Yes, based on this analysis, I going to deposit all funds to Bitmex, ASAP; go all in; take market order 100x leverage.  

Good grief! We haven't even broke 7000 USD yet and here come the bears stating we are due for another 66% drop. Guess that's what all the bulls get for predicting the moon shot is just a heartbeat away.

Perhaps this is a good excuse to have a relapse. 

The "steal all the segwit" chain would be absolutely worthless. The markets will most likely be frozen before the bad actor can close their short positions. Even if the bad actor was fast, it is highly doubtful that the bad actor will be able to recoup his costs for this 10+ month chain reorganization he will be attempting, especially in this relatively illiquid market. Also, if the bad actor's intent was to absolutely destroy Bitcoin, that will not come to fruition either. I would see an emergency hardfork in the works. I really doubt any entity is going to spend hundreds of millions of dollars to try and implement a "steal the segwit" 51% attack. Also, I doubt that the attacker is somehow going to make his chain plausible by trying to bribe people to accept it. How many billions is that going to cost?  

Was this what was going on with Butterfly Labs?

Also, there was GAW who strung people out with their cloud mining service, to culminate in the XPY scam.

No, it wasn't too bad. It allowed for many people to finally gain some form of financial independence. However, minnows like me need it to go to $100000 USD. I long for the day that I can tell my employer good bye.

https://www.youtube.com/watch?v=EPrSVkTRb24

Yes, someone else in the thread verifies and and quotes your signature information. That way someone who hacked your account can't simply modify the original message that you signed. The hacker would also have to hack the account that quoted you.

Is that all the bears have to offer? Let's hope so.

It's amazing how the two 51% attacks that I heard about are Equihash coins that intend to fork away to a new algo due to Bitmain's recently released Z9 ASIC. However, Jihan denies Bitmain would ever do that. In fact Jihan told Zooko Wilcox that they don't do stealth mining at all and Zooko believed him.  

Yes, it was nice to see some of my older BCH positions get scalped last night with my BTFD bot.

     I don't intend to shill for Bitmain. I am just really disheartened that ASICs are cropping up left and right. All I want to do is hobby mine with my one GPU. I really don't want to be forced to buy dedicated or limited hardware just to continue to hobby mine. Most of these ASICS are probably going to be replaced with with better ones in a year or two. So, I end up with a bunch of bricks that didn't even ROI because the difficulty on the coin(s) shot up sky high. At least when my 1 1070 becomes obsolete for mining, it's attached to a desktop that I can enjoy for 4 years or more. Or I can simply upgrade the GPU, which is usually cheaper than buying specialized equipment.
    Bitmain coming out with the Z9 has really made me cynical as well. I was under the mistaken notion that Equihash was "ASIC resistant" because of the memory requirements. Now I look at this new proposed algo, and I'm skeptical.  I feel like Bitmain will just cut out the two unneeded components and optimize/improve the components that are needed. If they can't do it, like I said before, they can offer another chip maker to do it.
     Also, due to economies of scale, Bitmain can always set up large farms that will get electricity and the equipment for way cheaper than anybody else, ATM. If they don't like the electricity rates in China, the can simply set up a huge farm elsewhere. I don't believe Jihan Wu when he told Zooko that they don't have any "large" GPU farms. Even if true, they are in good position to set up a large one, if need be.



That would be ideal. However, King would probably come up with a botnet which would allow people to get lives faster, if they use this new nifty feature...

Well, that is nice and all. However, I have seen this all before. That somehow this new algorithm is ASIC resistant. The simple fact of the matter is that the algorithm may really only be resistant to the current known technology. However, better chip design is an ongoing process. I am quite certain that the Bitmain R&D team is busy coming up with ways to flout anything the community will try to stymie them. And if their team can't do it, I am sure they will be happy to ask for the assistance of Nvidia, Amd, Intel, Samsung or whatever other chip manufacturer, and pony up the cash to come up with a solution for them.

https://www.youtube.com/watch?v=mPVpMxVn6mk

All this constant forking is going to do is encourage Bitmain to develop more efficient FPGA's instead. Then when a major coin forks away, they just update the firmware. Sorry, Bitmain survived and thrived after the 2014/2015 bear market. They are too big now and we are just going to have to put up with them. Our only hope is to have some genius comes along and develop a better chip that blows them out of the water and/or finds a way to build massive farms for cheaper electricity. Only problem: we are probably going to end up hating that company too.  

Perhaps it is better that we forget about it. What a phenomenal waste of money, time and talent. NASA would have been better off, and gathered much more useful science by sending umpteen unmanned missions instead.  I feel the exact same way about NASA's current project on sending a manned mission to Mars.

Don't worry. It will be more economical to drill a mine to the core of the Earth to obtain the "motherlode" found there than to  alchemize gold or asteroid mine.

Well, I started to read the article and almost completed. Then I realized that I will probably never be put in a situation where I have to start trading OTC in fear that any moves that I would make would deeply affect the markets in any way. 

You can hold it in one hand? WOW

When you spend all of your sMerit, you will not be able reward any more mertis until you get more with one of the following two ways:
a) You are one of the 80 sources that get smerit replenished, so you can give out.
b)You earn 2 merits which gives you 1 sMerit to give out.

Perhaps there is a way to modify the BTC code or the clock on the rig to spoof the time in the blockheaders. That way, your could make your clandestine chain think it's solving a block about every 10 minutes when it is really mining a block every few seconds. Or is this something that just can't be spoofed?

Well, it looks like my BTFD bot is probably busy right now.   Can't check on it because I am at work and have no idea what my password is.