Quote from: Daper on December 07, 2018, 02:02:49 AM

Quote from: btc-room101 on December 06, 2018, 11:43:57 PM

Quote from: Daper on December 06, 2018, 10:53:30 PM

HODLING is for idiots who do not understand the fundamentals of investment, how to make money off of trading and who can't differentiate between the concepts of investment in stocks vs crypto.

I had said back in December last year when people were falling over each other acting all crypto experts and proclaiming cryptos about to take over the world - I had said at that time that it's a speculative bubble that will burst soon and most coins will be left eating dust by mid 2018. I had also said that only a handful of top tier coins will survive with a meaningful utility. Most laughed off at that time and these are same ones who are now crying blood through their eyes, opening up threads after threads screaming "why ... why?" and desperately pleading with people to go and buy more coins as this is the "buyers market" Grin

Blockchain technology and crypto coins are two distinctively separate entities. Blockchain does not need coins to sustain itself. There are software companies who have already successfully deployed tools using blockchain technology but without the nonsense of crypto coins.

Crypto coins on the other hand, have no practical use in our daily life other than a novelty. What is the business case for carrying 200 different types of crypto coins to carry out your daily activities when you can simply use existing fiat structure with much less hassles? BTC and few others may get mainstream traction but to think they can replace existing banking, financial and fiat structures is nothing more than a dumb fool's daydreaming.

Well there is an intelligent man in the building.

So I will ask this question, What is the 'successful deployment of bitcoin' name one, or two, or three;

I'm a professional developer, thus I would like to know about this 'success' you speak of, to me block-chain is just peer2peer networking hobby, like torrent; Yes, successful, but in terms of creating real jobs say like Oracle, much of what I see is VC startup's trying to use block-chain to run the next unicorn, but largely just burning other peoples money. Block-Chain like bitcoin has largely become just another con-artist buzzword to sell 'shit'

IMHO this is another "Urban Myth of Bitcoin, that block-chain is Unique, or valuable"

Yes, we don't need shit-coins, but sadly we have +2100 shit-coins and their mother begat shit, so what that make her? ( Mother btc, father a NSA/CIA ghost name satoshi, but supposed to return like Jesus )

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So I will ask this question, What is the 'successful deployment of bitcoin' name one, or two, or three;

I believe the correct phrase you wanted to use was successful deployment of blockchain. There's no such thing as deployment of bitcoin.

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I'm a professional developer, thus I would like to know about this 'success' you speak of, to me block-chain is just peer2peer networking hobby

If this is the extent of your understanding about blockchain technology, then you're far from being a professional developer.

What is blockchain - in the simplest term, it provides an underlying infrastructure to record and move information in an indestructible, transparent manner without any external influences trying to manipulate or corrupt the data. This information could be anything, be it financial records, regional weather reports, energy consumption, health records etc. And none of this require use of any crap coins in real world, serious applications.

To think it's just a hobby project shows your naive understanding of a serious technology. Currently there are big names like IBM, FedEx, Qualcomm, Walmart that are implementing information delivery solutions based on BC - you think these multi-billion dollar companies are just playing around with a hobby project? LOL.

Heard of Hyperledger? an open source consortium bringing together big name players from across broad range of industries to develop standards and deploy tools and solutions based on BC.

Naive dweebs hear blockchain and they instantly think of crypto coins because that is the extent of their understanding of what blockchain technology is capable of. Like I said earlier, 99% of these coins along with their fanciful 100 page whitepapers which are nothing but pile of shit will soon be disappearing and left to eat dust, lot of them already have.

Daper

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