Re: Fuck: SegWit, LN, Blockstream, Core, Adam Back, and GMazwell

You are showing that you are lacking in the ability to Compartmentalize .

Technical Capabilities of a coin and its price per coin are not a direct correlation.
Otherwise BTC would be near the bottom of the Coinmarketcap, not at the top.

The Majority of people follow the hype, BTC is the oldest and received the most hype being the 1st, it literally has nothing else going for it.
Which is why it dominance in the coin marketcap , is now below 70%, when it used to be above 90%,
BTC is literally not living up to the hype, because of it technical flaws, that are going unfixed at the present time.

Cool

FYI:
One Country Controls BTC Security , it is hardly secure, it is only protected by China.

You simultaneously refute your own argument in the same post you make it.

Really Break it down for me, makes perfect sense to me,

What does it look like in your noggin? Wink

FYI:
Was the word hype invisible to you?

The word hype does not make it valid and non-circular nevertheless. This is what the other poster was talking about when they said I think the markets are god. Hype does not fuel bitcoin's price, and neither does irrational exuberance. The markets as a pricing mechanism function as the totality and aggregation of all of the available information. It doesn't matter how many people visit r/btc to complain about a system they have taken no time to understand. It doesn't matter how many twitter accounts complain. The markets do not rally a $16billion dollar project for irrational reasons. The driving force is not hype and there is no founded scientific argument in regard to market theory that would suggest so.

When Jakoon or whatever their name is says I believe the markets are god, its because I explained that the markets are the pricing signals that tell us what is rational, we don't look back at them and make arguments that the markets are not being rational because they don't agree with our subjective opinion on the prices that are created.

Hayek explains in his essay the Use of Knowledge in Society:

Quote

the data from which the economic calculus starts are never for the whole society given to a single mind which could work out the implications and can never be so given.

The peculiar character of the problem of a rational economic order is determined precisely by the fact that the knowledge of the circumstances of which we must make use never exists in concentrated or integrated form but solely as the dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess.