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9441  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2017, 08:07:59 PM
http://mailchi.mp/bitmex/crypto-trader-digest-1307661?e=2eeec28d17

"Many people smarter than me have opined on the issues surrounding the Bitcoin scaling debate. As such, I will only focus on the relevant dates traders should etch into their memory.
July 14th
On this date ..."
9442  Bitcoin / Bitcoin Discussion / Re: Bitcoin Elitists Ignoring the 3rd world on: July 12, 2017, 06:26:49 PM
http://trilema.com/2016/thats-right-time-to-move-on-please-do-bitcoin-is-really-not-for-you/
9443  Alternate cryptocurrencies / Mining (Altcoins) / Re: NiceHash Miner - easy-to-use best-profit multi-device cryptocurrency miner on: July 12, 2017, 06:18:00 PM

oh nice one i missed it am so stupid

thanks a lot
https://new.nicehash.com/news/174
9444  Alternate cryptocurrencies / Mining (Altcoins) / Re: NiceHash Miner - easy-to-use best-profit multi-device cryptocurrency miner on: July 12, 2017, 05:00:31 PM
djeZo djeZo djeZo

while you are here

what are your plans in case of a btc split come August 1st?

hoping you will make an announcement soon

many thanks
9445  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2017, 10:33:03 AM
 Gabriel D Vine Retweeted
John Light‏ @lightcoin Jul 10

This looks like a nifty tool: "What is the effect of changing the bitcoin MAX_BLOCK_SIZE?"  https://iancoleman.github.io/blocksize/#_  Props to Ian Coleman!

-orphans, orphans everywhere!
9446  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 12, 2017, 10:02:07 AM
well blow me. dunno how i can've missed this one: https://eros.vision/ might blow my whole wad on it etc etc
"Our goal is to offer an authentic OpenBazaar of Sex that cannot be censured, banned nor shut down by any government or religious authority."
9447  Alternate cryptocurrencies / Altcoin Discussion / Re: New release of Bitcoin ABC: 0.14.2 - Difficulty adjustment on: July 12, 2017, 07:57:48 AM
ooh another altcoin
9448  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 11, 2017, 10:58:46 AM
https://twitter.com/The_K_meister/status/884648706372448256
 Kolin Burges‏ @The_K_meister 5h5 hours ago

Karpeles admits operating Willy bot, now called an "obligation exchange", but says it was for good of company so not illegal #KarpelesTrial
9449  Alternate cryptocurrencies / Mining (Altcoins) / Re: Fourth alt coin thread last three got oversized. on: July 11, 2017, 08:56:18 AM
afaiu there is a backlog with hardware wallet shops now and it would be hard to get one in before Aug 1st - don't take my word for it, if you can get one in time, great.
(btw i don't recommend them anyway, but that's offtopic here)

the main thing is not to spend any bitcoin just before and for a good while after any split.

some software wallets have announced their plans re splits already.

afaik no exchanges have done so yet - that is dangerous territory anyway

would be nice to know nicehash's plans...

found this helpful https://bitcointalk.org/index.php?topic=2012799.0 [Guide] Handling splits: UASFs, BIP148, etc. esp this part:

What should I do to secure my bitcoins?

First of all, remove all bitcoins possible from banks/exchanges/"hosted wallets". If you can't export your private keys, then you don't actually control the bitcoins. This is a good idea in general, but it's especially important in case of splits. If you're using a Bitcoin bank, then you will have no control over what happens to your coins. Quite possibly, the bank will end up stealing/losing one of the currencies that you should have access to, either through greed/malice or technical incompetence, and the currency they throw away might well be the only one that ends up having any long-term value.

Possible splits are usually predictable some time in advance (see the next section). If in doubt, avoid sending transactions or trusting received transactions 12 hours before and up to a few days after the split time, and check the forum for more news. If a major split happens, I will very likely make a post and news item explaining how to handle the situation. Coins at rest are not at risk.

Generally, after a split:

 - If you want to completely ignore (ie. discard) one of the currencies, and your wallet is already set up to ignore that currency, then you don't have to do anything.
 - If you want to completely ignore (ie. discard) one of the currencies, and your wallet is set up to support only that currency, then you might be able to change the software's settings after the split, or you might have to switch to different wallet software.
 - If you want to use both currencies at the same time or sell one of the currencies, then you will probably have to follow a somewhat-complicated series of steps possibly involving running some extra software in order to cleanly split your coins and eliminate the possibility of replay.
........
 ...........
The next time when a split is predicted to possibly happen is therefore August 1, 2017 at midnight UTC.

During that period it might be unwise to buy and sell gpus etc unless terms are very very clear.
9450  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 11, 2017, 08:30:16 AM
^ while we're on the subject of r0ach making occasional sense in amongst all the bollox, there's this gem, highlighted by he-who-must-not-be-named

I lost .5 btc shorting eth

Eth is the LEAST aggregate market I've ever seen, which is why I never recommend people to short it.  The price is controlled by one single guy who runs the bots on Bologniex tied to either the Ethereum developers themselves, or some entity like Goldman Sachs.  Ever since Bitcoin started to rise, I watched them absorb something like 5000-10,000 BTC in Eth dumps on Poloniex just trying to prop the price up and prevent it from imploding.

The DOA event caused a dumpocalypse on them forcing them to absorb even more losses.  This single entity that controls the ETh price is underwater as fuck now and probably desperate to rid himself of some of those scamtokens.  I have a feeling the only reason it made it that high of value in the first place is the Eth devs themselves sent a bunch of Eth to Poloniex, then used those coins for collateral to margin long it to the moon while liquidating shoters.  Dan Larimer actually talked about attempting doing that himself once in the past when BTS was in the dumpster but he chickened out.  Him and Vitalik have been speaking a bit these days and maybe he gave Vitalik the idea.

http://btcbase.org/log/2016-06-22#1486944
9451  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 10, 2017, 09:38:21 PM
Poloniex Digital Asset Exchange

ETC is currently under maintenance or experiencing wallet/network issues. Deposits and withdrawals will remain disabled until a solution is found, which may require an update from the ETC team. Any updates must be tested and audited before enabling.

-Barry y u so clumsy?
9452  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 10, 2017, 08:52:22 PM
^ perfect

they forked the testnet https://github.com/btc1/bitcoin/issues/65

edit: also some excellent trolling recently on this one https://github.com/btc1/bitcoin/issues/40
9453  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 10, 2017, 08:35:40 PM
https://www.youtube.com/watch?v=hOSYiT2iG08
Contrafibularities on your pericombobulation
9454  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 10, 2017, 08:27:05 PM
2 Used to refer to a good or fortunate situation that is isolated from reality or unlikely to last.
‘we both lived in a bubble, the kind provided by occupying a privileged pied-à-terre in Greenwich Village’

Origin
Middle English: partly imitative, partly an alteration of burble.
9455  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 10, 2017, 08:14:28 PM
OMG now he's mocking us

I think that BIP148 will most likely fail (ie. ~everyone will abandon it right away). And the "segwit2x" hardfork is 100x less likely to succeed than even that. So I see a continuation of the status quo for at least 6 months, probably 9-14 months.

The market might crash somewhat before Aug 1 ("OMG the sky is going to fall") or somewhat after Aug 1 ("OMG Bitcoin's technological advancement is seriously stalled"), but IMO it'll return to the longer-term trend after a while.

See my article here: https://www.reddit.com/r/Bitcoin/wiki/faq_handling_splits

also this https://bitcointalk.org/index.php?topic=2012799.0 Bitcoin Forum > Other > Beginners & Help (Moderators: MiningBuddy, Mitchell) > [Guide] Handling splits: UASFs, BIP148, etc.
9456  Bitcoin / Bitcoin Discussion / Re: Basic noob question about hashrate % among top pools on: July 10, 2017, 11:26:59 AM

there is such a pool - and it's happened before - it just doesn't work for long, as they run out of money or confidence.

GHash.io?  They never actually performed a 51% attack, they just reached a dangerously high amount of the hashrate.  There has never been a 51% attack on the Bitcoin network.


quite right. ghash and indeed btcguild and an older one all approached/exceeded 51% in their time and did not attack

however i was referring to op's q about pools bribing miners to mine - pool.btc.com does this for now
9457  Alternate cryptocurrencies / Mining (Altcoins) / Re: Fourth alt coin thread last three got oversized. on: July 10, 2017, 09:08:37 AM
Hi people,
Hello,
I'm having issues with Nicehash Miner 1.7.5.13 and also with 2.0.0.7. Same problem with every miner: after changing one or two algorythm, it freezes, crashes (restart) or even BSOD with Driver_IRQL_OR_LESS.
If I'm mining with only one algo selected on every gpu and not trying to switch, it works just fine, stable for hours and even days. Alpha version crashes sometimes, with .13 version works like charm. Eh, when I enable more algos and try to switch (I should mention I've tried with profitability at 0.07 and 0.1, which means it switch at 10% difference) it crashes as said above.

I've read on other places, reddit, nicehash issues on github that other people are having these issues. I've tried with two different drivers, not being latest.

OS: Win10 creators update with latest updates
GPU: 3x Asus GTX 1060 Dual and 3x Gigabyte GTX 1060 Windforce, all six with 6GB. A bit of overclock is done, +128 core and +196 memory. 100% power limit.
Driver 378.49
PSU: 2x Seasonic 850W

What could be the issue in your opinion?
Regards,
John
With so much going on, I think this maybe got overlooked.
Have often seen Phil advise not to try and put too many gpus on the one mobo - maybe that's at fault here.
Could you advise: which motherboard, processor; ram quantity
9458  Bitcoin / Bitcoin Discussion / Re: Basic noob question about hashrate % among top pools on: July 09, 2017, 08:28:57 PM
So it seems like the top 5 pools control over 50% of the hashrate:

https://blockchain.info/pools

What's to stop these 5 from getting together and messing with the block chain ledger for their benefit? I understand the miners in these pools are not necessarily controlled, but what if the Top 5 pools changed fees instead of -1% to +1% just for mining with them on a corrupted blockchain? Basically bribing everyone to accept their way?
nothing to stop them. they could. but it wouldn't make them much money. they'd soon be found out and ostracised.

there is such a pool - and it's happened before - it just doesn't work for long, as they run out of money or confidence.

note that of these top 5, 3 are owned by the same firm, and most of the top ten are mining on that firm's chips.

they could probably attack now, but meh
9459  Bitcoin / Mining speculation / Re: Difficulty contest. prize 2 ltc 1 compac usb stick. Picks are open!! on: July 09, 2017, 06:33:35 PM
5.0 = Last of the V8s

many thanks
9460  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 08, 2017, 09:56:15 PM
Roger notVerylucky
https://forum.bitcoin.com/topic10578-300.html#p70683

Re: Bitcoin.com Mining Pool Official Discussion Thread

Sat Jul 08, 2017 2:29 am
Would any statisticians like to chime in on how likely this horrible horrible recent luck for our pool is?
We have checked all our systems, and everything still looks fine, but this bad luck really is horrible!
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