>he missed the $3.8k dip
>he missed the dip that would’ve given him financial freedom
>all he needed to do was buy 1
better luck next life
He missed the $3.8k dip
I suggested to a friend of mine that he should buy one back when it crashed to 3300. He makes 100k+ a year, pays low rent, and spend thousands on stupid shit like eating out at expensive restaurants and vacations, but making a long-term investment in his future for 3300 bucks was a bad idea to him. I even explained the halving cycle, S2F, scarcity, etc but it was hopeless. I know he's gonna be salty as fuck when BTC is like 300k and he'll be texting me and calling asking how to buy it and I'm just gonna ignore him. Kek
Funny, I make 100k a year as well. I have 4.7BTC, and your friend sounds like a typical normie
>spends his youth living life and experiencing the world
>h-haha what a dumbass
You know that you can do both if you aren't a complete poorfag, right?
I only have 2... will i make i user-kun?
Buy after the halving crash
I've got 1.11 and I feel pretty good about it. I have mixed feelings about a moonshot tho
It's going to be enormously painful when the exodus to BCH begins, and BTC holders lose 97% of their investment.
Same here
We won't
But I'm gonna pay my whoring/ next trip to Thailand and an awesome PC this Christmas entirely with bitcoin gains
t. missed the dip and has been posting the same image for the last 3 weeks
Nope. Unless you're private island rich, none of us will make it
200k - 600k depending on how ballsy you are. It’s not making it, but close.
>using a potentially non-secure chain
ngmi
By definition BTC is unsecure, because, without second-layer solutions, you get $100 transaction fees and 1-week waiting times when the price goes even to $20,000. This means that BTC will never have true privacy, because it will never be peer to peer. Everything will eventually be tracked and monitored just as it is with bank transactions.
You got conned by the banks and financial institutions backing Blockstream. There is a reason why the mainstream media is so enthusiastic about BTC. Cash out while you still can.
Bitcoin cash is a failed attempt to take over by chinks and institutions. one reason BTC exploded in 2017 was it successfully fended off this transparent attempt to control the nodes.
>will eventually be tracked and monitored
that's a significant upside feature, mong
holy shit same here!
>By definition BTC is unsecure, because, without second-layer solutions, you get $100 transaction fees and 1-week waiting times when the price goes even to $20,000.
Waiting times and transaction fees have nothing to do with security.
>This means that BTC will never have true privacy, because it will never be peer to peer.
This statement makes no sense, it is by definition a peer to peer algorithm that never claimed to offer ANY privacy
>Everything will eventually be tracked and monitored just as it is with bank transactions.
It literally already is considering btc uses a PUBLIC LEDGER DUMBFUCK
I bought at 10.7k and sold at 3.8k thinking I'd be able to buy back in at 1k or something. I'm not very good at this.
isn't BCH already unironically dead? all the OG schizoids went to BSV
I sold at $5.5k just because I was scared and wanted some money in my account. It stings a bit but my reasoning was sound, so I'm not particularly upset.
I only have 1. fuck
Guy at work is the same. Some clever people just don’t have an open enough mind. Can’t see when the future is staring them in the face.
I rode out so many crashes cos I have a long term perspective. Trading is a losers’ game, it’s too emotional and you get bogged.
holy shit I would kill my self if that happened to me
If everything is on the base layer you get even less privacy dumbass. The way Bitcoin works in the base layer is the entire network has to learn about your transaction. Telling the entire world you are sending money and having them validate it isn't really peer to peer at all from a privacy standpoint, only in the actual settlement.
On layer 2 only the routed peers find out and those payments are forwarded as tor onions so really only the endpoint knows the actual payment. You can do millions of transactions and the base layer only sees the final delta amount if you close the channel. And privacy will get even better with ptlc over htlc once we get schnorr
Meh I had only 2k worth so its whatever.
>Telling the entire world you are sending money and having them validate it isn't really peer to peer at all from a privacy standpoint
>peer to peer from a privacy standpoint
????????
>telling the entire world ... and having them validate it isn't really peer to peer
???????
Peer to peer privacy means I tell you I'm giving you money and nobody else knows about it. On the base layer Bitcoin is the complete opposite of peer to peer in terms of privacy. Everyone hears everything. On layer 2 only a tiny fraction of the whole network hears about the payment and they don't even know who its going to.
Mike Hearn and Gavin Andresen, who are sympathetic to BCH, are the original devs, and were the closest people to Satoshi Nakamoto. Satoshi endorsed Gavin as his successor before he disappeared. As for Hearn, he explained in 2016 that Bitcoin was a scam coin, and, predictably, after rising to $20,000, it promptly crashed down to $2,500 when things turned out exactly as he warned they would. Look into this.
Do not pretend that peer-to-peer pseudonymity is anything like making transactions in a bank. Besides which, BCH has an optional privacy setting.
BSV is basically just Craig Wright and his personal team of miners. BCH has a massive community. All the original passionate Bitcoin people are still there. I don't post on Reddit, but just look at /r/btc. 300,000 subs as compared with something like 2000 on the sv forum.
Im at 1.05 BTC now averaging in at 7.5k. Not good not terrible either
Peer-to-peer (P2P) computing or networking is a distributed application architecture that partitions tasks or workloads between peers. Peers are equally privileged, equipotent participants in the application. They are said to form a peer-to-peer network of nodes.
Nothing suggests that something isn't peer to peer because it isn't private. The phrase "peer to peer in terms of privacy" makes no fucking sense.