Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22027.

itod

legendary

Activity: 1974

Merit: 1077

Honey badger just does not care

Quote from: sAt0sHiFanClub on April 12, 2015, 04:43:45 PM

People dont like the BF because "power". But bitcoin wont survive without some sort of intelligent benign leadership. But this leadership will have "power", and people wont like that... Rinse, Repeat.

You either have cake, or you eat cake. Until people get that into their heads, bitcoin will have some tough times ahead..

You obviously haven't followed Bitcoin development on GitHub. There is a " intelligent benign leadership" very much in place, and it has nothing to do with BF. Developers with Gavin as head wouldn't listen to BF if they think something BF is pushing is not good for Bitcoin. All people who's influence on development is significant are employed by large Bitcoin startups, and are very much interested for Bitcoin to succeed so those startups get to successful IPOs when they would monetize their role as core developers. There are no better guardians of Bitcoins then these group of guys, and they can do very well without Bitcoin Foundation, thank you very much.

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: sAt0sHiFanClub on April 12, 2015, 04:43:45 PM

Quote from: Fatman3001 on April 12, 2015, 04:35:54 PM

Quote from: sAt0sHiFanClub on April 12, 2015, 04:20:49 PM

Quote from: Fatman3001 on April 12, 2015, 04:11:56 PM

The Bitcoin development has been underfunded and uncoordinated to a point where it risks being unable to deal with major problems if uncovered. Having firm ground somewhere well funded with a lot of bright heads lessens the risk of Bitcoin stumbling on itself. I would love it if other universities or organisations in other countries set up similar centers, but you have to start somewhere.

Thats a great theory. But like communism, I reckon it wont fly.

Ito runs Media Labs, and media labs is NOT MIT. Its a commercial operation, and most projects it involves itself in are rooted in hard commerce and license. I worked on a project with them years ago ( a language extension for Mindstorms, NXC) and while they are brilliant in many respects, they are not the ideal partners for Bitcoin. Looking at the current tone and quality of the arguments against the BF at the moment, how do you think they would react to the suggestion that the centralised ( isnt that against the principle?) management of Bitcoin would be handled by a 100% commercially funded group?

The "power" of BF is there only to the extent that the rest of the community lets them have it. We don't know exactly how this partnership looks like yet. If it's too unpalatable for the rest of the Bitcoin community they should get on with a competing/complementary body elsewhere. In fact, that's a good idea anyway.

See, there is an implied paradox here... People dont like the BF because "power". But bitcoin wont survive without some sort of intelligent benign leadership. But this leadership will have "power", and people wont like that... Rinse, Repeat.

You either have cake, or you eat cake. Until people get that into their heads, bitcoin will have some tough times ahead..

This is not unique for Bitcoin, it's an issue with most open source projects. But it turns out to not be a major problem most of the time.

For instance, if Linus Torvalds became a scientologist and decided to "cleanse" the linux kernel for code deemed to be against the church, he would no longer be the benevolent dictator of linux. And people using linux would probably not even notice.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

DutchTrades

sr. member

Activity: 336

Merit: 250

It's just a lack of Bitcoin news and a stronger USD what causes the dump..

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: Fatman3001 on April 12, 2015, 04:35:54 PM

Quote from: sAt0sHiFanClub on April 12, 2015, 04:20:49 PM

Quote from: Fatman3001 on April 12, 2015, 04:11:56 PM

The Bitcoin development has been underfunded and uncoordinated to a point where it risks being unable to deal with major problems if uncovered. Having firm ground somewhere well funded with a lot of bright heads lessens the risk of Bitcoin stumbling on itself. I would love it if other universities or organisations in other countries set up similar centers, but you have to start somewhere.

Thats a great theory. But like communism, I reckon it wont fly.

Ito runs Media Labs, and media labs is NOT MIT. Its a commercial operation, and most projects it involves itself in are rooted in hard commerce and license. I worked on a project with them years ago ( a language extension for Mindstorms, NXC) and while they are brilliant in many respects, they are not the ideal partners for Bitcoin. Looking at the current tone and quality of the arguments against the BF at the moment, how do you think they would react to the suggestion that the centralised ( isnt that against the principle?) management of Bitcoin would be handled by a 100% commercially funded group?

The "power" of BF is there only to the extent that the rest of the community lets them have it. We don't know exactly how this partnership looks like yet. If it's too unpalatable for the rest of the Bitcoin community they should get on with a competing/complementary body elsewhere. In fact, that's a good idea anyway.

See, there is an implied paradox here... People dont like the BF because "power". But bitcoin wont survive without some sort of intelligent benign leadership. But this leadership will have "power", and people wont like that... Rinse, Repeat.

You either have cake, or you eat cake. Until people get that into their heads, bitcoin will have some tough times ahead..

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: sAt0sHiFanClub on April 12, 2015, 04:20:49 PM

Quote from: Fatman3001 on April 12, 2015, 04:11:56 PM

The Bitcoin development has been underfunded and uncoordinated to a point where it risks being unable to deal with major problems if uncovered. Having firm ground somewhere well funded with a lot of bright heads lessens the risk of Bitcoin stumbling on itself. I would love it if other universities or organisations in other countries set up similar centers, but you have to start somewhere.

Thats a great theory. But like communism, I reckon it wont fly.

Ito runs Media Labs, and media labs is NOT MIT. Its a commercial operation, and most projects it involves itself in are rooted in hard commerce and license. I worked on a project with them years ago ( a language extension for Mindstorms, NXC) and while they are brilliant in many respects, they are not the ideal partners for Bitcoin. Looking at the current tone and quality of the arguments against the BF at the moment, how do you think they would react to the suggestion that the centralised ( isnt that against the principle?) management of Bitcoin would be handled by a 100% commercially funded group?

The "power" of BF is there only to the extent that the rest of the community lets them have it. We don't know exactly how this partnership looks like yet. If it's too unpalatable for the rest of the Bitcoin community they should get on with a competing/complementary body elsewhere. In fact, that's a good idea anyway.

RealMalatesta

legendary

Activity: 2380

Merit: 1150

Quote from: Fatman3001 on April 12, 2015, 04:17:40 PM

Quote from: BlindMayorBitcorn on April 12, 2015, 04:17:00 PM

Quote from: LFC_Bitcoin on April 12, 2015, 04:15:43 PM

Quote from: Shatoshi on April 12, 2015, 04:01:49 PM

Quote from: Norway on April 12, 2015, 03:43:58 PM

Any ideas why my "Activity" is stuck at 98?

I have the same "problem"

It goes up by 14 every 2 weeks.

Only goes up a max of 14 in that time no matter how many posts you make.

What if you were banned for a week? Do those days count?

You get double points

...deducted, right?

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: Fatman3001 on April 12, 2015, 04:11:56 PM

Quote from: sAt0sHiFanClub on April 12, 2015, 03:54:25 PM

Quote from: Fatman3001 on April 12, 2015, 03:49:37 PM

Don't think he's sockpuppet, he's just a bit of an _____ sometimes (He may have switched to short). But I could stop quoting him if you like?

Okay, benefit of the doubt time. In what way do you think Ito will help Bitcoin? I mean in the context of the current problems of the foundation, and the overwhelming view of its critics that we dont need a central authority in the first place.

edit: BTW Im not shorting bitcoin. I dont treat bitcoin as some stupid horse race or lottery that so many like to believe.

The Bitcoin development has been underfunded and uncoordinated to a point where it risks being unable to deal with major problems if uncovered. Having firm ground somewhere well funded with a lot of bright heads lessens the risk of Bitcoin stumbling on itself. I would love it if other universities or organisations in other countries set up similar centers, but you have to start somewhere.

Thats a great theory. But like communism, I reckon it wont fly.

Ito runs Media Labs, and media labs is NOT MIT. Its a commercial operation, and most projects it involves itself in are rooted in hard commerce and license. I worked on a project with them years ago ( a language extension for Mindstorms, NXC) and while they are brilliant in many respects, they are not the ideal partners for Bitcoin. Looking at the current tone and quality of the arguments against the BF at the moment, how do you think they would react to the suggestion that the centralised ( isnt that against the principle?) management of Bitcoin would be handled by a 100% commercially funded group?

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: BlindMayorBitcorn on April 12, 2015, 04:18:33 PM

Quote from: Fatman3001 on April 12, 2015, 04:17:40 PM

Quote from: BlindMayorBitcorn on April 12, 2015, 04:17:00 PM

Quote from: LFC_Bitcoin on April 12, 2015, 04:15:43 PM

Quote from: Shatoshi on April 12, 2015, 04:01:49 PM

Quote from: Norway on April 12, 2015, 03:43:58 PM

Any ideas why my "Activity" is stuck at 98?

I have the same "problem"

It goes up by 14 every 2 weeks.

Only goes up a max of 14 in that time no matter how many posts you make.

What if you were banned for a week? Do those days count?

You get double points

Winning!

Lol, nice gif!

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: Fatman3001 on April 12, 2015, 04:17:40 PM

Quote from: BlindMayorBitcorn on April 12, 2015, 04:17:00 PM

Quote from: LFC_Bitcoin on April 12, 2015, 04:15:43 PM

Quote from: Shatoshi on April 12, 2015, 04:01:49 PM

Quote from: Norway on April 12, 2015, 03:43:58 PM

Any ideas why my "Activity" is stuck at 98?

I have the same "problem"

It goes up by 14 every 2 weeks.

Only goes up a max of 14 in that time no matter how many posts you make.

What if you were banned for a week? Do those days count?

You get double points

Winning!

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: BlindMayorBitcorn on April 12, 2015, 04:17:00 PM

Quote from: LFC_Bitcoin on April 12, 2015, 04:15:43 PM

Quote from: Shatoshi on April 12, 2015, 04:01:49 PM

Quote from: Norway on April 12, 2015, 03:43:58 PM

Any ideas why my "Activity" is stuck at 98?

I have the same "problem"

It goes up by 14 every 2 weeks.

Only goes up a max of 14 in that time no matter how many posts you make.

What if you were banned for a week? Do those days count?

You get double points

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: LFC_Bitcoin on April 12, 2015, 04:15:43 PM

Quote from: Shatoshi on April 12, 2015, 04:01:49 PM

Quote from: Norway on April 12, 2015, 03:43:58 PM

Any ideas why my "Activity" is stuck at 98?

I have the same "problem"

It goes up by 14 every 2 weeks.

Only goes up a max of 14 in that time no matter how many posts you make.

What if you were banned for a week? Do those days count?

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: Shatoshi on April 12, 2015, 04:01:49 PM

Quote from: Norway on April 12, 2015, 03:43:58 PM

Any ideas why my "Activity" is stuck at 98?

I have the same "problem"

It goes up by 14 every 2 weeks.

Only goes up a max of 14 in that time no matter how many posts you make.

Fatman3001

legendary

Activity: 1554

Merit: 1014

Make Bitcoin glow with ENIAC

Quote from: sAt0sHiFanClub on April 12, 2015, 03:54:25 PM

Quote from: Fatman3001 on April 12, 2015, 03:49:37 PM

Don't think he's sockpuppet, he's just a bit of an _____ sometimes (He may have switched to short). But I could stop quoting him if you like?

Okay, benefit of the doubt time. In what way do you think Ito will help Bitcoin? I mean in the context of the current problems of the foundation, and the overwhelming view of its critics that we dont need a central authority in the first place.

edit: BTW Im not shorting bitcoin. I dont treat bitcoin as some stupid horse race or lottery that so many like to believe.

The Bitcoin development has been underfunded and uncoordinated to a point where it risks being unable to deal with major problems if uncovered. Having firm ground somewhere well funded with a lot of bright heads lessens the risk of Bitcoin stumbling on itself. I would love it if other universities or organisations in other countries set up similar centers, but you have to start somewhere.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: Shatoshi on April 12, 2015, 04:01:49 PM

Quote from: Norway on April 12, 2015, 03:43:58 PM

Any ideas why my "Activity" is stuck at 98?

I have the same "problem"

Judging by your join date, the forum fairies will grant you your upgrade in the next 24-48 hours. Each activity upgrade adds 2.4 months to your lifespan and decreases the likelihood of being struck by meteorites. It's a great deal.

Shatoshi

newbie

Activity: 28

Merit: 0

Quote from: Norway on April 12, 2015, 03:43:58 PM

Any ideas why my "Activity" is stuck at 98?

I have the same "problem"

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

Norway

sr. member

Activity: 406

Merit: 251

Quote from: gentlemand on April 12, 2015, 03:55:55 PM

Quote from: Norway on April 12, 2015, 03:43:58 PM

Any ideas why my "Activity" is stuck at 98?

Better asking that here https://bitcointalk.org/index.php?board=24.0

Your activity should go up 14 points every two weeks or something. Once you're past the opening few days it doesn't matter how many posts you make. You only need to make one every 14 days to go up.

Thanks!

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: Norway on April 12, 2015, 03:43:58 PM

Any ideas why my "Activity" is stuck at 98?

Better asking that here https://bitcointalk.org/index.php?board=24.0

Your activity should go up 14 points every two weeks or something. Once you're past the opening few days it doesn't matter how many posts you make. You only need to make one every 14 days to go up.

ssmc2

legendary

Activity: 2002

Merit: 1040

Something tells me the trolls screaming ponzi are the same type of guys in real life that try to push actual pyramid schemes on you.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 22027. (Read 26607507 times)