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Title: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: stan.distortion on August 09, 2012, 04:11:54 PM ...
Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: Drifter on August 09, 2012, 04:22:06 PM Laughable.
TLDR; Law enforcement might somehow someday figure out a way to track it, I just don't know how yet. Cryptography will fail somehow someday, I just don't know how yet. We're doomed. Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: jwzguy on August 09, 2012, 04:23:35 PM That guy's hilarious. I wonder if he'll ever realize how dumb his statements are or will he just be shaking his head as BTC continues to go up?
Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: hazek on August 09, 2012, 06:24:23 PM That guy's hilarious. I wonder if he'll ever realize how dumb his statements are or will he just be shaking his head as BTC continues to go up? Some people just need to learn the hard way.. :D Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: n8rwJeTt8TrrLKPa55eU on August 09, 2012, 07:10:48 PM Dan Seitz::Bitcoin::2012 = Clifford Stoll::Internet::1995
Internet will be a fad, Claimed Scientist in '95 http://minnesota.publicradio.org/collections/special/columns/news_cut/archive/2012/02/the_internet_futurist_who_thou.shtml Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: nevafuse on August 09, 2012, 08:01:17 PM Dan Seitz::Bitcoin::2012 = Clifford Stoll::Internet::1995 Stoll got one thing right. Quote and no computer network will change the way government works. http://www.thedailybeast.com/newsweek/1995/02/26/the-internet-bah.html (http://www.thedailybeast.com/newsweek/1995/02/26/the-internet-bah.html) Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: hazek on August 09, 2012, 08:14:03 PM Dan Seitz::Bitcoin::2012 = Clifford Stoll::Internet::1995 Stoll got one thing right. Quote and no computer network will change the way government works. http://www.thedailybeast.com/newsweek/1995/02/26/the-internet-bah.html (http://www.thedailybeast.com/newsweek/1995/02/26/the-internet-bah.html) Yeah but it might eliminate the idea of a government being desirable or needed.. Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: Gabi on August 09, 2012, 09:44:28 PM Wow, Clifford Stoll epic failed!
Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: PawShaker on August 09, 2012, 11:04:16 PM Quantum computers have been vapourware for decades. However, should it eventuate, cryptography as we know it will be gone. Otherwise, the whole article is loughable. It starts with an assumption and then tries to find a rationalisation for it.
Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: Boussac on August 10, 2012, 07:11:04 AM This guy may go down in history as the writer of the most stupid, ill-informed piece of anti-bitcoin propaganda:
Quote If you forge currency, the Secret Service is coming for your ass. You forge Bitcoins and… uh… a few Redditors will start a Scumbag Bitcoin Counterfeiter meme. :D Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: TraderTimm on August 10, 2012, 07:33:19 AM This is why I know bitcoin will succeed. Because the idiots are confused and don't know how to categorize it, analyze it, or even come up with anything that is unique. Most of their arguments are something you can use against cash, or they simply display their ignorance of how the banking system works, and who is getting ripped off by using it.
Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: cypherdoc on August 11, 2012, 07:06:35 PM no facts, just opinion.
Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: Roger_Murdock on August 11, 2012, 07:50:12 PM This is the same guy who previously wrote:
Quote The problem is that Bitcoin is backed by, well, nothing. It basically runs on clapping your hands and believing, which makes it incredibly volatile, as enthusiasts are learning the hard way. Once it becomes too hard to mine blocks, people will simply stop caring and move on to some other fad, and Bitcoins will become worthless. http://www.uproxx.com/webculture/2012/05/the-fbi-is-terrified-of-nerd-fad-bitcoin/#ixzz23GjBNNzW Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: ElectricMucus on August 11, 2012, 08:06:56 PM I was really expecting something more.
If there were something about crowd psychology and how certain things are abandoned quickly I would recognize it as an argument. Not saying that bitcoin is such a thing but it would be at least consistent with the claim that "Bitcoin is a fad." But "breaking" it? orly? This guy at least should have done the research to understand the technical concepts enough. Disappointing to say the least. Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: caveden on August 14, 2012, 08:48:24 AM http://www.thedailybeast.com/newsweek/1995/02/26/the-internet-bah.html (http://www.thedailybeast.com/newsweek/1995/02/26/the-internet-bah.html) This piece is hilarious! It's just amazing that pretty much everything he mocks as "unbelievable bullshit" became a reality some years after... :D Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: cypherdoc on August 14, 2012, 01:55:33 PM http://www.thedailybeast.com/newsweek/1995/02/26/the-internet-bah.html (http://www.thedailybeast.com/newsweek/1995/02/26/the-internet-bah.html) This piece is hilarious! It's just amazing that pretty much everything he mocks as "unbelievable bullshit" became a reality some years after... :D Great find. This guys more stupid than he looks. And he still uses the term "cyber". Title: Re: 2012-08-09 uproxx.com 'This Is What’s Really Going To Happen To Bitcoin' Post by: TraderTimm on August 15, 2012, 04:29:51 AM This is the same guy who previously wrote: Quote The problem is that Bitcoin is backed by, well, nothing. It basically runs on clapping your hands and believing, which makes it incredibly volatile, as enthusiasts are learning the hard way. Once it becomes too hard to mine blocks, people will simply stop caring and move on to some other fad, and Bitcoins will become worthless. http://www.uproxx.com/webculture/2012/05/the-fbi-is-terrified-of-nerd-fad-bitcoin/#ixzz23GjBNNzW He's more accurately describing Facebook post-IPO, haha. "People will simply stop caring and move on to some other fad." Yeah, with their stock knocking on yearly lows it sure looks that way. So many people got fleeced in that one. I remember someone saying they'd buy on the day of the IPO in a local Chicago newspaper. The amount quoted was about $10,000. |