An ever decreasing supply of BTC being the only way to get money out of Gox.
What of the China factor? I can't imagine plenty of them even knew what Gox was. Gox's market share steadily slipped away during the run. Dunno if that was down to being crap in general or whether people had finally wised up. Really, Gentlemand? Don't you know anything about Bitcoin? Chinese people adopting Bitcoin->Boring->Doesn't matter Mt.Gox Willy-bot trading with fantasy coins->Conspiracy->Must be only explanation |
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How can you guys justify a wild swing upwards at this point past 500$¿
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...
I go by bitstamp and so far in this most recent explosive implosive outburst, we've only seen a low of $363.73, and because of my own logistical issues, I was only able to buy a little more at $368.
... Corrected so Fatman won't tear his hair out. I don't read JJG much more, too much hair lost to that guy. |
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https://stampery.com/ - free notery service just throwing this out there, the blockchain really is useful. *notary service Public notaries exist for *legal* reasons. A *court* has to accept the notarization as valid. Start learning here  lol you really think Courts aren't going to accept blockchain tech? LOL Until then it's not a notary service. Looks like a lot of people are going to get conned by ethereum-based services this way. People don't understand that an "agreement" isn't worth shit if it's not enforceable. ethereum is a programing lang. that you use to move BTC or LTC or ETH around, and there is no single server that runs the code, the network is the runtime environment, its kinda wacky, but in a way reminds me of skynet. the best app on ETH right now is some provably fair pyramid schemes, i guess, should look into that. Is this a correction or are you going JJG on us? I think the "going to get conned" bit implies somewhere in the future. |
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Yet a payment network is all that some have wanted Bitcoin to be... I don't begrudge that, but the weirdness of the goal doesn't relieve it from having to have a logically consistent roadmap, or permit it to take down the whole currency in its failure. There is nothing in the post you linked to that suggests Gavin wanted Bitcoin to purely be a payment network. He was simply talking honestly about how he personally was planning to use Bitcoin back in 2010. Is this part of Core's new "Communication Strategy"? |
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I guess from Gavin's POV holding gold and silver makes me a "currency speculator."  I think it makes you a rapper. |
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https://stampery.com/ - free notery service just throwing this out there, the blockchain really is useful. *notary service Public notaries exist for *legal* reasons. A *court* has to accept the notarization as valid. Start learning here lol you really think Courts aren't going to accept blockchain tech? LOL Until then it's not a notary service. Looks like a lot of people are going to get conned by ethereum-based services this way. People don't understand that an "agreement" isn't worth shit if it's not enforceable. |
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I can't wait for segwit, 4x more capacity is going to make breathing much easier, and with segwit a 2MB block is effectively 8MB, throw in some more optimizations and we are ready for what's coming.
>4x more capacity Not 1.7x? not sure i saw it advertised as 4x i guess it depends on the TX, making TX anywhere from 1.7 - 4x smaller is one hell of an improvement tho. According to Bitcoin.org "Is the segregated witness soft fork equivalent to a 4MB block size increase, a 2MB increase, a 1.75MB increase, or what? I keep hearing different numbers.
The current proposal for soft fork segregated witness (segwit) counts each byte in a witness as 0.25 bytes towards the maximum block size limit, meaning the maximum size of a block is just under 4MB.
However, blocks are not expected to consist entirely of witness data and each non-witness byte is counted as 1.00 bytes towards the maximum block size limit, so blocks near 4MB in size would be unlikely.
According to some calculations performed by Anthony Towns, a block filled with standard single-signature P2PKH transactions would be about 1.6MB and a block filled with 2-of-2 multisignature transactions would be about 2.0MB." |
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nothing will happen it will go hit 400 and back down to 385 and then kinda flat line at 395
hey adam, did you wrote the first post or did you bought the account? how is the mood or your girlfirend? Hey this is adam long time bitcoin user holder speculator. I can sell you physical coins that have a mini public / priavte key pair, i got them from Casascius back in the day. this account has never been bought / sold and never will be. and despite what poeple here say, mostly all my calls have paid off well, if you subscribed to Bitmovments in 2013--2014 i motivated you to buy every dip, till Oct-Nov. and said sell at ~800. I've decided to make bit movements open to everyone this year, which has encouraged buys below 400, called the trend reversal, and is now calling bottom. I feel like shit this morning thanks for asking, coming down with a cold, my GF is fucking awesome she's giving me a blow job tonight! Are you sure it's not...  its more like  srsly shes nuts! its fun i like it, better then cassandra  Cue BMB:  |
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nothing will happen it will go hit 400 and back down to 385 and then kinda flat line at 395
hey adam, did you wrote the first post or did you bought the account? how is the mood or your girlfirend? Hey this is adam long time bitcoin user holder speculator. I can sell you physical coins that have a mini public / priavte key pair, i got them from Casascius back in the day. this account has never been bought / sold and never will be. and despite what poeple here say, mostly all my calls have paid off well, if you subscribed to Bitmovments in 2013--2014 i motivated you to buy every dip, till Oct-Nov. and said sell at ~800. I've decided to make bit movements open to everyone this year, which has encouraged buys below 400, called the trend reversal, and is now calling bottom. I feel like shit this morning thanks for asking, coming down with a cold, my GF is fucking awesome she's giving me a blow job tonight! Are you sure it's not... |
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If you prove we will not see over 10 TB HDDs in mass production in the following 6 years, then you can get some big blockers more sceptical about scaling above 2 or 4 MB. So go ahead.
You said 10-100TB, which implied a tenfold increase in 6 years. This is not likely. All we have to do is loudly demand 100TB hard drives be available in 6 years. Obnixious repetitive complaining will force those lazy, stubborn, greedy bastards at Seagate and Western Digital to come up with a solution. That's how engineering works, right?  If you want reliable drives you need to use HGST. I'm sure this will do for a while. |
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Hi, I'm a pyramid scheme contract living on the Ethereum blockchain. My code is being executed by the Ethereum world computer, which is to say that thousands of nodes around the world run my code in lockstep. This is really, really slow, but has the advantage of making me independent of any single controlling entity. Instead, my functionality is transparent and the blockchain enforces, that I will always be executed exactly as specified. You can take a look at my source code, but the gist is, that by sending 1 ETH to me, you are entered into the pyramid and stand to more than double your money if the tier below you fills up (triple, minus a 10 % fee, to be exact). Ethereum contracts sleep most of the time and only wake up and run when a transaction is sent to them. Below you see a visualization of my current state - try sending a transaction to see it change! From here: https://ethereumpyramid.com/That is sad, funny and bullish all at once. |
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Stole this from Masterluc's thread: |
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But do you know what they are for and why they're completely irrelevant to this debate? Are you just writing stuff to shut us up?
They are relevant and no I'm not. I'd like proper feedback. If someone wants to deploy multiple nodes and doesn't have a big budget aren't PI's and similar computers their best option? Regardless, I'm asking where the cut-off point is? What 'minimum sys. requirements' should full nodes have? mmkey, let's see if I can clarify: You guys obviously have no clue as to what an 'example' is. I could care less about the Raspberry PI, but I know a lot of people using those to either mine or run nodes.
Sure. I have literally hundreds of Raspberrys and Beagle Boards in my mine. But do you know what they are for and why they're completely irrelevant to this debate? Are you just writing stuff to shut us up? The Beagles and the RaspBs in mines are used to control ASICs, they run CGminer and receive and send work to the server/pool. Anyone using it in a way that's touching the blockchain directly is doing it wrong. And you seem to think everyone should run a full node. In the name of decentralization.
Wrong conclusions. I think that anyone who wishes to run a full node should be able to do so relatively inexpensively (e.g. not costing the user a fortune) and easily (setting up). I do not think that more people should be pushed into SPV wallets because of some limitation in their region (internet as an example). They should be allowed to choose. You are probably going to improperly understand this again. I do not mean that I'm against 2 MB blocks. I've been actually advocating for dynamic blocks in another debate last year. I'm just trying to point out that it is not all white and black. Good to hear. |
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Another dead cat bounce?
How many lives does this cat have left?
google search "bitcointalk.org dead cat bounce" About 6,780 results (0.55 seconds) Funny, I had only 2,550 results... Seems not everyone has the same Google  Their numbers are decreasing rapidly. They must strike NOW!!!
Meanwhile at the PwC/Blockstream meeting: "So, we can funnel all the traffic through PwC-servers with something called The Lightning Network?" |
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Another dead cat bounce?
How many lives does this cat have left?
google search "bitcointalk.org dead cat bounce" About 6,780 results (0.55 seconds) Hmmm... 6780 lives. Cats will take over the world. It will be like the human farms in The Matrix, except they will be milking cows. So... there will be a lot of farms. It will be like Wales. OMG! Welsh people are cats! That explains their freaky language! They're purring! Mind->Blown |
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Who's in bed with who again Fatty? You idiot! It's obvious that this is one og Hearns and Gavins ploys to destroy Bitcoin! Don't be so naive! |
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Another dead cat bounce?
How many lives does this cat have left?
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