On Tue, Oct 28, 2014 at 10:43 PM, Gregory Maxwell
wrote:
> > As of now the cost per block is probably already about 100USD, probably
> in
> > the 50-150USD.
>
> This is wildly at odds with reality. I don't mean to insult, but
> please understand that every post you make here consumes the time of
On Tue, Oct 28, 2014 at 11:00 PM, Thomas Zander
wrote:
> you didn't read the
> archives where these ideas have been brought forward and discussed, a
> consensus was reached. (it wasn't so basic afterall)
> The fact that people don't want to repeat the discussion just for your
> sake is
> not the
On Tue, Oct 28, 2014 at 10:34 PM, Neil wrote:
> Economically a halving is almost the same as a halving in price (as fees
> take up more of the pie, less so).
>
> Coincidentally the price has halved since early July to mid-October, and
> we've not even seen difficulty fall yet.
>
because mining pr
> > In november 2008 bitcoin was a much younger ecosystem,
>
> Or very old, indeed, if you are using unsigned arithmetic. [...]
>
:-) I meant 2012, of course, but loved your wit
> > and the halving happened during a quite stable positive price trend
>
> Hardly,
>
>
> http://bitcoincharts.com/char
On Oct 25, 2014 9:19 PM, "Gavin Andresen" wrote:
> We had a halving, and it was a non-event.
> Is there some reason to believe next time will be different?
In november 2008 bitcoin was a much younger ecosystem, with less liquidity
and trading, smaller market cap, and the halving happened during a
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