JorgeStolfi
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July 04, 2015, 03:30:40 AM |
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What happens to "bagholder pain index" when price exceeds $1200 ? Do we reach negative pain? Just like negative interest rates?
It would go negative after a prolonged ATH, at least with currently held coins. It could also approach infinity with a mass exodus from the asset to better vehicles or in the chance of a protocol failure. The BND numbers that I posted are the minimum and maximum that the bagholders's should expect to get back, without being greedy. To satisfy their expectations, they would have to find new investors willing to invest between 483 million and 17.2 billion USD in bitcoin. The BPI could be defined as what the current holders expect to get back, minus what they would get back if they all sold their coins today with no slippage. That is, the BPI would be the BND minus the market cap, which today is 3.65 billion USD; which gives between −3.16 billion (meaning that the bagholders as a whole could profit that much) and +13.5 billion (meaning that they could have that much loss), or anything in between.
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Cconvert2G36
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July 04, 2015, 03:36:28 AM |
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Meanwhile, the sovereign bond holders, are calculating their similarly devised BPI in the nominal trillions of $ equiv.
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ChartBuddy
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July 04, 2015, 04:01:49 AM |
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edgar
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July 04, 2015, 04:09:36 AM |
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droning waffle
>> (i have no morals) <<
more droning waffle
Agreed! If it wasnt for being lumped in with moral-less entities such as this wall of waffle-text posting clown, things would be much more comfortable. it feels as though a bunch of lonely shut-ins have joined us and claimed us as their own - and there are millions more yet to arrive... As much as we all want increased adoption, knowing the vast majority of them will be no morals having, life-story repeat-whining d-bags just makes me cringe.
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Chef Ramsay
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July 04, 2015, 04:27:50 AM |
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droning waffle
>> (i have no morals) <<
more droning waffle
Agreed! If it wasnt for being lumped in with moral-less entities such as this wall of waffle-text posting clown, things would be much more comfortable. it feels as though a bunch of lonely shut-ins have joined us and claimed us as their own - and there are millions more yet to arrive... As much as we all want increased adoption, knowing the vast majority of them will be no morals having, life-story repeat-whining d-bags just makes me cringe. Considering we're on the cusp of another uptick of unheard proportions, I say your worry of them having no morals isn't such a thing to be concerned about. So much is going to change in such a large manner that'll you'll be super surprised.
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ChartBuddy
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July 04, 2015, 05:01:46 AM |
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ejinte
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July 04, 2015, 05:16:23 AM |
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ChartBuddy
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July 04, 2015, 06:03:00 AM |
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gijoes
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July 04, 2015, 06:55:25 AM |
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6-blocks deep invalid chain due to some stupid miners not checking blocks and only using headers? Meh. Could be almost anything, just happened to be BIP-66 specific. Blaming it on core devs is disingenuous. The situation has zero similarity with the pandora's shitbox opened by a bunch of fervent Bitcoin-XT fork promoters.
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ChartBuddy
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July 04, 2015, 07:01:51 AM |
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Cconvert2G36
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July 04, 2015, 07:41:09 AM |
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6-blocks deep invalid chain due to some stupid miners not checking blocks and only using headers? Meh. Could be almost anything, just happened to be BIP-66 specific. Blaming it on core devs is disingenuous. The situation has zero similarity with the pandora's shitbox opened by a bunch of fervent Bitcoin-XT fork promoters.Those scalists, trying to increase capacity to something on par with a regional renaissance festival. For shame.
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Cconvert2G36
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July 04, 2015, 07:50:45 AM |
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Not to ruin the plot... but it's over already. The panic was less than impressive.
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ChartBuddy
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July 04, 2015, 08:01:47 AM |
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ChartBuddy
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July 04, 2015, 09:01:49 AM |
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ChartBuddy
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July 04, 2015, 10:01:47 AM |
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rich93
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Chromia - Relational Blockchain
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July 04, 2015, 10:17:50 AM |
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Not to ruin the plot... but it's over already. The panic was less than impressive. We can't be sure until it is confirmed that all the pools have stopped SPV mining and upgraded to the latest version of Bitcoin core. I read that whole thread and nobody knows for certain. Here's one post from it that suggests the problem might be fixed, but clearly says nobody knows for certain. We don't know until an expert posts some conclusive proof that it's fixed. ... We just need someone to confirm this. I think that everything is fine now, however I can't be sure.
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JorgeStolfi
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July 04, 2015, 10:18:27 AM |
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Not to ruin the plot... but it's over already. The panic was less than impressive. Of course. It was just an accident, some core devs were awake watching anxiously the onset of BIP66, the two pools involved cooperated promptly, etc.. That was not an attack: someone just sneezed. See, the building stopped shaking already.
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Bagatell
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July 04, 2015, 10:35:10 AM |
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That was not an attack: someone just sneezed. See, the building stopped shaking already.
Unlike the fiat system that seems to have contracted Parkinsons.
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shmadz
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@theshmadz
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July 04, 2015, 10:35:58 AM |
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Not to ruin the plot... but it's over already. The panic was less than impressive. Of course. It was just an accident, some core devs were awake watching anxiously the onset of BIP66, the two pools involved cooperated promptly, etc.. That was not an attack: someone just sneezed. See, the building stopped shaking already. Right. If bitcoin can survive the scorn and ridicule of a Brazilian professor, it can survive this little kerfuffle. This will just be used as ammo in the argument against larger blocks (rightly so, imo)
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