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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14971. (Read 26715635 times)

member
Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
What the fuck is going on...


BTCBTC skyrocketing Wink weee

sr. member
Activity: 696
Merit: 439
This bores me........
legendary
Activity: 3276
Merit: 2442
Cheap bitcoins are good for exports. Now thanks to cheap coins theymos can sell more VIP accounts. Cheap bitcoins are good for business guys. Let's make it $1/piece, export booms everybody is happy. xcept hodlers:(
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
it's funny how when everything shows that we go down further more people speak about ATH? what are you drinking people??

one advice to the newbies here: DO YOUR RESEARCH ! DO NOT listen what you read here as advice... you may loose money..
legendary
Activity: 2520
Merit: 3038
What the fuck is going on...
Another shake of the tree, while the bears still have some breath left.
legendary
Activity: 1124
Merit: 1000
13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
are you ready to go under 8000€ / BTC ?
legendary
Activity: 2842
Merit: 1511
Been following this thread with a smile on my face for a while now,
-the best of your quotes, images and posts bundled would make a great book-,
and there seem to be some pretty smart, very wise, highly experienced and extremely old BTC-guys hanging out here.
Hopefully you are willing to advice; what do you foresee as the smartest USD/BTC price-range to buy the dip?


Sycophancy will get you nowhere Tongue
legendary
Activity: 2338
Merit: 1035
What the fuck is going on...
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours
jr. member
Activity: 62
Merit: 1

Quote
at least the bitcoin market dominance is increasing right now.

At least there's that.

Oh. 34.9%? Is that good?

it was at 33% a few days ago and incredible 34.8% yesterday Wink
It will usually gain market dominance when the overall market cap is dropping because the alts act like leveraged versions of BTC.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
BCH/BTC making a new low on GDAX
legendary
Activity: 1303
Merit: 1681
a Cray can run an endless loop in under 4 hours

Quote
at least the bitcoin market dominance is increasing right now.

At least there's that.

Oh. 34.9%? Is that good?

it was at 33% a few days ago and incredible 34.8% yesterday Wink
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
Breaking 24777$ prediction game      FINAL LIST        

27/12/2017 bikerleszno Sad
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23/01/2018 willope
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31/03/2018 vroom
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08/04/2018 tyler1890
10/04/2018 ludwigvon
11/04/2018 hairymaclairy
16/04/2018 practicaldreamer
18/04/2018 free-bit.co.in
27/04/2018 drbrockoin
01/05/2018 sprinkles
02/06/2018 oblox
07/07/2018 IntroVert
03/08/2018 toxic2040
28/08/2018 bitserve
15/10/2018 Yefi
05/11/2018 mikenz
31/12/2018 melman2002
01/01/2019 Spaceman_Spiff_Original
12/02/2019 FractalUniverse
21/04/2019 gentlemand
20/02/2020 romneymoney
18/12/2021 luckygenough56

UPDATE     AND GOOD LUCK

WHY SO MANY OFF YOU THINKING PRICE WILL BE ONDER 8K END THIS MONTHY??  WHILE SO MANY OFF YOU GUESS ALL THE CLOSEST POSSIBLE  DATES WHEN THIS LIST CAME OUT Huh

jr. member
Activity: 62
Merit: 1
I'm also curious where BTC will be at the end of 2018?

As are we all.

Somebody did a monte carlo simulation based upon a random sampling of daily returns. The center of the probability distribution function was $55.5K.

$55,530 center of distribution
Probability of less than $13K - 9.84%
80% confidence interval: $13,200.00-$271,277.00

You can quibble with the validity of past returns used as a basis for future predictions, but its one analysis.

https://medium.com/@xoelop/weve-simulated-the-bitcoin-price-for-the-whole-2018-you-won-t-believe-the-result-4a602679dac2

That's a pretty solid analysis (bookmarked), $55K is a very realistic prediction. I would only assume that at the end of 2018 $55K wouldn't have been to all time high but still a very good price estimation. At the end of the day it's still educated guessing but it was refreshing to see a HQ price analysis based on raw math.
I would assume that a high percentage of those random walks resulted in their ATHs reaching very close to the end of the year.
legendary
Activity: 2520
Merit: 3038
I think it’s the requirement for an “always online” connnection. Just easier with cloud.  

Don’t ask me to explain what happens if your node goes offline.  I don’t know.

It enables each of your channel counterparts to broadcast transactions stealing the value you have locked up in that channel, for one. Amongst other ills.
And gives said counterpart the chance to have their whole assets on that channel forfeited by you if anyone snitches on them within a week. I wouldn't try that.

Comprehensive list of entities currently operating such a service:
1)  Huh
Currently: you and yourself. You must hurry and do it within a week. Can you switch on your LN node once a week until it syncs your own channels only?
Outsourcing to to others, uh, well, hm, we're still working on it  Cheesy

However, as usage increases, IF (and it's a big IF) this kind of cheat should become popular (which I don't think, being too risky because it implies you do have a stake in the channel - you're not just stealing someone else's coins), then I'm sure several such services will appear, as the marginal cost of running a patrol service alongside your own LN node is so low as to be negligible. Like buying a cheap lottery ticket. Find a thief, grab some coin. Why not? Let me engage in a flight of fantasy: future LN clients for desktop machines will have patrolling functions included, and there will be a switch NOT to run a patrol service. Working as a part-time guardian will be the default.
full member
Activity: 294
Merit: 125
Alea iacta est
I'm also curious where BTC will be at the end of 2018?

As are we all.

Somebody did a monte carlo simulation based upon a random sampling of daily returns. The center of the probability distribution function was $55.5K.

$55,530 center of distribution
Probability of less than $13K - 9.84%
80% confidence interval: $13,200.00-$271,277.00

You can quibble with the validity of past returns used as a basis for future predictions, but its one analysis.

https://medium.com/@xoelop/weve-simulated-the-bitcoin-price-for-the-whole-2018-you-won-t-believe-the-result-4a602679dac2

That's a pretty solid analysis (bookmarked), $55K is a very realistic prediction. I would only assume that at the end of 2018 $55K wouldn't have been to all time high but still a very good price estimation. At the end of the day it's still educated guessing but it was refreshing to see a HQ price analysis based on raw math.
legendary
Activity: 2520
Merit: 3038
These are the bad posts, jbreher.  Angry

I'll try the homespun solution, install docker and all.

I'd be interested in your Internet bandwidth consumption, should you be wiling to share.
I will post some data, but don't hold your breath. I'll need some free time to install the thing - starting with Docker - and some more to figure out how to measure LN's bandwitdh tax unbundled from bitcoind's base requirements. Got any suggestions?

Now we get to the "bad boy" part.
Quote
My (perhaps flawed) understanding is that in the current implementation, all nodes broadcast all channel state changes to all other nodes. This is necessary, of course, as nobody yet knows how to do decentralized permissionless anonymous path route discovery.
That's incorrect. Nobody yet knows how to do decentralized permissionless anonymous OPTIMAL path route discovery. Heuristic methods with stored forward tables do work reasonably well. Several mesh-like networks work, without a single tear about being suboptimal.

EDIT: not sure, but optimality (or substantial improvements on route length) could be achieved by permissioning just the network-shaping, route discovery functions. Permissions could be earned by showing reliability and revoked for rogue nodes that systematically misreport.

Quote
For those playing along at home, you'll no doubt note that (should my understanding be correct), BW consumption scales at O(n^2).

I'm sure it will improve when the routing invention breakthrough occurs.
Of course - the clueless developers! D'oh, what an unforgivable oversight! The system they implemented is doomed. They chose the SAN (Spam All Network) algorithm for both route discovery and node state update. They slept during their networking lessons, or was it calculus? So they failed to notice that bandwidth grows quadratically with the number of nodes. This way, it's almost as bad as if one increased the block size. But who would ever think of that?

Out of sarcasm: I'll never believe the protocol broadcasts data mindlessly. On TOR transport, link capacity is precious and doesn't get flooded with irrelevant data. I've never studied the matter in detail, but as an informed guess, I'd go for something like neighborhood broadcasting with empirical discovery of TTL (max distance for broadcasting, initially conservatively low). Once you've found a route that works, you keep it until it stops working - or TOR signals it's time to change circuit. Randomized timing etc. are all nice options to obfuscate things a little more and make network analysis harder.
member
Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
Those are the good posts, jbreher.  Grin

there is a reason he isn't on ignore

that and the politeness

Thanks. I try not to inject negativity.

wheres your "crypto-god" ceo now?  Wink weee


jr. member
Activity: 138
Merit: 6
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