Only as it always does, as part of the hype cycle, only to rise another order of magnitude on the next cycle.    I suspect BTC will still be gaining value long after I've moved into a privacy-enhanced successor coin.

Well if this TA was actually valid (I'm not saying it definitely is) then I think the idea is that you know that some type of event is going to reveal itself eventually because there is this persistent invisible wall at a low level where someone is distributing based on inside information, and while the whole market is bullish as hell, they keep bouncing off of this insider wall.

Does anyone else think this trend looks similar to the pre-gox-failure trend in the 800s where it kept hitting 820? I can't be the only one...

i'm also waitting for a optimized cpu minning tool, it seems that somebody has that version, now it's unfair for vs whice use the old tool~~

I am by no means an expert in chart analysis or indicators. But when I look at the 3d chart and the RSI indicator all I see is the fractal repeating itself one more time:



I find this chart particular interesting because there are other indicators the could point to trend reversal (such as the way we have been right at the top of the descending channel and possibly even broken out a few times).

Looking across the 3 sections where we have been overbought you notice that the volume has increased every time. It don't think this means anything...  It is just because Kraken has gotten more customers (which of course is a good thing )  If you think my interpretation is wrong then please enlighten me.

Why is it that bulls speak so emotionally and inappropriately while bears speak so calmly and rationally?

Another thing that annoys me is that when I write "Inevitable crash" I get 3 responses within a minute stating that I am pulling predictions out of my ass. While in the meantime if for example Chessnut predicts "CCMF" with his EW analysis (which he hasnt the slightest idea about), people are already like "CCMF" etc.

Well what bothers me is that is postponing the inevitable drop, in which case my shorts will bring me more $ than they are now.

what's the current block id?
how'll I understand my bitmonerond is synced?

Come on, think about why that reasoning is faulty for a minute. No, I'm serious. Think about it before you read the rest of this post.




Let's say, for the purposes of this discussion, that most regular people have 2 CPUs working for them. Maybe they're high end, maybe low end, but let's just look at the number of CPUs at this point. Regular miner has his 2 CPUs, now botnet miner likely has tens or hundreds of thousands. Really good bot herders can even break the 1M bots mark. You can see that even if we consider the number of bots the botner miner has as half of the total - to account for shut down PCs, loss of bots, internet connection issues on the bots, etc.- and even to tip it more in the home user's favor, let's say he has 2 of the latest i7 Extreme Editions, or hell, even high end Xeons. Even if those bots are all rocking low-end Pentiums and Semprons, the botnet miner will kill the average users by a LARGE margin.

Now, why won't this happen with GPUs? Well, for starters, botnet mining on GPUs is not advisable. Very few bots will have decent GPUs, even fewer will have high-end ones, and the user will likely notice the fan going at 100% if he's just in the room. So even if you disable it when he's on the system, his chances of noticing something is amiss are too damned high. Okay, but what about rich GPU farmers? Well, GPUs cost a lot. Not per unit, but to maintain. The more of them you have, you start having big problems. Insane, ungodly amounts of heat. Ridiculous power bills. And then you need someone who is very skilled with computers - and mining, too - to maintain the farm, because God knows GPUs that are left overclocked and running at 100% for weeks/months at a time are not stable. In short, GPUs do not scale well. A few are easy to manage, try too many, and it will cost you a fortune.

As an aside, this is why ASICs are awful: They are EXTREMELY expensive compared to GPUs, locking out the average person, they entail greater risk, as they cannot be resold if their mining usefulness ends before you thought it would, and they are plug and play, so you can hire unskilled labor to keep them running - and you'll need less labor, because they are far more stable.

Sorry, very big...

Finally, someone who knows their asshole from their elbow when it comes to botnet administration. However, you are wrong about one thing: If I write my miner correctly, the average user will never know it's there.

Hypothetically, were I to write a silent miner for a botnet, I would make it use far less CPU when the user is on it. Maybe 25% to 50% of the CPU. This is not obvious to the user, and when the system goes idle, I simply kick the miner into full gear. You might say Windows defaults cause the system to suspend/hibernate when idle, but I can easily change that from my code, and 99% of users would never think anything of it.

As this author, I know the idea is to keep as many bots as I can for as long as I can. Therefore, I will not abuse my bots by running a miner at 100% on them at any point where I think the user would notice. If someone has a slow computer, they will do a malware scan or just outright reinstall - and if they can't, they will find someone who can. This is why you keep the users happy.

So, correctly implemented mining malware not very easily noticed by most users, therefore, it's easy money.

P.S. About the DDoS thing, most users won't notice the DDoS itself, but the consequences may hit the user right in the face - people being constantly harassed by way of a DDoS have a tendency to start sending notifications of abuse to the ISPs of the bots. If the ISP contacts the user because they keep getting abuse emails, that's something the user would have a hard time ignoring if they tried.

Ok. What are you can accept as evidence? Other words, what you want to see?

There have been already so many jorges. Always with the same arguments. Over and over again...

Yes, I can't prove that, I didn't see any proofs. But I don't think that he lied us. There is no reasons.

The more valuable the CPU only coin is the more you can expect botnet to be used. Im affraid but if the coin is as valuable as Bitcoin, botnets would have majority of mined blocks.