Category Archives: Bitcoin

USG Domain Squatters Hype Soon To Fail Luke-jrXT Fork

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The USG, fiat aligned, domain squatters at Bitcoin.org are hyping a supposed "network disruption" which they hope will follow their latest effort to fork away from actual Bitcoin. The effort fronted by known sleeze Luke-jr (WOT:luke-jr) has been dubbed by the social engineers  a "User Activated Soft Fork", and in this scheme the vermin attacking Bitcoin are attempting to dupe would be Bitcoin users into running their software instead of an actual Bitcoin node. The idea is that by creating the impression of easily faked support, the social engineers may bully miners into accepting a forking away from Bitcoin and into something lesser.

This effort, supported almost entirely by assorted USG stoolies and assorted single language anglophone social engineering victims, is the most transparently desperate effort so far to undermine Bitcoin by imposing governance outside of The Most Serene Republic. It remains to be seen how many persons supposing themselves involved in Bitcoin will be victimized by Luke-jr and his co-conspirators when this latest fork's "flag day"1 passes.

  1. Yes, a flag day. Because desperation has lowered these pests into "throw a coordinated tantrum" as a strategic maneuver. ↩

Fiat Wraps Up Miserable May As Malaise Reaches New Lows

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The period of sustained malaise which hit fiat currencies this year continues to take it's toll with the United States dollar spending much of May under 1/2000th of a Bitcoin. New all time lows for the dollar threatened to cross 1/3000th of a Bitcoin, but they did cross the 1/2800th mark more than doubling the dollar's pre-2017 low mark. At present fiat/Bitcoin interfaces are sitting around a ~1/2200th of a Bitcoin price for the US dollar, a mark unheard of before this May. Sorry for your loss.

Bitcoin Network Mining Difficulty Climbs ~7.28 Percent In Latest Adjustment

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Mining difficulty on the Bitcoin network has risen ~7.28 percent to 559970892890.83813477 from 521974519553.62823486 for a new all time high. The previous adjustment a slight increase of ~0.22% from 520808749422.13983154 to was also a new all time high as has been the trend for much of Bitcoin's ever increasing history.

Fiat currency malaise continues as well with the United States dollar continuing to suffer an increasing number of all time lows against the Bitcoin.

fiat/Bitcoin Interfaces Testing US dollar At 1/1400th Bitcoin Price Level

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The bulk of fiat centered fiat/Bitcoin interfaces are testing a price that would drop the value of a United States dollar to 1/1400th of a Bitcoin on their markets. The malaise affecting fiat currencies has kept the dollar trading under 1/1000th of a Bitcoin for most of 2017. At the present fiat/Bitcoin interfaces which are outliers from the pack include BTCChina which has illegally cooperated with the PBOC to stop Bitcoin outflows while still allowing fiat outflows leaving it a laggard where a dollar is still a whopping 1/1180th of a Bitcoin, simply for the reason that a dollar can be taken off of their troubled platform. Bitfinex is also an outlier in the other direction where a dollar is a mere 1/1497th of a Bitcoin as it goes through Goxian death pains.