Though I was thinking about wallets that would process transactions, wouldn't that be quite a speed up? I mean, if everyone with Android phone / laptop, that has wallet on, would process transactions. But afaik a processing/mining node needs to produce block and that is costly, right?
Nope, that wouldn't work I think.
On side note, price is the most stable today compared to last month.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18464. (Read 26713348 times)
July 15, 2016, 12:57:01 PM
July 15, 2016, 12:53:23 PM
Supply reduced by 10400 BTCitcoins since halving!
Just that thought makes the growing pains of miners grow!
I was actually thinking of convincing everyone from a 100 kilometer radius to use their personal computer to start mining and make miners life harder!
Imagine if we could just educate 1 million people with strong personal computers to mine and decrease the supply the big miners receive! That would create an interesting shortage and price spike!
Just that thought makes the growing pains of miners grow!
I was actually thinking of convincing everyone from a 100 kilometer radius to use their personal computer to start mining and make miners life harder!
Imagine if we could just educate 1 million people with strong personal computers to mine and decrease the supply the big miners receive! That would create an interesting shortage and price spike!
With ASICs I don't think it would matter if you convince a whole country to mine with computers, because they would get just a small hashpower and would mine nothing in practice
It is not about the gain! But for many... just like me I keep the computer On and running for 80-90% of the time all month! And even if I get 0.0005 per day or even per week! It would still be worth it.
And having 1 million people doing the same thing ... That would mean 182500 coins per year! ... Who cares? It is just electricity! We pay it anyway! Spiting the mining supply is a good reason enough!
July 15, 2016, 12:37:37 PM
Supply reduced by 10400 BTCitcoins since halving!
Just that thought makes the growing pains of miners grow!
I was actually thinking of convincing everyone from a 100 kilometer radius to use their personal computer to start mining and make miners life harder!
Imagine if we could just educate 1 million people with strong personal computers to mine and decrease the supply the big miners receive! That would create an interesting shortage and price spike!
Just that thought makes the growing pains of miners grow!
I was actually thinking of convincing everyone from a 100 kilometer radius to use their personal computer to start mining and make miners life harder!
Imagine if we could just educate 1 million people with strong personal computers to mine and decrease the supply the big miners receive! That would create an interesting shortage and price spike!
With ASICs I don't think it would matter if you convince a whole country to mine with computers, because they would get just a small hashpower and would mine nothing in practice
July 15, 2016, 11:30:58 AM
Well, the pattern has been weekend pumps, and then there's the Deutsche Bank collapse...
July 15, 2016, 11:13:01 AM
The good professor is petitioning the SEC. Charming. 
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm
That goes a bit further than "skeptic of long term success"...
July 15, 2016, 11:08:27 AM
Supply reduced by 10400 BTCitcoins since halving!
Just that thought makes the growing pains of miners grow!
I was actually thinking of convincing everyone from a 100 kilometer radius to use their personal computer to start mining and make miners life harder!
Imagine if we could just educate 1 million people with strong personal computers to mine and decrease the supply the big miners receive! That would create an interesting shortage and price spike!
Just that thought makes the growing pains of miners grow!
I was actually thinking of convincing everyone from a 100 kilometer radius to use their personal computer to start mining and make miners life harder!
Imagine if we could just educate 1 million people with strong personal computers to mine and decrease the supply the big miners receive! That would create an interesting shortage and price spike!
July 15, 2016, 10:46:29 AM
The good professor is petitioning the SEC. Charming.
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm
I wonder why he didn't include the many instances of BTC price hitting 666 USD and hovering thereabouts.
Perhaps he's a satanist.
July 15, 2016, 10:41:05 AM
Who says mined coins ever see an exchange? Most of these guys are pros who can get more reliable deals elsewhere.
No way I'd want to dick around with wall games if i had massive bills waiting to be paid.
No way I'd want to dick around with wall games if i had massive bills waiting to be paid.
July 15, 2016, 10:40:19 AM
Let's see if the trend of weekend pumps will continue post-halving...
Hopefully. All a bit disappointing looking at the current price after the non event of the halving. I know it takes a few months until there are less coins on the exchanges until we may see a price increase but I expected a pump based on speculation at least.
July 15, 2016, 10:24:05 AM
Does the low volume means no one is spending or buying coins? Also, if the volume is so low why does it not affect the price?
Does this mean people are just hodling?
Just trying to work out the whole low volume thing.
Does this mean people are just hodling?
Just trying to work out the whole low volume thing.
There are around 1600 BTC being generated every day, so people must buy BTC to price don't drop. The miners won't just hodl everything because they have to pay bill and taxes.
And low compared to what?
Volume is lower than before the halving because the halving was a hyped event, now things are back to normal
I think volume will always trend downward in the long run.
because more and more Hodlers
because less and less supply
because more and more direct, BTC <> Property, trades.
of course when price moves 50% up and then 35% down up in a month volume will spike...
July 15, 2016, 09:42:05 AM
Maybe the government's paying him to piss open source projects off to destruction.
It could be an important part of academic research.
It could be an important part of academic research.
Free market in action -- it's a beautiful thing
July 15, 2016, 09:24:47 AM
Maybe the government's paying him to piss open source projects off to destruction.
It could be an important part of academic research.
It could be an important part of academic research.
July 15, 2016, 09:09:21 AM
Man, i wonder if the brazilian government knows it's paying for professional trolling.
Guess those paid shills are a real thing.
Guess those paid shills are a real thing.
That is a good question, to be taken seriously. He does sign his petition with his title and the name of the university he works for. I wonder if said university knows that someone is taking this action in their name.
July 15, 2016, 08:40:30 AM
Let's see if the trend of weekend pumps will continue post-halving...
July 15, 2016, 08:30:29 AM
Man, i wonder if the brazilian government knows it's paying for professional trolling.
Guess those paid shills are a real thing.
Guess those paid shills are a real thing.
July 15, 2016, 08:27:36 AM
The good professor is petitioning the SEC. Charming.
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm
https://www.sec.gov/comments/sr-batsbzx-2016-30/batsbzx201630-2.htm
July 15, 2016, 08:15:25 AM
Why ... yes, yes they did. And not just something, but panic buying due to the halvening.
Sounded pretty fishy to me at the time, too... O well, an expensive lesson in trust.
Who was this? Can you show us the contract?
Hahaha Hamburglar/Lambie you sound like that guy who was "promised there would be moon" by Coinbase and sunk $25k into XBT just before a massive dump, then attempted to sue them for misleading....something
- BayAreaCoins? July 15, 2016, 08:14:05 AM
After today... it might be the last day in history when we see the number 666$ or 4444 Yuan prices in the exchanges! ... Next one might be 666 Euro's but that might be debatable!
July 15, 2016, 08:11:49 AM
And low compared to what?
The past month. $76,807,200 in the past 24hrs. Would have to go back a month to find lower.
Hope this isn't the panic buying I was promised...
Someone promised you something?
Why ... yes, yes they did. And not just something, but panic buying due to the halvening.
Sounded pretty fishy to me at the time, too... O well, an expensive lesson in trust.
Who was this? Can you show us the contract?
Why you want to know? Are you from the government? You have to answer this honestly, or all the evidence you are collecting from me for NASA will be inadmissible, and won't stand up in court.
Are you, or have you ever, worked for the US government, the family of president Obummer, the IRS or any other terrorist gang, any or all branch(es) of the US military–industrial violence complex, or clandestine spying and secret-stealing organization, in full or in part?
You have to legally obligated answer please, war pig.
July 15, 2016, 07:56:56 AM
And low compared to what?
The past month. $76,807,200 in the past 24hrs. Would have to go back a month to find lower.
Hope this isn't the panic buying I was promised...
Someone promised you something?
Why ... yes, yes they did. And not just something, but panic buying due to the halvening.
Sounded pretty fishy to me at the time, too... O well, an expensive lesson in trust.
Who was this? Can you show us the contract?
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