In theory, only 20m people can own one bitcoin

Move over Bit Corn. The next champion has appeared.

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Eventually, OP. Now it's still LINK maximizing time.

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What if I have more than 1? I thought i needed 21?

21 is needed to join the ruling elite. 1 is more than enough to never have to work again in your life.

What?

Only 1million people can simultaneously hold 21 Bitcoins at a time. In a world of 7bl, you’re in a percentile of 0.01%. 21 BTC is new elite come 2022. But, you only NEED ONE SINGLE BITCOIN to be part of the new 1%.

In actuality, considering for lost Bitcoins, needing 21 is closer to 16, or 17. But 21 is the actual number.

This wont happen in our lifetime lol.

>scarcity = value
yeah nah thats not how life works. I only have 20m pubes that doesnt mean each one is $20k

But can I play poker online with your pubes ?

No army in the world would stop you.

this guy fucks

Maybe your pubes would be worth that much if no one else on earth could make their own pubes, or counterfeit them, and if your pubes were guaranteed not to grow back. Your analogy falls apart because your pubes are not recognized as a scarce commodity, not because they are inherently not valuable

I'M TRYING user, I'M FUCKING TRYING, BUT IT ISN'T CHEAP

In theory, Bitcoin CASH is about to be #1 and the ultimate world currency. I think it's silly to hold bitcoin because it's literally going to be worthless. Bitcoin CASH on the other hand is the world's preferred store of value. Thanks

fuck his pubes, play with mine
> faster growth time
> partnerships
> fiat exchanges

I wish I could be as delusional as this guy.

because i own 5 BCH :>

it's not global if the chinks are doing all the mining on dedicated hardware with free hydro from their daddy government.

Why do you need 1 BTC. You cant even really spend it without jumping through 1000 hoops and it is becoming less and less useful as a currency. Also FUCK bitcoin Cash and fuck this Crypto Ponzi.

Bitcoin Cash baby!

this could be a drawback in terms of profitability see

people will global consensus my coin bitchface

Roger gtfoh

nice

Just be happy you're not pic related. I still remember this being a thread on Jow Forums.

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Obama still buys pizza with bitcoin.

is it weird my dick got so hard when i read this? am i gay?

He’s not wrong though... it’s why the others are saying 250k 500k global consciousness is a thing
Could we see those prices yea... I mean 20k seemed like a stretch. But the facts are still true now same as when it was a higher price.

>Why are you not maximizing your bitcoin?
We still have years of alt growth before people realize almost all of them are useless. I will use these years to accumulate more btc.

laszlo invented gpu mining and is probably a multi millionaire.

But I am? I have a little over 2BTC now and I'm pumping $2.5k/mo into it.

Cos we found a new one

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becuck it mite not b teh 1

same true for bch and look at the worthless trash!

>You cant even really spend it without jumping through 1000 hoops
Nah you're just really too dumb for crypto.

The fact retarded corecucks have not absolutely capitulated by now despite it being a year in which lightning was conclusively proven to be a failure even whilst being centralised, and while the majority of btc activity was focused around a fucking etf managed by the state "backed" by bitcoin, and last of all while blockstream rubbed your retarded fucking noses in it by the coup de grace of liquid, and you stupid fucking cunts still don't fucking get it.

You are fucking retarded beyond all measure. You are ignorant obsolete farm equipment that is operating on luck alone. You picked the wrong side of the fucking chain and refuse to accept your error and the incumbent forces of states and central banks and other assorted unproductive psychopathic motherfuckers are the only things propping you up. You will fail, you deserve to fail, and most importantly for the slump to correct you fucking must fail. So just capitulate now and get it the fuck over with. I don't give a shit if you buy the real bitcoin fork, just stop propping up the fucking zombie shitcoin masquerading as Bitcoin that even the most retarded fucking downs syndrome extra chromosome having motherfucker on the planet could identify as a scam by this stage.
Fucking wake up you absolute sad fucks.

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Didn't you hear? This has all been solved.

Snowblossom.org

Welcome to the ground floor user.

>t. december peak buyer and shitcoin (((investor)))
what you don't get is that you are massively retarded.

>You picked the wrong side of the fucking chain and refuse to accept your error
you mean the winnner, man i have no personal feelings if bch becomes bitcoin by getting the majority of hash and flipping btc i will stwitch over. but right now bch is just a shitcoin it's fucking nothing, this pathetic little pump is just a fart in the wind compared to the losses cashies suffered.

Haven't suffered any losses, bought in at 300 on the initial split when it was obvious blockstream was a hijacking attempt designed to sabotage the chain, sold blow off peaks, bought stable troughs, made out like a fucking bandit, still up stratospherically and diversified into several other projects that aren't blockstream hijacked, and will continue to be up permanently, because I am fucking better than you.
You on the other hand have honestly managed to convince yourself, in the face of control and embrace from the very forces the apparatus was designed to destroy, that you're on the right side of history. You are truly mindbogglingly idiotic, and you will suffer for your immensely for your abject stupidity..

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desu that's actually an interesting idea. You do however realise that proof of IOPS just means you're going to end up with farms of SSDs instead of GPUs or ASICs if your chain gets any kind of traction. I don't see what you're actually solving by doing that. If the problem was simply the type of mining, there's plenty of failed solutions to that problem already. That's not actually the problem. The problem is the blockstream hijacking and cancer, and I don't see what your chain does to address it.

Thesaurus the post

> mommy the bad man used big words and hurt muh brain reeeeee
I honestly can't decide if it's fun watching this guy BTFO coretards, or I should feel sorry for them, but damn if he doesn't do it well indeed.

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>made out like a fucking bandit
>I am fucking better than you.
of course of course... whatever you say you inbred retard
>You on the other hand have honestly managed to convince yourself, in the face of control and embrace from the very forces the apparatus was designed to destroy, that you're on the right side of history.
i guess you don't understand what bitcoin is don't you? it's the longest chain with the most hashpower. obviously history shows you picked the loser.

and here is your pick of poision a fucking tyrant:
>If ABC stays on SHA256d and does not add replay protection, we will hound it. Not until it is weak, not until it is unlisted on every miner and major and home level exchange globally, but until the last CPU running it anywhere globally burns out. If this means chasing a lone dev with a CPU to burn that last vestige of hope, and you think I will not, then, you do not know me! But, you will learn. This is not vengeance. It is a lesson. And I intend to burn it into the hearts and souls of all the socialists in ABC so their great grand children do not forget it!
>Have a nice day.

if you can read between the lines basically if hash was become a legit thing settling disagreements or raiding competitors, nothing will stand but bitcoin. nothing else stays alive that uses pow. and pos coins are even worse because they have no memory, once majority is held by a group they can completely rewrite history. unless said pos coin piggybacks on the one true blockchain for validation security: btc.

Longest VALID chain with the most hashpower, you blathering shitcock. BTC is invalidated as soon as you read the fucking title of the bitcoin whitepaper.

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valid by the code, the consensus algorithm, nothing else matters you can shove the whitepaper up your ass because nobody is mining it or running it.

I understand the words it's just flexing like a sperg, cashies are all retarded though so I mean I guess I should have expected his and your behaviour

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If the miners were mining BTC because they actually thought it was legitimate, you might have a point. That's not the fucking truth though, unsurprisingly, you are as misinformed on that as you are on everything else.

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The fact that it's scarce doesn't mean it's a good store of value.
My dick is scarce and it doesn't store value.

The code is a means to an end, which is what is highlighted in the whitepaper, that you fail to understand this is utterly unsurprising. If you ignore the goal and focus purely on the mechanism, you will end up with an efficient ledger for taxing cattle, while the original purpose of the ledger was to set the economy free. The exact fucking opposite of the intent of the production.
This is what I mean by how mind numbingly fucking retarded you people are, you *acknowledge* outright that yes, your shit has been hijacked and sabotaged and turned 180 on the original principle, but then think you've fucking proven something when you point out that presently the miners have been bribed to signal as if that chain were the legitimate one, even though the realisation of that itself requires acceptance of all of the above.
You are a complete waste of fucking oxygen, do the world a favour and neck yourself.

T. Roger ver

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Buy BITCOIN CASH you stupid fucking cucks.

Dude, you're correct, but I've seen you here the past few days, or you're correct enough that people are using your shit as copypasta by now, and you need to calm down.
Most people with any intelligence whatsoever honestly know what you're saying already and have taken the appropriate measures. Don't raise your blood pressure worrying about the stupid fucks that haven't figured it out yet. If they're still stuck in that mode of thinking despite the events of the past year there's nothing you're going to be able to do to actually wake them up. No man is so helplessly enslaved as he who earnestly believes he is free despite all appearances to the contrary.

In reality, Bitcoin is a Ponzi scheme.

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welcome to world crisis
new year is coming

>The code is a means to an end
the code is bitcoin nigga, the whitepaper is the concept only and arguably btc is more true to the whitepaper than bch which is ironic you cashies can't see.

> the code is bitcoin
> actually has a mental model that doesn't even have the syntax necessary to express the concept of saboteur developers.
just wow

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>Dude, you're correct
nothing he said was correct he keeps deflecting and moving the goalpost and ranting about things that are true to both fork.

there is no real difference between btc and bch no significant enough change the only difference is hashpower and valuation.

i honestly never understood why the split was forced, they should have done both: increase the block size and implement segwit with a clear consensus hardfork not a gay soft one "with anyone can spend".

everybody in that struggle was a fucking imbecile in my opinion. but in the end the market choose and btc is the one true bitcoin. if you think that will change even so that btc can basically any fucking day can increase the block size if it needs to (they only didn't do so to force faster adoption of segwit) bch is just a bad joke in the end. i don't know if it was a scam or the fuckers are legit retards some of the things they say implies they don't understand shit about bitcoin.

>fairly distributed
kek

the consensus accepts the code in the end. people adopt the code (the abstract algorithm not necessarily the exact implementation, but also that too). that's what makes bitcoin worth anything people accepting it. btc is more accepted more coveted more desired more prestigious and more secure than your base shitcoin. sorry that you can't deal with it...

yeah nah you have nfi whats going on.

You people that post this always neglect that nobody uses BCH for the purposes laid out in that picture either.

>i honestly never understood why the split was forced
you think we don't fucking know that you sad cunt? Arguments from incomprehensibility are worth less than a blowjob from your mother.

Yeah, people definitely don't use Bitcoin Cash for peer to peer electronic cash, despite the fact that is why merchant adoption and marketing is constantly in full swing and there's a massive impetus for exactly that, because reasons. OK, sure.

dude you can't argue facts, then why chime in.
the only fact that matters is the greatest consensus is with btc. that is the only secure pow chain that does not rely on a central authority or trust to operate. the development sure is fucked, but the people choose and bch lost. it could have won if he people holding bitcoin would have sold their btc and kept the bch the miners would have followed in days to the more profitable chain.

because literally nothing you're saying is correct and you seem to be blissfully ignorant of it and it's just fuckin funny. You're a walking talking example of what people would otherwise believe was just BCH propaganda, but there you are proving it legit.

They don't though.

Does BCH have more merchants than BTC? No, probably not even more than LTC.

You're wrong though.
reddit.com/r/CryptoCurrency/comments/9v146n/ordering_a_vpn_service_and_found_it_accepts/
This is becoming par for the course, for mind numbingly obvious reasons that are by design on both sides of the fork, the fact dumb cunts like you and don't understand them doesn't mean they go away

>I can print my own money why would I want to own dollars

let me rephrase that to your peasized brain... i never understood why roger ver and his crew was such insufferable obnoxious cunts, and the core dev team was shitting on their own users in such an irritating manner to push their long term plans along instead of compromising on the immediate problem.

go ahead man! go ahead get your shitcoin listed try to sell it to me! i wish you the best of luck!

>one fucking website which still uses BTC's logo and not BCH and you can still use LTC.

Ok m8. Probably best to stop posting before you go into cardiac arrest.

The market chose incorrectly and you will eventually see the flippening isn't just a fantasy but a consequence of not increasing the blocksize on BTC. BCH Is the future of Bitcoin.

Why would anyone buy this useless "currency" though?

Why do you do all the things you do for money?

Cheese pizza, skimpletong. Obama buys cheese pizza with his bitcones

This pretty much sages the BCH bullshit. Are cashies right about BTC not being satoshi's vision... probably yes... does it matter when BTC has fucking billions in POW costs to back it's secured chain and viewed as the true Bitcoin the world over... probably not. No amount of whinning will change that.

The only purpose altcoins serve is to acquire more bitcoin. Those who fail to recognized this and get caught up in "the next bitcoin" narrative will forever baghold

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Listen to yourself
"Yeah, they're probably right that the state and central banks totally just hijacked and sabotaged Bitcoin and turned it into something diametrically opposed to the original purpose and the reason it appreciated so massively to begin with, but because miners are mining it for short term profit, and because every fuckwit who knows nothing believes it is still the same thing, none of that matters."
If this logic held we could replace all items with state declared substitutes simply on the belief of idiots and the proclamations of slightly higher level idiots.

>Why are you not maximizing your bitcoin?
Because it's everything that's wrong with boomers.

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Don't tell them. Someone has to pump our bags.

Iirc there is 80t of actual money in the world. Divided evenly between 7b people that's ~11.5k/person. 21m bitcoins / 7b people is 0.003 btc/person. In a future where bitcoin has replaced fiat as the monetary base it is safe to say that 0.003 btc = 11.5k, therefore 1btc = 3.8m.

However this is a very conservative estimation because it assumes an equal distribution and does not take into account lost coins. If we redo the calculations and take 5m btc out of circulation permenantly and assume 90% of the remaining supply will not be used since it will be hoarded, only 1.6m bitcoins will serve as the monetary base when you account for velocity. Therefore it is possible that one day 1 btc will be worth 65.5m and 21 btc will be 1.4b.

You purchased a bit coin... congratulation.... what does it do? What is it good for? Can you use it as a can opened?

Interesting... and you spent how much money on those magic beans?

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>In a future where bitcoin has replaced fiat as the monetary base it is safe to say that 0.003 btc = 11.5k, therefore 1btc = 3.8m
This day cannot come any faster. I am not getting any younger here.

another retard that doesn't understand where btc value comes from

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