@aantonop Bitcoin can’t die merely from majority consensus that it is dead; it requires 100% consensus in order to produce Proof of Death.
@aantonop So I’m not sure that price trends over periods of longer than 2016 blocks are something to be overly worried about WRT hashrate.
@aantonop I suspect that every miner has their own profitability price & they re-evaluate at each difficulty change.
@aantonop Are you comparing a hashrate drop of less than 10% to a reward halving?
2) According to historical @coindesk BPI data, BTC price has “closed” higher 861 days, lower 754 days, no change 25 days since 2010-07-18.
1) I saw someone claim that BTC price has historically has been in decline vast majority of the time w/rare surges, so I ran some numbers.
Hm… someone has been slamming my node with invalid “getdata” requests for the past 24 hours: statoshi.info
Bitcoin is not an investment for which we have an exit strategy. Bitcoin /is/ the exit strategy. - @ErikVoorhees
Happy to hear about the formation of @raintanksaas - good luck @torkelo! http://t.co/MtvoSqyCw0
@jsiples That’s funny because I’ve only been able to get @amazon Instant Video to work in Firefox on Ubuntu; Chrome doesn’t work.
Sentiment on Bitcoin forums has nosedived the past few weeks; my gut says that capitulation is nigh.