Everyone talks about being a survivor. What is the point? We don't need any more survivors. We need more dreamers and explorers. Imagine (or look up) what people like you said about the ones who got on boats pointed at the New World? People who do not seek their dreams will likely end up as sludge that doesn't go down the drain; You, I suppose.
Also, I have mined since 2010. I am an early adopter. I operate full nodes and run over a terrahash to heat my 6200 sq ft house. What makes you think I am not on the same path as Elwar in regards to going fully bitcoin? It is why I asked him about the rental stuff because I own a bit of real estate and some businesses. You put the ass in assumptions.
TL;DR: this person (Elwar) is a pioneer and a hero. We should cheer for him. If he is not a hero, what is a hero to you? Some cowardly schmuck that stays indoors and plays video games and occasionally looks out his window?
1. I never talked about "being a survivor", whatever that means. 2. "People like me". And you're saying I'm making assumptions? ROFL. You're making completely unfounded assumptions about me. I clearly showed you the reasons why going to the New World is fundamentally different from just using bitcoins. If you can't understand that, that's your own problem. I never made any assumptions of you. I'm not even gonna waste my time pointing out all the logical fallcies in your posts. It's so sad all you can do is insult people without any logic. |
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I don't get why everyone's supporting the OP. It seems silly to limit your choices like this. Clearly credit/debit cards still bring a lot of convenience in this world. Why not take advantage of that?
You have a single pathetic point but you are the person that stayed in Europe centuries ago or the person that stayed on the East coast of The newly formed USA. See you later, whateveryournameis. Keep moving, Elwar. You are my hero. Great job with the uncreative insults. If you believe in what the OP is doing, why not do it yourself? There's nothing wrong with staying in Europe, and in fact, Northern Europe is a much better place than the USA. Similarly, there is nothing wrong with the East coast; as logically flawed as your point was, you still choose a rather pathetic example. See, with moving to the New World, or the West Coast, or becoming an Early adopter of bitcoin, there are huge potential benefits. People made millions of dollars. Billions of dollars, even. For the efforts and risks they took, they created a lot of value in the world, and they reaped the benefits of that themselves as well. But what about what the OP is doing? How will that help society? How will that help himself? It won't. All it does is limit his own choices. There is no potential upside. A person who chooses to live without fiat a year earlier than everyone else won't benefit him (or anyone else) in any way; it's completely different than being a first mover in the New World or whatever. |
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I don't get why everyone's supporting the OP. It seems silly to limit your choices like this. Clearly credit/debit cards still bring a lot of convenience in this world. Why not take advantage of that?
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if for you is comforting , I can tell you that the last halving has seen a rise in price, but the history does not necessarily reflect the future, it is just an indicator
nonetheless i'm confident that the halving will bring a rise
I personally suspect a rise around that time (or at least at that time the price will be significantly higher than now) but that's not so much because of the halving as much as the infrastructure of bitcoin becoming a lot more mature, and more awareness that bitcoin isn't a scam, and isn't fake because it's virtual. More acceptance in general. |
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perhaps this should go in the speculation section. But the answer is obviously no one knows. Some think it will go up, some don't. The problem is, there are way too many factors affecting bitcoin's price, we just don't know how big a factor the block rewards are.
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I went to China early this year, and my grand-aunts/uncles, who don't even know where Vietnam is relative to China, has heard of bitcoin.
The state news CCTV1 must've talked about it occasionally, and pretty much everyone in China watches it so I'd say the vast majority of Chinese people have heard about it. But they probably don't really know what it is.
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Props for turning a discussion into an argument; extra points for starting if off with an insult!
Semantics aside of whether something is a discussion or argument, I'm sorry if that came off as an insult. I just find that in such discussions/arguments, people often get too deep into it, trying to "win", and eventually everyone loses sight of the big picture and it becomes completely derailed from the original topic. Happens to me too. |
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Certainly I wouldn't expect VCs, especially ones like Marc Andressen to invest in something like that.
Of course, to begin with, what is "good for public" anyway. Quite hard to define.
In the particular case for bitcoin, since I am not one of those libertarian ideologists, I don't mind more centralization or government control or whatever. As long as bitcoin goes mainstream and goes up in VALUE (real value, not necessarily just against fiat) I say it's a good thing. And at this point, I think any company that isn't a complete scam, like a ponzi or whatever is probably good for bitcoin, because it means that there are more use cases (or more choices). Even if it doesn't necessarily benefit all bitcoiners (or even a majority of them).
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What is good for investors is usually something that is in demand or a problem for the public, if there is no public demand or want for something it will waste money and die. That's not necessarily true. For example, an investor in Snapchat might really not give a hoot about people wanting a platform on which they can exchange semi-temporary pictures with captions - but they could be very interested in the 'anonymized' database that this establishes and the potential for selling that 'aggregrate' data down the line. That said investment money may be what keeps something like Snapchat operating could be considered 'good' for the public, but that's more of a symbiotic relationship between 'good fors' than that they overlap or are to be considered the same. Similarly - just as an example - the multiple investment rounds in BitFury are good for the public because it means that there's at least one more major player mining away on the network - but it's done nothing for the public at large in terms of availability of their product (be that chips, miners, contracts, etc. - setting aside whatever consumer transactions device they were talking about). The investments reflect this, as the interest is in having an entity with mining power around which other services can be built. In an effort to seem intelligent, your argument misses the point to begin with. No matter what reason an investor makes the investment, a necessary truth is that this investor believes the company won't go bankrupt, at least not before he gets what he wants. Which pretty much necessarily means the company will need costumers. Which pretty much necessarily means that the company is providing something that some people want to use. So in the end, it doesn't matter why an investor wants to invest. By the act of investing, especially such a large amount like in 21 inc., chances are the company is something that potentially many people will want to use. |
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- The bit dollar will be fundamentally everything that bitcoin is not: fully centralized, and fully reversible. There will be no mining of the bitdollar. Instead, all bitdollars will be awarded to the company in the Genesis block and nodes will immediately begin garnering rewards in a transaction fee based economy.
- The client will be partially decentralized, just like a human body or government. Nodes will be trusted to process transactions but 22, Inc. will retain master control over the blocks and must verify each block before it becomes part of the chain. There is a three day processing time for each successful block before 22, Inc. permanently writes it to the ledger. This may create some technical hurdles having nodes working on blocks that they aren't even sure will ever be valid. But we will hire some smart guys to figure that part out.
That's nice. If you have full control over the processing of blocks I think I'd much rather stick to fiat where I can use it anywhere (via Visa/MC) and I don't have to worry about you guys randomly disappearing one day. Your idea is pretty much just a worse version of fiat - at least the government is somewhat accountable (via elections) and is not anonymous. As to venture capital - if you really want to do something you'd be better off pitching to venture capital firms rather than here, doubtful anyone will donate to your cause. LOL He got you too, didn't he? Check out the previous posts above yours. The OP made a parody of 21 Inc. To quote our CEO, "we are a professional financial corporation". You can use our bitdollars anywhere in the world. Bring your laptop to Antarctica if you like, it will still be there. You don't have to worry about us disappearing, as we are a professional financial corporation. Even if we disappeared, our bitdollars will still be on your computer. |
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Today's topic is Which city do you think can be the global bitcoin hub in the future? Why?
I'm not so sure that bitcoin has a future. It seems to me that the real innovation is occurring on alternate blockchains. In my view, Bitcoin needs Satoshi to return and to continue inventing and innovating. Right now bitcoin development is nil. It's like what if Henry Ford died and they had just kept cranking out Model T's. People like cup holders, rear view mirrors, and power steering. Not a good example. Money doesn't work that way. People can't just change from one form of money to another like replacing a chair or something. It's more like using a president for one issue, and then electing a new president for the next issue. It won't work that way. EDIT: Actually a better way to put it is, even if those little accessories like cup holders are useful, I think most people would prefer a lambourghini without a cup holder to a horse with a cup holder strapped on. altcoins are missing the biggest thing bitcoin has (more of), which is network effects. Even if it was marginally better, it lags behind so far in the most important criteria that it just won't be used (as much). |
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the markets are a zero-sum game /cliche
But the fees are like a house edge at the casino; making your EV negative. So you can expect to lose, unless you're really lucky or really skillful.
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I think more than pachinko, you're looking for something like Entropia Universe.
Used another way, Entropia Universe can almost become an exchange without KYC bullshit.
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I have wisdom to share: This is originally a line from Buckaroo Banzai Across The Eigth Dimension:
"No matter where you go, there you are."
You, with money, are the same person as you, without money. Having money may change the way you live, but get over the idea that it will change you. It won't. If you expect it to, you'll waste a lot of time trying to figure out who you are. And if you do shit you don't like or aren't good at, expecting that you will like it or be good at it now that you have money, you're being dumb. If you're unhappy without money, you'll probably be unhappy with money. If you can't form stable relationships because you don't value other people enough, you'll still have that problem when you have money. etc.
So, long-story-short: money is a tool, not an aspect of identity.
I agree with the morals of this to a certain extent, but not with the content. The fact is, people do change with money. People become more greedy, become paranoid, etc. But it works the other way too. If you're doing "shit you don't like or aren't good at" now to survive, if you had money, you wouldn't need to do that. It gives you a lot of choices. You can avoid things or people you couldn't avoid before. |
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If I remember correctly, I saw few posts like this before the last super spike in October 2013. I was not a member of the forum then. Is it the case that some people can sense the wave coming ?
I wasn't here back then, but I bet it's more of a selective memory type of thing. You tend to forget the 1000s of wrong predictions/bad timing, and remember the ones that were right. There are always people screaming next bubble is coming or cash out now bitcoin's gonna go to 0. And whatever happens, we just remember the correct predictions. I am not talking about the thousands of trolls speculating about bitcoin upward or downward. This certain post pattern is a class apart than the rest and seasoned eyes can recognize it. It is not a typical school boy post or lousy words of an unsatisfied individual. It is coming from a seasoned individual who has seen ups & downs of life. And this type of posts are rare... hm... I can't see it. I mean, maybe you're right, but I personally can't see it. Especially when I take into consideration some of the other threads by the OP, like these: https://bitcointalk.org/index.php?topic=1051740.0 https://bitcointalk.org/index.php?topic=1032501.msg11141776#msg11141776https://bitcointalk.org/index.php?topic=1009202.0https://bitcointalk.org/index.php?topic=914517.msg10193117#msg10193117 |
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If I remember correctly, I saw few posts like this before the last super spike in October 2013. I was not a member of the forum then. Is it the case that some people can sense the wave coming ?
I wasn't here back then, but I bet it's more of a selective memory type of thing. You tend to forget the 1000s of wrong predictions/bad timing, and remember the ones that were right. There are always people screaming next bubble is coming or cash out now bitcoin's gonna go to 0. And whatever happens, we just remember the correct predictions. |
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What about getting that free TV, or whatever, then rip out the ASIC?
If they gave out free laptops, I'd totally get one.
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OP sounds like the type of guy i would like to have a conversation and a beer with...
There will always be people in our lives who think that personal achievement simply happens.
Like you have access to more lucky magic than they do.
Hard work, tactical financial risks, and not wasting money on things you simply dont need etc.
This has nothing to do with luck. You cant earn luck.
To anyone who thinks OP was too long, i highly recommend taking the time to read this one.
Truly one of the better posts of 2015
You were lucky to be born with the kind of mind that thinks the correct way. I feel very lucky about that  I'm not quite sure how serious the OP is though. Read some of his other posts. Not that that should distract from the points in this particular post; |
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i see too many assumptions in this thread. Or maybe you guys know something I don't.
1. Are the applicances going to make use of the heat generated by the ASIC, or, are they just bundling an ASIC with a random appliance?
2. Can you turn it off whenever you want?
It seems that people automatically assume that you can't turn it off or something. Which, in a sense is obviously not true since you can just unplug it. But assuming it's something that shouldn't be unplugged often like, I dunno, lights or something, you guys are assuming that it'll run forever costing you electricity.
If you can just turn it off whenever you want, then it's not really costing you electricity, since you would've spent that electricity anyway. Unless, of course, the ASIC uses additional electricity than what the appliance otherwise would use.
Anyway, too many assumptions, too many unknowns.
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What does the title have to do with the article?
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