Post
Topic
Board Economics
Re: wtf @ the current state of the bitcoin economy
by
afterburner229
on 02/06/2011, 20:53:45 UTC
this was a good point in how many times the client has been d/led at least, might not be accurate to how many people are ACTIVE though

http://forum.bitcoin.org/index.php?topic=11212.msg160894#msg160894

I has downloaded bitcoin client too. I do NOTHING with it, just try & forget. Download counter does signify nothing, but PR-popularity-blob around bitcoin. I apparently see a correlation between two functions, download_counter (t) and ($/BTC) (t), both ~ exp (+t). LOL))

So, 95% people are dull-witted, 5% are professional gamblers.

Any profitable business itself is when large amount of people are cheated by unapparent volume. Any major crime itself is when small amount of people are cheated by very apparent volume.

For bitcoin society to be a business, not the crime, number of society members must grow exponentially till full world will be bitcoin society.

I proof, we don't observe such a grow, neither amoung number of exchange players, nor among number of miners:
http://forum.bitcoin.org/index.php?topic=9487.msg152755#msg152755

Next step I will proof, also NOR kind & volume of goods, being traded via BTC directly, is growing exponentially. Stand by..