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File: 31 KB, 1505x1259, Bitcoin Cash.png [View same] [iqdb] [saucenao] [google]
15562391 No.15562391 [Reply] [Original]

If the day comes when top 10 coins see their former all time highs, this fucker will have done a 13x...

>> No.15562406

>>15562391
It's pretty cheap right now.
We've already been to 500 this year when BTC was pumping.
I think this is a minimum 2x by EOY.

>> No.15562505

>>15562391
BCH is the only crypto I'm holding. I don't know if it's the right chooice or not but it's the only one that I could kind of make sense of. Fingers crossed.

>> No.15562536

BCH is one of the worst coins out there. Sell for BSV, it is cheaper and actually being developed.

>> No.15562538

>>15562391
2x ATH minimum Q1 2020

>> No.15562569

>>15562536
I looked at BSV but my understanding was that Satoshi didn't want the Bitcoin blockchain to be a data storage service. That and it's centralized by a company that could be going bankrupt with the way things are going so far.

>> No.15562571
File: 8 KB, 250x202, 1539856057564.png [View same] [iqdb] [saucenao] [google]
15562571

>>15562505
oh my gawd

>> No.15562582
File: 6 KB, 240x240, yikes.jpg [View same] [iqdb] [saucenao] [google]
15562582

>>15562505

>> No.15562583

>>15562391
That applies to almost all alts... there isn't much upside to bcash in particular, i'd rather bet on ETH.

>> No.15562606

This shitcoin will get flipped by BSV

>> No.15562620

>>15562569
Anything on chain has a fee associated with it is if people are willing to pay to store data on chain, what is the problem? Storage space is not an issue.

BCH is centralized by a company called Bitmain that is going bankrupt.

>> No.15562675

>>15562620
Yeah but Satoshi's original writings said that was not the point of Bitcoin. The strongest push for just a cash system is at BCH imo, but they're not perfect either.

>> No.15562686
File: 235 KB, 944x748, Toof.jpg [View same] [iqdb] [saucenao] [google]
15562686

>>15562571
>>15562582
lol Thanks, BSV shills

>> No.15562694

>>15562675
How can it be used as cash when they still have blocksize restrictions?

>> No.15562696

Everyone is delusional, the only coin due for a big pump is ALGO..........

>> No.15562715

>>15562694
It can scale as it needs to. The blocksize is adjustable.

>> No.15562724

>>15562675
Would you mind sharing those Satoshi tidbits? Because I've not heard or read anything implying that.

>> No.15562736

>>15562715
Well, it needed to scale but didn't, and that is why we have BSV which is setting new records in blocksize.

>> No.15562748
File: 163 KB, 785x757, 1528758341322.png [View same] [iqdb] [saucenao] [google]
15562748

>>15562569
BSV is a scam , BTC AND BCH are the real bitcoins , the philosophical problem that caused the division of the community between conservative btc holders and libertarian bch holders is that core supporters believe that hard forking the original crypto has the risk of destroying the ideals of crypto forever if a mistake happens.
BCH argument is that without increasing blocks to something like 32mb (good for today standards to still be descentralized) , that if the increment does not happen btc will be bottlenecked and fail.

Both arguments share truth and both are correct , ironically the hard fork and civil war led to the best outcome as the market decided , btc remains king and will become the reserve currency of the crypto world and bch will become it's cash for mass payments.

BSV is a scam that attempted to destroy bch by increasing blocksize to retarded levels , at bsv block levels the blockchain would end up at petabyte size in less than a fucking year and since only pools are forced to have a full node(since pools do it for free) , the entire bsv network will end up centralized in 7 servers more or less.

On btc again nodes do it for free too like jannies do , but hosting a node for free when the blockchain only needs 300gb after a decade of operation is differently than hosting for free a blockchain that will need petabyte size after 1 single year of operation.

>> No.15562754

>>15562675
Two words: Chinese stresstest.

Bsv passed, with 800k tx/block
Bch test had to be aborted
BTC... Why even bother, we can see the limits everyday...oh, and lightning has vulnerabilities that can lead to loss of coins.

>> No.15562771

>>15562724
You'll have to search through the old talk forum. I don't remember exactly now. It was part of a back and forth between Satoshi and Hal Finney if I remember correctly. He called the other coin/chain BitDNS

>> No.15562795

>>15562748
You keep your casa node and fucked up scaling.... I'll trust in the free Datacenter market, where I would actually get paid to have an exabyte blockchain.

>> No.15562847

>>15562736
>>15562754
>Well, it needed to scale but didn't, and that is why we have BSV which is setting new records in blocksize.
That would be like saying Bitcoin is a race to create the largest blocksize. Satoshi addressed that in the old talk forum also and how people could be tyrants in limiting blocksize for the sake of keeping it decentralized. Satoshi said that was ok though and that the big block storage chain would not be Bitcoin though.
>>15562748
>bch will become it's cash for mass payments.
The white paper stated that Bitcoin IS a cash system though. Nothing about a reserve on top of it. If I want a slow store of value, I just buy gold.

>> No.15562862
File: 40 KB, 1140x568, bitcoin.png [View same] [iqdb] [saucenao] [google]
15562862

>>15562391
buy the real bitcoin

>> No.15562895

I believe in it. Tried it out yesterday and bought 4.5 just in case. I love that it’s extremely fast, easy, has tons of development on it, and you can issue tokens.

Does anyone else have memo? My username is Biznessman if you want some tokens I created.

I created the /biz/ Dividend Token with a total supply of 100. Post your address and i’ll send you one. The general idea is to create a /biz/ portfolio and give back dividends if I profit from community suggestions.

>> No.15562904

>>15562847
Satoshi said the blocksize would increase when txs increased. The BTC mempool got filled, and no blocksize increase. BCH forked, and then split when only BSV wanted to increase blocksize. It's very easy to understand.

>> No.15562937

>>15562748
The reasoning for Core is that increasing the blocksize does not in fact "scale" Bitcoin. It kicks the can down the road while making the network thinner during its infancy.

https://medium.com/@rusty_lightning/the-three-economic-eras-of-bitcoin-d43bf0cf058a

>> No.15562960
File: 107 KB, 1186x407, BSVSHILL.jpg [View same] [iqdb] [saucenao] [google]
15562960

>>15562795
Nodes don't get paid , they do it for free.

>>15562847
Satoshi also put the block limit , ideally a dynamic blocksize would have been put but infighting started after he disappeared.

>>15562862
BSV is a scam.

>>15562904
BCH increased the blocksize to it's maximum limit without sacrificing descentralization , anything more than 32mb will lead to using 400 usd hard drives every fucking hear.

Inb4 400 usd it's nothing , it is when they do it for fucking free and will also have to pay the internet needed to sync with those massive blocks.

>> No.15562983

>>15562904
Yeah and I'm sure he meant natural txs, If/when txs increases for BCH, it will scale.

>> No.15563044

>>15562960
LN is broken and thus BTC is broken.

BCH is centralized and even had to pay for the hashpower to even exist.

Miners will sync the blockchain at any size because they want their mining profit to maintain value which entails a functioning coin.
Also, the cost of storage will be pennys compared to the block reward by the time the blocks are that filled.

>> No.15563053

I hope you anons are talking short term and will be ready to take your profits... In the long run only BTC will matter.

>> No.15563064

>>15563053
BTC is a live example of what it looks like to fail as a crypto.

>> No.15563068
File: 121 KB, 938x716, blockstreamscam.jpg [View same] [iqdb] [saucenao] [google]
15563068

>>15562960
>implying (((blockstream))) isn't a scam

>> No.15563095

>>15563044
>LN is broken and thus BTC is broken.

No it just means that the network bottlenecks and the hashing rate is massive due to fees making it the safest network.

>BCH is centralized and even had to pay for the hashpower to even exist.

BCH is actully pretty descentralized tough it has less nodes than btc.

>Miners will sync the blockchain at any size because they want their mining profit to maintain value which entails a functioning coin.

Miners don't sync with the blockchain , you don't know what you are talking about.

There are miners and nodes , these are two different things , bsv will be killed by lack of nodes.

>> No.15563117

>>15563095
Non-mining nodes do nothing for the coin.
You don't know what you are talking about.

>> No.15563229
File: 189 KB, 290x530, derailed.png [View same] [iqdb] [saucenao] [google]
15563229

>>15562505
what they did at the end of 2018 was so god damn weird though.

>> No.15563483

>>15563229
You mean that checkpoints?

>> No.15563607

>>15563483
the checkpoint are kill.
segwit and lightning and rbf are kill.
bsv good, buy bsv .
greetings rajeesh

>> No.15563808
File: 219 KB, 618x451, tiresome.png [View same] [iqdb] [saucenao] [google]
15563808

>>15563483
checkpoints are bad, bad idea (because it introduces trust to new nodes joining the network) but my main gripe was the way the dispute was handled.

ABC implemented rushed ideas (and buggy code that had to be updated shortly after) without consulting other developers. it was their road or the high road. people were acting all smug on stream and declaring victory within 24hrs, saying things like "the longest chain didn't matter". and just because of tribal reasons they acted like BSV supporters all of a sudden were crazy for simply wanting to keep bitcoin like it was originally meant to be.

>> No.15563844

>>15563808
I keep hearing fud left and right between core and bsv purists; I’m still able to quickly send/receive bch for dirt cheap transactions fees. What else is there?

>> No.15564043
File: 44 KB, 624x351, nChain-team-building-2019.jpg [View same] [iqdb] [saucenao] [google]
15564043

>>15562536
>>15562606
>>15562620
>>15562754
>>15562904

>> No.15564149
File: 117 KB, 1200x490, the narrow path.jpg [View same] [iqdb] [saucenao] [google]
15564149

>>15563844
don't get be wrong, BCH is still way better than BTC, but they have strayed from the path and BSV now carries the torch of bitcoin. for better or for worse BSV is now most similar to what bitcoin originally were.

we can't be sure of which one will become the de facto crypto, maybe it's too late for all of them, but nChain is right that bitcoin needs to grow up. getting excited over twitch streams of animal feeders are nice and all but it should have been like that 5 years ago, it's a little too late to still be on that tier. Libra is just around the corner and maybe soon nobody will care about bitcoin, normies won't understand the difference. of course bitcoin would survive on a small scale but i want to see bitcoin at scale.