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Author Topic: Should BTC Opinions be valued based on your BTC wallet size?  (Read 1762 times)
Monumental
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August 21, 2016, 02:25:30 PM
 #21

Should BTC Opinions be valued based on digital signature verifiable wallet size?

Absolutely not. Then we'd have morons like Roger Ver running things. No thank you. There are plenty of idiots who were in the right place at the right time. Some deserve more credit than that, but are still idiots. Shouldn't give their opinions any more weight.

As with anything else, the worthiness of an opinion should be based on merit. Intelligence and excellence should be rewarded. Not the ability to show control over some coins.

The bitcoin is not a PoS coin, so the opinion is not valuated by the wallet size. But it is valued by the PoW mining hash.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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August 22, 2016, 01:07:34 AM
 #22

I will now leave you people to swim in your conspiracy, idiot talk, and incorrect thinking.  =)

I see a lot of lies.  your "friend" that was gifted 100 BTC..  ha ha ha yeah right.

Bye chumps!
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August 22, 2016, 01:09:53 AM
 #23

You never fail to amuse Clown.

Keep up the good work!
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August 22, 2016, 07:56:49 AM
 #24

The bitcoin is not a PoS coin, so the opinion is not valuated by the wallet size. But it is valued by the PoW mining hash.
No, that's not right either. What you're talking about is still a person who has a lot of money, but just chose to invest it into the mining ecosystem. That does not in any way mean that they're good with the technicalities.

I see a lot of lies.  your "friend" that was gifted 100 BTC..  ha ha ha yeah right.
Actually, you could have probably gotten more than that from faucets back in the day due to the low fiat value of Bitcoin.

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August 22, 2016, 08:17:17 AM
 #25

For me it depends on how he or she acquire the bitcoins.  If you acquire it through investing, trading, earning it like typing and posting, it would be a valuable opinion even not looking on the wallet of bitcoin.  It means that he or she knows exactly how to make or earn bitcoins.  It could happen that he could have a big value of bitcoin but he is just new and just bought it.
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August 22, 2016, 11:04:30 AM
 #26

Quote
Should BTC Opinions be valued based on your BTC wallet size?

No, because it would neither solve the problems with trolling / rubbish posts nor would it be feasible. Face reality: Even rich people can hold stupid opinions, so I don't think you would be satisfied with the results - especially considering that you would also raise your expectations because of the measure. In worst case you would solve the troll problem but also loose a lot of diversity in the debate. I think both rich and poor must have equal rights to participate in discussions. (I admit I might be a bit biased here, since I'm not among the Bitcoin rich.) I think that rich people have more possibilities to get their voice heard anyway.

After all, it's highly unlikely that people will be willing to disclose their Bitcoin holding just to participate in a discussion. I'm pretty sure that such a measure would empty this forum pretty fast.

To improve the quality of discussion it might be a good idea to reintroduce the "newbie-prison" we once had here and to be more strict towards spammy members.

ya.ya.yo!

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August 22, 2016, 12:55:44 PM
Last edit: August 22, 2016, 07:29:34 PM by isen
 #27

I agree you don't need to have money to have an opinion on it.
I do not want the "opinion" of a poor person on economics!
I do not want the "opinion" of a NON doctor, about which pills I can mix, or other vital health life or death issues.
I do not want the "opinion" of a NON programmer, on how to program.
I do not want the "opinion" of someone who has no bitcoin, on how to get bitcoin, or has never done it before.
I don't agree with you but i understand your point,you can just ignore poor people's opinion on economics if you don't want them no one forces you to read them,but you can't remove from them the right to express themselves this is against bitcoin philosophy and everyone is equal no matter how rich he/she is.
We already living in a world where rich people's opinion have more value than the other's and this is what we are trying to change if one day i'll realize that bitcoin community is going at the same direction i will sell all my coins and stop using BTC.
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August 22, 2016, 04:57:34 PM
 #28

I will now leave you people to swim in your conspiracy, idiot talk, and incorrect thinking.  =)

I see a lot of lies.  your "friend" that was gifted 100 BTC..  ha ha ha yeah right.

Bye chumps!
yeah, people who boasts having a lot of bitcoins usually dont have no where near it as they wouldnt tell everyone that

 
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August 23, 2016, 10:27:58 AM
 #29

Of course not IMO, this in a way takes the value of everyone's opinion, I think everyone should have their own opinion and it should be heard regardless of their bitcoin wallet size. that probably would let bitcoin in the hands of few rich people.
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August 23, 2016, 11:08:01 AM
 #30

That's against the concepts of Democracy in general and against the idea of open society more specifically, I think everyone regardless of how much BTC they possess has the option to share there ideas and get as much respect and analysis as a big investor.
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August 23, 2016, 04:09:33 PM
 #31

Of course not IMO, this in a way takes the value of everyone's opinion, I think everyone should have their own opinion and it should be heard regardless of their bitcoin wallet size. that probably would let bitcoin in the hands of few rich people.
well thats true, if this happened then bitcoin would be more centralized in my opinion and we should avoid it at all costs to be honest

 
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September 01, 2016, 08:52:18 AM
 #32

Of course not IMO, this in a way takes the value of everyone's opinion, I think everyone should have their own opinion and it should be heard regardless of their bitcoin wallet size. that probably would let bitcoin in the hands of few rich people.
well thats true, if this happened then bitcoin would be more centralized in my opinion and we should avoid it at all costs to be honest

PoS is the best way to value the opinion of the bitcoin. But PoW is the way to control the bitcoin at the moment.
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September 01, 2016, 09:33:43 AM
 #33

<snip>
Insane people are incapable of amassing 100 BTC, and the economic opinions of poor people are an oxymoron.
<snip>
Not true at all.  Look at Robert Durst:  Insane as they come, and he amassed his fortune through inheritance and managed to keep it through his entire life of unbridled insanity.  He was caught shoplifting something like a can of tuna, and he had $50,000 cash in his car.  I would argue that the second half of the above statement is also false.  You don't need to collect stamps to be a philatelist, and you don't need to have money to have an opinion on it.

I agree you don't need to have money to have an opinion on it.
I do not want the "opinion" of a poor person on economics!
I do not want the "opinion" of a NON doctor, about which pills I can mix, or other vital health life or death issues.
I do not want the "opinion" of a NON programmer, on how to program.
I do not want the "opinion" of someone who has no bitcoin, on how to get bitcoin, or has never done it before.

Economics affect poor as much as It affect rich so his opinion matters.
Just because you own certain amount of BTC doesn't give your opinion extra weightage.Yes a doctor's opinion is important in health related issues but not drugists or pharmacists who has lots of pills similarly when it comes to btc,dev's opinion matters not the one'who holds large chunks

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September 01, 2016, 10:05:08 AM
 #34

I don't think so, there are people who just got lucky. Others have not been so lucky, but they can go further through the efforts.

sure you are right...and like you said effort is required to get there..
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September 04, 2016, 06:48:35 AM
 #35

I think everyone has a valuable opinion and everyones opinions should be taken seriously. Just because you have a smaller amount of BTC doesn’t mean you should have less of a say in things. Everyone has valid points and all opinions should be considered.
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September 04, 2016, 09:34:57 AM
 #36

I see a LOT of idiotic opinions about BTC going UP, DOWN, Conspiracy, taxes, Doomsday theories, and pointlessly impossible hypothetical theories.  Taxes, anti anonymous BTC wallets, etc.


Trolls get rank by posting this trash, to get high post counts and more stats on their profile.
Insane people are incapable of amassing 100 BTC, and the economic opinions of poor people are an oxymoron.

How about people start a new trend of "This is my question _____ This is how much BTC I have _____, here is proof."   
I have over 100 BTC, so I can talk smack about economics of BTC if I want.
Put your money where your mouth is next time you have some oxymoron troll thing to say.

It is sad that half of the users engage in such pointless threads.

Should BTC Opinions be valued based on digital signature verifiable wallet size?

Unfortunately we can`t stop trolls from writing their opinion.

Having lots of btc doesn`t make you right all the time about all topics.

Why do you care about trolls opinion?I don`t care about their theories.


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September 04, 2016, 09:37:11 AM
 #37

I think everyone has a valuable opinion and everyones opinions should be taken seriously. Just because you have a smaller amount of BTC doesn’t mean you should have less of a say in things. Everyone has valid points and all opinions should be considered.

In a truly decentralized system, this would be correct. The issue is that we're not truly decentralized. Despite this push and the claims that we are, all decisions are made by a very small group of people. It's more of like a representative system than anything.

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September 04, 2016, 09:45:41 AM
 #38

Should BTC Opinions be valued based on digital signature verifiable wallet size?

Obviously not, opinion is an opinion at the end, who checks your bank balance before considering your opinion?
This is something you might consider while someone is having a decision so he cannot take a decision if he is smaller than you in terms of finance but giving your opinion has always been a freedom for everyone.
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September 04, 2016, 01:35:06 PM
 #39

Of course not IMO, this in a way takes the value of everyone's opinion, I think everyone should have their own opinion and it should be heard regardless of their bitcoin wallet size. that probably would let bitcoin in the hands of few rich people.
you are right, i dont think that bitcoin should actually be regulated more by the people who are more rich because it would be ridiculous

 
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ClownSpider (OP)
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May 06, 2017, 02:34:36 AM
 #40

Should BTC Opinions be valued based on digital signature verifiable wallet size?

Obviously not, opinion is an opinion at the end, who checks your bank balance before considering your opinion?
This is something you might consider while someone is having a decision so he cannot take a decision if he is smaller than you in terms of finance but giving your opinion has always been a freedom for everyone.

Obviously you shouldn't claim Obviousness.
In reality you ARE judged by your bank account balance.
If you dress like shit, have no car, look unclean, women do not want to date you.
On the other hand...
If you dress NICE, have a NICE car, and look clean, women throw themselves at you!

Money is visible inn how you act and dress.  Like it or not Money is the ONLY measure of success.

The point is that broke people always complain about rich people and demand equal rights.
Rich people ignore this and compete with other rich people.

If someone does not have 1 bitcoin, their financial advice on earning Bitcoin is worth literally as much as they have, which is not much.

If Warren Buffet talks about how to make money, people listen.
If some broke ass 17 year old, living with his mom, has no car, wants to talk about how to make money, nobody cares.

Lead by example.
You cannot get paid to talk about getting rich if you are poor.
Nobody cares what you think about bitcoin, if you own nearly zero bitcoin.

I find it a troubling sign for the economy when broke losers on the internet spend the most time talking about shit they know nothing about.

I dare you to offer me advice on Bitcoin.
I wouldn't listen, because I might be one of the biggest bitcoin holders on this forum who is active and speaking.
Lost in a sea of worthless posts, and aimless minds that cannot accomplish anything meaningful.

I come to bitcoin talk every few months looking for intelligent people, asking intelligent questions, such as THIS question.
So far by the replies, I can see none have 2 bitcoins to rub together, and therefore don't have the time or ability to code JSON APIs.

This has been a talent search, and you all have failed the IQ test.
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