the price is pretty stable right now and i think that it is a good thing for now as people can be more sure that they will not lose money
based on what?
...lol...
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19476. (Read 26656893 times)
January 31, 2016, 01:56:48 PM
based on what?
...lol...
January 31, 2016, 01:11:39 PM
This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/
But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes
That's spooky, man.
>“Zombies” in their Google searches.
Because English word?
zombie: About 167,000,000 results (0.45 seconds)
зoмби: About 14,600,000 results (0.43 seconds)
AFAIK, Bitcoin nodes aren't susceptible to this sort of thing, because Bitcoin is a WW¢ (world wide currency!!!1)
If you're suggesting what I think you're suggesting (and I think you are), that the Oxford Internet Institute is somehow involved in the conspiracy to cover-up the swelling zombie populations in places like South America, Africa and Asia, then I agree.
But what does Blockstream have to gain from all of this?
Blockstream absorbs Light and Hedons & excretes Darkness and Dolors. No point in anthropomorphizing it with phrases like "have to gain."
Just basic digestion of nice things and excretion of Hell on Earth, Blockstream simply is.
January 31, 2016, 01:06:00 PM
the price is pretty stable right now and i think that it is a good thing for now as people can be more sure that they will not lose money
January 31, 2016, 01:01:21 PM
January 31, 2016, 12:59:05 PM
This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/
But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes
That's spooky, man.
>“Zombies” in their Google searches.
Because English word?
zombie: About 167,000,000 results (0.45 seconds)
зoмби: About 14,600,000 results (0.43 seconds)
AFAIK, Bitcoin nodes aren't susceptible to this sort of thing, because Bitcoin is a WW¢ (world wide currency!!!1)
If you're suggesting what I think you're suggesting (and I think you are), that the Oxford Internet Institute is somehow involved in the conspiracy to cover-up the swelling zombie populations in places like South America, Africa and Asia, then I agree.
But what does Blockstream have to gain from all of this?
January 31, 2016, 12:58:26 PM
the price fell a little bit and it is stable right now once again, when there will be more movements? i need some action
it's bleeding. There is tension in the market. We could be at the edge of the next bear cycle if this bullrun really dies of like that.
January 31, 2016, 12:51:26 PM
the price fell a little bit and it is stable right now once again, when there will be more movements? i need some action
January 31, 2016, 12:36:27 PM
so, at the map, if korea launch a bomb on US, EU and ... JAP ... you have plenty of nodes on :
- australia
- china
- africa
- and all major island in world with sat. connexion
- australia
- china
- africa
- and all major island in world with sat. connexion
There'll also be a node in North Korea, at least for a few minutes.
January 31, 2016, 12:36:22 PM
This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/
But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes
That's spooky, man.
Because English word?
zombie: About 167,000,000 results (0.45 seconds)
зoмби: About 14,600,000 results (0.43 seconds)
AFAIK, Bitcoin nodes aren't susceptible to this sort of thing, because Bitcoin is a WW¢ (world wide currency!!!1)
January 31, 2016, 12:34:18 PM
But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes
every nodes runs Bitcoin network.
not the group of nodes ...
so, at the map, if korea launch a bomb on US, EU and ... JAP ... you have plenty of nodes on :
- australia
- china
- africa
- and all major island in world with sat. connexion
in internet, you have many sick hole when traffic is shape and ... filtered (country DNS from national ISP for example).
Bitcoin will be never like this.
January 31, 2016, 12:22:08 PM
The $7/tx subsidy only illustrates how ridiculous the coffees-on-the-blockchain idea is, and how critical it is that BTC become high-powered money rather than yet another retail payment rail.
Those four tps are the most precious rare things in existence. The ability to store and/or transfer value quickly, securely, and without permission is unprecedented. A gigawatt is a small price to pay for the provision of such a modern miracle.
[irrelevant vitriol removed for brevity]
Those four tps are the most precious rare things in existence. The ability to store and/or transfer value quickly, securely, and without permission is unprecedented. A gigawatt is a small price to pay for the provision of such a modern miracle.
[irrelevant vitriol removed for brevity]
Posts like this give reminds me we have (some) intelligent people left on the forum. Thank you
The only thing the current subsidised cost-per-transaction shows is that the vast majority of mining profits come from block rewards, with hashrate mainly supported by a steep appreciation in BTC valuation and, presumably, an expectation of similar price trends to continue into the future. The current subsidy-corrected tx cost has hardly anything to do with actual network usage, and is ridiculously high no matter what the optimal use case for BTC ends up being. Unless you can propose a use case where 10% demurrage of wealth yearly is acceptable.
January 31, 2016, 12:16:59 PM
This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/
But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes
That's spooky, man.
i can bet its the same nerd...
January 31, 2016, 12:12:53 PM
This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/
But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes
That's spooky, man.
January 31, 2016, 12:10:23 PM
This map reminds me of: http://nerdapproved.com/misc-weirdness/map-reveals-that-only-the-u-s-europe-japan-care-about-zombies/
But then again, that's a close resemblence of the internet activity map, which overlaps pretty much most internet activity, including bitcoin nodes
January 31, 2016, 12:01:25 PM
January 31, 2016, 11:50:08 AM
Can someone ELI5 why its important for us to have more non-mining nodes in China?
No reason whatsoever that I can see. There is no reason either for a chinese miner to have their nodes in China at all. Could just as easily be hosted on VPS outside the GFC.
January 31, 2016, 11:46:27 AM
Can someone ELI5 why its important for us to have more non-mining nodes in China?
January 31, 2016, 11:42:38 AM
I haven't perused that list for quite some time. It makes for some enlightening reading. 1876 nodes in the US. 96 in China. 3 in the whole of India. Malta has more.
I'd say the low number of reported chinese nodes is due to the version message from bitnodes.21.co:0.1/ not getting through the GFC or the response timing out. Im sure the ones that do respond are cleverly proxy'ed.
There are far fewer full nodes that are actively available, 40% to 60% of the numbers reported - based on the website you have quoted. However, there are also many nodes that people don't list.
https://www.youtube.com/watch?v=RWeIEFBrItE&feature=youtu.be&t=11m0s
January 31, 2016, 11:31:26 AM
What accounts for this?
China has no retailers, no Coinbases, Bitpays, developers or, dare I say it, much emotional investment? It's just exchanges and mining farms.
That was my guess. They don't actually use them. They just make them for us.
January 31, 2016, 11:30:16 AM
What accounts for this?
China has no retailers, no Coinbases, Bitpays, Grayscales, Panteras, developers or, dare I say it, much emotional investment so they'd run a node for altruistic reasons? It's just exchanges and mining farms.
Jump to: