Topic: Jessica Irvine "Trust me" (But I don't have a clue what I am talking about) - page 2. (Read 3931 times)
November 24, 2013, 03:04:26 AM
Of the last 5 years, miners have released bitcoins almost entirely according to the plan, other than certain periods of high fluctuation of hashpower, show me one government that was able to do that.
November 24, 2013, 02:59:02 AM
She is an idiot
Badly researched piece, expect many more along these lines though
Badly researched piece, expect many more along these lines though
November 24, 2013, 02:37:45 AM
Daily telegraph is owned by Rupert Murduch
its been suggested that Rupert Murdoch's family history on wiki is completely fake
Murdoch was born Keith Rupert Murdoch on 11 March 1931 in Melbourne, Australia to Sir Keith Murdoch (1885–1952) and Elisabeth Joy Greene (1909–2012), daughter of Rupert Greene. Rupert Murdoch is of English, Irish, and Scottish ancestry. His parents were also born in Melbourne. Keith Murdoch was a war correspondent and later a regional newspaper magnate owning two newspapers in Adelaide, South Australia, and a radio station in a faraway mining town.[8] Later in life, Keith Rupert chose to use Rupert, the first name of his maternal grandfather
its been suggested that Rupert Murdoch's family history on wiki is completely fake
Murdoch was born Keith Rupert Murdoch on 11 March 1931 in Melbourne, Australia to Sir Keith Murdoch (1885–1952) and Elisabeth Joy Greene (1909–2012), daughter of Rupert Greene. Rupert Murdoch is of English, Irish, and Scottish ancestry. His parents were also born in Melbourne. Keith Murdoch was a war correspondent and later a regional newspaper magnate owning two newspapers in Adelaide, South Australia, and a radio station in a faraway mining town.[8] Later in life, Keith Rupert chose to use Rupert, the first name of his maternal grandfather
November 24, 2013, 01:01:08 AM
Fun thread. What are the odds of miners getting together and forging fake bitcoins? Isn't that a bit unlikely? I'd assume that if miners stop mining, difficulty goes down, and more would come back in no? Shouldn't the system stabilize itself, the less people mine, the more profit, and reach a point of balance? Could someone really invest so much money as to have more than 50% of all mining power?
Now that I think about it, LC has an advantage there, that home computers are still very strong miners, and there are millions of billions of them.
Now that I think about it, LC has an advantage there, that home computers are still very strong miners, and there are millions of billions of them.
November 24, 2013, 12:33:56 AM
People people people.
If all of the media is like OMG bitcoin is awesome BUY BUY BUY BUY BUY it's gonna be best thing ever, the price will go up even faster.
Which doesn't allow us to buy in as easily when it's cheap.
So we want everyone saying its a ponzi scheme, tulip bubble, so that the insiders can acquire more coins until it comes and slaps everyone in the face.
They're doing us a favor.
If all of the media is like OMG bitcoin is awesome BUY BUY BUY BUY BUY it's gonna be best thing ever, the price will go up even faster.
Which doesn't allow us to buy in as easily when it's cheap.
So we want everyone saying its a ponzi scheme, tulip bubble, so that the insiders can acquire more coins until it comes and slaps everyone in the face.
They're doing us a favor.
Well, if the public think it is a ponzi, they won't buy, and price will stay low.
Except none of us believe it's actually a ponzi scheme or bubble. We believe it's legit obviously. No point in driving the price up to the moon prematurely, if it's really that big, it's going to get to the moon anyway, regardless of what the talking heads say.
November 24, 2013, 12:27:48 AM
Those are fake breasts. Trust me! I've seen breasts, and those are fake. I went to a doctor once and we all know some doctors specialize in breasts, thus trust me when I say them are fake breasts. There's only two of them, but who's to say that somewhere down the road more won't be added? Notice how she keeps her breasts hidden. I've yet to find a image of her naked breasts, but even clothed, one can clearly see that they are fake. Trust me, for I have the highest post count on this forum and I'm...
~TMIBTCITW
November 23, 2013, 11:58:06 PM
First, scarcity. While the number of bitcoins is supposed to stop at 21 million, whose to say that will happen? The whole point is that it is user generated and not policed by a middle man.
I hope she is trolling.
I'm an investor. I know absolutely nothing about programming. But it took me about 1 second of research into bitcoin to understand that the number of coins would stop at 21M. Surely if you just google "bitcoin" there will be a couple links on the first page that cover this.
Either she is trolling, or she thinks bitcoins are actually magic beans that can deny the laws of math.
Technically a network consensus to a hard fork could keep the currency flow going, correct?
Exactly, people often falsely claim or believe that 'cryptography' some how creates the 21 million cap (people who 'know nothing about programming' seem to be very likely to hold this belief as our friend above dose), nothing could be further from the truth.
It is only the honesty of the mining network (and by that we mean literally just the handful of major pool operators) that enforces the cap. Obviously the high visibility of breaking the cap and the fact that many miners hold many coins that would crash (And I mean a Hyper crash the likes of which would make all prior crashes look like hiccups) provides a huge disincentive, but it's nothing more then an incentive structure, one that gets weaker all the time as mining becomes more of a cartel and margins become thinner.
November 23, 2013, 11:41:50 PM
Isn't she going to look stupid in a couple years?
I need to update the Journalist Honor Roll thread: https://bitcointalksearch.org/topic/new-units-for-expressing-bitcoin-exchange-rates-journalist-honor-roll-326656
November 23, 2013, 11:38:01 PM
Isn't she going to look stupid in a couple years?
She already looks stupid now
She cant be that stupid. A national economics editor cant be that stupid. I agree with the post above, she is trolling.
I don't think a national economics editor trolls though.
Definitely no troll there, just "F-" for homework, for sure.
November 23, 2013, 11:19:51 PM
People people people.
If all of the media is like OMG bitcoin is awesome BUY BUY BUY BUY BUY it's gonna be best thing ever, the price will go up even faster.
Which doesn't allow us to buy in as easily when it's cheap.
So we want everyone saying its a ponzi scheme, tulip bubble, so that the insiders can acquire more coins until it comes and slaps everyone in the face.
They're doing us a favor.
If all of the media is like OMG bitcoin is awesome BUY BUY BUY BUY BUY it's gonna be best thing ever, the price will go up even faster.
Which doesn't allow us to buy in as easily when it's cheap.
So we want everyone saying its a ponzi scheme, tulip bubble, so that the insiders can acquire more coins until it comes and slaps everyone in the face.
They're doing us a favor.
Well, if the public think it is a ponzi, they won't buy, and price will stay low.
November 23, 2013, 11:18:00 PM
People people people.
If all of the media is like OMG bitcoin is awesome BUY BUY BUY BUY BUY it's gonna be best thing ever, the price will go up even faster.
Which doesn't allow us to buy in as easily when it's cheap.
So we want everyone saying its a ponzi scheme, tulip bubble, so that the insiders can acquire more coins until it comes and slaps everyone in the face.
They're doing us a favor.
If all of the media is like OMG bitcoin is awesome BUY BUY BUY BUY BUY it's gonna be best thing ever, the price will go up even faster.
Which doesn't allow us to buy in as easily when it's cheap.
So we want everyone saying its a ponzi scheme, tulip bubble, so that the insiders can acquire more coins until it comes and slaps everyone in the face.
They're doing us a favor.
November 23, 2013, 11:06:48 PM
Isn't she going to look stupid in a couple years?
She already looks stupid now
She cant be that stupid. A national economics editor cant be that stupid. I agree with the post above, she is trolling.
why not? seems like economics "experts" go by conventional wisdom.. BTC is anything but conventional. that's what seems to happen in many industries, where people stop giving a shit about thinking in new ways.
November 23, 2013, 11:04:22 PM
Isn't she going to look stupid in a couple years?
She already looks stupid now
She cant be that stupid. A national economics editor cant be that stupid. I agree with the post above, she is trolling.
I don't think a national economics editor trolls though.
November 23, 2013, 11:03:04 PM
Isn't she going to look stupid in a couple years?
She already looks stupid now
She cant be that stupid. A national economics editor cant be that stupid. I agree with the post above, she is trolling.
November 23, 2013, 10:57:37 PM
this is one thing that really irritates me. people come to conclusions before properly researching the subject.
my friend 3 weeks ago was condescendingly being a dick about 3 weeks ago, telling me that i'd be an idiot for not selling at $150. i haven't talked to him since.
my friend 3 weeks ago was condescendingly being a dick about 3 weeks ago, telling me that i'd be an idiot for not selling at $150. i haven't talked to him since.
November 23, 2013, 10:56:44 PM
well yeah...to us
November 23, 2013, 10:54:17 PM
Isn't she going to look stupid in a couple years?
She already looks stupid now
November 23, 2013, 10:53:00 PM
Isn't she going to look stupid in a couple years?
November 23, 2013, 10:49:34 PM
First, scarcity. While the number of bitcoins is supposed to stop at 21 million, whose to say that will happen? The whole point is that it is user generated and not policed by a middle man.
I hope she is trolling.
I'm an investor. I know absolutely nothing about programming. But it took me about 1 second of research into bitcoin to understand that the number of coins would stop at 21M. Surely if you just google "bitcoin" there will be a couple links on the first page that cover this.
Either she is trolling, or she thinks bitcoins are actually magic beans that can deny the laws of math.
Technically a network consensus to a hard fork could keep the currency flow going, correct?
November 23, 2013, 10:44:56 PM
First, scarcity. While the number of bitcoins is supposed to stop at 21 million, whose to say that will happen? The whole point is that it is user generated and not policed by a middle man.
I hope she is trolling.
I'm an investor. I know absolutely nothing about programming. But it took me about 1 second of research into bitcoin to understand that the number of coins would stop at 21M. Surely if you just google "bitcoin" there will be a couple links on the first page that cover this.
Either she is trolling, or she thinks bitcoins are actually magic beans that can deny the laws of math.
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