[a / b / c / d / e / f / g / gif / h / hr / k / m / o / p / r / s / t / u / v / vg / vm / vmg / vr / vrpg / vst / w / wg] [i / ic] [r9k / s4s / vip] [cm / hm / lgbt / y] [3 / aco / adv / an / bant / biz / cgl / ck / co / diy / fa / fit / gd / hc / his / int / jp / lit / mlp / mu / n / news / out / po / pol / pw / qst / sci / soc / sp / tg / toy / trv / tv / vp / vt / wsg / wsr / x / xs] [Settings] [Search] [Mobile] [Home]
Board
Settings Mobile Home
/biz/ - Business & Finance

Name
Options
Comment
Verification
4chan Pass users can bypass this verification. [Learn More] [Login]
File
  • Please read the Rules and FAQ before posting.

08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
05/04/17New trial board added: /bant/ - International/Random
10/04/16New board for 4chan Pass users: /vip/ - Very Important Posts
[Hide] [Show All]


Janitor application acceptance emails are being sent out. Please remember to check your spam box!


[Advertise on 4chan]


File: 124124215135.jpg (73 KB, 1200x600)
73 KB
73 KB JPG
These people are killing bitcoin, and we are so fucking close to another fork. Bitcoin could’ve worked if not for the reliance on humans to uphold its virtues.
>>
Bitcoiners are complete retards for not upgrading to bigger block sizes in 2015. Their punishment is stagnation and death.
>>
>>61253345
>could’ve worked if not for the reliance on humans to uphold its virtues
literally every asset requires this dummy
>>
File: bcash-struggle.jpg (33 KB, 354x597)
33 KB
33 KB JPG
>>61253356
>block sizes in 2015. Their punishment is stagnation and death.
kek ok
>>
Only retards care about bitcoin or its block size. Since it became mainstream I realized that every talking head and every evangelist is a moron. Bitcoiners are just lucky that it was CEX business to paradoxically liquidate shorts on something that inherently has no value. The entire business model is liquidating shorts for 3 years and then liquidating longs in <1 year. It has hypnotized everyone by its price action. It's worthless, and only retards hold it.
>>
>>61254515
Kill yourself wagecuck
>>
>>61253356
What's wrong with Lightning.
>>
>>61254771
some people are scared of getting rugpulled by a channel
>>
>>61254787
retard alert
>>
>>61254825
call me names won't change that fact. what a flop feature
>>
>>61254276
What do you use btc to buy?
Or do you juat hold it to sell to someone else later?
Pre 2017 btc was being used a lot for actual purchases, steam games being one of the biggest markets
After the block wars btc just sits and will never be upgraded again until the miners start relying on fees only to make money
>>
>>61255196
The biggest use case pre 2017 was allowing money to exit China. That's when I first saw crypto as being something interesting to buy.
>>
>>61255196
clover PoS and soon square will accept BTC

I buy lunch sometimes but haven't in a few months.
It's kind of cool having Zeus on your mobile phone connect to your node at home and buying stuff in person.
It's always anxiety inducing, but as long as your internet is good it goes through instantly.
>>
>>61254771
no private keys = no use
>>
>>61255196
What do you use gold to buy?

Bitcoin is going to hit gold’s mcap first and it’s going to do so by early next decade if not sooner. Once it hits that level that’s when we can start talking potential currency reserve with satoshis.
>>
File: IMG_6323.jpg (170 KB, 832x1199)
170 KB
170 KB JPG
>>61253345
Bitcoin Core are pedophiles and infiltrating saboteurs that need to be [REDACTED]
>>
>>61255760
If you add up all of Luke Dashjrs "contributions" to bitcoin, including killing Counterparty, which then led to Bitcoin's death as an asset layer and the creation of Ethereum, think we have passed now passed into deeply negative territory.
>>
bcash jr can finally have 300kb blocks
the 200 guys who are running knots will find out why the LN creators said we needed 300MB blocks
>>
>>61254771
bro
did you know that the LN creators have said that we need 300MB blocks for channel openings and closings?
I bet you didn't know that
go ahead and try to open/close channels in a high fee environment, see if your state channel works lmao
>>
>>61255814
>>61255898
This airheaded bug is preferable? At some point incompetence becomes maliciousness
https://youtu.be/lW8r9hq8-yU?si=pZablaL3BHK6fFOs
>>
>>61255898
My channel has been open for over a year but I only risk ~1k because you can't back them up.

If shit hits the fan on lightning you need to ask for cooperative close from your channel partner. If you try to force close and have the wrong channel state you lose your money.
Then you hope a watchtower has been watching your channel when your channel partner cooperatively closes.
It's mad that we're 8 years into this and you can't run a business on it unless you have high level server knowledge for backups.

The 300MB idea was probably napkin math for global adoption or something.
Each individual isn't going to open channels at the end of the day.
I'm good with 4MB channels we have now, subsat per byte transactions are going through still.
The OP_Return debate is overblown but the devs need to be careful.

If we had 300MB blocks inscriptions shit would have bloated the network last year.
300MB blocks full would put over 15TB on chain in 1 year.
Say goodbye to home servers running Bitcoin nodes.

So as we stand Bitcoin can still be run at home, but operating on LN is still difficult, and the blocks aren't even full right now.
It's smart to let developers come up with solutions without immediately sacrificing the network to AWS server centers.



[Advertise on 4chan]

Delete Post: [File Only] Style:
[Disable Mobile View / Use Desktop Site]

[Enable Mobile View / Use Mobile Site]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.