Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30584.

bitcoinvest

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Quote from: macsga on January 01, 2014, 04:02:50 PM

This is new even for this very thread. Trolling to another level. You people are hilarious... seriously? Do you remember the time that Btcguild was near 50%? There were people that accusing them for attacking the network, so they cut off all their "slow" connections in order to discourage people mining for them. They're in the game because they EARN from it. They don't have to go the other side to make the system fail. Nor it's clever.

Seriously what are you drinking? Grin

+1

OldGeek

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Blitz:The price affects the perception of the news

Meanwhile... MtSux and BTC-e are declining while Stamp doesn't care.

macsga

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Strange, yet attractive.

This is new even for this very thread. Trolling to another level. You people are hilarious... seriously? Do you remember the time that Btcguild was near 50%? There were people that accusing them for attacking the network, so they cut off all their "slow" connections in order to discourage people mining for them. They're in the game because they EARN from it. They don't have to go the other side to make the system fail. Nor it's clever.

Seriously what are you drinking? Grin

ChartBuddy

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Voodah

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Quote from: eleuthria on January 01, 2014, 03:37:19 PM

Quote from: Voodah on January 01, 2014, 03:25:43 PM

Quote from: ?? on ??

what does organofcoti say about this? i highly doubt its 100% true

Quote from: macsga on January 01, 2014, 03:18:16 PM

Voodah, it's just "luck". They're legit and never cheated.

I sincerely hope both of you guys are right..!

I don't really enjoy this at all, and know, calling this out can generate a certain level of hatred by some.

Still, I think we need more transparency.

I'd recommend reading up on things before coming to conclusions and pointing fingers. What you posted is in no way unusual.

Additionally, selfish mining doesn't apply to BTC Guild. As posted above, Selfish Mining is GUARANTEED to noticeably increase the number or orphans on the network. This not only makes it obvious its being done, but BTC Guild *pays for orphans* when its blocks are orphaned. BTC Guild would actually become unprofitable if I ever attempted to do selfish mining because of that simple fact.

You are 100% right. I sincerely apologize to you and BTCGuild.

I would love your input, you do know what you're talking about; how healthy would you rate the network from 0 to 100?

bitcoinvest

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i think trolls have taken this area to influence as much as they can

Happy new year trolls !!! You have 364 days of work ahead!!!! Keep trolling

bitcoinvest

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Quote from: ?? on ??

Quote from: bitcoinvest on January 01, 2014, 03:53:04 PM

Quote from: ?? on ??

Quote from: bitcoinvest on January 01, 2014, 03:42:16 PM

People! Wake up!!!

There are people here that will do everything to make you sell or make you quit the game....

Wake up!!!

The same could be said about the other side.

Quote from: bitcoinvest on January 01, 2014, 03:42:16 PM

People! Wake up!!!

There are people here that will do everything to make you buy or make you join the game....

Wake up!!!

The best advice is to do your own due diligence and not let other people influence your decisions (unless what they are saying happens to be fact)!

And what is the other side? The Goverment? Aliens? illuminati??? xaxaxaxa

come on.....

Huh? You don't know who are the opposite of those telling you to sell?

I think you missed the point.....

spooderman

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Quote from: ?? on ??

Quote from: Voodah on January 01, 2014, 03:49:48 PM

If you guys had to rate the current network health, from 0 to 100, what would it be?

There are two entities controlling over half the network hash rate.

I'd rate it pretty low.

In it's current state it's healthy until it's not.

I would feel much more comfortable if P2Pool was over half the global hash rate.

It just found a block

I dunno how to point my miners at it....is it just the usual bfgminer -o p2poolblahblah -u btc address - p 1 ? Could you point me to a tutorial?

OldGeek

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Blitz:The price affects the perception of the news

Quote from: bitcoinvest on January 01, 2014, 03:42:16 PM

People! Wake up!!!

That ought to get their attention. lol

Seriously tho, I'm fairly certain that BTC Guild has security in place to prevent a ddos, or other nefarious actions, from shutting the pool down. I'm equally certain that eleuthria would not want to specify what those precautions are. A shut down of a major pool would be a serious problem. Let's hope it doesn't happen.

What worries me more is the prospect of a multiplication of transactions hitting the blockchain in a short period of time. I've heard that there are ongoing discussions of increasing the carrying capacity. I fervently hope that improvements come about before some new social product comes on the scene where 750k kids try to buy .0025 BTC to purchase the new gadget. 750k x 2= 1.5 mil transactions. Don't think we can handle that volume now.

spooderman

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Quote from: Voodah on January 01, 2014, 03:49:48 PM

You guys are all right !

Recapping:

1. I'm chewing through organofcorti's stuff. Thanks for that.
2. Should've looked more deeply into BTCGuild's case. After your input I see today is probably more luck related, based on lack of orphans. I do agree however with the statement that "they never cheated" is not enough of an answer. That is conformism (equally bad as my not looking deep enough).
3. None of this absolves Ghash (or other past known cases).
4. Prevention really is better than cure.

If you guys had to rate the current network health, from 0 to 100, what would it be?

0

bitcoinvest

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Quote from: ?? on ??

Quote from: bitcoinvest on January 01, 2014, 03:42:16 PM

People! Wake up!!!

There are people here that will do everything to make you sell or make you quit the game....

Wake up!!!

The same could be said about the other side.

Quote from: bitcoinvest on January 01, 2014, 03:42:16 PM

People! Wake up!!!

There are people here that will do everything to make you buy or make you join the game....

Wake up!!!

The best advice is to do your own due diligence and not let other people influence your decisions (unless what they are saying happens to be fact)!

And what is the other side? The Goverment? Aliens? illuminati??? xaxaxaxa

come on.....

Voodah

sr. member

Activity: 266

Merit: 250

You guys are all right !

Recapping:

1. I'm chewing through organofcorti's stuff. Thanks for that.
2. Should've looked more deeply into BTCGuild's case. After your input I see today is probably more luck related, based on lack of orphans. I do agree however with the statement that "they never cheated" is not enough of an answer. That is conformism (equally bad as my not looking deep enough).
3. None of this absolves Ghash (or other past known cases).
4. Prevention really is better than cure.

If you guys had to rate the current network health, from 0 to 100, what would it be?

pinky

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Merit: 500

Quote from: bitcoinvest on January 01, 2014, 03:42:16 PM

People! Wake up!!!

There are people here that will do everything to make you sell or make you quit the game....

Wake up!!!

...and there are people here that will try to make you buy and never take any profits...

bitcoinvest

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Activity: 1124

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13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X

People! Wake up!!!

There are people here that will do everything to make you sell or make you quit the game....

Wake up!!!

Drabla

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Pecunia non olet

Quote from: macsga on January 01, 2014, 03:18:16 PM

Voodah, it's just "luck". They're legit and never cheated.

Said the turkey, who was fed at this time of the day for all his existence, the day before thanksgiving.

eleuthria

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Quote from: Voodah on January 01, 2014, 03:25:43 PM

Quote from: ?? on ??

what does organofcoti say about this? i highly doubt its 100% true

Quote from: macsga on January 01, 2014, 03:18:16 PM

Voodah, it's just "luck". They're legit and never cheated.

I sincerely hope both of you guys are right..!

I don't really enjoy this at all, and know, calling this out can generate a certain level of hatred by some.

Still, I think we need more transparency.

I'd recommend reading up on things before coming to conclusions and pointing fingers. What you posted is in no way unusual.

Additionally, selfish mining doesn't apply to BTC Guild. As posted above, Selfish Mining is GUARANTEED to noticeably increase the number or orphans on the network. This not only makes it obvious its being done, but BTC Guild *pays for orphans* when its blocks are orphaned. BTC Guild would actually become unprofitable if I ever attempted to do selfish mining because of that simple fact.

OldGeek

sr. member

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Blitz:The price affects the perception of the news

I don't have anything against BTCguild. I have had my miners pointed at them a few times and so far as I can determine everything works.

I changed to Bitparking so I could get the shitcoins along with my btc. Who knows? One of them might buy me a hamburger some day.

The luck factor is crazy. One period I can run for 232 hours without any income. The next thing you know you catch a block in 8 minutes. The gurus say that it all evens out in the long-run. ::shrug::

DieJohnny

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Quote from: macsga on January 01, 2014, 03:18:16 PM

Voodah, it's just "luck". They're legit and never cheated.

Uhhh just reading your post convinces me otherwise.

Since when do the most powerful groups in any organization not take advantage of their power every now and then, even the most "incorruptible"

I have far less belief in human decision making than you do I am afraid.

QuestionAuthority

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You lead and I'll watch you walk away.

Quote from: bitcoinvest on January 01, 2014, 03:17:12 PM

Quote from: ?? on ??

Quote from: Voodah on January 01, 2014, 03:00:58 PM

BTCGuild released 4 blocks in less than 5 minutes, very likely suggesting they are doing Selfish-mining.

This is BAD, BAD VERY BAD. No one is doing shit about mining corruption, currently expanding like a cancer.

I've been following the pools lately:

https://blockchain.info/pools

BTCGuild 28%
Today's evidence points to Corruption.

Ghash.io 24%
Proven corrupt. They sat at 33% just one week ago. These nasty cats are alert, and listening to people's disgust. On Dec 24 they switched off (I was watching the pools graph as it happened) 5% of their power which then instantly reappeared as Unknown. They either sold a part of are just masking it under another private pool. These last couple of days, another 4% chunk moved to (apparently) Eligius.

Unknown 19%
As stated above this secret lot grew by 5% a couple days back. I would assume even more of it is just Ghash's extra power, in hiding..

BROAD LARGE SCALE DISHONEST MINING CORRUPTION

Why are so few people saying anything about this and even less doing something (I know there isn't a clear thing to do tho..)??

How many of the early adopters are in on this? Is this why this is being kept on the low?

We are sitting right now at 52% corrupt network....

what does organofcoti say about this? i highly doubt its 100% true

+1

This series should be required reading for all miners: https://bitcointalksearch.org/topic/neighbourhood-pool-watch-66026

Voodah

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Quote from: ?? on ??

what does organofcoti say about this? i highly doubt its 100% true

Quote from: macsga on January 01, 2014, 03:18:16 PM

Voodah, it's just "luck". They're legit and never cheated.

I sincerely hope both of you guys are right..!

I don't really enjoy this at all, and know, calling this out can generate a certain level of hatred by some.

Still, I think we need more transparency.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30584. (Read 26710372 times)