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I love how this is the second time gox's incompetence has turned a market correction into something more damaging to bitcoin as a whole
and here we are, with thread after thread of people waiting to log right back in
it's hard to stay hopeful for the future. even with bitcoin. proudhon, do you have a fan club?
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So, someone pointed this out on a reddit thread about how terrible gox is, but this trading platform would seem to offer what gox needs.. http://martinfowler.com/articles/lmax.htmlhave they considered this? has magical tux really not googled "open source trading platforms" to see if that problem has been solved already? maybe its harder to see around giant piles of cash than I imagine, or maybe there's something else I'm not seeing |
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paper is cheap...
that's an entire BTC up in flames!
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volume way down, symmetric walls, saturday & easter weekend. drama building?  am i crazy, or does that wall pic bear a striking resemblance to troll face? good thing i don't really buy into TA or i'd be scared |
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Honestly, I'm a little scared of them. I recently moved my coins to cold storage using armory, and now I realize how easy it is to generate vast numbers of private keys--and sweep them-- with very little time and effort, past the initial setup.
I realize casascius has his reputation on the line, but if bitcoins do end up being a world-wide paradigm shift.. it would take a saint not to press the shiny button that'd suddenly give you potentially billions of USD worth of power.
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I saw the wall movement... this is not a normal market.
One person put walls from $55 to $64 where he planted a 4kbtc
When asks began to reach the wall and didnt get scared of a 4kbtc wall he just market bought everything to $69.
This rally is being maintained by a few perma bulls that are more scared that anyone.
Its a one man band bringing confidence to everyone, i hope he doesnt get agitated.
wow, that's quite a botnet they must be running to manipulate that many metrics of interest/users of bitcoin to coincide with the increase in price |
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For $600, your judgement is key. If you are worried that he'll hand you a wad of bills that only come to $590, don't even count it. Say "I trust you" and leave. Consider the probabilities and his actions. 10% chance he screwed you out of $40 on purpose? Thats only $4 worth of value, you'll be much better off with the "I trust you" route. 25% chance he will beat you with with a hammer in the parking lot? Might want to leave out the side door.
Thankfully he agreed to the bank meeting, but this advice is reassuring. You must not be a scaredy-nerd. |
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I put an ad up to buy/sell BTC recently, and made one successful trade so far, for around $60 in BTC. Now, someone has contacted me to meet in person for a 10 BTC trade, and I'm a little nerved up, since it dawned on me that counting ~$600 in public could be a bit awkward.
Any experience here (maybe gold-bugs or something)? Is there an etiquette I should know about? A good way not to be hit with a wrench and have smart-devices stolen?
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mine is going off suddenly also
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I noticed my hard drive was thrashing around at an unusual time, so I did one of my usual paranoia-fueled looks around the task manager, and I noticed a couple strange items on the tcp/ip list  anyone have any idea why these would be here? |
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In time, the block size may need to change. But there's absolutely no rush.
Let the block size stay at the current size until the limit is hit; then let us run with that for a while. Let us see how easy or hard people find it to work within the limit; let us see what effect it has on transaction fees and confirmation times.
Eventually, a strong consensus might form around an appropriate change. Then, only then, is it worth working out how to implement the change. Equally, we may find that some other solution arises which negates the need for any hard change.
i agree, perhaps a clever solution will make itself known in the meantime a hack that defies the elegance of Bitcoin would not help my confidence in the developers, to be honest. i'm cynical by nature so maybe this is out of line, but i wonder if being funded by the btc foundation creates some weird new incentive. "guys guys, we're worth all these bitcoins, we're doing stuff and stuff" call me crazy, but an interface to be proud of would be the top priority, not causing drama about protocol changes for problems that might be imaginary of course, if this idea wasn't even floated by the developers to begin with, i recant. |
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It has nothing to do with the money supply (inflation).
that's not the type of inflation i was talking about.. parallels, metaphor, subtlety that sort of thing. |
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isn't this about facing a deficit of transaction numbers vs. block size? and hacking a solution that involves making the rules arbitrarily larger?
i must be confused.
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Why is this even a thing?
So we're going to solve a deficit issue by jumping right to inflation?
Great way to show off your principle, Bitcoin.
Full retard mode engage
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will havelock be getting a slice of the newly released 5% shares at .0044?
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I can't think of a better way to make bitcoin overall more attractive to people watching, or even secure. If there's a growing number of users who are putting their money steadily into these things.. (the business channel tells me growth is good)
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Just wondering.
edit: added D&T's good point, miners count too
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apart from some devastating news, i don't see how a huge crash would be possible
how many people would scramble money to the exchanges if the price went near 13$ again? single digits? i wish
edit: crap, i must be tired.. i bit that troll bait so hard
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price stablized at ~13 for a while then rocketed to ~19 and now i bet it gets cut in the middle to ~16
isn't that similar to what happened last time there was a long sideways period?
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