CGI is almost photo realistic these days, you would think at some point using motion detect, facial recognition body mechanic modelling etc any sports event would be able to be rendered in game in near real time so defeats the point of paying to see it.
We live in interesting times...
What is the criteria? If you you get too specific with what qualifies and what doesn't you defeat the purpose of innovation (ie let creators create).
Battery tech is a worthy investment. Tesla still receives much, much less subsidies than the fossil fuel industry, and kills much less people in the process.
That's the sort of thing people are talking about with respect to bubbles. And definitely something there is a danger of for the near future.
There's danger everywhere, even empires eventually fall. But the question should be, is Bitcoin going anywhere anytime soon? And if so when specifically?
But they don't need government assistance to buy a luxury vehicle.
The logic is that by subsidising a new industry, eventually the technology will become cheap enough for everyone else to benefit too. As much as it makes for great headlines, sometime subsidising the wealthy is actually a net gain for everyone (but only in some specific cases).
I'd buy a Leaf if it looked better. Manufacturers need to get past the EV-egg car design syndrome and make them look like regular cars. Tesla seems to be the only company doing this right now.
The cryptography can be upgraded with a fork. So a fix is painful but possible.
It's not even painful, we've already had a couple this year with a couple more in the pipeline. Another benefit of cryptocurrency is the ability to adapt and evolve on the fly.
Financial markets will not "drop everything" to get into crypto-currencies. They'll simply add them to their lists.
As a first step. Then when it becomes apparent that a decentralised commodity, currency, transaction network is better at everything than the centralised model, the forces of evolution will be felt.
Give it 10-15 years it will be like what the Internet did to postal services, faxes, landlines and cable TV.
It is backed by people investing in it, because they hope that someone else will buy it from them for a larger sum of real money than they bought it for themselves.
The same as gold or cash, ie whatever everyone thinks on any given day.
It's the ultimate "fiat currency"
Your definition of fiat must differ from mine. Fiat is govt backed, ie centralised, Bitcoin is decentralised. ie not Fiat
It's a greater fool gamble that the purchaser can offload their worthless gimmicks for an even greater price than they paid for it to someone even dumber than them.
Decentralised transactions are a thing. You might see it yet, but like every other disruptive tech, this will be mainstream sooner or later. Disruptive tech has potential, and potential has value. The market will decide what the actual value is, not some guy on the internet.
Bitcoin is a user of blockchain, just as the Ford Model T was a user of the internal combustion engine. Which is still with us, the ICE or model T?
Ford is still with us because when the Model T got outdated, they released new models. Or do you think that when Bitcoin's time is over, the entire market will just evaporate?
As I have repeatedly said. Blockchain is the future,
Yes and BTC is currently the leader in that space. Anything other comment is equally speculative, but I'm guessing that the irony of that is lost on you...
Tons of what stuff? What does this have to do with the discussion? Your claim is that peak oil was just a scaremongering tactic, but peak anything is actually an economic principle about the behaviour of any finite resource combined with a constant and increasing demand will result in a peak at some point in time.
It's not news, it's called an education.
Any Capitalist should love climate change. It's a multi-billion dollar opportunity to make more money, and lots of the smart ones are already doing so.
Whoa, so it's OK to blatantly lie? WTF? Look, technology proceeds no matter what, lying just discredits your situation. This is why nobody believes in global warming, the whole thing is just a ploy to get rid of capitalism.
Oh ok. I have no idea what this crackpot gibberish is about. As you were...
I am making a negative claim, the claim that there isn't evidence of what you assert.
I didn't assert anything. I saw your claim which was roughly 'fat people and smokers die early, therefore cost less to society overall than healthy people who might live 20 years+ longer" (I'm paraphrasing). I've actually seen evidence both ways, I was just wondering if this based on specific data or only your own personal family story.
You don't prove negatives. You prove positives.
Thanks for playing, anyhow.
Both are competing hypotheses, both are held to the same standard.
Let me help you with your understanding: Blockchain is the disruptive technology, not bitcoin.
Right and they're not related in any way...
Stop applying outdated models to new things and it might make more sense.
Clue: I am applying cryptocurrency pricing of the last few years, bitcoin 2014 $1,000, bitcoin 2015 $250-$300.
Right. So cherry picking specific examples to suit your case. Let me quote Warren Buffet at you if you need old wise man logic: "markets swing wildly from day to day on the smallest of news, rally, and crash on sentiment, and celebrate or vilify the most inane data points..."
Don't get caught up in the fluff, block chain is a thing and it isn't going away. Bitcoin is first mover so will enjoy a huge boost from that position, but every crypto trader I know has a portfolio of multiple coins. Even if Ford goes bankrupt we don't all go back to riding horses.
so overjoyed they're missing the part that this entire thing is a disaster for Bitcoin in terms of its supposed use. And if Bitcoin is completely unusable for the purpose for which it was designed then... what's the point of Bitcoin?
Sometimes the intended use differs from the eventual use, but it doesn't make it useless. See gold for another example...
Slashdot Mirror
CGI is almost photo realistic these days, you would think at some point using motion detect, facial recognition body mechanic modelling etc any sports event would be able to be rendered in game in near real time so defeats the point of paying to see it.
We live in interesting times...
This isn't one of those cases.
What is the criteria? If you you get too specific with what qualifies and what doesn't you defeat the purpose of innovation (ie let creators create).
Battery tech is a worthy investment. Tesla still receives much, much less subsidies than the fossil fuel industry, and kills much less people in the process.
That's the sort of thing people are talking about with respect to bubbles. And definitely something there is a danger of for the near future.
There's danger everywhere, even empires eventually fall. But the question should be, is Bitcoin going anywhere anytime soon? And if so when specifically?
But they don't need government assistance to buy a luxury vehicle.
The logic is that by subsidising a new industry, eventually the technology will become cheap enough for everyone else to benefit too. As much as it makes for great headlines, sometime subsidising the wealthy is actually a net gain for everyone (but only in some specific cases).
Buying a car with a small engine is more cost effective.
This explains perfectly why there's no such thing as Ferrari, Louis Vuitton, Bollinger, Louboutin etc...
I'd buy a Leaf if it looked better. Manufacturers need to get past the EV-egg car design syndrome and make them look like regular cars. Tesla seems to be the only company doing this right now.
The cryptography can be upgraded with a fork. So a fix is painful but possible.
It's not even painful, we've already had a couple this year with a couple more in the pipeline. Another benefit of cryptocurrency is the ability to adapt and evolve on the fly.
Financial markets will not "drop everything" to get into crypto-currencies. They'll simply add them to their lists.
As a first step. Then when it becomes apparent that a decentralised commodity, currency, transaction network is better at everything than the centralised model, the forces of evolution will be felt.
Give it 10-15 years it will be like what the Internet did to postal services, faxes, landlines and cable TV.
Post of the day!
Precious metals are rare enough plus they can be used for other purposes.
Really? So if I gave you a 1kg of gold what exactly would you use it for?
It is backed by people investing in it, because they hope that someone else will buy it from them for a larger sum of real money than they bought it for themselves.
Isn't that how all investments work?
In the end, Bitcoin is another funny money vehicle that will probably bubble and collapse just like the other bubbles of pretend money do.
Like gold for example...
and what real value do you think bitcoin has?
The same as gold or cash, ie whatever everyone thinks on any given day.
It's the ultimate "fiat currency"
Your definition of fiat must differ from mine. Fiat is govt backed, ie centralised, Bitcoin is decentralised. ie not Fiat
It's a greater fool gamble that the purchaser can offload their worthless gimmicks for an even greater price than they paid for it to someone even dumber than them.
Decentralised transactions are a thing. You might see it yet, but like every other disruptive tech, this will be mainstream sooner or later. Disruptive tech has potential, and potential has value. The market will decide what the actual value is, not some guy on the internet.
Bitcoin is a user of blockchain, just as the Ford Model T was a user of the internal combustion engine. Which is still with us, the ICE or model T?
Ford is still with us because when the Model T got outdated, they released new models. Or do you think that when Bitcoin's time is over, the entire market will just evaporate?
As I have repeatedly said. Blockchain is the future,
Yes and BTC is currently the leader in that space. Anything other comment is equally speculative, but I'm guessing that the irony of that is lost on you...
What, you don't know? Seriously?
Don't know what? Is English your first language?
There's tons of this stuff out there...
Tons of what stuff? What does this have to do with the discussion? Your claim is that peak oil was just a scaremongering tactic, but peak anything is actually an economic principle about the behaviour of any finite resource combined with a constant and increasing demand will result in a peak at some point in time.
It's not news, it's called an education.
Any Capitalist should love climate change. It's a multi-billion dollar opportunity to make more money, and lots of the smart ones are already doing so.
Whoa, so it's OK to blatantly lie? WTF? Look, technology proceeds no matter what, lying just discredits your situation. This is why nobody believes in global warming, the whole thing is just a ploy to get rid of capitalism.
Oh ok. I have no idea what this crackpot gibberish is about. As you were...
I am making a negative claim, the claim that there isn't evidence of what you assert.
I didn't assert anything. I saw your claim which was roughly 'fat people and smokers die early, therefore cost less to society overall than healthy people who might live 20 years+ longer" (I'm paraphrasing). I've actually seen evidence both ways, I was just wondering if this based on specific data or only your own personal family story.
You don't prove negatives. You prove positives. Thanks for playing, anyhow.
Both are competing hypotheses, both are held to the same standard.
Let me help you with your understanding: Blockchain is the disruptive technology, not bitcoin.
Right and they're not related in any way...
Stop applying outdated models to new things and it might make more sense.
Clue: I am applying cryptocurrency pricing of the last few years, bitcoin 2014 $1,000, bitcoin 2015 $250-$300.
Right. So cherry picking specific examples to suit your case. Let me quote Warren Buffet at you if you need old wise man logic: "markets swing wildly from day to day on the smallest of news, rally, and crash on sentiment, and celebrate or vilify the most inane data points..."
Don't get caught up in the fluff, block chain is a thing and it isn't going away. Bitcoin is first mover so will enjoy a huge boost from that position, but every crypto trader I know has a portfolio of multiple coins. Even if Ford goes bankrupt we don't all go back to riding horses.
I really hope you are not serious mate!
When guys doing similar enough to what you're doing now encountered 29-Oct-1929 a fair portion of them jumped out of windows...
And for every other year they were owning yachts. Fair enough if you want to play it safe, success doesn't usually come with that behaviour.
It's gonna be nasty, and when the bubble pops the transaction backlog will be huge as people try to dump their BTC before they lose everything.
And this is different from cash or gold how?
No, bitcoin is not money. It's digital gold. How much does it cost to transact a bar of gold ?
You don't actually know how BTC works, do you?
He seems to understand more than you...
In other words, they have no idea why it's doing what it's doing.
I'm starting to think "expert" is someone who is physically unable to utter the words "I don't know".
I'll assume the irony of that comment is lost on you...
Also BTC can be and is used as currency. It has a slow transfer rate, that's for sure, but it works.
It's slow compared to cash, but it fast compared to international or inter-bank transfers. So yeah, it has uses.
so overjoyed they're missing the part that this entire thing is a disaster for Bitcoin in terms of its supposed use. And if Bitcoin is completely unusable for the purpose for which it was designed then... what's the point of Bitcoin?
Sometimes the intended use differs from the eventual use, but it doesn't make it useless. See gold for another example...
The sharp rise of the last few months is a sure sign the crash is near.
Yeah I remember hearing the same thing with Apple shares. Glad I sold them back in 2008....