All ideas welcome.
How to destroy Bcash?
flippening imminent
1. Buy a whole fucking lot of it
2. Hold it until it moons
3. Send all the coins to a burn address
4. Mock cashlets: HAHA all your bullshit coins are GONE.
Buy it and sell immediately
What is Bcash anyway? What's the point? Who's idea was this?
actually improve BTC, making BCH irrelevant
wouldn't surprise me if some corecuck did this, they are that fucking dumb
Ways to defeat Bcash:
1) do nothing and wait
2) that's it.
There can be no flippening, because BCH does not do what it promises to do. Its handlers have not even exited BTC by their own admission. It survives as a way to siphon a little of the new money entering crypto off to their own private currency. The BTC whales trade back and forth, incrementally growing their BTC holdings, and charging the costs of their wealth gains to people buying BCH. They are patient, and move slowly, but eventually it unwinds. The inner circle walk away with fat BTC gains, and the rest are left holding the bags on frozen exchanges.
How it doesn't
It does exactly what it promises to do
Hope you enjoy paying $20 per transaction with your BTC
Ban all pajeets from biz
yes lol
they're fucking stupid brainwashed fools that love high fees in their anus
It doesn't support exponential growth. It appears to be fast and cheap because nobody is using it. It positions itself as a transactional solution, as if the world needs one more of them. Yet you donät know if your BCH will be worth the same when you go to pay as when you entered the store. If everyone is using BCH to transact, multiple times a day, the blocks fill up, the network slows, and fees rise. It demands ever-increasing centralisation and command economics to remain functional (EDA). It is not robust against 51% compromisation and in fact has submitted to just such a vulnerability several times.
In short, it accomplishes none of the important parts of Satoshi's white paper. It is the emperor's new clothes, woven for normies to look upon via mainstream news media, and kid themselves into believing that the price is reality, and that they are early adopters of something big.
this is all false
It's all true, and it's got you worried that people are finally talking about it.
All you dumbfuck core shills have are lies and misinformation.
it supports exponential gropth (see Graphene)
it currently supports up to 32MB blocks (but miners are only mining 8 MB blocks now)
it can be scaled ad infinitum, the Gigablock Initiative has alredy tested 1 GB blocks
so yes, you are a liar
all made up bullshit
och du är en korkad jävla böghora
BCH is supposed to go adjusting block sizes as the network grows and hardware advances allow it
the only one that doesn't support exponential grow here is clearly BTC
actually basically everything you said, applies to BTC
I think you got your acronyms reversed
Scale BTC.
inb4:
>segwit is a blocksize increase
>LN will launch 2020 for sure
fucking watch this in full and forget all the ad hominems and really consider what is being said:
youtube.com
youtube.com
Everything thats happening now was announced in that very talk and all real bitcoiners knew.
Get on the flippening train or get dumped on
You still have a few days time
>1 GB blocks
Will they work, sure. Will they centralize mining even further? Absolutely.
Only the miners with the fastest broadband and storage will be mining the rewards. Smaller miners won't have a chance for the block reward. This will limit BCH mining to just a few large Gov subsidized farms.
Buy as much as you can
Send it to 1BitcoinEaterAddressDontSendf59kuE
Now the BCH is gone, burned.
Burn the BCH.
by the time 1GB blocks are needed, people will have 100 Gbit/s internet connections.
Store your porn collection on the blockchain.
By the time the blockchain is Petabytes, petabytes will be cheap as fuck.
its 200GB now for fuckss sake. WE NEED TO SCALE NOW and BCH is doing it
PS: rasperry PI nodes can fuck off they add nothing to the network
If you have been in bitcoin for more than 3 months and cant afford a 1k computer to run a node you can fuck off
by burning BCH you're only making it more valuable idiot
get the gov involved for insider trading. this shit cant be allowed to go on i dont care if bitcoin core is the jews coin. this level of scamming will cause another 5 year bear market.
The exasperated levels of COPE when people start pointing out the obvious flaws in BCH is getting predictable. Is it a cult?
I don't speak somali.
Exponential growth in BCH is a sound theory, but with no BCH blocks approaching anything like transaction capacity, it leaves two questions:
1) you only think it works in theory
2) even if it did work, would anybody care? Clearly nobody values BCH as a system of transaction enough to even use it as such while they have low fees and fast confirms.
Graphene is vaporware, it is not applied technology, and have not been stress-tested in a live situation.
Psst dont tell the core laggards
Yeah I know Bcash is a bullshit. That's not the question.
Also, critiquing Bcash is a waste because it's too technical and people will just forget what you say and repeat Roger Ver's simple lines.
I'm not a developer. I literally can't help scale BTC.
How do I do that exactly?
Oh fuck are the people making these posts serious?
Buy stocks if you want a regulated market and enjoy your 4% yearly gains
please do this so my 0.09 bch will be worth more.
>I literally can't help scale BTC.
Of course you cant. Core wont let you.
Hence BCH.
If enough people do it, there wont be many BCH left.
Can you imagine a world with 1 BCH?
Just bought 20k BZC, who cares, maybe it'll get to the normies.
You know, I always ignored Craig Wright's content, because he once LARPed that he was actually Satoshi Nakamoto. Glad I watched this.
He's just a corporate man. He talks about politics in a really angry way, ranting about "the socialists and the anarchists" and "anarchocapitalism". There's no place for that in the markets. You have to be accepting that a fascist or a socliast may come up with the market-leading solution.
He repeatedly lays all of the impetus for infinite scaling on Moore's Law. It's weird he has come around just now, at a time when industries are talking about the end of Moore's Law.
He moans about being kicked out of the security industry.
Genuinely an eye-opening glimpse of another one of these odd, damaged individuals who have gravitated towards the BCH clubhouse.
Split Bcash into Bcash gold and Bcash
Then split Bcash gold into Bcash gold v2. Then fork the original Bcash again to create Bcash Ultimate.
Then fork Bcash gold into Bcash refined gold, then fork Bcask gold v2 creating Bcash gold v3.Then fork Bcash Ultimate creating Bcash superior. Then fork the original Bcash once again to create Bcash Squared.
Each fork should have a small change in block size. Each split will further divide the community and divide investors. Keep going and going and going. Each icon needs to be the same bitcoin symbol, but slightly tilted.
ignore it. what you resist persists. the only true way to destroy something is with indifference
>hes angry so his arguments must be invalid
Try again corecuck. The blockchain is a measily 200GB now. Even if we fill 10MB blocks starting tomorrow storage wont be an issue for a long time.
But hey better cripple everything and develop LN for another year and wait another year for adoption after that.
Hed be retarded if he didnt get angry at that rational
not exactly serious but damn close dude. cant just fucking have blatantly orchestrated billion dollar pump and dumps and insider trading. Our fucking link and req aint going anywhere if normies never adopt the shit cuz they keep getting scammed to death.
i dont rly want to get the gov involved but this is fucking retarded scamming.
>Try again corecuck. The blockchain is a measily 200GB now. Even if we fill 10MB blocks starting tomorrow storage wont be an issue for a long time.
you are so dumb
For your information: The only reason us neets are making money is because we are taking normies money in this volatile market.
Every time you 2x from a moonmission you are taking bux from some noob or normie who will likely feel scammed after the shitcoin dumps.
Deal with it or gtfo
Not an argument.
10 MB blocks for 52594 blocks (one year) is easily storable at 525GB making total blocksize 725GB.
There one full year of exponential growth you can run on a low end server. 1 year of time to implement LN or whatever else other layer2 solution could be come up with
But no, Core decides to destroy all former BTC usecases instead. They did this to themselfes
>watched video
Wow, he's actually retarded. To even come close to Visa transaction rates in real time, blockchain would grow by many gigabytes per day. Just 'make the block bigger' is not a solution.
chain spiral death imminent. You better act fast if you want to kill bitcoin cash =)
>thinks it's only about storage
again, you are so fucking dumb
nice argument
11/9
Same happens in all kinds of markets.
Economy is a zero sum game.
anyone who knows about this shit doesn't need me to spell it out. you obviously do because you're a retard. let's use the socratic method and see if you can think for yourself:
if storage isn't the issue, what other variable in a truly decentralized network would large amounts of data impact?
>"640 kB ought to be enough for everybody"
In the future 1GB blocksizes won't be a problem. Broadband speeds will reach into 100 Gbit/s or more.
You are also forgetting that hard drive space is cheaper than memory, and at this rate the Bitcoin mempool is going to eat GBs of unconfirmed transactions in the future.
The blockchain doesn't even need to be completely synced for each node. You can run a BTC or BCH node right now only syncing the latest X GBs.
What you are missing is that BCH argument seems to be "Yesterday's solutions, today". Core argument seems to be "Tomorrow's solutions, tomorrow".
That is what gives BCH the appearance of solving things, but there is no longevity in their answer. And no guarantee that their one-point fix will solve all the scalability problems of tomorrow.
There is then the political issue itself. Craig Wright is pre-occupied with everyone charging around the world, making contactless payments, with all the cost and onus of confirmations being placed on the vendor ("because they want to make sure they get paid!"). The problem with that is that you release wild crypto "into the wild" of retail commerce, and it becomes easy to launder money.
Remember that, as much as you might hate the concept of governments, you are most likely an honest citizen. Corruption, laundering, embezzlement and cartelism are harming you. One of the greatest achievements of crypto is that it will force money to become HONEST for the first time in its history.
If you "solve" the spending issue of bitcoin, before you have a genuine crypto economy up and running, you let all the dirty money pour out and pollute the system.
Secondly, his "solution" to fees is wallets with seller responsible for confirmations. At the same time, he purports to want competition-based solutions. So what he is opening the door for there is just proprietary payment products like apple pay or paypal, no different to today.
Think about it: seller eats the fees for now, because they are the ones with a vested interest in ensuring no double spend.
Along comes a competitor, who removes seller confirmation fees, and it booms in popularity. So much so, it grinds to a halt.
Another payment solution enters the wallet marketplace and instead solves the problem like this: fast transactions, and seller doesn't eat the fees, but the customer does.
Immediately, vendors favour this system, and as the customer it doesn't matter that you don't want this because now all your stores have decided you have to eat the fee, and you have nowhere else to spend your money.
The problem with people sucked in by BCH is they think they know just enough to be smart. But in fact they have researched just enough to be flattered into being tricked.
Its not about bandwidth by the way.
Its about storage, computing power and centralization
>newfag doesn't know how blocks are actually assembled
obviously
Increase the block size durr
Stick it in a transaction.
Point at this faggot and laugh.
Fiat cash is the best way to launder and always will be. When Crypto takes over tons of launderers will be fucked.
Hide money = possible with crypto
Launder= very hard with crypto
Posting on your first day in crypto, user?
The sad thing is, I think you actually get what I am saying when I say the problem is rushing to role out the last part of the crypto payment jigsaw first.
Law enforcement has to create crypto-dedicated units for financial crime. They need to know what they are looking for, and how to look for it. You need a general awareness that transactions are pseudonymous, but not anonymous. And that if you don't KYC, you can get sucked into a laundering network without even knowing, if you run any kind of enterprise.
That will be a problem: determining lines of guilt in financial cybercrime.
The fiat curency solution was a simple one: "Ah, fuck it." With endless, timeless, and open records of transactions, it will no longer be possible to be so blase about where your transactions originated.
People rushing out ways of paying for coffee are either dangerously impetuous and missing the bigger picture - or they are fully aware of it and worried.
if you think you can stop Bcash fully, youre as moronic as roger who thinks he can stop core fully.
Whatever the case, it cracks me up that people are rallying around
>faketoshi
>"penny stock scammer" mcaffee
>roger ver(ified mt gox, all's fine!)
And no Im not a corecuck segwit is hortible.
here is the solution to stopping bcash
discord.gg
wait until coinbase opens trading again
Paid pajeet shilling
I missed you guys, since november i didnt read you
Someone explain why /r/bitcoin is getting butthurt that Bitcoin Cash got added to coinbase?
You just got free money, what the fuck are you complaining about?
If you don't know why it is important to have full nodes dont cry when you lose everything
This, lol people dont realize thes are loving all this new $$$$ flowing into the mktcap. The dumping will liqidate those fucking idiots buying this pos at 3.7k lmao
This guy gets it.
most of them probably didnt have btc on coinbase when fork came out. this means they got their bcash earlier and probably already sold it.
plus theres the whole argument of market manipulation through insider trading but its the wild west atm so it should expected
Make fake news about its CEO and Founder selling everything they hold is a good way to destroy a coin.
medium.com
reminder that BCC got couped.
Buy bch with eth
Short all bch to btc.
Let it replace core and let it serve as the new alt riser. Then once it's no longer profitable and inefficient, the real successor to bitcoin will be able to take over. Think of it like how Ford was to Nixon and Carter.
That's not how network effects work, if this political move is successful it means you can't trust crypto including BCH, they're vulnerable to these types of political attacks. Gox was nothing compared to this, if BCH "wins" the experiment in decentralization effectively failed and everyone will turn to bank coins with a central authority like ripple.
Is this only the case with BCH or would any alt coins taking over do the same sort of thing?
Coin usage naturally growing to overtake btc is different from being taken down by political actors exploiting a lack of consensus, co-opting the brandname and spreading fud. Almost all transactions in any crypto today have to do with speculation, no coin is close to being so useful to normies to take over everything. Bitcoin operated like bcash for years, did you ever buy coffee with it? My debit card works better btw, more useful to normies, I just swipe my card and it's payed instantly from my bank account with low fees.
How much would the game change if atomic swipes came into play?
I think with LN and swaps developers can finally make applications with actual utility for normies. Smart contracts show potential but stuff like the kitties also show the limitations of running everything on a blockchain and the spiralling gas costs. With LN you can stream money between contracts and central service providers without any real overheads, just a direct connection that's settled and verified by the blockchain when needed.