Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
jbreher
on 07/02/2016, 00:10:38 UTC
"The lines cross and omg! catastrophe happens" is the sophisticated wrapper around the bullshit argument "nobody goes there any more because it is too popular".

If you think the world has enough Bitcoin users as things stand today, you have a point. If you think that use of Bitcoin growing by a factor of more than several dozen percent is desirable, then your point is ridiculous.

I don't think either of those things, you have just presented a false dichotomy, albeit shoddily constructed, that advances the debate by zero percent.
Code:
0------------------------------X...........Y-----------------------------------------------------------------Z

X = # bitcoin users today
Y = ~1.36 X
Z = # economic actors on the planet
'.......' : only range that fits your claim that I was making a false dichotomy.

You can call it shoddily constructed. I'll call it precise enough for the purpose at hand.

Just so we understand each other, would you be happy if adoption stalls out at somewhat less than twice of where it stands today? (We'll get to following arguments as a follow on....)

Quote
I was just pointing out the totally false and misleading argumentation of this whole "the lines cross omg! catastrophe" bullshit that your best friend Mike Hearn started.

Now who's advancing the debate by zero percent?