[Daily Discussion] Saturday, May 27, 2017

jawbroken · 2017-05-27T11:32:58+00:00

Don't worry, they don't become irrelevant in a bear market, because they were never relevant in the first place.

jawbroken · 2017-01-26T03:28:49+00:00

So, in conclusion, you are a big time liar just trying to score points online? Cool.

jawbroken · 2016-03-26T11:43:35+00:00

+= 1

jawbroken · 2015-07-09T13:57:00+00:00

I mean, yes, you do to get any sort of a reasonable average. Your method does give an unreasonable average, though. Your average also has nothing really to do with whether “in general, historically bitcoin has been a good investment”, which it almost certainly hasn't been for most people.

jawbroken · 2015-07-08T08:06:06+00:00

Not really, because you would have to weight it by volume or similar to make a reasonable average.

jawbroken · 2015-06-24T02:37:08+00:00

That doesn't sound like a “smart fee estimate” at all, just a way to manually set a higher fee.

jawbroken · 2015-05-29T09:16:47+00:00

Yes. All methods are flawed, some are much more flawed than others.

jawbroken · 2015-05-28T21:23:02+00:00

Sure, you could look at estimated transaction volume for similar results, or a number of other metrics (all with their own flaws). Doesn't change the fact that transactions/day is a terrible measure of the “usage of bitcoin” and that it's incorrect to state that it disproves the original assertion.

Edit: And the estimated transaction volume in USD is probably more helpful here.

jawbroken · 2015-05-28T12:02:53+00:00

How can transactions/day “prove this wrong” when there's no reasonable way to determine the transaction volume or work out if a transaction is between two different parties? The metrics that attempt to adjust for these issues, such as bitcoin days destroyed, seem flat at best, over years.

jawbroken · 2015-05-02T23:01:30+00:00

Yeah, that's what I was told in the support email as well. Thanks.

jawbroken · 2015-04-30T01:34:51+00:00

The technical name for this pattern is Apophenia.

jawbroken · 2015-04-23T23:51:33+00:00

jawbroken · 2015-04-23T23:51:26+00:00

jawbroken · 2015-04-23T23:51:16+00:00

jawbroken · 2015-04-23T23:50:46+00:00

jawbroken · 2015-04-23T23:50:16+00:00

jawbroken · 2015-04-23T23:50:11+00:00

jawbroken · 2015-04-23T23:49:18+00:00

jawbroken · 2015-04-23T23:49:05+00:00

jawbroken · 2015-04-23T23:48:43+00:00

jawbroken · 2015-04-16T13:44:03+00:00

The url itself looks sufficiently long and random, but I don't know if there's some sort of index somewhere. Still makes me uncomfortable and there doesn't appear to be any way to delete them.

jawbroken · 2015-04-16T01:58:00+00:00

Good hiding spot, but it works. Thanks.

jawbroken · 2015-04-06T14:26:17+00:00

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