You are the worst kind of idiot roach because you know enough to be a danger to yourself and everyone around you but clueless to the limits of your knowledge, unwilling to acknowledge any such limits and brimming with self-conviction in your tiny bubble of wisdom, surrounded by a universe of ignorance that you are in complete denial of.

You've totally over-thought this and somehow managed to be smack in the epicenter of intelligence for the biggest bull market humanity has ever known ... and conclusively missed it through your own arrogance. You will go down in history as one of the biggest losers ever, in all sense of the word ... right up there with jstolfi.

Buy bitcoins, it really is that simple, even for a fucking dimwitted drooling retard like you.

Still wash trading?

Or your butt-hole starting to pucker up on those shorts?

Yeah, it dropped really hard on the news of Silk Road take down and then rebounded quite robustly and suddenly, not long after ... the rebound and realisation that SR darknet activity wasn't driving btc price at that point then set off the massive rally ... that subsequently became all about China.

The strength in here given the news and previous action/set-up is making me wonder if we haven't just had another 'Silk Road' moment.

For those who recall they will know what I'm talking about. It essentially marked the beginning of the legendary Sept/Oct/Nov final wave up in 2013 ... bitcoin had been relatively flat after the 'Cyprus moment' April/May wave to 266 off 15 lows.

I think the goldman sucks call to $3600 is where we'll end up after peaking at >$12,000.

This is what first crossed my mind, AlphaBay goes dark, founder 'commits suicide', BTC-e goes down ... sounds like the whole thing went pear shaped in a shoot-out at OK-Corral kind of way.

https://www.washingtonpost.com/news/morning-mix/wp/2017/07/18/suspected-alphabay-founder-dies-in-bangkok-jail-while-online-black-market-remains-closed/

I guess we just have to wait to see how many dead bodies and corrupt cops float to the surface now.

the protection racket finally swinging into action, banks must have been getting pissed at missing out on the action and now let their dogs off the leash.

I don't see it ending well at all, I think the bitcoin and the DAO shows we can not only redefine what an 'asset' or 'security' is to route around the protection rackets but the next step is we can redefine what a 'company' is ... now that they are on our turf they are going to get a run around like they've never seen ... and the only thing all their protectioneering will achieve is to drag USA and its citizens further and further behind in the free market for innovative crypto-finance.


I mean wtf? does that even mean ... it's just some vague nonsense that says, "we want to interfere wherever we say we can interfere" ... classic protection racket mentality.


"We don't know wtf we are dealing with but we want to get involved so we can keep getting our vig from our protection racket. Please help us because we haven't got a clue what we are talking about but you guys are getting rich!"


"We've given some clueless flunkies high-faluting titles so you think we are on top of this but these are actually the girls who make the coffee when the banksters show up to drop off the brown envelopes. In fact we created a whole division full of them so it sounds even more impressive."

roger@bitcoin.com

you may have to convince him of your loyalty to the cause first ... whisper sweet nothings in his ear "Your blocks are so big Roger" ... "Everyone wishes they had big blocks like you Roger" ... you know things that stroke his ego and relieve him of his blocksize anxiety, "No, thse pants don't make your blocks look too small" ... it'll be obvious what to say but it may make you feel dirty afterwards.

the trend is pretty clear ... whenever killerpotleaf (adam) and jbreher (bear) show up here to spread more HARD-FORK-NOW! FUD and stir up the natives then price is going to drop.

pretty sure they are both on WuVer's payroll ... he throws them a few bitcoins to spread FUD whenever they get the word.

Have no idea what you're babbling about brother ... bitcoin's a level playing field for anybody who wants to run and smart enough to hide, they need to be quick or dead ... and anybody who wants to hunt needs to have a sharp eye or they go hungry. Math is the final arbiter for honesty in cryptography.

... and kind of sad to see a useful idiot for the central bank gold holdings pumping in a bitcoin forum. You seem really, really, lost.

... looks like the hard-fork-now fail army are back out on the intertubes doing the FUDster rounds again.

Everytime they show up with latest hard-fork-now FUD price dumps. They probably don't realise they are tools (useful idiots) of the bankster players.

Cognitive dissonance can do that to a guy when reality starts to poke it's ugly head through the fog of self-delusion.

You "hard-fork now" guys have dug such a deep hole for yourselves using lies and ego butt-hurt and then back-filled it with sloppy FUD, propaganda, bad ideas and worse programming. There's basically no coming back without major crow-eating humble pie and general all around ugliness.

No-one is against 'scaling' bitcoin. No-one is actually against a safe, timely hard-forking and very few are actually against bigger blocks. Your biggest problem really boils down to being butt-hurt about no-one listening to you so you kicked up a stink about things not happening on your timetable. Transaction capacity increases will be achieved in a myriad of ways. Sometimes in ways you haven't thought about and 'don't feel good about' and other times in ways you'll love ... but in the end no-one really cares about how you "feel" about a technical solution to bitcoin capacity increases.

Several 'core' BIP proposals included HF yearly block increases, even a 20% increase per year and a 2MB, 4MB, 8MB block increase ... either of which would have been in place by now and delivering bigger blocks than your recent pathetic 2MB now! current obsession, without all the governance and control shenannigans, stalling and mud-slinging at good people. The bitcoin market place for technical ideas can be brutal but it's time you built a bridge and got over yourselves.

No-one has yet proposed the solution to the problem of long-term evolution for transitioning from block rewards to a fees regime for incentivising network security. Not long after that happens the hard fork will get scheduled and then activated a year later.

cheers!

No. Fuck. Can't any of you read?

It gets locked in around Aug. 7 (450+2016 blocks from now) and then there is another 2016 block grace period before activation.

Segwit, bip141 goes active on the main chain approx. August 21.

Here to pump an altcoin bear? ... things must be getting pretty sad in the anti-core camp?

there was nothing to read/understand ... you posted a half-baked photo but didn't have anything mining specific in it, why waste time on idiots?

Next thing you know the guy is running a 'crowd sale' ICO cloud mining or presales for mining rental token contracts or some other such scam based on a glitzy looking photo.

It's really getting a lot like gold miners ... what's that saying about liars standing over holes?

Scams are getting old dude, if you want to suck up to Jihan and pump for the scammy miners go for it. Don't try to sell it as something big, shiny and new.

... the picture he posted is a diesel back-up generator connected to what looks like a UPS or bank of high voltage power switching cabinets, i.e. transformer ... all in an underground tunnel of some sort ... I guess that's what monero mining looks like, sheesh gullible idiots  

I'm not gonna bother reading the link.

yes and I noticed blocks are no longer full for quite some time now.

I wonder if all those 'spam' transactions that were being used to jam up the network but got dumped when the mempool was overflowing are recorded on some device somewhere waiting to get periodically rebroadcast and can now be mined for fees?

Super thin volumes because everyone has pulled coins out of exchanges is going to make for some insane swings ... throw an insanely, reckless hard fork in there by the largest miner and it's a recipe for a disaster (for someone). It probably wont ruin bitcoin but it will set it back by a few years.

Jihan Wu is going to go into bitcoin hall of infamy right up there along with Karpeles ... which I suppose is fitting, Karpeles wasn't the first but Gox represented the worst of the excesses of the centralised bitcoin exchange scams of the early days and fuckwit Wu wasn't the first but he represents the worst of the excesses of centralised mining scams.

Anyone hoping for some stability and sanity returning to btc might not be too happy at least until after October or so ...

... this bitcoin 'cash' ABC, BCC or whatever shit name they are calling it is greedy lunatics playing a very dangerous game, or simply morons. I can't tell how nutz things have gotten with r/btc any longer but it seems like it's on the way  to "Lord of the Flies' in there now. Inevitably the idiotic sociopaths pick up the conch and then it is all on ...

not so fast young padawan ... until it goes active then we will never really experience a block with segwit transactions in it such that it could be rejected, split the chain or be accepted and cause no forks (as per the signalled intentions). Potentially, if a majority of the miners were just spoofing the signal that they were segwit-enabled but in fact were preparing for a chain-split attack then this would be the time it would be performed ... very unlikely but we wont know for sure until that day that segwit transactions are committed to a block and that block is committed to a chain and that chain with the new consensus rules demonstrated does not split the network.

My bet is satoshi is watching over us from on high and the segwit activation and total eclipse August 21 is not a coincidence!!