JayJuanGee
Legendary
 Online
Activity: 3710
Merit: 10240
Self-Custody is a right. Say no to"Non-custodial"
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November 14, 2017, 06:57:35 PM
Last edit: November 14, 2017, 07:13:28 PM by JayJuanGee |
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Maybe the odds for breaking upwards rather than downwards have shifted from about 53%, which would have been yesterday's assessment to about 56%, at the moment? Am I missing something?
56.75% as of latest. (Trying to keep a serious face. I can hold it as long as I please.) I don't mind a bit more bullish assessment, but your assertion is OUTRAGOEOUS. (so much that I cannot even spell it.) and I think that you are just making shit up, just to tease and to cause us more bullish than reasonable.... You nasty rascal! My serious face was seriously compromised. Uh. OK, again. Last estimates rise to 56.83%! Hahahaha.. A sign of a seasoned negotiator.. stake harder...   |
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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fluidjax
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November 14, 2017, 07:02:02 PM |
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I think what you mean is that the people indirectly dictate the rules, including of course the people who run nodes. Which is exactly what I said.
The point I'm making is that the influence of a non-mining node by itself is zero. Consider:
A. You have 100 mining nodes. If you unplug 99 of them, you objectively have less ability to influence / enforce the rule set.
B. You have 100 raspberry-pi (non mining) nodes. If you unplug 99 of them, your ability to influence / enforce the rule set is unchanged.
If you understand PoW, the truth of this should be very obvious.
Yes, I agree if you arbitrarily split the person from the node, but Bitcoin is a complex system, a node is an expression of your choice of rules, the human is inextricably linked into the system, and splitting the tech from the human is sort of pointless. Its like having the president of the USA but nobody listens to him. Trump is barking out orders with perfect legal authority, but every person in the US decides to ignore him. You could stick to the rules and say Trump is in charge, but we can all see the truth. |
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sms301
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November 14, 2017, 07:23:20 PM |
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Since Bitcoin jumped to $7800, and now it's back around $6500. Do you guys think it's a good entry point to buy some BTC now? I'm talking about from investing point of view. Trading is a different story I know that.
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JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10240
Self-Custody is a right. Say no to"Non-custodial"
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November 14, 2017, 07:32:21 PM |
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Since Bitcoin jumped to $7800, and now it's back around $6500. Do you guys think it's a good entry point to buy some BTC now? I'm talking about from investing point of view. Trading is a different story I know that.
Yep. If you don't have any bitcoins now, then buy some. If BTC prices go down, then buy some more. That is be called: "investing into bitcoin" from "an investing point of view." |
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fabiorem
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November 14, 2017, 07:42:11 PM |
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Since Bitcoin jumped to $7800, and now it's back around $6500. Do you guys think it's a good entry point to buy some BTC now? I'm talking about from investing point of view. Trading is a different story I know that.
Leave some fiat prepared for the weekend. It dropped to the 5000's last time. The floor is actually $6000 but it can drop a bit lower due to the fork war. |
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BTCMILLIONAIRE
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November 14, 2017, 07:47:51 PM |
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Since Bitcoin jumped to $7800, and now it's back around $6500. Do you guys think it's a good entry point to buy some BTC now? I'm talking about from investing point of view. Trading is a different story I know that.
Leave some fiat prepared for the weekend. It dropped to the 5000's last time. The floor is actually $6000 but it can drop a bit lower due to the fork war. The only thing I can think of is tiny people trying to kill themselves with tiny people forks. |
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jojo69
Legendary
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Activity: 3164
Merit: 4345
diamond-handed zealot
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November 14, 2017, 07:49:46 PM |
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Maybe the odds for breaking upwards rather than downwards have shifted from about 53%, which would have been yesterday's assessment to about 56%, at the moment? Am I missing something?
56.75% as of latest. (Trying to keep a serious face. I can hold it as long as I please.)  |
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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November 14, 2017, 07:59:40 PM |
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... I don't really need more coins, at the moment.
Am I missing something?
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JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10240
Self-Custody is a right. Say no to"Non-custodial"
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November 14, 2017, 08:03:30 PM |
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Since Bitcoin jumped to $7800, and now it's back around $6500. Do you guys think it's a good entry point to buy some BTC now? I'm talking about from investing point of view. Trading is a different story I know that.
Leave some fiat prepared for the weekend. It dropped to the 5000's last time. The floor is actually $6000 but it can drop a bit lower due to the fork war. Yeah... GREAT idea..... Alternatively, to actually investing into BTC, as I suggested in my earlier post to buy some BTC now and buy more when the price goes down is to employ the strategy of investing into bitcoin by "waiting" for a further dip, when we have already had a decent dip. That should work pretty well, in theory.  And, of course, we know that if BTC prices dipped last weekend, of course they are going to dip again this weekend, because both are weekends and bitcoin follows a dip on the weekends schedule.. and that is why all of us HODLers are RICH because we waited to buy on the weekend. |
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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November 14, 2017, 08:08:47 PM |
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I am witnessing this censorship.
As much as I disagree with them, deleting posts is cowardly and shameful.
Let us confront their ideas in a free and open forum, selective deletion only strengthens their claims, a corollary of the Streisand effect, foolish and counterproductive.
It may be hard to get to the bottom of this. We don't yet know if any censorship occurred. Peter R would have been sent a message about the removal of his post. If there is any proof, please let's see it. Otherwise it must be construed as further dishonesty. |
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pfrtlpfmpf
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November 14, 2017, 08:13:53 PM |
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Yeah, i forgot that, 2017 was a good year, we had about xtimes bitcoin !
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jojo69
Legendary
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Activity: 3164
Merit: 4345
diamond-handed zealot
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November 14, 2017, 08:16:22 PM |
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I am witnessing this censorship.
As much as I disagree with them, deleting posts is cowardly and shameful.
Let us confront their ideas in a free and open forum, selective deletion only strengthens their claims, a corollary of the Streisand effect, foolish and counterproductive.
It may be hard to get to the bottom of this. We don't yet know if any censorship occurred. Peter R would have been sent a message about the removal of his post. If there is any proof, please let's see it. Otherwise it must be construed as further dishonesty. I saw posts that were gone on refresh, I suppose it is possible that they were deleted by the author. Peter R I don't really know, I just don't see jbrher stooping to that level. |
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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November 14, 2017, 08:22:49 PM |
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I am witnessing this censorship.
As much as I disagree with them, deleting posts is cowardly and shameful.
Let us confront their ideas in a free and open forum, selective deletion only strengthens their claims, a corollary of the Streisand effect, foolish and counterproductive.
It may be hard to get to the bottom of this. We don't yet know if any censorship occurred. Peter R would have been sent a message about the removal of his post. If there is any proof, please let's see it. Otherwise it must be construed as further dishonesty. I saw posts that were gone on refresh, I suppose it is possible that they were deleted by the author. Peter R I don't really know, I just don't see jbrher stooping to that level. Yogi follows the centralized chain. He is as bad as any of them. |
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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November 14, 2017, 08:29:52 PM
Last edit: November 14, 2017, 08:59:57 PM by Last of the V8s |
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I saw posts that were gone on refresh, I suppose it is possible that they were deleted by the author. Peter R I don't really know, I just don't see jbrher stooping to that level.
there's no suggestion that jay-bear was censored edit to add: checked the https://bitcointalk.org/modlog.php for Peter's userid. nothing there. so not a regular mod deletion. maybe it was @inforfront clearing out the sewers for us Peter where's the proof please then we can react. |
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4392
Be a bank
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November 14, 2017, 08:36:25 PM |
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All this bickering is tiresome.
Can we just go back to posting memes ? Don't make me bust out Photoshop... Got another Carolina idea when the time comes...
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AlcoHoDL
Legendary
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Activity: 2366
Merit: 4181
Addicted to HoDLing!
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November 14, 2017, 08:41:37 PM |
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All this bickering is tiresome.
Can we just go back to posting memes ? Don't make me bust out Photoshop... Got another Carolina idea when the time comes...
I've made some nice Carolinas specifically for WO, reserved strictly for ATH events... Come on BTC! |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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November 14, 2017, 08:42:41 PM |
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Ibian
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Activity: 2268
Merit: 1278
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November 14, 2017, 08:54:54 PM |
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All this bickering is tiresome.
Can we just go back to posting memes ? Don't make me bust out Photoshop... Got another Carolina idea when the time comes...
There are very few things of greater potential global importance than bitcoin. It was never not going to get political. |
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