Quote from: jl2012 on May 26, 2014, 10:45:29 AM

Quote from: JorgeStolfi on May 26, 2014, 10:31:45 AM

As for the rest of the bitcoin protocol, and the Satoshi blockchain in particular, I am more skeptical than ever.

From you posting history, you seems much more interested in the timing of Chinese people eating and sleeping, rather than the design of blockchain.

I already answered that too, maybe 15,998,822 posts after that other question. I am satisfied that the technical aspects of the bitcoin protocol are sound. (Except for the fact that it relies on a mathematical conjecture for which there is no evidence whatsoever; but if that conjecture fails, all internet payment schemes will collapse, not just bitcoin.) It is the economical, political, and practical aspects that I am very skeptical about.

The sleeping and eating patterns of the Chinese are relevant to understanding what will happen to the price, which, you must agree, is an important factor in predicting its success. They can indicate, for example, whether the volume there is fake or not, which exchanges are leading the market, why those Overstock and Winklevoss noises have no effect on price, etc. Not as enlightening as dinosaurs, but infinitely more than any TA (even my own Chinese Slumber Method) or those log-scale straight line extrapolations.