Bitcoin Cash is the original Bitcoin is a trap to keep Bitcoin below below $9000

It makes sense for the fat kid to be Bitcoin because thats the big daddy king of crypto. The little skinny kid is bcash thats poking the bear and gets what he deserves (in this case bcash being $0 EOY).

It is going to be enjoyable when Roger and Jihan ditch BCash for another Bitcoin fork

nah Big Boi is Bitcoin Cash with dem big ass blox

we're bigblocks faggot

In the short term, the market is a voting machine.
But in the long term, the market is a weighing machine.
You can only suppress the truth for so long.

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>5x

SERIOUSLY THOUGH WHY BY AN ALT COIN FOR A 5X RETURN WHEN YOU COULD BUY A FUCKING 2 CENT COIN FOR A 200X RETURN

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shhh let cashies think they are winning

Just fucking buy ever god damn alt coin on the 2nd and third page

Put a fuck ton of sell orders at higher prices walk away

get a shit load of btc

win the game

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How is the lightning ICO coming along? 152 billions is a bit excessive for a technology that is still in proof on concept, don't you think?

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"Bitcoin" isn't an entity that can make choices. Blockstream made a choice to cripple BTC with 1MB blocks, and a bunch of other people got together and made a choice to save Bitcoin by creating BCH.

What fucking Lightning ICO?

The one you bought into when you bought BTC. Better hope it works out.

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My body is ready.

>Bitcoin will be 100k
With $250 transaction fees and 2 week lead times.

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somebody with deep pockets need to spam the mempool then.

last years fud is old

By that logic Nano will be king because 0 fees and 0 wait time

You realize that Bitcoin is more than the development team right? We have a clear consensus on who's winning because that's how consensus based systems work - BTC has all the hash power, the users and the programmers. BCash is an altcoin, grow up.

>We have a clear consensus on who's winning

Holy shit you corecucks are really losing it.

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DAGs will never be anything more than a trap for retards.

what exactly was wrong with what he said? are you basing it off feelings, or facts

satoshi himself put that 1mb block, and it takes a hard fork to change it.
also why are you faggots so afraid of blockstream and pretend bitmain is somehow your benevolent buddy...
fucking retarded.

1mb was always suppose to be temporary and hardforks aren't anything to worry about. Core use to HF all the fucking time until Blockstream halted ALL development.

Did Adam Back's correct the record campaign end? WE NEED SOME EDUCATORS IN THIS SPACE TO PREVENT THIS SCAM BCASH FROM WINNING

Segwit adoption, batching, and LN will keep fees lower, but yes, the plan is for on chain fees to increase and for the blockchain to become a settlement layer. That was always the plan, you were misled by that histrionic faggot Roger Ver and others who had the wrong idea about what Bitcoin will become. It will still be a currency, but the blockchain cannot scale without losing its decentralized properties. LN is a decent way to get smaller value transactions, with slightly increased trust, while not compromising the base layer.

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the fact is he did it for a reason.
do you even know the reason?
>Blockstream halted ALL development.
YOU yourself could write a bip to increase the block size.
why the fuck do you faggots think fucking blockstream can stop ANYTHING other than their influence???
Its Bitmain and his ass buddies who will stand in the way of ANY hard fork.

>hal is satoshi
>When they disagreed almost entirely on what bitcoin should be

coretards might as well go back to lebbit

Yet your coin only exists because Ver created an outrage subreddit after he got muted by mods on Jow Forumsbitcoin. The irony.

You were sold a vision of Bitcoin that was invented by companies like Satoshi Dice and Bitpay. You fell for a marketing campaign.

medium.com/@rusty_lightning/the-three-economic-eras-of-bitcoin-d43bf0cf058a

Nick szabo supported 1mb blocks and second later solutions. Growing pains now but better in the long haul. Also fuck both bitcoins go 50/50 Monero Eth and fuck off.

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There's nothing wrong with second layers, but they are to be at user discretion. LN forces everyone onto a second layer in which they will never interact with the blockchain and only those well connected with massive capital (banks) will.

(you)

layer 2 is for spending
layer 1 is for settlement

don't know how people are not getting this

Monkey who doesn't know how LN works.

It doesn't "force" you onto a second layer, but highly incentivizes it by having much lower transactions costs and instant transaction times.

You are still completely free to blow you money doing P2PKH or P2SKH transactions for every little payment you make.

>just like my Visa card!

Nah, keep your shitty bank layer. I'll stick with peer to peer electronic cash.

Second layers are by definition opt in. You are literally retarded.

>this whole post
>it doesn't """force""" you, but you'll be homeless otherwise

More idiots who think everyone is a millionaire and can wait weeks for settlement.

sorry brochacho but I don't give a fuck if every single coffee purchase in the world is recorded on a global public ledger.

And I thought Roger Ver was a based ancap... tsk tsk.

Yeah it doesn't force you but who wants to go through $50 fees again? Especially when the devs consider it a success.

First time bcash has ever gone up, of course cashies going to celebrate. Too bad they are falling for an obvious PnD.

Not an argument.

Ancaps strive for efficiency, so you're wrong.

Have you ever written a line of code in your life? Srs question.

Adam Back and Nick Szabo were ancaps before Roger Ver was even born you larper.

Not an argument, corecucks.

Muh banks also isn't an argument. If you want efficiency stay away from anything decentralized.

*pats head*

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You aren't forced to take a bus or train anywhere either, you can walk it.

Just curious if you have any possible clue what you're talking about. Would you ask Roger Ver to build a building? Why would you ask him how to scale a blockchain? BCashers are literally autistic.

>he thinks centralized money systems like the Fed are efficient

github.com/adam3us?tab=overview&from=2018-04-01&to=2018-04-23
kek and hes the ceo of blockstream. what a contributor

Name a CEO that writes code. You are seriously a fucking NEET.

>Have you ever written a line of code in your life? Srs question.
you realize most people that have crypto never wrote a line of a code in their life? are you trying to repulse people from buying? serious question
Have you ever ran a corporation and written an s1 to sell shares? serious question

your way of thinking is that you are high and mighty is a bit retarded desu

no youre right, he gets orders from big daddy axa and tells his minions to do the rest. hes a cypherpunk! 80 million in funding?

Lord Gaben

No, but MasterCard and Visa are better at shifting around numbers than the blockchain.

All I'm saying is if you don't know what you're talking about (scaling software) then stay in your fucking lane.

To make a lightning payment, you need to operate your own node with someone.
If you think everyone will operate your own node, you are retarded.

Not realizing that person you're citing as a non-contributor was one of the major pioneers of technology that made PoW based cryptocurrencies possible.

Are you mentally challenged

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To make a BCash payment, you need to run a BCash node.
If you think everyone will operate your own node, you are retarded.
Just like everyone who uses email runs their own email client and doesn't just log into gmail or hotmail?

>send bch transaction
>shows up almost instantly and is settled in 10mins
>use Visa
>is settled about every week

Glad you're staying on Cores chain. You're unworthy.

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I'm sure the bank will happily run one for you!

>can't convince someone my coin isn't worth $0
>they unworthy

It doesn't take a fucking genius to figure out that limiting on chain throughput to 14kbps is an idiotic move, and if you can't figure out why they're doing that with the AXA investment behind them and the fact that it's in their fucking business model to charge tolls on toll booths for Bitcoin transactions, you should unironically fucking neck yourself rather than acting high and mighty about plebs not being able to have an opinion, and I say that as someone that has been coding for over twenty years and was a sysadmin for ten more before that.
Fucking elitists that don't know their assholes from their elbows really piss me off.

Hehe, I actually just don't think you deserve to be a part of crypto.

this is dumb as fuck though because centralization has nothing to do with block size. centralization is a function of economic reward. the more the network is worth the more centralized it becomes due to the resultant increase in hash power. Pools become a necessary evil in order to reduce variance on block rewards. solo miners will have the same ev/hash but since there are so many hash/sec it may take them 100s of years to achieve a 50% expectation of mining a block. Especially with ASIC technology which promotes large scale mining operations that grow as the network grows. Centralization has nothing to do with block size; larger blocks just mean miners have to divert some of their money from hashing machines into bandwith and memory.

BCH and BTC are equally centralized; they are both dominated by the exact same mining groups who switch between the two coins with the exact same machines maintaining price equilibrium (hash is spread between the 2 coins such that $ earned per hash is the same between the 2 coins).

this is also why it is kind of dumb to say hash power shows which coin is favored. again hash power is purely a function of the price of the coin. If BTC and BCH were both 5k then they would both be pulling in the exact same hash power. It is the market which dictates where the Hash power goes.

No, bcash can relay to a node, how do you make a payment in lightning? You have to open a channel. How do you open a channel? You need a full node to open it.

1MB blocks are easier for the jews to control because they will use (((fractional reserve banking))) monies to buy space on the blockchain. Large blocks are for people sick of being fucked with and want to control their own money.

Too bad, I work at a major exchange.

this whole thread is the reason why i have doubts about crypto market, you guys are all fucking losers that think majority of society cares about certain technology. They just want a currency they can use. You should all kys.

Sage

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>you need to operate your own node with someone

Wrong. You could make use of LN by trusting someone with a node. Now that idea may understandably disturb you. I have an even more disturbing thought: What if running a node was so cost prohibitive that only datacenters or hobbyists could afford them? Then to even make a normal on-chain transaction would require trusting someone, or adding trust into the equation. That's an even worse scenario... Wow, and here we are.

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not to mention KYC requirements to run a node

>works at an exchange
>in favor of hubs that require being well connected and massive capital

Yeah, probably.

>finally solve the Byzantine generals problem after 2000 years of being bank slaves
>u guize dum, why haven't you agreed on the best implemention in 9 years

Jihan's dream is that only miners can run nodes, that way the Chinese gov can decided what happens.

It's the banks that take a week to settle. Visa does its job at PoS. Visa also doesn't require to energy of a small country doing the digital equivalent of digging digital holes to keep their network secure.

You don't get it. The exchanges want big blocks.

>limiting cryptos capabilities to Visa tier use cases

Never going to make it.

you guys repulse normies away with your geek talk you retarded loser. If normies aren't buying in then it's done for. Think about it retard

Sage

Yep

>China constantly up the asses of crypto exchanges
>bans crypto-trading
>somehow ignores giant Bitmain mining facilities

Okay Jihan, sure...

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You utter fucking moron. That would instantly invalidate the majority of value in his business. He is intelligent enough to know that it is in his interests that mining is distributed around the globe, and it is the necessary long term nash equilibrium for the situation at any rate. As soon as the Chinese, or any national government, actually manages to effectively tamper with a blockchain by engaging in miner capture, everyone that values immunity to said tampering will simply migrate away and those miners will no longer be trusted or useful, it's exactly the kind of thing that would provoke an POW change.

>works at exchange
>admits he wants LN
>gets btfo by the actual incentives exchanges have for LN
>a-actually exchanges w-want b-big blocks

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>Chinese
>Owns Business
wew lad, gonna have to sit you down

Yeah, Chinese are really unfamiliar with capitalism and owning shit, I guess you've never visited Vancouver or Sydney and seen what they do when they get fat stacks of cash. Exactly what the fuck everyone else in the world does. They're communists in name and convenience only.

only mining nodes matter. even if non mining nodes saw transactions they don't agree with, they are powerless to do anything about it. Non mining nodes have zero affect on ledger entries

keep digging deeper

you must think China is a government too

BCH exists because BTC failed the load test. The game is adapt, or die.