Unironically all-in

stay poor pajeet

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>fuck all your shitcoins with no real world use.

In that case, I'm sure you're invested in SV then. The real Bitcoin.

Based and redpilled.
Did you know schnorr sigs can give a 20x speedup when batch verifying multiple blocks during initial sync? That's without aggregation (1 sig per transaction)
>tfw liquid network
>tfw lightning network
>tfw sig aggregation
>tfw betterhash algo for more decentralized pools

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I have it's good but not great
I'm on the developer mailing list and 3 things need to be done for it to gain widespread adoption (AMP, watchtower, and tx factory)
watchtower will probably be done in a couple months AMP a few months after that but I haven't see any information on transaction factories
we have time but I don't know how long it'll take

but bitcoin is literally the only thing that matters in this entire industry
you're a fool for not having the majority of your holdings in it
yesterday at consensus invest all the biggest people disliked ETH and liked bitcoin

I'm talking about the original hard fork
year 2015 not price.

BCH didn't fork until 2017.

>dat brand recognition
>beautiful logo
>beautiful sounding name
quite the chad way of thinking you have there, I love it

> not an argument the post
dem shills.

Lmfao no way. Look at that fucking logo

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take 12-15 hours and watch every consensus invest interview
these institutions know the "token economy" is fag bullshit only willy woo likes
anything using ETH took the easy route for fund raising and elected to use a less secure chain and will probably get shut down by illegal security regulators
also tokenomics is a meme the native currency of the internet is bitcoin all services will be priced in it not .2417 memetoken xyz

True, I'm referring to the dark times where discussion of these problems was limited to Jow Forumsbtc before it became overloaded will shills.

Ah, well, that makes more sense then.
Regardless, the post you originally replied to makes it quite clear why lightning / liquid / offchain scaling with an artificially limited first layer in general is a model doomed to fail. Also pic related.

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I stopped reading after it started shilling BCH and BSV or whichever one. Both of those are playing in the kiddie pool. Both are fucking trash, and if you sincerely believe that they will one day overtake BTC, I wish you a lot of luck.

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>artificially limited first layer
for who big institutions? paypal services? miners?
you're a retard the entire bcash argument is ridiculous

And changing the hashing algo or any solution at all that relies upon 100% open access proof of work is not a solution, because the economically rational option in that situation is always to simply mine the most profitable chain, period. Doesn't matter if that's CPU/GPU/ASIC, whatever. You mine the most profitable chain, and that's what leads to the situation where the bulk of mining capacity can be recruited for hostile attacks on chains.

>you're seeing the pop of the fiat bubble
Stopped reading there.

Artificially limited as far as the network that actually provides the service. That artificial limit means that the transaction and settlement layers are artificially separated, which in turn means you can exploit the first layer by manipulating the other layers where all the tx volume actually happens pic related, fucktard.

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>hey Stephanie, have you heard of cryptocurrencies?
>Oh, are you talking about Bitcoin?

mr you need a $30,000 node craig sv makes the system centralized as fuck
shit like S2X goes through when nodes cost $30,000 and whatever comes after miners and institutions are the only keepers of the ledger

lol yeah wouldn't want to support a centralised system, christ what a fucking retard.

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That's essentially an argument for PoS (which I'm not a fan of personally).
This criticism can be applied to either side of a hardfork hence the hashwar.

Bitcoin Core isn't dead, and there are valid reasons for this.
Bitcoin Cash (whichever variant lol) as a space has lots of room to grow, and should focus on growing rather than tearing town it's already steep competition.

> muh stopped reading
Then you deserve what you'll get for taking pride in your ignorance.

shit was so (bitcoin) cash

>Thinking his shitcoin will overtake the King

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you don't get it LN locks the on chain coins and the protocol and nodes follow a set of rules
everything is still legit while not being able to chain the rules on the 1st layer

the 1st layer needs to be verified by as many people as possible so if miners want to change the rules people can regroup and maintain consensus with a differ algo or whatever
the small blocks are insurance against rich people abusing the system
what comes after that takes some finesse with efficiency upgrades

It's not an argument for anything in particular, it's pointing out that a certain model is broken. There are many other arguments as to why POS and DPOS are also broken, and there are many experimental systems and hybrid systems also, for example BCH hash POW + checkpointing so it's not vulnerable to these kinds of attacks. One day it's pretty much a given someone will do a chain that you require keys to mine on and if you mint a block that contravenes the rules in a hostile attack you'll forfeit your mining key, that also would solve the issue.
The point is, BTC is shit tier and broken.

50% BTC, 50% ETH

i'm comfy for 2020 (halvening + PoS)

lets so a big node in LN try to change the rules

now lets see big nodes try to change the rules on base layer

in LN you're penalized in bcash you profit

RSK will dumpster ETH. The next ICO bubble will take place on the Bitcoin blockchain.

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I get it alright.
You assume that the nodes will adhere to the standard, despite the fact that in order for the system to work the topology guarantees a small set of centralised nodes which process the vast majority of routes. This is transparently vulnerable to collusion between those central nodes, who can manipulate the supply between them as much as they like, as long as they don't overdo it and bring the system crashing down. And even if they --did-- overdo it and bring the system crashing down, a "Bank run" on the BTC bank with lightning looks like this; All the central bankers with all the bitcoin settle out their transactions first and liquidate because they can afford to settle on chain, and all the plebs stuck on lightning channels can't, and by the time they can, if they can, their money is worth shit.
The fucking --designer-- of Lightning acknowledged that this can happen. Look it up.

You just saw a big node in BCH try to change the rules. They failed miserably, and were heavily penalised for their efforts, and they can't even use them to implement the changes they wanted to by force anymore. LN though? fuck all you can do about it, your topology guarantees those nodes in the center will process the bulk of tx volume, end of story, suck their dick and deal with it or fuck off.

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Yep. 1 bitcoin = 1 million USD by 2040

Everything else is shit

that's not how it works
who tadge dryja? If it's him he's not even actively developing on bolt spec he's working on lit

Yes it is, you're wrong.

Rusty Russell.

I don't even know what side of bcash you're talking about but both of those forks of a fork are centralized as fuck

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Who the fuck cares if there will be tampering on layer 1, 2, 3 or 100. Of course there will be. Does anyone really think big banks and corporations will just let go, loose all their power and let us have an utopian society with our own decentralized money? Lol. Keep dreaming and stay poor. But the point is the underlying digital currency of all this will be bitcoin, not some fucking memecoin.

show me some proof faggot

No miners = no Bitcoin
Google "miners shut down"
BTC is literally unironically dead, I mean it's dying in slow motion since 20000 usd

Then you're too stupid to talk to. Bye faggot.

Absolutely useless pyramid scheme shitcoin.

If it does nothing and takes someone else paying more then you to make money then it's a pyramid scheme.

typical cashie makes up some bullshit and leaves
now go post your image on another thread pajeet

archive.li/wIoSK
archive.li/lY3Hs

>He doesn't know that the difficulty of mining will readjust since there are less people mining it, thus making it profitable again.

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Just because you're a 20k buyer and you weren't aware of this shit back years ago when everybody else was discussing it doesn't mean it's "made up".
You're just a fucking retard, kid.

In a Ponzi Scheme, the founders persuade investors that they’ll profit. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy.

A Ponzi scheme is a zero sum game. In a Ponzi scheme, early adopters can only profit at the expense of late adopters, and the late adopters always lose. Bitcoin can have a win-win outcome. Earlier adopters profit from the rise in value as Bitcoin becomes better understood and in turn demanded by the public at large. All adopters benefit from the usefulness of a reliable and widely-accepted decentralized peer-to-peer currency.[4]

It is also important to note that Satoshi Nakamoto, creator of bitcoin, has never spent a bitcoin (other than giving them away when they were worthless) which we can verify by checking the blockchain.

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> he doesn't know that hashpower leaving must not exceed a certain speed or BTC gets assfucked.

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i noticed the pic related. do you have a second to talk about the real bitcoin, bitcoin cash?

> Of course there will be.
Then there's NO FUCKING POINT fuckwit. It's just a shittier version of the present banking system. No value is protected, no advantage to the system whatsoever. And if that's the case, why fucking use it at all?
Only legitimate cryptocurrencies not vulnerable in that way are actually worth anything in this sense.

good one
you can't change bitcoin but your alt forks are garbage so keep crying
>he doesn't know bcash abused the EDA and mined 100k+ coins outside consensus while experiencing 8+ hours of downtime

Keep shilling your nonsense Roger's sockpuppet.

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> a change to the consensus rules had a negative externality, I will pretend this was 8 hours of downtime and "abuse", despite the fact my shit tier coin consensus layer almost split because somebody removed a check and had to be corrected by one of those "useless" bcash devs you so commonly harangue.
Neck yourself fuckhead.

Not an argument.

good one
but also conveniently forget a bitcoin dev saved bcash a month before that bug was found and they returned the favor
there were like what 6 or 7 of those 8 hour downtimes to halve the difficulty which resulted in an additional 100k+ coins being mined with halved difficulty
it was total bullshit and you know it

I get it you want bcash to be like paypal but that isn't what bitcoin is
it's much more than that

bitcoinschannel.com/bitcoin-cash-abcs-rolling-ten-block-checkpoints-update-could-be-catastrophic/

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They weren't downtimes fuckhead, blocks were still being processed, just not regularly, because of that EDA bug. Because miners mine what's most profitable.
Did your shitcoin chain have 24 hours of downtime on November 12 2017 when you lost 90% of your hashpower because BCH was more profitable? If not, shut the fuck up, you have no idea what you're talking about.

That's literally the only thing bitcoin is, because as acknowledged by even the fucking designer of the shit, it can be manipulated just like shit tier fiat currencies that paypal uses. BTC is an abject failure, much like you. You're a load that should've been swallowed.

How much does Roger pay to be his sockpuppet?

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> fearmongering analysis from core shitcoin media source that doesn't even take into account the difficulty penalties on deep re-org attempts which make their proposed scenario impossible.
Yeah nah get fucked you stupid cunt.

you don't get hope you don't have too much invested

> Projection.

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>Smelly BCH thinks it can conquer the Bitcoin
That's what the ETH thought in 2012
That's what the banks and the speculators thought in 2014
The various shills and money-changers throughout the decade since the beginning
The Governments of the world
and countless other fools

Bitcoin beat you all, and set us free. The only force that could bring Bitcoin to it's knees was it's own.

You think a brief dip from an ATH is the ultimate downfall?

Our code was forged in the better days of the net, tempered to be the archetype of money forevermore.

Bitcoin suffered drops, dips, crashes, flame wars and ruinous ideologies which sent us into darkness countless times.

and every time we felll, we found a way to rise again.

Do not mistake our cuts for mortal wounds or our slumber for a lifeless corpse, unless you want to make the same mistake that all other opportunistic hordes lost throughout the years have done.

So by all means continue with your heckling, continue with your defilement of our legacy, continue with your delusions of victory, the sooner you wake the sleeping giant the better.

It matters now what the price is when it happens, we have turned the tide against greater calamities before.

The entire web will once again feel the boom of it's greatest economic potential, perhaps this time in true unity, and perhaps this time to your lament, with less mercy.

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> not an argument the post.

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There's something hilariously ironic about an ignorant tool morphing a shitpost about the resilience of the white race into one about BTC, when in this very threat it's already a given proven accepted fact that the Jews own and have permanently subverted BTC.
It would be perfect poetic justice if the writer of this ends up dying for Israel. What better demonstration that a man is fit for nothing but slavery till the end of his days than to not only willingly submit to it in this way, but actually cheerlead it as if it were freedom?
Sad, but funny. The world is an amazing place.

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I like you

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unironically all-in.
fuck all your companies with no real world use.

>dat brand recognition
>beautiful logo
>beautiful sounding name
>AOL=internet for 99,9% of people
>scalable to unlimited broadband speeds once the network grows

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>LOOK MOM I POSTED IT AGAIN

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>adding arbitrary ass checkpoints
>not centralized
Your fucking shitcoin (both sides) is talking TIMBEEEEEEEEEEEEEEEEEEEEEEER right now

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Never gonna happen.

> arbitrary
> literally selected by proof of work
imagine this.

>centralize network in 3 "mining nodes"
>force software to do what USG wants
imagine this

That's BSV, not BCH.

Also, it's already well established that BTC must do what USG wants. If you read You'd know that.
But you're just a fuckhead, so I guess not.

Meanwhile in BCH

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It's not possible with Lightning. For each satoshi on the Lightning network, at least one satoshi on the Bitcoin network is tied up and unspendable. Some other hypothetical off-chain systems could allow for fractional reserve. A sidechain could be fractional-reserve in the sense that there are more "bitcoins" on the sidechain than can actually be transferred back to Bitcoin proper, though typically this will mean that the sidechain's security has somehow failed.

Argue with the designer of lightning. The centralised hub and spoke topology guarantees it. You're deluding yourself if you think this is "just an accident".

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ctrl+f xrp
NOTHING
ctrl+f ripple
NOTHING
this is just a btc vs bcash thread

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That is literally what your fucktarded friend Ver wants to do with its Verconomics.

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>Buying a centralized bankers coin thinking it's gonna outperform BTC.

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> risk of failure vs guarantee of failure
Yep, going with the guarantee there is definitely the correct path forward fuckhead. And one year later and it's no more centralised than it was when it started out. Less so, in fact, because all the parts of BCH that could legitimately be accused of tolerating centralisation to the extent that quote allows for have been self-exiled to BSV.

> still trying to believe BTC is not a centralised bankers coin.

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Even if it is manipulated right now, eventually it will not be. On the other hand, XRP has 60% of the tokens in the hands of the team and certain people they give it to.

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> ignore the fact that the market is clearly manipulated, even if we end up at 542:1 fake to real BTC as with Gold, just keep pouring your purchasing power into that asset.
> nothing could possibly go wrong with this plan
> everything will magically work itself out
> because reasons
fuck me. I'm so glad I'm out of that shitcoin. This market will never function correctly while people like you have significant power.

Thanks for the useful info, user

I'll research this and subscribe to the mailing list

gold and silver markets are manipulated, doesn't mean gold and silver are bad investments. When the recession hits, people are going to lose faith in the system and turn to BTC. There's a reason why Bitcoin was created in 2008.

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LMAO the only real world use of BTC is for depositing on gambling sites. BAT is the only crypto people actually use for services. OP is a faggot

Physical gold and silver are probably decent investments now for when the tampering comes unstuck. Paper versions of either are a waste of time with an obvious end when that happens.
There's no such distinction to be made with BTC. All versions are equally fucked because they all rely on layer zero transactions which are being artificially priced out of the market as part of the tampering.