It's Sunday, normal. However what is the latest game of chicken people are playing with Bitcoin?

Aaand it's going the wrong way. Come on, hit 4k

More importantly is the support it would have to drop by in order to still pass. At this point I think my math is 40/56 blocks=.71428. So if 72% of the remaining blocks mine true it will pass (luck willing of course, smuckpool could somehow mine all the remaining blocks no)

I would guess 9 hours+1.8 hours from now (54 blocks remaining to lock in, 80% needed, block every 10m). Yes, we will lock in iff support stays the same. However if a pool plays short and then withholds support at the last minute it could fail.

C

Indeed. Not rich yet, going back to work work....

Wait, it did not lock in yet, did it. Still time for masses of miners to stop signaling in a big dump fuck.

Hm.

So I see BIP passed. Interesting, miners kept screwing with it till the wire.

Looks like some miners like to play the game of chicken. Fair enough, but chicken loses out to tit for tat every time.

Interesting.

PS: Thank you for the rocket pic. Now moon time!

They do that.

Hey, there are benefits to running a no fee pool. This is one of them.

Use p2pool for fuck's sake :-)

No, people are dropping it just below, then buying the dip, traditional market manipulation. Expect this to go on till the last minute.

Straight Segwit would have required 95%, which means one dick pool owner could screw it and took weeks to lock in. Too slow, too long, too much opportunity for fuckage and endless manipulation.

Let's see what happens.

Close. I run a business here fixing miners and as such I need to make sure I have USD to pay taxes. Thus every quarter I need to convert BTC to cash in order to ensure I have the taxes paid.

This comes from the 1999-2000 Dot.com crash when many of my friends got huge stock options (that needed to have taxes paid upon granting at the strike value received) but then did NOT sell a portion of those stocks for the cash, then had stocks go to zero and found out April 10th that they um... owed a million in taxes, payable in 5 days. Oh and they had no jobs either.

Maximum fuckage. So as a matter of principle I do this religiously even though the amounts are much smaller. :-)

C

I think of it this way: It's a luck sink: I lose out on small things like this instead of big things like health, friends, big chunks of cash, that sort of thing. Because it all balances out on the great cosmic blockchain....

Thus my bad luck is your good luck. Use wisely. :-)

So I sell 2k worth of bitcoin at 1980 and now the price is up to 2130 and rising. As always you're welcome everyone for my fixing the price slide.

(This happens a lot to me. Last time I gave up on p2pool they found 3 blocks in 24 hours. Ah well...)

Well I just sold a bitcoin for some pocket cash. $1980 a coin net, BLAH. However the machine only offered me $580. Bearish....

Then 10 minutes later I got a text from the owner. "Would you like more money?" "Sure, another $1400 would do.". "Oh we have that in the machine we'll free it up for you..."

Guy got seriously cheap coinz.

BULLISH!

As for the rest...

Man three pages of comments and not one image of a spaceman mowing the lawn. What has this thread come to.

Meantime I do need to sell a single bitcoin, need some spare change for these parts I have been buying. Sucks, but got to be done....

It was bound to happen: One of these little guys crossed my repair desk. Doesn't work, says the owner

Powered it up with a 12 volt supply (positive tip), nothing. Took off the Orange Pi, noticed the burn mark on the back, tested it by itself, dead. That explains that. Ordered a new OPi, downloaded the latest code to it, hooked it up, fired it up.

Web site comes up, put in a bitcoin address for nicehash, pools are running, no miners running. Same network I use for litecoin testing, so the net should be ok.

No lights on the unit at all which is making me wonder if the ARM chip is blown as well. Question: Should any lights come on the hashing board, is there a way to test the SPI lines to see if the miner is on the ring, and anything else I can test to see if the CPU is up or not?

If not I could reflow a new chip, but not sure if you can load the firmware on a clean chip. Likewise what's the best way to hook up to the 4 pins, adapter or cut up a USB cable?

Thanks. Interesting little thing wonder if I can fix it...

So it's time for me to drag myself out to Defcon and Bsides again. Partially to get out to Vegas, test the bitcoin machines, get drunk, and possibly teach some sessions over at the happy hardware hacking hall. Maybe I'll bring some toolz, will definitely be looking to improve my safe cracking skills.

Anyone want to meet up/grab a beer/have your miners fixed in person/etc? Should be around the 27-29th of July.

Lightfoot

Man I woke up, saw this thread and thought it crashed to 1700 or so. Then checked and it's at 2300 or so.

*yawn* Going back to bed. Worse things happen in a rain storm.

Ah the block summoning dance. May it rain blocks.