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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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2801  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: March 26, 2016, 01:26:26 AM
Can anyone inform me why Classic followers are racist to the chinese people? I am very sure that if this miner was white people from Usa or Zurich they will have not problem at all.

not sure, but I've heard some homophobic statements coming from that direction also ... think they said Core devs are gay or something, who knows they might be right but is there anything wrong with that?
2802  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: March 26, 2016, 01:14:16 AM
That article is interesting regarding Ethereums price and how it can help fund the company for quite a few years.
I would imagine companies invested and investing into Ethereum know this, so perhaps they are "funding" Ethereum
so to speak by buying the Ether, with this intention...

Well a similar thing happened with Bitcoin, maybe not quite as direct but companies like Circle, Xapo, Coinbase really started the whole Bitcoin "bubble" and interest back then, that's a fact.

Wasn't the 2013 bubble start before any of those companies had traction or even started?
I thought Gox problems and the Chinese started the bubble, well along with regular interest.

The 2013 waves up was clearly the result of the late-2012 halving ... as much as everyone wants to deny it, overshoot and a positive feedback between price-rising and perception-of-future-price demand explains the rest.

The effect of halving this time will be less than 4 years ago. As the existing coins are much more.

... there's too many other variables in play to say this definitively. Mostly it depends how much the current supply of new coins is affecting price on the margin, miners do a lot more dumping of new coins these days than they did in 2012 is my impression.
2803  Bitcoin / Pools / Re: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool on: March 23, 2016, 11:16:37 PM
I wasn't getting any reward for a while, switched to f2pool.
So does good luck and there has been more good than bad on Slush over the years.

Really? What's you evidence for this?

Over long terms a pool's "luck" should be neutral ... unless there is something else biasing it which would be of interest to me.
2804  Bitcoin / Hardware wallets / Re: [ESHOP launched] Trezor: Bitcoin hardware wallet on: March 23, 2016, 11:13:10 PM
Smart move.

How so?

Looking at the interest, pretty sure they would have got a lot more with an auction ... unless giving up profits for the taking is a "smart move" for some reason I'm not getting.

Maybe, maybe not. You would have to ask Ms. Vranova. Auctions are more complicated, take time and there is a time value to money. There is no auction site that takes payment by bitcoin so Trezor would have to hold an in house auction. They did not choose to do so.
I'll ask directly.

You said it was a "smart move" not to hold an auction ... why do YOU say that?

I say they lost money by not doing so.
2805  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH price soaring. Are you going to move some BTC into ETH? on: March 23, 2016, 10:49:06 PM
That article is interesting regarding Ethereums price and how it can help fund the company for quite a few years.
I would imagine companies invested and investing into Ethereum know this, so perhaps they are "funding" Ethereum
so to speak by buying the Ether, with this intention...

Well a similar thing happened with Bitcoin, maybe not quite as direct but companies like Circle, Xapo, Coinbase really started the whole Bitcoin "bubble" and interest back then, that's a fact.

Wasn't the 2013 bubble start before any of those companies had traction or even started?
I thought Gox problems and the Chinese started the bubble, well along with regular interest.

The 2013 waves up was clearly the result of the late-2012 halving ... as much as everyone wants to deny it, overshoot and a positive feedback between price-rising and perception-of-future-price demand explains the rest.
2806  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 23, 2016, 10:45:22 PM
Can someone please buy a few thousand coins? This nibbling at $420 is getting boring.

I love what the number stands for and all but it's time to move on.

 Cool

.... it could be GBP300 has become the big number barrier for now ... britz can be anal like that.
2807  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 23, 2016, 10:44:01 PM
I"M BACK BABY!!!!!!!!!!!!!!!!!!
You didn't miss much.

.... don't think anyone missed much.
2808  Bitcoin / Hardware wallets / Re: [ESHOP launched] Trezor: Bitcoin hardware wallet on: March 23, 2016, 10:42:17 PM
Smart move.

How so?

Looking at the interest, pretty sure they would have got a lot more with an auction ... unless giving up profits for the taking is a "smart move" for some reason I'm not getting.
2809  Bitcoin / Hardware wallets / Re: [ESHOP launched] Trezor: Bitcoin hardware wallet on: March 23, 2016, 08:35:13 PM
Only ten left should be gone by end of the day.

5 left. Wow these are collectors

Should have held an auction to get a true market price.
2810  Economy / Service Announcements / Re: Cryptosteel: The Ultimate Cold Wallet Private Key Storage System on: March 23, 2016, 08:32:46 PM
Has anyone actually received one in the mail yet?
2811  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [announce] Namecoin - a distributed naming system based on Bitcoin on: March 23, 2016, 12:55:56 AM
Wouldn't there be a way for someone to set up a server that acts as a DNS that includes namecoin domains?

Then you just point your computer DNS to that computer...what am I missing here?

Nothing. Those have existed from very early on in namecoin. Bridges they were called for a while.
2812  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: March 23, 2016, 12:50:47 AM
when did johnyj sell his account  Huh

govvy-johnyj reloaded
2813  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 22, 2016, 05:11:23 AM
^^ meet the new shit show same as the old shit show ...  Angry
2814  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 22, 2016, 12:03:21 AM
Bitcoin can handle a scale-up to 2Mb. It's obvious.

The funny thing is that there is a hard drive that can store 9 year's worth of full 2Mb blocks for 9 years. For $85!
The countries with lower average internet speeds than 2 Mb/s (according to the Akamai ratings of 2015) are the likes of Bolivia, Venezuela and Paraguay. We're talking ranks 119, 71 and 112 in the Human Development Index, respectively.

I don't know about you, but I think that the third world is as ready for bitcoin as it was for the internet in the 1980s.
Right now, we shouldn't hold bitcoin back in fear that some people won't have the storage or internet speed to run nodes/mine. But still, it's a phony excuse.

Did you read the link? It is full of classic supporters planning on restricting the capacity upgrade in April with an attempt to block the softfork with 5% of mining power.

That soft fork your talking about is SegWit,  it's not a Bitcoin capacity upgrade it facilitates off chain transactions and fixes a few bugs that don't affect users.

according to Gmaxwell: "Segwit is not about saving space for plain full nodes" either.



... classic support segregated half-wit?
2815  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: March 21, 2016, 11:34:14 PM
So Classic is just 2MB to start, then some other shit? Well that was more than a bit deceiving. Huh

... it is a bit more than that, you've omitted the Gavin cargo cult angle to it.

Quote
...The name derives from the belief that various ritualistic acts will lead to a bestowing of material wealth ("cargo").[1][2]

Cargo cults often develop during a combination of crises. Under conditions of social stress, such a movement may form under the leadership of a charismatic figure. This leader may have a "vision" (or "myth-dream") of the future, often linked to an ancestral efficacy ("mana") thought to be recoverable by a return to traditional morality.[1][3] This leader may characterize the present state regimes as a dismantling of the old social order, meaning that social hierarchy and ego boundaries have been broken down....

https://en.wikipedia.org/wiki/Cargo_cult people behave strangely when you throw money into the mix.
2816  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: March 21, 2016, 11:32:30 PM
It's already a global currency isn't it? It was made for everybody to use. Not for one location or country that's what i mean.

yes, it is even better than global currency, it is internet of money, you can use it anywhere in the world AND on the internet.
2817  Bitcoin / Bitcoin Discussion / Re: ToominCoin aka "Bitcoin_Classic" #R3KT on: March 21, 2016, 12:08:42 AM
Quote
Bitcoin is also a private property system, and those that hold the most % of it, should have more rights over it. But as a guest, anybody can join.

These are interesting ideas. I have heard Bitcoin referred to as a private members club, yet open to all. Holding bitcoin gives you private membership rights to trade bitcoin with other members, temporary members or initiates.
2818  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2016, 11:34:44 PM
halving is not priced in, if it does go up due to halving it will be 2 or months after halving. Prices are set on the margin and monetary pricing is always very sticky, i.e. hovering around big numbers for long times and then moving rapidly to next big number 'set-point', due to unit denomination psychology.
2819  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 20, 2016, 11:04:35 PM
Quote
So either we will eventually get a network congestion failure or a complete halt in price appreciation without additional capacity.  This is not an opinion. This is a logical certainty.  

... this idiotic statement refuses to acknowledge that there are already a great number of bitcoin transactions that do not take place on the bitcoin network, and they can also lead to price appreciation from an increased network effect.

Your argument is simplistically idiotic because it is the equivalent of saying that if everybody cannot use FedWire then USdollar usage cannot increase.
2820  Bitcoin / Bitcoin Discussion / Re: Gavin coding SPV mining into Classic on: March 19, 2016, 12:40:35 AM
Validating a block takes around 300ms on my pool.
My pool has the 2nd highest average block size.

The highest is solo.ckpool.org that also has this tiny time to validate blocks.

So anyone using some argument about why empty blocks are required clearly has no idea about the facts and about coding.

The pro empty block argument is FUD to cover crappy pool software and low quality coders.

Yep ... so much fail flying around these days, there's bound to be an accident.
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