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File: 67 KB, 448x685, cashbadger.jpg [View same] [iqdb] [saucenao] [google]
11526031 No.11526031 [Reply] [Original]

Bitcoin Cash is P2P electronic Cash for the entire world.

Everything else is peripheral.

>> No.11526050

>>11526031
Just like the venezuelan bolivar

>> No.11526070

Blablabla

>> No.11526073
File: 138 KB, 1080x1080, 42849472_1058659917638651_7772724451459425896_n.jpg [View same] [iqdb] [saucenao] [google]
11526073

>>11526050
The Venezuelan Bolivar is indeed peripheral.

As Fed continues to tighten, most EM fiats will begin to completely lose value.

The USD will follow.

>> No.11526104
File: 7 KB, 252x200, cashh.png [View same] [iqdb] [saucenao] [google]
11526104

>>11526031
keep doing this BCHautistbro.
I'm your backup bro.

The truth is....

BCH is the real bitcoin.

>> No.11526436

In all reality, both Lightning Network and Block Size increases are necessary for mass adoption. Neither of these solutions will be able to stand alone and compete with the TPS of centralized systems. Both sides have special interest in why their solution is better- smaller blocks right now makes for larger transaction fees for miners. ASICBOOST centralizes mining for Jihan Wu, and makes his industry domination more profitable. By analysing those special interests, this is why I choose to side with BTC over BCH. This is why it retained a higher hash rate at the hard fork and why Segwit implementation continues to retain the original BTC ticker and title of Bitcoin on all major exchanges and market tracking websites.

In order to compete against Visa, Paypal, and the like, both Lightning and Block Size Increases are necessary. The first to implement both will become the winner in the crypto world.

>> No.11526695
File: 282 KB, 1200x537, DqWitBhX4AEgJ0v.png:large.png [View same] [iqdb] [saucenao] [google]
11526695

>>11526436

Thank you for a well thought out response.

Segwit was an easier way to implement Lightning Network without a hard fork. A hard fork Bitcoin Core needed in order for Blockstream to sell Liquid to the exchanges.

What we need is massive adoption in order to create enough transaction fees to fairly compensate miners. This is the only way to create sound money. We need massive adoption FAST.

LN is useful for certain applications where channels are clear and consistent. P2P money it is not.

What exactly is the core issue with Jihan? I never fully understood this. If he didn't build ASICS, someone else would have. If China didn't have cheap electronics and engineers, some other place would have more miners... We want miners to compete. Competition is what allows Bitcoin to be trusted.

>> No.11526755

>>11526031
bcash would probably be very popular if it wasn't for the bitconnect style marketing and roger & craig wright as the main faces of the project

>> No.11526803

If people havent noticed this is a paid shill thread.
You can tell due to the reddit style memeing.
This is pure desperation.

>> No.11526898
File: 40 KB, 960x400, DqParUpUwAAQBck.jpg:large.jpg [View same] [iqdb] [saucenao] [google]
11526898

>>11526755
>>11526803
Please engage with the system, not with ad hominem.

>> No.11526969

>>11526898
LE REDDIT AD HOMO XXXDDDD
Go nigger your jew coins elsewhere pajeet

>> No.11527052
File: 163 KB, 1280x520, DlsDrtMXgAYxuah.jpg [View same] [iqdb] [saucenao] [google]
11527052

>>11526969

Corecucks really need to come up with better lines.

>> No.11527067
File: 129 KB, 938x716, FAE12109-0AD3-4783-952D-32C134126BB5.jpg [View same] [iqdb] [saucenao] [google]
11527067

>>11526969
But core is kike coin

>> No.11527081

u are going to meme bch to the moon!!

>> No.11527088

>>11526695
My main contention isn't with Asic mining, but the AsicBoost technology that Bitmain uses. They spent a lot of money to develop + implement AsicBoost into their S9 miners, but due to legal patent tensions with Halong Mining they are unable to sell these miners. Furthermore, AsicBoost tech is not compatible with Segwit and thus makes Bitmain shit outta luck when trying to mine BTC blocks.

This is why Bitmain is a strong sponsor of BCH- if BCH is "The Bitcoin" then it is more profitable for them. That's why BCH will never implement Segwit. It's so that Jihan can maintain a monopoly. And that's despicable when considering that this kind of greed can hold back and stunt the growth entire crypto ecosystem.

>> No.11527153

>>11527088
Dont worry about it, theyre fucked. Bcash was literally the last roll of the dice. They know they can't compete with actual proper hardware companies.

>> No.11527178
File: 144 KB, 800x600, IMG_9259.jpg [View same] [iqdb] [saucenao] [google]
11527178

>>11527088
>>11527088
>>11527153
AsicBoost is called innovation. Anybody else is free to come up with their own brilliant solutions and patent their own goddamn technology.

Bitcoin is permissionless. Hardware competition is permissionless. Code competition is permissionless. A central group of developers announcing soft forks is not permissionless.

November hash war will show u how nakamoto consensus works in action. When you fomo back in.

>> No.11527207

>>11527178
Yes. And anyone is also free to fork it off and brick your entire company.
Isnt the free market wonderful?

>> No.11527240
File: 156 KB, 812x1200, IMG_6803.jpg [View same] [iqdb] [saucenao] [google]
11527240

>>11527207
Absolutely. Nobody knows the future.

I believe Bitcoin Core will get rekt as the free market realizes that the fundamentals have changed.

I don't particularly care if Bitmain wins the hardware game long term or not. I win regardless.

Corecuks lose irregardless. Life is a BCH.

>> No.11527258
File: 7 KB, 250x210, 1535047610125s.jpg [View same] [iqdb] [saucenao] [google]
11527258

>>11526031

another btrash thread? sigh....

>> No.11527280

>>11527240
They will exit scam after the IPO.

>> No.11527324
File: 57 KB, 640x480, bitcoin-news-with-roger-ver-in-korea-f09f87b0f09f87b7-HJlFHH204P8sddefault.jpg [View same] [iqdb] [saucenao] [google]
11527324

>>11527280
how can Bitmain exit scam a coin they mined?
They earned it. They are free to sell it.
Exit scams are for premined shitcoins.

>>11527258
Try to figure out why you are angry at btrash. Because we are fighting for financial freedom for the entire world.... Not your portfolio.

Bitcoin is Cash.

>> No.11527331
File: 95 KB, 651x768, berzt5tf6du11.jpg [View same] [iqdb] [saucenao] [google]
11527331

I'M REAL BITCOIN REEEE

>> No.11527356

>>11527324
You'll see how.

>> No.11527360
File: 811 KB, 1506x1028, bcashbcashbcash.png [View same] [iqdb] [saucenao] [google]
11527360

>>11527324

>> No.11527372
File: 349 KB, 1434x960, 1517955938785.jpg [View same] [iqdb] [saucenao] [google]
11527372

It must suck having invented Bitcoin yet no one believes you

>> No.11527417

>>11527372
it wouldn't be hard to prove
yet many fags have claimed they invented it with no proof whatsoever

>> No.11527427

>>11527324
>how can Bitmain exit scam a coin they mined?
>exit scam a coin they mined?
>they mined

>Exit scams are for premined shitcoins.

>> No.11527429
File: 146 KB, 800x600, DjdthVUU8AAr73n.jpg [View same] [iqdb] [saucenao] [google]
11527429

>>11527356
>>11527360
>>11527331
>biggest hardware company in the industry
>sets industry standard with well designed machines.
>founder is the first person to translate the Bitcoin paper into Chinese.
>Decides to invest in the original vision of Satoshi.
>somehow evil.

Bitcoin Cash is freedom.
Bitcoin is CASH.

>> No.11527433

>>11527324
why was there 100k more bch than btc soon after the fork?

>> No.11527443
File: 40 KB, 500x500, Lil Windex.jpg [View same] [iqdb] [saucenao] [google]
11527443

Lil Windex - Bitcoin Ca$h (OFFICIAL VIDEO)

https://bit.tube/play?hash=QmQavCBhFDCKqcxoUmU5xZXXkyF19o3HTcfTQwMMFLk6Co&channel=39140

>> No.11527455

>>11527427
bcash was premined
look into EDA abuse
bitmain "mined" over 100k bcash outside distribution consensus

>> No.11527500
File: 232 KB, 1500x800, bch-btc-compared.png [View same] [iqdb] [saucenao] [google]
11527500

>>11527433
The emergency difficulty adjustment was created to allow the difficulty to adjust without freezing the chain.

It was badly coded. It was easily gamed, and that's why it was patched out.

Amaury is kind of a shit coder. Fuck ABC.

That does not change the fundamentals of Bitcoin. Even those coins were fairly mined. The rules were badly written, but the players played by the rules.

>>11527455
A premine implies that others were not allowed to play. For example."this shitcoin was premined before the implementation was released to the public"

Anyone was free to point their miners to BCH chain during the EDA phase. Many BTC miners did. This is just competition.

What is happening to core, which is a developer group takeover, is not competition.

>> No.11527515

>>11527500
yeah change the subject and repeat your false rhetoric
your shitcoin alt keeps crashing everyday because it's total shit haha

>> No.11527547

>>11527324

so buy BTC and XMR

daily reminder bcash is a scam to enrich jihan and ver

>> No.11527579

Bitcoin cash is losing with every shill thread. Every forced meme nobody would repost unless it was with an agenda because they're unfunny, every stupid infographic any moron can see through makes bitcoin cash look more pathetic.
https://www.youtube.com/watch?v=4sJY7BTIuPY

I'm not saying Cash is worse or shouldn't be the real Bitcoin I'm just saying these endless daily shill threads make sure that it isn't. It's suicide for you.

>> No.11527643
File: 245 KB, 1430x907, 1510731618280.jpg [View same] [iqdb] [saucenao] [google]
11527643

>>11527547
>>11527579
>>11527515
lmao, it's just one autistic daily. y so mad?

Why not try answering how Bitcoin Core can be cash if there is 16 cent fee to every transaction?

Hint: it is not cash.

Bitcoin Core is not a p2p electronic cash.
It is not Bitcoin. Bitcoin is CASH.

>> No.11527669

>>11527579

this

>>11527643

we aren't even mad bro we are just tired of the shilling. nobody has to shill bitcoin and xmr

>> No.11527679
File: 10 KB, 474x266, lg.jpg [View same] [iqdb] [saucenao] [google]
11527679

>>11527669
>we aren't even mad bro we are just tired of the shilling
this
>>11527643
lol this is getting sad bro

>> No.11527736

>>11527088
>>11527178
I thought part of the reason they don't want segwit is because it breaks the opcodes in someway?

>> No.11527846
File: 7 KB, 282x179, download.jpg [View same] [iqdb] [saucenao] [google]
11527846

>>11527360
Pretty much this. How many times do you want to get chinked in this market lol. Jihan owns 1 million of these fucking things lol and is looking to dump. I dont want to be at the mercy of some chink for all time. Satoshi is gone and Hal is a frozen head. What is BCH at right now .068 and falling... Holding this is clearly not smart, so I tried using it, and converting to BCH from whatever costs more in the end then just using BTC or XMR. At this point id rather just use XMR. When BCH gets and holds .25 I might look at it again and think of finishing up a coin. I think I have .5 on binance from the fork. Right now these shill threads just seem desperate attempt to save the PND. I am not even against you but XMR just seems very attractive in this market right now. Why the fuck would you actually want to use a digital ledger as cash lol. Idk man I guess each their own and all that.

>> No.11528132
File: 33 KB, 600x315, image.jpg [View same] [iqdb] [saucenao] [google]
11528132

>>11527736
not opcodes. segwit breaks the chain of signatures. replace-by-fee breaks 0-conf,.

>>11527846
>pic related

>> No.11528739
File: 53 KB, 600x337, DjVkpqGU8AA0jr5.jpg [View same] [iqdb] [saucenao] [google]
11528739

Was it sad when ML defied the Catholic church?

Was it sad when I realized the Core Lies?

Yes it was.

>> No.11529078
File: 80 KB, 992x794, Dp3obIvUwAE05ks.jpg:large.jpg [View same] [iqdb] [saucenao] [google]
11529078

>> No.11529100

>>11526073
>tfw you will never have a bch gang qt girlfriend who makes u homemade pizza

>> No.11529326

Hello autistic bitcoiners. I've got a smart guy with an interesting perspective on scaling for you.
https://www.youtube.com/watch?v=ECqcf-Nyjmw

>> No.11529338

BCASH
C
A
S
H

>> No.11530149
File: 1.21 MB, 1266x726, j726gpe3at901.png [View same] [iqdb] [saucenao] [google]
11530149

Bitcoin is CASH desu

>> No.11530183
File: 63 KB, 732x502, csw.png [View same] [iqdb] [saucenao] [google]
11530183

>>11529326
I actually like Monero. I don't think it can be global money (good money should be both fungible AND transparent).

I do love it though. I think it will always have value, at least as an anonymizing service.

pic related? lol

>> No.11530279

>>11530183
And centralized? How can tokens with unique histories on a block chain be fungible?

>pic related
Realistically most serious business transactions need to be private.

But also did you watch the video? What is your opinion on scaling?

>> No.11530287

Hi, I'm a gay

>> No.11530590
File: 713 KB, 588x623, Screenshot_2018-10-23 #BCH hashtag on Twitter.png [View same] [iqdb] [saucenao] [google]
11530590

>>11530279
I watched the first half.

This old man does not know that hard forks are possible. (3:50 it's impossible to change the 1MB cap). Recently, Monero had a controversial hard fork as well. Curious what his opinion about that is?

His dislike is obviously towards Bitcoin Core. He doesn't like small blocks, high fees, and fee markets. I 100% agree.

The discussion between tail emission and no tail emission is an interesting one. Do we need an inflationary currency? Austrian economists would disagree, for example.

I like Monero. I would prefer my government to use bitcoin cash for its (preferrably tiny) budget. My hookers can use Monero.

>> No.11530709
File: 132 KB, 1125x882, rara.jpg [View same] [iqdb] [saucenao] [google]
11530709

BTC VS BCH Debate with Tone Vays and Justin Bons

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

>> No.11531044

>>11530590
You can't hard fork in a change to the emission, it's too fundamental. The reason for the tail emission is that there needs to be a way to pay for mining. Bitcoin's security in the future is predicated on a fee market, a market that can't develop if block space is an unlimited resource.

>> No.11531065
File: 187 KB, 1040x501, big blocks.jpg [View same] [iqdb] [saucenao] [google]
11531065

>>11531044
u fell for the fee market meme.

If the entire world is using Bitcoin (that is what we are fighting for) the low fee- high volume model is a working solution for after the block rewards run out.

Pic related.
It's how many transactions the chain needs and how big the blocks need to be to have hash security and low fees.

>> No.11531109
File: 295 KB, 853x480, Screenshot_2018-10-26 Bitcoin SV A BCH Protocol for Satoshi Vision - YouTube.png [View same] [iqdb] [saucenao] [google]
11531109

wrong img

>>11531044
>>11531065

>> No.11531132
File: 6 KB, 480x360, images (19).jpg [View same] [iqdb] [saucenao] [google]
11531132

>>11526104
delet this.
Orange man good.

>> No.11531147

>>11531065
Hello, what's happening in November?

If BCH is the real Bitcoin, why is there a fight between ABC and nchain in November?

Who do you think will win? ABC or nchain?

Which wallet do you use? Where do you keep your BCH

>> No.11531244

>>11531109
Dumb question back in 2017 when the fork happened. Everyone got 1:1 Ratio.

Can we see if Satoshi has moved his BCH?
I like you autistiism do continue, and educate

>> No.11531572

>>11526031
>>11526073
>>11527324


do you pay girls to wear bch shirts? or do you just give them a free shirt and use their pictures as "grass roots" advertisement without their permission?

fuck jihan and fuck roger ver for trying to derail the bitcoin project with their unadulterated greed. hope your shitcoin goes to 0.

>> No.11531643

>>11526755
that's not my biggest issue with it.

>> No.11531653
File: 172 KB, 559x625, Screenshot_2018-10-12 1510525786186 jpg (JPEG Image, 1074 × 1200 pixels) - Scaled (52%).png [View same] [iqdb] [saucenao] [google]
11531653

>>11531147
The genesis block is here
https://bch.btc.com/12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX
and
https://btc.com/12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX

people keep sending satoshi satoshis, but satoshis satoshis are still in static status.

I think this is Nakamoto Consensus in action.

In a competitive system, people can disagree about the direction of the development. In the Bitcoin system (Proof-of-Work), miners have to have skin in the game to back up that direction.

Whoever has enough hashpower and economic clout will win. There will be no split and Bitcoin Cash will emerge stronger.

BCH already proved hard forks work.
BCH already proved big blocks work.

Now BCH will prove that Nakamoto consensus works.

Soon it will prove that Bitcoin is CASH.

>> No.11531766

>>11531653
>implying people owning the coin don't have a skin in the game only the fucktards that sell them on the market as soon as they mined them.
fucking verfags man

>> No.11531792

>>11531766
in fact since miners can easily jump between forks one could argue they have the least skin in the game.

>> No.11531924

>>11531065
I didn't fall for that meme, that's why I'm into Monero. Thing is though, Monero has a mechanism that doesn't need to be as centrally controlled as BCH. The tail emission allows it to work dynamically.

Does BCH have a minimum fee or a target blocksize for the long term future? I haven't seen any realistic plan that allows it to scale securely.

>> No.11531970
File: 723 KB, 4000x3000, IMG_20180608_212733_HHT.jpg [View same] [iqdb] [saucenao] [google]
11531970

>>11531792
>Buying millions of dollars of specialized equipment.
>not having skin in the game.

you can only choose one.

>>11531924
unlimited blocksize is the target.
Blocks should always be underutilized.
This allows 1satoshi per byte transactions always.

Until 1 satoshis is too high. Then we can do fractional satoshis. As long as blocks are underutilized, miners are incentivized to include every transaction.

This was how bitcoin worked since inception.

Bitcoin is CASH.

>> No.11532091

>>11531970
>Buying millions of dollars of specialized equipment.
that can be used on any btc fork with a software update. or even on a reboot of btc with a new genesis block.

>> No.11532108

>>11531970
basically if you want a better analogy the miner is the taxi driver. he should take you where you want to go he provides a service and gets his fee in return. that's his business not making development decisions especially ones that affect the user experience.

what would you say if a taxi driver said to you that he won't take you to XYZ street but instead he will drop you off in the other side of the town because it's closer to his home and it's late?

>> No.11532123
File: 119 KB, 741x981, blockstream.jpg [View same] [iqdb] [saucenao] [google]
11532123

>>11532091

the miners were not making development decisions on BTC because core was busy kicking people with different ideas out.

Do you remember the NY agreement? That was the miners saying, listen, we understand that core wants segwit, you understand we want blocksize increase. Let's compromise.

Miners have every incentive to serve users and mine the most profitable chain.

Blockstream has every incentive to make on-chain transactions difficult to force people into using Liquid sidechain.

>> No.11532133

Im convinced autistic bitcoin casher is AI. I refuse to believe a fellow anon is actually this autistic.

>> No.11532149

>>11532123
>Miners have every incentive to serve users and mine the most profitable chain.
that's not how i remember it, it was the miners cartel that were most opposed to the block size increase. i remember the fuckers taking a vote with their hashrate and shit. left a pretty bad taste in the mouth. the users wanted fast and cheap transactions but were basically blackmailed into sticking with core with the threat of the other fork not having enough hashpower to function or being open to attack if the fucked with the adjustment algo.

>> No.11532220

>>11531653
it's ironic by the way how that entire argument is basically against bch because the majority of hash power is with core which makes bch a meaningless shitcoin and if segwit is fully adopted and core increases the block size too it will become a bad joke overnight.

>> No.11532246
File: 1.08 MB, 2638x2689, lnotwork2.jpg [View same] [iqdb] [saucenao] [google]
11532246

>>11532220
Close but no cigar.

Yes. If BTC decides to increase the blocksize (make Bitcoin useful again), BCH will lose all value. Even a minor 2MB increase will have a seriously negative effect on price, make BTC fees low again, keep the ecosystem healthy.


Yet Core refuses to do this and bans everyone from talking about it....

>> No.11532263
File: 121 KB, 1200x592, Da6tOQXUQAAnJ1e.jpg [View same] [iqdb] [saucenao] [google]
11532263

>>11532133
i chuckled anon.
I do realize that I am being SUPER DUPER autistic... I hope my self awareness makes you respect me enough to think about what I am telling you...

Bitcoin is CASH.
always was, always will, and always should be.

Bitcoin CASH is the real Bitcoin.

>> No.11532366

>>11531065
Volume is much more important if you are looking for more fees

>> No.11532380

Shit I'm stupid,
>>11532366
was meant for
>>11531044

>> No.11532391

>>11531970
>>11532366
You're arguing for fees as close to zero as possible. It doesn't matter how many txs you have when, 0*a billion is zero.

As an aside monero has more decimal places than bitcoin.

>> No.11532410
File: 128 KB, 1024x814, DqKIRUIXgAAJXnE.jpg:large.jpg [View same] [iqdb] [saucenao] [google]
11532410

>>11532391
$0.001 * a billion is still 1 million dollars.

Adding decimal places is trivial.
Adding blocksize should also have been a no brainer.

They didn't want Bitcoin to be CASH.

>> No.11532416
File: 41 KB, 480x480, 38042605_501953206915369_1202880650093264896_n.jpg [View same] [iqdb] [saucenao] [google]
11532416

>>11531109
This is the most important picture to understading the big block approach to fees.

We aren't talking about 1 MB vs 8MBs or even 128MBs. Bitcoin needs Gigabyte levels of adoption before the halving to remain secure.

>> No.11532424

>>11532410
Who says fees should be $0.001? Add a few more decimal places as you propose and suddenly the block reward is only $1000.

>> No.11532446
File: 235 KB, 563x449, 1540243544389.png [View same] [iqdb] [saucenao] [google]
11532446

>>11532424
You misunderstand me anon. Additional decimalization should happen when 1 satoshi per byte transactions cost more than a cent.

Saotshi's promise was low fees.
Bitcoin Cash continues this promise.
Sub-cent fees, always.

>> No.11532447

>>11532416
I understand that and don't mind that but I can't tell if you guys are arguing for 1 cent fees or 0 cent fees. There's a big difference.

>> No.11532535

>>11532446
If bitcoin was getting a billion txs every ten minutes I don't think you'll have the USD to compare to.

Also I think this method of doing fees is certain to lead to centralization and therefore the end of censorship resistance. At some point as you approach 0c fees you reach the last miner that can afford to include transactions at that price. Eventually that would be the only miner left and you'd have a completely centralized and transparent money. Probably worse than the current system.

>> No.11532927
File: 68 KB, 640x360, IMG_4557.jpg [View same] [iqdb] [saucenao] [google]
11532927

>>11532535

Mining will remain decentralized as long as electricity production remains decentralized.

Mining cannot be completely decentralized due to how capitalism works. More capital, more hashpower.

PoW is free market capitalism. One exahash is one exahash. As long as electric and net infrastructure is available, miners will compete.

>> No.11533783

Bigger blocks greater centralization. Satoshi thought bandwidths wouldn’t be an issue by now because of Moore’s law but they are.

>> No.11533888
File: 250 KB, 803x1200, scaling storafe.jpg [View same] [iqdb] [saucenao] [google]
11533888

>>11533783
>I know better than satoshi
>I know better than moore
>hurr durrrrr

>> No.11534219
File: 104 KB, 768x1024, DjuvdwXUYAAc6LI.jpg [View same] [iqdb] [saucenao] [google]
11534219

>> No.11534458

>>11533783
> Le I haven't actually researched at all.

>> No.11535222
File: 132 KB, 1080x648, Do6-QOFUYAABNmZ.jpg [View same] [iqdb] [saucenao] [google]
11535222

P2P cash for the whole world can be used by ordinary people to feed ordinary people in need.

Electronic gold is used for onboarding speculators from fiat to scam coins, hodling, and for "significantly large" transactions.

Bitcoin Cash is def Bitcoin.

>> No.11535267
File: 45 KB, 987x766, 1ohsbi.jpg [View same] [iqdb] [saucenao] [google]
11535267

>>11527240
>Life is a BCH
God you are such an insufferable faggot.

>> No.11536248
File: 96 KB, 1024x768, biz5.jpg [View same] [iqdb] [saucenao] [google]
11536248

>>11526031
It's time.

"Dump all BTC holdings."

>> No.11536277
File: 208 KB, 2048x833, chad11.jpg [View same] [iqdb] [saucenao] [google]
11536277

>>11527052