http://youtu.be/d-_DuWWPvKg Published on 22 Oct 2013 VERY Interesting interview with R Kurzweil .. also there is a brief bit about Bitcoin and there is some discussion of decentralisation. Bitcoin @ 4 minutes and 11 minutes whole vid is good though. Exponential perspective. Anyone watch the video? Check out all the jewelry and the broach Kurzweil is wearing, they are all DMLS 3D printed from shapeays. I agree in part with what he says but his ego is eroding his authority. Indeed... but even if 25% of it goes the way he thinks... hold onto your sanity... because it is going to be a wild ride! (ha ha talking of his ego- one of his ambitions is to bring his father back to life...) |
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it's basically all about protecting france. How long will the Germans play? and by play I mean Pay. |
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Longer than any of us think. Hmmm... you would hope so... but I rather think that is still sooner than some think...to some degree the wheels are already in motion... just waiting for the chips to fall... Can only kick that can down the road for so long... Portugal Italy Greece Spain (and others in the Eurozone) Are all in the shit. So are Bulgaria So are Argentina and they are just the ones on the brink of the next wave of shit.. There are other even bigger problems brewing away underneath in several other places... (not to mention the US (and others) still seem to be on a debt suicide mission, with zero sign of changing course) This cannot help long term confidence in the bond market.. there is already pressue on the bond markets in more ways than one.. one new big problem could lead to contagion and bingo it is systemic before you can say Bear Stearns. Coupled with the QE scenarios , either QE to infinity nor tapering look that attractive There is only so long that the can , can be kicked down the road... they are barely in control now... what happens if when fate throws a curve ball into the mix? I'm 100% with you regarding all this shit but I dont think it's about to hit the fan. It is often when sentiment is high...even too high that trouble is around the corner  That being said "about to" is a hard one to call... But there is a fear of a domino effect... and the house of cards can only be propped up so long.. My fear is with the information we have at the moment, and bearing in mind that the ECB does NOT have the money to bail out the Eurozone.. that it may seem like we can keep this all propped up at the moment, with the current data... I am worried about the event that comes out of nowhere and gives the house of cards that little nudge that it needs to begin to collapse... when it happens, because it is not if, but when.. then I fear , that the fear of contagion, would be enough to give it that second little push it needs to start to really bring the house down.. Point is I am not so sure of them foundations ... it would not even need a perfect storm at this point... just an excessive gust.... Where and when that comes who knows.... it could come out of the left field, and by that I mean the east.... and it maybe soon, and by soon I mean anytime from now to next few years... But one thing is for sure... cycles and another thing is for sure... all that shit under the rug, is still there even though it is brushed out of sight... Timewise who knows 100% , though that sentiment chart is interesting. |
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http://youtu.be/d-_DuWWPvKg Published on 22 Oct 2013 VERY Interesting interview with R Kurzweil .. also there is a brief bit about Bitcoin and there is some discussion of decentralisation. Bitcoin @ 4 minutes and 11 minutes whole vid is good though. Exponential perspective. Anyone watch the video? |
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Taking all factors (political, financial, rationality, greed, etc.) into consideration, I predict BTC will hit a high of $950 in 2015 and settle at about $750.
I predict your prediction to be wrong. +1 "The Force is strong in this one..." : )  |
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Longer than any of us think. Hmmm... you would hope so... but I rather think that is still sooner than some think...to some degree the wheels are already in motion... just waiting for the chips to fall... Can only kick that can down the road for so long... Portugal Italy Greece Spain (and others in the Eurozone) Are all in the shit. So are Bulgaria So are Argentina and they are just the ones on the brink of the next wave of shit.. There are other even bigger problems brewing away underneath in several other places... (not to mention the US (and others) still seem to be on a debt suicide mission, with zero sign of changing course) This cannot help long term confidence in the bond market.. there is already pressue on the bond markets in more ways than one.. one new big problem could lead to contagion and bingo it is systemic before you can say Bear Stearns. Coupled with the QE scenarios , either QE to infinity nor tapering look that attractive There is only so long that the can , can be kicked down the road... they are barely in control now... what happens if when fate throws a curve ball into the mix? |
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Taking all factors (political, financial, rationality, greed, etc.) into consideration, I predict BTC will hit a high of $950 in 2015 and settle at about $750.
I predict your prediction to be wrong. |
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in the future...   |
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Cool and inspiring post  Thank you : ) Interesting topic... times are changing... "In the next century we will move forward at a rate not 100 years, but 20,000 years" Ray Kurzweil. |
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Injectable AI "companion" anyone?
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Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.
Phone size is increasing again. 30 Years Of Cell Phones  Yeah but the bigger screen phones are mainly for people that want bigger phones...I think to a certain extent we will see phones start to turn in to wearables next, but people are still going to want a screen... also "devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student" cannot be overlooked or understated, it is quite profound in its implications if the trend we have seen in tech continues .... then how about virtual reality direct to your senses.. mindboggling |
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http://youtu.be/d-_DuWWPvKg Published on 22 Oct 2013 VERY Interesting interview with R Kurzweil .. also there is a brief bit about Bitcoin and there is some discussion of decentralisation. Bitcoin @ 4 minutes and 11 minutes whole vid is good though. Exponential perspective.
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Pointing to the smartphone, Kurzweil says, devices like the iPhone are 100,000 times smaller than the computer that he used as an MIT student. "It is also several thousand times more powerful," he says. "It is a million times cheaper. That is a several billion-fold increase in price performance." Technology is being reduced at a rate of "100,000 in 3-D volume per decade," says Kurzweil. "That is another predictable exponential trajectory, so computers of this capability will be blood-cell size in 2030.
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