Yes. We hear this each time. All that i can respond to this is: log chart, log chart, log chart [1]! By looking at a simple log chart one can notice a repetitive cycle. One may even notice that now is actually the best time to buy. Following the pattern, the next boom is only 2-6 weeks away. Who knows what could cause the next boom? Russia pump, Ukraine banking shutdown, E.C.B. Quantitative Easing, USD weakening ? ...
> They could've easily, easily taken on the Google/Facebook conglomerate.
Even better that any of these NSA-friendly conglomerates is the ChatSecure App:
"-UNBEATABLE PRIVACY: We keep your messages 100% private using state of the art Off-The-Record (OTR) encryption. Your conversations cannot be logged or intercepted by anyone.
I think one of the most overlooked aspects of Maidsafe's 'decentralized internet project' is:
"(...)application developers are called Builders and the network will reward use of these applications by paying the Builders in safecoin based on the application use by users of the system. This is possible since the application developer can insert their own network immutable wallet address in their application." [1]
This has huge implications for the future of application development and automatic 'crowdfunding'.
From an outsider's perspective the 'IPO' did indeed look like a planned pump on Mastercoin: People were buying up Mastercoin to take advantage of the btc-msc arbitrage. This drove the Mastercoin price up by ~100%. Meanwhile certain people could potentially have offloaded tonnes of msc purposely bought the week before (for half the price). This may not have been intentional. But either way some people lost big money when Maidsafe stopped accepting msc for their 'IPO' - thus causing the msc price to collapse.
"the people involved" -> pro government city council members and police administrators. Those are the people with the purse strings, and money is what ultimately makes something like this happen.
They will be looking at this as an opportunity to 'positively involve citizens' in security efforts, without paying any mind to the likelihood that they will get ~100% noise and ~0% actionable information.
"(...) the cryptographic-decentralization Zeitgeist makes it an exciting time to have and use names"
Yes. Very true. For anyone interested in the above statment i'd highly recommend checking out http://twister.net.co/ - a decentralized micro-blogging spin-off of bitcoin. Unbelievable innovation is happening!
Well you sure don't read the news. This is not about some old missle crisis from last century. This is about greed and expanding global putocratic control. Very similar to what's going on in Ukraine, Syria, and Libya.
One could argue that the Crimea invasion, Assad's decision to use his army to carpet bomb his citizens and Gaddafi's decision to use artillery against civilian neighbourhoods was born out of "plutocratic" reasoning.
Or would you say "plutocratic" does not apply to the use military force for personal profit? Because the US certainly didn't profit from your examples, even if this doesn't prove the absence of an intention to profit.
I agree with your first answer. But not the second. Altcoins are an amazing testing ground that help cryptocurrency adoption, innovation, and expansion. This is especially true when "strange attractors" are added into "the mix".
I mean: how many people recently came to crypto through the 'ridiculous' Dogecoin idea? What of the recent national cryptocoin (Auracoin, Spaicoin...) wave? And what about Vertcoin, Namecoin, Devcoin? These were once all thought experiments with "strange attractors". They now exist, and are bringing a LOT of interest and experience to cryptocurrency.
[1] https://blockchain.info/charts/market-cap?timespan=2year&sho...