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There are several different types of Bitcoin clients. Server-assisted clients like blockchain.info rely on centralized servers to do their network verification for them. Although the server can't steal the client's bitcoins directly, it can easily execute double-spending-style attacks against the client.
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micgoossens
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July 29, 2018, 11:02:29 PM |
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Going for the intermediate top in 4-6 days. After that, we will see whether it is (i) a 2013 recovery after a small downturn or - more severe - a retesting of the $5,8xx barrier, or (ii) a real bear market with testing and break of the $5,8xx barrier. But perhaps there are takers for the scenario of shooting up to $10k in this runup  Let iT be recovery Thats always fine  |
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BobLawblaw
Legendary
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Activity: 1302
Merit: 1933
BitcoinTalk's Most Fabulously Gay Black Power-Top
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July 30, 2018, 12:11:48 AM |
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Well, that drop is just down-right rude. Sheeit.  |
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gembitz
Sr. Member
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Activity: 952
Merit: 351
*Brute force will solve any Bitcoin problem*
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July 30, 2018, 01:31:20 AM |
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I just came across this thread and recent analysis by most traders conclude that btc will explode in coming weeks, i hope you guys have seen 60-65k usd analysis, what are your thoughts can btc reach that milestone?
"Can BTC reach 60-65k" was never a question. Certainly it will sometime in not so distant future. Will it reach it in coming weeks? Easily 99.99% it will not, far too soon. we already decided BTCBTC it's going up on to 100K-200K just like /\brk.a  weeee |
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Syke
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Activity: 2996
Merit: 1034
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July 30, 2018, 01:34:42 AM |
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hehe, and it's right back to where it was. That's gotta hurt. |
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tvbcof
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Activity: 2870
Merit: 1029
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July 30, 2018, 01:56:03 AM Merited by JayJuanGee (1) |
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I know for a fact that 'uncorrelated financial asset' was in play before it shows up on the chart. In 2008 things were very close to locking up, and one of the cause/effect feedback loops were that 'letters of credit' upon which much of the global commerce system operates were about to fail. Should that happen today, Bitcoin (or more generally crypto-currency) could rapidly take over in that role. I would guess that values could go insane under such a scenario. Of course crypto would be attacked mercilessly by some, but some of the would-be attackers would also be heavy users. Not clear how things would play out, but it could be a spectacular fireworks show. |
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HI-TEC99
Legendary
 Online
Activity: 1582
Merit: 1069
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July 30, 2018, 03:21:37 AM |
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hehe, and it's right back to where it was. That's gotta hurt. That's twice in a week that's happened. The recovery from the dip after the winks ETF was rejected took slightly longer, but it was still fast. |
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Hueristic
Legendary
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Activity: 2016
Merit: 1205
Doomed to see the future and unable to prevent it
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July 30, 2018, 03:38:39 AM
Last edit: July 30, 2018, 03:50:50 AM by Hueristic |
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ETF BlueChip on the horizon.
I agree completely. I mean look at computers, the internet, and automobiles. They're so complex that they'll never take off.
That's why we're still using the abacus, 2 tin cans on a string, and horses with carriages. KISS is king.
I was literally going to post a jpg of a wagon wheel to this last night but was to tired to bother. lol Pure Gold BREAKING NEWS - NEWS - NEWS - NEWS - NEWS
We removed Bitcore BTX because it SUCKS.
...
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HairyMaclairy
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July 30, 2018, 04:47:57 AM |
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Bcash lol teetering on the precipice. Currently 0.1004 BTC  |
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HairyMaclairy
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July 30, 2018, 05:36:20 AM
Last edit: July 30, 2018, 06:08:50 AM by HairyMaclairy |
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New downward trendline forming - overview  Detail of new downward trendline. Open question what happens when trendline and EMA collide. However it is a bit bullish that the price is closely hugging the trendline.  |
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hv_
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July 30, 2018, 06:36:57 AM |
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Haha, digged old stuff out - still good and correct.
Small blocks was dictated by the 'best' software devs and a fiat based blockstream, blocking on chain stream.
Bitcoin business devs moved on, since on-chain scaling is provenly possible in the global money world.
Sure, not with Raspis, censure and social engineering, but with decent tech and investment like minres already achieved over last years.
Do you have a BIP? Or are you merely suggesting that folks here migrate over to bcash, since bcash is surely superior to bitcoin with its segwit and lightning network and other second layer scaling, right? KISS is king. Complexity will die or never take off. I agree completely. I mean look at computers, the internet, and automobiles. They're so complex that they'll never take off. That's why we're still using the abacus, 2 tin cans on a string, and horses with carriages. KISS is king. We talk about unneeded over-engineering - that's all. If a road is getting too small and you have space left at its sides, you simply create more lanes - not complex bridges or tunnels and crosses ! (and charge for ppl need to use the safer road) - esp if all the shops and merchants are already built next to that road. |
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HairyMaclairy
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July 30, 2018, 07:34:30 AM |
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We talk about unneeded over-engineering - that's all. If a road is getting too small and you have space left at its sides, you simply create more lanes - not complex bridges or tunnels and crosses ! (and charge for ppl need to use the safer road) - esp if all the shops and merchants are already built next to that road. Hey HV? Have you checked out the new Bitcoin Core fork of BCH? There is an 8mb block every 60 seconds! Thats 10x throughput and 10x confirmation speed? Are you switching today? As a big block lover, you will find it absolutely fabulous https://thebitcoincore.org/ |
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BobLawblaw
Legendary
Offline
Activity: 1302
Merit: 1933
BitcoinTalk's Most Fabulously Gay Black Power-Top
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July 30, 2018, 08:42:58 AM |
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Hey HV? Have you checked out the new Bitcoin Core fork of BCH? There is an 8mb block every 60 seconds! Thats 10x throughput and 10x confirmation speed? Are you switching today? As a big block lover, you will find it absolutely fabulous https://thebitcoincore.org/ This shit be seriously fuckin' with muh head, yo. Where does the meta end, and the humor begin ? Or is it the humor ending, and meta beginning ? I'm so confused right now. |
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HairyMaclairy
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July 30, 2018, 08:46:51 AM |
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It’s Jihan Wu’s original vision. That’s all you need to know.
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buyandhold
Member
Offline
Activity: 231
Merit: 43
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July 30, 2018, 09:39:48 AM |
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ETF BlueChip on the horizon. Good one; thanks. I know for a fact that 'uncorrelated financial asset' was in play before it shows up on the chart.
In 2008 things were very close to locking up, and one of the cause/effect feedback loops were that 'letters of credit' upon which much of the global commerce system operates were about to fail. Should that happen today, Bitcoin (or more generally crypto-currency) could rapidly take over in that role. I would guess that values could go insane under such a scenario. Of course crypto would be attacked mercilessly by some, but some of the would-be attackers would also be heavy users. Not clear how things would play out, but it could be a spectacular fireworks show.
Intriguing commentary tyvm. There's something here for me also about generational knowledge. |
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buyandhold
Member
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Activity: 231
Merit: 43
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July 30, 2018, 09:41:04 AM |
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Unconnectedly, everything seems to be connected now:  |
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B1tUnl0ck3r
Sr. Member
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Activity: 686
Merit: 266
1 btc = 1 btc
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July 30, 2018, 10:03:55 AM |
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What is cool with bitcoin and the open source decentralized corporation free crypto space is that there is no one to sue or jail if something goes wrong... when ETH was in difficulties there were no suckers to hang...
contrary to the facebook... do you agree that saving the private zuck is a great idea following the total VIOLATION OF FINANCIAL DUTY AND RESPONSABILITY by MS sanderberg? yes, zuck, sandberg must end in jail for 40 years for her crimes...
what are her crimes? like mr dorsey or mr schmidt (beyond fucking underage girls), is that they decided to USE THEIR POSITION IN THOSE CORPORATIONS TO PURSUE A POLITICAL AGENDA DETRIMENTAL TO SHAREHOLDERS.
aka they have prioritized their "goals" vs OUR GOALS.
they have betrayed, they must pay, with their lives...
why such leniency toward the (z)fuck? save 1 : kill 3 seems to be a good warning to those domestic enemies. zuck lives and will tell the story when he watched the death of ms sandberg, mr dorsey and mr schmidt.
Execute her zuck, and you save yourself, forget fb, money... it's life and death.
we are feed with them, they censor, they ban, and then what? force vaccinate? mind reading and control? what else? war? cool... but your WALLS will never be wide enough.
remember it ain't trust, just... 2 orphans less...
save yourself, wipe her. jail : 40 years.
and the bitch is down... or you don't?
will see...
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micgoossens
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July 30, 2018, 10:19:23 AM |
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Are we Going to have a week pump ?? |
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bitserve
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Are we Going to have a week pump ?? Yes. P.S.: On second thought.... maybe not. But it would be great if the 12h chart keep doing the "simetry" until $10K, wouldn't it? |
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