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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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BlindMayorBitcorn
Legendary
 Offline
Activity: 1260
Merit: 1115
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September 07, 2017, 04:12:27 AM |
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Bitcoin Cash was a sophisticated, well-funded attack. These hobos couldn't even shell out for an english translation. |
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CoinCube
Legendary
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Activity: 1946
Merit: 1055
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September 07, 2017, 04:26:27 AM |
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Bitcoin Cash was a sophisticated, well-funded attack. These hobos couldn't even shell out for an english translation. Yep I wonder what the peak will be. Hard to be too upset about free BTC. |
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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September 07, 2017, 04:41:07 AM |
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A 'DJ' 'investor'. Invests $100 in bitcoin. STORY!!!!BBC   |
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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September 07, 2017, 05:43:07 AM |
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The whole BitcoinCash/BTC fee discussion is moot. I bet most altcoins can do transactions cheaper than BTC. That's not the point.
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starmman
Legendary
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Activity: 1484
Merit: 1029
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September 07, 2017, 06:01:14 AM |
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A 'DJ' 'investor'. Invests $100 in bitcoin. STORY!!!!BBC Looks like they have dumbed the entire concept down too, to way more the level then most news sites do when covering bitcoin - the BBC like to do that, makes it difficult to read |
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Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
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September 07, 2017, 06:17:29 AM |
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Bitcoin Cash was a sophisticated, well-funded attack. These hobos couldn't even shell out for an english translation. Yep I wonder what the peak will be. Hard to be too upset about free BTC. One can only be grateful to the ones who give him free BTC. They want Cash fine. We stay on BTC |
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JayJuanGee
Legendary
 Online
Activity: 3710
Merit: 10211
Self-Custody is a right. Say no to"Non-custodial"
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September 07, 2017, 07:16:33 AM |
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[ edited out]
When you give away precious seconds of your life to read a reply from JayJuanGee:  When you cite Donald Trump for anything other than exaggerations and drama.... |
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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September 07, 2017, 07:27:15 AM |
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So, more free money on October the 1st then.
Bitcoin Gold.
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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September 07, 2017, 07:37:40 AM |
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So, more free money on October the 1st then.
Bitcoin Gold.
so it's a fork to GPU mining again?.....really, I don't mind free money for my BTC hoard...but at first glance that is just 'silly'  |
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JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10211
Self-Custody is a right. Say no to"Non-custodial"
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September 07, 2017, 07:46:41 AM |
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satoshi's (who is dead by the way)
Evidence? For all practical purposes, he is dead. <<blather blather blather -ed>> Retraction of indefensible assertion duly noted. Apparently, you have made an executive decision that my actual response was not important, and you would rather just summarize my response as a supposed "retraction."... yeah.. right. |
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rjclarke2000
Legendary
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Activity: 1358
Merit: 1016
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September 07, 2017, 07:50:50 AM |
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Sorry, I posted a similar thing. Didn't see this post until after! |
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rjclarke2000
Legendary
Offline
Activity: 1358
Merit: 1016
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September 07, 2017, 07:51:54 AM |
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So, more free money on October the 1st then.
Bitcoin Gold.
so it's a fork to GPU mining again?.....really, I don't mind free money for my BTC hoard...but at first glance that is just 'silly' It just boosts our btc hoard Searing. Nothing more. |
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Denker
Legendary
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Activity: 1442
Merit: 1014
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September 07, 2017, 08:03:46 AM |
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The whole BitcoinCash/BTC fee discussion is moot. I bet most altcoins can do transactions cheaper than BTC. That's not the point.
Of course they are all much cheaper. Because nobody uses them except for trading back and forth on exchanges. In terms of txns/day all these coins are ghost towns!! Bitcoin is the only blockchain which is really being used so far. |
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drbrockcoin
Full Member
Offline
Activity: 137
Merit: 100
For your listening pleasure, Fuck World Trade!
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September 07, 2017, 08:03:55 AM |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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September 07, 2017, 08:23:58 AM |
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Aren't you ignoring the fact that the two previous bubbles were artificialy made by MtGox?
After Gox closed the price just went down to where it should have been, and would have been, had there never been a MtGox.
Now hold on a minute, let's flesh this out. You believe the Willy bot produced the 2013 spikes? What is your basis for this? I don't know exactly how Marc did it. But the price on Gox was alway higher than on all other exchanges, making all other follow. And when gox went away, so did the bubbles. My guess would be that he just made the figures up, Willys part in that is unknown to me. Way back, Peter Rizun occasionally made sense https://bitcointalk.org/index.php?topic=497289.0 Peter R Rizun’s Theory on the Collapse of Mt. Gox -story has changed a bit over time but the Willy part is accurate enough: ...
And so Willy was born. Willy was a bot, discovered by Wall Observers from bitcointalk.org and named by Opet on Bonavest's trading show, who would consistently purchased[sic] bitcoins at regular intervals between November 2013 and February 2014. Evidence that Willy belonged to Mark was revealed when both web and API trading at Gox was disabled for a brief period of time, exposing Willy as the only one left buying.
Willy served two purposes: he drove the price of bitcoin on the MtGox exchange high, thereby slowing and sometimes reversing the outward flow of real BTC, and he reduced the number of GoxBTC held by clients. Of course, this meant that Willy eventually became the owner of a huge number of GoxBTC (that were of course no longer backed by real BTC).
...
He shifted Willy into reverse and cranked the throttle. Willy relentlessly dumped bitcoins into the open bids. The price fell further and further, eventually dropping well below the BitStamp price[1]. But still not enough people were buying! He needed his customers to buy the GoxBTC. Willy kept dumping coins until finally the price dropped below $100.
...
Incidentally this[1] is one of the main refutations (whether correct or not idk) recently of anti-Tether/Bitfinex fud: no great price disparity between Finex and the other Stamps. |
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Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
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September 07, 2017, 10:58:02 AM |
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So, more free money on October the 1st then.
Bitcoin Gold.
so it's a fork to GPU mining again?.....really, I don't mind free money for my BTC hoard...but at first glance that is just 'silly' He wants btc per bitcoin gold. He says ICO. I don't see free money, am I wrong? |
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empowering
Legendary
Offline
Activity: 1078
Merit: 1441
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September 07, 2017, 10:59:00 AM
Last edit: September 07, 2017, 11:58:44 AM by empowering |
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Like I said - temporary!! "China issues temporary halt on ICOs" https://medium.com/@jeremylqe/chinas-halt-on-ico-is-not-permanent-38148c603d9fOriginal interview (Chinese) :http://www.miaopai.com/show/dVaBJDt-e17CegTNejRK3Yucmb-COufKeVOduQ__.htm AND meanwhile in news that has just made my day - NEO is now on Bitfinex - I can have some fun now I am very happy about this (starts transferring NEO to Finex for games) (hmmm for the real games I need them to start margin trading and accepting NEO as collateral) |
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