What do you mean popular figures? Like Taylor Swift or those in the know who work in the industry?
Because if you are speaking about the latter....Plenty of people were calling the housing bubble a bubble, and the dot com bubble a bubble. It's no mystery that the popular narrative disregards that because quite simply people don't want to hear it. I can remember people on CNBC literally being laughed over as they spoke because they were predicting the housing crash, quite accurately actually. "Hey people you should stay away from this" is not nearly as sexy as "better get in on this now folks!"
Also, there is a *lot* of interest in keeping a bubble going because everyone gets short sighted and just enjoy the short term gains ignoring what could be long term ruin. The only thought on the street is how to best maximize profits from the bubble, and that usually comes at the expense of those least able to afford it.
Ohh you got me there. Just because bitcoin looks and acts like every speculative bubble ever doesn't mean it is one, right?
A good rule of thumb for what is a speculative bubble: When the value of something dramatically increases without an answer to the question, "why". (aside from the below key factors in a speculative bubble):
Displacement: A displacement occurs when investors get enamored by a new paradigm, such as an innovative new technology or interest rates that are historically low.
Boom: Prices rise slowly at first, following a displacement, but then gain momentum as more and more participants enter the market, setting the stage for the boom phase. During this phase, the asset in question attracts widespread media coverage. Fear of missing out on what could be an once-in-a-lifetime opportunity spurs more speculation, drawing an increasing number of participants into the fold.
Euphoria: During this phase,caution is thrown to the wind, as asset prices skyrocket. The "greater fool" theory plays out everywhere. Valuations reach extreme levels during this phase.
During the euphoric phase, new valuation measures and metrics are touted to justify the relentless rise in asset prices.
Profit Taking: By this time, the smart money – heeding the warning signs – is generally selling out positions and taking profits. But estimating the exact time when a bubble is due to collapse can be a difficult exercise and extremely hazardous to one's financial health, because, as John Maynard Keynes put it, "the markets can stay irrational longer than you can stay solvent."
Panic: In the panic stage, asset prices reverse course and descend as rapidly as they had ascended. Investors and speculators, faced with margin calls and plunging values of their holdings, now want to liquidate them at any price. As supply overwhelms demand, asset prices slide sharply.
I'm not hating on bitcoin and actually think it will open up some new avenues to challenge the credit card companies to be more competitive but the irrational exuberance sucks people in and it hurts them, especially when highly speculative vehicles like ICOs are looking to cash in on it.
Do you disagree with this statement:"With IPOs investors gain shares in whatever company they plough money into, and profits can be easily shared. With ICOs, however, there is no mechanism in place for distributing any profits that may be made, profits are reliant on the value of a given cryptocurrency increasing and, perhaps more worrying, ICOs are not regulated in the way IPOs are" and if so, why?
Do you disagree with the fact that bitcoin is a huge speculative bubble? If so, why?
Or are you a bag holder who doesn't like it when people mention your bag may be empty at the end of the day?
Yes there needs to be house cleaning (without parachutes but that will never happen) and yes the FTC needs to open a huge can of woopass on them and yes they should be sued into insolvency but jail time?
Let's put the pitchforks away for a minute and realize it's not *if* a data breach happens it's when and no one is immune.
The bad thing here is, like others, they are pussyfooting around with what/why/when/how and some of it may be to ignorance but a lot is probably damage control. In a sensible system there would be laws in place that any company with PII *must* cooperate 100% to publicly identify what was accessed and how as soon as they know. These things should be learning experiences not exercises in PR/damage control.
Every time I have seen a new application, service, etc get overtaken by a competitor is because the new thing filled a hole missing by the masses. The biggest complaints I hear from mobile device users is around their carrier and/or the hardware. IOS and Android are in heavy competition and feature development is at breakneck pace, no startup could compete with that.
And the biggest barrier to entry is app development, people don't care what the OS is as long as they can snapchat and play angry birds.
Ohh and the patent system, throw that in and it really is a fools errand.
What does that have to do with the price of ducks in peking?
I am pretty sure Hillary is not leading the investigation into the possibility of direct Russian influence in the election. I am also pretty sure knowing about foreign influence and/or involvement in our elections should be a pretty clear cut bipartisan *American* issue we should know about regardless of which pony you pick in the race.
Also: "anti-LGBT, racist, anti-immigration campaign not specifically targeted at any candidate". Ummm I think only one candidate in the election held those positions. I could be wrong though.
A lot of people were 'Hmmm'ing all the way to bankruptcy in 2007 when their house was 300% of the purchase price and -30% a year later. Surely bitcoin couldn't suffer the same fate as that extremely secure, tangible, asset.
Day Low 4,201.1899 Day High 4,616.8999 52 Week Low 571.6600 52 Week High 4,616.8999
I know some countries are *relatively* unstable when compared to Dollar/Euro/etc but compared to bitcoin they are relatively stable. They may take big hits on occasion and suffer unreasonable inflation but those are usually singular events or extend over months/years. With bitcoin your gas and grocery money could become just grocery money on the way from the bank to the grocery store.
Not to mention all of the other issues surrounding bitcoin logistics in a 'developing economy'.
When they are redirecting, they are promoting and/or distributing others ideologies.
I get that they are a company and can do as they want with their platform but I am sure how you can see their intervention like this being used for not so warm and fuzzy things. Let's say something like they want some bill to get passed so they direct searches to only videos promoting the bill.
Not a fan of when companies get in the 'arbiters of free speech' business. It's either within your TOS or it isn't. You're either responsible for all content or none.
'Without free speech no search for truth is possible... no discovery of truth is useful.' -Charles Bradlaugh
There has been nonstop coverage about how the election was "hacked", of course that may not fit into your or others narrative that if they didn't directly hack voting machines then there is no "hacking" (let's call this the glove does not fit so you must acquit theory). There was the DNC hack and leaks and the disinformation campaigns that have been well covered and sourced to be either Russian government lead or by Russian parties with which we are unsure of their ties. You hear about Russia 20 times a day because the Trump campaign and Cabinet and close ties are oozing in unanswered questions/connections with regard to Russia and every day a new connection either direct or indirectly made.
That is all non-partisan fact. Take of it what you will.
While that information may be publicly available to one degree or another I don't think I would want it *freely* available to the next lunatic with a political axe to grind who lives down the street.
The legal market (prescriptions) while not the creator of the problem is definitely a huge contributor.
I'm not a fan of prohibition myself but opioids are really, really dangerous and really should only be given under direct supervision of a medical professional until the use has stopped and any withdrawal period is ended. They shouldn't be sitting in medicine cabinets across the country looking to make the next full blown heroin junkie. Opioid prescriptions, and yup deaths, are up something like 400% in the last 20 years. They are starting to get a handle on it but not before the damage has been done.
Or, echo recordings exonerate man? You do realize that the best they could hope to get from this was support from the timeline and possible someone saying "alexa, play katy perry roar"/etc and not the recordings from inside the house nonstop. There is a security risk from these devices being exploited but if amazon was recording outside of being activated by the keyword they would fold as a company overnight.
As I said before, I highly doubt they would concede this point just because "whatever" when amazon was fighting their fight for them.
What if after listening to the recordings themselves, the recordings go a long way to prove his innocence? I highly doubt they would concede this point just because "whatever" when amazon was fighting their fight for them.
I think you are grossly overestimating the cross functionality between tablets/phones and desktop/laptop devices, sure they kind of both *do* the same things but they are used for very different things. Yes people are using their phones/tablets more but they are using them more for the trivial things like angry birds or facebook. The moment they need to work on something serious like photo editing or an excel sheet etc they realize they need a desktop/laptop computer.
So yes, if Android OS starts gaining a foothold on the PC market then that is big news. This news just means android is on a *lot* of devices and that's completely not news because it's a free OS on every cheap device out there.
All that said windows/desktops are a relatively stagnant market because trivial us/gaming is on phones and consoles, but they aren't going anywhere anytime soon. Like I said upthread it's like comparing the toaster to the oven.
Windows is a desktop operating system with its install base there, Android is a tablet/phone OS with all of its install base there. It's like saying coffee makers are about to eclipse ovens as the most used appliance....ok? Still need the oven for its purpose.
You are right that usage behaviors are shifting but Android is not a desktop operating system so comparing the two is just silly. We know they both are trying to break into the other market but that ship has sailed, so yes the on 15$ tablets at Walmart is going to have a much bigger footprint than the one that is on 300-3000$ machines.
Slashdot Mirror
What do you mean popular figures? Like Taylor Swift or those in the know who work in the industry?
Because if you are speaking about the latter....Plenty of people were calling the housing bubble a bubble, and the dot com bubble a bubble. It's no mystery that the popular narrative disregards that because quite simply people don't want to hear it. I can remember people on CNBC literally being laughed over as they spoke because they were predicting the housing crash, quite accurately actually. "Hey people you should stay away from this" is not nearly as sexy as "better get in on this now folks!"
Also, there is a *lot* of interest in keeping a bubble going because everyone gets short sighted and just enjoy the short term gains ignoring what could be long term ruin. The only thought on the street is how to best maximize profits from the bubble, and that usually comes at the expense of those least able to afford it.
Ohh you got me there. Just because bitcoin looks and acts like every speculative bubble ever doesn't mean it is one, right?
A good rule of thumb for what is a speculative bubble: When the value of something dramatically increases without an answer to the question, "why". (aside from the below key factors in a speculative bubble):
Displacement: A displacement occurs when investors get enamored by a new paradigm, such as an innovative new technology or interest rates that are historically low.
Boom: Prices rise slowly at first, following a displacement, but then gain momentum as more and more participants enter the market, setting the stage for the boom phase. During this phase, the asset in question attracts widespread media coverage. Fear of missing out on what could be an once-in-a-lifetime opportunity spurs more speculation, drawing an increasing number of participants into the fold.
Euphoria: During this phase,caution is thrown to the wind, as asset prices skyrocket. The "greater fool" theory plays out everywhere.
Valuations reach extreme levels during this phase.
During the euphoric phase, new valuation measures and metrics are touted to justify the relentless rise in asset prices.
Profit Taking: By this time, the smart money – heeding the warning signs – is generally selling out positions and taking profits. But estimating the exact time when a bubble is due to collapse can be a difficult exercise and extremely hazardous to one's financial health, because, as John Maynard Keynes put it, "the markets can stay irrational longer than you can stay solvent."
Panic: In the panic stage, asset prices reverse course and descend as rapidly as they had ascended. Investors and speculators, faced with margin calls and plunging values of their holdings, now want to liquidate them at any price. As supply overwhelms demand, asset prices slide sharply.
I'm not hating on bitcoin and actually think it will open up some new avenues to challenge the credit card companies to be more competitive but the irrational exuberance sucks people in and it hurts them, especially when highly speculative vehicles like ICOs are looking to cash in on it.
What "hate" are you speaking of? Is fact "hate"?
Do you disagree with this statement:"With IPOs investors gain shares in whatever company they plough money into, and profits can be easily shared. With ICOs, however, there is no mechanism in place for distributing any profits that may be made, profits are reliant on the value of a given cryptocurrency increasing and, perhaps more worrying, ICOs are not regulated in the way IPOs are" and if so, why?
Do you disagree with the fact that bitcoin is a huge speculative bubble? If so, why?
Or are you a bag holder who doesn't like it when people mention your bag may be empty at the end of the day?
This is the era of "it sounds like it should be true so it is".
Never a speculative bubble it didn't like.
Yes there needs to be house cleaning (without parachutes but that will never happen) and yes the FTC needs to open a huge can of woopass on them and yes they should be sued into insolvency but jail time?
Let's put the pitchforks away for a minute and realize it's not *if* a data breach happens it's when and no one is immune.
The bad thing here is, like others, they are pussyfooting around with what/why/when/how and some of it may be to ignorance but a lot is probably damage control. In a sensible system there would be laws in place that any company with PII *must* cooperate 100% to publicly identify what was accessed and how as soon as they know. These things should be learning experiences not exercises in PR/damage control.
Every time I have seen a new application, service, etc get overtaken by a competitor is because the new thing filled a hole missing by the masses. The biggest complaints I hear from mobile device users is around their carrier and/or the hardware. IOS and Android are in heavy competition and feature development is at breakneck pace, no startup could compete with that.
And the biggest barrier to entry is app development, people don't care what the OS is as long as they can snapchat and play angry birds.
Ohh and the patent system, throw that in and it really is a fools errand.
What does that have to do with the price of ducks in peking?
I am pretty sure Hillary is not leading the investigation into the possibility of direct Russian influence in the election. I am also pretty sure knowing about foreign influence and/or involvement in our elections should be a pretty clear cut bipartisan *American* issue we should know about regardless of which pony you pick in the race.
How do you know the content of the ads?
Also: "anti-LGBT, racist, anti-immigration campaign not specifically targeted at any candidate". Ummm I think only one candidate in the election held those positions. I could be wrong though.
A lot of people were 'Hmmm'ing all the way to bankruptcy in 2007 when their house was 300% of the purchase price and -30% a year later. Surely bitcoin couldn't suffer the same fate as that extremely secure, tangible, asset.
This worked out so well for every other media company trying to cash grab and reinvent the wheel!
(actually hbo go is doing pretty well but that is an entirely different creature...well more of a 'like' creature)
...maybe there was something untoward going on in this last election cycle. Can't put my finger on it though.
"Never invest more than you can afford."
"To lose"
Day Low 4,201.1899
Day High 4,616.8999
52 Week Low 571.6600
52 Week High 4,616.8999
I know some countries are *relatively* unstable when compared to Dollar/Euro/etc but compared to bitcoin they are relatively stable. They may take big hits on occasion and suffer unreasonable inflation but those are usually singular events or extend over months/years. With bitcoin your gas and grocery money could become just grocery money on the way from the bank to the grocery store.
Not to mention all of the other issues surrounding bitcoin logistics in a 'developing economy'.
When they are redirecting, they are promoting and/or distributing others ideologies.
I get that they are a company and can do as they want with their platform but I am sure how you can see their intervention like this being used for not so warm and fuzzy things. Let's say something like they want some bill to get passed so they direct searches to only videos promoting the bill.
Not a fan of when companies get in the 'arbiters of free speech' business. It's either within your TOS or it isn't. You're either responsible for all content or none.
'Without free speech no search for truth is possible... no discovery of truth is useful.' -Charles Bradlaugh
There has been nonstop coverage about how the election was "hacked", of course that may not fit into your or others narrative that if they didn't directly hack voting machines then there is no "hacking" (let's call this the glove does not fit so you must acquit theory). There was the DNC hack and leaks and the disinformation campaigns that have been well covered and sourced to be either Russian government lead or by Russian parties with which we are unsure of their ties. You hear about Russia 20 times a day because the Trump campaign and Cabinet and close ties are oozing in unanswered questions/connections with regard to Russia and every day a new connection either direct or indirectly made.
That is all non-partisan fact. Take of it what you will.
While that information may be publicly available to one degree or another I don't think I would want it *freely* available to the next lunatic with a political axe to grind who lives down the street.
The legal market (prescriptions) while not the creator of the problem is definitely a huge contributor.
I'm not a fan of prohibition myself but opioids are really, really dangerous and really should only be given under direct supervision of a medical professional until the use has stopped and any withdrawal period is ended. They shouldn't be sitting in medicine cabinets across the country looking to make the next full blown heroin junkie. Opioid prescriptions, and yup deaths, are up something like 400% in the last 20 years. They are starting to get a handle on it but not before the damage has been done.
They just raised the internet prices to cover the basic channels and bundle it so the don't lose the presence on the TV.
Great, linux is a big competitor to microsoft. What does it have to do with this article or what I said?
Or, echo recordings exonerate man? You do realize that the best they could hope to get from this was support from the timeline and possible someone saying "alexa, play katy perry roar"/etc and not the recordings from inside the house nonstop. There is a security risk from these devices being exploited but if amazon was recording outside of being activated by the keyword they would fold as a company overnight.
As I said before, I highly doubt they would concede this point just because "whatever" when amazon was fighting their fight for them.
What if after listening to the recordings themselves, the recordings go a long way to prove his innocence? I highly doubt they would concede this point just because "whatever" when amazon was fighting their fight for them.
I think you are grossly overestimating the cross functionality between tablets/phones and desktop/laptop devices, sure they kind of both *do* the same things but they are used for very different things. Yes people are using their phones/tablets more but they are using them more for the trivial things like angry birds or facebook. The moment they need to work on something serious like photo editing or an excel sheet etc they realize they need a desktop/laptop computer.
So yes, if Android OS starts gaining a foothold on the PC market then that is big news. This news just means android is on a *lot* of devices and that's completely not news because it's a free OS on every cheap device out there.
All that said windows/desktops are a relatively stagnant market because trivial us/gaming is on phones and consoles, but they aren't going anywhere anytime soon. Like I said upthread it's like comparing the toaster to the oven.
"the *OS* on 15$" is what I meant to say.
Windows is a desktop operating system with its install base there, Android is a tablet/phone OS with all of its install base there. It's like saying coffee makers are about to eclipse ovens as the most used appliance....ok? Still need the oven for its purpose.
You are right that usage behaviors are shifting but Android is not a desktop operating system so comparing the two is just silly. We know they both are trying to break into the other market but that ship has sailed, so yes the on 15$ tablets at Walmart is going to have a much bigger footprint than the one that is on 300-3000$ machines.