It appears our bitcoin bull turned bitcoin bagholder is presently one of the speculators who was catching all the ETH that were dumped in the market hehehe. In any case, I am more optimistic of his predictions on bitcoin than of Ethereum. EOS is holding $4 billion in ETH. Other ICOs hold more than $100 million in ETH combined. That would be too hard for the ETH market, I reckon.  The last four out of four times it lagged its peers that badly, by two standard deviations, Lee said ether saw a “major trend reversal.”
“We believe Ethereum is about to stage a trend reversal and rally strongly,” Lee, managing partner and head of research at Fundstrat Global Advisors, said in a note to clients Thursday.
Lee meanwhile “believes sentiment is currently overly negative on ETH.” While it has underperformed its peers by two standard deviations, Lee said that’s “a sign of capitulation.”
The former J.P. Morgan Chief Equity Strategist said the cryptocurrency was “dogged” by a heavy supply being sold from EOS, which built its platform on ethereum then switched it to its own new token. Lee also highlighted questions about its blockchain technology’s road-map and “panic selling” by ICO teams.Read in full http://www.cryptoquicknews.com/beaten-down-cryptocurrency-ether-is-about-to-rally-strongly-says-wall-streets-tom-lee/ |
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 That's what you see if you visit the site. Was 1broker based in the USA? If it was based outside of America, then are we underestimating the power of the United States government? I have always thought that the cryptospace was unstoppable if faced versus the full might of the regulators. But not anymore. Any government can take away our freedom to trade if they wanted to, I reckon. |
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@Sukut. Agreed. But they are older, fatter and less hungry than during those rising years they had. Manny has become a wealthy politician and Floyd is rich and retired. 2 rich fighters in a ring with nothing to prove will not make a good fight. What more do they want from their fans? More money?
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Were those early employees also paid in EOS tokens or had a share of the billion of ETH from their ICO? Might this be another exit scam in the cryptospace? Block.one raised $4 billion and released a buggy platform then the executives resign 1 month after to start another company to compete versus their former company. Also, they left in June. EOS all time high hehehehe.  Four early employees and two contractors have resigned from the Hong Kong cryptocurrency company Block.one to start up StrongBlock, a new blockchain project that is currently under wraps.
David Moss, Thomas Cox, Brian Abramson and Corey J. Lederer, the employees, were the second, third, fourth and fifth to be hired by Block.one, the corporate parent that created the decentralized operating system and application environment EOS.
At Block.one, the four employees took on overwhelmingly technical roles. Moss had been the senior vice president of technology operations, Cox the vice president of product, Abramson the vice president of infrastructure and Lederer the senior director of technology products.
The executives joined last year: Moss and Cox in August and Abramson and Lederer in September. Software developers Jon Eric-Cook and Michael S. Mason, the contractors, began remote work on EOS in the spring.
But according to their LinkedIn profiles, Abramson, Lederer, Cook and Mason quietly left Block.one and EOS in the summer. Moss had already quit by May, a month before Block.one published the EOS main network.
Their exodus has opened up a talent vacuum yet to be filled on Block.one's leading technical team. The company had recently raised billions in investor money and initiated the early stages of a core product roll-out.
Since going live, the EOS network has struggled with defective source code. EOS' bug bounty program awarded a freelance software developer six-figures on the first day of the main network's release at a rate of $10,000 for every error patched.Read in full https://www.coindesk.com/early-execs-leave-block-one-the-peter-thiel-backed-crypto-startup-behind-eos/ |
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@Kemarit. Many fans will certainly be there and pay overpriced tickets to watch this. The same as there are bagholders who bought tokens from ICO scammers hehehehe.
In any case, we saw how the first fight ended so badly. Floyd and Manny should stop squeezing their fans for more money and should not fight again, I reckon.
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@JanpriX. I was not asking about your life or if bitcoin's bullish or bearish sentiment will affect your spending habits. I was asking rickadone, to answer as a bitcoin speculator, how he can be certain that it will go back to $20k and on what he thinks the sentiment might be if bitcoin is considered to be in its fair price of $6500 for the next 50 years.
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I am fairly certain that this fight will not be as exciting as everyone expects. The first fight was very disappointing. I reckon, this rematch will be more disappointing. 2 old boxers in the sunset of their careers who are trying to squeeze the fans while they can. They have become the ICO scammers of boxing hehehe.
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@rickadone. That is the common attitude in the cryptospace. But in the interest of discourse, how can we be that certain that bitcoin will go back to $20k, or how can we be certain that it will be bullish again? What if bitcoin now is in its fair price and will stay there for the next 50 years?
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I think there's a chance Conor McGregor damaged his heart/cardiovascular system from doing cocaine et al. Coke abuse is associated with reduced heart function and decreased capacity to circulate blood. The same can be said of steroids and some PED's. If this is true, it means Conor might need an early finish to win the fight. It also means Conor will get tired much faster than normal if Khabib is able to get the clinch position, hold Conor against the cage or force Conor to repeatedly defend takedowns.
Ok, I reckon I already read that assumption from you before. But in any case, if Conor wins what would that say about Khabib? That someone with a cocaine and an alcohol addiction problem can beat him, or are the stories of his addiction untrue hehehe. Also, is Khabib as tenacious as Nate? No, I reckon. @btc_angela. But how is Khabib's chin? |
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Who made those rules and who said that they are holy? I reckon his cult members would say so hehehe.
Is that really their ethos or one slide snuck in there by an individual fuckhead? On the strength of that I'd be leaning towards it being a performance art piece that'll soon be revealed. That individual fuckhead is one of the founders of the B Foundation. I am looking for their website to see who the other founding members are but I saw a another picture that showed some known people in the cryptospace like whalepanda, Elizabeth Stark, Alex Vranova of Satoshi Labs and that guy in the picture together onstage. |
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@AngryWhiteWolf. They are possibly testing the patch more rigorously before making deposits and withdrawals available again. Which is good because that would imply they are very careful.
Also, they might be working very closely with some Monero developers because some Monero wallets are also offline in many exchanges.
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Monero and, I am sure, Aeon have already fixed the bug. You should go to the other Cryptonote coins and the other Monero forks' developers, who some of them are very incompetent, and warn them. If you are here to spread the FUD, then it is not working hehe. |
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This might be one of the reasons why Daniel Ricciardo left Redbull hehehe. The team is marketing Max, not Daniel.  His position as the no. 1 driver is clearly threatened by Max, or he might not be treated as the no. 1 anymore. I reckon it is more possible that he is beginning to see that he is not being treated like the no. 1 driver anymore. |
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@btc_angela. Agreed. Also, when Khabib rushes forward he has his chin up, which Conor might catch cleanly with a left straight or a right leading uppercut.
Also, how can Khabib make Conor tired? Does he have the durability of Nate Diaz? Khabib is unproven versus the best of the best. Check his MMA record, who is the greatest fighter he has fought?
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thanks for sharing this. the tether drama has been one of the biggest FUDs of last year and it has never made any sense at all, mainly because the whole theory had a lot of exceptions to it that defied the conclusion that it was trying to make. But to summarize those articles, they illustrated that more USDT are issued during the times when the price of bitcoin was going down because there was more demand for USDT. To maintain the peg of 1 USDT - $1, more USDT have to be issued. That's a simple summary, but the articles also expain the use of arbitrage.
true. generally speaking new tether is issued whenever there is an increase in trading volume because there are more traders and since all of the altcoin exchanges have USDT pairs since they are avoiding fiat and the KYC that comes with it USDT is needed so that people can run away to it and/or use it to transfer funds between exchanges. although one question rises here. we all know the market enters excited phases when there is a lot of volume (like end of 2017) but it exits them and enters slow mode with lower volume. what i wonder is how tether price remains up with a large volume in circulation but nowhere near the same demand? Are you asking about how USDT maintains its peg in situations when there is high supply and low demand? Tether.to was a central authority on exchanging 1USDT to $1 and I reckon they still might be. I have not followed the whole story when they lost their banking partners. In any case, if the peg is still there, maybe they found new banking partners. |
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@gentlemand. But it can be worse than the previous attempt. They proclaim that the are not the leaders and that they are not the representatives of bitcoin. But look, they are beginning to act like the leaders of a cult. Who made those rules and who said that they are holy? I reckon his cult members would say so hehehe.  |
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Electroneum is a very reasonable and underestimated project. They just released the Beta version and as far as I know Apple mentioned that there will be no mining on their devices, but somehow they managed to do that. That's why they are going up on the calm market. They raised about $30m pretty quickly. Other 2 cannot me currently very competitive with ETN, as there are kind of no volumes.. Electroneum have weak developers and the cryptocoin itself was a victim of a 51% mining attack which also displays their incompetence. I would choose Masari over it. Their developers have shown humility and the eagerness to learn in developing a Cryptonote coin. But if made to choose between Aeon or Masari, I choose Aeon. It is the closest to Monero but lighter. |
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