Quote from: Anarcocapitalista on August 26, 2019, 03:10:13 PM

Quote from: Iamtutut on August 26, 2019, 03:02:49 PM

Quote from: Anarcocapitalista on August 26, 2019, 02:45:48 PM

Quote from: Iamtutut on August 26, 2019, 02:36:31 PM

Quote from: Anarcocapitalista on August 26, 2019, 02:24:53 PM

Quote from: Iamtutut on August 26, 2019, 01:34:19 PM

Quote from: Anarcocapitalista on August 26, 2019, 01:02:07 PM

Quote from: Iamtutut on August 26, 2019, 12:47:59 PM

Quote from: Anarcocapitalista on August 26, 2019, 12:07:53 PM

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.