Jihan Wew

Jihan just admitted publicly they are only going to support the core chain short term as profitability dictates. Which in turn means as soon as it doesn't, the core chain is dead.
Coretards are trying to cope with saying they're going to replace the terawatts of hashing power invested industrially in the chain with their shitty gpu's that they mostly use to jack it to hentai.
Everyone who actually understands what's going on is rolling their eyes.

>Fuck your Mother, if you want fuck!

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Is there video of this? If not, probably fake. If so, was it sarcasm? Why would they abandon the thing their company was founded on and made them all rich?

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Do I sell? Do I buy? What are you even shilling me here? When 1K link?

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Kek all in link unironically

kek

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What was meant by this?

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LMAO what else he gona say on stage?
>Nah bcash is shit we pump and dump you

Literally the most legendary tweet in all of crypto history

Where have you *been* the past nine months?
To explain;
Core made stupid decisions on their chain, miners fought them vigorously without success for over three years, segwit2x compromise was reached, but miners forked the chain before the activation of segwit so when the transparently obvious failure of segwit2x happened, they would have a contingency plan to go with.
Now there are two different chains sharing the total hashing power, and 90% of miners have empirically demonstrated that they will follow profitability. Each chain has a difficulty adjustment algorithm (DAA) that operates differently, and the BTC DAA will result in chain death if BTC loses hash power to BCH at a relatively low rate (about 7% per day), but BCH has no such vulnerability.
So to sum up in a short analogy; basically the miners are now reluctantly working for a boss they think is completely batshit insane only because he pays them well, whilst running a side hustle superior to their shitty bosses old business in every way, knowing that eventually the customers will come to that business in greater number than the old business, at which point, they will quit and the old bosses business will die.

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purse.io node implementation, so anyone doing the stupid bcash bcash shit will just be referring to a node implementation of the bitcoin cash protocol rather than implying bitcoin cash has nothing to do with bitcoin like they intend.

it doesn't matter what you do actually, just don't hold BTC.

Hed in sand. Really though, great analogy. Makes sense. Going to be interesting to see how this plays out. Supply/demand curve is going to come into play. Most people aren't trying to use BTC for payments, just speculation.

miss aligned chart. very misleading. very bcash. dogecoin is the real bitcoin.

im actually a no coiner

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> Most people aren't trying to use BTC for payments, just speculation.
Exactly, so when the float from using BCH as a widely deployed global currency for the entire internet with visa scale comes into effect, the price comparison will be "speculation on a broken shitcoin" vs "speculation on money for the entire world" with the inevitable and obvious result.

I'd say "you're safe then" but that would be a lie. Find yourself a coiner to work for before you starve to death after all the states collapse, don't cling too hard to that pride!

>visa scale
he thinks 32MB blocks is "visa scale"

I will become a coiner

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Gtfo

> he doesn't know that the scale was worked out by Satoshi Nakamoto back in 2008, and core just artificially restricted it as an act of sabotage.
OK, naptime.

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OK, Then back to my original advice, don't hold BTC.

>bcore won't upgrade their difficulty adjustement algorithm if pushed to the wall
i hate blockstream but chain death is a dumb argument

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So all in eth, then!

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You don't understand just how much effort has gone into saying "hard forks are impossible" on the core side, and just how ridiculous they will look if they have to do one. If they do it, their credibility and product is destroyed, if they don't, their product is destroyed.
They have no options.

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Unironically not a terrible play desu.

if i go all in BCH with 10k
am i able to make it?

it's wishful thinking
people are dumb, people will accept a lot of things
adam back used to say they can raise the block limit just a couple years ago, and of course satoshi himself said that would be a solution
people "forgot" nonetheless... or more accurately, inertia did its job. this is why the blockstream censorship strategy works wonders, 99% of participants are apathetic and will follow the illusion of consensus
i wish bitcoin cash all the best, but i'm convinced by 2020 bcore will still be on top

We'll see.
I'll be surprised if bcore even exists by 2020.

because core has shown they are capable of keeping ahead of problems so well in the past right?

The fact that jihan is associating with these fuckwits is just cementing his downfall.

There won't be a chain death, bitmain Monopoly is eroding, so they are just hopping onto the next opportunity where they can be a monopoly again.

Bitcoin cash will be a centralized chink coin marketed by literal con men and astroturfed outrage communities.

Then why is my long on bch getting destroyed :((

Jihan is the absolute BOY!

He's even spreading his mining operations to other countries starting with the USA, so even his company will be distributed = BCH can never be controlled by the chinky chonky government

why are you quoting my post with unrelated arguments? bcore hasn't been anywhere close to back to the wall. in case you forgot, bcore's valuation is TEN TIMES higher than it was on jan 1 2017. the network works in its limpering, clogged state
bcore is actually keeping ahead of problems, you're just too much of a brainlet to see blockstream's prime directive is creating an artificial need for rentseeking solutions and circumventing the decentralized nature of bitcoin. bcore has been quite proactive in their manipulation efforts and it has worked
why do you think bitcoinXT was censored so ruthlessly, while bitcoin cash was allowed to exist? even the bitcoin cash split serves blockstream's needs, as it lets them remove a problematic part of the community, the miners and marketers and real believers, but no developers. bitcoinXT bankrolled by wu and evangelized by ver could have crushed bcore in a few months, so it had to be killed. but now instead of mike hearn you have craig wright, and instead of an ideological fork there's the taint of ASIC boost
if you can't prevent a split, choose your rival so it has a few flaws you can exploit to remain legitimate in the eyes of uneducated bystanders

BTC might fall, but there is a 0% chance it will get replaced by BTC with a bandaid aka BCH

so no video?

Cope

haha, the fact that people can look at this and take it seriously says it all.

two "salesmen", both felons, and some chink miner that's only interested in short term profit (monero asics, for example.)

literally nobody gives a fuck what these people think, or do, apart from your typical late adopter that somehow thinks he even has a chance getting rich from bcash.

corecuck cope

this

Damn. BCH is crashing so hard, it hurts to look at the chart.

It's called a buy opportunity. People are selling because that's the general direction, smarty pants like myself are staggering buy orders as it's well and truly oversold now.

Can confirm, it really fucking hurts
We were so close to flipping ripple before this happened to. Hate that god damn shitcoin, just want it to end

this is hilarious -- they got so triggered by people calling Bitcoin Cash "bcash" that they name an implementation after it, so that when people in the future call it "bcash" they can go, "why are you talking about X implementation/protocol?" and deflect.
lmao, you can smell the insecurity from here.

BTC + LN, that's the "BTC + bandaid"
BCH is simply Bitcoin, nothing more, nothing less.

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Why did you post this, jesus

It's currently paypal scale. Visa scale comes later.

Jihan predicted bch 100k in 5 years so maybe.

Its called psyops. U dont think all the big players are actually playing us? For all we know both camps probably party together on yachts and laugh at normies like you and i

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>CEO
>bitcoin

this guy has no shame

This.

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BCH should take the bitcoin brand. It's much truer to the originally intended purpose.
They both suck and will fail compared to the new generation of crypto tech.

Heres (((Your))) answer

>BCH should take the bitcoin brand
not until they take majority hash-rate from BTC and maintain the majority hash-rate.
from the words of satoshi himself: bitcoin is defined as the strongest PoW chain. Period.

>LEL BTRASH

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>he believes centralized alt coin propaganda
Realize that every alt coin is only a singular use case for digital currency. Bch is going after all use cases. Ultimate fungibility for every use.

Awesome how can I list my company as a tokenized asset on BCH? Oh I cant
How about smart contracts? Oh
Maybe microtransactions? WTF is a zero conf
BCH fails just like BTC fails just less so.

Also realize the forces at work trying to keep alt markets alive. Devs looking for an easy paycheck, exchanges looking to keep their golden goose alive. Currently it's about 99% speculative, and eventually reality won't match up with expectations. The current market state is a temporary one

0 conf works fine, try it sometime. Tokenization and smart contracts are coming, opcodes are out and people need only build on it now. Point is, you have to be money first, not pretend money for a singular use case.

>Ultimate fungibility
>the ability to look up any addresses balance and entire transaction history
PICK ONE, brainlet.

Innovation does not work that way. It swallows up use cases and steals existing markets. Look at taxis to uber. Taxis were busy fighting over medallion distributions and missed the new emerging market with a better user experience and more use cases.
Sounds a lot like arguing over blocksize while missing every use case available to crypto.

>doesn't understand the same tools privacy coins have built into their protocols can be built on top of bch
Cash shuffle is just the start, there will be more.

Oh they are coming. Never mid then I'll tell the solidity developers to just wait on implementing their killer apps. I'll get EOS to hold off it's launch as well.
Thanks user that would have been embarassing for them.

Exactly, competition for the best user experience is what decides a winner. If you can use one currency for everything, it's a lot easier than switching every time for every use case.

>tfw you are upholding Satoshi's vision on your 500GHz computer

Competition will decide the winner, no arguments here.

>he thinks they can just add layer 2 protocols without increasing fees astronomically or affecting ease-of-use
this is what delusion looks like. furthermore, optional privacy IS NOT privacy, period.
>t. cybersecurity professional who is more tech-literate than you

Agreed. For the record I still have my BCH from the fork. I sold all my Bcore into alts last October. I didn't time the top but knew Bcore would embarassingly fail the load test.
Bought EOS NANO IOTA with it so I'm doing well, even now.

It's quite possible to implement colored coins using the newly reactivated op codes, amongst other smart contracts. It's a different model for smart contracts than the ethereum style one, and that doesn't necessary mean worse. Less mutability and state and less linguistic complexity also means you can make better predictions about program execution.

I can build my distribution on NULS and choose my consensus method / model the ecosystem properly.

And how much hashing power will be securing your chain relative to the net global total distribution of SHA256? It'll be like a wooden raft relative to an alien mothership.

The vast majority of the POW power is spent uniformly sampling from random space. You can do the same thing with a collection of nodes and a random number generator (POS DPOS).
More effort applied dumbly does not mean better security, it just means more effort.

* random sampling from a uniform space, need more coffee

LMAO you fucking retard visa scale would be literally 3GB blocks. Hope your data plan is good!

Jihan is gonna flip this BCH.

They were mocking bcore.

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that's a serious panel of winners right there /snark

POS doesn't work, how much of the market cap is secured by it? Effectively none.
This is not an accident. And proof of work is not "just uniformly sampling from random space", it's a brute force search in a very definite non random space for particular results.