Proof of stake .... TOKEN. If you are just a token you dont need proof of stake. You are just a token on a chain that use proof of stake or proof of work mechanism. You dont need to aply them too.

I hate tokens (will never invest in such token) that has build in mechanism that use high inflation to build false value. There is no value for investors in inflating whole circulating supply by 10x... This does not build value. this build false value for not so bright investors.

If your project has use case - use it to generate profit - share it with token hodlers. Simple as that. Like BNB is doing it. Binance generates profits and use it for buybacks.

Only with negative real interest rates (when interest rates are lower than inflation). Its not that its something normal. Current market situation (negative real interest rates) is not normal. Its not like its been like that for ever.


https://www.longtermtrends.net/real-interest-rate/

As you can see blue line (real interest rates) is mostly above 0%. Means that you give back your loan in depreciated asset but you have to give back much more than you have borrowed.

Looks like microstrategy takes oposit strategy. Tries to borrow as much as market allows it to borrow an asset that is heavily inflated and buy as much deflationary asset as it is possible. With high inflation and low interest rates its like getting free money. With dead company used as collateral for this deal its like 0 risk high reward kind of deal. I cant believe that we dont see a rush for bitcoin from big companies (big but slowly dying like microstrategy - lower sales/revenue year after year, lower profit year after year) right now. Looks like debt bubble has infinite amount of money (compared to crypto market depth)

Better use VPS. Home router might be to weak to provide stable, reliable connection during sync and, what worse, validation. You can try free 2 month trial on digital ocean, 1 month free on Vultr - 3 months of free mining (link is realRioda signature). After that 10.52 Euro for 3 months (3,5 euro per month) is enough to pay for server that is good enough to mine - MVPS.

The corporate debt bubble is the large increase in corporate bonds, excluding that of financial institutions, following the financial crisis of 2007–08. Global corporate debt rose from 84% of gross world product in 2009 to 92% in 2019, or about $72 trillion. In the world's eight largest economies—the United States, China, Japan, the United Kingdom, France, Spain, Italy, and Germany—total corporate debt was about $51 trillion in 2019, compared to $34 trillion in 2009. Excluding debt held by financial institutions—which trade debt as mortgages, student loans, and other instruments—the debt owed by non-financial companies in early March 2020 was $13 trillion worldwide, of which about $9.6 trillion was in the U.S.
https://en.wikipedia.org/wiki/Corporate_debt_bubble

Is it better now? In 2020 and 2021 we have  Infinite Quantitative Easing, Fed announced in March 2020 that it would begin buying corporate debt. We all know that money printing and ease of getting money with low interest cause not only inflation but also money ineffectiveness. But how bad is it? Well we don't need to search far from our crypto kindergarten for nice example:



Microstrategy sales/revenue goes down year after year. Cumulative Microstrategy profit from last 5 years is $158 million. During current Corporate debt bubble it is enough to borrow more than $2,1 billion ... with ease. Microstrategy does not stop here. Its now going for another $1 billion from Class A Common Stock Offering. This debt is obtained for high risk investment, not company development. To make it sound right... Microstrategy offers debt for high risk investment and in case of investment failure they will need to work for 100 years to pay the debt (without taking into account interest because with interest for investors its not 100yeas, its infinity - microstrategy earns less than cost of rolling debt).

How is it possible that company offers debt for high risk investments, debt that is unpayable in case of investment failure and market rush in with money. Who is investing in microstrategy debt?

1- Person who don't believe in future of BTC, in BTC price growth will not do that because of risk of miscrostrategy bankruptcy if BTC will dump significantly - as I said. microstrategy is not even able to roll the debt from its profit.
2- Person who believe in future of BTC, in BTC price growth should not do that either. If you are so sure that BTC price will grow ... why not buy it by himself? 6% annual profit is nothing compared to BTC expected growth.

It doesn't matter who. It shows how ineffective are constantly printed currency units. How easy it is to change investment considered by market as high risk (buying bitcoin) into investment considered by market as low risk (buing corporate bonds - company that will exist only if btc will continue to grow). Thanks to microstrategy bitcoin just started to eat its portion of corporate debt bubble cake. Just started because I think that its just the beginning. More and more companies will issue more and more debt for high risk investment. Who would not take this opportunity? 6% interest debt for potential 10x investment (bankruptcy in worst case scenario). Especially companies that hardly generates any profit (like microstrategy). Whats your thoughs on that? Is it good in long term that BTC will, in near future, grow thanks to corporate debt?


self moderated to avoid spam.

Wreszcie coś ktoś. Jedni gadają tylko o Musku, zawirowaniach w Chinach tworząc FUD, inni ekscytują się kolejnymi zakupami microstrategy (co jest niczym innym jak dowodem na to, że bańka na BTC to nic w porównaniu z bańka na długu jaką obecnie obserwujemy. Firma proponuje się zadłużyć na 100 letni zysk pod zakup super ryzykownego aktywa -nie pod rozwój firmy- a rynek biegnie z kapitałem. Ale to temat na osobny wątek)

Ale wreszcie ktoś podnosi temat taproot. Aktualizacja została przegłosowana 5 dni temu przewagą 90% i wchodzi w życie w listopadzie. Dla mnie to absurd, że jest o tym aż tak cicho. Jest to przecież najważniejszy update od 2017 roku. Spowoduje ogromne zawirowania. Może powstanie hard forka BTC -niby 90% sieci popiera taproot, ale jakoś nie wierzę, że nikt nie połasi się o stowrzenie nowej kopi BTC pod różnymi pretekstami. Zwłaszcza, że czytałem, że ci, co nie popierają taproot mają już swojego celebrytę - Edward Snowden

Kto nie popiera aktualizacji?
Edward Snowden, były pracownik Agencji Bezpieczeństwa Narodowego twierdzi, że Taproot może w rzeczywistości pogorszyć prywatność sieci.

Czy to prawda? Nie wiem, comparic to jedyne miejsce gdzie znalazłem o tym wzmiankę.

Co do predykcji cenowych:



Tak wyglądał moment powstania BCH. Ostatnie 14 dni przed forkiem szło bokiem. Dopiero po forku mieliśmy pompę. Moim zdaniem dlatego, że leszcze kupowały "nowego BTC" (myśląc, że to okazja inwestycyjna na zasadnie starego BTC w 2010) dostarczając płynność starym wyjadaczom, którzy dumpowali darmowe coiny do bitcoina.

Jak to będzie wyglądać teraz? Bardzo ciężko powiedzieć. Obawiam się, że niewiele osób obchodzi obecnie rozwój bitcoina. Wszyscy już zaakceptowali, że jest wolniejszy i mniej anonimowy niż inne coiny. A paradygmat obecej bańki (btc cyfrowym złotem, BTC ucieczką przed inflacją, BTC zabezpieczeniem przed decyzjami rządów) czyni go znacznie bardziej podatnym na globalne zawirowania niż lokalne. FED podniesie stopy ... czyli walczy z inflacją ... i jeden z filarów bańki btc upadnie a kurs załamie się razem z SP500, złotem i innymi walorami. Nie pomoże tu ani fork, ani Musk, ani Sailor. Jeśli natomiast FED dalej będzie trzymał nisko stopy, inflacja będzie rosnąć, to inwestorzy dalej będą szukać miejsca na lokowanie kapitału i BTC podczas zawirowań związanych z forkiem i emocjami z tym związanimy będzie atraktcyjnym aktywem spekulacyjnym, co może nawet napompować w okolice ATH, a po przebiciu którego i 100k nie będzie mu straszne. Wszystko zależy jednak od globalnej polityki monetarnej.

500 milion bought by experienced traders wont move price ... if they dont wont it to move price I expect people to front run Michael Saylor (thats why price grow now) and dump on him right after announcement that he has money ready to buy.

Worth to know info passed from other thread that refers to microstrategy investments.

As above poster said. There is no need of doing this if this is your only investment. As you calculated ... tax needs to be paid, there is no way to jump over it.

Its used only when other investments yeld high returns (Realized profit) and one investment is on big loss. It is worth to dump it and buy again to realize loss that lower profit from other investments = lower tax paid in this year.

Same works if you have loss on your realized investments and unrealized big profit somewere else.

With BTC/WBTC trade. Make sure that in your contry crypt to crypto trades counts for TAX calculation. In my country we compare only in and out of crypto (fiat to crypto buy vs fiat to crypto sell)

Bravo! you just wrote here that your system was correct ..... n=2 times. Thats insane XD

Without sarcasm. n=2 is nothing. Too small sample to prove that your model is correct or not. N=100 is where we can start talking.

For example martingale system for gambling is a system that works for weeks and people are always super excited about when starting to using it ... but after few houndreds of bets (depends on bankroll) they zero they wallet.

I guess we are talking here about Ponzi shame with sale restrictions. Simply example - if you bought at 10$ you are not allowed to sell lower than 15$. Such asset cant go down. It just can stop grow and left people will unsalable bags - effectively worth 0 but on chart worth xx$.

This system was designed to work that way but is not. Never was. Mostly because of democracy. Thats why dept to GDP in US is 140% and its not going down. Not now, Not 5 years ago. Not 10 year ago. They continue to print more and more money trying to patch bigger and bigger hole using hidden tax (inflation). Economy is now so innefective that instead of spending money on innovation we are spending it for donations for boobie streamers on twitch.

Boston Dynamics was sold to Hyundai for $1.1 billion
TikTok - The sale price is expected to be in the range of $20 billion to $30 billion

Thanks to current monetary policy we are getting closer and closer to doom day. Thanks satoshi we dont have such system implemented here in bitcoin.

During bear market everything will dump 80-100% and if we entered bear market ... it is a beginning of it and it will last few years. No matter how good the coin is. It is not true that utility tokens (influcind exchange tokens) will not dump since its utility based price is far lower than current pumped to the moon price.

Exchanges also suffers during bear market. Prices dumps, price action goes down, so volume do, so exchanges profits and tokens untility.

Investing in such early stage of projct is the most risky type of investments. Nothing really can tell you here if its goin go to be a success of not.

1- whitepaper is just a document with words. It can be copied and change a little. Faked. I can create my own whitepaper in which ill write that tomorrow ill be on mt everest.
2-team can be faked with fake twitter account with bought followers. It does not matter here if Team members are named on the website. Even video with someone face can be faked (deepfake)
3- code - who of us can check if code is OK? How many of currencies have working code now? Most of them are just concept without working product jet.
4- hype can be bought.
5- being unique didn't give you certainty of being unique forever. 1 month after your investment there can be new ICO with better team, bought hype and with working product delivered faster.

So you are really risking all your money. Take into calculation that 1 out of 100 projects at this stage are not scams made to collect funds and exit scam.


Pre-sale is announced by team. Mostly people buy at discount that day (compared to sale price).

Way to much. But if its at pre-sale stage its normal. They have main sale before them. 95% is the amount of total supply that will ever be minted or current supply?


Who is satoshi?

Oh. Didn't know fees are soo low now. Its good time to consolidate my hotwallet and change n imputs into 1. Thanks.


Majority of crypto exchanges charge 0.0005BTC for withdrawal - 17$ so they dont really care if they set fee as 1 sat or 50 sat. They mostly overpay for each withdrawal because 5$ more for withdrawal is less than 10 work hours of employee to answer 1000 support tickets for stuck withdrawals in case of rapid increase of traffic.

100 sat+ in situation like today is for sure a mistake or very bad wallet.

BTW: I think this site is better to monitor network traffic.
https://jochen-hoenicke.de/queue/#BTC,2d,count

99.9% of them are scams. Project like this - without purpose, without value - made just to exist as an asset with build is mechanism that tries to cheat investor that this mechanism alone is able to build long term value - pump price and buy them lambo. It does not work like that.



"at least a little successful like Doge" AL LEAST as successful as one out of 5 most popular crypto XD No. They aim to collect as much money and exit-scam. They don't aim to build another doge.

That's not the problem of El Salvador. Thats the problem of whole world but... did you forget whats the main value transfer medium for criminals? Cash. Banknotes. How does your country "control and keep in check the usage" of 100$ banknotes?

Or gold usage and transfer via border by rectum smugglers ? XD
https://nypost.com/2020/10/16/plane-passenger-caught-smuggling-gold-in-rectum-to-avoid-taxes/

A tomato looks a lot like banana. Banana is just not red and also has different shape and also different hardness ... but they both looks the same but ...

No. Everything is different. 2017 bubble was different from 2021 bubble in every possible way. So as current price action.



There is no value from price predictions based on 2 charts that looks the same only when you change 80% of it. I doubt that there is any value from price predictions based on 2017 bitcoin performance even if charts would like exactly the same. Its different bubble paradigm, different profile of average investor, different volumes, different market condition, different global environment, different interest rated, different global dept.

If 50% of the children and teenagers have less than 1.25$ US per day how will BTC help here with 10$ transfer fee?

Also I dont think that storing 100% of wealth in super volatile asset is good choice especially if all your wealth is 30$ that you plan to spend on food for next month. -50% in 10 days (dump that we had month ago) and this guy end up with empty plate for last week of month. And he is not able to not eat for 2 weeks because price of BTC is at the "dip"

What would really help El Salvador citizens with $1.25 per day? Wrapped on BSC PAX GOLD as legal tender.

Get used to it. Every single asset class, no matter how big, can be manipulated by celebrities and their tweets these days. Even largest US stocks, even whole sp500 index:

"An analysis of the impact of President Trump’s tweets on the DJIA and S&P 500 using machine learning and sentiment analysis"
https://www.sciencedirect.com/science/article/abs/pii/S2214635020303762

"S&P 500 Performs Best On Days Donald Trump Tweets 30 Or More Times: Study"
https://finance.yahoo.com/news/p-500-performs-best-days-191644863.html



"Twitter bans cryptocurrency advertising, joining other tech giants in crackdown"
https://www.cnbc.com/2018/03/26/twitter-bans-cryptocurrency-advertising-joining-other-tech-giants-in-crackdown.html

So Jack hate crypto at BTC @ 7k$ but love BTC at 40k$. Interresting

In every point you bring in this thread you prove that current market situation is completely different from 2017 bubble. Not "A LOT like". Top is different (flat at x3 from ATH instead of pointy at x 20 ATH), dynamics of dump is different, price action at the bottom is different.

This should not surprise anybody since global environment is different (covid panic, FED doing brrrr +25% of dollar supply in 1 year), paradigm of bubble is different (digital gold in 2021 vs new technology that will replace fiats in 2017)

Everything is different. I don't know how you see that current market situation looks "A LOT like the '18/'19 bear market bottom".