that link tried to give me ebolaids...noscript about shit itself .... that ebolaids is nasty   |
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No lies here.
The Blockstream Satellite project is supposed to broadcast the One True Chain, correct?
The Blockstream Satellite project sources this One True Chain from the relay network, correct?
The relay network is a high speed backchannel whose primary purpose is to tie all miners together directly in a low latency network free of hops through non-mining nodes, correct?
You really can't connect these dots?
If the Blockstream satellite project does not transmit the actual blockchain- then it will be irrelevant Its very value is that it will relay THE blockchain - as in what is agreed upon by consensus - it will not override the blockchain |
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True. Let's be honest here, we've all seen this time and time again. Yea But its fucking worthless everytime we hit ath then we sink €300 down almost Oke i understand poeple big investors making money sell high And buy loww to make there stash bigger But its fucking annoying meh....it is nothing new in terms of percentages- it is just a little more dramatic now that there is more $$ involved Do not fight it....embrace it |
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People anticipating the difficulty drop ? Eh? Bitcoin Difficulty: 923,233,068,449 Estimated Next Difficulty: 933,017,161,037 (+1.06%) Bitcoin Cash? |
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People anticipating the difficulty drop ? |
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If you haven't got $100 million to spend on supporting this nascent decentralised network with a broadcast satellite network you should just piss off? amirite?
There is nothing decentralized about a single sanitized version of the chain. How would that be possible? in any meaningful way the chain is the chain.....right? (genuine question) |
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Is this that ackward moment in which people that were praying for a dip a few hours ago are now too scared to rebuy?
BIP 141 (Segregated Witness) activation is scheduled to take place in: 1175 Blocks (8.15 days)
Hi bitserve, Do you think the price will go up after activation in just over a week? I mean surely it's priced in as it's a guarantee now. Seems strange it going up at that moment when everyone knows about it. Also I know btc is it's own beast but didn't litecoin drop after activation and then increase in price later? Love to know everyone's thoughts here. The only reference I can use is Litecoin. It kept pumping until just after activation. Then a mild drop that took some days(?) to recover. At the moment, Bitcoin is doing exactly the same. So it should keep rising until activation. I wouldn't be surprised if it breaks 5K during last days/hours before activation. Of course, both are not the same. Litecoin didn't need Segwit as much as Bitcoin does, because it had no capacity problem... but Segwit is much more than that though. There have been some interesting advances in Segwit wallets and even in Lighting Network. I think it will be those advances what will propel Bitcoin to new heights, but not sure if it will be right after activation or a few months later. Also, Segwit "capacity increase" will become more noticeable as soon as more people and services start using segwit tx's, something that will come gradually over the next few months. In conclusion, I don't fucking know.... But I think the scenario is very bullish and that, even if it dips now, it should keep rising later. Right here I'd like bitserve, rjclarke2000, Elwar, Torque, lightfoot, infofront, JimboToronto and Searing's opinion. Interesting times are coming. Segwit is about to activate. We already know Litecoin's behavior. But things are different right now. Another fork is about to happen. And this is not like the previous, when the honey badger just ignored the altcash for our cheers. About 8 days from here we may see Bitcoin's price submerge and another alt rise with (maybe) half BTC's value. In my opinion it would be similar to March's Winklevoss ETF. There happened a rush from $800+ to $1200+ in a few minutes, then... BOOM! Two months to recover to another (very celebrated) ATH. Not that I care about it, I learned my lesson from afrocoin's irresponsibility. I'm a Matrix hodlr since then. I'm asking only because I'd like to have some help to predict a window where I could buy some cheap coins. Thank you for you attention. I know you didn't ask for my opinion, but I figured I'd toss in my thoughts anyway ... I wouldn't draw too many parallels between price action around segwit activation for litecoin vs bitcoin. There's a tiny but nevertheless worrisome chance -- especially worrisome to new investors -- that SegWit activitation in 8 days will trigger some unexpected software bug and cause some sort of technical disaster. So when SegWit activates and the first SW transaction propagates without mishap, that could be a little bullish. So same effect as bip141 lock-in, although maybe not as pronounced. Up until a few weeks ago, investors have been viewing litecoin as a hedge against the possibility of unending deadlock on the scaling debate. SW lockin and activation was less of a concern for litecoin than for bitcoin, relatively speaking (relative to the other forces driving litecoin price). For context, I'm viewing this under the assumption that the current uptrend is fueled by institutional investors who are just now getting comfortable with bitcoin investing. So I try to interpret events from what I imagine their perspective to be. Yes, the SegWit will trigger some unexpected software bug but the SegWit will be finally activated in 14days not 8days. The price of bitcoin is sightly pumping up though. Is there something that LTC /Charlie Lee has missed ? |
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Coverage Area Blockstream Satellite currently covers nearly 2/3rds of the Earth's landmass. To see if you are in the coverage area, use our Interactive Coverage Map Hardware Required To utilize the Blockstream Satellite network, you must have the following hardware at a minimum. These items are available from resellers around the world and we are currently working with a vendor to provide complete kits and components. Following is a list of all the hardware required: 45cm Ku Band Satellite Dish (antenna) PLL LNB (linear polarization) w/ < = 200kHz LO stability LNB Power Supply LNB Mounting Bracket Software Defined Radio interface Cables, Connectors, and Mounting Hardware 1. Minimum 45cm Satellite Dish (bigger is better) Blockstream Satellite is designed to work with small antennas only 45cm or larger in diameter. However, a larger antenna is always better. When possible, we recommend installing an antenna larger than 45cm if one is readily available. 60cm, 90cm, and 1.2m antennas are readily available. Other than size, the only other requirement is that the antenna will work with Ku band and higher frequencies. Satellite Frequency Bands Blockstream Satellite operates in Ku band. C band: 3.4 GHZ - 4.2 GHz Ku band: 11.7 GHz to 12.7 GHz Ka band: 17.7 GHz - 21.2 GHz Software Requirements Three software components are needed to utilize Blockstream Satellite: Bitcoin Fibre: http://bitcoinfibre.orgGNUradio: http://gnuradio.orgBlockstream Satellite Receiver: https://github.com/Blockstream/satelliteAll this and more = https://github.com/blockstream/satellite |
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Awfully sketchy on any details. One way or two? How many satellites in orbit? What percentage of the population do they cover? Uptime for each region? Of course, we've had bitcoin transmission over packet radio for years. I thought Blockstream didn't like Garzik's ideas? See my post above^^ Looks like 4 so far currently in orbit https://blockstream.com/satellite/satellite/ |
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Maybe the N Korea thing calming a little is reducing the S Korean buying pressure?
Anyone watching the SK exchange volume?
Bithumb BTC/KRW Vol is $308,881,000 / 10.59% of the vol past 24 hours and price is at $4247 |
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Finex is knocking on $4400  |
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People in South Korea are buying BTC like there is no tomorrow... and it could be true! For sure ... I just do not recall seeing them as volume leaders before 😁 ...and the $4459 price tag.. I knew they were keen in S Korea but yeah that's some enthusiasm |
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Bithumb?  |
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1038 days until block reward is halved (ETA)  |
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16,506,412 - not a whole lot to go round really..... that is not even considering the inactive/lost coins.....
Even counting at 16.5 million coins there would not at this point be enough BTC even for each millionaire in the world to have 0.5 BTC
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Holy Batman!  They are making a bold claim there..... 0_o I like it. I am waiting the day in which Bitcoin ventures start advertising on national TV big time. If they are going to do what they say/hint they are going to do....... then the implications are enormous, even more so if they have cleverly worked out a way to use BTC in the mechanism of this "global internet connectivity" they talk of, beyond "simply" increasing the potential for market reach of BTC (which would be impressive enough) Blockstream.... You dark horse you Bastards got me with their advert... and that never happens. (not to mention the implications for the global economy and the direct implications for the 4.2 billion unconnected people- I really hope this delivers) |
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