, ignore the pajeets they're just after some rupees and will be gone as soon as the campaign terminates.

[Anonymous No.10030577]

>>10029948
>ahaha holy shit. EVERY business said they switched off bitcoin because of high fees. Delusional as fuck corecuck. Also miners doublespent on Bitcoin Gold; Non-mining nodes didn't do shit to stop them. You have no clue of what you're talking about
Yes, bitpay and coinbase conspired to push fees higher by not updating their software. BTC still may need a blocksize increase a little later but segwit provided enough capacity for the short term without requiring a hardfork. That's not to say blockstream are the good guys by default but they didn't actively sabotage BTC like bcash proponents have been.

[Anonymous No.10030590]

>>10030577

Segwit doesn't reduce fees. It's extra capacity is like +.7 MB and that's only if everyone is using it. It's pitiful

[Anonymous No.10030651]

>>10030590
What did they mean by this?

[Anonymous No.10030659]

>>10030577

>bcore $100+ fees during December
>refuses to increase blocksize
>300,000 transactions pending for months
>introduces disastrous irreversible code which damages the very foundation of what Bitcoin is
>Blockstream didn't' sabotage BTC

No this is not a pajeet /biz/ this is clearly a logical person posting honest thoughts. Did you know that if we increased hard drive storage capacity to 2MB the world would end? Best to keep it at one 1MB forever amirite?

This whole saga is fucking pathetic. Just buy your fucking Bitcoin (BCH) back and let's fucking move on with our lives Jesus fucking Christ this is ridiculous. ONE FUCKING MEGABYTE IS FUCKING NOTHING.

[Anonymous No.10030804]

>>10030659
Yes the fees were high before coinbase added segwit and jihan was furiously flooding the network in an attempt to drive fees high so he could try (and fail badly) flipping it with the coinbase bch launch. Something like 2mb to 8mb blocks wouldn't be a bad idea now, the issue is there's no way to do it without a hardfork. BTC has few options for governance besides seeing what the nodes support, which makes it near impossible to get everyone to agree on hard forks.

[Anonymous No.10030863]

>>10030313
you sure gave me a good talking-to buddy

>>10029930
how segwit support went from below 40% to around 95% as soon as a block size increase was promised (segwit2x). few wanted segwit but it was a compromise, unfortunately they agreed in the new york meeting to first activate segwit and then later the block size increase instead of doing both at the same time. adding a bunch of technical debt (introducing irreversible complexity for a short term gain) to at most increase tx/sec by 30-70% at 100% segwit adoption just wasn't worth it compared to increasing the block size limit (1 line of code).

don't worry about 0-conf being potentially insecure in some cases, updates are being worked on to relay inputs that are part of double spend attempts. i do know that some merchants are pretty lax with properly accepting 0 confs though (for example verifying that the fees aren't below 1 sat/byte)

[Anonymous No.10030939]

>>10028238
Bitpico is completely full of shit, this is the same guy that said he had 51% hashrate for 2X

[Anonymous No.10031104]

>>10030863
>new york meeting to first activate segwit and then later the block size increase instead of doing both at the same time.
Yeah that well known time all bitcoin users flew to new york for a secretive meeting the public couldn't see. No one wants a cryptocurrency controlled by a cabal of chinese miners hence bcash price being dogshit despite being propped up. If it were easy to get consensus to fork BTC they would have forked to larger blocks and bricked chinese ASICs when the same dickheads demanded blocksize not be increased years earlier.

[Anonymous No.10031357]

>>10031104
bcash's price being dogshit? it's second only to BTC and that's pretty impressive for something having only existed for 11 months.

[Anonymous No.10031733]

>>10030863
kys

[Anonymous No.10031773]

>>10030863
no argument?

[Anonymous No.10031799]

>>10030804

Don't make up fucking nonsense you lying pajeet. If anyone tried to spam the memepool it would have costed millions, and for what gain? Fuck you.

The fees were out of control because the blocksize is ridiculously small. Kill yourself.

[Anonymous No.10031839]

>>10031773
your post wasn't exactly needed to be taken seriously

>>10031733
>image
remarkable that Bitcoin Cash already have the same hashrate as Bitcoin had this time last year when BCH is just 11 months old

[Anonymous No.10031841]

>>10031733

whoop de doo someone opened some do nothing nodes, just exactly what Blockstream is shilling corecucks to do for the past 3 years.

[Anonymous No.10031884]

>>10026349
There is scaling in a smart, appropriate, and strategic way and then there's "preparing for the future" like this North Korean hotel that was supposed to open in 1989 but remains hollow and empty to this day.

[Anonymous No.10031930]

>>10031884

Yeah there is a smart, appropriate and strategic way to scale and it definitely means provide excess capacity for your users before it is needed. For Blockstream that involves making transaction fees absurdly high and forcing users onto their sidechains while dangling a carrot that will never work to distract people aka the piece of shit known as the 'lightning network'.

This is why Bitcoin Cash continues to increase the blocksize, not for today but in preparation for tomorrow.

[Anonymous No.10032064]

>>10031839
Nope dead serious. amaury sechet is not now nor has he ever been a cypherpunk. His first contributions to bitcoin took place after the attempted bitcoin unlimited fork when he couldn't figure out how to make the software work on Debian back in September of 2016. He is a former developer for (((FaceBook))) until Dec 2016. He is a fraud. Bitcoin Cash is a fraud. there is no team of developers for bitcoin cash. only him and two other dudes who are from bitcoin unlimited.

[Anonymous No.10032077]

>>10031930
>For Blockstream that involves making transaction fees absurdly high

Weren't Jihan and Roger complaining about SegWit tx's being 'unfairly' low?

[Anonymous No.10032086]

>>10022465
Why not just shut the fuck up and take a short position then?

[Anonymous No.10032206]

>>10030659
fees were never that high
keep trying shill

[Anonymous No.10032243]

>>10032077

See, try again corecuck
>>10030651

[Anonymous No.10032265]

>>10032064
if you want to make people take you seriously you shouldn't open with insults like before. whatever you say now i just see someone that pull lies out of their ass to protect their investment. you're clearly not someone in pursuit of the truth, whatever that may be. remember it for the next thread.

[Anonymous No.10032305]

>>10032265
>lies
everything I've said is easy to research.

[Anonymous No.10032311]

>>10032206
https://www.trustnodes.com/2017/12/20/bitcoin-fees-rise-30-per-transaction
https://arstechnica.com/tech-policy/2018/02/bitcoins-transaction-fee-crisis-is-over-for-now/

They absolutely did reach $100 for some impatient people who wanted to skip the kiked Bcore transaction queue, otherwise you could fork out $30 or $50 and wait a month for your transaction to confirm.

[Anonymous No.10032358]

>>10032265
>you shouldn't open with insults
awe the turboshills have widdle feelings... Wrong my claims are irrefutable is why y0u refuse to address bitchface fuckstick waste of space loser.

[Anonymous No.10032409]

>>10027282
Ah yes, miners are the enemy and BlockStream totally didn't sabotage BTC so that they could sell their propriety shit that nobody wants

[Anonymous No.10032429]

>>10028333
Show me something like memo.cash on Blockstream Bitcoin

[Anonymous No.10032471]

>No shit? Don’t open 4 channels if you want to make a large purchase and dont have much capital.

>$6,300
>"Don't have much capital"
Sorry elitist brainlet I had no idea bitcoin was only meant for the top 1% to transact on.

[Anonymous No.10032478]

>>10032305
so what? i can tell you to go research some bullshit and why would you do that if i had been rude the very moment prior.

>>10032358
you don't learn, do you?

[Anonymous No.10032508]

When will 1 Shitoshi be worth 1 Satoshi!?
Tell me! I need to know! RRREEEEEEEEEEE