Here's another load of superficial tosh he wrote:

http://www.project-syndicate.org/commentary/why-bitcoin-is-a-bubble-by-nouriel-roubini-2018-01

He's got half a million followers. A good place for a "healthy debate"

When world famous economic professors are reduced to trolling bitcoin on twitter, surely that's beyond the "then they fight you" stage ?

Isn't this now "then we win" ?



Check this guy's twitter feed. He's obsessed.

That's ok. At least you're kept busy with your favourite archeology projects which is still important work  

b.t.w. I hope "TaoOfSpamtoshi"s nose isn't out of joint at being overlooked on your list of credits. Luckily he's on holiday right now but I'm sure he'll make an adequate comeback in some of your forthcoming eloquence.

You didn't take your herbal tea today I can see.

(I can always tell when defcon II link-farming/PS magnification is in force )

Actually the "desperation" is all your's ^^^ IB

That incident was dealt with - as others put it - with the "professional approach Dash is known for":

Interesting take on "advanced".

Considering:

 • The one thing that backs the value of SSL encrypted transactions in the incumbent commercial realm is a bank
 • The one thing that backs the value of Bitcoin transactions in the emerging trustless realm is its transparency

So add the encryption, take away the bank and take away the transparency. What do you have left ?



Just as well there's a cult-like following on hand to keep the emperor's clothes from falling off  

P.S. Good luck with your new "mempool based, 0-conf based attempt at "InstantSend". Hopefully it won't blow up before the protocol meltsdown all nicely hidden from view under a thick, syrupy, bug-ridden layer of monetarily-redundant encryption

So "obsolete" in fact that it now serves as a reference standard for new blockchain creators wanting to incorporate governance models into their creations. How many months did Charles Hoskinson spend in the Dash Slack interacting with its community and researching its governance model when he was designing Cardano ? I lost count.

Actually I have high hopes for the "washing-machine-token" brigade that recently parachuted into the top-10 and are currently vying for supremacy in both coin supply and corporate-badging. The more of them there are the more that spaghetti meta-layer that services interoperability requirements will all be held up by an unambiguous monetary asset base in terms of value.

Bottom is either $7500 or $4300.

That bounce at $11700 was pretty peely-wally.

Look at it another way.

If the last traded price of a token rises, it manifests as an unrealised gain in all holders wallets. Not just an arbitrary number of them (as the CMC default marketcap reporting policy would allude to).

Making an informal declaration that hey, I won't be selling these coins til at least Jan 2029 doesn't change that fact - again, since these are decentralised assets and the blockchain doesn't arbitrate between one wallet and another in terms of liquidity. Nor is the holder even nominated on the blockchain.

So let's say I create a random token. Put out a random whitepaper saying that my token will sing, dance and make dinner, then "release" 1% of to the market (from my wallet, not from the smart contract because the coins are already released from the smart contract and are "circulating" in my wallet) and that 1% trades at $1.

A correct accounting appraisal on my wallet holdings is now (0.99S x $1), where S is the total coin supply. So why doesn't that unrealised gain show up in the aggregate accounts as well ? Just cos I said it shouldn't ?

Please change this policy to always show the marketcap as total supply (on the blockchain) x latest coin price. This will allow traders to make more informed valuations and prevent opportunistic rogue launches from massively overpricing their offering at a very early stage when its speculative value = 100% and its industrial value = 0%.

Furthermore it penalises conscientious projects who want to maximise the distributed ownership of their project from an early stage and publish the full supply as contributing to marketcap.

I think it's becoming a joke the extent to which coinmarketcap.com's crazy "circulating supply" default reporting policy is now being gamed to death by opportunistic token creators.

This is decentralised crypto, not some regulated stock issuance governed by contractural processes. If the coins are generated on the blockchain they are all in circulation. The blockchain does not make any liquidity distinction between one wallet and another - they are homogeneous, not heterogeneous which is the whole point of a blockchain anyway.

Hey, the coins in my wallet are "not circulating" ! Do I get to exclude them from the reported supply to increase the per-coin price ? Why should some wallet holders be allowed to do this and not others ?

Worst of all, the wallet holders who are allowed to have their wallet contents excluded from the CMC default marketcap are usually the people who created the tokens in the first place.

Can you get any bigger a conflict of interest than that ?

This market's building the dotcom bubble from hell and the ludicrous CMC "circulating supply" policy is one of the main engines fuelling it.

Dash big picture. We are entering interesting times again.

Full commentaries posted in Dash Nation Discord forum: #dash-markets

The only fiat-pegged crypto that isn't a ticking time-bomb backed by worthless scams are the Bit assets IMO.

They are actually trustless in a the original sense of decentralised networks, being that they are the product of two complimentary market demands:

 • demand for an invested asset growth
 • demand for a stable trading currency

Can't trade BAY on Bittrex anymore cos they will pass your details to IRS who will demand trading/capital gains tax on every coin-to-coin exchange from now on.

http://fortune.com/2017/12/21/bitcoin-tax/

It sticks to optimising its monetary priorities and doesn't try to be something it's not.

BCash pretends to be a "fast" coin than can scale and support realtime payments but it's nothing of the sort. Doing realtime payments requires a distinct security model at the front end of the confirmation cycle. The only blockchains that have that are Dash (on-chain) and presently the Lightning Network (off-chain).

Meanwhile Bitcoin is trying to protect and enhance its store-of-value properties by focusing its development priorities on security and conservative design at the expense of on-chain performance (which it can easily afford because it's still 8640 times faster at settlements than the clearing banks at 20 minutes vs 48 hours.

So BCash is basically a plastic toy that's of no use to nobody other than as a protest coin for purchasing low-flying toys eminating from Roger Ver's pram. Fallen through the crack between two genuinely worthy objectives priorities and which does justice to neither.

I think BCash may have a huge problem now.

It's blown its trump card and so far not even reached its ATH ratio with Bitcoin. If all it can get is a half-cocked pop then the vultures will start seeing the current Bitcoin discount as a huge bargain and the dip will get panic bought. It was needing a good shakeout anyway.

This could send BCash to oblivion.

Bitbay is one of those slow burners up till now that has had an immense amount of development work done on the quiet that is actually gonig to create a brand new market sector. It is now starting to come of age. The thing in particular that will make it extremely powerful is that it has a monetary system that fits hand in glove with its network effect properties.

i.e. a stable pegged trading currency, but a rolling peg so that it's worthwhile investing in the blockchain which will grow in value as the network sees more trading use.

$13 Million trading volume today for Bitbay ?

Immense !

Meanwhile, Alt36, one of Dash's larger blockchain-funded contractors has just submitted a project update.

===== Bitnovo Announcement on their own Site ======

https://medium.com/bitnovo/bitnovo-loves-dash-fbe463567f8b

******* Amber Alert *********

Bitnovo - who have agreements with retailers all over Spain including one of the largest Supermarkets and another huge consumer electronics chain to distribute bitcoin prepaid gift cards - are integrating Dash.

According to today's published Dashforce News interview with Bitnovo's CEO the integration is comprehensive and fully parallel with their bitcoin support, including online purchases, payment cards and the retailer gift cards that are sold in several thousand outlets across Spain.

Bitnovo's twitter feed has retweeted the Dashforcenews article, so seems legit.