JayJuanGee
Legendary
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Activity: 3836
Merit: 10831
Self-Custody is a right. Say no to"Non-custodial"
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September 19, 2014, 01:08:49 PM |
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this is going to be a long weekend. if rpietila is calling final capitulation wait for 266 at least. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) HELLO? He is preparing for it... NOT calling it... .. You bear trolls seem so inclined to take a mile when you get an inch. OOFTA!!!! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.dodaj.rs%2Ff%2F2f%2FtK%2F3uDMdlD4%2F12345.png&t=665&c=h5rHkmI4t1r6AQ) Yes, a little comedy, diversion... ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I hope you are buying some bitcoins.. they are cheap this week, so far. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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JayJuanGee
Legendary
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Activity: 3836
Merit: 10831
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 19, 2014, 01:10:59 PM |
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JayJuanGee
Legendary
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Activity: 3836
Merit: 10831
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 19, 2014, 01:12:20 PM |
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I bought $10K worth of another coin (not really an alt) that I am not going to reveal so no one will call me a pumper or have some agendas for "fulfilling my books"... when time comes I will talk about it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FlZZgLpW.jpg&t=665&c=_zZE-gk_00KAqw) +11111 he hehe... had to LOL with that one..
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NotLambchop
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 19, 2014, 01:13:13 PM |
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Gentlemen! Your troubles are over!
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.dailymail.co.uk%2Fi%2Fpix%2F2011%2F03%2F02%2Farticle-1361866-0D6FA42E000005DC-849_634x403.jpg&t=665&c=1WZgJOjWpr3dBQ)
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jeezy
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Activity: 1237
Merit: 1010
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September 19, 2014, 01:14:06 PM |
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Cryptocoins are always "cheap" because Fiat is destined to fail in the long run. But it's hard to free yourself from coupling BTC<->Fiat I know ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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JayJuanGee
Legendary
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Activity: 3836
Merit: 10831
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 19, 2014, 01:14:17 PM |
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I call it now. I can bet on it. This is the lowest you can ever buy for the next 100 years. Take it or leave it.
I have heard that before, several times... though I am glad that I bought 1 btc today at $380... I am running out of money.. fml...
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DutchTrades
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 19, 2014, 01:26:45 PM |
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Kggg... Sir, we have movement, i repeat, we have movement kgggg.
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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September 19, 2014, 01:27:34 PM |
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wow no new blocks for almost 1h.
I wonder how big the transaction volume will be in the next block.
miners already shutting down or variance? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) I shut down everything last night. BTC and Alts. Only running enough to keep a little hash on my little p2pool lol
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uhoh
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September 19, 2014, 01:28:47 PM |
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<===
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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September 19, 2014, 01:30:21 PM |
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... there was a network scale attack I pointed out to Gavin and the other devs after observing namecoin network getting "hung" for months by miners joining and leaving en-masse due to mining incentives and price fluctuations ...
if a well-resourced 'dishonest miner' attacker could build up a significant of quantity of mining power and ramp up hash-rate by bringing on-line an ever-increasing amount of compute, selling all btc the whole way and simultaneously drive price lower over the same period, squeezing out 'honest' miners ... then in a final act take all their mining power off-line during a final dump of price then it would leave the network hanging at very low block solving rate (long confirms) waiting forever for the next retargetting and a low price and take a toll on confidence ... the fix was to allow for a 'special' retargetting on the downside if it hasn't happened after a time-out, not just the set 2016 blocks.
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CryptoFuture
Full Member
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Activity: 181
Merit: 100
Diggit.io Admin
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September 19, 2014, 01:30:52 PM |
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Does everyone here only check blockchain.info for blocks? Block discovery is fine... working as normal![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FTFj2q4m.png&t=665&c=m1Vjuj4L8hRvkQ)
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empowering
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Activity: 1078
Merit: 1441
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September 19, 2014, 01:33:08 PM |
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Kggg... Sir, we have movement, i repeat, we have movement kgggg.
Foxtrot Uniform Charlie Kilo , Yankee Echo Sierra! Hotel Oscar Papa Echo , India Tango, Kilo Echo Echo Papa Sierra, Golf Oscar India November Golf. Over. (green on green has a different meaning in this context)
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derpinheimer
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Activity: 896
Merit: 1000
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September 19, 2014, 01:34:51 PM |
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Ok ok, here is a good bull trap brewing. Target 430?
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Grafzep
Member
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Merit: 10
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September 19, 2014, 01:35:48 PM |
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... there was a network scale attack I pointed out to Gavin and the other devs after observing namecoin network getting "hung" for months by miners joining and leaving en-masse due to mining incentives and price fluctuations ...
if a well-resourced 'dishonest miner' attacker could build up a significant of quantity of mining power and ramp up hash-rate by bringing on-line an ever-increasing amount of compute, selling all btc the whole way and simultaneously drive price lower over the same period, squeezing out 'honest' miners ... then in a final act take all their mining power off-line during a final dump of price then it would leave the network hanging at very low block solving rate (long confirms) waiting forever for the next retargetting and a low price and take a toll on confidence ... the fix was to allow for a 'special' retargetting on the downside if it hasn't happened after a time-out, not just the set 2016 blocks.
Was this fix put in place? I've had similar concerns about a "remove hashing power" attack
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MinermanNC
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Activity: 2198
Merit: 1000
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September 19, 2014, 01:37:21 PM |
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... there was a network scale attack I pointed out to Gavin and the other devs after observing namecoin network getting "hung" for months by miners joining and leaving en-masse due to mining incentives and price fluctuations ...
if a well-resourced 'dishonest miner' attacker could build up a significant of quantity of mining power and ramp up hash-rate by bringing on-line an ever-increasing amount of compute, selling all btc the whole way and simultaneously drive price lower over the same period, squeezing out 'honest' miners ... then in a final act take all their mining power off-line during a final dump of price then it would leave the network hanging at very low block solving rate (long confirms) waiting forever for the next retargetting and a low price and take a toll on confidence ... the fix was to allow for a 'special' retargetting on the downside if it hasn't happened after a time-out, not just the set 2016 blocks.
Wow that seems to be a very possible scenario, but would have to be a very large hash to make that happen. Hard to imagine but the results would be as you said, left hanging" interesting ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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Malin Keshar
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September 19, 2014, 01:37:36 PM |
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FUUUU almost a hour and a half and no confirmation. Why the price crashed just when I needed to transfer some coins ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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_javi_
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September 19, 2014, 01:38:55 PM |
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and now they decided to buy...
sheeps!! follow!!! (in 300s voice)
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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September 19, 2014, 01:39:49 PM |
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... there was a network scale attack I pointed out to Gavin and the other devs after observing namecoin network getting "hung" for months by miners joining and leaving en-masse due to mining incentives and price fluctuations ...
if a well-resourced 'dishonest miner' attacker could build up a significant of quantity of mining power and ramp up hash-rate by bringing on-line an ever-increasing amount of compute, selling all btc the whole way and simultaneously drive price lower over the same period, squeezing out 'honest' miners ... then in a final act take all their mining power off-line during a final dump of price then it would leave the network hanging at very low block solving rate (long confirms) waiting forever for the next retargetting and a low price and take a toll on confidence ... the fix was to allow for a 'special' retargetting on the downside if it hasn't happened after a time-out, not just the set 2016 blocks.
Was this fix put in place? I've had similar concerns about a "remove hashing power" attack Would never happen to a big coin like btc: to much power needed. Like 99% attack...
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Cassandra_PR
Newbie
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Activity: 54
Merit: 0
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September 19, 2014, 01:40:53 PM |
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jl2012
Legendary
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Activity: 1792
Merit: 1111
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September 19, 2014, 01:41:45 PM |
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FUUUU almost a hour and a half and no confirmation. Why the price crashed just when I needed to transfer some coins ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) blockchain.info is broken. The height now is 321524
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