@dragonvslinux. The coronavirus said no hehehehe.
In any case, the bitcoin market situation might be very bad if we do not hear more bashings from Peter Schiff anymore. He might be pitying us hehehe.
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Every country is running to hide and hold their value on the United States dollar. Why is this? It is an inflationary currency controlled by evil people that is not deserving to be considered safe money.
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Are you telling everyone that the only thing that is making bitcoin the good coin is the price? Would bitcoin be a shitcoin for you if it is on $0.50 and bitcoincash the good coin if it is no.1 in coinmarketcap.com?
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@bakasabo. Yes Vitalik and the developers can change the monetary policy with the support of the miners. Look at the changes they did before. They were done without big problems.
Also, I am not talking about the supply. Ethereum's supply is infinite. I am talking about the changes in coins rewarded to the miners per mined block.
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@stompix. It might be $6k today, however, it was on $20k 3 years ago and only a few days ago, it was dumped on $4k. Everyone is running where and holding what to be safe?
Heaven is a safe haven not because it is heaven. It is because of the guardian angels that made it safe.
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@tyKiwanuka. There were articles that were saying that a Superbowl winning quarter back would be joining the Bears. I was shaking my head asking myself how many Superbowls, 6? Tom Brady went to the Bucaneers hehehe.
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well at least Las Vegas is now concern about Gamblers?i thought they are just concern for the profit they will get from players lol.
this has been done few days back because the spread is now very alarming and getting outside China .
many countries now are becoming the Most affected of this Virus.
so all Gamblers Please play online using your Cryptocurrency to help the market grow and also for you to keep safe.
You have the correct thought. The casinos no.1 concern is always profit similar to any other business. As a business, they should do everything to protect their employees and help everyone else by shutting down to help stop the spreading of the virus among its source of profit, the players hehehehe. It is a simple business decision.
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Nick Foles went to the Chicago Bears. Is he a good player? He won a Superbowl and a Superbowl MVP award from playing for the Philadelphia Eagles. However, why was he transferred to the Jaguars from the Eagles and then to the Bears from the Jaguars?
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It is the reason why it is safe haven. It has a military force protecting it, paid for by the citizens that use it, and using the currency to pay for the protection.
Where is everyone hiding when they are selling their stocks, bitcoin and other cryptocoins?
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Imagine if ETH would at least rise to $5000 in the next 5 years, that would be awesome, we call that easy money for those who believe.
With that, we can retire anytime we want.
I just cant imagine why would ETH rise to $5000. It is has no max supply, so its amount infinitely. Something that is infinitely cant gain value by itself. Take for example gold or bitcoin. With each day it becomes more rare, hard to find or mine. That is why there is believe that its price will go up. Speaking about ETH - it has lots of competitors. Its technology is no longer unique and ETH is not a monopolist on the market. The only reason in can raise - correction in price because of Bitcoins price growth. Please read more about ETH. There is no fixed cap on ETH true, but that's only a part of the story. Long term it is deflationary, just like BTC, but the mechanism that determines this is the amount that gets created over time becomes a smaller and smaller percentage of the whole until the natural loss of ETH counteracts the creation. This whole talking point about ETH being an unlimited tap of supply is way overblown and simply not true in a practical sense. Ethereum is not deflationary. You should read more about Ethereum also. The monetary policy of Ethereum is centralized to the mood of the developers and Vitalik on any time period.
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Grin is one of theymos' infinity coins for the cryptospace infinity wallet. He holds bitcoin, monero, grin. He needs 3 coins more to complete and bring the bullmarket back to us hehehe.
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@bitgolden. It is also the community members' fault for attending. I reckon that the younger ones of them might think that it would be ok to catch the coronavirus because they will recover from it. However, their selfishness will cause them to be contagious to the older and weaker people around them.
This is a testament that mass gatherings are really not advisable in these days. They thought that they can take care of themselves, but the problem is when they infect other people. And it continues to infect others. And the major problem right now, is that the vaccine is still in trial condition. We don't know how many months do we need to wait before they release it commercially. And by that time, a lot of people are already infected. It might be years for a commercially good vaccine that has very minimum side effects. I reckon that the companies that create them would sell the first batches of commercial coronavirus vaccines on 3rd world countries and use their people as the test guinea pigs.
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Bitcoin is not doomed, however, the free cryptospace we knew from before might be doomed. Prepare for more stricter regulations and invasion of privacy. All users and exchanges might not be safe except for the friends of Coinbase hehehehe. This article made it appear to be good news, however. US Treasury Secretary Steven Mnuchin Appoints Coinbase Chief Legal Officer to Oversee Banking System
Brooks will assume his new role, effective April 1, 2020, after having served as Coinbase’s chief legal officer since September of 2018. Brooks is also a former Fannie Mae executive vice president, general counsel and corporate secretary. Joseph Otting will step down as the current Comptroller of the Currency.Source https://dailyhodl.com/2020/03/16/us-treasury-secretary-steven-mnuchin-appoints-coinbase-chief-legal-officer-to-oversee-banking-system/
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Are the miners creating profit on bitcoin's present price? They might not be and it is certain to be halved on May. How long does everyone speculate that this healthy hashrate can be maintained by the miners?
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@Jating. I would assume that the people who tell everyone that 1BTC = 1BTC consider it a currency and not a speculative investment. Ok, however, 1 bitcoin can buy lesser toilet paper, disinfectant soaps and hand sanitizers than when they bought bitcoin on $16k - $20k on December 2017.
Would you consider this as a safe haven?
Hmmm, 1 roll of toilet paper = 1 roll of toilet paper, thus, toilet paper is a safe heaven. But 1 bottle of sanitizer=1 bottle of sanitizer, so sanitizers are safe heaven. Wait, we can extend this bs theory to everything!!! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Everything to also 1 scam ICO token = 1 scam ICO token? @Betwrong. I reckon it presently appears to be a matter of speculation hehehe. @hv_. There are safe havens. They are protected by large military forces supported and paid for by the people that use them.
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The boomer doomer virus is blown way out of proportion..
I think something else is going on behind the scenes and this virus is a distraction of some type.
How feeling very superior of you to say this. Why don't you tell that to the people of Italy who lost family because of the coronavirus.
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@bitgolden. It is also the community members' fault for attending. I reckon that the younger ones of them might think that it would be ok to catch the coronavirus because they will recover from it. However, their selfishness will cause them to be contagious to the older and weaker people around them.
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Agreed. However, listening to theymos and considering his experience and wisdom on the cryptospace was part of my own research hehehe.
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@Betwrong. I agree, however, the safest relatively stable asset might be the United States Dollar. Someone make an attempt to destabilize it. The destabilizer would certainly feel the anger of the mightiest military force on earth hehehe.
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It's ignorance, from where I'm from some people thinks they are kinda bulletproof to the virus, they claim they can't caught the disease by any means possible
Agreed. Italy is the very example of people who have underestimated the pandemic until it has become too late to stop it. I reckon that there might be some hospitals that are already overwhelmed and might have to choose which patients live and which die. The old might be the sacrifice.
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