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DanDan
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November 21, 2015, 12:18:56 AM |
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So after these news should we expect a pump or dump?
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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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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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marcus_of_augustus
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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November 21, 2015, 12:19:54 AM |
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So after these news should we expect a pump or dump?
sentiment is terrible .. nowhere to go but up. |
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Cconvert2G36
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November 21, 2015, 12:20:48 AM |
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Thanks.
Yeah, I was aware of bitcoinj - and that is certainly a contribution - but I was thinking more along the lines of contributions to the actual Bitcoin protocol. Although Mike has been at the center of a lot of controversy in the Bitcoin world over the last couple of years, it seems that he has actually only worked on his own projects, as far as I can see. It's hard to tell if he influenced the work of others or not, though.
You'll notice I placed a fairly low bar.  And Hearn easily cleared it. Years is a long time to continue the same argument. https://bitcointalk.org/index.php?topic=157141.80 |
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cbeast
Donator
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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November 21, 2015, 12:22:40 AM |
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Welp. I'm reading it now. He's right. Colouring coins is bad idea. He's a thinker, that's for sure. Depending on what you are doing, colored coins may be better if traceable. |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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November 21, 2015, 12:30:01 AM |
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Welp. I'm reading it now. He's right. Colouring coins is bad idea. He's a thinker, that's for sure. Depending on what you are doing, colored coins may be better if traceable. Adding exogenous value onto a network that cannot detect and dynamically protect the exogenous value. I never thought of it in those terms before tho. The metacoins and colored coin projects listed above unquestionably increase the social value
of the chain, yet they do not proportionally incentivize security beyond the existing block
reward (seigniorage) subsidy. This could lead to an economic incentive to attack the chain, a
type of fat tail risk that could dramatically impact any layer residing on top of the Bitcoin
network.69
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makeacake
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Activity: 42
Merit: 0
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November 21, 2015, 12:32:11 AM |
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shmadz
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Activity: 1512
Merit: 1000
@theshmadz
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November 21, 2015, 12:33:35 AM |
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I don't completely agree with the tactical decisions Hearn made over the last year, and I'd be fine with slower increases than BIP101, but I'm 100% certain he did more for Bitcoin on his worst day than Nov 2013 hdbuck ever will.
If we're still (inexplicably?) stuck at 1MB popescu pogs through the majority of 2016, I'll be lacing up my shoes too.
Hear, hear! Could someone point out a few of Mr. Hearn's more notable contributions to Bitcoin? I am having trouble finding them. (serious question) The only commit he made that I know of that ever even made it into the reference client caused the fork back in 2013. Good riddance. |
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xyzzy099
Legendary
 Online
Activity: 1062
Merit: 1041
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November 21, 2015, 12:35:19 AM |
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Thanks.
Yeah, I was aware of bitcoinj - and that is certainly a contribution - but I was thinking more along the lines of contributions to the actual Bitcoin protocol. Although Mike has been at the center of a lot of controversy in the Bitcoin world over the last couple of years, it seems that he has actually only worked on his own projects, as far as I can see. It's hard to tell if he influenced the work of others or not, though.
You'll notice I placed a fairly low bar. And Hearn easily cleared it. Years is a long time to continue the same argument. https://bitcointalk.org/index.php?topic=157141.80lolwut? |
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BlindMayorBitcorn
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Activity: 1260
Merit: 1115
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November 21, 2015, 12:35:39 AM |
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Drole  |
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JayJuanGee
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Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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November 21, 2015, 12:50:35 AM |
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Has it been confirmed that the next 24 hours are critical??  It has been confirmed, with all the hype in the news and the recent European sanctions going on it is that 24~hour go-time. More and more it is looking bleak for bitcoin to make a positive stride in the right direction in people's eyes these days. Does that mean that either bitcoin is dead (in the long run) or that prices will be going down (in the short run)? |
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Cconvert2G36
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November 21, 2015, 12:58:30 AM |
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lolwut?
Was that just a declarative? Yeah, Hearn ragequit out of frustration with stasis on this issue, first by trying the XT gambit, then bailing when that didn't work. Everybody wants to just shit on him now, but I've appreciated his input, in code and ideas. You don't have to agree with him to show a little respect for the time and effort he put into the project. |
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abercrombie
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Activity: 1159
Merit: 1001
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November 21, 2015, 12:59:38 AM |
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Conclusions of the Council of the EU and of the Member States meeting within the Council on Counter-Terrorism"in order to enhance the effectiveness and efficiency of the fight against money laundering and terrorist financing in conformity with Financial Action Task Force (FATF) recommendations, to strengthen controls of non-banking payment methods such as electronic/anonymous payments, money remittances, cash-carriers, virtual currencies, transfers of gold or precious metals and pre-paid cards in line with the risk they present and to curb more effectively the illicit trade in cultural goods"
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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November 21, 2015, 01:01:12 AM |
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I'm not mature enough to face my cluelessness like an adult, so that I could accept the generous tutelage of my betters and start to overcome my crippling stupidity, perhaps to even begin repairing some of the devastating damage that I've caused.
I bought at the top of the bubble, at EXACTLY the top, $1,200. Imagine? Accepting such momentous idiocy is more than my [already feeble] mind could bear, so I snapped.
Now I insult the only person on this forum who tries to educate me, instead of simply exploiting my inane retardedness and stealing my money.
Not the apology I was hoping for, but sure explains a few things...  Initially, I thought that your post was funny, when I initially assumed that you were quoting my previous post.... instead, i realized that you were merely engaging in additional child's play. hopefully, you are receiving decent pay for your attempts at creative immaturity, but in any event, at least you have mom to pay for electricity and cook food for you, and at least you have a computer and a basement, which is more than some people can say for themselves. |
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 21, 2015, 01:02:28 AM |
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xyzzy099
Legendary
Online
Activity: 1062
Merit: 1041
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November 21, 2015, 01:07:38 AM |
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lolwut?
Was that just a declarative? Yeah, Hearn ragequit out of frustration with stasis on this issue, first by trying the XT gambit, then bailing when that didn't work. Everybody wants to just shit on him now, but I've appreciated his input, in code and ideas. You don't have to agree with him to show a little respect for the time and effort he put into the project. lolwut? |
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Cconvert2G36
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November 21, 2015, 01:08:40 AM |
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Conclusions of the Council of the EU and of the Member States meeting within the Council on Counter-Terrorism"in order to enhance the effectiveness and efficiency of the fight against money laundering and terrorist financing in conformity with Financial Action Task Force (FATF) recommendations, to strengthen controls of non-banking payment methods such as electronic/anonymous payments, money remittances, cash-carriers, virtual currencies, transfers of gold or precious metals and pre-paid cards in line with the risk they present and to curb more effectively the illicit trade in cultural goods" b) is committed to ensure a swift and effective freezing of terrorist assets throughout the Union, whether through autonomous EU decisions or in compliance with UN Security Council Resolutions. An ominous or silly statement. Why don't they just swiftly and effectively arrest all the terrorists while they're at it? |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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November 21, 2015, 01:09:20 AM |
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319 . oh look someone is "killing" bitcoin Is bitcoin price supposed to do that? Are we still rallying in a rally? yes. yes. Maybe there is a short-term question about whether the price is going to test $310 again or even go down to test $300...? It appears to be heading up at the moment, on fairly decent volume levels---- but we see no major dumps recently, like 500 BTC or 1k dumps. We cannot expect any answer from a whale, so speculate..... In the next 8 hours, I give it about a 65% chance to go up to $329 and about a 25% chance to go down to $314... Bitcoin has been faking us out all day. I am not sure if it is worthy of a revised prediction... or just to stick with my earlier ballpark numbers? |
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nioc
Legendary
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Activity: 1624
Merit: 1008
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November 21, 2015, 01:10:35 AM |
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It seems that BTH is not working properly. |
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Cconvert2G36
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November 21, 2015, 01:10:49 AM |
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lolwut?
Was that just a declarative? Yeah, Hearn ragequit out of frustration with stasis on this issue, first by trying the XT gambit, then bailing when that didn't work. Everybody wants to just shit on him now, but I've appreciated his input, in code and ideas. You don't have to agree with him to show a little respect for the time and effort he put into the project. lolwut? BFL Customer? |
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