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Question: Closing BTC Price June 28:
$0 - 0 (0%)
<$7,000 - 0 (0%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 0 (0%)
$8,500-$8,999 - 0 (0%)
$9,000-$9,499 - 0 (0%)
$9,500-$9,999 - 0 (0%)
$10,000-$10,499 - 0 (0%)
$10,500-10,999 - 0 (0%)
$11,000-$11,499 - 0 (0%)
$11,500-$12,000 - 0 (0%)
>$12,000 - 0 (0%)
>$20,000 - 0 (0%)
Total Voters: 0

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21229998 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. (66 posts by 16 users deleted.)
suchmoon
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March 21, 2018, 11:59:02 PM
Merited by BobLawblaw (3)

EDIT: Goddamn you, suchmoon...

It was an accident, I swear, I tripped and fell on the merit button.
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Rosewater Foundation
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March 22, 2018, 12:06:52 AM
Merited by cAPSLOCK (1), bones261 (1)

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable.  

TBH, I'm a merit source, and down to my last 3 sendable sMerits, at the moment :| (No - DO NOT MERIT THIS POST YOU SILLY GOOSES !)

... and Theymos expects me to venture out of this thread ?!

I'm trying to top off other posters from time to time when I notice they are running low as well.

Too much quality here, folks.

EDIT: Goddamn you, suchmoon...

There are a few meritorious posts out there.
https://bitcointalk.org/index.php?topic=3174746.0
But you really have to go looking for them. And who wants to do that?

Edit:
Quote
At the height of China's command over the Bitcoin market a couple or more years ago the number of full nodes there regularly fell below 100.

I've just had a look and the number of full nodes has gone up hugely in the last few months to over 2000 now, in fact it's added over 1000 in the last month alone.

https://bitnodes.earn.com/dashboard/?days=730

Can anyone in the know tell me why this has happened?
bones261
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March 22, 2018, 12:11:06 AM
Merited by edgar (1)

V8 please reduce your output of quality content.  I have merited you excessively and it’s just not sustainable.  

TBH, I'm a merit source, and down to my last 3 sendable sMerits, at the moment :| (No - DO NOT MERIT THIS POST YOU SILLY GOOSES !)

... and Theymos expects me to venture out of this thread ?!

I'm trying to top off other posters from time to time when I notice they are running low as well.

Too much quality here, folks.

EDIT: Goddamn you, suchmoon...

I still have 106 smerits from the initial disbursement in addition to to a few more from my recently acquired "duty." I guess that I have been way too stingy. It's really hard branching out. Quite frankly, I'm not finding much to merit.  Embarrassed Oh well, at least people don't seem to like my posts much. So I am not acquiring many smerits on top of everything else. I should be able to bring this down to a balance of zero by year end.


There are a few meritorious posts out there.
https://bitcointalk.org/index.php?topic=3174746.0
But you really have to go looking for them. And who wants to do that?


Thanks for the tip off.  Grin
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March 22, 2018, 12:13:25 AM

And then cleanse the town with fire...

Elwar
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March 22, 2018, 12:14:01 AM
Merited by Rosewater Foundation (1)

Probably should ask in Dev but you folks are hip to the latest things...

Is there a way to automatically forward from an address you control to another address? Like some perpetual address locking mechanism?


I'm looking at Rootstock.

The way it works (as far as I can tell right now) is that you send from your wallet to a designated Rootstock controlled Bitcoin address.

At that point the bitcoins are locked and the same amount of Smartcoins are released on the Rootstock network back to the address of the wallet you sent from (again, I have no idea if this is reality). So now you have control of your Rootstock smartcoins because you know the private key of the originating address.

You can do all of your smartcoin stuff, then when you want them back in bitcoins you send to a designated Rootstock exit address and coins are released to an address you sent from on Rootstock (maybe that's how it works?).

I was wondering if there would be a way to send from one address to another on the Bitcoin network but have it go through Rootstock, do some filtering or whatever and come back without needing to run wallet software to move it along.
Last of the V8s
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March 22, 2018, 12:20:38 AM


did not know that tbh
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March 22, 2018, 12:24:55 AM


did not know that tbh

TIL thanks for the tip off
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March 22, 2018, 12:29:17 AM

SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions.

SHA-256 is used in several different parts of the Bitcoin network:

Mining uses SHA-256 as the Proof of work algorithm.
SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.
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March 22, 2018, 12:32:39 AM

Another pearl from the Dev section:

nLockTime is specific to the subject transaction. This means if you sign a transaction with an nLockTime, that transaction cannot confirm in a block prior to that constraint.

OP_CHECKLOCKTIMEVERIFY on the other hand, restrict outputs of a transaction from being spent prior to a certain constraint. There are very different use cases for OP_CHECKLOCKTIMEVERIFY than for nLockTime. If a customer is withdrawing funds from a service, there is no real reason why the service would want to restrict the customer from spending their withdrawal anything other than immediately.

As mentioned above, OP_CHECKLOCKTIMEVERIFY will be used with LN and other similar payment channels. It is likely that OP_CHECKLOCKTIMEVERIFY was soft-forked into Bitcoin with LN/payments channels in mind.
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March 22, 2018, 12:33:19 AM

SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions.

SHA-256 is used in several different parts of the Bitcoin network:

Mining uses SHA-256 as the Proof of work algorithm.
SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.
How dare you contradict?
Satoshi knows better for sure.
 Roll Eyes
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It's over 9000!


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March 22, 2018, 12:45:13 AM
Last edit: March 22, 2018, 12:55:44 AM by xhomerx10
Merited by Last of the V8s (1)

SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions.

SHA-256 is used in several different parts of the Bitcoin network:

Mining uses SHA-256 as the Proof of work algorithm.
SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.

 Yeah and without ECDSA they're pretty tough to spend.  Seems like crypto currencies need cryptography to function.  Anyone know what Satoshi-1 was driving at?


edit: major correction of the meaning of Satoshi
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March 22, 2018, 01:00:25 AM

Another pearl from the Dev section:

nLockTime is specific to the subject transaction. This means if you sign a transaction with an nLockTime, that transaction cannot confirm in a block prior to that constraint.

OP_CHECKLOCKTIMEVERIFY on the other hand, restrict outputs of a transaction from being spent prior to a certain constraint. There are very different use cases for OP_CHECKLOCKTIMEVERIFY than for nLockTime. If a customer is withdrawing funds from a service, there is no real reason why the service would want to restrict the customer from spending their withdrawal anything other than immediately.

As mentioned above, OP_CHECKLOCKTIMEVERIFY will be used with LN and other similar payment channels. It is likely that OP_CHECKLOCKTIMEVERIFY was soft-forked into Bitcoin with LN/payments channels in mind.
Panthers52=Quickseller=MasterP should know a thing or two about escrow and how to screw with it.
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March 22, 2018, 01:02:21 AM

I see you have a list, too.
bitserve
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March 22, 2018, 01:02:41 AM
Merited by xhomerx10 (1)

SHA-2 (Secure Hash Algorithm 2) is a set of cryptographic hash functions.

SHA-256 is used in several different parts of the Bitcoin network:

Mining uses SHA-256 as the Proof of work algorithm.
SHA-256 is used in the creation of bitcoin addresses to improve security and privacy.

 Yeah and without ECDSA they're pretty tough to spend.  Seems like crypto currencies need cryptography to function.  Anyone know what Satoshi was driving at?




He is probably (intentionally) confusing cryptography with encryption or cipher which is main commonly accepted meaning/function of cryptography. In so, he is also implying there no "secret" message/information hidden and being transmitted in crypto currencies. I beg to differ even in that case as, for example, a signed hash could be considered some way of transmit a "secret" information being the information/message "contained" the confirmation/proof of control of the private key... without exposing it (that is, remaining secret).

Anyways it is just a silly play with wording that only serves to confirm the attention whore and drama addict he is.
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March 22, 2018, 01:08:46 AM

Hasn't mentioned precious metals or joos in the latest 4 posts.

Do we need some mentions?

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March 22, 2018, 01:13:06 AM
Merited by xhomerx10 (1), Last of the V8s (1)


did not know that tbh

... it's a bit more nuanced than that. As others note cryptographic primitives like SHA-256, RIPMED-160 hash functions and also digital signing using secp256k1 ECDSA derived cryptographic keys are the essential building blocks of bitcoin.

What he's ham-fistedly trying to say is that there is no 'encryption' used in bitcoin, to the effect of being too cute for his own good. However, Bitcoin Core wallet bitcoin-qt does use a wallet encryption layer, PKI for BIP 70, SSL for for RPC calls and Tor is enabled by default for peer-to-peer connections when it is available. Find me one wallet that isn't using 'encryption' of some sort. It's an empty, bullshitting statement to say cryptocurrencies do not use cryptography. Guy is a tool.
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March 22, 2018, 01:13:43 AM



 recycled from an earlier soullyG post
Last of the V8s
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March 22, 2018, 01:18:10 AM
Merited by edgar (1)

I see you have a list, too.
I do like a good list.
Here is last night's top 10 banned words on Weibo:
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March 22, 2018, 01:23:30 AM

If they can't say 'orgy' how do they talk about all the group sex they have?
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March 22, 2018, 01:25:55 AM

If they can't say 'orgy' how do they talk about all the group sex they have?
I'd still say 'enthusiastically', but yes, 'surreptitiously'.
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