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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14399. (Read 26720873 times)

legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
What fixed the transaction backlog btw, did the major exchanges go segwit?

Some seem to think that they slapped the bogeyman Coinbase into shape -- they are now batching the outputs for multiple parties into single transactions.

Segwit tx's in general count for some small portion.

OTOH, the majority could be a simple reduction in demand.
sr. member
Activity: 443
Merit: 260
AND DOWN SHE GOES.

Sheeit.

lol

OK I give up.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
Don't feel too guilty. Our rektonings will come.


that...

that is brilliant
hero member
Activity: 703
Merit: 502
Hardware is paid once up front, not per guess, and electricity is free in certain places.
I don't really see that as different to buying say 10,000 scratch cards in one go. The major difference is that your scratch card's odds of winning don't change (mainly for the worse) every 2016 guesses.
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3794
Merit: 5474
Hardware is paid once up front, not per guess, and electricity is free in certain places.

Even in places like China where electricity is extremely cheap, miners often have to sign 6-12 month power contracts in advance.
legendary
Activity: 3794
Merit: 5474
Gotta be honest, those 3 recent bull flags look fake as hell. I wouldn't be shocked to see another dip sometime later.

Won't change my strategy though. Buy and hodl!
legendary
Activity: 1652
Merit: 4393
Be a bank

@manwithnoname49 5m5 minutes ago

Hold strong guys!
hero member
Activity: 952
Merit: 552
Nice to open Cryptomap on a bull day!

https://coin360.io/
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Hardware is paid once up front, not per guess, and electricity is free in certain places.
hero member
Activity: 703
Merit: 502
Indeed.  Now I need to go away and think about what that might mean in crypto.  What if miners had to pay a fee to mine but that was their entry ticket to a prize pool?  What does that mean in game theory terms?
Miners do pay a fee to mine, hardware cost and electricity cost.
full member
Activity: 308
Merit: 100
Looks like a promising start of the week for BTCitcoin  Cool
legendary
Activity: 1652
Merit: 4393
Be a bank
https://www.deribit.com/main#/futures?tab=BTC-30MAR18
Think I saw this before then forgot. It is tiny. Any one used it or know the people?
Deribit: The Futures And Option Exchange For Cryptocurrencies
Deribit is live since June 2016 after several years of development. John Jansen, the original founder teamed up with Marius Jansen, Sebastian Smyczýnski and Andrew Yanovsky. Deribit started as a Bitcoin Futures and Options trading platform going live in the summer of 2016. We run our daily office from Amsterdam (The Netherlands).
legendary
Activity: 2520
Merit: 3038
You can brute force Powerball with a pen and paper.  That’s what the population is doing every week.
But there is a high cost for each guess.
And the reward distribution system is a mess, they tell me.
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
I had not seen that before.  Thank you.

It would be helpful to get the original Japanese and have a second opinion from a native speaker as to the meaning of the bolded words.  
...
Satoshi left us, he could have helped Grin

This is his site so he might hear you Wink


Satoshi does not want to have anything to do with us or anyone for that matter. He/she is just probably chill in some semi-tropical place like Azerbaijan, South Korea or Chile, with a drink in his/her hand, with his/her family by his/her side. Smiley
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Indeed.  Now I need to go away and think about what that might mean in crypto.  What if miners had to pay a fee to mine but that was their entry ticket to a prize pool?  What does that mean in game theory terms?
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
You can brute force Powerball with a pen and paper.  That’s what the population is doing every week.
But there is a high cost for each guess.
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
You can brute force Powerball with a pen and paper.  That’s what the population is doing every week.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
Ok but you cant brute force powerball numbers with a computer at 1ghs or discover math formulas to reverse engineer it.
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