Bitcoin Forum
December 02, 2016, 08:21:19 PM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Poll
Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

Pages: « 1 ... 1438 1439 1440 1441 1442 1443 1444 1445 1446 1447 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 [1488] 1489 1490 1491 1492 1493 1494 1495 1496 1497 1498 1499 1500 1501 1502 1503 1504 1505 1506 1507 1508 1509 1510 1511 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1534 1535 1536 1537 1538 ... 1560 »
  Print  
Author Topic: Gold collapsing. Bitcoin UP.  (Read 1803337 times)
inca
Legendary
*
Offline Offline

Activity: 980


View Profile
August 03, 2015, 05:24:07 PM
 #29741

Do any of you have any links to a side chain white paper or proposal for bitcoin? I am keen to read the technicals in a bit more detail.

Thanks..

or is this it: https://blockstream.com/sidechains.pdf
1480710079
Hero Member
*
Offline Offline

Posts: 1480710079

View Profile Personal Message (Offline)

Ignore
1480710079
Reply with quote  #2

1480710079
Report to moderator
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480710079
Hero Member
*
Offline Offline

Posts: 1480710079

View Profile Personal Message (Offline)

Ignore
1480710079
Reply with quote  #2

1480710079
Report to moderator
1480710079
Hero Member
*
Offline Offline

Posts: 1480710079

View Profile Personal Message (Offline)

Ignore
1480710079
Reply with quote  #2

1480710079
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 03, 2015, 05:28:40 PM
 #29742

Do any of you have any links to a side chain white paper or proposal for bitcoin? I am keen to read the technicals in a bit more detail.

Thanks..

or is this it: https://blockstream.com/sidechains.pdf

that's it
Wekkel
Legendary
*
Offline Offline

Activity: 1386



View Profile
August 03, 2015, 05:43:47 PM
 #29743

Soon, Barrick will be a penny stock if this trend persists.

Like this post? you can tip me (BTC) 1LGi2DMhectdFSkBid5srrnHk8WHgD3V1d or very WoW (Doge) D9p6FZQb1sKkq9hApy4tnjSduYfdnc74bb
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 03, 2015, 05:50:56 PM
 #29744

Soon, Barrick will be a penny stock if this trend persists.

and gold will be at $400
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 03, 2015, 05:51:51 PM
 #29745

oops, silver starting to crumble:

notme
Legendary
*
Offline Offline

Activity: 1526


View Profile
August 03, 2015, 05:58:09 PM
 #29746

You guys/girls hold gold/silver as well as BTC?

not me. 

only a few ounces of silver and a couple grams of gold

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
inca
Legendary
*
Offline Offline

Activity: 980


View Profile
August 03, 2015, 06:02:21 PM
 #29747

It is getting mighty tempting to liquidate my remaining equities and rotate over into pm's and cash.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 03, 2015, 06:02:45 PM
 #29748

You guys/girls hold gold/silver as well as BTC?

not me. 

only a few ounces of silver and a couple grams of gold

i still have my 2 small sleeves of Krugerands.  looks like miscreanity made the right decision not to take those off my hands 4 yrs ago.
Jdj1727
Sr. Member
****
Offline Offline

Activity: 337


View Profile
August 03, 2015, 06:44:34 PM
 #29749

You guys/girls hold gold/silver as well as BTC?

not me. 

only a few ounces of silver and a couple grams of gold

I'm holding a little of each as well.
justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
August 03, 2015, 07:39:12 PM
 #29750

Bitcoin won't get more expensive, fee-wise, if we bring on many, many more tx's onto the MAINchain that will help spread the costs and provide enough profit for mining to expand and grow.
It just goes to show how insane people are to suggest that Bitcoin transaction processing, with its very high fixed cost, should spread that fixed cost over a smaller number of transactions rather than a larger number of transactions.

I think any business plan that suggested such a strategy would spontaneously combust out of embarrassment before anyone could read it.
sickpig
Legendary
*
Offline Offline

Activity: 1106


View Profile
August 03, 2015, 07:49:48 PM
 #29751

justus, all

it seems that awareness of the need to introduce economic incentives for services provided by full nodes are rising among devs community, see this thread on the btc dev mailing list:

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/009879.html

let's see how core devs will react to this idea.

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
sgbett
Legendary
*
Offline Offline

Activity: 1330



View Profile
August 03, 2015, 08:06:13 PM
 #29752

this can't be good:



I cut my exposure to equities by half today, AAPL was amongst those that got the chop!

http://haschinabannedbitcoin.com
Full Node: http://46.51.193.129 (BU)
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 03, 2015, 08:16:56 PM
 #29753

this can't be good:



I cut my exposure to equities by half today, AAPL was amongst those that got the chop!

So it was you!

BTW, your simplicity argument against complex, conceptual only layer 2 solutions was spot on.
thezerg
Legendary
*
Offline Offline

Activity: 1246


View Profile
August 03, 2015, 08:27:45 PM
 #29754

justus, all

it seems that awareness of the need to introduce economic incentives for services provided by full nodes are rising among devs community, see this thread on the btc dev mailing list:

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-August/009879.html

let's see how core devs will react to this idea.

How would this work if you issue (say) one txn per day on average?  I mean, wouldn't it take a month or even a year before the SPV client summed up enough use to make it worth committing the txn?  Are there risks to having a payment channel or LN connection open for these durations?
sgbett
Legendary
*
Offline Offline

Activity: 1330



View Profile
August 03, 2015, 08:41:48 PM
 #29755


I cut my exposure to equities by half today, AAPL was amongst those that got the chop!

So it was you!

BTW, your simplicity argument against complex, conceptual only layer 2 solutions was spot on.

That would be some serious whale action to be able to move a market that big Smiley or maybe it was butterfly wings...

I thought the simplicity argument was self-evident and shouldn't need anyone to explain it! Somebody gotta try and cut through the crapflood though. I've tried really hard to try and see the opposing POV but I come up short every time, and I think that's because I can't understand the philosophy behind making BTC some elitist tool when it seemed right from the outset that it was anything but.

If that makes me part of the "free-shit" army, then so be it. I'm not (yet) so morally bankrupt that I think that my well being can only come at the expense of others. That's what cripplecoin sounds like, thats why I don't want any part of it.

http://haschinabannedbitcoin.com
Full Node: http://46.51.193.129 (BU)
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 03, 2015, 08:48:22 PM
 #29756

uh oh, Blockstream pissing off some of the most important early adopters in the space:

https://www.reddit.com/r/Bitcoin/comments/3fhik9/mike_hearn_outlines_the_most_compelling_arguments/ctosiaz

i smell doom.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 03, 2015, 08:51:01 PM
 #29757

priceless:

[–]WinkleviBitcoinTrust 6 points 23 hours ago

Sure I can imaging it. I just don't feel like supporting those block cock blocking devs.

    permalink
    embed
    save
    parent
    report
    give gold
    replied
brg444
Hero Member
*****
Offline Offline

Activity: 630

Bitcoin replaces central, not commercial, banks


View Profile
August 03, 2015, 08:53:26 PM
 #29758

uh oh, Blockstream pissing off some of the most important early adopters in the space:

https://www.reddit.com/r/Bitcoin/comments/3fhik9/mike_hearn_outlines_the_most_compelling_arguments/ctosiaz

i smell doom.

 Huh

is this a joke

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
lunarboy
Hero Member
*****
Offline Offline

Activity: 544



View Profile
August 03, 2015, 08:57:26 PM
 #29759

priceless:

[–]WinkleviBitcoinTrust 6 points 23 hours ago

Sure I can imaging it. I just don't feel like supporting those block cock blocking devs.

 


could be time for a new Zhou Tong remix....... Chemical brothers

https://www.youtube.com/watch?v=MaU5qkQJ1e4
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
August 03, 2015, 09:09:37 PM
 #29760

uh oh, Blockstream pissing off some of the most important early adopters in the space:

https://www.reddit.com/r/Bitcoin/comments/3fhik9/mike_hearn_outlines_the_most_compelling_arguments/ctosiaz

i smell doom.

 Huh

is this a joke

no, you're the joke.
Pages: « 1 ... 1438 1439 1440 1441 1442 1443 1444 1445 1446 1447 1448 1449 1450 1451 1452 1453 1454 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 [1488] 1489 1490 1491 1492 1493 1494 1495 1496 1497 1498 1499 1500 1501 1502 1503 1504 1505 1506 1507 1508 1509 1510 1511 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1534 1535 1536 1537 1538 ... 1560 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!