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Old 04-15-2019, 12:00 AM
LoveLife LoveLife is offline
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You'll see this trend continue as the next bull run picks up steam. Again, I don't pretend to know exactly when it will happen and it may not be during the next bull run, but I expect to see 50k BTC and 2.5k ETH at some point over the next five years. I think the 2020 halving will be huge, and across the entire space we're going to see utility, integration and adoption increase at a surprising pace.

It'll be fun to look back at this prediction and see how things play out compared to the doomsday predictions of others. Time will tell.
Evil...it seems we need to stop being such crypto conservatives

* https://ethereumworldnews.com/btc-co...-analyst-says/
"bitcoin rising to $98million/coin !

* https://www.newsbtc.com/2019/04/10/j...es-rise-1000x/
"ETH to increase by 1000X" !
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Old 04-15-2019, 05:01 AM
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PalmettoTree said "A currency cannot pay a dividend. In institution can pay you a dividend for not spending your currency."

https://www.google.co.jp/amp/s/ether...ency-2019/amp/


Crypto dividends will be a driver of this Proof of Stake technology.
Stock dividends are in decline. Bond returns are puny. CDs are a joke.
Crypto dividends could be the future for "widows and orphans"!!

PoS coins could even become perpetual motion.
As investors gravitate towards the above average dividend payment,
they will become long-term HODLers.
As a large percentage of investors HODL,
those that want to obtain coins in order to get the dividend,
will need to pay a substantial premium to get owners to sell.

Crypto dividends will definitely bring in baby-boomers who are looking for
bond-style returns, AND want the liquidity that annuities do not offer.
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Old 04-15-2019, 06:05 AM
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Originally Posted by WilliamAshley View Post

Bitcoin is all over the map. It is a saturated market.
Ohhh contraire...

"According to Crypto Research Fund, in January of 2016, crypto funds had $190 million AUM. As of July of this year [2018], that number is at $7.1 billion. And that growth happened in the absence of regulations, tried-and-true custody solutions and ETFs, which are generally prerequisites for institutional investors to join the market."

In 2019, I have not seen any published numbers, but institutional ownership is probably up in the 12-15% range.
That leaves a long runway ahead of us.
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Old 04-15-2019, 11:38 AM
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Quote:
Originally Posted by LoveLife View Post
Evil...it seems we need to stop being such crypto conservatives

* https://ethereumworldnews.com/btc-co...-analyst-says/
"bitcoin rising to $98million/coin !

* https://www.newsbtc.com/2019/04/10/j...es-rise-1000x/
"ETH to increase by 1000X" !
Heh, yeah, as far as crypto goes I'm certainly on the conservative side. If ETH/BTC even do a 10x, which is on the conservative side of these wild predictions, I'll be financially set for life. We'll see. I absolutely see the potential for 1M BTC and 10k ETH under the right circumstances but the stars need to align and things fall into place properly.

From a purely mathematical standpoint, it would be easy for BTC/ETH to hit astronomical numbers if the demand were there. Both are have limited quantities which couldn't satisfy the demand for one of either for every U.S. household let alone global demand.
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Old 04-15-2019, 04:02 PM
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Quote:
Originally Posted by evilwhitey View Post
Heh, yeah, as far as crypto goes I'm certainly on the conservative side. If ETH/BTC even do a 10x, which is on the conservative side of these wild predictions, I'll be financially set for life. We'll see. I absolutely see the potential for 1M BTC and 10k ETH under the right circumstances but the stars need to align and things fall into place properly.

From a purely mathematical standpoint, it would be easy for BTC/ETH to hit astronomical numbers if the demand were there. Both are have limited quantities which couldn't satisfy the demand for one of either for every U.S. household let alone global demand.
Correction: Since cryptos are virtually infinitely divisible, they can easily and will always be able to "satisfy the demands." The decimal just has to move over on prices. As an example, if BTC is $1M, people simply start buying/selling/trading/using Satoshis.
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Old 04-15-2019, 06:28 PM
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Quote:
Originally Posted by Pinhead View Post
Correction: Since cryptos are virtually infinitely divisible, they can easily and will always be able to "satisfy the demands." The decimal just has to move over on prices. As an example, if BTC is $1M, people simply start buying/selling/trading/using Satoshis.
Understood but when we're talking about the "value" of whole units, being divisible doesn't change the price effect of the demand for BTC/ETH. Yes, technically everyone could have fractions of BTC/ETH, but whole units, not even close. Ergo, those of us with whole units of BTC/ETH will do very well if/when demand for whole units greatly surpass supply and smaller units like sats become standard out of necessity.
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Old 04-16-2019, 02:46 AM
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Quote:
Originally Posted by Pinhead View Post
Correction: Since cryptos are virtually infinitely divisible, they can easily and will always be able to "satisfy the demands." The decimal just has to move over on prices. As an example, if BTC is $1M, people simply start buying/selling/trading/using Satoshis.
Maybe I am reading your meaning wrong,
but you cannot "just move the decimal point."
And a bitcoin is currently not infinitely divisible:

What is a Satoshi?
Each bitcoin (BTC) is divisible to the 8th decimal place, so each BTC can be split into 100,000,000 units.
Each unit of bitcoin, or 0.00000001 bitcoin, is called a satoshi. A Satoshi is the smallest unit of Bitcoin.
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Old 04-16-2019, 03:47 AM
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Twitter jokesters - Love It !!


KING CO฿IE @CryptoCobain
Apr 14, 2019
@elonmusk you are not satoshi ha ha sue me bitch

Elon Musk

@elonmusk
Cryptocurrency is my safe word

8,275
1:22 AM - Apr 14, 2019
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Old 04-16-2019, 02:33 PM
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Quote:
Originally Posted by LoveLife View Post
Maybe I am reading your meaning wrong,
but you cannot "just move the decimal point."
And a bitcoin is currently not infinitely divisible:

What is a Satoshi?
Each bitcoin (BTC) is divisible to the 8th decimal place, so each BTC can be split into 100,000,000 units.
Each unit of bitcoin, or 0.00000001 bitcoin, is called a satoshi. A Satoshi is the smallest unit of Bitcoin.
Note I said virtually. Dividing a BTC by 100 million is "close enough."

Like all inherently deflationary currencies - especially those that are predictably deflationary - prices automatically reflect the volume of the currency in circulation. As the value of the currency in terms of real goods and services increases, the prices of goods and services reflect that increase in value by becoming worth "less" when compared to the currency. It's simply an inverse relationship.

Something that is worth a dBTC today (1/10th BTC, or ~$500) would be worth a cBTC (1/100 BTC) at $50,000/BTC.

"The BTC unit was chosen to represent a value of 10^8 so as to give sub-unit precision rather than large whole numbers. Mirroring the standard Le Système International d'Unités, this allows for divisions of 1/10th (deci-bitcoins, dBTC), 1/100th (centi-bitcoins, cBTC), 1/1 000th (milli-bitcoins, mBTC), and 1/1 000 000 (micro-bitcoins, μBTC)."

https://en.bitcoin.it/wiki/Units
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Old 04-17-2019, 07:19 PM
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Crypto deflation vs. fiat inflation

https://www.ccn.com/crypto-exchange-...ncy-revolution

Coin burns are just like stock buybacks...except they are permanent!
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Old 04-18-2019, 05:08 AM
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Quote:
Originally Posted by Pinhead View Post
Note I said virtually. Dividing a BTC by 100 million is "close enough."

Like all inherently deflationary currencies - especially those that are predictably deflationary - prices automatically reflect the volume of the currency in circulation. As the value of the currency in terms of real goods and services increases, the prices of goods and services reflect that increase in value by becoming worth "less" when compared to the currency. It's simply an inverse relationship.

Something that is worth a dBTC today (1/10th BTC, or ~$500) would be worth a cBTC (1/100 BTC) at $50,000/BTC.

"The BTC unit was chosen to represent a value of 10^8 so as to give sub-unit precision rather than large whole numbers. Mirroring the standard Le Système International d'Unités, this allows for divisions of 1/10th (deci-bitcoins, dBTC), 1/100th (centi-bitcoins, cBTC), 1/1 000th (milli-bitcoins, mBTC), and 1/1 000 000 (micro-bitcoins, μBTC)."

https://en.bitcoin.it/wiki/Units
Interesting.
I guess NOT "close enough" for somebody.
The bottom right cell says "Payment channel value".
Click on that and it takes you to the Lightning Network.
I was not aware that the Lightning Network would allow an additional
3 decimal places smaller than a bitcoin Satoshi (milliSatoshi)
One hundred-billionth of a bitcoin!

So if the value of a bitcoin ever reaches $1 billion dollars,
a milli-Satoshi would be worth 1 penny.

That is the financial Higgs boson particle!!
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Old 04-18-2019, 10:40 PM
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A lot of buzz in the crypto space about Holo chain (HOT).
Much talk that it is one of the first beyond-blockchain technologies.

Holo fuel will be similar to ETH GAS.
And Holoport will be a modem sized, inexpensive gateway to host ("mine") Holo Fuel.

Thus, another option is coming to generate passive income in your den/media room.
https://holo.host
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Old 04-18-2019, 11:23 PM
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Quote:
Originally Posted by LoveLife View Post
A lot of buzz in the crypto space about Holo chain (HOT).
Much talk that it is one of the first beyond-blockchain technologies.

Holo fuel will be similar to ETH GAS.
And Holoport will be a modem sized, inexpensive gateway to host ("mine") Holo Fuel.

Thus, another option is coming to generate passive income in your den/media room.
https://holo.host
With computing power being so cheap these days why would anyone pay for this hardware? What are content creators gaining from using this service that can't be bought cheaper elsewhere? That small model is basically a Raspberry Pi but double the price. Their high end model is ludicrously expensive.

Interesting idea but the cost/benefit isn't jumping out at me.
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Old Yesterday, 12:47 AM
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Quote:
Originally Posted by Deadmeat99 View Post
With computing power being so cheap these days why would anyone pay for this hardware? What are content creators gaining from using this service that can't be bought cheaper elsewhere? That small model is basically a Raspberry Pi but double the price. Their high end model is ludicrously expensive.

Interesting idea but the cost/benefit isn't jumping out at me.
Yep, every expenditure needs to be justified.
Buyer beware. Whether one is buying hardware, software, or crypto coins.

- The cost of the hardware will need to be competitive. It is open source,
so anyone can produce a less expensive Holoport clone.
- The cost of the Holoport is relatively expensive to the current price of HOT.
In a couple of years, the price of hosting hardware will pale if/when FUEL moons.
- It is an inexpensive option compared to some dPOW protocols where you give up
20% of your earned coins to a delegation service.

The whole idea of crypto is cheaper, faster, more secure.
So staking, baking, hosting, being a node, is better than giving a management fee
to a delegation service (i.e. Coinbase, Binance, Tezzigator, etc.)
Being in total control of your coins and their future earnings is optimum.

But definitely, please report back here if you find a firm offering a cost competitive product to the Holoport.

Or maybe you have just found a business niche:
The Deadmeat HOT Host (Holoport clone) for $349 with free shipping and 1 year support.
HotHost.com is available!
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