Depends what you mean by successful, because amount of cash is important but a lot of large companies have received millions and gone under. I would still say the most successful is ETH because they are flourishing after an ICO.
Very correct. If an ICO raises a lot of money and has delivered very little, that's a failure, not a success. Many projects fall in this category. Some have raised multi millions and after 2 years, they have delivered no software.
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Cryptos will go MUCH higher.
However, nobody knows if Bitcoin will stay in the lead.
The total market cap of cryptos is still tiny compared to other asset classes, such as:
* cryptos: $0.2 trllion * gold: $7 trillion * stocks $70 trillion * fixed income $199 trillion * derivatives $630 trillion
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Nobody knows what's going to happen to Bitcoin in a hundred years.
But most likely cryptos will still be around, and much more widespread. Maybe Bitcoin will still be the premier coin or maybe it will be surpasses by another coin.
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ANNOUNCEMENT
Bet on Bitcoin You can now bet on Bitcoin, such as this round: If you take on this bet, tell others to take on your bet and get bounty. Read "Make A Bet Bounty" on page 1 of this thread. Gnosis raised $12.5 million in April 2017 and they still have not released a game yet. Their website still states: The Hunch Game is nearly ready and can be launched in the first half of 2017 as an example Gnosis app. Augur raised $5 million near the beginning of 2015, stacked their team with 13 members and 7 advisors (including Vitalik Buterin). After 2.5 years, they only have a simple beta demo for testing. StockBet’s app already has more features. Wagerr raised $10 million to do sports betting. There is still no game, no prototype nor app. We have not raised a cent yet and we already have an app that you can use on thousands of stocks, ETFs and now on Bitcoin! We have not raised a cent yet and we already have an app that you can use on thousands of stocks, ETFs and now on Bitcoin! Since we cannot compare our app to Gnosis or Wagerr, below is a comparison to Augur. Left side is Augur. Right side is BullBear on StockBet, which does not include the dashboard, scoreboard and messaging. Notice the stark contrast:
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Is there any way to see what alt currency’s these new crypto currency hedge funds are investing in?
Unlikely. They usually don't let many people see which stocks they invest in.
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It's far from mainstream.
This is bad and good news.
It's good news because the price still has a long way to go, to reflect mainstream.
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If you ask me, it's not the fact that he believes that it's fraud, or a scan, or a bubble. He's scared shitless when it comes to Bitcoin. The fact that almost everything he's learned over his lifetime is changing with bitcoin bending economic concepts, He doesn't have that power he used to have. The fact that he is firing and threatening a divorce means that it's gotten to his head. It's just not rational.
Bitcoin is living in Jamie Dimon's head, rent-free.
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Let's hope EOS succeeds to solving the scalability problem.
However, they never explained in their white paper on how they will do parallel processing or process millions of transactions per second.
Keep your fingers crossed.
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"Never invest in any business that you do not understand" -- Warren Buffet
Invest in a project that can prove that they can develop software. Developing software takes way more skill, time and work than writing a white paper, making a video or anything else in the crypto space.
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I think it is , and it isn't as risky as people say , but there is alot of room to grow. I don't see why a higher marketcap is less risky.
It depends on the market cap relative to the fundamental value. This can be somewhat determined with stocks, but it is difficult with cryptos. In stocks, it is risky when the stock is over-priced (market cap is higher than fundamental value) and less risky when under-priced (market cap is lower than fundamental value). It's extremely difficult to know if a crypto is over priced or under priced.
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It is game over pretty much as soon as victims such as single parents supporting 4 kids and caregiving for a spouse and parent with dementia, cancer, etc. lose their life savings and the mainstream media starts reporting on these shenanigans.
That's possible, but the more likely scenario is a basement dweller geek losing his life savings, as ICOSs are still mainly bought by geeks. And these geeks are much more skilled and knowledgeable about cryptos than your typical accredited investor, which might be a 65 year old retiree. Regulators want to enable accredited investors to invest in ICOs but not the geek. If a retired accredited investor loses his life savings, his life is screwed. If the 20 year old basement dweller geek loses his life savings, its not as big of a deal.
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I wonder if he realizes the words coming out of his month are negatively affecting his own employees as well as JP Morgans customers? The first house in the usa was purchased with bitcoin. The customer, agent, and title company said it was the easiest closing they ever did 10 minutes and money was available. it was in Texas if u want to check me. so he is very scared. The banks would normally be right in the middle. Jamie should be figuring out a way to embrace it not try to bully over it. People are tired of being bullied by these greedy people. This is perfect time to get in if u have been on the fence.
JP Morgan customers might be fleeing to other brokerage houses, in order to diversify into this new asset class. Fidelity CEO took the exact opposite approach. She's enabling customers to view their crypto holdings in Fidelity's system.
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Did I missed something. Isn't EOS a different project than Ethereum?
Yes, it is. Maybe publicjud was saying that scaling to millions of transactions per second should have been Vitalik's project. However, it's a lofty claim on EOS's part. Sometimes, if it sounds too good to be true...
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And yes, why hasn't any of them journalists gone for a good story by asking about every other contradictory move JPMorgan's made re Bitcoin? Or are investigative journalists just not yet into crypto?
According to the documentary "The Corporation", if a company advertises a lot on a news outlet, that news outlet will refrain from criticizing that company. This is part of fake news.
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Sorry to hear it is fake. I would not be surprised by this if it was real. As I see, Indians have always been following the technological improvements.
Thanks for the update. Fake news seems pervasive.
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"Show greed when others show fear. Show fear when others show greed."
-- Warren Buffett
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Buy EOS
I am buying in on EOS, bit there's no guarantee they have it all figured out either. Agreed. Let's hope that EOS pulls it off. However, they never explained in their white paper how they will achieve parallel processing and millions of transactions per second.
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"Suddenly, Bitcoin to Be Officially Legal in India" posted Jule 20, 2017
Good to hear. I've never heard of Urdu until someone translated our document into that.
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Great work. Thanks! We look forward to seeing your translation of the announcement.
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