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61  Bitcoin / Mining speculation / Re: Japanese company GMO announcing new hardware and mining operation on: December 15, 2017, 03:52:06 AM
How to buy chips or boards from GMO?
Does anyone have contacts with the company that produces the chips within the GMO consortium?
God forbid you actually read the threads about 7nm chips and this pie-in-the-sky project.... 7nm thread Or for that matter, perhaps read the 1 page of posts in this one  Roll Eyes
NO ONE - not even Intel or IBM - can produce 7nm chips at this time and most projections from them put it in late 2018 AT BEST.

indeed ... only those esoteric academic chips , I can name one or two 
62  Bitcoin / Press / Re: [2017-12-14] United Bitcoin Hard Fork Aims to Steal Inactive Wallet Balances on: December 15, 2017, 01:53:39 AM
I think they are going to use those to airdrop to LTC, ETH, QTUM, HSHARE holders to get more people onboard.  Otherwise where else would they get the supply to do that?  I went to the live even in Silicon Valley also.  I don't think it's a scam.

Forking the blockchain and then claiming all inactive coins to be in their control is not a scam? Okay, but that is your opinion.

In any case, let us wait for United Bitcoin Foundation to name their head and let us hope it is Craig Wright hehehe.

'United' on my very modest vote is just something between pure cryptology maths and experimental material understand of reality 

https://en.wikipedia.org/wiki/Standard_Model
63  Bitcoin / Bitcoin Discussion / Re: Bicoin Price Reached Maximum ~ 16 000 USD, So It Is Wise To Sale Your BTC on: December 15, 2017, 01:40:47 AM
we should test 20 000  Tongue

https://www.coindesk.com/no-stopping-after-record-high-bitcoin-price-eyes-20000/
64  Bitcoin / Bitcoin Discussion / Re: Sell your house for investment in btc. on: December 15, 2017, 01:35:06 AM
the former members of this forum will say ... Déjà vu ...

"Buckle your seatbelt Dorothy, 'cause Kansas is going bye-bye!'"
65  Economy / Speculation / Re: Gold analyst throwing shade on bitcoin... does he have a point? on: December 15, 2017, 12:23:08 AM
here goes my AROW prediction ...

66  Economy / Speculation / Re: I BUY GOLD OR BITCOIN? on: December 15, 2017, 12:00:29 AM
I think bitcoin does have more liquidity ... lets imagine ..

right now you have a gold bullion bar in your hand and one bitcoin in your digital wallet ... which one would be easier to convert to fiat money ?
67  Bitcoin / Development & Technical Discussion / Re: How are Lightning Network transactions routed? on: December 14, 2017, 11:46:24 PM
maybe here: http://bitfury.com/content/5-white-papers-research/whitepaper_flare_an_approach_to_routing_in_lightning_network_7_7_2016.pdf

Chapter 3:
Quote
Proposed Hybrid Routing Algorithm
As a way to satisfy the requirements listed in Section 1, we define a hybrid routing algorithm, which we call Flare, consisting of proactive and reactive stages. The idea behind this approach is that the state of LN can be split into two distinct parts:
• slowly changing, or static, information (payment channels between nodes)
• quickly changing, or dynamic, information (status of nodes, distribution of funds within pay- ment channels, fees for using a channel, etc.)

and then follows a long text on routing possibilities. If you are familiar with the way how networks in the IP world work, you find it quite easy to read, otherwise there'll be a learning curve :-)
I think I read somehwere a comparison to border gateway protocols, but couldn't find it right now...


Wow, nice paper, suddenly LN became very interesting to me .. 
Quote
LN could resemble a mobile ad hoc network (MANET)

Is there any simulation of it (for instance using kernel-level network stack virtualization such as http://imunes.net/ ) or maybe a discreve event simulation on NS2, Opnet etc ?




68  Economy / Trading Discussion / Re: I created a google spreadsheet to keep track of trades/earnings on: December 13, 2017, 10:12:17 AM
I do have my own spreadsheet but I try to keep it as simple as possible ... and I guess the most important part of it is the trading diary ....where I write down the reason I did the trade ... for instance I went bull because RSI oscillator gave signal of over sold confirmed by candlestick bullish engulfing pattern bla bla ..

69  Economy / Speculation / Re: Why bitcoin rising up and down? on: December 10, 2017, 11:59:21 PM
sometimes, demand and supply cause it but news also affect the up and down of bitcon

What is Heisenberg's Uncertainty Principle

https://en.wikipedia.org/wiki/Uncertainty_principle
70  Bitcoin / Development & Technical Discussion / Re: why bitcoin mining difficulty is increased? on: December 10, 2017, 11:19:58 PM
because 7 nm Chips ?

Japanese Company Will Launch New Bitcoin Mining Operation With 7 nm Chips

http://www.nasdaq.com/article/japanese-company-will-launch-new-bitcoin-mining-operation-with-7-nm-chips-cm844523
71  Bitcoin / Development & Technical Discussion / Re: Vanitygen: Vanity bitcoin address generator/miner [v0.22] on: December 10, 2017, 10:33:55 PM
dev from VanityGen ... I tried some random-fu but I was spotted out straight

https://dev.gnupg.org/rD6021eb85de1a4dbb043eb345be75f2bc47235f11
72  Bitcoin / Development & Technical Discussion / Re: Is it possible to create Proof of Stake on LN and have wallets only on LN? on: December 10, 2017, 10:20:02 PM
I though LN was kind of PoS already  Grin


https://www.youtube.com/watch?v=jUhe7J6-aG0
73  Bitcoin / Development & Technical Discussion / Re: Is "cryptocurrency" a good term? on: December 10, 2017, 09:36:42 PM
Recently I've started thinking that the word "cryptocurrency" does a pretty poor job at describing what it's all about. The "crypto" part does not describe the main properties - decentralization and openness, cryptography is simply a tool for achieving them, and doesn't necessarily bring those properties. "Currency" is a pretty narrow economic term, which refers to money in active circulation, but in our case we have digital units that can have many use cases and most notably they allow building applications on top of them. The "currency" part is also used by opponents to claim that they are in fact inherently worthless by pointing out their high volatility and lack of scalability - two factors that indeed make them almost unusable for daily transactions for average user at the moment.

Thoughts?

well, another day at twitter I saw cryptographers almost had a 'tilt' because people using "crypto" as "crypto currency"
74  Bitcoin / Development & Technical Discussion / Re: I don't understand sidechains on: December 10, 2017, 09:30:33 PM
and don't do I .... no hang on I guess from I do ... Grin

I am old school; I see PoW as something like McLuhan's "The medium is the message"

75  Bitcoin / Bitcoin Discussion / Re: Lightning Network + Amazon on: December 10, 2017, 09:03:59 PM
I think that all the real capital ( "energy 'in' system feed") comes from human beings activit  ...

BBC Panorama - Amazon The Truth Behind the Click BBC documentary behind amazon shopping 2013

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

76  Bitcoin / Bitcoin Discussion / Re: Lightning Network + Amazon on: December 10, 2017, 08:57:43 PM
Amazon cant even organize their warehouse goods delivery buffer .. that's why they pay the "maximum minimum wage" to their warehouse employees
77  Bitcoin / Bitcoin Discussion / Re: 5 hours before the futures launch!!! on: December 10, 2017, 08:42:24 PM
What is XBT ? sorry feel like I'm recovering from stroke ...  Huh
78  Economy / Trading Discussion / Re: Time management. on: December 10, 2017, 07:46:44 PM
in general I manage my time using a simple spreadsheet

/------------|--IMPORTANT-|-NOT IMPORTANT--|
/--URGENT----|------------|----------------|
/-NOT URGENT-|------------|----------------|
79  Bitcoin / Bitcoin Discussion / Re: Power Usage on: December 10, 2017, 07:32:38 PM
I think that we need some level of power hashing pupping into the system to make sure that it will be hard for a centralized systems such as governments, corporations, etc ... to take over our computation power ...
80  Economy / Speculation / Re: 🤖 Future of Trading - AI vs Humans the Prediction Challenge WIN 0.05 BTC 🤖 on: December 10, 2017, 06:28:58 PM
That is an interesting project ...

is it possible to training the machine learning model with supervised human data ?

For instance, we could get data from something like UNU[1] and feed a Jupyter Notebook or something ... all open source  


[1]Artificial Swarm Intelligence vs Human Experts  (https://unu.ai/publications/ )    
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