Does anyone who has denied the unsayable or else Cryptotourist will jump from a cliff already convinced? Grin's infinite inflation was chosen for stability in price.

https://github.com/mimblewimble/docs/wiki/Monetary-Policy

Also, its fluctuations might become more similar to dogecoin than bitcoin.

The most popular of those cryptocoins which is litecoin. No development, copied from bitcoin, however, supported by a large community, supported by some opensource developers and has held top 10 longer than most altcoins.

There are smaller coins similar to Aeon that might appear forgotten, however, it has a loyal community of contributors and hobbyists that might let it live longer than Peter Brandt's 5 years. I would consider this a success.

@1Referee. Agreed. However, the SEC has not given its approval for VanEck and SolidX to let investors invest in a bitcoin ETF yet. But they might have found an ambiguity in the rules that might allow them to sell bitcoin ETFs to institutional investors only.

@cr1776. It will then be their political class' fault if they lose the trust of the people. In the next election or the next change in regime, the people will choose the opposite of the incumbent. I have read about a country electing a murderer for a president. I reckon the president before him must be learned, belonging to a political class but very corrupt and who failed his people.

@avikz. Should there be? Are the cryptocoins outside of your 3-5 cryptos really garbage? I reckon community formation and opensource development should not be stopped. One of those projects might develop something that bitcoin can use.

However, Cointelegraph released this as exciting news for bitcoin. I reckon that we might be witnessing a bear market in the bitcoin news creation business hehehe. Any old boring news, becomes good news.

@pereira4. However, Dustin Poirier has the power. 50% of his fights were knockouts and technical knockouts, his fighting style is to stand in front and throw power punches. Also, Conor fought the younger versions of Dustin and Max Holloway. If they fight Conor today, they would beat him.

Khabib can also weaken on the 4th and 5th rounds similar to his fight versus Al Iaquinta.

Agreed. Who is James, however? Charles LecLerc?

In any case, Redbull will begin installing Max Verstappen's car with the spec4 engine for the Italian grand prix, which will also give him a penalty. However, he might be a good bet for the Singapore race hehehe.

@smooth. Organizing a small bug bounty using the community funds might be suitable. It might receive interest not only from the Aeon community because there is a financial interest to do it.

It might also be good as a way to promote Aeon and the winning bounty hunters might also become one of us hehehe.

I reckon he might be partly correct, however, there are altcoins that are supported by small but loyal communities and excellent developers that refuse to be forgotten.

I am an Aeon bagholder and I have already accepted its fate that it will never be as big as bitcoin or its big brother, Monero. Will I stop supporting it? No and I am not the only holder giving it support as a hobby.

Peter Brandt thinks everything is about making holders rich. He lost the essence of community and opensource development in the cryptospace.



The altcoin market continues to bleed out, setting one fresh low after the next. It’s caused the overall crypto market sentiment to reach extreme fear and despair, with many worrying that the altcoins they hold may never again return to their previous all-time high prices.

However, career trader Peter Brandt says that the fate of the altcoin market is much worse than never again setting new highs. The professional trader claims that in five years, 99% of all crypto assets will be a distant memory.

According to Peter Brandt – in response to a tweet suggesting that Litecoin, Ethereum, and Ripple were going to continue to set new lows and that crypto traders should focus on Bitcoin as their main asset of choice as the one with the most “lasting value” – as much as 99% of all crypto assets will be forgotten in five years time.

Investors in Litecoin, Ethereum, and Ripple were particularly defensive, but later Brandt clarified that “LTC and ETH have far more going for them” than the rest of altcoins, which he refers to as a “junk pile.”

However, Brandt may not be wrong about his statement. Earlier this year, crypto analytics firm DataLight shared a visual representation of the top ten cryptocurrencies by market cap and how it has evolved since 2013.

Before even clicking play, the only recognizable cryptocurrency on the list aside from Bitcoin itself is Litecoin. Not even Ripple was released at this point.

The list includes the likes of Peercoin, Namecoin, Feathercoin, Novacoin, Mincoin, Devcoin, Terracoin, and Aphrodite Coin. If you are scratching your head, wondering what these altcoins are, then it may not be unfathomable that the current crypto market top ten might all be forgotten in the matter of another five years, just as Brandt says.

Read in full https://www.newsbtc.com/2019/09/03/peter-brandt-99-of-altcoins-will-be-forgotten-in-five-years/

The skeptical me is thinking that a bitcoin ETF offered to ordinary investors is what the American government do not want. The government has always been a hurdle for ordinary people to prosper by blocking them from entering into more unfamiliar investments.

Is this what the SEC was planning from the beginning? Approve a bitcoin ETF limited only for the rich?



VanEck and SolidX bypass SEC by offering Bitcoin ETFs to accredited investors

Two investment companies whose Bitcoin ETF proposals have been delayed by the SEC have found a way around the tight regulations. In a joint statement, VanEck Securities Corp. and SolidX Management said they planned on launching a “limited version” of the BTC ETFs, only available to accredited investors.

After facing yet another delay on their joint Bitcoin exchange-traded-fund (ETF) proposal, asset management companies VanEck Securities Cop. and SolidX Management LLC found a way to bypass strict SEC regulations.

In a joint press release, the two companies announced that they plan on issuing a limited version of their originally planned Bitcoin ETF, only available to institutional investors.

According to The Wall Street Journal, VanEck and SolidX will sell shares in the VanEck SolidX Bitcoin Trust to qualified institutional buyers. In the statement, the companies said that the shares will be the first Bitcoin products for institutions that is cleared. It will act much like a traditional ETF, featuring the same creation-and-redemption process.

The companies were able to launch this unusual product thanks to an exemption in the law regulating securities in the U.S. The statement referenced Rule 144A of the 1933 Securities Act as the enabler of this offer. The rule specifically allows “privately placed securities” to be traded among “qualified institutional buyers” without having to register with the SEC.

Starting from Thursday, Sep. 5, the shares will be quoted on the OTC Link ATS, an alternative trading system directly regulated by the U.S. Securities and Exchange Commission.

Read in full https://cryptoslate.com/vaneck-solidx-bypass-sec-bitcoin-etf-accredited/

Agreed. However, John F Kennedy had a more lasting legacy in America and passed on that legacy to the bitcoin community. He invented the phrase we are going to the moon hehehe.

Agreed! This fight is not worthy of its own thread. Treat this similar to a prequel to the real movie and should be discussed in the Tyson Fury, Deontay Wilder rematch thread hehehe.

I do not know. However, I predict that some of the miners might organize something and find a new development team to hardfork to their own version of Ethereum where they can continue mining.

No applause for Alex Albon? He also had a good race starting from 17th and to finish on 5th. I reckon that new Redbull spec4 engine might do more in the hands of Max Verstappen in Italy hehehe.

There was nothing in my post that implies that Argentina should look for more loans. Did I not already say that loans from the World Bank, the IMF or China and America are troublesome for 3rd world countries?

I predict Sebastian Vettel's retirement after this season. Charles is younger, faster and the more exciting driver. Ferrari will certainly begin favoring him.

This is very hard for Sebastian because he knows this feeling. He did something similar to Mark Webber in Redbull when he was young.

@pereira4. Khabib's chin has never been tested. We thought Conor was going to test it, however, the strategy he used did not give him this opportunity.

I reckon Poirier's fighting style might give him a chance to test it.

$28k?

Which character does the forum consider more of a joker? Tom Lee or Max Keiser? Tom Lee is funny for me because we know he has invested hundreds of millions of Fundstrat investors' money in bitcoin. He is under pressure hehehe.

However, Max Keiser is very annoying for me. What does he want to be? A bitcoin influencer?



Max Keiser Sets $28,000 Bitcoin Price Target as Market Falters

Bitcoin permabull Max Keiser set an exuberant $28,000 bitcoin price target, citing its escalating hash rate and Game Theory.

On Twitter, Keiser reasoned that per the "protocol's hard-coded Game Theory, hash precedes bitcoin."

Keiser interprets that to mean that a $28,000 bitcoin price target is now in play. So is a bull run around the corner? Who knows?

Source https://www.ccn.com/max-keiser-28000-bitcoin-price-target/

I reckon that there might be a stronger case for the Argentinian government to hold bitcoin in their reserves if they want to remove themselves of state intervention.

Some of you might not know this but if a powerful country like America or China loans US dollars to a 3rd world country, it is not because those powerful countries want to help. The 3rd world country borrowing the money has given America or China some control in its economy or policy making in exchange.

The IMF and the World Bank are also 2 institutions that make these kind of deals.



The government of Argentina has imposed capital controls on its citizens in a response to growing financial issues for the country. The South American country has limited dollar purchases to only $10k per month after $3 billion was drained out of their foreign currency reserves on Thursday and Friday alone. Is it time to switch to Bitcoin?

Argentina’s national currency, the peso, has been in free fall the past few weeks as the government attempts to pay off their short term debts. The peso is down over 25% in the last month alone. Interest rates spiked heavily as the Argentinian central bank tried to control their debt, making the decision Wednesday to delay payments on the $7 billion of debt this year.

The decision comes from President Mauricio, who ran on the promise to get rid of state intervention in the economy. He is now doubling back on his ideals by imposing currency controls. The current political landscape in Argentina is suggesting Mauricio and his party will lose power in the upcoming October election. This fact is scaring many investors in the country.

The opposition has been calling for currency controls, claiming that the government was in a “virtual default.” The reserves of the central bank fell nearly $12 billion due to political uncertainty

Read in full https://bitcoinist.com/argentina-imposes-capital-controls-strong-case-for-bitcoin-adoption/