johnwyles

I am not claiming you are wrong by asking, I am genuinely curious, how do you know?

Just to echo your point; I saw an article where the author likened Bitcoin to investing in IBM before Microsoft or Apple were ever companies. There will surely come something else which improves upon the currency and its algorithms, security, and ecosystem, but until then we still have a functioning cryptocurrency which is well understood and trusted by a select community.

I actually think what he meant is that Bitcoin is valuable from the network that stands behind it and all the tools, websites, and services that have sprung up around it. In addition to all of that you also have the actual rules of the bitcoin system ("protocol"), which of course is interesting from a technical / mathematical standpoint, but also setup a structure and ecosystem that may (or may not) have long term staying power until the next and more sophisticated cryptocurrency comes along.

You whole argument is based on the premise that these early miners have not already sold Bitcoin and still hold it. Besides, even if they were holding it, the market could not absorb them selling it all at once so those miners would be very wise to sell slowly over time and at the demand.

In my opinion I think most of the early miners have already cashed out and what we are seeing now is the exchange of already "used" bitcoins.

I will not agree with you that he has overplayed his hand. Obama was just meeting with Chinese leadership not but a week ago with pleas for the government to stop their cyber attacks on US targets. This is exposing that hypocrisy. Additionally he could be an asset to the Chinese government because he likely has MUCH more information than is being made public. However, I think because of his strict ideals to do no harm I think he will be unlikely to cooperate with them on divulging anything that would be of substance to the Chinese government. All that said I think he may still have information he wants to make light of and so, simply because he still does not have access to this information, does not mean he does not having something explosive waiting to be revealed. I think he is a liability to the HK and Chinese governments but they are not easy to kowtow to the US demands simply on the grounds that he has violated laws which HK does not recognize themselves. Grab some popcorn, this will develop much more interestingly than I think you think it will.

I hope you're right! I just bought a house in 78704 :)

I'm not sure that a technology company being in a location necessarily indicates demand. Sure there are some technology enthusiasts in Round Rock, but moreover I think everyone will want fast internet all over Austin and the surrounding areas. I think that demand is likely to be fairly equal throughout once word gets around.

I swear Austin has to be the worst inner-city traffic light syncing I have seen of any major US city.

is the lytro really all that impressive that you would list it as one of two things you want to see in mobile? i think i would rather see about a dozen other things in mobile before I really cared about shifting focus for my crappy mobile pics - NFC being chief among them

Wow, all those words and yet nothing really was said. I think all the microbrew and coffee shop amateur poetry nights in Portland have finally settled in.