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361  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 25, 2016, 05:12:14 PM


Fourth:  Are you suggesting a drop in hashing power too, or not?   I don't see that, so far.

Yes the HR is down, how can you not see this?  

Hash Rate:   1,363,094,377 GH/s right now

It was ~ 1,550,000 GH/s at halving, had been inching up until halving, held steady for a short while after halving and has recently declined.

That is ~ 12%

Hashrate isn't steady - it fluctuates. It fluctuated pre-halving too: https://bitcoinwisdom.com/bitcoin/difficulty



Yes, I follow the green line as it is the smoothest.  That chart is only 2 months but the recent decline looks different.  There are many things that contribute to fluctuating hashrate and it would seem that the halving is a significant thing.  Yes it's a bit early to tell.
362  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 25, 2016, 03:44:03 PM


Fourth:  Are you suggesting a drop in hashing power too, or not?   I don't see that, so far.

Yes the HR is down, how can you not see this?  

Hash Rate:   1,363,094,377 GH/s right now

It was ~ 1,550,000 GH/s at halving, had been inching up until halving, held steady for a short while after halving and has recently declined.

That is ~ 12%
363  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 25, 2016, 10:35:15 AM
Yesterday there were 7 pull requests merged from 5 different contributors. Smiley

GUI maybe ....

One of the PRs was for the Godot-UI (dangles carrot) but many have come before.

As far as the answer to the ultimate question (no not that one), how would I know?  Grin
364  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 24, 2016, 01:53:38 PM
Yesterday there were 7 pull requests merged from 5 different contributors. Smiley
365  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 24, 2016, 12:47:12 AM
I have no idea where the next top will be other than higher than the last one.  And at some point  Smiley Wink Cool

It seems ShapeShift has been down for a while and the price has been going up. Tongue

366  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 24, 2016, 12:35:37 AM
The current poll, as usual, tells us how f'g clueless those here are. By far the highest number of voters say btc will be over $1k in a week, and the lowest number of voters at $650 will turn out to be right. Yes, this is an utterly worthless source of info as usual. Entertaining though!

It's a troll poll.

The highest value always wins and the lowest is usually second.  Must be some newbies voting in this one who thought the "reasonable" optimism of 800 was correct.

Then after the deadline people keep voting because the like being "correct" and the poll then gets closer to reality.

I don't vote because I'm clueless.  As long as the price is below the 32K Adam promised I just keep buying whenever I can.
367  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 24, 2016, 12:24:20 AM
.0018? This leg down is quite low in volume...

Im seeing more like .00249 floor and .00335 next leg up

Time to share your book. Where´s the local top this time?

Are you starting to talk to yourself? Grin
368  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 23, 2016, 12:15:36 PM
I think the weakness of Monero is the constant inflation.
I think the weakness of monero is that it answers a use case which a lot of people either don't understand or don't care about.

Its a dilettante's coin really.
People understand the concept of not having their bank statements plastered all over the internet for all to see for eternity right?

Same situation applies to bitcoin and monero.
Seems like some people are not that fast to get this. Anyhow, given enought time, they will

Nobody is able to point at that bank statement plastered all over the internet for all to see for eternity. You able to point at my BTC wallet?

Chain analysis keeps improving and if you are indeed hidden now, are those techniques going to be sufficient against any and all future improvements in chain analysis?  Ofc everything you and everyone has done on the btc blockchain is a matter of public record.  From your statement it seems that you value privacy.  So why are you not appreciative of the best private cyrptocurrency?

https://www.elliptic.co/
369  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 22, 2016, 11:41:32 PM
I think the weakness of Monero is the constant inflation. The idea of coins being mined for ever doesn't incentify adaption for people who want to preserve their wealth.
Monero is much like Doge coin but lower inflation percentage. To maintain any value people need to buy coins on constant basis (like in fiat - to maintain the value there need to be economic growth which hopefully exceeds the rate of inflation).


It's 432 coins a day which doesn't seem like much.  I'm sure you must be aware that that 432 coins is intended to both incentivize mining better than 0 coins and I believe it's needed for the adaptive blocksize.

At 0 coins produced the supply will eventually tend towards 0 because as aminorex pointed out there is some unusable dust (not so much going forward) as well as the inevitable loss of coins.  

It's a well know fact that many untold thousands of coins have already been lost in boating accidents.
370  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 22, 2016, 03:08:36 PM
lol primer- ragequit  Shocked

Poor guy, sorry you can't get as much free money as you used to :'[

Trying to stay on topic, I'm expecting BTC to move up over 700 at least and XMR to fall back under 0.0025 in the next week or so.

Very doubtful.  XMRUSD is too cheap in that scenario.
Well, it hit .00251

It did?  i only see it to about 0.00259.

There was a very brief down spike to 0.002551 and for a few hours if you were lucky you could get a few at 0.00259

I was thinking it might have gone down to 0.0025 this morning which would have caused me to buy.  Maybe aminorex is generally correct  Cool

I don't see btc going anywhere but sideways so if XMR goes down a bit I will convert some btc to XMR.

Edit:  I mean sell now guys.

ReEdit:: Look btc going down
371  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 22, 2016, 01:43:47 AM

determinism says that, that the past, present, and future is identifiable as an unbreakable chain of circumstances of which no single link in such a chain could possibly be avoided or altered. so if there was a entity that knew everything about everything he could predict the future, because for any one moment there is only ONE possible physical further moment.
- The Truth

and so i say:


Existence precedes essence, but the the truth precedes all.


Unfortunately, quantum mechanics and a hundred years of thought and experimentation have laid waste to determinism in the way you're thinking.
At any 'point' in time, there are many future possible outcomes for the next closest future 'point' in time. All outcomes have known probabilities. One such outcome is randomly chosen from an observer's point of view.
That is true randomness btw - not just a lack of information.

does it really make any difference if the next possible outcome is chosen by true randomness or a predetermined set of random?
the end result is the same, we get an immutable chain of events which no one can really control.
i guess your suggestion that the future cannot be predicted because of the true randomness factor.
it would be interesting to understand how they have determined that true randomness actually exists...

not sure what you mean by a 'predetermined set of random', but I'll assume  you mean a fixed probability distribution .
Either way, the outcome is not as you said: 'for any one moment there is only ONE possible physical further moment.'

The rest of it is interesting but not where I intended to go in a bitcoin trading thread.
FYI, I'm in the everett many worlds interpretation camp, if that helps ya.


Then surely you know of Sean Carroll
372  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 22, 2016, 01:29:08 AM
Geez fellas, xcoin/darkcoin/dash almost 9 bucks?
This must suck, for you.  Cry

/troll
(You're welcome)

"Oh never mind those ninnies," cried Coralie, springing upon his knee and putting her beautiful arms about his neck.


I have the complete works.  Not the originals but over 100 years old.

It's amazing that twice I pulled the first quote of a book and it fits your post well.

Balzac the Magic 8 Ball.
373  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: July 20, 2016, 10:04:41 PM
Only 14 pull requests were merged today  Cool
374  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 20, 2016, 09:50:52 PM
its been over a year now and my monkey is still saying >32,000 in < 2 years

Does that mean it will happen in less than a year? Smiley  Oh wait, you used the word "still".  Undecided

Quote
cant lie, starting to think he might be wrong.

Now you tell us?  Tongue
375  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 19, 2016, 12:04:03 AM
Doom death despair and degradation

                     or

A girl running through a field half naked and high and laughing in the sunshine.
376  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 18, 2016, 03:45:20 AM
Monero lacks completely the bullish and bearish trolls that are trolling in hard core manner.

Hey man, I'm doing all I can to stir the pot and goad the haters into using shorts to keep the price low for us buyers.

The closest we have to a respectable troll is Shelby, who isn't nearly as qualified as Prof Stolfi (the boss of the Buttcoiners).

We do have some remarkable bulls, in the form of Risto and Pegasus.

For now, that's fine.

Drama will intensify in proportion to market cap, Soon.TM

I'll try to troll you guys if you want? Not much, I know. But it's a start?

Primer- is maybe not the calibre of enemy one would like, but he is pretty deeply trollish.  Illodin is a somewhat higher grade of troll, but less deeply so.

Maybe we should use the forum funding system to incentivize more  aggressive, higher quality trolling?


I think one of my biggest hurdles would be the fact that you guys really aren't all that funny, but it would be a step up for me. Ethereum isn't even a moving target. Undecided

"Am I to your taste?" she went on, rising and displaying her gown of white cashmere.
377  Economy / Gambling / Re: SwCpoker.eu | No Banking, Only Bitcoin | Bitcoin Poker 2.0 LIVE NOW! on: July 18, 2016, 12:30:54 AM
my img tags dont work, do I need a certain amount of posts?

Yes you need a certain activity rating.  I believe it's activity of 30 for Jr. Member and if not it's 60 for Member.

https://bitcointalk.org/index.php?topic=178608.0
378  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 17, 2016, 04:40:48 PM
I can't believe this fuckin shit. I was about to put in a 20x long position at that drop when we dropped to 655 on stamp.

If we go don't go below there ever again...

May have to do with the 3x on finex

Well, I panic bought with 3x at 675$... Let's see how this goes, but IMO could reach 1200$, in 3 - 4 weeks.

LOOK! you are no longer under water little bear!
379  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 17, 2016, 01:02:11 AM
If you use Monero or any other crypto for transactions you do not care about the price.
If you want to buy a cup of coffee for 6.5 usd but pay with bitcoin, you do not care if they price of btc is 650 usd/ btc or 6.50 usd/ btc since you buy it at the same price from the markets that you spend it on coffee.

$6.50 for a cup of coffee?  I thought you were frugal Grin

I drink tea at $0.03 a cup.  Not long ago that difference would get you 25 Moneroj.  I can't believe 1 Monero was 5 and is now 40 deposit bottles. Tongue

Where do you think this poor boy got all his Moneroj? Wink


Oh look, 29k sell wall at 301999/302000  Cool
380  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 16, 2016, 02:23:43 PM
While having nothing better to do I deciding to clean up my many hundreds of bookmarks and came upon the following in my btc folder.  I love "news" Roll Eyes  Please note the date.

http://www.bloomberg.com/news/articles/2014-07-10/bitcoin-by-bitcoin-the-winklevii-etf-inches-closer-to-reality
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