a3voices

56 ms·

511.
by a3voices 13y ago
HN becomes more like Reddit every day.
512.
Ludic fallacy(en.wikipedia.org)
9 points by a3voices 13y ago|0 comments
513.
by a3voices 13y ago
I agree. Bitcoin is a technological advance for all of civilization (like the printing press), while Square is just a slight optimization of the status quo.
514.
by a3voices 13y ago
Everything that happens in the universe, and your life, is controlled by the laws of physics. Trying to stop bad things from happening is like trying to prevent gravity. Control over anything is an illusion. That's how I see it, anyway
515.
by a3voices 13y ago
1. There is a finite number of Bitcoins that will exist This is a good thing. It makes Bitcoins similar to gold. There is a finite amount of gold in the world. Artificial scarcity is an innovation. 2. Whilst there is a finit
516.
by a3voices 13y ago
Creepily cool!
517.
Bitcoin vs Snapchat vs Tumblr(google.com)
14 points by a3voices 13y ago|11 comments
518.
by a3voices 13y ago
I would stick with Bitcoin. Litecoin is more controlled by pump & dumpers, giving it much less stability. It also has a far smaller community. I predict both will grow, but Litecoin more slowly. Also the person who works on Litecoin doe
519.
by a3voices 13y ago
I agree it's unsustainable forever, but I see it as analogous to Facebook when its market cap. was only $6 billion or so.
520.
by a3voices 13y ago
It's more like gold than a typical currency, due to its scarcity (20 million Bitcoins will be mined ever).
521.
by a3voices 13y ago
Actually Bitcoin is following strong exponential growth from its inception. It's no more a bubble than Facebook is.
522.
by a3voices 13y ago
It's not a bubble. It's very fast growth. http://i.imgur.com/qgT9vxx.png
523.
by a3voices 13y ago
Holding. They've had 10x growth per year roughly. It would be smartest to hold them long term, in my opinion.
524.
by a3voices 13y ago
> What's the best and easiest exchange to get into? Lets just say to start buying bitcoins? I recommend Coinbase. It's what I use personally. Bitstamp is also good I heard, and has the most volume for people in the U.S. Btc-e.c
525.
by a3voices 13y ago
> It seems that Bitcoin will have a hard time recovering in the first two scenarios, yes It would recover if it is regulated, but it would take longer. It would be adopted in countries that don't regulate it so much. The chance of a
526.
by a3voices 13y ago
The biggest risks are these: 1. Strong U.S. or Chinese regulation 2. An irreversible, fatal flaw in the Bitcoin protocol is discovered 3. A competing cryptocurrency, or other emerging form of money, manages to outpace it in growth and steal
527.
BTC in 1 million USD(i.imgur.com)
4 points by a3voices 13y ago|0 comments
528.
by a3voices 13y ago
I remember hearing Warren Buffet also tries to stay away from technology investments, because he doesn't understand them well enough.
529.
by a3voices 13y ago
It is highly unlikely that the U.S. government will declare Bitcoin illegal, due to this breaking news story: "U.S. Agencies to say Bitcoins Offer Legitimate Benefits" http://www.bloomberg.com/news/2013-11-18&
530.
U.S. Agencies to say Bitcoins Offer Legitimate Benefits(bloomberg.com)
116 points by a3voices 13y ago|38 comments
531.
The Bitcoin Singularity is Near (February 2013)(bitcointalk.org)
2 points by a3voices 13y ago|0 comments
532.
by a3voices 13y ago
I'm 26. My oldest code online is here: http://www.angelfire.com/ma3/medmath/ I wrote it in 2000, I think, to do a homework problem.
533.
by a3voices 13y ago
It seems like massive investments are pouring into Bitcoin. I don't see why that will suddenly stop.
534.
by a3voices 13y ago
No idea really, but much higher than it is now.
535.
by a3voices 13y ago
Buy more Bitcoins, of course.
536.
Bitcoin now one of the top 100 currencies in the world (coinometrics.com)
2 points by a3voices 13y ago|0 comments
537.
by a3voices 13y ago
This is false. The main reason is Chinese adoption.
538.
by a3voices 13y ago
If you have enough information you can make educated guesses about where the market will go. I've been following Bitcoin since 2011 so my predictions are accurate enough to invest.
539.
by a3voices 13y ago
I sure hope so!
540.
by a3voices 13y ago
Bitcoins are actually really easy to sell. Just transfer them to coinbase.com.

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