elux
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Activity: 1458
Merit: 1005
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April 19, 2013, 02:48:36 AM |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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w00t
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April 19, 2013, 02:49:57 AM |
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Seriously, what the hell?  Maybe we need to change the name of the topic from hardcore to something more appropriate. Btw that Top - bottom happened in less than 5 minutes. |
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Kazu
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April 19, 2013, 02:50:34 AM |
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Well that was spooky. It "crashed" by almost 10% for a bit but now seems to have recovered for the most part. Moral of story: Bears fight back at $120
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NamelessOne
Legendary
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Activity: 840
Merit: 1000
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April 19, 2013, 02:53:57 AM |
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Well that was spooky. It "crashed" by almost 10% for a bit but now seems to have recovered for the most part. Moral of story: Bears fight back at $120
Yes spooky, but hardly felt like a 'crash' more like one person doing their best to push it down. The consistency of the sells all the way down to 111ish and then bam it is over. I wonder if this will be like the sell off in the mid 90s yesterday and screw the seller over. No panic selling, no price drop, just a jaw dropped seller realizing their mistake. But I actually think there will be drop anyway so maybe they'll get lucky haha. |
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tHash
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April 19, 2013, 02:54:58 AM |
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I am pretty sure the "bubble" of the last week just popped . . .
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NamelessOne
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Activity: 840
Merit: 1000
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April 19, 2013, 02:56:56 AM |
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I am pretty sure the "bubble" of the last week just popped . . .
Was that an inverted price correction bubble that pops and causes the price to rise?   |
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tHash
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April 19, 2013, 02:59:33 AM |
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I am pretty sure the "bubble" of the last week just popped . . .
Was that an inverted price correction bubble that pops and causes the price to rise? That's the one :p |
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BTCdude007
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April 19, 2013, 02:59:56 AM |
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I don't know whether to be happy about this rise. It is beginning to feel like early April, and we all know how that ended! (assuming that it has really ended, lol).
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Frozenlock
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April 19, 2013, 03:01:35 AM |
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I don't know whether to be happy about this rise. It is beginning to feel like early April, and we all know how that ended! (assuming that it has really ended, lol).
So it will go up to $500 and crash to $100? Nooooooo! That would be terrible!  |
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tHash
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April 19, 2013, 03:06:12 AM |
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I don't know whether to be happy about this rise. It is beginning to feel like early April, and we all know how that ended! (assuming that it has really ended, lol).
While it will be a little while before we know exactly how it ended, we are beginning to see hints at least. There was a media storm that increased exposure to unfathomable levels. The bids are way above what they were before the "crash". I've never seen so many people on twitter asking about bitcoin. Google searches are sky high. Bottom line is it will "bubble" again, but people should be a little more experienced and won't be as quick to panic. Each "bubble" will land a little softer, and eventually, we should see some of the volatility diminish. Probably years from now . . . |
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Richy_T
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Activity: 2240
Merit: 1987
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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April 19, 2013, 03:16:36 AM |
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Bitcoin adoption is often compared to the internet. But imagine if the internet arrive and everyone already had quad core computers and fiber to the home. That's more what it's like.
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computerlamp
Newbie
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Activity: 32
Merit: 0
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April 19, 2013, 03:20:45 AM |
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yeah...
not sure where this is coming from
april 20th is just about here? um ... people that forget things just remembered and are getting some bitcoins for purchasing goods?? |
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awakening
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April 19, 2013, 03:29:33 AM |
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The bears are resisting pretty well the 120 wall. Even pushing down the price.
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Franktank
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April 19, 2013, 03:30:13 AM |
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Looks like we've found a battleground.
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jl2012
Legendary
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Activity: 1792
Merit: 1065
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April 19, 2013, 03:39:40 AM |
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FTFY  Looks like we've found a battleground.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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April 19, 2013, 03:40:05 AM |
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Bitcoin adoption is often compared to the internet. But imagine if the internet arrive and everyone already had quad core computers and fiber to the home. That's more what it's like.
The internet rules! Bitcoin was fashionably late, but now we can really get the party going! |
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Franktank
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April 19, 2013, 03:44:27 AM |
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FTFY Either or, I'm here for the long run so |
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giszmo
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Activity: 1862
Merit: 1105
WalletScrutiny.com
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April 19, 2013, 03:50:14 AM |
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FTFY Hilarious  I saw the pic and was so irritated by the same error that I was about to fix it, too  |
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BTCdude007
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April 19, 2013, 04:00:21 AM |
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Does anyone here worry about the concentration of hash power? 6 of the last 7 blocks have been found by BTC Guild. This is beginning to worry me.
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giszmo
Legendary
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Activity: 1862
Merit: 1105
WalletScrutiny.com
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April 19, 2013, 04:03:04 AM |
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Does anyone here worry about the concentration of hash power? 6 of the last 7 blocks have been found by BTC Guild. This is beginning to worry me.
No. They were found by miners of that pool, not the pool itself. If the pool misbehaves (the blocks contain only transactions with high fees or the blocks contain no transactions at all etc.) these miners will switch within hours. I wonder though why the first ASIC miners are not solo mining. Damn you can afford to do it with a block found on average within hours. |
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