Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19783.

rebuilder

legendary

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Quote from: hdbuck on December 10, 2015, 07:01:58 PM

and pepper... http://trilema.com/2015/theres-a-one-bitcoin-reward-for-the-death-of-pieter-wuille-details-below/

Wow. It's been pretty obvious MP is an egomaniac only interested in self-aggrandizement, but I didn't expect his superman syndrome to cloud his judgment quite so far as to publicly offer a death bounty on someone. Unsurprisingly trilema.com is now down, but I checked the cached version of that article and it really is what the URL implies.

This is the kind of thing that gets people locked up.

becoin

legendary

Activity: 3431

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Quote from: Elwar on December 22, 2015, 06:13:33 AM

Very soon libsecp256k1 will be used for verification, which speeds up initial sync time by 400%-700% and reduces CPU load for all full nodes.
A segregated witness softfork will be done ASAP (within 3-6 months, probably). This will at least double the effective transaction capacity (ie. it is equal to or better than BIP 102), and at the same time it will provide features important for safely scaling even more in the future.
There will not be any hardfork for at least the next ~year.
To pave the way for scalable hardfork max block size increases (which will eventually be necessary), and because it is already dearly needed, improved block/tx broadcasting technology such as weak blocks and IBLT will be implemented, hopefully soon after SegWit.
The BIPs necessary for efficient deployment of Lightning are already in the pipeline and should be rolled out in 2016. Lightning will allow for almost all of the security, features, and decentralization of Bitcoin transactions while drastically reducing the number of on-blockchain transactions that each individual will need to perform. This is expected to be the real eventual solution to scaling.

Excellent!
Exactly my vision.

Elwar

legendary

Activity: 3598

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Viva Ut Vivas

So...it seems there is some consensus on the blockchain upgrade.

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-December/011865.html

Capacity increases for the Bitcoin system

Quote

Our recent and current progress has well positioned the Bitcoin ecosystem
to handle its current capacity needs. I think the above sets out some
clear achievable milestones to continue to advance the art in Bitcoin
capacity while putting us in a good position for further improvement and
evolution.

TL;DR: I propose we work immediately towards the segwit 4MB block
soft-fork which increases capacity and scalability, and recent speedups
and incoming relay improvements make segwit a reasonable risk. BIP9
and segwit will also make further improvements easier and faster to
deploy. We’ll continue to set the stage for non-bandwidth-increase-based
scaling, while building additional tools that would make bandwidth
increases safer long term. Further work will prepare Bitcoin for further
increases, which will become possible when justified, while also providing
the groundwork to make them justifiable.

Very soon libsecp256k1 will be used for verification, which speeds up initial sync time by 400%-700% and reduces CPU load for all full nodes.
A segregated witness softfork will be done ASAP (within 3-6 months, probably). This will at least double the effective transaction capacity (ie. it is equal to or better than BIP 102), and at the same time it will provide features important for safely scaling even more in the future.
There will not be any hardfork for at least the next ~year.
To pave the way for scalable hardfork max block size increases (which will eventually be necessary), and because it is already dearly needed, improved block/tx broadcasting technology such as weak blocks and IBLT will be implemented, hopefully soon after SegWit.
The BIPs necessary for efficient deployment of Lightning are already in the pipeline and should be rolled out in 2016. Lightning will allow for almost all of the security, features, and decentralization of Bitcoin transactions while drastically reducing the number of on-blockchain transactions that each individual will need to perform. This is expected to be the real eventual solution to scaling.

kevin08

member

Activity: 62

Merit: 10

Quote from: TERA on December 22, 2015, 01:30:16 AM

Huobi down?

The last trades I can see were four hours ago. If it's not a ticker bug then it's bad news for Houbi traders. Thankfully for them the price hasn't been overly volatile during the lat four hours. If there's a pump or a dump while it's down they might get wiped out.

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

julian071

hero member

Activity: 1132

Merit: 818

http://www.blockex.com/jobs/

"If you see yourself as a talented software engineer who enjoys innovation wants to broaden their horizons we would love to hear from you" [SIC, also a period is missing at the end of the sentence]

I hope they'll pay more attention to detail when handling large sums of money, for their sake....

ErisDiscordia

legendary

Activity: 1133

Merit: 1163

Imposition of ORder = Escalation of Chaos

Quote from: marcus_of_augustus on December 21, 2015, 10:19:36 PM

http://www.space.com/31420-spacex-rocket-landing-success.html

Elon just got himself an immediate $16 million pay day (reusable first stage) and long term big prospects for much cheaper space transport.

exciting development for sure, this is a big step forward in space travel!

ChartBuddy

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Ducky1

hero member

Activity: 966

Merit: 500

📱 CARTESI 📱 INFRASTRUCTURE FOR SCA

Quote from: marcus_of_augustus on December 22, 2015, 03:55:08 AM

Quote from: ?? on ??

People, get on this, it is a possible gamechanger for bitcoin and other digital assets! (therefore speculation is also a proper channel)

It's a professional HFT exchange for digital assets targeting the really large customers like Hedge funds and governments. It's almost ready for launch, and they want to make some buzz. You can support it and get your name on their dedicated backers thank you page while receiving free trade fees. It's not because they need the money, but because they want to spread the word. So please do.

Here is the support page on startjoin:https://www.startjoin.com/DAXP

An their web page: http://www.blockex.com/about/ - as you can see there are professinal bankers, and John Matonis (Bitcoin foundation leader) on the list of Advisors.

Have they got any good hackers on their side ... or will it just be a buggy DDOS crapped-up exchange?

No, these are professionals, and it will be a wall street grade exchange. A whole new ballgame.

TECHNOLOGY
The core of the BlockEx Platform is a Pooled Liquidity Exchange with a lightning-quick High-Frequency matching engine, designed for trading Digital Securities; the new breed of asset class born out of Crypto Currencies . Built to meet the needs of traditional banking institutions, governments, retail trading firms and retail traders; engineered and secured by leading banking security experts.

They have all the funding they need, but want to spread the word as I said.

This just might be the napster moment for crypto.

ChartBuddy

legendary

Activity: 2380

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JayJuanGee

legendary

Activity: 3920

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

Quote from: Hyperjacked on December 21, 2015, 07:49:41 PM

Quote from: JayJuanGee on December 21, 2015, 07:38:51 PM

Quote from: aminorex on December 21, 2015, 06:29:07 PM

Quote from: Fatman3001 on December 09, 2015, 03:25:55 PM

Quote from: aminorex on December 09, 2015, 03:15:08 PM

Monkey vision: Drop towards 390 support intraday, rising trend to continue thereafter on a daily basis, and over the weekend.

You know this is wrong

Monkey now sees at least one week downtrend, 362 support.

Sounds like monkey must have not gotten the memo, or maybe monkey was too busy eating bananas rather than buying BTC back last month when he had several opportunities... or maybe monkey failed to accumulate BTC during a large majority of 2015 while BTC prices were mostly below $300?

Monkey needs to lay down the crack pipe and get the "monkey" off his back...

wait..."who is Monkey"?

In recent times, I had been getting feelings that either monkey is trolling, or monkey had been smoking, as you suggested, some really messed up shit.

in other words, not very solid advice coming from da monkey.

marcus_of_augustus

legendary

Activity: 3920

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Eadem mutata resurgo

Quote from: ?? on ??

People, get on this, it is a possible gamechanger for bitcoin and other digital assets! (therefore speculation is also a proper channel)

It's a professional HFT exchange for digital assets targeting the really large customers like Hedge funds and governments. It's almost ready for launch, and they want to make some buzz. You can support it and get your name on their dedicated backers thank you page while receiving free trade fees. It's not because they need the money, but because they want to spread the word. So please do.

Here is the support page on startjoin:https://www.startjoin.com/DAXP

An their web page: http://www.blockex.com/about/ - as you can see there are professinal bankers, and John Matonis (Bitcoin foundation leader) on the list of Advisors.

Have they got any good hackers on their side ... or will it just be a buggy DDOS crapped-up exchange?

flagpara

full member

Activity: 756

Merit: 100

Quote from: GreekGeek on December 21, 2015, 09:09:35 PM

Dudes this some scary nazi shit Shocked

http://www.newsbtc.com/2015/12/21/danish-government-wants-to-seize-jewelry-and-cash-is-bitcoin-the-solution/

WTF?

WHAT THE ACTUAL FUCK???
Danmark is supposed to be a civilized country!
"Hey dude, you know those people coming from a 4500km far country by feet? Fleeing death, war and horrible poverty? Let's take the few things they may have been able to bring with them. It will help them integrate our society better."

With France becoming a fucking dictatorship, where can I flee? ><
The world is going down so fast...

r0ach

legendary

Activity: 1260

Merit: 1000

Quote from: suda123 on December 22, 2015, 02:23:50 AM

What happens to people who are on welfare or government paid housing for poor people if hyperinflation occurs?

All signs point to deflationary collapse. The govt will then print endless trillions to try and stop it, but none of the money will circulate in local economies. I'm not really sure what happens at that point. I'm guessing a mixture of both. Some things will be getting pumped to the moon while others deflate in price.

It seems like the excess printing would eventually have to spill over to the normal economy, but you can probably collapse before that happens, so their printing basically does nothing in that case.

BitcoinVSfiat

sr. member

Activity: 672

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Dump it hard baby! I need to buy moar.

ChartBuddy

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BlindMayorBitcorn

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Quote from: jbreher on December 22, 2015, 02:35:19 AM

Quote from: suda123 on December 22, 2015, 12:20:51 AM

http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

What the heck does a decades-old report on a theoretical centralized digital cash system have to do with anything?

Cconvert2G36

sr. member

Activity: 392

Merit: 250

Full blocks and rising fees... settlement network here we come, gentlemen.

jbreher

legendary

Activity: 3080

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lose: unfind ... loose: untight

Quote from: suda123 on December 22, 2015, 12:20:51 AM

http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

What the heck does a decades-old report on a theoretical centralized digital cash system have to do with anything?

BlindMayorBitcorn

legendary

Activity: 1260

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Quote from: jbreher on December 21, 2015, 10:01:38 PM

Quote from: BlindMayorBitcorn on December 21, 2015, 07:10:24 PM

Quote from: jbreher on December 21, 2015, 06:53:32 PM

Quote from: BlindMayorBitcorn on December 21, 2015, 06:03:33 PM

@BJA Tim Swanson wrote a paper about how adding exogenous value onto a network that cannot detect and dynamically protect the exogenous value is a bad idea. It was hard to disagree.

Quote

The metacoins and colored coin projects listed above unquestionably increase the social value
of the chain, yet they do not proportionally incentivize security beyond the existing block
reward (seigniorage) subsidy. This could lead to an economic incentive to attack the chain, a
type of fat tail risk that could dramatically impact any layer residing on top of the Bitcoin
network.

I guess I would have thought that would have been self-evident for anybody that pondered the prospect with any seriousness.

So racist. Roll Eyes

whaaaat!?

Because we were both ripping on colored coins... Dumb joke. Tongue

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