Pretty much..and coins valued under a few hundred satoshi seem to be a real bargain. They blow up to 6500 sats easily. Not sure how long it will last but I have no problem taking profits when I can. 

 

Tomorrow should be a fun ride. The 15k support line has now turned into strong resistance and volume is building. I am a bullhodler.

Good morning.  Lets see some of your TA?  No...never posted any?  Only post cute little meme's and take shots aimed at the back?  I see..
Let me know when you find the courage to put something possibly constructive out there for others to criticize without worrying about "oh no! what do the forum trolls think of me?!?"

Have a nice day.


Yes, I am grumpy in the morning.

OT

I think maybe everyone is a bit too focused on the CMC and not trade volumes. The velocity of the coins in circulation seems to be a more important metric. Even then, are these actual trades or just wash.

Exactly.

I just commented on this very issue in another thread.

Guess I'll just quote myself. 

  v   This is just one group here that I saw. They claim over 75k members...all slam dancing thru different exchanges.


I imagine non-English speaking groups are out there too. The power of such groups is not to be denied. Everyone keeps going to the the .com bubble..its really the only modern thing we can equate with the rise of cryptocurrencies. Yes..many of those companies crashed and burned. But dozens are now billion dollar+ entities. I paraphrase what I said in another thread..can it be a bubble if your filling empty space. This is something new. A paradigm shift if you will. Global markets and Sovereign states are being dragged into this new "space" wither they want to come or not. Of the estimated 80 trillion in "broad" money out there crypto is going to grab a large chunk. Never all...there will always be a need for coin and cash...and other commodity's. Is getting 50% of that unreasonable?  Maybe...but I think it will easily double from where it is now..and double again.

Only if the user base stayed exactly the same. No increase of velocity, no more adoption curve....heck lets just tether everything..   

-off topic-

Hah..I got caught sideways on a XLM trade at bittrex today as the price spiked...bought almost right at the top at .000053ish. Collapsed soon as I dove in down under 48 and I thought great. Within a couple minutes someone with well over a 100 coins blew it all the way up past 63 where I stepped out.

Nothing like a day at the casino without ever leaving the comforts of the bunker.

*fingers crossed*  It will be a good thing for bitcoin.

With about 80 trillion in "broad" money floating around out there...we got a ways to go.   

Hah!

Its really quite amazing...47 million digit number.


The most interesting thing I found was the hardware used.

     The primality proof took six days of non-stop computing on a PC with an Intel i5-6600 CPU. To prove there were no errors in the prime discovery process, the new prime was independently verified using         
     four different programs on four different hardware configurations.

    Aaron Blosser verified it using Prime95 on an Intel Xeon server in 37 hours.
    David Stanfill verified it using gpuOwL on an AMD RX Vega 64 GPU in 34 hours.
    Andreas Höglund verified the prime using CUDALucas running on NVidia Titan Black GPU in 73 hours.
    Ernst Mayer also verified it using his own program Mlucas on 32-core Xeon server in 82 hours.
    Andreas Höglund also confirmed using Mlucas running on an Amazon AWS instance in 65 hours.

Not only was the Vega twice as fast as the NVidia it was the fastest overall. The Vega is a compute monster from all ive read. Drivers and optimizations in software are only now starting to catch up to it.
With all thats going on about Intel shitting the bed and the Ryzen platform from AMD hitting a home run in 2017..I like the look the road map coming for hardware up and into the 2020's.
Now if memory prices would just go down...

I dont get it..why go to a bitcoin forum to talk about another coin?  There are even child boards for this very topic. Yet when you are rebuffed...you cant understand why zfag.
Fine you want to hold other coins..trade..what ever..dont expect a warm fuzzy reception when you come in here to talk about it..

Your so last century dude...keep up or get out.

All interplanetary travel will be via magnetic plasma sails. And I concede that your probably right..mining and transporting raw materials from space down a gravity well is to difficult to be economically viable. Unless a space elevator or other such tech happens. Set off nuclear ordanance? Why ever for? Light sails, ion engines, gravity tethers..there are ways to easily and cheaply alter the orbits of noteworthy objects with zero muss or fuss.

The plasma magnet sail engine is little more than 2 pairs of charged rotating coils and is therefore extremely simple and inexpensive. A fully powered plasma magnet sail using a small nuclear power source could accelerate at 0.5G and reach 400-700 km/sec (0.2% of lightspeed) in half a day.
A stream of charged particles could be generated from Phobos or Demos to slow the Plasma magnet sail to Mars. If you were slowing a 100-ton manned spacecraft, then you would need to produce 100,000 tons of particles. There would need to be multi-megawatt plant on the moons of Mars. It is possible to scale up for manned missions and to stop the craft.
 Neptune has a large enough magnetosphere where a plasma magnet sail could stop by decelerating at 5Gs. It would be a 4-month mission to Neptune
 a 10 KW system could slow an interstellar spacecraft from 20% of lightspeed over 2 years. Interstellar missions could then explore the target solar system.

Roach...fuck off...what ever..I dont block you because its just childish..even an asshole like you ought to be heard once in awhile...a very brief while I might add.

As far as P&D group's...fuck off too...but..its interesting that my feeble charting points to a focal point in about 12-15 hours.

I think 20k by the 16th just..maybe..be possible.

Need a little more OT around here. And where are some train meme's..rockets..something.

...and we need more cowbell.

Wake up man..you missed the future..its here.

16 Psyche is located in the large asteroid belt between Mars and Jupiter. It is a 130 mile (200km) wide chunk of metal, made up of iron, nickel and a number of other rare metals, including gold, platinum and copper. If the asteroid could be transported back to Earth, the iron alone would be worth $10,000 quadrillion (£8,072 quadrillion).

The article I got this from goes on to explain how NASA is setting up a probe and scientific experiments to explore this very rock. There are literally millions of similiar and much closer NEO's that will be mined for raw materials in this century. A few of the companies on the forefront of this are Deep Space Industries, Kepler Energy and Space Engineering, Planetary Resources and Moon Express.

Gold and other so called "precious" metals are not so rare and precious. The future is encryption.


 

ikr

 

Throwing my bits in...coming off mid December ATH of 75k+ to settle in the mid 50's. The 20k plunge will be epic.

$55,582.97

 

I came across this article about quantum computing..thought it was relevant.

http://nautil.us/blog/-how-classical-cryptography-will-survive-quantum-computers

"For a general search problem, such as trying to find the key to a secret code by trying all of them, quantum computers are expected to have quadratic speed-up. For example, the Advanced Encryption Standard, approved by the United States government, has up to 2*256—or about a 1 followed by 77 zeros—keys. A quantum computer could make that same search as if there were only 2*128 keys—about a 3 followed by 38 zeros. On the one hand, that’s a lot faster. On the other hand, it’s still an awful lot of searching to do."

"The factoring problem falls into a category known as “hidden subgroup problems.” A group is a particular type of mathematical structure and a hidden subgroup is another structure inside it unknown to the codebreaker—in the factoring example, the product produces the group and the unknown factors produce the hidden subgroup. On hidden subgroup problems, quantum computers are predicted to get exponential speed-up. Factoring is faster than searching to begin with, so an ordinary computer could factor a number of size 2*15360 in the time it takes to search 2*256 keys. But a quantum computer could factor that same number in more like the time it takes to search 20,000 keys. That’s an enormous speed-up. It would pretty much destroy RSA, and the situation is similar with all of the other public-key systems currently in common use."

"Research is also being done into what is often called post-quantum cryptography, although a more precise name might be quantum-resistant cryptography. These are systems running on ordinary computers but based on problems that are not in the hidden subgroup category. These problems include solving systems of multivariable polynomials, finding the shortest distance from a point to an n-dimensional skewed grid of other points, and finding the closest bit string to a set of other bit strings."


Encryption is here to stay and will only grow more robust over time.