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Bitcoin, I've Been Here Before

81 点作者 krambs超过 7 年前

15 条评论

nadam超过 7 年前
These &quot;bitcoin = tulip maina = .com bubble&quot; articles get a bit boring after a while especially if one is relatively deeply involved with the space. This has been discussed at very great depths thousands of times already.<p>What shows how superficial these articles are is that almost all of these articles (and most of the mainstream media articles) single out BTC, (which is less than 50% of total crypto market capitalization) without going into specifics of the given coin (like discussion of cons and pros of on-chain scalability solution vs. second layer scalability solutions, POW, POS, small&#x2F;big block sizes etc...)<p>I think it would be a bit more interesting to speak about the price of a continously rebalanced, market-cap weighted index of the top 10 coins or something for mainstream purposes. This would prevent these articles focusing too much on the current state of BTC (which they cannot really focus on anyway without going much deeper), zoom out a bit more, and put the focus more on the possibilities in the whole evolving cryptocurrency space, which would be more interesting for a mainstream audience (they just don&#x27;t know, because everybody tells them bitcoin, bitcoin, bitcoin).
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olalonde超过 7 年前
If this article interested you, you might like <a href="https:&#x2F;&#x2F;99bitcoins.com&#x2F;bitcoinobituaries&#x2F;" rel="nofollow">https:&#x2F;&#x2F;99bitcoins.com&#x2F;bitcoinobituaries&#x2F;</a>.<p>And here&#x27;s more or less the same article from 2013 when price was $84: <a href="https:&#x2F;&#x2F;whistlinginthewind.org&#x2F;2013&#x2F;04&#x2F;12&#x2F;the-bitcoin-bubble-has-burst&#x2F;" rel="nofollow">https:&#x2F;&#x2F;whistlinginthewind.org&#x2F;2013&#x2F;04&#x2F;12&#x2F;the-bitcoin-bubble...</a><p>&quot;So what now for bitcoin? It will crash and disappear like Pets.com, Leheman Brothers and Anglo Irish Bank, existing only in the memories of economists.&quot;<p>&quot;There have been some slight recoveries which have given hope to bitcoinites. They cling to the hope that this is only a correction and that bitcoin will bounce back stronger than ever. They fail to realise that all crashes include a slight recovery followed by another crash.&quot;<p>I&#x27;m not saying the author is necessarily wrong, just highlighting the fact that no one knows what the hell they&#x27;re talking about or what&#x27;s going to happen.
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jerkstate超过 7 年前
To all of those wondering if this article compares Bitcoin to the .com bubble or Tulip bulbs, it&#x27;s the .com bubble this time. Saved you a click.
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bbrx超过 7 年前
Pardon my very limited knowledge about those things, but one thing I wonder and find fascinating about bitcoin is this : I understand that a very limited number of people, probably the initial developers, hold a very hight percentage of available bitcoin. (disregard the rest in case i&#x27;m even completely mistaken in that assumption...) Those people have an asset with an incredibly high face value. Of course, the market is probably far too shallow for them to cash out even a small part of this face value.<p>The question is this : for those people, assuming or not that they can coordinate, what is the optimal strategy? I&#x27;m thinking something like draw regularly, in order to build a war chest to &quot;defend&quot; the cryptocurrency against too violent crashes, such sustaining the confidence of the public. In a way controlling and fine tuning the influx of external money coming in from fools wanting in on the pyramid effect.<p>Is it realistic to think such strategy could be feasible, and if so, for how much time those people could&#x2F;would want to sustain it?
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feelin_googley超过 7 年前
As I recall, back in the day, SoundForge was the lightest and fastest audio editor for <i>Windows</i>. (On the Mac there were of course many choices for simple editing, going all the way back to SoundEdit16.) It was a little sad to SoundForge sold to Sony. The author should be proud of that software. There was nothing else comparable for Windows back then, to my knowledge. Interesting that he became involved with something as different as Bitcoin.
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ripberge超过 7 年前
Still long on bitcoin, but also wouldn&#x27;t be surprised if it lost 70% of its value in short term.<p>He does bring up some great points regarding transaction throughput and the team productivity.<p>It seems like lightning network is the tool to get a lot of cheap, fast transactions done via bitcoin and turn it into a really useful viable currency.<p>However, that has taken a long time just to get to test mode. Much of the fate of bitcoin is tied to that github repository and pull requests. There has never been another open source software project with this much money riding on it. Can this team continue to deliver value?<p>There are other concerns like deflationary spirals, volatility, etc., but my bet on bitcoin is largely a bet on the dev team and whether or not useful pull requests get created &amp; merged and what that velocity is.
0x445442超过 7 年前
Or... AMZN, I&#x27;ve Been Here Before. 5.97 in August 2001
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HenryBemis超过 7 年前
Bitcoin as an investment option is pure gamble, unless someone has a better idea e.g. has put its value side-by-side to Gold, Silver, Oil, Adamantium ;) and has noticed a pattern. Perhaps there is pattern, and it is related to the &quot;petyas&quot; of this world (new malware that is massively cashin in&#x2F;out).
stale2002超过 7 年前
50$ in fees per transaction, I never thought I&#x27;d see this day.<p>For the last 3 years, there has been a bitcoin civil war about how to scale bitcoin, as people have warned that the problems we are seeing now would happen.<p>And unfortunately for bitcoin, the side that wanted high transaction fees, and wanted to prevent all scaling won the war.<p>And now we are seeing those problems come home to roost, as segwit (which was marketed as an immediate fix) adoption has been minimal, and the mythical lightning network and layer 2 or 3 solutions that the core development team promises will that will solve everything is perpetually 2 years away from completion.<p>Things are going exactly as people had predicted.<p>Those of us who are fed up with these problems have moved on to other coins, such as Ethereum and Bitcoin Cash.
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pimmen超过 7 年前
My main problem with Bitcoin is that it’s a deflationary currency, that’s really why I <i>hope</i> it doesn’t have a future.<p>I have paid this months bills and rent, I have budgeted some money for groceries and fun, I have put 10% of my pay check in my pension fund.<p>Something is very wrong if you feel conflicted when you’ve invested money or spent money to get by because you missed out on your money being worth more.
EastLondonCoder超过 7 年前
I think Satoshi marketed bitcoin as a currency, but the intention was something that more resembles gold than currency.<p>Bitcoin as a currency does not make sense from a macroeconomic point of view. Whats the incentive of spending something of a fixed resource?<p>Maybe I&#x27;m old fashioned but I prefer monetary policy to be decided by a small cabal of professionals.
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moneytide1超过 7 年前
Bitcoin will be more relevant soon because there is exponentially more gold&#x2F;silver&#x2F;platinum&#x2F;uranium in the solar system than on Sol-3.<p>It would be silly to ship in paper every 2 years so people could trade &quot;cash&quot; while working at the methane harvesters and excavators.<p>Just keep that price constant and we can finally move forward.
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goldpineapple超过 7 年前
Opinions on streamer bs iota?
moab9超过 7 年前
Blasphemy!!! &lt;jk&gt;
CryoLogic超过 7 年前
Bought at $230, sold at $19450.<p>That&#x27;s enough roller coaster for me. I&#x27;m out for good.<p>Here are my issues with Bitcoin:<p>1. Transaction times are insane, 30-45 minutes at peak hours. Bitcoin blockchain can only handle ~10TPS. 2. Fees, upwards of $30 &#x2F; transaction a few weeks ago. This makes it not practical for any real purchasing or as a currency.<p>Both of those issues are solved by IOTA and the tangle, so that&#x27;s where my money is going. I want to invest in a currency that has real world usability. Bitcoin doesn&#x27;t have that at current scale.
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