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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (0.8%)
7/28 - 11 (8.9%)
8/4 - 16 (12.9%)
8/11 - 8 (6.5%)
8/18 - 6 (4.8%)
8/25 - 8 (6.5%)
After August - 74 (59.7%)
Total Voters: 124

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26489997 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
pearnapple
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February 12, 2016, 03:01:31 PM

uhmmm what does that mean that blocks are 0 per cent full??? also i cant wait for the price growth i hope it will happen soon
mainpmf
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February 12, 2016, 03:11:39 PM

uhmmm what does that mean that blocks are 0 per cent full??? also i cant wait for the price growth i hope it will happen soon

Maybe just last block contained no or nearly no tx no?
bargainbin
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February 12, 2016, 03:15:50 PM

uhmmm what does that mean that blocks are 0 per cent full??? also i cant wait for the price growth i hope it will happen soon

Just what it looks like: an empty block. Miners aren't obligated to include any transactions. Not a bug, it's a feature. The invisible hand will take care of everything  Smiley
http://bitcoin.stackexchange.com/questions/11307/why-did-this-empty-transaction-block-get-awarded-25-bitcoins
tomothy
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February 12, 2016, 03:25:32 PM

http://www.riddellwilliams.com/blog/articles/post/hard-fork-conspiracy-treacherous

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The current proposed “hard fork” replacement software seems at first blush to be a reasonable way to solve Bitcoin’s growth issues. However, due to the lack of consensus of applicable Bitcoin network participants, the enactment would create serious legal consequences for the creators of the new replacement software, unless the creators adhere to the rules of MSB registration and compliance.

Bitcoin will now protect itself by using the LAW!   Grin Grin  Decentralised much?  Such anitfragile.

That article is mostly wank.

Quote
There are also numerous state statutes prohibiting computer crimes which could be applied to miners who unilaterally convert bitcoin into a new type of virtual currency. Bitcoin users have a business expectation that their Bitcoin transactions will be processed by miners using the established Bitcoin protocol, and miners should be cautious about interfering with this expectation.

If anyone thinks these statements are true wrt bitcoin, then they need to study it again.

I forgot my coffee at home today. Then I read this article. It has almost made my morning. I still need some coffee.
BlindMayorBitcorn
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February 12, 2016, 03:33:23 PM

Bitcoin Politics & Creative Legal Interpretations (Open Response to Friedberg, Riddell Williams)

yugo23
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February 12, 2016, 03:35:29 PM

uhmmm what does that mean that blocks are 0 per cent full??? also i cant wait for the price growth i hope it will happen soon

Just what it looks like: an empty block. Miners aren't obligated to include any transactions. Not a bug, it's a feature. The invisible hand will take care of everything  Smiley
http://bitcoin.stackexchange.com/questions/11307/why-did-this-empty-transaction-block-get-awarded-25-bitcoins

Thanks for the link. I was absolutely not aware of those facts!
bargainbin
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February 12, 2016, 03:52:02 PM


I like that it leads with catty insinuations...
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I would be interested to know whether Friedberg developed these interpretations while pursuing client work, or if he and his firm are just really into Bitcoin. I have to assume the former, since I am hearing rumors that some of the competing Bitcoin development teams are attempting to use lawyers to stop, or at least chill, the actions of others.
And ends with
Quote
In summary, I believe I have fully refuted all of Friedberg’s perspectives on these matters. It’s sad that the legal world is so behind when it comes to Bitcoin.
In conclusion, I belie I have fully refuted all of Friedberg’s perspectives on these matters, i.e. Libya is a land of contrast. Thank you.
ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


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February 12, 2016, 04:01:19 PM

Coin



Explanation
aztecminer
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February 12, 2016, 04:10:28 PM



comon! #GimpedCoin

BlindMayorBitcorn
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February 12, 2016, 04:31:34 PM


The UN report wasn’t entirely dismissive of the idea that the unbanked might benefit from Bitcoin. They made the good point that being unbanked is more about lack of access to things like credit and insurance. But still...
BitUsher
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February 12, 2016, 04:43:41 PM

Another key piece of the Puzzle for Payment channels and Lightning network merged today = BIP 68  (sequence-locks)

https://github.com/bitcoin/bips/blob/master/bip-0068.mediawiki

On track for Greater capacity ... bullish!
alesx.onfire
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February 12, 2016, 04:45:05 PM

height 238440 doesn't exist now
ChartBuddy
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February 12, 2016, 05:01:21 PM

Coin



Explanation
billyjoeallen
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Hide your women


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February 12, 2016, 05:15:03 PM

OK miner cowards, if you don't like Bitcoin Classic, how about a good old fashioned crash?  I think you'll find overhead resistance to a pump may be rather more than you are expecting.
sAt0sHiFanClub
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February 12, 2016, 05:15:11 PM


I like that it leads with catty insinuations...
Quote
I would be interested to know whether Friedberg developed these interpretations while pursuing client work, or if he and his firm are just really into Bitcoin. I have to assume the former, since I am hearing rumors that some of the competing Bitcoin development teams are attempting to use lawyers to stop, or at least chill, the actions of others.
And ends with
Quote
In summary, I believe I have fully refuted all of Friedberg’s perspectives on these matters. It’s sad that the legal world is so behind when it comes to Bitcoin.
In conclusion, I belie I have fully refuted all of Friedberg’s perspectives on these matters, i.e. Libya is a land of contrast. Thank you.

I think you make yourself look mildly silly when trying to 'refute' an article of that nature. It was not meant to stand up to scrutiny, just to look credible for long enough to make an impact.  No point in arguing the specifics of the law - they are probably correct per se.

Its best to just sit back, point to it and laugh uncontrollably.  Preferably into the authors face after a golf classic.
aztecminer
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February 12, 2016, 05:26:57 PM

OK miner cowards, if you don't like Bitcoin Classic, how about a good old fashioned crash?  I think you'll find overhead resistance to a pump may be rather more than you are expecting.


wut ??

nioc
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February 12, 2016, 05:30:11 PM

the vacuum-subtracted von Neumann entropy evaluated on the null boundary of small causal diamonds gives a consistent formulation of holographic gravity
bargainbin
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February 12, 2016, 05:32:57 PM

...
I think you make yourself look mildly silly when trying to 'refute' an article of that nature. It was not meant to stand up to scrutiny, just to look credible for long enough to make an impact.  No point in arguing the specifics of the law - they are probably correct per se.

Its best to just sit back, point to it and laugh uncontrollably.  Preferably into the authors face after a golf classic.

Yeah, but that's what's cool about Bitcoin: If some guy, apropos of nothing, blogs about being a little teapot, short and stout, he'll be:
Accused of being a statist shill/asked "who is paying you"/chastised for being unhep to the disruptive technology that is Our Bitcoin/told that blogchain technology will make teapots obsolete.

OK miner cowards, if you don't like Bitcoin Classic, how about a good old fashioned crash?  I think you'll find overhead resistance to a pump may be rather more than you are expecting.
I think they're all partying, Chinese Kwanzaa...
Dotto
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February 12, 2016, 05:33:06 PM

A major economic crash/disruption is on the air. Eurostocks falling like plumb tubes, Italy ready to launch the next global crisis, ETH bubbling, Russia menacing with WWIII. All the pieces are set up to start the game.
bitebits
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February 12, 2016, 05:42:54 PM

OK miner cowards, if you don't like Bitcoin Classic, how about a good old fashioned crash?  I think you'll find overhead resistance to a pump may be rather more than you are expecting.

Short again? Don't try to catch a rising moontm.
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