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General Discussion / Re: The price drop is the result of somewhat important but TEMPORARY bugs
« on: August 26, 2014, 03:29:50 pm »Why do people act like corrections only happen in crypto. When a market moves 1000% in one direction a correction will happen. It doesn't matter if it's a Dow stock, a commodity, or a crypto. All markets move in similar patterns. BitshareX could announce that it cured cancer and it will still correct. This is like a never ending discussion every time a crypto shoots up and down. It's getting irritating.
Keep in mind that a lot of people in crypto are math/computer geeks first (raises hand) and this is their first exposure to markets other than the business segment on the nightly news.
I love that this tech is making people learn about financial concepts they otherwise wouldn't have spent the effort on.
Well, those are the same types of responses I get from tech guys when I ask tech questions. Welcome to the other side.
Sorry, my whole career has been in the financial markets. I even worked for some of the big wall street firms controlled by satan himself.
No need to apologize! I was thinking the exact same thing...this is how us tech guys feel fielding business folks questions
That said the business people that have been testing the client and testing various attack vectors have been insanely invaluable. A true community effort.
Yeah, I will admit you tech guys are way smarter than we are and that's why we expect you to easily understand the business side as well. It's true. You can learn hard core finance much quicker than I could ever learn how to code.
