yefi
Legendary
 Offline
Activity: 2842
Merit: 1511
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February 14, 2015, 04:51:06 AM |
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First, mining is decentralized! https://blockchain.info/pools just because it is not a commie "equal share to all proletariate" the hashing power is in fact distributed (every pool mine has thousands of individual, group, corporate etc miners!), changing hands over time, can be freely entered or left (!). Mining is physically centralized and that is a problem which will only get worse as mining concentrates in the areas with the cheapest electricity or best thermodynamic advantage. evolution... Bitcoin is more like a Game of Life than evolution specifically. |
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 14, 2015, 04:59:42 AM |
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byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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February 14, 2015, 05:54:02 AM |
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$300!!! Canadian.
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JorgeStolfi
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February 14, 2015, 05:57:13 AM |
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Is Huobi down?
Any clues about the cause of this rise? The Google rumor perhaps? Coinbase overseas?
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 14, 2015, 05:59:43 AM |
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byronbb
Legendary
Offline
Activity: 1414
Merit: 1000
HODL OR DIE
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February 14, 2015, 06:11:29 AM |
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The USD futures markets in China are steaming.
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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February 14, 2015, 06:11:51 AM |
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$300!!! Canadian.
LOL! And they say Bitcoin is Monopoly Money. |
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KryptoFoo
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February 14, 2015, 06:12:48 AM |
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slow and steady please, next stop 255, ETA today
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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February 14, 2015, 06:23:19 AM |
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Is Huobi down?
Any clues about the cause of this rise? The Google rumor perhaps? Coinbase overseas?
Huobi as ropey as an old fishing net lately. They go offline for a while then reappear as if nothing had happened. |
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hyphymikey
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February 14, 2015, 06:26:27 AM |
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Is Huobi down?
Any clues about the cause of this rise? The Google rumor perhaps? Coinbase overseas?
If it were news it would have spiked, this is steady buying. Before the 4K in shorts that closed today, there were less than 1000 coins available to short on finex. Massive shorting is what pushed us this low in the first place. Nobody is willing to lend their coins at these prices when the upside potential is so huge. Might as well use those coins to go long instead of lending and making pennies. |
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hyphymikey
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February 14, 2015, 06:29:13 AM |
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Bears, please send your coins to coinbase...
The amount of slippage is too damn high!
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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February 14, 2015, 06:31:01 AM |
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No more coins to go short. You just have to love free markets  |
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hurricandave
Legendary
Offline
Activity: 966
Merit: 1003
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February 14, 2015, 06:33:55 AM |
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Hmmm...China goes on VACATION... and BTC PoP'S......
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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February 14, 2015, 06:35:45 AM |
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No more coins to go short. You just have to love free markets Only one thing to do.  |
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criptix
Legendary
Offline
Activity: 2464
Merit: 1145
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February 14, 2015, 06:38:46 AM |
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tbh i did not expect this, but i guess breaking news was google then  |
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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February 14, 2015, 06:41:07 AM |
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GreekGeek
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February 14, 2015, 06:43:50 AM |
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tbh i did not expect this, but i guess breaking news was google then maybe it's the bitcoin foundation elections... |
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chopstick
Legendary
Offline
Activity: 992
Merit: 1000
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February 14, 2015, 06:52:22 AM |
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POSTIN THIS AGAIN FOR GOOD MEASURE  |
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