btcdrak (OP)
Legendary
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Activity: 1064
Merit: 1000
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June 13, 2014, 11:35:13 AM |
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jc01480
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June 13, 2014, 11:40:06 AM |
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There goes decentralization.
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Searing
Copper Member
Legendary
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Activity: 2898
Merit: 1465
Clueless!
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June 13, 2014, 11:40:18 AM |
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They had better behave themselves.. ah..sh*t! Searing
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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veebee
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June 13, 2014, 11:50:20 AM |
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yikes
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My account was hacked , i have recovered it but the person promoted straight disgusting trash lust ico.. i do not and would never support that
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FlyForFun
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June 13, 2014, 11:52:36 AM |
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Hopefully they come out with some solution fast before something bad happened.
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jubalix
Legendary
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Activity: 2632
Merit: 1023
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June 13, 2014, 11:54:59 AM |
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and.....POS.
also how does GIGA feel shooting itself in the foot
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JohnFromWIT
Member
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Activity: 112
Merit: 10
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June 13, 2014, 11:56:26 AM |
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How much those 'Other Known' have?
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Mister S
Member
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Activity: 72
Merit: 10
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June 13, 2014, 11:57:14 AM |
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You DO know that chart isn't a representation of the total hashrate available, it's just the percentage of blocks found. While it's CLOSE to 50%, it is NOT the actual hashrate. https://blockchain.info/charts/hash-rateThis is the actual hashrate, currently at 93,507,419 GH/S, or 93.5 Petahash. CEX.IO is reporting 40.13... Lemme do the math for ya. 43.1% Up there? Hell yeah... But is the sky falling? No. Not yet, but very close. I've had enough FUD for one day. Please don't confuse your charts. While it's easy to scream "It's All CEX's Fault" and hit panic mode, it's consumers, not miners, on Ghash right now. Consumers consume, Miners protect their resources.
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joshraban76
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June 13, 2014, 11:57:47 AM |
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It was not a surprise for me.
Being Solid in the market and knowing what they are doing, plus cloud miming and trading of cex.io, for sure they will eat the market more and more.
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benjyz
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June 13, 2014, 12:24:07 PM |
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Why would they do this? I've got a theory: to pick up some cheap BTC. Actually nice way to manipulate the markets. They have to be considered a hostile entity now. Imagine the same with floating fees.
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shorena
Copper Member
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Activity: 1498
Merit: 1530
No I dont escrow anymore.
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June 13, 2014, 12:29:32 PM |
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Why would they do this? I've got a theory: to pick up some cheap BTC. Actually nice way to manipulate the markets. They have to be considered a hostile entity now. Imagine the same with floating fees.
the number of double spends within the last 500,000 transactions actually went down. Just because someone has a lot of hashingpower does not mean the instantly use to double spend. https://blockchain.info/double-spendsI would advice everyone holding GH/s @ cex.io and using GHash.io as a pool to switch anyway. Just in Case.
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Im not really here, its just your imagination.
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ljudotina
Legendary
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Activity: 1260
Merit: 1029
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June 13, 2014, 12:30:56 PM |
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Here we go, 1 more thread....directly under older one...that's how Bitcointalk members roll. I expect 5 new threads in next half hour...all one under another. Let the best thread wins!
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Illuminated
Newbie
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Activity: 11
Merit: 0
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June 13, 2014, 12:46:14 PM |
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Here we go, 1 more thread....directly under older one...that's how Bitcointalk members roll. I expect 5 new threads in next half hour...all one under another. Let the best thread wins!
I thought the same! Not such a big deal to spread screenshots in different threads. Somebody just want to rise his own activity due to shard headline...
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Stephen Gornick
Legendary
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Activity: 2506
Merit: 1010
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June 13, 2014, 01:46:31 PM |
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So, ghash.io acts as a benevolent dictator -- one who knows the penalty for abusing that privilege is instant decapitation.
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TimS
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June 13, 2014, 01:55:29 PM |
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So, ghash.io acts as a benevolent dictator -- one who knows the penalty for abusing that privilege is instant decapitation.
This is certainly how it should work. But the lack of people actually moving away from GHash.IO as they near (or have already reached) 51% makes me doubt whether they'd actually be "decapitated" by abusing their position.
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NamelessOne
Legendary
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Activity: 840
Merit: 1000
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June 13, 2014, 02:13:55 PM |
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Miners, if you care about your own self interest and the source of your money, leave ghash. Keep being greedy, but do it intelligently, otherwise the dumb ghash greed will destroy you!
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timmyd
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June 13, 2014, 02:45:05 PM |
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Btc fail! whats next you ask. seriously guys considor NXT we mean business check payexpo updates from this week
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lihuajkl
Legendary
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Activity: 1596
Merit: 1000
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June 13, 2014, 02:58:50 PM |
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So, ghash.io acts as a benevolent dictator -- one who knows the penalty for abusing that privilege is instant decapitation.
This is certainly how it should work. But the lack of people actually moving away from GHash.IO as they near (or have already reached) 51% makes me doubt whether they'd actually be "decapitated" by abusing their position. I do not worry they would risk their market share in BTC by doing bad things. Every people is talking about 51% attack and will pay attention to what is doing by ghash.
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