I've noticed, since my long absence from the board, all that anti gov rhetoric has died way down. I still see the same pro privacy sentiment, but it seems the idealism that surrounded this in the beginning has lost a bit of its steam. You live, learn and pay taxes, then realize that if you live in the territory a particular government controls, you should go with the flow or gtfo. The majoriity of btc holders are holding it speculatively, I saw that because I challenge the community to find enough bitcoin accepting merchants to support a family on. I tried. Spoiler, you end up converting it to fiat. Bitcoin is an excellent idea, it's just not fiat. The thing that is synonymous with money. We aren't going to reinvent what money means to a global culture in a single generation.

Thank you sir. I concur, and your sentence structure is excellent. Also, as per you last post, I applaud you for making your motivations clear. If everyone on the board did this, the shill/disinformation paradigm would vanish overnight.

We can not protect these coins, and suffer the consequences as a whole, or we can take preventative measures, and mitigate the harm to a select few, obviously negligent actors at this point.

Would you starve due to the negligence of your brother? I am all for helping another in need, but when that need is self imposed, when does one limit their own exposure to another's poor situation?

No, it's not. Some people don't have the appetite for risk that the less experienced investors on this board display. Warren Buffet would bite out your throat for a chance at 40-60 percent returns. Better a bird in your hand than two in the Bush.

Yezzir. People will grow to understand that when profit is taken, ie the guys that brought the price from .015 to this current level (double) decide to cash out. If you were risking precious capital to feed your family /organization with the profits, at what point would you get off the train? Because 2x returns sounds like a great fucking point if you ask me.I didn't buy this because it seemed an incomplete idea, an essay if you will, now I regret not perceiving my brothers greed so that I might have capitalized off of it myself. But maybe better to let this dog lie.

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What, in the blue fuck, is that? Dammit people, the blockchain can't solve every fucking thing. That's a toy as far as I'm concerned, pardon my ignorance if I have failed to see the use case for a robotic power wheel.

There are too many vastly superior companies making autonomous EVs. And a blockchain is wholly unnecessary, why does there need to be a ledger of the rentals?

Do you care who rented the red box end before you did? Do the shareholders care? Does anyone honestly care?

All crypto assets are technically securities. I shit you not. when you ask some one for money and promise them returns, it's a security. The SEC thinks so at least.

This is an interesting idea my friend. Although I see eth taking a dive right before the halving as well, then quickly recovering as btc downtrends.

Thank you again, I hadn't considered this. Going to chew on it a bit.

You get a cookie 

Yezzir. Not being pessimistic, but I feel a lot of folks are only along for the first part of this ride. Look at the ETSY ipo for example. The early vc taking profit ruined the price, it took a while to recover. ETSY is an established company with a viable product that has proven value. This DAO is a great concept, but rather ambigous for such a large valuation.


Yes, yes the fuck it did. Put down the hatchet guys. I don't know what roach was talking about with the bts shit, I'm not sure what a bts is to be honest, nor could I give a fuck. but he's an alright guy atm, a bit paranoid but not too much so, and he's at least trying to raise some valid concerns with this. Not picking sides, not making enemies either, but let's keep the past in the past and focus on this possible train wreck lumbering towards us 

bump

Oh, how I laughed.
You sir, deserve a cookie.

Maaan, I get so tired of folks hating on post because there is a signature attached to the bottom of it. For those that this truly bothers (why someone else earning income is a bother is beyond me), simply press the "ignore " button on those "poor quality posts" that stick so deeply up your collective butts.

And consider a job as a meter maid or a tow truck driver. Noble professions, not knocking them, but you guys would be perfect for the work.

Thank you, Franky. That needed to be said. Although I think Theymos has been extremely misunderstood /misquoted in this. I must say, I agree with the concept (securing legacy coins via some protocol should the security paradigm change). But I never agree with fooling with other people's shit, which isn't the deal here once you get past the misquote.

I'm not wasting brain cells on researching some of these, but you can cross BUN and NYC coin off your list. A silly ass name, to me, represents a silly as development team with no marketing team on board. These coins are brands for the most part, marketing is arguably more important than the actual technology behind the product, sadly 

Since the "gas" concept burns tokens (I think , or does it redistribute them to miners), it seems they will have to create new coins eventually. On top of that, the banks would not be clamoring over a non inflationary currency. Where's the fun in that?

This would scare the shit out of me actually, if I was holding.

If you build it, they will come. And dump.

My thoughts exactly. If I were going to fund a "vc melting pot", I'd rather hold my equity until said proposal was made, not beforehand, and then invest . Seems like you have to promise money to a thing that isn't real yet. Like paying income tax and waiting until uncle Sam decides to send back the remainder. The opportunity cost seems too high.

Disclosure: not invested in this, interested, but need to hear some compelling arguments.

Okcoin has a majority Asian user base, right? Aren't there other Asian exchanges with eth currently on platform? Not asking to be a dick/troll, serious question that I didnt feel like googling at the moment. If so, will this cause any price movement at all? There are also a multitude of American majority user base platforms with this pair listed.

this isnt the best method (mem limits), but yes, there are services like the aforementioned that can embed messages in the blockchain.

with that being said, much easier to publically blast a coded message (https://en.wikipedia.org/wiki/Numbers_station) or send an encrypted message. Hiding in plain site isn't the best choice for information that is highly sensitive.

Yes, if involving securities (legally these are securities), any attempt to defraud shareholders of value is illegal (this would be considered price manipulation). There is no doubt in my mind the volume is artificial, people in this space forget a single person in the real world with money could damn near buy up an orderbook . These markets don't have very large caps compared with regulated markets that state actors participate in.

Look at the doge chart on polo. Looks like a goddamned ekg.

So, I've just recently come to the party concerning the DAO token sale concerning slock.it.  If I'm understanding correctly, slock.it primarily produces their "smart lock" product, a lock that can apparently be unlocked via blockchain. Now, with no salt, I think this is a great idea, but it seems like this could be solved by too many existing technologies (paying for an otp to be sent to your device to use as an unlock code for example). Which leads me to the other side of this virtual coin , the DAO.

Now, the overarching concept is just fucking grand. The idea of blockchain demonstrable shareholder voting and asset transfer sans exchange makes me hard a bit. But, the profit generation scheme to me seems to be non existent. So, this ridiculous amount of money is going to be invested into various startups , which is cool, but at the moment there isn't really that much innovation in the space that brings value to the consumer, that is, providing a new service, or an existing service more efficiently. I also have concerns about the voting aspect. As we have seen with countless other systems of share based voting, there will be x individuals (x is usually equal to ten or less) that control the majority of the votes and subsequently, will have their wills exercised in the voting process. The "corporate voting for the people" warm fuzzy feeling that comes with this kind of dies with that revelation.  What happens when factions form and there is dissent among the top share holders (kinda like the block size issue here at home)?

This brings about the issue of governance. The majority can not be trusted to simply "select" winning investments because the public is not an expert. A million uneducated opinions does not a cogent decision make. Democracy is cool, but you will notice the most popular money making assets are not governed in this way (see Google and Apple). Sure, you may have a grip of shares, but you never have as many as the founder or the company principles, which is the point. It's their million dollar baby. So they will coddle it, and feed it until it can walk on its own or falls on its face.  

So, I may invest in this because like everything in this sphere, people are chomping at the bits to throw money at it, and beyond the shadow of a doubt the price will increase before it decreases. With that being said, I dont have confidence in this asset long term as I fail to see a clearly defined plan of profit, and this asset is entirely too overhyped, which I think will cause unnecessary volatilty. What do you guys think? No one line cheerleading responses please, and no basement dwelling trolls. Am I being too pessimistic in my appraisal of the voting process? Do you think there will be projects worth even funding (slock.it would not get my money if it was an exchange traded stock).

I'm all ears

Still waiting for this to pan out a little more, but if this is true/works, I bet raising the blocksize won't be such an issue to the Asian mining conglomerate anymore. They will have to adapt to survive, and the fees should drift down a bit in the spirit of market competition.

Good job