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luksbit
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August 25, 2016, 12:04:01 PM |
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Will Today etc will arrive in 0.0008?   |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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firstflyover
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August 25, 2016, 12:31:31 PM |
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I saw this on Slack. Not posted by me. But for those that are interested I think they may be running out of funds, I found an account yesterday that dumped around 1 million ETC
they use convoluted ways
to do it gradually
check this: https://gastracker.io/addr/0xd6c9710363cdb12eb585e817f431d44cfa442dde
it uses other accounts for duping, but you can follow itJust remember that with every seller there must be a buyer.  |
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Mastercon
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August 25, 2016, 12:41:25 PM |
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Will Today etc will arrive in 0.0008? I do not think the ETC will drop that low today. It might drop slowly against the ETH in the next few weeks until big whales step in to buy. |
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Longsnowsm
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August 25, 2016, 02:55:18 PM |
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I saw this on Slack. Not posted by me. But for those that are interested I think they may be running out of funds, I found an account yesterday that dumped around 1 million ETC
they use convoluted ways
to do it gradually
check this: https://gastracker.io/addr/0xd6c9710363cdb12eb585e817f431d44cfa442dde
it uses other accounts for duping, but you can follow itI saw something about this last night. It was a hugh amount of ETC that was in that account. So it would partially explain the selling pressure. |
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Longsnowsm
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August 25, 2016, 03:28:21 PM |
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I saw this on Slack. Not posted by me. But for those that are interested I think they may be running out of funds, I found an account yesterday that dumped around 1 million ETC
they use convoluted ways
to do it gradually
check this: https://gastracker.io/addr/0xd6c9710363cdb12eb585e817f431d44cfa442dde
it uses other accounts for duping, but you can follow itI saw something about this last night. It was a hugh amount of ETC that was in that account. So it would partially explain the selling pressure. Looks like they are fanning this out across a bunch of accounts now to try and hide their tracks. I wonder how many accounts they have this going on... So they may be running out of bullets to kill ETC! |
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roselee
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Activity: 1078
Merit: 1000
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August 25, 2016, 04:08:56 PM |
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Anyone see todays Keiser Report on RT tv? I just watched it live. No recorded link yet. it will be # KR958
They talk about the legal side of the Dao and lawsuits that could follow (in the second half).
I will post the link when i get it.
When Max gets his teeth into somthing, he never lets go.
just saw it https://youtu.be/XQyvZ7_iK_U |
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roselee
Legendary
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Activity: 1078
Merit: 1000
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August 25, 2016, 04:14:59 PM |
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green do the pools still suffer from that ddos?
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roselee
Legendary
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Activity: 1078
Merit: 1000
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August 25, 2016, 04:26:48 PM |
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greenuser
Sr. Member
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Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
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August 25, 2016, 04:28:10 PM
Last edit: August 25, 2016, 04:59:49 PM by greenuser |
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green do the pools still suffer from that ddos?
Most the main pools now have ddos protection but 1/3 of the network is still solo http://etherx.com/pools/
Thanks for posting Keiser Report #958 I'm currently watching it myself from sorce. I love Max & Stacy.
https://www.rt.com/shows/keiser-report/357115-episode-max-keiser-958/ My favourite TV show meets my favourite Cryptocurrency  They start the crypto chat at 13:47 but I just love it all. Max has been so clam lately, I wonder if he is ok. |
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Gaglam
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August 25, 2016, 04:54:52 PM |
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greenuser
Sr. Member
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Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
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August 25, 2016, 05:05:46 PM |
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Stantander is old news. They were the first to sign up to the January tests for the R3 group. We want to bring the banking establishment to its knees not get into bed with it. What would happen if Satoshi struck a deal with Goldman Sachs, Bitcoin would be finished! You just don't get crypto do you? |
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husky1971
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August 25, 2016, 05:07:33 PM |
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Stantander is old news. They were the first to sign up to the January tests for the R3 group. We want to bring the banking establisment to its knees not get into bed with it. What would happen if Satoshi struck a deal with Goldman Sachs, Bitcoin would be finnished! You just don't get crypto do you? Watch our interview with Santander’s blockchain chief John Whelan below. Mr. Whelan explained that even though the project uses Ethereum technology, it is not exposed to the public Ethereum blockchain. London-based blockchain lab Clearmatics, involved with the settlement coin concept, started with a flavor of Ethereum but this project is likely to end up being rather proprietary in nature. So it is nothing special. Santander is using ripple (xrp is asset). |
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greenuser
Sr. Member
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Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
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August 25, 2016, 05:21:21 PM |
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As we all knew the R3 January Tests were private blockchains anyhow. We expect the banks to run private blockchains too. The article is about right however: who the hell is "project lead Arvicco"? This project is lead buy us all. Even Charles claims he is only a supporter and not a spokesman. Another self proclaimed Satoshi?  Thats the media for you. |
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Gaglam
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August 25, 2016, 05:26:25 PM |
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Stantander is old news. They were the first to sign up to the January tests for the R3 group. We want to bring the banking establishment to its knees not get into bed with it. What would happen if Satoshi struck a deal with Goldman Sachs, Bitcoin would be finished! You just don't get crypto do you? I think you dont get it. Crypto is there to rise in value to get more fiat back than invested. What can you buy in a normal shop for btc or etc? Right. NOTHING! |
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BitPlace
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Activity: 210
Merit: 10
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August 25, 2016, 05:27:56 PM |
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Stantander is old news. They were the first to sign up to the January tests for the R3 group. We want to bring the banking establishment to its knees not get into bed with it. What would happen if Satoshi struck a deal with Goldman Sachs, Bitcoin would be finished! You just don't get crypto do you? I think you dont get it. Crypto is there to rise in value to get more fiat back than invested. What can you buy in a normal shop for btc or etc? Right. NOTHING! I think differently. I think the crypto currency should be used as a currency ultimatlely. It might be used as investment for now. |
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Gaglam
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August 25, 2016, 05:30:50 PM |
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Yeah sure. But when will the "mainstream" like normal shops accept it? Will take years I think, if ever...  |
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greenuser
Sr. Member
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Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
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August 25, 2016, 05:31:43 PM |
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Stantander is old news. They were the first to sign up to the January tests for the R3 group. We want to bring the banking establishment to its knees not get into bed with it. What would happen if Satoshi struck a deal with Goldman Sachs, Bitcoin would be finished! You just don't get crypto do you? I think you dont get it. Crypto is there to rise in value to get more fiat back than invested. What can you buy in a normal shop for btc or etc? Right. NOTHING! For sure but do want to trust the banks? |
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Gaglam
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August 25, 2016, 05:33:42 PM |
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I trust them more than the ETH Foundation |
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greenuser
Sr. Member
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Activity: 364
Merit: 250
Marie Curie, 2 x Nobel Prizes Physics & Chemistry
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August 25, 2016, 05:41:31 PM
Last edit: August 25, 2016, 05:57:43 PM by greenuser |
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@Gaglam i still trust the Ethereum Foundation over the Banking System. When Greece failed as a country, the government with the banks, took 70% of everyones bank balance and gave it to Germany. Then they imposed a maximum of 60euros per day withdraw limit. The Ethereum Foundation have never done anything like that.
It will get adopted quick enough when the negative interest rates yield no economic growth. When the value of fiat stars to fail. When banks start to charge to make a deposit. That's when the adoption will kick in.
When the banks start to fail. And they will.
Moreover: Ethereum Classic is not even in Beta. We are not ready for mass adoption. The Foundation is not ready either, they proved that with the Dao. This is the early stages of something big and it needs to be right. First, all the ETC has to move into the hands of the people that believe in it. That is what is playing out right now in this price war.
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Longsnowsm
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August 25, 2016, 06:03:28 PM |
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I trust them more than the ETH Foundation When it comes to things of "value" why would you trust either of them? Today you can do a lot with BTC online. Local shops are a different matter, but even now if you really wanted to go the BTC route you can get a debit card on Coinbase and have BTC deducted for transactions. This is a hacked work around, but I think more and more people will learn. You can do this same thing with gold today on Bitgold. Getting out of the banking system is in everyone's best interests as they have setup one heck of a international crisis where currencies are going to go into freefall and they are going to offer up replacement regional currencies at a fraction of your current currency value with a massive centralized system of control. They want to end cash and anything outside of their absolute control. Price controls, controlling what you can put in, take out, and what you can buy is all part of the game. Some of us have had enough of this banking monster so crypto, metals, and tangible assets out of the reach of these people is a smart move. At some point when we stop thinking in terms of fiat we will have finally made inroads to where we want to be. |
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