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Author Topic: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision  (Read 225759 times)
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August 26, 2019, 08:40:23 AM
Last edit: August 26, 2019, 12:27:43 PM by ðºÞæ
 #821

In the latest news Beijing found a new owner (crazy dabo) for $4650
 https://cityonchain.com/

Edit:
Cairo for $888

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
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August 26, 2019, 12:07:53 PM
 #822

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.
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August 26, 2019, 01:02:07 PM
 #823

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.
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August 26, 2019, 02:24:53 PM
Merited by jbreher (4)
 #824

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. 
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August 26, 2019, 02:45:48 PM
 #825

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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August 26, 2019, 02:51:14 PM
 #826

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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August 26, 2019, 03:10:13 PM
 #827

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.
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August 26, 2019, 07:12:39 PM
 #828

unlimited data entry storage

Just like Satoshi intended.  Roll Eyes



You're right, Satoshi intended for Raspberry pi's, not the data centers as he literally wrote about in the thesis whitepaper.  Roll Eyes
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August 26, 2019, 07:53:34 PM
 #829

unlimited data entry storage

Just like Satoshi intended.  Roll Eyes



You're right, Satoshi intended for Raspberry pi's, not the data centers as he literally wrote about in the thesis whitepaper.  Roll Eyes

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)

 Grin

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August 26, 2019, 08:07:16 PM
 #830

unlimited data entry storage

Just like Satoshi intended.  Roll Eyes



You're right, Satoshi intended for Raspberry pi's, not the data centers as he literally wrote about in the thesis whitepaper.  Roll Eyes

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)

 Grin

Yep

https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
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August 27, 2019, 03:59:28 AM
Last edit: August 27, 2019, 05:04:16 AM by Anarcocapitalista
 #831

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
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August 27, 2019, 06:20:03 AM
 #832

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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August 27, 2019, 07:20:47 AM
 #833

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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August 27, 2019, 08:18:46 AM
 #834

long time of deposits on the exchanges (2 hours at best) - on the one hand, it is bad, in parts it is unrealistic to sell, but entirely can not send on the exchange, it is risky. And on the other hand, it is good, few sellers therefore, and it is a shortage of supply and the price will rise

Sale the first NFT of the first foto
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August 27, 2019, 12:53:09 PM
 #835

https://sv.coin.dance/blocks

Bitcoin SV 7.4% more profitable to mine today compared to BTC (August 27th - 12:53) GMT.

The narrative is, we dont know whether Craig HAS the coins (1.1 Million BTC). But if he does he has to give 50% to Klieman (Only BTC).

Craig Claims he does (Doesn't show proof)

Peter Todd says he doesn't (Doesn't show proof).  

Facts are facts.

We shall wait.

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August 27, 2019, 03:00:00 PM
 #836

https://sv.coin.dance/blocks

Bitcoin SV 7.4% more profitable to mine today compared to BTC (August 27th - 12:53) GMT.

The narrative is, we dont know whether Craig HAS the coins (1.1 Million BTC). But if he does he has to give 50% to Klieman (Only BTC).

Craig Claims he does (Doesn't show proof)

Peter Todd says he doesn't (Doesn't show proof).  

Facts are facts.

We shall wait.





I stand corrected, can you please send me a link to the transcript?
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August 27, 2019, 03:22:25 PM
 #837

@IamTutTut

CoinGeek is Calvin Ayres mining pool. The majority of his hashrate is mining BTC which he converts into BSV as he made public. He is one of the Biggest Bitcoin miners in the world and one of the biggest Bitcoin SV supporters. Why would he 51% attack his own investment?  Huh
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August 27, 2019, 04:16:53 PM
 #838

DOGE has 100% at one pool https://blockchair.com/dogecoin/charts/hashrate-distribution

BCH 53%

DASH 56%


Sale the first NFT of the first foto
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August 27, 2019, 05:44:50 PM
 #839

i really dont understand why people is so angry with craig , if he was one of the first with bitcoin  in the team with satoshi nakamoto. may be true the he is satoshi, by the way he is the second man of btc

bTCBTCbiᴛcoinᗷTCethDOGEzecⅬTCUSDT
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August 27, 2019, 05:56:46 PM
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Quote

He's written 7,500 posts. Each one is dumber than the last.

long time ago I have written that Satoshi is a group of three people, the court confirmed it today https://modernconsensus.com/cryptocurrencies/bitcoin/exclusive-interview-with-craig-wright-just-after-ordered-to-pay-5-billion-in-bitcoin/

Sale the first NFT of the first foto
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