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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11859. (Read 26707928 times)

legendary
Activity: 2520
Merit: 3038
FS you try an do good round here you get banned.

Loosers hehe
Now I see what happened, and why I got some sweet merit from you.
I won't thank you, though. It's to keep you out of trouble ;-)
legendary
Activity: 2050
Merit: 1184
Never selling
So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.

So, how many grins will ever be made?



Currently set to 50 per 60 seconds (it was going to be 60/m, but I think they finalised at 50/m).  That is not designed to change.  So it's infinite.

Well, if it's infinite it won't be worth anything. That's Economics 101.

That would be my understanding too, which has killed a lot interest that I initially had for it. However, how many other coins are like this? and how many of those have gone from low value to a high value.

Monero? But isn't their supply cut down to only 0.3 every block at some point?

Even with open ended supply it still seems that a lot of money can be made in the medium-term even if long-term it is destined for disaster.

50 every minute forever seems like a awful lot though.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
FS you try an do good round here you get banned.

Loosers hehe

https://i.imgur.com/N8Wyr45.gif[/img]
https://bitcointalksearch.org/topic/merit-source-message-5097875
oh man Globb0 do be careful of those tards over there. they are mindless power-crazed robots. you may have to back down and act contrite and change your ways.
btw love what you were doing of course

It's a pity a random spontaneous act of kindness and generosity can be so heavily criticised instead of just accepted for what it is.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Liverpool family treats New Zealand beach like they treat their home, gets deported

https://www.odt.co.nz/news/national/tourists-speak-out-deportation-looms

Well, they are travelers, I hate those guys.
Every summer we have travelers from England driving along the countryside in Sweden trying to "fix a roof" or "Laying asphalt" or some other stuff like that. They do a bad job and ask for excessive payment and and dump their trash everywhere and threaten people who complain.
Every summer there are warnings about these guys in the paper.

And also, they speak a weird, totally incomprehensible English.
legendary
Activity: 2744
Merit: 13618
BTC + Crossfit, living life.
FS you try an do good round here you get banned.

Loosers hehe



THX for posting that one



gives me a reason to AGAIN post the kind of crazy F*** I am
and how committed I must be Roll Eyes

still love that rollercoaster F***er on my arm and didn't regret it for 1 second

Grin Grin
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.

So, how many grins will ever be made?



Currently set to 50 per 60 seconds (it was going to be 60/m, but I think they finalised at 50/m).  That is not designed to change.  So it's infinite.

Well, if it's infinite it won't be worth anything. That's Economics 101.
legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
Liverpool family treats New Zealand beach like they treat their home, gets deported

https://www.odt.co.nz/news/national/tourists-speak-out-deportation-looms

Well, they are travelers, I hate those guys.
Every summer we have travelers from England driving along the countryside in Sweden trying to "fix a roof" or "Laying asphalt" or some other stuff like that. They do a bad job and ask for excessive payment and and dump their trash everywhere and threaten people who complain.
Every summer there are warnings about these guys in the paper.
legendary
Activity: 2604
Merit: 1748
So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.

So, how many grins will ever be made?

Currently set to 50 per 60 seconds (it was going to be 60/m, but I think they finalised at 50/m).  That is not designed to change.  So it's infinite.
legendary
Activity: 3990
Merit: 4597
Cryptopia's hack, Ethereum's fork delayed, ETF probably denied thanks to the shutdown, Bakkt maybe delayed to April... mehhh, no need to worry.



While I generally agree, let's not simplify things.
Miners are experiencing stress (losing money) as we speak.
BTC is running on POW, which is probably profitable in a fewer and fewer places right now.
hero member
Activity: 658
Merit: 851
Cryptopia's hack, Ethereum's fork delayed, ETF probably denied thanks to the shutdown, Bakkt maybe delayed to April... mehhh, no need to worry.

legendary
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.

So, how many grins will ever be made?
legendary
Activity: 2604
Merit: 1748
So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

Been watching the Grin Github devs' feed for months and was actually relieved to see the genesis block was today (finally), so not long to find out how it fits in. 

I think the endless constant emission design was a surprise (negative one IMHO) but not at all like Monero's tail emission - which is by contrast a minimal amount, far less than lost coins would be and it's arguably possible it 'may' prove to secure the network long term as a miner incentive that other POW projects lack.  Grin seems not to want to even scale down at all.  We will have to see if this is fatal, but whatever the case for Grin, I personally don't think Monero's is comparable.

As for if it takes away from Monero's position as the only credible privacy coin - I don't know.  If it becomes an optional side chain tech for Bitcoin, then maybe Monero is safe with a role as a stand-alone tech with a use case.

Disclosure: 

I should admit I have been trying to mine Grin today, but to my great shame I am hopeless at CLI stuff and have given up after syncing the miner to the chain but not being able to work out how to make the damn thing actually mine.  This is of course due to a level of incompetence in command line stuff that most here would no doubt find astounding.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Liverpool family treats New Zealand beach like they treat their home, gets deported

https://www.odt.co.nz/news/national/tourists-speak-out-deportation-looms
legendary
Activity: 1652
Merit: 4393
Be a bank
FS you try an do good round here you get banned.

Loosers hehe

https://i.imgur.com/N8Wyr45.gif[/img]
https://bitcointalksearch.org/topic/merit-source-message-5097875
oh man Globb0 do be careful of those tards over there. they are mindless power-crazed robots. you may have to back down and act contrite and change your ways.
btw love what you were doing of course
legendary
Activity: 3388
Merit: 3514
born once atheist
legendary
Activity: 938
Merit: 2540
<>
Did you account for air drag, or did you only consider gravitational acceleration?

I took an average pebble out my garden. It weighs 10 grams and has a mean diameter of about 20 mm. If we assume it were perfectly spherical with a drag coefficient of 0.47, travelling through air with standard density of 1.225 kg/m^3, and plug the figures into the formula for terminal velocity we get: sqrt((2*0.01*9.81)/(1.225*(3.14*0.01^2)*0.47)) = 33 m/s or 119 km/h. If we pipe that into E = 1/2*m*v^2 for energy, we get ~5.5 J or ~4 ft-lb.

Or in other words, I need Bitcoin to do something exciting.

Perfectly spherical bullets are way different to regular bullets that end up tumbling as soon as they lose the rotational speed with a way higher air drag.

Much of the penetration of a regular gunshot is thanks to its rotational speed. That's why pipeguns are not that effective, even at very short distance, unless properly directed against unprotected vital points (neck, eyes, temple, etc).

To the mooooooon!!! weeeeeeeeee Tongue

WO is a surprise box. I share this hobby, sports shooting, it seems that they understand a lot about ballistics. Wink

Oh, past year I decided to cancel/not renew my "sports shooting" license and sell my firearms. Now I am an officially unarmed civilian  Cry Cry

It was already pretty boring and expensive hobby with all the increasing legislation, requirements and taxes. I envy our American friends in the gun regulations.

Of course, United States is different. Cool
legendary
Activity: 2702
Merit: 2053
Free spirit
FS you try an do good round here you get banned.

Loosers hehe

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  

MW can be implemented on a second layer or as a sidechain with BTC I believe.
legendary
Activity: 3388
Merit: 3514
born once atheist
I reckon most 'hacks' are inside jobs.
100% agreed. when looking at all other possiblities, inside job is by far the most plausible/likely.

Interesting Wired article... maybe pertinent to the WOber thread?
(Apologies if already linked as its 4 days old... I know,that's ancient history in crypto,and tbh
I don't obsess over this thread so much as I used too, fair weather fan and such....)

https://www.wired.com/story/the-exaggerated-promise-of-data-mining/

So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

ha!! another legend actually paying attention to this shitcoin alt launch.
It caught my eye as I notice even theymos is interested.  
I'm definitely watching it anyway...maybe fire up a miner again, who knows...

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
So what's the plan guys? If Grin works out well, bitcoin devs shove all that tech onto bitcoin?
https://github.com/mimblewimble/grin/blob/master/doc/grin4bitcoiners.md

I don’t know that you could port Bitcoin onto Grin. So it is a threat.  

But their monetary policy is fuxxed.  Big mistake having an endless emissions.  Same trap Monero fell into.  

So that significantly reduces the threat.  
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