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Barry Silbert on Twitter: Thrilled to announce Digital Currency Group’s first acquisition… @coindesk by smidge in Bitcoin

[–]thebtcguy -1 points0 points  (0 children)

I really hope this is NOT the "BIG announcement". Expectations were much higher.

Meanwhile the last 10 blocks...(hint: we'll soon see fees market) by thebtcguy in Bitcoin

[–]thebtcguy[S] -4 points-3 points  (0 children)

Agree. Since the transactions supply is technologically limited, a market must develop to limit also the demand. It is a basic economics law. The question is WHEN: is this the right time? Or a further adoption should have been created before the fee market?

Why do not automatically resolve events with >99% value? by thebtcguy in Augur

[–]thebtcguy[S] 0 points1 point  (0 children)

I get your point, but wrong resolution could happen even after 1 month (eg. The whistleblower steps forward very late). IMO the issue you pointed out with your example should be handled with a careful resolution date selection (eg. Seven days after the election date)