[ANN] [BSV] [Bitcoin SV] Original Satoshi Vision

[Anarcocapitalista]

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.

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[hv_]

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

[Iamtutut]

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.

USAF.

[Anarcocapitalista]

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.

USAF.

LOL you men 'UASF'? A user activated soft fork? a communist dictatorship? you must be going insane with that narrative.

[Iamtutut]

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.

USAF.

LOL you men 'UASF'? A user activated soft fork? a communist dictatorship? you must be going insane with that narrative.

Big blockers are going insane everytime they hear / see this. You just proved it again.

In a "peer to peer" environement, users AKA peers decide what to do. And peers have decided.

[Hueristic]

Big blockers are going insane every time they hear / see this. You just proved it again.

In a "peer to peer" environment, users AKA peers decide what to do. And peers have decided.

Not on this centralized shitcoin.

[Iamtutut]

Big blockers are going insane every time they hear / see this. You just proved it again.

In a "peer to peer" environment, users AKA peers decide what to do. And peers have decided.

Not on this centralized shitcoin.

The ticker should indeed be CCC: CultofCraigcoin

And at the same time CCC refers quite well to the quality of the asset: junk bond category.

[nutildah]

unlimited data entry storage

Just like Satoshi intended. 

[Anarcocapitalista]

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. 

[hv_]

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)

 

[Anarcocapitalista]

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)

 

Yep

https://bitcointalk.org/index.php?topic=532.msg6306#msg6306

[Iamtutut]

BREAKING

FAKETOSHI JUST LOST AGAINST IRA KLEIMAN, THE TULIP TRUST DOES NOT EXIST.



HE FORGED DOCUMENTS, LIED UNDER OATH.

[Piston Honda]

https://www.coindesk.com/judge-recommends-ruling-in-favor-of-kleiman-in-craig-wright-case

BAHHAAHAHHAAA, good, as expected.


CW REKT
bsv rekt
roger ver still an idiot

[bitcoinPsycho]

BSV TO BTC  -4.4%

Lol

[Hueristic]

So he now has to prove the tulip trust does not exist or pay half?

[Anarcocapitalista]

So he now has to prove the tulip trust does not exist or pay half?

https://modernconsensus.com/cryptocurrencies/bitcoin/exclusive-interview-with-craig-wright-just-after-ordered-to-pay-5-billion-in-bitcoin/

https://twitter.com/ToolFreeCrypto/status/1166191383683719168?s=20

[nutildah]

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.  

There's literally zero mentions of the term "data center" in the white paper. I guess you meant to use the word "literally" in the figurative sense.

A Raspberry Pi is simply a hardware device designed specifically to run a node. It has nothing to do with changing the core philosophy of bitcoin, unlike Wright's mission to change it from being a "Peer-to-Peer Electronic Cash System" to an "unlimited data entry storage system." The only reason Wright did this is because there's already a big block experiment out there and it fails to utilize the extra space.

As far as the lawsuit outcome is concerned, this is the appropriate response. From Peter Todd:

The interesting part isn't the judge ruling against Craig Wright.

The interesting part will be when Craig fails to pay up because he never had any of those BTC.

[hv_]

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...

[nutildah]

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.

[hv_]

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