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Question: Sept. 30 Closing Price:
<$5,000 - 11 (11.8%)
$5000-$5,500 - 2 (2.2%)
$5,500-$6,000 - 5 (5.4%)
$6,000-$6,500 - 14 (15.1%)
$6,500-$7,000 - 14 (15.1%)
$7,000-$7,500 - 11 (11.8%)
$7,500-$8,000 - 7 (7.5%)
$8,000-$8,500 - 6 (6.5%)
>$8,500 - 23 (24.7%)
Total Voters: 93

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 20473995 times)
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gembitz
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*Brute force can solve any Bitcoin problem*


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November 01, 2017, 03:58:16 PM



BTCBTC huge whalezzz involved >.> millins hedge funds Cool weeeee

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1537801066
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gwoplock
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November 01, 2017, 03:59:17 PM

Lets eat that wall
Icygreen
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November 01, 2017, 04:00:43 PM

I recently heard (cant remember where) that bitcoin is the largest computational achievement in history. Couldn't seem to validate this with a search. Anyone else hear this or have links to articles?
Dabs
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November 01, 2017, 04:01:30 PM

@Bob ... more than a thousand coins?

Yes.

Yeah! Awesome for you!

That's about how much money Bill Gates said he though most people would need to be comfortable without running a charitable foundation like he does. Or if you have more than 10k BTC, you could be like him and say "I have no use for money. This is God's work." And then go out find a cure for cancer or polio or fly a shuttle into space, literally go to the moon.
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November 01, 2017, 04:02:24 PM

I recently heard (cant remember where) that bitcoin is the largest computational achievement in history. Couldn't seem to validate this with a search. Anyone else hear this or have links to articles?

It's been that way for awhile. I'll look it up, something about distributed computing. I remember when I used to look for digits of pi for free, or folding proteins, or looking for aliens. Just like in bitcoin, it was fun overclocking my 300 mhz Celeron to 350 mhz, then interesting when GPU computing came into the picture, boring when people started farming GPU clusters, and I don't know if ASICs or that other thing FPGA ever got into the picture.

I saw DES get cracked by some 300,000 chips in a few hours, with the help of distributed computers.

The bitcoin network in 2011 was already more powerful than several supercomputers worldwide. Today, its a lot more powerful.

I can't seem to find it right now, I'll go look some more later, or maybe someone else can find it.
jojo69
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no FOMO


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November 01, 2017, 04:03:10 PM

@Bob ... more than a thousand coins?

Yes.

ffs Bob

buy your own ranch, populate it with every 20 something gay cowhand west of the Mississippi and enjoy life in the big house
micgoossens
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yeah,well you know that's just like your opinion


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November 01, 2017, 04:04:13 PM

With This kind of rising i cannot find a suitable game ..... btc is Going to fast
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November 01, 2017, 04:06:41 PM

I recently heard (cant remember where) that bitcoin is the largest computational achievement in history. Couldn't seem to validate this with a search. Anyone else hear this or have links to articles?

far and away, by orders of magnitude

Quote
Network hashrate is currently around 10 ExaH/s (10,000,000 TH/s) which roughly converts to 127 ZettaFLOPS, though there is no direct conversion between FLOPS (floating point operations per second) and hashes because hashes involve integer operations (whole number math) and FLOPS involving obviously floating point math. Any claim of Bticoin is x flops is simply an approximation of the potential floating point power.

At any rate, far and away the largest computational effort humanity has yet achieved. I do not think "astronomical" is hyperbole in this case.
 

the Bitcoin network dwarfs all extant supercomputers put together



yes, the supercomputers are still measured in PetaFLOP/s (10E15) while bitcoin is running over 100ZettaFLOP/s (10E21) estimated equivalent, believe it or don't, it is true
conspirosphere.tk
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November 01, 2017, 04:07:56 PM

Now that they rekt the shorts by conjuring tens of millions of tethers out of thin air they might as well screw the longs as a next step.

ivomm
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November 01, 2017, 04:09:24 PM

576BTC wall at bitfinex eaten like snacks  Grin 6600 incoming!
gwoplock
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November 01, 2017, 04:10:14 PM

576BTC wall at bitfinex eaten like snacks  Grin 6600 incoming!

I almost missed it. Choo Choo
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November 01, 2017, 04:18:39 PM

And then go out find a cure for cancer or polio or fly a shuttle into space, literally go to the moon.

Dabs: cancer has already been cured: http://www.beating-cancer-gently.com/cancer-treatment-options

And polio as an interesting history as well:
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1383764/
http://www.nbcnews.com/id/21149823/ns/health-infectious_diseases/t/polio-outbreak-sparked-vaccine-experts-say/#.WfnzeVtSyUk

we would go a long way towards a polio cure if we had a healthier skepticism towards vaccines.
AlexGR
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November 01, 2017, 04:28:41 PM

576BTC wall at bitfinex eaten like snacks  Grin 6600 incoming!

You mean 6666 Cheesy
soullyG
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Decentralize everything


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November 01, 2017, 04:31:36 PM

Last of the V8s
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Be a bank


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November 01, 2017, 04:32:31 PM

now you boys are just showing off
Icygreen
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November 01, 2017, 04:40:26 PM

Thanks for that Jojo.
I mentioned this to a few folks the other day and realized I never fact checked. 

Wonder how p2p torrent hash power stacks up against Bitcoin.
Been around longer although not a single focus application unlike BTC
gentlemand
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November 01, 2017, 04:55:42 PM

I think it's pointless comparing super computers to BTC's computing. BTC computing is a one trick idiot savant that can't do anything else.
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November 01, 2017, 04:56:37 PM

There's an intriguing bit of psychology at play as the price rises. And this is only really going to kick in once we're in the quad digits. Humans have this peculiar trait about us that the more expensive something is the more we desire it. People with wealth in other areas will see the rise, and will find themselvews strongly compelled to buy some of these mysterious bits. And this cycle will continue on upwards.
Microeconomics 2302. Wink

BULLISH. TIME TO BUY!

I told you on the last page.

Did you listen??

                                                                                                                                   Who's your daddy? Wink
Sweet baby Jesus. What I wouldn't give to have my 25 BTC and 1100 ETH back. . . HODL gentlemen. Don't make my mistakes Sad
BobLawblaw
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November 01, 2017, 04:57:46 PM

And then go out find a cure for cancer or polio or fly a shuttle into space, literally go to the moon.
Dabs: cancer has already been cured: http://www.beating-cancer-gently.com/cancer-treatment-options

Please don't spread new-age crap like this around. Cancer is still - sadly - far from being cured, generally speaking.

Same with Rick Simpson Oil / Phoenix Tears - Don't want to hear it.

We still have a long way to go to properly cure all cancers.

now you boys are just showing off

Sad Sorry bro. Just answered his question honestly...
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Be a bank


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November 01, 2017, 05:03:33 PM

no not you mate, a grand doesn't impress me  Tongue. sorry i meant all these ath's

now you boys are just showing off

Sad Sorry bro. Just answered his question honestly...



the twitterati claim to be getting such messages more and more
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