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Question: Sept. 21 Closing Price:
$0 - 3 (3.8%)
<$8,000 - 4 (5%)
$8,000-$8,500 - 1 (1.3%)
$8,500-$9,000 - 1 (1.3%)
$9,000-$9,500 - 2 (2.5%)
$9,500-$10,000 - 5 (6.3%)
$10,000-$10,500 - 15 (18.8%)
$10,500-$11,000 - 15 (18.8%)
$11,000-$11,500 - 17 (21.3%)
$11,500-$12,000 - 5 (6.3%)
>$12,000 - 7 (8.8%)
>$20,000 - 5 (6.3%)
Total Voters: 80

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21366638 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. (106 posts by 21 users deleted.)
TERA2
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March 12, 2018, 11:46:21 AM

You can brute force Powerball with a pen and paper.  That’s what the population is doing every week.
But there is a high cost for each guess.
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HairyMaclairy
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March 12, 2018, 11:57:21 AM

Indeed.  Now I need to go away and think about what that might mean in crypto.  What if miners had to pay a fee to mine but that was their entry ticket to a prize pool?  What does that mean in game theory terms?
savetherainforest
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Plant 1xTree for each Satoshi earned!


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March 12, 2018, 12:11:59 PM

I had not seen that before.  Thank you.

It would be helpful to get the original Japanese and have a second opinion from a native speaker as to the meaning of the bolded words.  
...
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This is his site so he might hear you Wink


Satoshi does not want to have anything to do with us or anyone for that matter. He/she is just probably chill in some semi-tropical place like Azerbaijan, South Korea or Chile, with a drink in his/her hand, with his/her family by his/her side. Smiley
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March 12, 2018, 12:25:44 PM

You can brute force Powerball with a pen and paper.  That’s what the population is doing every week.
But there is a high cost for each guess.
And the reward distribution system is a mess, they tell me.
Last of the V8s
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March 12, 2018, 12:54:32 PM

https://www.deribit.com/main#/futures?tab=BTC-30MAR18
Think I saw this before then forgot. It is tiny. Any one used it or know the people?
Deribit: The Futures And Option Exchange For Cryptocurrencies
Deribit is live since June 2016 after several years of development. John Jansen, the original founder teamed up with Marius Jansen, Sebastian Smyczýnski and Andrew Yanovsky. Deribit started as a Bitcoin Futures and Options trading platform going live in the summer of 2016. We run our daily office from Amsterdam (The Netherlands).
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March 12, 2018, 12:56:22 PM

Looks like a promising start of the week for BTCitcoin  Cool
Asrael999
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March 12, 2018, 01:08:52 PM

Indeed.  Now I need to go away and think about what that might mean in crypto.  What if miners had to pay a fee to mine but that was their entry ticket to a prize pool?  What does that mean in game theory terms?
Miners do pay a fee to mine, hardware cost and electricity cost.
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March 12, 2018, 01:09:29 PM

Hardware is paid once up front, not per guess, and electricity is free in certain places.
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March 12, 2018, 01:16:02 PM

Nice to open Cryptomap on a bull day!

https://coin360.io/
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March 12, 2018, 01:24:47 PM

Sell Bitcoin, Buy FUD and really cheap fear porn: https://www.express.co.uk/finance/city/930439/Bitcoin-price-USD-news-value-buy-today-ripple-cryptocurrency
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March 12, 2018, 01:31:13 PM


@manwithnoname49 5m5 minutes ago

Hold strong guys!
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March 12, 2018, 01:45:02 PM

Gotta be honest, those 3 recent bull flags look fake as hell. I wouldn't be shocked to see another dip sometime later.

Won't change my strategy though. Buy and hodl!
BobLawblaw
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March 12, 2018, 01:50:56 PM
Merited by infofront (1)

And just where did I state each and every person that shoots guns might be into Cat Scratch Fever? (I can make leaps too)

See. There you go. Completely shoving a Kong Dong of Dilation +4 into jb's anus over his warped views.

I knew I did well ignoring them.

Let me summarize in meme format.

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March 12, 2018, 02:05:41 PM

Hardware is paid once up front, not per guess, and electricity is free in certain places.

Even in places like China where electricity is extremely cheap, miners often have to sign 6-12 month power contracts in advance.
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March 12, 2018, 02:08:18 PM

Asrael999
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March 12, 2018, 02:11:01 PM

Hardware is paid once up front, not per guess, and electricity is free in certain places.
I don't really see that as different to buying say 10,000 scratch cards in one go. The major difference is that your scratch card's odds of winning don't change (mainly for the worse) every 2016 guesses.
jojo69
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March 12, 2018, 02:16:39 PM
Last edit: March 12, 2018, 02:44:51 PM by jojo69

Don't feel too guilty. Our rektonings will come.


that...

that is brilliant
BobLawblaw
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March 12, 2018, 02:28:31 PM

AND DOWN SHE GOES.

Sheeit.
mike4001
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March 12, 2018, 02:38:33 PM

AND DOWN SHE GOES.

Sheeit.

lol

OK I give up.
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lose: unfind ... loose: untight


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March 12, 2018, 02:42:09 PM

What fixed the transaction backlog btw, did the major exchanges go segwit?

Some seem to think that they slapped the bogeyman Coinbase into shape -- they are now batching the outputs for multiple parties into single transactions.

Segwit tx's in general count for some small portion.

OTOH, the majority could be a simple reduction in demand.
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