Why the difficulty leap? Can't find info anywhere. Can someone fill me in and elaborate. Thanks. everybody ready for bitcoin's largest ever increase in difficulty?
One block left. Massive new data centres using new generations of highly efficient mining chips. This is mining now:  |
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Bitstamp's not sure if it's coming or going...  |
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That hash rate!  Indeed! |
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Sometimes it's worth looking at the long term trend. It's not all doom and gloom...  |
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Gentlemen - Slightly off topic but I bring you good news. NotLambChop's life will pretty much be in ruins now  Due to abuse, newbie-posted embedded images are now disabled on these pages:
- Topic display
- Recent posts / patrol
- Previews
They're not currently hidden in PMs or on some other pages (like a user's "show posts" page), though I might change that later if it seems necessary.
Disabled images get transformed into links automatically. When the poster becomes a Jr member, the images that he tried to post previously will automatically be re-enabled (though there might be a few minutes of delay).
This extends to all past posts as well as future ones.
Fantastic news :-) |
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Has the next Coinwallet attack on the network started? The last 5 blocks look pretty full
They have been doing pre-tests on the network. The official full stress test is supposed to start on Thursday, September 10 at 10 a.m. GMT. They were late starting one of their first official stress tests, but it was because they lacked experience. Now they have some experience I think they will start the latest test on time. I'm making sure I pay a high fee for anything I send on Thursday or afterwards, https://bitcoinmagazine.com/21842/coinwallet-begins-pre-test-bitcoin-network-schedules-largest-stress-test-begin-september-10/
The Bitcoin network took a hit yesterday as CoinWallet ran its “stress pre-test” for about thirty minutes resulting in a “2-day delay and a 50 MB backlog” according to CoinWallet CCO James Wilson.
Reports are still coming in but it seems like most bitcoin exchanges and wallet companies were able to take the test in its stride.
Wilson also told Bitcoin Magazine today that the company will be running a major stress test on the Bitcoin network on Thursday, September 10 starting at 10 a.m. GMT.
From that article they state "The purpose of these stress tests [sic] is to see if the Bitcoin network can handle a barrage of very small transactions that will act like a DDOS attack" which is ridiculous because it IS a DDOS attack. It makes no sense to call it a "stress test" when in fact it is simply an attack on the main network where the effects could be easily demonstrated on the test network. It's pretty obvious they have an agenda, at the expense of the normal users of the network Their test was 4 days ago and took about 2 days to chew through. The full blocks today looked unrelated to me. Call it an attack if you want, but the fact is, 1MB max blocks make this form of "attack" much cheaper to execute as their old transactions get booted out of the mempool and they get the fees back to issue more transactions. Raise the limit and make them pay up. I completely agree, I'm all for bigger blocks too. But I just find it really annoying the way they're describing these DDOS attacks as "stress tests" |
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Has the next Coinwallet attack on the network started? The last 5 blocks look pretty full
They have been doing pre-tests on the network. The official full stress test is supposed to start on Thursday, September 10 at 10 a.m. GMT. They were late starting one of their first official stress tests, but it was because they lacked experience. Now they have some experience I think they will start the latest test on time. I'm making sure I pay a high fee for anything I send on Thursday or afterwards, https://bitcoinmagazine.com/21842/coinwallet-begins-pre-test-bitcoin-network-schedules-largest-stress-test-begin-september-10/
The Bitcoin network took a hit yesterday as CoinWallet ran its “stress pre-test” for about thirty minutes resulting in a “2-day delay and a 50 MB backlog” according to CoinWallet CCO James Wilson.
Reports are still coming in but it seems like most bitcoin exchanges and wallet companies were able to take the test in its stride.
Wilson also told Bitcoin Magazine today that the company will be running a major stress test on the Bitcoin network on Thursday, September 10 starting at 10 a.m. GMT.
From that article they state "The purpose of these stress tests [sic] is to see if the Bitcoin network can handle a barrage of very small transactions that will act like a DDOS attack" which is ridiculous because it IS a DDOS attack. It makes no sense to call it a "stress test" when in fact it is simply an attack on the main network where the effects could be easily demonstrated on the test network. It's pretty obvious they have an agenda, at the expense of the normal users of the network |
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Has the next Coinwallet attack on the network started? The last 5 blocks look pretty full
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Bitcoinwisdom down?
The site loads for me but no data... Aaaand it's back  |
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We're gonna hit, or be very close to 255 during august.
Then 400 by the end of the year
pic
Not going to happen! We aren't dropping below $270. $400 seems like a low target for the end of the year. I'm thinking closer to 600. Sure?  Starting to look like a good call. Let's see if we drop the last $10 |
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We now are approaching peak troll, as far as new pointless threads go.
True Oh well, easy ignores I can't ignore the new sock puppets faster than they're being made! I suspect they create them in advance for just an occasion like this |
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We now are approaching peak troll, as far as new pointless threads go.
True Oh well, easy ignores |
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Bitcoin Tracker One (BITCOIN-XBT) notes -- daily trading summary:
Hey Jorge, do you have a thread for this and the BIT shares? They're good summaries and might be worth their own thread. Also, there appears to be a significant uptick in the volume of this one over the last week There are already threads that discuss and keep track of those instruments, but they may not be be updated regularly: KncMiner XBT: 3175 BTC traded at 248$ !$GBTC Speculation, Information, and CogitationFor XBT Tracker One, my USD prices are different from those reported in that thread because I use the approximate SEC/USD exchange rate of the day, whereas that thread may be using the nominal value posted by KnC. There are also service fees that may not be properly accounted for. Thanks! |
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Bitcoin Tracker One (BITCOIN-XBT) notes -- daily trading summary:
Hey Jorge, do you have a thread for this and the BIT shares? They're good summaries and might be worth their own thread. Also, there appears to be a significant uptick in the volume of this one over the last week |
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Creeping up, aaaand 240 broken
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Someone collecting a few bitcoins with a 1btc buy every 7 seconds on Bitfinex. Been going for a while now
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Why the hell would anyone sell at 236?
The latecomers who missed the initial dump from 244. Someone always sells at the bottom I think we will see 220's also in a couple of hours. Possibly. In that case the sellers at 236 won't feel so bad |
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