Speculation based on intuition?!
great....
Topic: my intuition says: we're sitting on a rocket about to be ignited - page 2. (Read 36883 times)
March 20, 2014, 02:17:38 AM
March 20, 2014, 01:39:27 AM
My intuition tells me I have missed the rocket ship... FML 
you need an emergency injection of andreas antonopoulos. it may not be bitcoin specifically where all of the big money will be made but you have absolutely not missed the crypto (in general) rocketship. this thing is just getting started. wait until other forms of finance besides only money move onto the block chain. wait until finaincal securities move onto the block chain. wait until people blockchain crowed funding over takes kickstarter. wait until people start bootstrapping corporations. wait until we have self executing 0 counter-party risk derivatives contracts on the blockchain. jesus wait until distributed autonomous corporations.
you havn't seen anything yet.
Well said...Agree 100.1 ( BTC...)...oopss %...
BUT...I am NOT holding my breath...for distributed autonomous GOVERNMENT(s)...Then call Jesus...
DAC's could in theory out-compete government. In a sense they could make government irrelevant. Of course not early ones, that would take a while.
Well...and in practice isn't it already happening...?...even without the help of Bitcoin ...I believe "plain old cash" is just enough...
yes i am personally very optimistic about the future. the nsa stuff and the police state stuff is scary but when compared to all of the positive trends i dont think it stacks up. things are generally moving in a very positive direction imo.
March 20, 2014, 12:41:58 AM
My intuition tells me I have missed the rocket ship... FML
you need an emergency injection of andreas antonopoulos. it may not be bitcoin specifically where all of the big money will be made but you have absolutely not missed the crypto (in general) rocketship. this thing is just getting started. wait until other forms of finance besides only money move onto the block chain. wait until finaincal securities move onto the block chain. wait until people blockchain crowed funding over takes kickstarter. wait until people start bootstrapping corporations. wait until we have self executing 0 counter-party risk derivatives contracts on the blockchain. jesus wait until distributed autonomous corporations.
you havn't seen anything yet.
Well said...Agree 100.1 ( BTC...)...oopss %...
BUT...I am NOT holding my breath...for distributed autonomous GOVERNMENT(s)...Then call Jesus...
DAC's could in theory out-compete government. In a sense they could make government irrelevant. Of course not early ones, that would take a while.
Well...and in practice isn't it already happening...?...even without the help of Bitcoin ...I believe "plain old cash" is just enough...
March 19, 2014, 11:29:15 PM
My intuition tells me I have missed the rocket ship... FML
you need an emergency injection of andreas antonopoulos. it may not be bitcoin specifically where all of the big money will be made but you have absolutely not missed the crypto (in general) rocketship. this thing is just getting started. wait until other forms of finance besides only money move onto the block chain. wait until finaincal securities move onto the block chain. wait until people blockchain crowed funding over takes kickstarter. wait until people start bootstrapping corporations. wait until we have self executing 0 counter-party risk derivatives contracts on the blockchain. jesus wait until distributed autonomous corporations.
you havn't seen anything yet.
Well said...Agree 100.1 ( BTC...)...oopss %...
BUT...I am NOT holding my breath...for distributed autonomous GOVERNMENT(s)...Then call Jesus...
DAC's could in theory out-compete government. In a sense they could make government irrelevant. Of course not early ones, that would take a while.
March 19, 2014, 10:45:28 PM
My intuition tells me I have missed the rocket ship... FML
you need an emergency injection of andreas antonopoulos. it may not be bitcoin specifically where all of the big money will be made but you have absolutely not missed the crypto (in general) rocketship. this thing is just getting started. wait until other forms of finance besides only money move onto the block chain. wait until finaincal securities move onto the block chain. wait until people blockchain crowed funding over takes kickstarter. wait until people start bootstrapping corporations. wait until we have self executing 0 counter-party risk derivatives contracts on the blockchain. jesus wait until distributed autonomous corporations.
you havn't seen anything yet.
Well said...Agree 100.1 ( BTC...)...oopss %...
BUT...I am NOT holding my breath...for distributed autonomous GOVERNMENT(s)...Then call Jesus...
March 19, 2014, 10:35:58 PM
Not going to happen.
BTC will only take off once there is a killer use for it. Either mobile payments or electronic payment on the Internet. Before that, it will remain somewhat of a curiosity.
BTC will only take off once there is a killer use for it. Either mobile payments or electronic payment on the Internet. Before that, it will remain somewhat of a curiosity.
lol..
March 19, 2014, 09:25:22 PM
My intuition tells me I have missed the rocket ship... FML
you need an emergency injection of andreas antonopoulos. it may not be bitcoin specifically where all of the big money will be made but you have absolutely not missed the crypto (in general) rocketship. this thing is just getting started. wait until other forms of finance besides only money move onto the block chain. wait until finaincal securities move onto the block chain. wait until people blockchain crowed funding over takes kickstarter. wait until people start bootstrapping corporations. wait until we have self executing 0 counter-party risk derivatives contracts on the blockchain. jesus wait until distributed autonomous corporations.
you havn't seen anything yet.
+1
March 19, 2014, 09:14:51 PM
My intuition tells me I have missed the rocket ship... FML
you need an emergency injection of andreas antonopoulos. it may not be bitcoin specifically where all of the big money will be made but you have absolutely not missed the crypto (in general) rocketship. this thing is just getting started. wait until other forms of finance besides only money move onto the block chain. wait until finaincal securities move onto the block chain. wait until people blockchain crowed funding over takes kickstarter. wait until people start bootstrapping corporations. wait until we have self executing 0 counter-party risk derivatives contracts on the blockchain. jesus wait until distributed autonomous corporations.
you havn't seen anything yet.
March 19, 2014, 12:38:33 PM
My intuition tells me I have missed the rocket ship... FML
March 19, 2014, 12:11:31 PM
My intutition tells me that we will see old "pay per click" Vs new "crypto tip" paradigma in next year on social network arena ...
That would be cool. There may be resistance from big social networks... Facebook failed with Facebucks or whatever they were called and might be bitter about it. Apple certainly not keen and I'm not sure Google will want the challenge to its creaking Wallet system.
March 19, 2014, 12:07:17 PM
My intutition tells me that we will see old "pay per click" Vs new "crypto tip" paradigma in next year on social network arena ...
March 19, 2014, 12:02:56 PM
Also possible. It then becomes a bet: What do Big Money think the future will bring? And what do I think they think?
This is roughly where I'm at now. I'm still of the opinion that bitcoin is overpriced, though. The real question is what effect new investment, Big or Popular, will have. I tried to ask this in another thread (https://bitcointalksearch.org/topic/how-much-investment-is-actually-represented-by-the-bitcoin-market-cap-505406) and got mostly useless responses (with one or two exceptions).
March 19, 2014, 11:58:23 AM
fair enough. wasn't sure if philip was being sarcastic or not because of Poe's Law -- sounds exactly like something a newbie would actually believe 
checking out philips post history and join date though it's obvious he is an oldfag like us 
checking out philips post history and join date though it's obvious he is an oldfag like us I was being serious, actually. The difficulty is that I probably won't be able to buy BTC for at least a month. By then, the market may have "corrected." I guess I should have used the future tense, but with no time-frame, that would be a tautology (there will always be missed buying opportunities).
March 19, 2014, 11:54:05 AM
EDIT:
VC $ is pouring in, but the mood is very Bearish.
You'd think so, wouldn't you... just not at the moment. Anyone care to guess why?
1) It's priced in already
2) There's a lag between investment and these technologies becoming useful to consumers - watch this space (6 months?)
3) Something else.
Good theory. Makes sense but do you have proof?
FWIW I suspect all three play a role, since
1) Speculators haven't been entirely shaken out - they're still buying the hope
2) Popular investment will only come when the technology makes it possible/easy
3) What you said.
What we know: Businesses are adopting bitcoin, big names are interested, legislation is in the process of being made, the number of active wallets is increasing. All good news. Money is pouring in, there simply is no way it is not. So it must be doing so in such a way as not to move the market. That leaves few options.
Ok... quite possibly, but let me play devil's advocate a moment.
Big names are interested but they are chiefly dealing with infrastructure. Bitpay, for example, doesn't need to hold bitcoins for long to make a profit.
There are lots of new active wallets. But this could be due to the post-Gox loss of confidence in exchanges. People don't want to keep coins or money on an exchange now. Withdrawn bitcoins = new and active addresses. Sold coins = falling prices on exchanges.
Legislation is being made, but the situation is still unclear: big money is waiting until they know it's safe.
March 19, 2014, 11:10:53 AM
EDIT:
VC $ is pouring in, but the mood is very Bearish.
You'd think so, wouldn't you... just not at the moment. Anyone care to guess why?
1) It's priced in already
2) There's a lag between investment and these technologies becoming useful to consumers - watch this space (6 months?)
3) Something else.
Good theory. Makes sense but do you have proof?
FWIW I suspect all three play a role, since
1) Speculators haven't been entirely shaken out - they're still buying the hope
2) Popular investment will only come when the technology makes it possible/easy
3) What you said.
What we know: Businesses are adopting bitcoin, big names are interested, legislation is in the process of being made, the number of active wallets is increasing. All good news. Money is pouring in, there simply is no way it is not. So it must be doing so in such a way as not to move the market. That leaves few options.
Ok... quite possibly, but let me play devil's advocate a moment.
Big names are interested but they are chiefly dealing with infrastructure. Bitpay, for example, doesn't need to hold bitcoins for long to make a profit.
There are lots of new active wallets. But this could be due to the post-Gox loss of confidence in exchanges. People don't want to keep coins or money on an exchange now. Withdrawn bitcoins = new and active addresses. Sold coins = falling prices on exchanges.
Legislation is being made, but the situation is still unclear: big money is waiting until they know it's safe.
March 19, 2014, 10:12:11 AM
EDIT:
VC $ is pouring in, but the mood is very Bearish.
You'd think so, wouldn't you... just not at the moment. Anyone care to guess why?
1) It's priced in already
2) There's a lag between investment and these technologies becoming useful to consumers - watch this space (6 months?)
3) Something else.
Good theory. Makes sense but do you have proof?
FWIW I suspect all three play a role, since
1) Speculators haven't been entirely shaken out - they're still buying the hope
2) Popular investment will only come when the technology makes it possible/easy
3) What you said.
What we know: Businesses are adopting bitcoin, big names are interested, legislation is in the process of being made, the number of active wallets is increasing. All good news. Money is pouring in, there simply is no way it is not. So it must be doing so in such a way as not to move the market. That leaves few options.
March 19, 2014, 09:57:47 AM
EDIT:
VC $ is pouring in, but the mood is very Bearish.
You'd think so, wouldn't you... just not at the moment. Anyone care to guess why?
1) It's priced in already
2) There's a lag between investment and these technologies becoming useful to consumers - watch this space (6 months?)
3) Something else.
Good theory. Makes sense but do you have proof?
FWIW I suspect all three play a role, since
1) Speculators haven't been entirely shaken out - they're still buying the hope
2) Popular investment will only come when the technology makes it possible/easy
3) What you said.
March 19, 2014, 09:35:51 AM
EDIT:
VC $ is pouring in, but the mood is very Bearish.
You'd think so, wouldn't you... just not at the moment. Anyone care to guess why?
1) It's priced in already
2) There's a lag between investment and these technologies becoming useful to consumers - watch this space (6 months?)
3) Something else.
March 19, 2014, 06:19:58 AM
EDIT:
VC $ is pouring in, but the mood is very Bearish.
You'd think so, wouldn't you... just not at the moment. Anyone care to guess why?
1) It's priced in already
2) There's a lag between investment and these technologies becoming useful to consumers - watch this space (6 months?)
3) Something else.
March 19, 2014, 05:07:16 AM
EDIT:
VC $ is pouring in, but the mood is very Bearish.
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