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I try to be patient with Techcrunch, but seriously, phrases like this make me see red: > The market capitalization of Bitcoin vastly exceeds that of any Bitcoi

by hluska 9y ago

I try to be patient with Techcrunch, but seriously, phrases like this make me see red: > The market capitalization of Bitcoin vastly exceeds that of any Bitcoin-based startup. The same is true for Ethereum. The market cap of the US dollar exceeds that of any financial institution. What's the fucking point?

jayd16 9y ago
The point is that the success of bitcoin does not mean a huge windfall to bitcoin based startups. Reread the paragraph.
- tyingq 9y ago
  I suppose it depends on how broadly you define startup. Surely some drug dealers, online casinos, etc, are doing well. I believe Silkroad did $1B+ in sales.
xkcd-sucks 9y ago
Starting businesses is outmoded, the new fashionable high growth thing is starting currencies?
- dleslie 9y ago
  We're offering early access to a presale of our ICO to highly-valued partners; please direct inquiries about how you can be a member of this exclusive group to ponzi@scheme.coin
  - samstave 9y ago
    I really like your publication and would like to subscribe to your newsletter. My qualifications include a downstream consumer network of people ripe for my Business Savvy and I'd like to let you in on the opportunity to harvest the wealth which your seeds would grow through my hand. In fact, I wrote a book about this and it's yours for $50 - the title of the book is "how to get people to pay you $50 for your book" Reserve your exclusive .txt copy today for only three hundred payments of .0015 BTC
  - baxtr 9y ago
    I’d like to see your whitepaper!
    - samstave 9y ago
      How do you hit on a network engineer?
      - baxtr 9y ago
        Dunno. Show him your whitepapers?!
        samstave 9y ago
        Send him a SYN packet and see if you get an ACK
  - strin 9y ago
    Take my money!
austenallred 9y ago
TechCrunch will publish almost anything, so long as they think it will drive clicks. If you're a decent writer and want to write about a controversial topic for free, they'll likely have you.
mindhunters 9y ago
Not looking at this part, the whole article makes sense. Nowadays, we all see that it's difficult for small startups to promote themselves. The privilege on major platforms is given to those who pay more(ex: Google). Even if one company gains enough traction and begins to become successful, another larger corporation buys it (in best case) or makes everything to not let it get larger market share. Thus, "big guys" now are a barrier on our way to progress.

by hluska 9y ago

jayd16 9y ago

The point is that the success of bitcoin does not mean a huge windfall to bitcoin based startups. Reread the paragraph.

tyingq 9y ago
I suppose it depends on how broadly you define startup. Surely some drug dealers, online casinos, etc, are doing well. I believe Silkroad did $1B+ in sales.

xkcd-sucks 9y ago

Starting businesses is outmoded, the new fashionable high growth thing is starting currencies?

dleslie 9y ago
We're offering early access to a presale of our ICO to highly-valued partners; please direct inquiries about how you can be a member of this exclusive group to ponzi@scheme.coin
- samstave 9y ago
  I really like your publication and would like to subscribe to your newsletter. My qualifications include a downstream consumer network of people ripe for my Business Savvy and I'd like to let you in on the opportunity to harvest the wealth which your seeds would grow through my hand. In fact, I wrote a book about this and it's yours for $50 - the title of the book is "how to get people to pay you $50 for your book" Reserve your exclusive .txt copy today for only three hundred payments of .0015 BTC
- baxtr 9y ago
  I’d like to see your whitepaper!
  - samstave 9y ago
    How do you hit on a network engineer?
    - baxtr 9y ago
      Dunno. Show him your whitepapers?!
      - samstave 9y ago
        Send him a SYN packet and see if you get an ACK
- strin 9y ago
  Take my money!

austenallred 9y ago

TechCrunch will publish almost anything, so long as they think it will drive clicks. If you're a decent writer and want to write about a controversial topic for free, they'll likely have you.

mindhunters 9y ago

Not looking at this part, the whole article makes sense. Nowadays, we all see that it's difficult for small startups to promote themselves. The privilege on major platforms is given to those who pay more(ex: Google). Even if one company gains enough traction and begins to become successful, another larger corporation buys it (in best case) or makes everything to not let it get larger market share. Thus, "big guys" now are a barrier on our way to progress.