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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
giggidy23
on 03/07/2016, 15:46:09 UTC
It's finally happened. The good professor has snapped his marbles.

https://www.reddit.com/r/btc/comments/4qxchc/professor_of_computer_science_i_have_no_words/

Didn't realize he's still posting (not so much in here anymore though).

Always felt he was wrong on a number of things in here, stubbornly so unfortunately, but still added the occasional insight, and quite some rigor when it came to modeling (DAE dino graphs?).
Agreed.

It's funny though, that somebody who is the opposite of bitcoin's economical values target audience, and is "extremely sceptical" of it, is arguing to make it into something more of his liking.  Such hubris, much faceplant...

>somebody who is the opposite of bitcoin's economical values target audience
What's "bitcoin's economical values target audience"?
For that matter, what's "economical values"?
Did you mean "economical" as "like economic, but makes people giggle"? (Think using "tragical" in place of "tragic," e.g. "Bitcoin's tankening to $650 a few minutes ago was quite tragical.")

Roughly put, I would say that it is people who like dislike inflationary money. Of course there are other properties of bitcoin that some people might value, but I believe the 21M is the crux.  Please spare me the technical  "but bitcoin will be inflationary x more years" nitpicking.  

As far as economical goes, not everybody lives in an English-speaking country Lambsie, but good for you that you can still giggle about something like that.  

>Roughly put, I would say that it is people who like dislike inflationary money.
So people who don't have a clue about economics, or why the world economy works exclusively on fiat currencies?

>there are other properties of bitcoin that some people might value, but I believe the 21M is the crux.
Feel free to invest in BBQ coin.
Or Beanies, for that matter. The value of both depends on artificial scarcity.

>not everybody lives in an English-speaking country
Sure. And that's why I see it as my noblesse oblige to educate the underprivileged.

P.S. New low hit as I type. How tragical Sad