[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 173 KB, 814x965, 1528757011392.png [View same] [iqdb] [saucenao] [google]
10214378 No.10214378 [Reply] [Original]

It'll be the worst mistake of your life.

I repeat, do not buy bitcoin cash.

Its a shitty fork of a shitty coin.

>> No.10214396

>>10214378
stfu corecuck stop polluting this board with your bitcoin core propaganda, honeslty every single thread i look at there is some gay lord shilling Bitcoin Core (BTC) to newfags who fall for the huge billion dollar scam only us enlightened bitcoin cash users are aware of.

>> No.10214424
File: 582 KB, 1282x822, bgassed.png [View same] [iqdb] [saucenao] [google]
10214424

>>10214378
fuck off kike

>> No.10214426

you dont need to single it out. dont buy any copy paste clone, because they'll never be able to surpass the original, unless the original had some serious distribution issues.

litecoin, "cash", stellar, tron, dash, ethereum classic, even coins like zcash. all fundamentally worthless in the long term. if you're just here to flip shitcoins and worthless alts, go ahead, but long term nobody is going to care about copy and paste coins, and those with an attention span longer than a child have been able to wait around and invest in real innovations in the space, like ethereum. and we're still waiting for number 3.

>> No.10214430

>>10214396
>>10214424
don't you think your copy + paste replies are getting as tired as your copy + paste shitcoin?

>> No.10214442

>>10214430
i'm jk

>> No.10214445

>>10214426
lol even your own logic is flawed. Ethereum classic (etc) was the original, ethereum (eth) was the fork to fix a hack. Just like bch was a fork to fix the scaling issue.

>> No.10214460

>>10214445
i added ethereum classic to the list because it's representative, but as far as forks go it's the only legitimate one i've seen, because it was fighting against centralization, while every other fork has been a beacon for it, allowing a few to get more control over mining or development.

>> No.10214467

>>10214396
BTC and BCH are both shit.
BTC is only so valuable because it was first and is soaked into the fabric of the crypto space.
BCH is only so valuable because it was the first alt with bitcoin in it's name, and all the normies took it as there second chance at a moon mission.
Technology wise they are both shitcoins with nothing to offer, and one day crypto will move forward without them.

>> No.10214479
File: 101 KB, 363x275, bitcoinpinkman.png [View same] [iqdb] [saucenao] [google]
10214479

STOP ADOPTING BITCOIN CASH OH GOD LIGHTNING SAVE US

>> No.10214483

>>10214467
not even the first shitcoin to try and take advantage of the bitcoin name, there were about 5 or so shitcoins that came out a few years earlier, but their fate is the same for all.

>> No.10214499
File: 163 KB, 1018x940, 1524002326131.jpg [View same] [iqdb] [saucenao] [google]
10214499

>>10214445
ethereum classic had no support with the community or the miners. Same with bitcoin cash. Most of the miners and users of bitcoin use bitcoin core and regard it as the real bitcoin. Therefore it is. Stop trying to manipulate newbies into thinking bitcoin is bitcoin cash. You guys are clearly the minority. You are just so loud and retarded it's hard to ignore you. Focus on your shitcoin and leave the rest of us alone. The only reason anyone is still talking about bitcoin cash is because you guys decided to co-opt the brand. If you had called your coin bcash, you would be irrelevant.

>> No.10214519
File: 231 KB, 1334x750, 2D5EB085-CF3D-4D94-B275-8DB16E2784EC.png [View same] [iqdb] [saucenao] [google]
10214519

>>10214378
The pure delusion. You retards actually think you have fundamentally analyized link and are some sort of elite investor. You know about link because its been shilled to fucking death on this shitty board with terrible infographics and extremely far reaching claims with no evidence. I guarantee none of you have actually even tried to use the testnet or have even considered the token economics at play here. The testnet is a peice of trash centralized (it uses one source) API scraper that uploads data into a non self executable smart contract. A fifteen year old could write the code to do this, it tests nothing envsioned in the whitepaper. Now for the token economics 35% of the total supply is in the hands of Sergey himself. The top 100 wallets control 85% of the supply of this coin and its not exchanges. Binance, the biggest exchange owns ~2% of total supply. Your investment can be quite literally wiped out overnight without a moments notice. Going all into this project is probably one of the stupidest things you can do with your money but retards like you keep lining up thinking you are the next Warren Buffet. Chainlink is so far from a sure thing.

>> No.10214529

>>10214519
Since when was this thread about link?

>> No.10214545

>>10214499

Most people stopped using bitcoin because of high fees. Merchants won't touch your shitcoin once the price picks up.

>> No.10214612

>>10214499
the only difference is ethereum classic actually had a valid reason to fork. the chinks having a temper tantrum and wanting their own coin is not a valid reason for a fork.

i think ethereum would have been much better off without the DAO bailout, but it's clear bitcoin would be in a terrible position if the global community let the chinks consolidate even more control in bitcoin.

>>10214545
most people wernt using bitcoin for anything other than speculation anyway. without off chain transaction consolidation, blockchains are completely unsuitable without something like sharding, or an as of yet discovered way of supercompressing transactions on chain.

>> No.10214719

>>10214499
lol shut the fuck up retard, not even sure if you're actually human or just a shill bot

the people behind bitcoin cash can flip this shit any day, so i would watch your shilling

>> No.10214736

>>10214545
and here we go again.
The classic, bcash shitposter.
Instead of focusing on his currency and how it can improve the world, he focuses on bitcoin core.
>WAAH BCORE IS RUN BY BLOCKSTREAM
>WAAH LIGHTNING DOESNT WORK
>WAAH BCORE LOSING MERCHANT ADOPTION
seriously fuck off. You're entire shitcoin's platform is based on debasing bitcoin core. If you seriously wanted to create a peer to peer electronic cash system, you would focus on your platform, not bitcoin core's. The way you guys write your posts make it sounds like you're on hillary's campaign staff.
>WAAH TRUMPS A RACIST
>WAAH TRUMP HATES GAY PEOPLE
>WAAH TRUMP IS LITERALY HITLER'
what do you do you stand for hillary?
>...
Same for you guys. What the fuck is your vision? A global currency?
Doesn't seem so, since you're trying to scale a flood network. You realize, that increasing the block size, only scales linearly. How the hell do you think that's going to work when there are 7 billion people on the planet? I'd at least have a little respect for you if you guys believed in bigger blocks and another scaling solution, but you literally shit on lightning and any second layer solutions because they are not "on chain". Seriously do you guys have down-syndrome? If there is ever going to be a global currency, it's definetly going to be something built on top of a base layer protocol. Expecting everyone on the planet to keep track of every transaction is retarded. There needs to be a way to delegate transactions-verification methods to more localized systems for this shit to actually be used by everyone. Hence why lightning is actually important. Lightning is essentially compressing a bunch of transactions that happen "locally" (by local I mean, not on the blockchain), into 1 transaction on the block chain. The transactions that happen outside are still verified, they're just not pushed to the blockchain because they don't need to be. That's all it is.

You guys are seriously just a bunch of divisive jews.

>> No.10214779

>>10214719
>the people behind bitcoin cash can flip this shit any day
very debatable, given how if there was even a hint of that level of manipulation we'd see a repeat of 2017 where people exited into a safe coin like ethereum.

if the chinks try to play their little games all they'll be doing is setting crypto back another 5 years and throwing a lot of their money away.

>> No.10214790

>>10214736
it should be obvious to anyone now that a chinkcoin has no chance at becoming a global anything, so the reach of bcash is always going to be less than bitcoin, regardless of the valuation.

>> No.10214857

>>10214612
I do agree that vitalik's dictatorial hardforking of the network to undo a transaction was out of line and unwarranted. However, the majority of the network decided to side with him. Luckily for bitcoin, there isn't an authoritative overload like vitalik controlling the development. There is a large variety of developers who update the protocol by creating and having the network vote on Bitcoin Improvement Protcols (BIPs). **reminder** segwit was voted in, and accepted by 90% of the community.

>>10214719
Actual human. Not like you, subhuman pajeet. I'm not even shilling. I don't give a shit if you buy bitcoin core or kill yourselves. What I do give a shit about is how you are trying to convince people your shitcoin is bitcoin, when it clearly is not. Nobody thinks you, or your fringe group of retards, has anything valuable to bring to the cryptocurrency market. Your whole philosophy is based on increasing a fixed constant, and bitching about other peoples software. Software, might I add, that is constantly getting merged into your bitcoin-abc repository because bitcoin-abc only has 2 real developers. Nevertheless, for reasons nobody will ever know, you continue to divide the bitcoin community for no other reason than to stifle bitcoin's innovation.

>> No.10214870

>>10214857
the majority of the network coasted along with the "default" choice. the developers themselves decided, by only supporting one chain going forward. the actual "voter" turnout was something like 10%, there would have been as much support on either side, depending on what the developers decided to do.

>> No.10214886

>>10214424
Nice anti Semitic rhetoric

Shows the iq level of cashiers

>> No.10214893
File: 129 KB, 900x729, B8437185-182A-4070-8ADA-5F6D59CEA4A5.png [View same] [iqdb] [saucenao] [google]
10214893

>>10214857
>you continue to divide the bitcoin community for no other reason than to stifle bitcoin's innovation

>> No.10214908

>>10214886
Gas yourself, kike faggot.

>> No.10214937

>>10214893
can't see any other reason why you guys do it. If you guys truly cared about creating a better system, you wouldn't be constantly pulling this naming semantics bullshit you do.
>iM uSiNg ThE rEaL BiTcOiN (bCh)
Fuck you. Call your coin something else, so I don't have to see these threads every time I'm looking for bitcoin threads.

>> No.10214975

>>10214736
It should be legal to force corecuck maximalists like you to get euthanasia. First of all, a timeline where Bitcoin is used by 7 billion people doesn’t exist and never will. Second, there are already blockchains pushing more than 1000TPS on chain, so your little Lightning project duck-taped to BTC is at very least uncompetitive garbage that is said to handle only 100k users. It can’t be in any way a proper scaling solution.

>> No.10215056

>>10214736
> 7 billion people

There aren't even that many credit cards in existence

>https://wallethub.com/edu/number-of-credit-cards/25532/

Why do retards keep bringing up this number? No payment system needs to serve 6 gorillion people at the same time yet.

>> No.10215094

>>10214736
It's inaccuate to say that Bitcoin Cash supporters only desire infinite block scaling, though that is part of the discussion. See the below vids in youtube:
PKFkhWWiLDk
jn_Z72H0SwY
First one is analysis of Terabyte sized blocks, second one is talk about scaling options, touching on block size and lightning, and bringing up some other interesting potential solutions. It's foolish and shortsighted to assume that Lightning is the only solution or that block size increases are the only solution. It is, however, incredibly dumb to wait 4 years for a theoretical solution and hard stalling the bitcoin network instead of implementing short term changes. Bitcoin fucked its marketshare by waiting for naive idealists instead of being more pragmatic, and that doesn't seem to have stopped, at least in the Core environment.

>> No.10215101

>>10214975
it's a better solution than your shitcoin, faggot.
Not that I even give a shit about the functionality of your turdcoin. Hey guess what retard, there are trade offs to having a 1000TPS blockchain for storing every transaction. The main is STORAGE SPACE and BANDWIDTH. I'd like to see that blockchain last for 9 years like bitcoin has. If you seriously think tps is important in anyway, you are missing the point of bitcoin. It's not about TPS, it's about decentralization. Besides, your argument makes you sound like such a pussy bitch.
>there are faster methods so why even bother trying
why don't you go use a credit card or paypal or something. It has a way higher TPS than your shitcoin will ever have, so might as well use that. Oh that's right, it's not about the TPS. There's more to it. Maybe you consider the other factors, like the longevity of the system. Or consider suicide, that works too.

>>10215056
It's a goal. True, not everyone has a credit card, but I hope one day everyone will have a bitcoin wallet. It's just a long term goal, that will never be achieved by scaling blocksize. It may only be possible by scaling with offchain routing and sidechains, or it might not be possible at all. We'll just have to wait and see.

>> No.10215798
File: 114 KB, 796x752, Why BTC isn't Bitcoin.jpg [View same] [iqdb] [saucenao] [google]
10215798

>>10214378
Nice buy signal you're transmitting, OP.

>> No.10215813

>>10214545
lol

>> No.10215841
File: 51 KB, 600x458, micrognathia.jpg [View same] [iqdb] [saucenao] [google]
10215841

>>10215798
You do know that Adam Back the CEO of Blockstream is named in the whitepaper?

>> No.10215948
File: 32 KB, 773x421, blockstream ef91701bdedef6d1f176048585e79bedd13a541a51a5268ff60174e2d65f3e88.png [View same] [iqdb] [saucenao] [google]
10215948

>>10215841
Did you know that the Whitepaper was written years before Blocktream existed?

>> No.10215967
File: 39 KB, 1024x1024, Burger King.png [View same] [iqdb] [saucenao] [google]
10215967

I once heard the argument that "Bitcoin Cash is like someone making a fake burger stand in front of the Burger King shop and claiming to be Burger King."

THE REALITY is this:

Bitcoin Core / Blockstream is the one who got into Burger King as new management, and faced with the ever growing demand for burgers; they decided to NOT increase the number of burgers being made, due to having only 1 kitchen, and they tell customers ordering burgers to get a salad instead, because its better for them... but they will have to wait for it...

Bitcoin Cash is the new restaurant across the road with all the workers from Burger King who left BK so they can continue making the same classic burgers people want, AND they increase the number of kitchens so they can make more burgers faster to keep up with the demand. Customers get the same classic full-sized burgers and quickly.

Meanwhile, in the legacy "Burger King" shop with the new management, there people stand waiting in long lines to get their burgers AND as they finally get them, a janitor eats a huge chunk of the burger before the customer gets to hold it in his hands. People will eventually get tired of all that crap and switch to the other shop across the street.

>> No.10215985
File: 17 KB, 1312x107, BTC.png [View same] [iqdb] [saucenao] [google]
10215985

>>10214378
Blockstream receives their funding from AXA Strategic Ventures (owned by Henri de Castries). And from Digital Currency Group - a venture capital firm whose board director is Glenn Hutchins of the Fed Reserve Bank. MasterCard also invested in DCG.

>> No.10216001
File: 129 KB, 1838x2048, shit eating brainlet.jpg [View same] [iqdb] [saucenao] [google]
10216001

>>10215101
>STORAGE SPACE and BANDWIDTH
Which has been improving gradually over the years, you subhuman shit-eating troglodyte. 100TB SSD has been announced just 3 months ago. Guess what, you can also store the blockchain on a volume with the file system that supports real-time compression. The bandwidth is literally another non-issue you dumb luddite cucks cling onto. If you have enough money to start and keep running your own mining operation with $1000 per ASIC you sure as fuck can afford a better Internet connection than EDGE/Dial-up to host your node. Anyway, most miners don't bother to build their own infrastructure and use popular cloud computing services.
>It's not about TPS, it's about decentralization
Nice buzzword. LN as an off-chain scaling solution proposed by the Blockstream is an inherently centralised IOU quasi-banking system with poor security that's stacking fees on top of the bottlenecked main chain. Drink piss and die from AIDS, faggot.

>> No.10216020
File: 303 KB, 403x537, bcash 10174973_646839395370088_7141389154556358937_.png [View same] [iqdb] [saucenao] [google]
10216020

Some history on the paid anti-Bitcoin campaign (which turned into the anti-BCH campaign):

Shortly after Blockstream came active on the scene, every single anti-bitcoin troll on /r/bitcoin disappeared. In the years before that, there were a large number of anti-bitcoin trolls. Up until last year, you could go down to the bottom of pretty much any thread in /r/bitcoin and see many of the usual trolls who were heavily downvoted for saying things like "bitcoin is shit" and "you guys and your tulips" etc. But then suddenly they all disappeared. Instead, a new type of people appeared - people who said they were fully in support of bitcoin, but they just so happened to support every single thing Blockstream and its employees said and did. They had the exact same tone as the anti-Bitcoin trolls who had disappeared. Their way of talking to people was aggressive, they'd call people names, they had a relatively poor understanding of how bitcoin fundamentally worked.

>> No.10216037
File: 42 KB, 958x651, evilshitindeed.png [View same] [iqdb] [saucenao] [google]
10216037

>>10215948
that doesn't have anything to do with anything. You B.S. narrative is that blockstream "infiltrated" bitcoin core developers. Blockstream was created by the original bitcoin core developers. Amaury Sechet is the outsider.

>>10215967
>new management
lies. Core devs started blockstream... and, Burger King? seriously?

>>10215985
pic related is what the (((evil))) venture arm of AXA invests in. Also, SBI is a bank.

>> No.10216042
File: 138 KB, 477x695, Satoshi Nakamoto.jpg [View same] [iqdb] [saucenao] [google]
10216042

>>10215101
>>10215841

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

https://www.youtube.com/watch?v=sbD0kiTddEs

https://www.youtube.com/watch?v=Ug8NH67_EfE

https://www.youtube.com/watch?v=tKYEQVPklLI&t=131s

https://www.youtube.com/watch?v=rZjasKZC7p0

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

https://www.youtube.com/watch?v=rgts1qb0hLY

https://www.youtube.com/watch?v=yGrUOLsC9cw

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

>> No.10216089
File: 65 KB, 530x679, aah13.jpg [View same] [iqdb] [saucenao] [google]
10216089

>>10214378
Bitcoin Cash has a lot going on for it.

If any of you want to know a little of what's actually going on, watch this new interview:
https://youtu.be/dNJnyfLOdCs?t=4191
Starts around 1:09:51 and goes for an hour...

The video is less than 24 hours. But look at the view count, 334 views. Doubt it will ever reach 1k. It's like this on all BCH videos, so many people trash talk Bitcoin Cash and so few know what's actually going on with it.

BCH is legit an it's going to be the best investment you've ever made. I've sold all my BTC for BCH, there's no way it will not take over.

>> No.10216108
File: 188 KB, 898x600, 1401238416564.jpg [View same] [iqdb] [saucenao] [google]
10216108

>>10215985
>Henri de Castries
Did some research on him. Literally a friend of (((Angela Merkel))) and heavily involved in the Bilderberg Group.
>mfw

>> No.10216150
File: 179 KB, 1280x1831, aah01.jpg [View same] [iqdb] [saucenao] [google]
10216150

>>10216089
Also for those that think Amaury Séchet sprung up from under a rock, watch this:

https://youtu.be/By0w43NQdiY?t=2455
My highlight stars at 40:55 but the whole thing is great. Just gotta get past the dialect.

If 2017 is too recent here's a nice interview from 2016:
https://www.youtube.com/watch?v=Z0rplj8wSR4
The start of the video summarize his background.

If you want another good watch from after BCH was created, check this out:
https://www.youtube.com/watch?v=C2KJhyBS2s0
Talks about him as an anarchist and on why BCH was created.

>> No.10216181
File: 1.76 MB, 2988x3196, Digital Currency Group 209539860a3c9dfaff948249baf4fe80417493a79ede556342d406d37a84e51b.png [View same] [iqdb] [saucenao] [google]
10216181

>>10215985
pic = regarding Digital Currency Group

>> No.10216195

>>10214378
BCASH BCASH BCASH BCASH
fuck off with your Ver money

>> No.10216198
File: 74 KB, 720x960, aah11.jpg [View same] [iqdb] [saucenao] [google]
10216198

>>10216150
Can learn a little more about Amaury Séchet's character and why BCH came to be here: https://youtu.be/_j7vTK4eXYM

>> No.10216215
File: 1.54 MB, 1106x1740, betacuckinterview.2.png [View same] [iqdb] [saucenao] [google]
10216215

>>10216150
the life and times of a French douche. sweet.

>> No.10216267

>>10216215
the links are for people like you that keep making fun of an awesome person

>> No.10217033

Lightning will save us.

>> No.10217116

I have 46 bch. I am getting utterly JUSTd right now

>> No.10217236

>>10215948
>Meni Rosenfeld
>Israeli Bitcoin Association
>tentative 8mb+
Wow really activates my noggin

>>10215967
Cool whatever helps you sleep. Just don't call the restaurant burger king cash, so that it confuses new people entering the space. Like I said earlier, the only reason bitcoin cash still is relevant is the fact that you literally copied Bitcoin's name and icon and added shit to it.

>>10216001
shut the fuck up faggot. You know not everyone who downloads the blockchain is a miner. A lot of people verify their own transactions because people do try to do double spend attacks. If you run something that deals with a lot of people, like an exchange or a gambling website, you need to verify the transactions your receiving for yourself. It should be as easy as possible for anyone to download the blockchain and verify the transactions for themselves.
>But anon LN will make it so you don't verify transactions
WRONG YOU FUCKING RETARDS. LIKE I SAID EARLIER, LIGHTNING YOU ONLY HAVE TO VERIFY THE TRANSACTIONS IN YOUR LIGHTNING CHANNEL. THEY STILL HAVE TO BE VALID TRANSACTIONS FOR YOU TO ACCEPT THEM. It's not like they're sending an IOU 1 bitcoin note. They're sending you an actual bitcoin transaction with a signature that can be pushed to the blockchain whenever you want to.

I seriously fucking hate you people. NOBODY cares about bitcoin cash. Stop pretending like you are important. Your shitcoin will be forgotten like every other forked bitcoin chain out there.

>> No.10217267
File: 107 KB, 700x734, 1524085933702.jpg [View same] [iqdb] [saucenao] [google]
10217267

>>10215798
>Not being able to identify a reverse psychology shill thread

>> No.10217964

>>10214378
You’re right, BUY 0XBITCOIN INSTEAD SIRS BUY IT NOWWWWWW