Well there has been a lot of rumors surrounding Yuan taking over the USD but the thing is this is a myth at best. The thing is there is still a lot of difference between a developed country borrowing money from China and an underdeveloped county borrowing from them. USA will only borrow money to the point they know that they can payback the amount in the given time, unlike this underdeveloped countries who are willing to risk their own assets just to have some fresh cash in them.

United States 10-Year Bond Yield is between 1.5-3% in recent years, so when Grin in this range inflation, it is in 34 years and 67 years.
Let’s give Grin 1/3 market cap of Bitcoin, today BTC price is $4000.

Year #   Yearly monetary inflation rate    price $
34          3%                                     8/3=2.67
67          1.5%                                            4/3=1.33

So Grin price is reasonable in $1.33 --- $2.67
(now price is $2.62)

As far as I know the IMF and the World bank have a strict loan structure that only a few countries capable can even lend in them. That is why most under developed countries tend to borrow money from other countries. That is why we are seeing China as the number one suspect for doing "debt traps" in which the Chinese government knows that this under developed countries don't have the ability to pay that their main goal really is for them taking over their assets. So far the countries who fell victim recently are Uganda and Zambia.

I wonder how many people close to the writer or actors have friends who could make a quick buck from this eh? Might not win much on an outright, but you could certainly take bags of money and make markets for all the characters they KNOW won't sit on the throne. Makes me feel the winner probably has very low payouts (therefore, most expected) after all.


But both Cloudbet and Nitrogensports have had recent allegations against them NOT paying out wins or cancelling bets. The latter even on a very dubious Asian Handicap bet that half pushed, half won on a parlay and apparently revealed that it had very bad AH reputations.

Cloudbet's also withheld in the past apparently, although negative ratings were recently adjusted to neutral, so he's probably justified in worrying. Besides, the amount shouldn't matter for trust. $1 or $1000 shouldn't have a say on how they handle your funds.

Check trust ratings of each to see what I mean. I would bet, but I would never tell people their money is safe on those reputations.

i thought he was done making predictions. say it ain't so, tom!

he's been the best contrarian indicator i've ever seen. i'm hesitant to stay too bearish for too long, but this prognostication from tom lee might have just delayed the bull market until at least december!

Bitcoin's dominance will organically decrease depending on the site that's calculating the percentages.

If we look at CMC for example, it's not so much that altcoins haven gained on Bitcoin, but more so that the quantity of listed altcoins has increased. If you keep adding altcoins, which happens continuously, the dominance will eventually drop below 40% or even below 30%.

If you also add that altcoins are somewhat leveraged Bitcoin products due to their similar but exaggerated movements, there isn't much that you can do here. Bitcoin is very long term bullish, so based on that, even the most rubbish coins will gain value throughout the years. Welcome in the world of crypto.

The worst part is that you can't even short 99% of the altcoins. Up is the direction.