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22-01-2018, 08:20 PM
Farangrakthai

Quote:

Originally Posted by baldrick

The blockchain is the revolution.

yep...
22-01-2018, 08:25 PM
Dragonfly

Quote:

Originally Posted by baldrick

The blockchain is the revolution.

not it isnt, only a gullible plumber or indian call center boy would think it is

will you call XML a revolution ? of course not, yet some silly idiots back in early 2000 would swear by it, and yes XML is everywhere today replacing a lot of legacy technologies

still things are not improving or running more smoothly, quite au contraire

try to get a real IT job in a big firm, and you might get it
22-01-2018, 08:33 PM
Farangrakthai

Quote:

Originally Posted by Dragonfly

not it isnt, only a gullible plumber or indian call center boy would think it is

will you call XML a revolution ? of course not, yet some silly idiots back in early 2000 would swear by it, and yes XML is everywhere today replacing a lot of legacy technologies

still things are not improving or running more smoothly, quite au contraire

try to get a real IT job in a big firm, and you might get it

i (and others) have posted blockchain technology info on this thread.

go on then, dragonfly: please explain in positive terms what block chain technology is and then say why it won't be important.

:wiggle:
22-01-2018, 08:34 PM
baldrick

Butterfluffer you continually post about your expertise, but never have you posted anything prescient.

Your posts about blockchains have never passed basic logic muster

So thus you are dismissed as a drivelling fool
22-01-2018, 08:40 PM
Dragonfly

oh FFS, blockchain definition is all over the place, you loons can google it if you don't understand any of it :rofl:
22-01-2018, 08:42 PM
Dragonfly

Quote:

Originally Posted by Farangrakthai

i (and others) have posted blockchain technology info on this thread.

go on then, dragonfly: please explain in positive terms what block chain technology is and then say why it won't be important.

:wiggle:

it's not really a technology, and FFS the real deal is how you can apply that "technology" into the real world to make things more efficient

guess what, it doesn't make things more efficient
22-01-2018, 08:44 PM
lob

a good read for those interested enough, and think its all honesty in the finance world. the story herein may or maynot be true but the fact is it was and is possible.

Nathan Rothschild and theBattle of Waterloo...

Good news – to be relied upon – Lord Wellington was joined on the 18th by 20,000Prussians under Bülow and beat Bonaparte completely, taking nearly the whole of hisartillery. Omnium is now up at 6. This I have from good authority – one who has seena letter from Ghent, received by Rosschild, the great stockbroker whose information isinvariably the best. He is now at the Foreign Office.10
22-01-2018, 08:46 PM
Farangrakthai

Quote:

Originally Posted by Dragonfly

it's not really a technology, and FFS the real deal is how you can apply that "technology" into the real world to make things more efficient

guess what, it doesn't make things more efficient

go on then: tell me what blockchain tech is.
22-01-2018, 08:48 PM
Ukan Kizmiaz

everything taking a dump agian
22-01-2018, 08:48 PM
buriramboy

If you believe in the blockchain technology have a look at LION think it's listed on the AIM stock exchange in UK current share price only about 3.5p but it's getting ramped to fuck whether justifiably or not make your own minds up.

https://www.lionsgold.com/
22-01-2018, 08:49 PM
baldrick

And explain why PoW is....
22-01-2018, 10:00 PM
Luigi

Bit strange.

On my Exodus wallet.

Portfolio amount was down loads. One color was missing from the chart.

The BCH balance has changed to 0 baht. But in the BCH wallet it still lists my amount of BCH.

Either a glitch, or BCH has dropped from 60,000thb, and is now worth 0 baht. :)
22-01-2018, 10:08 PM
Farangrakthai

Quote:

Originally Posted by Luigi

Bit strange.

On my Exodus wallet.

Portfolio amount was down loads. One color was missing from the chart.

The BCH balance has changed to 0 baht. But in the BCH wallet it still lists my amount of BCH.

Either a glitch, or BCH has dropped from 60,000thb, and is now worth 0 baht.

no problems here into my wallets from binance.
22-01-2018, 10:12 PM
Luigi

It's back again.

Prolly just someone doing a Windows XP hack. :)
22-01-2018, 10:14 PM
Farangrakthai

:grin:
22-01-2018, 10:36 PM
Dragonfly

Quote:

Originally Posted by Farangrakthai

go on then: tell me what blockchain tech is.

you obviously don't know :rofl:

I am not your google assistant :)
22-01-2018, 10:41 PM
Farangrakthai

Quote:

Originally Posted by Dragonfly

you obviously don't know

I am not your google assistant

i've posted the info on this thread (maybe you've forgotten).

i'm asking for you to sum it up in a few sentences, as you are acting like you understand it and are dismissing it.
22-01-2018, 11:00 PM
Dragonfly

Quote:

Originally Posted by Farangrakthai

i've posted the info on this thread (maybe you've forgotten).

i'm asking for you to sum it up in a few sentences, as you are acting like you understand it and are dismissing it.

why would I want to engage with you in a discussion of a technology you have not understanding of, and clearly demonstrated your grasp of technology is limited

like talking nuclear physics with a monkey :)

and you are the monkey :)
22-01-2018, 11:05 PM
Farangrakthai

Quote:

Originally Posted by Dragonfly

why would I want to engage with you in a discussion of a technology you have not understanding of, and clearly demonstrated your grasp of technology is limited

like talking nuclear physics with a monkey :)

and you are the monkey :)

ok, i use to think that you were a guy who thought outside of the box and

understood things.

now i know you are like antrobertson and don't understand things.

so be it.

:wiggle:
22-01-2018, 11:06 PM
Dragonfly

for now, blockchain is an interesting concept on paper, but again it's all about real purpose and being more efficient

something banking is incapable of, no matter the technology

and it's a complete waste of resources, great for hype and marketing gurus with nothing on their hand

we do need some system to simply transaction and confirmation of transactions for all kind of sensitive businesses operations, MoM/MQ were supposed to answer some of that, but guess what, everything got more complex instead. Now blockchains ? sorry it won't, too much technology out there can achieve the same purpose as blockchain without blockchain

for the average IT retards who can't make a difference between an ASCII and a binary file, they will get distracted with the pointless features of blockchain, thinking that will change the world, while in fact it will be a complete waste of resources

technology, the new opium of the people :)
22-01-2018, 11:09 PM
Dragonfly

Quote:

Originally Posted by Farangrakthai

ok, i use to think that you were a guy who thought outside of the box and

understood things.

now i know you are like antrobertson and don't understand things.

so be it.

:wiggle:

I am simply saving my energy from pointless discussion with someone with limited mental capacity :)

think of it as a business decision, time saving etc...

if you have an important topic and you think you are up to it, I am all hear :)

for now you are acting like a clueless monkey who think he can discuss important things with his 80 IQ, just because we let the door of his cage open :)
22-01-2018, 11:09 PM
jabir

Quote:

Originally Posted by raycarey

generally speaking this is true, IMO.

including with buffet and traditional investments.

however, i don't believe it applies to buffet and these crypto-currencies. he's plainly stated that he doesn't understand them enough to buy or short them and that he believes it will end badly. if it were revealed (and it eventually would be) that he had taken a position, it would be considered a pretty big scandal and his reputation would be toast.

as maanaam pointed out, there's no reason for buffet to get involved.....and plenty of reasons not to.

He doesn't meed to understand them, he has people that do and probably at the most intimate levels; if he doesn't he can buy or rent them. I'm sure Dimon and other big cheeses aren't trading, as sure as their proxies are, something along the lines of serious money to be made, here y'are, hundred mills with more in reserve, hardware, software, trading expertise, no rules or regs, put together a team and go for it, oh and I don't know you!
22-01-2018, 11:10 PM
Farangrakthai

Quote:

Originally Posted by Dragonfly

and it's a complete waste of resources,

think you're talking about btc.

you do know that altcoins (blockchain) are being tested by big banks/governments, right?
22-01-2018, 11:16 PM
Dragonfly

Quote:

Originally Posted by Farangrakthai

think you're talking about btc.

you do know that altcoins (blockchain) are being tested by big banks/governments, right?

they are indeed, but again it's all a distraction, they have no choice but to do it, or else their investors will make claim they are lazy and doing fuck all for changes, a big topic these days in banking board rooms

there have been big operations tests with blockchains done since 2014, and guess what, everytime it didn't follow through once they realized the costs was enormous

to make it worthwhile, you need to have a very good reason to implement in terms of operations efficiency, or output efficiency

for now, it's all wank and communication campaigns
22-01-2018, 11:18 PM
Dragonfly

same as big data and AI, despite real progress being done in research and products, the applications are mostly wanks or for communication purposes, at least in Banking

doesn't mean they won't be any eventually, because AI is really opening a new world of things to do, that stupid blockchains or bitcoins will never accomplish beyond the wanking stage

in short you guys are wankers with your blockchains toys :)

you want real technology, go AI, but again the underlying logic will be way beyond your mental capacity :)