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The price is moving up fast.
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I was looking at the price of Bitcoin suddenly drop today at around 8:00 UTC Feb. 8, 2017 and questioned whether it is possible to search blockchain.info or some other source to determine if this sudden surge in volume was the result of transactions from a single Bitcoin address. Does anyone know of a resource to look at transactional data only by identifying a specific time range on the blockchain?
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I would respect CoinDesk.com if they would simply come out and say that they endorse Zcash as their alternative cryptocoin of choice, rather than the promotional article/advertisements that they put out every other day or so.
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It really is indicative of how high a percentage of Ripple is still held by its developers, by how little volume is traded of and yet it holds the 3rd highest market value of all cryptocurrencies. People refer to various scam coins out there yet the biggest one in plain sight has to be Ripple.
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Does anybody have an archived copy of the MtGox Terms of Use that was available on the site prior to going offline? If so, could you please post it here or PM me. Thanks for your help in advance.
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Based on the movement and interest in bitcoin at the moment, I fully expect mtgox to go down any moment. Of course it will be blamed on some sneaky hackers performing a DDoS attack. No way it could simply be their own incompetence or even worse, their active manipulation.
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If MtGox is currently closed for trading, why is the last price changing? Its not by much but it has moved. When it first shut down it was at 120. Later it was at 123.4. Now I see 124.9. What is causing this?
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I am really tired of reading the same poorly researched explanations about how Bitcoin works so I decided to make an attempt of explaining it in a detailed yet understandable way. I did this because I've often felt that the weusecoins video is a bit simplistic in its explanation. Additionally, I've always cringed when I read that bitcoin miners are solving some complex mathematical problem through the block generation process when its simply a brute force effort to find a hash value. As a result, I wanted to provide people with a real desire to understand Bitcoin another option. If some of you have a chance, I would appreciate it if you would provide me with some feedback. Hopefully this will help some get a better understanding of how Bitcoin works and will continue to be a work in progress with additional info to follow. Thanks. http://monedial.com/index.php/en/2012-12-21-20-51-25/general-information-sites-about-bitcoin/how-are-bitcoins-created-what-is-bitcoin-mining |
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If anyone reading this is from Coinlab, you'll want to check the title of your Status Update section. It shows that the last status update is prominently dated March 21, 2012. I think you want this to read 2013.
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I thought that you would be most capable of answering this question since you seem to be the spokesperson for both Mt. Gox and Coinlab recently. My question concerns how Coinlab/MtGox plans on responding to a hard forks on the blockchain. I am particularly concerned about the upcoming hard fork in relation to the change in the blocksize limit. The current limit on number of transactions per second is the Achilles-heel to bitcoin and it will be changed. I think any rational person in the bitcoin community realizes this and the result is going to be a hard fork in the near future. So my question is what has Mt.Gox/Coinlab done in preparation for this?
Once the hard fork occurs, there will be two separate blockchains either competing for supremacy or the two will be able to somehow exist separately, though I don’t know how. In whatever case, once the hard fork occurs there will immediately be Bitcoin-A which can be verified by miners running the new release with the larger blocksize limit, and Bitcoin-B which will continue to be verified by miners who have not, or will not upgrade to the new Bitcoin release. Anyone who held bitcoins prior to the new release resulting in the hard fork will hold both types of bitcoins.
So what about Mt. Gox account holders? They don’t hold bitcoins but instead hold a promissory note to bitcoins until they choose to move them to a personal wallet or if they want to exchange them for some other fiat currency. Which bitcoin will they hold after the hard fork? Both types will have value and I can’t believe that Mt.Gox/Coinlab is going to unilaterally decide which type of bitcoin account holders will now have. I assume that there will be some way that account holders will have two sub-accounts representing the Bitcoins on both block chains. If not, Mt. Gox/Coinlab is going to have a nice windfall as they are going to have access all of the other bitcoins on the other blockchain not held by the account holder. I can’t imagine that account holders are going to be too happy with such a situation. I also wouldn’t doubt that someone hasn’t already prepared a draft Complaint and Motion for Class Certification for a class action lawsuit in preparation for when the hard fork occurs, just waiting to fill in the names and dates.
Thanks
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