Bureaucrat: Ha! That bridge has excess capacity. If traffic gets too high, we'll just increase the tolls. Most of those schmucks don't really need to go anywhere anyway.
Bureaucrat: That bridge was intentionally designed with low capacity to prevent invasions! Widening it would be a dangerous departure from historic bridge operations.
Blockstream Saddles https://www.youtube.com/watch?v=SbWg-mozGsU |
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Blocks are consistently far from being full!
This is true. We still have some time. But the nature of exponential growth means we will hit it fairly soon and hard. It will also start to be an issue before 100%. I'm not sure what the exact level would be but I'm thinking around 85% |
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Nice additional info ChartBuddy  I need to rework it a little. |
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Jeff Garzik on the Stalling Bitcoin conferences: https://medium.com/@jgarzik/bitcoin-is-being-hot-wired-for-settlement-a5beb1df223a#.82qumsxbyOne of the explicit goals of the Scaling Bitcoin workshops was to funnel the chaotic core block size debate into an orderly decision making process. That did not occur. In hindsight, Scaling Bitcoin stalled a block size decision while transaction fee price and block space pressure continue to increase. This is far from fucking over. I'll schedule a meeting so we can select a committee to have a discussion about who should arrange a conference... |
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Come on reach that $500 mark that everybody is hoping for. So close now bring a well deserved gift to all the holders out there. Where is bitcoin Santa anyways? No giveaways this year for Christmas???
They banned posting addresses for giveaways, which forces people to either link to a giveaway on another forum, or request people pm addresses to them. Nevertheless I thought there might have been a few giveaways on Christmas eve. Perhaps there might be a few on New Years eve. Can always post private keys on a first-come, first-served basis. |
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Hi.
have a question about p2pool "payouts"
atm i see Current payout: (0.0034)=0.0034 BTC what makes that go UP/DOWN ?
when i started about 1 week ago it shows me 0.0100 3 days after i got pay out 0.01 or there abouts.
this time i took 4 days and i got much less dont know if its the current payout or something else.
i dont have massiv GH speed only 2 Antminer s1 @200Gh
It goes up when you find a share. They expire over time though so hopefully you'll reach a fairly steady state with some fluctuations. How much you get depends on the pool rate and luck. The pool rate is down right now so you'll get a bigger share than when it was higher. How often you get it depends on the difficulty, the pool rate and luck. difficulty is up, pool rate is down so it will be less often. |
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The bitcoin protocol is almost complete now and will hardly ever change from now or else it will risk catastrophic failure.
As if. They're lumping in new, barely tested stuff from their pet projects all the time. |
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its the christmas choochoo
Put on your moon hats. |
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I feel so weird finding myself as the only one who thinks it was even worse than the prequels...
Well, I have to disagree with you for now then. But we watched the originals last week at home and will probably watch the prequels in the coming week or two so it will be interesting to compare. Do bear in mind that I am making some allowances for the fact that when I saw the originals, I was in single digits age-wise. |
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Those final scenes are breathtaking on Imax.
I may still go. I'm just not a big fan of the 3D. I was also in danger of getting spoilered though I have to say, it would not have been that devastating to me, personally. |
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(sorry, saw "The Force Awakens" last night)
how did you like it? I thought it was definitely good and in the spirit of the original 3. I did feel it largely did it by reusing the same formula though. It was a bit light-weight but the next ones could be interesting. I kinda wanted to see it in imax but the only one I could find in range was only doing imax 3d so I just went local. |
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Maybe the word "produce" is not the same for you than for me, but for the Oxford dictionnary it is: Make or manufacture from components or raw materials.
So teachers, singers, writers and developpers don't produce anything? The definition of the Oxford dictionnary is Marxist (I am serious, Marx thought that production implies a kind of physicality, which every body nowadays -except you and the Oxford dictionary guys- knows is a totally backward way of seeing things). Quite. There's a reason for the phrase "goods and services" |
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If you can't understand that then I can do nothing for you. Go buy your bread that's made from flour exchanged in average 30 times before reaching your baker, and that would certainly be much cheaper without all those exchanges.
What about the futures market where the baker can buy his flour for next year for $50 and if the market price rises to $60 the trader eats the loss? |
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And when the total number of cars in the world is 1000 and the total number of cars sold by traders in the world is 46 000 what it the use of the vast majority of traders and trades? Cause that's exactly what happens with lot's of ressources.  My friend, I think you are seeking deep illumination when you seem to lack some of the tools for understanding where people are coming from. Not that that is a failing but it is something that should be corrected. There are many great writers on this subject worth reading, I'd probably suggest Hayek. Some might like to suggest others. To be sure, there are many aspects of trading that are on the "dark side" (sorry, saw "The Force Awakens" last night) but in and of itself, it is a net good. Car traders do often sell and buy cars from other traders FWIW. A car might have more value in one market than another. |
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Do traders provide some benefit to the system? (no just BTC traders, but traders in general) or they are just plain parasites?. It would be nice to listen at least some protraders opinion if it even exists.
A priori they look as pure parasites, but somehow a prioris use to be wrong.
Interesting debate while price go sideways
Consider you want to sell your car. Consider that nobody wants to buy your car this month. Consider that someone may want to buy your car next month. What do you do if you could use the money now? You go to a used car trader and sell your car to them. They make money on the deal. Are they stealing from you? Are they stealing from the eventual buyer? (OK, maybe used car salesmen are not the best example but hopefully the lesson is absorbed) |
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If there's one thing that isn't "core" to bitcoin, it's lightning. There are many parts that are in the code for bitcoind that shouldn't be there. Most notably the wallet but other parts too. If a true, proper bitcoin core were written, a lot of this nonsense would sort itself out as obvious. Unfortunately, Satoshi failed to implement proper code separation and a lot of the problems that we see extend from that. (Not that core shouldn't provide a wallet but it should be a separate piece of software) |
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There were a lot of people didn't take a liking to Jorge but he's definitely always been sincere and honest in my book. |
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