Wouldn't this DDOS attack on the Bitcoin Classic nodes cause a Streisand-effect? It gives Classic more attention, the opposit of what the attacker(s) try to achieve I assume. Not to mention the effect that the internal Bitcoin rebel in me is triggered to fire up another high bandwidth Classic node.
I think it has two effects, it does impact those who thought they were just having a little voice without confidence, they may choose their netflix over a classic vote. It has the opposite effect on the more committed group, hardening their resolve. You don't have to be that hard to change your ip with your isp (a changed mac address on my router does it every time).  |
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AMA with someone who claims to be behind the ddos'ing of ip's running classic nodes for the last 24 hrs. Can confirm the attacks are real, but this guy specifically, could be bluffing. https://www.reddit.com/user/botneko-chanWhoever this guy is, he's not shy. |
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Strong support on stamp.  |
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AMA with someone who claims to be behind the ddos'ing of ip's running classic nodes for the last 24 hrs. Can confirm the attacks are real, but this guy specifically, could be bluffing. https://www.reddit.com/user/botneko-chan |
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DDoS attacks are akin to white blood cells blindly protecting the body from foreign invaders. I still think bigger blocks are probably worth shilling for (whatever that means to you people). But in case I'm wrong, it's sort of comforting to know Bitcoin doesn't give a shit. IDK.  Just the "economic majority" at work, it's a meritocracy you know. Innit? |
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all I see is $25 million in leveraged longs compared to 12K BTC shorts. That's money for the taking for anyone with a big enough bankroll.
How's swampnode classic holding up? Looks like we've moved on to "they fight you" stage. |
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Bring back the barely audible Charlie Lee. This conversation is going nowhere.
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Anybody else wondering if Mr. Mavrodi is just fucking with our heads?   |
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B..b.b..but I thought Gregory Maxwell had bullish smart contracts that were going to revolutionize the auditing and verification of assets without knowing the owner of those assets? Grandma was gonna use SNARKS and CT's without even knowing it! This wasn't predictable at all!  |
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Buy... and HODL. 
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The gorf is a new technical indicator to me  There is pent up worldwide demand for bitcoin. We may be imminently headed for $6000 BTC. I'm not joking. Lets see. Bitcoin has had a battering from the media for the best part of 6-7 years. Plenty know about it now. It has been superseded technologically and none of those assets even made a dent in its marketcap. It has been superseded institutionally because we now know that banks all over the world have been running their own blockchains. But none of them even made a dent in Bitcoin's marketcap. It has been superceeded strategically because we now have smart-contract based blockchains galore, yet, even none of those blockchains even made a dent in bitcoin's marketcap. What will banks do when they discover that the value isn't blockchain, it's bitcoin ? What will they do when they discover that blockchain is dirt cheap, can be reproduced a million times over and actually isn't much more useful technologically than an SQL server worth $1000 bucks ? What will they do when they discover that bitcoin isn't dirt cheap, can't be replicated, can't be bought, can't be regulated and can't even be matched for hashpower with the combined budgets of all the world's banks put together ? Bitcoin is going to be in demand by $7 billion people. Not for technological reasons, for monetary reasons. It is a perfected token both monetarily and sociologically. It is beginning to successfully conclude its "rights of passage" phase and just shortly, $400 now is going to look like $1 did back in 2010. Interesting that no one had a thing to say about this text, amongst your squabbles. Good stuff for the win of the decade and then the gift keeps on giving. Bid it up to 440, then, pls. |
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Him accusing you of being GCHQ really kicked off a little stockholm syndrome, eh? LOL. Well, let's just say I'm trying harder to see both sides of the field. Don't forget: I'm not as clever as some of u guise. Also I'm Canadian. So I have that going against me. Check out Soluvox, they're canadian too, and pay well afaict. |
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Him accusing you of being GCHQ really kicked off a little stockholm syndrome, eh? |
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The only way bitcoin will ever come close to 32k is through honest to goodness mainsteam adoption
It would not require "mainstream" adoption, merely greater penetration of specific use-cases. Suppose reserve demand is 90% of the float, and the remainder is liquidity demand, with 15% of a 2tn gdp black market turning over at v=5. That would imply a 600bn mcap, and 32k usd bitcoin. If you look closely, you can see the fingerprint of the 2tn black mkt...  |
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One large disadvantage for a solominer is variance... especially if you are less than petahashes, and those mines are not hidden.
We are working on making p2pool better. You and jtoomim? EDIT: yes, I will keep in mind you are using free electricity  |
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One reason solominers have an incentive over large miners deals with security. Having a few miners (or many) that use excess free waste electricity in a private domicile can be more secure than a large warehouse which has added risks from theft , fire hazard, acts of nature destroying the investment, tax authorities looking to steal profits, ect,...
Right now many industrial miners are enjoying a brief window of calm besides a warehouse or 2 burning down on occasion... But what happens when the Chinese government starts looking into the secret agreements those miners are making for discounted hydro power and what happens when the tax authorities start auditing these mining companies?
The bottom line is no one knows for sure if the trend towards mining centralization will continue or not and their are incentives either way ... but some of us haven't given up on bitcoin and still exploring solutions.
One large disadvantage for a solominer is variance... especially if you are less than petahashes, and those mines are not hidden. Like it or not, these huge, known, warehouses run the security of the Bitcoin network... which is why the extreme reluctance to allow 2MB blocks is extra silly. Why not just switch to keccak already, if censorship resistance is #1 goal? Hint: it's not, and on-chain scarcity subsidizing rube goldberg styled "solutions" is the real gameplan |
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