machasm
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May 17, 2020, 04:14:08 AM |
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Organic growth, spam attack, or some processing deficiencies? There have been some arguments, recently, for some kind of preference for the growth of a fee driven model, and this could be part of a movement in that direction (that seems to be preferred by some peeps). Makes it more difficult to consolidate a bunch of small utxos, but how much (nearly free) consolidatings do people need to be doing? Hashrate dropped after the halving with about 30%. Blocks are currently taking an average of 13 minutes instead of 10. Unique about this halving is that we need to wait 1008 blocks (which now might take 9.1 days instead of 7) to get to the next difficulty adjustment. The difficultly will then be adjusted (downwards) based on the average block time over the last 2016 blocks. https://bitinfocharts.com/comparison/bitcoin-confirmationtime.html#3mThis alone explains fees 30% higher than before the halving. From the whitepaper: To compensate for increasing hardware speed and varying interest in running nodes over time, the proof-of-work difficulty is determined by a moving average targeting an average number of blocks per hour. If they’re generated too fast, the difficulty increases.
According to https://bitcoin.clarkmoody.com/dashboard/ there is only 341 blocks to go. We should be there in a couple of days.
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nutildah
Legendary
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Activity: 2982
Merit: 7986
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May 17, 2020, 04:23:38 AM |
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Hahaha, ask Mindrust how listening to MasterLuc has worked out. For real. After being so wrong so hard, he should stop making charts for a while. From what I noticed about "professional" TA people: they never look back unless they were right. It's always about selling people on their idea of what comes next.
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Arriemoller
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Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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May 17, 2020, 04:38:01 AM |
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I would like to say a warmly felt THANK YOU! to all of you who wished me well, and thanks for the merits, that was unexpected. Again THANK YOU!!
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Arriemoller
Legendary
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Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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May 17, 2020, 04:51:56 AM |
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Now, let me explain to all of you why the Swedish government is not closing down society and quarantining people/closing of areas.
This is a little known fact outside Sweden, and it rarely comes up in the debate. Neither the Swedish government nor the Swedish parliament has the authority to do that. The Swedish constitution guarantees all citizens the right to free movement in peacetime, no exceptions but one, people with a dangerous contagious disease can be forcefully quarantined according to the contagious disease act. But that only applies to specific individuals. And there is no such thing as marshal law in Sweden, not allowed by the constitution.
So, no matter how much people or other countries bitch about Swedens way of handling the crisis, nothing is going to change. You can change the constitution, but that reacquires two parliament votes with one general election in between. We might se a change in the wording in the constitution from just "wartime" to "war and pandemics" or something like that, but no such change has been suggested yet.
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VB1001
Legendary
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Activity: 938
Merit: 2540
<<CypherPunkCat>>
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Welcome to crypto! Grab a @coinbase account when you're ready to use that Bitcoin (not just hold it), and get into any of the many other cryptos out there https://twitter.com/brian_armstrong/status/1261756512029958144And don't forget the golden rule to get rich, buy in highs, sell in lows
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JSRAW
Legendary
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Merit: 1538
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May 17, 2020, 09:06:02 AM |
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Poor armstrong...
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nutildah
Legendary
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Activity: 2982
Merit: 7986
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May 17, 2020, 09:09:28 AM |
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LOL. I notice the notLoomdart account is now suspended, but Brian Armstrong's tweet is still there. It's free real estate, that's why he won't delete it. Unfortunately Adam Back also replied to it. This is pretty cringe-worthy as well, sent to the actual JK Rowling:
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nutildah
Legendary
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Activity: 2982
Merit: 7986
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May 17, 2020, 09:33:14 AM |
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ouch
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JSRAW
Legendary
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Merit: 1538
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May 17, 2020, 09:41:25 AM |
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Last of the V8s
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Be a bank
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May 17, 2020, 09:47:33 AM Last edit: May 17, 2020, 12:48:17 PM by Last of the V8s |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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basically world is a fuck. suggest just
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fillippone
Legendary
Online
Activity: 2156
Merit: 15493
Fully fledged Merit Cycler - Golden Feather 22-23
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May 17, 2020, 10:26:05 AM Last edit: May 17, 2020, 10:41:17 AM by fillippone |
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What a disgrace to the bitcoin ecosystem is Coinbase. Gullible CEO Shilling shitcoin in a tweet where a famous person tells she’s buying bitcoin. Not realising that is a fake account Destroying user privacy tracking them before and after they interact with his exchange
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virasog
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Merit: 1159
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May 17, 2020, 10:39:38 AM |
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basically world is a fuck. suggest just
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nutildah
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May 17, 2020, 10:44:36 AM Merited by fillippone (2) |
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What a disgrace to the bitcoin ecosystem is Coinbase. Gullible CEO Shilling shitcoin in a tweet where a famous person tells she’s buying bitcoin.
True... and in a rush he uttered perhaps some of the worst advice that could possibly be given: get into any of the many other cryptos out there CMC currently lists 5,474 coins... Let's narrow it down to the top 1000. He's basically telling people to generate a random number between 1 and 1000 and choose that coin to invest in. I would almost think he was joking if he didn't say "open a Coinbase account."
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MFahad
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May 17, 2020, 10:51:18 AM |
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We need a treatment for covid-19 else after 50 years people will be talking and complaining that people in 2020 were so backwards that they can't even develop a vaccine.
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ivomm
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Merit: 2841
All good things to those who wait
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May 17, 2020, 12:17:29 PM |
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Sunday pump?
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JL0
Full Member
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Activity: 817
Merit: 158
Bitcoin the Digital Gold
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May 17, 2020, 12:18:33 PM |
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Sunday Pump
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