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Cryptocurrency prices will likely crash down to a tiny percent of their current value. Buying now (when hype is high) is a poor decision.
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Because there's no "not yet" answer available. As a result I think that high percentage is a symptom of the answer options rather than a rejection of cryptocurrency.
I have no intention of using it soon as I have no current need for it. Long term very possibly. The "other" answer, in its position, implied I was currently using a wallet of an unlisted technology, which doesn't apply. Therefore the closest answer to "not yet" was "won't touch it", which doesn't express my position well at all.
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That makes sense. Thanks for the clarification
"There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies. The first method is far more difficult." - C.A.R. Hoare
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Aren't Visa and Mastercard cryptocurrencies when you buy online?
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Agreed, and more reliable currency
I do not fear of failure. I fear of giving up out of frustration.
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I am actually quite surprised by the number of nay-sayers in this community. That probably speaks to our average age. (I likely wouldn't have looked into cryptocurrency myself if my millennial son hadn't brought it to my attention.)
I would definitely recommend all you "Won't touch it"s to transition into "Looking into it"s. There is literally no doubt in my mind that block chain technology will revolutionize commerce over the next 10 years as much as the internet itself has. This absolutely isn't going away, folks. And the net behemoths of today that don't embrace it will almost certainly become the Encyclopedia/Travel Agency/Brick&Mortar Bookstore companies of tomorrow. It's not about the criminal element (a small fraction); It's about a fundamental overhaul of online trust.
It's really that big. You owe yourself a favor to look into it.
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Well, I chose "Won't touch it" simply because (a) I'm not "looking into it" and (b) right now I have no need for it.
But if I did have a need for it I'd look into it.
If your neighbours don't listen to The Ramones, turn it up real loud so they can.
“We didn't have a positive song until we wrote 'Now I Wanna Sniff Some Glue!'” ― Dee Dee Ramone
"The Democrats want my guns and the Republicans want my porno mags and I ain't giving up either" - Joey Ramone
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May be before we jump into crpytocurrency, we should check how money work.
I have problem with trusting government provided currency. In what world we should trust this so called crpytocurrency
I do not fear of failure. I fear of giving up out of frustration.
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If you understood blockchain and how it works, you would have more trust in it. As each block in the chain is replicated across a peer-to-peer network of other blocks, it is practically imprenetrable to hacking. You would need to circumvent the entire blockchain to do so, and this would obviously have the effect of bringing unwanted attention to the hacker's activities.
"There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies. The first method is far more difficult." - C.A.R. Hoare
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If you understood how money works, then you would not have lectured me about blockchain.
I do not fear of failure. I fear of giving up out of frustration.
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Why do you assume I don't understand how money works? I did Economics at college and have a perfectly sound understanding of how money works.
I don't remember lecturing anyone either. I was giving an explanation of how blockchain works.
"There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies. The first method is far more difficult." - C.A.R. Hoare
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I was joking, I should stop joking, yesterday I made a mess with my GF.
Anyway, no I didn't know how block chain works, thanks a lot. The fact is I am not worried about security of money, I am worried about trusting the value of money. Value of money can be inflated artificially.
One final info, I didn't do Economics at college, but I think I will study it anyway..
I do not fear of failure. I fear of giving up out of frustration.
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You are welcome to embrace it because it is new.
Add to your list:
Japanese remote-computer kissing[^], and for the world of tomorrow, remote sex. Both with the look and feel of (what you'll believe to be) the real thing.
As an old fogey, I'll just settle for the flesh & blood type, hope against hope that they, too, don't go the way of the Encyclopedia, Travel-Agent, and each group of Early Adopters.
Ravings en masse^ |
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"The difference between genius and stupidity is that genius has its limits." - Albert Einstein | "If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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Realizing this should go in "Site Bugs/Suggestins", but I have your attention, here.
It's time CP have its own CryptoCurrency.
1) for status, before "that other site launches one"
2) in place of rep-points (starting fresh, sorry, O.G.).
We can give the a cool name like "NullPointers" or "Bitz".
Ravings en masse^ |
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"The difference between genius and stupidity is that genius has its limits." - Albert Einstein | "If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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W∴ Balboos wrote: We can give the a cool name like "NullPointers" or "Bitz". "BobBobs"
(As in Bob[^] and bob - Wiktionary[^] )
"When you don't know what you're doing it's best to do it quickly" - Jase #DuckDynasty
modified 5-Sep-17 19:56pm.
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I think the survey is missing an option. How about a simple "No"?
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Agree. Or maybe "Don't need it right now".
Either way, it doesn't mean you wouldn't consider it in the future.
If your neighbours don't listen to The Ramones, turn it up real loud so they can.
“We didn't have a positive song until we wrote 'Now I Wanna Sniff Some Glue!'” ― Dee Dee Ramone
"The Democrats want my guns and the Republicans want my porno mags and I ain't giving up either" - Joey Ramone
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... such stuff as dreams are made on
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I think it would have been better if they had asked for systems based on blockchains, or at least not just cryptocurrencies, because looking at the list of products included in the survey that seems to be the intention.
For example, the product Etherum is somewhat more global than a cryptocurrency: it is an environment for implementing smart contracts, and, eventually, one of those smart contracts implemented may be a cryptocurrency system.
Sorry for my bad English
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ISanti wrote: I think it would have been better if they had asked for systems based on blockchains
Also suggested by yours truly was this survey a few weeks ago. Not quite "systems based on blockchains", but revealing non-the-less.
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What I meant was that some products from the current survey are not exactly a cryptocurrency, and therefore appear to be included in the list because they use blockchains.
Ethereum is not a criptocurrency, it is a platform to implement smart contracts. The currency in which the validation nodes are compensated in Ethereum is Ether. In any case, having a Ethereum wallet can mean an Ether Wallet or a Wallet of any other cryptocurrency implemented with Ethereum.
Ripple is not a cryptocurrency either, it's a product to implement financial transactions that can be valued in fiat currencies, commodities, cryptocurrencies, etc.
Well, the survey question can be understood as if we have a wallet of any cryptocurrency implemented with those products. But I wanted to make that point so people don't think Ethereum or Ripple are cryptocurrencies.
Sorry for my bad English
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Anyhow, I am fascinated by this technology and will most likely be getting a "wallet" here soon.
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Looking into it is the best suitable option in this case.
Programming today is a race between software engineers striving to build bigger and better idiot-proof programs, and the Universe trying to produce bigger and better idiots. So far, the Universe is winning
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I'm an idiot. Didn't even see that.
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It is just my personal opinion but I would avoid cryptocurrencies for a couple of reasons:
1. They're overpriced. While they did gain a lot of value organically early on, today the value is being artificially inflated by investment speculation. Analysis points to a bubble forming.
2. They're still fiat currency and their value will eventually reach zero. Its only saving grace is that the size of the money pool isn't regulated by central banks.
3. They're digital. If you're one to spend real-world money to buy digital items then it will seem natural. I myself would rather invest in something in the real world that cannot be wiped by any number of technical problems and will at least (hopefully) retain its value and appreciate value in the long run.
I won't be buying any but these are my feelings on the subject.
if (Object.DividedByZero == true) { Universe.Implode(); }
Meus ratio ex fortis machina. Simplicitatis de formae ac munus. -Foothill, 2016
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