You know the number 4 represents death in Chinese?
Death to bears! |
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It's written EW analysis right ? And EW analysis here could be of a significant help but i'm still a newbie so that's why I am using it with some stuff I understand more.
From the sticky: |
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By "on a dime" you mean "In Two WeeksTM," right?
In the past, when significant problems arose, yes, bitcoin has been able to fork immediately. Blocks are not full, therefore, there is no immediate need for a fork at this time. If the need arises, it will be dealt with. |
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Take your altcoin spam to the altcoin forum. ETH price 1 month ago: .0248 BTC ETH price today: .0251 BTC Such growth! |
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Don't be stupid. There is a major difference between selling at a 'small' loss (i.e., just in the red), vs. selling for nothing. Mining costs absolutely do put a floor on what miners will be willing to sell coins on the market. The floor was around 200 just last fall, and was tested multiple times. Now hashrate has risen significantly since then.
And with the new higher-efficiency miners coming, the electricity cost to produce a bitcoin is about 10% of its current value. We're way above the potential price floor. This current rally is going to cause a lot of new miners to come online and drive the difficulty way up. |
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Because franky has been chasing both Maxwell and me (among others) around with his nonsense when he didn't even understand what median meant in the first place.
I still don't get it. Why would anyone waste any time calculating "median"? It's completely worthless. |
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doubtful that the chinese will speed us through 4000 CNY.
massive barrier there, i think the west need to drag china from 3999 to 5001 before they will start carrying again.
Chinese are very superstitious, and the number 4 is very bad to them.
I'd be fine with the west taking us to 5000 CNY.  |
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"mean" is far more useful to estimate how many transactions are likely to fit in a block.
Nobody said that it wasn't. So why are you talking about the median? It is a completely worthless statistic with regards to this topic. |
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Or are you saying something else, such as this is the real deal, this time?
This. This rally seems far more natural. |
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Forget the all-time high. That was faked by Mt. Gox and willybot.
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"median" is not a very interesting number when considering blocksize. "mean" is far more useful to estimate how many transactions are likely to fit in a block.
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If you lose your card, you're not going to lose any money as it's going to be taken care of by your bank.
The bank takes care of it by taking the money from the merchants, who now raise their prices to offset the fraud. You now get to pay higher prices for everything because credit card fraud is so pervasive. You think you're getting "protected", but really you're just paying for it up-front in fees and higher prices. |
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If there's hundreds of threads on the same topic, it sounds to me like there's something unsolved and worth debating. Or has this forum become so polarized that open discussion disagreeing with local dogma is no longer welcome ?
No, it just means you're insane:  There are several core principles that aren't going to change. 10 minute average block times is one of them. You can debate it all you want, but the result will always be the same. This is how Bitcoin works. Feel free to switch to an altcoin if you want something else. |
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Uh  Looks like four of my posts in this thread that were basically stating actual facts verifiable by any and all were deleted by a mod ?? What's going on here ? Is reality somehow no agreeing with the bitcointalk orthodoxy ? That's quite amazing. The whole thread should be deleted. Block confirmation time is working as designed. Use the search function and you'll find hundreds of threads saying the same thing you said. This whole thread is a waste of space. |
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They might miss out on the 12.5 BTC since they didn't broadcast their block
They could always withhold the block until someone else finds a block, at which point they can broadcast their block and hope to win the race. They would still lose sometimes, but sometimes they'd win. |
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And that's it for May. It's so weird that you can avoid court just by refusing to get a lawyer.
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If the price of bitcoin is too volatile, the merchants will not store it, and it is useless. It has no value.
I'll let you in on a secret. Bitcoin has usefulness and value outside of simply storing it. You can actually do transactions with it! |
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Lol, when BTC spikes 5% in 5 mins, it's natural, organic growth  But let a modern, technically superior crypto go up by ...let me check... ...11.5%, you call shenanigans? Yes, because we've seen the same thing happen with thousands of other altcoins over the past 7 years. They all "claim" to be superior, yet they all fail to overtake Bitcoin. Enjoy the temporary "pump" phase. Eventually you'll get hit with the "dump' phase. |
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Bitcoin is working as designed.
/topic-closed
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"It can be phased in, like:
if (blocknumber > 115000)
maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade." - Craig Wright
I see what you did there. |
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