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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22755. (Read 26714890 times)

legendary
Activity: 1078
Merit: 1441
Couldn't that jump have been just a large buy by Kim Dotcom?


It could have been, but then it could have been Bill Gates,

or it could have been Michael Jacksons Dr

Or it could have been Ben Lawsky

Or it could have been King Abdullah II of Jordan

Or it could have been the guy that ran off with Adam Drapers 50K

Or it could have been Mr and Mrs Wattanabi

Or it could have been Justin Ratner

Or it could have been Adam Gubersnoz

Or it could have been Mark Karpeles

Or it could have been Mrs Obama

Or it could have been.........

You get the idea.


Also why would a 50K buy from KimDotcom be "just a large buy"  is he subhuman? or his RMB not as good as the next guys? or are you insinuating that it is "just" the actions of some sort of bulltard millionaire who has no idea what they are up to? hmmmmm?  

(note to all exchanges if Kimmy wants to buy 50K coins, spit in his face and call him a cunt, apparently Jorge says his dollars are not good enough and do not count /j)  Cheesy Cheesy Cheesy Cheesy Cheesy

 
legendary
Activity: 947
Merit: 1008
central banking = outdated protocol
legendary
Activity: 1792
Merit: 1047
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
What is that x60 faster thing any way? How does it effect the protocol?

Gavin was testing his proposed changes, that include increasing the max block size from 1 MB to 20 MB.  He noticed that the nodes  were taking too long (hundreds of milliseconds) to validate a block, even when the node had seen all transactions before and thus did not need to validate them again.  That wasted time impacted the time needed to propagate a block from node to node.  He tweaked and hacked the code until he got that part of the code to run a lot faster, saving some memory too.  That improvement reduced the estimated 1MB-block propagation time, in that easy case, from 600 ms to 10 ms.

Where can one find more info about this?

Gavin tweeted the link to the github page: https://github.com/bitcoin/bitcoin/pull/5835

I can't read code, but this sounds a lot like what he was taking about a few months ago.

https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-169-set-reconciliation-and-the-block-with-gavin-andresen

He's always pushing his 20 MB block agenda, which I'm not thrilled about, but faster propagation should mean less stales for miners on smaller pools (like myself) - might make for less advantage to larger pools which would help decentralization...

The entire reason for a ten minute block target in the first place was to allow enough time for the entire network to reach consensus before moving on to the next block.

Like I said, I can't read the code, but it certainly sounds like a pretty big deal.

Also can't read much of code but, larger block size is a GOOd thing. Why? more hashed information per unit block. Not just for bitcoin transactions, but for any information to be stored in a block and validated by the network. Can't you see why this is a good thing? bitcoin blocks can be used for more thanjust bitcoin transactions. good thing in my books.
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
What is that x60 faster thing any way? How does it effect the protocol?

Gavin was testing his proposed changes, that include increasing the max block size from 1 MB to 20 MB.  He noticed that the nodes  were taking too long (hundreds of milliseconds) to validate a block, even when the node had seen all transactions before and thus did not need to validate them again.  That wasted time impacted the time needed to propagate a block from node to node.  He tweaked and hacked the code until he got that part of the code to run a lot faster, saving some memory too.  That improvement reduced the estimated 1MB-block propagation time, in that easy case, from 600 ms to 10 ms.

Where can one find more info about this?

/r/bitcoin top post..

Thanks, I'm not following Reddit closely, most trolling friendly location on the interwebs.

You should. There is a tonne of valuable  info on /r/Bitcoin comments - if you can sieve out the trolls. just like here.

How do you sieve out the trolls on Reddit? There's no ignore button, and they upvote each other.

Judgement, number of upvotes/downvotes. Maybe not worth the trouble for some
legendary
Activity: 1512
Merit: 1000
@theshmadz
What is that x60 faster thing any way? How does it effect the protocol?

Gavin was testing his proposed changes, that include increasing the max block size from 1 MB to 20 MB.  He noticed that the nodes  were taking too long (hundreds of milliseconds) to validate a block, even when the node had seen all transactions before and thus did not need to validate them again.  That wasted time impacted the time needed to propagate a block from node to node.  He tweaked and hacked the code until he got that part of the code to run a lot faster, saving some memory too.  That improvement reduced the estimated 1MB-block propagation time, in that easy case, from 600 ms to 10 ms.

Where can one find more info about this?

Gavin tweeted the link to the github page: https://github.com/bitcoin/bitcoin/pull/5835

I can't read code, but this sounds a lot like what he was taking about a few months ago.

https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-169-set-reconciliation-and-the-block-with-gavin-andresen

He's always pushing his 20 MB block agenda, which I'm not thrilled about, but faster propagation should mean less stales for miners on smaller pools (like myself) - might make for less advantage to larger pools which would help decentralization...

The entire reason for a ten minute block target in the first place was to allow enough time for the entire network to reach consensus before moving on to the next block.

Like I said, I can't read the code, but it certainly sounds like a pretty big deal.
8up
hero member
Activity: 618
Merit: 500
Expecting price rise to ~$350 - then down to ~$220 revisiting the current level. Time horizon: March to May.

What do you expect?

I expect false expectations Wink

P.S. Don't get me wrong. There's a good chance the price will do what you said Smiley

I can see other options, too Wink It just seems plausible.
8up
hero member
Activity: 618
Merit: 500
Expecting price rise to ~$350 - then down to ~$220 revisiting the current level. Time horizon: March to May.

What do you expect?

I expect the trolling to reduce markedly over the coming months..

I appreciate this.
hero member
Activity: 910
Merit: 1003
Couldn't that jump have been just a large buy by Kim Dotcom?
hero member
Activity: 910
Merit: 1003
What is that x60 faster thing any way? How does it effect the protocol?

Gavin was testing his proposed changes, that include increasing the max block size from 1 MB to 20 MB.  He noticed that the nodes  were taking too long (hundreds of milliseconds) to validate a block, even when the node had seen all transactions before and thus did not need to validate them again.  That wasted time impacted the time needed to propagate a block from node to node.  He tweaked and hacked the code until he got that part of the code to run a lot faster, saving some memory too.  That improvement reduced the estimated 1MB-block propagation time, in that easy case, from 600 ms to 10 ms.

Where can one find more info about this?

Gavin tweeted the link to the github page: https://github.com/bitcoin/bitcoin/pull/5835
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
legendary
Activity: 1260
Merit: 1116
Good morning, Bitcoiners Angry
Thought you could sneak that devious little price pump past me?  Well you didn't!  Nothing gets by me!
Now how about you put that price back down where it belongs, Hmm?



LOL.
Good morning:)
sr. member
Activity: 378
Merit: 254
^I'm really optimistic.  Finally, irrefutable scientific signs of solid trend reversal.



Don't dwell on the past tho, this time moon is a mathematical certainty!
hero member
Activity: 1276
Merit: 622
Expecting price rise to ~$350 - then down to ~$220 revisiting the current level. Time horizon: March to May.

What do you expect?

I expect false expectations Wink

P.S. Don't get me wrong. There's a good chance the price will do what you said Smiley
legendary
Activity: 981
Merit: 1005
No maps for these territories
Hail to the Kim (dot com)

He were always a HUGE guy Wink
legendary
Activity: 1176
Merit: 1000
Expecting price rise to ~$350 - then down to ~$220 revisiting the current level. Time horizon: March to May.

What do you expect?

I expect the trolling to reduce markedly over the coming months..
8up
hero member
Activity: 618
Merit: 500
Expecting price rise to ~$350 - then down to ~$220 revisiting the current level. Time horizon: March to May.

What do you expect?
legendary
Activity: 981
Merit: 1005
No maps for these territories
WTF has happened??

Mega? Bulltrap? MEGABULLTRAP???

LOL, train time!!
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