BBmodBB
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BTC = FREEDOM IS OUR ONLY HOPE!
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June 14, 2014, 12:48:14 AM |
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This price is gonna last until the SR auction. Probably. So that whales can get cheaper coins.
2 weeks of sideways that would suck Maybe not sideways, maybe lower. nonsense, we'll be back over 600 b4 i goto bed.... BTC will catch up to AU by august for sure...in the meantime buy/flip volitile altcoins like: SILK(ROAD)COIN LOL ===> https://www.poloniex.com/exchange/btc_schttps://www.mintpal.com/market/SC/BTCjmho ;-) chooo choooooooooooooo
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phosphorush
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June 14, 2014, 12:50:43 AM |
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51% attack only becuase it's more than half of the network, but from what i saw it seems it can be done with any %, it just increases teh probability of success...?
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Gingermod
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June 14, 2014, 12:52:49 AM |
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Worst a 51% attack could do is halt confirmations of all transactions until the hashrate drops. Not really a problem.
that's still a dos attack, and that's still a problem until the hashrate drops or like within 10 minutes. I'm not sure I understand, if the hashrate drops significantly, it could take longer than 2 weeks for it to adjust. blocks would be very slow in the meantime, it's still a denial of service attack. is it not? When the POOL'S hashrate drops. ah, ok, so they drop below 50 and the attack is dead? my point is that the possibility of the 51% attack is something that needs to be addressed. so we either test it and find out now, or we just sit around and talk about it until some time down the road someone pulls it off and kills the network? "kill the network" Didn't we just go over this
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shmadz
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Activity: 1512
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@theshmadz
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June 14, 2014, 12:56:35 AM |
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"kill the network"
Didn't we just go over this
sorry, by "kill the network" I mean that enough distrust will build up and people will move their value into another medium of exchange.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 14, 2014, 01:01:00 AM |
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justusranvier
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June 14, 2014, 01:03:56 AM |
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also withholding blocks, to manipulate the perceived hashrate and effectively attack other mining pools, is a problem The block withholding attack might actually end up being what limits the size of pools in the end. If it's no longer safe to accept random members of the public into a pool, then the pool membership needs to be limited to trusted hashers. This means a larger number of pools for a given number of hashers.
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shmadz
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@theshmadz
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June 14, 2014, 01:08:12 AM |
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also withholding blocks, to manipulate the perceived hashrate and effectively attack other mining pools, is a problem The block withholding attack might actually end up being what limits the size of pools in the end. If it's no longer safe to accept random members of the public into a pool, then the pool membership needs to be limited to trusted hashers. This means a larger number of pools for a given number of hashers. I used to really like small pools, until the hashrate started going nuts. when your profits are being cut by 30-40 percent every couple weeks (every 10 days sometimes) it's hard to stay at a small pool that is having a "dry spell" having said that, 305673 5 minutes 150 638.12 BTC BTC Guild 86.09 305672 8 minutes 193 204.05 BTC Discus Fish 115.96 305671 10 minutes 351 477.82 BTC BTC Guild 202.79 305670 22 minutes 394 973.33 BTC GHash.IO 193.73 305669 32 minutes 447 1,595.25 BTC GHash.IO 290.72 305668 42 minutes 111 798.10 BTC GHash.IO 91.57 woohoo! btc guild! stuff it in their stupid ghash faces!
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 14, 2014, 02:01:01 AM |
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shmadz
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June 14, 2014, 02:05:09 AM |
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exactly right buddy! oscillations up or down, only 2 directions in my mind, moon or bust!
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ChartBuddy
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June 14, 2014, 03:00:59 AM |
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shmadz
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@theshmadz
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June 14, 2014, 03:02:04 AM |
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adamstgBit
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Activity: 1904
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Trusted Bitcoiner
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June 14, 2014, 03:48:57 AM |
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its over folks its been a real pleasure i'm going down with the ship
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fonzie
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June 14, 2014, 03:57:06 AM |
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It was a pleasure to work for you, but this ship is goin down hard! Edit: Goddamn i love those 4 figure BTC market sales
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adamstgBit
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June 14, 2014, 04:00:40 AM |
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ChartBuddy
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June 14, 2014, 04:01:00 AM |
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Bitcoin_is_here_to_stay
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June 14, 2014, 04:02:24 AM |
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Another round of dumps. this is getting old Any particular reason this time, all just 51% attack, selling Silk Road coins, and reiteration of China ban?
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fonzie
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June 14, 2014, 04:02:46 AM |
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fonzie
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June 14, 2014, 04:04:09 AM |
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Another round of dumps. this is getting old Any particular reason this time, all just 51% attack, selling Silk Road coins, and reiteration of China ban? It´ain´t over till it´s over which is BTC / USD = 0$
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Raystonn
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June 14, 2014, 04:05:27 AM |
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We haven't made any new lows here. I'm not sure what you're complaining about. My own analysis shows we could go down as low as 420 before the exponential rise. Any lower and then I start to worry.
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