Do buy some pizza.  |
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Sounds like someone panic sold. HODL next time.
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The waters are muddied not just because of alt coins, but because there are derivative coins dividing the market. If they are what they claim to be, then they will allow Bitcoin to once again surge upward. If they turn out to be pre-mined centralized coins and not decentralized open sourced coins, then they may set faith in Bitcoin back a step. If we see some real innovation that is useful for large business to adapt, then expect another bubble. Innovation is the key to adoption. Right now the price is where it needs to be.
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I hope to see this soon. The waters are getting muddied by centralized scamcoins that claim to be Bitcoin protocol overlays yet require closed source api servers that reserve the right to restrict access. I'm not trying to rush you, just do it right and show these scammers that there are no shortcuts. Counterparty (that name was my idea for an escrow betting coin in 2012) is pretending to be decentralized. Mastercoin may work, but seems too fragile and will probably sacrifice decentraliztion to avoid double spending. Ethereum is nothing but a hodgepodge of ideas, vaporware, and hype.
Colored Coins at least has your pledge to release open source chroma servers. Bitcoin deserves nothing less.
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It's not a matter of belief, it's the limitation of their optics. They operate under presumptions set forth by authorities without question.
Out of curiosity, how are you linking "profit" and "authority?" Until there is a multidisciplinary correlation supporting the hypothesis that profit is a measure of goodness, it appears to be a fallacy. Fallacies are the bread of authorities. It is far too easy to falsify and support the opposite view that profit leads to pain, pain leads to suffering, and someone loses a hand. That's such a wishy washy statement, anything can lead to pain, are you saying that the act of profit making actually inflicts pain? Can you give an example? Howabout the obvious one. Slavery. We're talking about free markets and voluntary exchanges, slavery is not a voluntary exchange. In slavery, the ones in pain are actually the product. There is a voluntary exchange between the buyer and the seller. edit: And it's a fine example of how the efficiency of the market has nothing to do with the 'goodness' of the situation. This is why science isn't about morality. It would be interesting to see some of these "free marketers" become products themselves. They might provide interesting data. |
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It's not a matter of belief, it's the limitation of their optics. They operate under presumptions set forth by authorities without question.
Out of curiosity, how are you linking "profit" and "authority?" Until there is a multidisciplinary correlation supporting the hypothesis that profit is a measure of goodness, it appears to be a fallacy. Fallacies are the bread of authorities. It is far too easy to falsify and support the opposite view that profit leads to pain, pain leads to suffering, and someone loses a hand. That's such a wishy washy statement, anything can lead to pain, are you saying that the act of profit making actually inflicts pain? Can you give an example? Howabout the obvious one. Slavery. We're talking about free markets and voluntary exchanges, slavery is not a voluntary exchange. How convenient to define the conversation to your arbitrary parameters. I am sure everyone in the world agrees with your worldview. |
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It's not a matter of belief, it's the limitation of their optics. They operate under presumptions set forth by authorities without question.
Out of curiosity, how are you linking "profit" and "authority?" Until there is a multidisciplinary correlation supporting the hypothesis that profit is a measure of goodness, it appears to be a fallacy. Fallacies are the bread of authorities. It is far too easy to falsify and support the opposite view that profit leads to pain, pain leads to suffering, and someone loses a hand. That's such a wishy washy statement, anything can lead to pain, are you saying that the act of profit making actually inflicts pain? Can you give an example? Howabout the obvious one. Slavery. |
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It's not a matter of belief, it's the limitation of their optics. They operate under presumptions set forth by authorities without question.
Out of curiosity, how are you linking "profit" and "authority?" Until there is a multidisciplinary correlation supporting the hypothesis that profit is a measure of goodness, it appears to be a fallacy. Fallacies are the bread of authorities. It is far too easy to falsify and support the opposite view that profit leads to pain, pain leads to suffering, and someone loses a hand. |
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For awhile I had to go into Wal-Mart to use moneygram for Bitinstant. Now I need not darken their door.
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It's not a matter of belief, it's the limitation of their optics. They operate under presumptions set forth by authorities without question. Limiting ones measure to only profits demonstrates that only tools that measure profits are used and any other data is discarded. This is called observational bias.
Do you have an example of an objective measurement of goodness that I (and everyone other human being from the beginning of time until today) missed? I have no doubt that you can come up with any number of subjective measurements that just by sheer coincidence happen to support your views. Any fool can do that, and plenty have. When you use words like "goodness" and you define them as subjective, you have already dismissed any objectivity. Measuring phenomena is multidisciplinary. There is no need to rely solely on "subjective measurements." It is easy enough to measure objective qualities of goodness. Qualities such as pleasure, nutrition and health, productivity (in general terms), social connectedness, etc. could partially define goodness. I would not interpret goodness in any moral sense, but in the overall wellness of people that tend to be generalized as good. This way we can independently measure factors that discern perceived goodness from acceptable norms. I'm not talking about a "school of thought," but demonstrable quantities subject to falsification and used for making useful predictions. This is an oversimplified explanation, but that's what science is. A truth can be told easily, but it's explanation is almost never easy when it comes to epistemological terms. |
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But they will get even cheaper. yay...  This is the Saint Valentine's Day Bitcoin Massacre. |
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Even if whales wanted to buy in, there are not enough exchanges to handle any volume.
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Let's hope the SR 2 folks turn themselves in to the authorities before their customers find them.
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"Go out and build a "Database of FUD" about the Master Protocol in the various other communities, and successfully engage people spreading FUD about us. No aggressive behavior, but rather careful communication and analysis"
Really? Is this project owned by the Church of Scientology?
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Lets see what happens when you can actually pull you coins out of BTC-e, Gox, And BitStamp.
the Irony is that all the smack talk of being shady that BTCe has lived through they are the most legit.. coins still flowing in and out with no issues. They did a quick wallet update the other day which was less than a few hours and the only issue they had was DDoS a few times They've been the smartest folks in the room for a long while I have a feeling that at BTC-E, incompetence is not tolerated and is dealt with severely. Just saying. |
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Apple bans blockchain app
Russia bans bitcoin
Major exchanges are broken and locked down due to protocol bug discovered in 2011 that was never patched
Silk Road 2 hacked; coins stolen
am i forgetting anything?
at this point, mtgox is only a small part in the crash
Yes. You forgot all the FUDsters crawling out from under their rocks that don't know what they are talking about. |
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Mt Gox should switch to Litecoin instead of Bitcoin
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Check China, also fall the same as gox !
Noob. We are playing people like you. Big fish eat little fish. Bigger fish eat them. If you're smart you either become a very big fish or a successful parasite. |
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We need a sportscaster to call out the play-by-play live action during these events.
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Because here in reality, what corporate raiders do is find companies that are inefficient and that can be broken up and the assets sold. Sold means that someone else is buying, which then strongly suggests that the buyers are able to make better use of those assets. Basically the opposite of waste.
Yeah, maybe i was exaggerating. That process can be a good purge. What i was talking about is more like hostile takeovers where one firm takes over a competitor just to rip it apart. Meanwhile, the efficiency you talk about is not directly related to the quality of the product or service the company delivers. Maximizing profits is more often than not the goal for these gutting operations. That is for the good of the shareholders, not for the good of people in general. See? This is why I usually just skip over this thread. Profit is the only objective measure of goodness that the world has. I find it nearly impossible for you or any rational sane person to believe that. It's not a matter of belief, it's the limitation of their optics. They operate under presumptions set forth by authorities without question. Limiting ones measure to only profits demonstrates that only tools that measure profits are used and any other data is discarded. This is called observational bias. |
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