How the fuck was this thread left on the main page but my MIRROR thread with the reverse opinion is shoved into the speculation sub-forum?

Oh sure, now I get three reports on this thread. Ha.

  MEGA LAWL   

(snip, ad infinitum)

The chart on number of nodes are very indicative.. However, you should take into account of another trend: web-based wallet.

I rarely open my wallets now. Most of my coins are in Mt.Gox/Tradehill. If I need to send coins, I send it from there.

Why?
Because every time I open my wallet.....  I have to wait 0.5-1 hour for the blocks to catch up!!!  

Until we can get a thin client, this can be somewhat preventive to adoptions (I remember when I install the client on a new PC I have to wait 4 hours before I can send/receive any coins. Imagine how a new user would feel.), and it'll push the trends toward web-based wallets more.

I'm glad you were inspired by my thread - right down to the topic phrasing. Lets see if we can look at this objectively.


So, you know the future then? That is what you're implying. I tend to disagree.


You may want to look at my other analysis, which specifically looked at other 'bubbles' in the past. Here's a little reminder:

http://forum.bitcoin.org/index.php?topic=26117.0 - "The Dichotomy of a Bubble - Why Bitcoin Will Endure"

For any 'bubble' comparison, we have until the end of August to be proven wrong or not. Again, you claim some kind of future knowledge, which I doubt you have.



Again, you claim to know future value. I find this interesting, as no-one has clear knowledge of the future. My post about future potential growth wasn't about dates and times, only a general guide as to how I think things will work out. I didn't claim to know for sure. Why are you so sure, then?


I find most facts have citations - all I can see in your post is some unconfirmed knowledge of future events. So which are you, an oracle, or someone talking out of their ass?

Exactly dumbass, that's why the bitcoin valuation is even LOWER than perceived, because USD is taking another big hit to value, yet bitcoin's relative value still bleeds, and will continue to.

And fuck you, do your own research if you want to be a part of this conversation. The evidence is all around you, just open your eyes and shut your mouth.  Or at least, do some research before you flap your trap.

Start here: bitcoincharts.com

Hey Piper67,

I'm flattered at commanding your attention! Isn't it a bit embarrasing for you to see that the company you keep is too stupid to even realize that you were taking a (weak) poke at me?

Actually no, im not either of those two. The only thing that attracts me to bitcoin are the followers. Watching the way they think (there are a few exceptions of course) is like watching the Keystone Cops trying to put a derailed train back on track. You know its never going to happen but you just cant take your eyes away to see what new misery awaits them next.

I wish you all well and hope that bitcoin does give you what you want from it.

I was actually supporting your position, TraderTimm... Shinobi has done nothing but trolling ever since I've been reading this forum... today, I happen to have some free time on my hands. As for my opinion, which has been expressed before, having lived through hyperinflation and truly bad economic and monetary policies once in my life, and having a pretty deep understanding of the concept of assigned value, as long as the code is solid (which is one thing I know NOTHING about), I have little doubt that, in the long run, bitcoin will be a success.

We're all early adopters until you can walk on the street, ask ten people what they think of bitcoin, and get more than three to give you a cogent answer.

How old are you?

Look at the fucking charts, maybe? Idiot?

EDIT: and oh, btw, keep in mind that the value of the USD is falling., especially with the recent Bernanke news. Yeah, always remember that.

Don't pop his fantasy/reality bubble. He's probably been dreaming about ruling the world with his bitcoins for a long time now.

Except it hasn't stabilized. It's being artificially propped up and failing it at that. Again, BTC has not had any gain in value since Gox opened back up.  It has been a slow bleeding.

and who also doesn't understand paradigm shifts, basic economics, monetary policy or international politics... BUT, he does know how to post in a forum.

In what way is it of immediate use to someone walking down the street right now? What can they buy with it, apart from drugs and some random token products sold in makeshift websites? There is NOTHING the Bitcoin provides for which the Dollar in their pocket isn't of more use.

You need think this through, kid. Really.

Bitcoin just enjoyed more media exposure over the past 3 months than can reasonably be expected to occur anywhere in the near future

It was clearly a bubble that started with the Silk Road coverage, inflated with the mining craze, and ended with the Gox scandal.

The current "stability" is no such thing. (snip) That's why were seeing a steady loss of a few cents of USD value everyday. And this will continue for the long haul.

This is not a thread about the speculation of bitcoin's future, these are the facts.

So you are saying that the similarity of the aesthetic is a valid parallel? This is the kind of post that proves to me how poorly-reasoned you die-hards are. While the Yahoo page was "ugly" it was nevertheless immediately useful and user-friendly. If anything, the picture you post shows how little the main function of the page has changed. There was a bar to input your search query and a buttong to click to search. While the quality of the search results has drastically been refined, the search process hasn't changed one iota.

how would you acct for a btc enthusiast like myself who never opens up his client unless he needs to?  and i do that only b/c i'm afraid of an attack.

The estimated number of 'active' nodes is a little north of 37,500. (See imperi's post below.) Of course, this omits clients which are installed and only started when specific payments have to be made, but for our purposes it is close enough. (Even if we assume a number like 100,000 it won't make that much of a difference as you will see.)