First time seeing the !!ATH!! live on blockchain, excited!

... how little intuition I still have for exponential. 256 bit uncrackable??? well yes.

What is Satoshi doing now? Retired or forging the next big thing?


A country can't just make BTC their currency, quite the absurd thought. On a related note, my government doesn't even accept e-mail.

They surely can take down bitcoin but that will be much like taking down Fulltilt/Pokerstars or Silkroad, public attention rises and new ones sprout.

Pretty sure you are in the wrong section.

I'll give you 10:1 MtGox stays below $1000.

Good posts DeathAndTaxes, thank you.

Better sell before it collapses.

Never sell it will keep booming even harder.

Choose one.

oh ok thanks.

So say I find an input which hashes to a difficulty above the current one. Instead of n leading zero I get n+1 or n+2 etc. Does it make sense to withhold the block? Especially if I get a bunch of those, like a mining pool would, they could spam once the difficulty actually does goes up, force another difficulty increase because of that, spam again, etc, until some others are pushed out of profitable mining.

Probably doesn't make sense but yeah I was curious if that thought makes sense.

USD crashing helps reaching USD ATH

If we were guessing numbers 0-10, double guessing would indeed make it less efficient by a lot. But we are number guessing 0 - 2^265, so avoiding double guessing will be more than negligible if you look at the efficency.

ZeroBlock is the first cross-platform real time Bitcoin market data and aggregated news feed. http://www.zeroblock.com/

around 1% of my net worth

yeah how did this gap close so quickly? did I miss some gox news?

I should start speculating. I don't believe it's that unpredictable with only a few news sites and few exchanges with open order books.

ty Danny, appreciated

Thanks for responses.

Alright I didnt think about the fees at all. What happens to transactions without / with super low fees? They simply don't get included if the one who mined the block doesn't want to right?

However, these non-blocked transactions must still show up somewhere, like be stored as "please insert me for free" somewhere? Is this still spam-able?

If there is enough transactions to take up more than 1 MB then what? The block can't take them and transactions stack up?

This is probably discussed and answered somewhere but

Can the chain become too long?

What if I spam transactions? Like send micro payments between millions of my own accounts?

How many places actually need to store the whole chain? I got it downloaded now but it's quite large already and it's probably gonna get longer faster than memory prices drop?!

Thanks