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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26386643 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. (174 posts by 3 users with 9 merit deleted.)
cofefeGandalf
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February 19, 2018, 09:09:24 PM
Merited by d_eddie (1)

[19:12:24] · <ben_vulpes> https://arxiv.org/abs/1802.06038 << "on a subset of 3,759 contracts which we sampled for concrete validation and manual analysis, we reproduce real exploits at a true positive rate of 89%, yielding exploits for 3,686 contracts"
[19:20:00] · <shinohai> I'm sure with time they can get that number closer to 100% (http://btcbase.org/log/2018-02-19#1785157)

If someday Bitcoin does another 10x I will "retire" and devote all my time to exploit research on blockchain/smart contracts field. That's when I will start to have real fun.

Someone got to teach the shitcoiners why "ol' stupid bitcorn" isn't turing complete. Pain is a great way to learn Grin (makes the lessions stick)
HairyMaclairy
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February 19, 2018, 09:14:47 PM

The Hairy Channel Observer continues.  We are consistently sitting in the top half of the channel.  Above $12k would be the second upward breakout since the bottom. 

infofront (OP)
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February 19, 2018, 09:15:09 PM


"They vote with their CPU proof-of-worker, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism."
- S. Nakamoto


"'Bitcoin Cash' is centralized sock puppetry."
-Nick Szabo (>90% likelihood of being S. Nakamoto)
Last of the V8s
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February 19, 2018, 09:17:28 PM

    Topic: The fabled GMO cards from Japan will be contract only...
2 year contract, but don't worry, it's only 5 million usd!
And you get to play "guess the fees".

https://www.gmo.jp/en/news/article/?id=765

snip
whip-round?
Elwar
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February 19, 2018, 09:18:29 PM

I would be fine with another Bcash pump. I am finally settled down in one place where I can take the time to pull out my cold storage wallets and convert my BCH to BTC.

So pump that shit up to .2 BTC for me please.
Biodom
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February 19, 2018, 09:19:19 PM

Bitcoin is up 4.5% today
GBTC is down 4.72% today, shrinking that premium (by 10% in one day).

Interesting.
HairyMaclairy
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February 19, 2018, 09:21:25 PM

   Topic: The fabled GMO cards from Japan will be contract only...
2 year contract, but don't worry, it's only 5 million usd!
And you get to play "guess the fees".

https://www.gmo.jp/en/news/article/?id=765

snip
whip-round?

Sure.  If they guarantee uptime and hashrate backed by a bank guarantee and the numbers stack up.  The operational fee "TBD" is just an invitation to go negotiate with them directly. 
Toxic2040
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February 19, 2018, 09:21:39 PM

The Hairy Channel Observer

 Cheesy Grin Cool  sub'd
Elwar
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February 19, 2018, 09:23:03 PM

Elwar:  can you create colored coins or ERC-20 style tokens?

Colored coins might be possible but a smart contract would still be required. I wouldn't use an ethereum token because I don't want to go down that path and confuse users with ethereums.
bitserve
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February 19, 2018, 09:25:00 PM

[19:12:24] · <ben_vulpes> https://arxiv.org/abs/1802.06038 << "on a subset of 3,759 contracts which we sampled for concrete validation and manual analysis, we reproduce real exploits at a true positive rate of 89%, yielding exploits for 3,686 contracts"
[19:20:00] · <shinohai> I'm sure with time they can get that number closer to 100% (http://btcbase.org/log/2018-02-19#1785157)

If When later this year, someday Bitcoin does another 10x I will "retire" and devote all my time to exploit research on blockchain/smart contracts field. That's when I will start to have real fun.
Looking forward to your research in 2019.

haha, I wish. I know it is perfectly possible that we do have another 10x in 2018 but.... something makes me hard to believe I will be so lucky. Wouldnt even care to wait a few more years for that. Not even if that means 10 years.

ANyway, whenever that happens you have my word you will see some exploits on my name (responsible disclosure ofc).
bitserve
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February 19, 2018, 09:26:53 PM

[19:12:24] · <ben_vulpes> https://arxiv.org/abs/1802.06038 << "on a subset of 3,759 contracts which we sampled for concrete validation and manual analysis, we reproduce real exploits at a true positive rate of 89%, yielding exploits for 3,686 contracts"
[19:20:00] · <shinohai> I'm sure with time they can get that number closer to 100% (http://btcbase.org/log/2018-02-19#1785157)

If someday Bitcoin does another 10x I will "retire" and devote all my time to exploit research on blockchain/smart contracts field. That's when I will start to have real fun.

Someone got to teach the shitcoiners why "ol' stupid bitcorn" isn't turing complete. Pain is a great way to learn Grin (makes the lessions stick)

Turing complete is ok.... on SIDECHAINS. Main layer has to be simple and secure.
cofefeGandalf
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February 19, 2018, 09:29:25 PM

[19:12:24] · <ben_vulpes> https://arxiv.org/abs/1802.06038 << "on a subset of 3,759 contracts which we sampled for concrete validation and manual analysis, we reproduce real exploits at a true positive rate of 89%, yielding exploits for 3,686 contracts"
[19:20:00] · <shinohai> I'm sure with time they can get that number closer to 100% (http://btcbase.org/log/2018-02-19#1785157)

If someday Bitcoin does another 10x I will "retire" and devote all my time to exploit research on blockchain/smart contracts field. That's when I will start to have real fun.

Someone got to teach the shitcoiners why "ol' stupid bitcorn" isn't turing complete. Pain is a great way to learn Grin (makes the lessions stick)

Turing complete is ok.... on SIDECHAINS. Main layer has to be simple and secure.

Exactly.

edit: Someone knows when rootstock is supposed to go live / be widely available?
Last of the V8s
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February 19, 2018, 09:30:08 PM

https://bitcoiin2gen.pr.co/163919-zen-master-steven-seagal-has-become-the-brand-ambassador-of-bitcoiin2gen
shoulda stayed in the kitchen


HairyMaclairy
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February 19, 2018, 09:32:27 PM

Elwar:  can you create colored coins or ERC-20 style tokens?

Colored coins might be possible but a smart contract would still be required. I wouldn't use an ethereum token because I don't want to go down that path and confuse users with ethereums.


Great.  Let me explain myself.  Global equity markets are going to slowly transition onto public blockchains.  It’s going to start this year.  We need to be able to offer equity instruments (eg shares) on Bitcoin or a side chain or second layer. If we don’t, another public blockchain will fill the hole.

The Gibraltar Stock Exchange will probably be the first to offer regulated securities on a public blockchain. Others will follow quickly.  Eventually LSE, NYSE etc will see the writing on the wall.
bitebits
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February 19, 2018, 09:40:11 PM

Bitcoin is up 4.5% today
GBTC is down 4.72% today, shrinking that premium (by 10% in one day).

Interesting.

Any recent ETF news perhaps?
itod
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February 19, 2018, 09:47:44 PM
Merited by infofront (1), 600watt (1), BTCMILLIONAIRE (1)

Bitcoin.com is not a scam, it is a URL. What is scammy about that? Further, in what way does the existence of such make me a scammer?

jbreher, just stop it.

By definition in the Whitepaper Bitcoin is the chain with greatest accumulated PoW. Any defense of Ver's scamming attempt with the site that carries Bitcoin + ".com" in the URL to confuse the newbies in mixing up BTC and BCash is just insulting the intelligence of everyone here. You may pretend it's not obvious scam to you, but nobody believes you. Your posts show enough intelligence that you can not be that naive, you are either trolling or have some agenda with Roger, both very irritating. Don't turn yourself into a laughing stock light that silver fetishists whom no one believes he has no agenda, but spreads metal propaganda here out of his true love for our well being.
Spaceman_Spiff_Original
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February 19, 2018, 09:59:01 PM

Bitcoin.com is not a scam, it is a URL. What is scammy about that? Further, in what way does the existence of such make me a scammer?

jbreher, just stop it.

By definition in the Whitepaper Bitcoin is the chain with greatest accumulated PoW.
I disagree. It is the longest valid chain.  What is valid is up to the collective of users, and different users can have different preferences. Luckily, there is a clear leader in terms of number of users and market cap. However, if bitcoin (core) and bitcoin cash had an equal amount of supporters, we might have a hard time determining which one would be named bitcoin.
Ibian
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February 19, 2018, 10:04:04 PM

Bitcoin.com is not a scam, it is a URL. What is scammy about that? Further, in what way does the existence of such make me a scammer?

jbreher, just stop it.

By definition in the Whitepaper Bitcoin is the chain with greatest accumulated PoW.
I disagree. It is the longest valid chain.  What is valid is up to the collective of users, and different users can have different preferences. Luckily, there is a clear leader in terms of number of users and market cap. However, if bitcoin (core) and bitcoin cash had an equal amount of supporters, we might have a hard time determining which one would be named bitcoin.
The one that supports pre-fork coins. This is not difficult.
itod
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February 19, 2018, 10:04:07 PM

Bitcoin.com is not a scam, it is a URL. What is scammy about that? Further, in what way does the existence of such make me a scammer?

jbreher, just stop it.

By definition in the Whitepaper Bitcoin is the chain with greatest accumulated PoW.
I disagree.

Bitcoin White paper, first paragraph, Abstract:

Quote
Abstract. ..., accepting the longest proof-of-work chain as proof of what happened while they were gone.

Source: https://bitcoin.org/bitcoin.pdf

I don't get how can you disagree with the definition?

Edit: Section 4. is even more explicit:
Quote
The majority decision is represented by the longest chain, which has the greatest proof-of-work effort invested in it.

If this isn't proof that using the word "Bitcoin" for anything other then BTC is a scam, I don't know what is.
Spaceman_Spiff_Original
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February 19, 2018, 10:07:02 PM

Bitcoin.com is not a scam, it is a URL. What is scammy about that? Further, in what way does the existence of such make me a scammer?

jbreher, just stop it.

By definition in the Whitepaper Bitcoin is the chain with greatest accumulated PoW.
I disagree.

Bitcoin White paper, first paragraph, Abstract:

Quote
Abstract. ..., accepting the longest proof-of-work chain as proof of what happened while they were gone.

Source: https://bitcoin.org/bitcoin.pdf

I don't get how can you disagree with the definition?
First of all, I don't read the white paper as gospel.  But even if you do, also in abstract: "As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network,  they'll  generate the  longest  chain  and  outpace attackers." Therefore the abstract itself already says that the longest chain rule is conditional.
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