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Dalmar
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November 20, 2014, 12:41:47 PM |
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Nice drama.  |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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ShroomsKit
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November 20, 2014, 12:42:06 PM |
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So the last few days we're getting these random big dumps again. You know, the ones that took us down for months.
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YogoH
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November 20, 2014, 12:42:10 PM |
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I actually want to see scenario when we go really low and mining becomes really unprofitable. That will be true test of bitcoin imho.
If that happens can we expect 5 hours for each confirmation? lol no, block times will still average 10 minutes even if mining becomes unprofitable. What happens is many inefficient miners will leave the network, bring down the hashrate til an equilibrium of sorts is reached |
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noobtrader
Legendary
 Offline
Activity: 1456
Merit: 1000
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November 20, 2014, 12:42:18 PM |
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I actually want to see scenario when we go really low and mining becomes really unprofitable. That will be true test of bitcoin imho.
If that happens can we expect 5 hours for each confirmation? depend on how fast the hashrate drop i guess... |
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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November 20, 2014, 12:43:24 PM |
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"talk about the latest price of bitcoin"
thank you for your info |
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tarmi
Legendary
Offline
Activity: 1218
Merit: 1010
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November 20, 2014, 12:44:16 PM |
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Ouch! If this will be confirmed, the implications could be very bearish. I cant open it, guess some dns issue. could I get a digested version from someone? |
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galdur
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November 20, 2014, 12:45:03 PM |
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Nice drama. It´s nothing. At best some yahoos will be going from a mining farm to an organ harvesting farm over there. Effect on the BTC market zero point zero. |
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ShroomsKit
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November 20, 2014, 12:45:42 PM |
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This is buying zone.  Not yet, there's no rush with the fact it looks like the bear market is still in tact. Save your fiat to defend the bottom. Exactly. 330 by tomorrow. Back to where we were. |
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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November 20, 2014, 12:45:49 PM |
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I actually want to see scenario when we go really low and mining becomes really unprofitable. That will be true test of bitcoin imho.
I want someone to sell me their coins really cheap. the possibility if that happen im sure everyone will restart their usb miner... |
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NotLambchop
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November 20, 2014, 12:46:18 PM |
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...
lol no, block times will still average 10 minutes even if mining becomes unprofitable... Lolno, lrn 2 Bitcoin pl0x. Investing in things you don't understand ends in tears.  |
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LFC_Bitcoin
Legendary
Offline
Activity: 3528
Merit: 9542
#1 VIP Crypto Casino
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November 20, 2014, 12:48:39 PM |
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This is buying zone. Not yet, there's no rush with the fact it looks like the bear market is still in tact. Save your fiat to defend the bottom. Exactly. 330 by tomorrow. Back to where we were. Everybody PANICCCCCCC  |
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NotLambchop
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November 20, 2014, 12:51:36 PM |
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...
Everybody PANICCCCCCC
... Too late  |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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November 20, 2014, 12:52:09 PM |
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This is buying zone. Not yet, there's no rush with the fact it looks like the bear market is still in tact. Save your fiat to defend the bottom. 330 by tomorrow. Source? </ShroomsKit> |
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Blue
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November 20, 2014, 12:52:12 PM |
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looking at the breach of $357 I feel bery vearish !
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var53
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November 20, 2014, 12:54:32 PM |
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Ouch! If this will be confirmed, the implications could be very bearish. I cant open it, guess some dns issue. could I get a digested version from someone? Same here, could someone tell us what the story is? |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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November 20, 2014, 12:54:58 PM |
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The two big Shroomsy hypocrisies: I. Accuse others of being idiot sellers and traders. Be idiot trader and seller yourself. II. Accuse others of acting like they know the future. Act like you know the future yourself. Should we donate to get him a good psychiatrist?  |
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LFC_Bitcoin
Legendary
Offline
Activity: 3528
Merit: 9542
#1 VIP Crypto Casino
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November 20, 2014, 12:55:09 PM |
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We're just shaking all the weak h_ _ ......
Never mind.
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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November 20, 2014, 12:55:21 PM |
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...
I cant open it, guess some dns issue.
could I get a digested version from someone?
The point is there could be a police investigation at Huobi, if the story is confirmed: Today, an employee of Huobi BitVC gave out an article, saying he had to unveil the inside news of Huobi trading platform. Meanwhile, he did hope the management of Huobi can learn something from this event. What’s more, on the one hand, he hopes that No personal remarks will be made; on the other hand, he wishes that Huobi management can admit the things he said, or all the recordings will be announced. the whole management team of Huobi, including Leon Li and Dujun actually know little about Bitcoin, what they have is the worship of Bitcoin, they only want to make money and make 796, OKCOIN and BTCC went bankrupt or even worse, and never thinking about whether their behaviors is helpful for Bitcoin industry or what they did will damage this industry. |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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November 20, 2014, 12:56:12 PM |
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This is good, I hope all the Chinese exchanges get shut down finally.
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LFC_Bitcoin
Legendary
Offline
Activity: 3528
Merit: 9542
#1 VIP Crypto Casino
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November 20, 2014, 12:56:50 PM |
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This is good, I hope all the Chinese exchanges get shut down finally.
Dumb question but why? |
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