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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25112. (Read 26634229 times)

legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
Holy Shizzle! Former ATH is back!  Shocked




Who is ATH?
ATH is not a who, but a what. It means All time High.
hero member
Activity: 588
Merit: 500
Hello everybody, i new in here, where price of BTC go next? Should i buy now, or wait one day longer?
Price seems very low right now? I already have 30 but i want more.

Ask ChartBuddy, he seems to be really confident.

Do you have mail adress from Mr./Mrs. Chartbuddy?


Starting to seem like a wall for me.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
Holy Shizzle! Former ATH is back!  Shocked


Question is, why are we not going near 400.
full member
Activity: 224
Merit: 100
legendary
Activity: 1260
Merit: 1002
trust lays in the most powerful network.
250 Ph is not bad.. but bring on the Hexash Era.

exa


hero member
Activity: 588
Merit: 500
Historical moment: I just initiated my very first margin trade order (ever). Grin
I found a few DRK in my local wallet and have been curious how Bitfinex really works from user perspective, so I funded a fresh account with the DRK dust and decided to... probably loose it all on that trade. Grin
(I didn't even care to calculate my probability and my possible profit, just went "all in" with something like 7$. Tongue)
I miss the days when Bitcoin trading was limited to simple exchange.
newbie
Activity: 2
Merit: 0
Hello everybody, i new in here, where price of BTC go next? Should i buy now, or wait one day longer?
Price seems very low right now? I already have 30 but i want more.

Ask ChartBuddy, he seems to be really confident.

Do you have mail adress from Mr./Mrs. Chartbuddy?
newbie
Activity: 12
Merit: 0
So far this weekend has been very uneventful. Where is the trading frenzy?
donator
Activity: 756
Merit: 500
-Bitcoin & Ripple-
In 6months everybody here will buy massively some xrp =D I'm so sure of it ahhaha
sr. member
Activity: 437
Merit: 250
Okay, some good points, thanks!

Does anybody audit some of the bigger mining pools? Are their intentions public?

I really should be doing some research into them but its Saturday and I was hoping to watch some big green candles Sad
hero member
Activity: 504
Merit: 500
Moderator
Holy Shizzle! Former ATH is back!  Shocked

hero member
Activity: 588
Merit: 500
Hello everybody, i new in here, where price of BTC go next? Should i buy now, or wait one day longer?
Price seems very low right now? I already have 30 but i want more.

Ask ChartBuddy, he seems to be really confident.
newbie
Activity: 2
Merit: 0
Hello everybody, i new in here, where price of BTC go next? Should i buy now, or wait one day longer?
Price seems very low right now? I already have 30 but i want more.
legendary
Activity: 1260
Merit: 1002
Can we just limit bitcoin mining to something only standard GPU's can do?
Or at least something everybody with a PC can have a reasonably even share in?
I loved bitcoin years ago because I used to mine myself, and even with only a little reward, it helped me understand it all. But today it is silly unless you can invest 6 figures +++.
And as we push to even faster ASICs there seems to be a trend of centralisation being set up in the bitcoin mining, where one person/group can own a large chunk of hashing power, and this is only getting worse over time.
With this added centralisation comes the added risk of malicious actors and a distrust in the very verification process that is so sound and secure.
Are we looking for a solution to this or is the consensus that it is either inevitable or not a threat?

trust lays in the most powerful network.
250 Ph is not bad.. but bring on the Hexash Era.
hero member
Activity: 910
Merit: 1003
And as we push to even faster ASICs there seems to be a trend of centralisation being set up in the bitcoin mining, where one person/group can own a large chunk of hashing power, and this is only getting worse over time.

With this added centralisation comes the added risk of malicious actors and a distrust in the very verification process that is so sound and secure.

Are we looking for a solution to this or is the consensus that it is either inevitable or not a threat?

AFAIK, the consensus is that it is an inevitable consequence of free and unregulated market, and people are hoping that the worst will not happen.
newbie
Activity: 12
Merit: 0
Can we just limit bitcoin mining to something only standard GPU's can do?

Or at least something everybody with a PC can have a reasonably even share in?

I loved bitcoin years ago because I used to mine myself, and even with only a little reward, it helped me understand it all. But today it is silly unless you can invest 6 figures +++.

And as we push to even faster ASICs there seems to be a trend of centralisation being set up in the bitcoin mining, where one person/group can own a large chunk of hashing power, and this is only getting worse over time.

With this added centralisation comes the added risk of malicious actors and a distrust in the very verification process that is so sound and secure.

Are we looking for a solution to this or is the consensus that it is either inevitable or not a threat?



If you want a coin that does what you describe there are tons of altcoins out there that do just that. I think it is good that there is some centralization in bitcoin mining. I am an electrical engineer and how I view it is when companies push the limits of asics design, it also pushes the limit of other technologies to follow it. If everybody could mine on there own computer then there would be no incentive to come up with more advanced technology to mine.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 437
Merit: 250
Can we just limit bitcoin mining to something only standard GPU's can do?

Or at least something everybody with a PC can have a reasonably even share in?

I loved bitcoin years ago because I used to mine myself, and even with only a little reward, it helped me understand it all. But today it is silly unless you can invest 5 figures +++.

And as we push to even faster ASICs there seems to be a trend of centralisation being set up in the bitcoin mining, where one person/group can own a large chunk of hashing power, and this is only getting worse over time.

With this added centralisation comes the added risk of malicious actors and a distrust in the very verification process that is so sound and secure.

Are we looking for a solution to this or is the consensus that it is either inevitable or not a threat?

legendary
Activity: 1232
Merit: 1011
I must admit you got a hell of a sense of humor.

please continue!
sr. member
Activity: 378
Merit: 254
Cut to
>Dingy motel room, billyjoeallen banging blow and some hooker while screeching
...Central banks print it out of thin air. Other banks create it out of thin air also by fractional lending. Money supply (M3) is growing at an exponential rate and the only real taper is in the bitcoin source code.
Explains everything.
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