Gold collapsing. Bitcoin UP.

[awemany]

@albin: Good catch at the double entendre of 'false flag'. I noticed it as well, but I wasn't yet at the level of full consciousness of this rhetoric trick. I guess all the discussion on reddit wears one down... I suspect a lot of propaganda works also by overloading the bullshit detection circuits.

@Peter R.: Yay! It surely feels like I evoked some kind of response now Great to have him back.

 

[satoshis_sockpuppet]

Seems like a lot of people scent the morning air after ViaBTC's decisions, awemany, ydtm, raisthelimit left their hide-outs.

 

[Mengerian]

Anyone familiar with Mike Hearn's Lighthouse? https://github.com/vinumeris/lighthouse

It makes it possible to set up a transaction, where people can keep adding their inputs to the transaction, and the transaction only becomes valid once the output value reaches a specified threshold.

I was thinking it might be fun if someone would make a similar tool that allows people to craft a transaction that only becomes valid if it reaches a size of >1MB. The transaction could be constructed so that it has no output value, and all the pledges go to the miner's fee.

I'm not sure exactly how feasible this would be, or how to set up the scripts to make this work. But it would be interesting to create a mechanism where people could basically pledge some bitcoin towards a large transaction to incentivize miners to create the first >1MB block.

 

[Norway]

@Mengerian
I'm not sure if it's necessary to do it that complex. I think pools will wait to produce a >1MB block until the time is right. And when the time is right, they will do it. No need for trx-fee bounties etc. But I could be wrong.

EDIT: I think Gavin talked about this way to stimulate miners to lift the limit before.

 

[Norway]

Sold my appartment yesterday, but I don't get the fiat (which I will buy bitcoin with) in 4 weeks. So...

The altruistic part of me wants a hard fork ASAP.

The greedy part of me wants a hard fork after 4 weeks.

Which will it be?

 

[solex]

@Norway, you might want to keep your fiat on the sidelines. During the HF transition there is likely to be some ruckus in the market with coin dumps. Some serious flash-crashes to be gobbled up in that situation.

 

[awemany]

Great, Greg once again on clear display with a blatant and outright, provable lie.

And I also made it a reddit thread.

 

[Norway]

@solex
Sounds like you think it will evolve like the ETH fork (short term). But I think it could be different. An unrestricted bitcoin could take off.

Anyway, I will use the same tactics as allways: Buy as much as you can, as soon as you can.

And don't worry about me. I'm not spending all the money on bitcoin and sleep on the street. I'm buying a house in the woods, a car and some precious metals as well
[doublepost=1476309277][/doublepost]@awemany My god, he behaves like a kid.
[doublepost=1476309609][/doublepost]@sickpig
Did you take a bath the last night in Milan? I did!

 

[AdrianX]

Blockstreamer confirms SegWit will stay at 95% threshold.

these guys totally blowing off the recommendation from @jonny1000 - I have no idea what the threshold should be I know it's unlikely to tiger with less than 51% of hashing power the rest is up to the cartel or users, I know I'm signaling for bigger blocks by running a BU node. and my behavior is destructive to those trying to maintain a cartel.

[doublepost=1476310217][/doublepost]

No that's not how it works. After activation 100% of miners are required to upgrade or their blocks will be orphaned.

Also activation is 95% not 75%. My understanding is most Core devs respect the rights of a 10% miner to veto SegWit.

that sounds like the way cartels manage membership. - nothing soft about those forks for miners those are hard forks.

 

[awemany]

@Norway and everyone: If you are used to python, please do the check yourself (I now posted a pastebin) and confirm that this is the same graph as linked by ydtm on reddit. I think collecting these moments of blatant, outright and clear lies are very important to properly dismantle Greg's influence.

 

[lunar]

Funny how those blockades that were put up to control the debate in r/northcore and BitcointACK are suddenly starting to feel like prison walls. The facts CANNOT be silenced. it's exposing many characters for who they really are, and perhaps why they still use 'Ministry of truth safe spaces' for communication.

Its separation of totalitarian and freethinking mindsets.


comments here:
https://www.reddit.com/r/btc/comments/575psg/id_strongly_recommend_the_bitcoin_unlimited_group/

my favourite

​

To those still struggling with the cognitive dissonance, Zihuatanejo - we need people who can get things done.

 

[lunar]

apologies for the double dosage of cheerleading but Whooop !

Unlimited overtakes Classic, to take second place.

https://coin.dance/nodes

 

[Zarathustra]

Seems like a lot of people scent the morning air after ViaBTC's decisions, awemany, ydtm, raisthelimit left their hide-outs.

Yes, but where are hellobitcoinworld, @Zangelbert Bingledack, @cypherdoc, @rocks? Threatened? Extorted? Or just tired?

 

[jonny1000]

@albin: Good catch at the double entendre of 'false flag'. I noticed it as well, but I wasn't yet at the level of full consciousness of this rhetoric trick

Are you guys aware of this client:

http://bitcointalk.org/index.php?topic=1154520.0;all

A small malicious minority of 1MB supporters released this client to help attack Bitcoin XT. "Not XT" would flag support for XT but not enforce the XT rules, this was an attempted attack on XT. Fortunality these people were persuaded not to run this node. However, amazingly large blockers are apparently doing this to their "own side". I'm my view there are two possible reasons for this.

1. BU supporters have been infultrated by Core extremists

2. BU supporters have a very limited understanding of the situation

In my view reason 2 is not wholly sufficient to explain this. I would therefore advise you all to be careful and cautious.

Fortunality BU has now removed the flag. Please could the people within BU who do understand this please help me out.

 

[Zarathustra]

As for 95%, I just have a different vision. I think once you get to 75% the case you can make to the remaining 20% is quite compelling. Just think of 95% as a tactic to get miner support, with a successful track record. If you do not agree with this, please do not use offensive language like perverted.

Please do not advise me of political correct language usage. You are not my teacher.
Didn't you raise the 95 to 98 in the meantime, when you've been afraid that 95% wouldn't be enough to save the totalitarian Junta - those censorship enthusiasts - from a crushing defeat?

The language of the greatest language artist of all times reloaded. Enjoy::

With this I am at the end (or just at the beginning) and I pronounce my judgment. I condemn Maxwellianism (Blockstreamism). I raise against the Maxwellian Church the most terrible of all accusations that any accuser ever uttered. It is to me the highest of all conceivable corruptions. It has had the will to the last corruption that is even possible. The Maxwellian Church has left nothing untouched by its corruption; it has turned every value into an un-value, every truth into a lie, every integrity into a vileness of the soul. Let anyone dare to speak to me of its "humanitarian" blessings! To abolish any distress ran counter to its deepest advantages: it lived on distress, it created distress to eternalize itself.

This eternal indictment of Maxwellianism I will write on all walls, wherever there are walls—I have letters to make even the blind see.

I call Maxwellianism the one great curse, the one great innermost corruption, the one great instinct of revenge, for which no means is poisonous, stealthy, subterranean, small enough—I call it the one immortal blemish of the whole cryptocurrency space.

 

[Norway]

If anybody has the email Emin Gün Sirer uses today, please PM it to me. I try to get him to Oslo Bitcoin Meetup.

 

[Bagatell]

"War is upon us"

https://forums.prohashing.com/viewtopic.php?f=11&t=968

 

[pekatete]

Method 2: "Low luck miners"
After 300 hours of research, we were finally able to determine how to detect these miners with 1-in-10000 false positives and issue "balance forfeitures" to those miners. Luck immediately returned to 100%

Do share .....

 

[sickpig]

@pekatete

https://forums.prohashing.com/viewtopic.php?f=11&t=968#p4088


edit: /cc @Steve Sokolowski

 

[cliff]

-------------------------------------
Gold collapsing. Bitcoin UP!
-------------------------------------
BTC | XAU (spot) * | COMEX CG1 *
$638.94 | $1,255.25 | $1,257.1
-------------------------------------
BTCswap(BFX - FFR) | BTCswap(Polo)
0.036% | 0.0198%
-------------------------------------
HashRate: 1.83 EH/s
MarketCap: $10,118,852,723
BTC Dominance: 80.9%
Exchange Volume (BTC): $92.88m
Exchange Volume (ALT): $29.79m
Exchange Volume BTC Dominance: 75.7%
Gemini Daily Auction: 1718.56574754 BTC @ 637.95 ($1,096,359.02)
-------------------------------------
GBTC * | SPDR Gold Trust ETF *
$97.25 | $120.02
-------------------------------------
10YR Treas| Copper * | Crude (WTI) *
1.77% | $217.16/lb | $50/barrel

*Indicates price at market opening

-------------------------------------
-------------------------------------

• Mining Centralization: The war on Bitcoin’s mining industry (WallStreetTechnologist)
• War is upon us (ProHashing)
• “Journalism” (Krug)
• Just a comment by Roger Murdock
• The goons and 4channers are panicking

-------------------------------------
-------------------------------------

• China Trade: Another Weak Signal for Global Economy (WSJ)
• Unilever Price Increases Weigh on Demand in Third Quarter (Bloomberg)
• Google and Facebook building super high-speed cable between LA and Hong Kong (CNBC)
• Tim Sloan: The CEO Replacing Wells Fargo’s John Stumpf (WSJ)
• VC funding hits 2-year low, drops 18% to $14.4 billion in North America as unicorns retreat (VentureBeat)
• eBay divests majority of its stake in Latin American ecommerce giant MercadoLibre (VentureBeat)

-------------------------------------
-------------------------------------

• Reclaiming Data Structures with Cycles (Just Software Solutions)
• Making Human Settlement of Space a Reality (NASA)
• Say Cheese: a snapshot of the massive DDoS attacks coming from IoT cameras (Cloudfare Blog)
• Anybody read this book (I may buy it): Phishing for Phools: The Economics of Manipulation and Deception (by George A. Akerlof & Robert J. Shiller)