ChartBuddy
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 07, 2015, 12:04:11 PM |
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nioc
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Activity: 1624
Merit: 1008
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October 07, 2015, 12:11:24 PM |
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China decided to go to the moon alone  6$+ between Bitstamp and China. It's been like this for days. Presently $5 |
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billyjoeallen
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Hide your women
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October 07, 2015, 12:57:09 PM |
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That's a circular argument. Lots of people are reluctant to adopt a technology that isn't scalable. In't isn't exactly the Field of dreams. If you build it, they may not come BUT if you DON'T build it, they certainly won't.
This. I was talking to the owner of the bar I was at the other day and was explaining Bitcoin to the owner. I almost had him convinced to start accepting bitcoins for payment when he stopped and was like "wait a minute, what are the block size parameters and transactions per second?". Needless to say he was displeased that in 2 years the code would need to be changed if current transaction volume continued to increase at the current rate. He then started asking me about alt coins like Doge. He decided to start accepting Doge instead because he thought it had a funny picture with the dog and he was like "you has doges?". A SNARK IS NOT AN ARGUMENT. THE PEOPLE WHO BUILT SOFTWARE INFRASTRUCTURE ARE NOT GOING TO LAYER ON TOP OF A NON-SCALABLE BLOCKCHAIN. It's too much work for too little reward. The people who finance the infrastructure are not going to pay for it. Speculators like me are not going to invest when the expected future returns are based on the utility of only a settlement network. We don't have two years. Bitshares 2.0 is going to launch literally in a week. Altcoins can take all your good code and build a chain on top of it now. Many have and a billion-dollars to launch a real competitor is chump change for Silicone Valley or Wall Street. I understand you want an armored truck and not a sports car, but even a Brinks truck has to keep up with traffic. If you want Bitcoin to be the MySpace of crypto, keep doing what you're doing. |
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ChartBuddy
Legendary
Online
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 07, 2015, 01:03:37 PM |
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ssmc2
Legendary
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Activity: 2002
Merit: 1040
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October 07, 2015, 01:30:34 PM |
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Weak bear trap. Yawn.
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ghandi
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October 07, 2015, 01:34:30 PM |
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I like this gentle raise since sep 22. Just keep going.  |
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ChartBuddy
Legendary
Online
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 07, 2015, 02:03:56 PM |
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ChartBuddy
Legendary
Online
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 07, 2015, 03:03:27 PM |
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ElectricMucus
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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October 07, 2015, 03:37:46 PM |
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How is that "World Wide Ledger" astroturf doing? |
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brg444
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October 07, 2015, 03:42:33 PM |
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That's a circular argument. Lots of people are reluctant to adopt a technology that isn't scalable. In't isn't exactly the Field of dreams. If you build it, they may not come BUT if you DON'T build it, they certainly won't.
This. I was talking to the owner of the bar I was at the other day and was explaining Bitcoin to the owner. I almost had him convinced to start accepting bitcoins for payment when he stopped and was like "wait a minute, what are the block size parameters and transactions per second?". Needless to say he was displeased that in 2 years the code would need to be changed if current transaction volume continued to increase at the current rate. He then started asking me about alt coins like Doge. He decided to start accepting Doge instead because he thought it had a funny picture with the dog and he was like "you has doges?". A SNARK IS NOT AN ARGUMENT. THE PEOPLE WHO BUILT SOFTWARE INFRASTRUCTURE ARE NOT GOING TO LAYER ON TOP OF A NON-SCALABLE BLOCKCHAIN. It's too much work for too little reward. The people who finance the infrastructure are not going to pay for it. Speculators like me are not going to invest when the expected future returns are based on the utility of only a settlement network. We don't have two years. Bitshares 2.0 is going to launch literally in a week. Altcoins can take all your good code and build a chain on top of it now. Many have and a billion-dollars to launch a real competitor is chump change for Silicone Valley or Wall Street. I understand you want an armored truck and not a sports car, but even a Brinks truck has to keep up with traffic. If you want Bitcoin to be the MySpace of crypto, keep doing what you're doing. how old are you again? You guys still bother to engage in discussions with THIS guy? How's that supposed to work? How many "blockspace" do I get for 1 bitcoin?
Easy. 1/21,000,000th of the whole chain. I answered your question, now you answer mine. If I'm not buying space on the blockchain when I'm buying bitcoin, what am I buying?So for 1 bitcoin I get 1/21,000,000th of the whole chain? Are you for real? Were you hit over the head with something?
Nope. I get one twentyone millionth of the whole damn chain. 4 eva. If you think that's too much, then perhaps you are selling your coins too cheaply. If I'm not buying blockspace when I'm buying bitcoin, then what the hell am I buying?
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hdbuck
Legendary
Offline
Activity: 1260
Merit: 1002
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October 07, 2015, 03:50:34 PM |
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That's a circular argument. Lots of people are reluctant to adopt a technology that isn't scalable. In't isn't exactly the Field of dreams. If you build it, they may not come BUT if you DON'T build it, they certainly won't.
This. I was talking to the owner of the bar I was at the other day and was explaining Bitcoin to the owner. I almost had him convinced to start accepting bitcoins for payment when he stopped and was like "wait a minute, what are the block size parameters and transactions per second?". Needless to say he was displeased that in 2 years the code would need to be changed if current transaction volume continued to increase at the current rate. He then started asking me about alt coins like Doge. He decided to start accepting Doge instead because he thought it had a funny picture with the dog and he was like "you has doges?". A SNARK IS NOT AN ARGUMENT. THE PEOPLE WHO BUILT SOFTWARE INFRASTRUCTURE ARE NOT GOING TO LAYER ON TOP OF A NON-SCALABLE BLOCKCHAIN. It's too much work for too little reward. The people who finance the infrastructure are not going to pay for it. Speculators like me are not going to invest when the expected future returns are based on the utility of only a settlement network. We don't have two years. Bitshares 2.0 is going to launch literally in a week. Altcoins can take all your good code and build a chain on top of it now. Many have and a billion-dollars to launch a real competitor is chump change for Silicone Valley or Wall Street. I understand you want an armored truck and not a sports car, but even a Brinks truck has to keep up with traffic. If you want Bitcoin to be the MySpace of crypto, keep doing what you're doing. how old are you again? You guys still bother to engage in discussions with THIS guy? How's that supposed to work? How many "blockspace" do I get for 1 bitcoin?
Easy. 1/21,000,000th of the whole chain. I answered your question, now you answer mine. If I'm not buying space on the blockchain when I'm buying bitcoin, what am I buying?So for 1 bitcoin I get 1/21,000,000th of the whole chain? Are you for real? Were you hit over the head with something?
Nope. I get one twentyone millionth of the whole damn chain. 4 eva. If you think that's too much, then perhaps you are selling your coins too cheaply. If I'm not buying blockspace when I'm buying bitcoin, then what the hell am I buying?
nah, just rhetorical question.  |
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ChartBuddy
Legendary
Online
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 07, 2015, 04:05:01 PM |
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muyuu
Donator
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Activity: 980
Merit: 1000
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October 07, 2015, 04:40:37 PM |
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jerk
Newbie
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Activity: 57
Merit: 0
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October 07, 2015, 04:53:05 PM |
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ummm do you really find this surprising, they have said in the past they expect $40,000 per coin in the future. |
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brg444
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October 07, 2015, 04:53:55 PM |
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that sounds perfectly sane to me. |
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!! pop
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Activity: 56
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October 07, 2015, 05:00:13 PM |
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that sounds perfectly sane to me. Me too. If we start using bitcoin like real money, other people might get the wrong idea and start using it like money, and then where would we be? |
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ChartBuddy
Legendary
Online
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 07, 2015, 05:03:33 PM |
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brg444
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October 07, 2015, 05:16:58 PM |
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that sounds perfectly sane to me. Me too. If we start using bitcoin like real money, other people might get the wrong idea and start using it like money, and then where would we be? of course. cause everyone knows money burns a fucking hole through your pocket and you absolutely HAVE to spend it. Right? |
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