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Question: Will Block reward halving will happen before Thanksgiving 2012?  (Voting closed: November 26, 2012, 07:34:27 PM)
Yes - 18 (27.3%)
No - 48 (72.7%)
Total Voters: 66

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Author Topic: [POLL] Block reward halving will happen before Thanksgiving 2012  (Read 1613 times)
smoothie (OP)
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September 12, 2012, 07:34:27 PM
 #1

I say yes.  Cheesy

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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September 12, 2012, 07:39:03 PM
 #2

Here u can see when exactly it will happen: http://bitcoinclock.com/

ATM: Reward-Drop ETA: 2012-12-01 18:08:07
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September 12, 2012, 07:56:15 PM
 #3

Here u can see when exactly it will happen: http://bitcoinclock.com/

ATM: Reward-Drop ETA: 2012-12-01 18:08:07

i think when if ASIC comes out their will be a flood of new coins created that week b4 the difficulty adjustment, bringing the Reward-Drop a few days earlier

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September 12, 2012, 08:52:30 PM
 #4

I say yes.  Cheesy
This is nearly impossible. There are only 26 days until Thanksgiving, and we are still at block 198497 (11503 blocks remaining). To succeed, the average time per block needs to be less than 196 s, or slightly more than three minutes!

If this were true, the difficulty would be 269 times what it is now by Thanksgiving. That is equivalent to almost 5.4 PHz·h (where h denotes one SHA256(SHA256(...)) hash) of network power.

The four people who voted "yes" are insane!
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September 12, 2012, 09:09:28 PM
 #5

I say yes.  Cheesy
This is nearly impossible. There are only 26 days until Thanksgiving, and we are still at block 198497 (11503 blocks remaining). To succeed, the average time per block needs to be less than 196 s, or slightly more than three minutes!

If this were true, the difficulty would be 269 times what it is now by Thanksgiving. That is equivalent to almost 5.4 PHz·h (where h denotes one SHA256(SHA256(...)) hash) of network power.

The four people who voted "yes" are insane!
In US, it's November 22nd.
smoothie (OP)
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September 12, 2012, 09:44:02 PM
 #6

I say yes.  Cheesy
This is nearly impossible. There are only 26 days until Thanksgiving, and we are still at block 198497 (11503 blocks remaining). To succeed, the average time per block needs to be less than 196 s, or slightly more than three minutes!

If this were true, the difficulty would be 269 times what it is now by Thanksgiving. That is equivalent to almost 5.4 PHz·h (where h denotes one SHA256(SHA256(...)) hash) of network power.

The four people who voted "yes" are insane!

Yeah our Thanksgiving is better because it's later in the year LOL........block reward halving time baby! Cheesy

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September 12, 2012, 09:46:03 PM
 #7

wtf is thanks giving?
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September 12, 2012, 10:05:48 PM
 #8

wtf is thanks giving?

it's like xmas, but without the presents.
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September 12, 2012, 10:30:18 PM
 #9

wtf is thanks giving?

Haha, are we the only ones with a holiday where everyone just eats until they can't move and then watches TV all day? Maybe you have a different name for it.
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September 12, 2012, 10:44:37 PM
 #10

wtf is thanks giving?

Haha, are we the only ones with a holiday where everyone just eats until they can't move and then watches TV all day? Maybe you have a different name for it.

some people call those 'weekdays'.

smoothie (OP)
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September 13, 2012, 12:54:13 AM
 #11

wtf is thanks giving?

Haha, are we the only ones with a holiday where everyone just eats until they can't move and then watches TV all day? Maybe you have a different name for it.

I guess not and that's why american's are the fattest in the world.....hahaha! Cheesy

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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September 20, 2012, 06:53:35 AM
 #12

I say yes.  Cheesy
This is nearly impossible. There are only 26 days until Thanksgiving, and we are still at block 198497 (11503 blocks remaining). To succeed, the average time per block needs to be less than 196 s, or slightly more than three minutes!

If this were true, the difficulty would be 269 times what it is now by Thanksgiving. That is equivalent to almost 5.4 PHz·h (where h denotes one SHA256(SHA256(...)) hash) of network power.

The four people who voted "yes" are insane!

If you are so sure, then why not make some money off of it: http://betsofbitco.in/item?id=664

Join an anti-signature campaign: Click ignore on the members of signature campaigns.
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September 20, 2012, 07:05:45 AM
 #13

I say yes.  Cheesy
This is nearly impossible. There are only 26 days until Thanksgiving, and we are still at block 198497 (11503 blocks remaining). To succeed, the average time per block needs to be less than 196 s, or slightly more than three minutes!

If this were true, the difficulty would be 269 times what it is now by Thanksgiving. That is equivalent to almost 5.4 PHz·h (where h denotes one SHA256(SHA256(...)) hash) of network power.

The four people who voted "yes" are insane!

If you are so sure, then why not make some money off of it: http://betsofbitco.in/item?id=664

Not everyone gambles like you do.

Not everything is a bet.

Maybe to just you.

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                   ²²²                 
███████████████████████████████████████

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September 20, 2012, 11:47:00 AM
 #14

Its the day of the year where us fat ass Americans say to the rest of the world, Thanks for your Giving  Grin
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September 20, 2012, 04:20:39 PM
 #15

I say yes.  Cheesy
This is nearly impossible. There are only 26 days until Thanksgiving, and we are still at block 198497 (11503 blocks remaining). To succeed, the average time per block needs to be less than 196 s, or slightly more than three minutes!

If this were true, the difficulty would be 269 times what it is now by Thanksgiving. That is equivalent to almost 5.4 PHz·h (where h denotes one SHA256(SHA256(...)) hash) of network power.

The four people who voted "yes" are insane!
In US, it's November 22nd.

I live in Canada so I voted no.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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September 20, 2012, 07:33:01 PM
 #16

I say yes.  Cheesy
This is nearly impossible. There are only 26 days until Thanksgiving, and we are still at block 198497 (11503 blocks remaining). To succeed, the average time per block needs to be less than 196 s, or slightly more than three minutes!

If this were true, the difficulty would be 269 times what it is now by Thanksgiving. That is equivalent to almost 5.4 PHz·h (where h denotes one SHA256(SHA256(...)) hash) of network power.

The four people who voted "yes" are insane!

If you are so sure, then why not make some money off of it: http://betsofbitco.in/item?id=664
November 24 isn't Thanksgiving. I'm pretty sure not even the Texans have it then.
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