Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[d_eddie]

After reading comments in this thread I have been persuaded there is a real risk that a POW change would just further the Bcash agenda and so isn’t worth the risk right now. Even “preparing” is risky.  

For a threat to have the desired effect the subject must be convinced the threat is credible. Preparations are essential.

Bgold showed it is easy enough.  

Yes, but actually testing some alternance between PoW methods (one of which is old SHA-2) with variable mix percentages/strategies would make the point that much clearer. Testnet only, at first.

Just predispose the "combination strategy" and "combination factor (PoW#1)" ... "combination factor (PoW#n)" fields, and play with them a little. Then the (0, 1, ... , 0) position is exactly as today. Not to be disruptive, we'll try normalized(0, 1, 0.1, ... , 0) next - or (0, 0.97, 0.03, ... , 0), you know, just for the heck of it. Hm, and let's see what happens by combining them differently. Who's playing "bad guy" for this round of simulations? How many ASIC miners do you have?

The parameters could be tweaked by hand at first, just to get a feel for it. Later on, they could auto-adjust depending on measurable blockchain/mempool metrics. I'll let your gaming fantasy get wild here.

No need to freak out, gentlemen. The parameters on main net are still fixed at normalized(0, 1, 0, 0, ... , 0) = (0, 1, 0, 0, ... , 0). That's plain ol'corn for you. This is only a testnet game, of course. Nice though, eh?

That would really make a point.

[HairyMaclairy]

If you run it on test net someone will run it on main net and then we have self manufactured fork crisis.  


Mem pool organically rising.  Bullish?

[d_eddie]

There must be some way outta here
Said the joker to the thief
There's too much confusion
I can't get no relief

That's a man of the mountains, he can walk on the clouds.
A manipulator of crowds with the moon in his eyes.

[d_eddie]

If you run it on test net someone will run it on main net and then we have self manufactured fork crisis.  

You just build some heavy machinery replay protection trick with each parameter change (or maybe just for the initial one), so the self manufactured crisis makers can fork themselves, or rather fork off, as they wish. Client nodes still know which chain is which.

In other words: you build a loaded toy gun and show the world how it works. Then someone misguided recklessly takes it and makes into a real gun without client node consensus, so they end up in toy world.

Mem pool organically rising.  Bullish?

Not much of a jokerman diviner myself, but I'd say "likely, but not necessarily".

[coinfusion]

No blocks for over an hour now, hmm....

[HairyMaclairy]

Here’s something to rile up the NRA members in the thread.

[u9y42]

Here’s something to rile up the NRA members in the thread.

For the same effect (but more about the "check against tyranny" argument) I like The Juice Media's take: https://www.youtube.com/watch?v=cxHvHi-MdIM:

[...]

Robert Foster: General?

General Baxter: Look, if the slaves want guns, leave them be; our supremacy doesn't depend on weaponry. With schools, media, money and meds we control every aspect of your lives through ideological hegemony. But if you think you need guns to stop tyranny, then what are you waiting for? We've already stripped you of your liberty, privacy, civil rights and dignity - you want some more?

[...]

[Karartma1]

Laszlo Hanyecz of Pizza fame and history does it again with Lightning mainnet

https://lists.linuxfoundation.org/pipermail/lightning-dev/2018-February/001044.html

But this time is like a non-event 

About price: how long until Batman pattern will be followed by that of Superman?

BLACK PANTHER, BABY!

Nothing to do man, neither Black Panther (good one) nor Superman: still a lot of Batman ups and downs. A lot happening behind the scenes and hence this chess game.

[HairyMaclairy]

Darkforest update



My personal tracker.  Below the BTC chart is BFX shorts v longs.  Shorts currently massively dominating. 

[mymenace]

_

litecoin on GOX facebook

[Last of the V8s]

That's a man of the mountains, he can walk on the clouds.
A manipulator of crowds with the moon in his eyes.

Correct.
You win a thread on pow upgrade https://bitcointalk.org/index.php?topic=1833391.0

[flynn]

Darkforest update

That Darkforest TA graph is the best TA analysis ever ... merited.

[HairyMaclairy]

That Darkforest TA graph is the best TA analysis ever ... merited.

I can’t take credit for that - someone else posted the original.  Might have been V8? 

[Last of the V8s]

That Darkforest TA graph is the best TA analysis ever ... merited.

I can’t take credit for that - someone else posted the original.  Might have been V8? 

was

it's either good buy or good bye.


http://www.tradingview.com/chart/BTCUSD/nojTWf8q-Uptrend-is-close/

edit:

[mymenace]

its a struggle

[flynn]

Yes well, anyways, best innovation in TA evah; enough with those lines, welcome the trolls dragons and spells

[HairyMaclairy]

Full credit to Coinosphere then. 

Here’s the description - it’s a good read.

Dear Friends,

This is the tell of a hero, and the incredible journey he will follow to answer his true calling: Become the leader and savior of a kingdom once dominated by evil forces. But such great reward doesn't come that easily, and many challenges await on the road.

You will have guessed, this hero's name is Badger "Corn" Bitcoin -0.20% . And like every good fantastic story, his ultimate goal is to kill the evil lord of this scorched land, the dragon of many faces, the one whose name raise fear in every heart... But I will tell you more about him another time. Badger has to reach Mount King, there are many ways to get to it. Let's take a closer look at the possible places Bitcoin -0.20% might visit.

1. The Dark Forest ($8-11k)
At the moment, our hero is lost in the dark forest. Indeed its not easy to find one's path in the deep woods of this malicious place. Every path looks the same. Let's hope he will find the exit that leads to the hoping hills

2. Hoping Hills ($12-15k)
The exit to the hoping hills is in the northern part of the woods. Above 12k and Badger will have an easy stroll through this rather friendly countryside, populated by enthusiastic bulls. Another, more tortuous way leaves the the forest at around 8.5~9k and also leads to the hills.

3. The Swamps of Anger ($3-4k)
Countless have lost their lives drowned in the swamps. Stay on the path and you might find the fork that leads to the low pass. Choose well though, a wrong turn and you'll end up in a place no one ever came back from

4. The Dungeon of Capitulation ($1-2k)
Here is the most dangerous place on the map. I have yet to come across a soul to tell the story of what lies in the depths of the dungeon. If Bagder ever wanders in those parts, his will will be most likely tested like never before. He will have to gather all his strength and courage to not give in to the dark forces that haunt this place.

5. The Desert of Despair (---)
Might our beloved hero loose all faith, he will probably miss the path that shoots off the dungeon and end up wandering in the endless desert of despair. Who knows when, where and if he will get out of this forsaken land.

6. The Low Pass
This is one hell of a tricky road. Falling rocks, steep cliffs and venomous vipers are expected to be bothering our brave Corn 0.41% . But the road eventually leads to the summit.

7. The High Pass
The easier road to Mount King. Follow the edge of the mountain to summit. Watch out for the crevasses

8. Mount King
Here it is! The top of the mountain. Mount King is a key milestone and from there Badger will be able to see what lies beyond, and what lies beyond is another chapter of this fantastic journey.

[HairyMaclairy]

Update Feb 25:

Comment: (Posted this as comment instead of updating idea. One more time...)

Wow... First of all, thank you fellow viewers for all this load of praises. It's the kind of fire that would warm the heart of any storyteller. I feel overwhelmed, and at the same time to have started this popular story with a typo. Hope you'll forgive me as TV doesn't allow edits. In any case, the "tale" goes on. And now for the update on or hero's journey:

Pushing through dense foliage, Badger made its way through the forest. The main road to the hills was even in sight! Unfortunately, the forest wasn't keen on letting our brave soldier escape that easily. Concealed under an unassuming bed of leaves, a pitfall! Corn lost its way once again, and climbing back seems like hardly achievable at this point. Our hero will have to continue its journey through the forest until it arrives at the next fork at 8.5~9k. From there, he might be able to follow the river upstream, climbing back to the more promising hills, or not and go straight down to the swamps...

[HairyMaclairy]

I knew you would love it Bawb !

[mymenace]

How to meddle in Foreign politics the right way and with taxpayers money

https://www.smh.com.au/politics/federal/alp-operatives-on-taxpayerfunded-us-trip-caught-up-in-hidden-camera-campaign-sting-20160227-gn5chk.html

https://www.theguardian.com/commentisfree/2014/oct/23/gough-whitlam-1975-coup-ended-australian-independence


https://thenewdaily.com.au/news/world/2017/01/19/us-interference-australian-1975-election/