PoolMinor
Legendary
 Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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August 25, 2015, 04:19:16 AM |
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18
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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August 25, 2015, 04:39:04 AM |
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The five properties of money are:
Recognizability
Fungibility
Portability
Scarcity
Divisibility
By limiting blocksize, cripplecoiners are limiting divisibility. It's not spam. Dust transactions add up. Ask any gold miner selling gold dust.
I buy your product, miners. If it's less divisible, then it's less valuable to me. If it is more expensive to transfer, then it's less portable also and therefor less valuable to me.
If Bitcoin doesn't scale, it will lose market share to an altcoin that does until it is eventually replaced.
Scale or die.
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Monopoly
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August 25, 2015, 04:51:04 AM |
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So when the price drops so low that everyone is mining at a loss, how many mines will shut down, how many will run cripplecode and how many will run XT?
depends on how you look at it... in the usa the cheaper you mine bitcoins at the cheaper is your income taxes u pay on them . i think the cheaper the coins causes difficulty to drop as well . i dont mine coins, i only trade.. i just happen to know a lil bit about it.. lol. I have filed taxes last 2 years showing Bitcoin income $$ from mining and also deducted the cost of equipment, repairs and electricity as expenses. No problems yet lol and Cheaper coins will cause some miners to turn off their machines because they can not reach a break even on cost anymore until price comes up, resulting in an lower adjusted difficulty, so yes.  Absolutely wrong ....... Miners like you are almost 2-3% of miners in network .... the network controls by big companies such as Bitmain that they never turn off their machines ...... They always do mining and in last news they said , we made new chips for doing better mining by lower power watts and higher hashes Another point is lower difficulty never help to Bitcoin price ........... Maybe it would be worse Anyway , bitcoin is famous enough and everyone knows BTC now , if it was a Platonist idea or has good innovations and was useful , it must be at higher price in the history of itself .............. The price is not at higher price , even the price going down over time that means Bitcoin project is failed ......... |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 25, 2015, 05:02:30 AM |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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August 25, 2015, 05:10:37 AM |
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Someone is buying a lot of tokens for the decentralized ledger.
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heartastack
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August 25, 2015, 05:19:29 AM |
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Panic over back to normal
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Chef Ramsay
Legendary
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Activity: 1568
Merit: 1001
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August 25, 2015, 05:34:22 AM |
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It was 199 last I looked but it's back up to 207 and change so it's anyone's guess where we're going with this on
BTC-e. The interesting thing is where the price will be when when westerners wake up tomorrow. Looks like the Asians have bought us back up as they woke up tonight. Cash is king in the west as the Down Jones market continues to slide, just hope Bitcoin maintains some life. Got a stack of cash in the pocket to go w/ my coin stash so we'll see how the next few days pan out here in the USA.
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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August 25, 2015, 05:35:56 AM |
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XT on 45%
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KFR
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August 25, 2015, 05:38:45 AM |
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andyatcrux
Legendary
Offline
Activity: 938
Merit: 1000
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August 25, 2015, 05:39:39 AM |
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Five bip 101 blocks mined. Five. less than 0.5%. Long way to go to 75% http://xtnodes.com/ |
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brg444
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August 25, 2015, 05:53:44 AM |
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Chinese stocks getting slammed again  |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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August 25, 2015, 05:58:54 AM |
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ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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August 25, 2015, 06:02:30 AM |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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August 25, 2015, 06:05:04 AM
Last edit: August 25, 2015, 06:17:04 AM by Fatman3001 |
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Can we please agree that yesterday was despair?  CCMF!!!! |
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Wary
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August 25, 2015, 06:12:00 AM |
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XT on 45%
Fake - and who cares.... only miners vote with their blocks, and they are at less than 1% in favor of XT xtnodes.comThe indicator is lagging, it shows % of last 1000 blocks, i.e. for the last week. In a week or two we'll see the level of support among miners. I hope it'll be low, because I wouldn't like to entrust my bitcoins to people that cheat so openly (I mean the fake nodes). |
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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August 25, 2015, 06:15:28 AM |
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Shorts up to 23k on finex.
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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August 25, 2015, 06:19:11 AM |
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hmmmm....
XT nodes down to 10%
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Cconvert2G36
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August 25, 2015, 06:22:24 AM |
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All explained a few posts ^ He's switched them all to Core now. |
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