Show Posts
|
Pages: « 1 [2] 3 »
|
I will pass on this. Too bad though since nothing else launching lately ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
|
|
|
This is posted somewhere else on forum, but I can't remember where.
|
|
|
Yes, kind of. I had crush on her a long time before she started charging. Lets say I was happy to pay, and paid a few more times after.
|
|
|
I use them all the time. They are not scame.
|
|
|
Think about the good times.
|
|
|
I like to cycle it by buying rentals and mining a new coin when it launches. I lose out sometimes, but when you get the right thing it pays off all the mistakes by a long shot.
|
|
|
I have been hearing a lot of good things about Monero. I am going to get a few to hodl.
|
|
|
Ha, funny thread. Parody at its best. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
What do you think will happen with price after fork? Sure the danilla botnet causes centralization, but it also causes market action which will disappear once he is gone.
|
|
|
Ok but you guys are talking about brute force of the unluckyest parameter.
You talk about 40.000 years, which is the unluckyest estimate, for example you got 2^160 combinations, but you always estimate for the unluckiest scenario when you go through all parameters and you find the private key on the last combination.
However that is obviously not always the case, you can find the private key on the first combo, just roll the random string generator, and bam you find an address of 1000BTC.
You are not going through the combinations linearly, as in start with a and go to z, so if the private key is zzzzzzzzzzzz, you find it the last.
You actually pick random strings randomly, thus if your private key is zzzzzzzzzzzzzzzz , then you find it faster, before you need to iterate through all letters.
Furthermore, the probability increases with each iterations since you get more and more addresses, randomly, uncovered.
So if probability on first trial is: 1/(2^160) on second trial is: 1/(2^160-1) on third trial is: 1/(2^160-2)
And furthermore, because of variance, you can guess the private key much faster than that.
It's like if you roll a dice and you expect a 5, we know the probability is 1/6, but sometimes you can get 3x 5 in a row.
You also need to factor in consequent lucky permutations! You might guess 1 private address in 40k years, or 3 private addresses one after another!
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FIIZqiDB.jpg&t=665&c=W01whboNCXALpg)
|
|
|
coinbase has a wallets in circulation chart
it's many millions and the more wallets they put out the cheaper btc gets
so 21 M wallets would be 30 buck btc if you look at the most recent growth of users to value the past 18 months
lot's of new users and value is way down
so recent data shows the more people with btc wallets or btc, the less value it has
now if you got data that shows something the last 18 months use it
the big hype in btc was related to the negative news, the big bust of the pirate
oh btc is used by drug dealers, let me get some
bingo, 50 buck btc went to 1200 btc
then it's been in free fall since
millions of new users and huge value losses
so to say 21m wallets means X value has no basis in reality
you look at the big value bubble it was negative news saying btc was how drug dealers moved money around
bingo lots of newbs buying and price spike
now users is growing in mega millions as coinbase wallet data shows
yet the value is in free fall
so more users puts the value around 30 bucks
if you understand the last 18 months of negative value growth and how more users did nothing to help the value
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4xT7Ozy.jpg&t=665&c=Fsv-obOGsGlnog)
|
|
|
another shit coin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) maybe not things might still work
|
|
|
EXCHANGE NEEDED ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
Coffee
Coffee
Coffee(great minds think alike).
|
|
|
|