What a difference half a year makes...

[oda.krell]

Krugman has a NB prize..

Obama has a NB prize.. he goes around slaughter 1000's a day............... A peice price?  Only a moron things the NB prizes mean anything any more, only a moron.

Al gore gets one for a Fing speach on global warming.. himself being a large problem... instead of a woman that saved 1000's from the nazis.. like I said.. only a moron.

Last year they gave one to the European Union. It's a fucking joke. Newton's rolling over in his grave.

That was the peace Nobel prize, not the economics one. The former is well deserved imo (hey, 60 years without wars on our continent is kind of a big deal), the latter would have been a joke.

[Ibian]

Krugman has a NB prize..

Obama has a NB prize.. he goes around slaughter 1000's a day............... A peice price?  Only a moron things the NB prizes mean anything any more, only a moron.

Al gore gets one for a Fing speach on global warming.. himself being a large problem... instead of a woman that saved 1000's from the nazis.. like I said.. only a moron.

Last year they gave one to the European Union. It's a fucking joke. Newton's rolling over in his grave.

That was the peace Nobel prize, not the economics one. The former is well deserved imo (hey, 60 years without wars on our continent is kind of a big deal), the latter would have been a joke.

The current EU is an anti-democratic institution. And this seems a good time to drop some Farage: https://www.youtube.com/watch?v=lqovTGjYjM4

[JustAnotherSheep]

Maybe I should make one thing clear:

I'm personally not anti-academic.

I'm just anti-'economy pretending to be an empirical science, when in reality, the field is better described as: ethics, with a thin veneer of empiricism'

Imo academia in general is not all that rosy either. Far too much politics, prestige-seeking, grant-whoring, group mentality etc involved in an institution that should primarily be about attaining knowledge and understanding.

But I guess it's kind of unavoidable. Wherever there are humans involved this is bound to happen.

[Melbustus]

...
Notice how you do it? Never admit you were wrong, always gradually backpedal. From "It's a bubble, and not that interesting.", to "It's pretty interesting, but still needs lots of work to become usable". Expect "It's going to revolutionize the financial world, and I _TOLD_ you so years ago." anytime soon...
...

Yeah, many former naysayers are now saying things like "The bitcoin protocol is interesting and probably has some value, but the currency itself is bad."... Well, trouble is, you can't separate the currency from the network and still retain the features that give the network value, so if they're admitting (as Peter Schiff now is) that the network/tech has value, then that's an implicit statement of support for the currency having fundamental value, regardless of whether or not they actually realize that.

[Melbustus]

these are always great threads.

we need to memorialize these mainstream obstructionists and apparatchiks who have actively blocked and impeded the progress of Bitcoin so that years from now maybe they will be held accountable.

Here's a start:

http://honestnode.com/bitcoin-journalism-for-the-record/

[cypherdoc]

these are always great threads.

we need to memorialize these mainstream obstructionists and apparatchiks who have actively blocked and impeded the progress of Bitcoin so that years from now maybe they will be held accountable.

Here's a start:

http://honestnode.com/bitcoin-journalism-for-the-record/

i'd like to see one that focuses on individuals with their pics front and center.  

i'd start with these 2 apparatchiks,  especially Vance, who is clearly a hard ass that operates the way he pleases:

    Cyrus R. Vance, Jr – District Attorney of New York County

    Richard B. Zabel – Deputy U.S. Attorney for the Southern District of New York

[C64_4EVA]

Half a year in today's world is like 4 years back in the 80s.

[Wandererfromthenorth]

Half a year in today's world is like 4 years back in the 80s.

And half a year in cryptocurrencies is like 10 real life today's years 

[piramida]

the average Bitcoiner will tell you " go fuck your self" and will add " what this PHD holder and nobel winner know about economics", in fact Bitcoin price is a bubble but it doesn't mean that it will die, but it will settle and start a normal growth when it hits the real economy... see the bubble was because of the small userbase but when the user base is bigger and market is bigger it will harder to move the price 10X a year.

life cycle of a bubble

No offense, but anybody posting this chart should be banned from forums until he goes to school to learn that 350 is more than 100. Since you obviously didn't, can you maybe spare us from your very important observations?

[mmitech]

the average Bitcoiner will tell you " go fuck your self" and will add " what this PHD holder and nobel winner know about economics", in fact Bitcoin price is a bubble but it doesn't mean that it will die, but it will settle and start a normal growth when it hits the real economy... see the bubble was because of the small userbase but when the user base is bigger and market is bigger it will harder to move the price 10X a year.

life cycle of a bubble

https://i.imgur.com/W4auDjC.png

No offense, but anybody posting this chart should be banned from forums until he goes to school to learn that 350 is more than 100. Since you obviously didn't, can you maybe spare us from your very important observations?

yes Mr. smart who went to school, just ban me.

[thezerg]

these are always great threads.

we need to memorialize these mainstream obstructionists and apparatchiks who have actively blocked and impeded the progress of Bitcoin so that years from now maybe they will be held accountable.

Here's a start:

http://honestnode.com/bitcoin-journalism-for-the-record/

i'd like to see one that focuses on individuals with their pics front and center.  

i'd start with these 2 apparatchiks,  especially Vance, who is clearly a hard ass that operates the way he pleases:

    Cyrus R. Vance, Jr – District Attorney of New York County

    Richard B. Zabel – Deputy U.S. Attorney for the Southern District of New York

Yes, it should show pics, small bio and quotes.  And the top people should be "experts" -- economists, CEOs of financial companies, politicians etc.  Journalists can go at the bottom or just be removed, unless they are financial anchors with a following.  Journalists don't have the same impact... because economic forecasting is not their area of expertise.  Actually, journalists could be called out if their articles are factually incorrect... except then we'd have to put them ALL on the list. :-(

[Melbustus]

these are always great threads.

we need to memorialize these mainstream obstructionists and apparatchiks who have actively blocked and impeded the progress of Bitcoin so that years from now maybe they will be held accountable.

Here's a start:

http://honestnode.com/bitcoin-journalism-for-the-record/

i'd like to see one that focuses on individuals with their pics front and center.  

i'd start with these 2 apparatchiks,  especially Vance, who is clearly a hard ass that operates the way he pleases:

    Cyrus R. Vance, Jr – District Attorney of New York County

    Richard B. Zabel – Deputy U.S. Attorney for the Southern District of New York

Yes, it should show pics, small bio and quotes.  And the top people should be "experts" -- economists, CEOs of financial companies, politicians etc.  Journalists can go at the bottom or just be removed, unless they are financial anchors with a following.  Journalists don't have the same impact... because economic forecasting is not their area of expertise.  Actually, journalists could be called out if their articles are factually incorrect... except then we'd have to put them ALL on the list. :-(

Dang; markwilliams.com and marktwilliams.com are both taken.

[seleme]

the average Bitcoiner will tell you " go fuck your self" and will add " what this PHD holder and nobel winner know about economics", in fact Bitcoin price is a bubble but it doesn't mean that it will die, but it will settle and start a normal growth when it hits the real economy... see the bubble was because of the small userbase but when the user base is bigger and market is bigger it will harder to move the price 10X a year.

look at the weekly chart:




life cycle of a bubble

Well, if you want to play with bubble chart then that weekly one looks like perfect return to mean

You remind me on windsjc when he went bear few weeks ago, lol. Sudden bold bearish statements, strong cockiness.. guess that ltc you bought affect you.

[cypherdoc]

these are always great threads.

we need to memorialize these mainstream obstructionists and apparatchiks who have actively blocked and impeded the progress of Bitcoin so that years from now maybe they will be held accountable.

Here's a start:

http://honestnode.com/bitcoin-journalism-for-the-record/

i'd like to see one that focuses on individuals with their pics front and center.  

i'd start with these 2 apparatchiks,  especially Vance, who is clearly a hard ass that operates the way he pleases:

    Cyrus R. Vance, Jr – District Attorney of New York County

    Richard B. Zabel – Deputy U.S. Attorney for the Southern District of New York

Yes, it should show pics, small bio and quotes.  And the top people should be "experts" -- economists, CEOs of financial companies, politicians etc.  Journalists can go at the bottom or just be removed, unless they are financial anchors with a following.  Journalists don't have the same impact... because economic forecasting is not their area of expertise.  Actually, journalists could be called out if their articles are factually incorrect... except then we'd have to put them ALL on the list. :-(

Dang; markwilliams.com and marktwilliams.com are both taken.

BitcoinObstructionists.com  is still open.

[Melbustus]

these are always great threads.

we need to memorialize these mainstream obstructionists and apparatchiks who have actively blocked and impeded the progress of Bitcoin so that years from now maybe they will be held accountable.

Here's a start:

http://honestnode.com/bitcoin-journalism-for-the-record/

i'd like to see one that focuses on individuals with their pics front and center.  

i'd start with these 2 apparatchiks,  especially Vance, who is clearly a hard ass that operates the way he pleases:

    Cyrus R. Vance, Jr – District Attorney of New York County

    Richard B. Zabel – Deputy U.S. Attorney for the Southern District of New York

Yes, it should show pics, small bio and quotes.  And the top people should be "experts" -- economists, CEOs of financial companies, politicians etc.  Journalists can go at the bottom or just be removed, unless they are financial anchors with a following.  Journalists don't have the same impact... because economic forecasting is not their area of expertise.  Actually, journalists could be called out if their articles are factually incorrect... except then we'd have to put them ALL on the list. :-(

Dang; markwilliams.com and marktwilliams.com are both taken.

BitcoinObstructionists.com  is still open.

Ok, I just snagged*:

bitiots.com
and
bitsofshame.com

Which is better?


* paid for the registrations with bitcoin, of course.

[cypherdoc]

these are always great threads.

we need to memorialize these mainstream obstructionists and apparatchiks who have actively blocked and impeded the progress of Bitcoin so that years from now maybe they will be held accountable.

Here's a start:

http://honestnode.com/bitcoin-journalism-for-the-record/

i'd like to see one that focuses on individuals with their pics front and center.  

i'd start with these 2 apparatchiks,  especially Vance, who is clearly a hard ass that operates the way he pleases:

    Cyrus R. Vance, Jr – District Attorney of New York County

    Richard B. Zabel – Deputy U.S. Attorney for the Southern District of New York

Yes, it should show pics, small bio and quotes.  And the top people should be "experts" -- economists, CEOs of financial companies, politicians etc.  Journalists can go at the bottom or just be removed, unless they are financial anchors with a following.  Journalists don't have the same impact... because economic forecasting is not their area of expertise.  Actually, journalists could be called out if their articles are factually incorrect... except then we'd have to put them ALL on the list. :-(

Dang; markwilliams.com and marktwilliams.com are both taken.

BitcoinObstructionists.com  is still open.

Ok, I just snagged*:

bitiots.com
and
bitsofshame.com

Which is better?


* paid for the registrations with bitcoin, of course.

if you got BitcoinObstructionists.com you should be good.

[Ibian]

Casting my vote for bitsofshame. It's catchy, gets right to the point and shouldn't offend the PC crowd too much.

[oda.krell]

these are always great threads.

we need to memorialize these mainstream obstructionists and apparatchiks who have actively blocked and impeded the progress of Bitcoin so that years from now maybe they will be held accountable.

Here's a start:

http://honestnode.com/bitcoin-journalism-for-the-record/

i'd like to see one that focuses on individuals with their pics front and center.  

i'd start with these 2 apparatchiks,  especially Vance, who is clearly a hard ass that operates the way he pleases:

    Cyrus R. Vance, Jr – District Attorney of New York County

    Richard B. Zabel – Deputy U.S. Attorney for the Southern District of New York

Yes, it should show pics, small bio and quotes.  And the top people should be "experts" -- economists, CEOs of financial companies, politicians etc.  Journalists can go at the bottom or just be removed, unless they are financial anchors with a following.  Journalists don't have the same impact... because economic forecasting is not their area of expertise.  Actually, journalists could be called out if their articles are factually incorrect... except then we'd have to put them ALL on the list. :-(

Dang; markwilliams.com and marktwilliams.com are both taken.

BitcoinObstructionists.com  is still open.

Ok, I just snagged*:

bitiots.com
and
bitsofshame.com

Which is better?


* paid for the registrations with bitcoin, of course.

bitsofshame sounds good to me.

I've been keeping a personal 'list of idiotic predictions', with a short recap and the author and publication. I do however think regular journalistic pieces should be included, at least in cases where they represent the "official position" of an entire (important) newspaper *cough* NYT *cough*

[ABitNut]

I'm a little bit confused here though... Wasn't the $1000+ a bubble? And isn't Bitcoin volatile currently?

[xDan]

+1 bitsofshame, great website idea...

Would be nice to see the main page with a randomised "quote of the day". Pic, small bio, plus a quote.

Perhaps also for each entry, show the %rise of Bitcoin since then? Phrased as the return on investment you missed out on by listening to the person in question.

--> Actually, perhaps calling it even "shame" is a bit... cultist. Or at least could be considered that way. It might be better to call it something like "BitcoinIsBad.com", "BitcoinIsABubble.com". Then the humour is more self-referential.

I'm a little bit confused here though... Wasn't the $1000+ a bubble? And isn't Bitcoin volatile currently?

Yeah, I don't think that particular quote is the best example of a bit-idiot. But,
>I'm amazed by how people are so excited about it
Shows a considerable lack of foresight.