Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19376.

TReano

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Activity: 448

Merit: 256

Quote from: mymenace on February 11, 2016, 01:33:29 PM

Quote from: TReano on February 11, 2016, 01:29:15 PM

Oh boy..

https://twitter.com/AFP/status/697845738252935169

This should only fuel the panic in the markets. Be careful with your investments guys.

Saudi and Turkey planning to put ground troops in Syria, who i believe are opposed to Iran and Russia

http://www.aljazeera.com/news/2016/02/general-saudi-arabia-set-deploy-troops-syria-160205042542486.html

http://www.ft.com/cms/s/0/2c06c718-cf28-11e5-92a1-c5e23ef99c77.html#axzz3zsyB0600

Yea it might not be in the mainstream media but the world is really at the edge of something really really bad.

Hopefully the ruling persons do not make fatal decision.
If the retard Saudis want to start a World War, leave them alone and let them be crushed by Russia.

Also I guess the recent drop in Stocks / Spikes in Gold are just the beginning. There is much much more downside in the stock markets.

I mean the S&P500 was at 700 points at the financial crises in 2008. So if this strikes we could see over a 60% drop. This will likely get much worse then in 2008.

mymenace

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Smile

Quote from: ChartBuddy on February 11, 2016, 01:01:22 PM

Coin

Explanation

Quote from: mymenace on February 11, 2016, 01:33:29 PM

Quote from: TReano on February 11, 2016, 01:29:15 PM

Oh boy..

https://twitter.com/AFP/status/697845738252935169

This should only fuel the panic in the markets. Be careful with your investments guys.

Saudi and Turkey planning to put ground troops in Syria, who i believe are opposed to Iran and Russia

http://www.aljazeera.com/news/2016/02/general-saudi-arabia-set-deploy-troops-syria-160205042542486.html

http://www.ft.com/cms/s/0/2c06c718-cf28-11e5-92a1-c5e23ef99c77.html#axzz3zsyB0600

Quote from: mymenace on February 11, 2016, 01:29:38 PM

Quote from: marcus_of_augustus on February 11, 2016, 04:30:32 AM

Greece was the fore-runner, the next phase is bank runs in Italy as depositors realise that they are unsafe with bail-ins and non-performing loans exceeeding 17-25% of all loans.

Italy banking crises will now become the focus and will cause monetary crisis to quickly go global.

has it already begun

http://www.examiner.com/article/italy-bank-runs-could-be-the-northern-rock-signal-of-global-financial-meltdown

so much instability lets see how it does affect markets

mymenace

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Activity: 1596

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Smile

Quote from: TReano on February 11, 2016, 01:29:15 PM

Oh boy..

https://twitter.com/AFP/status/697845738252935169

This should only fuel the panic in the markets. Be careful with your investments guys.

Saudi and Turkey planning to put ground troops in Syria, who i believe are opposed to Iran and Russia

http://www.aljazeera.com/news/2016/02/general-saudi-arabia-set-deploy-troops-syria-160205042542486.html

http://www.ft.com/cms/s/0/2c06c718-cf28-11e5-92a1-c5e23ef99c77.html#axzz3zsyB0600

mymenace

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Activity: 1596

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Smile

Quote from: marcus_of_augustus on February 11, 2016, 04:30:32 AM

Greece was the fore-runner, the next phase is bank runs in Italy as depositors realise that they are unsafe with bail-ins and non-performing loans exceeeding 17-25% of all loans.

Italy banking crises will now become the focus and will cause monetary crisis to quickly go global.

has it already begun

http://www.examiner.com/article/italy-bank-runs-could-be-the-northern-rock-signal-of-global-financial-meltdown

TReano

sr. member

Activity: 448

Merit: 256

Oh boy..

https://twitter.com/AFP/status/697845738252935169

This should only fuel the panic in the markets. Be careful with your investments guys.

gentlemand

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Merit: 3015

Welt Am Draht

Quote from: Fatman3001 on February 11, 2016, 01:05:39 PM

link please

It's in the works. I'm currently recruiting most of JPL and Nasa's staff to complete the project. I'll award you the honour of the first beta test.

Fatman3001

legendary

Activity: 1554

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Make Bitcoin glow with ENIAC

Quote from: gentlemand on February 11, 2016, 12:55:49 PM

Quote from: var53 on February 11, 2016, 12:52:15 PM

That was obvious once they gave up trying to make CPUs run faster and started cramming more and more cores into computers. I remember when each year the latest CPU's speed was far faster than the previous year's model. Over the last few years I haven't noticed any dramatically faster CPUs on the market.

My laptop's seven or so years old and I can't detect much or any improvement in the stuff on the market now unless you're spending big bucks. I guess the development'll go into size and efficiency now.

It's similar to technology overall. In the 1960s we were looking forward to going on holiday around Jupiter. Instead we get phones that can record the decibel levels of our farts while we sleep.

link please

AlexGR

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Activity: 1708

Merit: 1049

Quote from: var53 on February 11, 2016, 12:52:15 PM

Quote from: hdbuck on February 11, 2016, 12:30:38 PM

Quote from: BlindMayorBitcorn on February 11, 2016, 12:16:56 PM

Next month, the worldwide semiconductor industry will formally acknowledge what has become increasingly obvious to everyone involved: Moore's law, the principle that has powered the information-technology revolution since the 1960s, is nearing its end.

http://www.nature.com/news/the-chips-are-down-for-moore-s-law-1.19338

but.. but technology must go forward for bitcoin to scale to 100GB block size Cry

That was obvious once they gave up trying to make CPUs run faster and started cramming more and more cores into computers. I remember when each year the latest CPU's speed was far faster than the previous year's model. Over the last few years I haven't noticed any dramatically faster CPUs on the market.

GPUs have a lot of untapped (general processing) potential and since they excel in certain things that can be parallel-processed, they could be an ideal match for Bitcoin software. Bitcoin used them once for mining, perhaps they will be used again for processing / validating transactions. So in terms of processing power we can do "leaps" in short time frames. I don't know if the same can be said for networks and storage though.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

gentlemand

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Activity: 2590

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Welt Am Draht

Quote from: var53 on February 11, 2016, 12:52:15 PM

That was obvious once they gave up trying to make CPUs run faster and started cramming more and more cores into computers. I remember when each year the latest CPU's speed was far faster than the previous year's model. Over the last few years I haven't noticed any dramatically faster CPUs on the market.

My laptop's seven or so years old and I can't detect much or any improvement in the stuff on the market now unless you're spending big bucks. I guess the development'll go into size and efficiency now.

It's similar to technology overall. In the 1960s we were looking forward to going on holiday around Jupiter. Instead we get phones that can record the decibel levels of our farts while we sleep.

var53

sr. member

Activity: 345

Merit: 250

Quote from: hdbuck on February 11, 2016, 12:30:38 PM

Quote from: BlindMayorBitcorn on February 11, 2016, 12:16:56 PM

Next month, the worldwide semiconductor industry will formally acknowledge what has become increasingly obvious to everyone involved: Moore's law, the principle that has powered the information-technology revolution since the 1960s, is nearing its end.

http://www.nature.com/news/the-chips-are-down-for-moore-s-law-1.19338

but.. but technology must go forward for bitcoin to scale to 100GB block size Cry

That was obvious once they gave up trying to make CPUs run faster and started cramming more and more cores into computers. I remember when each year the latest CPU's speed was far faster than the previous year's model. Over the last few years I haven't noticed any dramatically faster CPUs on the market.

bargainbin

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Quote from: Mrpumperitis on February 11, 2016, 12:30:16 PM

http://www.coindesk.com/bitcoin-classic-publish-code-block-size/
Overall, the debate has proven to be as acrimonious as it has been divisive. Accusations that Bitcoin Classic essentially constitutes a coup, as well as allegations that Bitcoin Core is acting at the behest of the startup Blockstream, have thus far colored the nature of the debate in recent weeks.

Enjoying this SO0o00 much you guys!
So happy to be a part of this paradigm shift, to witness & document this disruption for posterity!

AlexGR

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Quote from: Dotto on February 11, 2016, 09:26:54 AM

Just curiosity. Does ETH has scalability issues? Same as BTC or different? And monero?

Some link pinpointing to it?

https://github.com/ethereum/wiki/blob/6cb2fe00a61273b1b3807bf16d5ac6e51b690826/pages/white-paper/%5Benglish%5D-white-paper.md

"One common concern about Ethereum is the issue of scalability. Like Bitcoin, Ethereum suffers from the flaw that every transaction needs to be processed by every node in the network. With Bitcoin, the size of the current blockchain rests at about 15 GB, growing by about 1 MB per hour. If the Bitcoin network were to process Visa's 2000 transactions per second, it would grow by 1 MB per three seconds (1 GB per hour, 8 TB per year). Ethereum is likely to suffer a similar growth pattern, worsened by the fact that there will be many applications on top of the Ethereum blockchain instead of just a currency as is the case with Bitcoin, but ameliorated by the fact that Ethereum full nodes need to store just the state instead of the entire blockchain history."

Fatman3001

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Make Bitcoin glow with ENIAC

Quote from: BlindMayorBitcorn on February 11, 2016, 12:37:41 PM

Quote from: Fatman3001 on February 11, 2016, 12:34:47 PM

Quote from: Mrpumperitis on February 11, 2016, 12:30:16 PM

http://www.coindesk.com/bitcoin-classic-publish-code-block-size/
Overall, the debate has proven to be as acrimonious as it has been divisive. Accusations that Bitcoin Classic essentially constitutes a coup, as well as allegations that Bitcoin Core is acting at the behest of the startup Blockstream, have thus far colored the nature of the debate in recent weeks.

Today’s release is unlikely to change this state of affairs.

Perhaps, but it does end the uncertainty.

Ether up another 25% today. Is this you doing this??

JayJuanGee

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Activity: 3920

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: hdbuck on February 11, 2016, 12:30:38 PM

Quote from: BlindMayorBitcorn on February 11, 2016, 12:16:56 PM

Next month, the worldwide semiconductor industry will formally acknowledge what has become increasingly obvious to everyone involved: Moore's law, the principle that has powered the information-technology revolution since the 1960s, is nearing its end.

http://www.nature.com/news/the-chips-are-down-for-moore-s-law-1.19338

but.. but technology must go forward for bitcoin to scale to 100GB block size Cry

Even if there are various physical limits and even limits in other theoretical alternatives in current technologies, there seems to remain a whole hellava lot of potential for how existing technologies are strung together and implementations.

For example, cryptocurrencies are going to bring a lot of new implementations of already existing physical technologies

BlindMayorBitcorn

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Quote from: Fatman3001 on February 11, 2016, 12:34:47 PM

Quote from: Mrpumperitis on February 11, 2016, 12:30:16 PM

http://www.coindesk.com/bitcoin-classic-publish-code-block-size/
Overall, the debate has proven to be as acrimonious as it has been divisive. Accusations that Bitcoin Classic essentially constitutes a coup, as well as allegations that Bitcoin Core is acting at the behest of the startup Blockstream, have thus far colored the nature of the debate in recent weeks.

Today’s release is unlikely to change this state of affairs.

Perhaps, but it does end the uncertainty.

Ether up another 25% today. Is this you doing this??

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: Mrpumperitis on February 11, 2016, 12:30:16 PM

http://www.coindesk.com/bitcoin-classic-publish-code-block-size/
Overall, the debate has proven to be as acrimonious as it has been divisive. Accusations that Bitcoin Classic essentially constitutes a coup, as well as allegations that Bitcoin Core is acting at the behest of the startup Blockstream, have thus far colored the nature of the debate in recent weeks.

Today’s release is unlikely to change this state of affairs.

Perhaps, but it does end the uncertainty.

hdbuck

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Activity: 1260

Merit: 1002

Quote from: BlindMayorBitcorn on February 11, 2016, 12:16:56 PM

Next month, the worldwide semiconductor industry will formally acknowledge what has become increasingly obvious to everyone involved: Moore's law, the principle that has powered the information-technology revolution since the 1960s, is nearing its end.

http://www.nature.com/news/the-chips-are-down-for-moore-s-law-1.19338

but.. but technology must go forward for bitcoin to scale to 100GB block size Cry

Mrpumperitis

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Activity: 2758

Merit: 1075

http://www.coindesk.com/bitcoin-classic-publish-code-block-size/
Overall, the debate has proven to be as acrimonious as it has been divisive. Accusations that Bitcoin Classic essentially constitutes a coup, as well as allegations that Bitcoin Core is acting at the behest of the startup Blockstream, have thus far colored the nature of the debate in recent weeks.

Today’s release is unlikely to change this state of affairs.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Next month, the worldwide semiconductor industry will formally acknowledge what has become increasingly obvious to everyone involved: Moore's law, the principle that has powered the information-technology revolution since the 1960s, is nearing its end.

http://www.nature.com/news/the-chips-are-down-for-moore-s-law-1.19338

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