Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30585.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

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

sr. member

Activity: 266

Merit: 250

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.

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

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

Voodah

sr. member

Activity: 266

Merit: 250

Quote from: solex on January 01, 2014, 03:09:47 PM

You're too smart to jump to conclusions like that. Please study more accurate stats first:

http://blockorigin.pfoe.be/blocklist.php

Kinlo's site checks each pool's websites where blocks are reported and shares paid out.
Blockchain.info attributes unknown/unlabelled blocks to the notifying peer. Remember that there can be many hops between two nodes in the netwrok.

BTC Guild have a long track record of honesty.

I really tried to measure my words regarding BTCGuild, because after all, there is a small probability it is just sheer luck.. but I'm so damn furious about the mining ecosystem and situation that I got overexcited ..

Ultimately you're right, they have the good track record, and I would love it for someone with a better skillset, tools and knowledge to look deeper into this whole thing, but I don't seem to find anyone doing it.

bitcoinvest

legendary

Activity: 1124

Merit: 1000

13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X

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

mskryxz

sr. member

Activity: 433

Merit: 250

Quote from: solex on January 01, 2014, 03:09:47 PM

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....

You're too smart to jump to conclusions like that. Please study more accurate stats first:

http://blockorigin.pfoe.be/blocklist.php

Kinlo's site checks each pool's websites where blocks are reported and shares paid out.
Blockchain attributes unknown/unlabelled blocks to the notifying peer. Remember that there can be many hops between two nodes in the netwrok.

BTC Guild have a long track record of honesty.

What is the Unknown pool?

solex

legendary

Activity: 1078

Merit: 1006

100 satoshis -> ISO code

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....

You're too smart to jump to conclusions like that. Please study more accurate stats first:

http://blockorigin.pfoe.be/blocklist.php

Kinlo's site checks each pool's websites where blocks are reported and shares paid out.
Blockchain.info attributes unknown/unlabelled blocks to the notifying peer. Remember that there can be many hops between two nodes in the netwrok.

BTC Guild have a long track record of honesty.

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

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

...

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....

This will only get worse as the delayed asics hit the miners shelves this month and through May.

Walsoraj

hero member

Activity: 686

Merit: 500

Ultranode

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....

Because the answer to this and all of BTC's other potential problems is the same: Buy more Dogecoin.

Cheesy

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

With all of the 'news' of huge money ready to come on the exchanges comes a small tidbit that many will find bearish:

http://techcrunch.com/2014/01/01/why-i-lost-faith-in-bitcoin-as-a-money-transfer-protocol/

Quote

As long as Bitcoin remains a young and volatile currency, Bitcoin’s mechanisms will remain beautiful on paper. Using it for real world transactions would be crazy, and I think we are still a couple of years away from getting a stable Bitcoin that can be trusted. Until then, using Bitcoin will remain a wild ride — it’s definitely fun, but don’t take Bitcoin seriously just yet.

Voodah

sr. member

Activity: 266

Merit: 250

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....

OldGeek

sr. member

Activity: 266

Merit: 250

Blitz:The price affects the perception of the news

^^ That's one of the reasons I use BTC-e and I live in the US.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

i prefer e.u. or british common law jurisdictions, so bitstamp in slovenia or bitfinex in hong kong get my highest trust rankings. i have always used bitfinex. i do not want a venue which reports on me to the occupation administration of north america. bitstamp has excellent liquidity, and all of it is available on bfx.

DieJohnny

legendary

Activity: 1639

Merit: 1006

Quote from: ?? on ??

Quote from: DieJohnny on January 01, 2014, 11:32:04 AM

Quote from: aminorex on January 01, 2014, 10:31:46 AM

eventually some child of ameratsu with enough yen to turn the crank on the japanese court system will take a civil action against gox so brutal that all the bitcoin and all the goxbux will not suffice to put mr. karpeles back together again, and y'all will be wishing you had picked another venue.

How can I get a subjective ranking of the alternatives...

Here are my top 3 concerns

1. Trust
2. Trust
3. Trust

There is a new option (for Americans) coming very soon that you can trust

Give it a week or so!

Will the announcement be so big I am guaranteed to see it, or do i need to be on an email list?

Richy_T

legendary

Activity: 2674

Merit: 2373

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: JorgeStolfi on January 01, 2014, 11:42:43 AM

The real question is: why is his sand clock leaking?

I wonder that myself. It was just the clipart I found that I liked the best.

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Quote from: Richy_T on January 01, 2014, 12:51:40 PM

Quote from: ?? on ??

Quote from: Voodah on December 31, 2013, 10:30:01 PM

Happy 2014 from Argentina !

Much Fortune !
Such year !
Very exponential !

still want to visit! save a stake and a pretty girl for me!

Are you a vampire goat?

I lold

Richy_T

legendary

Activity: 2674

Merit: 2373

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: ?? on ??

Quote from: Voodah on December 31, 2013, 10:30:01 PM

Happy 2014 from Argentina !

Much Fortune !
Such year !
Very exponential !

still want to visit! save a stake and a pretty girl for me!

Are you a vampire goat?

Richy_T

legendary

Activity: 2674

Merit: 2373

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: ?? on ??

means that in about 4 hours you should see a baby on that chart.

Sorry, that was kinda the plan but it being New Years eve, I spent it AFK

And it would have been at noon UTC when there was no more 2013 left in the world.

theonewhowaskazu

sr. member

Activity: 448

Merit: 250

Quote from: bobdude17 on December 31, 2013, 05:55:18 PM

I wonder how many guys with suits and cellphones are cursing banking hours right now! Cheesy

What is the significance of this comment, or is it just random?

Richy_T

legendary

Activity: 2674

Merit: 2373

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: NewLiberty on December 31, 2013, 05:23:30 PM

Feds don't seem to be doing that either.

It's not likely the someone is going to be kicking down the fed's door and wandering off with their server under their arm either (though hacking or insider stuff could certainly be an issue)

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30585. (Read 26710408 times)