Ecoer Logo

@yodhin

33

Founder of satoris.io

steemit.com/@yodhin
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS35.58%
Net Worth
2.415USD
STEEM
0.314STEEM
SBD
0.000SBD
Own SP
44.696SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.314STEEM
STEEM POWER
Own SP
44.696SP
Delegated Out
0.000SP
Delegation In
0.000SP
Effective Power
44.696SP
Reward SP (pending)
0.314SP
SBD
sbd_balance
0.000SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
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  "vesting_shares": "72784.074783 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
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  "savings_sbd_balance": "0.000 SBD",
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  "conversions": []
}

Account Info

nameyodhin
id141020
rank50,758
reputation8480503886
created2017-03-24T22:24:09
recovery_accountsteem
proxyNone
post_count1
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2018-08-16T13:44:42
last_root_post2018-08-16T13:44:42
last_vote_time2018-08-20T11:47:21
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power9,800
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance0.000 SBD
savings_sbd_balance0.000 SBD
vesting_shares72784.074783 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares0.000000 VESTS
reward_vesting_balance635.631818 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update1970-01-01T00:00:00
last_account_update2018-08-16T16:43:03
minedNo
sbd_seconds0
sbd_last_interest_payment1970-01-01T00:00:00
savings_sbd_last_interest_payment1970-01-01T00:00:00
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  "memo_key": "STM7Dae9tu56gchwpXJ9PhyP4vGGXDYMzd8PDigrPP1gKxefXNsqF",
  "json_metadata": "{\"profile\":{\"name\":\"kyodhin\",\"profile_image\":\"https://cdn.steemitimages.com/DQmeHa7jDmFZKqaE2NfA2uXLpjuwykiLmkS9GdnrDhf6wsE/VK.jpg\",\"cover_image\":\"https://cdn.steemitimages.com/DQmR5gReMPt2EDQHNjmjLikthjZhrK3UKxiZvd7k7app7A1/DSC00172.jpg\",\"about\":\"Founder of satoris.io\",\"location\":\"Stuttgart\",\"website\":\"https://www.satoris.io\"}}",
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  "proxy": "",
  "last_owner_update": "1970-01-01T00:00:00",
  "last_account_update": "2018-08-16T16:43:03",
  "created": "2017-03-24T22:24:09",
  "mined": false,
  "recovery_account": "steem",
  "last_account_recovery": "1970-01-01T00:00:00",
  "reset_account": "null",
  "comment_count": 0,
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  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
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  "savings_withdraw_requests": 0,
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.314 STEEM",
  "reward_vesting_balance": "635.631818 VESTS",
  "reward_vesting_steem": "0.314 STEEM",
  "vesting_shares": "72784.074783 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
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  "last_post": "2018-08-16T13:44:42",
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  "vesting_balance": "0.000 STEEM",
  "reputation": "8480503886",
  "transfer_history": [],
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  "witness_votes": [],
  "tags_usage": [],
  "guest_bloggers": [],
  "rank": 50758
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
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From Date
To Date
2019/03/24 22:49:45
parent authoryodhin
parent permlinkinnovation-prediction-and-probability-in-the-crypto-space
authorsteemitboard
permlinksteemitboard-notify-yodhin-20190324t224944000z
title
bodyCongratulations @yodhin! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@yodhin/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@yodhin) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=yodhin)_</sub> **Do not miss the last post from @steemitboard:** <table><tr><td><a href="https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun"><img src="https://steemitimages.com/64x128/http://u.cubeupload.com/arcange/BG6u6k.png"></a></td><td><a href="https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun">3 years on Steem - The distribution of commemorative badges has begun!</a></td></tr><tr><td><a href="https://steemit.com/steem/@steemitboard/happy-birthday-the-steem-blockchain-is-running-for-3-years"><img src="https://steemitimages.com/64x128/http://u.cubeupload.com/arcange/BG6u6k.png"></a></td><td><a href="https://steemit.com/steem/@steemitboard/happy-birthday-the-steem-blockchain-is-running-for-3-years">Happy Birthday! The Steem blockchain is running for 3 years.</a></td></tr></table> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
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Transaction InfoBlock #31446178/Trx 45612c634057b2d7d472abcc72e8cf896b4824ec
View Raw JSON Data
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      "parent_author": "yodhin",
      "parent_permlink": "innovation-prediction-and-probability-in-the-crypto-space",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-yodhin-20190324t224944000z",
      "title": "",
      "body": "Congratulations @yodhin! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@yodhin/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@yodhin) and compare to others on the [Steem Ranking](http://steemitboard.com/ranking/index.php?name=yodhin)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun\"><img src=\"https://steemitimages.com/64x128/http://u.cubeupload.com/arcange/BG6u6k.png\"></a></td><td><a href=\"https://steemit.com/steem/@steemitboard/3-years-on-steem-happy-birthday-the-distribution-of-commemorative-badges-has-begun\">3 years on Steem - The distribution of commemorative badges has begun!</a></td></tr><tr><td><a href=\"https://steemit.com/steem/@steemitboard/happy-birthday-the-steem-blockchain-is-running-for-3-years\"><img src=\"https://steemitimages.com/64x128/http://u.cubeupload.com/arcange/BG6u6k.png\"></a></td><td><a href=\"https://steemit.com/steem/@steemitboard/happy-birthday-the-steem-blockchain-is-running-for-3-years\">Happy Birthday! The Steem blockchain is running for 3 years.</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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2018/09/04 20:13:03
voteryodhin
authoreosio
permlinkeos-io-technical-white-paper
weight10000 (100.00%)
Transaction InfoBlock #25674084/Trx 5a183337c42fdcb118d727fb30473d48f69acad1
View Raw JSON Data
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  "op": [
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    {
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      "author": "eosio",
      "permlink": "eos-io-technical-white-paper",
      "weight": 10000
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  ]
}
2018/08/24 05:52:09
parent authoryodhin
parent permlinkinnovation-prediction-and-probability-in-the-crypto-space
authorsteemitboard
permlinksteemitboard-notify-yodhin-20180824t055211000z
title
bodyCongratulations @yodhin! You have completed the following achievement on Steemit and have been rewarded with new badge(s) : [![](https://steemitimages.com/70x70/http://steemitboard.com/notifications/firstpayout.png)](http://steemitboard.com/@yodhin) You got your First payout <sub>_Click on the badge to view your Board of Honor._</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> **Do not miss the last post from @steemitboard:** [SteemitBoard and the Veterans on Steemit - The First Community Badge.](https://steemit.com/veterans/@steemitboard/steemitboard-and-the-veterans-on-steemit-the-first-community-badge) > Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!
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Transaction InfoBlock #25340263/Trx 0cd51df0864f983f4504d46195eec401990ace88
View Raw JSON Data
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  "op": [
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      "parent_author": "yodhin",
      "parent_permlink": "innovation-prediction-and-probability-in-the-crypto-space",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-yodhin-20180824t055211000z",
      "title": "",
      "body": "Congratulations @yodhin! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/notifications/firstpayout.png)](http://steemitboard.com/@yodhin) You got your First payout\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard and the Veterans on Steemit - The First Community Badge.](https://steemit.com/veterans/@steemitboard/steemitboard-and-the-veterans-on-steemit-the-first-community-badge)\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}"
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yodhinreceived 0.314 STEEM, 0.390 SP author reward for @yodhin / innovation-prediction-and-probability-in-the-crypto-space
2018/08/23 13:44:42
authoryodhin
permlinkinnovation-prediction-and-probability-in-the-crypto-space
sbd payout0.000 SBD
steem payout0.314 STEEM
vesting payout635.631818 VESTS
Transaction InfoBlock #25320929/Virtual Operation #24
View Raw JSON Data
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  "timestamp": "2018-08-23T13:44:42",
  "op": [
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    {
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      "permlink": "innovation-prediction-and-probability-in-the-crypto-space",
      "sbd_payout": "0.000 SBD",
      "steem_payout": "0.314 STEEM",
      "vesting_payout": "635.631818 VESTS"
    }
  ]
}
2018/08/21 18:24:51
parent author
parent permlinkbitcoin
authoryodhin
permlinkinnovation-prediction-and-probability-in-the-crypto-space
titleInnovation, prediction and probability in the crypto space
body@@ -1032,25 +1032,24 @@ in all kind -s of ways. Th @@ -1565,17 +1565,16 @@ twitter -, CNBC an @@ -1665,20 +1665,16 @@ ing out -and saying B @@ -1697,25 +1697,16 @@ that -'s about the time + is when bot @@ -1732,17 +1732,18 @@ d and it -' + i s time t @@ -1770,14 +1770,23 @@ ne: -forget +don't listen to mai @@ -1819,44 +1819,50 @@ ypto - sense, they have absolutely +. Main stream media is either no +t i -dea +nformed or @@ -1892,15 +1892,10 @@ le, -they're +is del @@ -1973,17 +1973,16 @@ to space -, is by f @@ -2014,19 +2014,19 @@ twitter) -, t +. T hat mean @@ -2026,17 +2026,28 @@ at means -, + one need to follow @@ -2062,20 +2062,17 @@ t people - and +, read th @@ -2105,18 +2105,19 @@ f you do -n' + no t know w @@ -2616,24 +2616,27 @@ me time, you +'ll get the han @@ -2676,17 +2676,16 @@ ut to me -, that he @@ -2723,17 +2723,16 @@ out tech -. cycles @@ -2783,16 +2783,18 @@ hain as +a new tech @@ -2803,23 +2803,40 @@ logy - has a cycle of +. New technology typically needs abo @@ -2878,35 +2878,18 @@ to see +i t -his new technology impleme @@ -3032,17 +3032,14 @@ y & -they were +it was alr @@ -3104,19 +3104,16 @@ ncrease -up to a cer @@ -3122,17 +3122,16 @@ in point -, where i @@ -3436,19 +3436,19 @@ er curve -, i +. I t's not @@ -3787,17 +3787,16 @@ Network -, which i @@ -4006,16 +4006,19 @@ before %E2%80%93 + in only 4 @@ -4160,19 +4160,19 @@ because -it' +thi s new so @@ -4178,19 +4178,19 @@ oftware -and +was not rea @@ -4510,22 +4510,36 @@ . %0AEven -people +experts in the field like An @@ -4561,23 +4561,22 @@ s can't -believe +fathom the pac @@ -4577,19 +4577,50 @@ he pace -and +of this new technology. Therefore, no one @@ -4643,17 +4643,16 @@ any kind -s of pred @@ -4875,16 +4875,20 @@ ill -go +be ing -on +played . Ma
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Transaction InfoBlock #25268950/Trx b5ea8c6b41eb9aa13dd6a34b68c988f8db741968
View Raw JSON Data
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  "timestamp": "2018-08-21T18:24:51",
  "op": [
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      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "yodhin",
      "permlink": "innovation-prediction-and-probability-in-the-crypto-space",
      "title": "Innovation, prediction and probability in the crypto space",
      "body": "@@ -1032,25 +1032,24 @@\n  in all kind\n-s\n  of ways. Th\n@@ -1565,17 +1565,16 @@\n  twitter\n-,\n  CNBC an\n@@ -1665,20 +1665,16 @@\n ing out \n-and \n saying B\n@@ -1697,25 +1697,16 @@\n that\n-'s about the time\n+ is when\n  bot\n@@ -1732,17 +1732,18 @@\n d and it\n-'\n+ i\n s time t\n@@ -1770,14 +1770,23 @@\n ne: \n-forget\n+don't listen to\n  mai\n@@ -1819,44 +1819,50 @@\n ypto\n- sense, they have absolutely\n+. Main stream media is either\n  no\n+t\n  i\n-dea\n+nformed\n  or \n@@ -1892,15 +1892,10 @@\n le, \n-they're\n+is\n  del\n@@ -1973,17 +1973,16 @@\n to space\n-,\n  is by f\n@@ -2014,19 +2014,19 @@\n twitter)\n-, t\n+. T\n hat mean\n@@ -2026,17 +2026,28 @@\n at means\n-,\n+ one need to\n  follow \n@@ -2062,20 +2062,17 @@\n t people\n- and\n+,\n  read th\n@@ -2105,18 +2105,19 @@\n f you do\n-n'\n+ no\n t know w\n@@ -2616,24 +2616,27 @@\n me time, you\n+'ll\n  get the han\n@@ -2676,17 +2676,16 @@\n ut to me\n-,\n  that he\n@@ -2723,17 +2723,16 @@\n out tech\n-.\n  cycles \n@@ -2783,16 +2783,18 @@\n hain as \n+a \n new tech\n@@ -2803,23 +2803,40 @@\n logy\n- has a cycle of\n+. New technology typically needs\n  abo\n@@ -2878,35 +2878,18 @@\n  to see \n+i\n t\n-his new technology\n  impleme\n@@ -3032,17 +3032,14 @@\n y & \n-they were\n+it was\n  alr\n@@ -3104,19 +3104,16 @@\n ncrease \n-up \n to a cer\n@@ -3122,17 +3122,16 @@\n in point\n-,\n  where i\n@@ -3436,19 +3436,19 @@\n er curve\n-, i\n+. I\n t's not \n@@ -3787,17 +3787,16 @@\n  Network\n-,\n  which i\n@@ -4006,16 +4006,19 @@\n before %E2%80%93\n+ in\n  only 4 \n@@ -4160,19 +4160,19 @@\n because \n-it'\n+thi\n s new so\n@@ -4178,19 +4178,19 @@\n oftware \n-and\n+was\n  not rea\n@@ -4510,22 +4510,36 @@\n . %0AEven \n-people\n+experts in the field\n  like An\n@@ -4561,23 +4561,22 @@\n s can't \n-believe\n+fathom\n  the pac\n@@ -4577,19 +4577,50 @@\n he pace \n-and\n+of this new technology. Therefore,\n  no one \n@@ -4643,17 +4643,16 @@\n any kind\n-s\n  of pred\n@@ -4875,16 +4875,20 @@\n ill \n-go\n+be\n ing \n-on\n+played\n . Ma\n",
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2018/08/20 11:47:21
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2018/08/17 10:42:54
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parent permlinkinnovation-prediction-and-probability-in-the-crypto-space
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2018/08/17 10:21:06
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2018/08/17 05:56:27
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2018/08/17 05:56:24
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parent permlinkinnovation-prediction-and-probability-in-the-crypto-space
authorsteemitboard
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2018/08/16 22:41:45
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2018/08/16 22:14:54
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2018/08/16 20:07:51
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2018/08/16 18:11:36
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2018/08/16 17:09:21
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2018/08/16 16:50:51
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2018/08/16 16:45:57
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2018/08/16 16:43:03
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2018/08/16 16:10:48
voteryodhin
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2018/08/16 15:38:36
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2018/08/16 15:38:33
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2018/08/16 15:21:21
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2018/08/16 15:00:03
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2018/08/16 14:52:09
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2018/08/16 14:30:33
parent author
parent permlinkbitcoin
authoryodhin
permlinkinnovation-prediction-and-probability-in-the-crypto-space
titleInnovation, prediction and probability in the crypto space
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2018/08/16 14:29:15
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2018/08/16 14:29:06
parent author
parent permlinkbitcoin
authoryodhin
permlinkinnovation-prediction-and-probability-in-the-crypto-space
titleInnovation, prediction and probability in the crypto space
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2018/08/16 14:28:48
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2018/08/16 14:28:24
parent author
parent permlinkbitcoin
authoryodhin
permlinkinnovation-prediction-and-probability-in-the-crypto-space
titleInnovation, prediction and probability in the crypto space
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2018/08/16 14:26:06
voterax3
authoryodhin
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2018/08/16 14:25:45
parent author
parent permlinkbitcoin
authoryodhin
permlinkinnovation-prediction-and-probability-in-the-crypto-space
titleInnovation, prediction and probability in the crypto space
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2018/08/16 14:11:21
parent author
parent permlinkbitcoin
authoryodhin
permlinkinnovation-prediction-and-probability-in-the-crypto-space
titleInnovation, prediction and probability in the crypto space
body@@ -7106,8 +7106,71 @@ anicca%E2%80%9D. +%0A%0AFollow me on Twitter: %5B@kyodhin%5D(https://twitter.com/kyodhin)
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2018/08/16 14:01:15
parent author
parent permlinkbitcoin
authoryodhin
permlinkinnovation-prediction-and-probability-in-the-crypto-space
titleInnovation, prediction and probability in the crypto space
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2018/08/16 13:44:42
parent author
parent permlinkbitcoin
authoryodhin
permlinkinnovation-prediction-and-probability-in-the-crypto-space
titleInnovation, prediction and probability in the crypto space
bodySometimes friends or friends of friends come along and ask me about some topics in the crypto space. Maybe they have listened to someone on CNBC who predicted (again) that Bitcoin might be dead (again) or that the bubble has popped and everything is over (once again). ![hyperloop-transportation-technologies-designs-priestmangoode-london-design-festival_dezeen_hero-852x479.jpg](https://cdn.steemitimages.com/DQmS4yjE7WCkPurVSCARASsFjdfyqhhnM9sxcEYGyPeY51S/hyperloop-transportation-technologies-designs-priestmangoode-london-design-festival_dezeen_hero-852x479.jpg) And as everything is only prediction and probability, no one knows for sure. If you are on crypto twitter (ct), there a hundreds of opinions out there & everyone has their own metrics if markets are going up or down. In terms of markets, remember though, many people are playing out their own agenda, trying to make people believe that the markets are going down, so that they create a downward spiral to scoop up some cheap coins. It's all very much manipulated in all kinds of ways. That's why I do research, choose coins and stick to them for some time. And always keep your BTC. If you follow the price too closely, it doesn't help. Think in terms of months and years, rather than days and weeks. In terms of CNBC, well, they report on a monthly basis that the Bitcoin bubble has popped. There are thousands of memes out there, making fun of the mainstream media and so called "experts", that Bitcoin has died...again. Bitcoin has supposedly risen from the ashes hundreds of times. On crypto twitter, CNBC and others have become a metric for when to buy (half jokingly) - whenever CNBC is coming out and saying Bitcoin is dead, that's about the time bottom has been reached and it's time to buy. The bottom line: forget main stream media, esp. in crypto sense, they have absolutely no idea or what's even more probable, they're deliberately spreading misinformation. The closest you can get to the crypto space, is by following Twitter (crypto twitter), that means, follow the right people and read their tweets and articles. If you don't know who are the right people, start with known figures as [Andreas Antonopoulos](https://twitter.com/aantonop?lang=en), [Vitalik Buterin](https://twitter.com/VitalikButerin?ref_src=twsrc^google|twcamp^serp|twgr^author), [Ivan on tech](https://twitter.com/ivanontech?lang=en), [Adam Meister](https://twitter.com/techbalt?lang=en), [Simon Dixon](https://twitter.com/simondixontwitt?lang=en), and alike. Find some people who seem to know what they are talking about and see whom they follow. After some time, you get the hang of it. A friend once pointed out to me, that he saw someone on CNBC talking about tech. cycles and that we don’t have to worry about Blockchain as new technology has a cycle of about 9-15 years until we are starting to see this new technology implemented. In terms of technology cycles I'd be very cautious here. Already a few years ago, I listened to an audio book about Silicon Valley & they were already projecting that the speed of new technologies would increase up to a certain point, where it would be hard for our minds to follow. Remember the talk about exponential innovation by Andreas Antonopoulos (highly recommended if you haven’t seen it yet)? Not only will the speed of innovation accelerate, open source technology has an even crazier curve, it's not linear, it's exponential. Combine this with massive capital through ICOs and add a community which is willing to take enormous risks. What you get is a accelerated growth. Yesterday I listened to a new Andreas video, which he uploaded a few days ago. There, he spoke about Lightning Network, which is a new technology for Bitcoin. The LN was on paper just 4 years ago and has spawned an entire network by now already, and is implemented into the Bitcoin network. Andreas said, this has never been done before – only 4 years time... At the beginning of the year, some developers were trying out LN in test nets, strongly discouraging everyone to use it, because it's new software and not ready to use - one could lose money fairly easy. The community didn't care, many tried it out, bug reports were filed, stickers bought and so on... The road map was about another year or so of testing until they felt comfortable to let it be used. Not only is the software used already, an entire network has spawned. Even people like Andreas and others can't believe the pace and no one is able to make any kinds of predictions. Something like this space has never been existed. Technology has never been implemented into society in a way like this. The community doesn't care about rules, regulations, leaders or agendas. Sure, games are still going on. Many different games. There are political games, massive amounts of scams, tricks, market manipulation, but in the end, this all noise next to real innovation. The guys building this new future simply try to cut out on the noise and keep building. As Andreas was saying many years ago: "they won't even see us coming"... and this is still true today. I've been to conferences where the talks are shifted towards enterprises. These talks and conferences are so dull and superficial meanwhile. The enterprises want to hop onto the train, trying to dissect and understand it, try to use it to their own advantage. But this is like trying to dissect a train, understanding how it functions while this (hyper loop) train is in full motion. If you're not involved in this crypto community, you can't even imagine how fast this space is growing. Granted, some people say it is not necessary to get involved in crypto and just wait until it is broadly available. In 10 years time we all might be using Blockchain technologies without even knowing it, similar to TCP in the internet today. And sure, maybe one can compare today’s times with the times where Microsoft was still working in a little garage. It is very early stage… but compare Microsoft in the early days to Ethereum now. Do you see the difference? And this is the difference. Times are changing and nobody knows how the future will look like. We are in the middle of a revolution, not the sort of marketing revolution like a new toothbrush revolutionizes. It is a full fledged revolution how technology is shaping itself, how global power is shifting and society might be transformed. What I have learned so far about enterprises and people in power? There is a lot of fear out there. Fear of losing this power. But for the rest of us, I have only one suggestion: relax, don’t try to predict the future. Go with the flow and let “anicca” do its thing. People are trying to understand everything, they try to find patterns through looking at the past. And yes, in the markets it does work to some degree, human psychology might be predictable to some degree as well. But here, with this new technology, we have a whole new paradigm. Things are going to change, be equanimous and accept and embrace “anicca”.
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      "title": "Innovation, prediction and probability in the crypto space",
      "body": "Sometimes friends or friends of friends come along and ask me about some topics in the crypto space. Maybe they have listened to someone on CNBC who predicted (again) that Bitcoin might be dead (again) or that the bubble has popped and everything is over (once again).\n\n![hyperloop-transportation-technologies-designs-priestmangoode-london-design-festival_dezeen_hero-852x479.jpg](https://cdn.steemitimages.com/DQmS4yjE7WCkPurVSCARASsFjdfyqhhnM9sxcEYGyPeY51S/hyperloop-transportation-technologies-designs-priestmangoode-london-design-festival_dezeen_hero-852x479.jpg)\n\nAnd as everything is only prediction and probability, no one knows for sure. If you are on crypto twitter (ct), there a hundreds of opinions out there & everyone has their own metrics if markets are going up or down.\nIn terms of markets, remember though, many people are playing out their own agenda, trying to make people believe that the markets are going down, so that they create a downward spiral to scoop up some cheap coins. It's all very much manipulated in all kinds of ways. That's why I do research, choose coins and stick to them for some time. And always keep your BTC. If you follow the price too closely, it doesn't help. Think in terms of months and years, rather than days and weeks.\n\nIn terms of CNBC, well, they report on a monthly basis that the Bitcoin bubble has popped. There are thousands of memes out there, making fun of the mainstream media and so called \"experts\", that Bitcoin has died...again. Bitcoin has supposedly risen from the ashes hundreds of times. On crypto twitter, CNBC and others have become a metric for when to buy (half jokingly) - whenever CNBC is coming out and saying Bitcoin is dead, that's about the time bottom has been reached and it's time to buy. The bottom line: forget main stream media, esp. in crypto sense, they have absolutely no idea or what's even more probable, they're deliberately spreading misinformation. The closest you can get to the crypto space, is by following Twitter (crypto twitter), that means, follow the right people and read their tweets and articles. If you don't know who are the right people, start with known figures as [Andreas Antonopoulos](https://twitter.com/aantonop?lang=en), [Vitalik Buterin](https://twitter.com/VitalikButerin?ref_src=twsrc^google|twcamp^serp|twgr^author), [Ivan on tech](https://twitter.com/ivanontech?lang=en), [Adam Meister](https://twitter.com/techbalt?lang=en), [Simon Dixon](https://twitter.com/simondixontwitt?lang=en), and alike. Find some people who seem to know what they are talking about and see whom they follow. After some time, you get the hang of it.\n\nA friend once pointed out to me, that he saw someone on CNBC talking about tech. cycles and that we don’t have to worry about Blockchain as new technology has a cycle of about 9-15 years until we are starting to see this new technology implemented. \nIn terms of technology cycles I'd be very cautious here. Already a few years ago, I listened to an audio book about Silicon Valley & they were already projecting that the speed of new technologies would increase up to a certain point, where it would be hard for our minds to follow. Remember the talk about exponential innovation by Andreas Antonopoulos (highly recommended if you haven’t seen it yet)? Not only will the speed of innovation accelerate, open source technology has an even crazier curve, it's not linear, it's exponential. Combine this with massive capital through ICOs and add a community which is willing to take enormous risks. What you get is a accelerated growth. \n\nYesterday I listened to a new Andreas video, which he uploaded a few days ago. There, he spoke about Lightning Network, which is a new technology for Bitcoin. The LN was on paper just 4 years ago and has spawned an entire network by now already, and is implemented into the Bitcoin network. Andreas said, this has never been done before – only 4 years time... At the beginning of the year, some developers were trying out LN in test nets, strongly discouraging everyone to use it, because it's new software and not ready to use - one could lose money fairly easy. The community didn't care, many tried it out, bug reports were filed, stickers bought and so on... The road map was about another year or so of testing until they felt comfortable to let it be used. Not only is the software used already, an entire network has spawned. \nEven people like Andreas and others can't believe the pace and no one is able to make any kinds of predictions. Something like this space has never been existed. Technology has never been implemented into society in a way like this. The community doesn't care about rules, regulations, leaders or agendas. Sure, games are still going on. Many different games. There are political games, massive amounts of scams, tricks, market manipulation, but in the end, this all noise next to real innovation. The guys building this new future simply try to cut out on the noise and keep building.\n\nAs Andreas was saying many years ago: \"they won't even see us coming\"... and this is still true today. I've been to conferences where the talks are shifted towards enterprises. These talks and conferences are so dull and superficial meanwhile. The enterprises want to hop onto the train, trying to dissect and understand it, try to use it to their own advantage. But this is like trying to dissect a train, understanding how it functions while this (hyper loop) train is in full motion.\nIf you're not involved in this crypto community, you can't even imagine how fast this space is growing.\n\nGranted, some people say it is not necessary to get involved in crypto and just wait until it is broadly available. In 10 years time we all might be using Blockchain technologies without even knowing it, similar to TCP in the internet today. And sure, maybe one can compare today’s times with the times where Microsoft was still working in a little garage. It is very early stage… but compare Microsoft in the early days to Ethereum now. Do you see the difference? And this is the difference. Times are changing and nobody knows how the future will look like. We are in the middle of a revolution, not the sort of marketing revolution like a new toothbrush revolutionizes. It is a full fledged revolution how technology is shaping itself, how global power is shifting and society might be transformed. \n\nWhat I have learned so far about enterprises and people in power? There is a lot of fear out there. Fear of losing this power. But for the rest of us, I have only one suggestion: relax, don’t try to predict the future. Go with the flow and let “anicca” do its thing. People are trying to understand everything, they try to find patterns through looking at the past. And yes, in the markets it does work to some degree, human psychology might be predictable to some degree as well. But here, with this new technology, we have a whole new paradigm. Things are going to change, be equanimous and accept and embrace “anicca”.",
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  "posting": {
    "weight_threshold": 1,
    "account_auths": [
      [
        "dlive.app",
        1
      ]
    ],
    "key_auths": [
      [
        "STM6jCgVXkYeDVp89YVg4cJNMrWBfXEYQhYEaKL8P3zeHBfNKp3ew",
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      ]
    ]
  },
  "memo": "STM7Dae9tu56gchwpXJ9PhyP4vGGXDYMzd8PDigrPP1gKxefXNsqF"
}

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[]