The one thing I hate about Bitcoin rising is fonzie inevitable come to post his shit each 2 minutes. Was so good without him while we were at bottom. What a sad fuck.
Donīt you worry my darling, the times of a rising Bitcoin is over!Resumed and prolonged bear market has just started! MIght take 2-3 weeks until we hit the new bottom. I really don't understand what you are doing here !!! why would anyone waste their time on something they hate or think is doomed? what is the point? I don't get it .... what the fuck are you ding here ? don't you have anything better to do with your life ? you are so desperate..... fonzie dosnt hate bitcoin he likes it he just thinks we are going down and i can't blame him, it LOOKS like i'll be buying cheap coins soon, trying hard to contain my excitement! sell sell sell its going down Nope.
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No because within 10 minutes Ghash.IO would lose at least 5% hashing power due to panic ending the 'attack'
The problem is that miners won't care about US sanctions against Russia, or about Ukrainian people hating Russians. Miners even won't notice that some transactions are not being included into blocks. There are a lot of threats in this kind of situation, whatever Andreas says. And no one does anything real to prevent this centralization in the future. The system should not rely on people's responsibility. The system should be designed to work even if everyone is too stupid to change anything on his computer. Pretty sure you're trolling us now. Have fun with that.
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Because that's not what an individual with 51% mining power could do. Educate yourself.
Will Ghash.IO be able, for example, to block all transactions from Russian IPs because of US sanctions? Simply not include thos txs into blocks. No because within 10 minutes Ghash.IO would lose at least 5% hashing power due to panic ending the 'attack'
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No, it wouldn't.
I don't see why the centralized payment system "Bitcoin" (owned by GHash inc.) wouldn't be the same as Visa. Because that's not what an individual with 51% mining power could do. Educate yourself.
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(wouldn't do major damage to the system)
The system will become the same as visa/mastercard/paypal. Isn't that a major damage? No, it wouldn't. Stop trolling. As previously mentioned the effects wouldn't even last long.
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one of the main points is Bitcoin is decentralized. Allowing one entity with a large percent of the hash rate defeats this and goes against the whole idea. I really have a hard time understanding why people dont see this as bad.
Because if you looked into the "issue" it's not very impactful (wouldn't do major damage to the system) and completely stops taking effect after miners switch pools immediately following the attack.
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It will stop being asked when it stops being a problem. Seriously, it can't be that hard to understand.
But it's not a problem, seriously. Stop.
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The tired argument that the disincentive to the 51% attack is so great that no one would consider it... is a flawed argument that comes with the assumption that there are only rational actors on stage...
We all know that there are men who just want to watch the world burn... that 51% attack is coming, and it needs to be addressed.
You're an idiot OP
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My analysis (short to medium term) based on nothing but a gut feeling is the current rise is a tiny bit overextended, which is perfect for an engineered smack down designed to shake out a few loose coins to be snapped up cheap, before we resume a gentle uptrend. Long term, I think this is it for super-exponential rises followed by blowoffs. I think the 4-5 figure target is almost inevitable in the 2-5 year timeframe, but I think the route by which we get there is going to be very different to what people are used to and fraught with peril. Forgive me for the lack of chart to back up my rambling Your rambling is unsubstantiated. There has yet to be a break in the overall trend line. We're going up: https://www.tradingview.com/v/A1qSApSj/Expect a couple weeks of this stability.
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https://blockchain.info/double-spends13 14 as of 6/10/14, in the last 500k transactions (edit: went up to 14 then went back to 13, then went back to 14) This is the first time I have seen double spends while checking this section of blockchain. Can someone explain what is going on (I assume a misunderstanding)
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647-650-653 bounce bounce 647-650-653 bounce bounce 647-650-653. Can anyone explain me why the price is bouncing a bit around? Whats the point?
That's just how markets naturally move on a day by day basis. Maybe you should go outside and take a little break.
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Is this service necessary for mainstream adoption? Yes Can bitcoin succeed without an intermediate service like bitpay that converts to fiat? No Will bitcoin eventually just be kept and not converted to fiat (right away)? Maybe
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Bitcoin is the currency of choice in Hell?
If Satan comes out with the announcement we will straight to da Moon!!
Now now don't give any coin creators ideas I can soon imagine a proof of work for the Hellcoin The coin chosen by demons of the underworld What are the odds there is already a hellcoin out there? They were struggling to find new names for new clone coins. Well, the Catholic Church once sold some kind of 'heaven receipts' or whatever they are called. And when you sinned you could pay your way out of hell or something like that. So that's the original hell coin sort of. Indulgence
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I believe today will be the final day of consolidation
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We stagnated in the 570-580 range for 5 long days. Soon we'll break 700.
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What are your guys thoughts on NXT? I have been hearing a lot about it since it took 3rd... I think bitcoin in the future will be used for large payments and litecoin for smaller day to day transactions. nxt could also fit in there somewhere I think...what are your guys thoughts?
There is no sense in incorporating a whole new currency (ltc) into the mainstream for smaller "day to day" transactions when Bitcoin handles it just fine
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today we had 3 major events
macd 1w crossing ebay interview ecb negative rates
and btc price still goes down ? i expected 700+ easy for today.
what else do we need...
The MACD did not cross Not yet in the west, but it has in China... it seems like there is someone trying very hard to hold it back. China isn't as significant as people would like to believe
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