log☇︎
994200+ entries in 0.561s
thestringpuller: but I would bet that out of these 200 hypothetical transactions, 99% of them would have paid some kind of miner's fee
thestringpuller: the fees will likely not go up to .125
thestringpuller: so out of 1200 average txn's
thestringpuller: that's 6 times the txn's
smickles: if there are an average of 200 txns in a block, they't have to pay .125 btc to make up for the reward drop
thestringpuller: that would be grounds for miners to exclude a lot of transaction
thestringpuller: maybe there is something to the prediction of transaction fees increasing every reward drop
smickles: and i don't care if the asics come the next day
smickles: any time the diff can't drop fast enough, we'll see 1hr+ blocks all the f'ing time
thestringpuller: won't asic equipment entering the mainstream correct that drop though?
smickles: I wonder if enough are exiting that the diff won't drop fast enough
thestringpuller: maybe the majority will stick it out
smickles: ).( woops, i read that as exicted
thestringpuller: so it will likely be harder to enter the mining realm now than it was before
thestringpuller: the whole exiting the game
thestringpuller: not on a large scale, this was a small sample set
smickles: surely they would
smickles: have any pool announced that tho?
thestringpuller: perhaps it will be harder to get transactions quickly into blocks since miners will demand more network fees
thestringpuller: some miners I talked to stated they were exiting the mining game after the reward drop cause the ROI is too high for the equipment
thestringpuller: from the ground up
thestringpuller: we had to rebuild
smickles: we were boned by that
smickles: you think there is any significant chance?
smickles: oh, it means we have a rational market which already fully priced in the reward change @.@
thestringpuller: if the world ends on the 21st I'ma be mad for the sole reason I didn't get to play GTA V
thestringpuller: that will be gradual though
smickles: maybe the effect will be that the asks just don't fill in like they used to over time
smickles: so... we can at least saw it wasn't a suddent reaction to the reward drop
gribble: BTCUSD ticker | Best bid: 12.29999, Best ask: 12.30000, Bid-ask spread: 0.00001, Last trade: 12.30000, 24 hour volume: 28132.92143566, 24 hour low: 11.91301, 24 hour high: 12.40712, 24 hour vwap: 12.22246
Diablo-D3: wanted to see if I could get a block in before the reward half
smickles: Diablo-D3: why'd you switch away from p2pool in the first place?
thestringpuller: cause he poppin dem bandz when he go to the club
thestringpuller: that's what I expect mircea to have in his house
Diablo-D3: I switched back to mining on p2pool
smickles: how about that
gribble: Estimated time of bitcoin block reward halving: Fri Nov 25 23:09:09 2016 UTC | Time remaining: 3 years, 51 weeks, 6 days, 5 hours, 50 minutes, and 0 seconds.
smickles: howdy thestringpuller :)
smickles: oh, and interest is cfo on both sides, i think, because you didn't *raise* money by taking a loan
smickles: also, there's trickyness in that you receive dividens from others in cfo, but you pay your difidends in cff
smickles: CFF is most anything related to how the company raised money
smickles: CFO for TacoBell is selling tacos, not making interest on their cash balance
smickles: CFO is for is the main 'thing' that the business makes money at
smickles: copumpkin: that directly relates to the sort of business in question
mod6: jcpham: *shrug* they're talking about that in #bitcoin-otc
mod6: ^^^ sounds like many people tried to send there to sign the block or something
mod6: (08:33) < tyfaust> Block 210000: Generation: 25 + 13.56295554 total fees.... why so much in fees? It is the most I have seen in fees for any block.
mod6: you tried to send on block 210000?
gribble: Estimated time of bitcoin block reward halving: Fri Nov 25 23:50:24 2016 UTC | Time remaining: 3 years, 51 weeks, 6 days, 7 hours, 20 minutes, and 0 seconds.
gribble: BTCUSD ticker | Best bid: 12.22302, Best ask: 12.31997, Bid-ask spread: 0.09695, Last trade: 12.31997, 24 hour volume: 28072.54106340, 24 hour low: 11.91301, 24 hour high: 12.40712, 24 hour vwap: 12.21514
assbot: Provide ticker.
pigeons: i'm sure it's fine, just interesting to me
pigeons: just interesting. i want to start a risky biz, "totally anonymous" cards, i'm disabled and unemployed, can't get my paperwork to verify
kakobrekla: bout 2.5 times normal traffic? :)
thestringpuller: so you may see a spike in trade volume soon which I suppose would cause volatility
thestringpuller: but with half reward some of them just want out
thestringpuller: they do this quarterly liquidation thing
thestringpuller: not the big ones
jurov: what volatility? like, halfreward should cause eveyone to run around like chicken?
thestringpuller: let the volatility begin
gribble: BTCUSD ticker | Best bid: 12.31595, Best ask: 12.31596, Bid-ask spread: 0.00001, Last trade: 12.31596, 24 hour volume: 28954.59343935, 24 hour low: 11.91301, 24 hour high: 12.40712, 24 hour vwap: 12.21012
gribble: Estimated time of bitcoin block reward halving: Fri Nov 25 23:33:36 2016 UTC | Time remaining: 3 years, 51 weeks, 6 days, 7 hours, 30 minutes, and 0 seconds.
Chaang-Noi: pigeons are you interested in buying TRC, or did you just want a few coins for the novelty?
Ukto: i havent even been able to get sanz to reply to me
jurov: for me the day D is the Last Friday 30th
jurov: at least for you the waiting is over
EskimoBob: but thank, I'll name it "jurov"
jurov: i'm in a different kind of "mining", tho.
EskimoBob: I bet no one predicted that in March
kakobrekla: i think diff will drop
EskimoBob: so, 300% this year?
EskimoBob: and the the blchain gets forked and puff... it's all gone
jurov: 2 to go
EskimoBob: tick fkn tack ...
EskimoBob: 3 to go
jurov: oh, still 3 blocks to go?
gribble: Estimated time of bitcoin block reward halving: Wed Nov 28 15:11:59 2012 UTC | Time remaining: 30 minutes and 0 seconds.
EskimoBob: I bet, out there is a pervert or two who are going to whip themselves with LAN cables on that sad sad day
gribble: Estimated time of bitcoin block reward halving: Wed Nov 28 15:12:38 2012 UTC | Time remaining: 40 minutes and 0 seconds.
EskimoBob: because this is going to be a sad day for most of the miners, I recommend you to send me your first mined coin. Then at least someone is happy -> 15WLztstXkfybemi9Ecd9FQ4vt6wiJjN6b .. and you will feel better too ... LOL
Ukto: the one that will zoom and do a full per-trades, is nice, but doesnt load on mobile
Ukto: i think ppl want actual trades
gribble: Estimated time of bitcoin block reward halving: Wed Nov 28 15:24:49 2012 UTC | Time remaining: 1 hour and 0 seconds.
EskimoBob: at least they used to have automatic switching
EskimoBob: and if I am correct, this will switch lotsof miners over to LTC or PPC
gribble: Estimated time of bitcoin block reward halving: Wed Nov 28 15:10:08 2012 UTC | Time remaining: 1 hour and 0 seconds.
Chaang-Noi: i might be able to hit 2 G
EskimoBob: I can only do about 355.0Mh/s and this is a joke :)
Chaang-Noi: thailand is not the best place in the world to mine :/
gribble: Estimated time of bitcoin block reward halving: Wed Nov 28 15:16:58 2012 UTC | Time remaining: 1 hour, 20 minutes, and 0 seconds.
gribble: Estimated time of bitcoin block reward halving: Wed Nov 28 15:13:20 2012 UTC | Time remaining: 1 hour, 30 minutes, and 0 seconds.
Chaang-Noi: was a responce to eskimobob
mircea_popescu: mazel tov
mircea_popescu: ;;later tell namjies since you asked for it, http://trilema.com/2012/advertising-on-digitalpoint/
dub: fuck I hate my tem sometimes
Namjies: Will leave it at that I guess.
Namjies: Well thanks pigeons
Namjies: Hmm, thought so too.
pigeons: definately the top is best
Namjies: There's 3 times the business cards section.