Notices by midway (midway@soapbox.midwaytrades.com), page 2
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midway (midway@soapbox.midwaytrades.com)'s status on Sunday, 07-Dec-2025 23:35:07 JST
midway
Exactly no one actually did. People bought btc because number go up. To the extent that there is utility in BTC (or any crypto for that matter) that utility isn’t worth much monetarily.
The problem is that these projects have a super low barrier to entry so even if one finds a good utility use case, there’s an infinite number of identical (or nearly identical) projects that can spawn quickly to do the same thing. No matter how high demand gets, supply can match or exceed it.
But BTC isn’t infinite. While true it can be infinitely forked. An infinite number of finite sets is still, from an economic point of view, infinite.
I got into this thread more just to put in my thoughts on trading anything, not to endorse or discourage what one is trading. -
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midway (midway@soapbox.midwaytrades.com)'s status on Sunday, 07-Dec-2025 23:35:04 JST
midway
...and that's the problem. -
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midway (midway@soapbox.midwaytrades.com)'s status on Sunday, 07-Dec-2025 23:35:03 JST
midway
And how well has everyone using the same money worked out so far. It's great in theory, but doesn't really work in the real world.
How many people in the world even know that there are forks of BTC? I'd bet less than 1%. Good luck getting them to standardize on it.
It's your money, throw it where you like. But betting the farm on any crypto, yet alone an alt coin is quite a spec bet.
My point behind it being the problem is that there isn't anything that BCH can do that any other crypto can't do. The barrier to entry on making new cryptos is way to low therefore, it's going to be tough to sell people on the value of any given one. If anyone can make one, it's not that valuable. -
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midway (midway@soapbox.midwaytrades.com)'s status on Sunday, 07-Dec-2025 23:35:01 JST
midway
Europe has tried to unite behind a single currency…it hasn’t gone well. The member states‘ economies are too different…and that’s just Europe. You are claiming you can do the worldwide? Because the US should use the same currency as Cambodia and Zimbabwe? That is pure delusion. Sometimes things haven’t been done for a reason.
Doing what everything all other coins do is not a reason to adopt it. You need more than that. Otherwise there’s no reason to change. -
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midway (midway@soapbox.midwaytrades.com)'s status on Sunday, 07-Dec-2025 23:35:00 JST
midway
What adoption? Crypto hasn’t has wide spread adoption as any kind of currency. The number of transactions are insignificant compared to national currencies.
The world isn’t going to standardize on a single currency of any kind. I’m sorry, it just won’t. Most people need centralized systems because they aren’t responsible enough to really run things on their own and they don’t want to even if they could. Do you honestly think that a system that relies on people properly storing and protecting their keys is sustainable?
Lots of good ideas don’t scale. Remember when they were trying to get everyone to wear masks to stop the spread of COVID? That was doomed. Can masks work? Yes, they work in hospitals. Why? Because you have a very small number of well trained professionals using them. But that system doesn’t scale to the general public. Crypto is similar. Could it work within a small community of enthusiasts who really understand it? Sure. But that system won’t scale.
I absolutely get the idea of a decentralized private financial system. I appreciate the ideas and motivations behind it. But I also live in the real world and know that such a system won’t scale to tens of millions yet alone billions of people.
Another great example is where we are right now…the Fediverse. I love and appreciate the concept. I run my own instances. I get it. It makes sense to me. I also know that mass adoption isn’t going to happen. Most people don‘t care enough to be here. They like the simplicity of the centralized services even though they are literally the product. Such is the way of the world.
Look, you can buy all the BCH you want and I sincerely hope it goes up and you make solid gains from it. But it is absolutely not going to get widespread adoption to come close to being a true alternative to national currencies, yet alone become the single global currency. I think I’ve made a very solid case that has not been refuted with any actual evidence…just “it will someday…”. -
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midway (midway@soapbox.midwaytrades.com)'s status on Sunday, 07-Dec-2025 23:34:58 JST
midway
As you refuse to actually address any of my points, the conversation is done. This is clearly a religion to you and, therefore, facts don’t matter. -
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midway (midway@soapbox.midwaytrades.com)'s status on Thursday, 27-Nov-2025 12:00:38 JST
midway
Don’t focus on hitting bottoms or tops. Just buy some on the way down and sell some on the way up. Give a bit up to the god of greed…you’ll trade better for it. -
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midway (midway@soapbox.midwaytrades.com)'s status on Friday, 21-Nov-2025 01:54:06 JST
midway
This is more of a fix from yesterday's mishap. I closed the extra vertical I made yesterday. The trade is holding up well considering the moves today. -
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midway (midway@soapbox.midwaytrades.com)'s status on Wednesday, 22-Oct-2025 13:34:03 JST
midway
Malaysia is definitely UK style (drive on the left side of the road, driver on the rights side of the car) -
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midway (midway@soapbox.midwaytrades.com)'s status on Sunday, 28-Sep-2025 05:01:59 JST
midway
Currently using CyberPower. Got it on Amazon. Reasonably priced. Works well. I also have my Internet router on one so I don’t have to wait for a reboot on the case of a quick blink. -
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midway (midway@soapbox.midwaytrades.com)'s status on Monday, 01-Sep-2025 02:48:42 JST
midway
Much like college basketball these games are, essentially, charity games for the smaller schools. They actually get on real TV networks and the revenue pays for most, if not all, of their program. That’s why they are willing to go national TV and get blown out. -
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midway (midway@soapbox.midwaytrades.com)'s status on Thursday, 28-Aug-2025 22:31:17 JST
midway
Clickbait. It happens on any platform that pays for clicks.
When they pay for engagement, you’ll get engagement farming where you post things just to annoy people to post comments.
When you pay for behavior, you’ll tend to get more of that behavior. -
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midway (midway@soapbox.midwaytrades.com)'s status on Tuesday, 24-Jun-2025 06:15:03 JST
midway
Yeah, all of these cries of fascism which only seems to mean “you disagree with me on a subject that has nothing to do with the project”.
This is a huge weakness in FOSS, IMO. Too many projects are being run by children who can’t play nice with others and just stick to the project at hand. -
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midway (midway@soapbox.midwaytrades.com)'s status on Saturday, 21-Jun-2025 09:08:40 JST
midway
The fundamental problem here is no one is defining their terms. Until you can agree on what far-lleft actually means, there is no basis for a rational discussion. -
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midway (midway@soapbox.midwaytrades.com)'s status on Wednesday, 18-Jun-2025 07:45:01 JST
midway
Just checked out your profile:
“Do not take seriously!“
I will take your advise. -
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midway (midway@soapbox.midwaytrades.com)'s status on Tuesday, 17-Jun-2025 21:14:20 JST
midway
Ah, yes, another person who can’t understand large numbers.
The combined net worth of all billionaires in the US is around $6T. That would only fund the federal government (not state and locals, just the federal government) for about 18 months. And you could only tax that once. And that’s just current spending, it doesn’t address the $37T debt.
It’s not a matter of revenue. -
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midway (midway@soapbox.midwaytrades.com)'s status on Thursday, 12-Jun-2025 13:07:06 JST
midway
Nope. You don't shoot an unarmed person. The officer's life wasn't in danger from the person he shot. -
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midway (midway@soapbox.midwaytrades.com)'s status on Thursday, 12-Jun-2025 13:07:05 JST
midway
I’ve seen it. I’ve rewatched it. I don’t believe that was a clean kill. You had officers standing right next to the guys breaking the glass…they didn’t shoot anyone. Why is that? Because there was no personal assault on them.
Do I agree with everything that happened there? No. I’m not justifying anyone who was actually violent. Arrest them, charge them, let them stand trial. But shooting someone is a last resort.
That is the standard when the left gets out of hand. But when it’s the right, it’s different because …. reasons. -
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midway (midway@soapbox.midwaytrades.com)'s status on Wednesday, 11-Jun-2025 23:34:16 JST
midway
I get the sentiment but they’d be charged with vehicular assault at a minimum and possibly as much as murder depending on the outcome. As an ICE officer, is that worth it to you? -
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midway (midway@soapbox.midwaytrades.com)'s status on Wednesday, 11-Jun-2025 23:34:15 JST
midway
In general you don’t get to kill someone over that. But in a CA court? No way in hell.