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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16183. (Read 26725935 times)

legendary
Activity: 1652
Merit: 4393
Be a bank
now you boys are just showing off
hero member
Activity: 1011
Merit: 721
Decentralize everything
legendary
Activity: 1708
Merit: 1049
576BTC wall at bitfinex eaten like snacks  Grin 6600 incoming!

You mean 6666 Cheesy
member
Activity: 232
Merit: 29
And then go out find a cure for cancer or polio or fly a shuttle into space, literally go to the moon.

Dabs: cancer has already been cured: http://www.beating-cancer-gently.com/cancer-treatment-options

And polio as an interesting history as well:
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1383764/
http://www.nbcnews.com/id/21149823/ns/health-infectious_diseases/t/polio-outbreak-sparked-vaccine-experts-say/#.WfnzeVtSyUk

we would go a long way towards a polio cure if we had a healthier skepticism towards vaccines.
full member
Activity: 173
Merit: 108
576BTC wall at bitfinex eaten like snacks  Grin 6600 incoming!

I almost missed it. Choo Choo
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
576BTC wall at bitfinex eaten like snacks  Grin 6600 incoming!
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
Now that they rekt the shorts by conjuring tens of millions of tethers out of thin air they might as well screw the longs as a next step.

legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
I recently heard (cant remember where) that bitcoin is the largest computational achievement in history. Couldn't seem to validate this with a search. Anyone else hear this or have links to articles?

far and away, by orders of magnitude

Quote
Network hashrate is currently around 10 ExaH/s (10,000,000 TH/s) which roughly converts to 127 ZettaFLOPS, though there is no direct conversion between FLOPS (floating point operations per second) and hashes because hashes involve integer operations (whole number math) and FLOPS involving obviously floating point math. Any claim of Bticoin is x flops is simply an approximation of the potential floating point power.

At any rate, far and away the largest computational effort humanity has yet achieved. I do not think "astronomical" is hyperbole in this case.
 

the Bitcoin network dwarfs all extant supercomputers put together



yes, the supercomputers are still measured in PetaFLOP/s (10E15) while bitcoin is running over 100ZettaFLOP/s (10E21) estimated equivalent, believe it or don't, it is true
legendary
Activity: 2758
Merit: 13660
BTC + Crossfit, living life.
With This kind of rising i cannot find a suitable game ..... btc is Going to fast
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
@Bob ... more than a thousand coins?

Yes.

ffs Bob

buy your own ranch, populate it with every 20 something gay cowhand west of the Mississippi and enjoy life in the big house
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
I recently heard (cant remember where) that bitcoin is the largest computational achievement in history. Couldn't seem to validate this with a search. Anyone else hear this or have links to articles?

It's been that way for awhile. I'll look it up, something about distributed computing. I remember when I used to look for digits of pi for free, or folding proteins, or looking for aliens. Just like in bitcoin, it was fun overclocking my 300 mhz Celeron to 350 mhz, then interesting when GPU computing came into the picture, boring when people started farming GPU clusters, and I don't know if ASICs or that other thing FPGA ever got into the picture.

I saw DES get cracked by some 300,000 chips in a few hours, with the help of distributed computers.

The bitcoin network in 2011 was already more powerful than several supercomputers worldwide. Today, its a lot more powerful.

I can't seem to find it right now, I'll go look some more later, or maybe someone else can find it.
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
@Bob ... more than a thousand coins?

Yes.

Yeah! Awesome for you!

That's about how much money Bill Gates said he though most people would need to be comfortable without running a charitable foundation like he does. Or if you have more than 10k BTC, you could be like him and say "I have no use for money. This is God's work." And then go out find a cure for cancer or polio or fly a shuttle into space, literally go to the moon.
legendary
Activity: 1464
Merit: 1136
I recently heard (cant remember where) that bitcoin is the largest computational achievement in history. Couldn't seem to validate this with a search. Anyone else hear this or have links to articles?
full member
Activity: 173
Merit: 108
Lets eat that wall
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*


BTCBTC huge whalezzz involved >.> millins hedge funds Cool weeeee

legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
I love all the talk of early retirement. Cheesy
I'm in my 30s, and I feel too young to retire. Besides, if I wasn't working, I'd just be playing World of Warcraft or something. Maybe 50 would be a good retirement age to shoot for.
legendary
Activity: 3388
Merit: 4775
diamond-handed zealot
If it gets to a point I don't have to work I will spend lots more time with my family like we should all being doing instead of leaving early to go to be a slave and then come back to eat and then go to bed.

Most of the people posting here don't know how it feels to be rich. Sooner than later they'll be tempted to sell their bitcoins to buy their little dreams. Big money will come and buy out all their bitcoins. At the end, rich will be rich again and slaves will be slaves again.


little dreams are all I need my friend, only got about 40 years to live in them
legendary
Activity: 1512
Merit: 1012
It's all about perspective I guess.
I know I'm retiring "soon", just "not yet".
KnowwhatImean ?

Yes ... but working is slavery (except when you grow foods for you and others peoples).

legendary
Activity: 1652
Merit: 4393
Be a bank
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