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Bitcoin => Press => Topic started by: n8rwJeTt8TrrLKPa55eU on February 23, 2013, 01:08:10 PM



Title: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: n8rwJeTt8TrrLKPa55eU on February 23, 2013, 01:08:10 PM
As usual, plenty of ignorant comments.

http://news.slashdot.org/story/13/02/23/0036234/the-internet-archive-to-pay-salaries-partly-in-bitcoin-requests-donations


Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: deeplink on February 23, 2013, 02:37:41 PM
As usual, plenty of ignorant comments.

I used to think highly of Slashdot, but they seem to have taken a nose-dive in the last few years.

But I guess if ZeroHedge can be turned around, so can Slashdot.


Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: Severian on February 23, 2013, 02:43:02 PM
Reading slashdot is like hanging out with a an old friend that a got serious head wound somewhere along the way.


Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: justusranvier on February 23, 2013, 03:45:54 PM
Reading slashdot is like hanging out with a an old friend that a got serious head wound somewhere along the way.
QFT


Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: tjohej on February 24, 2013, 11:15:41 AM
Is slashdot supposed to be for tech geeks or am I mistaken?


Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: ShadowOfHarbringer on February 24, 2013, 05:13:14 PM
Is slashdot supposed to be for tech geeks or am I mistaken?

It seems lately its more for tech ignorants and "empty" people who are afraid of progress and automatically dismiss everything that does not fit their point of view.

Or perhaps, is it just envy ? They envy us and they cannot reconcile that WE are the early adopters, not them.


Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: deeplink on February 24, 2013, 05:14:31 PM
Is slashdot supposed to be for tech geeks or am I mistaken?

It seems lately its more for tech ignorants and "empty" people who are afraid of progress and automatically dismiss everything that does not fit their point of view.

Or perhaps, is it just envy ? They envy us and they cannot reconcile that WE are the early adopters, not them.

First they ignore you,
then they laugh at you,
then they fight you,
then you win.

Mahatma Gandhi


Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: kiba on February 25, 2013, 03:46:10 AM
Is slashdot supposed to be for tech geeks or am I mistaken?

It seems lately its more for tech ignorants and "empty" people who are afraid of progress and automatically dismiss everything that does not fit their point of view.

Or perhaps, is it just envy ? They envy us and they cannot reconcile that WE are the early adopters, not them.

No, they were one of the first wave of immigrants into the bitcoin. Nowsday, they're just old farts who refuse to update beliefs.


Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: Logik on February 25, 2013, 08:54:50 AM
These are the same people who routinely dismiss

  • Facebook
  • Front end software (HTML5, CSS, JavaScript)
  • Mobile phones and tablets
  • Anything to do with Apple

In a world where all of these things are now the most popular way for people to carry out the respective task.

A vote of disapproval from Slashdot is pretty sure sign that a technology will see mass adoption and success.


Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: grondilu on February 25, 2013, 09:14:29 AM
These are the same people who routinely dismiss

  • Facebook
  • Front end software (HTML5, CSS, JavaScript)
  • Mobile phones and tablets
  • Anything to do with Apple

In a world where all of these things are now the most popular way for people to carry out the respective task.

A vote of disapproval from Slashdot is pretty sure sign that a technology will see mass adoption and success.

It may be a very heuristic rule, but it might very well be true   :D


Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: dust on February 25, 2013, 09:21:41 AM
"No wireless. Less space than a nomad. Lame."


Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: TraderTimm on February 25, 2013, 10:59:31 PM
Slashdot is now full of idiots, more than usual. Sure, they can recompile a kernel and argue the subtleties of bytecode generated by different compilers, but honestly they don't have a single clue when it comes to disruptive tech.

For instance, the whole 'ponzi' thing is ridiculous, but they'll point at the several-thousand percent run that bitcoin has had so far as evidence of shady dealings. Guess what, other things gain a couple thousand percent and they're traded on the world exchanges - reference:

"Ten penny stocks that didn't stay that way"

http://money.msn.com/top-stocks/post.aspx?post=f31d0125-0818-47f7-87d7-cad7848d0a7f

While I think bitcoin has better odds than a penny stock making it to the "big board", look at these gains:

Concur Technologies (CNQR) +21,190%

General Growth Properties (GGP) +3,205%

Medifast (MED) +18,471%

Bitcoin multiplying in value many times over looks completely probable to me. As a quick calc, since we're about 4,000% above where we started, lets see what another 4,000% would be.

30.22 - Used as a starting price.

That would yield a price of $1,240 - a total increase of +8,000% and you still would be in real-world territory. Interesting, eh?



Title: Re: 2013-02-23 Slashdot: Internet Archive To Pay Salaries Partly In Bitcoin
Post by: nimda on February 25, 2013, 11:08:31 PM
Ugh. Microsoft stocks are a ponzi scheme: early adopters benefit  ::)