what is the "real" bitcoin, "Satoshi vision",...

TheUltraElite

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Quote from: cipherhut on June 14, 2019, 02:22:10 AM

Satoshi's vision was vast which is hidden behind the bushes of the show-off world. The real Satoshi's vision behind inventing Bitcoin and its underlying technology called blockchain that he thought so far in the era when even technology was also young.

This topic is not talking about that. We know that satoshi has proposed that and this topic tells about the scammers trying to impersonate satoshi and trying to get people to buy their own shitcoin.

Quote from: D3m1r4wanti on June 14, 2019, 06:35:59 AM

Satoshi's very advanced thinking turned out to have a good impact for many people, including me, the creation of bitcoin greatly changed the paradigm of many people about the payment system.

I wont say that it changed the payment system but it brought in a new type of a payment system or in a broad sense, a new monetary system. Of course some people are envious of that and they want to get a piece of it for themselves. So they try the darker methods of making money that is this whitecollar crime and imposing themselves as true creators of bitcoin thus misleading people.

D3m1r4wanti

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Quote from: maianh09 on June 14, 2019, 02:30:41 AM

I think Satoshi created Bitcoin because he wanted to change the form of human payment. Satoshi can see the disadvantages that FIAT brings, so he created Bitcoin in the hope that it brings better things. Governments are controlling people because they reserve FIAT. To change this, Satoshi created Bitcoin.

Satoshi's very advanced thinking turned out to have a good impact for many people, including me, the creation of bitcoin greatly changed the paradigm of many people about the payment system.

maianh09

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I think Satoshi created Bitcoin because he wanted to change the form of human payment. Satoshi can see the disadvantages that FIAT brings, so he created Bitcoin in the hope that it brings better things. Governments are controlling people because they reserve FIAT. To change this, Satoshi created Bitcoin.

cipherhut

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Satoshi's vision was vast which is hidden behind the bushes of the show-off world. The real Satoshi's vision behind inventing Bitcoin and its underlying technology called blockchain that he thought so far in the era when even technology was also young.

BitHodler

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Quote from: southafricadude on June 13, 2019, 01:50:56 AM

BSV is completely centralized in its coding, its management (by someone who appears to be mentally ill), by its hashing power, and soon to be by its nodes too. Nobody is using it, and there is no reason to use it when bitcoin is already there.

BSV nodes are centralized too, they always have been. Craig is what BSV is built around, and this shows with how the supporters of BSV ask others what they do in the BSV camp if they don't like Craig himself.

All these silly BSV supporters are doing is show how centralized and mentally retarded their whole ecosystem is. They support Craig and not necessarily BSV, which means that they will follow him even if he supports something else.

The same applies to Bcash. It's just Roger and Jihan with one main developer being Amaury Sechet. These guys can fork and re-org as many times as they want and whenever they want....

ttcsalam

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Quote from: Red-Apple on May 25, 2019, 08:07:53 AM

you have probably heard these terms before, but what is the "real" bitcoin?
Bitcoin is not what some site like bitcoin.com or bitcoin.org or reddit,... says is bitcoin! Bitcoin is definition of a payment network that has certain characteristics and principles that make it "Bitcoin". if one of those stops being true, then bitcoin is no longer going to be bitcoin.
so lets review two of these principles:

A decentralized network based on majority's decision using proof of work
in other words the 1 CPU 1 vote that Satoshi Nakamoto mentions in his bitcoin paper in 2008 titled Bitcoin: A Peer-to-Peer Electronic Cash System.
as a result when more than 95% of the network is doing one thing, and you do something else, you would be considered an altchain with an altcoin.

Irreversible transactions and immutable blockcahin
this is the second most important principle after decentralization. it simply states that when your transaction is in a block, nobody should be able to reverse it. this has always been true for bitcoin due to its decentralized network and distribution of mining in a way that nobody controls enough hash power that can pull a 51% attack.
but when 1 miner can easily decide to reverse a transaction that he doesn't like it shows centralization of that chain + its lack of immutability and as a result it is no longer a cryptocurrency let alone be "real bitcoin".

This topic is okay but there is a doubt about the example. If you think about it, it will be properly understood which one is correct.I think they came with a good purpose.

southafricadude

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BitcoinSV or BSV is just another one of many altcoins out there.

Bitcoin is bitcoin, bitcoinSV is bitcoinSV, they are two different things. Different code, different blockchain, different miners, different rules.
It might be an instance of some of the original bitcoin code, but that does not mean it IS bitcoin, its just started as another instance of some of the original code.

BSV is completely centralized in its coding, its management (by someone who appears to be mentally ill), by its hashing power, and soon to be by its nodes too. Nobody is using it, and there is no reason to use it when bitcoin is already there.

Dont waste your time on it, stick to the real deal.

TheUltraElite

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Quote from: Red-Apple on June 09, 2019, 05:35:29 AM

but that is not the biggest problem because these people know what they are getting into. the bigger problem is when they fool newcomers into buying the wrong thing thinking they have bought bitcoin only because the site that ended with .com called it "bitcoin"!!!

One of the reasons why people ended up calling bitcoin a scam. The copy-cats are made to make money for the conmen behind them not like the community supported real bitcoin.

But those newcomers are mostly fed by koolaid gangs to buy the shitcoins. This has a fault on part of the investor because they are blinding believing everything they are told without going their research. We cant help it much but promote the use of real bitcoin and make others aware of the wrong things that can happen if they put in money into these trashcoins.

Adriano2010

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I think bitcoin will remain the "real" bitcoin, and people should always invest on it and not on bitcoin x or y, anyway they do what they want with their money, but i like that Satoshi create bitcoin and give a good opportunity for people who join crypto. But i think miners will not reverse the chain because if will do so they will lose.

Red-Apple

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Quote from: TheUltraElite on June 09, 2019, 03:01:08 AM

Quote from: thunderbitz2717 on June 06, 2019, 05:27:36 PM

For the fact that Satoshi didn't tell his name would reflect to thw his vision of decentralization in the blockchain technology. The vision is very clear, to take away those central authorities ruling the world just to have self gain rather than to serve.

And the problem lies in that the people came in the post-BCH era did not do their due diligence on what is correct and what is false. They probably went to blockchain summits that are organised every year and then came across RogVer as his chaplains who are ready to promote their own shitcoins and FUD the original real bitcoin. The poor venture capitalists being naive fall for it, even though they realized it later on the damage to their money is already done.

Even putting your coins in these shitcoins today is very risky. Such people are ready to dump at every small buy order.

most of those who put their money in these coins are doing it in hopes of big profit from the pumps they know these centralized altcoins get from time to time and based on the past they keep their hopes up but the problem is that they are not familiar with the altcoin pump and dump market so they end up losing money to their schemes.

but that is not the biggest problem because these people know what they are getting into. the bigger problem is when they fool newcomers into buying the wrong thing thinking they have bought bitcoin only because the site that ended with .com called it "bitcoin"!!!

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: thunderbitz2717 on June 06, 2019, 05:27:36 PM

For the fact that Satoshi didn't tell his name would reflect to thw his vision of decentralization in the blockchain technology. The vision is very clear, to take away those central authorities ruling the world just to have self gain rather than to serve.

And the problem lies in that the people came in the post-BCH era did not do their due diligence on what is correct and what is false. They probably went to blockchain summits that are organised every year and then came across RogVer as his chaplains who are ready to promote their own shitcoins and FUD the original real bitcoin. The poor venture capitalists being naive fall for it, even though they realized it later on the damage to their money is already done.

Even putting your coins in these shitcoins today is very risky. Such people are ready to dump at every small buy order.

BitcoinFX

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https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF

Op Ed: How Many Wrongs Make a Wright? ...
- https://bitcoinmagazine.com/articles/op-ed-how-many-wrongs-make-wright/

+

This thread topic seems to be in the wrong board ...

See here ...

- https://bitcointalksearch.org/topic/how-to-be-a-faketoshi-better-than-any-other-faketoshi-5148607

Move here ...

- https://bitcointalksearch.org/topic/ann-bsv-bitcoin-sv-original-satoshi-vision-4985868

Wink

thunderbitz2717

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For the fact that Satoshi didn't tell his name would reflect to thw his vision of decentralization in the blockchain technology. The vision is very clear, to take away those central authorities ruling the world just to have self gain rather than to serve.

Leh-Meh

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"I'm sure that in 20 years there will either be very large transaction volume or no volume -- Satoshi Nakamoto

Ucy

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Compare rates on different exchanges & swap.

There are really one of the most important characteristics or principles of bitcoin . If we stick to the principles , I believe it would help protect us against potential takeover. They are what make blockchain unique

snowblack

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Now, Satoshi is disappear. But if he still develop, I think he will change something like other Cryptocurrency do.
Attact 51% can't do if you change from POW to POW or DPOS or newer version.
Or "Irreversible transactions and immutable blockchain". We can do that if every country also have your computer connect to Network of Bitcoin.

Red-Apple

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Quote from: CARrency on May 29, 2019, 05:15:35 AM

As far as I know, that is the objective of BCH where they are aiming to make the goal or vision of Satoshi

i think you need to read OP again. you are either so out of the loop or misunderstood my entire post.
the fact that they forked without consensus and only with a tiny hashrate shows they are not aiming for "Satoshi vision" at all. and the recent roll back attack proved once again that this altcoin is centralized and from that moment is no longer immutable either.

bhabygrim

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Best Bitcoin Casino www.coinsaga.com

I think most of us missed the point of this creation Bitcoin is made for freedom for peer to peer payment,
But most of us are taking it as an investment we don't want to use it as a payment method ,
We only see it as an investment to get an easier life to gain some profit most of us see's it as a way to get rich .

maianh09

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For block blocks, you cannot change any transactions that have made when 8 confirmed. You can change the entire transaction if all previous blocks have been changed, so this is not possible. You cannot control space in Bitcoin's blade network so it will not be possible to change any of the previous blocks.

CARrency

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I don't understand. Do you mean that the "Bitcoin" that we are using right now is not the real "Bitcoin"? I guess that will obviously happen since Satoshi Nakamoto left, and its been so long without him and that will obviously make his plans out of work. As far as I know, that is the objective of BCH where they are aiming to make the goal or vision of Satoshi though most of the investors look at that fork as a money maker, free money to be given and BCH is said to be an altcoin. I don't know the truth here but since it is a fork of bitcoin that we are using now, that means it is an altcoin, right?

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