News flash: it already popped. 70‰ from top. ICOs dried up.
Blockchain market cap is about $300 billion now. Should the next major tech wave be worth half a Facebook? IMO, yes, and more.
Blockchain has already proven 2 major use cases (e-gold and ICOs) and several minor ones (unstoppable casinos, prediction markets). Doubters are in for a bunch of regret.
How many people do you know with savings in physical gold? How big do you think the consumer market is for that?
The major holders of gold bullion are banks and governments – they are not going to pile in to a pyramid scheme style system where by a small number of early adopters become worth the GDP of a small country.
After all, it's not like people breaking into computers and stealing stuff from them is anywhere near as common as people breaking into houses or bank vaults.
I don't have the stats, but I actually would guess that robbery is way more common than hacking personal computers which results in the retrieval of useful information.
I make it a habit not to bet. But if I were a betting man I'd take you up on that. Hacking personal computers is a huge blackmarket industry and it costs society a lot of money. The average person (i.e. not you or me) don't even know they've been hacked and are just joined to some botnet without their knowledge. But a hacked computer is a hacked computer and if the hacker want's the bitcoin wallet they can get it.
They deserve that drop. A lot of them were scams and a lot of them were well intentioned but badly executed. That happens with startups in the same way though: many (most?) funded startups go bust. In ICOs this is just far more public record as you can follow their demise publicly. If startups would do that in the same way, no one would be so surprised or shouting scam as much. A lot of startups I did competitor analysis on or who we talked with for acquisition or merger had nothing to do with blockchain but also got millions on vague promises and never delivered while burning through the millions. Some of them actually being obvious scams (easy to point out which ones if you are in my industry). Why would that be different for blockchain projects? Are there statistics to show fiat vc funded startups failures vs ico failures? Kickstarter etc failures vs ico failures? XXX scams vs ico scams?
> Our big brains didn't pay off for millenia, until they did, and in a big way.
That's not how evolution works. Each step along the way must produce a net benefit or it gets discarded. Just as insect wings served as propulsion for water skimming before actual flight, big brains paid off, then got bigger and paid off some more, etc. The only hiccup is the benefit has to outweigh the cost (eg big brains need more calories).
Side note: I think our wide array of modern mental disorders are costs of our brains' continuing enlargement. I.e. brains are trying to figure out how to get even bigger and more powerful without also having OCD or schizophrenia.
> Each step along the way must produce a net benefit or it gets discarded.
More precisely, each step must not impose a net fitness cost or it gets selected against to a degree positively linked to the degree to which it imposes a net cost. But that's, more importantly, each genetic variation taken in total, not actually each individual phenotypic effect of the genetic variation (e.g., sickle cell trait was preserved not because sickle cell anemia is not a net negative, but because the malaria resistance that comes even when an individual is heterozygous for the trait is a strong benefit that manifests more often than sickle cell disease which occurs when an individual is homozygous for it.)
Each step along the way must produce a net benefit or it gets discarded.
Maybe so, but the benefit could have just been individual fitness signalling (like a peacock's tail) without providing any advantage to the species as a whole until the big "payday".
A peacock's tail can be seen; how do you propose the other sex fell in love with the brainier homo sapiens? It's a lot more likely that intelligence provided a net benefit.
Would be interested in hearing if/when you received attention to it and how ETH prices affected users willingness to spend 1+ETH to play/us. Any future plans to keep it going and add to it?
I think a few dozen tiles were purchased at 1 ETH when it was about a dollar per ETH. People seemed to like it although it was challenging to build things. I can see in the contract data that some people bought tiles, mined blocks, but didn't understand how to place the blocks on the tiles, so the blocks remain hidden.
Anyway yeah I'm thinking of resurrecting it soon. I've kept an entrepreneurial/techie ear open since I built it and I think I finally know what I want to do to bring it back to life.
As far as ownership, I'll probably just buy all the remaining tiles myself (the money goes to me anyway) and then sell at more reasonable prices on the secondary market.
Hi, I'm the hiring manager for the sales engineer (some call it "solutions engineer") position and want to put in a shameless plug. As concisely as I can put it...
Requirements:
- Technical background
- Problem-solving ability (intelligence)
- Energy, proactivity, extroversion
Duties:
- Be on sales calls and in sales meetings, offering technical consultation for our platform and services
- Listen for and suggest new opportunities the non-technical folks involved might miss
- Assess solidifying opportunities for feasibility and difficulty given our existing toolset
This reminded me of a great quote from Hermann Goering:
Göring: Why, of course, the people don't want war. Why would some poor slob on a farm want to risk his life in a war when the best that he can get out of it is to come back to his farm in one piece? Naturally, the common people don't want war; neither in Russia nor in England nor in America, nor for that matter in Germany. That is understood. But, after all, it is the leaders of the country who determine the policy and it is always a simple matter to drag the people along, whether it is a democracy or a fascist dictatorship or a Parliament or a Communist dictatorship.
Gilbert: There is one difference. In a democracy, the people have some say in the matter through their elected representatives, and in the United States only Congress can declare wars.
Göring: Oh, that is all well and good, but, voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same way in any country.
- DESCRIPTION: As far as I can tell, you can drag/drop items to the launcher, and rearrange the buttons on the launcher, but changing the icon (or setting one at all) and getting the launcher to actually launch the thing you want is unnecessarily difficult, requiring .desktop file edits that I can never seem to get to work anyway. I still have to run /home/myname/eclipse/eclipse from a terminal on one of my machines because the launcher is not working/non-intuitive and I don't have the time/desire to stop what I'm doing and figure it out.
Also, expandable/group launchers (many apps under one launcher square/icon spreading into multiple items) would be nice.
I work here (in solutions engineering and professional services) and it's the best job I've ever had. Strong trajectory, great management, smart peers. On top of that, we're solving a real problem: matching skills to jobs which -- just look at this thread -- is such an incredible hodgepodge right now.
Blockchain market cap is about $300 billion now. Should the next major tech wave be worth half a Facebook? IMO, yes, and more.
Blockchain has already proven 2 major use cases (e-gold and ICOs) and several minor ones (unstoppable casinos, prediction markets). Doubters are in for a bunch of regret.