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Author Topic: Bitcoin is Closed. If you were cool enough you would already be here!  (Read 4158 times)
Revalin
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September 12, 2011, 11:14:27 PM
 #41

/b/ is the endgame of complete un-moderation.  It performed some amusing feats along the way, but at this point it's just a wasteland.

IMHO un-moderation only works with small communities where everyone knows each other.  Once you grow beyond that, you have to get involved.  That doesn't mean swinging a banhammer around every day.  All it takes is someone to PM people when they're going too far, lock threads when they drift too far from the forum's purpose, and generally play peacemaker from time to time.

Even when that works, the tight-knit community just loses that great feel once it gets too big.  I've been through this many times.

+1 about greed, then envy, then hate...  Things get ugly when money is involved, especially when it's so dynamic that people are winning and losing a lot fast.  I think it's starting to improve, though the scandals will keep the bad vibes going for a while.

I hope that as the price declines the speculators and cheerleaders and scammers and the people who're encouraging and trolling all of the above will gradually wash out and we can get back to trying to make a real currency, and perhaps even an economy.  It's going to take months or years of people trying to create another bubble to Get Rich Quick, or recoup their losses, but hopefully we'll get there.  I'm a bear (I'll not rehash it all here, but it's all in my post history), and I hope that as BTC devalues back down toward its fundamental value (cents, not dollars), the community will improve.

      War is God's way of teaching Americans geography.  --Ambrose Bierce
Bitcoin is the Devil's way of teaching geeks economics.  --Revalin 165YUuQUWhBz3d27iXKxRiazQnjEtJNG9g
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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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September 13, 2011, 02:29:24 AM
 #42

Agree wholeheartedly OP, but I just want to say that there are many better options for discussing bitcoin and they will eventually supersede this forum in importance now that it's been spun off from the main site.

Seriously, try the bitcoin subreddit. Keeps up with the important news, has a reasonable trickle of new users asking interesting questions, and is generally more balanced and worthwhile than most of the stuff here.
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September 13, 2011, 03:25:04 AM
 #43

Bitcoin will grow from here just like Google and will change the Financial Industry.

Please stay positive and on track. Things will eventually smooth out.
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