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I wonder if
particular brain cells are like miners, and it takes 51% or them in coordination to keep integrity of memory/block-chain/consciousness.
Other cells store the blockchain
learning = transactions, minor block chain forks, and node/neuron efficiency upgrades eg more dendritic spines in optimal arrangement.
personality changes = forks in the blockchain
EDIT, you brain generates the blocks and coins over your life, but to a limit.
they are used for transactions the set down memories, that are ulocked by various key of neurological structures
You have a limit of coins the brain can generate,and like bit-coins you generate less over time and it gets harder, but you brain can do more with less
however, eventually the coins are lost as you neruo structure to unlock the coin from the memory block chain degrades.
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EVERYONE in this forum is a bull, even the ones that claim to be bears because if you were a bear, you wouldn't care about bitcoin and you wouldn't be in this forum to begin with.
I disagree! If we define "bull" as "one who expects the BTC price to rise", and "bear" as "one who expects the BTC price to fall", I can imagine plenty of reasons to be interested in the Bitcoin technology that don't imply bullishness - even long-term bullishness. There are people who think that the blockchain technology is the future of currency, but see the Satoshi implementation as riddled with instabilities or bad design decisions that will require a new blockchain to (and thus, the eventual abandonment of BTC as current money) to resolve. There are people who simply believe that the practical use of BTC is too niche to justify a half-billion total nominal value - who reject the "rocketship or nothing" dichonomy and expect the price to eventually stabilize at something more like $13/coin. There are miners who think BTC will fail in the long-term, and are just here to get their block rewards (cashed out for fiat) until it happens. And that's not even counting all the people who think BTC will go to the moon in a hundred years, but think it'll revisit $2 before it gets there. this is me And that's not even counting all the people who think BTC will go to the moon in a hundred years, but think it'll rmay evisit $2 before it gets there. but then i will mass buy I think there are enough tech head in BTC to solve Blockchain/BTC tech issues as they arise, the recent forK debacle did show resiliance infact if you think about it the fork had the opposite effect to the Cyprus eu fork |
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Until there is a massive adoption of Bitcoin in a paticular sector (i,e, gambling, craigslist) there will not likely be long term investors. People only seem to understand stocks and currencies of which Bitcoin is really neither. Currencies are subject to unpredictable inflation, and stocks are subject to inside information. Bitcoin is being treated like an unknown quantity with fear and doubt. This is unjustified because it is based on math. Sure there are unknown factors, but the chance of Bitcoin crashing are about the same as having a house-sized meteorite fall on your head. This game of buying and selling for short term profits will end when some visionary investors around the world get educated about the power of math.
We should organize a workshop/seminar, in some expensive ski resort or something, with a hefty entrance fee of something like $25,000. Make it invite-only. Seed some rumors Satoshi might show up. There is no such thing as insider trading, as they cannot know the future with certainty either, infact insider trading is better allocation of resources faster |
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They are equally vulnerable.
Quantum attacks on the hashing algorithm are utterly irrelevant. The best quantum algorithms give you a big advantage in making hashes, but doesn't let you make them at will; the difficulty will adjust and life will go on. The only relevant quantum attacks are on the digital signature scheme that protects wallets from thieves, and both Bitcoin and Litecoin use ECDSA (which can be broken by Shor's Algorithm).
OK question answered, blockchain safe, wallets fly open...(except for the send once to new address always scheme) |
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OP: throwing darts on the wall
+1 yeah...nah I'm slightly crhonopositive.... |
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This is just how I was thinking when we moved from $12 to $15, good luck playing those cards.
so $2 crash to = 7.5 devaluation, so back to $7 $9 dollars from 50 - 60.... I don't care if is goes to 7 I will by the F8CK out of that and not care that i bought at 50 - 60 as it will recover, as it has from 2 to 30++ In fact even better so I can afford more BTC, I would view it as getting BTC at a huge discount from people who got scared!!!! Wtf? Bitcoin is not going to be $2 for the foreseeable future. The previous crash was because people thought that there was no future for Bitcoin. I was replying to Adrian X implication....! |
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75 is too fast too soon. I expect a consolidation around 60-65, maybe a few minor spikes trying to break up but with no real momentum.
This is what my money's on. Literally. I am assuming you are using options or something similar. If you can handle the brain-melting aspect of the video, this might be appropriate: http://www.youtube.com/watch?v=kdvTkddp1F0Hope you have damage control. Yeah i am fully prepared for BTC to become worthless and loose every cent the way I see it the upside benefit of loosing 5 - 10K is well worth the risk or getting 100K - Xmillion over a 5 -10 year horizon So yes have full damage control = will accept 100% loss. |
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This is just how I was thinking when we moved from $12 to $15, good luck playing those cards.
so $2 crash to = 7.5 devaluation, so back to $7 $9 dollars from 50 - 60.... I don't care if is goes to 7 I will by the F8CK out of that and not care that i bought at 50 - 60 as it will recover, as it has from 2 to 30++ In fact even better so I can afford more BTC, I would view it as getting BTC at a huge discount from people who got scared!!!! |
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75 is too fast too soon. I expect a consolidation around 60-65, maybe a few minor spikes trying to break up but with no real momentum.
I was wrong last week in predicting a drop after a rise to $60. I don't see where such a drop to $51 would come from now. If I see any prices below $55 - $56, I'm buying more; and I expect many others will do so too. Ultimately most won't be that quick so prices that low are unsustainable.
That said, I think $100 is do-able in under 9 weeks. 9 weeks at the latest.
what happened inmho is that it hung round 40's to long and the block chain for spooked the market crashed to 30's but the market saw how reliant it was back to 40's in no time having assimilated this the market is making up for lost time, but no one wanted to push into the 50's, but once breached, 50 - 60 was all make up time PLUS cyprus is a massive indicator...i mean who would have believed a govt would come out and do/say that so bluntly....how stupid are they...... Plus the US quasi recognition of cryptos or whatever that was View point :: Essentially Govt can not be effective coordinated by a model that was used / invented 100's of years ago, Cryptos are finally the vehicle to sort this out. They are essentially strip mining out the parasitical effect or govt/over regulation/bad regulation. They will provide a new paradigm of societal organization.... its not that the BTC is rising, it is that BTC/LTC/TRC et.al can re organise, govt/social/ individual behaviors more efficiently. So all those politicians, and bureaucrats especially (for they are legion) making millions photocopys of everything and binding, which face is what 80% of bureaucrats cost is, has finally found a way to be circumvented. Even if BTC is taken down, pandoras box has been opened. It will not be able to be stopped in some form or another. |
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And back to 60,
ok I think it will rally to 75 3 days
and then correct back to 63, and hang around there 1 week
for a while before next rally to 82 correct to 78, 2 - 3 weeks
then to 98, back to 92 4 - 6 weeks
and 99, 6 - 8
then through the 100, 9 weeks
the 100 to 112 12 weeks
correct to 105 13 - ...XXX
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maybe someone just want to close that mini-gap left behind a couple of hours?
edit: @53,875
got closed, "correction" finished? Anyone invented a term for the gox lag yet ? glag |
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and on to business as usual?
$50 - $51 floor for until the next jump
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Probably bears buying back higher. Like Doc said, sell high buy higher, this never fails.  reverse buy in bears vs Perma Bulls who wins????Fkd if know lmao seriously |
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Exactly... Sometimes things don't pop.
I've witnessed the China real estate "bubble". People made fortunes while many stood at the sidelines shouting "bubble". It wasn't. Immature markets inflate quickly. When we look back, we realise how cheap things were.
This I was in china Shanghai in 2005 I looked at real estate prices and could not believe how cheap it was considering the infrastructure level I was right Yeah me too... since '99.... from cheap-as-chips houses and empty nightclubs to London prices (and Lamborghinis on the streets) in a decade. And no big pop at the end of it -- just a market levelling out. Dead right the only problem is security of tenure for foreign owner and how to buy....its quite a nightmare....and they can easily kick a Westerner out for a million reasons |
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LTC v BTC Quantum attack which is more resistant?
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Exactly... Sometimes things don't pop.
I've witnessed the China real estate "bubble". People made fortunes while many stood at the sidelines shouting "bubble". It wasn't. Immature markets inflate quickly. When we look back, we realise how cheap things were.
This I was in china Shanghai in 2005 I looked at real estate prices and could not believe how cheap it was considering the infrastructure level I was right |
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This can will end with the Euro taking a serious hit as it undermines has undermined every bank in the Eurozone!
FTFY The horse has bolted. All the activity you see now is a bunch of clowns running around and locking doors of the stable. Too little too late. They have showed their hand and everyone with a brain now knows what are their true intentions for the mittelspiel. We had pretty good guess on this before, now we know for sure. This markets spooked Euro devalued now They have given the Tinfoil hats the hard evidence they needed 2 weeks ago it would have been scoffed at they would just take you money from the Bank Not now |
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blockchain wallet download button missing? for export keys I have to cut and paste? can see the button on some screens but not others?  |
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Rocket refuelling.. /calm before the storm
love it |
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What is this rubbish doing here? This belongs to speculation.
yeah, no... pants on fire |
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