/biz/ - Business & Finance

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/BSVG/ - Bitcoin SV General Anonymous Wed Nov 13 06:55:56 2019 No.16238412 [Reply] [Original]

Good morning stiffmarines

>>	Anonymous Wed Nov 13 06:57:21 2019 No.16238424 File: 7 KB, 232x217, 1573399427909.jpg [View same] [iqdb] [saucenao] [google] Bitch I got that HIV.

>>	Anonymous Wed Nov 13 06:57:46 2019 No.16238429 File: 593 KB, 872x846, checked.png [View same] [iqdb] [saucenao] [google] What was Jimmy doing in DC?

>>	Anonymous Wed Nov 13 06:58:37 2019 No.16238436 File: 54 KB, 511x441, DCmeeting.jpg [View same] [iqdb] [saucenao] [google] >>16238412 Good morning AB. What do we know about pic related?

>>	Anonymous Wed Nov 13 06:59:29 2019 No.16238442 >>16238436 Not AB, asking the same questions myself!

>>	Anonymous Wed Nov 13 07:00:51 2019 No.16238453 File: 451 KB, 2048x1536, IMG_20191113_065405.jpg [View same] [iqdb] [saucenao] [google] https://twitter.com/oudekaas3/status/1194560017912999938?s=19 This guy has been posting good pre-Bitcoin CSW posts all night

Anonymous Wed Nov 13 07:02:49 2019 No.16238464
File: 466 KB, 817x745, book.png [View same] [iqdb] [saucenao] [google]

>>16238453
I saw that. Really interesting stuff. And then you have pic related. People have no idea how productive Craig has been about IT security related stuff even long before bitcoin

>>	Anonymous Wed Nov 13 07:05:23 2019 No.16238485 >>16238424 Hahaha faggots run bsv

>>	Anonymous Wed Nov 13 07:06:13 2019 No.16238489 Interesting document on CSW (Australian Taxation Office) https://web.archive.org/web/20180413215502/https://www.scribd.com/document/372445140/Exhibit-12

>>	Anonymous Wed Nov 13 07:07:12 2019 No.16238500 File: 146 KB, 750x750, 1573646829830.jpg [View same] [iqdb] [saucenao] [google] >>16238485 It's a forgery by Greg Maxwell, piss off

>>	Anonymous Wed Nov 13 07:09:43 2019 No.16238514 >>16238500 Greg is living rent free in your peabrain

>>	Anonymous Wed Nov 13 07:10:25 2019 No.16238520 File: 7 KB, 235x250, 1542777373879s.jpg [View same] [iqdb] [saucenao] [google] >>16238500 WHAT is Satoshi doing with his face in that pic? Is he poo pooing?

>>	Anonymous Wed Nov 13 07:41:04 2019 No.16238781 File: 78 KB, 780x620, tempsnip.png [View same] [iqdb] [saucenao] [google] Thoughts on this pic?

>>	Anonymous Wed Nov 13 07:59:06 2019 No.16238973 We are crashing. I don’t feel so stiff anymore :(

>>	Anonymous Wed Nov 13 08:02:31 2019 No.16239002 >>16238973 Look at the orderbook. Most of the trades during this micro dumps are buys

>>	Anonymous Wed Nov 13 08:11:53 2019 No.16239102 >>16238973 Don't worry it's just Greg

>>	Anonymous Wed Nov 13 08:28:41 2019 No.16239273 New blog post from the man himself https://craigwright.net/blog/law-regulation/proof-of-assignment/

>>	Anonymous Wed Nov 13 09:06:34 2019 No.16239631 >>16238412 Let’s go boys

>>	Anonymous Wed Nov 13 09:10:35 2019 No.16239659 >>16238429 >What was Jimmy doing in DC? probably sucking cock as usual.

>>	Autistic Bitcoiner Wed Nov 13 10:22:45 2019 No.16240284 File: 84 KB, 320x569, IMG-3681.png [View same] [iqdb] [saucenao] [google]

>>	Autistic Bitcoiner Wed Nov 13 10:30:46 2019 No.16240373 File: 94 KB, 320x569, IMG-2842.png [View same] [iqdb] [saucenao] [google]

>>	Autistic Bitcoiner Wed Nov 13 10:32:20 2019 No.16240391 File: 123 KB, 320x569, IMG-2984.png [View same] [iqdb] [saucenao] [google] >>16238781 I won't think too much of it. 600 BSV is hardly whale amount.

>>	Anonymous Wed Nov 13 10:32:50 2019 No.16240394 >>16238412 Such an alcoholic, jesus fucking christ source: I was a hardcore alcoholic, I recognize it when I see it

Anonymous Wed Nov 13 10:34:54 2019 No.16240419

>>16240284
Welcome back Autist. Was starting to be worried after not seeing you in the thread. Your pic related is interesting and I have thought about that for a long time. Craig done a lot of work earlier helping law enforcement to catch criminals. He even wrote a paper (and software) on how to track people on the internet, even through tor. He could connect seemingly unrelated users on unrelated sites to each other and calculate the probability that it is the same person. So if you for example have a user on a pedo forum, then the software can find all your other activities online like twitter, facebook, reddit etc. Bitcoin makes this even easier. I am 100% convinced Craig is behind the recent unrolling of the 300+ people pedo network and other criminal shit where bitcoin is involved.

>>	Anonymous Wed Nov 13 10:37:37 2019 No.16240443 >>16240391 Are you saying my 220 bsv stack is insufficient

>>	Anonymous Wed Nov 13 10:44:37 2019 No.16240502 File: 3.01 MB, 1742x918, Citadel.png [View same] [iqdb] [saucenao] [google] >>16240443 It depends on what your goal is. 220 is enough to be a landlord in the Bitcoin citadel

Anonymous Wed Nov 13 10:49:20 2019 No.16240539

>>16240443
>>16240502
BSV can never go past $1,000,000 if the 8-decimal system is strict. If you can divide 1 sat into a smaller unit then it can, but if you can't divide 1 sat then at $1,000,000 1 sat = 1 cent which is a lot of money for any microtransactions

>>	Anonymous Wed Nov 13 10:52:53 2019 No.16240579 >>16240539 You can just move it over a decimal, bitcoins are measured in sats not full coins

>>	Anonymous Wed Nov 13 10:57:47 2019 No.16240627 >>16240539 We can fork in more divisibility if needed. Doing so doesn't inflate supply or anything.

>>	Anonymous Wed Nov 13 11:02:03 2019 No.16240659 >>16240579 >>16240627 That makes sense. I thought the reason for 8 decimals is that the 0.00000001 is the smallest unit able to be sent

Anonymous Wed Nov 13 11:04:57 2019 No.16240676

>>16240659
>I thought the reason for 8 decimals is that the 0.00000001 is the smallest unit able to be sent
You are right. Bitcoin is atomic. The smallest unit in bitcoin is a satoshi. When you send a bitcoin you don't send one single bitcoin. you send 100 000 000 satoshi. That's what's happening under the hood, even though your wallet display it as 1 bitcoin.

Read this blog post from satoshi
https://craigwright.net/blog/bitcoin-blockchain-tech/burning-and-why-it-matters-that-it-is-stopped/

>>	Anonymous Wed Nov 13 11:06:53 2019 No.16240694 >>16240579 >You can just move it over a decimal, bitcoins are measured in sats not full coins You can't actually move the decimal. There is no decimals in bitcoin. The smallest amount you can send is 1 satoshi. They cannot be split by adding a decimal

Autistic Bitcoiner Wed Nov 13 11:13:30 2019 No.16240744
File: 193 KB, 598x430, IMG-3705.png [View same] [iqdb] [saucenao] [google]

>>16240443
>>16240419
Sorry folks, I just don't believe in a citadel. I believe in creating value and in the world of industry and finance, 600BSV is a drop in the bucket.

Anonymous Wed Nov 13 11:15:54 2019 No.16240755

>>16240676
>Other external systems can account fro fractions of a satoshi, but, Bitcoin itself is fixed to indivisible digital coins at the deepest level.

So tokenized could theoretically make a coin (valued in fiat) at less than 1 satoshi (valued in fiat)? Like a $0.0001 token, when 1 satoshi = $0.001 ?

>>	Anonymous Wed Nov 13 11:18:44 2019 No.16240773 >>16240755 They could, but that wouldn't be worth a fuck to the system at large. The only way to tackle the one sat = one cent problem is to add more divisibility.

>>	Autistic Bitcoiner Wed Nov 13 11:19:02 2019 No.16240776 File: 73 KB, 860x430, IMG-2983.jpg [View same] [iqdb] [saucenao] [google] bsv is bitcoin

>>	Anonymous Wed Nov 13 11:19:48 2019 No.16240778 >>16240744 >I believe in creating value and in the world of industry and finance I am with you on this, but you need to check your autism. It is just a fun meme >>16240755 I don't know to be honest

Anonymous Wed Nov 13 11:20:10 2019 No.16240780

>>16238489
> Craig Wright purports to have received a loan of 650,000 Bitcoin from the Seychelles Trust pursuant to a Deed of Loan entered into with the Trustee for the Seychelles Trust; a company called Design by Human Ltd (DBH). However, records show Craig Wright was only informed of the existence of this company on a date after the purported Deed of Loan was entered into. Furthermore, the Deed of Loan was not validly executed by an authorised person, and signed on a date where DBH was merely a dormant shelf company. As it was Craig Wright who modified the Directorship of DBH in January 2014 (after the date you made this statement to the Commissioner) he had knowledge that the person purportedly signing the Deed of Loan on behalf of DBH did not have authority to do so and therefore that the deed was invalid.

>>	Anonymous Wed Nov 13 11:22:11 2019 No.16240799 >>16240773 >The only way to tackle the one sat = one cent problem is to add more divisibility Satoshi says that would be the same as increasing the 21 million limit. I don't know enough about this, but I hold Craig's word in high regard

>>	Anonymous Wed Nov 13 11:23:45 2019 No.16240812 >>16238464 >Really interesting stuff. do you know what would be interesting? a signature.

>>	Anonymous Wed Nov 13 11:24:02 2019 No.16240813 >>16240799 Sauce on that? I don't see how dividing an orange 8 ways vs 4 ways makes more oranges.

>>	Anonymous Wed Nov 13 11:27:09 2019 No.16240831 >>16240539 1 Bitcoin is 100,000,000 Satoshis not 1,000,000 If 1 sat = 1 cent then 1 Bitcoin would be $100,000,000

Anonymous Wed Nov 13 11:27:47 2019 No.16240838

>>16240813
>Sauce on that?
https://craigwright.net/blog/bitcoin-blockchain-tech/burning-and-why-it-matters-that-it-is-stopped/

>The Hex signed 2’s complement of 21 million bitcoins is 0x000775F05A074000.

>You can see from this that there is room to add more “bitcoin.” Adding a couple zeros to the field allows us to now have, say, 0x0775F05A07400000 as an amount to be transacted. This comes to 5,376,000,000.000,000,00—which is now 5 Billion Bitcoin. In allowing more tokens, we radically alter Bitcoin,

Anonymous Wed Nov 13 11:32:22 2019 No.16240871

>>16240813
I can see how more quantity of a coin will devalue the rest of it. an inflationary consequence is mathematically irrational since it's simply moving a decimal place over, but it's psychologically rational since it allows people to spend less than 1 satoshi which will drop the price of 1 satoshi to meet its divided value

Anonymous Wed Nov 13 11:43:46 2019 No.16240966

>>16240838
This quote is honestly confusing to me. Because it sounds like he's talking about the exponent and then says “added a decimal point”. I'd like more clarification on it. What is CSW solution to 1 cent = 1 sat?

>>16240871
Eh, I'm not seeing it. Say it's the year there was a fork to add divisibility, lets also assume we're adopted and scaled out. Everyone holding Bitcoin (which would be basically everyone) would find no difference in their holdings. Large wallets would gain no advantage over small wallets and vice versa. People would just get more flexibility and use.

It would certainty devalue the value of a a satoshi, because a satoshi no represents a smaller unit, but the whole of a bitcoin remains unchanged. Further it wouldn't change the value of the the original satoshi value, it just wouldn't be a satoshi anymore. It would be 100 or 1000 satoshis.

>>	Anonymous Wed Nov 13 11:45:37 2019 No.16240985 File: 500 KB, 728x640, 1millionkeks.jpg [View same] [iqdb] [saucenao] [google] >>16238412 I did it! I GOT 21 BSV!!!! I WILL MAKE IT!!!

>>	Anonymous Wed Nov 13 11:46:09 2019 No.16240994 >>16240966 > believing anything of craig wrights lies and bull congrats, you're retarded.

Anonymous Wed Nov 13 11:49:07 2019 No.16241027

>>16240966
I must admit this is a bit over my head, but my understanding of it is that bitcoin is atomic, so no decimals exist in the system. Your example with the orange would then be invalid beause the coins in bitcoin (which is sathosis) can not be split. The only solution the would be to add more coins.

He writes about a solution to the 1cent=1sat problem in the same blogpost, but I haven't read it

>>	Anonymous Wed Nov 13 11:50:00 2019 No.16241035 >>16239659 >probably sucking cock as usual. I mean probably, but what kind of lawmaking, law enforcement and regulatory power were attached to said cocks?

>>	Anonymous Wed Nov 13 11:52:36 2019 No.16241069 >>16240966 256 if you add 8 bits

Anonymous Wed Nov 13 11:52:40 2019 No.16241070

>>16240966
Ya I agree, but there's a big psychological danger that'll come along with that. Similar to how there's the psychological danger of BTC using the name "Bitcoin." It's irrational that people would choose the one with a more recognizable name instead of the one with better tech, but it still happens

>>	Anonymous Wed Nov 13 11:55:09 2019 No.16241100 >>16238412 Cringe and I wanna punch his face so fucking bad.

Anonymous Wed Nov 13 11:58:31 2019 No.16241131

>>16241027
I think I see what you're saying.

>Other external systems can account fro fractions of a satoshi, but, Bitcoin itself is fixed to indivisible digital coins at the deepest level.

Only thing close I've seen in the link that offers some kind of solution, but it's obviously not a solution at all.

>>	Anonymous Wed Nov 13 12:00:56 2019 No.16241164 >>16241131 >but it's obviously not a solution at all This is what I think too, but I don't know enough about it to have a strong opinion. Anyway it is not something I care to bother with as this will not be a problem for a long time

>>	Anonymous Wed Nov 13 12:06:42 2019 No.16241207 File: 791 KB, 1032x926, 1573434525698.png [View same] [iqdb] [saucenao] [google] >>16240776 Bitcoin is BSV

Anonymous Wed Nov 13 12:11:40 2019 No.16241266

>>16240502
Btw guys, we can expand the ranks between mere Citizenship at 21 and mayor at 2100. The citadels need all kinds of people of all professions to occupy.

If you are a creative person who likes coming up with titles or rankings in a fictional city, we could make a cool meme-verse with this.

like 30, 50, 70, 90, 120 BSV and so on.

Anonymous Wed Nov 13 12:16:58 2019 No.16241335
File: 77 KB, 642x576, jimmey.jpg [View same] [iqdb] [saucenao] [google]

HE POSTED IT AGAIN!
Why does he have to be such a tease?
The pain of not knowing is excruciating!

>>16241266
> can expand the ranks between mere Citizenship at 21 and mayor at 2100
This. Most people will be in the range of 21 - 2100. More ranks are need in this range

Anonymous Wed Nov 13 12:19:01 2019 No.16241354

>>16238412
WE ARE THE STIFF MARINES AND WE ARE NOT FUCKING SELLING

> immutable blockchain child porn
NOT SELLING

> ends up in a contempt of court hearing for unsuccessfully trying to graverob his dead alleged colleague, still can't provide evidence
STILL NOT SELLING

> cries in court
NO WAY KIKES

> gets caught out by a district court judge because he thought that people wouldn't check him editing pdfs
FUCK YOU KIKE NOT SELLING

> Ayre dumps bsv and buys himself a new $100m mansion with the proceedings
HAH

> gets roasted by Heart to the point where he actually has to flee the stage while people boo him
NOT FUCKING SELLING

> hires shills whose iqs are so low that their only response to anything is to accuse you of being greg maxwell, because apparently him being a fraud and creg being a fraud are mutually exclusive assertions
NOPE, NO KIKES, NOT SELLING

https://www.youtube.com/watch?v=xwRZgtTEH08&t

>>	Anonymous Wed Nov 13 12:21:46 2019 No.16241389 File: 422 KB, 621x617, BD83FD07-D69A-43BC-8B40-EF060F270B0E.jpg [View same] [iqdb] [saucenao] [google] >>16241335 Im ready for stiffening OH OHHH IM COOOOmiiiing

>>	Anonymous Wed Nov 13 12:22:56 2019 No.16241397 >>16241389 >Not using magic select ngmi

>>	Anonymous Wed Nov 13 12:23:34 2019 No.16241402 >>16241397 ok zoomer

>>	Anonymous Wed Nov 13 12:26:53 2019 No.16241435 >>16241266 I will provide really creative ranks but I am not a socialist so I will require 6 BSV for 10 new social strata. 3AURzns1f4ynYmbPEPv9h2W8WbmzKnfitr

>>	Anonymous Wed Nov 13 12:27:50 2019 No.16241448 >>16241354 Because you don't own any, ranjesh. You got paid to shill that FUCKER! Sage!

>>	Anonymous Wed Nov 13 12:27:59 2019 No.16241451 >>16241435 sent ;)

Autistic Bitcoiner Wed Nov 13 12:33:32 2019 No.16241495

>>16240502
I am very autistic.
I still think this citadel idea is bad. I saw it turn into a weird HODL elitist culture. That is what happened to BTC.
I am also thinking in terms of business. This is biz after all. What is much more important than the number of bitcoins will be the cashflow of the business. I would imagine a yearly income of 21 bitcoins will be a pretty imperial.

Something like.
21 satoshi daily income broke
210 satoshi daily income janitor
2100 middle class worker
21000 landowner
210000 business owner
2100000

and so on.

I also don't like the rank titles. Very feudal and not capitalist. But remember, I am autistic for a good reason.

Anonymous Wed Nov 13 12:34:41 2019 No.16241505
File: 206 KB, 1024x768, Futuristic-Landscaping-Designs-Vertical-Village-Paris-1024x768.jpg [View same] [iqdb] [saucenao] [google]

>>16241266
The citadel will eventually be an interplanetary colony. Imagine immutable Mars data on chain. Atmospheric pressure, weather, tectonic changes, orbit positions. And AI to analyze the data and predict future measurements.

>>	Autistic Bitcoiner Wed Nov 13 12:35:03 2019 No.16241510 File: 72 KB, 430x533, IMG-3660.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Wed Nov 13 12:37:15 2019 No.16241532 File: 105 KB, 589x453, 1557534035561.jpg [View same] [iqdb] [saucenao] [google] >>16241435 Did he really send? >mfw 6 BSV is nearly one-fourth of my portfolio

>>	Anonymous Wed Nov 13 12:37:41 2019 No.16241536 >>16241435 should an sv address even start with 3?

>>	Anonymous Wed Nov 13 12:38:18 2019 No.16241540 File: 48 KB, 662x286, IQ.png [View same] [iqdb] [saucenao] [google] >>16241510 based and high IQ pilled

Anonymous Wed Nov 13 12:42:03 2019 No.16241582

>>16241495
>What is much more important than the number of bitcoins will be the cashflow
Very interesting. I can like that. The hodl culture is absolutely cancer, but before there is a serious use for bitcoin it will remain a investment/gambling instrument

>I am very autistic
How autistic? Is there even an autist rank?

>>	Autistic Bitcoiner Wed Nov 13 12:45:25 2019 No.16241623 File: 66 KB, 776x430, EH88dLpWwAEBFYB.jpg [View same] [iqdb] [saucenao] [google] >>16241582 i seriously believe that i was born just in time for bitcoin.

>>	Anonymous Wed Nov 13 12:46:32 2019 No.16241633 File: 116 KB, 917x1347, climate_expert.jpg [View same] [iqdb] [saucenao] [google] >>16241510 Yep, he's redpilled on a lot of issues.

>>	Anonymous Wed Nov 13 12:57:25 2019 No.16241736 >>16241335 >Most people will be in the range of 21 - 2100 Most people won't even have a full Bitcoin, dude.

>>	Anonymous Wed Nov 13 12:59:10 2019 No.16241754 >>16241540 look at me. I've read a book

>>	Anonymous Wed Nov 13 13:00:17 2019 No.16241770 >>16241536 No

Anonymous Wed Nov 13 13:00:30 2019 No.16241775

>>16241736
I guess he was talking about people on Biz, because we are all early in here.

But I do see the argument in not expanding the Citadel lore further, because it sort of encourages a "hoard and HODL" mentality, which we are trying to get away from.

>>	Anonymous Wed Nov 13 13:00:48 2019 No.16241777 >>16241510 based

>>	Anonymous Wed Nov 13 13:02:11 2019 No.16241790 >>16241775 Why would I want to hold less of something valuable?

>>	Anonymous Wed Nov 13 13:04:13 2019 No.16241814 >>16241790 I wouldn't imagine someone with high time preference would.

>>	Anonymous Wed Nov 13 13:04:24 2019 No.16241819 >>16241451 https://blockchair.com/bitcoin-sv/address/3AURzns1f4ynYmbPEPv9h2W8WbmzKnfitr >>16241536 sure why not? you could make a valid bitcoin address format that is only emojis if you wanted

Anonymous Wed Nov 13 13:06:18 2019 No.16241835

>>16241633
he is an expert on
>smart bombs
>theology
>climate
>math
>statistics
>cooking
>cryptography
>law
>military strategy
>law enforcement
>infosec
>bitcoin
>cyber crime
>terrorism
>wcf
>mobile development
>networking
>project management
>forensics
>economy and finance
>fixing stuff
>catering

did i miss something?

Anonymous Wed Nov 13 13:06:27 2019 No.16241837

>>16241790
Holding is fine in general. It's just money, you can do with it what you like.

But the whole mentality of BTC where they say Bitcoin is not meant to be used as a currency - it's a store of value digital gold meme is kind of corrosive if you want to increase adoption and expand the ecosystem. And the simple fact is, your BSV will be worth nothing without usage and real world adoption.

>>	Anonymous Wed Nov 13 13:08:18 2019 No.16241865 File: 62 KB, 603x395, government_not_taxpayers.png [View same] [iqdb] [saucenao] [google] >>16241835 Accounting and auditing!

>>	Anonymous Wed Nov 13 13:10:23 2019 No.16241891 File: 501 KB, 1144x888, 1572977169980.png [View same] [iqdb] [saucenao] [google] >>16241835 >cooming >shitposting >living rent free >shooting >drinking Lots of others too I'm sure.

>>	Autistic Bitcoiner Wed Nov 13 13:22:00 2019 No.16241986 File: 90 KB, 430x557, IMG-3674.jpg [View same] [iqdb] [saucenao] [google] >>16241777 lovely trips

>>	Anonymous Wed Nov 13 13:42:06 2019 No.16242240 File: 37 KB, 282x480, 1572725673371.gif [View same] [iqdb] [saucenao] [google] >>16241623 I was born with a Gameboy in my hands and now BSV in my pocket. Bish i got that BSV

>>	Anonymous Wed Nov 13 13:43:22 2019 No.16242256 >>16241837 I use BSV more than mostly anyone and am never selling a large portion. Its just common sense.

>>	Anonymous Wed Nov 13 14:11:46 2019 No.16242518 >>16241070 there is nothing irrational in choosing the king over shitcoins

>>	Anonymous Wed Nov 13 14:13:48 2019 No.16242541 >>16241835 >fraud he is a world class expert on that one!

>>	Anonymous Wed Nov 13 15:08:23 2019 No.16243225 File: 67 KB, 342x427, 1555042494435.jpg [View same] [iqdb] [saucenao] [google] Saving this from the archive

>>	Anonymous Wed Nov 13 15:19:27 2019 No.16243350 >>16241633 Goddamn I love this man (no homo)

>>	Anonymous Wed Nov 13 15:29:27 2019 No.16243458 File: 55 KB, 681x499, 1572630481704.jpg [View same] [iqdb] [saucenao] [google] >>16243225 based

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