Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15056. (Read 26713769 times)

Yes, bitcoin is death indeed

Was the death of my 'wage slave' job, I retired yesterday Jan 14th...all due to BTC....living on mining revenue and in HODL mode on BTC and other cryptos...

Spent today, puttering around the house doing chores....been a wage slave so long..kinda clueless on how to approach this...retiring early stuff...

kinda surreal in fact...., on what to do...I've no clue, yet, in that, once you wake up retired...everything suddenly is OPTIONAL..you need to do that day!

....clueless presently...but I'll figure it out!

Here is the chart to show long term how many ounces of gold to buy the DOW.   It does not of course include dividends given for ownership, but still its impressive how often gold proves a better idea then stocks to hold value

Will it be 13k or 1MB blocks first?

It's getting a little bit weird at this point. Since I joined this space there have rarely been periods (atleasy periods that lasted this long) where bitcoin was going kind of sideways in a slightly bearish fashion. Of course we can't forget the gains we've had last year but it still feels so not like bitcoin.

Dear Lord:

They are talking about root SSH to main MtGox server. What an amateur hour that was. Read the whole log if you have the stomach for it:
https://courts.ms.gov/newsite2/appellatecourts/docket/sendPDF.php?f=dc00001_live.SCT.17.M.1681.102741.5.pdf&c=87490&a=N&s=2

[Sun Mar 6 09:45:57 2011] mtgox: do you want the mtgox forum account?
[Sun Mar 6 09:47:35 2011] Mark Karpelès: mh
[Sun Mar 6 09:47:42 2011] Mark Karpelès: I'd guess its email is @mtgox.com
[Sun Mar 6 09:47:56 2011] mtgox: yeah
[Sun Mar 6 09:48:42 2011] Mark Karpelès: ok
[Sun Mar 6 09:48:49 2011] Mark Karpelès: so I can easily reset it anyway
[Sun Mar 6 09:49:04 2011] mtgox: it is just: aaaaaaaa
[Sun Mar 6 09:49:11 2011] Mark Karpelès: heh
[Sun Mar 6 09:49:16 2011] Mark Karpelès: better change that quickly
[Sun Mar 6 09:49:17 2011] Mark Karpelès: :p
[Sun Mar 6 09:49:23 2011] mtgox: heh probably
[Sun Mar 6 09:50:22 2011] Mark Karpelès: done

[Thu Apr 28 08:29:18 2011] Mark Karpelès: we got an incoming $25015.25 wire
[Thu Apr 28 08:29:43 2011] mtgox: in the euro account?
[Thu Apr 28 08:29:46 2011] Mark Karpelès: yours
[Thu Apr 28 08:29:50 2011] Mark Karpelès: US domestic wire
[Thu Apr 28 08:29:57 2011] Mark Karpelès: for account MemoryDealers
[Thu Apr 28 08:30:08 2011] mtgox: ok

Yes. Estimates are the planet can support about 10 billion, which we should reach in about the year 2100.

Breaking 24777$ prediction game      FINAL LIST        

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UPDATE     AND GOOD LUCK

Something's got to give.

Will it be 13k or 1MB blocks first?

Something's got to give.

Will it be 13k or 1MB blocks first?

mtgox: ok I think I'm going to sell off a bunch this weekend. Maybe place a dark buy order around $1.5 just incase others do as well?

Mark Karpelès: I don't see things going down to $1.5 this weekend

Mark Karpelès: maybe $2.2

mtgox: if I sell 20k they will

Mark Karpelès: oh

Mark Karpelès:

mtgox: so put it low enough where I don't hit it

Mark Karpelès: let's say 80k BTC, that's 120k$

Mark Karpelès: let's give gox bot a loan big enough for this

mtgox: ok. maybe better for a new account so the accounting is more clear?

Mark Karpelès: not much of a problem, gox bot's balance is not authoritative anymore anyway

Don't even get me started on some of those youtube accounts. Like those 3 douchenozzles that made their money flipping cars and are suddenly crypto experts and telling people to buy shitcoins like paccoin. When will people stop falling for pump and dump schemes? Bitcoin is king.

the chain is constantly forking which is a huge problem. The forks are caused by a flaw in the SetBestChain logic. PoS blocks of a lower height (aka. blocks that should be less trustworthy and rejected) are being accepted as valid and erasing valid PoW, PoS, and transactions. The net effect is that work is being lost / wasted while older PoS account are benefiting from a reduced coin supply and the ability to wipe out, in some cases, hours or work by other miners. Worse, transactions are being lost into the void. If you scan the block chain manually you can find plenty of transactions that were sent on one chain, then overwritten, and are currently sitting in the chain with 0 confirms despite being valid transactions because they were eaten on a fork. I've seen some for well over a million PAC get lost to the void -- which is a MASSIVE problem.

one theory is that EVERYONE is wrong and that is the ONLY thing driving the price up..    ha ~ just a thought...prolly way off*

But but... farmers in Africa?
But but... the democratic finance that Ver says he dreams of, while Bitcoin forgot it and it's only for the elites?

It's the same concept at the basis of PoW: Working must be hard, checking must be easy. And stay easy.