Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[VB1001]

^
Excuse me, I thought I was doing something wrong.

[Last of the V8s]

^just thought you'd be interested
~
~
https://gobitcoin.io/tools/cost-51-attack/ $7,076,517,081
shitcoins: https://thenextweb.com/hardfork/2018/05/30/heres-how-much-it-costs-to-launch-a-51-attack-on-pow-cryptocurrencies/ sixpence ha'penny


edit heres one with a lightning tip bot...
https://www.crypto51.app/

[VB1001]

^
Yes, for me the shitcoins can disappear.

Cemetery of shitcoins:

https://deadcoins.com/


Goodnight WO's

[bitcoincidence]

There once lived a bitcoin in Brasse
then Ver pulled Bcash out of it's ass
now Bcash is two
and no one knows who's who
but bitcoin will always have class

There once lived a bitcoin in Brasse
then Ver pulled BCash from his ass

... flows a bit better IMO.

There once lived a bitcoin in Brasse
whom BCash was pulled from his ass
now Bcash is two
and no one knows who's who
but bitcoin will always have class

maybe even better?
But no Ver anymore...but there are aeons of time and poems left to defame Ver  

[El duderino_]

via Imgflip Meme Generator

[El duderino_]

via Imgflip Meme Generator

[bitcoincidence]

via Imgflip Meme Generator

I sometimes trade BTC for other coins because they know how to party.
But i always return in Bitcoin's bed (sometimes broke and with a headache).

[El duderino_]

via Imgflip Meme Generator

Don’t be fools and BUY @2019
Don’t ADD anymore years as many n00bs do

Into HODLsleep as well

Goodnight WO’s

#HODL

[kurious]

^just thought you'd be interested
~
~
https://gobitcoin.io/tools/cost-51-attack/ $7,076,517,081
shitcoins: https://thenextweb.com/hardfork/2018/05/30/heres-how-much-it-costs-to-launch-a-51-attack-on-pow-cryptocurrencies/ sixpence ha'penny

Well NiceHash attacks could well (should, even?) increase. It might not be too pretty, either - especially as it's POW coins that will take the brunt of it.  

OK, I was wondering how shitcoins might be pruned as, in a Darwinian way, it seems sort of inevitable when there are obviously way too many with no real use case, or any likely long-term value.  But the minimal money to wreck some fairly big name coins, rattles me a tad. It will not exactly be good news if it is widely perceived that POW itself is not safe.

I know BTC is a way bigger deal to attack and almost impossible, but...

EDIT: typos

[bitcoincidence]

^just thought you'd be interested
~
~
https://gobitcoin.io/tools/cost-51-attack/ $7,076,517,081
shitcoins: https://thenextweb.com/hardfork/2018/05/30/heres-how-much-it-costs-to-launch-a-51-attack-on-pow-cryptocurrencies/ sixpence ha'penny

Well NiceHash attacks could well (should, even?) increase. It might not be too pretty, either - especially as it's POW coins that will take the brunt of it.  

OK, I was wondering how shitcoins might be pruned as, in a Darwinian way it seems sort of inevitable when there are obviously way too many with no real use case, or any likely long-term value.  But the minimal money to wreck some fairly big name coins, rattles me a tad. It will not exactly be good news if it is widely perceived that POW itself is not safe.

I know BTC is a way bigger deal to attack and almost impossible, but...

EDIT: typos

Andreas Antonopoulos - 51% Bitcoin Attack
https://www.youtube.com/watch?v=ncPyMUfNyVM

[gentlemand]

Well NiceHash attacks could well (should, even?) increase. It might not be too pretty, either - especially as it's POW coins that will take the brunt of it. 

OK, I was wondering how shitcoins might be pruned, as is in a Darwinian way it seems sort of inevitable when there are obviously way too many with no real use case, or any likely long-term value.  But the minimal money to wreck some fairly big name coins, rattles me a tad. It will not exactly be good news if it is widely received that POW itself is not safe.

I know BTC is a way bigger deal to attack and almost impossible, but...

I wonder if there's anything in Nicehash's terms about using their equipment for nefarious ends.

If you go after BTC you're going to get a ton of idle mining thrown at you rather like the end of Ready Player One plus killing a shitcoin means nothing. Attacking the foundation of it all would be very suicidal/ballsy.

[jojo69]

I would never use a wallet that has the potential to jump an air gap.

fucking BINGO

[kurious]

Well NiceHash attacks could well (should, even?) increase. It might not be too pretty, either - especially as it's POW coins that will take the brunt of it.  

OK, I was wondering how shitcoins might be pruned, as is in a Darwinian way it seems sort of inevitable when there are obviously way too many with no real use case, or any likely long-term value.  But the minimal money to wreck some fairly big name coins, rattles me a tad. It will not exactly be good news if it is widely received that POW itself is not safe.

I know BTC is a way bigger deal to attack and almost impossible, but...

I wonder if there's anything in Nicehash's terms about using their equipment for nefarious ends.

If you go after BTC you're going to get a ton of idle mining thrown at you rather like the end of Ready Player One plus killing a shitcoin means nothing. Attacking the foundation of it all would be very suicidal/ballsy.

In all honesty, I hope I am over-reacting.  NiceHash can't rent you enough for 51% on most coins (and certainly not BTC) and an hour wouldn't work, i would need to be sutained.  So it could just be the smaller shitcoins unable to respond (and lacking nodes) that are vulnerable...  Bigger coins can presumably rent or mobilse fan-hash to defend themselves, or adapt POW algos, too.

But big coins need to not fail - you can imagine the media scrum and the wailing and gnashing of teeth on the wires of the scammed.

[gentlemand]

But big coins need to not fail - you can imagine the media scrum and the wailing and gnashing of teeth on the wires of the scammed.

If it's possible and there's money to be made, or grudges or perversions to be serviced, then someone somewhere will do it.

[kurious]

But big coins need to not fail - you can imagine the media scrum and the wailing and gnashing of teeth on the wires of the scammed.

If it's possible and there's money to be made, or grudges or perversions to be serviced, then someone somewhere will do it.

Yep, almost certainly.  The 'short and attack' might work profitably on rumour alone.

[Last of the V8s]

Terminate them all with extreme prejudice.
Please and thank you.

[jojo69]

fucking hell

it's like a merit bukkake in here

[kurious]

Terminate them all with extreme prejudice.
Please and thank you.

I think a cull is needed to pull resources towards the best projects, but that a gradual extermination of minor coins and a slower death for middling ones would be better than a general sudden carnage.

Too many pissy, crap coins is obviously an issue, but a feeding frenzy of bad, large rogue actors getting richer and bigger in a slaughter-fest might not be pretty.  

Or maybe I just need my medicine.  Nurse...?

[kurious]

^just thought you'd be interested
~
~
https://gobitcoin.io/tools/cost-51-attack/ $7,076,517,081
shitcoins: https://thenextweb.com/hardfork/2018/05/30/heres-how-much-it-costs-to-launch-a-51-attack-on-pow-cryptocurrencies/ sixpence ha'penny

Well NiceHash attacks could well (should, even?) increase. It might not be too pretty, either - especially as it's POW coins that will take the brunt of it.  

OK, I was wondering how shitcoins might be pruned as, in a Darwinian way, it seems sort of inevitable when there are obviously way too many with no real use case, or any likely long-term value.  But the minimal money to wreck some fairly big name coins, rattles me a tad. It will not exactly be good news if it is widely perceived that POW itself is not safe.

I know BTC is a way bigger deal to attack and almost impossible, but...

EDIT: typos

Yeah, a 51% attack is already feared so much in the community, if random coins keep falling and makes big news plenty of fools will think the entire POW system is easily attacked including Bitcoin.

I'd certainly prefer it if it was tokens, POS coins etc. under threat.  But hopefully it will end up with stronger POW ('that which does not kill me...' so to speak) and NOT certain token systems basking smugly in the sunshine as V8 noted.

[dogebearman]

via Imgflip Meme Generator

Don’t be fools and BUY @2019
Don’t ADD anymore years as many n00bs do

Into HODLsleep as well

Goodnight WO’s

#HODL

Don't buy Bitcoin: https://www.youtube.com/watch?v=XbZ8zDpX2Mg