Bitcoin Forum
February 27, 2021, 10:54:43 PM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: When $60K? (EST time zone)
Feb. 21 - 7 (5.7%)
Feb. 22 - 19 (15.6%)
Feb. 23 - 13 (10.7%)
Feb. 24 - 9 (7.4%)
Feb. 25 - 8 (6.6%)
Feb. 26 - 9 (7.4%)
Feb. 27 - 3 (2.5%)
Feb. 28 - 4 (3.3%)
March - 28 (23%)
After March - 14 (11.5%)
Never - 8 (6.6%)
Total Voters: 122

Pages: « 1 ... 17062 17063 17064 17065 17066 17067 17068 17069 17070 17071 17072 17073 17074 17075 17076 17077 17078 17079 17080 17081 17082 17083 17084 17085 17086 17087 17088 17089 17090 17091 17092 17093 17094 17095 17096 17097 17098 17099 17100 17101 17102 17103 17104 17105 17106 17107 17108 17109 17110 17111 [17112] 17113 17114 17115 17116 17117 17118 17119 17120 17121 17122 17123 17124 17125 17126 17127 17128 17129 17130 17131 17132 17133 17134 17135 17136 17137 17138 17139 17140 17141 17142 17143 17144 17145 17146 17147 17148 17149 17150 17151 17152 17153 17154 17155 17156 17157 17158 17159 17160 17161 17162 ... 28336 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25182789 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13 users deleted.)
bitserve
Legendary
*
Online Online

Activity: 1470
Merit: 1274


Self made HODLER ✓


View Profile
June 19, 2017, 06:16:35 AM

Do I need an argument? The guy has no credibility.

Yes, you need an argument. Regardless of your opinion on CSW, his points stand on their own.

And it's not like this is some new oddball claim he is discussing. It is an aspect of SegWit that we have known since inception, bot for some reason never gets discussed.

Without SegWit, the most devastating thing a miner 51% attack could accomplish is to roll back some transactions. In all their expenditure, they are unable to claim others' coins for themselves.

However, once SegWit activates, the attack surface of a 51% attack takes on a new aspect. If a miner (or a cartel thereof) accumulates 51% of the hashrate, they are able to steal the funds of others. All it requires is mining new non-Segwit blocks that contain transactions which spend the 'anyone can spend' transactions in previous SegWit blocks.

Further, every additional block for all eternity contains additional incentive for the chain to be so attacked, as it will contain monotonically-increasing value locked in transactions that are SegWit under the new rules, but subject to theft via anyone-can-spend chain rollbacks.

So CSW aside, how come nobody wants to talk about this aspect of SegWit?

There have been plenty of arguments around that issue already so maybe thats why there's no need to talk anymore about it.

Yes, a 51% attack could spend segwit transactions but:

a) If they do that, Bitcoin (at least THAT majority chain) will be worthless anyways.
b) They could just change the rules and increase the block size reward to whatever arbitrary value they would like instead. They could do that with or without Segwit in place.

I would consider it a non-issue or at least not more critical than the risk that a 51% of miners could totally ruin Bitcoin value. That's why I would prefer miner control would be somewhat more limited and distributed than what it is at this time.

There is a 1million prize in Litecoin for any miner that want to do it.

https://www.reddit.com/r/litecoin/comments/6azeu1/1mm_segwit_bounty/

I fact it may be 2 mill at current price. Noone has claimed it (F2POOL would be in a position to do it).
1614466483
Hero Member
*
Offline Offline

Posts: 1614466483

View Profile Personal Message (Offline)

Ignore
1614466483
Reply with quote  #2

1614466483
Report to moderator
1614466483
Hero Member
*
Offline Offline

Posts: 1614466483

View Profile Personal Message (Offline)

Ignore
1614466483
Reply with quote  #2

1614466483
Report to moderator
1614466483
Hero Member
*
Offline Offline

Posts: 1614466483

View Profile Personal Message (Offline)

Ignore
1614466483
Reply with quote  #2

1614466483
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1614466483
Hero Member
*
Offline Offline

Posts: 1614466483

View Profile Personal Message (Offline)

Ignore
1614466483
Reply with quote  #2

1614466483
Report to moderator
1614466483
Hero Member
*
Offline Offline

Posts: 1614466483

View Profile Personal Message (Offline)

Ignore
1614466483
Reply with quote  #2

1614466483
Report to moderator
1614466483
Hero Member
*
Offline Offline

Posts: 1614466483

View Profile Personal Message (Offline)

Ignore
1614466483
Reply with quote  #2

1614466483
Report to moderator
TeeBone
Sr. Member
****
Offline Offline

Activity: 502
Merit: 251


View Profile
June 19, 2017, 06:36:30 AM

Litecoin breakout in 3, 2, 1....

Bitcoin to follow.
bitserve
Legendary
*
Online Online

Activity: 1470
Merit: 1274


Self made HODLER ✓


View Profile
June 19, 2017, 06:55:26 AM

Litecoin breakout in 3, 2, 1....

Bitcoin to follow.

Dat walls though....

I am not sure LTC price has a significant influence in Bitcoin Price... besides as a reference of what will happen when BTC approves SW.
TeeBone
Sr. Member
****
Offline Offline

Activity: 502
Merit: 251


View Profile
June 19, 2017, 07:09:20 AM

Litecoin breakout in 3, 2, 1....

Bitcoin to follow.

Dat walls though....

I am not sure LTC price has a significant influence in Bitcoin Price... besides as a reference of what will happen when BTC approves SW.

Gonna get Pink Floyd chomped.
Asrael999
Hero Member
*****
Offline Offline

Activity: 703
Merit: 502


View Profile
June 19, 2017, 07:17:15 AM

I plan on opening a hotdog stand and creating a private blockchain for inventory management.

Blockchain is cool... BUt what about an ICO first? Think BIG. You could easily get a few ten millions for your little hotdog stand. No need to invest your own money on it. Heck, no need to even open the hotdog stand.



Seems legit.

HotDogStand ICO.
Ticker symbol HDS.
Long name: HotDogs.
Algo: Proof of Steak. or Proof of Meat. or Proof of Hotdogs.
Coin Supply: 1000
To be sold in ICO: 800, 200 will be kept by Elwar and Devs, locked in escrow for a period of 6 months
Angel Day Bonus: 20%
1 week Bonus: 15%
2 week Bonus: 10%
3 week Bonus: 5%
Last week: 0%
Minimum Target: 100 BTC
Maximum Target: 10000 BTC, if reached, will have 24 hours and then ICO will end.
Coin Price: Price Discovery
Escrow: Individual Addresses per Participant, Multi-signature consolidated public address forwarded daily.

Roadmap: You get hotdogs. Each coin is backed by hotdogs. Normal hotdogs go stale in 24 hours. We will use a preservative that will keep it good for 3 years.

Pre-Ann to be announced soon, and Pre-sale and Pre-ICO before the real one 2 months later.

*edit* If I post an address, someone is going to send something to it. Crazy.

The funny thing is that Elwar does in fact have a real project that would be a perfect candidate for an ICO. That seasteading thing.

I just signed on as a volunteer for a new seasteading company, Blue Frontiers, as part of the Blockchain group. We had discussed an ICO at the conference but their legal folks are pretty sure that stuff will be stamped out by the SEC at some point. I believe we might go the route of allowing for purchase of equity with bitcoins. My input to the group will definitely push the concept of being able to invest bitcoins to get invested.
I believe the main push will be toward recording property rights on the blockchain. Can't really record a seastead deed in some government office.

This point needs to be emphasised, there is a world of difference between most of these ICOs and using blockchain tech to tokenise conventional securities like debt or equity. Most ICOs are selling imaginary vapourware, with no direct ownership of the company or idea the ICO proposes, tokenising the equity of a company moves ownership of that equity onto a ledger (distributed or decentralised) which enables T0 transactions and reduces counterparty risk.
bitserve
Legendary
*
Online Online

Activity: 1470
Merit: 1274


Self made HODLER ✓


View Profile
June 19, 2017, 07:53:00 AM



This point needs to be emphasised, there is a world of difference between most of these ICOs and using blockchain tech to tokenise conventional securities like debt or equity. Most ICOs are selling imaginary vapourware, with no direct ownership of the company or idea the ICO proposes, tokenising the equity of a company moves ownership of that equity onto a ledger (distributed or decentralised) which enables T0 transactions and reduces counterparty risk.

That's something I would really like to know the details. Let's see if I got it right:

- SOme guys fund a corporate, so they are the only partners and probably they just invest a very little amount of money.
- Then, that company issues some tokens. Those tokens are basically free for them to issue, except for salaries, marketing, etc etc...
- NOw let's supposse they obtain 10 million dollas for those tokens.
- At the end of fiscal year, those 10 million dollars are almost pure profit (minus expenses) and they need to pay taxes on it.
- I mean, even if they do "invest" those millions onto any other asset (ie: real state), at the end of the year all that is seen as profit as it is a HUGE LOT OF MONEY that wasn't invested by the partners in their initial capital. So, again, its profit and needs to pay taxes on it.

Am I correct on this?


r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
June 19, 2017, 08:04:23 AM

Any ideas why the exchanges are speculating a drop to 1723 in the short term? http://www.bitcoinforecast.com
Although this is not always correct, bitstamp nailed the most recent drop within a few bucks.  

What a bunch of fucktards having an anti-trump disclaimer on their site.  The label has the typical "trump be raycist" statement, but all the word racist means nowadays is white people that refuse to be cuckolds for brown people.

No, racism has not narrowed itself down to fit your narrative of it.

Honestly, I respect your trading posts. I think they are well written and show insight. But whatever politics you have, you would never trade them -  and your skin color -  for being a black person getting stopped by a white cop. Would you.

The world is a place with lots of incompatible people, religions, and cultures.  There is no purpose in practicing Marxism and trying to force them all together so they all kill each other.  Black leaders in the past like Malcom X and Marcus Garvey knew this, that's why they advocated "Pan-Africanism", which essentially means forming a nation state in Africa with blacks only run by blacks because that's the only way you will have any type of self determination.

If you click the wikipedia link of what this is, it's essentially black naziism:

https://en.wikipedia.org/wiki/Pan-Africanism

Replace the word "black" with "white" in any of those sentences and suddenly people would have heart palpatations claiming "omg dat be raycist!", but leave the word black there and it's perfectly fine and great!  This is called a double standard, promoting and allowing nationalism for other races while attempting to demonize whites who do the same thing.  White people are no longer putting up with garbage like this of letting Jewish Marxists who control the media tell us how we can act or think.  Their propaganda is now 100% dead and powerless.

It's well known that any nation without an ethnocentric majority collapses.  This is why nations like China and Japan still exist after hundreds or thousands of years, because it's 99% asian people.  Diversity is not "strength"; diversity is weakness and conflict.  The only reason the jews running the media push this garbage is because the history of their existence is moving into a foreign country, forming a state within a state to the detriment of the native inhabitants, practicing insane usury on them, then being expelled from the  country.  This is why they've been kicked out of countries over 100 times now.  It's not other people's fault, it's their own fault.

This is why Europe is being flooded with 3rd worlders right now - a divide and conquer strategy.  Any homogeneous nation on a long enough timeline will always expel or kill the usury banking parasites that infect them.  If you flood the country with a bunch of different warring factions, it's more difficult for anyone to come together for common interests to fix anything or get rid of them.  Those muslims in Europe are being weaponized by the Jews to try and destabilize nations on purpose.  Just like how in America, Jews try to weaponize minorities to fight against whites for them.

Guess who owns all the violent, anti-white rap labels?

http://www.finalcall.com/artman/publish/Entertainment_News_5/article_8500.shtml

I hate to break it to you, but there's only 3 real powers in this world right now:  whites, jews, and asians.  Everyone else is just some type of pawn or insignificant bystander while the murderous death cult known as international zionism actively plots against everyone else.
elebit
Sr. Member
****
Offline Offline

Activity: 441
Merit: 250


View Profile
June 19, 2017, 09:29:57 AM

Yes, you need an argument. Regardless of your opinion on CSW, his points stand on their own. And it's not like this is some new oddball claim he is discussing. It is an aspect of SegWit that we have known since inception, bot for some reason never gets discussed.

Never? It's one of the standard arguments that is being trotted out again. Ver/Wu/Wright have some sort of onholy alliance where they recycle the same tired old stuff over and over again. But you mostly see it on Twitter and Reddit where social media presence companies can work their magic.

However, once SegWit activates, the attack surface of a 51% attack takes on a new aspect. If a miner (or a cartel thereof) accumulates 51% of the hashrate, they are able to steal the funds of others.

This is true of all anyone-can-spend softforks. It is true that it is a risk, but this risk is already there with p2sh. And I think pretty much all the big exchanges use that for their wallets, so a successful attack would be a big deal.

When you actually look at the attack, it's kind of hard in practice. It's doubtful that 51% would be enough to sustain it given the variance of mining. But it is certainly possible. It's one of the risks that Bitcoin lives with. The standard six confirmations already go a very long way into mitigating the whole range of possible hashpower majority attacks.
abercrombie
Legendary
*
Offline Offline

Activity: 1159
Merit: 1001



View Profile
June 19, 2017, 11:11:13 AM

UAHF ICO Proposal (Draft)

https://twitter.com/sonmdevelopment/status/876265086146498561
lost_in_base
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
June 19, 2017, 11:16:30 AM

It is happening!

23,6% segwit2x support and going up fast
(last 144 blocks)
Dakustaking76
Sr. Member
****
Offline Offline

Activity: 526
Merit: 262


View Profile
June 19, 2017, 11:19:10 AM

It is happening!

23,6% segwit2x support and going up fast
(last 144 blocks)




What your talking about lal?
If bitcoin No.. beceause were going downside...
lost_in_base
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
June 19, 2017, 11:23:33 AM

It is happening!

23,6% segwit2x support and going up fast
(last 144 blocks)




What your talking about lal?
If bitcoin No.. beceause were going downside...
Great last change to dump..
Pools are finaly updating, no fear of forks anymore,
this all in past hours, market not reacted yet

long time 1000 blocks support value still at 4%, will be up soon..
Dakustaking76
Sr. Member
****
Offline Offline

Activity: 526
Merit: 262


View Profile
June 19, 2017, 11:27:29 AM

It is happening!

23,6% segwit2x support and going up fast
(last 144 blocks)




What your talking about lal?
If bitcoin No.. beceause were going downside...
Great last change to dump..
Pools are finaly updating, no fear of forks anymore,
this all in past hours, market not reacted yet




Where do you see/Find this information?
The market isnt reacting at all
I see litle red candles on chart of kraken..
lost_in_base
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
June 19, 2017, 11:28:19 AM

It is happening!

23,6% segwit2x support and going up fast
(last 144 blocks)




What your talking about lal?
If bitcoin No.. beceause were going downside...
Great last change to dump..
Pools are finaly updating, no fear of forks anymore,
this all in past hours, market not reacted yet




Where do you see/Find this information?
The market isnt reacting at all
I see litle red candles on chart of kraken..

I was about to post:

https://coin.dance/blocks
Dakustaking76
Sr. Member
****
Offline Offline

Activity: 526
Merit: 262


View Profile
June 19, 2017, 11:31:47 AM

I see it But what do you think the price Will go up?
Your theorie is based on what speculation...
lost_in_base
Member
**
Offline Offline

Activity: 84
Merit: 10


View Profile
June 19, 2017, 11:36:07 AM

I see it But what do you think the price Will go up?
Your theorie is based on what speculation...
It is all about panic and FOMO.

23.6  27.1%!!

BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 1260
Merit: 1107



View Profile
June 19, 2017, 11:39:18 AM

It is happening!

23,6% segwit2x support and going up fast
(last 144 blocks)

How long until they can signal for the 2MB hard fork that comes with it?
BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 1260
Merit: 1107



View Profile
June 19, 2017, 11:46:12 AM

Any ideas why the exchanges are speculating a drop to 1723 in the short term? http://www.bitcoinforecast.com
Although this is not always correct, bitstamp nailed the most recent drop within a few bucks.  

What a bunch of fucktards having an anti-trump disclaimer on their site.  The label has the typical "trump be raycist" statement, but all the word racist means nowadays is white people that refuse to be cuckolds for brown people.

No, racism has not narrowed itself down to fit your narrative of it.

Honestly, I respect your trading posts. I think they are well written and show insight. But whatever politics you have, you would never trade them -  and your skin color -  for being a black person getting stopped by a white cop. Would you.

I'm not really a gormless Galt-right twonk. I'm a performance artist.

I knew it!
valta4065
Hero Member
*****
Offline Offline

Activity: 826
Merit: 500


Join @Bountycloud for the best bounties!


View Profile
June 19, 2017, 11:48:02 AM

Wahou...
And... What's going to happen if Segwit reach 80% support?

I mean BTC price has been so high for weeks I don't want to see it crash for technical reasons...
Although technical reasons would probably the only reasons for a real crash of BTC
pumpmydump
Member
**
Offline Offline

Activity: 151
Merit: 10


View Profile
June 19, 2017, 11:52:08 AM

Any ideas why the exchanges are speculating a drop to 1723 in the short term? http://www.bitcoinforecast.com
Although this is not always correct, bitstamp nailed the most recent drop within a few bucks.  

What a bunch of fucktards having an anti-trump disclaimer on their site.  The label has the typical "trump be raycist" statement, but all the word racist means nowadays is white people that refuse to be cuckolds for brown people.

No, racism has not narrowed itself down to fit your narrative of it.

Honestly, I respect your trading posts. I think they are well written and show insight. But whatever politics you have, you would never trade them -  and your skin color -  for being a black person getting stopped by a white cop. Would you.

I hate to break it to you, but there's only 3 real powers in this world right now:  whites, jews, and asians.  Everyone else is just some type of pawn or insignificant bystander while the murderous death cult known as international zionism actively plots against everyone else.

"I am the only living witness but I must say the truth. Contrary to the opinion of the National Socialists, that the Jews were a highly organized group, the appalling fact was that they had no organization whatsoever. The mass of the Jewish people were taken complete by surprise. They did not know at all what to do; they had no directives or slogans as to how they should act. This is the greatest lie of anti-Semitism because it gives the lie to that old slogan that the Jews are conspiring to dominate the world and that they are so highly organized. In reality, they had no organization of their own at all, not even an information service. If they had had some sort of organization, these people could have been saved by the millions, but instead, they were taken completely by surprise. Never before has a people gone as unsuspectingly to its disaster. Nothing was prepared. Absolutely nothing."
- Erich von dem Bach-Zelewski

The world is a place with lots of incompatible people, religions, and cultures.

The only incompatibility stems from being afraid of what's different.
Pages: « 1 ... 17062 17063 17064 17065 17066 17067 17068 17069 17070 17071 17072 17073 17074 17075 17076 17077 17078 17079 17080 17081 17082 17083 17084 17085 17086 17087 17088 17089 17090 17091 17092 17093 17094 17095 17096 17097 17098 17099 17100 17101 17102 17103 17104 17105 17106 17107 17108 17109 17110 17111 [17112] 17113 17114 17115 17116 17117 17118 17119 17120 17121 17122 17123 17124 17125 17126 17127 17128 17129 17130 17131 17132 17133 17134 17135 17136 17137 17138 17139 17140 17141 17142 17143 17144 17145 17146 17147 17148 17149 17150 17151 17152 17153 17154 17155 17156 17157 17158 17159 17160 17161 17162 ... 28336 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!