You have ONE AND A HALF MONTHS remaining to accumulate ONE (1) WHOLE BITCOIN. If you do not have 1 BTC by June, you will never again be able to purchase at prices this low. You will have to explain to your children and grandchildren why you didn't have the foresight to buy digital gold before it became the one world currency.
If every person on earth -- 7.53 billion people -- were to have an equal portion of Bitcoin -- 21 million maximum in existence, minus approximately 4 million lost forever = 17 million -- each person would hold .00224 BTC. At today's prices, that comes to $9.18. Needless to say, the distribution will not be equal.
YOU MUST HAVE 1 BITCOIN BEFORE THE BULL RUN. This is the last chance for the average person to own a whole Bitcoin. Even after the next crash, the price will likely hover around $10k-$30k, forever locking out anyone without considerable spare capital. This is a nightmare scenario for any Millennial or Zoomer. For the last ten years, you've missed out on Bitcoin's exponential rise. This is your last chance before you miss out forever. Most generations only get one or two opportunities to become rich easily. This is our chance to dab on Boomers in perpetuity. But we must seize it.
>da internet will never be able to carry the load of billions of images >muh internet will never be able to stream video, it just won't scale >b-but the internet will never be able to stream 4k HD video, these streaming services are killing it, it will collapse
Bitcoiners want us to onboard into custodial banking 2.0 so they can be rich. Meanwhile all i want is a goddamn revolution.
Asher Gomez
Nothing wrong with being rich.
Josiah Morris
Im not saying BTC isnt going to pump. It certainly is, but its never going to be the one world currency at this point. DAG and Holochain have made blockchain completely obsolete. They require way less electricity to operate and can process many thousands of times more transactions per second.
Hudson Rogers
This is a fight for the future of sovereignty and the small block small cock fucktards want to give that up so their investors are happy. Fuck what BTC has become. Here since 2011 and I want to shit on Core's grave.
People who support DAGs don't understand how blockchain works or why its important.
Tyler Green
Its not even about if BTC CAN scale, its that there are platforms other than blockchain that already do. FFS did you not research this crypto thing at all?
Dylan Butler
“Muh electricity” is not an argument.
Jordan Collins
People who support blockchain dont understand DAGs or why they are better in literally every aspect over blockchain.
Ian Gray
How is it not? If you can do the exact same thing as blockchain for half the price at 10000x the speed, why would you bother with blockchain?
Ryder Myers
Excuse me, i didnt know holochain was live yet. Wait a minute. It fucking isnt. Holoports arent in full commando and hot is still erc20 cash. Dag is in theory scalable. Digital gold means you hodl til inflation of traditional currency goes ape shit. Then you convert a little btc to usd.
Jaxson Stewart
I agree with you are saying 100% OP. But that chart is misleading— each unit on the right side (in usd) goes up in random values that aren’t equal to one another .
Nicholas Gonzalez
I never said BTC wouldnt be valuable. The first sentence in my post said the exact opposite. What I am saying is it will never be the “one world currency” OP claims it will.
Levi Russell
Lightning network friendos. Listen, the network effect means Bitcoin has already won over Bcash. I'm sorry things haven't developed in a manner strictly adhering to your ideals, but it's a done deal. You either get on-board or the train crushes you further down the track.
Me? I'm not a tech guy. I'm here to make money. You can call me all the names you'd like, but the big boys are moving into Bitcoin, and it's how we're all going to become filthy rich. If you'd prefer to stick with philosophy over returns, I don't look down on you for it.
DAGs sacrifice decentralization, mathematical proofs (of work) ie mathematical trust and stability for speed. There is nothing revolutionary about them other than they might make contemporary banking more efficient.
Besides holochain and dag are scalable dapplatforms not digital gold. Theyre perfect for hosting the new internet not money. Bitcoin is good, hard money. Gold and silver is physical money that is always a good buy. If China bans mining, expect the bottom around $1k per btc.
Gabriel Turner
I have an exercise for you. Re-read satoshi's original whitepaper. Then re-read the lightning network whitepaper. Then tell me if they are anywhere the same caliber of thought.
Ayden Powell
Ok buddy. More money for me.
Angel Myers
>the network effect means Bitcoin has already won over Bcash
haha omfg. If that's your argument, then its you that has lost.
Bitcoin has to go through an entirely new adoption phase with LN and LN is unstable, loses people money, requires you to be online to receive money, becomes a centralized hub and spoke where all channels go to high liquidity sources (banks), there are many hops opening it up to Sybils, its not at all easy to use, the list goes fucking on and on....
LN is unironically a worse shitcoin than xrp. Take a look at those stats in the link I posted. LN only has 5 million liquidity for the entire fucking network. Its got a lower cap than almost all shitcoins.
do you really believe the bear run has ended when there are so many hopeful speculations going on here?
wait for it wwaaaaait for it RED DICK OF DENIAL
Grayson Bell
I agree bitcoin most likely will be like physical gold but globally transferrable. Nothing more. The higher the price without increasing the blocksize means high tx fees. Bch or cregs bsv is better choice for digi cash.
Camden Evans
I have 4 whole bitcorns.
Nathan Wood
Again, that's awesome and great and I'm sure you're right that there are major problems with Lightning. But as a speculative investor, what am I meant to believe? That Bitcoin, with all its momentum and with its burgeoning network, with the largest pool of developers from which to draw, is going to be overtaken by Bcash in marketcap any time soon? I mean what's the proposition here? How the hell is this going to fail when you have Wall Street moving in, with retail close behind once an ETF gets approved? When Fidelity is launching a crypto custody service?
Even if fees are high, it still works fine as digital gold. It doesn't need to become a world currency to reach insane levels of valuation.
Mason Rogers
Lighting network is shit but it also isnt required to utilize bitcorn. It's just some gay side project.
Samuel Stewart
No im holding holochain too fren. Art and eric are underground legends. Feetcoin ftw!
Nolan Jones
btc does not refuse to scale but some of the devs take spam as a personal insult for some reason and hashpay was suposed to get rid of spam it is their instinct if there is a lot of spam the transactions are too cheap
Chase Gutierrez
I also have an exercise for you: Study comp sci and math for 6+ yrs , then rethink your decision
Easton Butler
>7 transactions per second >global digital currency AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAH
Chase Howard
likely to repeat now
Ayden Bennett
>not just buying 10 ETH and then dumping when it inevitably hits 0.1BTC a pop then
Aiden Rogers
Its btc's scaling solution. Its absolutely required to utilize bitcoin. If you think things are bad now, you weren't here during ATH. ATH was just a taste of how bad things would be if bitcoin gained actual adoption and a higher price. Talking fees in the 100s if not 1000s and wait times of weeks.
Its using the network. They're refusing to scale because they want something like LN where the powers that be can stay in control. Thank fucking god LN is a Frankenstein solution that doesn't work and nobody wants. btc will fail, just a matter of time.
Oliver Stewart
its also uncofiskateable without borders or juristictions
Bentley Sanders
BTC doesn’t need to scale yet; it’s more important that the tech is right than the cavernous blocks are empty. And given BTC has 30x the value of the nearest big block shitcoin, I’d say they’re on the right track
Angel White
no lightning is not btc scaling solution its trusstless instant micropayments and retail solution not completely permissionless tho like the base layer
Liam Williams
>btc will fail, just a matter of time. this has been said a million times abd btc just keeps on getting stronger
Joseph James
It's not required to use bitcoin. Bitcoin functions without lightning network. You not liking how it functions does not mean it doesn't function.
Isaac Young
the problem is right now routing is shit ln performs as intended at the individual channel level and its really a network issue partly meaning it had to find a useful shape and size and maybe it needs a 3rd layer if the routing persists to be problematic.
Liam Gutierrez
Maybe it was meant to be like this, and it was supposed to be cost prohibitive in order to reduce network spam?
Carson Wood
Are you fucking stupid? Bitcoin works without lightning. Lightning is built on top of bitcoin as a layer. Its not bitcoin. Bitcoin is bitcoin. It needs miners to confirm transactions that get mined from each block. Lightning network is being forced out as the main layer to scale visa size tx's per second. Its offchain. When alice sends to bob she can go through charlie if he has the same amount of what is being sent to bob. They all have to host a lightning node. Any of them can close the channel when the btc is sent. Good layer but still centralized trusted setup.
Julian Sanchez
You actually think the powers that be will allow bitcoin to flourish. You simpletons have so much to learn about the L33T.
William Garcia
no ln definitely underperforms right now but its in its infancy give it time! the betwork will adapt but if we gonna loke what it evolves to or not is a different question.
Jordan Cox
>BTC doesn’t need to scale yet; tf you talking about? How am I suppose to take this shit seriously?
I know what LN is you stupid fucks. Its absolutely required for anyone who lacks the ability to pay outrageous fees or wait a week for their transactions to clear. >inb4 it only cost $3 now and you only have to wait 1-3 blocks Its like you people have no foresight at all.
Oh btw PSA:
Everyone donate to the Cashshuffle team. They implemented privacy into BCH wallets so now you don't have to go to a 3rd party to mix your coins and pay for their service. Instead you can just click Cashshuffle in your wallet and your coins will mix like you were using a 3rd party tumbler service without the 3rd party and fees. Pretty great stuff. Been using it all night and experimenting. Also because BCH fees are so fucking low I can just move funs and play around with these features willy nilly.
Hi Newfag. Look at the chart, I know you probably bought the top and haven't moved your coins from Coinbase, but for the rest of us who use the tech this shit is actually important.
Also: >Its like you people have no foresight at all. Seriously, just fucking try and think this stuff through.
Thomas Bailey
Cold storage w/ input consolidation is your fren
Nathan Perry
Of you have gone of money you won’t give a shit about the revolution.
Noah Thompson
you think that's outrageous? have you ever tried to pay with wire? last time i did it it cost me $10 for just to initiate a transfer and there was also a % fee on the sum. i felt anally raped even tho i made a bank on avoiding vat.
Isaac Nelson
this was an interstate sepa transfer i think or swift don't remember.
William Jenkins
SMALL BLOCKS MEAN YOU CAN MINE BTC YOURSELF WITHOUT NEEDING AN INVESTMENT IN POWERFUL HARDWARE
God you people are fucking helpless. You are advocating against your own rights.
Should've got a CS degree so your brain would actually function
Liam Bennett
i just hope you are trolling but this place is so infested with retards one can never be sure.
Angel Collins
>How am I suppose Ah, you want spoon-feeding; BTC's not for you: have a look at BCH or BSV
This guy thinking that every fucking 20 cent bubblegum purchase he's making should be stored on a database on 50k+ computers for eternity.
If you calculate the hard disk space and the amount of energy needed to propagate your nigger purchase to 50k pc's and store it forever it costs more than what you've spent.
Jeremiah Baker
it is called blockchain pruning but of course BTC is so far behind everything you are so fucking dumb
Christopher Jackson
It's going down to 2k, then the BULL RUN will start.
Eli Moore
>blockchain pruning Pruning the chain so that you can use a fucking phone wallet has nothing to do with this. When I'm talking about 50k ppl I'm talking about full nodes. Someone still needs to store the full version of the chain for someone else to enable pruning, incel.
no it does not you take a snapshot of the state and hash it that is it if the hash is valid it is ok and it can be forgotten bu we still will have volunteers that will have the complete history
Daniel Thomas
All btc node operators are volunteers, wtf are you saying? If you can't validate the blockchain then its not good at all. Only idiots are OK with "trust me, this address has this much btc, I promise it's pruned correctly"
Jacob Rogers
there is no trust involved snapshot has > hash it > agree that is the correct hash move the fuck on have 100 000 confirmations
Do I download the entire blockchain or no? If I don't and I just get a pruned version, then how do I know it is correct because all transaction history is gone except for the addresses that hold a balance.
BTW hashing doesn't prove authenticity. It just says it hasn't been changed. I can add a transaction and say I own 100 btc and I hash it. It doesn't mean I suddenly have 100 btc.
How can you acknowledge that you need nodes that have the full blockchain, something that is essential to the network, then say yeah it needs to store my 20 cent transactions on chain forever but at the same time I don't want to pay any fees. That can only happen off chain, which is what lightening is for.
Kayden Jones
you get the most recent snapshot that snapshot's hash is rehashed with every block than means you have to have malicious block produces ever since it occurred currently the block caries the hash of the previous block we just add a snapshot to be carried snapshots will be produced and verified by whatever means to ensure they are true it will require lots of blocks and validators it is done once an year or so
you just need to keep that of who owns what, that is easy you don't really need to know the translation history
Jason Gomez
>that snapshot's hash is rehashed with every block >than means you have to have malicious block produces ever since it occurred,
And what prevents a faggot sitting at an isp streaming false blocks to you? Mr, fag?
Brandon Martin
WARNING.
You have ONE AND A HALF MONTHS remaining to sell your BITCOIN. If you do not sell your BTC by June, you will never again be able to sell at prices this high. You will have to explain to your children and grandchildren they're poor because you didn't have the foresight to sell digital meme money before it became completely worthless.
Connor Cook
peers if you don't have peers what prevents you from being fed false history now cuck
Leo Gray
Are you an idiot or smth the isp got you by the balls he also simulates peers nigga
Charles Reyes
sell signal. see you at the 3k re-test, where you'll panic sell, and i get out again at 4.5K before the drop to $2,250
Colton Bell
you can get the hash of the snapshot use smoke signals or a QR code and compare it to a snapshot in a library or tattooed one on a BTC maniac
