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Fantastic thread, out of merits otherwise you'd get 'em. Thanks for sharing this very useful information.
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finally a climate-neutral possibility to mine bitcoin  That's ridiculous. Cat-bread's have almost no torque. I'm more concerned about the labor involved fixing the crankshaft to that particular attach point. I imagine claw proof protective gear is in order. |
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I have a dog with no legs. I call him Cigarette because every evening when I get home from work I take him for a drag.
My sister had a dog with 3 legs, she named it Fraction. Great dog, couldn't jump as well as others but can't say the handicap really affected him much. Fur reals. |
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What happened to this project? At first, he showed great promise. The idea of the project is great, but the last months there are no announcements, they are constantly postponed. I hope the project team will soon give us good news.
In my opinion it has failed because it couldn't overcome most of the same issues that have been plaguing the music industry since the first mp3 was pirated. Kids have always been the main driver of music sales, and kids don't buy music anymore. They stream it or download it for free. MUSIC is trying to inject fair economics back into it and is a great idea for musicians but the consumers just don't seem that interested. |
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next crypto wave is not going to be ico, ieo, bno or dingo, i can tell you that. the easy free money is gone.
next crypto wave is going to be dapp, mark my word for it. useful and killer dapp would make it own money.
That is my feeling also. Still waiting on the revolutionary dapp. It won't be games, it'll be some enterprise level dapp that gets adopted by corporations worldwide is my guess. I sometimes wonder if devs are waiting on the Ethereum network upgrades before fully committing though. So far the reality of eth dapps hasn't lived up to the hope. |
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Some more details on that indicator here, they seem to say that the top call isn't as reliable as the bottom... https://medium.com/adaptivecapital/bitcoin-market-value-to-realized-value-mvrv-ratio-3ebc914dbaeeThresholds: Going forward, as market cap decreases in volatility, we believe that the upper threshold of MVRV might not prove as reliable — as market cap overextends less and less above realized cap as time progresses. However, we expect the lower threshold to remain useful to detect Bitcoin’s undervaluation in multi-month periods ripe for accumulation. |
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Old hat to many here I'm sure but I liked this quote... History has shown us time and time again that when multiple forms of money are used in parallel, it’s the hardest (or most reliable) money that wins every time.
And Bitcoin is the most reliable money we’ve ever invented.
https://simplebitcoin.co/the-biggest-misconception-about-bitcoin/ |
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Interesting article, ... Central and commercial banks are the top dogs of the world’s largest market by trading volume—the $5-trillion-a-day foreign exchange (FX) market. A closer look at the balance of power in this global industry reveals how banks could manipulate, and even dominate, cryptocurrency in an unregulated market.
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Through policy, central banks could incentivize their commercial underlings to realize Hal Finney’s “Bitcoin bank,” replicating the fractional-reserve banking system of today using BTC as reserve currency and effectively integrating it into the world of FX.
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If banks enter the crypto market in force and employ some of the tactics they have evidently used to dominate FX—legitimate or mischievous—heavy implications could be in store for the price discovery of cryptocurrency. Ultimately, both commercial and central banks would profit from placing fiat-style controls over crypto and subjecting the market to the same dynamics at play in FX.
https://cryptoslate.com/will-banks-inevitably-control-the-cryptocurrency-market/ |
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Do you have any idea what a pain in the ass it is to get rid of gold? Just leave it on the curb, I'll come by for pickup after work. |
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There are different types of predictions, from unreliable short-term predictions for traders, to pretty reliable long-term predictions for us holders. It would be wrong to just dismiss all of them.
Totally agree, that's why I find the topic pretty interesting. |
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This is nonsense. No evidence, no rationale. It's like driving straight on a road because on the the rear mirror it has always been a straight road. Or like drawing a straight line through a price chart of the last 4 years and expecting it to still be straight 4 years from now. |
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Some of you may get a kick out of this article... Of course, technical analysis sometimes seems to work, says Janny Kul, who crunched the numbers on hundreds of TA research papers. Likewise, a coin flipped several times might yield five heads in a row. But falsely assuming that the coin’s past landings affect the probability of its future landings is wrongheaded. Indeed, the fallacy even has a name—“statistical independence.” https://decrypt.co/9002/technical-analysis-the-art-of-wrongly-predicting-the-future"Coin’s past landings affect" analogy is stupid. There's a big chance tomorrow's price will be close to today's price, everyone knows that. Tomorrow's price is not "statistically independent" from today's price. Multi-year trend lines also can be useful for multi-year predictions. Even past 2-3 months can be useful, like right now we're experiencing 80 days of sideways. So there is a good chance we'll continue moving sideways for at least another week. Can you quantify the 'good chance' and why the week time duration of your prediction? I think the analogy works when you consider the prediction is not whether the price is close to short term past but whether it moves up or down relative. That's the coin flip part. At least that's how I understood it. |
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I actually liked the answer McAffee gave when asked about his motivation for promoting. I also thought this comment on the vid was hilarious... I was on this cruise. I think we may have accidentally got on the wrong ship, as it appeared that we had found ourselves on a tragic beauty queen contest boat. I think the organisers may have greatly underestimated the intelligence of the crypto community. The guys aren't the sort of idiots that would be excited by that calibre of women, the crypto community that I know are highly intelligent, and it really took any sort of soul out of the event and made crypto seem like a seedy greedy lambo loving gold digger drenched hell. I felt like I needed to shower for 3 days afterwards. On a positive note, this is a beautifully made vid!  |
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Some of you may get a kick out of this article... Of course, technical analysis sometimes seems to work, says Janny Kul, who crunched the numbers on hundreds of TA research papers. Likewise, a coin flipped several times might yield five heads in a row. But falsely assuming that the coin’s past landings affect the probability of its future landings is wrongheaded. Indeed, the fallacy even has a name—“statistical independence.” https://decrypt.co/9002/technical-analysis-the-art-of-wrongly-predicting-the-future |
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Raising the reward is 10 times a big mistake. The number of miners may increase,
but they will not be holders and will drop the price even lower. Existing coin holders will suffer a lot, about 10 times ...
Turns out you might be right about this. We might need to revert this change back to 50HODL/block mining reward. Has the max supply changed as well? About a year from now it might.  |
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Well wishes to V8 and your family, may your wife receive the best care possible and go into remission.
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Pretty cool stuff. Prices are in fiat I notice.  |
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