Re: I wish people would shut the fuck up about price. It adds no value.
There have been 3 bubbles now and each time it's the same thing at varying levels of intensity. People always generate bullshit technical charts detailing price movements, talking about this/that price point as if it meant something. "What will Bitcoin reach in 2014?". Hindsight analysis is always applied with X event explaining Y movement. Cyprus this. China that.
I'm so sick of this shit. It adds no value. I, for one, am glad that the price tanked, if it'll mean people will shut the fuck up about it.
Hopefully the hype is gone so when can start building the actual Bitcoin economy, the real guts of it - merchant adoption, international remittance, developer infrastructure, allowing transaction types that were previously impossible (e.g. MULTISIG, ANYONECANPAY etc ...).
Thanks for reading.
/rant
I'm so sick of this shit. It adds no value. I, for one, am glad that the price tanked, if it'll mean people will shut the fuck up about it.
Hopefully the hype is gone so when can start building the actual Bitcoin economy, the real guts of it - merchant adoption, international remittance, developer infrastructure, allowing transaction types that were previously impossible (e.g. MULTISIG, ANYONECANPAY etc ...).
Thanks for reading.
/rant
Nice rant
I think at this stage of Bitcoin's integration into the "real world", it's very difficult, almost impossible to avoid the "P" word topic. But I'd definitely like to see more discussion on other topics.
When more people start getting paid in bitcoin and paying their bills [directly] in bitcoin - I think that's when the price discussion will become less prevalent. But for now the easiest way for Average Joe to get some bitcoin is to pay the price of his fiat to someone who's willing to sell some of their bitcoin for that price.
When Average Joe is earning bitcoin then the discussion will switch from price to hourly rate or annual salary.