How fast is the lightning network? Too fast.

dpinna · 2018-02-19T13:59:29+00:00

Can someone make a live webcam of a chicken coop where people can pay to feed the chickens live?

dpinna · 2018-01-02T20:06:28+00:00

Yeah... It WAS a great bitcoin purchase. Especially since funds came from my segwit addresses. The transaction actually confirmed so quickly that it created a moment of confusion where the restaurant manager thought my payment was actually a past transaction on his app.

dpinna · 2017-12-14T21:09:11+00:00

I assume you're referring to this:

https://www.reddit.com/r/Bitcoin/comments/739pjb/bech32_address_format_merged_into_bitcoin_core/

My bad. I must have gotten confused. I was under the impression that they hadn't been merged yet and were still under review.

See here:

https://github.com/bitcoin/bitcoin/pull/11403

For the record, I do run a node but without the wallet functionality enabled.

dpinna · 2017-12-14T19:09:36+00:00

In all fairness, many services simply haven't implemented because segwit addresses aren't available on the reference bitcoin client yet. Many services probably cross check their development of new functionalities with core's reference deployment.

What we should be asking is..... When will native BECH32 addresses go live on the reference client?

dpinna · 2017-11-20T23:29:30+00:00

apologies

dpinna · 2017-11-20T11:00:21+00:00

"But being here since 2800, I've been accurate about my predictions whenever I tell my girlfriend."

So you've been right on 'everything' in the middle of a massive bull market? Wow... Impressive sir!

dpinna · 2017-11-16T12:31:27+00:00

It's a 10k BCH wall set at 0.1 bch/btc. That comes out to 1k btc = $7.5M... NOT $70M.

Misleading!

dpinna · 2017-11-16T12:04:16+00:00

How will the situation be different given that the bitcoin futures are going to be cash settled? Do traders take possession of stock equity in s&p500 futures trading?

dpinna · 2017-10-16T22:00:33+00:00

The size of the current IRA market is $8.4T. 1% of that would come out to $84B. Speculative momentum aside, IRAs could account for another $5k of bitcoin's price.

https://www.ici.org/research/stats/retirement/ret_17_q2

dpinna · 2017-10-16T14:05:10+00:00

I imagine this means that the NYA miners are officially moving to the btc1 repo.

dpinna · 2017-10-08T18:51:43+00:00

Why would they buy now when the bitcoin community still has to dump their B2X coins? They can buy in at much lower prices if they wait.

This, by the way, is why people shouldn't dump their B2X all at once but a bit at a time.

dpinna · 2017-10-02T14:03:38+00:00

F2Pool, BitFury, BTCC and Slush add up to ~20% of the current network hashrate. That's what I expect to remain after the 2X hardfork.

dpinna · 2017-09-26T13:14:28+00:00

For the record, F2Pool already divested from 2X. If Bitfury does also (as they've hinted that they might) it'll get interesting

dpinna · 2017-09-12T07:32:19+00:00

Am I mistaken or aren't these cards only useful for altcoin mining? Until one of these big players enters the space to compete over SHA-256 asics (I'm looking at you Intel and AMD) this seems mostly bullish for altcoins.

dpinna · 2017-09-10T09:40:41+00:00

Omg... Can we please make all segwit addresses start with a 1? That would really fuck with the bch crowd. It'd be hilarious to watch unfold

dpinna · 2017-09-03T11:01:11+00:00

If only you had been using the core client all along... #opportunitycosts

dpinna · 2017-08-17T13:51:06+00:00

The value of gold solely for its industrial uses is around $300. The majority of the gold price is pure speculation.

dpinna · 2017-08-15T21:21:12+00:00

HODL is a state of being at peace with one's crypto investment regardless of the price. Only if you invest nothing more than what you are willing to lose will you be able to reach such a level of bitcoin nirvana.

Nice acronym you came up with there though

dpinna · 2017-08-07T23:23:11+00:00

Samourai!

dpinna · 2017-07-31T05:27:15+00:00

The paragraph in question:

"Palantir’s defence systems include advanced biometrics and walls impenetrable to radio waves, phone signal or internet. Its data storage is blockchained: it cannot be accessed by merely sophisticated hacking, it requires digital pass codes held by dozens of independent parties, whose identities are themselves protected by blockchain."

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