Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22156.

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: JorgeStolfi on April 03, 2015, 10:22:09 AM

Quote from: madmat on April 03, 2015, 09:57:09 AM

This would kill bitcoin value, this is called suicide.

That is the only "defense" I have seen against that "attack". But it is only wishful thinking about how the users and other players would react.

I bet that, if that "attack" were to happen, 99% of the users would not even understand what it means, or care to know. They would just see the notice "new client release available, please upgrade before 01/Mar/2016", and will comply.

Even the ideological bitcoiners who understand and hate the change would comply, and even support the change; because making a fuss about it would be suicide for them.

Just close your eyes and repeat "om mani blockchain hum, bitcoin was meant to have a 25 M BTC cap, the current cap is wrong". After saying it a few thousand times, hopefully your soul will open and you will see the light. Grin

nah.... I disagree, it would be the end of BTC as we know it, and then it would be something else.

Like many many have said before, try it...

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: Ask Ken About Love on April 03, 2015, 10:20:00 AM

Quote from: madmat on April 03, 2015, 09:57:09 AM

Quote from: JorgeStolfi on April 03, 2015, 09:55:12 AM

Quote from: empowering on April 03, 2015, 08:42:58 AM

4) Bitcoin is not a traditional investment, and also the release of new coins is not endless, it is very specific and known values, known by all in advance. No surprises here.

... unless, surprise, the top mining pools decide (with the main developers' blessing) that the next reward halvings need to be postponed for a couple of years, in order to ensure that mining remains profitable and they are not forced to abuse their overwhelming hashpower in nastier ways.

This would kill bitcoin value, this is called suicide.

That well may be, but if you have hangars' worth of gear that could keep mining at a profit @current block reward rate, vs. same hangars worth of gear that's a disposal liability @1/2 the rate... Cheesy

yeah wow.. I am sure the miners have never considered that.

Maybe you should send them a shnappy all points bulletin, cc everyone

I already have the subject title for you as follows:

"SHOCKING NEWSES"

or

"SOME OBVIOUS SHIT YOU HAVE ALREADY THOUGHT OF"

or

"I HATE TO BREAK IT TO YOU MINERS BUT....."

to name but a few.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: madmat on April 03, 2015, 09:57:09 AM

This would kill bitcoin value, this is called suicide.

That is the only "defense" I have seen against that "attack". But it is only wishful thinking about how the users and other players would react.

I bet that, if that "attack" were to happen, 99% of the users would not even understand what it means, or care to know. They would just see the notice "new client release available, please upgrade before 01/Mar/2016", and will comply.

Even the ideological bitcoiners who understand and hate the change would comply, and even support the change; because making a fuss about it would be suicide for them.

Just close your eyes and repeat "om mani blockchain hum, bitcoin was meant to have a 25 M BTC cap, the current cap is wrong". After saying it a few thousand times, hopefully your soul will open and you will see the light. Grin

Ask Ken About Love

newbie

Activity: 56

Merit: 0

Quote from: madmat on April 03, 2015, 09:57:09 AM

Quote from: JorgeStolfi on April 03, 2015, 09:55:12 AM

Quote from: empowering on April 03, 2015, 08:42:58 AM

4) Bitcoin is not a traditional investment, and also the release of new coins is not endless, it is very specific and known values, known by all in advance. No surprises here.

... unless, surprise, the top mining pools decide (with the main developers' blessing) that the next reward halvings need to be postponed for a couple of years, in order to ensure that mining remains profitable and they are not forced to abuse their overwhelming hashpower in nastier ways.

This would kill bitcoin value, this is called suicide.

That well may be, but if you have hangars' worth of gear that could keep mining at a profit @current block reward rate, vs. same hangars worth of gear that's a disposal liability @1/2 the rate... Cheesy

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: empowering on April 03, 2015, 10:08:00 AM

Meh

If I don't see some genuine doom this weekend I'm taking my business elsewhere. Angry

empowering

legendary

Activity: 1078

Merit: 1441

Meh

tarmi

legendary

Activity: 1232

Merit: 1011

Quote from: ?? on ??

I still have hope for 300$ for next week, if price will go down more, I will buy more. I don't sell under 300, selling under 250$ is also crazy.

yes...let's trap more pigs.

come to papa!

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: adamstgBit on April 03, 2015, 09:22:06 AM

lets not forget about the coins i offer for BTC
https://bitcointalksearch.org/topic/physical-bitcoins-wallets-not-loaded-0btc-and-more-368598
when you buy a coin from me you know I do not convert BTC payments to my local currency.

Adam, you should really edit that post before directing your customers to it:

Quote

You can can spend this bitcoin online by pealing off the clear sticker on the back, and redeeming it's Private Key Using MtGox's "Redeem Private Key" feature.

Callahan

full member

Activity: 225

Merit: 100

Quote from: gkv9 on April 03, 2015, 09:51:07 AM

Quote from: Callahan on April 03, 2015, 09:48:17 AM

anyone remember the web with the countdown to the halving?
Thanks

It's http://bitcoinclock.com/ & http://www.bitcoinblockhalf.com/
Just a suggestion, don't mind, I think you should have asked this somewhere else like in Beginners & Help or Bitcoin Discussion...

Thanks!
Im going to save both

Natalia_AnatolioPAMM

full member

Activity: 280

Merit: 100

Quote from: ?? on ??

I still have hope for 300$ for next week, if price will go down more, I will buy more. I don't sell under 300, selling under 250$ is also crazy.

you gotta wait a long long time

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: JorgeStolfi on April 03, 2015, 09:55:12 AM

Quote from: empowering on April 03, 2015, 08:42:58 AM

4) Bitcoin is not a traditional investment, and also the release of new coins is not endless, it is very specific and known values, known by all in advance. No surprises here.

... unless, surprise, the top mining pools decide (with the main developers' blessing) that the next reward halvings need to be postponed for a couple of years, in order to ensure that mining remains profitable and they are not forced to abuse their overwhelming hashpower in nastier ways.

Of course and my government could decide to tax me at 90% on my earnings as of tomorrow too.

what you describe is a scenario that would = me pulling out what I have in BTC and investing it back into other areas.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

madmat

legendary

Activity: 966

Merit: 1000

Quote from: JorgeStolfi on April 03, 2015, 09:55:12 AM

Quote from: empowering on April 03, 2015, 08:42:58 AM

4) Bitcoin is not a traditional investment, and also the release of new coins is not endless, it is very specific and known values, known by all in advance. No surprises here.

... unless, surprise, the top mining pools decide (with the main developers' blessing) that the next reward halvings need to be postponed for a couple of years, in order to ensure that mining remains profitable and they are not forced to abuse their overwhelming hashpower in nastier ways.

This would kill bitcoin value, this is called suicide.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: empowering on April 03, 2015, 08:42:58 AM

4) Bitcoin is not a traditional investment, and also the release of new coins is not endless, it is very specific and known values, known by all in advance. No surprises here.

... unless, surprise, the top mining pools decide (with the main developers' blessing) that the next reward halvings need to be postponed for a couple of years, in order to ensure that mining remains profitable and they are not forced to abuse their overwhelming hashpower in nastier ways.

sporket

sr. member

Activity: 280

Merit: 250

Quote from: gkv9 on April 03, 2015, 09:51:07 AM

Quote from: Callahan on April 03, 2015, 09:48:17 AM

anyone remember the web with the countdown to the halving?
Thanks

It's http://bitcoinclock.com/
Just a suggestion, don't mind, I think you should have asked this somewhere else like in Beginners & Help or Bitcoin Discussion...

Definitely wrong thread--we're working through stages of grief here.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: gkv9 on April 03, 2015, 09:51:07 AM

Quote from: Callahan on April 03, 2015, 09:48:17 AM

anyone remember the web with the countdown to the halving?
Thanks

It's http://bitcoinclock.com/
Just a suggestion, don't mind, I think you should have asked this somewhere else like in Beginners & Help or Bitcoin Discussion...

Isn't it refreshing to find a straightforward question and answer that actually relates to that bitcoin stuff on this thread? First time in a few months for me, but maybe I've been distracted.

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

Quote from: Callahan on April 03, 2015, 09:48:17 AM

anyone remember the web with the countdown to the halving?
Thanks

It's http://bitcoinclock.com/ & http://www.bitcoinblockhalf.com/
Just a suggestion, don't mind, I think you should have asked this somewhere else like in Beginners & Help or Bitcoin Discussion...

Callahan

full member

Activity: 225

Merit: 100

Quote from: gentlemand on April 03, 2015, 09:49:22 AM

Quote from: Callahan on April 03, 2015, 09:48:17 AM

anyone remember the web with the countdown to the halving?
Thanks

http://bitcoinclock.com/

There it is.

Thanks @gentlemand

sporket

sr. member

Activity: 280

Merit: 250

Quote from: adamstgBit on April 03, 2015, 09:45:09 AM

Quote from: sporket on April 03, 2015, 09:41:35 AM

Quote from: adamstgBit on April 03, 2015, 09:22:06 AM

Quote from: sporket on April 03, 2015, 09:13:47 AM

Quote

4) Bitcoin is not a a traditional investment, and also the release of new coins is not endless, it is very specific and known values, known by all in advance. No surprises here.

10% yearly monetary base inflation, with nothing but some drug & CP bazaars for underlying economy, is pretty ridiculous. No, no surprises there, I agree.

lets not forget about the coins i offer for BTC
...

Adam tries to do business with fellow Bitcoiners. Gets robbed Sad

Quote from: adamstgBit on September 11, 2014, 02:40:32 PM

...
he got the letter and claimed it had nothing but the bitcoin business cards which i use to protect the coins in transport, I not sure what happened there, so i gave him a refund.

Next time be more careful, Adam. These people can't be trusted--a veritable viper pit here Angry

you should of seen how badly i got owned when i sold these through ebay/paypal

Well yeah, why would a decent, honest human being want Bitcoin paraphernalia in the first place? Just budding crooks/aspiring drug addicts (who already struck out IRL) Undecided

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: Callahan on April 03, 2015, 09:48:17 AM

anyone remember the web with the countdown to the halving?
Thanks

http://bitcoinclock.com/

There it is.

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