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      "author": "lukebrn",
      "body": "Yes I agree, but we're not talking $100k when it comes to a lot of people, the deeper you get in to this world the more you will see how much some people invest, I agree that it's mainly firms and some VCs etc., but they aren't the only ones who have a defined effect.. in fact the snowball effect could be produced by very small percentage moves.",
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      "author": "ullallulloo",
      "body": "@@ -55,16 +55,36 @@\n ach and \n+they simultaneously \n sold all\n",
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      "author": "ullallulloo",
      "body": "I mean, even if you knew 100 people who had $100,000 each and sold all they had, that combined would still only be 0.2% of the daily volume during a big drop.",
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    {
      "author": "lukebrn",
      "body": "not true. I know a lot of very well off newbies with a _huge_ collective sum invested. There are also a lot of very well off people investing who are still newbies. Analysis is speculation yes.",
      "json_metadata": "{\"tags\":[\"bitcoin\"],\"app\":\"steemit/0.1\"}",
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      "author": "ullallulloo",
      "body": "Wall Street is the whole reason Bitcoin is even anywhere near where it is now though. The market cap and trading volumes are so large that basically only large investment firms and billionaires have been affecting the price for a while now. They're just competing against each other, and any non-rich crypto-holders are just along for the ride.\n\nDiversifying is definitely a great idea though. Just remember that buy BTC and Ethereum and Gridcoin is not diversifying, since all crypto prices are tied together. To really diversify, invest in a stock index fund. Maybe some real estate.",
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      "author": "ullallulloo",
      "body": "Newbie investors don't have the capital to affect Bitcoin's price at all though. The daily trading volume is in the billions of dollars. The price is pretty much entirely determined by large investment firms and billionaires. These people aren't really privy to sharing why they're selling as they want to keep their profits to themselves. Any analysis is just speculation.",
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      "author": "ullallulloo",
      "body": "Are precious metals not physical wealth?\n\nAnyway, Bitcoin is not inherently tied to any physical object either. People can trade Bitcoin for digital services if others are willing. It's just measured in relation to USD because USD is a very stable, globally-accepted form of currency that's easily transferable.\n\nYou could trade it for other physical wealth like gold, but you would have to have gold and transport it to someone, which is difficult and something no one wants to do, or pay for someone else to store it and transport the rights, which is also difficult and difficult to use directly anyway. Not to mention, gold is also a highly-volatile commodity. When the BTC/gold ratio drops, you don't know if Bitcoin is becoming less valuable or if gold is becoming more, because they both fluctuate so badly. With BTC/USD, you know it's Bitcoin that is moving.",
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  "op": [
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    {
      "author": "evanprice",
      "body": "Some like the play style of SNES > Sega Genesis.\nSome people prefer how IE works to say.. firefox or chrome..\n\nBelieving that superiority has a set measurable scale is your ignorance. :)\n\nA graphics card could be \"superior\" to another in SPEC.. but I may like the way the \"less superior\" graphics card renders things.. There's just no set scale of accurate measurability when the majority of any topic is opinion.\n\nWith that said,  I was simply kissing the hypothetical steemit \"ass\" in saying that it's superior.\nThey both have their positive qualities and negatives. :P",
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    {
      "author": "evanprice",
      "body": "Your opinions of what constitutes \"superior\" in these cases is subjective.\nWhat you may see as a \"flaw\" or \"not as good\" may not be the case to another.\n\nPlus, the superior product DOES come out on top, given that the advertising and promotion was equal.\n\nThis was not even close to the case in the examples you've provided.\n\nI appreciate your input though. :)",
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      "author": "ullallulloo",
      "body": "Technologically superior products don't always come out on top.\n* ME 262 vs P-51\n * Betamax vs VHS\n* Sega Genesis vs SNES\n* Sega Saturn vs PlayStation\n* Sega Dreamcast vs PS2\n* GameCube vs PS2\n* Firefox vs Chrome\n* IE vs anything\n* Almost any alt-coin vs Bitcoin\n\nYou could possibly throw Google+ vs Facebook or Linux vs Windows in there, although those are more subjective.\n\nWhile technology is important and usually will surface to the top, that can take a long time and many complete failures first. Content, monetization, and marketing play *huge* factors, especially in something as fickle as websites.",
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      "author": "ullallulloo",
      "body": "https://getsatisfaction.com/imdb/topics/update-to-user-reviews\n\nFor those who don't know, IMDb had the useful ability sort shows' episodes by rating or date on a compact page. These pages ended in \"eprate\" or \"epdate\". As of three days ago, they removed this feature however. Personally, this was the only thing I used IMDb for, so I am pretty disappointed.\n\nHere's an example of what it looked like:  \n[epdate](https://web.archive.org/web/20170604002756/http://www.imdb.com/title/tt4532368/epdate)  \n[eprate](https://web.archive.org/web/20170604002751/www.imdb.com/title/tt4532368/eprate)  \n[old \"episodes\" view that's now the only view left](http://www.imdb.com/title/tt4532368/episodes)\n\nAgain, nothing was even added here. Just a straight-up removal.\n\nI know a lot of you are familiar with [Graph TV](http://graphtv.kevinformatics.com/), which is more useful in general, but as the maker has to work, he hasn't had time to update it recently, so shows like Legends of Tomorrow that were made in the last few years won't be on there. In addition, it looks like the site also relied on something that was removed because about half the shows on there no longer work, I'm guessing because they tried and failed to update.\n\nI realize it's their site to neuter if they want to, but it's really stupid and disappointing.",
      "json_metadata": "{\"tags\":[\"television\",\"tv\",\"movies\",\"technology\",\"tech\"],\"links\":[\"https://getsatisfaction.com/imdb/topics/update-to-user-reviews\",\"https://web.archive.org/web/20170604002756/http://www.imdb.com/title/tt4532368/epdate\",\"https://web.archive.org/web/20170604002751/www.imdb.com/title/tt4532368/eprate\",\"http://www.imdb.com/title/tt4532368/episodes\",\"http://graphtv.kevinformatics.com/\"],\"app\":\"steemit/0.1\",\"format\":\"markdown\"}",
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