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2301  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2019, 08:29:02 PM
Thanks, LFC! I just posted my question in the subforum you suggested.
2302  Bitcoin / Bitcoin Technical Support / Old blocks changed on: September 11, 2019, 08:27:31 PM
My bitcoin node runs on a linux box. I've been away a few weeks, and I kept it switched off. When I got back, I found the main drive had some problem, so I replaced it and reinstalled the system and some of the software, including bitcoind. So far so good. After this, I proceeded to restore the latest daily backup of the .bitcoin directory. I then left the node running to verify and sync.

The surprise came when the catching up was done, and I launched the new daily backup. I use rsync, so only files that have actually changed do get transferred. Well, apparently about half of the blocks need uploading to backup, which was never the case during my previous daily backup routine. Why have older block files changed?

I'm talking about blk0XXXX.dat files. The latest is blk01790.dat, so I expected the backup to begin well after blk01000.dat, but rsync's output begins like this:

Code:
.bitcoin/blocks/blk00028.dat
.bitcoin/blocks/blk00031.dat
.bitcoin/blocks/blk00033.dat
.bitcoin/blocks/blk00036.dat
.bitcoin/blocks/blk00037.dat
.bitcoin/blocks/blk00038.dat
...

Why the change in all these old blocks?
2303  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2019, 07:26:47 PM
I have a technical question about my bitcoin node for my fellow verifiers.

My bitcoin node runs on a linux box. I kept it switched off while I was away. When I got back, I found the main drive had some problem, so I replaced it and reinstalled the system and some of the software, including bitcoind. So far so good. After this, I proceeded to restore the latest daily backup of the .bitcoin directory, which among other things contains the local copy of the blockchain. I then left the node running to verify and sync.

The surprise came when the catching up was done, and I launched the new daily backup. I use rsync, so only files that have changed actually get transferred. Well, apparently about half of the blocks need uploading to backup, which was never the case during my previous daily backup routine. Why have older block files changed?

I'm talking about blk0XXXX.dat files. The latest is blk01790.dat, so I expected the backup to begin well after blk01000.dat, but the current backup (still running) begins with

Code:
.bitcoin/blocks/blk00028.dat
.bitcoin/blocks/blk00031.dat
.bitcoin/blocks/blk00033.dat
.bitcoin/blocks/blk00036.dat
.bitcoin/blocks/blk00037.dat
.bitcoin/blocks/blk00038.dat

What could have happened?

2304  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2019, 06:46:03 PM
I prefer offtopic talking about precious metals or dirty fiat, but please, take the Bcash talk to another place.

I prefer rocket/train memes and cleavage  Grin
Let's not forget about double bottoms - or single ones, actually.
2305  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2019, 05:27:54 PM
Merit of the Beast.



Now don't spoil this number by randomly awarding me dozens. Or do if you're really itching.  Tongue

I'm dry so you will be stuck at 666 for a while  Grin

Pity. My advanced psychology trick didn't work...  Tongue

Related: A few days ago someone posted a link to a thread where members can upload screenshots of interesting merit/activity/etc figures. I haven't been able to find it by searching - either bitcointalk or google. The link was in this thread, of course. Can anyone help?
2306  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2019, 05:03:24 PM
Merit of the Beast.



Now don't spoil this number by randomly awarding me dozens. Or do if you're really itching.  Tongue
2307  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2019, 04:54:55 PM
I am a BTC believer. I am a HODLer.

(snip doubt)

Another doubting Tomas wannabe seems to be puffing up its feathers within our midst.  

 (Hi d_eddie!!!! I see you.)

Do we need to deliver such growing doubter with a decently good-sized dose of WO bashing for his wanna-be inclined bear-talking like we had done with mindrust, biodom and lambie a few weeks ago?    Cheesy Cheesy Cheesy

In other words, the beatings should continue until moral improves!!!!!!!!!  You fuck! (referring to d_eddie and any other wannabe BTC doubter)    Cheesy Cheesy Cheesy

I should have posted that tomorrow.  Angry
2308  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2019, 11:34:41 AM
I mumbled a little bit on various themes we discussed on the WO thread lately.
 I posted this on a new thread:
Extracting stable positive return from high-volatile asset.HF recipe made simple

Hope you might find it useful.
It also gives hints on how to manage a selling program to exit bitcoin (for the degenerate WO members who aren't permaholders Wink...)

Good and simple read. Merit-worthy, but I'm dry.

+1 WOsMerit
(Sorry: valid in the WOT only, as per instructions from management.)
2309  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2019, 11:22:40 AM
I am a BTC believer. I am a HODLer.

Sometimes, however, the serpent of doubt slithers through my soul. This halving might be different from the others. What we know is that halvings are going to be more and more irrelevant as the supply decreases. What we don't know is the rate of increase of the irrelevance. In order to estimate possible halving effects, we can use a priori data and contingent data.

A priori data: current level of supply.

Contingent data: state of adoption, price, market sentiment, etc.

Just for a rough estimate, assuming the price at the halving is in the same ballpark as today:
 
DateReward (BTC) Price (USD/BTC) Reward (USD)
2012.11.28  50BTC12.35617.50 $
2016.07.0925BTC65016.250 k$
2020.05.XX12.5BTC10500131.250 k$

I've been looking at this table and pondering for a while, but the serpent isn't dead, not yet at least. Any food for thought? I'm still staying strong anyway, we all know why.

I am a BTC believer. I am a HODLer.
2310  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 11, 2019, 12:01:10 AM
So we had our flash dumplet - nothing really worrying as it was, just one more dip to buy moar. There was strong resistance just below 10k, and getting back over that line was a matter of minutes. Some bought a little. My guess is no one panic sold - and certainly no WO peep.

TL;DR Yawn.
2311  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 10, 2019, 07:48:24 PM
I think I bought something at the very (local) bottom. Got lucky with a stop. My suffering long position has increased, and its liquidation price got closer to 3k.  Cool

I'm willing to risk moar and bring my liquidation price just under 5k, or even higher. But I'll have to wait until 15k before getting that bold.  Wink
2312  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 10, 2019, 07:39:05 PM
ouch
2313  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2019, 06:41:52 PM
Oh gawd, Roach.  You are devolving into delirium.   Roll Eyes Roll Eyes
Devolving? Revolving.
2314  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2019, 02:25:05 AM
Good day Bitcoinland
Ten four four two U.S. bucks
(Bitcoinaverage).

Still going sideways
When will this crap ever end?
Maybe November.

Buying those cheap coins
Still plentiful time brothers
Hurry though moon soon

5
7
5

I got it, right?


Formally perfect
debut deserving merit
LFC scrapped it?


+1 WOsMerit to LFC (if the #haiku was actually written by him, and this isn't a quoting mistake by ulrich_zh)
2315  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 09, 2019, 01:55:42 AM

one point three percent
every shitcoin bagholder
is this alt season?

Unknowingly, or...?
Posted a visual #haiku!
Goose with a surprise
2316  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 08, 2019, 05:39:26 PM
Watching the corn grow
In the field and on the chart
it's #Haiku Sunday

There. I obliged  Cool
2317  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 07, 2019, 02:52:36 PM
Actually it's as Lauda says. The Segregated Witness thingy basically alters the transaction format so that certain (most) cryptographic proofs (the "witness") are not on the main blockchain (they're "segregated"). That's why space can be saved: segwit transactions can be stored more efficiently because some data can be discarded. This is why fees are significantly lower.
This is also incorrect. The signatures get stored in the chain as before, they just aren't counted towards the classic block size limit due to the segregation that you have mentioned.
I stand corrected. Witness data can be removed from the Merkle tree, not from the chain.
2318  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 07, 2019, 02:41:45 PM
another bcash idiot for my ignore list

saying that segwit is not bitcoin is the same like saying TCP is not IP. it's the same, but it's another layer. TCP can't exist without IP and segwit can't exist without bitcoin.
Saying that is actually wrong. You are mixing up SegWit and LN. LN is another layer. SegWit is part of Bitcoin.

I'm not sure about this, maybe you are right. But LN is based on segwit and segwit has a second name, the consensus layer.
Actually it's as Lauda says. The Segregated Witness thingy basically alters the transaction format so that certain (most) cryptographic proofs (the "witness") are not on the main blockchain (they're "segregated"). That's why space can be saved: segwit transactions can be stored more efficiently because some data can be discarded. As a result, the average transaction fee is significantly lower.
2319  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 07, 2019, 11:47:08 AM
But do you bring h-jobs?   Grin Sorry, couldn't resist

Lol. NO Grin But know this "A jerk in the hand is worth two in the bush."  Tongue

Well... now you just need a hat.... and then you be styling, dude.

I'll get one someday will all your help  Smiley

A little help from me because of the lulz.  Cheesy Cheesy
2320  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 07, 2019, 12:31:41 AM
Observing.....................to little, to low prices......

Cumming Bull Observing $10,313.90

Mooooo...


That must be a cow who was born in the wrong body.
She's needing a strap-on badly. Who knows why I have a hunch she'd like the attachment to be green.

It's this modern gender thing, you know. See what happens, the world is rotting. In my day, good ol' times, blahblahblah.
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