I also am thinking of investing but this pre-sale is not the time. They are creating and distributing 1/3 of the ether from the pre-sale to the development team (along with the proceeds from the sale itself, so they in essence get to have their cake and eat it, too). Then they are creating another 1/3 of the ether from the pre-sale and giving it to the miners.
The "fuel" used is going to be a fart in the wind, since it is setup like a bidding process so the transaction goes to miner willing to accept the least amount of ether per clock cycle to run the contract. Since these contracts are going to contain at most maybe thousands of instructions, the expense is going to be extremely small.
So at launch, unless there is some "killer app" from day one, or they are able to generate more hype then they are right now, there won't be any buyers (anyone who was interested in the protocol would probably have bought at the pre-sale) and some major selling pressure from the miners and the ether distributed to the development team.
Many clones were made of bitcoin, but it has a large first mover advantage which keeps it on top. coinmarketcap.com has some interesting stats on the "altcoins"
IMHO, to continually put "success" above everything else in your life and slave away towards that goal as the ultimate redemption in everything is a waste of your time and therefore your life.
It can be such as easy sell, especially to people with low self-esteem... if only you were rich, had a great body, had success with the opposite sex, etc., etc. And always underlying it, but never spoken of, is the vain and self centered attempt to compare yourself to others and come out on top.
When these goals are achieved, rarely does anyone publicly say that it wasn't worth it. It's like a bad marriage rotting from the inside. No one wants to admit to being a fool. So stuff like this propagate, it's a beautiful lie. Rather than think of how awesome your life will be if you just work a little harder and achieve success, you might as well be talking about how great heaven will be as long as you follow some arbitrary religious text.
It's like you think someone out there is keeping score, and it's all some type of game which you can win. We came from nature, and in nature, nobody keeps score. Animals live and die on the basis of stupid luck all the time. On your death bed you probably won't be looking over your life and decide whether it was worthwhile or not, and give yourself some report card on it. Instead you more likely won't even remember more than bits and pieces, and then eventually die and forget it all.
The hero in the story is an Israeli soldier who decided to risk his life over a few dollars in his pocket. To do what, prove he was macho? He was really stupid in my book. And we're supposed to, according to the author, look up to this man? Train all our lives as a knife fighter, so we, too, can take dumb risks and be lucky enough to not get killed doing so? What if it went the other way, and the soldier friend was hurt or killed? Would the author still be putting him on a pedestal as he does so?
I'm not saying don't try. Just make sure you are enjoying what you are doing, first and foremost. If you're not happy, either motivate yourself in a positive way, or let it go. It really isn't worth it.
I don't understand what you are trying to show with this study. It compares moderate drinkers among themselves according to the type of alcohol consumed. It doesn't compare drinkers vs non drinkers
I did something like this using the open source vnc viewer for android. I had the idea that you could make a 10,000 x 10,000 pixel virtual screen and then use it for programming. You could turn your head and phone would then show a different part of the screen. Also I had it so if you tilted your head left or right it would zoom in or out based on the direction.
It worked well enough, but my phone's resolution was only 1280x800 which is 640x800 per eye. Not enough to really be able to program well.
I just got the quad hd LG G3 though, so I'm going to try it again as soon as I can get a good setup (I'm in hong kong right now so ordering things online is a little tricky). If anyone wants the (hacky) source code, and a brief manual, let me know.
BTW, I just used a hat with cardboard and tape to hold the phone and several pairs of high strength reading glasses worn on top of each other to get the lenses right.
In order to exchange them someone needs to buy them first. So, depending on how much they are used for trade, the amount held transitively for this purpose will vary.
Since there is a fixed number, the more popular they become as a trading platform, the higher the price will go, since if many people, P, need to trade at the same time, and they need an average of $X worth at any given time, and there are B bitcoins available, then $X * P / B is the minimum price a bitcoin can be.
So, if the amount used for trade becomes somewhat stable and/or continues to grow, it means there is some real base dollar value for a bitcoin in order to support this. Given this base value, along with its other features of easily being kept safe and transferred across national borders, it then makes them attractive to store wealth, which increases the value much more. And then, given the group of people willing to store wealth in bitcoin, it makes people even more confident in it as a store of wealth. And so on and so on...
It doesn't have to be so black and white as that. You can take into account other factors such as country of origin of the consumer and identifying information provided as whether to accept a credit card payment or not.
If you drink milk and consume eggs, aren't you still perpetuating the same system? I mean after a cow no longer can produce milk it's not like it will go to a cow hospice.
You presuppose the wild animal can understand a running wheel, something it never encountered before.
The mice, on seeing something novel, did what that normally do and try to climb all over it looking for food. They then got stuck running on it, not realizing they were getting nowhere.
So how did you ever learn to walk, then? Every time you tried to move your leg, the fact that you moved forward, would be anecdotal and the data should be thrown out.
These weird political fights are in the wrong arena. I'm not going to try to argue with you about what it means to fight a new technology and whether a decades old business model is valid or not, because it's just silly. Regardless of how you and I feel whether a company is doing the right thing, it's there and it's surviving, and in this case, thriving, in its niche.
It might feel good to bad mouth giant corporations and swear that you'll never invite them to the next family BBQ because of some negotiation spat they have with each other, but, in reality, all successful big corporations get down in the mud like everyone else. If you don't like what they do, try and get the law changed.
But please stop with this whiny horseshit... it's like crying to your mom over Billy eating your desert from your packed lunch. It's sad and pathetic and no matter how many of you all bleigh the same memes and buzzwords over and over again, it won't have any lasting effect.
Comcast's stock is up over 250% over the last few years and has made me a lot of money... so whatever they've been doing has been working and IMO they should keep at it.
It's a dirty game and no one is completely clean, so we should all come down from our high horse. Fluid and evolving business strategies are not the devil's spawn that people make them out to be.
You have to act more appalled by trivial annoyances, or you slow down the building of the whole hyperbole storm that the people here like to create. Otherwise, they are unable to distract themselves from the boredom and feelings of lack of empowerment in their lives.
> You could suggest that there's better ways of doing that, but our ideas so far haven't panned out.
Can I ask, have you heard about Peercoin, which uses a combination of a proof of work and a proof of stake system rather than just a proof of work system? Do you have an opinion as to why such as system wouldn't be at least as secure as bitcoin?
The "fuel" used is going to be a fart in the wind, since it is setup like a bidding process so the transaction goes to miner willing to accept the least amount of ether per clock cycle to run the contract. Since these contracts are going to contain at most maybe thousands of instructions, the expense is going to be extremely small.
So at launch, unless there is some "killer app" from day one, or they are able to generate more hype then they are right now, there won't be any buyers (anyone who was interested in the protocol would probably have bought at the pre-sale) and some major selling pressure from the miners and the ether distributed to the development team.