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781  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 13, 2016, 10:30:43 PM
54 btc wall @220
0.14 btc gets eaten and it's moved up to 223  Grin just in front of a 37 btc wall  Cool
782  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 13, 2016, 01:35:54 PM
20 btc sell wall @195 eaten in a couple of bites.  <1 btc in the way of 200.
783  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2016, 01:21:17 PM
Meanwhile ... 21 releases better code using the new CLTV opcode to setup a micro-payments channel to dramatically increase capacity with no need for a blocksize limit increase, and no added network tradoffs. Works with any device and free to use.
Caveat: "to allow high frequency Bitcoin-based microtransactions between any pair of 21 Bitcoin Computers," true P2P, i.e between 2 PiTatoes Cheesy


The Decentralizationing!

This is misleading. They are referring to High frequency micro transactions. a small business like a restaurant could have a micro transaction tab setup without any 21 Bitcoin Computers. This is free code that works with any device.

Yes they state.........


we will be releasing a free version of the library that allows almost any device (not just a Bitcoin Computer!) to engage in device-to-device micropayments with any other device.

So will this be code open source? Cool
784  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 13, 2016, 11:21:06 AM
24hr volume on Polo is 1000 btc.  If you think the default 15 minute timeframe on bitcoinwisdom is impressive, take a look at the longer timeframes Shocked Grin

First time I can remember seeing XMR and BTC rising at the same time. Smiley


The people selling ETH have to go somewhere.

This is not because people suddenly realized how beautiful Monero is.  However they should realize it's been around for almost 2 years with good volume and improving fundamentals, maybe.

Then again siacoin also has 1000 btc volume.  WTF is that Huh  Tongue  and a price of 0.00000023 Shocked Grin
785  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2016, 03:19:10 AM

This sinister sounding abbreviation keeps popping up.

Quote from: gmaxwell
BlindMayorBitcorn, I can't help but observe that flooding a thread with tripe-- as you appear to be doing-- when it isn't going your way is literally straight out of the GCHQ public communication subversion playbook.

I really ought to know what this is I'm a part of.

Who we are
GCHQ is an intelligence and security organisation, working to keep Britain safe and secure in the challenging environment of modern communications.

Read more >>
786  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2016, 02:35:44 AM

Difficulty:   144,116,447,847
Next:   178,425,017,594
Hash Rate:   1,236,498,466 GH/s


Estimated Next Difficulty:    178,784,614,714 (+24.06%)
This is a clear sign of going up... miners investing more and burning more electricity in anticipation for bull run.


There has also been new more efficient asics deployed.  I have no way of knowing what portion of the increase is due to what.

If things go as usual the bull run should happen right before I get fresh fiat next month Tongue
@ the world revolves around me Roll Eyes

787  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2016, 01:54:01 AM

Difficulty:   144,116,447,847
Next:   178,425,017,594
Hash Rate:   1,236,498,466 GH/s
788  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 12, 2016, 05:30:11 PM
the vacuum-subtracted von Neumann entropy evaluated on the null boundary of small causal diamonds gives a consistent formulation of holographic gravity
789  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 12, 2016, 11:31:12 AM
aminorex, dome and no doors?

Woman Trying To Pee Dies After Falling Between Subway Cars
http://gothamist.com/2015/09/06/woman_dies_after_falling_between_su.php

Con Ed has plans to use steam for air conditioning.  Perhaps it could be used for mining Monero. Cheesy

Just wish they would finish fixing their pipes on East 35th St. Tongue
790  Economy / Gambling / Re: SwCpoker.eu | No Banking, Only Bitcoin | Bitcoin Poker 2.0 LIVE NOW! on: February 12, 2016, 11:09:43 AM
What's legacy graphics mean in settings?

When the software was being developed they changed the graphics after which some people were having problems so they put the old graphics as an option.  This was before Seals/SwC took it over.  Before SwC I used to use that option but I haven't used it since SwC.  I guess that's because of the improvements they made to the software.
791  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2016, 12:45:23 AM
Segwit is more like 1.3MB equiv, to 1.75MB equiv in a rosy scenario. It also gives a heavy discount to signature heavy transactions like the vaporous LN. Most importantly, the "soft" fork method allows no room for protest at the node level.

It has the added "benefit" of leaving all non segwit nodes in a half broken state, not able to fully validate. All done without their request or permission.

way to understate segwit.

1.75x incess is HUGE!

scaling bitcoin isnt about how big we can make the blocks, but how efficiently we can use block space

At the end of the day you can only put so much data in a 1MB space.  When all options are exhausted the only path forward is to increase the blocksize.  So truthfully, scaling bitcoin is about BOTH "how big we can make the blocks" and "how efficiently we can use the block space."

This seems self evident.  Maybe if "both sides" take ecstasy the conflict will be resolved and solutions found  Kiss
792  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 09, 2016, 12:38:44 AM
Gold is up almost 15% without any noticeable pullbacks yet this year. This is straight connected to the dropping Stock markets. The Goldprice is a straight measure of market fear.


This is the time for bitcoin to shine like gold does. If we dump just like the stock markets do I don't see many people looking into bitcoin as a possible investment in bad times.

Gold is up because it solved its block size problem.

you've fallen into Gavin and Mike Hearns govt. doublespeak language trap, there is no "blocksize problem" ... there are only transaction capacity challenges that are largely solved and are being implemented and technological growth constraints that can be adequately worked with.

You are correct that it is a transaction capacity problem.  I didn't realize it was largely solved and being implemented.

A few points of clarification please.

What transaction capacity is needed?
Being that the transaction capacity challenges are largely solved, would you please list what those solutions are?
What is the timeline for the implementation of these solutions?
What will be the transaction capacity be when these solutions are implemented and how does it compare to the needed transaction capacity?

Thank you.
 
NP I'm amazed you don't seem to be aware of the capacity increases roadmap and screeds of pages of discussioon that been written about it by now, but here is the link https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-December/011865.html https://bitcoincore.org/en/2015/12/21/capacity-increase/ and a FAQ link seeing as you have lots of innocently leading queries also it seems https://bitcoincore.org/en/2015/12/23/capacity-increases-faq/


Thanks, 70 hr work weeks leave my brain a bit mushy.  At least I can be on BCT for some of that time.  I remember starting to read that 12/7 writing by Maxwell and then merely bookmarked it and never got back to it.  The FAQ puts things in an easier format for me.  It is now bookmarked Grin

793  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 08, 2016, 11:55:50 PM
Gold is up almost 15% without any noticeable pullbacks yet this year. This is straight connected to the dropping Stock markets. The Goldprice is a straight measure of market fear.


This is the time for bitcoin to shine like gold does. If we dump just like the stock markets do I don't see many people looking into bitcoin as a possible investment in bad times.

Gold is up because it solved its block size problem.

you've fallen into Gavin and Mike Hearns govt. doublespeak language trap, there is no "blocksize problem" ... there are only transaction capacity challenges that are largely solved and are being implemented and technological growth constraints that can be adequately worked with.

You are correct that it is a transaction capacity problem.  I didn't realize it was largely solved and being implemented.

A few points of clarification please.

What transaction capacity is needed?
Being that the transaction capacity challenges are largely solved, would you please list what those solutions are?
What is the timeline for the implementation of these solutions?
What will be the transaction capacity be when these solutions are implemented and how does it compare to the needed transaction capacity?

Thank you.
 
794  Economy / Gambling / Re: SwCpoker.eu | No Banking, Only Bitcoin | Bitcoin Poker 2.0 LIVE NOW! on: February 08, 2016, 04:40:15 PM
When the site will hold a turnament..?? . I am interested to try to play in this site. The given site look very interesting, and I am glad to be able to follow the next turnament


Wut?  All day every day.
795  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: February 07, 2016, 04:35:27 PM
https://forum.getmonero.org/6/ideas/2480/monerodo-os-development-maintenance-and-variants

Good idea.
796  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2016, 03:43:23 PM
http://www.coindesk.com/private-satoshi-roundtable-bitcoin-exec-scaling-debate/

"To be held from 26th to 28th February, the event follows the inaugural edition of Satoshi Roundtable, which garnered criticism at the time of announcement for an alleged lack of transparency and air of secrecy. Though it eventually opened its doors to limited media presence, this year's event, by contrast, will be closed to the public."[/b] Grin Cool Tongue

"The attendee list also includes bitcoin startup CEOs such as BTCC's Bobby Lee and Align Commerce's Marwan Forzley, as well as representatives from Bain Capital Ventures and Fidelity Labs."

Bain Capital Vultures brought to you by the likes of Mitt Romney and friends.

I repeat, closed to public.  Open source and decentralized, whoopee!!
797  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 07, 2016, 03:29:49 PM
Christ....I remember when this thread was about walls, trading, speculation and general 'doom' or 'moon'...now its just page after page of people talking incomprehensible blockchain bollox and petty politics.

There has always been some sort of crisis threatening the very existence of BTC, get used to it.

So, all the bed-wetters getting worked up about this: you do realise there are entire sections of this site devoted to these topics.  Perhaps you could all fuck off to those pages and stop boring everyone me to tears with your endless segwit, hardfork fuckwittery.

I hoped to find out a reason for the $6 price increase in this thread, and I hoped people would be discussing it. Instead I found a wall of posts about segwit combined with acronyms like hf and sf. Once upon a time people would have discussed whether the bottom of this dump was in, but now it's all block size debates.

I like the convenience of finding all my Btc news in one thread.  If i want to expand my understanding of any of it I can do so.

As to why Btc went up 1.5%?  Noise, somebody bought a few Btc and it wasn't me.  I am merely hodling until last year's tax burden is settled.

798  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 07, 2016, 01:06:49 AM
Yes Consolidated Edison is the electric and steam company in New York City.  Yes they use generated steam.  Their electric rates have to be among the highest in the nation.  If aminorex and Monkey are mining there, I imagine they ain't selling.

And so goes the obscurantist Cool

799  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 06, 2016, 07:30:24 PM
When I started looking into altcoins XMR was around .00105 & Dash was .0061  Now it's .00128 XMR & .0128 Dash....Dash team went places in different countries and doing massive PR while the only PR that Monero did is spamming bitcointalk threads with an online game that most of us do not understand or care about and making useless threads by it's supporters.

Let alone the slow development that goes with XMR developers with no clear time limit or even a time guess from the developers, even if they tell us we will be finishing (insert what ever they are developing now) in 2017 this gives people something to look forward to at least.

The devs? Well they are flocking together on IRC on a weekly base, hang around and do some slow developments. Lazy bums all of them, but acting as a team. Compare that to this top notch Bitcoin Dev team and their splits and their tantrums, pulling a Hearn and whatsnot.

However from an "investment perspective" I am still shocked by the last Atrides discovery. Things like that need to get fixed. And the blockchain split last month. I've been degraded into a spectators position, watching further future unfolding from the sideline.
Tacheless, if Monero had been preceeding Bitcoin, nobody would even talk about Bitcoin, as beeing hillariously outdated from technology alone. Monero base design is showing the future path. This will take some time, however.

WTH do you mean by "last Atrides discovery"?

It is a discovery of something already discovered and to my ignorant eye it doesn't seem to be much and will no longer be anything at all soon.  The following are all the relevant posts from the ANN thread.

 
I made rescan_spent, xmr were reflected in a purse, was updated till 0-9-1-0, in attempt to send xmr wrote Error: transaction <feb341ebc7e9ed474ee1041a61dd82a67152f5ba07c6f2bc10f8cb8f8e1d2d93> was rejected by daemon with status: Failed, made once again rescan_spent, writes again that on balance these coins aren't present, and in show_transfers there is pending out 113.800000000000 f9e2551e60ec55c0caca725dd07c6e23c48175398387edfc35289f369d2cea08 0000000000000000 0.340000000000 how to return them? or to make that reached the destination?
prompt, please, how to return coins?
Try this
1. Exit simplewallet
2. Make sure your wallet.bin.keys file is securely backed up
3. Delete the wallet.bin file.
4. Exit daemon
5. Remove poolstate.bin file
6. Restart daemon
7. Restart simplewallet.
8. Wait for wallet to rescan (may take some time).
9. Check balance and resend coins
EDIT: Added steps 4-6

Thanks a lot, coins are displayed in a purse now, but I can't send them a purse Error answers: transaction &lt;6643070e524e0fbde6cb6107fe8faacacb18f9ce7f1ea43c15a126fe0c2a4513&gt; was rejected by daemon with status: Failed
demon writes [RPC0] [on_send_raw_tx]: Failed to process tx
prompt, please, as to correct it?

Currently it's a bug in Monero. Your coins are frozen until it will be fixed.
In source code exist "pending_timeout", but not realized, therefore pending coins are pending forever.

Even with rebuild wallet file and with deleted poolstate, you cannot send your coins.
The daemon gets new poolstate from other daemons (and they have you old transaction, overall) or if daemon try to send forward, get rejects from other nodes.



Doesn't that get fixed in this PR? -> https://github.com/monero-project/bitmonero/pull/630

EDIT: Atrides, could you link us to the source code where "pending_timeout" exists?


Currently it's a bug in Monero. Your coins are frozen until it will be fixed.
In source code exist "pending_timeout", but not realized, therefore pending coins are pending forever.

Even with rebuild wallet file and with deleted poolstate, you cannot send your coins.
The daemon gets new poolstate from other daemons (and they have you old transaction, overall) or if daemon try to send forward, get rejects from other nodes.

There's no such thing as pending_timeout, are you thinking of something else?

Transactions fall out of the mempool 24 hours after the local node's receive_time for that tx, the issue is that a handful of these transactions are perpetually stuck because, as you correctly state, you'll receive the transaction again if it's out your mempool and a node rebroadcasts it (there are various conditions under which this can occur).

The larger issue was a bug that allowed valid post-March-fork transactions to enter the mempool in its pre-March-fork state. That has been fixed, and we will put out a point release this week pending one other fix, as discussed in the Monero Dev Meeting this past Sunday.

Doesn't that get fixed in this PR? -> https://github.com/monero-project/bitmonero/pull/630

EDIT: Atrides, could you link us to the source code where "pending_timeout" exists?

Yes, that fixed issue.
2Mutovin, you need to compile from source, 9.1.0 has still this bug.

"pending_timeout" was here "bitmonero/external/unbound/services/outside_network.h"
But only as "struct", I thought it was planned to implement in the future.


800  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 06, 2016, 01:17:19 PM
Here are some more FACTS for you:

After I made my last post I sent transaction to myself, confirmed no problems AS ALWAYS. About 4 min in-fact, you beauty. https://blockchain.info/tx-index/b907009f9ef1e20d9d8d983e2c72186230be91ccfaf742e68caa1b95eb675af8


Hearn, Gavin et al also confirmed as FUD spreading propagandists.


Block size increase is not needed now, when it will be needed it will be increased, the core roadmap is the best plan going forward.

Everything else is based on a FUD manufactured crisis.

In the last month, I've sent around 15 transactions of varying sizes from between about .045 BTC and 10 BTC, and each time i paid around .0002BTC in transaction fees.  Each of my transaction received at least 3 confirmations within about 15 minutes.  I cannot recall any delay in receiving the transaction longer than 15 minutes in that set of transactions in the past month.

so yes, I agree, there currently does not seem to be any meaningful problem, and there seem to be several possibly consensus based solutions in the works...

Accordingly, I still have troubles understanding when the blocksize and/or scaling issues are presented as "an emergency."

When the avg. blocktime is 10 minutes how does each of your transactions receive at least 3 confirmations within 15 minutes?

I use the recommended fee in my electrum wallet yet I have had bad luck getting my transactions included in the first block.  It oft times takes 3 blocks to get included, I seem to run into those empty blocks on a regular basis.


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