To be fair, in a recent video Brock Pierce seemed like a great spokesperson for Bitcoin.
It seems that in Bitcoinland there is only one crime, "not being a fan of bitcoin". Things that should send people to jail, in any country, are quite OK; badges of honor, even. And, conversely, anyone who praises bitcoin is, ipso facto, a thoroughly good person; who can be trusted to take money or bitcoins from other bitcoiners, without contracts and outside the reach of the law, and shower them with unmeasurable riches. Like Danny Brewster...  Jorge: You have a way of tainting and perverting nearly any idea with your anti-bitcoin everything is a scam in bitcoin sentiment. Surely, some people can be persuaded by a con job in any currency or investment scheme, whether bitcoin or other scams that exist in many different currencies. It is NOT always easy to know whether some bitcoin evangelist is being disingenuous, but we know that if someone is fairly articulate and successful in bitcoin sphere, there are going to be attacks on the person's credibility and also lawsuits to attempt to take some of their money. The track record and reputation of persons in the bitcoin sphere can help to demonstrate if any person has a propensity for engaging in fraudulent and/or exploitation-type activities. If it is true that Brock or any of his past business activities or his associates have engaged in fraudulent activities, then that kind of information should be presented to the japanese court. Additionally, if it is shown that Brock is a person of low moral character, then that may be relevant (in some ways) to the court, as well. If Brock merely likes to fuck young women (of a consenting age), then that may NOT be a big deal, but if he is using stolen money or if he is engaging in some kind of exploitation of non-consenting people or if they are below the age of consent, then those kinds of behaviors may be relevant for the court to consider whether to accept his plan for a GOX "rehabilitation" and to divert assets from what I thought was an already made decision to liquidate GOX assets. |
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The poll is missing 'boredom' or perhaps 'frustration' none of the terms really fits these kind of feelings.
I can't be the only one who feels like it's dragging along somewhat indecisively...
I really liked the idea behind the poll, too.... However, I agree with some of the posters here, that there may have been some common feelings that were NOT quite captured... but reflective of how many poster feel.... Certainly, since this downtrend has been going on for a couple of months, my feelings have changed over time. For example, sometimes I feel manipulated.. even though that may be a better description of how bitcoin should feel, if bitcoin were to have feelings... ..... maybe even honey badgers have feelings?   |
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Phinnaeus Gage
Can we get a summary please of what exactly you are alleging. It's a lot to go through.
Thanks
When there are so many character attacks, and a lack of a clear and substantive outline and/or argument, one surely must wonder whether there is any validity to the claims... Here is a clear and substantive outline: yantis' (interesting and effective) re-post in this thread is (partly) a direct response to this list. I think it would be pretty irresponsible to not do a thorough background check on each prospective member.
A thorough background checkI did some checking and there is little (if any) doubt that Brock Pierce: 1) Repeatedly starts (and helps to start) companies that lose many millions of investor funds. 2) Allegedly cheated a partner for a huge sum in a stock deal. 3a) Left the country when he knew some "wild parties" had gone way too far. 3b) Was sued for child rape by more than one (alleged) victim. I think the above is reasonably accurate, the sources are (relatively) easy to find on google and in current threads here. To be fair, in a recent video Brock Pierce seemed like a great spokesperson for Bitcoin. If the world is ready to completely forgive "thieves and (alleged) pedos", then he's the perfect man to help lead BTC into the future. <end of original post> I would add that the concept of "innocent until proven guilty" applies to court cases. My interest in this story spiked when I read Brock left the country with his "sex crime" partners. I viewed "fleeing" the country as a strong sign of guilt. If that is wrong, then I am very sorry. If the guy is NOT worthy to be involved in a potential GOX rehabilitation, then the Japanese court should be presented with that information or if the plan to save GOX is NOT legitimate and genuine, then the Japanese court should be presented with that, as well, in order that those matters can be taken into account. To me, it seems that some plan to rehabilitate GOX, whether it involves Brock, or some other rehabilitation plan, would likely be much better for GOX account holders and bitcoin as a whole, rather than liquidation, yet certainly, I have NOT seen all of the evidence presented to the bankrupcy court. |
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Phinnaeus Gage
Can we get a summary please of what exactly you are alleging. It's a lot to go through.
Thanks
When there are so many character attacks, and a lack of a clear and substantive outline and/or argument, one surely must wonder whether there is any validity to the claims or if it is merely spreading FUD. Seems like the very articulate proponents of bitcoins are frequently being attacked based on allegations that may be stretches of the truth or expecting some kind of inferences to be made about facts that do NOT exist. |
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I cut and pasted my response form the other Brock hate thread: Truth from a long time friend, enemy, business partner & competitor: Pretty amazing the amount of damage someone can do with some fake facebook accounts. I have to wonder what the agenda is here and if it has something to do with the Bitcoin Foundations elections...or worse someone trying to hurt Bitcoin as Brock is one of the most outspoken people in the Bitcoin space. I clicked on Brock's timeline on his real facebook for the supposed above dates and he was in Los Angeles, California and not in Spain. Don't let someone troll you with fake facebook accounts. Instead of reading all this made up crap and coming up with a bad opinion I suggest you reach out to him and talk to him yourself. The true facts are pretty simple: - Brock was associated with Rector when he was a teenager. I don't know any details. I personally think he was a victim. He has never mentioned it and I don't bring it up. - Think about this one: Brock was my #1 competitor. If I could have used it against him I probably would have if there was something to use. - Most everything is about money. People sue and make stuff up to try to get you to pay something. Sadly this is how it is. - If you noticed on the lawsuit on his partners suing Brock for cheating his partners I took no part of because it was mostly lies. - Brock makes more money for his investors that you know. He might fail in 3 out of 4 of his companies but that fourth one makes so much money for his investors which is why they keep investing in them. - People get fired from businesses which why you only hear their side of the story and its always negative. - I can also guarantee you without a doubt is Brock is a lover of women (so much that I fear that it keeps getting him into trouble). From someone who knows all the facts. There is some agenda being played out here. What a better way to take one of Bitcoin's star advocates and link him to Paedophilia. This is FUD in the worst possible way. As for Sunlot I suggest you guys read the FAQ before bashing it and make your own opinions and reach out to John if something isn't on there and get a real answer. Its your money after all. http://www.savegox.com/?page_id=35Yantis: You make a lot of good points. From watching the video linked above, Brock seems to be very articulate about bitcoin and has a lot of experience with bitcoin projects and good and innovating ideas. ( http://www.youtube.com/watch?v=4pBd-OD9Rns) Whether or NOT his participation in any savegox plan will be accepted by the Japanese court is still to be seen. It seems a bit problematic that the Japanese court had already seemed to have decided to go forth with liquidation; Accordingly, Brock and various other proposals have to convince the court to reverse itself and that some kind of rehabilitation of GOX would be the better path. Personally, I believe that a lot of very good ideas are presented in the SaveGox FAQ, and there seems to be quite a bit of transparency in the questions that are answered in the FAQ. Certainly, it would NOT be good if genuine attempts to reimburse GOX account holders was NOT made, and the rehabilitation were merely a form of vulture capitalism.... or even a considerable problem if the GOX rehabilitation were to turn out to be a government ploy. NONETHELESS, some kind of GOX rehabilitation seems better than liquidation, and hopefully the japanese court is seriously considering the various proposals and will arrive at a solution that is best for the GOX coin holders rather than merely protecting Gox business owners, such as Karpeles. Who knows whether any GOX rehabilitation plan would ultimately resolve the various issues regarding the lost (or stolen) coins, but it may be worth several million to adequately investigate the matter. So far in spite of so much passage of time, there remains a lot of unanswered questions and purported facts that just do NOT seem to add up to anything other than some kind of insider running away with the coins (that is if more of the BTC do NOT show up). |
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What happens when the US 'bans' bitcoin?
China will un-ban bitcoin Maybe there will be an announcement at the May 10 Bitcoin summit? |
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2033 - 256 billion new wallets
Does that mean that in 2033 every bitcoin user will own 2.56 billion wallets? Why would he need that?  It could mean that or it could mean that a population of between 5-10 billion people would have 25-50 wallets per person. As we already know, wallets could be created by organizations or governments or even be attributed to entities that may NOT yet exist (such as a trust that would describe how the bitcoins in the wallet would be distributed upon the triggering of some future event(s)). Personally, as I stated in my previous post, i believe the market would become saturated much before 2033, which would cause considerable slowing down of the growth rate or would cause the model or the growth curve to shift. I am skeptical but many were also skeptical of Moore's law. If it does happen, I'd be happy for the effect to be named after you. I appreciate your sense of humor, here. Really, I was NOT being very original in my 2(x) exponential growth projection. I was merely attempting to illustrate an example of the difference between exponential growth of 2x as compared with the earlier suggestion of linear growth of 11 million wallets per year. The exponential growth model seems more realistic b/c of the networking effect and the large growth possibilities. I suspect, however, that any such exponential growth would not follow exactly a 2x pattern, and there may be a sort of exponential growth bell curve - or maybe instead higher exponential growth in the beginning that slowly tapers as it matures, especially tapering when various saturation points are reached. Nonetheless there could be periods of lower or higher multiples of exponential growth of bitcoin wallets, but for ease of reference, 2x exponential growth works well to illustrate the concept. |
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at first I bought bitcoin to make me rich, I guess I am a basic bitch.
If you bought your BTC below $100, you may be a rich bitch. If you bought your BTC over $1000, then you may merely be a bitchy bitch. |
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It is interesting that even if 30,000 NEW adopters a DAY will emerge then it is only 11,000,000 per YEAR ... ( and only 110 millions per 10 YEARS ... what is less than 2% of population )
You are looking at it the wrong way, addoption is exponential not linear. Once bitcoin appears more and more in the news and starts to go mainstream the rate of adoption will accelarate greatly. As I am sure I dont need to remind you btc is still magic internet money that a few nerds are playing with. That's a very good point.. .so we could be conservative and predict something like this (a doubling of the number of new wallets every year): 2033 - 256 billion new wallets Yet, even a doubling of new users every year would be a tremendous amount of growth for bitcoin, if such were to happen. Dude, seriously, 256 billion new wallets in 2033? That'd be like 25-30 wallets for each person on Earth. To even use the words "conservative" and "diminish" in this context...well I'd love to see what your not so conservative numbers are. Your semi-autonomous personal information devices each hold some of your coins and use them for stuff like micro-payments to news sites, the purchase of music. Your fridge automatically reorders the foods you've eaten each month. Considering this is the absolute wet dream of any bitcoin holder, in what way is it conservative again? Not to mention that, considering not everyone in the entire world will be using bitcoin, it assumes probably closer to 100 wallets per person. How many people do you know with 90 appliances, let alone 90 appliances that could make use of this technology? Maybe your toaster will be reordering bread? Dude... eh hehehhehehe Did you see that I already responded to your question about what I meant by conservative>>>>>>>> in the above post>>>>>> https://bitcointalk.org/index.php?topic=178336.msg6502505#msg6502505 No I didn't, but I think the most important consideration here is will your toaster reorder bread? And no wheat! No way I'm spending my hard-earned appliance-bitcoins out of any one of my 300 wallets on that bullshit! Now, it sounds as if you are arguing merely for the sake of arguing.. b/c you are getting into the weeds about some side tangent comment that was made. NONE OF US really know any specifics about various future applications and whether they would be feasible or even be developed in whatever bitcoin eco-system that were to evolve - if one even evolves. So, there are some examples about how there could continue to be bitcion wallets developing beyond the number of people in the world, and even 256 billion would be 25-50 wallets per person (which certainly seems like too much to me, as well, but it is NOT 300 wallets per person alive).. |
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It is interesting that even if 30,000 NEW adopters a DAY will emerge then it is only 11,000,000 per YEAR ... ( and only 110 millions per 10 YEARS ... what is less than 2% of population )
You are looking at it the wrong way, addoption is exponential not linear. Once bitcoin appears more and more in the news and starts to go mainstream the rate of adoption will accelarate greatly. As I am sure I dont need to remind you btc is still magic internet money that a few nerds are playing with. That's a very good point.. .so we could be conservative and predict something like this (a doubling of the number of new wallets every year): 2033 - 256 billion new wallets Yet, even a doubling of new users every year would be a tremendous amount of growth for bitcoin, if such were to happen. Dude, seriously, 256 billion new wallets in 2033? That'd be like 25-30 wallets for each person on Earth. To even use the words "conservative" and "diminish" in this context...well I'd love to see what your not so conservative numbers are. Your semi-autonomous personal information devices each hold some of your coins and use them for stuff like micro-payments to news sites, the purchase of music. Your fridge automatically reorders the foods you've eaten each month. Considering this is the absolute wet dream of any bitcoin holder, in what way is it conservative again? Not to mention that, considering not everyone in the entire world will be using bitcoin, it assumes probably closer to 100 wallets per person. How many people do you know with 90 appliances, let alone 90 appliances that could make use of this technology? Maybe your toaster will be reordering bread? Dude... eh hehehhehehe Did you see that I already responded to your question about what I meant by conservative>>>>>>>> in the above post>>>>>> https://bitcointalk.org/index.php?topic=178336.msg6502505#msg6502505 |
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Your semi-autonomous personal information devices each hold some of your coins and use them for stuff like micro-payments to news sites, the purchase of music. Your fridge automatically reorders the foods you've eaten each month.
Your wallet app automatically creates 100'000 new wallets every time you use it, to inflate the app's usage statistics. This comment is retarded. If companies are considered economic entities on their own, independent of the humans who run them, why wouldn't your fridge be an economic entity on its own, independent of the humans it runs for? Why wouldn't people's t-shirts make them money by displaying ads? Each t-shirt would likely have its own wallet. Bitcoin injects steroids into ubiquitous computing. Some of the ideas and the responses, here are retarded; however, the overall concept that there may be multiple ways to create wallets that may be tied to people, organizations, governments or trusts is NOT retarded and within our current possibilities to conceptualize. |
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2033 - 256 billion new wallets
Does that mean that in 2033 every bitcoin user will own 2.56 billion wallets? Why would he need that? It could mean that or it could mean that a population of between 5-10 billion people would have 25-50 wallets per person. As we already know, wallets could be created by organizations or governments or even be attributed to entities that may NOT yet exist (such as a trust that would describe how the bitcoins in the wallet would be distributed upon the triggering of some future event(s)). Personally, as I stated in my previous post, i believe the market would become saturated much before 2033, which would cause considerable slowing down of the growth rate or would cause the model or the growth curve to shift. |
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The video seems to incorporate quite a bit of libertarian phraseology in its defending and defining of bitcoin. |
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It is interesting that even if 30,000 NEW adopters a DAY will emerge then it is only 11,000,000 per YEAR ... ( and only 110 millions per 10 YEARS ... what is less than 2% of population )
You are looking at it the wrong way, addoption is exponential not linear. Once bitcoin appears more and more in the news and starts to go mainstream the rate of adoption will accelarate greatly. As I am sure I dont need to remind you btc is still magic internet money that a few nerds are playing with. That's a very good point.. .so we could be conservative and predict something like this (a doubling of the number of new wallets every year): 2014 - 500K new wallets (this is assuming that about 2/3 of the (1.5million per year) new wallets on the blockchain are NOT really new people into BTC - so I am starting with a fairly low number that is approximately 1/3 of the total number of new wallets) 2015 - 1 million new wallets 2016 - 2 million new wallets 2017 - 4 million new wallets 2018 - 8 million new wallets 2019 - 16 million new wallets 2020 - 32 million new wallets 2021 - 64 million new wallets 2022 - 128 million new wallets 2023 - 256 million new wallets Total in 10 years = 511.5 million which is fairly conservative and a low estimation and still only about 5% of the population - which really leaves considerable more room for growth. If you continue with the projection of doubling for another 10 years, then you would reach saturation around 2026 or 2027.. and growth would have to slow down considerably around that time... b/c you would run out of people... though there may be other kinds of entities that would substitute for people.. so you may get a few more years out of the growth.. but likely the whole growth matter would diminish around mid-2020s with a doubling of new wallets every year. 2024 - 512 million new wallets 2025 - 1 billion new wallets 2026 - 2 billion new wallets 2027 - 4 billion new wallets 2028 - 8 billion new wallets 2029 - 16 billion new wallets 2030 - 32 billion new wallets 2031 - 64 billion new wallets 2032 - 128 billion new wallets 2033 - 256 billion new wallets Yet, even a doubling of new users every year would be a tremendous amount of growth for bitcoin, if such were to happen. Dude, seriously, 256 billion new wallets in 2033? That'd be like 25-30 wallets for each person on Earth. To even use the words "conservative" and "diminish" in this context...well I'd love to see what your not so conservative numbers are. Dude... he heh he... The "conservative" nature of my estimate would apply to the first few years, and mostly to the first 10 years, or at least until the market would become saturated in the mid 2020s at the latest. Probably I should have clarified that a little better? Nonetheless, I thought that my explanation would have clarified that I was starting out conservative.. .but, apparently NOT... If I were to revise such estimate, then I would remove the years after 2026 b/c probably a different growth rate would apply at that time. I would NOT expect continued exponential growth past the half way mark of market saturation (which would likely be around mid-2020s in that projection). I kept the numbers going upward at the same doubling rate, merely to demonstrate their direction if we were to keep the same doubling projection, if the rate were to remain the same doubling, every year.... but we all know the population (and/or markets are NOT likely to continue to be able to absorb such growth rate... Hopefully this clarifies for you... even though, based on your response, I question whether you had truly attempted to grapple with the main point(s) that I was attempting to make in the post. |
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It is interesting that even if 30,000 NEW adopters a DAY will emerge then it is only 11,000,000 per YEAR ... ( and only 110 millions per 10 YEARS ... what is less than 2% of population )
You are looking at it the wrong way, addoption is exponential not linear. Once bitcoin appears more and more in the news and starts to go mainstream the rate of adoption will accelarate greatly. As I am sure I dont need to remind you btc is still magic internet money that a few nerds are playing with. That's a very good point.. .so we could be conservative and predict something like this (a doubling of the number of new wallets every year): 2014 - 500K new wallets (this is assuming that about 2/3 of the (1.5million per year) new wallets on the blockchain are NOT really new people into BTC - so I am starting with a fairly low number that is approximately 1/3 of the total number of new wallets) 2015 - 1 million new wallets 2016 - 2 million new wallets 2017 - 4 million new wallets 2018 - 8 million new wallets 2019 - 16 million new wallets 2020 - 32 million new wallets 2021 - 64 million new wallets 2022 - 128 million new wallets 2023 - 256 million new wallets Total in 10 years = 511.5 million which is fairly conservative and a low estimation and still only about 5% of the population - which really leaves considerable more room for growth. If you continue with the projection of doubling for another 10 years, then you would reach saturation around 2026 or 2027.. and growth would have to slow down considerably around that time... b/c you would run out of people... though there may be other kinds of entities that would substitute for people.. so you may get a few more years out of the growth.. but likely the whole growth matter would diminish around mid-2020s with a doubling of new wallets every year. 2024 - 512 million new wallets 2025 - 1 billion new wallets 2026 - 2 billion new wallets 2027 - 4 billion new wallets 2028 - 8 billion new wallets 2029 - 16 billion new wallets 2030 - 32 billion new wallets 2031 - 64 billion new wallets 2032 - 128 billion new wallets 2033 - 256 billion new wallets Yet, even a doubling of new users every year would be a tremendous amount of growth for bitcoin, if such were to happen. |
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in short, will price rise or drop?
Note that those "Chinese Slumber" predictions are tests of a conjecture about the Huobi prices at late night local time being more predictable than prices at other exchanges or other times, or daily mean prices. They are not meant to be taken as trading advice; readers beware. That said, the prediction is at the top of the post: it says that the price at Huobi at the stated hour (~19:30 UTC) will be 2837 CNY, sightly higher than the last price at the same hour (2818 CNY). The method does not try to predict the price between those two moments. Possibly, Jorge's converting into a BTC bull? Once Jorge converts into a BTC bull, if that happens, then for sure we will be on our way (__________[fill in da blank]_________) |
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By the way is this the longest thread ever created?
on the entire internet yes. How would you know that? Obviously he read the entire internet. Adam is a bot... OM F'n G !!!!! Are you saying this is a bottOM? Hehehehe... That may be why Adam OM is always proclaiming Buy, Buy, Buy.... he can ONLY see bottOMs.... |
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By the way is this the longest thread ever created?
on the entire internet yes. How would you know that? Obviously he read the entire internet. Adam is a bot... OM F'n G !!!!! |
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This is skewed greatly by the fact that their developer API allows you to create a fresh MyWallet for each customer that comes to your site/service. So this may just mean a lot of people are just signing up to a new service that is backed by Blockchain.info's MyWallet service but no necessarily a new adopter, let alone adding additional value to the market. Yeah, but it is still just one service, and even if only 1/4 are new adopters, that is 30,000 new adopters a month. To my knowledge, I had NOT registered any wallet on blockchain info until 4 months after I had been buying bitcoin(s). There are likely a lot of ways to get into bitcoin without creating a wallet with blockchain.info... so maybe overall, the number of 120,000 per month is an accurate roundabout and overall estimate for the number of new users per month? I believe that all the estimates remain that bitcoin adoption is increasing, in spite several downfalls and impediments.. but no one really knows the exact numbers, even though there remain several estimations... |
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Are we seeing now the lowest point in bitcoin price for the next 6 months?
Probably the highest point in the next 6months. 100% true, never again $ 500 I am sure that a lot of posters in this thread would be willing to bet you on your proclamation of certainty.. if you were so brave to put your money where your mouth is... which I doubt you would b/c you do NOT even believe it yourself. |
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