Thousands of penny stocks eventually trade at a price never to be revisited again. And yet still no one cares... because no one values them.

 
Nothing, apparently


It's important that it wins the payments war for all of the participants involved. All 2 of them.

The momentum traders that heavily piled in back in Oct./Nov. '17 really distorted things in the short term. I.E., distorted the long term log growth and price/performance expectations. And something tells me that was completely intentional.

Could be 8 months to a year. Note that I'm not saying the price won't move up during that timeframe, but just don't expect another 5x or 10x in 3-5 months. We'd be lucky to be back to $20k by year end. A gradual +5-8%/month is probably more like it.

The only thing that could rapidly change the game at this point, is something uber bullish like an ETF approval. I don't feel like that has been "priced in" yet.

Accumulation is happening again. But note that at these price levels, this accumulation could go on for a very long time.

You guys may die of complete boredom in the interim.

Agreed. Warren also took a huge silver position one time, but then sold it off about 4 years too soon.

Ten years ago, ol' Warren also slammed Google as a good investment, claiming that he had no way to correctly valuate Google and so wasn't going to invest a dime (six years ago he put his money into IBM instead). Now ten years later, he's going around saying how badly he misjudged Google and "missed the boat." He barely got out of his IBM position without taking massive losses.

Now he is singing the praises of Apple... about a decade too late (just like he did with IBM).

It seems that with technology, ol' Warren is always "a day late and a dollar short". Will he be eating his words on Bitcoin too in 5-10 years? Only time will tell.

Even if by 2021 (Oh the horror!), would literally crush all other appreciating assets

Fired for less than 10 minutes total, at 500 yards, with 2-3 large 30 sec to 1 min length long breaks of no firing at all.

Count. The. Number. Of. Rounds. He. Would. Need. To. Fire. In. That. Timespan.

Do. The. Fucking. Probability. To. Hit. Each. Target. At. That. Range. Math.

And. Then. Wake. The. Fuck. Up.

Hairy, since you keep wanting to believe the "official story" fed to you by the MSM, then this is for you...  

Agreed. No civilian gun owner I know wants or cares about full auto. In fact it is a liability.

Another thing, if that mentally unstable kid had gone into the Parkland school with a handgun instead of an AR-15, the outcome would have been exactly the same. The rifle did him no favors. He would have been shooting from the exact same near point-blank distances, and with a hand gun would have killed just as many former classmates if not more.

But of course, the AR-15 rifle now gets all the blame and calls for ban. I guess if he had gone in with a samurai sword instead they would be wanting to ban those? Or how about a knife?

Or what if he had just mowed down his former classmates with a truck out in the school parking lot? I guess we should ban trucks now?

Whatever we do, let's DON'T address teenage mental health as the real culprit. No no.

Andreas Antonopoulos is an amazing speaker, and he just keeps getting better and better every year. The Bitcoin community is lucky to have him out there with his tireless dedication.

After decades of going to IT Conferences and listening to shills selfishly talk up their company tech, it's so refreshing to hear someone speak so eloquently about a subject/ open project that they are actually very passionate about on a personal level.

I don't see much down from here. I think we are seeing accumulation again. We could wash trade sideways for months.

I stopped reading at 'Brock Pierce'. That guy is like a mini-me version of McAfee. Total train wreck.

So a researcher named Goldberg explores attacks on the Rube-Goldberg machine network.

Classic.

Yep, contagion is spreading fast

https://www.zerohedge.com/news/2018-03-01/liechtenstein-bank-offers-direct-cryptocurrency-investment-and-cold-storage-wallet

This really is starting to feel like the free Internet vs. private Intranets war all over again.

Intranets sprang up everywhere like weeds. People were saying the same, "Just use the Internet, idiots." They all lost. The Internet became king.

Bitcoin will be king.

You should read Dune, a classic. Then watch the movie, a cult classic.

I wish they would remake Dune the movie. With today's CGI and stuff it would be awesome.

LMFAO at all the Youtube Crypto personalities that sprang up last year.

While the momentum trade was going in 2017, they all acted like total and seasoned 'Crypto Experts'. Like they knew exactly why Bitcoin, or this shitcoin or that, was going up, and why. They told all their followers that they should invest in this or that.

Now that the momentum trade is over, they are floundering around and haven't got the slightest clue what the crypto market is doing. Fucking hilarious.

I predict that if the market goes sideways for another 6-12 months, most of them will completely vanish from Youtube, or at least 90+% of their followers will unsubscribe and drop off.

Neither do I. But having been in the IT industry for two and a half decades, I can safely say that I've seen my fair share of IT 'hype cycles' based on emerging new tech.

Corporations haven't ever got a clue what to do with these new emerging technologies or how to make money from them (their ultimate goal). So they hire a few bleeding edge, high cost 'Consultants' to come in and educate them, tell them what to build, and finally build a useless prototype/ pilot project that ends up costing a year or three and a few million $$$. 99 times out of 100, the pilot project gets deployed in Dev and shown off to a few executives, who immediately question the full follow-on multi-year project's ROI value, and the pilot goes completely nowhere and eventually gets shut down and forgotten.

This pattern has repeated over and over as long as I have been in IT. And I'm sure it will continue far into the future...

Companies like IBM, Deloitte & Touche and Accenture have made hundreds of millions on hyping these emerging technologies. But they end of up costing their gullible clients far more than any return they could ever hope to get back.