nutildah
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Activity: 2968
Merit: 7908
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November 22, 2019, 04:11:52 AM |
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Guys, I've been reading this crazy stuff posted by someone called "Shelby Moore" (whose messages were recently re-posted in the WO thread by user THX 1138), about how all coins held in SegWit addresses will be donated to miners, as they are free-to-spend coins in the legacy (pre-SegWit) blockchain, and only the coins held in legacy addresses will stay intact and belonging to their owners (private key holders).
It is technically possible. Indisputably. Is it likely? Who knows? Then again, we've been discussing this possibility (i.e., sounding this alarm) since before segwit activated. It ain't new knowledge. Well, Shelby's affixing a date to it is more recent. But this vulnerability has been known from the beginning. Will the world end tomorrow? Who knows? It certainly is technically a possibility. Indisputably. This vulnerability has been known since the beginning. It's also a possibility that aliens will visit us and give us the key to everlasting longevity. Idiot. |
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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JSRAW
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Activity: 2142
Merit: 1536
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November 22, 2019, 04:19:47 AM |
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Guys I'm thinking about buying some bitcoin. Should I fire now or wait for a bit of a dip?
Wait... I like old JJG #No homo. what happened to him... |
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jojo69
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Activity: 3150
Merit: 4282
diamond-handed zealot
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Icygreen
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Activity: 1463
Merit: 1135
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November 22, 2019, 04:43:45 AM |
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Tesla unveiled the new cybertruck just now. Some very cool features but absolutely hideous. I really thought it was a joke at first.  |
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somac.
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Activity: 2037
Merit: 1172
Never selling
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November 22, 2019, 05:20:38 AM |
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Tesla unveiled the new cybertruck just now. Some very cool features but absolutely hideous. I really thought it was a joke at first. Damn! you sure that's not a joke? |
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rdbase
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Activity: 2842
Merit: 1499
Join the world-leading crypto sportsbook NOW!
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November 22, 2019, 05:24:49 AM
Last edit: November 22, 2019, 05:58:11 AM by rdbase |
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^^ He did say he was going to be the next ambassador of dogecoins.  With boredom comes a theoretical explanation of things we use everyday.   There are more use cases for the blockchain then you might think! |
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Saint-loup
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Activity: 2590
Merit: 2346
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November 22, 2019, 05:47:25 AM |
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There are more use cases for the blockchain then you might think!  |
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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November 22, 2019, 05:53:46 AM |
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there IS NO ATTACK.
Lauda, this is a gentlemen's club. You need to stop frightening the guests, gather your Alanis Morissette tapes, and leave the premises. |
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VB1001
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Activity: 938
Merit: 2540
<<CypherPunkCat>>
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November 22, 2019, 06:03:09 AM
Last edit: November 22, 2019, 06:29:45 AM by VB1001 |
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Keep calm and this is fine.  avatar-sized  Amazing Hat one of the coolest I have seen, is it a request or just there for occasions (like now for a few days?) Love it Thank you Mr. MicG and it is for everyone any time this is fine.  Very nice this hat, excellent, for these times. -------------------------------------------------------------------------------------------------------------------------------- I made a sketch for the tenth anniversary, but the design is not my thing, it is a retro finish (with filters). The hat could be for the anniversary of bitcointalk or for theymos  the logo is that of the forum. Excuse me xhomerx10, for wearing one of your hats for this, I just want to see if I wake up your motivation in the last minutes.  edit: I have not resisted the temptation, I have published it in the contest : https://bitcointalk.org/index.php?topic=5193860.msg53144644#msg53144644 |
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vroom
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Activity: 1302
Merit: 1681
a Cray can run an endless loop in under 4 hours
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November 22, 2019, 06:34:30 AM |
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who was talking about miner capitulation?  |
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eddie13
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Activity: 2296
Merit: 2262
BTC or BUST
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November 22, 2019, 06:58:01 AM |
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all coins held in SegWit addresses will be donated to miners, as they are free-to-spend coins in the legacy (pre-SegWit) blockchain, and only the coins held in legacy addresses will stay intact and belonging to their owners (private key holders).
Whaaaattt??? Good thing my stash has never touched a segwit addy then eh? lol I'm safe.. Tesla unveiled the new cybertruck just now. Some very cool features but absolutely hideous. I really thought it was a joke at first. I hate EVs but also hate pickup trucks (I prefer gas guzzling sports cars), but that "truck" is sick!! It's like a modern burger Delorian.. BTC is in a little dip.. Might last a while.. Next pump 300k! |
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ðºÞæ
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Activity: 1176
Merit: 297
Bitcoin © Maximalist
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November 22, 2019, 06:59:36 AM |
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who was talking about miner capitulation? That is a big raspberry pi, or will that used to mine Bitcoin ? How many average Joe miner will be able to compete with this type of miners? Data-center? |
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Saint-loup
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Activity: 2590
Merit: 2346
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November 22, 2019, 07:00:57 AM |
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Now we are below $7500 it would be interesting to create a new poll I think.
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eddie13
Legendary
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Activity: 2296
Merit: 2262
BTC or BUST
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November 22, 2019, 07:05:30 AM |
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Now we are below $7500
BTC is do or die for me really.. The more it goes down the less chance I am going to sell anything.. |
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Saint-loup
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Activity: 2590
Merit: 2346
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November 22, 2019, 07:22:09 AM |
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Now we are below $7500
BTC is do or die for me really.. The more it goes down the less chance I am going to sell anything.. Wow. You are talking about capitulation? |
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nutildah
Legendary
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Activity: 2968
Merit: 7908
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November 22, 2019, 07:41:24 AM |
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all coins held in SegWit addresses will be donated to miners, as they are free-to-spend coins in the legacy (pre-SegWit) blockchain, and only the coins held in legacy addresses will stay intact and belonging to their owners (private key holders).
Whaaaattt??? Good thing my stash has never touched a segwit addy then eh? lol I'm safe.. There is zero actual truth behind this. We're talking about a 51% attack, in which it would be retarded to think the price of BTC would come out of it unscathed. However, the chances of a 51% attack happening in BTC are next to nothing. Even if it did happen, assuredly the bitcoin community would reorganize and go with the chain where the attack didn't happen. So "anyone can spend" would only be in effect for as long as people were willing to buy coins on the wrong chain. It would be chaotic for a few weeks, and yes, the price of BTC would plummet, along with all other coins. It could take years for confidence to rebuild afterward. However, I'm willing to bet anybody that this will NOT happen, EVER. |
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Icygreen
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Activity: 1463
Merit: 1135
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November 22, 2019, 08:06:31 AM |
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This was an interesting podcast with the head of OTC at Kraken, Nelson Minier and host Peter McCormack. They talk about his shift from wall street to Kraken, who buying OTC what its like, how much and how scarcity is starting to be realized in the markets. https://www.youtube.com/watch?v=kRXM3om6fa4It dawned on me that perhaps there's a Bitcoin shortage in the market below 10K right now. Maybe whales need to drop prices to bring miner coins back to the market. |
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Globb0
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Activity: 2674
Merit: 2053
Free spirit
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Keep calm and this is fine. avatar-sized Amazing Hat one of the coolest I have seen, is it a request or just there for occasions (like now for a few days?) Love it Another hat I actually want irl. Its my steam picture too. |
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Poll
