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Are the comedy mines depleted? Have we reached peak Buttcoin? :( (self.Buttcoin)

AngryDM が 投稿

I knew the ride would eventually come to a stop, but after the climactic arrests that happened late last year, seems there hasn't been as much comedy gold coming out of the old mine this year.

Will there be a successor to bittycoins? Etherium was a short, squeaky fart.

Will the banks give us stipends or just pink slip us with an apology, telling us to seek comedy gold elsewhere with a positive reference?

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[–]jstolfi 3ポイント4ポイント  (16子コメント)

I sense tensions building up. Everybody seems to be holding their breath waiting for The Halvenating. Plus SegWit will be deployed in a few months, the "fee market" should be coming up too...

[–]AngryDM[S] 1ポイント2ポイント  (14子コメント)

Will the euphoric advent of the Internet of Everything also carry the lost tribes of Satoshi to the promised land?

I've seen silly stuff from those "21" people about attaching electricity-stealing heat-emitting parasites to household appliances, and that sounds an awful lot like what Cisco is peddling (more successfully) right now.

[–]jstolfi 1ポイント2ポイント  (3子コメント)

what Cisco is peddling (more successfully) right now

Interesting. Do you have a link?

[–]AngryDM[S] 1ポイント2ポイント  (2子コメント)

This isn't comedy gold. It's more like comedy plutonium: heavy and likely to make you sick.

http://www.cisco.com/web/about/ac79/innov/IoE.html

http://time.com/539/the-next-big-thing-for-tech-the-internet-of-everything/

http://ioeassessment.cisco.com/

[–]jstolfi 2ポイント3ポイント  (1子コメント)

Yeah, I look forward to the time when my toaster will try to blackmail me with the threat of posting on its Facebook page that picture of me picking my nose, that he got from my toothbrush.

But I see no mention of bitcoin in those Cisco pages. So at least my toaster will accept payment in PayPal or Amazon gift cards, and I will not have to touch filty cryptos.

[–]AngryDM[S] 3ポイント4ポイント  (0子コメント)

Any link I see praising the "internet of everything" does it from the perspective of courting investors. It doesn't seem to have much particular benefit for ordinary people, and seems more like a tacked-on nuisance for already overloaded people.

The "it's inevitable, you can't stop it!" delivery of some of it is downright creepy, too. "Your toaster will optimize your breakfast performance and will send you personalized ads for bread, or you're a Luddite stuck in the past!"

[–]theskepticalheretic 1ポイント2ポイント  (0子コメント)

Will the euphoric advent of the Internet of Everything also carry the lost tribes of Satoshi to the promised land?

No. So say we all.

[–]JeanneDOrc 0ポイント1ポイント  (8子コメント)

Strange, I haven't heard of any of that and I'm usually pretty informed of new gadgets. I'll second the request for info...

[–]AngryDM[S] 2ポイント3ポイント  (7子コメント)

Just sent some links to the other responder.

It's the 21ish scheme, but with more vague but more open-ended promises, with a lot of money behind it. Enjoy the additional layer of metrics collecting and wasted electricity.

[–]JeanneDOrc 0ポイント1ポイント  (6子コメント)

ButWithBitcoin or some other scheme?

[–]AngryDM[S] 3ポイント4ポイント  (5子コメント)

But with data collecting hardware bolted onto everything Cisco can reach.

It's like 21's scheme, but far more profitable: instead of mining neckbeard pesos, it's mining YOU.

Don't ask why you need your toaster to optimize your breakfast experience with personalized bread advertisements, and don't even ask IF you need that, because according to the Cisco people, too bad, you will do it.

[–]JeanneDOrc 2ポイント3ポイント  (4子コメント)

I went out of my way to buy a washer recently which has 5-6 moving parts, I have no clue why people want these bells and whistles that'll just end in failure and frustration. All mechanical if I can help it.

[–]AngryDM[S] 3ポイント4ポイント  (2子コメント)

I don't think Cisco or other related tech-tyrants are even TRYING to sell this to ordinary people as a good thing. It's being pushed as an inevitability.

I know consumers are pretty depressingly notorious for accepting coercion and manipulation, but I really can't see the psychological model of acceptance based around appliances and home products pestering you and obnoxiously trying to sell you other products.

It may be done covertly instead, for data collection and metrics purposes, but even then, it's a stupidly pretentious waste of electricity with no public good.

[–]JeanneDOrc 2ポイント3ポイント  (1子コメント)

But at what price point? Are these going to be WalMart cuecats? Posing as "High end"? They might be able to sandwich them into the "1000 wash modes" ridiculously unnecessary appliances.

[–]AngryDM[S] 3ポイント4ポイント  (0子コメント)

It could be even "free", like that recent offering to India to provide "free" internet access to the populace but with tons of data collection and intrusive and aggressive advertising attached.

India rejected it, and Silicon Valley was shocked. And some stupid neo-colonial shit was said on Twitter about it, then was retracted.

[–]jstolfi 0ポイント1ポイント  (0子コメント)

We had a dumb fridge (Frigidaire) when I was a kid; it must have lasted 25 years with only one gas top-up. When I came back from the US I brought the dumb fridge that we had there (GE) and it lasted another 20 years without maintenance. Then we bought a fancy computerized one; the computer board fried after a couple of years, we lost all the contents, ad it cost us 100 USD to fix...

[–]kenfagerdotcom 0ポイント1ポイント  (0子コメント)

This happens in mining. Sometimes you hit a rich vein of comedy gold. Sometimes you subsist on dust. I'm sure there's more to come. The Captains of Industry cannot fail.

[–]handsomechandler 1ポイント2ポイント  (2子コメント)

There'll be big drama if Classic reaches the 75% threshold of blocks.

[–]AngryDM[S] 1ポイント2ポイント  (0子コメント)

Oh yeah, "Classic" is the one that's a new version?

Clever bastards.

[–]jstolfi 0ポイント1ポイント  (0子コメント)

I don't think it will. Blockstream has 76 M USD of capital (minus the 30 M $ that they must have burned already), while Classic has only reason and good intentions. No contest.

Even Gavin is keeping only half a foot into Classic, while being extra-soft on his criticisms of Blockstream. (One never knows where one's salary will come from next month.)

[–]theskepticalheretic 1ポイント2ポイント  (3子コメント)

My models have found peak comedy gold will occur shortly after the halvening. There is a possible confounder in that exchanges may ramp up internal trading creating positive price pressure in the run up to the halvening while people are trying to buy in for Moon. The frequency and extent of this trading is not currently included in the model.

[–]AngryDM[S] 0ポイント1ポイント  (1子コメント)

Is it time to start re-investing in Buttcoin then? I'm ready to eat ramen noodles raw for a while.

[–]theskepticalheretic 1ポイント2ポイント  (0子コメント)

No need to eat them raw. Just use excess water from the cooling loop on your BFL Doorstop mining rig.

[–]jstolfi 0ポイント1ポイント  (0子コメント)

Seriously, I expect that there will be a temporary price spike like the Grexit one, or the Nov/02 one, fueled totally by euphoria. Keep your "SFYL" stamps well-inked, and be prepared to check in and take your positions at a moment's notice, at any time of day or night.

[–]VodkaBarf 0ポイント1ポイント  (1子コメント)

The halving is gonna be great! I can't think of any scenario that doesn't end in us finding several thick veins of laughter.

[–]AngryDM[S] 0ポイント1ポイント  (0子コメント)

What a cool image that is.