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9221  Bitcoin / Bitcoin Discussion / Re: why wouldnt a government create its own asic to 51% bitcoin? on: August 14, 2017, 12:14:48 PM
There are at least two schools of thought that say roughly the attack you describe is already in progress.

bitcoin cash could be the Chinese govt's attempt and bitcoin segwit the USG's

yeah thats kinda what led me to post this tread.

bitcoin is still in its infancy and is fairly vulnerable at this point. and i want bitcoin to succeed.

it will. it's a pretty bonny baby by now, with parents, family, guardians/godparents and a whole village all around.

it's some of these adults in the analogy that cannot thrive.

9222  Bitcoin / Bitcoin Discussion / Re: why wouldnt a government create its own asic to 51% bitcoin? on: August 14, 2017, 11:09:06 AM
There are at least two schools of thought that say roughly the attack you describe is already in progress.

bitcoin cash could be the Chinese govt's attempt and bitcoin segwit the USG's
9223  Other / Archival / Re: OgNasty Ponzi NastyMining / Fans / Pool on: August 14, 2017, 11:01:10 AM
years ago and on and off ever since it was pointed out that OgNasty is indeed a scammer

at any time he could have turned around his mining operation by closing up and making people whole again in Bitcoin terms

but he kept on and on taking in bitcoin from newbies and 'fans' with no hope of making any positive roi for them

he abused my trust rating for pointing out this truth - a badge I shall wear with pride
9224  Bitcoin / Bitcoin Discussion / Re: New Satoshi Emails on: August 13, 2017, 07:11:39 PM
If these are legit, it would be a confirmation that Satoshi mined the block #5326, as block reward from that block is sent by Satoshi to Mike Hearn.

Mike: I sent you 32.51 coins, my bitcoin address is 1JuEjh9znXwqsy5RrnKqgzqY4Ldg7rnj5n

Satoshi: I sent back 32.51 and 50.00. (https://blockchain.info/address/1JuEjh9znXwqsy5RrnKqgzqY4Ldg7rnj5n)

This is interesting, because if you go back to the old ExtraNonce analysis by Sergio (https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/), block #5326 fits the pattern of this early miner with a distinct ExtraNonce pattern, and would be the first (?) direct evidence, that this miner was in fact Satoshi.

Parts of these emails are indeed not legit, but what you go on to say might well be worthy of further investigation. Thank you.

Prove before you smear your shit.

Some of the reasons are in here: https://bitcointalk.org/index.php?topic=178336.msg20814535#msg20814535
As they are mostly based on linguistics, it may be hard for you to follow.
9225  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2017, 09:37:18 AM
https://twitter.com/Excellion/status/896272036850393088
 Samson Mow‏ Blockstream's Chief Strategy Officer
r/bitcoin moderation starts and #Bitcoin price moons. Coincidence? I think not.


 Huh
What a stupid thing to tweet. Adam has been posting garbage like this too recently. Posting argumentative or provocative stuff on Twitter makes you look stupid and undermines your technical credibility.

Start acting professional guys - this is the big time now.


^^virgins detected Roll Eyes
^^ Wrong.

Cousins don't count.
whatever sellout....enjoy your controlled tx ,3rd party, segcoin
you have no idea what nodes I run
you haven't a clue
9226  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2017, 09:27:41 AM
https://twitter.com/Excellion/status/896272036850393088
 Samson Mow‏ Blockstream's Chief Strategy Officer
r/bitcoin moderation starts and #Bitcoin price moons. Coincidence? I think not.


 Huh
What a stupid thing to tweet. Adam has been posting garbage like this too recently. Posting argumentative or provocative stuff on Twitter makes you look stupid and undermines your technical credibility.

Start acting professional guys - this is the big time now.


^^virgins detected Roll Eyes
^^ Wrong.

Cousins don't count.
9227  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2017, 09:12:24 AM
https://twitter.com/Excellion/status/896272036850393088
 Samson Mow‏ Blockstream's Chief Strategy Officer
r/bitcoin moderation starts and #Bitcoin price moons. Coincidence? I think not.


 Huh
What a stupid thing to tweet. Adam has been posting garbage like this too recently. Posting argumentative or provocative stuff on Twitter makes you look stupid and undermines your technical credibility.

Start acting professional guys - this is the big time now.


^^virgins detected Roll Eyes
9228  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2017, 08:46:18 AM
Extra peas tonight for all in the V8 household.
9229  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 13, 2017, 08:08:13 AM
lol brutal. like
9230  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2017, 09:26:10 PM
http://fork.lol/reward/lossgain
The total loss or gain by BCH miners compared to what they would earn on the BTC chain. Combined, BCH miners have currently lost an estimated total of -$2,287,902.42.
9231  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2017, 09:13:28 PM
https://www.youtube.com/watch?v=E1zHl3DDmhI
Bitcoin Heist Trailer | SGIFF 2016
9232  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2017, 08:23:58 PM

9233  Bitcoin / Bitcoin Discussion / Re: New Satoshi Emails on: August 12, 2017, 11:08:52 AM
If these are legit, it would be a confirmation that Satoshi mined the block #5326, as block reward from that block is sent by Satoshi to Mike Hearn.

Mike: I sent you 32.51 coins, my bitcoin address is 1JuEjh9znXwqsy5RrnKqgzqY4Ldg7rnj5n

Satoshi: I sent back 32.51 and 50.00. (https://blockchain.info/address/1JuEjh9znXwqsy5RrnKqgzqY4Ldg7rnj5n)

This is interesting, because if you go back to the old ExtraNonce analysis by Sergio (https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/), block #5326 fits the pattern of this early miner with a distinct ExtraNonce pattern, and would be the first (?) direct evidence, that this miner was in fact Satoshi.

Parts of these emails are indeed not legit, but what you go on to say might well be worthy of further investigation. Thank you.
9234  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2017, 10:54:10 AM
There is a consideration to be made about ETFs being allowed to operate; maybe these ETFs to be are currently accumulating BTC assets?

Yes in recent days many of the commentariat have been claiming that institutional money is flooding in.

I also missed another and most obvious reason for price hikes in the last few days, which is the Korean situation.

Bitcoin rise a couple months ago was partially frontrun by Korea, and with mild downturn in most Asian markets more recently, inevitably some of that sell-off heads our way.
9235  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 12, 2017, 10:46:05 AM
https://bitcointalk.org/index.php?topic=2080206.msg20798805#msg20798805
Maxwell has a go at the 'new' 'satoshi' 'email' 'leaker'
Shameful. Shameful if they're legit, shameful if they're edited.

Here was my response to "CipherionX"'s attempts at getting leaks.

I'm quite sure I have read at least some of these before. As such, they really aren't new. Not all of them anyway.

I'm guessing Gregory is just pissed and trying to stifle the revelation that Satoshi directly contradicts several of Blockstream/Core's fundamental sacred cow axioms from his very first reply to Mike.

The existing Visa credit card network processes about 15 million Internet purchases per day worldwide.  Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost.  It never really hits a scale ceiling.

By Moore's Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10.  Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions.

The fee the market would settle on should be minimal.  If a node requires a higher fee, that node would be passing up all transactions with lower fees.  It could do more volume and probably make more money by processing as many paying transactions as it can.

The transition is not controlled by some human in charge of the system though, just individuals reacting on their own to market forces.

Eventually, most nodes may be run by specialists with multiple GPU cards.


I thought the same thing.



Here another very eloquent extract:

Quote
A higher limit can be phased in once we have actual use closer to the limit and make sure it's working OK.
 
Eventually when we have client-only implementations, the block chain size won't matter much.  Until then, while all users still have to download the entire block chain to start, it's nice if we can keep it down to a reasonable size.
 
[...]
 
Whatever the current capacity of the software is, it automatically grows at the rate of Moore's Law, about 60% per year.


Trolls in 3... 2... 1...

So often in this process quite opposing factions can share a snigger at poor old Maxwell's hopping up and down.
Let me point out that this event also attacks his need to matter as an individual, his self-importance.

But it would be a mistake for any of us to use an appeal to satoshi's authority in order to consruct our arguments.
Especially when this authority is in doubt.
There is no way on earth satoshi would have abused the mother tongue and Moore's Law in the same sentence thusly:

By Moore's Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10.

The poor chap made the odd mistake, but never of these sorts.

Another 'editing' fail: it's nice if we can keep it down . Fakers don't know how to use the subjunctive in the English language, while satoshi did. The texts are littered with such anomalies.

As things stand, no side can prove or disprove the authenticity of these emails, so they are sadly doubly worthless.

So we are left with modern-day realities as the resident shouty man points out
Moore's Law was repealed iirc.

Anyway, I read an article.

9236  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2017, 11:21:19 PM
https://medium.com/@JimmyMow/announcing-zap-a-lightning-network-wallet-47622acd89fb
9237  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2017, 11:09:44 PM
Buy now while stocks last...
9238  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2017, 10:06:17 PM
Can someone explain Why bitcoin train is moving upwards Shocked  Shocked Shocked

Satoshi has been found!

No I haven't. Oh
9239  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2017, 09:25:04 PM
anybody else smell a correction?
nice bit of reverse psychology there  Wink

but if I know, that you know, that I know, that you know...

now i r v confuz

wait

ooo

dollar correction?
9240  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2017, 09:20:48 PM
https://bitcointalk.org/index.php?topic=2080206.msg20798805#msg20798805
Maxwell has a go at the 'new' 'satoshi' 'email' 'leaker'
Shameful. Shameful if they're legit, shameful if they're edited.

Here was my response to "CipherionX"'s attempts at getting leaks.

I could swear I've read these somewhere before... Aside form general principles of privacy what's the controversy here exactly?

that's it really afaics
maybe also that Mike Hearn is a turd for allowing it, and a liar - in theory still has some bitcoins... https://bitcointalk.org/index.php?topic=2080936.0
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