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Quote from: amatoB on April 12, 2014, 03:17:54 amQuote from: Mrrr on April 12, 2014, 01:43:05 amQuote from: bytemaster on April 12, 2014, 01:13:06 amThis is why Bitcoin and other coins that don't reserve funds for developers will have problems.... they depend upon charity.Bitcoin can handle itself... if lack of full nodes becomes a real problem then we have more to worry about than nodeshares. I get your point, but if full nodes become a real problem it is too late already. Initiative is to solve the problem before it becomes a problem. I3 should buy nodes. It is essential to the survival of cryptocurrencies all together. As said before: I'd rather see the revolution today. Not in 2075.Makes sense. A precipitous drop in bitcoin price could really shake the confidence of investors and would-be investors in bitshares and substantially delay buy-in into the DAC industry. No matter how different bitshares are from bitcoin, they wouldn't be immune to the effects of big price crashes in BTC (at least in the short term). As a pts/ags holder, I worry most about a BTC implosion that would take down the whole sector....It depends on if there is a fiat exchange and ATMs. If there is then people will be buying. BTC shouldn't be the center of gravity which is too big to fail and I think only greedy people are pushing things in that direction.Nothing has been learned from MtGox or central bank failures. Here we have people centralizing around Bitcoin itself making it into the new MtGox. Bitcoin cannot be too big to fail, it should be able to fall and some other coin rise to take it's place in a healthy free market.
Quote from: Mrrr on April 12, 2014, 01:43:05 amQuote from: bytemaster on April 12, 2014, 01:13:06 amThis is why Bitcoin and other coins that don't reserve funds for developers will have problems.... they depend upon charity.Bitcoin can handle itself... if lack of full nodes becomes a real problem then we have more to worry about than nodeshares. I get your point, but if full nodes become a real problem it is too late already. Initiative is to solve the problem before it becomes a problem. I3 should buy nodes. It is essential to the survival of cryptocurrencies all together. As said before: I'd rather see the revolution today. Not in 2075.Makes sense. A precipitous drop in bitcoin price could really shake the confidence of investors and would-be investors in bitshares and substantially delay buy-in into the DAC industry. No matter how different bitshares are from bitcoin, they wouldn't be immune to the effects of big price crashes in BTC (at least in the short term). As a pts/ags holder, I worry most about a BTC implosion that would take down the whole sector....
Quote from: bytemaster on April 12, 2014, 01:13:06 amThis is why Bitcoin and other coins that don't reserve funds for developers will have problems.... they depend upon charity.Bitcoin can handle itself... if lack of full nodes becomes a real problem then we have more to worry about than nodeshares. I get your point, but if full nodes become a real problem it is too late already. Initiative is to solve the problem before it becomes a problem. I3 should buy nodes. It is essential to the survival of cryptocurrencies all together. As said before: I'd rather see the revolution today. Not in 2075.
This is why Bitcoin and other coins that don't reserve funds for developers will have problems.... they depend upon charity.Bitcoin can handle itself... if lack of full nodes becomes a real problem then we have more to worry about than nodeshares.
Now that we know crypto is just a new kind of company it cannot be stopped unless the concept of company stocks having value goes away. Sent from my iPhone using Tapatalk
History and the last 20 years are very different when it comes to R&D. There has been a breathtaking explosion in development, and PC and internet has entirely changed how things work.Bitcoin may fail and be confined to history books; but the public ledger system is going to be adopted in one form or another.
Quote from: Mrrr on April 11, 2014, 07:32:28 pmCrypto will only happen if BTC succeeds, if BTC doesn't we might have to wait another 100 years for the crypto revolution.I believe Crypto will succeed regardless of BTC. The genie is out of the bag now, and its the next step in the revolution which started with PC and carried through internet.I actually believe BTC failing can boost the overall crypto space, even though it may not be apparent immediately.
Crypto will only happen if BTC succeeds, if BTC doesn't we might have to wait another 100 years for the crypto revolution.
I believe Crypto will succeed regardless of BTC. The genie is out of the bag now, and its the next step in the revolution which started with PC and carried through internet.
Quote from: delulo on April 11, 2014, 06:38:27 pmQuote from: Mrrr on April 11, 2014, 06:24:23 pmQuote from: sumantso on April 11, 2014, 06:11:28 pmQuote from: Mrrr on April 11, 2014, 06:08:36 pmQuote from: delulo on April 11, 2014, 05:49:28 pmSupporting Bitcoin should be decided on a case by case bases. Bitcoin is a competitor and a springboard....Until my grandmother has a BTC wallet it is a springboard.There are some over here who are positively having sleepless nights due to the upcoming blokchain 2 thingy, and you want I3 to actually support Nodeshares Lap slap your laptop and peek outside through the window. Millions of people who don't use cryptocurrencies. All of them are done with our current economic model. But their entry into crypto will be Bitcoin. 'If you can't beat them, join them'Widespread adoption of cryptoxxx (currencies/shares...) will happen anyway. The question is which "companies" (coins/altcoins) will come out as actually profitable and thus widely used... I disagree. History is not deterministic. I live next to a highway, and I know I'll statistically live 8 years less because of that. The electric car was invented in the 1880's, and around 1900 there were more electric cars on the road than there are today. The electric car is the better idea, would have saved me from lung cancer. but it didn't happen anywaydifferent analogy: the tin can was invented in 1772 in the Netherlands, the first can opener was patented in the UK in 1855.Crypto will only happen if BTC succeeds, if BTC doesn't we might have to wait another 100 years for the crypto revolution.I don't like waiting. Buy some nodes already.(edited for typo's)
Quote from: Mrrr on April 11, 2014, 06:24:23 pmQuote from: sumantso on April 11, 2014, 06:11:28 pmQuote from: Mrrr on April 11, 2014, 06:08:36 pmQuote from: delulo on April 11, 2014, 05:49:28 pmSupporting Bitcoin should be decided on a case by case bases. Bitcoin is a competitor and a springboard....Until my grandmother has a BTC wallet it is a springboard.There are some over here who are positively having sleepless nights due to the upcoming blokchain 2 thingy, and you want I3 to actually support Nodeshares Lap slap your laptop and peek outside through the window. Millions of people who don't use cryptocurrencies. All of them are done with our current economic model. But their entry into crypto will be Bitcoin. 'If you can't beat them, join them'Widespread adoption of cryptoxxx (currencies/shares...) will happen anyway. The question is which "companies" (coins/altcoins) will come out as actually profitable and thus widely used...
Quote from: sumantso on April 11, 2014, 06:11:28 pmQuote from: Mrrr on April 11, 2014, 06:08:36 pmQuote from: delulo on April 11, 2014, 05:49:28 pmSupporting Bitcoin should be decided on a case by case bases. Bitcoin is a competitor and a springboard....Until my grandmother has a BTC wallet it is a springboard.There are some over here who are positively having sleepless nights due to the upcoming blokchain 2 thingy, and you want I3 to actually support Nodeshares Lap slap your laptop and peek outside through the window. Millions of people who don't use cryptocurrencies. All of them are done with our current economic model. But their entry into crypto will be Bitcoin. 'If you can't beat them, join them'
Quote from: Mrrr on April 11, 2014, 06:08:36 pmQuote from: delulo on April 11, 2014, 05:49:28 pmSupporting Bitcoin should be decided on a case by case bases. Bitcoin is a competitor and a springboard....Until my grandmother has a BTC wallet it is a springboard.There are some over here who are positively having sleepless nights due to the upcoming blokchain 2 thingy, and you want I3 to actually support Nodeshares
Quote from: delulo on April 11, 2014, 05:49:28 pmSupporting Bitcoin should be decided on a case by case bases. Bitcoin is a competitor and a springboard....Until my grandmother has a BTC wallet it is a springboard.
Supporting Bitcoin should be decided on a case by case bases. Bitcoin is a competitor and a springboard....