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Lisk appears to be stealing Eth's volume - it's in second place today on Poloniex for the first time in months.
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Of course it's not going to make it disappear. Murder and rape are still with us too -- that's why I said "works good 'nuff" rather than "perfect." I choose my words berry berry carefully  I would have chosen the words "not nearly good enough" to describe it.  |
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Why would we need to uninvent beadcoin? Did we have to uninvent ponzis? Bearer bonds? Heroin? Murder? Rape? Ban/regulate the shit out of it, works good 'nuff You need to un-invent it because "banning/regulating the shit out of it" isn't going to make it disappear, any more so than the illegal drugs trade has disappeared. |
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But that's the point -- it would be incredibly difficult to do it in dollars, that's why dollars aren't used to extort hospitals & bitcoin is.
But yeah, if FOMC designed a financial instrument ideally suited for extorting hospitals (like BTC), and then proceeded to extort hospitals, that would be a totally dick move.
What are you going to do un-invent it? Whilst you're at it, expunge John Browning, Manhatten Project, etc. from history so we can all live with ponies singing Kum Bah Ya, My Lord. |
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That is not a good thing to go all in and even sell your house now if you lose then you have nothing left. Your house is the most important thing that you can buy in this world so I suggest that you get it back as soon as possible.
Damn, I thought it was a fleshlight. |
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Correct me if I'm wrong, but in ethereum every node needs to execute the smart contract. Imo that's really a big waste of resources, when you have a much lighter version of the same system on the bitcoin network via rootstock, you can also use counterparty. Vitalik fucked this one up big time. How is he going to explain to his investors that he made a useless shitcoin.
Thing is, what does any of it matter? Partygoers, you see, are not much interested in reality until the day-after. How do you think Gox kept going for so long? |
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the level of ignorance in the bitcoin community when it comes to other technologies is as high as the late 2013 fabricated chart.
I didn't know an x-y axis could be ignorant. Please expand on your thesis. |
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They used to (pretend to?) like us when Bitcoin was popular and doing well, starting to feel like everyone has abandoned us.
If it's any consolation, Eth will grow old too. |
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Even Coindesk has betrayed us: Top four stories about ETH   Remember how we used to be popular? Those were the days... Wasn't Coindesk previously in bed with Ripple? I'd hardly call them an impartial source. Btw, lol at DAO to save whales....  |
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Does the price need to drop to 0.022 to let somebody take profit and consolidate at that level for some time? It's not going to retrace 100% of the move. This is an impulse sell-off after the rise, 0.028 is (would've been?) a good target. |
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Looks quite possible. There's been no retrace since .022 and 4hr macd is looking topsy as well. |
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Well maybe I'm confusing some of your older posts with others off the top of my head but I thought you dismissed ETH as a mere bubble like any other alt. While we agreed it was in a temporary bubble, ETH was a different animal like I explained. I'm not an ETH fanboy, I was just trying you to recognize that the value of ETH was in its huge potential, it was clear it will kept growing, too much interest and development. Maid, Expanse, Factom will NEVER get to challenge BTC this way or get to Coinbase to accept them...(well maybe know that Ethereum basically rebrand them into a full fledged exchange).
It is a bubble to me, and is storing up great disappointment, but I've never suffixed this with "like any other alt". In fact, I have several times compared it to Bitcoin's bubbles. Further, I do not observe such a distinction between Bitcoin, Ethereum and other alts. For me, it is all relative. |
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Hope you are not still in complete denial and started to actually make some money, I told you about Coinbase months ago, the first "bubble" was just the beginning.
My decisions are not the result of denial, for I have never said that Ethereum, or any other alt for that matter, could not displace Bitcoin. Rather, they are my attempt at maximizing my probability of profit. I have done better at this than most here, from Eth to Maid, to Expanse, to Factom, even to Boolberry, even to Arch. |
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Hm, this looks like it's going to turn into a rout.  |
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You've clearly not done your research. Slock.it and Mobotiq compete with airbnb and UBER... Blinky the Clown could compete with them from my garden shed, but that doesn't mean much. |
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I'm changing my bet to $400.
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has there ever in human history been a correlation between days destroyed and price movement? I'm willing to bet no. this trope is almost as tired as merchant adoption = horrific selling pressure.
While I've not the answer to that, here they used it to correctly conclude that an old Mtgox wallet had been found, weeks prior to any formal announcement. It can therefore be used to gain an informational advantage. |
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Okay, big nope. Satoshi absolutely never lost a key. S/He kept correspondence keys I'd deleted a whole year previously and was amazed that anyone would EVER lose keys. I remember him/her being puzzled about the idea that people might not get further payments to old txouts because they'd delete or lose keys after spending txOuts. Exact words: "why would anyone *ever* delete a key?"
I like how they characterize him as this bumbling fool who trips up over his own shoelaces and just misplaces all his keys. This is perhaps the false-consensus effect in operation  . |
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i found a transaction that probably caused the bitcoin days destroyed spike. It was in block 412183. [...] Interesting, thanks. That would suggest more people are withdrawing BTC than depositing at whichever exchange that is. |
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The bitcoin scenery keeps getting dumber and uglier everyday. Or perhaps you simply paid less attention to scenery when prices were more exciting. |
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