jojo69
Legendary
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Activity: 3150
Merit: 4309
diamond-handed zealot
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December 11, 2017, 06:44:29 AM |
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TO DA MUN!  |
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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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Rosewater Foundation
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December 11, 2017, 06:46:27 AM |
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Honey Badger going downtown to meet Carolina. Crazy fuck!
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starmman
Legendary
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Activity: 1484
Merit: 1029
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December 11, 2017, 06:51:38 AM |
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This is getting hilarious: http://www.cboe.com/aboutcboe/cboe-system-status2/10/2017
[Print]
9:34 PM CT CFE In accordance with CFE Rule 1302(i)(iv), another minimum 5 minute Halt will be enacted if the XBT front month future bid hits the 30% level. So now they are allowing it to trade up to a 30% before they stop it again. Interesting. It seems that they only stop the trading to check that nothing fishy is happening before restarting it again right after. Sounds pretty bizarre to me - the market will start lagging. Are they closing peoples orders down when they close the market too? |
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milkshock100
Member
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Activity: 242
Merit: 14
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December 11, 2017, 06:53:08 AM |
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18k incoming
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podyx
Legendary
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Activity: 2338
Merit: 1035
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December 11, 2017, 06:54:44 AM |
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bitserve
Legendary
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Activity: 1820
Merit: 1464
Self made HODLER ✓
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December 11, 2017, 07:00:41 AM |
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This is getting hilarious: http://www.cboe.com/aboutcboe/cboe-system-status2/10/2017
[Print]
9:34 PM CT CFE In accordance with CFE Rule 1302(i)(iv), another minimum 5 minute Halt will be enacted if the XBT front month future bid hits the 30% level. So now they are allowing it to trade up to a 30% before they stop it again. Interesting. It seems that they only stop the trading to check that nothing fishy is happening before restarting it again right after. Sounds pretty bizarre to me - the market will start lagging. Are they closing peoples orders down when they close the market too? I don't know, but I don't think they do. In fact we Bitcoiners have already experienced that... I remember when mtgox glitched (or for whatever reason magicaltux felt like) there were times in which the engine was deliberately paused for a while. Most of the time the orders kept standing (mostly because the entire site was inaccesible) but I remember at least one time in which we were allowed to cancel standing orders. I don't remember any time where orders were removed automatically. They don't stop "the market" they just stop the trading of futures for a little while. So it's not big deal... and its just the futures market anyways. |
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Rosewater Foundation
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December 11, 2017, 07:39:43 AM |
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Ok so what's next? We all become Lightning Network hubs or something and retire?
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TERA2
Full Member
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Activity: 266
Merit: 222
Deb Rah Von Doom
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December 11, 2017, 07:45:33 AM |
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 Like it was just yesterday. |
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JayJuanGee
Legendary
 Online
Activity: 3696
Merit: 10192
Self-Custody is a right. Say no to"Non-custodial"
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December 11, 2017, 07:51:11 AM |
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anyways, my point is, everyone thinks bitcoin is a scam the first time they hear about it. it isn't until you really spend some time to look into it that you realize what it really is...
I think my first response was awe and curiosity, not suspicion. And I don't know how it was for others, but that first week was like I just got unhooked from the Matrix. Well my first "looking into" bitcoin was during the November 2013 price bubble. In Fall 2013, I had been looking into various investments because I had a bit of extra cash, and I had put bitcoin on the list of things to "look into later," and I recall in about October 2013, I had placed a portion of my available money into mutual funds (kind of index funds), and then someone had mentioned how "greatly" BTC prices had been rising in the past year, and he had made so much money. Therefore, I started reading, and I was immediately regretting that I had not looked into it earlier. Accordingly, I created a 6 month plan to stagger my investments while I looked into the matter more - and I ended up registering my BTC talk account several months later and when the first six months investment ended, I extended and seems that I was hooked, and perhaps, the rest is history, as they say. |
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JayJuanGee
Legendary
Online
Activity: 3696
Merit: 10192
Self-Custody is a right. Say no to"Non-custodial"
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December 11, 2017, 08:07:17 AM |
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You know theres millions of people thinking "Bitcoin was halted"
Well too bad about the misinformation of the masses, and when they finally catch on, and figure out that bitcoin is a good investment, us HODLers are going to be sitting even more pretty than we are.. perhaps another 10x from here? It hurts, it hurts to be a part of the ahead of the curve crowd, for once. Ow!!!! owie!!!   |
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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December 11, 2017, 08:08:42 AM |
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We are $200 below ATH on stamp and you guys aren’t even paying attention.
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TERA2
Full Member
Offline
Activity: 266
Merit: 222
Deb Rah Von Doom
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December 11, 2017, 08:10:14 AM |
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 Meanwhile... |
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manchester93
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December 11, 2017, 08:10:36 AM |
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It's interesting to see that even some old-timers seem to be in disbelief. If we took a poll of people around in 2013, I wonder how many of them survived the bear market and managed to overcome the disbelief required to HODL until now.....
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nikauforest
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December 11, 2017, 08:16:58 AM |
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We are $200 below ATH on stamp and you guys aren’t even paying attention.
I am watching the battle at 16400 . Some big buys going through. |
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Rosewater Foundation
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December 11, 2017, 08:21:56 AM |
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We are $200 below ATH on stamp and you guys aren’t even paying attention.
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Rosewater Foundation
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December 11, 2017, 08:23:27 AM |
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We are $200 below ATH on stamp and you guys aren’t even paying attention.
I am watching the battle at 16400 . Some big buys going through.  |
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Phil_S
Legendary
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Activity: 2090
Merit: 1461
We choose to go to the moon
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December 11, 2017, 08:28:36 AM |
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Personally, I came from a PM background so had a healthy hatred of that fiat trash already. I also had recently read Neal Stephenson's Baroque Cycle, a monumental work of historical fiction that deals with the nature of money and cryptrography that I would strongly recommend hodlers to read. So my response to discovering Bitcoin was more like "OMFG... ... ...an IMPLEMENTATION!!!"
Personal favorite. Short and sweet. http://www.electricinca.com/56/stephenson/simoleon.pdf“We’ve been doing E-money for e-ons, ever since automated-teller machines.” Joe says, with just the right edge of scorn. “Nowadays we can use it to go shopping in the Metaverse. But it’s still in U.S. dollars. Smart people are looking for something better.” Saved. Thanks! I'm reading Snow Crash right now. |
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