4 ms·

Are we at the "mania" stage of cryptocurrency interest yet?

QML 9y ago
Pretty sure the majority of people don't know about cryptocurrency yet. On the other hand, less than 1% of Americans were invested in the stock market preceding the Great Depression..
booleandilemma 9y ago
Not until we have cryptocurrency bootcamps and people pursuing degrees in cryptofinance.
- craigc 9y ago
  Or job postings asking for a minimum of 5 or 10 years of experience working with Solidity and Ethereum
  - reinhardt1053 9y ago
    https://jobs.smartrecruiters.com/Visa/743999653819682-blockchain-engineer?src=JB-10081 https://jobs.smartrecruiters.com/Visa/743999653819682-blockc...
    - JetSpiegel 9y ago
      Visa? Hedging their bets, it seems. Or one of those projects to put undesirables on.
- ajdlinux 9y ago
  Alas... https://digitalcurrency.unic.ac.cy/ https://digitalcurrency.unic.ac.cy/
  - booleandilemma 9y ago
    Wow it's further along than I thought!
joeyspn 9y ago
Not until Nicki Minaj or Drake appear in a music video with a bitcoin necklace...
- MichaelGG 9y ago
  Certainly makes it easy to have a high-density, high-value object - much more dense than casino chips. Put the only copy of a wallet with tons of BTC on a microSD. Fun marketing gimmick, too. Put $100 worth on a bunch of micro SDs, spray 'em gold, toss em out at concerts or stuff. Would totally get headlines if someone put $1M worth on an SD, then laughed and ate it live on TV and said good luck finding it. Or tossed it out of an airplane, or boat, etc. People show off wealth in all sorts of ways...
  - dahoramanodoceu 9y ago
    I'm super interested in making cryptocurrency printable and exchangable. It would be cool to make coins out of bits of recycled computer chips and resin, and only allow the e-waste recyclers to mint them. The global poor become our new bankers. ='D
  - joeyspn 9y ago
    Ever heard about Casascius coins? Gold + BTC... there are physical coins with 1k BTC (~$2.5M) inside https://en.bitcoin.it/wiki/Casascius_physical_bitcoins https://en.bitcoin.it/wiki/Casascius_physical_bitcoins
  - RexetBlell 9y ago
    You could get one of those Ether cards (https://ether.cards/ https://ether.cards/) and put $1M worth on it.
  - matt_wulfeck 9y ago
    It would make much more sense to do all those things with $100 bills.
- zhoujianfu 9y ago
  They can use this design I made! https://www.thingiverse.com/thing:165826 https://www.thingiverse.com/thing:165826
Techn0logist 9y ago
I read about it in the newspaper for the small town my parents live in, and I have a completely non-technical friend duped into a weird Bitcoin ponzi scheme. It's getting there.
abrkn 9y ago
It's not even close. I've been told that at the height of the Dotcom bubble, companies received investments for simply having ".com" in their name. That's where we're headed.
- Taek 9y ago
  There are companies raising >$100m with a prototype written by a single dev. I think we are close to the top, how much worse than this can it get? Everyone has realized there's crazy mania, and so now everyone is capitalizing on it. In a few months, the number of projects to fund will no longer be smaller than the amount of money being put towards funding.

QML 9y ago

Pretty sure the majority of people don't know about cryptocurrency yet. On the other hand, less than 1% of Americans were invested in the stock market preceding the Great Depression..

booleandilemma 9y ago

Not until we have cryptocurrency bootcamps and people pursuing degrees in cryptofinance.

craigc 9y ago
Or job postings asking for a minimum of 5 or 10 years of experience working with Solidity and Ethereum
- reinhardt1053 9y ago
  https://jobs.smartrecruiters.com/Visa/743999653819682-blockchain-engineer?src=JB-10081 https://jobs.smartrecruiters.com/Visa/743999653819682-blockc...
  - JetSpiegel 9y ago
    Visa? Hedging their bets, it seems. Or one of those projects to put undesirables on.
ajdlinux 9y ago
Alas... https://digitalcurrency.unic.ac.cy/ https://digitalcurrency.unic.ac.cy/
- booleandilemma 9y ago
  Wow it's further along than I thought!

joeyspn 9y ago

Not until Nicki Minaj or Drake appear in a music video with a bitcoin necklace...

MichaelGG 9y ago
Certainly makes it easy to have a high-density, high-value object - much more dense than casino chips. Put the only copy of a wallet with tons of BTC on a microSD. Fun marketing gimmick, too. Put $100 worth on a bunch of micro SDs, spray 'em gold, toss em out at concerts or stuff. Would totally get headlines if someone put $1M worth on an SD, then laughed and ate it live on TV and said good luck finding it. Or tossed it out of an airplane, or boat, etc. People show off wealth in all sorts of ways...
- dahoramanodoceu 9y ago
  I'm super interested in making cryptocurrency printable and exchangable. It would be cool to make coins out of bits of recycled computer chips and resin, and only allow the e-waste recyclers to mint them. The global poor become our new bankers. ='D
- joeyspn 9y ago
  Ever heard about Casascius coins? Gold + BTC... there are physical coins with 1k BTC (~$2.5M) inside https://en.bitcoin.it/wiki/Casascius_physical_bitcoins https://en.bitcoin.it/wiki/Casascius_physical_bitcoins
- RexetBlell 9y ago
  You could get one of those Ether cards (https://ether.cards/ https://ether.cards/) and put $1M worth on it.
- matt_wulfeck 9y ago
  It would make much more sense to do all those things with $100 bills.
zhoujianfu 9y ago
They can use this design I made! https://www.thingiverse.com/thing:165826 https://www.thingiverse.com/thing:165826

Techn0logist 9y ago

I read about it in the newspaper for the small town my parents live in, and I have a completely non-technical friend duped into a weird Bitcoin ponzi scheme. It's getting there.

abrkn 9y ago

It's not even close. I've been told that at the height of the Dotcom bubble, companies received investments for simply having ".com" in their name. That's where we're headed.

Taek 9y ago
There are companies raising >$100m with a prototype written by a single dev. I think we are close to the top, how much worse than this can it get? Everyone has realized there's crazy mania, and so now everyone is capitalizing on it. In a few months, the number of projects to fund will no longer be smaller than the amount of money being put towards funding.