Hi Benson,
This would be a good article to read!
http://bitcoinreport.com/will-bitcoin-reach-100000/
It has compared the market cap for different companies and projected the value of BTC.
It seems to be real in the sense that on 31st Dec 2012 the market cap was 141M and price was $13.43.
Today 12th Mar 2013, as I write this the market cap is 508M and the price is about $48.
As the number of users are increasing the market cap is going to hit 1B within a few months, I expect BTC to reach $80+ within a few months.
Topic: Technical Discussions Thread - page 3. (Read 5480 times)
Yeah, am not worried.
This is good for bitcoin!
This is good for bitcoin!
Block chain is catching up!
225431 (Orphaned) 2013-03-11 23:43:30 00000000000000f2c09bd58b84a7ef33fbc038a6fed97c072643b1e61d8ab841
225431 (Main Chain) 2013-03-11 22:46:35 00000000000002d2012cc1b3fc0cceb8c156f0e698db40bf4413a210eca056c3
So it should be stable in a couple of hours!
225431 (Orphaned) 2013-03-11 23:43:30 00000000000000f2c09bd58b84a7ef33fbc038a6fed97c072643b1e61d8ab841
225431 (Main Chain) 2013-03-11 22:46:35 00000000000002d2012cc1b3fc0cceb8c156f0e698db40bf4413a210eca056c3
So it should be stable in a couple of hours!
Any bad losses for anyone here in India?
I seem to have mined a bunch of 0.8
.
Well, atleast it is back up and doing as well as before!
I think this episode will push the price past 50.
I seem to have mined a bunch of 0.8
.Well, atleast it is back up and doing as well as before!
I think this episode will push the price past 50.
You can watch the ongoing battle, here, at blockchain.info/blocks. The orphaned blocks are part of the 0.7 chain which is trying to catch up to the longer, 0.8 main chain.
It will take some time for all the Orphaned blocks to cope up and attach to main chain.
It will take some time for all the Orphaned blocks to cope up and attach to main chain.
The problem is not with the wallet, the problem is with the client 0.7 which was mining. It was not able to accept block chain height 225430.
So,
- if you are using 0.8 -- do not worry
- if you are using 0.8 and mining - stop mining and wait till proper instruction comes from the core development team.
- if you are using 0.7 and not mining - do not worry
- if you are using 0.7 and mining - stop mining and wait till proper instruction comes from the core development team.
blockchain.info has the same alert message and also https://mtgox.zendesk.com/entries/21477395-Bitcoin-blockchain-issue-bitcoin-deposits-temporarily-suspended has stopped accepting deposits / inputs
Do not spend, till further notice comes from the team of core developers.
So,
- if you are using 0.8 -- do not worry
- if you are using 0.8 and mining - stop mining and wait till proper instruction comes from the core development team.
- if you are using 0.7 and not mining - do not worry
- if you are using 0.7 and mining - stop mining and wait till proper instruction comes from the core development team.
blockchain.info has the same alert message and also https://mtgox.zendesk.com/entries/21477395-Bitcoin-blockchain-issue-bitcoin-deposits-temporarily-suspended has stopped accepting deposits / inputs
Do not spend, till further notice comes from the team of core developers.
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