proudhon (OP)
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April 18, 2013, 03:23:56 AM |
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Not sure how I feel about this. It's neat that it'll be talked about in that forum, but I'm not sure most bitcoin services are prepared for the kinds of loads that things like Colbert can bring.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Elwar
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Viva Ut Vivas
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April 18, 2013, 03:25:05 AM |
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What kind of services? You mean MtGox?
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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proudhon (OP)
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April 18, 2013, 03:29:40 AM |
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Bitcointalk.org, bitcoin.org, blockchain.info, bitcoincharts.com. The exchanges too, but mostly other stuff.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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markio
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April 18, 2013, 03:30:16 AM |
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My eyes glow green
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markio
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April 18, 2013, 03:31:54 AM |
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"Now if you don't know what bitcoin is... wanna buy some bitcoin? eh? Are you sure?"
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Peleus
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April 18, 2013, 03:32:59 AM |
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I think you're overestimating the impact of Bitcoin appearing on colbert.
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proudhon (OP)
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April 18, 2013, 03:34:14 AM |
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I think you're overestimating the impact of Bitcoin appearing on colbert.
Maybe so.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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jojo69
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diamond-handed zealot
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April 18, 2013, 03:37:10 AM |
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I think you're overestimating the impact of Bitcoin appearing on colbert.
not sure how you can overstate that, show is huge
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable. Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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Crypto Canary
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April 18, 2013, 03:37:39 AM |
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Darn it, I thought I was going to be able to be the first to post about this because I just noticed it and I was already on the site, oh well... What does everyone think will happen due to the Colbert Bump?
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JordanL
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April 18, 2013, 03:39:43 AM |
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Blockchain.info has been down for over an hour already even before this. I think that the answer is no.
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jojo69
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diamond-handed zealot
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April 18, 2013, 03:39:54 AM |
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to da MOON!!!!!
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable. Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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proudhon (OP)
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April 18, 2013, 03:41:09 AM |
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to da MOON!!!!!
Hopefully not that. And hopefully the load on websites doesn't bring them down. Still, I think with all the attention the project has been getting it might be time for website operators to up their bandwidth.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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BitcoinAshley
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April 18, 2013, 03:46:57 AM |
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Could the Colbert Bump have a significant effect in a few weeks when interested viewers who may have seen it pop up in the press once or twice in the past, decide to fund an exchange account or set up an OTC? Yes. Might people buy now in anticipation of that? Probably not. People aren't quite ready to trade on news yet, they're still trading on fear Could the current infrastructure handle it? HELL NO. Lol. Our current services are hanging on by threads as it is. The script kids who started these websites 2 years ago when bitcoin was a fledgling hobby are way out of their league, they need huge datacenters and IT managers and multiple paid staff and scalability plans and all kinds of fancy shit that they can't even wrap their heads around at the moment. Heck, even bitcointextmessage was down a couple days ago ;-) can't handle the SMS load, eh? This shit is pitiful. Nothing like a good kick in the rump to get things going, though. They can't wallow in mediocrity forever or else they'll be left in the dust when the real services start opening up.
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BitcoinAshley
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April 18, 2013, 03:50:27 AM |
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[...] I think with all the attention the project has been getting it might be time for website operators to up their bandwidth.
*sniff* Proudhon, your artful mastery of the understatement brings tears to my eyes Also, "YA THINK?" Honestly, I don't know what they're thinking... sitting in their datacenters smoking their silk road reefer rolled in $100 fiat bills... "Hey Don ya think it's time to get some new servers?" "Nahhhh.... bitcoin's gonna crash soon... let's wait just another month." "Hey Don?" "Yeah?" "Uh, I think something just blew up..." "Oh, another DDoS.." "No, just a 10x volume spike." "FUCK. Doesn't this happen every month?"
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Peleus
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April 18, 2013, 03:54:33 AM |
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I think you're overestimating the impact of Bitcoin appearing on colbert.
not sure how you can overstate that, show is huge Individually it may be large, but not in comparison to the combined media coverage lately.
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joesmoe2012
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April 18, 2013, 04:11:14 AM |
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Not to mention its Colbert report not CNN, half the viewers won't know how to wire money somewhere.
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nebulus
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April 18, 2013, 04:26:28 AM |
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Why not?
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auzaar
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April 18, 2013, 04:29:27 AM |
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Who is Adam Davidson and why he is being called?
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Bitcoinm
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April 18, 2013, 07:44:49 PM |
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Bitcoin sites can barely handle Bitcoin users' traffic let alone the public's.
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mc_lovin
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www.bitcointrading.com
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April 18, 2013, 07:48:40 PM |
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Did you guys even watch the thing?
He totally butchered Bitcoin. He said no one should ever buy them.
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