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bitcoins

Entoptic said:
Question for the crowd. Would the USA gov shutting down affect the crypto market at all? If so, why?
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Overall loss of confidence in institutions? The gradual replacement of traditional banking with blockchain tech is inevitable according to Nick Cannon. Eth is a great bet while in the building phase.

https://ethereumprice.org/ethereum-caught-mega-bubble/

Ethereum, in fact, is in its own league. It accounts for ~49% of all USD value moving across blockchains. It is responsible for over half of all blockchain transactions. It attracts more developers than any other blockchain and ConsenSys (founded by Joe Lubin) has a team of over 400 people dedicated to developing the Ethereum ecosystem.
 
nakedape said:
Overall loss of confidence in institutions? The gradual replacement of traditional banking with blockchain tech is inevitable according to Nick Cannon. Eth is a great bet while in the building phase.

https://ethereumprice.org/ethereum-caught-mega-bubble/

Ethereum, in fact, is in its own league. It accounts for ~49% of all USD value moving across blockchains. It is responsible for over half of all blockchain transactions. It attracts more developers than any other blockchain and ConsenSys (founded by Joe Lubin) has a team of over 400 people dedicated to developing the Ethereum ecosystem.
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Sooo, its VHS to Bitcoins Betamax?
 
Entoptic said:
I'm gonna have to disagree with you on this one. When the price started to drop most people that were paying attention knew the support lines and a zone in which the final drop may be. Many signs said get out, many signs said 10k support lines would hold and if for some reason it dipped below 10k then around 7-8k range would be the next target. I'm nervous cause we really didn't test sub 10k enough to confirm a reversal.

Not sure if you know but Tron has a whitepaper. The translation to English was piss poor, they god bad press for it and they've replaced it with a proper translation. The fud surrounding it amazes me. If you would like to link me to a "fake" whitepaper I'd gladly give it a read.
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Alright bro. You know it all, apparently :wow Just because people are critical doesn't mean it's fud. https://www.reddit.com/r/Tronix/com..._tron_whitepaper_v17/?st=jcmc13ny&sh=2e55dc04 <-- There's no product. It's just a copy of every other platform for dapps.
 
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The more I think about it, the more I think we will end up with something like the ripple (not XRP currency) model of using block-chain as a ledger system to move US dollars around.

The US dollar is already well established, trusted, somewhat stable token of value and their are no reasons it can't be moved as quickly and cheaply as crytpo. Blockchain is one way of doing this that may become the standard.

All the talk about anonymous transactions and not needing banks sounds wonderful, until you realize the average person really needs a financial system in which transactions can be reversed and savings insured. Without a way of identifying the users of the systems both transaction reversal and insurance become impossible.

On another note, as long as crypto is an investment, it won't work as a currency since no one will spend and asset that is increasing in value. For those who truly believe in cryto as teh future of currency a crash and stagnation of value is probably the best think possible.
 
nakedape said:
Overall loss of confidence in institutions? The gradual replacement of traditional banking with blockchain tech is inevitable according to Nick Cannon. Eth is a great bet while in the building phase.

https://ethereumprice.org/ethereum-caught-mega-bubble/

Ethereum, in fact, is in its own league. It accounts for ~49% of all USD value moving across blockchains. It is responsible for over half of all blockchain transactions. It attracts more developers than any other blockchain and ConsenSys (founded by Joe Lubin) has a team of over 400 people dedicated to developing the Ethereum ecosystem.
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+1 for Eth and ERC20 tokens (especially VEN, *cough* :teeth)
 
Mike95060 said:
Sooo, its VHS to Bitcoins Betamax?
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There's an apt analogy hidden in your statement. Recall when Ampex let the patents for the VCR go to the Japanese because "who wants to watch movies at home?" Turned out, most everyone.

"Who wants a PC at home, those are office machines!" Turns out, everyone.

With blockchain, the question is, "who wants to decouple from historically fraudulent banking houses and create trade over ANY economic sector, ANYTIME?" Soon enough, everyone.
 
But I feeeel like this dip is going to stop, and I've got lucky twice - so I totally know the market now.
 
Entoptic said:
Shitposting continues.

Anyone that follows crypto could see this coming. As a matter of fact I even mentioned buying if it dipped under 10k. My strategy wasn’t just mine. Lots of people did the exact same thing.

Going further back I mentioned that Dec/Jan is usually a low point for crypto. You and others mocked me. Again my strategy wasn’t mine alone. Lots of people prepped for this downturn and are making money in a crash that was predicted.
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If within the next couple of months bitcoin drops 20%-30% or more I'm looking forward to your explanation of how you saw if from a mile away and had already sold at the peak.
 
Entoptic said:
Are we not allowed to disagree? I never said I was right. I just shared my opinion. Why are your feelings hurt and why the personal stuff? It appears as ho you’re taking this to heart.
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Sure, but you offer your opinion as if it were based on facts. New people who want to invest will read into like you know what you're on about without guiding them on how to sort the shit coins from the others.

Entoptic said:
You guys are a great contribution to this thread.
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Have I not offered links to people to read up on tokens that actually have functional value? Have I not shown people that apart from the whitepapers they also need to look at the development of their tokens? Have I not shared facts about adoptions for certain tokens in Asian markets?

By all means, I can bow out and not share shit. :thumbup
 
nakedape said:
There's an apt analogy hidden in your statement. Recall when Ampex let the patents for the VCR go to the Japanese because "who wants to watch movies at home?" Turned out, most everyone.

"Who wants a PC at home, those are office machines!" Turns out, everyone.

With blockchain, the question is, "who wants to decouple from historically fraudulent banking houses and create trade over ANY economic sector, ANYTIME?" Soon enough, everyone.
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Are you suggesting that a cashless, all-digital global economy is a good thing?

Anyway, be careful friend. If you think the global banking syndicate is going to let a new digital monetary paradigm take hold without having its tentacles all over it, you're mistaken. In my humble opinion, of course.

It's easy to distill water of its toxic impurities... not so much the world of its toxic handlers.
 
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Volcomism said:
Sure, but you offer your opinion as if it were based on facts. New people who want to invest will read into like you know what you're on about without guiding them on how to sort the shit coins from the others.



Have I not offered links to people to read up on tokens that actually have functional value? Have I not shown people that apart from the whitepapers they also need to look at the development of their tokens? Have I not shared facts about adoptions for certain tokens in Asian markets?

By all means, I can bow out and not share shit. :thumbup
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Volc I wish you no ill will but you're taking this way to seriously. It appears to be very black or white with you and no grey. I'm not stating facts. If you're taking them as facts then you gotta look at yourself and question why you're seeing it that way and why firing back personal attacks instead of questioning my statements is your MO.

Furthermore the comments I quoted don't help anyone in this thread. If you're taking that as saying leave the thread then again I ask why do you feel that way? Yes you've contributed to this thread and I'm sure lots of people appreciate it. Why can't you just keep it at that?
 
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I consider calling BS a contribution, and technical analysis of even normal stocks is 90% psuedoscience. Thinking it has any relevance for something like the current crypto market is nothing other than selection bias.

What do you think the odds are that you are actually better at this than everyone else in the market? Much, much more likely that your essentially random guessing has resulted in a good run.
 
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