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9041  Bitcoin / Bitcoin Discussion / Re: is bitcoin bulletproof? on: September 05, 2017, 10:51:24 PM
The uptime is borderline flawless. Unfortunately it's used by humans and they will always be the weak point. Even if Bitcoin itself is perfect, the people surrounding it motivated by greed, fear, weirdness or coercion could easily balls it all up.

We're never going to get rid of humans so Bitcoin will never be bulletproof.

Thank you, master, glad to hear you will not kill us off completely.
9042  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2017, 10:10:24 PM

I just stumbled over this 19th century painting:



THE BULL

it was painted 1878 by ...

... this guy:

Hodler[/b]]https://en.wikipedia.org/wiki/Ferdinand_Hodler


let that sink in.  Cheesy



edit: wiki art says he was big in...   yep: symbolism...  symbolism ffs

Love it.

But are you alright? Did you hurt yourself? Did you damage the picture? Where are you? Auction rooms? Rundown old farmhouse?
9043  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2017, 10:08:00 PM
https://aeon.co/essays/the-end-of-a-world-of-nation-states-may-be-upon-us

pantsuit media floats city-states
9044  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2017, 10:04:23 PM
4000USD as a resistance level has been tested, which is a very good news.

Now if segwit 2x will not be too messy, price -> moon for sure.

Worring part is >90% miner support for it, and core's tough position against it... This hardfork can be more deadly than BCC...


Miners can only mine a coin that they can sell. We have already seen many have no loyalty, they will move to the coin that will pay their electricity bills.
Who is gonna buy all the coins mined, and the all the coins dumped?
Certainly not enough to support 90% of the hash power, so the real Bitcoin will limp along to the re-calc, and then its party over for 2x.


quoting this for truth. afair difficulty can only go down so much at a time, so we may need more than one re-calc, not that that matters much

Am I wrong in thinking that an easy-to-use replay protection mechanism would make it much harder on 2x? I imagine most hardcore bitcoiners would dump the stuff as soon as possible, before it depreciates too much. The effect would make mining 2x quickly unprofitable, so Wu's bribes/threats to the miners/thralls would get too expensive to hold.

Any flaw or oversight in my argument?

we can't upgrade all our nodes with replay protection in time
9045  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2017, 09:45:47 PM
4000USD as a resistance level has been tested, which is a very good news.

Now if segwit 2x will not be too messy, price -> moon for sure.

Worring part is >90% miner support for it, and core's tough position against it... This hardfork can be more deadly than BCC...


Miners can only mine a coin that they can sell. We have already seen many have no loyalty, they will move to the coin that will pay their electricity bills.
Who is gonna buy all the coins mined, and the all the coins dumped?
Certainly not enough to support 90% of the hash power, so the real Bitcoin will limp along to the re-calc, and then its party over for 2x.


quoting this for truth. afair difficulty can only go down so much at a time, so we may need more than one re-calc, not that that matters much
9046  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2017, 07:48:41 PM
http://www.designinformatics.org/node/444
bit barista autonomous coffee machine pays you in coffee or bitcoin to eg fill up with beans, clean nozzles etc...
piece on bbc world service just now
http://www.bbc.co.uk/programmes/w3cstxkx
9047  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 05, 2017, 02:16:40 PM
9048  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 11:21:46 PM
Do you find it troublesome to see how much interest waned from 2004 to 2009 though?  We could see such a decline again  Cheesy

What did Jesus get up to in 2004?

In a suburb of Moscow, Russia, the roof of the Transvaal water park collapses, killing more than 25 people, and wounding more than 100 others. And that was only February.  Embarrassed

And Beslan in September. Christ.
9049  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 10:03:56 PM
Confirmed?
needs moar confirmations to be sure
9050  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 08:55:01 PM

https://twitter.com/DanDarkPill/status/904794226168401920

So I was just reading this Chinese bounty-hunter forum, when I saw this.  I don't understand Chinese, but looks bad.
9051  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 08:04:49 PM
There's a big, smart short with pockets deeper than a whale puss that's gonna wreck any futile attempts at recovery.

It's just the way it is. Don't shoot the messenger.

We regret to inform you that the internet is now full.

Please leave at your earliest convenience.
9052  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 05:52:14 PM
https://bitcointalk.org/index.php?topic=2148605.msg21493726#msg21493726
My quick and dirty translation of the notice:
...
3.   Reinforce coin, ICO exchange platform management
From today onwards, so called exchange platforms are not allowed to participate in exchange of fiat vs tokens, fiat vs crypto. They are also not allowed to buy/ sell as a centralised participant. Not allowed to provide pricing or information as an intermediary.
Any platform against these rules will have their website, mobile apps shut down and license to operate revoked.
...

so um that's good news for bitcoin, right?
9053  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 05:42:59 PM
https ://bitco.in/forum

was gonna link to some Peter R trash, but can't be arsed to bore you with irrelevant buffoonery

also learned while briefly touring that cesspool that even recently butards were gleefully buying bcc
9054  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 05:26:57 PM
can't resist. anyway there was a double bottom. once. somewhere.
9055  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 05:15:28 PM
Sold them! The tension was too high lol . Maybe i buy again at a cheaper price

Get the fuck out here, He-Pussy.

Weak hands make me sick.

meh. they make me rich
9056  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 04:43:58 PM
The price still going down Sad . If it goes under $4000, i have loss. Should i sell now?

No. You are an investor, not a trader. Hold firm and the price will go up above 4k soon enough.
9057  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 04:35:09 PM
Gentlemen, please prepare your best double bottom memes.
9058  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 02:50:32 PM
... the only catch being they will have to block ip from the Chinese mainland.
...
I fully expect NEO to be top of the pile! (In china) ...

I'm confused about this
9059  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 12:11:22 PM
https://twitter.com/sharkybit/status/904630446138511361

China $30tn/300% Debt-GDP on verge of Debt destruction loan delinquency meltdown that could risk entire bank sector... prioritises #ICOs 😂

https ://www.bitchute.com/video/9ejpWVfGb3Ks/ torrents site warning
 link from https://www.youtube.com/watch?v=bbJMgA5bhnM

Bitcoin - Humanitys Last Stand Against The Bankers
9060  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 04, 2017, 11:26:11 AM

an offering for the sharks to keep you going until you're ready to come back in
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