Bitcoin can't be banned, no country can ban it. China tried and failed, India failed, all failed.
A nichy segshit coin can be banned like any other shitcoin in the past, even Liberty got shut down. Once too much illegal shit is done, it will be closed by joined forces. Mostly by exchanges via fiat. Dont tell your anno dreams to the innocent |
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^ correct. In BitCoin it is really NOT hard to be a hard headed fool. So I often felt guilty here, but the good portion of selfreflection and going back to zero to try to think through all the steps down the path that brought me to : Segwit and bcash is not BitCoin Can do this all day long if u want me.  |
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Ayre and Wright currently control 57% of the mining hashrate. How ? Coingeek, known to belong to Ayre controls 38% if the hash power. SVpool ( https://svpool.com/about-us/ "Welcome to SVPool, an initiative of Dr. Craig S. Wright. SVPool is a new public mining pool for Bitcoin SV (BSV) miners...") controls 19% of the hashrate. So the BSV is fully centralized:- Closed source development, users have no say in it. - Nodes controled by Ayre (who's paying for the nodes from cloud computing companies such as digitalocean and AWS). - Mining controled by Ayre and Wright. - OP_RETURN size that allows to easily reverse more transactions. It's very unsafe to put money in this. Incorrect, anyone has an equal opportunity to out-compete Calvin and Craig for hash rate. Centralization would ensure that no one has the authority to do so. BSV works on a capitalist economic model, Calvin and Craig are just taking the highest risk to mine BSV. Larger miners could switch over to the BSV at any moment. Yep- the problem of small blockers and short brainers always is time component and evolution factors. They only argue with static views. meh - Things are coming in differently - so BitCoin will win in all cases - it never died really. |
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Yep - put some probability numbers behind CSW and DK , their skills, their interests and what only CSW is able to Report from the beginnings, and they are both quite likely Satoshi. No other comes close to that probability - trolls just getting pissed, cause CSW wanna destroy their anno sefgork tool - sorry |
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Craig Wright has always banged on about the rule of law. Now the law has established that Wright's been blatantly dishonest and that he is psycho enough to lie in court.  What else has Craig Wright lied about? Can BSV supporters actually trust anything that comes out of his mouth or are they just being played like a fiddle by a complete sociopath?.......... Have a nice day! Rainbow Journalism. Fits ur size of blocks and Brains. PoW needs to be done to understand such in details |
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Some serious tax payments to be made
40% tax, on amount in USD at settlement. By the time you sell the BTC, and pay the taxes .... then?! How much will be left ?!!??!  Just ask for 1 year notice to pay the tax, you will have to sell less BTC ;-) The problem is rather, once the tax bill is calculated, it does not account for the market price any more - I'd not buy such a risk, and not for Long term at all |
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Some serious tax payments to be made
40% tax, on amount in USD at settlement. By the time you sell the BTC, and pay the taxes .... then?! How much will be left ?!!??! I wonder if that TAX has to be payed, despite any coin could be moved / sold at what Price at all ? How is the amount of tax derived ? Ususally it is a market -to market Price and off it goes |
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No trust. No money. This trust was set up by Dave. So they lost the keys or had to setup the courier...
What an amazing coincidence that the end result is the exact same as if there was no trust and Craig had never mined any bitcoin at all. Lets see. Its at least 40% tax to be payed IFF they take it despite the btc could be moved. What a risk...
40% of 0 is 0. Risk to BTC = 0. Risk to BSV of Craig being determined a liar in court = priceless. U live in a dream Boy - things are movin on |
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You're so blinded by your cult of Craig that's it's comical. Nope. No cult. Just able to raise brain / block sizes . No coreans could |
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No trust. No money. This trust was set up by Dave. So they lost the keys or had to setup the courier...
Lets see. Its at least 40% tax to be payed IFF they take it despite the btc could be moved. What a risk...
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BSV and BTC have the same old history - true so far
But the crime actions (incl altering protocol to more allow such) stay on BTC - so what is your point? I guess even criminals stay away from BSV. I wonder why.
Hey, isn't changing the block size altering Bitcoin? When do you stop? 1 TB? 1 EB? How big do you want your blocks to be? Heck, why not just absolve the whole concept of a blockchain and just have a single block? Make it a full-body sun block ... Hehe, nice one. Nope, such big block doesn't change how it all works together. They guy still can do his 'usual' transactions as long as she follows the 'usual' protocol, initially defined by DNA. |
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unlimited data entry storage
Just like Satoshi intended.  You're right, Satoshi intended for Raspberry pi's, not the data centers as he literally wrote about in the thesis whitepaper. Now u might expect little too much, such as ppl would be able to READ the original white paper and what Satoshi posted afterwards (or even before he submitted the wp) |
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For the last 48 hours or so Bitcoin SV has been more profitable to mine than BTC. These ( https://sv.coin.dance/blocks) block size stats suggest stable and organic growth given the apps and use-cases built on top of the BSV block chain. The majority of transactions come from a weather app, Twetch, Bitstagram, bitpico and other content creating applications built on top of the BSV blockchain with a monetary incentive. A direct result of these apps have created real micro-payment volume and these applications seem to be increasing daily. For this reason I expect a lot of miners to switch over to BSV within the next month. It's more profitable per miner only because the hashrate is declining. Less miners = more reward per miner. The hash-rate has near double since the beginning of June and the price has fallen nearly 50% since. The stat we are looking at are the size of the blocks mined, they have increased in a very stable and strong upwards line that does not seem to be slowing down. We're looking at the chart that says: 'Bitcoin and Bitcoin SV Block sizes.' BSV is on pace to pass BTC this month assuming the same pace of growth. When you fill your blocks with useless publicly and freely available data, you can inflate the block size to support a narrative. Easy peasy. 2 of the last 30 BSV blocks are bigger than the smallest off the last 30 BTC blocks, even though BTC doesn't process BS data. Hell, it could be Calvin and Craig sending a million transactions to each-other a day, do you think the miners care what transaction is relevant to what user or application when there is a market more profitable than BTC at this point? There is no such thing as an 'inflated block.' These transactions do exist and they cannot be 'faked.' The whole purpose of the Bitcoin blockchain is to ensure the transparency of a public ledger database, the whole point of the miners is to secure that database, when the Blockchain has OP_return and unlimited data entry storage, its going to attract application developers and miners, this is what is currently happening. The only narrative is the facts, there is no 'BS Data' when the users pick up the tab. No it's not, it's just the opposite and it already happened with BCH. OP_return and unlimited data entry storage are not Bitcoin. And who the hell decides "what is bitcoin"? There is not a single legal system in a nation which defines Bitcoin. The only evidence released alongside the genesis block was the whitepaper which certainly states a block-size increase must exist beyond 1mb. You must be pulling your hairs out arguing this narrative. if you think the miners are going to chose the chain with the lesser profit, you're in for a wake up call. Chinese miners care about one thing, numbers. I can guarantee you data storage will attract more application developers to build on top of the BSV blockchain and the demand for miners will follower, this is perfectly outlined in the blocksize chart we're discussing, this is not speculation. There is another Major factor that will guide the GLOBAL adoption: The transparency and stability of the base layer - not to allow dark behaviour, rather killing it. Best seen here: https://www.finma.ch/en/news/2019/08/20190826-mm-kryptogwg/Incl first law reporting / ensuring institutions for doing all that in the future |
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Nice - thx. Such a polarized / prejudging 'journalism' is a scam itself. Have some fun with it |
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BTC use case
1 is money laundering
2 ponzi hodl, sell to greater fool
3 alter protocol so that s no longer Bitcoin
Dude...BSV is the fork of BTC so it can be used for that things too. US DOLLAR NOT BTC is used for :
Money laundering
Illegal Drugs manufacturing and worldwide export. (Supporting of drug cartels)
Financing of Terrorism and terrorists (ISIL, Al Qaeda, Hamas + 1000 others...)
Weapons mass production and worldwide export.
Financing of all existing and planed armed conflicts and wars worldwide.
Counterfeit money production and worldwide export.E.T.C. E.T.C. E.C.T......Founder and MINED only by USA (Unlimited supply)Bitcoin or monero are mainly used for a small online purchases on a dark web. And if you think that the transactions are totally untraceable just go ahead and try to sell or buy any illegal staff IN BIG QUANTITIES using BTC or MNR. You will find some dudes knocking on your door in a very short time. So, stop posting bullshit please. We need bitcoin. But we do not need absolutely useless and scammy forks like BSV BTG BTD ... e.t.c... Sure , the USD is not camparable to BitCoin by far - so the real thing is that all that crap goes away IFF ALL are really using it - that for BitCoin must be as thin and transparent as possible -> then ur gov will be forced to spend Money with same transparency. That is a really good use case. |
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It isn't mentioned because nobody uses BSV, besides a few cultists. Is the end of cash money also set, since it is also used in drugs deals?
BTC use case 1 is money laundering 2 ponzi hodl, sell to greater fool 3 alter protocol so that s no longer Bitcoin Hm not really a glance Since BSV is a fork of BTC, it carries all the history of BTC. Including that of the illegal dealings. 
Hey, also... how do we prevent any currency from being used in one particular transaction? Certainly, you can use third-party regulatory terms to create a preventative measure as an external form of limitations... but in the underlying protocol, how do you honestly stop it from being used inappropriately? Only in the case of total centralization would you be able to stop certain transactions. Anything but that would still allow others to use it for their own means.  BSV and BTC have the same old history - true so far But the crime actions (incl altering protocol to more allow such) stay on BTC - so what is your point? |
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Its not done yet!! you even proved it by putting a link to a website in your response!! still a long road of development yet!! Don't mind him. I can't remember the last time he posted something truthful. Its all good mate , I dont mind anyone, there is some really good domains there for people looking at setting up sites!! and everyone has there opinions, learnt that a long time ago, need thick skin in the crypto world!! U have to have thick Skin in the old world, where posting shit seems to be free of cost - the metanet is about to change that, trolling and lying will not be sustainable |
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mmutable Bitcoin with a 1 MB hard blocksize limit
It is not "immutable" with respect to blocksize. The blocksize can be changed, but since everybody has "defaulted" to a specific limit, it requires extensive coordination.. The specific limit changes the game theory of "stale blocks" significantly. It is naive to "blame satoshi" for this. Centralization = 51% attack (or sufficient percent such as perhaps 33%). A 51% (or sufficient majority) attack can surreptitiously censor anything whether it be entire blocks or just blocks that have transactions which are to be disallowed. No. They cannot. They cannot effectively censor my transaction, as they neither know which transaction is mine, or what the contents of the tx is. They cannot effectively censor a block ... as other blockfinders will catch up, and mine the tx into a competing block. I will leave it there... but if you game out a "censorship" (or similar) scenario in more detail, I am happy to provide a more detailed answer about how it doesn't actually work in practise. These are the things which make blockchain technology GOOD. Your comments indicate that you either do not understand blockchain, or you are actively trying to undermine it. The clever game theory “poison pill” that Satoshi inserted into his immutable Bitcoin protocol, is such that all soft forks are “anyone can spend” No not "all" soft works. Just specifically segwit, due to the way it was implemented. Again, you are demonstrating a severe lack of understanding. I just did. No you didn't. You didn't say HOW. You just said "it can be done", and you are incorrect. So only the hodlers will make the final decision when Core is forced to fork off, because the hodlers will decide which tokens they sell and which they keep.
Indeed. The market sets the price of all the different tokens, include any "air drops" caused by BTC forks during the coming segwit calamity. However, why would any of them be worth anything. 1MB every 10 minutes, shared between the entire world is very very very very stupid. P2SH is stupid. RBF is stupid. Nobody involved with BTC sees that (because they *did* it) .... so who's going to fix the mess? All those people (capable of fixing and building) left in August 2017. You can clearly see that Satoshi conveniently ignored that plea It was never up to Satoshi to fix it. It is up to the miners.... they could find a larger than 1MB block if they really really want to. None of the miners who understand (or care about) that are mining BTC any longer ..... or at least they are only mining it for it's short term profit motive. BTC has been dead for years. Thx - I can Support all of this. BTC is dead for most of its initial use cases, except ponzi shilling and Money laundry |
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Muh, miners are the evil guys for centralization...
Lol, are they running full nodes = mining nodes finally?
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