 wtf is this shit that turning iron or lead into gold is not fringe science at all, but real and replicable, and the technology to do it is officially available to the world.  |
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Decent read if you can figure out the questions from the answers.. since answers are in english and questions are in chinese. One important point by Andreas in ref to the blocksize limit increase is that he does not support it at this time because of increased issues with DDOS attacks. right he says we need to wait for the fix of the sig verification process so its not quadratic but linear. classic does take this problem into account, by adding some limit as to how complex a TX can be, but ya the way segwit fixes the problem ( making the process linear rather then quadratic ) is the better fix. hindsight is always 20/20, and (as you often point out ) its fortunate we didnt rush and commit to simply bumping block limit. anderson says it best here ... looking for the quote ... The reason they have not been replaced is because the value of software maintenance and careful development is greater than the risk of “full blocks” at the moment. everything this guy says is fucking brilliant really. the bit about security Vs flexibility, brilliant! |
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my fav bit. Bitcoin will have a hard-fork, eventually, I think. When bitcoin has a HF, there will be 2 chains after the fork and there will be 2 coins. It is almost guaranteed that some people will refuse the new chain and will remain on the old chain. There are enough people with significant amounts of bitcoin who will never agree to a fork and can afford to keep mining the old chain. Ethereum demonstrated this issue very well. In bitcoin it will be much bigger, because the “old” bitcoin may be worth as much as all of ethereum (1 billion USD). It will not undermine bitcoin’s value very much, but it will cause some chaos with users, wallets and exchanges. This is why a HF needs to be very carefully planned and executed with plenty of advance notice. We also need to learn from Ethereum and consider adding some anti-replay defenses to help users maintain separation of the two chains in their wallets. I think hes right eventually we will HF but hes exaggerating the possibility of a chain split as a result IMO. if Core is supporting 2MB hardfork when the time comes ( in like 2years? ), i dont see a chain split as a possibility. I guess maybe there could be some die hard group that rejects the fork with <1% hashrate...but its not like the HF is proposing to alter the immutable blockchain, or something equally ridiculous. I disagree with the idea of adding some anti-replay defenses, the other chain should be viewed as INVALID, and there's no use catering to an invalid chain... |
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all hope is lost abandoned ship!
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wat a shit day
You disappointed me buddy... I had high hopes. Fucking tired of being in the upper-middle class  |
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1069.56BTC a few seconds ago 620.0 is satoshi is selling us his coins? |
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nice >700BTC bid wall at 620 getting eaten.
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coinbase already insolvent?
https://status.coinbase.com/they have identified an issue causing slow outbound transactions. maybe they're slow enough to get to panama before anyone knows what's really happened. or it might be a genuine problem. Remove all you coins from them now. You will read about them in the Panama papers in the following months. Ethereum is the cause of all this havoc for them. i think at worst the hacker was able to empty there ETH hot wallet? ( i would assume the vast majority of coins are cold storage? ) the damage cant be THAT BAD, can it? |
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Can't wait for the dump. When he dumps your ETC shitcoinage you deserve all you get for supporting a thief, and promoting theft.
There will be blood.
Sadly but it is the hard truth. ETC will be supporting these thieves by running under the original chain (before the hard fork) I don't know what is causing the massive pump into ETC, but I think that it will be over very soon. Maybe it's the hype, or perhaps I'm wrong?  what makes you guys think the thief hasn't dumped already? ETC's volume the past few days is way above 10% of all coins. |
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I just read somewhere that it had been attacked in the beginning
could you guys give me the story about how ETC survive the 51% attacks it sustained at the start.
thanks.
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Cheap Coin Target: 599$ I had moved my cheep coin target up when i thought that it was simply taking to long for the second leg down to come, and then it seemed as tho the triangle would break up and i got excited, but it seems i needed a lesson in patiences... however, I am not confident that we will actually reach 599$, i see no good reason to be bearish at this time other then charts are looking to the downside. to me this is a buying opportunity and we have leveraged traders to thank for it. Obviously i am biased because i'm actively buying into this, but, i think once the selling stops it'll snap right back up to 666, and then rally into 700's. my >690 in <1 week, has been set back a few days thats all. the way i see it, any minute now some news about some central bank somewhere devaluing or somthing is going to push bitcoin into the 700's never to return. and I still expect the altcoin mania to die down and people to realize that ya sure ETC or STEEM are fun neat little projects, but its not a place to hodl value, IMO alts get most of there value from their novelty which changes when the next cool new crypto is presented. Adam's prediction: >690 in <2 week Adam's Cheap Coins Target: 599$ |
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Let's look at the poll. < 650 - 8 (3%) It never fails... ya its amazingly accurate. |
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i just came across this.   |
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before the drop about 1.7Million$ in longs covered. ~6hours later... CRASH! shorts went from ~18K to ~21.7K BTC during those 30min, now shorts continue to rise. and then ~1million in new longs were taken after the drop.  not sure wtf shorters are expecting to accomplish... |
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Bet they wished they'd stuck with BTC. Oh well, you reap what you sow.  even if this is true, and i'm not gonna trust an 'insider' then there's probably something in their terms and conditions that allows them to wangle out of buying back some coin they never expected to exist, or they'll add it. I believe they should be able to settle in dollars marked market. that should be perfectly legal. also.... a bail-in might be legal who knows. is it illegal for them to operate with a farcical reserve? aren't they a bonafide "money transmitter" why is it banks are operating at 10% or less reserves and there's no run on the banks? anyway lucky for them both ETH/ETC are set to crash, i wonder if poeple will attempt to hold up these markets simply because they [believe[/b] coinbase will have to settle in ETC/ETH. sell all your eth/etc and run to BTC? |
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