there is a lot of drama with bitcoin because of an altcoin called BCash. that drama and FUD that came with it has been causing a lot of panic in bitcoin and the market makers have been using this opportunity to short bitcoin and make profit in the chaos.
just like always when bitcoin drops, altcoins get dumped hard and whenever an altcoin dump starts the mass panic in altcoin market begins specially since now with this recent dumps many bag holders entered >90-95% loss so they are now giving up and dumping their bags so the alt crashes become a lot bigger because of it. the altcoins still being in bubbles of their own doesn't help the situation either.
Why should a shitcoin influence the Bitcoin price ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Not your keys, not your Bitcoins, porra.
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How do you like the fluctuation now?
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Find the Altcoin thread and put this topic there.
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When Satoshi was a cool mystery person we all loved him. Now that we see the real person - who would believe he would be such a complete asshole that is going to ruin Bitcoin Cash with a 51% attack.
Craig Wright is a real asshole. Fuck off Satoshi. I hate Satoshi now.
I am happy that you didn't put 'Craig Wright' together with 'Satoshi Nakamoto' in one sentence. Oooops.....
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3500 - 15000
We are near my last years prediction at the lower end. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Tips: 1AGDipJx6VYf6xNHtEhrEsjGTQ9Uerg39z
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Blockchain is just a word. It means nothing. https://en.wikipedia.org/wiki/Hash_chainhttp://www.hashcash.org/hashcash.pdffrom Satoshis white paper https://bitcoin.org/bitcoin.pdfWe define an electronic coin as a chain of digital signatures. Each owner transfers the coin to the next by digitally signing a hash of the previous transaction and the public key of the next owner and adding these to the end of the coin. A payee can verify the signatures to verify the chain of ownership. ... To accomplish this without a trusted party, transactions must be publicly announced [1], and we need a system for participants to agree on a single history of the order in which they were received. The payee needs proof that at the time of each transaction, the majority of nodes agreed it was the first received. ... The solution we propose begins with a timestamp server. A timestamp server works by taking a hash of a block of items to be timestamped and widely publishing the hash, such as in a newspaper or Usenet post [2-5]. The timestamp proves that the data must have existed at the time, obviously, in order to get into the hash. Each timestamp includes the previous timestamp in its hash, forming a chain, with each additional timestamp reinforcing the ones before it. ... To implement a distributed timestamp server on a peer-to-peer basis, we will need to use a proof- of-work system similar to Adam Back's Hashcash [6], rather than newspaper or Usenet posts. The proof-of-work involves scanning for a value that when hashed, such as with SHA-256, the hash begins with a number of zero bits. The average work required is exponential in the number of zero bits required and can be verified by executing a single hash. For our timestamp network, we implement the proof-of-work by incrementing a nonce in the block until a value is found that gives the block's hash the required zero bits. Once the CPU effort has been expended to make it satisfy the proof-of-work, the block cannot be changed without redoing the work. As later blocks are chained after it, the work to change the block would include redoing all the blocks after it.
To call this a 'blockchain' is pretty obvious in the end. The big thing is the combination of technologies, that Satoshi used to solve a problem. The 'blockchain' is just one part of the invention, which people nowadays use for any money database, no matter if public or not.
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Take a few million dollars and pump the coin to any planet you like.
a few millions? haha. you seem to have never checked the volume that some of the shitcoins have when they get pumped! it is more like a few thousands. not to mention that OP is mainly talking about profit making although it may not be obvious from the things he said. and making profit is so easy when it comes to pump and dumping shitcoins. there are coins that get pumped >1000% with 0.1-1 BTC. it may seem like a small amount of profit but you should know that this is happening on a daily basis on a couple of different shitcoins. so the aggregated profit is huge. Your moon is not everybodies moon... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Take a few million dollars and pump the coin to any planet you like.
But he wants others to pump it, so he can dump it... OP didn't say he wanted to dump the coin. HOW DO WE INCREASE THE VALUE OF CRYPTOCURRENCIES? What can we do to speed up cryptocurrencies in terms of price? Dumping would surely lower the price, which is what OP don't want to happen, so buying a lot is a speedy solution to increase the price.
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Somebody told me, that Gavin confirmed Craig beeing Satoshi only to distract from the fact that he is Satoshi. See the meta game?
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Take a few million dollars and pump the coin to any planet you like.
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If you count all Coca Colas, that have to be cooled down to 5 C at this moment, you will find out that it uses 10 times more energy than Bitcoin mining.
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Theyr'e just guessing hashes all day anyway - isn't it better to get a 2k BTC reward than 12?
There is a huge difference in finding hashes with a certain number (defined by difficulty) of leading zeros and brute forcing a private key. First we see estimated every 10 minutes and second is practically impossible.
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Does Trezor or the other hardware wallet manufactorers hold a similiar patent?
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Did happen already and it wasn't that strange to be honest.
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All depends on which Blockchain you are talking about. If you mean the Bitcoin Blockchain, then yes, it has a lot more security. If you are talking about a small shitcoin with a shitty code, then a bank might be more secure.
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Why does it matter to you, what a random internet user thinks? Would you try to convince me of your opinion, if I say yes?
That's what this forum is all about. OK. Then let's start. I 'still' think, this is some kind of a money laundering scheme. The guy(s) who got the 310BTC can easily say 'I won it' when beeing asked by his gov where the money came from. Maybe lottery/puzzle winnings are free of tax in the country of OP, while trading winnings are taxable for example. Or maybe OP has scammed/stolen money, which has to be turned into legal money. This is way more possible, than 'a rich guy who wants to give 2 Mio $ to a guy who is at least as smart as himself'
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Blockchain (wtf is this?) is only about greed (and fiat money is not?) Hold on a second..... 'mother of all bubbles' ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ? Sounds like Roubini and Rosa experienced some huge losses with their shitcoin investements. Edit: .... and they have no idea how and why Bitcoin works.
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lol@Frankie saying Bitcoin Core development is not decentralized, because there is only one github. Muhahahahahahaharrrararrarrrchchchcpfpfffffffpffff
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Crypto' comes from the greek word 'Kryptós' which means 'hidden' or 'secret'. 'Crypto currency' is short for 'Cryptographic Currency' because of the cryptographic hash function used in Bitcoin code. When you guys say 'Crypto', it means 'Cryptograhy' instead of 'Crypto Currency' So always when you use 'Crypto' for 'Crypto Currency' you show a lack of understanding.
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