Serious question, why does everyone here seem to hate Bitcoin and hope for it's failure?

because only 20 autists left in this board. Rest of it baghodling or bottom selling salty normies from december 2017.

So they can buy more

a) missed out and can't deal with this fact
b) BTC gave up on the idea of scaling completely.
large fees are WANTED because they bring in hashrate and lighting network is garbage.
the only function it currently has is as a store of value, which means buying it now will not make any poor NEETs rich and simultaneously nothing will replace it (because of the large fees that small blocks bring)

It's up $4000 this month though.

But this board only cares about its price. 99% here don't even know what linkies can do.

If your on /biz and arent a Bitcoin bagholder you should kys. theres actually no amount of /biz advice that can save you. have fun fuking fat chicks.

look at this dumb son of a bitch

because theyre mostly dumb zoomers who want their shitcoins to take over

which is retarded because 90% of all computations done for mining coins went into bitcoin

The truth is the people doing that all hold bitcoin, but they also want 1000% tomorrow, which bitcoin can’t give them.

So they all shill shitcoins, the only way shitcoins are viable is if noobs believe bitcoin sucks.

So basically a bunch of oldfag trolls are trying to get noobs to part with their bitcoins.

because most people here dont have much BTC. they are waiting for a "dip" they dont have the balls nor money to catch, or worse, are holding shitcoins instead.

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well said sir

checked

i love btc,and so does kek

i sent some last night for $1.50 and it took 10min

the average person here is very poor and owns zero bitcoin.

ur not from these parts

Have you ever used BTC? It's fucking stone age dude it takes forever & isn't cheap

bitcoin is practically a failure.
zero adoption, only pump and dumps

bitcoin sucks

You have to be retarded. Go fucking back to whatever faggot's hole gave birth do you

Very simple, Bitcoin has fundamentals on its side and therefore BTC holders can just wait for reality to assert itself, no need to spend your limited time arguing with retards and shills.

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if you are against bitcoin you should just kill yourself

Bears hate it because they're bears and if it rises that makes their thesis wrong.
The anti-Bitcoin pro-AltCoin people are scammers involved in the altcoin industry who want people to stop spending money on bitcoin and start spending it on whatever garbage they're putting out that has never been and will never be used in any actual exchanges for goods or services.

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Checked and truthpilled

Because they're all salty that they didn't get in at like $10.

Because Core. Btc is no longer Bitcoin.

Reminder that nobody outside this cesspool of pajeet shills and teenage neets gives a fuck about shitcoins and scamforks.

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Its just jelly Anons (Mainly Zoomers) that claim others got 'lucky'.
BTC is the cryptp reserve currency, Get some!
Let me give the the best advice you can get! ANY coin that is not PoW is a scam!

no u

because it's shit. LN is a failure. you still have to fund LN channels with an on chain tx wich means on chain tx fees. same when cashing out of LN another on chain tx and fee. LN is not only broken it's an outright lie. there is only one way to avoid high fees and that is with bigger blocks. segwit helps to some extent but it can only do so much. the blocks must be bigger to have lower fees.

Because we remember the times when it was a cryptoCURRENCY and not a ponzi.
In order to succeed crypto needs to consolidate into 1 cryptocurrency. Maybe 3 tops (if they have different value propositions).
Corekeks hope that the consolidation will happen around this current crippled version of BTC which is literally the most useless shitcoin in the cmc top 100. We hate corekeks more than we hate BTC.

>ANY coin that is not the #1 PoW coin is a scam!

fixed that for you

Thank you user!

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And still both btc and bch will survive.

The irony is that any better coin than btc has less fees and thus less hashrate and thus more exposed to 51% attacks.

Core is not retarded in not forking to improve they would have opened the pandoras box just like craig attacking bch.

LN is a meme to justify not forking that said not improving btc is the right choice.
A fork of the first and true crypto would be terrible just like bch vs bsv but on steroids.

It's still a cryptoCURRENCY , just that the dream of buying cofee with it is dead.
But it's being used to send money internationally every day.

I hold 90% btc, 10% bch and I've worked for various crypto companies. Bought btc at $130.

**Immutability & Security**
>These two are very closely related, a immutable transaction is only immutable if the security is also top notch. At the moment there is no stronger network than the strongest proof of work chain, it can't be taken down by even governments if they wanted to. Proof of stake isn't solved yet, delegated proof of stake is centralised.

**Fair distribution**
>Bitcoin had the most fair distribution of any project out there. Everyone had a fair shot of increasing their bitcoin stack for years. Satoshi still has 1 million coins but after 10 years it's fair to say he will not use them, even if he did it's less than 5% of the supply.

**Deflationary asset & scarcity**
>These two terms also pair together. This asset will decrease in inflation if time increases, after a few halvings most of the coins will have been mined. If you wanted to mine more right now, you can't. Mining difficulty is maybe the greatest invention of satoshi. If people wanted more gold, you can get more gold if you invested more resources. Deflationary assets also make for a great savings account, as none can be printed. (further reading by on scarcity amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861)

**Decentralisation**
>Bitcoin is the most decentralised of any project, there is no leader. People can claim blockstream is leading, but there less than a handful of devs from blockstream developing for bitcoin. That means it's politically decentralised.

>Bitcoin is architectural and logically decentralised, if 90% of the nodes die it will still work. The blocksize debate is often mentioned if you talk about decentralisation, the ability for anyone to join to mine right now and in the future is important. (further reading from vitalik medium.com/@VitalikButerin/the-meaning-of-decentralization-a0c92b76a274)

he's right though and btc is dead
nobody is incentivised to send tx when they are high, people will keep coins on exchange so they don't need to move them
and with enough halvings mining won't be profitable
it's doomed without scaling block size and more focus on high number of tx
Amazon they are giants because they focus on many small sales
bsv will be amazon

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The fees miners collect on btc are peanuts compared to what they could be getting. The halving is going to really fuck things up for them.

I don't understand why you hold 10% in bcash. Also do you rebalance to 10% as it loses value relative to BTC?

List of bcash vulnerabilities of the top of my head:

- something like 5% hashrate of compared to BTC means 51% attack is imminent any time a BTC pool operator feels like fucking with the retard network (let alone nation state attacker)
- lack of transaction fees means perpetual inflation will have to be forked in to incentivize anyone to mine, say goodbye to 21M cap
- if somebody wants to censor the network by mining empty blocks (like a nation state attacker), there are no fees on top of coinbase to incentivize 'honest' miners to compete with the attacker by including transactions in the blocks

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I dont, I've got half a bitcoin and not selling for under 100k.

All other coins are designed to scam people out of BTC. nakamotoinstitute.org/mempool/everyones-a-scammer/

>- something like 5% hashrate of compared to BTC means 51% attack is imminent any time a BTC pool operator feels like fucking with the retard network (let alone nation state attacker)

No, it's close to 5% now. It's just a hedge against bch gaining popularity to btc. You never know what will happen, but I do know some form of bitcoin will stay.

The key words are "what they could" you are assuming that if btc had a 10x capacity btc would be more worthy and thus they would get more.

But the game theory goes against that , if btc is forked the price would go to hell and miners would once again earn 1sat per tx.

They would not risk that as such any fork of btc will end up being less worthy of the cucked version.

BCH is playing long term and maybe will become more worthy , but libra may steal it's market.

It was hijacked.

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This. I can't believe some dumb motherfuckers here still don't realize the importance of bitcoin as a mainstay. Everyone here should own 1 btc before getting into alts (other than LINK, you should own LINK whenever you can). BTC is literally the only completely safe bet in crypto.

I would not say that LTC is based and redpilled and bch is trying.

But yea bitcoin is the reserve currency of the crypto world due to this.

What many consider btc vulnerabilities such as high fees due to small blocks are in reality it's greatest strenght.

LN propaganda is used to keep the brainlets from trying to fork.

Because biz is full of incel söyboys that loves bathing in his own shit.

Low IQ(0-115) people hate BTC and go all in on shitcoins thinking they will get rich quick, 115-130 IQ midwits think bitcoin is important but fall for scams like BSV or BCH and think bitcoin is imperfect and can be improved upon, 130-145 anons realize BTC underpins the entire cryptosphere and usually hold 50% BTC as a solid base and dabble in shitcoins hoping to get rich quick. 145-160 IQ realize BTC is the future monetary system and are usually bitcoin maximalists, 160+ IQ anons realize bitcoin is a gift from god handed down to mankind through 250+ IQ satoshi nakamoto and is designed perfectly, they are usually radical bitcoin maximalists

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Is that actually supposed to be a good thing..?

This

Without btc and it's pow game theory the cryptomarket of shitcoins would be worth 0.

They exist because they steal energy to bitcoin not the other way around.

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Daily reminder that BTC is slow and outdated tech
It will soon go to 0 and the alts with upgraded tech will moon

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cause they want it cheaper

I always go for the mr house ending.

Choose 2

The elite choose security and decentralization

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It's just shills. After a while you just learn to ignore them.

Woke , also mr house is the perfect green wojack as the house always wins and so do bitcoin.

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Hi brainlet btc is slow and outdated tech with high transaction fees to wait $5 paying 2 hours before arriving on coinbase
Other coins are faster and cheaper

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The elite do not care about "scalability" because the plebs are not intended to be on chain, it will be a small club so it does not need to scale much. The goyim will be slowly kicked off chain through high fees, slow transactions, and falling victim to the altcoin/over trading scam. The plebs will be given an ersatz bitcoin to use(segwit + lightning network)

It's an asset now, not money. I'm sure you pay for your mcdonalds with stock too. Fuck off.

COPE

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Change your goal to at least 1 million or you're going to off yourself.

He actually think btc is like a stock the absolute state of btc maxis
News flash read the satoshi paper he says digital cash to buy coffee you damn new fags
Btc is toast it is going to 0 soon so newer tech can moon

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Because they missed the bull run and want to buy low

this looks like playing out

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Closed systems suffer increasing levels of entropy and die.

Satoshi was 250+ IQ genious , he realized that the increasing level of entropy in bitcoin was going to be the massive blockchain causing centralization and the death of the system.

So he put the 1mb limit without consulting any brainlet before disappearing.

>Btc is toast it is going to 0 soon so newer tech can moon

No

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It does not matter how good the new tech is, there will be no fair distribution. Bitcoin had 10 years, everyone had a fair shot. No fucking team with 50% tokens to dump on your faggot ass.

Woke , yes , this is why forks of btc have a high price relative to shitcoins.

lurk moar

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You people are so clueless. There's literally no problem with forking in upgrades. I'm glad that's the general Corecuck mentality though, so they'll be btfo in due time.

Remember: alts wouldn't have ever been relevant had Blockstream not forked the protocol into a frankencoin and scaled. BTC would already be over 100k.

pyramid schene

It popped already, the last bullrun was way to quick, and we are going way lower then 2018.
Look at the daily, and compare to the monthly of 2017 :)

I am grateful to bitcoin everyday. Hating bitcoin is like hating the sun and the rain.

>you are assuming that if btc had a 10x capacity btc would be more worthy and thus they would get more.

No I'm assuming there would be more transaction volume.

because this bullrun has finished. I'm out. I'll change my tune when we're back down to 5000.

mempool cleared last night 1 sat/byte transactions in the next block
yet idiots like you probably pay 2000 sat/byte and blame blockstream or something lol

>Muh Blockstream

Elites chose systems they can control. LN is just banking 2.0.

>on chain tx wich means on chain tx fees. same when cashing out of LN another on chain tx and fee
loop in loop out is completed meaning that there is only 1 interaction with the mainchain
also bitcoin can slosh around in a channel indefinitely so interacting with the mainchain is rare

>stock
Yeah man. Just like how gold is a stock.

I only buy shitcoins to get more bitcoin fromt he profit

The cap was put in to stop spam before btc had any economic value, brainlet. Satoshi said Bitcoin never his a scale ceiling and could outperform Visa for cheaper in 09'. Where do you idiots come from? Seriously go and try to spam bsv.

and the community decided we don't want banks being the only nodes so we kept the blocksize limit

another thing I've heard is satoj didn't know the proper inflation amount of he just halved it until it goes to near 0
will that work? the bitcoin community thinks so, we will find out in 20 years or whatever if transaction fees can supplement security with more halvings

>mfw the god protocol enables all 3

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>and the community decided we don't want banks being the only nodes
Dude, what the hell do you think LN does?

Fees provide plenty of coin if you just fucking scale.

>id
>KEk

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

THIS IS A SIMULATION
LINK $1000 EOY

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It's happening

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kek wills it posting in eppic bread.

based

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