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Whoa boy, BTC tapped $7,000 today, again.
    #25986051 -

:creepylurker:

Sucks not having much fiat to invest in these moments.

Going to be interesting to see what happens in the coming weeks/months.


--------------------
The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February.

https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF

This online first version has been peer-reviewed, accepted and edited,  but not formatted and finalized with corrections from authors and proofreaders

https://www.icandecide.org/

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: HamHead]
    #25986060 -

I always feel it before it jumps but I never care to do anything about it :sad:

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: cannabinated]
    #25986302 -

It really just goes up during international conflict and when markets are down

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: cannabinated]
    #25986305 -

its more useful then gold anyway just not worth the risk even though it will always rebound

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: cannabinated]
    #25986410 -

I'm pretty happy I bought in at around 4k. I predict BTC is going to reach 50000 a coin.


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https://youtu.be/cTsEzmFamZ8

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: YangSupporter]
    #25986414 -

i predict ur a commie

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: cannabinated]
    #25986418 -

cannabinated said:
i predict ur a commie


I don't want to derail this thread if you want to argue head on over to the political discussion. Also cannabinated have you done any crypto investing?


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https://youtu.be/cTsEzmFamZ8

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: YangSupporter]
    #25986422 -

yah i made some monnies

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: cannabinated]
    #25986428 -

cannabinated said:
yah i made some monnies


Hell yea I'm pretty happy so far. I have seen some bitcoin bulls predict up to one million a coin but I don"t think thats realistic unless we get hyper inflation or the world reserve currency becomes bitcoin. I do think we could see 50000 in the next few years.


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https://youtu.be/cTsEzmFamZ8

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: YangSupporter] * 3
    #25986441 -

i put all my monies into enron :frown:


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notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: YangSupporter]
    #25986444 -

it would take ww3 and by then there would be more cryptos ya puppet

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: Mickalopagus]
    #25986445 -

mick said:
i put all my monies into enron :frown:


Oh I've lost my fair share of money back when Colorado legalized I got suckered into putting some thousands into MJNA needless to say I got wrecked. Bitcoin up to 7200!


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https://youtu.be/cTsEzmFamZ8

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: YangSupporter]
    #25986535 -

Jesus fucking H Christ man, just looked at $7,300.

Wonder how long it'll take to reach $20k again.,


--------------------
The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February.

https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF

This online first version has been peer-reviewed, accepted and edited,  but not formatted and finalized with corrections from authors and proofreaders

https://www.icandecide.org/

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: HamHead]
    #25986551 -

it all depends on trump getting a second term

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: HamHead]
    #25986593 -

cannabinated said:
it all depends on trump getting a second term


:notsureif:

HamHead said:
:creepylurker:

Sucks not having much fiat to invest in these moments.

Going to be interesting to see what happens in the coming weeks/months.


My friend was just telling me some interesting news about BTC he has been following. Apparently some group has like 40% of the total BTC so far and is trying to get 50%+ to control over half the BTC chain.

Apparently once someone has control of over half they will be able to do stuff like re write blockchain history, so it sounds like it will no longer be a decentralized currency if they succeed :strokebeard:

I haven't been following closely for awhile, so who knows how true that is. But if it does happen they might be able to artificially inflate the BTC price to insane amounts or exploit artificial drops/rises in value. Hopefully it never happens.


--------------------
Don't worry about me, I've got all that I need. And I'm singing my song to the sky

You know how it feels, With the breeze of the sun in your eyes. Not minding that time's passing by

I've got all and more, My smile, just as before. Is all that I carry with me

I talk to myself, I need nobody else. I'm lost and I'm mine, yes I'm free


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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: musiclover420]
    #25986610 -

its been happening

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: musiclover420] * 2
    #25986683 -

musiclover420 said:
My friend was just telling me some interesting news about BTC he has been following. Apparently some group has like 40% of the total BTC so far and is trying to get 50%+ to control over half the BTC chain.


51% Attack

Definition of 51% Attack
51% attack refers to an attack on a blockchain – usually bitcoin's, for which such an attack is still hypothetical – by a group of miners controlling more than 50% of the network's mining hashrate, or computing power. The attackers would be able to prevent new transactions from gaining confirmations, allowing them to halt payments between some or all users. They would also be able to reverse transactions that were completed while they were in control of the network, meaning they could double-spend coins.

They would almost certainly not be able to create a create new coins or alter old blocks, so a 51% attack would probably not destroy bitcoin or another blockchain-based currency outright, even if it proved highly damaging.

Breaking Down 51% Attack
Bitcoin and other cryptocurrencies are based on blockchains, a form of distributed ledger. These digital files record every transaction made on a cryptocurrency's network and are available to all users – and the general public – for review, meaning that no one can spend a coin twice. (So-called "private blockchains" introduce permissions to prevent certain users of the general public from seeing all the data on a blockchain.)

As its name implies, a blockchain is a chain of blocks, bundles of data that record all completed transactions during a given period of time. For bitcoin, a new block is generated approximately every 10 minutes. Once a block is finalized – "mined," in the jargon – it cannot be altered, since a fraudulent version of the public ledger would quickly be spotted and rejected by the network's users.

However, by controlling the majority of the computing power on the network, an attacker or group of attackers can interfere with the process of recording new blocks. They can prevent other miners from completing blocks, theoretically allowing them to monopolize the mining of new blocks and earn all of the rewards. For bitcoin, the reward is currently 12.5 newly-created bitcoins, though it will eventually drop to zero. They can block other users' transactions. They can send a transaction and then reverse it, making it appear as though they still had the coin they just spent. This vulnerability, known as double-spending, is the digital equivalent of a perfect counterfeit and the basic cryptographic hurdle the blockchain was built to overcome, so a network that allowed for double-spending would quickly suffer a loss of confidence.

Changing historical blocks - transactions locked in prior to the start of the attack - would be extremely difficult even in the event of a 51% attack. The further back the transactions are, the more difficult it would be to change them. It would be impossible to change transactions prior to a checkpoint, past which transactions are hard-coded into bitcoin's software.

On the other hand, a form of a 51% attack is possible with less than 50% of the network's mining power, but with a lower probability of success.


--------------------
The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February.

https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF

This online first version has been peer-reviewed, accepted and edited,  but not formatted and finalized with corrections from authors and proofreaders

https://www.icandecide.org/

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: HamHead]
    #25987029 -

Alt-coins are also on the rise: Litecoin, Ethereum, BCH, Decred, and so on.  Worth considering for those who have missed the BTC train due to limited financial resources.  I think Litecoin is hovering around the 85-$90 price right now... Ethereum Classic is around $6 or so per coin.

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: Asclepius]
    #25987037 -

for some reason I woke up today and said litecoin was at 90 then i saw this thread and check and it was at exactly 90.00

I havent checked in weeks but felt it going up for the past few days

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: cannabinated]
    #25987043 -

I felt my wallet getting fatter.



:yeahthatsright:

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: cannabinated]
    #25987459 -

cannabinated said:
It really just goes up during international conflict and when markets are down



it hit 20k last December when I was in jail which was when alpha went down I think. Wasn't able to keep on the loop but boy was I pissed when I got out. Money straight gone. :sad:


--------------------
Bring your love baby Imma bring my Shame Bring the drugs baby Imma bring my pain


Edited by MrMoon (05/12/19 07:00 AM)

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: HamHead]
    #25987631 -

HamHead said:
Sucks not having much fiat to invest in these moments.





This is true since the ancient Sumerians.


--------------------
Omnicyclion.org
personal empowerment for the world

:nyan: LGBT - Love God Before Tradition :nyan:

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: HamHead]
    #25996233 -

With markets being volatile as they are now, some things never change :awegold:



--------------------
Omnicyclion.org
personal empowerment for the world

:nyan: LGBT - Love God Before Tradition :nyan:

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: Asante]
    #25997238 -

You see the flash crash? Wild times. The btc market is so manipulated it really is the wild west of markets. I couldn't imagine holding any significant wealth in there.


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I was pessimistic in my youth. Now I can just follow the Toronto Raptors.

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Re: Whoa boy, BTC tapped $7,000 today, again. [Re: Ole Field Trashe]
    #25997293 -

Ahab McBathsalts said:
You see the flash crash? Wild times. The btc market is so manipulated it really is the wild west of markets. I couldn't imagine holding any significant wealth in there.


My Spirit Guide advised me to buy a krugerrand for every 10K I made in crypto in case the boom went bust. The boom WENT bust, I pulled out in time to have turned 2 bucks into 5 and I still had the bling from that advice.

If you'd like to take advice from a certified loon's voice in his head: "put some scraps you can spare without care into XLM/STELLAR LUMEN and hold it a few years"


--------------------
Omnicyclion.org
personal empowerment for the world

:nyan: LGBT - Love God Before Tradition :nyan:

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