Good old 蒋信予, Jiang Xinyu. He will be turning 31 this September 14th from what I understand. I have been working on tracking down the cat, he can't disappear forever.
Since it seems that he owns a decent stash the stockholders could try to organize to recover something. As an owner of 200 shares on Havelock I would happily pay 50% of whatever is recovered in my name to whoever does the job. lel is Havelock even online anymore?
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not gonna happen. chillax fellow bitcoiners.
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death, taxes & forks. A second fork has followed the initial post BIP 66 fork further highlighting the continued danger of so called "soft" forking changes to the consensus code of Bitcoin network clients. The second fork persisted from 21:50 through to 23:40 on July 5th, 2015. Implementing the rather non-controversial change proposed by BIP 66 to enforce strict DER encoding on ECDSA signatures has without a doubt increased the fragility of the Bitcoin network such that users of all Bitcoin clients ought to consider waiting beyond the traditional 6 mined blocks before considering a transaction confirmed. Unless all major miners begin mining with fully validating node software, this instability is likely to continue indefinitely into the future with users of the latest versions of "Bitcoin Core" at risk of finding themselves stranded, maybe even permanently on the short side of an enduring fork.
http://qntra.net/2015/07/another-post-bip-66-fork-dies-after-3-blocks/BIP 66 fork "incident": http://qntra.net/2015/07/chain-fork-reveals-bip-process-broken/
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I am pretty sure ETH is a bubble.
Ask anyone on the streets of they know what ethereum is and nobody will know. Even if ETH were to pass bitcoin in market cap I suspect bitcoin will still be what comes to most peoples mind when cryptocurrency is mentioned.
Just look at Etereum. 400% increase in 1 month = mega bubble. crackeths vapes flying high.
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“With growth momentum nearing its peak and rates increasing further with a hawkish Fed, the asymmetry for equities is turning increasingly negative. This also means more vulnerability to potential shocks, e.g., from European politics, US policy, commodities and China. The increase in risk appetite in recent months and strong positioning by systematic investors such as CTAs and risk parity funds increases ‘vol of vol’ risk, i.e., the potential for a sharp correction.”-Goldman Sachs, March 15th, 2017 THE SHILL HAS SPOKEN!!!
So much propaganda!! Amaigad!! Embrace your physical gold, silver and BTCiTcoin! And expect a crash landing! y'all going to get short squeezed like chimps.
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I understand that the miners don't want the lighting networks and I understand why - because it goes against their interests.
They perceive it as going against their interests. But this perception appears flawed. Bitcoin needs scaling improvements like lightning in order to thrive in the long term. A non-scalable bitcoin will ultimately be overtaken by a better-scalable competitor. cut the crap, Bitcoin doesnt "need" anything. c'est la vie indeed.
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Are we stuck with Bitcoin as is forever, and the only scaling solutions must be built on top of the current utterly fixed ruleset?
Probably. I agree. Likewise, given the difficulty of changes now as shown by segwit and block size changes, any further changes will be even more difficult to get consensus. And this isn't necessarily a bad thing, changes should be very difficult to make barring something catastrophic (e.g March 2013). Think about changing tcp/ip. immutability is bullish af, just look at btc price now.
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eh wut super and its not about "economic" nodes, its about full nodes. <spoilers> there will be no softforked segwit with a 95% threshold but rather a softfork ending in hardfork. </spoilers>
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Encore pire que les journaux crypto comme cancer, les goldbugs !
bitbugs ftw!
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I'd like to see a detailed investigation into how much of the economy is committing to support it; how much is actually doing verification rather than just blindly trusting miners; the popularity and expected behavior of each end-user wallet software; etc.
sounds terrible, keep your auditing and lobbying and polling for incorporated statists(tm)(r). nobody ever really knows in the bitcoin. its all greed and mystery. PS: the only truly reliable and safest to some extend (not for the forkers obv) way to market pull such "improvement" is commit hardfork and see how the shitcoin goes. just pick a day, and fork off.
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HDbuck,
that only applies, if we break to 700 by the mid february, yes? If it will take us longer through extended consolidation and multiweek bear market... we could revisit five hundreds...
Your opinion on this? Any updates on Masterluc position?
this is master's opinion. see here: https://vk.com/bitcoin_vanga
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sooo, everybody expecting a dumpf?
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Soft forks are opt-in "updates" or "features" that are still backward compatible in regard to bitcoin's hard coded consensus rules.
They've also changed consensus rules, BIP66 changed signature validation, making it more selective. And it was an important consensus change, too. I'm talking about new consensus change tho. From now on and as even heavily marketed segwit fork seems not to take root. Such decentralization, much immutability ftw!
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Dunno. In those same 4 years, there were maybe a half dozen soft forks? Some of those were rule changes, albeit changes in preexisting rules. Do soft forks, of which there are demonstrably many, not count?
Soft forks are opt-in "updates" or "features" that are still backward compatible in regard to bitcoin's hard coded consensus rules.
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After almost 4 years of fork drama - despite all the lobbying shenanigans, the doom scenarios, the colluding of corporations and of mining cartels, regardless the agreements, the conferences, the social media war, the rage quits - the sheer ineptitude amongst bitcoiners to reach new consensus is instating a clear status quo in regard to Bitcoin's rules. It may very be the time for bitcoiners to acknowledge that Bitcoin is as robust and immune to political pressure as its great inventor Satoshi - praise him be - intended to with the subtile genesis block: The Times 03/Jan/2009 Chancellor on brink of second bailout for bank Rejoy for immutability of the Bitcoin consensus rules is the most invaluable feature of the system if trust is at its core. Bitcoin is set in stone and anyone still delusional about breaking those rules is promoting nothing else than some altcoin. In any case, people are free to use Bitcoin. And they are free to leave it. Or hell they are surely free to fork off. But if people still want in, it may be the time to surrender and abide to its unequivocal - unprecedentedly apolitical - status quo. So the sooner bitcoiners give up the futile and useless divisions, the better. Bitcoin is dead. Long live Bitcoin!
I'll leave two quotes for the heart broken forkers: There are lots of important improvements left to make to Bitcoin and it would be sad if they couldn't be made-- but Bitcoin's rules being shown to be truly immutable in practice would be a massive consolation and a great reason to feel confident about the system. I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash. Most Bitcoin transactions will occur between banks, to settle net transfers. Bitcoin transactions by private individuals will be as rare as... well, as Bitcoin based purchases are today.
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