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> Look at the services built too. Mining companies and exchanges. Not really. Often, it is merchant solutions like BitPay or consumer services like Blockchain.

by Hermel 12y ago

> Look at the services built too. Mining companies and exchanges. Not really. Often, it is merchant solutions like BitPay or consumer services like Blockchain.info or Xapo that are funded. Most interesting in my opinion is blockstream. Mining tends to be privately funded outside the VC-ecosystem.

sanswork 12y ago
Bitpay is basically just a one way exchange that handles the trading for you. It is no different to end users except in the amount of work required. Xapo is a huge flop and accounts for 1/10th of that 400m. Bitfury accounts for another 1/10th. Blockchain raised a silly amount of money for a platform that most people in the community have lost faith in due to repeated security failings.
- FatalLogic 12y ago
  >Blockchain.info ... a platform that most people in the community have lost faith in That's a remarkably bold claim. Citation definitely needed. You will need to define the "community", and then provide a source for "most". I don't see how you can possibly do that, since both data points are lost in the murky fog that is the world of Bitcoin
  - sanswork 12y ago
    "community" /r/bitcoin|/r/bitcoinmarkets|bct "source" the few weeks a month or so back where every second post was about how evil or bad or stupid blockchain.info was and no one should use them anymore. It was around the time the problem was discovered with their keygen and when someone was regularly sweeping coins from wallets on the service.
    - FatalLogic 12y ago
      You're right to put "source" in quotes, because that's embarrassingly weak. You haven't even counted them. You're providing no real data. There's no way that it justifies your stark claim that "most people in the community have lost faith in Blockchain.info". Why do you feel the need to enhance your argument with exaggeration and unsupported assertions?
      - sanswork 12y ago
        I didn't realize my statement would confuse someone into thinking it was the result of a scientifically accurate survey and not just an observation of sentiment. I apologize for the confusion.
        FatalLogic 12y ago
        Thanks, I appreciate the apology! Almost 10% of the comments in this thread are by you, and they're filled with numerous bold claims of fact. Are all those statements "observations of sentiment", too, or was it only this one?
        sanswork 12y ago
        >Are all those statements "observations of sentiment", too, or was it only this one? If I use exact numbers they tend to be facts I can source you. If I use vague terms it is because I don't have the numbers or it is a sentiment claim. I've had a look through my comments here and don't really see too many bold claims at all. Do you have any specific ones you want an answer for?
        FatalLogic 12y ago
        "Most" is hardly a vague term, as it definitely means "more than 50%". Some would say it means more than 75%. So you're boldly claiming that the company has lost over 50% of its community support. That's an incredibly damaging statement. And you're basing it on shamefully weak evidence. If you really wanted to be vague, then the appropriate word might have been "some". So you could have said "Some people in the community have lost faith in Blockchain.info". But that wouldn't have sounded as impressive, would it? It would sound like you don't know what you're talking about and you don't have any real proof. So you went with the bold and confident "most". > Do you have any specific ones you want an answer for? Frankly, after this discussion, absolutely all of them, because you seem to be prone to exaggeration, to put it mildly.
        12y ago
    - mikeyouse 12y ago
      Someone shared this with me yesterday after someone was pestering me for a source for a benign statement and it feels appropriate for your current discussion: http://wondermark.com/1k62/ http://wondermark.com/1k62/

by Hermel 12y ago

sanswork 12y ago

Bitpay is basically just a one way exchange that handles the trading for you. It is no different to end users except in the amount of work required. Xapo is a huge flop and accounts for 1/10th of that 400m. Bitfury accounts for another 1/10th. Blockchain raised a silly amount of money for a platform that most people in the community have lost faith in due to repeated security failings.

FatalLogic 12y ago
>Blockchain.info ... a platform that most people in the community have lost faith in That's a remarkably bold claim. Citation definitely needed. You will need to define the "community", and then provide a source for "most". I don't see how you can possibly do that, since both data points are lost in the murky fog that is the world of Bitcoin
- sanswork 12y ago
  "community" /r/bitcoin|/r/bitcoinmarkets|bct "source" the few weeks a month or so back where every second post was about how evil or bad or stupid blockchain.info was and no one should use them anymore. It was around the time the problem was discovered with their keygen and when someone was regularly sweeping coins from wallets on the service.
  - FatalLogic 12y ago
    You're right to put "source" in quotes, because that's embarrassingly weak. You haven't even counted them. You're providing no real data. There's no way that it justifies your stark claim that "most people in the community have lost faith in Blockchain.info". Why do you feel the need to enhance your argument with exaggeration and unsupported assertions?
    - sanswork 12y ago
      I didn't realize my statement would confuse someone into thinking it was the result of a scientifically accurate survey and not just an observation of sentiment. I apologize for the confusion.
      - FatalLogic 12y ago
        Thanks, I appreciate the apology! Almost 10% of the comments in this thread are by you, and they're filled with numerous bold claims of fact. Are all those statements "observations of sentiment", too, or was it only this one?
        sanswork 12y ago
        >Are all those statements "observations of sentiment", too, or was it only this one? If I use exact numbers they tend to be facts I can source you. If I use vague terms it is because I don't have the numbers or it is a sentiment claim. I've had a look through my comments here and don't really see too many bold claims at all. Do you have any specific ones you want an answer for?
        FatalLogic 12y ago
        "Most" is hardly a vague term, as it definitely means "more than 50%". Some would say it means more than 75%. So you're boldly claiming that the company has lost over 50% of its community support. That's an incredibly damaging statement. And you're basing it on shamefully weak evidence. If you really wanted to be vague, then the appropriate word might have been "some". So you could have said "Some people in the community have lost faith in Blockchain.info". But that wouldn't have sounded as impressive, would it? It would sound like you don't know what you're talking about and you don't have any real proof. So you went with the bold and confident "most". > Do you have any specific ones you want an answer for? Frankly, after this discussion, absolutely all of them, because you seem to be prone to exaggeration, to put it mildly.
        12y ago
  - mikeyouse 12y ago
    Someone shared this with me yesterday after someone was pestering me for a source for a benign statement and it feels appropriate for your current discussion: http://wondermark.com/1k62/ http://wondermark.com/1k62/