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461  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2015, 04:11:32 PM




462  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2015, 03:49:13 PM


463  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2015, 02:18:29 PM
464  Bitcoin / Bitcoin Discussion / Re: Barclays centre using the blockchain!!! on: June 23, 2015, 10:48:09 PM
They're looking at blockchain technology, which is quite different from BTC itself. I believe Barclays and a pool of the world's largest banks could create their own blockchain, to move money between themselves, and only between themselves.

Oh that may work... However how do they go about verifying the transactions so no shenanigans take place?
465  Bitcoin / Bitcoin Discussion / Re: Bitcoin Block Size Conflict Ends With Latest Update on: June 23, 2015, 03:23:48 AM
Moore's law is not a law but a trend. The bitcoin foundation already went almost bankrupt betting on a trend.

We can increase the size when the trend materialises, not before.

btw I am pretty sure my internet speed in Australia did not increase x8 in last 6 years.

Decentralisation is Bitcoins unique killer feature and I believe it should be the top priority, even if it results in slower user growth short term.
 

Moore's law now is used in the semiconductor industry to guide long-term planning and to set targets for research and development.
The capabilities of many digital electronic devices are strongly linked to Moore's law: quality-adjusted microprocessor, memory capacity, this trend has continued for more than half a century, "Moore's law" should be considered an observation or projection and not a physical or natural law.

Moore's law describes a driving force of technological and social change, productivity, and economic growth.
Gordon Moore in 2015 foresaw that the rate of progress would reach saturation: "I see Moore’s law dying here in the next decade or so."

However, The Economist news-magazine has opined that predictions that Moore's law will soon fail are almost as old, going back years and years, as the law itself, with the time of eventual end of the technological trend being uncertain.

Hard disk drive areal density
Quote
– A similar observation (sometimes called Kryder's law) was made as of 2005 for hard disk drive areal density.[119] Several decades of rapid progress resulted from the use of error correcting codes, the magnetoresistive effect, and the giant magnetoresistive effect. The Kryder rate of areal density advancement slowed significantly around 2010, because of noise related to smaller grain size of the disk media, thermal stability, and writability using available magnetic fields.[120][121]

Network capacity
Quote
– According to Gerry/Gerald Butters,[122][123] the former head of Lucent's Optical Networking Group at Bell Labs, there is another version, called Butters' Law of Photonics,[124] a formulation that deliberately parallels Moore's law. Butter's law says that the amount of data coming out of an optical fiber is doubling every nine months.[125] Thus, the cost of transmitting a bit over an optical network decreases by half every nine months. The availability of wavelength-division multiplexing (sometimes called WDM) increased the capacity that could be placed on a single fiber by as much as a factor of 100. Optical networking and dense wavelength-division multiplexing (DWDM) is rapidly bringing down the cost of networking, and further progress seems assured. As a result, the wholesale price of data traffic collapsed in the dot-com bubble. Nielsen's Law says that the bandwidth available to users increases by 50% annually.

Source

The correct answer is to go with Gavin's idea except double the block size every 4 years instead of 2.

We can fork it again later, but with the more conservative approach, you can give some love to the Chinese and keep them happy.

Gordon E. Moore, co-founder of the Intel Corporation and Fairchild Semiconductor, In 1975, he revised the forecast doubling time to two years.
The period is often quoted as 18 months because of Intel executive David House, who predicted that chip performance would double every 18 months (being a combination of the effect of more transistors and their being faster)

How long will it take for all the 21 Million BTC subsidy to be unlocked? Perhaps it was too fine tuned with Moore's law.

Physical data storage Kryder's law and with new solid state memory technology may have accelerated this area of development into Moore's law territory.

Network bandwidth tuned to Nielsen's Law.
466  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 22, 2015, 11:13:30 AM


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467  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2015, 03:40:40 PM


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468  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2015, 12:35:48 PM
469  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2015, 12:09:25 PM
470  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2015, 10:24:01 AM
Shorts creeping up.

Alexis Tsipras Greece, Prime minister in his speech says that they will work to become the central hub of commerce and economic activity linking the region by working with its regional partners outside of the EU and use its EU membership to bridge the EU to other regional partners. I would not be surprised if they work with Russia and the bricks to strengthens Greece Ties With Gas Link Deal to Europe

Alexis Tsipras Greece, Prime minister in his speech says that the EU as a solution to the debt crisis is the old defunct way and in light of the "NWO" they choose to look outside the traditional options for their solution.

Alexis Tsipras Greece, Prime minister and the People of Greece are certainly at the crossroads and looking to strengthen its regional partners outside of EU and by doing may set a new president for the region.

https://www.youtube.com/watch?v=mrguGqWHiFk

How will this play out for Bitcoin valuation this coming week?



10 Minutes later.

471  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2015, 03:19:18 AM


15 Mins Later


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472  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 20, 2015, 12:53:51 AM


https://www.youtube.com/watch?v=w81g199L8YA

Please don't bump his selfie stick!
473  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2015, 11:46:52 PM
474  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2015, 09:34:37 PM
475  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2015, 12:50:32 PM
476  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2015, 12:11:09 PM
477  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2015, 09:39:59 AM
478  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2015, 09:31:28 AM
479  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2015, 07:36:53 AM
480  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 19, 2015, 05:11:21 AM
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