itod
Legendary
 Offline
Activity: 1974
Merit: 1077
^ Will code for Bitcoins
|
 |
November 11, 2017, 04:23:37 PM |
|
Im not getting why you people are panicking over shitfork.
Because of this: Bitcoin is the ledger of not-previously-spent, validly signed transactions contained in the chain of blocks that begins with the genesis block (hash 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f), follows the 21-million coin creation schedule, and has the most cumulative double-SHA256-proof-of-work. You can curse him as much as you want, but that CIA employee is right about the definition. Verbal consensus is worth nothing, the only consensus mentioned in the Whitepaper is the consensus which chain has more POW. I'm not saying there is a reason to panic, but this is full-blooded attack on what we consider BTC. They will probably fail (hopefully), but you can't say they are not trying. |
|
|
|
|
|
FractalUniverse
|
|
November 11, 2017, 04:23:57 PM |
|
bones: thanks for correction  so, altcoin controlled de-facto by 2.5 rich people and 2 large mining farms. What a dream nightmare for those poor holders who fell for it |
|
|
|
|
bones261
Legendary
Offline
Activity: 1806
Merit: 1828
|
|
November 11, 2017, 04:29:56 PM |
|
bones: thanks for correction so, altcoin controlled de-facto by 2.5 rich people and 2 large mining farms. What a dream nightmare for those poor holders who fell for it Mining farms likely controlled by Wu, so really 1.5 other rich people.(Or is the .5 wu since he is also controlling the farms?) Let's just let the big blockers have their virtual blow-up doll coin to tinker with. |
|
|
|
|
|
FractalUniverse
|
|
November 11, 2017, 04:35:58 PM |
|
Im not getting why you people are panicking over shitfork.
Because of this: Bitcoin is the ledger of not-previously-spent, validly signed transactions contained in the chain of blocks that begins with the genesis block (hash 000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f), follows the 21-million coin creation schedule, and has the most cumulative double-SHA256-proof-of-work. You can curse him as much as you want, but that CIA employee is right about the definition. Verbal consensus is worth nothing, the only consensus mentioned in the Whitepaper is the consensus which chain has more POW. I'm not saying there is a reason to panic, but this is full-blooded attack on what we consider BTC. They will probably fail (hopefully), but you can't say they are not trying. Im still not worried. Until they want to kill both BTC and their fork (because thats what i think would be the result of killing btc). but in any case, I will not use their private coin operation. I would have to move on to some other alternative. bones:  |
|
|
|
|
Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
|
|
November 11, 2017, 04:38:19 PM |
|
It's been fun Bitcoin... Had to trade you for Bitcoin cash yesterday   Don't you mean for CrocodileTrash? My CrocodileTrash is a side project Keep an eye on the Bitcoincash hash rate Cheers Torque |
|
|
|
|
BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
|
|
November 11, 2017, 04:47:00 PM |
|
There was plenty of time to sell above $7000. I put up this pitchfork previously. Correction was overdue and might be as deep as $5000 to $5300:  Bottom may coincide with 3 day RSI under 50. It turns out that BCH is acting as a hedge for BTC and those who held on to their airdropped BCH are doing well. There is no guarantee BCH price will continue up though. Bitcoin will bottom out and recover. |
|
|
|
|
ivomm
Legendary
Offline
Activity: 1878
Merit: 3023
All good things to those who wait
|
|
November 11, 2017, 04:48:34 PM |
|
|
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
November 11, 2017, 04:54:19 PM |
|
|
|
|
|
|
jojo69
Legendary
Offline
Activity: 3276
Merit: 4514
diamond-handed zealot
|
|
November 11, 2017, 05:00:54 PM |
|
holy cow...Jimbo's gonna be pawning his bass and taking out a loan against next months pension to fish this dip
|
|
|
|
|
podyx
Legendary
Offline
Activity: 2338
Merit: 1035
|
|
November 11, 2017, 05:04:49 PM |
|
How much of the total hasing power(bitcoin+bch) does bitcoin cash have in percentage right now?
|
|
|
|
|
oblox
Legendary
Offline
Activity: 1442
Merit: 1018
|
|
November 11, 2017, 05:06:09 PM |
|
How much of the total hasing power(bitcoin+bch) does bitcoin cash have in percentage right now?
Too lazy to look yourself? |
|
|
|
|
podyx
Legendary
Offline
Activity: 2338
Merit: 1035
|
|
November 11, 2017, 05:08:56 PM |
|
How much of the total hasing power(bitcoin+bch) does bitcoin cash have in percentage right now?
Too lazy to look yourself? I don't know where to look. |
|
|
|
|
|
fabiorem
|
|
November 11, 2017, 05:13:17 PM |
|
Bottom may coincide with 3 day RSI under 50. It turns out that BCH is acting as a hedge for BTC and those who held on to their airdropped BCH are doing well. There is no guarantee BCH price will continue up though. Bitcoin will bottom out and recover.
A good time to sell BCH. |
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
November 11, 2017, 05:13:55 PM |
|
oh Tone now says tether is a scam after all. who knew?
|
|
|
|
|
bones261
Legendary
Offline
Activity: 1806
Merit: 1828
|
|
November 11, 2017, 05:14:25 PM |
|
How much of the total hasing power(bitcoin+bch) does bitcoin cash have in percentage right now?
Too lazy to look yourself? I don't know where to look. This will give you a good idea. https://fork.lol/pow/hashrate |
|
|
|
|
jojo69
Legendary
Offline
Activity: 3276
Merit: 4514
diamond-handed zealot
|
|
November 11, 2017, 05:18:19 PM |
|
LOL!! Just for fun, the approximate total number of SHA256 hashes needed to produce the work: 211709503865364686003240960. Protip: memorize this number to impress your friends and family, they love to hear about it. No joke!  |
|
|
|
|
Hyperjacked
Legendary
Offline
Activity: 1610
Merit: 1119
It's all mathematics...!
|
|
November 11, 2017, 05:20:27 PM |
|
LOL!! Just for fun, the approximate total number of SHA256 hashes needed to produce the work: 211709503865364686003240960. Protip: memorize this number to impress your friends and family, they love to hear about it. No joke! FYI I just told my family and they could care less |
|
|
|
|
Arriemoller
Legendary
Offline
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
|
|
November 11, 2017, 05:26:43 PM |
|
You have to be joking?!? Paste the private key of your BTC stash into some internet site web form? This is insanity if you ask me.
Well, if you have a better answer to his question, please share. Otherwise you are just a whining nay sayer. He had a legitimate concern that was addressed by subsequent posters. The part that was missing, and that should be bolded, is that you create a new wallet and move your coins over before sharing your private key(s). This way you do not risk any BTC. You are absolutely right. But that was not the question. If he was worried about other peoples safety, he could have worded that in a much more pleasant manner. |
|
|
|
|
Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
|
|
November 11, 2017, 05:33:12 PM |
|
|
|
|
|
|
sirazimuth
Legendary
Offline
Activity: 3472
Merit: 3568
born once atheist
|
|
November 11, 2017, 05:35:07 PM |
|
LOL!! Just for fun, the approximate total number of SHA256 hashes needed to produce the work: 211709503865364686003240960. Protip: memorize this number to impress your friends and family, they love to hear about it. No joke! FYI I just told my family and they could care less I myself have long and interesting conversations with all my friends and family discussing at length the intricacies of the SHA256 algorithm and the trillions of hashes involved in the bitcoin blockchain funtioning..... actually... no, I don't... |
|
|
|
|
|
Poll
