Quote from: sidhujag on March 11, 2015, 05:18:30 PM

Quote from: thezerg on March 11, 2015, 04:59:19 PM

Quote from: cypherdoc on March 11, 2015, 04:15:26 PM

Quote from: uvwvj on March 11, 2015, 04:10:00 PM

Quote from: justusranvier on March 11, 2015, 04:05:38 PM

Quote from: Zangelbert Bingledack on March 11, 2015, 03:58:59 PM

The trend seems to be tapering off, but it's still alive. Meanwhile Ethereum seems to be taking a "money doesn't matter"/"blockchains are a friggin' database technology" stance even after their huge crowdsale.

Of course he'd act that way.

When he wanted the investor money, he had to build expectations of returns.

Now that he has the money, he wants to lower expectations of returns to preemptively shrink the size of the angry mob before it forms.

Biggest legal (but unmoral) con in Bitcoin Land to date. I will make something (or maybe not) and sell coins for BTC. And database tech rocks -

19 year old kid might be able to code but has a long way to go to understand how the real world works.

Actually, Vitalik is smarter than all of you. All he has to do to make huge returns for Ethereum is go to the beach and do nothing with the 20k or so coins he's holding and watch them appreciate.

No, it did not take a genius to realize that a natural extension of Bitcoin is to make it Turing complete. In fact, as soon as an engineer sees any language his next question is "how powerful is it?" In fact, Satoshi's restraint is interesting in that context, especially his restraint on allowing the definition of other currencies. I wonder if he felt that that feature would attract the eye of too many three letter agencies...

Its not intelligence but morality that restrains many of us.

I don't sell (much) at the tops. I don't want to be known as the guy who bilked lots of suckers out of $ if Bitcoin fails. I want to be known as a guy who identified BTC's potential as a force for positive social change through economics early and invested accordingly.

I think he probably left it out due to complexity of thoroughly testing and left it up to the world to figure out.. If it has value do you think bitcoin can fork to introduce turing complete script ops?

Right and also to emphasize the rarity of btc. And so the system doesn't smell too strongly of a method to issue unregulated securities. But the real problem is not turning complete but getting data to run the program on. Or more accurately getting trust free consensus on input data. If you use an oracle to supply the data that oracle might as well just execute the algorithm. Data like the cost of btc in usd or who won the superbowl. I know how to do the former but not the latter.