[ExI] Fwd: Re: [mta] Re: Bitcion Moore's Law?

[Brent Allsop]

Hi Gordon,

I'm still struggling with this.  All I can see is you saying I am 
wrong.  But if I am wrong, what are you saying is right?  What is your 
best educated guess about when we will first reach a $1000/BTC valuation?

There is an emerging consensus with a growing number of experts 
contributing, including:

Vladimir Marchenko    http://canonizer.com/topic.asp/151/7
Jashua Seims                http://canonizer.com/topic.asp/151/2
<http://canonizer.com/topic.asp/151/7>
They are all already willing to help out with and/or put their name and 
reputation on the line, supporting the Moores Law like "Crypto Coin Law" 
here:

http://canonizer.com/topic.asp/154/2

If you have a different opinion, what is that opinion, and how many 
experts are willing to make the effort and willing to to put their 
reputation on the line to support such?  To me, how many people are 
willing to make an effort to 'canonize' their view, is a good indicator 
of the quality of their views.  Most people that haven't thought through 
things very clearly, aren't really very motivated, or aren't interested 
in other points of view, and they tend to discover they are full of 
mistaken BS, when they do think about it and see other points of view.  
The tendency for the noisy mistaken, non motivated beetling herd to self 
sensor in this way is one of the great things about Canonizer.com.   So 
I'm tempted to think the same for all people with opinions they aren't 
willing to Canonize.  If you are the only one that thinks the way you 
do, why should i care?  If lots of experts I trust, think the same, then 
I should definitely trust you more and spend more time listening to what 
not just you are saying.

Brent Allsop



On 7/18/2013 1:04 AM, Gordon wrote:
> Brent Allsop <brent.allsop at canonizer.com> wrote:
>
> >>So, the real question for you all still is, do you think the Value of 
> Bitcoin, will grow in a way at least as "Moore's Law" like as the 
> growth of integrated circuits have been<<|
>
> No.
>
> Rid yourself of this silly idea that the market for bitcoin is 
> supposed to operate according to something like Moore's Law, which is 
> basically a law of technical progress. The markets for commodities 
> including currencies do not work that way. Bitcoin can and I hope will 
> succeed, but it won't be because of some imaginary Moore's Law of Bitcoin.
>
> You need to study Econ, Brent, imo.
>
> Gordon

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